this post was submitted on 22 Jul 2025
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United States | News & Politics

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Who’s paying for Donald Trump’s tariffs? So far, American businesses and consumers.

Archived version: https://archive.is/20250722181944/https://www.bloomberg.com/news/articles/2025-07-22/us-companies-and-consumers-are-paying-for-trump-s-tariffs

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[–] BrikoX@lemmy.zip 2 points 4 days ago

I know of 12 of them. And they only pledged it over time, so time will tell if they follow-up or wait out Trump. And none of the companies that pledged it are manufacturing something new. It's either opening new factory doing the same or expanding it. So the lack of supply chains for many of the critical components is not solved and they will still have to be imported. Like most of the time it's a social media win that doesn't do anything in the real life.