Es-Im Bank

It is intuitively obvious to even the most casual observer.
-- Donald Hughes McElhone, Ph.D.[statistics, Iowa State]/1975

So, what's obvious, this time? The title refers to the Export-Import Bank which is intended to facilitate trade. It could be, but not yet clear, that shitler and muskrat^©dugugotw intend to use it as yet another weapon of retribution. We'll see.

Of more direct interest is the obvious question with regard to Batshit J. Moron's trade retribution: do domestic companies raise prices on their product when a tariff is imposed on foreign (equivalent) product? It sounds like an obvious answer should be: shit yes!! Why give away free money?

So, lets go see if anyone in the pundit class has gone through the data. It's an age old question, so there ought be an answer by now.

American households will bear most of the burden of higher tariffs. This will mostly come through higher prices for imported goods and, crucially, higher prices for domestic goods that compete with imports.

There you have it. It is obvious.