AOC roasted over post about Colombia tariffs and coffee prices that 'aged like hot milk'...finally a journalist who understands/explains tariffs.

The AOC comment and her misguided aplomb attitude which was supported by the Columbian president. I wish to draw attention to an important few sentences of text within by the journalist in the article which encapsulates to a lesser degree what I have stated here in a similar manner, that of how tariffs function, at least technically; which I admit can emit a lugubrious (often misplaced) sentiment.

Now, there is more to this definition but even if the author wanted to provide deeper details, she is limited in her scope of the article, space and time to publish it of course. In this example it is coffee which is a product not produced in the U.S I presume, so the example given in the article is most accurate. However, if it were a product that could be manufactured in the U.S it would have the same effect, local companies would be able to compete at a similar price point IF the importer decided to pass on all of the tariff to the consumer and thus a domestic company might consider entering the market (or foreign company shifts jobs to the U.S) as the profit margins might be there.

So, assuming a tariff gives a big advantage to the local manufacturer, the bigger the tariff, the larger a foreign manufacturer must cut into their profit margins to maintain market share and the wider the degree of incentive a domestic sourced employer can leverage to try and enter the market and compete with the foreign company.

As coffee isn't produced in America it would open up the same competitive advantage but in this instance it would come from other nations who also produce coffee.

From the article:

"While tariffs do have the potential to inflate prices, the importer, which is the company or entity bringing the goods into the U.S., will pay the actual tariff to U.S. Customs and Border Protection (CBP).
C
But inflated prices are not guaranteed – sometimes, tariffs can reduce the world price of an object as suppliers rush to retain access to the large U.S. market. It is possible that coffee suppliers in different countries, such as Vietnam and Brazil – which produce more coffee than Colombia – would lower or maintain their prices."

Coffee is grown and produced in HI.
 
Last I checked coffee beans are grown in other countries than Columbia you can buy from them.
You're assuming a demand-constrained market.
As consumers flock to other suppliers, those other suppliers will raise prices due to supply constraints.

on the flip side, when Colombians stop buying US products, our producers will lose customers.
 
The AOC comment and her misguided aplomb attitude which was supported by the Columbian president. I wish to draw attention to an important few sentences of text within by the journalist in the article which encapsulates to a lesser degree what I have stated here in a similar manner, that of how tariffs function, at least technically; which I admit can emit a lugubrious (often misplaced) sentiment.

Now, there is more to this definition but even if the author wanted to provide deeper details, she is limited in her scope of the article, space and time to publish it of course. In this example it is coffee which is a product not produced in the U.S I presume, so the example given in the article is most accurate. However, if it were a product that could be manufactured in the U.S it would have the same effect, local companies would be able to compete at a similar price point IF the importer decided to pass on all of the tariff to the consumer and thus a domestic company might consider entering the market (or foreign company shifts jobs to the U.S) as the profit margins might be there.

So, assuming a tariff gives a big advantage to the local manufacturer, the bigger the tariff, the larger a foreign manufacturer must cut into their profit margins to maintain market share and the wider the degree of incentive a domestic sourced employer can leverage to try and enter the market and compete with the foreign company.

As coffee isn't produced in America it would open up the same competitive advantage but in this instance it would come from other nations who also produce coffee.

From the article:

"While tariffs do have the potential to inflate prices, the importer, which is the company or entity bringing the goods into the U.S., will pay the actual tariff to U.S. Customs and Border Protection (CBP).

But inflated prices are not guaranteed – sometimes, tariffs can reduce the world price of an object as suppliers rush to retain access to the large U.S. market. It is possible that coffee suppliers in different countries, such as Vietnam and Brazil – which produce more coffee than Colombia – would lower or maintain their prices."

lugubrious :206:

That's deep.

😭
 
You support him. I don't give a shit if you voted for dryer lint..dumbass. :auiqs.jpg::auiqs.jpg:

I support various Conservative policies. I don't support every thing Republicans do. Loons like you will support every idiotic move your lefty masters can think of.
 
You're assuming a demand-constrained market.
As consumers flock to other suppliers, those other suppliers will raise prices due to supply constraints.

on the flip side, when Colombians stop buying US products, our producers will lose customers.
Columbians have no other sources for our products, while we have plenty of sources for their products. Their standard of living will crash, while ours might be impacted just a little. However, we won't have their criminals on our streets. They are taking them back, so the whole tariff threat turns out to be 100% effective. Have a nice day!
 
Hopefully New York's 14th congressional district constituency will see the light & replace AOC with a constitutionally based Representative.

Doubtful....NY is hooked on populism.
The guy she unseated was a fairly straightforward operator with a good record.
 
The AOC comment and her misguided aplomb attitude which was supported by the Columbian president. I wish to draw attention to an important few sentences of text within by the journalist in the article which encapsulates to a lesser degree what I have stated here in a similar manner, that of how tariffs function, at least technically; which I admit can emit a lugubrious (often misplaced) sentiment.

Now, there is more to this definition but even if the author wanted to provide deeper details, she is limited in her scope of the article, space and time to publish it of course. In this example it is coffee which is a product not produced in the U.S I presume, so the example given in the article is most accurate. However, if it were a product that could be manufactured in the U.S it would have the same effect, local companies would be able to compete at a similar price point IF the importer decided to pass on all of the tariff to the consumer and thus a domestic company might consider entering the market (or foreign company shifts jobs to the U.S) as the profit margins might be there.

So, assuming a tariff gives a big advantage to the local manufacturer, the bigger the tariff, the larger a foreign manufacturer must cut into their profit margins to maintain market share and the wider the degree of incentive a domestic sourced employer can leverage to try and enter the market and compete with the foreign company.

As coffee isn't produced in America it would open up the same competitive advantage but in this instance it would come from other nations who also produce coffee.

From the article:

"While tariffs do have the potential to inflate prices, the importer, which is the company or entity bringing the goods into the U.S., will pay the actual tariff to U.S. Customs and Border Protection (CBP).

But inflated prices are not guaranteed – sometimes, tariffs can reduce the world price of an object as suppliers rush to retain access to the large U.S. market. It is possible that coffee suppliers in different countries, such as Vietnam and Brazil – which produce more coffee than Colombia – would lower or maintain their prices."

Yeah they grow coffee all over the world

From Africa to Asia to the Caribbean
I have a thing for Dominican coffee anyway
 
Except..she didn't.
Next??
Keep smoothing over incompetence. Keep uplifting the not so good over what is good. Your handiwork is spreading all over the land and world as scorched earth takes hold.
 
Columbians have no other sources for our products, while we have plenty of sources for their products. Their standard of living will crash, while ours might be impacted just a little. However, we won't have their criminals on our streets. They are taking them back, so the whole tariff threat turns out to be 100% effective. Have a nice day!
BINGO
 
The AOC comment and her misguided aplomb attitude which was supported by the Columbian president. I wish to draw attention to an important few sentences of text within by the journalist in the article which encapsulates to a lesser degree what I have stated here in a similar manner, that of how tariffs function, at least technically; which I admit can emit a lugubrious (often misplaced) sentiment.

Now, there is more to this definition but even if the author wanted to provide deeper details, she is limited in her scope of the article, space and time to publish it of course. In this example it is coffee which is a product not produced in the U.S I presume, so the example given in the article is most accurate. However, if it were a product that could be manufactured in the U.S it would have the same effect, local companies would be able to compete at a similar price point IF the importer decided to pass on all of the tariff to the consumer and thus a domestic company might consider entering the market (or foreign company shifts jobs to the U.S) as the profit margins might be there.

So, assuming a tariff gives a big advantage to the local manufacturer, the bigger the tariff, the larger a foreign manufacturer must cut into their profit margins to maintain market share and the wider the degree of incentive a domestic sourced employer can leverage to try and enter the market and compete with the foreign company.

As coffee isn't produced in America it would open up the same competitive advantage but in this instance it would come from other nations who also produce coffee.

From the article:

"While tariffs do have the potential to inflate prices, the importer, which is the company or entity bringing the goods into the U.S., will pay the actual tariff to U.S. Customs and Border Protection (CBP).

But inflated prices are not guaranteed – sometimes, tariffs can reduce the world price of an object as suppliers rush to retain access to the large U.S. market. It is possible that coffee suppliers in different countries, such as Vietnam and Brazil – which produce more coffee than Colombia – would lower or maintain their prices."


Oh, you can bet prices will go up. Countless CEOS have been caught publically bragging about how they're raising food prices even when there was no justification for it. You think a company is going to bear the brunt of losing a single penny without passing it onto consumers? LOL
 
You're assuming a demand-constrained market.
As consumers flock to other suppliers, those other suppliers will raise prices due to supply constraints.

on the flip side, when Colombians stop buying US products, our producers will lose customers.
As the situation was resolved in about four hours, I believe everyone including AOC can stop the hysterics.
 
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