Cost-Benefit Analysis Trump Tariffs

[Edgetho]

I am not an accountant. I can't imagine I'd ever want to be one, either.

But I've been around enough of them to have an idea of what a CBA is and how they work.

Anybody want to break it down, please do.

But I've only put this together in my head.....

What's the down side to Trump's Tariffs??

It upsets International Trade.

It upsets Wall Street (didja hear? The Chamber of Commerce is gonna sue Trump over the Tariffs? And dims think the Chamber is Republican. Not even)

It might cost Americans a few cents on their next rubber-duckie from China and their ptomaine-laced lettuce from Mexico. Oh yes, it is.

Plus side.......

What has virtually every American been complaining about for the last 50 years? How our jobs are going overseas. How everything comes from foreign countries now. How nothing is Made in America anymore.

In fact, I heard Alex Occasional Cortex say, "I bought a new TV and it said, 'Built in Antenna'. I don't even know where Antenna is."

So where's the down-side to Trump's Tariffs? I really don't get it.

China has been stealing from us for the last 30 years. Mexico has been dumping its unwanted citizens on us for the last 100 years.......

Where's the down-side??

And, OBTW. The exporting Countries being hit with the Tariffs?? They're gonna eat those, not us.

More jobs, more manufacturing jobs that employ the most vulnerable of our citizens, more money staying in this Country, less -downward pressure on salaries caused by illegals willing to live 5 families in one house (oh yes they do) and work twice as hard for half the money, driving Americans onto welfare.

Where's the downside?

People, there isn't one.

The Donald is a Wharton Graduate. You think he didn't do a CBA on this before he dropped those tariffs on China and Mexico? That boy does a CBA when counts the sheets of toilet paper he uses.

Oh and Mexico and China are gonna retaliate against us? Sure

 

[tyroneweaver]

Just don’t buy stuff from mexico or China then it won’t cost you more

 

[Wyatt earp]

For some unknown reason the left thinks we don't have a choice not to buy foreign goods and refuse to acknowledge our slave owning anti woman the right to vote Liberal founding fathers built this country on tariffs until 1913




.

 

[Thinker101]

I am not an accountant. I can't imagine I'd ever want to be one, either.

But I've been around enough of them to have an idea of what a CBA is and how they work.

Anybody want to break it down, please do.

But I've only put this together in my head.....

What's the down side to Trump's Tariffs??

It upsets International Trade.

It upsets Wall Street (didja hear? The Chamber of Commerce is gonna sue Trump over the Tariffs? And dims think the Chamber is Republican. Not even)

It might cost Americans a few cents on their next rubber-duckie from China and their ptomaine-laced lettuce from Mexico. Oh yes, it is.

Plus side.......

What has virtually every American been complaining about for the last 50 years? How our jobs are going overseas. How everything comes from foreign countries now. How nothing is Made in America anymore.

In fact, I heard Alex Occasional Cortex say, "I bought a new TV and it said, 'Built in Antenna'. I don't even know where Antenna is."

So where's the down-side to Trump's Tariffs? I really don't get it.

China has been stealing from us for the last 30 years. Mexico has been dumping its unwanted citizens on us for the last 100 years.......

Where's the down-side??

And, OBTW. The exporting Countries being hit with the Tariffs?? They're gonna eat those, not us.

More jobs, more manufacturing jobs that employ the most vulnerable of our citizens, more money staying in this Country, less -downward pressure on salaries caused by illegals willing to live 5 families in one house (oh yes they do) and work twice as hard for half the money, driving Americans onto welfare.

Where's the downside?

People, there isn't one.

The Donald is a Wharton Graduate. You think he didn't do a CBA on this before he dropped those tariffs on China and Mexico? That boy does a CBA when counts the sheets of toilet paper he uses.

Oh and Mexico and China are gonna retaliate against us? Sure

Yep, this is too funny. Just had someone explain that a production facility in Mexico does not have to:
(1) pay a living wage
(2) pay over time after 40 hours
(3) offer health insurance/options
(4) maintain a safe work environment similar to OSHA regulation in US (workers at great risk of work related illness/injury/death)
(5) abide by environmental laws (they can pollute the environment with impunity)

And, Trump is evil for putting tariffs on Mexico.

 

[Edgetho]

Yep, this is too funny. Just had someone explain that a production facility in Mexico does not have to:
(1) pay a living wage
(2) pay over time after 40 hours
(3) offer health insurance/options
(4) maintain a safe work environment similar to OSHA regulation in US (workers at great risk of work related illness/injury/death)
(5) abide by environmental laws (they can pollute the environment with impunity)

And, Trump is evil for putting tariffs on Mexico.

The tariffs only harm the elites and the super-rich like the criminal Joe Biden and his even more criminal son -- Not Just Ukraine; Biden May Have A Serious China Problem As Schweizer Exposes Hunter's $1bn Deal

Of course, Biden is a dimocrap so one should automatically infer that he is a criminal. If you do, you will be correct 99.99% of the time.

This has been going on since the FDR days. It's time it stopped. It's time America took its jobs back. It's time America defended the working class again.

Free and open trade is the hallmark of a peaceful world. But there's nothing free and open with the way China and Mexico do business with us.

Nothing

 

[Harpy Eagle]

Just don’t buy stuff from mexico or China then it won’t cost you more

are you really this naive, or is it just an act?

If the tariff on products from Mexico is 5%, retailers will raise the price of those items by about 2 or 3 percent and then add 1 or 2 percent to 100 other products to recoup the cost plus some. They understand that people will buy less of the Mexican product, so they take advantage of the ignorance of the consumer.

 

[mikegriffith1]

Very good OP. I keep asking "free traders" why China has prospered so greatly behind high tariffs, but I can never get them to answer the question. For about 100 years, America followed a strongly protectionist trade policy, including sky-high tariffs, and became the economic wonder of the world.

A supposed "free trader" sees no problem with forcing an American factory to compete with a dirt-wage factory in some Third World nation where workers are paid almost nothing and have few if any benefits. Yes, the dirt-wage factory can make the product more cheaply, even after shipping costs, because their labor and regulatory costs are a fraction of what an American factory faces, and there's no way any decent American would accept lowering our workers' wages and working conditions to "compete" with the dirt-wage factory.

You know what? Yes, you are going to pay more for most products, but not a huge amount more, and that extra money stays here and helps your fellow Americans and American communities in general.

 

[Harpy Eagle]

I am not an accountant. I can't imagine I'd ever want to be one, either.

But I've been around enough of them to have an idea of what a CBA is and how they work.

Anybody want to break it down, please do.

But I've only put this together in my head.....

What's the down side to Trump's Tariffs??

It upsets International Trade.

It upsets Wall Street (didja hear? The Chamber of Commerce is gonna sue Trump over the Tariffs? And dims think the Chamber is Republican. Not even)

It might cost Americans a few cents on their next rubber-duckie from China and their ptomaine-laced lettuce from Mexico. Oh yes, it is.

Plus side.......

What has virtually every American been complaining about for the last 50 years? How our jobs are going overseas. How everything comes from foreign countries now. How nothing is Made in America anymore.

In fact, I heard Alex Occasional Cortex say, "I bought a new TV and it said, 'Built in Antenna'. I don't even know where Antenna is."

So where's the down-side to Trump's Tariffs? I really don't get it.

China has been stealing from us for the last 30 years. Mexico has been dumping its unwanted citizens on us for the last 100 years.......

Where's the down-side??

And, OBTW. The exporting Countries being hit with the Tariffs?? They're gonna eat those, not us.

More jobs, more manufacturing jobs that employ the most vulnerable of our citizens, more money staying in this Country, less -downward pressure on salaries caused by illegals willing to live 5 families in one house (oh yes they do) and work twice as hard for half the money, driving Americans onto welfare.

Where's the downside?

People, there isn't one.

The Donald is a Wharton Graduate. You think he didn't do a CBA on this before he dropped those tariffs on China and Mexico? That boy does a CBA when counts the sheets of toilet paper he uses.

Oh and Mexico and China are gonna retaliate against us? Sure

Ask our Ag community what the downside is.

Sure, they are being handed money hand over fist by Trump to keep them happy, but it is not really working. For the most part they would much rather sell their product than be handed money by the government.

The exporting countries are not eating the tariffs, that is just stupid. A tariff is a tax on the person buying the product.

Yes, Trump graduated from Wharton 51 years ago with a basic Bachelors degree. Had he has proudly not read a book since that day. Doubtful his basic economics degree would have included how to do a CBA, but even if it did, he long forgot what the initials even stand for. Trump does not analysis, he flys by the seat of his pants thinking he is the smartest person in the room

 

[tyroneweaver]

Just don’t buy stuff from mexico or China then it won’t cost you more

are you really this naive, or is it just an act?

If the tariff on products from Mexico is 5%, retailers will raise the price of those items by about 2 or 3 percent and then add 1 or 2 percent to 100 other products to recoup the cost plus some. They understand that people will buy less of the Mexican product, so they take advantage of the ignorance of the consumer.

Thinking Error: gaslighting

 

[Harpy Eagle]

Very good OP. I keep asking "free traders" why China has prospered so greatly behind high tariffs, but I can never get them to answer the question. For about 100 years, America followed a strongly protectionist trade policy, including sky-high tariffs, and became the economic wonder of the world.

A supposed "free trader" sees no problem with forcing an American factory to compete with a dirt-wage factory in some Third World nation where workers are paid almost nothing and have few if any benefits. Yes, the dirt-wage factory can make the product more cheaply, even after shipping costs, because their labor and regulatory costs are a fraction of what an American factory faces, and there's no way any decent American would accept lowering our workers' wages and working conditions to "compete" with the dirt-wage factory.

You know what? Yes, you are going to pay more for most products, but not a huge amount more, and that extra money stays here and helps your fellow Americans and American communities in general.

China has a Socialist Market Economy, if you wish the US to move to that model then we too can prosper under tariffs.

If the trade deals are so terrible, how did we achieve less than 4% unemployment under the current deals?

If the trade deals are so terrible, how did we achieve 119 months straight of economic expansion under the current deals?

If the trade deals are so terrible, how did we achieve more than 100 months of positive job growth in a row under the current deals?

If the trade deals are so terrible, how did we achieve record setting financial markets (till the start of the trade war) under the current deals?

 

[Harpy Eagle]

Just don’t buy stuff from mexico or China then it won’t cost you more

are you really this naive, or is it just an act?

If the tariff on products from Mexico is 5%, retailers will raise the price of those items by about 2 or 3 percent and then add 1 or 2 percent to 100 other products to recoup the cost plus some. They understand that people will buy less of the Mexican product, so they take advantage of the ignorance of the consumer.

Thinking Error: gaslighting

You do not even know how to think, all you do is parrot what your party masters tell you

 

[Crepitus]

Sure, they are being handed money hand over fist by Trump to keep them happy

I read that only the big corporate operations have received any money so far. Small farmers are getting the run-around.

 

[tyroneweaver]

Just don’t buy stuff from mexico or China then it won’t cost you more

are you really this naive, or is it just an act?

If the tariff on products from Mexico is 5%, retailers will raise the price of those items by about 2 or 3 percent and then add 1 or 2 percent to 100 other products to recoup the cost plus some. They understand that people will buy less of the Mexican product, so they take advantage of the ignorance of the consumer.

Thinking Error: gaslighting

You do not even know how to think, all you do is parrot what your party masters tell you

Thinking Error: assuming

 

[Crepitus]

I am not an accountant. I can't imagine I'd ever want to be one, either.

But I've been around enough of them to have an idea of what a CBA is and how they work.

Anybody want to break it down, please do.

But I've only put this together in my head.....

What's the down side to Trump's Tariffs??

It upsets International Trade.

It upsets Wall Street (didja hear? The Chamber of Commerce is gonna sue Trump over the Tariffs? And dims think the Chamber is Republican. Not even)

It might cost Americans a few cents on their next rubber-duckie from China and their ptomaine-laced lettuce from Mexico. Oh yes, it is.

Plus side.......

What has virtually every American been complaining about for the last 50 years? How our jobs are going overseas. How everything comes from foreign countries now. How nothing is Made in America anymore.

In fact, I heard Alex Occasional Cortex say, "I bought a new TV and it said, 'Built in Antenna'. I don't even know where Antenna is."

So where's the down-side to Trump's Tariffs? I really don't get it.

China has been stealing from us for the last 30 years. Mexico has been dumping its unwanted citizens on us for the last 100 years.......

Where's the down-side??

And, OBTW. The exporting Countries being hit with the Tariffs?? They're gonna eat those, not us.

More jobs, more manufacturing jobs that employ the most vulnerable of our citizens, more money staying in this Country, less -downward pressure on salaries caused by illegals willing to live 5 families in one house (oh yes they do) and work twice as hard for half the money, driving Americans onto welfare.

Where's the downside?

People, there isn't one.

The Donald is a Wharton Graduate. You think he didn't do a CBA on this before he dropped those tariffs on China and Mexico? That boy does a CBA when counts the sheets of toilet paper he uses.

Oh and Mexico and China are gonna retaliate against us? Sure

I think the phrase "tariffs on Mexico" is misleading. Those tariffs are on the importers. They are tariffs on America when you get right down to it.

 

[Harpy Eagle]

Just don’t buy stuff from mexico or China then it won’t cost you more

are you really this naive, or is it just an act?

If the tariff on products from Mexico is 5%, retailers will raise the price of those items by about 2 or 3 percent and then add 1 or 2 percent to 100 other products to recoup the cost plus some. They understand that people will buy less of the Mexican product, so they take advantage of the ignorance of the consumer.

Thinking Error: gaslighting

You do not even know how to think, all you do is parrot what your party masters tell you

Thinking Error: assuming

it is very helpful of you to keep listing your thinking errors

 

[debbiedowner]

Just don’t buy stuff from mexico or China then it won’t cost you more

are you really this naive, or is it just an act?

If the tariff on products from Mexico is 5%, retailers will raise the price of those items by about 2 or 3 percent and then add 1 or 2 percent to 100 other products to recoup the cost plus some. They understand that people will buy less of the Mexican product, so they take advantage of the ignorance of the consumer.

In the couple of years hear at USMB I have come to the conclusion some of these people are just outright missing a few or rather posting to get a rise out of people because I can't believe anyone can be that stupid and get by in life.

 

[tyroneweaver]

Sure, they are being handed money hand over fist by Trump to keep them happy

I read that only the big corporate operations have received any money so far. Small farmers are getting the run-around.

What do you consider a small farm?

 

[Thinker101]

Just don’t buy stuff from mexico or China then it won’t cost you more

are you really this naive, or is it just an act?

If the tariff on products from Mexico is 5%, retailers will raise the price of those items by about 2 or 3 percent and then add 1 or 2 percent to 100 other products to recoup the cost plus some. They understand that people will buy less of the Mexican product, so they take advantage of the ignorance of the consumer.

In the couple of years hear at USMB I have come to the conclusion some of these people are just outright missing a few or rather posting to get a rise out of people because I can't believe anyone can be that stupid and get by in life.

No doubt, you hear a lot more than that.

 

[tyroneweaver]

Just don’t buy stuff from mexico or China then it won’t cost you more

are you really this naive, or is it just an act?

If the tariff on products from Mexico is 5%, retailers will raise the price of those items by about 2 or 3 percent and then add 1 or 2 percent to 100 other products to recoup the cost plus some. They understand that people will buy less of the Mexican product, so they take advantage of the ignorance of the consumer.

Thinking Error: gaslighting

You do not even know how to think, all you do is parrot what your party masters tell you

Thinking Error: assuming

it is very helpful of you to keep listing your thinking errors

Oh I have thinking errors. But I know how to control mine

 

[Edgetho]

I think the phrase "tariffs on Mexico" is misleading. Those tariffs are on the importers. They are tariffs on America when you get right down to it.

Economics 101, dewd.

The exporting Country (business, whatev) will have to eat most of the tariff. Just simple economics.

I can't think of an example of something we get from China, other than Rare Earth minerals (Get Ready) that we can't get from somewhere else or even domestically.

Plus, most of those exporters have a contract to deliver their commodity at 'X' Cost. They won't have a choice but to eat the tariff.

You're being fed bullshit by the Media, who are THE most stupid fucks on the planet. Bar none.

If China and Mexico aren't going to have to eat the tariffs, why then are they shitting their collective panties trying to re-negotiate? Why are they so worked up if it's only going to cost the American Consumer.

Getting your news and your opinions from stupid people makes you stupid, too.