Trump Tariffs has Countries ready to retaliate?
- Thread starter Over70irregs
- Start date
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Bad Moon Risen'
Assuming Walmart can get some of their Chinese suppliers to decrease prices 10% we still tariff their
at around 54% so we would still be taxed at around 40+% to buy the crap. I have no problem if we want to charge the tariffs, just be honest with the consumer on who ultimately pays the higher prices.
Fred's Myth
Nonhyphenated American
So, because Trump, you ignore all other opinions of whether or not reciprocal tariffs work.Yes, Walmart or it's American suppliers pay the tariff. Walmart wants China to eat the costs but ultimately the burden is on Walmart. Bottom line is American consumers will ultimately pay the tax. It's a regressive tax that Trump doesn't give a
Your mind is like a steel trap.
Rusted shut.
The markets seem to think there is a chance of it being a long term thing.
as the matrix unfolds we see how we were lied to about tariffs
there is a lack of competition because a few corporations control everything, so they will use the tariffs as an excuse to price gouge.
i like you and i like tariffs.
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Bad Moon Risen'
Spending 5 or so days trolling around Lake Erie for walleye with my brother-in-law who is a big Trump supporter. Having some good banter back and forth on politics. For what it's worth he owns a commercial drywall company with 40+employees and will admit around 35 of them are undocumented.
So you think these tariffs might not last forever? If we're gonna replace the income tax with tariffs and then cancel the tariffs where does the revenue come from?
Why would a company invest millions to build a manufacturing plant in the US only to have the tariffs expire and again be undercut by cheaper foreign products? I see too much uncertainty in the future for many to make the move.
So you think these tariffs might not last forever? If we're gonna replace the income tax with tariffs and then cancel the tariffs where does the revenue come from?
Why would a company invest millions to build a manufacturing plant in the US only to have the tariffs expire and again be undercut by cheaper foreign products? I see too much uncertainty in the future for many to make the move.
fishtm2001
Well-Known Member
Conservative economists at the American Enterprise Institute say that when the Trump administration came up with these tariff rates, it neglected to use as a basis the elasticity in the response of import prices to tariffs, instead of retail prices and since the administration mixed that up, the entire computation is wrong and these tariff rates are set four times too high
AEI economists Kevin Corinth and Stan Veuger argue that had they used a correct calculation, then it “would reduce the tariffs assumed to be applied by each country to the United States to about a fourth of their stated level...
Our view is that the formula the administration relied on has no foundation in either economic theory or trade law.”
AEI economists Kevin Corinth and Stan Veuger argue that had they used a correct calculation, then it “would reduce the tariffs assumed to be applied by each country to the United States to about a fourth of their stated level...
Our view is that the formula the administration relied on has no foundation in either economic theory or trade law.”
Thebrownblob
Well-Known Member
Keir Starmer to admit globalisation has failed as tariff war rages
The prime minister will say the economic upheaval from Trump’s tariffs shows the government must ‘move further and faster’ to boost growth
www.thetimes.com
“Trump has done something that we don’t agree with but there’s a reason why people are behind him on this. The world has changed, globalisation is over and we are now in a new era. We’ve got to demonstrate that our approach, a more active Labour government, a more reformist government, can provide the answers for people in every part of this country.”
The center-left Starmer will announce on Sunday that he understands the reason why the economic nationalist framework imposed by the Trump tariffs is popular with voters.
As the rest of the world begins to realize the reality they will we have to get in line or forge their own path.
life expectancy falling because people in their working years with no college degree are dying deaths of despair
we have too much stuff being produced by too few companies in too few places @vantexan
Go buy your girlfriend a coffee and go for a walk Ricky. Lol.
Nobody is dying of despair.
newfie
Well-Known Member
you both can be right on this one. shipping and import fees are negotiated . importer usually pays. chinese company can pay if they want the sale bad enough and agree to it.
newfie
Well-Known Member
i can almost guarantee that with the volume that walmart buys the chinese would be more than happy to either pay the fees or reduce the product charges enough to cover the fees.Yes, Walmart or it's American suppliers pay the tariff. Walmart wants China to eat the costs but ultimately the burden is on Walmart. Bottom line is American consumers will ultimately pay the tax. It's a regressive tax that Trump doesn't give a
newfie
Well-Known Member
you would think that with a GF so attractive that Ricky would be nowhere near the BC
tourists24
Well-Known Member
He'll tell you he knows people are dying of despair because Chris Hedges told him so
newfie
Well-Known Member
i would think the process of negotiating with so many countries would take time.
about 8 years ago it was on the back cover of his book
but lori wallach agrees.
Might be for some countries. But markets recover over time as conditions change.
She covers herself so that he can concentrate on important things. So far it's not working.you would think that with a GF so attractive that Ricky would be nowhere near the BC
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