Tariff sticker shock

[Cellblock2429]

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.

https://finance.yahoo.com/news/im-not-even-sure-legal-010000861.html

/---/ Tough news for you, dumbass.
BREAKING: Trump has received 18 written offers from countries on trade, won’t allow ‘rushed deals,’ White House’s Kevin Hasset has said.

 

[Jim H - VA USA]

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.

https://finance.yahoo.com/news/im-not-even-sure-legal-010000861.html

Actually, it seems that Main Street is supportive....



It should work out very positively for Americans. The current status quo of funding Chinese workers instead of Americans is not sustainable.

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