The United States enacted new 25% tariffs Wednesday on all steel and aluminum imports, ending previous exemptions that had been in place for a number of U.S. allies.

    • Prehensile_cloaca @lemm.ee
      link
      fedilink
      English
      arrow-up
      3
      ·
      edit-2
      9 hours ago

      They have to find someone with an undergraduate level grasp of Economics to explain tariffs as a pass-through cost to the entire administration.

      So, probably a while.