Just curious about how this works out. At scale, would either decision make any sort of impact? I know most people, including me, will end up avoiding heavily tariffed products out of personal financial reasons. But in theory, would US residents buying or not buying tariffed products be the larger anti-tariff statement? I feel like the obvious answer is “only buy tariffed products” which is why I chose this community but I’m not entirely certain.

I would like to stress again that I am asking this hypothetically, and specifically and only in the context of political statements regarding tariffs. I am of course aware that no single person will have any impact on their own, and I am similarly aware that almost everyone will be avoiding highly tariffed products for non-political reasons either way.

  • General_Effort@lemmy.world
    8·
    7 days ago

    I don’t think you have the choice. Products that aren’t imported are made with parts that are imported. In fact, there will be products that have several layers of products tariffs in them, for example cars. Parts are made, assembled into bigger parts and ever bigger parts, and may cross the Mexican or Canadian border each time.

    These tariffs are a monumental act of economic self harm. That’s what the stock market is saying. Stocks have (rational) value because you are entitled to a share of future profits. The stock market crashing tells you that the pros expects that a lot of value is not going to be created. Trillions of dollars will not be paid out to stock-owners, and further trillions will not be paid out as wages. The real wealth that is the other side of that money - all these new goods, cars, phones, TVs, dishwashers … - will not exist in the USA.

    So, don’t worry about hitting them in the wallet.

    If you want a picture of the future, imagine a boot stamping on an American ball sack—for ever.

    Maybe watch out for products from Russia and Belarus, as they are not included in the tariffs. This may start a new era of economic cooperation; putting the US in USSR. Ironically, Russia is still hit hard because of oil taking a nosedive.