US manufacturers response to 25% tariffs on washing machines was to raise their prices by exactly 25%. $80 million was collected in tariffs, $2 billion was paid by US consumers in increased prices. Increased prices…
US manufacturers response to 25% tariffs on washing machines was to raise their prices by exactly 25%. $80 million was collected in tariffs, $2 billion was paid by US consumers in increased prices. Increased prices…