this post was submitted on 05 Mar 2025
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[–] madcaesar@lemmy.world 4 points 4 days ago

Tariffs do not work.

Even if you just target one item, like this moron did with washing machines 8 years ago, what happened?

Imported washing machines went up 25% in price.

Domestically produces machines went up 25%, because why wouldn't they gauge more money??

Tariffs only hurt the consumer.