Why haven't consumer prices risen due to tariffs on China?
Posted on: May 13, 2019 at 15:50:23 CT
Spanky KU
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Because the US (corporate) buyers have:
1) Forced lower pricing on the Chinese to offset/soften the impact of the tariff on consumers
2) Located alternate suppliers that are not subject to the tariffs.
3) Used the advantages from their lower taxes to absorbs some/all of the tariffs in order to not impact consumer pricing
Edited by Spanky at 15:50:42 on 05/13/19