The reason that the stock market cratered in response to this was that regular consumers are about to get hit with a 25%+ price increase on literally everything they buy. If you don't make 25% more paycheck, you're going to be cutting your lifestyle by the difference. Companies know this and are anticipating major lost revenue because people won't have money to spend on their products. The price increases are probably going to be in full swing in 2-3 months, but that's an educated guess, only.
aow
joined 2 years ago
Yeah, the other side says "slow".
Looks like Reuters is saying that Israel denies hitting this facility, but they shot at a nearby Hamas rocket site. Odds are good something came from there, like the hospital Hamas accidentally struck last year. Plenty to criticize without making things up.
This torture method is a bit of a stretch...
Not really, just a huge difference between the different regions of PA. Philadelphia/Pittsburgh/Harrisburg vote blue, their metros mostly do, the rest of the state is deep red.
State level elections are determined by whether or not the city people turn out to vote.
Ok, so it's flat and on top of another object, like a board on a wheel! The surface is flat but wobbles a bit.
The perception would absolutely not be the same, and US companies are also not exempted from paying them. Most people don't understand that tariffs are taxes paid on imports, paid by those who import them. They think tariffs are magical and the money comes from foreigners.
People may start to understand if/when the price hikes start affecting them directly. For now only retirees with stock market holdings have seen a drop.