Excellent breakdownA tariff is a tax. Most uniformed Americans think a tariff imposed by the U.S. on China made products is paid by China. Nope. That tariff is paid by the importer in the U.S. who says, "fuck that" and passes it on to its customers. A simple example is Walmart agrees to by TVs from China for $100 a unit knowing that would allow a decent profit when the TV is sold to its customers. But the U.S. puts a tariff on the China made TVs raising the cost to Walmart to say $120 a pop instead of $100. The importer Walmart says hell "I'm not going to eat that additional $20" and instead passes the $20 on to its customers.
So what happens? The price of the TV at retail rises and customers say fuck it and stop buying; Walmart sales slump and reduces orders for China made tvs; China says okay bitches ima put a tariff on your shit. And the trade war is on. One thing is for sure, it is always the consumer who will take it in the shorts as a result of having to unnecessarily pay more. By example tariffs are only an effective weapon when an importing country like the U.S. buys a lot of products from China; but China in return and on purpose imports a lot less U.S. products, and the U.S. in response says since you won't buy our shit we're gonna tariff, i.e. "tax" yours. All Trump's bullshit about imposing these tariffs is to stop the influx of Fentanyl is just that, bullshit. He thinks he can bully China and other countries into buying American goods in proportions he deems acceptable. He's about to find out once again he can't.
This is his business practice. He really thought /thinks he's a RockerfellerA tariff is a tax. Most uniformed Americans think a tariff imposed by the U.S. on China made products is paid by China. Nope. That tariff is paid by the importer in the U.S. who says, "fuck that" and passes it on to its customers. A simple example is Walmart agrees to by TVs from China for $100 a unit knowing that would allow a decent profit when the TV is sold to its customers. But the U.S. puts a tariff on the China made TVs raising the cost to Walmart to say $120 a pop instead of $100. The importer Walmart says hell "I'm not going to eat that additional $20" and instead passes the $20 on to its customers.
So what happens? The price of the TV at retail rises and customers say fuck it and stop buying; Walmart sales slump and reduces orders for China made tvs; China says okay bitches ima put a tariff on your shit. And the trade war is on. One thing is for sure, it is always the consumer who will take it in the shorts as a result of having to unnecessarily pay more. By example tariffs are only an effective weapon when an importing country like the U.S. buys a lot of products from China; but China in return and on purpose imports a lot less U.S. products, and the U.S. in response says since you won't buy our shit we're gonna tariff, i.e. "tax" yours. All Trump's bullshit about imposing these tariffs is to stop the influx of Fentanyl is just that, bullshit. He thinks he can bully China and other countries into buying American goods in proportions he deems acceptable. He's about to find out once again he can't.
I do the majority of the purchasing at my job. I've been screaming this until I was blue in the face, and people were acting like I was just making shit up. Oh, well...A tariff is a tax. Most uniformed Americans think a tariff imposed by the U.S. on China made products is paid by China. Nope. That tariff is paid by the importer in the U.S. who says, "fuck that" and passes it on to its customers.
Trumps tax cuts and spending the first time boockended with his ineffectiveness to handle Covid and the "supply chain issues" birthed inflation that Biden had to keep under control. Trump is jumpstarting it all fuckin ready with these fuckin tariffs he got a hard on for and more tax cuts for rich folks coming.Yeah because the economy ran so well under biden and his inflation which caused the raise in homelessness around the country. Oh but now you ninjas all of a sudden care about the economy.
I was trying my best to explain this to my co-workers and they still didn't get it.A tariff is a tax. Most uniformed Americans think a tariff imposed by the U.S. on China made products is paid by China. Nope. That tariff is paid by the importer in the U.S. who says, "fuck that" and passes it on to its customers. A simple example is Walmart agrees to by TVs from China for $100 a unit knowing that would allow a decent profit when the TV is sold to its customers. But the U.S. puts a tariff on the China made TVs raising the cost to Walmart to say $120 a pop instead of $100. The importer Walmart says hell "I'm not going to eat that additional $20" and instead passes the $20 on to its customers.
So what happens? The price of the TV at retail rises and customers say fuck it and stop buying; Walmart sales slump and reduces orders for China made tvs; China says okay bitches ima put a tariff on your shit. And the trade war is on. One thing is for sure, it is always the consumer who will take it in the shorts as a result of having to unnecessarily pay more. By example tariffs are only an effective weapon when an importing country like the U.S. buys a lot of products from China; but China in return and on purpose imports a lot less U.S. products, and the U.S. in response says since you won't buy our shit we're gonna tariff, i.e. "tax" yours. All Trump's bullshit about imposing these tariffs is to stop the influx of Fentanyl is just that, bullshit. He thinks he can bully China and other countries into buying American goods in proportions he deems acceptable. He's about to find out once again he can't.
A tariff is a tax. Most uniformed Americans think a tariff imposed by the U.S. on China made products is paid by China. Nope. That tariff is paid by the importer in the U.S. who says, "fuck that" and passes it on to its customers. A simple example is Walmart agrees to by TVs from China for $100 a unit knowing that would allow a decent profit when the TV is sold to its customers. But the U.S. puts a tariff on the China made TVs raising the cost to Walmart to say $120 a pop instead of $100. The importer Walmart says hell "I'm not going to eat that additional $20" and instead passes the $20 on to its customers.
So what happens? The price of the TV at retail rises and customers say fuck it and stop buying; Walmart sales slump and reduces orders for China made tvs; China says okay bitches ima put a tariff on your shit. And the trade war is on. One thing is for sure, it is always the consumer who will take it in the shorts as a result of having to unnecessarily pay more. By example tariffs are only an effective weapon when an importing country like the U.S. buys a lot of products from China; but China in return and on purpose imports a lot less U.S. products, and the U.S. in response says since you won't buy our shit we're gonna tariff, i.e. "tax" yours. All Trump's bullshit about imposing these tariffs is to stop the influx of Fentanyl is just that, bullshit. He thinks he can bully China and other countries into buying American goods in proportions he deems acceptable. He's about to find out once again he can't.