Trump is wrong on how China tariffs work

[Thinker101]

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.

A widget, made is China of the same quality....LOL, good one.

 

[charwin95]

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

The consumer is already out over a billion dollars over Trump's tariffs on washing machines. Fuck you ignorant asshole.

uh boy and youre very very very upset about because the left cares so much for working families and flyover country
isnt the consumer just an exploited slave for the capitalist running dogs

thats it ? a billion
the consumer only got stuck for a billion
where did this come from ?

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

82% is more than a billion
china and others on our end are eating em
you are a moron

case closed on both points
Eviscerate the proletariat

If Obama slapped a tax that caused the cost of washing machines to rise 15%, I doubt conservatives would be praising him for taking money out of Americans' pockets.

But when Trump does it, his worshippers run to his defense because he is their orange God.

You do know we have a choice not to buy it right?

I thought I read somewhere you only shop at Walmart.

 

[charwin95]

'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.

Make their shit so expensive Americans wont buy it.


I fail to see the problem.

FUCK CHINA

So suddenly who and where do you make this cheap products?

Trump make his products in China. I’m sure you do NOT know that.

 

[charwin95]

It's affecting Maine lobstering, too. There aren't as many fishermen as farmers, so I guess we don't count in the bailouts, but the industry is getting hit.

U.S.-China trade war impacting Maine lobster industry

If you love lobster, you should care.

Like I mentioned in my previous post. This trade wars will hurt across the board. From hardwares, softwares, services, US products, US produce, car & health insurance. ALL THE WAY.
That Trump lickers failed to understand just because it’s Trump.

 

[edward37]

It's affecting Maine lobstering, too. There aren't as many fishermen as farmers, so I guess we don't count in the bailouts, but the industry is getting hit.

U.S.-China trade war impacting Maine lobster industry

If you love lobster, you should care.

Like I mentioned in my previous post. This trade wars will hurt across the board. From hardwares, softwares, services, US products, US produce, car & health insurance. ALL THE WAY.
That Trump lickers failed to understand just because it’s Trump.

The one redeeming thing about it all is mostly red states get hurt

 

[The VOR]

Lol
The less Chinese fucked up shit we have coming into this country the better...

I thought you were a libertarian.

Are you not?

Lol
Of course, But at the same time I don’t give a shit about China or their products...

You meant to add, except for the junk manufactured there for the trump family.

 

[Deplorable Yankee]

we're all gonna crash and burn at the hands of orange mans 10 percent tariffs on Chinese crap
OH no 25% might be around the corner ......what will that do to candyland sales
we may never recover
but most us are for democratic socialism
do us all a favor go eat some dicks

almost 6 pm ITS honk pill doobie time
holy mary mother of god

if i was at dock id ask em to drop a 20 on my head just to get it over with

 

[charwin95]

The Art of the Deal??? BS only way he dealt was with teams of lawyers threatening everyone

I called it Art of Wrecking Ball.
Art of Pathological Liar.
Art of Scaring His Base.
Art of Supporting Racist undesirable individuals like Alex Jones, Farrakhan.
Art of Hypocrite.

Did I missed anything?

 

[edward37]

The Art of the Deal??? BS only way he dealt was with teams of lawyers threatening everyone

I called it Art of Wrecking Ball.
Art of Pathological Liar.
Art of Scaring His Base.
Art of Supporting Racist undesirable individuals like Alex Jones, Farrakhan.
Art of Hypocrite.

Did I missed anything?

You pretty well covered it If I come up with others I'll post them
Wait >>>>>Art of pussy grabbing

 

[22lcidw]

It's affecting Maine lobstering, too. There aren't as many fishermen as farmers, so I guess we don't count in the bailouts, but the industry is getting hit.

U.S.-China trade war impacting Maine lobster industry

If you love lobster, you should care.

Like I mentioned in my previous post. This trade wars will hurt across the board. From hardwares, softwares, services, US products, US produce, car & health insurance. ALL THE WAY.
That Trump lickers failed to understand just because it’s Trump.

The one redeeming thing about it all is mostly red states get hurt

You would not have massive government without living off of Chinese sweatshop slaves. And those red states are more equipped to handle an economic downturn then you. For they have the products to survive. You have paperwork.

 

[kyzr]

The Art of the Deal??? BS only way he dealt was with teams of lawyers threatening everyone

I called it Art of Wrecking Ball.
Art of Pathological Liar.
Art of Scaring His Base.
Art of Supporting Racist undesirable individuals like Alex Jones, Farrakhan.
Art of Hypocrite.

Did I missed anything?

You pretty well covered it If I come up with others I'll post them
Wait >>>>>Art of pussy grabbing

Yawn. That's old news. It didn't work in 2016, it won't help in 2020. In case you forgot...

 

[edward37]

It's affecting Maine lobstering, too. There aren't as many fishermen as farmers, so I guess we don't count in the bailouts, but the industry is getting hit.

U.S.-China trade war impacting Maine lobster industry

If you love lobster, you should care.

Like I mentioned in my previous post. This trade wars will hurt across the board. From hardwares, softwares, services, US products, US produce, car & health insurance. ALL THE WAY.
That Trump lickers failed to understand just because it’s Trump.

The one redeeming thing about it all is mostly red states get hurt

You would not have massive government without living off of Chinese sweatshop slaves. And those red states are more equipped to handle an economic downturn then you. For they have the products to survive. You have paperwork.

LOL we have the banks

 

[WillPower]

So suddenly who and where do you make this cheap products?

Trump make his products in China. I’m sure you do NOT know that.

It's amazing to me how stupid people ^^^^ depend on old lies. The first caps Trump gave out were made overseas....I was in the wholesale sportswear business for 30 years so pay attention because this is central to the issue. His people looked for and found a US manufacturer who tooled up to produce his caps....they are 100% American made, and well-constructed....not the cheap polyester crap from China we used to sell. I would prefer we tariffed China 25% on everything they try to sell here instead of making a deal. They'll cheat on any deal they make so why bother? Tariffs are easy to collect, can't be dodged, and go directly to the US treasury. That money can then be distributed to those who need to get off the China habit and use US manufacturing. In a year's time, China will give up on us and we'll become self-sufficient like we were for 200 years before the WTO made China into the slave-labor capital of the world.

 

[Slyhunter]

So suddenly who and where do you make this cheap products?

Trump make his products in China. I’m sure you do NOT know that.

It's amazing to me how stupid people ^^^^ depend on old lies. The first caps Trump gave out were made overseas....I was in the wholesale sportswear business for 30 years so pay attention because this is central to the issue. His people looked for and found a US manufacturer who tooled up to produce his caps....they are 100% American made, and well-constructed....not the cheap polyester crap from China we used to sell. I would prefer we tariffed China 25% on everything they try to sell here instead of making a deal. They'll cheat on any deal they make so why bother? Tariffs are easy to collect, can't be dodged, and go directly to the US treasury. That money can then be distributed to those who need to get off the China habit and use US manufacturing. In a year's time, China will give up on us and we'll become self-sufficient like we were for 200 years before the WTO made China into the slave-labor capital of the world.

Tariff the shit out of China goods so we can go back to Made in America.

 

[charwin95]

So suddenly who and where do you make this cheap products?

Trump make his products in China. I’m sure you do NOT know that.

It's amazing to me how stupid people ^^^^ depend on old lies. The first caps Trump gave out were made overseas...
1. I was in the wholesale sportswear business for 30 years so pay attention because this is central to the issue.

2. His people looked for and found a US manufacturer who tooled up to produce his caps....they are 100% American made, and well-constructed....not the cheap polyester crap from China we used to sell.

3. I would prefer we tariffed China 25% on everything they try to sell here instead of making a deal. They'll cheat on any deal they make so why bother? Tariffs are easy to collect, can't be dodged, and go directly to the US treasury. That money can then be distributed to those who need to get off the China habit and use US manufacturing. In a year's time, China will give up on us and we'll become self-sufficient like we were for 200 years before the WTO made China into the slave-labor capital of the world.

I’m in the medical instruments business. About 75% of my consumables are made in China since 1985.

Explain to me what made you think I’m stupid. You are just a Trump licker so no matter what Trump said lying or not you don’t know the differences.

1. You were in the wholesale sale business supporter of trump trade war. When there’s NO single industries or economists or GOPs that supports trump trade wars. If there is one name me one.
Since when buying your products at higher prices is acceptable?

2. Can you elaborate that? As far as we the Americans knew ( except Trumps supporters) his products are made in China or Bangladesh.

3. Right from Trump text book. You don’t know what you are talking about. You are lying. Name me one industries or anybody that supports your claim like I mentioned in my #1. I’ll wait.

Trade war losers are you and me. For ignorant people do not understand that.

Remember prices will increase across the board. Not just commodities but from services, hardwares, insurances softwares, hospitals. ALL THE WAY. WHO PAYS??? You and me.

Do you want me to explain that for you?

 

[charwin95]

So suddenly who and where do you make this cheap products?

Trump make his products in China. I’m sure you do NOT know that.

It's amazing to me how stupid people ^^^^ depend on old lies. The first caps Trump gave out were made overseas....I was in the wholesale sportswear business for 30 years so pay attention because this is central to the issue. His people looked for and found a US manufacturer who tooled up to produce his caps....they are 100% American made, and well-constructed....not the cheap polyester crap from China we used to sell. I would prefer we tariffed China 25% on everything they try to sell here instead of making a deal. They'll cheat on any deal they make so why bother? Tariffs are easy to collect, can't be dodged, and go directly to the US treasury. That money can then be distributed to those who need to get off the China habit and use US manufacturing. In a year's time, China will give up on us and we'll become self-sufficient like we were for 200 years before the WTO made China into the slave-labor capital of the world.

Tariff the shit out of China goods so we can go back to Made in America.

In order for me to be competitive like Trump and thousands of American companies. I could have made them here in California. Don’t you think?

 

[Wyatt earp]

If Obama slapped a tax that caused the cost of washing machines to rise 15%, I doubt conservatives would be praising him for taking money out of Americans' pockets.

But when Trump does it, his worshippers run to his defense because he is their orange God.

You do know we have a choice not to buy it right?

Not only that, despite the tariff's Trump has imposed, which have created a nice fresh robust stream of funds into US Treasury, WE aren't seeing price inflation, in fact the opposite, inflation is running well below, even the Fed's target.

How can this be? Easy, the foreign suppliers are compressing their mark ups, effectively paying the tariffs FOR the US Consumer.

Weird how the Left and the anti-Trumpers ALWAYS back the Chinese position even when reality falsifies it.

Why are you repeating T-Rumps lies about cash flow to the treasury from the tariffs? That is just plain stupid!!

Why are you denying the obvious and irrefutable?

Trumps lie was that the Chinese are paying . They are not. US importers are paying it and passing the cost on to consumers in many cases. That is not good for our economy.

That's the same thing how minimum wage works...the only difference is we don't have to buy the forgein goods

 

[Lesh]

So suddenly who and where do you make this cheap products?

Trump make his products in China. I’m sure you do NOT know that.

It's amazing to me how stupid people ^^^^ depend on old lies. The first caps Trump gave out were made overseas....I was in the wholesale sportswear business for 30 years so pay attention because this is central to the issue. His people looked for and found a US manufacturer who tooled up to produce his caps....they are 100% American made, and well-constructed....not the cheap polyester crap from China we used to sell. I would prefer we tariffed China 25% on everything they try to sell here instead of making a deal. They'll cheat on any deal they make so why bother? Tariffs are easy to collect, can't be dodged, and go directly to the US treasury. That money can then be distributed to those who need to get off the China habit and use US manufacturing. In a year's time, China will give up on us and we'll become self-sufficient like we were for 200 years before the WTO made China into the slave-labor capital of the world.

Tariff the shit out of China goods so we can go back to Made in America.

You realize of course that tariffs are a tax on YOU...right

 

[Marion Morrison]

'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, you know so much better, dipshit. That why you're not the president and all that, hmm?? Amirite?

 

[Lesh]

'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, you know so much better, dipshit. That why you're not the president and all that, hmm?? Amirite?

No. You're not "right".

And becoming President does NOT mean that everything he comes up with is brilliant...or in any way makes sense

You DO realize that he has no idea how tariffs or trade deficits work..right?