Three examples of why Trump's tariffs will raise the price of domestic products:
— Larry the Cat (@Number10cat) April 3, 2025
1.
Imagine you make wine in California. The prices of all imported wine is about to go up significantly because of the tariffs?
What do you do to your prices? You increase them, just by less
Lagniappe:3.
— Larry the Cat (@Number10cat) April 3, 2025
You grow bananas. Previously you exported them to the US, the world's largest importer of bananas. They're going to be hit by a Trump Tariff. You can send them somewhere else instead where there will be a much lower tariff.
What happens to the price of American grown bananas…
The US stock market: 📉 pic.twitter.com/Jv7gaAgQak
— Larry the Cat (@Number10cat) April 3, 2025
To my friends in the US: I'd send you my sympathies but your President would make you pay to receive them https://t.co/coYTm2phk0
— Larry the Cat (@Number10cat) April 2, 2025
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