₱ⱤØⱠł₣ł₵ JØł₦₮Ⱬ on Nostr: 1. Zhang sells 1mt of steel to John for $1k. 2. Donald Trump imposes a 20% tariff ...
1. Zhang sells 1mt of steel to John for $1k.
2. Donald Trump imposes a 20% tariff “to bring manufacturing back.”
3. Now Zhang sells 1mt of steel to John for $1k + 20% = $1.2k.
4. The US collects its $200 from Zhang.
5. Zhang still made $1k.
6. Who paid the tariff?
Published at
2024-11-18 13:45:02Event JSON
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"content": "1. Zhang sells 1mt of steel to John for $1k.\n\n2. Donald Trump imposes a 20% tariff “to bring manufacturing back.”\n\n3. Now Zhang sells 1mt of steel to John for $1k + 20% = $1.2k.\n\n4. The US collects its $200 from Zhang.\n\n5. Zhang still made $1k.\n\n6. Who paid the tariff?",
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