Quote:
Originally Posted by Goriders
Your not going to lose market share if the infrastructure transporting your goods goes to a small region and they can’t replace your volumes. Their pipeline systems aren’t all infinitely connected. Refineries that source canadian oil will be servicing local regions. I’m betting some won’t have a choice.
Someone in the US is going to pay for the tariff. I doubt it can last a long time. Consumers will start squawking
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If tariffs or price increases won’t affect sales then why is Smith squawking so much about a possible export tax? And why does WCS sell at a discount if it’s so irreplaceable?
Anyway, my original point was that in a hypothetical situation where Trump forces the producer to pay the tariff (using his twisted external revenue agency logic) it’s worse for the producer than if the consumer pays. They would have to increase their price 33% in order to absorb a 25% tariff and still break even.