Tariff sticker shock

A number of folks are getting lessons in who pays tariffs, and they aren't enjoying the experience.

We tied to tell them who was gonna pay, but they didn't listen, and now they are paying.

Nicholas Gilbert, a dairy farmer who operates Adon Farms in upstate New York, experienced tariff sticker shock when a routine shipment of cow feed from Ontario cost him $2,200 more than expected.

“I’m not even sure it’s legal! We contracted for the price on delivery,” he told The Atlantic. “If your price of fuel goes up or your truck breaks down, that’s not my problem! That’s what the contract’s for.”

Unfortunately for Gilbert, the tariff is very much legal. Like many American business owners, he mistakenly believed that tariffs on imported goods would be paid by the foreign exporter.

"mistakenly"? It's because he was lied to.

Why didn't he look for a American supplier? Trump gave everyone plenty of time to find different suppliers. Sounds like the usual liberal lies.
 
Why didn't he look for a American supplier? Trump gave everyone plenty of time to find different suppliers. Sounds like the usual liberal lies.
Because he believed the RWNJ media when they told him the shipper would pay the tariff.
 
No, son. He can only tax the importer.
the tax is on the good or service from the foreign supplier. For example if a company needs wiggle, there is no tax on wiggles made in America, or tariff on wiggles made in Country A, but there is a tariff on wiggles from China. Therefore the tax is only paid on Chinese wiggles.
 
A number of folks are getting lessons in who pays tariffs, and they aren't enjoying the experience.

We tied to tell them who was gonna pay, but they didn't listen, and now they are paying.

Nicholas Gilbert, a dairy farmer who operates Adon Farms in upstate New York, experienced tariff sticker shock when a routine shipment of cow feed from Ontario cost him $2,200 more than expected.

“I’m not even sure it’s legal! We contracted for the price on delivery,” he told The Atlantic. “If your price of fuel goes up or your truck breaks down, that’s not my problem! That’s what the contract’s for.”

Unfortunately for Gilbert, the tariff is very much legal. Like many American business owners, he mistakenly believed that tariffs on imported goods would be paid by the foreign exporter.

"mistakenly"? It's because he was lied to.


The left is cheering corporate greed now.

Just as we knew they would.
 
the tax is on the good or service from the foreign supplier. For example if a company needs wiggle, there is no tax on wiggles made in America, or tariff on wiggles made in Country A, but there is a tariff on wiggles from China. Therefore the tax is only paid on Chinese wiggles.
By the person importing them.
 
The left is cheering corporate greed now.

Just as we knew they would.
WTF are you babbling about?

That's the second time I've typed that in the last 20 minutes.

You people are going off the deep end here.
 

Dozen states sue Trump in bid to block new tariffs​

A dozen states sued President Donald Trump and his administration on Wednesday, seeking a court order declaring that his new tariffs on foreign imports are illegal.

“The president does not have the power to raise taxes on a whim, but that’s exactly what President Trump has been doing with these tariffs,” New York Attorney General Letitia James said in a statement on the lawsuit.

The suit was filed in the U.S. Court of International Trade in Washington, D.C.

It argues that a president has no authority to arbitrarily impose tariffs under the International Emergency Economic Powers Act, the U.S. law that Trump has cited in executing his tariff policy.

The civil complaint comes more than a week after a group of five small businesses filed a similar lawsuit against Trump in the same court, challenging the legality of the new tariffs on the same grounds.


I believe this is the third suit filed against Dotard's idiocy.
 
On the Chinese products. This is why China is so mad
All of tRump tariffs are actually on the American people.

Wake up and smell the damn reality, kid.
 
All of tRump tariffs are actually on the American people.

Wake up and smell the damn reality, kid.
If you don’t buy from China you won’t get the tariff

Do you really not get this?
 
If you don’t buy from China you won’t get the tariff

Do you really not get this?
Or Canada.

Or Mexico.

Or the UK.

Or the EU.

Or Sweden.

Or Denmark.

Or Cambodia.

Or Vietnam.

Or Laos.

Or Madagascar.

Or Thailand.

Or Burma.

Or Myanmar.

Or Syria.

Or Iraq.

Or Iran.

Or Fiji.

Or Angola.

Or Serbia.

Or Pakistan.

Or Bosnia.

Or Switzerland.

Or South Africa.

Or Taiwan.

Or Israel.

Or Botswana.

Or even the Penguins on Heard Island.
 
I think you are confused. Businesses pay many taxes, I know of no so called "business tax" and I see no similarities to them paying their taxes and tRump scalping anyone importing something from Canada.
Corporation tax.
 
And it takes time to set up credit and get orders processed and deliveries made… if you can get the product asap decent price.

Business isn’t your “thing” is it?
I have a Limited Company (UK). Setting up credit terms and getting a delivery just takes a day or two. Usually credit terms are sorted same day. O e supplier, I filled the form in, handed it over the counter, he put it in the system, account set up, got the goods I needed and that was that in about 30 to 45 mins. Sounds like business is slow in the US.
 
Or Canada.

Or Mexico.

Or the UK.

Or the EU.

Or Sweden.

Or Denmark.

Or Cambodia.

Or Vietnam.

Or Laos.

Or Madagascar.

Or Thailand.

Or Burma.

Or Myanmar.

Or Syria.

Or Iraq.

Or Iran.

Or Fiji.

Or Angola.

Or Serbia.

Or Pakistan.

Or Bosnia.

Or Switzerland.

Or South Africa.

Or Taiwan.

Or Israel.

Or Botswana.

Or even the Penguins on Heard Island.
How about buy American?

Oh wait, you hate America
 
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