Who Pays for Tariffs? You Do.

[Toro]

Tariffs are taxes. When tariffs go up, prices go up as businesses pass on the increases to you. Trump’s trade taxes have cost the American consumer $69 billion thus far.

Businesses have captured most of that, but as any Economics 101 student knows, there is a deadweight loss to the economy. This is why 99.99999% of economists oppose tariffs.

That deadweight loss to the US economy has been about $7 billion.

U.S. Consumers Hit Hardest by Trade Tariffs, Studies Find

 

[Bruce_T_Laney]

Why must you educate us?

Yes, it is passed onto the consumer but you know I feel doing business with China is bad business for the U.S. and Canada.

I would prefer the U.S. and Canada move away from China and build up trade partners with Mexico, Central America, and South America.

Sure in the short period it will hurt but in the long run it will better for the U.S. and Canada...

 

[candycorn]

Why must you educate us?

Yes, it is passed onto the consumer but you know I feel doing business with China is bad business for the U.S. and Canada.

I would prefer the U.S. and Canada move away from China and build up trade partners with Mexico, Central America, and South America.

Sure in the short period it will hurt but in the long run it will better for the U.S. and Canada...

What happens when you saturate the North American market and can’t find enough consumers to sustain your business as your internal costs rise?

 

[william the wie]

Tariffs are taxes. When tariffs go up, prices go up as businesses pass on the increases to you. Trump’s trade taxes have cost the American consumer $69 billion thus far.

Businesses have captured most of that, but as any Economics 101 student knows, there is a deadweight loss to the economy. This is why 99.99999% of economists oppose tariffs.

That deadweight loss to the US economy has been about $7 billion.

U.S. Consumers Hit Hardest by Trade Tariffs, Studies Find

Good economics, half-witted geopolitics. China's wholesale, at least attempted, theft of intellectual property is an NPV loss of capital claimed to be in the trillions.

 

[Maxdeath]

We must always allow our political enemies to have better trade relations. We should always become dependent on their trade.
We should by all electronic hardware and software from them.
That way if war becomes inevitable we don't and can't fight since we are too dependent on them.

 

[candycorn]

We must always allow our political enemies to have better trade relations. We should always become dependent on their trade.
We should by all electronic hardware and software from them.
That way if war becomes inevitable we don't and can't fight since we are too dependent on them.

Sounds pretty stupid. Why would you be in favor of that?

 

[Jitss617]

I’m a proud American and will to take the heat until China stops its oppressive tariffs on US goods, if you aren’t will to with you should move out

 

[Defiant1]

Trump is against tariffs.

 

[Dale Smith]

We must always allow our political enemies to have better trade relations. We should always become dependent on their trade.
We should by all electronic hardware and software from them.
That way if war becomes inevitable we don't and can't fight since we are too dependent on them.

Summed up perfectly....unfortunately you just made the gerbil that runs the treadmills of leftards to collapse from exhaustion as they try to comprehend.

 

[Andylusion]

Why must you educate us?

Yes, it is passed onto the consumer but you know I feel doing business with China is bad business for the U.S. and Canada.

I would prefer the U.S. and Canada move away from China and build up trade partners with Mexico, Central America, and South America.

Sure in the short period it will hurt but in the long run it will better for the U.S. and Canada...

How is all of us being poorer, somehow good for the US and Canada?

 

[JGalt]

Why must you educate us?

Yes, it is passed onto the consumer but you know I feel doing business with China is bad business for the U.S. and Canada.

I would prefer the U.S. and Canada move away from China and build up trade partners with Mexico, Central America, and South America.

Sure in the short period it will hurt but in the long run it will better for the U.S. and Canada...

How is all of us being poorer, somehow good for the US and Canada?

Because wars are expensive. But when you defeat the enemy, comes times of prosperity.

You do like winning wars and being prosperous, don't you?

 

[Ricky LIbtardo]

Tariffs are taxes. When tariffs go up, prices go up as businesses pass on the increases to you. Trump’s trade taxes have cost the American consumer $69 billion thus far.

Businesses have captured most of that, but as any Economics 101 student knows, there is a deadweight loss to the economy. This is why 99.99999% of economists oppose tariffs.

That deadweight loss to the US economy has been about $7 billion.

U.S. Consumers Hit Hardest by Trade Tariffs, Studies Find

Whenever someone uses the term "Economics 101" we automatically know the depth of their analysis is ankle deep and it's used to be condescending in order to repel any challenge of the previously stated analysis. Tell China the tariffs they have imposed on other countries has hurt their economy and they will laugh their ass off. Every economy has different dynamics and every country has different needs to sustain their economies and security.

Wisdom is contained in whiskey older than the 8 year old shit you've been drinking of late. Get some.

 

[Maxdeath]

We must always allow our political enemies to have better trade relations. We should always become dependent on their trade.
We should by all electronic hardware and software from them.
That way if war becomes inevitable we don't and can't fight since we are too dependent on them.

Sounds pretty stupid. Why would you be in favor of that?

Typical idiot, guess for some you have to label sarcasm in neon.

 

[WillowTree]

So it’s really really bad when asshole countries like Canada impose tariffs on American goods?

 

[candycorn]

We must always allow our political enemies to have better trade relations. We should always become dependent on their trade.
We should by all electronic hardware and software from them.
That way if war becomes inevitable we don't and can't fight since we are too dependent on them.

Sounds pretty stupid. Why would you be in favor of that?

Typical idiot, guess for some you have to label sarcasm in neon.

As you have just proven.

 

[Marion Morrison]

Tariffs are taxes. When tariffs go up, prices go up as businesses pass on the increases to you. Trump’s trade taxes have cost the American consumer $69 billion thus far.

Businesses have captured most of that, but as any Economics 101 student knows, there is a deadweight loss to the economy. This is why 99.99999% of economists oppose tariffs.

That deadweight loss to the US economy has been about $7 billion.

U.S. Consumers Hit Hardest by Trade Tariffs, Studies Find

Tariffs are like investing in blue chip stocks that go down a little initially.

 

[Toro]

I’m a proud American and will to take the heat until China stops its oppressive tariffs on US goods, if you aren’t will to with you should move out

China’s tariffs are 5%, about the same as America’s.

Moderate Chinese Retaliation – But Keeping The Powder Dry | Action Forex

 

[Toro]

Tariffs are taxes. When tariffs go up, prices go up as businesses pass on the increases to you. Trump’s trade taxes have cost the American consumer $69 billion thus far.

Businesses have captured most of that, but as any Economics 101 student knows, there is a deadweight loss to the economy. This is why 99.99999% of economists oppose tariffs.

That deadweight loss to the US economy has been about $7 billion.

U.S. Consumers Hit Hardest by Trade Tariffs, Studies Find

Whenever someone uses the term "Economics 101" we automatically know the depth of their analysis is ankle deep and it's used to be condescending in order to repel any challenge of the previously stated analysis. Tell China the tariffs they have imposed on other countries has hurt their economy and they will laugh their ass off. Every economy has different dynamics and every country has different needs to sustain their economies and security.

Wisdom is contained in whiskey older than the 8 year old shit you've been drinking of late. Get some.

I have a degree in economics, specializing in trade.

You?

 

[martybegan]

Tariffs are taxes. When tariffs go up, prices go up as businesses pass on the increases to you. Trump’s trade taxes have cost the American consumer $69 billion thus far.

Businesses have captured most of that, but as any Economics 101 student knows, there is a deadweight loss to the economy. This is why 99.99999% of economists oppose tariffs.

That deadweight loss to the US economy has been about $7 billion.

U.S. Consumers Hit Hardest by Trade Tariffs, Studies Find

How is that any different from Corporate Taxes?

 

[Toro]

Tariffs are taxes. When tariffs go up, prices go up as businesses pass on the increases to you. Trump’s trade taxes have cost the American consumer $69 billion thus far.

Businesses have captured most of that, but as any Economics 101 student knows, there is a deadweight loss to the economy. This is why 99.99999% of economists oppose tariffs.

That deadweight loss to the US economy has been about $7 billion.

U.S. Consumers Hit Hardest by Trade Tariffs, Studies Find

Good economics, half-witted geopolitics. China's wholesale, at least attempted, theft of intellectual property is an NPV loss of capital claimed to be in the trillions.

I can’t disagree, except perhaps the amount.

But this thread is about who is paying for the tariffs. It ain’t businesses or foreign firms. It’s US consumers.