Search Results: did he fall for me

The Media repeatedly reports on the negative effects of tariffs, how they will raise prices, and how people are upset about that.

What the media fails to do is talk about the complete effects of tariffs. Yes, they will raise prices for American consumers... on discretionary goods that Americans purchase, goods they don't have to purchase, like gadgets from China. As prices rise, demand for those goods will fall, which causes the Law of Supply and Demand to kick in. In other words, the supplier (in a foreign country) will lower its prices to maintain a reasonable demand... and profit margin.

Over time, prices and trade amounts will stabilize, resulting in a more favorable trade balance for the receiving country, the United States (considering Trump's tariffs).

Simply put, tariffs are not the evil that the media professes them to be.

So...

Why do you think the media keeps pushing the negative effects of tariffs, ignoring their long-term benefits.

Please vote in the poll and add an opinion if you like.