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That's not why we have subsidies. Subsides keep our food prices down as well. As far as trade goes, then we are on a level playing field since other countries do the same thing. Imagine what would happen if farmers quit farming because they took such a loss in areas where droughts or heavy rains hit the farms. It happens somewhere in the country nearly every year.
However the reason they can make products cheaper is by cheating the system which is what Trump is trying to square away. The government of China subsidies their products as well as manipulate their currency. Americans will always buy the cheapest product, but by allowing China and other places to make the cheapest product by cheating, then it's really no good for American job creation and our economy.
Here I thought they were making products cheaper because they paid their people 1 dollar an hour.
Do you complain about the subsides we give our Ag industry to make them more competitive with the rest of the world?
However the reason they can make products cheaper is by cheating the system which is what Trump is trying to square away. The government of China subsidies their products as well as manipulate their currency. Americans will always buy the cheapest product, but by allowing China and other places to make the cheapest product by cheating, then it's really no good for American job creation and our economy.
Here I thought they were making products cheaper because they paid their people 1 dollar an hour.
Do you complain about the subsides we give our Ag industry to make them more competitive with the rest of the world?
They also do not follow any environmental protocols, work safety practices, zoning laws, workers comp laws, health insurance laws and about a dozen other parasitic charges that businesses here must satisfy before they even open their doors. So what are you bitching about? Tariffs do more for the environment than all of the renewable bullshit efforts combined. They directly lower the emissions of Chinese manufacturing sites. Still don't like Tariffs? Then call Chucky Schumer's office and find out why he actually backs Trump on this initiative.
JO
That's not why we have subsidies. Subsides keep our food prices down as well. As far as trade goes, then we are on a level playing field since other countries do the same thing. Imagine what would happen if farmers quit farming because they took such a loss in areas where droughts or heavy rains hit the farms. It happens somewhere in the country nearly every year.
I understand why we have subsides, it is the industry I work in. But the subsides also serve to make our Ag products far more competitive on the global market. It is interesting based upon your other views of the role of the government that you approve of this.
That's not why we have subsidies. Subsides keep our food prices down as well. As far as trade goes, then we are on a level playing field since other countries do the same thing. Imagine what would happen if farmers quit farming because they took such a loss in areas where droughts or heavy rains hit the farms. It happens somewhere in the country nearly every year.
I understand why we have subsides, it is the industry I work in. But the subsides also serve to make our Ag products far more competitive on the global market. It is interesting based upon your other views of the role of the government that you approve of this.
It's the only possible way for it to work, that's why.
However the reason they can make products cheaper is by cheating the system which is what Trump is trying to square away. The government of China subsidies their products as well as manipulate their currency. Americans will always buy the cheapest product, but by allowing China and other places to make the cheapest product by cheating, then it's really no good for American job creation and our economy.
Here I thought they were making products cheaper because they paid their people 1 dollar an hour.
Do you complain about the subsides we give our Ag industry to make them more competitive with the rest of the world?
They also do not follow any environmental protocols, work safety practices, zoning laws, workers comp laws, health insurance laws and about a dozen other parasitic charges that businesses here must satisfy before they even open their doors. So what are you bitching about? Tariffs do more for the environment than all of the renewable bullshit efforts combined. They directly lower the emissions of Chinese manufacturing sites. Still don't like Tariffs? Then call Chucky Schumer's office and find out why he actually backs Trump on this initiative.
JO
The Dems like tariffs because they are liberal idea, why would they not. They are just another tax and Dems love all taxes.
So, do you have something to back up the idea that tariffs directly lower the emissions of Chinese manufacturing sites. Seems unlikely.
January 7, 2020 The Mercury NewsConfirmed: American businesses and consumers are paying 'approximately 100%' of Trump tariff costs
But everyone knew this was going to be the case. A huge tax increase.
U.S. consumers, not China, bearing brunt of trade War
Economists say levies have resulted in increased prices for some
- By Jeanna Smlalek and Ana Swanson. The New York Times
WASHINGTON » American businesses and consumers, not China, are bearing the financial brunt of President Donald Trump’s trade war, new data shows, undermining the president’s assertion that the United States is “taxing the hell out of China.” “U.S. tariffs continue to be entirely borne by U.S. firms and consumers,” Mary Amiti, an economist at the Federal Reserve Bank of New York, wrote in a National Bureau of Economic Research working paper. The other authors of the paper were David E. Weinstein of Columbia University and Stephen J. Redding of Princeton University. Examining the fallout of tariffs in data through October, the authors found that Americans had continued paying for the levies which increased substantially over the course of the year. Their paper, which is an update on previous research, found that “approximately 100 percent” of import taxes fell on American buyers. The findings are the latest evidence that voters and American businesses are paying the cost of Trump’s penchant for using tariffs to try to rewrite the terms of trade in favor of the United States. Manufacturing is slumping, a fact economists attribute at least partly to uncertainty stemming from the trade spats, and business investment has suffered as corporate executives wait to see how or if the tensions will end. The United States and China have reached a trade truce and are expected to sign an initial deal this month, but tariffs on $360 billion worth of Chinese goods will remain in place. The levies, which are as high as 25%, have forced some multinational businesses to move operations out of China, sending operations to countries like Vietnam and Mexico. Trump and his supporters say that the United States had no choice but to resort to tough tactics to try to force China to abandon unfair economic behaviors, like infringing on U.S. intellectual property and providing state subsidies to Chinese firms. And Trump has continued to incorrectly assert that China not American companies and consumers is paying the cost of the tariffs. Tariffs may have worked as a negotiating chip to get China to the table, but re- cent academic research shows that leverage has come at a Steep price for some American businesses and consumers. The authors of the latest study used customs data to trace the fallout, examining import values before and after the tariffs. The research showed that the tariffs had little impact on China. Were just not seeing foreigners bearing the cost, which to me is very surprising,” Weinstein said in an interview. They also find a delayed effect from the tariffs, with the decline in some imports roughly doubling on average in the second year of the levies. That is because “it takes some time for firms to reorganize their supply chains so that they can avoid the tariffs,” the authors write. Reaction to the tariffs has varied across business sectors, however. In the steel industry, for example, companies that export to the United States have dropped their prices suggesting that other countries are in fact paying “close to half” of the cost of tariffs, according to the paper. Because China is only the 10th-largest steel supplier to the United States, though, exporters in the European Union, Japan and South Korea are likely bearing much of that cost. And as foreign prices drop, domestic steel production has barely budged, which bodes poorly for hiring in the U.S. steel industry, the authors note. In previous research, the authors found that by December 2018, import tariffs were costing American consumers and importing businesses $3.2 billion per month in added taxes and another $1.4 billion per month in
efficiency losses. They did not update those numbers in the latest study. Amiti’s colleagues at the New York Fed have traced the costs of tariffs in other research. Their study similarly found that import prices on goods coming from China had remained largely unchanged as tariffs rolled out and argued that already narrowed profit margins, ones that leave no room for cutting and a dearth of competitors could be among the factors insulating Chinese exporters.
They'reWhat the fuck are you leaking from the chamberpot called your head? There's always an option. Show me one major category of saleable goods where the only choice is a tariffed item.
Jo
Exactly. At one time that may have been true. Today with the internet, you can shop anywhere you desire. And if you are in a store and see an item you might buy, you can scan the barcode with your smart phone and it will bring up the same item, or comparable items listed from the cheapest price to the most expensive.
May I interject Ray!
They insist Trump is a dolt, and maybe he is just lucky and it was an accident, but here is the truth----------->the media is telling a story, not THE story!
According to Trump and statistics; statistics that the MSM has yet to refute as Pinnochios, the average American family after adding tax cuts, lower regulations, etc, etc, seen a net gain of 10 grand per year. Bush 2 over 8 years, around 500 bucks, Obama after 8 years around 1 grand. Now, maybe Trump really is a dolt and didn't calculate it, but with that kind of influx of cash, do you think if Americans have to pay slightly more because of tariffs, they could absorb it?
What better time if YOU were the President, to confront trading cheaters with tariffs, if your population just got a large influx of cash; and do it BEFORE they used it to finance something, lol. Not to mention------------->it also forces corporations to return so as NOT to pay the tariffs, and it gives leverage that America can hold out easily, as it people are rolling in extra cash to absorb the price hikes. What it did was put manufacturers over seas behind the eight ball. The reason they left for more profits went up in smoke, and their competitive edge disappeared.
And then of course...……...you have the multi trillion dollar question that Leftists do not want to talk about-------------->what happens when these other country's that have been forced to the table have to sign a better deal and the tariffs disappear and prices drop for everyone! Sounds to most thinking people who know anything about economics, that another cash infusion would increase the ECONOMIC BOOM!
Maybe that is why Fancy Nancy and friends were sooooooo reluctant to sign the USMCA. How does that grab you!
Most economists predict that if/when the USMCA along with a trade deal with China goes through, it will give our economy a jolt of 1 to 2 points, UP within 12 months! So lets calculate here----------->if we are growing at 2 1/2% to 3%, and add 1 to 2 more points, that puts us in the 31/2 to 5% range. Not bad for a dolt, even if it was an accident as they insist, although they won't even acknowledge the path this whole tariff thing is on, nor how brilliantly or luckily it was navigated!
If these tariffs were so damaging like they claim, we would not have set a record for holiday spending last year; not just internet shopping, but all shopping. Americans on average will always look for the lowest price. But few will notice if they pay $12.00 for a heating pad whereas before, it was $11.50. The only thing the consumer is concerned about is getting the lowest priced product no matter what the price is.
I have always said I'm no fan of tariffs, and no fan of trade wars. It produces negative outcomes like higher prices. But so does increasing corporate taxes, forced healthcare insurance, huge minimum wage increases, higher energy costs, more business regulations.
While a trade war may increase prices, it's not all negative. If an American made product is cheaper than a foreign made one with tariffs on it, we gain in new job creation. So it's really not a negative than it is a tradeoff. However higher minimum wages, taxes, energy costs are not a tradeoff. They are all negative in the long run.
The economy is booming and Trump used some of the money from the tariffs as subsidies to those hurt by the tariffs.
Little or no real harm to the US economy, despite all the TDS afflicted lies about gloom and doom.
Just another TDS rant by the Moon Bats that can't stand the fact that Trump is undoing the damage caused by that incompetent Obama.
I wonder if these stupid uneducated low information Moon Bats even know that up until the Democrats decided to fund WWI with a telephone tax and an income tax that tariffs were the main source of income for the Federal government?
Actually, unfair tariff collection was the root cause of the Civil War. But then again the Moon Bats know nothing about History, like other subjects.
And if a Democrat would get in as President, they would undo what Trump is doing that's responsible for our success, and then blame Trump for the downfall just like they blamed Bush for everything negative during the entire first term of the DumBama administration.
I really thought the Chinese were smarter than they are; that they understood American politics. What China should have done is just give into Trump's demands. Then when Trump is gone and a Democrat President takes over, they could just say "BOO!" and the trade deficit would be back to pre-Trump days.
That's not why we have subsidies. Subsides keep our food prices down as well. As far as trade goes, then we are on a level playing field since other countries do the same thing. Imagine what would happen if farmers quit farming because they took such a loss in areas where droughts or heavy rains hit the farms. It happens somewhere in the country nearly every year.
I understand why we have subsides, it is the industry I work in. But the subsides also serve to make our Ag products far more competitive on the global market. It is interesting based upon your other views of the role of the government that you approve of this.
It's the only possible way for it to work, that's why.
So, you are saying it is impossible for farmers and ranchers to survive without the government propping them up?
If true why is it not reflected in higher prices? You know, inflation?Confirmed: American businesses and consumers are paying 'approximately 100%' of Trump tariff costs
But everyone knew this was going to be the case. A huge tax increase.
However the reason they can make products cheaper is by cheating the system which is what Trump is trying to square away. The government of China subsidies their products as well as manipulate their currency. Americans will always buy the cheapest product, but by allowing China and other places to make the cheapest product by cheating, then it's really no good for American job creation and our economy.
Here I thought they were making products cheaper because they paid their people 1 dollar an hour.
Do you complain about the subsides we give our Ag industry to make them more competitive with the rest of the world?
They also do not follow any environmental protocols, work safety practices, zoning laws, workers comp laws, health insurance laws and about a dozen other parasitic charges that businesses here must satisfy before they even open their doors. So what are you bitching about? Tariffs do more for the environment than all of the renewable bullshit efforts combined. They directly lower the emissions of Chinese manufacturing sites. Still don't like Tariffs? Then call Chucky Schumer's office and find out why he actually backs Trump on this initiative.
JO
The Dems like tariffs because they are liberal idea, why would they not. They are just another tax and Dems love all taxes.
So, do you have something to back up the idea that tariffs directly lower the emissions of Chinese manufacturing sites. Seems unlikely.
Right now there is a catastrophic fall off in the chinese manufacturing sector.
China's slowdown deepens; industrial output growth falls to 17-1/2 year low
First off, if Hillary was President, she'd never have the guts to do anything like Trump is doing today. It's a risk most professional politicians would not take because it is a gamble. That's how we ended up with such a trade imbalance in the first place.
.
We ended up with such a trade imbalance because we the citizens of the United States freely choose to buy things from other countries. As the economy improved and we had more money the trade imbalance increased because we were buying more things.
However the reason they can make products cheaper is by cheating the system which is what Trump is trying to square away. The government of China subsidies their products as well as manipulate their currency. Americans will always buy the cheapest product, but by allowing China and other places to make the cheapest product by cheating, then it's really no good for American job creation and our economy.
If true why is it not reflected in higher prices? You know, inflation?Confirmed: American businesses and consumers are paying 'approximately 100%' of Trump tariff costs
But everyone knew this was going to be the case. A huge tax increase.
Perhaps you just have a bitter ax to grind.
View attachment 299671
If true why is it not reflected in higher prices? You know, inflation?Confirmed: American businesses and consumers are paying 'approximately 100%' of Trump tariff costs
But everyone knew this was going to be the case. A huge tax increase.
Perhaps you just have a bitter ax to grind.
View attachment 299671
January 7, 2020 The Mercury News
U.S. consumers, not China, bearing brunt of trade War
Economists say levies have resulted in increased prices for some
- By Jeanna Smlalek and Ana Swanson. The New York Times
WASHINGTON » American businesses and consumers, not China, are bearing the financial brunt of President Donald Trump’s trade war, new data shows, undermining the president’s assertion that the United States is “taxing the hell out of China.” “U.S. tariffs continue to be entirely borne by U.S. firms and consumers,” Mary Amiti, an economist at the Federal Reserve Bank of New York, wrote in a National Bureau of Economic Research working paper. The other authors of the paper were David E. Weinstein of Columbia University and Stephen J. Redding of Princeton University. Examining the fallout of tariffs in data through October, the authors found that Americans had continued paying for the levies which increased substantially over the course of the year. Their paper, which is an update on previous research, found that “approximately 100 percent” of import taxes fell on American buyers. The findings are the latest evidence that voters and American businesses are paying the cost of Trump’s penchant for using tariffs to try to rewrite the terms of trade in favor of the United States. Manufacturing is slumping, a fact economists attribute at least partly to uncertainty stemming from the trade spats, and business investment has suffered as corporate executives wait to see how or if the tensions will end. The United States and China have reached a trade truce and are expected to sign an initial deal this month, but tariffs on $360 billion worth of Chinese goods will remain in place. The levies, which are as high as 25%, have forced some multinational businesses to move operations out of China, sending operations to countries like Vietnam and Mexico. Trump and his supporters say that the United States had no choice but to resort to tough tactics to try to force China to abandon unfair economic behaviors, like infringing on U.S. intellectual property and providing state subsidies to Chinese firms. And Trump has continued to incorrectly assert that China not American companies and consumers is paying the cost of the tariffs. Tariffs may have worked as a negotiating chip to get China to the table, but re- cent academic research shows that leverage has come at a Steep price for some American businesses and consumers. The authors of the latest study used customs data to trace the fallout, examining import values before and after the tariffs. The research showed that the tariffs had little impact on China. Were just not seeing foreigners bearing the cost, which to me is very surprising,” Weinstein said in an interview. They also find a delayed effect from the tariffs, with the decline in some imports roughly doubling on average in the second year of the levies. That is because “it takes some time for firms to reorganize their supply chains so that they can avoid the tariffs,” the authors write. Reaction to the tariffs has varied across business sectors, however. In the steel industry, for example, companies that export to the United States have dropped their prices suggesting that other countries are in fact paying “close to half” of the cost of tariffs, according to the paper. Because China is only the 10th-largest steel supplier to the United States, though, exporters in the European Union, Japan and South Korea are likely bearing much of that cost. And as foreign prices drop, domestic steel production has barely budged, which bodes poorly for hiring in the U.S. steel industry, the authors note. In previous research, the authors found that by December 2018, import tariffs were costing American consumers and importing businesses $3.2 billion per month in added taxes and another $1.4 billion per month in
efficiency losses. They did not update those numbers in the latest study. Amiti’s colleagues at the New York Fed have traced the costs of tariffs in other research. Their study similarly found that import prices on goods coming from China had remained largely unchanged as tariffs rolled out and argued that already narrowed profit margins, ones that leave no room for cutting and a dearth of competitors could be among the factors insulating Chinese exporters.
Exactly. At one time that may have been true. Today with the internet, you can shop anywhere you desire. And if you are in a store and see an item you might buy, you can scan the barcode with your smart phone and it will bring up the same item, or comparable items listed from the cheapest price to the most expensive.
May I interject Ray!
They insist Trump is a dolt, and maybe he is just lucky and it was an accident, but here is the truth----------->the media is telling a story, not THE story!
According to Trump and statistics; statistics that the MSM has yet to refute as Pinnochios, the average American family after adding tax cuts, lower regulations, etc, etc, seen a net gain of 10 grand per year. Bush 2 over 8 years, around 500 bucks, Obama after 8 years around 1 grand. Now, maybe Trump really is a dolt and didn't calculate it, but with that kind of influx of cash, do you think if Americans have to pay slightly more because of tariffs, they could absorb it?
What better time if YOU were the President, to confront trading cheaters with tariffs, if your population just got a large influx of cash; and do it BEFORE they used it to finance something, lol. Not to mention------------->it also forces corporations to return so as NOT to pay the tariffs, and it gives leverage that America can hold out easily, as it people are rolling in extra cash to absorb the price hikes. What it did was put manufacturers over seas behind the eight ball. The reason they left for more profits went up in smoke, and their competitive edge disappeared.
And then of course...……...you have the multi trillion dollar question that Leftists do not want to talk about-------------->what happens when these other country's that have been forced to the table have to sign a better deal and the tariffs disappear and prices drop for everyone! Sounds to most thinking people who know anything about economics, that another cash infusion would increase the ECONOMIC BOOM!
Maybe that is why Fancy Nancy and friends were sooooooo reluctant to sign the USMCA. How does that grab you!
Most economists predict that if/when the USMCA along with a trade deal with China goes through, it will give our economy a jolt of 1 to 2 points, UP within 12 months! So lets calculate here----------->if we are growing at 2 1/2% to 3%, and add 1 to 2 more points, that puts us in the 31/2 to 5% range. Not bad for a dolt, even if it was an accident as they insist, although they won't even acknowledge the path this whole tariff thing is on, nor how brilliantly or luckily it was navigated!
If these tariffs were so damaging like they claim, we would not have set a record for holiday spending last year; not just internet shopping, but all shopping. Americans on average will always look for the lowest price. But few will notice if they pay $12.00 for a heating pad whereas before, it was $11.50. The only thing the consumer is concerned about is getting the lowest priced product no matter what the price is.
I have always said I'm no fan of tariffs, and no fan of trade wars. It produces negative outcomes like higher prices. But so does increasing corporate taxes, forced healthcare insurance, huge minimum wage increases, higher energy costs, more business regulations.
While a trade war may increase prices, it's not all negative. If an American made product is cheaper than a foreign made one with tariffs on it, we gain in new job creation. So it's really not a negative than it is a tradeoff. However higher minimum wages, taxes, energy costs are not a tradeoff. They are all negative in the long run.
The economy is booming and Trump used some of the money from the tariffs as subsidies to those hurt by the tariffs.
Little or no real harm to the US economy, despite all the TDS afflicted lies about gloom and doom.
Just another TDS rant by the Moon Bats that can't stand the fact that Trump is undoing the damage caused by that incompetent Obama.
I wonder if these stupid uneducated low information Moon Bats even know that up until the Democrats decided to fund WWI with a telephone tax and an income tax that tariffs were the main source of income for the Federal government?
Actually, unfair tariff collection was the root cause of the Civil War. But then again the Moon Bats know nothing about History, like other subjects.
And if a Democrat would get in as President, they would undo what Trump is doing that's responsible for our success, and then blame Trump for the downfall just like they blamed Bush for everything negative during the entire first term of the DumBama administration.
I really thought the Chinese were smarter than they are; that they understood American politics. What China should have done is just give into Trump's demands. Then when Trump is gone and a Democrat President takes over, they could just say "BOO!" and the trade deficit would be back to pre-Trump days.
The reason we don't have a rock solid trade agreement with China now is because they are waiting out the election in the hope that Trump won't win. They know (like you said) that if the Democrats win they will go back to giving away the store again.
When Trump wins we will get all kinds of concessions that we have never got before because they know he means business.
When the Democrats win America loses. America needs to stop electing those assholes.
On Mar 1, 2018 - the day tariffs were announced - oil/bbl was $61.25. On Dec 31, 2019 the price/bbl was $61.06. As always your hatred of this POTUS greatly exceeds your knowledge.If true why is it not reflected in higher prices? You know, inflation?Confirmed: American businesses and consumers are paying 'approximately 100%' of Trump tariff costs
But everyone knew this was going to be the case. A huge tax increase.
Perhaps you just have a bitter ax to grind.
View attachment 299671
lower energy cost offsetting other cost increases.
May I interject Ray!
They insist Trump is a dolt, and maybe he is just lucky and it was an accident, but here is the truth----------->the media is telling a story, not THE story!
According to Trump and statistics; statistics that the MSM has yet to refute as Pinnochios, the average American family after adding tax cuts, lower regulations, etc, etc, seen a net gain of 10 grand per year. Bush 2 over 8 years, around 500 bucks, Obama after 8 years around 1 grand. Now, maybe Trump really is a dolt and didn't calculate it, but with that kind of influx of cash, do you think if Americans have to pay slightly more because of tariffs, they could absorb it?
What better time if YOU were the President, to confront trading cheaters with tariffs, if your population just got a large influx of cash; and do it BEFORE they used it to finance something, lol. Not to mention------------->it also forces corporations to return so as NOT to pay the tariffs, and it gives leverage that America can hold out easily, as it people are rolling in extra cash to absorb the price hikes. What it did was put manufacturers over seas behind the eight ball. The reason they left for more profits went up in smoke, and their competitive edge disappeared.
And then of course...……...you have the multi trillion dollar question that Leftists do not want to talk about-------------->what happens when these other country's that have been forced to the table have to sign a better deal and the tariffs disappear and prices drop for everyone! Sounds to most thinking people who know anything about economics, that another cash infusion would increase the ECONOMIC BOOM!
Maybe that is why Fancy Nancy and friends were sooooooo reluctant to sign the USMCA. How does that grab you!
Most economists predict that if/when the USMCA along with a trade deal with China goes through, it will give our economy a jolt of 1 to 2 points, UP within 12 months! So lets calculate here----------->if we are growing at 2 1/2% to 3%, and add 1 to 2 more points, that puts us in the 31/2 to 5% range. Not bad for a dolt, even if it was an accident as they insist, although they won't even acknowledge the path this whole tariff thing is on, nor how brilliantly or luckily it was navigated!
If these tariffs were so damaging like they claim, we would not have set a record for holiday spending last year; not just internet shopping, but all shopping. Americans on average will always look for the lowest price. But few will notice if they pay $12.00 for a heating pad whereas before, it was $11.50. The only thing the consumer is concerned about is getting the lowest priced product no matter what the price is.
I have always said I'm no fan of tariffs, and no fan of trade wars. It produces negative outcomes like higher prices. But so does increasing corporate taxes, forced healthcare insurance, huge minimum wage increases, higher energy costs, more business regulations.
While a trade war may increase prices, it's not all negative. If an American made product is cheaper than a foreign made one with tariffs on it, we gain in new job creation. So it's really not a negative than it is a tradeoff. However higher minimum wages, taxes, energy costs are not a tradeoff. They are all negative in the long run.
The economy is booming and Trump used some of the money from the tariffs as subsidies to those hurt by the tariffs.
Little or no real harm to the US economy, despite all the TDS afflicted lies about gloom and doom.
Just another TDS rant by the Moon Bats that can't stand the fact that Trump is undoing the damage caused by that incompetent Obama.
I wonder if these stupid uneducated low information Moon Bats even know that up until the Democrats decided to fund WWI with a telephone tax and an income tax that tariffs were the main source of income for the Federal government?
Actually, unfair tariff collection was the root cause of the Civil War. But then again the Moon Bats know nothing about History, like other subjects.
And if a Democrat would get in as President, they would undo what Trump is doing that's responsible for our success, and then blame Trump for the downfall just like they blamed Bush for everything negative during the entire first term of the DumBama administration.
I really thought the Chinese were smarter than they are; that they understood American politics. What China should have done is just give into Trump's demands. Then when Trump is gone and a Democrat President takes over, they could just say "BOO!" and the trade deficit would be back to pre-Trump days.
The reason we don't have a rock solid trade agreement with China now is because they are waiting out the election in the hope that Trump won't win. They know (like you said) that if the Democrats win they will go back to giving away the store again.
When Trump wins we will get all kinds of concessions that we have never got before because they know he means business.
When the Democrats win America loses. America needs to stop electing those assholes.
That research paper is a product of Chinese payola to the Fed system. It completely ignores the the slow down pressure being put on the chinese manufacturing sector by the Tariff arrangement. Additionally the Americans who are paying the Tariffs are not the street level consumers so who gives a shit? The middle man is eating the difference and many of them are secretly owned by Chinese shell companies. That article is a huge pile of politically savvy bullshit aimed at creating the false impression that prices are rising because of Tariffs. Sure the prices are rising...at the wholesale level but not at the retail outlets. I noticed the article also meticulously avoided the impact of Dollar adjustments made by the FED....oh I wonder if that's because it's the Fed that wrote the paper....hmmm. The FED is actually ecstatic about all the room being created in the economy by the rebirth of the American Manufacturing sector so they are torn between their globalist masters who want to pressure Trump and their innate instincts to work with the first President in decades who actually comprehends the economy.
JO
If true why is it not reflected in higher prices? You know, inflation?Confirmed: American businesses and consumers are paying 'approximately 100%' of Trump tariff costs
But everyone knew this was going to be the case. A huge tax increase.
Perhaps you just have a bitter ax to grind.
View attachment 299671
I didn't grind the axe. The experts in the article did.
If these tariffs were so damaging like they claim, we would not have set a record for holiday spending last year; not just internet shopping, but all shopping. Americans on average will always look for the lowest price. But few will notice if they pay $12.00 for a heating pad whereas before, it was $11.50. The only thing the consumer is concerned about is getting the lowest priced product no matter what the price is.
I have always said I'm no fan of tariffs, and no fan of trade wars. It produces negative outcomes like higher prices. But so does increasing corporate taxes, forced healthcare insurance, huge minimum wage increases, higher energy costs, more business regulations.
While a trade war may increase prices, it's not all negative. If an American made product is cheaper than a foreign made one with tariffs on it, we gain in new job creation. So it's really not a negative than it is a tradeoff. However higher minimum wages, taxes, energy costs are not a tradeoff. They are all negative in the long run.
The economy is booming and Trump used some of the money from the tariffs as subsidies to those hurt by the tariffs.
Little or no real harm to the US economy, despite all the TDS afflicted lies about gloom and doom.
Just another TDS rant by the Moon Bats that can't stand the fact that Trump is undoing the damage caused by that incompetent Obama.
I wonder if these stupid uneducated low information Moon Bats even know that up until the Democrats decided to fund WWI with a telephone tax and an income tax that tariffs were the main source of income for the Federal government?
Actually, unfair tariff collection was the root cause of the Civil War. But then again the Moon Bats know nothing about History, like other subjects.
And if a Democrat would get in as President, they would undo what Trump is doing that's responsible for our success, and then blame Trump for the downfall just like they blamed Bush for everything negative during the entire first term of the DumBama administration.
I really thought the Chinese were smarter than they are; that they understood American politics. What China should have done is just give into Trump's demands. Then when Trump is gone and a Democrat President takes over, they could just say "BOO!" and the trade deficit would be back to pre-Trump days.
The reason we don't have a rock solid trade agreement with China now is because they are waiting out the election in the hope that Trump won't win. They know (like you said) that if the Democrats win they will go back to giving away the store again.
When Trump wins we will get all kinds of concessions that we have never got before because they know he means business.
When the Democrats win America loses. America needs to stop electing those assholes.
That research paper is a product of Chinese payola to the Fed system. It completely ignores the the slow down pressure being put on the chinese manufacturing sector by the Tariff arrangement. Additionally the Americans who are paying the Tariffs are not the street level consumers so who gives a shit? The middle man is eating the difference and many of them are secretly owned by Chinese shell companies. That article is a huge pile of politically savvy bullshit aimed at creating the false impression that prices are rising because of Tariffs. Sure the prices are rising...at the wholesale level but not at the retail outlets. I noticed the article also meticulously avoided the impact of Dollar adjustments made by the FED....oh I wonder if that's because it's the Fed that wrote the paper....hmmm. The FED is actually ecstatic about all the room being created in the economy by the rebirth of the American Manufacturing sector so they are torn between their globalist masters who want to pressure Trump and their innate instincts to work with the first President in decades who actually comprehends the economy.
JO
Correct.
The thing that is never mentioned by the TDS afflicted Moon Bats is that the Chinese have chosen to absorb some of the cost of some of the tariffs in order to hold market share. In other words no burden on the American consumer.
If these tariffs were so damaging like they claim, we would not have set a record for holiday spending last year; not just internet shopping, but all shopping. Americans on average will always look for the lowest price. But few will notice if they pay $12.00 for a heating pad whereas before, it was $11.50. The only thing the consumer is concerned about is getting the lowest priced product no matter what the price is.
I have always said I'm no fan of tariffs, and no fan of trade wars. It produces negative outcomes like higher prices. But so does increasing corporate taxes, forced healthcare insurance, huge minimum wage increases, higher energy costs, more business regulations.
While a trade war may increase prices, it's not all negative. If an American made product is cheaper than a foreign made one with tariffs on it, we gain in new job creation. So it's really not a negative than it is a tradeoff. However higher minimum wages, taxes, energy costs are not a tradeoff. They are all negative in the long run.
The economy is booming and Trump used some of the money from the tariffs as subsidies to those hurt by the tariffs.
Little or no real harm to the US economy, despite all the TDS afflicted lies about gloom and doom.
Just another TDS rant by the Moon Bats that can't stand the fact that Trump is undoing the damage caused by that incompetent Obama.
I wonder if these stupid uneducated low information Moon Bats even know that up until the Democrats decided to fund WWI with a telephone tax and an income tax that tariffs were the main source of income for the Federal government?
Actually, unfair tariff collection was the root cause of the Civil War. But then again the Moon Bats know nothing about History, like other subjects.
And if a Democrat would get in as President, they would undo what Trump is doing that's responsible for our success, and then blame Trump for the downfall just like they blamed Bush for everything negative during the entire first term of the DumBama administration.
I really thought the Chinese were smarter than they are; that they understood American politics. What China should have done is just give into Trump's demands. Then when Trump is gone and a Democrat President takes over, they could just say "BOO!" and the trade deficit would be back to pre-Trump days.
The reason we don't have a rock solid trade agreement with China now is because they are waiting out the election in the hope that Trump won't win. They know (like you said) that if the Democrats win they will go back to giving away the store again.
When Trump wins we will get all kinds of concessions that we have never got before because they know he means business.
When the Democrats win America loses. America needs to stop electing those assholes.
That research paper is a product of Chinese payola to the Fed system. It completely ignores the the slow down pressure being put on the chinese manufacturing sector by the Tariff arrangement. Additionally the Americans who are paying the Tariffs are not the street level consumers so who gives a shit? The middle man is eating the difference and many of them are secretly owned by Chinese shell companies. That article is a huge pile of politically savvy bullshit aimed at creating the false impression that prices are rising because of Tariffs. Sure the prices are rising...at the wholesale level but not at the retail outlets. I noticed the article also meticulously avoided the impact of Dollar adjustments made by the FED....oh I wonder if that's because it's the Fed that wrote the paper....hmmm. The FED is actually ecstatic about all the room being created in the economy by the rebirth of the American Manufacturing sector so they are torn between their globalist masters who want to pressure Trump and their innate instincts to work with the first President in decades who actually comprehends the economy.
JO
Correct.
The thing that is never mentioned by the TDS afflicted Moon Bats is that the Chinese have chosen to absorb some of the cost of some of the tariffs in order to hold market share. In other words no burden on the American consumer.
