Who pays tarriff imposed by TARRIFFMAN? The tarriffer, or the tariffEE?

Discussion in 'Political Opinions & Beliefs' started by Guyzilla, May 9, 2019.

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Who pays tarriff imposed by TARRIFFMAN? The tarriffer, or the tariffEE?

  1. The tarriffs are imposed, and those imposing the tarriffs, pay.

    11 vote(s)
    91.7%
  2. It will all come out of the Chinese.

    1 vote(s)
    8.3%
  1. Guyzilla

    Guyzilla Well-Known Member Past Donor

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    As Trump puts it, they didn't do what I wanted, so now I will punish them all. So I ask.

    What is CLEAR IS, Trump gave YUGE tax breaks to US companies, then imposed tariffs. This was intended, to make importing Chinese goods more expensive, and US mfgs able to compete.

    Doesn't work out that way, but that is the ignorant intention.
     
  2. garyd

    garyd Well-Known Member

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    What Tarriffs do if they are high enough is send those who would normally buy from the importer who has been hit with a tariff to alternative supply sources. mean the the importer loses revenue and the purchaser pays a little more for his product but less than what he'd pay if he bought from the importer with the tariff in place. So once again the question you ask reveals an overly simplistic bit of jargon and a failure to understand the situation.
     
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  3. yardmeat

    yardmeat Well-Known Member

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    He's wrong about who pays tariffs, he doesn't understand what trade deficits actually are, and his tariffs are illegal. "Free market" Republicans need to rein him in.
     
  4. Guyzilla

    Guyzilla Well-Known Member Past Donor

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    What you just said, was gobbledegoop. You did anything you could, to avoid saying, TRUMP SUPPORTERS pay the tariff.

    In essense, you have a REPUBLICAN dictating which products you will buy. When Obama said you will have health insurance, you called him the devil.
     
    Last edited: May 9, 2019
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  5. garyd

    garyd Well-Known Member

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    What I spoke was well understood basic economics. Sorry you didn't understand it.
     
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  6. 61falcon

    61falcon Well-Known Member

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    Every U.S.consumer that purchases any of the myriad of imported products that Dirty Donald has slapped his tariff(ANOTHER WORD FOR TAX)on.
     
  7. Jonsa

    Jonsa Well-Known Member Past Donor

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    Except when the us manufacturer's raise their prices to increase their profits by charging their consumers more for the same product. Look at washing machines. Not only did domestic manufacturers increase their washing machine prices, they raised their dryer prices as well. Consumers pay more for the same thing they could have bought 15 to 20% cheaper without tariffs.

    And then there is the us domestic steel and aluminum prices. Those american manufacturers are paying up to 35% more for their steel. which increases domestic prices AND export prices (less competitive) for the products they produce.

    So there is that real take on what the hell is happening with these stupid trump trade wars.
     
    Last edited: May 9, 2019
  8. 61falcon

    61falcon Well-Known Member

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    And the price of new homes because of the tariffs on Canadian lumber and imported home construction products.Added about $20K to the average home price.
     
  9. Sandy Shanks

    Sandy Shanks Well-Known Member Donor

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    One way or another the American consumer takes the hit. If the supplier buys Chinese goods with a 25% tariff, he pays then passes the expense to the consumer.

    If the supplier finds another source, it will cost more. He was buying Chinese goods for a reason. The supplier will pass the additional cost onto the consumer.

    Trump's tariffs will place inflationary pressures on our economy. That is why Wall Street is concerned. How much money has your family lost in retirement savings this week because of Trump? From Asia to N.Y., multiply that by millions of dollars and millions of families. It could get worse tomorrow.

    Thank you, Mr. President, thank you very much. We know Putin is quite happy with your performance.
     
  10. Robert

    Robert Well-Known Member Donor

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    But Trump relieved the consumer of paying by cutting business taxes. Same thing for the Chinese. More taxes are paid by us. When we tax big business, we end up being the taxed.
     
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  11. Robert

    Robert Well-Known Member Donor

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    When America hikes taxes to GM, as Democrats preach be done. the consumer pays that bill. Same rules apply to China. But with China as a poster points out, you can switch from buy from China to buy from Japan or Korea or lord forbid, buy from America.

    Democrats never get their stories right. They defend very high taxes on Americans but want no taxes imposed on China. Guess who it sounds like they support?
     
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  12. Robert

    Robert Well-Known Member Donor

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    You must mean new homes. Do Democrats buy new homes? I know we republicans do.
     
  13. Robert

    Robert Well-Known Member Donor

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    I hope you argue to charge our own firms lower taxes and tax the rich lower sums.
     
  14. Seth Bullock

    Seth Bullock Well-Known Member Past Donor

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    Because Americans outlawed slavery in the 1860s, and we have now replaced it with slavery in other countries.

    This is not something to endorse.

    Crappy Chinese products for cheap, made by slaves.

    This is the argument for free trade with China without tariffs.
     
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  15. ButterBalls

    ButterBalls Well-Known Member

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    No that's the only answer you were willing to accept when you created the gobbledegoop poll!
     
  16. stratego

    stratego Active Member

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    Tarriffs make the targeted product more expensive and therefore less attractive.
    Buy US lumber. Problem solved.
     
  17. Jonsa

    Jonsa Well-Known Member Past Donor

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    only advantageous to the big companies, small companies didn't pass on those tax savings in the form of wage increases to compensate for increase in prices. Just like the big companies used most of their tax breaks to buy back stock propping the dow and ensuring massive performance bonuses for their executives - handed to them with a stroke of the pen, and not a drop of sweat from their brows.
     
  18. Observing

    Observing Well-Known Member

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    American consumers who purchase goods made in china will pay a tariff for a year or two in order to hammer out a trade deal going forward. once the deal is in place- the prices are again set by the market.
     
  19. Observing

    Observing Well-Known Member

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    So when we buy American goods we pay the expenses of american corporations, so that means that if you buy american you are then paying for the health insurance of the people that are working there. And if we have medicare for all the people who buy the goods will be paying for their health insurance. so why not get rid of the middleman and just go medicare for all? I mean since we are all ready paying for the expenses of making the product that we buy. now we have people without health insurance buying products so that other people can have health insurance right?
     
    Last edited: May 9, 2019
  20. Robert

    Robert Well-Known Member Donor

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    That sounds wonderful until you go to the waiting room of a Government funded hospital or see how slow your doctor is when he is paid cut rates by Government.
     
  21. Thought Criminal

    Thought Criminal Well-Known Member Donor

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    You are correct to say that the tarrifs don't necessarily make the products more expensive. It is only your opinion that that is the intention of imposing tariffs.

    The tariffs have made steel and aluminum more expensive. That is only because China is a major supplier of those base materials and there is demand for them.

    Supply and demand are the only factors which influence prices. Demand can be defined as the market's willingness to pay a higher price. If the market is unwilling to support a higher price, some other result will occur. In the case with China, the value of their currency has fallen.

    The drop in value of the yuan keeps the market prices of its exports at a level which consumers are willing to pay. At the same time, it raises the cost of their imports. This puts economic pressure on the whole of their economy, thus on their leaders.

    That pressure is the purpose of the tariffs.
     
    Last edited: May 10, 2019
  22. Robert

    Robert Well-Known Member Donor

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    Perhaps. I don't particularly care.
     
  23. Just A Man

    Just A Man Well-Known Member

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    I have no problem buying "Made in U.S." products and paying a competitive price for them. What I do have a problem with is a country only taking a limited number of our products while we take an unlimited number of their same product. Trump see the unfairness and is working to correct it for our benefit. It will take time. For all too long the politicians in D.C. were willing to give away the store because they felt sorry for the poor countries. Some even wanted to punish the U.S. Not Trump. The MSM and the dems will paint Trump as starting a trade war. I'll take a trade war over getting screwed by some country with a dictator. America needs to keep our manufacturing base regardless of what the dems and the MSM say.
     
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  24. ronv

    ronv Well-Known Member

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    China is not a major supplier to the US. Hasn't been for quite some time.
    [​IMG]
    You left something out of your price formula.
    Supply, demand and tariffs.

    China has been controlling it's currency at 7 for a long time.
    Are you sure it's not the US and the dollar?
    upload_2019-5-10_6-1-21.png

    upload_2019-5-10_6-5-31.png
     
  25. Pycckia

    Pycckia Well-Known Member

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    I just looked at US steel prices and noticed two things. First they are very volatile and second, US steel is near historic lows. Your talk of 35% is nonsense.

    https://ycharts.com/companies/X/price

    Aluminium prices are less volatile and currently sit at the five year average.

    [​IMG]
     
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