Trump is wrong on how China tariffs work

[TheProgressivePatriot]

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

What the hell does that mean?

 

[WillPower]

Consumers pay for Tariffs

Trump is charging working Americans in his trade war

Nope.....Not only are Americans forced to buy crap because nobody makes good stuff anymore, but now they can buy from a new American company (not crap), who employs Americans, pays taxes to our IRS, and has to stand up to any lawsuits because their product injured somebody....that should make your ambulance-chasers and venture capitalists happy....did you know Schumer is supporting Trump on these tariffs?

 

[Deplorable Yankee]

80 bucks a month where this coming from orangeman bad.com ,,,if ya only knew the profit margins some of us ran on this side of the pacific
now that would upset ya.

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

What the hell does that mean?

it means huff poo is a bigger laughing stock than cnn ....

 

[Kilroy2]

The think about tariffs is the tit for tat . You tax X amount of dollars, then I will tax X amount of dollars. So it kinds of even out if everything was equal.

Still it is like economic warfare

Yet to believe that Trump understands trade is believing that he understands women

So trump says trade deficits are bad, well in the past two years the deficit has grown under trump

US vs the world seasonally adjusted just the high points by year

2017 -795,689
2018 -878,700

OB
2016 - -736,576
2009 - -503,583

GB

2006 - -827,970
2001 - 411, 899

I guess they are just numbers and a lot of factors could be added but by the numbers this is what it looks like

Trump is losing this war on economics

I guess he will need a real war to win something

 

[McRocket]

. 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.

LOL.

The thread is not about whether tariffs are a good idea or not - ignoramus.

It is STRICTLY about the fact that Trump does not even know what they are.

And neither do you - it seems.

Do yourself a favor...stop talking about tariffs - because it is clear you have no idea what they even are and are making an idiot of yourself.


Have a nice day.

 

[kyzr]

Consumers pay for Tariffs

Trump is charging working Americans in his trade war

Nope.....Not only are Americans forced to buy crap because nobody makes good stuff anymore, but now they can buy from a new American company, who employs Americans, pays taxes to our IRS, and has to stand up to any lawsuits because their product injured somebody....that should make your ambulance-chasers and venture capitalists happy....did you know Schumer is supporting Trump on these tariffs?

Big point! Both Schumer and Nancy are supporting the hard bargain being struck with China. The tariffs are not as bad as being portrayed. You don't have to buy the Chinese product. You can buy a US product or one from other countries. If China wants to sell stuff they (or the manufacturer) will eat most of that 25% tariff. Trump knows how tariffs work, he has Lighthizer and Navarro doing the heavy lifting. Xi and Trump will finalize and then celebrate.
Democrat-led House seen backing Trump’s China trade war, scrutinizing talks with allies - Reuters

 

[WillPower]

Trump is loosing this war on economics

If you can't spell "losing" you don't belong on this board...take a hike.

 

[TheProgressivePatriot]

80 bucks a month where this coming from orangeman bad.com ,,,if ya only knew the profit margins some of us ran on this side of the pacific
now that would upset ya.

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

What the hell does that mean?

it means huff poo is a bigger laughing stock than cnn ....

Translation" I only read and accept as legitimate sources that I agree with because that are slanted right" Not my problem

 

[Kilroy2]

Consumers pay for Tariffs

Trump is charging working Americans in his trade war

Nope.....Not only are Americans forced to buy crap because nobody makes good stuff anymore, but now they can buy from a new American company (not crap), who employs Americans, pays taxes to our IRS, and has to stand up to any lawsuits because their product injured somebody....that should make your ambulance-chasers and venture capitalists happy....did you know Schumer is supporting Trump on these tariffs?

did you know Schumer is supporting Trump on these tariffs?

Yeah but he is demo, are you okay with that

Would Trump ever call him and thank him for his support ?????

 

[WillPower]

Do yourself a favor...stop talking about tariffs - because it is clear you have no idea what they even are and are making an idiot of yourself.

Have a nice day.

I have a BS minor in Econ, skippy.....you still can't work a calculator.

 

[airplanemechanic]

The only reason the Chinese respect America and are coming here to negotiate is because of Trump saying "either do this, or your tariffs go up to 25% at midnight."

If they didn't think it would hurt them, they wouldn't be here.

Tariffs are like a tetnus shot. They aren't fun in the short term, but they can prevent long term problems.

 

[LordBrownTrout]

If this is so great for china, then why are they bargaining?

 

[toobfreak]

'
Trump is wrong on how China tariffs work

But isn't that always the thing with Trump, McSocket? EVERYTHING TRUMP SAYS AND DOES SHOULD NOT WORK (according to the experts).

• He shouldn't have won the Primary (according to the experts). But he did.
• He shouldn't have been able to beat Hillary (according to the experts). But he did.
• A hundred things he's done in office wouldn't have worked for anyone else. But they did for him.

Maybe we just need better experts.

And Trump will balance the trade and make it work for America. The AIM isn't tariffs. It's FAIR trade for the USA.

Maybe you assholes should try HELPING him for a change to make it work instead of always doing everything possible hoping he will fail?

You are SO DAMN HUNG UP on your TDS you don't even care what is good for America.

 

[WillPower]

Yeah but he is demo, are you okay with that

Even a blind squirrel finds an acorn on occasion.

 

[Siete]

'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.

yeah, but the old derelict is a self proclaimed genius, and business guru -

 

[WillPower]

US stocks recoup losses on officials' upbeat trade comments

 

[McRocket]

Consumers pay for Tariffs

Trump is charging working Americans in his trade war

Nope.....Not only are Americans forced to buy crap because nobody makes good stuff anymore, but now they can buy from a new American company (not crap), who employs Americans, pays taxes to our IRS, and has to stand up to any lawsuits because their product injured somebody....that should make your ambulance-chasers and venture capitalists happy....did you know Schumer is supporting Trump on these tariffs?

Another ignorant Trumpbot who has no clue about macroeconomics.

Okay dufus - I'll try to make it so simple even you can understand it.

If you have two widgets sold in America and of equal quality. One is made in China and costs $10. One is made in America and costs $12. Now, thanks to Trump's tariffs...that Chinese made widget costs $15. So, naturally, people start buying the American widget...but not for $12.

You see, the American corporation knows they can jack the price up to $13.50 and still be undercutting the Chinese widget nicely. So that is what they will do. That is how business operates.

Result?

American consumers - many of whom are poor/on fixed incomes and depended on that cheap Chinese widget to make ends meet - now have to pay 35% more for the same product. So that means they have less money to spend on other things. That's called 'inflation'. And that could hurt the poor a TON.

And what about these jobs you think will result?

They will only be temporary. Since the extra sales are SOLELY based on the tariffs and since the tariffs could be removed at any time, there is NO WAY that a company is going to build a new factory for the added production. So they will just add another shift or something similar.

Finally, the tariffs will cost jobs as many American companies depend on cheap Chinese imports so that they can manufacture their products cheaper. With that source gone, they will have to use more expensive components. This will raise the price of their products (more inflation) and cause layoffs as they lose competitiveness.

Trump’s lumber tariffs to cause job losses, higher home prices
Trump's massive new tariffs could end up costing America 146,000 jobs
Here's How Many Jobs America Could Lose Because of the Trump Tariffs

So what is the result?

Some temporary, added US jobs. Much higher prices for consumers and US jobs losses.


I realize you Trumpbots either cannot or will not read anything negative against your messiah. But Trump's tariffs will not help the US economy ONE LITTLE BIT.

That is why the markets are tanking every time the trade deal rumors are bad.


School is out.

And since you obviously learned nothing (because Trumpbots NEVER seem to learn)...you get an 'F'.


We are done here (for now).

Have a nice day.

 

[WillPower]

yeah, but the old derelict is a self proclaimed genius, and business guru -

You got to have a billion to lose a billion, moron. Now he's got $7B, is President, and you're still driving a cab.

 

[WillPower]

Consumers pay for Tariffs

Trump is charging working Americans in his trade war

Nope.....Not only are Americans forced to buy crap because nobody makes good stuff anymore, but now they can buy from a new American company (not crap), who employs Americans, pays taxes to our IRS, and has to stand up to any lawsuits because their product injured somebody....that should make your ambulance-chasers and venture capitalists happy....did you know Schumer is supporting Trump on these tariffs?

Another ignorant Trumpbot who has no clue about macroeconomics.

Okay dufus - I'll try to make it so simple even you can understand it.

If you have two widgets sold in America and of equal quality. One is made in China and costs $10. One is made in America and costs $12. Now, thanks to Trump's tariffs...that Chinese made widget costs $15. So, naturally, people start buying the American widget...but not for $12.

You see, the American corporation knows they can jack the price up to $13.50 and still be undercutting the Chinese widget nicely. So that is what they will do. That is how business operates.

Result?

American consumers - many of whom are poor/on fixed incomes and depended on that cheap Chinese widget to make ends meet - now have to pay 35% more for the same product. So that means they have less money to spend on other things. That's called 'inflation'. And that could hurt the poor a TON.

And what about these jobs you think will result?

They will only be temporary. Since the extra sales are SOLELY based on the tariffs and since the tariffs could be removed at any time, there is NO WAY that a company is going to build a new factory for the added production. So they will just add another shift or something similar.

Finally, the tariffs will cost jobs as many American companies depend on cheap Chinese imports so that they can manufacture their products cheaper. With that source gone, they will have to use more expensive components. This will raise the price of their products (more inflation) and cause layoffs as they lose competitiveness.

Trump’s lumber tariffs to cause job losses, higher home prices
Trump's massive new tariffs could end up costing America 146,000 jobs
Here's How Many Jobs America Could Lose Because of the Trump Tariffs

So what is the result?

Some temporary, added US jobs. Much higher prices for consumers and US jobs losses.


I realize you Trumpbots either cannot or will not read anything negative against your messiah. But Trump's tariffs will not help the US economy ONE LITTLE BIT.

That is why the markets are tanking every time the trade deal rumors are bad.


School is out.

And since you obviously learned nothing (because Trumpbots NEVER seem to learn)...you get an 'F'.


We are done here (for now).

Have a nice day.

We're done here alright.....little wonder the G.E.D. they promised you never arrived. g'day.

 

[imawhosure]

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

Yep, so let them steal our intellectual property, don't protect our business interest, and put our people out of work!

How dumb is that?

I agree, tariffs are counter productive, except in one instance------------->when you want your citizenry, to STOP buying their goods! It sure as hell doesn't lower prices, lol.

So, how much of an American are you? Are you willing to stand behind our interests, or rather for a cheap trinket...…...temporarily......allow them to STEAL our intellectual property?

Isn't it fascinating------------->during WWII, our forefathers had to RATION even food, fuel, coffee. These clowns have soooooooooooo much PRIVILEGE, they whine and cry when asked to stand up for ANYTHING! My dog toy might go up 15 cents, and I am to damn lazy to go find one made in Taiwan!

What is WRONG with you?

And besides, if the economy drops 1%, it will go back to Obama year levels, and you all LOVED that-)