Oh, they’ll go down… But it won’t be nearly as much as it went up to cover the tariff.
What I’m thinking is, let’s say a widget is $100, tariffs go in at, say 5%. So it should cost $105, but the price increases to $110. People cry bloody murder, but ultimately they “need” the widget so they buy it. Tariffs go away, yay, the price is dropped, it’s now $107.99
that’s what I’m thinking.
Me? I’m basically driven snow over here. Plenty of people who live here aren’t though. I like those people. They’re different. I like different.