Confirmed. Consumer and US businesses paying nearly all tariff costs.

[Harpy Eagle]

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.

If true why is it not reflected in higher prices? You know, inflation?

Perhaps you just have a bitter ax to grind.

View attachment 299671

lower energy cost offsetting other cost increases.

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.

The first tariffs were announced on 22 Jan 2018, not in May.

There is more to energy than just oil, are you really that stupid?

 

[pknopp]

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.

If true why is it not reflected in higher prices? You know, inflation?

Perhaps you just have a bitter ax to grind.

View attachment 299671

lower energy cost offsetting other cost increases.

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.

December 2018 it was $53.98. inflation would not be out yet on Dec 2019 numbers.

 

[pknopp]

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.

If true why is it not reflected in higher prices? You know, inflation?

Perhaps you just have a bitter ax to grind.

View attachment 299671

I didn't grind the axe. The experts in the article did.

Correction...the bought and paid for experts in the article did...
That article is a complete pile of bullshit that carefully avoids a few pertinent facts.
Wholesale prices are rising but not being transmitted to the retail level. They carefully avoided mentioning that.
The middle man is taking up the slack...and well they should be. Trump's tariff efforts might as well be called
The Robin Hood factor...the money going into the Federal Government as a result of the Tariff effort is being redistributed by the Government to those who are hurt by the Tariffs. Many of the middle man bulk goods conveyors are complex multinationals that are largely or even wholly owned by China through a series of shell layers. So of course they are going to scream unfair at being exposed.

JO

Wal Mart says prices are rising. Ask anyone that grocery shops whether prices are rising or not. Ask anyone paying rent if prices are rising or not.

 

[justoffal]

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.

If true why is it not reflected in higher prices? You know, inflation?

Perhaps you just have a bitter ax to grind.

View attachment 299671

I didn't grind the axe. The experts in the article did.

Correction...the bought and paid for experts in the article did...
That article is a complete pile of bullshit that carefully avoids a few pertinent facts.
Wholesale prices are rising but not being transmitted to the retail level. They carefully avoided mentioning that.
The middle man is taking up the slack...and well they should be. Trump's tariff efforts might as well be called
The Robin Hood factor...the money going into the Federal Government as a result of the Tariff effort is being redistributed by the Government to those who are hurt by the Tariffs. Many of the middle man bulk goods conveyors are complex multinationals that are largely or even wholly owned by China through a series of shell layers. So of course they are going to scream unfair at being exposed.

JO

Walmart says prices are rising. Ask anyone that grocery shops whether prices are rising or not. Ask anyone paying rent if prices are rising or not.

Walmart can talk all day long....it's the actions that matter. The prices there haven't budged one bit except for local produce which has always been a problem for them. Rent burdens are a direct measure of local real estate. There is a housing shortage right now created purposely by the real estate cabals to drive up purchase prices and rent prices....not sure how much help Trump will be in that area....remember he comes from real estate. I don't know where you shop but where I shop I have been having a party with ultra low prices across the board an just about everything. When something is too expensive I simply leave it where it is. Beef for instance tends to be very expensive....recently however the local retailers have had one special after another with $2.99 pricing. Walmart has had 2 Liter Coke for $1.25 for months now...cheapest I've seen it in a decade. Of course it's not a tariffed good. Coke btw employs hundreds of thousands of Americans at fairly high paying jobs.

JO

 

[SAYIT]

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.

If true why is it not reflected in higher prices? You know, inflation?

Perhaps you just have a bitter ax to grind.

View attachment 299671

lower energy cost offsetting other cost increases.

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.

The first tariffs were announced on 22 Jan 2018, not in May.

There is more to energy than just oil, are you really that stupid?

View attachment 299673

The NY Fed determined why the trade war with China - one that even Senate Minority Leader Chuck Schumer supports - has had little effect on prices in the US.

China is hurting and that was the point:

U.S. tariffs on China have oddly little effect on import prices. What’s going on?
...Whatever the case, there’s no doubt that demand for Chinese goods has abated. In fact, the U.S. has raised just two-thirds of the revenue through tariffs that should have been expected largely because of a decline in Chinese imports.

The Fed said imports of Chinese products affected by U.S. tariffs have fallen by an annualized $75 billion. That’s a huge chunk of business that’s gone to Europe, Japan and other Asian countries.

These are the kinds of losses that have pushed China to resume negotiations with the U.S.

 

[justoffal]

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.

If true why is it not reflected in higher prices? You know, inflation?

Perhaps you just have a bitter ax to grind.

View attachment 299671

lower energy cost offsetting other cost increases.

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.

December 2018 it was $53.98. inflation would not be out yet on Dec 2019 numbers.

You cannot measure general price increases/decreases using the cost of oil....it is not related at all to the other indexes....

 

[pknopp]

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.

If true why is it not reflected in higher prices? You know, inflation?

Perhaps you just have a bitter ax to grind.

View attachment 299671

lower energy cost offsetting other cost increases.

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.

The first tariffs were announced on 22 Jan 2018, not in May.

There is more to energy than just oil, are you really that stupid?

View attachment 299673

The NY Fed determined why the trade war with China - one that even Senate Minority Leader Chuck Schumer supports - has had little effect on prices in the US.

China is hurting and that was the point:

U.S. tariffs on China have oddly little effect on import prices. What’s going on?
...Whatever the case, there’s no doubt that demand for Chinese goods has abated. In fact, the U.S. has raised just two-thirds of the revenue through tariffs that should have been expected largely because of a decline in Chinese imports.

The Fed said imports of Chinese products affected by U.S. tariffs have fallen by an annualized $75 billion. That’s a huge chunk of business that’s gone to Europe, Japan and other Asian countries.

These are the kinds of losses that have pushed China to resume negotiations with the U.S.

Why is hurting China the point? China forced no one to move there. Is not offering lower wages to attract business a cornerstone of free market capitalism?

 

[pknopp]

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.

If true why is it not reflected in higher prices? You know, inflation?

Perhaps you just have a bitter ax to grind.

View attachment 299671

lower energy cost offsetting other cost increases.

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.

December 2018 it was $53.98. inflation would not be out yet on Dec 2019 numbers.

You cannot measure general price increases/decreases using the cost of oil....it is not related at all to the other indexes....

Of course you can't but that was the position of the post I replied to.

 

[justoffal]

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.

If true why is it not reflected in higher prices? You know, inflation?

Perhaps you just have a bitter ax to grind.

View attachment 299671

lower energy cost offsetting other cost increases.

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.

The first tariffs were announced on 22 Jan 2018, not in May.

There is more to energy than just oil, are you really that stupid?

View attachment 299673

The NY Fed determined why the trade war with China - one that even Senate Minority Leader Chuck Schumer supports - has had little effect on prices in the US.

China is hurting and that was the point:

U.S. tariffs on China have oddly little effect on import prices. What’s going on?
...Whatever the case, there’s no doubt that demand for Chinese goods has abated. In fact, the U.S. has raised just two-thirds of the revenue through tariffs that should have been expected largely because of a decline in Chinese imports.

The Fed said imports of Chinese products affected by U.S. tariffs have fallen by an annualized $75 billion. That’s a huge chunk of business that’s gone to Europe, Japan and other Asian countries.

These are the kinds of losses that have pushed China to resume negotiations with the U.S.

This is not brain surgery....but lefty is so stuck on politics that he cannot see what is really happening.
Additionally lefty should be celebrating. With the slow down of the Chinese manufacturing sector the world's biggest polluters are pouring less green house gas into the atmosphere....but then again lefty doesn't actually care about that...he just pretends to care and this proves it.

JO

 

[candycorn]

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.

Only blob supporters argue otherwise.

 

[justoffal]

If true why is it not reflected in higher prices? You know, inflation?

Perhaps you just have a bitter ax to grind.

View attachment 299671

lower energy cost offsetting other cost increases.

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.

The first tariffs were announced on 22 Jan 2018, not in May.

There is more to energy than just oil, are you really that stupid?

View attachment 299673

The NY Fed determined why the trade war with China - one that even Senate Minority Leader Chuck Schumer supports - has had little effect on prices in the US.

China is hurting and that was the point:

U.S. tariffs on China have oddly little effect on import prices. What’s going on?
...Whatever the case, there’s no doubt that demand for Chinese goods has abated. In fact, the U.S. has raised just two-thirds of the revenue through tariffs that should have been expected largely because of a decline in Chinese imports.

The Fed said imports of Chinese products affected by U.S. tariffs have fallen by an annualized $75 billion. That’s a huge chunk of business that’s gone to Europe, Japan and other Asian countries.

These are the kinds of losses that have pushed China to resume negotiations with the U.S.

Why is hurting China the point? China forced no one to move there. Is not offering lower wages to attract business a cornerstone of free market capitalism?

Because China insists that everyone do as they say and not as they do. The Biggest joke on earth is the Chinese contingent to the Paris Accord....they are not there to cooperate...they are there to make sure everyone else follows rules they have no intention of following.

JO

 

[justoffal]

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.

Only blob supporters argue otherwise.

That was a fine contribution of no fact....

Show me one item with a photo and where you bought it that you paid more for because of a Tariff...
G'head.....I dare ya. YOu can't because you don't know what you're talking about and you are totally full of shit.

JO

 

[Ray From Cleveland]

If true why is it not reflected in higher prices? You know, inflation?

Perhaps you just have a bitter ax to grind.

View attachment 299671

lower energy cost offsetting other cost increases.

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.

The first tariffs were announced on 22 Jan 2018, not in May.

There is more to energy than just oil, are you really that stupid?

View attachment 299673

The NY Fed determined why the trade war with China - one that even Senate Minority Leader Chuck Schumer supports - has had little effect on prices in the US.

China is hurting and that was the point:

U.S. tariffs on China have oddly little effect on import prices. What’s going on?
...Whatever the case, there’s no doubt that demand for Chinese goods has abated. In fact, the U.S. has raised just two-thirds of the revenue through tariffs that should have been expected largely because of a decline in Chinese imports.

The Fed said imports of Chinese products affected by U.S. tariffs have fallen by an annualized $75 billion. That’s a huge chunk of business that’s gone to Europe, Japan and other Asian countries.

These are the kinds of losses that have pushed China to resume negotiations with the U.S.

Why is hurting China the point? China forced no one to move there. Is not offering lower wages to attract business a cornerstone of free market capitalism?

Hurting China pressures them to make better deals with the US, which of course would ultimately help all Americans who purchase their products.

 

[pknopp]

If true why is it not reflected in higher prices? You know, inflation?

Perhaps you just have a bitter ax to grind.

View attachment 299671

lower energy cost offsetting other cost increases.

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.

The first tariffs were announced on 22 Jan 2018, not in May.

There is more to energy than just oil, are you really that stupid?

View attachment 299673

The NY Fed determined why the trade war with China - one that even Senate Minority Leader Chuck Schumer supports - has had little effect on prices in the US.

China is hurting and that was the point:

U.S. tariffs on China have oddly little effect on import prices. What’s going on?
...Whatever the case, there’s no doubt that demand for Chinese goods has abated. In fact, the U.S. has raised just two-thirds of the revenue through tariffs that should have been expected largely because of a decline in Chinese imports.

The Fed said imports of Chinese products affected by U.S. tariffs have fallen by an annualized $75 billion. That’s a huge chunk of business that’s gone to Europe, Japan and other Asian countries.

These are the kinds of losses that have pushed China to resume negotiations with the U.S.

This is not brain surgery....but lefty is so stuck on politics that he cannot see what is really happening.
Additionally lefty should be celebrating. With the slow down of the Chinese manufacturing sector the world's biggest polluters are pouring less green house gas into the atmosphere....but then again lefty doesn't actually care about that...he just pretends to care and this proves it.

JO

They should move back here and pollute under Trump's relaxation of pollution standards?

 

[justoffal]

lower energy cost offsetting other cost increases.

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.

The first tariffs were announced on 22 Jan 2018, not in May.

There is more to energy than just oil, are you really that stupid?

View attachment 299673

The NY Fed determined why the trade war with China - one that even Senate Minority Leader Chuck Schumer supports - has had little effect on prices in the US.

China is hurting and that was the point:

U.S. tariffs on China have oddly little effect on import prices. What’s going on?
...Whatever the case, there’s no doubt that demand for Chinese goods has abated. In fact, the U.S. has raised just two-thirds of the revenue through tariffs that should have been expected largely because of a decline in Chinese imports.

The Fed said imports of Chinese products affected by U.S. tariffs have fallen by an annualized $75 billion. That’s a huge chunk of business that’s gone to Europe, Japan and other Asian countries.

These are the kinds of losses that have pushed China to resume negotiations with the U.S.

This is not brain surgery....but lefty is so stuck on politics that he cannot see what is really happening.
Additionally lefty should be celebrating. With the slow down of the Chinese manufacturing sector the world's biggest polluters are pouring less green house gas into the atmosphere....but then again lefty doesn't actually care about that...he just pretends to care and this proves it.

JO

They should move back here and pollute under Trump's relaxation of pollution standards?

The EPA still exists....The Chinese already own lots of shell company interests who have to follow the rules here. The EPA doesn't take care of the environment btw....they sell protection. Trump simply stopped the EPA from espousing politics instead of doing their job.

JO

 

[pknopp]

lower energy cost offsetting other cost increases.

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.

The first tariffs were announced on 22 Jan 2018, not in May.

There is more to energy than just oil, are you really that stupid?

View attachment 299673

The NY Fed determined why the trade war with China - one that even Senate Minority Leader Chuck Schumer supports - has had little effect on prices in the US.

China is hurting and that was the point:

U.S. tariffs on China have oddly little effect on import prices. What’s going on?
...Whatever the case, there’s no doubt that demand for Chinese goods has abated. In fact, the U.S. has raised just two-thirds of the revenue through tariffs that should have been expected largely because of a decline in Chinese imports.

The Fed said imports of Chinese products affected by U.S. tariffs have fallen by an annualized $75 billion. That’s a huge chunk of business that’s gone to Europe, Japan and other Asian countries.

These are the kinds of losses that have pushed China to resume negotiations with the U.S.

Why is hurting China the point? China forced no one to move there. Is not offering lower wages to attract business a cornerstone of free market capitalism?

Because China insists that everyone do as they say and not as they do. The Biggest joke on earth is the Chinese contingent to the Paris Accord....they are not there to cooperate...they are there to make sure everyone else follows rules they have no intention of following.

JO

Pot/kettle.

We complain when China manipulates their currency but we have always done that.

We complain when China subsidizes a business but we have long done that.

 

[Ray From Cleveland]

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.

If true why is it not reflected in higher prices? You know, inflation?

Perhaps you just have a bitter ax to grind.

View attachment 299671

I didn't grind the axe. The experts in the article did.

Correction...the bought and paid for experts in the article did...
That article is a complete pile of bullshit that carefully avoids a few pertinent facts.
Wholesale prices are rising but not being transmitted to the retail level. They carefully avoided mentioning that.
The middle man is taking up the slack...and well they should be. Trump's tariff efforts might as well be called
The Robin Hood factor...the money going into the Federal Government as a result of the Tariff effort is being redistributed by the Government to those who are hurt by the Tariffs. Many of the middle man bulk goods conveyors are complex multinationals that are largely or even wholly owned by China through a series of shell layers. So of course they are going to scream unfair at being exposed.

JO

Wal Mart says prices are rising. Ask anyone that grocery shops whether prices are rising or not. Ask anyone paying rent if prices are rising or not.

Keep in mind the link you posted about Walmart earlier was from May of last year. Things have been changing from May until today.

 

[pknopp]

lower energy cost offsetting other cost increases.

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.

The first tariffs were announced on 22 Jan 2018, not in May.

There is more to energy than just oil, are you really that stupid?

View attachment 299673

The NY Fed determined why the trade war with China - one that even Senate Minority Leader Chuck Schumer supports - has had little effect on prices in the US.

China is hurting and that was the point:

U.S. tariffs on China have oddly little effect on import prices. What’s going on?
...Whatever the case, there’s no doubt that demand for Chinese goods has abated. In fact, the U.S. has raised just two-thirds of the revenue through tariffs that should have been expected largely because of a decline in Chinese imports.

The Fed said imports of Chinese products affected by U.S. tariffs have fallen by an annualized $75 billion. That’s a huge chunk of business that’s gone to Europe, Japan and other Asian countries.

These are the kinds of losses that have pushed China to resume negotiations with the U.S.

Why is hurting China the point? China forced no one to move there. Is not offering lower wages to attract business a cornerstone of free market capitalism?

Hurting China pressures them to make better deals with the US, which of course would ultimately help all Americans who purchase their products.

China simply took their business elsewhere hurting us.

 

[justoffal]

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.

The first tariffs were announced on 22 Jan 2018, not in May.

There is more to energy than just oil, are you really that stupid?

View attachment 299673

The NY Fed determined why the trade war with China - one that even Senate Minority Leader Chuck Schumer supports - has had little effect on prices in the US.

China is hurting and that was the point:

U.S. tariffs on China have oddly little effect on import prices. What’s going on?
...Whatever the case, there’s no doubt that demand for Chinese goods has abated. In fact, the U.S. has raised just two-thirds of the revenue through tariffs that should have been expected largely because of a decline in Chinese imports.

The Fed said imports of Chinese products affected by U.S. tariffs have fallen by an annualized $75 billion. That’s a huge chunk of business that’s gone to Europe, Japan and other Asian countries.

These are the kinds of losses that have pushed China to resume negotiations with the U.S.

Why is hurting China the point? China forced no one to move there. Is not offering lower wages to attract business a cornerstone of free market capitalism?

Because China insists that everyone do as they say and not as they do. The Biggest joke on earth is the Chinese contingent to the Paris Accord....they are not there to cooperate...they are there to make sure everyone else follows rules they have no intention of following.

JO

Pot/kettle.

We complain when China manipulates their currency but we have always done that.

We complain when China subsidizes a business but we have long done that.

Not me.... I totally understand government subsidies and why they are necessary.
Central Banks? Oh well...who can control them? So far no government I have seen has that power.

JO

 

[SAYIT]

The NY Fed determined why the trade war with China - one that even Senate Minority Leader Chuck Schumer supports - has had little effect on prices in the US.

China is hurting and that was the point:

U.S. tariffs on China have oddly little effect on import prices. What’s going on?
...Whatever the case, there’s no doubt that demand for Chinese goods has abated. In fact, the U.S. has raised just two-thirds of the revenue through tariffs that should have been expected largely because of a decline in Chinese imports.

The Fed said imports of Chinese products affected by U.S. tariffs have fallen by an annualized $75 billion. That’s a huge chunk of business that’s gone to Europe, Japan and other Asian countries.

These are the kinds of losses that have pushed China to resume negotiations with the U.S.

​

Why is hurting China the point? China forced no one to move there. Is not offering lower wages to attract business a cornerstone of free market capitalism?

The tariffs are aimed at curing what "officials from both major parties call Chinese trade abuses." Of course, the ignorant among us just don't understand why we should punish that behavior.

Chuck Schumer urges Trump to 'hang tough on China' after latest tariff threat while other top Democrats are quiet
The New York senator, who has largely cheered the president’s efforts to crack down on what officials from both major parties call Chinese trade abuses, backed Trump again on Sunday. In a tweet, he urged the president to “hang tough on China.”

“Strength is the only way to win with China,” said Schumer, who is otherwise at odds with Trump on a wide variety of policy issues.