Trump Gets RUDE AWAKENING as TARIFFS BACKFIRE

ronmch20

Rising Star
BGOL Investor
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. :hmm:
 
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SmoothD

Smooth*****
BGOL Investor
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. :hmm:
Excellent breakdown
:thumbsup:
 

kuervogold

Rising Star
BGOL Investor
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. :hmm:
This is his business practice. He really thought /thinks he's a Rockerfeller
 

Temujin

Rising Star
BGOL Investor
He's entering a trade war with Mexico, Canada and China at the same time. The border guy starts a trade war with both our borders. LOL

Trump said tariffs don't cause inflation they cause success big success. LOL You can't have a brain and seriously think this guy does. LOL

And now that Musk has control of the Federal Payment system where do you think all this tariff money collected will go? LOL This is a bank robbery of the American people on a diabolic scale.
 

bdquest9

To teach the truth to the young black youth
BGOL Investor
“I love the poorly educated”.
“He’s a businessman and knows how to fix the economy”.
 

woodchuck

A crowd pleasing man.
OG Investor
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.
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...
 

conspiracy_brotha

Independent thinker
BGOL Investor
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.
 

Mt. Yukon

Rising Star
Registered
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.
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.
 

callbacc

Rising Star
BGOL Investor
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.
:hmm:
I was trying my best to explain this to my co-workers and they still didn't get it.
 

slowmotion

Rising Star
BGOL Investor
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.
:hmm:

Yep! Which benefits him and his business partners. China has never been overly dependent on USA imports. There are some farming products and some other shit. But no where near as much as we import from them.
 
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