02-03-2025, 02:48 PM
(02-02-2025, 10:57 PM)panamaniac Wrote:(02-02-2025, 10:47 PM)ijmorlan Wrote: Now we’re imposing tariffs apparently, so stuff from the US will automatically rise in price.
I have no idea if retaliatory tariffs is a good response. I just hope that we take this as an opportunity to eliminate our internal trade barriers between provinces.
I woudl say "probably" rather than "automatically". Producers can reduce prices to try to stay competitive, buyers can sometimes swallow some of the increase, and changes in exchange rates can have an impact as well, although in this case I'd say it's more likely to increase prices.
True enough. I should know not to make a definite economic prediction.
That being said, it should be fairly safe to say that over time prices of things with more American content can be expected to rise more than prices of things with less American content. Buying cheaply will automatically tend to avoid American content, no matter where it is in the supply chain (note the word “tend” is essential to the correctness of the sentence).

