Trump's tariffs leading to welfare farming

[Care4all]

If you asked those NB workers if they liked Trump's tariffs what do you think they would say?

They will not like them.

Because their one piece injection mold soles are imported and are not manufactured in the USA. It makes their own shoes go up in price with tariffs put on them....facing resistance at a higher retail by the end consumer...and possible layoffs...the company can sell fewer shoes at a higher retail and still meet their sales plan in dollars with the higher price and less shoes sold...so they as a company can likely deal with it, by laying off workers, since they will be selling less units, less pairs, they do not need as many workers.

 

[frigidweirdo]

Tariffs are bring in about $500b a year. Period. Full stop.

Crop Prices are returning to historic norms, we want lower grocery prices don't we?

Soybeans - Price - Chart - Historical Data - News

Soybeans rose to 1,063.28 USd/Bu on January 27, 2026, up 0.14% from the previous day. Over the past month, Soybeans's price has risen 1.31%, and is up 1.75% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this...

tradingeconomics.com

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Trump Claims Tariffs Earned U.S. ‘Trillions Of Dollars.’ Federal Data Says Otherwise.

Treasury Secretary Scott Bessent has projected tariff revenue would reach $300 billion per year.

www.forbes.com

$500 billion?

Looks more like "The U.S. has collected $142 billion from tariff revenue so far this fiscal year"

And this is taxes. So, who's paying these taxes? Mostly US citizens buying these goods.

Great, everyone loves paying taxes, especially Republicans.

 

[kyzr]

You left out the part that it's US Consumer paying the $500B a year in new taxes. Tariffs are a tax paid by importers on goods they purchase overseas and have shipped here. They pay the tariff to have the materials released from the ports. Those increased cost are then passed to the consumer.
Against this one would then have to contrasted with the long term decrease in income tax revenue due to (a) the Trump Tax Cuts and Jobs Act (projected to decrease revenue by $4.5 Trillion (yes Trillion) over 10 years, (b) recently we've also seen the Senior Tax cut which will also decrease income tax revenue, (c) then of course there are projections on the decrease in economic activity and the impact on jobs with the tariff wars. So no, you can't look at one thing and claim success and call it "Period. Full stop.". WW

Please read my post #35

It shows that tariff costs are generally split between the importer, manufacturer, merchandiser, and then the consumer.

If all $500b was paid by the consumers they would buy domestic products.

 

[MagicMike]

You're in denial of the facts. As usual, you DON'T READ. The facts are clear in post #2. Educate yourself.

Maybe you should try reading a bit yourself.
Kyzr's link in post #2 does nothing to discredit my OP.
In fact the data CONFIRMS it Simp.
Do you have a reading disability?

Straight from the link in post #2:

Soybean futures extended losses toward $10 per bushel, hitting their lowest level since mid-August, as concerns over weak demand and rising competition from top producer Brazil weighed on the market. A lack of new US soybean purchases by China, amid ongoing trade tensions with Washington, continued to pressure the oilseed market. Meanwhile, Brazil’s soybean planted area for the 2025/26 season is expected to expand 1.5% to a record, as the country increasingly supplies China while Beijing avoids US oilseeds. Brazilian exports are projected to reach 6.75 million metric tons in September, up from 5.16 million tons in the same month last year, according to Anec.​

 

[whitehall]

John Deere is getting hammered.

Deere stock was around 330 during Biden. It's about 530 today. Buy it, it's about to soar when Trump's tariffs click in.

 

[kyzr]

Says the guy typing on a machine likely manufactured overseas and containing parts manufactured overseas.
Hell, even American made cars use foreign parts. WW

Electronics and labor intensive goods go where there is cheap labor.
US cars and other big ticket items have a shot at being made here.
Unions are a problem for competitiveness.

 

[kyzr]

They will not like them.
Because their one piece injection mold soles are imported and are not manufactured in the USA. It makes their own shoes go up in price with tariffs put on them....facing resistance at a higher retail by the end consumer...and possible layoffs...the company can sell fewer shoes at a higher retail and still meet their sales plan in dollars with the higher price and less shoes sold...so they as a company can likely deal with it, by laying off workers, since they will be selling less units, less pairs, they do not need as many workers.

Liar, liar pants on fire.
If NB shoes buy soles in bulk, even with a tariff, that would only increase the sales price a few cents.
If imported sneakers get tariffs on the finished product, NB would sell a lot more sneakers.
Xmas bonuses at NB would be better than Clark Griswold got.

 

[MagicMike]

Deere stock was around 330 during Biden. It's about 530 today. Buy it, it's about to soar when Trump's tariffs click in.

How is Deere stock supposed to soar once farmers can't afford to buy equipment?

 

[Nostra]

It's the tariffs stupid. Just ask the farmers.

Yeah, the tariffs other countries have, Moron.

Trump doesn’t set those.

THREAD FAIL!

 

[Winston]

I buy US made sneakers, New Balance. Just saying.
Tariffs on foreign sneakers has to help US manufacturers sell more. Thank you president Trump.
The US buys about $10b of sneakers annually. Not in the same category as cars.

Two hundred bucks for a pair of sneakers?

 

[WorldWatcher]

Please read my post #35

It shows that tariff costs are generally split between the importer, manufacturer, merchandiser, and then the consumer.

If all $500b was paid by the consumers they would buy domestic products.

I did…

Importer American = added cost

American manufacture = added cost

American merchandise = added cost

You can split the tariff cost amongst the American supply chain, but it still all adds up to the consumer paying the tariffs.

Oh sure some may absorb some of the cost for the short term hoping TACO will reverse the tariff. But that is a temporary condition.

At the end of the day it’s the consumer that posts the import tax - I mean tariff.

WW

 

[WorldWatcher]

Electronics and labor intensive goods go where there is cheap labor.
US cars and other big ticket items have a shot at being made here.
Unions are a problem for competitiveness.

I bought our retirement car last year knowing Trump would do tariffs once in office. The exact same car now is $4500 more.

WW

 

[Winston]

The importing company pays the tariff, Einstein. At the port of entry.

The American company. The American employer.

That's where all that money is coming from.

You're welcome. Holy shit.

Wait a minute. So, a tariff is a tax. And the importing company pays that tax. And they don't pass it on to consumers? Well damn, why don't we just slap them with a higher corporate income tax. They won't pass that on to the consumer either, right? Or is there some extra dubber special about tariffs?

 

[Winston]

I don't know where you get your information, but you need to find more accurate resources.
Democrats are at 19% and Trump is at 54%, knowing that these numbers fluctuate.
I can guarantee you that Trump did not lose any rural voters.
Can you guarantee me that democrats did not lose any urban or union voters?

I don't know where the hell you get your information from.

The president's net approval rating is -14%,
up 0.3 points since last week.
41% approve, 55% disapprove, 3% not sure

Sure, the Democrat party is at historical lows, but that is the party. Not a person. AOC has polled a net positive in some polls. Find me a poll where Trump is positive. That is, approval higher than disapproval.

I mean I got to tell you, I wouldn't want to be JD Vance strolling into Iowa in 2027. And Trump best not ever show his ass in Western North Carolina again. But hey, you continue to live in your fantasy land.

 

[Winston]

Farmers will be fine.
If democrats get in and keep borrowing and spending, the dollar will collapse, tariffs will prevent that.
We owe $37T and pay $1.1T a year just in interest.
Biden had a $1.85T budget deficit, Trump is close to a surplus, with tariffs and BBB budget cuts.

You didn't just say the dollar will collapse. What the **** do you think is going on now? Dropped by eleven percent since Trump took office, biggest decline in half a century.

Has the dollar just had its biggest decline in 50 years?

In the first six months of his second term, has President Donald Trump presided over a historic decline in the value of the dollar? That’s close to accurate, and economists are expressing some concern.

www.politifact.com

And damn but you are full of shit about Trump having a surplus. The big beautiful bill tagged the deficit for about four TRILLION dollars.

 

[Winston]

Trump

Trump is putting tariffs on countries who have been screwing us for decades.

Every time he puts America first you Clowns show up to tell Americans how much you hate that.

Weird.

That is just stupid. If the world has been screwing us they must have a tiny pecker. We are still the most powerful economy in the world. Three more years of Trump's clown show and that probably won't be the case. In his first administration he had a trade war with China and he got his ass handed to him. Now it looks like India and the EU is going to lay a whooping on him.

 

[Nostra]

That is just stupid. If the world has been screwing us they must have a tiny pecker. We are still the most powerful economy in the world. Three more years of Trump's clown show and that probably won't be the case. In his first administration he had a trade war with China and he got his ass handed to him. Now it looks like India and the EU is going to lay a whooping on him.

Your ignorance on the topic is noted.

 

[Winston]

Your ignorance on the topic is noted.

STFU, I have forgotten more about Macroeconomics that you will ever know. If tariffs don't get passed on to consumers how come corporate income taxes do? I mean isn't that the argument you dumbasses always make when someone proposes increasing corporate income taxes? And when we cut them, did those corporations pass on the savings? Hell ******* no, capital investment declined, rent seeking increased.

I mean you want to talk about my ignorance. Riddle me this. What is the difference in tariffs and corporate income taxes, and with which tax increase is the end consumer most likely to have that tax increase mitigated by the absorption of the cost from the company itself. And in what area of the balance sheet will that cost mitigation from the consumer come from? Look, if I used too big words for you, let me know. I am really good at dumbing things down.

 

[Nostra]

STFU, I have forgotten more about Macroeconomics that you will ever know. If tariffs don't get passed on to consumers how come corporate income taxes do? I mean isn't that the argument you dumbasses always make when someone proposes increasing corporate income taxes? And when we cut them, did those corporations pass on the savings? Hell ******* no, capital investment declined, rent seeking increased.

I mean you want to talk about my ignorance. Riddle me this. What is the difference in tariffs and corporate income taxes, and with which tax increase is the end consumer most likely to have that tax increase mitigated by the absorption of the cost from the company itself. And in what area of the balance sheet will that cost mitigation from the consumer come from? Look, if I used too big words for you, let me know. I am really good at dumbing things down.

Hey stupid, go read the link in the OP. The tariffs the farmers are saying are hurting them are the ones other countries put on their products when imported into said country.

Why are you talking about those tariffs being passed onto the Chinese consumer?

 

[Winston]

Hey stupid, go read the link in the OP. The tariffs the farmers are saying are hurting them are the ones other countries put on their products when imported into said country.

Why are you talking about those tariffs being passed onto the Chinese consumer?

Look, I have already explained to you. Those tariffs placed on American goods are RETALIATORY tariffs. I mean I understand, English is not your first language but you really should invest in a dictionary, or at least Google words you don't understand.

Until Trump came along, China did not have a tariff on American soybeans. But in his first administration he started a trade war with China and HE ******* LOST. Biden failed to negotiate the removal of those tariffs. Soybean farmers have now suffered through seven years of tariffs in China on their imports. They have lost billions of dollars in sales.


Seven years of tariffs on Chinese imports have led to retaliation and diminished U.S. exports to China that are conservatively worth $160 billion and as much as $201 billion, based on my analysis of U.S. Census Bureau data.

U.S. Exports to China Lost To 7-Year Trump-Biden Tariffs: $160 Billion

U.S. exports to China would likely have been $160 billion to $201 billion greater without the seven-year Trump-Biden trade war.

www.forbes.com

And no, Chinese citizens are not paying those tariffs. China is just not buying American soybeans. They get them from Brazil now. American farmers have probably lost the Chinese soybean market forever. And let me teach you a little something. I doubt you would know a soybean field if you drove by it. My family raised soybeans, hundreds of acres. It was a five crop in two years rotation. Spring corn, fall soybeans, winter wheat, spring soybeans, fall corn. And there is a reason for that. Soybeans actually put nitrogen back into the soil. It is a vital component to soil management.

You Trumpsters are so simple minded, and absolutely clueless. When Trump places a tariff on a country's imports sometimes, many times, they retaliate. Again, please look up the definition of that word. It appears you don't understand it. And no one in the Trump administration thought this shit through. When retaliatory tariffs are placed on American products it makes products from other countries more competitive. Like Brazil's soybeans. But hell, take something simple, like Kentucky bourbon, do you have any idea of how many distillers are declaring bankruptcy because they have lost their export market? Do you know how much Kentucky bourbon is sold in Toronto now? ******* ZERO. They refuse to buy.