Profile picture
Scott Lincicome @scottlincicome
, 3 tweets, 1 min read Read on Twitter
Good thread on tariff incidence (though I'm not sure Trump gets this point at all). Also important: in the real world, a lot of things prevent a quick/easy shift in supply or change in import price - contracts, supply chains, consumer preferences, finite global supply, etc.
In Section 301 comments, for example, dozens of US firms noted that, bc of these factors, it'd take YEARS to switch import suppliers, even where adequate non-China supply exists. Others said that US demand outstripped non-China supplies & building new facilities wasn't realistic.
So there are a lot of practical impediments to shifting a tariff burden away from consumers, even where the textbooks say it should be easy.
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Scott Lincicome
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member and get exclusive features!

Premium member ($30.00/year)

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!