Trump orders 25% tariffs on all goods from Colombia after 2 deportation flights were rejected

pete clemenza

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Wait how does this punish Colombia tho? The American business owners who purchase their products are the ones that have to pay the tariffs which makes prices shoot up right?
Hurts both actually. You got a product(coffee) to sell to the buyer all of a sudden buys less or doesn't buy it at all, you're f*cked.
 

RiffRaff

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Wait how does this punish Colombia tho? The American business owners who purchase their products are the ones that have to pay the tariffs which makes prices shoot up right?
Yeah I need someone to explain this to me like I’m 5. We know the effect to the American consumer but how does this negatively affect Columbia too?
 

RiffRaff

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Hurts both actually. You got a product(coffee) to sell to the buyer all of a sudden buys less or doesn't buy it at all, you're f*cked.
Gotcha I figured that would be the case scenario. So I’m assuming Trump’s gameplan is some “you need me, more than I need you” game of chicken steeze. In the short term the American consumer(especially those with lower income) will feel the brunt but by doing performative things in the short term, taking care of “DEI”, “Trans” etc. it sounds like Trump is banking on that pacifying the idiots who voted from him long enough so that these other countries cave and come back to the table to renegotiate terms.
 
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Yeah I need someone to explain this to me like I’m 5. We know the effect to the American consumer but how does this negatively affect Columbia too?

Price elasticity.

The price of the product going up for American consumers can ultimately hurt demand for the Colombian products.

Trump is a moron though. He doesn’t fully understand how tariffs work. People really think the price of eggs are coming down with this guy starting trade wars.
 

Sbp

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Wait how does this punish Colombia tho? The American business owners who purchase their products are the ones that have to pay the tariffs which makes prices shoot up right?
I THINK the idea behind it American business will now be discouraged from buying from Colombia and seek to do business with nations that offer the same products at a cheaper rate. Not sure though.
 
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