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cross-posted from: https://lemmit.online/post/5566633
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The original was posted on /r/todayilearned by /u/MechCADdie on 2025-04-04 08:19:11+00:00.
There are some that work in order to protect national interests, mainly local producers and services. Whether they are stupid or not depends on implementation and end results
But these local companies just jack up their price to be competitive to the new tariffed foreign price and pocket the money.
Dunno, what usually happens without tariffs is that the bigger multinational companies drive the prices so low as to destroy local competition, after that they jack up the prices