this post was submitted on 18 May 2025
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Economics

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‘It’s real y’all’: People are sharing their tariff receipts, and my wallet is not ready for what’s coming (www.buzzfeed.com)
submitted 2 months ago by MicroWave@lemmy.world to c/economics@lemmy.world
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[–] rimu@piefed.social 6 points 2 months ago (1 children)

I wonder if the surplus goods that would have been sent to USA will instead flood other markets and bring down prices there.

[–] jwt@programming.dev 2 points 2 months ago

That's what some Europeans are fearing (while lower prices are neat in the short run, expectations are European businesses will suffer the consequences of those surplus dumps).