What's new

Tariffs

Inflation is only 2.4% this year and in January I got a 12% pay raise from my Company.
YOu realize that this topic is about tariffs, not inflation. But you are a good anti tax consertvative so tell me...if we put a tax on a product - who pays? Now....what is a tariff? This does a good job of defining a tariff


So if we have a country that currently has a 9% tariff, like it used to be on Brazil, and Trump wants to help his friend so he threatens Brazil with a 50% tariff - what will happen to the price of anything we get from Brazil? Or if we have something from Canada...under an agreement negotiated by Donald T Rump, there are tariff on certain goods, but none on others if they met the guidelines of that agreement. Trump is mad at Canada for not rolling over and has announced (another) blanket 35% tariff on goods from Canada. What will you pay for goods from Canada once Trump decides where he wants to be on tariffs? Remember - inflation will still be 2.54%, or maybe even less - but these are tariffs, not inflation. And you are banging the drum loudly for MAGA tariffs. So you will be looking at a price increase on goods from other countries....increases between 10% and up to 35%, 50% or even higher for some countries. Do you really think those countries are the ones paying the tariff? Initially...the importer will pay the tariff but then they will pass the bulk of those tariffs on to the consumer. And you are HAPPY about this.

And tjhe really sad part is this....when he finally decides and if he sees that consumers are upset and decides to pull them, we get to experience a funny little habit of business....if a tax DROPS, that is RARELY passed on to the consumer. So it will make prices rise for ....no reason.
 
YOu realize that this topic is about tariffs, not inflation. But you are a good anti tax consertvative so tell me...if we put a tax on a product - who pays? Now....what is a tariff? This does a good job of defining a tariff


So if we have a country that currently has a 9% tariff, like it used to be on Brazil, and Trump wants to help his friend so he threatens Brazil with a 50% tariff - what will happen to the price of anything we get from Brazil? Or if we have something from Canada...under an agreement negotiated by Donald T Rump, there are tariff on certain goods, but none on others if they met the guidelines of that agreement. Trump is mad at Canada for not rolling over and has announced (another) blanket 35% tariff on goods from Canada. What will you pay for goods from Canada once Trump decides where he wants to be on tariffs? Remember - inflation will still be 2.54%, or maybe even less - but these are tariffs, not inflation. And you are banging the drum loudly for MAGA tariffs. So you will be looking at a price increase on goods from other countries....increases between 10% and up to 35%, 50% or even higher for some countries. Do you really think those countries are the ones paying the tariff? Initially...the importer will pay the tariff but then they will pass the bulk of those tariffs on to the consumer. And you are HAPPY about this.

And tjhe really sad part is this....when he finally decides and if he sees that consumers are upset and decides to pull them, we get to experience a funny little habit of business....if a tax DROPS, that is RARELY passed on to the consumer. So it will make prices rise for ....no reason.

Tariffs are inflation for someone so of course common sense tells you that we are in the same topic.

Who pays depends. (YOU KNOW THIS) Supply and demand. If I have a choice of 5 manufacturers Washing Machines to buy, 2 come from heavily tariffed Countries, 1 from a lightly tariffed Country and 2 domestically manufactured with obviously no Tariffs that’s called competition.

So I may buy the cheapest Washing Machine which depends on who most wants to sell that machine. Or I won’t worry about cost and buy the one I think is the best made that will last me the longest.

Now if I want only to buy Italian made shoes over any other Nation but that Country has a steep tariff on them trying to get me to buy some other countries shoes I may not care how much the Italian shoes cost because I want Italian only. MY CHOICE.

Who pays Tariffs? Could be the manufacturer or the consumer or a mixture of both. Depends on how badly someone wants that product.

The rest of what you wrote is your typical junk mail. I don’t waste my time with junk mail. I just take it out of my box and throw it in the trash.

In other words I’ve read what you post for years before I ever even came up here to the Water Cooler and # 1 you don’t listen (read) the very intelligent responses refuting your comments. And # 2 you only really want (need) attention.

You didn’t read or respond to anything I wrote to you. Not a single thing. I’m better served just posting the X posts I like 👍
 
YOu realize that this topic is about tariffs, not inflation. But you are a good anti tax consertvative so tell me...if we put a tax on a product - who pays? Now....what is a tariff? This does a good job of defining a tariff


So if we have a country that currently has a 9% tariff, like it used to be on Brazil, and Trump wants to help his friend so he threatens Brazil with a 50% tariff - what will happen to the price of anything we get from Brazil? Or if we have something from Canada...under an agreement negotiated by Donald T Rump, there are tariff on certain goods, but none on others if they met the guidelines of that agreement. Trump is mad at Canada for not rolling over and has announced (another) blanket 35% tariff on goods from Canada. What will you pay for goods from Canada once Trump decides where he wants to be on tariffs? Remember - inflation will still be 2.54%, or maybe even less - but these are tariffs, not inflation. And you are banging the drum loudly for MAGA tariffs. So you will be looking at a price increase on goods from other countries....increases between 10% and up to 35%, 50% or even higher for some countries. Do you really think those countries are the ones paying the tariff? Initially...the importer will pay the tariff but then they will pass the bulk of those tariffs on to the consumer. And you are HAPPY about this.

And tjhe really sad part is this....when he finally decides and if he sees that consumers are upset and decides to pull them, we get to experience a funny little habit of business....if a tax DROPS, that is RARELY passed on to the consumer. So it will make prices rise for ....no reason.
A tariff is a fee charged to a foreign producer of goods to protect domestic production and they WORK. Yes they pass the cost on to the consumer, that is literally the whole point, so domestic products can compete with foreign products on the shelf. I don't understand why you keep repeating "they pass the cost on to YOU" over and over like a broken record. You think you somehow have the cheat code and nobody else knows that? Do you think you are contributing new information to the discussion? No... in fact you are making yourself sound stupid for constantly repeating the obvious.

Tariffs are nothing new. Persia (modern day Iran) had tariffs. Rome had tariffs. The Russian empire had tariffs. The British empire had tariffs. The Mongol empire had tariffs. Ancient Greece had tariffs.

Yes. I am HAPPY for tariffs because I reject globalism and think we should get back to producing our own goods.

I am not happy to pay for foreign produced goods, often in third world countries using abusive labor practices, with a 100%+ markup so American companies can post multibillion dollar profits while they shed their domestic workforce.

I thought you were all about UNIONs and workers' rights. So why the literal f*ck are you supporting the degradation of the American economy and labor market to save a few dollars on cheaply made Chinese crap?

You come off as very hypocritical.

Make it make sense.
 
A tariff is a fee charged to a foreign producer of goods to protect domestic production and they WORK. Yes they pass the cost on to the consumer, that is literally the whole point, so domestic products can compete with foreign products on the shelf. I don't understand why you keep repeating "they pass the cost on to YOU" over and over like a broken record. You think you somehow have the cheat code and nobody else knows that? Do you think you are contributing new information to the discussion? No... in fact you are making yourself sound stupid for constantly repeating the obvious.

Tariffs are nothing new. Persia (modern day Iran) had tariffs. Rome had tariffs. The Russian empire had tariffs. The British empire had tariffs. The Mongol empire had tariffs. Ancient Greece had tariffs.

Yes. I am HAPPY for tariffs because I reject globalism and think we should get back to producing our own goods.

I am not happy to pay for foreign produced goods, often in third world countries using abusive labor practices, with a 100%+ markup so American companies can post multibillion dollar profits while they shed their domestic workforce.

I thought you were all about UNIONs and workers' rights. So why the literal f*ck are you supporting the degradation of the American economy and labor market to save a few dollars on cheaply made Chinese crap?

You come off as very hypocritical.

Make it make sense.

To add to your 👏 intelligent response. The World 🌎 is being drowned to death with all this garbage. Trump understands this and he’s cracking down on it flooding in to our Country any more. Thank God.

This is what people like KC are arguing for. They don’t give a damn as long as they can get super cheap crap.

“Temu and Shein can manufacture and distribute products "super-cheaply," she says, and they have no brick-and-mortar stores to support, while also relying on low-wage manufacturing locations. In addition, the companies "have been known for implementing aggressive cost-cutting measures throughout the supply chain," Streeter added.

The Asian manufacturing methods have raised serious concerns about materials sustainability, the environmental impact of production, and human rights violations in the labor force that may be required to sustain the low price tags. But the bottom line, according to Streeter, is that "the playing field is not level, despite the tariff changes."

"Although a growing number of consumers are increasingly concerned about sustainability and human rights, and may resist the lure of the fast fashion giants, households on tight budgets are likely to be tempted by price, rather than reputation," she said”

 
A tariff is a fee charged to a foreign producer of goods to protect domestic production and they WORK. Yes they pass the cost on to the consumer, that is literally the whole point, so domestic products can compete with foreign products on the shelf. I
You do realize that Trump plans to implement HIGHER tariffs on EVERY COUNTRY IN THE WORLD. But the rates will not be high enough to make it economically attractive for a company to move production to the US. Hell...even the Trump phone isnt' made here. So we will pay more, few manufacturing jobs will be created, but I'll know that you and wesase are happy about that.
 
You do realize that Trump plans to implement HIGHER tariffs on EVERY COUNTRY IN THE WORLD. But the rates will not be high enough to make it economically attractive for a company to move production to the US. Hell...even the Trump phone isnt' made here. So we will pay more, few manufacturing jobs will be created, but I'll know that you and wesase are happy about that.

Wow 😮 you are severely and hopelessly obtuse.

FACTS……..

 
Meeting just yesterday with the CEO of the richest Company on Earth 🌍 with a 4 Trillion Market Cap.

Nvidia CEO Jensen Huang met with President Donald Trump at the White House on Thursday, CNBC's Megan Cassella reported.

The meeting comes as Nvidia rose slightly on Thursday, becoming the first company to close a trading day with a market cap over $4 trillion, beating Apple and Microsoft to the symbolic milestone. Nvidia touched the mark briefly on Wednesday during trading”


 

Latest posts

Back
Top