JT on Nostr: Zhang the Trader doesn't pay the tariff, John the Importer will. John will then price ...
Zhang the Trader doesn't pay the tariff, John the Importer will.
John will then price his newly-imported and tariff'ed goods with an additional 20% markup; Why would he sell at the same prior price only to reduce his own profit? His whole goal is to make profit, not lose out on it.
Published at
2024-11-18 17:43:40Event JSON
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"content": "Zhang the Trader doesn't pay the tariff, John the Importer will.\n\nJohn will then price his newly-imported and tariff'ed goods with an additional 20% markup; Why would he sell at the same prior price only to reduce his own profit? His whole goal is to make profit, not lose out on it.",
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