White House press secretary Karoline Leavitt calls journalist vile name in rant

It depends on the situation and the amount of tariff.

On some super high margin product, lets say textiles, if you slap a 10% tariff then the business may choose to just keep going with slightly less profitability.

If you do 25% or 50% tariff or the product didn’t have plenty of margins/profitability to work with, then “caving” isn’t really an option as it is making a business entirely unsustainable.

 

Ok, so you agree with the AP reporter that it's a tax on Americans. Glad we got that settled.

On to the next: Renegotiate what?

Then walk me through how this ends with lower prices.

 

I don't listen to everything spewed, but is this meme true? If so I'll leave it up.

 

This is wrong. Literally the week that Trump stepped in office the domestic CRU for steel started increasing because of his threats to impose tariffs. Previously the CRU was flat for quite a while. The index has now gone up every single week he’s been in office. With the imposition of tariffs that will only continue. And why wouldn’t it? If domestic suppliers’ international competitors are suddenly 25% or 50% more expensive why would a domestic supplier leave money on the table? You claim to have run a business so you know you wouldn’t have done that.