Tariffs might sound like abstract policy jargon, but they pack a punch for companies—and consumers. Imagine a product costing $20 to import and selling for $30. Now slap a 50% tariff on it. The cost to import balloons to $30, forcing the retail price to $40 to keep profits alive.
That added cost? It doesn’t come out of the exporting country’s pocket—it lands squarely on the consumer. The idea is to nudge companies into sourcing domestically, but when domestic costs match or exceed those imports, the price hike stays.
Continue reading “Harley-Davidson and Tariffs: Revving Into a Trump Trade War Abyss”