Who pays for tariffs and a double standard.

[HailtoPitt]

Heard a republican Trump supporter on the radio recently supporting Trump's tariffs. I think he might have been someone in the administration, not sure. He said that the tariffs would be paid for by reducing corporate profits. and not paid by the consumer. I thought this was hilarious, and it made me wonder... Why is is that when it comes to Trump's tariffs, the "cost is on corporations", but when it's an increase in the minimum wage, the cost is "passed onto the consumer with higher prices". Had to laugh out loud.

 

[pittbb80]

Heard a republican Trump supporter on the radio recently supporting Trump's tariffs. I think he might have been someone in the administration, not sure. He said that the tariffs would be paid for by reducing corporate profits. and not paid by the consumer. I thought this was hilarious, and it made me wonder... Why is is that when it comes to Trump's tariffs, the "cost is on corporations", but when it's an increase in the minimum wage, the cost is "passed onto the consumer with higher prices". Had to laugh out loud.

When Trump increased tarrifs on China prices on those things from China didn’t go up They ate the tarrrif to retain market share.

Secondly I’m not saying that price increases will never happen. It’s going to be case specific. It’s not just about prices but leveling the playing field so that more jobs return to the US which is a good thing. When you lose jobs their are hidden costs that peope never account for

Raising the mi immune wages has resulted in many businesses especially in cali to
Leave the date or go out of business because they couldn’t pass the cost along

Similar analogy. When you raise corporate taxes are they going to eat the taxes or raise prices ?

Just Saying it’s not as simple of an argument that many want to make it out to be. The general concept of leveling the playing field with tarrifs is long overdue. It’s the execution that will determine how effective the strategy is

 

[HailtoPitt]

When Trump increased tarrifs on China prices on those things from China didn’t go up They ate the tarrrif to retain market share.

Secondly I’m not saying that price increases will never happen. It’s going to be case specific. It’s not just about prices but leveling the playing field so that more jobs return to the US which is a good thing. When you lose jobs their are hidden costs that peope never account for

Raising the mi immune wages has resulted in many businesses especially in cali to
Leave the date or go out of business because they couldn’t pass the cost along

Similar analogy. When you raise corporate taxes are they going to eat the taxes or raise prices ?

Just Saying it’s not as simple of an argument that many want to make it out to be. The general concept of leveling the playing field with tarrifs is long overdue. It’s the execution that will determine how effective the strategy is

Buy how do tariffs not get passed on?

 

[pittbb80]

Buy how do tariffs not get passed on?

As I said some times the company eats them and some times they do in fact raise prices. Or some times US companies benefit and are able to compete as the price level gets higher In the long run saving and generating jobs in the uS saves money and helps our economy

So why do other countries have high tarrifs on us made products ?

 

[PittMan2003]

I am a Trump voter, but I can say that I don’t like the tariffs. I think they can be effective if used strategically, but I worry he is overdoing it with them and the economy is already fragile enough.

I also think that he needs to do a much better job along with his communications team of explaining exactly what he is doing with them. He has mentioned fentanyl a good bit, but not much about exactly what these other countries have to do to have the tariffs removed.

Politically this is just a loser because tariffs will probably increase prices and the markets are not liking them at all so people are seeing that and panicking.

 

[pittbb80]

I am a Trump voter, but I can say that I don’t like the tariffs. I think they can be effective if used strategically, but I worry he is overdoing it with them and the economy is already fragile enough.

I also think that he needs to do a much better job along with his communications team of explaining exactly what he is doing with them. He has mentioned fentanyl a good bit, but not much about exactly what these other countries have to do to have the tariffs removed.

Politically this is just a loser because tariffs will probably increase prices and the markets are not liking them at all so people are seeing that and panicking.

I agree with the middle part that needs to be communicated better. But you already see the benefits of the threats of tarrifs. Lots of Companies are announcing the investment in manufacturing facilities In the long run that benefits our economy

Not saying you specifically but Americans are so spoiled. They want everthing without suffering the consequences. So we got cheap shit while exporting manufacturing jobs which destroyed the middle class and ran up mountains of debt. The chickens are coming home to roost on than soon

Yes tarrifs may cause some short term pain in terms of higher prices. But the goal of restoring the manufacturing base to this country will be of great value to American citizens of all demographics.

Remember Trump does a lot of blustering as part of the negotiation process. So a lot of the tarrif talk is being used to negotiate better trade deals

 

[Zeldas Open Roof]

canada, mexico and other countries had Tariffs on the US exports for years and no one said a word. people think Trump invented tariffs and it's comical.

 

[pittbb80]

canada, mexico and other countries had Tariffs on the US exports for years and no one said a word. people think Trump invented tariffs and it's comical.

Yup I’d simply add that we’ve bent over and took it up the behind for years. During that time we lost middle class jobs.

It’s time to try another approach that doesn’t involve selling out American citizens that enriches mega corps and provides crumbs to American citizens in the form of cheap shit from China and other countries

 

[PittMan2003]

canada, mexico and other countries had Tariffs on the US exports for years and no one said a word. people think Trump invented tariffs and it's comical.

This is where Trump and his people could communicate better. They should go on a media blitz to say exactly what these countries are doing, have been doing, and what the tariff objectives are.

 

[pittbb80]

This is where Trump and his people could communicate better. They should go on a media blitz to say exactly what these countries are doing, have been doing, and what the tariff objectives are.

Well he has but perhaps not as effective as he has been. He’s promoted reciprocal tarrifs which pretty much gets the point across

 

[PittMan2003]

Well he has but perhaps not as effective as he has been. He’s promoted reciprocal tarrifs which pretty much gets the point across

Yeah I am sure he has and perhaps I missed it. I would think JD would be good at delivering his message as well as he is elite in communication.

 

[pittbb80]

Yeah I am sure he has and perhaps I missed it. I would think JD would be good at delivering his message as well as he is elite in communication.

Yeah JD is far more eloquent than Trump. I think that’s one of the reasons he was chosen.

 

[PittMan2003]

Yeah JD is far more eloquent than Trump. I think that’s one of the reasons he was chosen.

Yeah JD is incredibly talented. I would like to see him take the lead on something like tariffs where detailed and precise explanation is needed. Because I am a Trump voter and generally support him but I haven't been convinced by the administration that tariffs are the answer.

 

[pittbb80]

Yeah JD is incredibly talented. I would like to see him take the lead on something like tariffs where detailed and precise explanation is needed. Because I am a Trump voter and generally support him but I haven't been convinced by the administration that tariffs are the answer.

As you said it depends upon how they are executed. And quite frankly while I like how the admin has started, Im not sold that there will be any lasting and substantial change. Remember, congress has to pass laws and bills that affect long term change. I find it hard to believe that the same crew who got us into this mess (D and R as they are all one uniparty) are going to give up the money laundering operation they have benefited from. Theyve demonstrated over decades that they are America last. Also the influence over this country from Israel is greater than ever and that is a huge issue. I posted a clip and just about every politician D or R couldn't say american comes before Israel. Think about that for a minute.

 

[CJsE]

When Trump increased tarrifs on China prices on those things from China didn’t go up They ate the tarrrif to retain market share.

Secondly I’m not saying that price increases will never happen. It’s going to be case specific. It’s not just about prices but leveling the playing field so that more jobs return to the US which is a good thing. When you lose jobs their are hidden costs that peope never account for

Raising the mi immune wages has resulted in many businesses especially in cali to
Leave the date or go out of business because they couldn’t pass the cost along

Similar analogy. When you raise corporate taxes are they going to eat the taxes or raise prices ?

Just Saying it’s not as simple of an argument that many want to make it out to be. The general concept of leveling the playing field with tarrifs is long overdue. It’s the execution that will determine how effective the strategy is

Dude...You have no idea how many of these emails my company gets every week. So let me give you a little peak into what is coming down the barrel for consumers. Keep in mind, these are in addition to the annual January price increases.



edit: If you were wondering, I collected these over 5 days of emails in the last week of February for a buddy that was arguing with me about the effect of the tariffs. I could literally add another 50 notices to this that have come since I made this.

 

[HailtoPitt]

Dude...You have no idea how many of these emails my company gets every week. So let me give you a little peak into what is coming down the barrel for consumers. Keep in mind, these are in addition to the annual January price increases.



edit: If you were wondering, I collected these over 5 days of emails in the last week of February for a buddy that was arguing with me about the effect of the tariffs. I could literally add another 50 notices to this that have come since I made this.

That kind of demonstrates my point. If the customer pays for a minimum wage increase, then they must also pay for tariffs. They can't have it both ways.

 

[303vND]

canada, mexico and other countries had Tariffs on the US exports for years and no one said a word. people think Trump invented tariffs and it's comical.

Wasn't it Trump who negotiated this current trade deal during his first term?

Edit: The Agreement between the United States of America, the United Mexican States, and Canada (USMCA)[1][Note 1] is a free trade agreement among the United States, Mexico, and Canada. It replaced the North American Free Trade Agreement (NAFTA) implemented in 1994

 

[Sean Miller Fan]

I am a Trump voter, but I can say that I don’t like the tariffs. I think they can be effective if used strategically, but I worry he is overdoing it with them and the economy is already fragile enough.

I also think that he needs to do a much better job along with his communications team of explaining exactly what he is doing with them. He has mentioned fentanyl a good bit, but not much about exactly what these other countries have to do to have the tariffs removed.

Politically this is just a loser because tariffs will probably increase prices and the markets are not liking them at all so people are seeing that and panicking.

This!

They say Trump is a good salesman. There is some truth to that. However, he sells his personality/ideology/racism and people do gravitate towards that. That's been enough. What he and Elon don't do at all is, in a coherent way, is sell this sabotaging of the economy. He says things like it's going to make America rich again. OK, but how? Put out some doctored fake studies. Say that they estimate that 2 million manufacturing jobs will be back by 2028. Sell these mass layoffs of government employees as folks who will be needed for all these manufacturing jobs. Firing janitors and park Rangers because the national debt is too high isnt something that non-partisan Americans can relate too. I get that MAGA folks love these cuts but you already won them over. To centrists, it just seems cruel and somewhat unnecessary.

This is where you need a true leader to come on TV and explain their vision. But Trump can never get out of campaign mode and can never stop with the grievances or going off on tangents.

I thought Trump did a great job in those early Covid days. I thought, crap, he is looking like a wartime President and he's going to breeze to re-election. He seemed empathetic even. Seemed to portray a "we're all in this together" attitude. But then the markets started tanking and his advisors feared that would cost him the election so he started going crazy with downplaying Covid and lost anyway. He needs to channel March 2020 Trump. Those were his best moments I believe. He actually looked like a leader who was looking out for all Americans.

 

[Sean Miller Fan]

Yeah JD is incredibly talented. I would like to see him take the lead on something like tariffs where detailed and precise explanation is needed. Because I am a Trump voter and generally support him but I haven't been convinced by the administration that tariffs are the answer.

Tariffs COULD be a long-term answer. In theory, I understand what Trump wants to do. He wants to bring back manufacturing and wants to reduce income taxes by the amount that tariffs bring in. That would be great if it happens. But this is a 10-20 year process. The time horizon on this so far out, you'll never reap any of the benefits in the long-term from crashing the economy in the short-run. Why? This is a 50/50 country. The economy is going to take and then you end up with President Newsom or President Shaprio, or heck, if the economy royally tanks, maybe even President AOC. That's how we got Obama. And like her or not, AOC does have some of that Obama populism in her. Anyway, point is, if the economy crashes, you probably get a Dem in 2028 who will cancel the tariffs, rehire federal employees, and require each American pro women's team to have at least 1 male player. So you basically got nothing out of 4 years of Trump

 

[NCPitt]

Heard a republican Trump supporter on the radio recently supporting Trump's tariffs. I think he might have been someone in the administration, not sure. He said that the tariffs would be paid for by reducing corporate profits. and not paid by the consumer. I thought this was hilarious, and it made me wonder... Why is is that when it comes to Trump's tariffs, the "cost is on corporations", but when it's an increase in the minimum wage, the cost is "passed onto the consumer with higher prices". Had to laugh out loud.

Prices will rise only to the extent that 1) consumers will pay and 2) competition will allow.

Some products are marginal for consumers. They will buy them only if the price is right. An example might be avocados. People might pay $2.50 occasionally for guacamole. But a price of $4 might cause them to switch to pico de gallo. Sellers will then need to determine whether to reduce their profit margin per avocado to maintain total sales or accept lower sales.

Some products compete with products made in America that won't be tariffed. Cars are a good example. The Toyota Highlander is American-made while the Chevy Trailblazer is Mexican-made. They are the category of cars that compete for similar customers. One selling point for the Blazer is its relatively lower price compared to the Highlander. Blazer sales would plummet if the price were raised to anything close to the Highlander. Customers would simply switch to buy a higher quality car at a similar price. Again, sellers will then need to determine whether to reduce their profit margin per Blazer to maintain total sales or accept lower sales.