"water is wet" kind of study, as tariffs are precisely supposed to increase price for consumers for imported goods... But the last 3 paragraphs are interesting:
- Importers raised the price more than needed (i.e. blame tarifs to increase their profit margin)
- Price increases took one year to fully reflect to the customers, and persisted nearly one year after the tariffs expired.
- chicken-tax-like loopholes implemented wherever possible (for wine apparently it's raising the ABV to more than 14%)
- Importers raised the price more than needed (i.e. blame tarifs to increase their profit margin)
- Price increases took one year to fully reflect to the customers, and persisted nearly one year after the tariffs expired.
- chicken-tax-like loopholes implemented wherever possible (for wine apparently it's raising the ABV to more than 14%)