Trump tariffs are going to cost Americans an average of $2000 in 2020

Discussion in 'Politics' started by Billy000, Sep 8, 2019.

  1. Cellblock2429
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    Cellblock2429 Gold Member Gold Supporting Member Supporting Member

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    /——/
    Reasonable Markup to Distributors - tom-gray.com
    [​IMG]
    Wholesaler markups average 20% and will not exceed 30-40%, according to The Average ProfitMargin for Wholesale | Small Business - Chron.com.
     
  2. bendog
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    bendog Platinum Member

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    And this is the good news. LOL
     
  3. Vandalshandle
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    Vandalshandle Gold Member

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    There is one hell of a difference between "Markup" and "Profit margin". You obviously have never owned a business of your own.
     
  4. mikegriffith1
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    mikegriffith1 Mike Griffith

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    You do realize that until Obama got elected, many leading Democrats vocally supported protectionism/higher tariffs, especially on China, right? Even under Obama, some Democrats, such as Chuck Schumer, openly called for a strongly protectionist trade policy toward China.

    If tariffs are so bad, how did the U.S. become the world's leading economic powerhouse during all those decades when we had an ardently high-tariff trade policy? How'd that happen? How have and other nations prospered while following a high-tariff trade policy?

    But now, reflexively, robotically, most Democrats whine about Trump's America-first high-tariff trade policy just because he's the one doing it.

    [​IMG]
     
  5. Vandalshandle
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    Vandalshandle Gold Member

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    Well, now, seeing as how America is the "world's leading economic powerhouse", one has to wonder:
    1. Why Trumpettes feel that it is necessary to "Make America Great", and
    2. Why the" world's greatest economic powerhouse" needs to start a trade war with China, and
    3. Why isn't all the federal revenue from tariff taxes distributed back to the people who ultimately paid it to the government, the consumers?
     
  6. Cellblock2429
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    Cellblock2429 Gold Member Gold Supporting Member Supporting Member

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    /—-/ Yes I know the difference between mark up and margin since I was in the business for decades. Geeeze give it up already.
     
  7. bear513
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    bear513 Diamond Member

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    Why do you hate good Union jobs?

    .
     
  8. OnePercenter
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    OnePercenter Gold Member

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    Wholesale electronics.
     
  9. Dana7360
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    Dana7360 Platinum Member

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    No the bush boy didn't get into a tariff war with China.

    He did impose tariffs on steel in 2002.

    However when he saw that it was damaging the economy and jobs, he repealed those tariffs in 2003.
     
  10. HereWeGoAgain
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    HereWeGoAgain Diamond Member

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    And what made you increase your prices?
     

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