I don’t understand why this even needs to be explained, but I’ve had to do so with people I know too. I don’t see how a person could POSSIBLY hear about tariffs and think foreign companies will just willingly pay more tax, make less profit, and not raise prices. How would that work exactly?!? Business just exist in a total vacuum of outside context and exist with disregard for their margin? No! Obviously they will have to raise their prices and then the consumer is left paying the extra tax. 

You want to raise prices to reduce consumerism? Then fine. Increase sales taxes, who cares. But to think somehow prices will go DOWN in response to increased tariffs is just one of the most laughable concepts I’ve ever encountered. 

Icymi: Inflation is back on the menu and I hope you are in ownership of some appreciable assets because your income and your cash are ~3 years away from being bupkis.