I would have thought the entrepreneurial spirit of the US would have had more appropriate conduit benders on the market.
Oh well.
Ask the Chinese to make some.
Strategic Tariffs: How to win without hurting the American consumer.
- Thread starter MarathonMike
- Start date
Oh well.
Ask the Chinese to make some.
I keep saying MAGAts won't pay for American labour and everyone keeps disagreeing with me while providing evidence for my argument.
Oh well.
eagle1462010
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eagle1462010
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eagle1462010
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shockedcanadian
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Woosh
They can buy it now. They won't. Just as they'll buy an exemption to keep buying cheap Chinese shit from Chump when the tariffs arrive.
eagle1462010
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And they put tariff on US goods and/or buy a lot less because they don't the dollars to spend. A lot of farmers got screwed last time, especially soy bean farmers, when China just started buying them from somewhere else. So there are other reasons--important reasons--to do it, but to think there isn't going to be some short-term economic costs to consumers and businesses is just naïve to say the least.
eagle1462010
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Not if we tariff that conduit and now can buy American Conduit at the same price.
Having to buy all these FACTORY 90s instead of bending them is costing the client more than had he bought American to begin with.
But BEAN COUNTERS LIKE YOU DONT SEE it from your desks.
Here you are right here. ENJOY
What the fuck does 'Buy an exemption' mean to you?
Chump did it last time with the tariffs. Donors got exemptions. Just how dumb are you?
New Research Shows Trump Administration Helped Donor Companies - WhoWhatWhy
New research shows that the Trump administration was more likely to award lucrative tariff exemptions to companies that contributed to Republicans and less likely to give them to those who donated to Democrats.
whowhatwhy.org
New research shows that the Trump administration was more likely to award lucrative tariff exemptions to companies that contributed to Republicans and less likely to give them to those who donated to Democrats.
eagle1462010
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I don't know why anyone was surprised tariffs were politicised/monetised in Chump's first administration. It will be no different this time around, except he'll have had practise at it.
whowhatwhy.org
New Research Shows Trump Administration Helped Donor Companies - WhoWhatWhy
New research shows that the Trump administration was more likely to award lucrative tariff exemptions to companies that contributed to Republicans and less likely to give them to those who donated to Democrats.
whowhatwhy.org
Investing in political connections during the Trump administration paid off for companies hoping to protect their products from tariffs, according to new research.
The researcher looked into “Section 301” tariffs, which were imposed on Chinese goods starting in 2018. They found that backers of Trump and the GOP were “significantly more likely to receive valuable exemptions” from these tariffs.
Companies that had donated to Democrats, on the other hand, were less likely to get exemptions.
“Our findings reveal that politicians not only use exemptions to reward their supporters, but also withhold exemptions to punish supporters of their opponents,” said Jesus Salas, one of the researchers who is an associate professor of finance at Lehigh University. “The tariff exemption grant process functioned as a very effective spoils system allowing the administration of the day to reward its political friends and punish its enemies.”
According to the research, which will be published in The Journal of Financial and Quantitative Analysis, the way the Trump administration allowed companies to request a tariff exemption made it easy to turn the process into a giveback for donors.
It was entirely up to the US Trade Representative (USTR) to make the determination who would qualify — without congressional oversight or an appeals process (it should be noted that, while there was clear evidence of partisan favoritism, the companies whose products actually met the criteria for exemptions were also more likely to earn them).
This was a marked difference to other programs that were put in place in the same year.
“Exemptions for the steel and aluminum tariffs were administered with greater transparency under the watch of a Commerce Department Inspector General and with congressional oversight,” according to the researchers.
In these cases, exemptions were granted much more fairly and did not appear to be tied to political donations.
To reach that determination, the researchers reviewed more than 7,000 applications for tariff exemption and cross-checked that information with lobbying and campaign contributions.
“While there is ample evidence in the broader literature that firms benefit from their political connections — with quid-pro-quo arrangements on both sides of the political aisle — this study is the first to document punishment for supporting the opposition,” said Salas.
In other words, campaign contributions and lobbying during the Trump administration paid off… if that money flowed into the right pockets.
While the tariffs themselves had a negative influence on the economy, the exemptions were quite lucrative.
Specifically, the companies reaped “abnormal returns of approximately 55 basis points in stock prices” within the first five days after announcing that they had “earned” the exemption.
While the research expected that benefit, the way these exemptions were used to punish businesses that gave to Democrats was not.
“The biggest surprise to us was that the US government was punishing firms that contribute to Democrats,” Salas said. “There is plenty of evidence that political connections are valuable to firms. The finding that the government could be vindictive to supporters of the opposition was very surprising to us.”
Chump makes money off them. They'll never end.
I'm staggered you think Chump is looking out for you.
eagle1462010
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eagle1462010
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Main exemptions on areas where the price to produce too extreme.I don't know why anyone was surprised tariffs were politicised/monetised in Chump's first administration. It will be no different this time around, except he'll have had practise at it.
New Research Shows Trump Administration Helped Donor Companies - WhoWhatWhy
New research shows that the Trump administration was more likely to award lucrative tariff exemptions to companies that contributed to Republicans and less likely to give them to those who donated to Democrats.Investing in political connections during the Trump administration paid off for companies hoping to protect their products from tariffs, according to new research.The researcher looked into “Section 301” tariffs, which were imposed on Chinese goods starting in 2018. They found that backers of Trump and the GOP were “significantly more likely to receive valuable exemptions” from these tariffs.Companies that had donated to Democrats, on the other hand, were less likely to get exemptions.“Our findings reveal that politicians not only use exemptions to reward their supporters, but also withhold exemptions to punish supporters of their opponents,” said Jesus Salas, one of the researchers who is an associate professor of finance at Lehigh University. “The tariff exemption grant process functioned as a very effective spoils system allowing the administration of the day to reward its political friends and punish its enemies.”According to the research, which will be published in The Journal of Financial and Quantitative Analysis, the way the Trump administration allowed companies to request a tariff exemption made it easy to turn the process into a giveback for donors.It was entirely up to the US Trade Representative (USTR) to make the determination who would qualify — without congressional oversight or an appeals process (it should be noted that, while there was clear evidence of partisan favoritism, the companies whose products actually met the criteria for exemptions were also more likely to earn them).This was a marked difference to other programs that were put in place in the same year.“Exemptions for the steel and aluminum tariffs were administered with greater transparency under the watch of a Commerce Department Inspector General and with congressional oversight,” according to the researchers.In these cases, exemptions were granted much more fairly and did not appear to be tied to political donations.To reach that determination, the researchers reviewed more than 7,000 applications for tariff exemption and cross-checked that information with lobbying and campaign contributions.“While there is ample evidence in the broader literature that firms benefit from their political connections — with quid-pro-quo arrangements on both sides of the political aisle — this study is the first to document punishment for supporting the opposition,” said Salas.In other words, campaign contributions and lobbying during the Trump administration paid off… if that money flowed into the right pockets.While the tariffs themselves had a negative influence on the economy, the exemptions were quite lucrative.Specifically, the companies reaped “abnormal returns of approximately 55 basis points in stock prices” within the first five days after announcing that they had “earned” the exemption.While the research expected that benefit, the way these exemptions were used to punish businesses that gave to Democrats was not.“The biggest surprise to us was that the US government was punishing firms that contribute to Democrats,” Salas said. “There is plenty of evidence that political connections are valuable to firms. The finding that the government could be vindictive to supporters of the opposition was very surprising to us.”
Raising our labor wages just makes that worse.
Tariffs under Biden were HIGHER than Trump and he added more to get more Revenue.
Guess you ignore that due to TDS
Bottom line we need to produce here for our own National Security. Covid PROVED THAT unless you are blind.
In the article, slack jawed yokel. Lehigh University.
New research set to be published in The Journal of Financial and Quantitative Analysis reveals that politically connected companies were significantly more likely to receive valuable exemptions from the tariffs imposed on U.S. imports from China during the Trump administration.
So typical of a slack jawed yokel to ask for links that are already supplied in an article he hasn't read and therefore a link he hasn't checked.
You'll love tariffs.
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