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Canary in the coal mine is outdated, we need to call it Penguin in the tariff proposal from here on out
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Jeff is if anything underselling this
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Jeff Stein
@JStein_WaPo
Lmao absolutely unreal CNBC segment of @DKThomp trying to patiently explain the difference between housing prices falling due to a global demand crash & housing prices falling due to supply side reforms
I look forward to buying American coffee, bananas, and black pepper.
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Robert Barnes
@barnes_law
You can't avoid an income tax. You can avoid a tariff. Just buy American.
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Tariffs also increase the prices of American made goods.
With higher prices on foreign goods, American firms face less competition and also increase their prices.
This happened when Trump put tariffs on washing machines in his first term:
investopedia.com/what-happened-…
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Lmao absolutely unreal CNBC segment of trying to patiently explain the difference between housing prices falling due to a global demand crash & housing prices falling due to supply side reforms