Well consider that added to my lexicon! I have a few people that come to mind hahaha

Hey neighbor, Minnesotan here but new to the term FIB, mind sharing?

That’s a bit of a gross oversimplification. Overseas or foreign product? Sure tariffs apply 100%.

But what if the modified corn gloop is processed with a machine from Germany? And quality inspected with a sampling device from Canada? And the cameras used to inspect the packaging come from Japan? And the computers to power the logistics operations come from Taiwan, Korea and China?

Sure the corn gloop isnt taxed via tariff, but every single part of its manufacturing just got 20-120% more expensive (and supply chains got that much less predictable). Most businesses would go under if they tried to eat that cost.

The answer? Sweeping tariffs mean sweeping price increases. The list of which prices won’t go up will be infinitely smaller.