Trump goes TACO max as his policies implode

[Hollie]

China is thriving.Trump just caved.

China is not thriving. You should understand your pointless babbling makes you a buffoon.

 

[martybegan]

Tariffs are paid by US consumers.Sales tax.

Only if 100% of the cost is passed onto the Consumer.

Improved efficiencies, lowering profit margin can also be done.

 

[C_Clayton_Jones]

12bn bailout for farmers is odd as he told us China was buying lots of beans a few weeks ago.
Then there is selling chips which he put a block on at the same time.

Its almost like he hasnt a clue.
Of course China is buying its beans from Argentina. Maybe they are better beans ?

Economics Jim. but not as we know it.

Fox News Star Hits Trump With Cold Truth About Bailout: ‘There’s No Getting Around That’

The president announced a $12 billion aid package for farmers who have suffered under his own controversial policies.

uk.news.yahoo.com

A bailout made necessary the consequence of Trump's idiotic tariffs.

 

[Tommy Tainant]

Only if 100% of the cost is passed onto the Consumer.

Improved efficiencies, lowering profit margin can also be done.

At least you admit that China aint paying.

 

[Mac1958]

Holy crap.

Again: The tariff is paid at the Port of Entry by the IMPORTING COMPANY, not by the other country. Not by anybody else. It is not complicated.

The IMPORTING COMPANY, for example, Wal Mart, has its costs of doing business increased by that amount. So then it's up to THE IMPORTING COMPANY to decide what to do to mitigate those increased costs.

It can mitigate its increased costs by (a) trying to renegotiate with vendors, (b) changing or eliminating future purchases, (c) instituting layoffs, (d) freezing hiring, (e) slashing current and/or future planned capital expenditures, (f) finding additional ways to internally increase its efficiences, and/or (g) increase prices at the retail level. We are seeing the layoffs and hiring freezes already.

THAT'S how tariffs work. The money that Trump is bragging about is coming from AMERICAN COMPANIES. AMERICAN EMPLOYERS. The IMPORTING COMPANY pays the tariffs when they arrive here. It then has to find ways to deal with the increased costs. So when Trump LIES and says that the OTHER COUNTRIES are paying the tariffs, HE IS LYING.

But I know, Trump lying on a critical issue doesn't matter. We're all just used to it.

 

[Tommy Tainant]

China is not thriving. You should understand your pointless babbling makes you a buffoon.

taco

 

[martybegan]

At least you admit that China aint paying.

China is paying if they are the producer or the shipper or the exporter if they eat some of the costs.

 

[Hollie]

taco

Pointless.

 

[Papageorgio]

12bn bailout for farmers is odd as he told us China was buying lots of beans a few weeks ago.
Then there is selling chips which he put a block on at the same time.

Its almost like he hasnt a clue.
Of course China is buying its beans from Argentina. Maybe they are better beans ?

Economics Jim. but not as we know it.

Fox News Star Hits Trump With Cold Truth About Bailout: ‘There’s No Getting Around That’

The president announced a $12 billion aid package for farmers who have suffered under his own controversial policies.

uk.news.yahoo.com

We shouldn’t give a dime to Argentina, Ukraine, Israel, Palestine or illegal immigrants, we need that money to help fellow Americans that are struggling, then after we are whole, we can then maybe help the world.

Not sure why Presidents love to ship money to other countries while our citizens struggle.

 

[Hollie]

taco

You really are a moron.

China's economy on cusp of a deflationary death spiral - Asia Times

China is sliding deeper into economic weakness that is being worsened by its response to external shocks. Tariffs are drying up international demand

asiatimes.com

 

[Mac-7]

Holy crap.

Again: The tariff is paid at the Port of Entry by the IMPORTING COMPANY, not by the other country. Not by anybody else. It is not complicated.

The IMPORTING COMPANY, for example, Wal Mart, has its costs of doing business increased by that amount. So then it's up to THE IMPORTING COMPANY to decide what to do to mitigate those increased costs.

It can mitigate its increased costs by (a) trying to renegotiate with vendors, (b) changing or eliminating future purchases, (c) instituting layoffs, (d) freezing hiring, (e) slashing current and/or future planned capital expenditures, (f) finding additional ways to internally increase its efficiences, and/or (g) increase prices at the retail level. We are seeing the layoffs and hiring freezes already.

THAT'S how tariffs work. The money that Trump is bragging about is coming from AMERICAN COMPANIES. AMERICAN EMPLOYERS. The IMPORTING COMPANY pays the tariffs when they arrive here. It then has to find ways to deal with the increased costs. So when Trump LIES and says that the OTHER COUNTRIES are paying the tariffs, HE IS LYING.

But I know, Trump lying on a critical issue doesn't matter. We're all just used to it.

Why is mac1958 telling us facts that we already know?

 

[Hafar1014]

Wrong.

Hafar1014 ?

Thats not my post. Manufacturers do pay the tariffs as well as sellers

 

[Hafar1014]

Tariffs are paid by US consumers.Sales tax.

Manufacturers pay them. Consumers wont pay high prices demand drops inventories increase then prices drop.

 

[Mac1958]

Thats not my post. Manufacturers do pay the tariffs as well as sellers

The exporters DO NOT PAY any of the tariffs. The IMPORTING COMPANY does. THAT'S IT.

The tariff is paid AT THE PORT OF ENTRY BY THE IMPORTING COMPANY. The shipment cannot be released to the importer UNLESS AND UNTIL THEY PAY THE TARIFF.

THAT'S IT.

 

[citygator]

Manufacturers pay them. Consumers wont pay high prices demand drops inventories increase then prices drop.

NO. Prices go UP and demand DROPS. Prices do not go back down. The production is set at a lower production level to the higher price. We know what the customer will do with higher prices, buy less. It’s still more profitable to produce less and sell at higher prices.

So now you have lower GDP and higher prices. Awesome work Republicans. Proving once again all the GOP is good for is ruining economies.

 

[Mashmont]

Holy crap.

Again: The tariff is paid at the Port of Entry by the IMPORTING COMPANY, not by the other country. Not by anybody else. It is not complicated.

The IMPORTING COMPANY, for example, Wal Mart, has its costs of doing business increased by that amount. So then it's up to THE IMPORTING COMPANY to decide what to do to mitigate those increased costs.

It can mitigate its increased costs by (a) trying to renegotiate with vendors, (b) changing or eliminating future purchases, (c) instituting layoffs, (d) freezing hiring, (e) slashing current and/or future planned capital expenditures, (f) finding additional ways to internally increase its efficiences, and/or (g) increase prices at the retail level. We are seeing the layoffs and hiring freezes already.

THAT'S how tariffs work. The money that Trump is bragging about is coming from AMERICAN COMPANIES. AMERICAN EMPLOYERS. The IMPORTING COMPANY pays the tariffs when they arrive here. It then has to find ways to deal with the increased costs. So when Trump LIES and says that the OTHER COUNTRIES are paying the tariffs, HE IS LYING.

But I know, Trump lying on a critical issue doesn't matter. We're all just used to it.

And now for reality. What really happens is countries lower their prices to accommodate for the tariffs, so that we will continue to buy their goods. They pay. We don't. It is not complicated.

From an Alibaba Merchant:

Dear Mashmont.
We are sorry to hear you are displeaced (sic) about the need for us to increase our prices due to the US tariffs. We want you to know we have returned our prices to their previous level. We will hoping (sic) you will order with us again.

Sincerely,
Kevin Wu.

 

[Mac1958]

NO. Prices go UP and demand DROPS. Prices do not go back down. The production is set at a lower production level to the higher price. We know what the customer will do with higher prices, buy less. It’s still more profitable to produce less and sell at higher prices.

So now you have lower GDP and higher prices. Awesome work Republicans. Proving once again all the GOP is good for is ruining economies.

This what I get for engaging. I should know better. BAD Mac, BAD.

They'll argue all day about shit they don't even understand.

 

[Tommy Tainant]

The exporters DO NOT PAY any of the tariffs. The IMPORTING COMPANY does. THAT'S IT.

The tariff is paid AT THE PORT OF ENTRY BY THE IMPORTING COMPANY. The shipment cannot be released to the importer UNLESS AND UNTIL THEY PAY THE TARIFF.

THAT'S IT.

Thats a good efffort but could you make it simpler for maga to understand ?

 

[Mashmont]

Thats a good efffort but could you make it simpler for maga to understand ?

It's also untrue.

 

[Tommy Tainant]

It's also untrue.

Ive asked him to make it clearer for you.