Izzy Seabiscuit: Industries that have near-100% demand-driven pricing are those that have artificially induced supply constraints, like housing in many markets. Almost no goods that would be subjected to tariffs meet that definition. Steel, oil, manufactured parts are all subject to supply costs.

aaand predictably, Sulz has started the anti-Kamala attacks ,guy really thinks he can swing the election to whoever won't raise his taxes, this POS needs to be put back in place the American people ASAP

Do people not understand that Trump's insane tariff proposals are a de facto tax on everyone? Congress controls formal taxation and will not support massive increases, but Trump has shown he will arbitrarily impose tariffs w/no limits or control.

Yes, your average American believes that prices are 100% demand-driven and that importers will fully bear the price of tariffs.

Cost increases are passed on (not necessarily instantly, there's a lot of lag in economics) but inevitably. If it costs the importer 10% more, they charge the distributor more, and they charge the store more, and the store charges the customer more. (I know you know this, but some people don't.)

Industries that have near-100% demand-driven pricing are those that have artificially induced supply constraints, like housing in many markets. Almost no goods that would be subjected to tariffs meet that definition. Steel, oil, manufactured parts are all subject to supply costs.

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