THE TRUMP 2024 THREAD

Yes you are. You think the working class doesn’t deserve a spot at the table.
They absolutely do.

But forcing everyone to pay more with higher taxes isn't good for American workers who will pay a higher share of their income in tariffs.

Why do you want the working class to pay higher taxes?
 

Over70irregs

Well-Known Member
Walmart and Delta are pulling their forecasts because of this trade uncertainty.

Imagine being an entrepreneur who was interested in investing in operations in the United States, or really anywhere for that matter. Wouldn't this turmoil give you pause?

Trump is risking freezing up commerce and destroying the global economy. What a :censored2:.
He also sold 5 Million $ residency.
 

newfie

Well-Known Member
And where does the fee go when it's paid by the importer?
options are

An importer facing tariffs has several options to manage the costs beyond simply passing them on to customers. Here are some alternatives:
  1. Absorb the Cost: The importer can reduce their profit margins by absorbing part or all of the tariff cost. This might be viable if they have sufficient financial flexibility or want to maintain competitive pricing.
  2. Negotiate with Suppliers: They could work with their overseas suppliers to lower the base cost of goods. Suppliers might agree to share the burden, especially if they risk losing business due to reduced demand.
  3. Source from Alternative Countries: The importer could shift sourcing to countries not subject to the same tariffs. For example, if tariffs target a specific nation, they might find similar goods elsewhere with lower or no tariffs.
  4. Optimize Supply Chain: Reducing logistics costs—like shipping, warehousing, or packaging—could offset tariff expenses. Streamlining operations or finding cheaper transport methods might help.
  5. Use Tariff Exemptions or Refunds: Some governments offer exemptions, drawbacks, or refunds for tariffs under specific conditions (e.g., re-exporting goods or using them in manufacturing). The importer could explore these programs.
  6. Improve Product Value: They could enhance the product (e.g., through branding, quality upgrades, or bundling) to justify a partial price increase to customers without fully passing on the tariff cost.
  7. Stockpile Pre-Tariff Inventory: If tariffs are anticipated, importers might buy and store goods in advance, delaying the cost impact. This depends on storage capacity and product shelf life.
  8. Shift to Domestic Suppliers: If feasible, sourcing locally avoids import tariffs entirely, though it might involve higher labor or production costs.
 
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