Who Is Paying For Tariffs? Import Prices Suggest It Is Foreign Producers

[Hollie]

It’s time for the millions will die™ chorus to step up and as’plain the lack of price increases that leftists were insisting would be the reason the sky falls.

Who Is Paying For Tariffs? Import Prices Suggest It Is Foreign Producers

June data show falling import prices despite rising inflation, pointing to tariff absorption abroad. | Economy

www.breitbart.com

In June, import prices climbed just 0.1 percent, matching the increase in overall consumer prices that was reported by the Department of Labor on Tuesday. The producer price index, which focuses on domestic prices and excludes imports, was flat for the month.

The year-over-year change is now a decline of 0.2 percent, compared with a year-over-year increase of 1.7 percent in February. Import prices have now declined on a year-over-year basis for two consecutive months.

 

[1srelluc]

I heard that alluded to on Varney's show this morning. Basically it's either sell it to us or sit on it or not produce and watch their economies go in the shitter.

Man what a difference a strong leader makes.

 

[IM2]

 

[citygator]

I heard that alluded to on Varney's show this morning. Basically it's either sell it to us or sit on it or not produce and watch their economies go in the shitter.

Man what a difference a strong leader makes.

You are obviously not involved in trade in any manner.

• Foreign nations pay zero of the tariff.
• American companies either pay extra to the US government for the goods to bring it in from China and raise prices OR we move it to another country which cost more than China and we raise prices - either way the customer pays more and the company makes less
• If the US cant buy from China and has to buy from another country, guess what? The demand in the other country goes higher and we pay higher prices. Any limitation in our ability to source equals higher prices.
• You wouldnt have seen much in pricing yet.
  • leadtimes are months long
  • Anything like Apparel was already ticketed so its too hard to open boxes and reticket
  • Its coming...unless Trump crashes the economy
• Like any tax, It does raise revenue but it hurts GDP and is regressive

 

[Hollie]

What you would expect from a low IQ white liberal posing as a POC.