Trump inks EU trade deal. His tariff strategy is working as planned.

[Nostra]

Trump throws American employers under the bus, and the rubes cheer.

Where is all the rampant inflation your Cult predicted Mr. 30%?

 

[Crepitus]

...and a 15% tariff on things going to the EU. Why do you people only read what you want to read?

If the manufacturing comes to the US, and we use US provided supplies, no tariffs will be paid.

The whole point is to drive our economy based on making things. Not importing them.

We sell widgets to the EU at whatever the EU tariffs were and end up paying that while the EU is free to ship their products, tariff free, into the US.

Not even close to fair or even free.

Now it will change for the better.

However, like the other leftist clown, I'd rather go speak to someone educated on this and you clowns on the left are not educated in much more than, "Mommy, can I have that?"

 

[Mac1958]

Where is all the rampant inflation your Cult predicted Mr. 30%?

You're free to show me anywhere I said that, but you won't. Just like you couldn't show me the 30% crap you claimed I said.

You're weak. And you're boring. And you're dismissed. I've laid enough waste to your crowing.

 

[Crepitus]

Read through the thread.

Pretty amazing.

Not surprising, of course, but amazing.

It's no wonder these dolts voted for tRump. They really don't understand the most basic things abut trade and economics. Not a clue.

 

[multivita-man]

As far as Tariffs goes, it was a push.

They charge us 15%, we charge them 15%.

There are already those asking why we needed the tariffs if it was a push.

The key is what is opened in Europe, not the percent amount of the tariffs.

A good deal keeps both sides in balance, and there WERE markets in the EU that were closed to us. They no longer are.

The US has been fully open to the EU for decades. Now the tariffs make it fair and balanced.

The real key is whether it erases our trade deficit when it comes to goods (e.g., cars, pharmaceuticals, aircraft, machinery, etc.). There might be a push to move some of the goods that are assembled in, say, Mexico or Canada into the United States, but tariffs likely make it harder to export, too.

We may likely lose ground in the services sector, where the US actually runs a pretty solid surplus.

 

[Mac1958]

It's no wonder these dolts voted for tRump. They really don't understand the most basic things abut trade and economics. Not a clue.

Dunning-Kruger, all day, every day.

 

[Nostra]

You're free to show me anywhere I said that, but you won't. Just like you couldn't show me the 30% crap you claimed I said.

You're weak. And you're boring. And you're dismissed. I've laid enough waste to your crowing.

If they pay 15% more AFTER paying the 15% tariff you are claiming they are paying 30%.

Find a retarded third grader to do the math for ya, Short bus.

So American employers have to pay 15% more now after paying the tariff?

Yes or no?

 

[multivita-man]

Where is all the rampant inflation your Cult predicted Mr. 30%?

Tariffs will make inflation happen over time. It's a matter of how much. Companies may eat the costs, but that also means less in terms of corporate profit margins.

 

[Nostra]

It's no wonder these dolts voted for tRump. They really don't understand the most basic things abut trade and economics. Not a clue.

You are sucking the dick if a moron who can’t add 15 and 15.

 

[Crepitus]

You are sucking the dick if a moron who can’t add 15 and 15.

Once more, this time in English please?

 

[Twisted Gypsy Child]

U.S. and EU reach a trade deal that sets 15% tariff rate and pledges hundreds of billions in investments | Fortune

Trump said the EU will invest $600 billion in the U.S. and buy $750 billion worth of U.S. energy products.

fortune.com

A deal with one of America’s biggest trade partners removes a key source of market uncertainty and removes the threat of a damaging trade war.

I like 15% tariffs, they don't hit US consumers.

tariffs are a tax paid by the consumer

 

[IM2]

...and a 15% tariff on things going to the EU. Why do you people only read what you want to read?

If the manufacturing comes to the US, and we use US provided supplies, no tariffs will be paid.

The whole point is to drive our economy based on making things. Not importing them.

We sell widgets to the EU at whatever the EU tariffs were and end up paying that while the EU is free to ship their products, tariff free, into the US.

Not even close to fair or even free.

Now it will change for the better.

However, like the other leftist clown, I'd rather go speak to someone educated on this and you clowns on the left are not educated in much more than, "Mommy, can I have that?"

I don't think the tariffs are reciprocal like that. You apparently don't understand how things are made today. There are supplies we need to make what we do that we must import. You will learn. Because if blanket tariffs are so successful, we would have been using them all along.

 

[Nostra]

Once more, this time in English please?

 

[Mac1958]

Once more, this time in English please?

In summary, either I don't know what 15+15 equals (even though I didn't say anything like that), or he's trying to put me on the defensive and change the subject after I inserted a little reality into his latest fevered Trump circle jerk. One of the two.

Anyway, I can't quite tell if they're still somehow stunningly ignorant about how tariffs work, or if they're just lying to obediently protect their new Christ. Do you have any guesses there?

 

[leftwinger]

So American employers have to pay 15% more now after paying the tariff?

Yes or no?

Stuff it cheese balls. Quit throwing sand in the Vaseline. Maybe not perfect but has to better than the one way dead end setup prior.

What did your Obiden boys do to help American economy/jobs etc? You frost people's rear ends with your on-going snark. Trump has ran billion dollar companies. He knows some of the hurdles.

 

[leftwinger]

Who pays the 15% on products coming to the USA?

It's not American companies, the importers?

Stupid OX. They can drop prices to compensate. They can make it here. American suppliers can take over the product line. Some things like textiles (clothing) are probably going to cost more from import tax. Just SHUP. Let it play out 3.5 yrs. Help out or get out Benedict Utah.

 

[leftwinger]

Why not?

Who is paying the tariff, then?

The importers eat it or raise cost of goods. If they raise too much they dont sell. Guess I dont need that $98 footstool made in China? Go to bed Benidick Utah.

 

[kyzr]

tariffs are a tax paid by the consumer

1. Not if they buy American
2. Its more complex than "consumers pay"

Understanding Tariff Payments​

Who Pays Tariffs?​

Tariffs are taxes imposed on imported goods, and the responsibility for paying these tariffs typically falls on the importer of record, which is usually the U.S. buyer or their agent.

Economic Impact of Tariffs​

• Importers: U.S. companies that import goods pay the tariffs directly to the government when the goods enter the country.
• Consumers: Importers often pass these costs onto consumers, leading to higher prices for goods. Studies indicate that U.S. consumers and firms bear the full burden of tariffs, with estimates suggesting an average cost of over $2,300 per household annually due to increased prices.
• Foreign Suppliers: In some cases, foreign suppliers may absorb part of the tariff costs by lowering their prices to maintain competitiveness, but this is less common with recent tariffs.

Contractual Agreements​

The specific payment responsibility can vary based on contractual agreements between U.S. buyers and foreign suppliers. Terms like Delivered Duty Paid (DDP) mean the seller pays the tariffs, while terms like Free on Board (FOB) place the burden on the buyer.

Summary of Payment Responsibilities​

Party	Responsibility
Importers	Pay tariffs directly to the government
Consumers	Likely to pay higher prices due to tariffs
Foreign Suppliers	May absorb costs depending on contracts

Overall, while tariffs are officially paid by importers, the economic burden is often shared with consumers through increased prices.

 

[Twisted Gypsy Child]

1. Not if they buy American
2. Its more complex than "consumers pay"

Understanding Tariff Payments​

Who Pays Tariffs?​

Tariffs are taxes imposed on imported goods, and the responsibility for paying these tariffs typically falls on the importer of record, which is usually the U.S. buyer or their agent.

Economic Impact of Tariffs​

• Importers: U.S. companies that import goods pay the tariffs directly to the government when the goods enter the country.
• Consumers: Importers often pass these costs onto consumers, leading to higher prices for goods. Studies indicate that U.S. consumers and firms bear the full burden of tariffs, with estimates suggesting an average cost of over $2,300 per household annually due to increased prices.
• Foreign Suppliers: In some cases, foreign suppliers may absorb part of the tariff costs by lowering their prices to maintain competitiveness, but this is less common with recent tariffs.

Contractual Agreements​

The specific payment responsibility can vary based on contractual agreements between U.S. buyers and foreign suppliers. Terms like Delivered Duty Paid (DDP) mean the seller pays the tariffs, while terms like Free on Board (FOB) place the burden on the buyer.

Summary of Payment Responsibilities​

Party	Responsibility
Importers	Pay tariffs directly to the government
Consumers	Likely to pay higher prices due to tariffs
Foreign Suppliers	May absorb costs depending on contracts

Overall, while tariffs are officially paid by importers, the economic burden is often shared with consumers through increased prices.

**** your buy American deflection. You said you like 15% tariffs do not hit consumers. Consumers pay.
Also, you are sadly mistaken on "Buy American". Any American produced goods that use imported parts are going UP in price.

The cost is passed onto consumer

U.S. and EU reach a trade deal that sets 15% tariff rate and pledges hundreds of billions in investments | Fortune

Trump said the EU will invest $600 billion in the U.S. and buy $750 billion worth of U.S. energy products.

fortune.com

A deal with one of America’s biggest trade partners removes a key source of market uncertainty and removes the threat of a damaging trade war.

I like 15% tariffs, they don't hit US consumers.

 

[Modern Messiah]

In summary, either I don't know what 15+15 equals (even though I didn't say anything like that), or he's trying to put me on the defensive and change the subject after I inserted a little reality into his latest fevered Trump circle jerk. One of the two.

Anyway, I can't quite tell if they're still somehow stunningly ignorant about how tariffs work, or if they're just lying to obediently protect their new Christ. Do you have any guesses there?

My guess is that you have TDS