Trump is wrong on how China tariffs work

[McRocket]

'President Trump said in a Twitter thread Friday that China is paying billions of dollars to the U.S. Treasury due to tariffs hours after he reignited the trade war with a tariff spike. This is a claim he's made before, including back in January, when he said it twice during a press conference and on Twitter.

Reality check: The tariffs are paid by U.S. importers of affected Chinese goods, not by China's government or by Chinese companies. Importers then either raise costs on consumers, lower their own profit margins or both.'

President Trump is wrong on how China tariffs work

What a fucking idiot Trump is...he does not even know how a tariff works.

Hey MORON...it's an import tariff. Why the fuck would China pay for an import tariff? Moron.

What a useless piece of shit he is.

 

[Deplorable Yankee]

jesus h whats stoppin the chinese from eating the ten percent on their end? apparently according to some reports not much!
if the chinese are covering the ten percent what does it matter if myself or a freight forwarder , a chink warehouse stuffed with chink nationals operating at of redhook ...OR goddamn ford pays the friggin duties...youre still not out the 10% and the consumer feels ungotz

 

[TheProgressivePatriot]

And it costing us big time!

Trump's Trade War Cost U.S. More Than $3 Billion A Month, Economists Say | HuffPost

Trump's Tariffs Are Screwing Farmers. Many Still Won't Blame Him. | HuffPost

And doesn't understand trade deficits either. The fact the we importing more than we're exporting does not mean that we are loosing the difference.

Fact check: Is Trump right that the U.S. loses $500 billion in trade to China?

 

[TheProgressivePatriot]

jesus h whats stoppin the chinese from eating the ten percent on their end? apparently according to some reports not much!
if the chinese are covering the ten percent what does it matter if myself or a freight forwarder , a chink warehouse stuffed with chink nationals operating at of redhook ...OR goddamn ford pays the friggin duties...youre still not out the 10% and the consumer feels ungotz

 

[Stormy Daniels]

jesus h whats stoppin the chinese from eating the ten percent on their end?

The OP just explained it all pretty clearly. If you still can't understand then you're probably just in over your head on this subject.

 

[Edgetho]

And it costing us big time!

Trump's Trade War Cost U.S. More Than $3 Billion A Month, Economists Say | HuffPost

Trump's Tariffs Are Screwing Farmers. Many Still Won't Blame Him. | HuffPost

And doesn't understand trade deficits either. The fact the we importing more than we're exporting does not mean that we are loosing the difference.

Fact check: Is Trump right that the U.S. loses $500 billion in trade to China?

Boy, Trump is so dumb I hope he never runs for Prez. A dim would beat him so awful bad. Maybe even Uber**** could beat him

 

[william the wie]

You do realize you can go to Bloomberg, CNBC or any other leftist business site and the news is coming out as China going down and hard.

 

[TheProgressivePatriot]

You do realize you can go to Bloomberg, CNBC or any other leftist business site and the news is coming out as China going down and hard.

We're all going down because of this lunatic. There will be no winners. That's what I'm reading

 

[Deplorable Yankee]

And it costing us big time!

Trump's Trade War Cost U.S. More Than $3 Billion A Month, Economists Say | HuffPost

Trump's Tariffs Are Screwing Farmers. Many Still Won't Blame Him. | HuffPost

And doesn't understand trade deficits either. The fact the we importing more than we're exporting does not mean that we are loosing the difference.

Fact check: Is Trump right that the U.S. loses $500 billion in trade to China?

the huffing post is not really a legitimate source of any kind....
even legitimate business press a lot were screaming it the end of the world ......again !
its almost a repeat of the same shit as last year
believe me ive seen em ,,,i mentioned it a day or two ago


dont worry bout little bloody noses or hysterical propaganda ...

 

[william the wie]

A deal will be cut before the Chinese economy crashes

 

[Vandalshandle]

Trump's tariff increase today only will cost American families $767 per year.

How will the tariff increase impact Americans?

 

[william the wie]

jesus h whats stoppin the chinese from eating the ten percent on their end? apparently according to some reports not much!
if the chinese are covering the ten percent what does it matter if myself or a freight forwarder , a chink warehouse stuffed with chink nationals operating at of redhook ...OR goddamn ford pays the friggin duties...youre still not out the 10% and the consumer feels ungotz

Less than 1% of Chinese exporters have sufficient revenues to eat the tariffs. Also every place in Southeast Asia are trying to get the Chinese employment outsourced to them so Chinese businesses are likely to leave China permanently. Bangladesh is advertising for China's lost jobs and that is the good news for China.

 

[TheProgressivePatriot]

And it costing us big time!

Trump's Trade War Cost U.S. More Than $3 Billion A Month, Economists Say | HuffPost

Trump's Tariffs Are Screwing Farmers. Many Still Won't Blame Him. | HuffPost

And doesn't understand trade deficits either. The fact the we importing more than we're exporting does not mean that we are loosing the difference.

Fact check: Is Trump right that the U.S. loses $500 billion in trade to China?

the huffing post is not really a legitimate source of any kind....
even legitimate business press a lot were screaming it the end of the world ......again !
its almost a repeat of the same shit as last year
believe me ive seen em ,,,i mentioned it a day or two ago


dont worry bout little bloody noses or hysterical propaganda ...

The Huff Post is not a legitimate source? Seriously.? Can you refute the figures reported? What about the link to CBS? Where do you get your news? Alex Jones?

 

[Deplorable Yankee]

The new report showed that customs duties total $41 billion so far this year, up 82% from a year ago, a big increase that reflects the higher tariffs the Trump administration has imposed on China

if i was still in the game ....on the wholesale especially certain things i would order out of china ...just like i would only buy or with the converting manufacture particular things from s korea or silks from India or suitings from italy ...i know i could make them eat the 10% or at the least split it without a whole lot of effort

25% no problem either

 

[william the wie]

When it comes to business news huffpuff lives down to it nickname

 

[rightwinger]

Consumers pay for Tariffs

Trump is charging working Americans in his trade war

 

[Deplorable Yankee]

And it costing us big time!

Trump's Trade War Cost U.S. More Than $3 Billion A Month, Economists Say | HuffPost

Trump's Tariffs Are Screwing Farmers. Many Still Won't Blame Him. | HuffPost

And doesn't understand trade deficits either. The fact the we importing more than we're exporting does not mean that we are loosing the difference.

Fact check: Is Trump right that the U.S. loses $500 billion in trade to China?

the huffing post is not really a legitimate source of any kind....
even legitimate business press a lot were screaming it the end of the world ......again !
its almost a repeat of the same shit as last year
believe me ive seen em ,,,i mentioned it a day or two ago


dont worry bout little bloody noses or hysterical propaganda ...

The Huff Post is not a legitimate source? Seriously.? Can you refute the figures reported? What about the link to CBS? Where do you get your news? Alex Jones?

it might as well be cnn
youre talking to someone who also reads the world socialist website for laughs

try the wall st journal or bloomberg and then get back to me

 

[WillPower]

. Importers then either raise costs on consumers, lower their own profit margins or both.'
.

OR buy from an American supplier eh, numbnuts? Guess who doesn't understand how tariffs work...it's YOU...surprising to exactly nobody.

 

[Indeependent]

And it costing us big time!

Trump's Trade War Cost U.S. More Than $3 Billion A Month, Economists Say | HuffPost

Trump's Tariffs Are Screwing Farmers. Many Still Won't Blame Him. | HuffPost

And doesn't understand trade deficits either. The fact the we importing more than we're exporting does not mean that we are loosing the difference.

Fact check: Is Trump right that the U.S. loses $500 billion in trade to China?

Good luck in finding any media outlet that doesn’t slant information.

 

[Indeependent]

Trump's tariff increase today only will cost American families $767 per year.

How will the tariff increase impact Americans?

$80.00/month!!!!!!!