

Hey neighbor, Minnesotan here but new to the term FIB, mind sharing?
Hey neighbor, Minnesotan here but new to the term FIB, mind sharing?
Good luck on the thesis and I hope my data points can assist your research! I’m sure the community would love to see your finished thesis when it is done
That’s a bit of a gross oversimplification. Overseas or foreign product? Sure tariffs apply 100%.
But what if the modified corn gloop is processed with a machine from Germany? And quality inspected with a sampling device from Canada? And the cameras used to inspect the packaging come from Japan? And the computers to power the logistics operations come from Taiwan, Korea and China?
Sure the corn gloop isnt taxed via tariff, but every single part of its manufacturing just got 20-120% more expensive (and supply chains got that much less predictable). Most businesses would go under if they tried to eat that cost.
The answer? Sweeping tariffs mean sweeping price increases. The list of which prices won’t go up will be infinitely smaller.
Realistically you don’t get to react at that speed. Best you can do is slow down and hope… Anything more than small adjustment of the steering wheel and you’re no longer on the road. If I crashed at even half that speed I would probably wish I was dead because it’s going to be a very long time if ever I function correctly again.
For the ignorant, which are the big four?
Well consider that added to my lexicon! I have a few people that come to mind hahaha