Who pays tariffs?

[Mac-7]

Things that were being made in China are now being made in Vietnam and India and other nations. They are not returning to America to be made.

I understand that

And its an improvement over Made in China

 

[jc456]

I understand that

And its an improvement over Made in China

Mac, seems they just can't comprehend they, corporations, leave for cheaper labor and materials thingy. And, that's it's those countries that provide them those products.

 

[Harpy Eagle]

I understand that

And its an improvement over Made in China

Until we decide we hate those countries

 

[sartre play]

Is raising corporate taxes bad for the consumer? This is what Democrats want.

DE-REGULATING CORPORATIONS Wont help the working or middle class.
Regulations are there to help PROTECT the working & middle class.
COPORATIONS are making RECORD profits.
They do not need any help.

 

[jc456]

DE-REGULATING CORPORATIONS Wont help the working or middle class.
Regulations are there to help PROTECT the working & middle class.
COPORATIONS are making RECORD profits.
They do not need any help.

who else works for the corporations? Aren't those middle classers?

 

[sartre play]

By “you” I mean the left collectively

And they are all-in for electric cars

And, the chicoms fully intend to dominate that market if we allow them

This ALL OR NOTHING mentality, Not good.
Most of the big un-thought out stuff not good.
Pushing to hard for electric cars same box-- as pushing too hard for un-needed extreme mutable gun sales
PS we have more problems( School murders increase killings)
from guns that over kill on electric cars
Pro gun anti gun nuts.

 

[Couchpotato]

No it isn’t.

It’s a tax that importers pay. The foreign company doesn’t pay a penny.

LOL do you really think the importer doesnt pass that cost on to the maker of the item?

So they import less or raise the price if they plan on selling what they import which is what happens in most cases now that the tariffs are known in advance. When the blob unleashed the idiotic program of drastic tariffs, corporate budgets (often set for 12-24 months or longer) the importers imported less. Which was not a huge deal until the pandemic hit...then you started seeing shortages in everything, empty shelves, people standing in line... essentially we became Russia living under sanctions. We just imposed them on ourselves with the blob’s electoral college victory.

Perhaps you should educate yourself on the topic before commenting.

You took all that time to describe a tax which eventually, regardless of who the government is taxing is passed on to the consumer. Will levying tariffs on all imports solve our spending problem? No, not any more than "taxing the rich" or corporations will. But acting like a tariff is anything other than another tax is just fantasy. Levying a tariff on an item being imported into the US ultimately has the same effect as levying a tax on that item if it's produced here.

 

[Couchpotato]

I understand that

And its an improvement over Made in China

Is it? China is a waning power and India is an ascending one.

 

[candycorn]

 

[jc456]

Is it? China is a waning power and India is an ascending one.

oh yes, I think american made products out perform china made any day.

 

[candycorn]

LOL do you really think the importer doesnt pass that cost on to the maker of the item?



You took all that time to describe a tax which eventually, regardless of who the government is taxing is passed on to the consumer. Will levying tariffs on all imports solve our spending problem? No, not any more than "taxing the rich" or corporations will. But acting like a tariff is anything other than another tax is just fantasy. Levying a tariff on an item being imported into the US ultimately has the same effect as levying a tax on that item if it's produced here.

 

[Mac-7]

Mac, seems they just can't comprehend they, corporations, leave for cheaper labor and materials thingy. And, that's it's those countries that provide them those products.

What they dont understand is that communist china wants to dominate the US economically

Nor do libs comprehend how bad that would be

 

[Mac-7]

Until we decide we hate those countries

Really?

Do you think Thailand could ever pose the same threat to America as communist china?

 

[Mac-7]

This ALL OR NOTHING mentality, Not good.
Most of the big un-thought out stuff not good.
Pushing to hard for electric cars same box-- as pushing too hard for un-needed extreme mutable gun sales
PS we have more problems( School murders increase killings)
from guns that over kill on electric cars
Pro gun anti gun nuts.

We have mental illness in America thanks to our extremely liberal culture that worships drugs, sex and violence

Guns are a symptom not a cause

 

[Mac-7]

Is it? China is a waning power and India is an ascending one.

India is not my favorite place in the world

but its not the threat to peace and freedom that communist china is

 

[Couchpotato]

oh yes, I think american made products out perform china made any day.

That’s not the question

 

[Couchpotato]

India is not my favorite place in the world

but its not the threat to peace and freedom that communist china is

They are a greater threat to US hegemony than China.

 

[Harpy Eagle]

India is not my favorite place in the world

but its not the threat to peace and freedom that communist china is

Not yet at least, but give it some time and you will have someone new to hate.

How exciting for you.

 

[jc456]

That’s not the question

well not a question for me, it's putting americans who lost their jobs for China and Mexico to get their jobs back. I don't care any other piece of it. Fk them using child labor.

 

[Supposn]

Yes, it is consumers who end up paying the tariffs! Does anyone disagree?

Lakhota, I'm among the proponents of the proposed “Import Certificates” concept of foreign trade policy.
This is a transcript from a Sept. 6, 2023, U.S. Message board's Economic forum's “Annual Trade deficits are always net detrimental to their nation's economies” discussion thread”.
(Refer to Import certificates - Wikipedia

Except when a nation's workers are effectively experiencing “full employment”, annual trade deficits are otherwise ALWAYS net detrimental to families dependent upon wages, and entities sensitive to the financial conditions of that substantial segment of the nation's population.
Rather than pure “free trade”, I'm among those who are aware of and advocate USA adopt the “Import Certificates” policy as described within the link, Import certificates – Wikipedia

I searched via the question, “What are the medium and long-term consequences of a nation's chronic annual trade deficits"? Microsoft Bing's artificial intelligence responded as follows:

Excerpted from: Trade Deficit: Definition, Causes, and Effects (thebalancemoney.com)
“The Bottom Line
A nation with a trade deficit spends more on imports than it makes on its exports. In the short run, a negative balance of trade curbs inflation. But over time, a substantial trade deficit weakens domestic industries and decreases job opportunities. A huge reliance on imports also leaves a country vulnerable to economic downturns. Currency devaluations, for example, make imports more costly. This situation stimulates inflation. [Refer to [5 & 6]”

Excerpted from #5 :
https://www.thebalancemoney.com/trad...in-bop-3305898
"Thereal reason [for the US trade deficits] is that Americans are spending more than they produce.…”.
and#6: https://www2.nber.org/feldstein/proj...apr252017.html

Respectfully, Supposn