Tariff Isn't Tax on Other Countries?🤪
Tariff Isn't Tax on Other Countries?🤪
152 comments
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Personally if I had to cut someone's hours, all else being equal, the one who took 50 attempts to figure out tariffs would go before the one who took 2.
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Trump & Co do love the uneducated.
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After brexit, the searches of "What is the European union" skyrocketed in Britain.
Most people are morons who don't think for themselves.
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This may be "unpopular opinion" stuff, but I frequently see highly upvoted populist pitches on Lemmy that are just the same; a supposed way of sticking it to the man that will quite obviously be borne by the little guy.
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Yeah there are too many poorly educated lefties here. Or worse, well educated and deliberately deceptive.
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Dumbasses go from not believing everything a politician tells them to believing everything a politician tells them because he's dRaInInG the SwAmP. Zero sympathy for anyone still buying their lies.
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It's not an issue of believing/not-believing politicians nearly so much as it is a media environment that's fully saturated with right-wing propaganda.
What do you tell a person who has been listening to AM Radio for 30 years? What do you tell a person that was taught Ayn-Rand-o-nomics in High School while the teacher clutched a copy of Atlas Shrugged alongside her Bible? What do you tell a person who has never actually been involved in the higher levels of business management, because our economic model is so subdivided and the commodities so fetishized?
You can't get mad at the loyal acolyte of a cargo cult for praying to the cargo gods if that's all they've ever known. Neither can you simply ignore the Cult Leader, who has been blaring the message from a megaphone into everyone's ears, for their entire adult lives.
I have immense sympathy for people who are pre-programmed to get hoodwinked by this shit and I count my lucky stars every day that I only get hoodwinked some of the time and mostly on things that don't obliterate my quality of life when they come due.
But more than them, I feel awful for the people who come after us, because we at least got to enjoy that World's Greatest Middle Class Life while it was on offer. The next generation is going to be fed all the same propaganda, but they're going to be doing it from in the pod while eating the bugs.
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You can't get mad at the loyal acolyte of a cargo cult
Yeah, I can. It's probably not productive or helpful or change inducing, but boy, can I. And some days I don't have energy to waste on regulating my feelings towards intentful idiots and then I do get mad. It doesn't change shit but at least I don't have to bottle all that up.
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Why else do Republicans love to defund education? Conservatism requires people to be ignorant about reality in order to have any chance at succeeding.
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He's a sucker. And his news media knows it.
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Delete Elon and Trump from existence and nothing will get better.
Why?
Because Americans are dumb as fuck and they'll still be dumb as fuck when and if those two are gone.
I'm old enough to have seen the same pattern multiple times. Republican leadership fails spectacularly, even pissing off many conservatives in the process. But as soon as the next cycle begins, those conservatives are back onboard voting for the absolute shittiest candidates.
Because to them an actual, literal dictator is better than a Democrat as president.
Our society is circling the toilet and it almost certainly won't get better within our lifetimes. Prepare yourselves for that.
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I actually don't consider this an issue of being dumb. It IS an issue with being under-educated (often deliberately in R states) and fed a ton of propaganda
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There's ignorance and there's stupidity. Stupidity will stubbornly resist any attempt to correct its ignorance.
Stupidity is a more dangerous enemy of the good than malice. One may protest against evil; it can be exposed and, if need be, prevented by use of force. Evil always carries within itself the germ of its own subversion in that it leaves behind in human beings at least a sense of unease.
Against stupidity we are defenseless.
Neither protests nor the use of force accomplish anything here; reasons fall on deaf ears; facts that contradict one’s prejudgment simply need not be believed — in such moments the stupid person even becomes critical — and when facts are irrefutable, they are just pushed aside as inconsequential, as incidental. In all this the stupid person, in contrast to the malicious one, is utterly self-satisfied and, being easily irritated, becomes dangerous by going on the attack.
For that reason, greater caution is called for than with a malicious one. Never again will we try to persuade the stupid person with reasons, for it is senseless and dangerous.
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If we want to know how to get the better of stupidity, we must seek to understand its nature. This much is certain, that it is in essence not an intellectual defect but a human one. There are human beings who are of remarkably agile intellect yet stupid, and others who are intellectually quite dull yet anything but stupid.
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It took Rome 1000 years to collapse. I expect instability in the us for the rest of my lifetime. I’m struggling to balance that reality and also living my life.
Also- I think COVID is to blame too. More people started living from the survival mindset and actually getting sick impacted their brain. Dictatorships help people feel safe.
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It took Rome 1000 years to collapse.
I mean, if you want to get extra snarky, Rome's still there. Still one of the wealthiest cities on earth, to this day. The infrastructure is what makes the city and that can be repaired or rebuilt, improved even, as generations come to their senses.
More people started living from the survival mindset and actually getting sick impacted their brain. Dictatorships help people feel safe.
I pin this far more on the toxic media atmosphere than COVID, although the pandemic definitely took its toll. That said, the current hysteria around migrants and Woke feels a lot more like the post-9/11 moment than COVID. Democrats rolling over sheepishly while a Republican wields unitary executive power to disappear dissidents and intimidate
What folks on here don't want to accept is that this isn't the first time we've had a President behave like this. Its not even the first time in our lifetimes (for the most part - sorry teenagers). This is more normal than not, in fact. Reagan's War on Drugs, Nixon's War on Crime, Eisenhower's Red Scare, and FDR/Truman's Japanese Internment echoed all the same fascist tendencies.
What's really changed in 2025 is the abysmal long term economic outlook. Liberals in 1984 could duck their heads and glare at the rampant poverty around them and mutter "If those hippie slackers had earned an education rather than smoking dope and fucking around, they wouldn't get picked on by the police". But now... fucking kids at Columbia University are being targeted. Surgeons are getting targeted. Judges are getting targeted.
Literally the only thing you can do to avoid these purges is Be MAGA. And "Just be MAGA, you won't get hurt" isn't something liberals can quite bring themselves to do yet (although keep an eye on Gavin Newsom and Richie Torries and Andrew Cuomo, because its coming).
Dictatorship isn't making people feel safe. It's making them feel terrified and helpless.
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They're symptoms, not the problem. Even if they were vanished from existing by will of a djinni or something, another would just take their place.
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Even if it were a tax paid by foreign companies, what difference does it make? They would just increase the prices the goods are sold at.
So, lets say, a smartphone that is priced at $1000:
With the 20% tariff in place:
If the Chinese conpanies pay the $200 per device, they just sell each phone at $1200 to the US importer.
If the US importers pay the $200 per device, similarily, they would tack on the $200 (on top of the usual markups), making it $1200 per phone.
There is zero difference, the end consumer always foots the bill.
This is so simple to understand, how are people this stupid
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Not necessarily: the company can choose to absorb part or all the tariff, since the demand would drop at the higher price anyway, and they might make more overall profit at a lower margin per item. But generally yes, most of the cost will be passed on to the consumer and prices will increase on average.
Example:
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found the economics student
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the end consumer always foots the bill.
Or the consumer can't/won't take on the extra burden of cost, and the business loses enough sales to go under.
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It's why they're called "pass-through costs."
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The difference is that this way it's much easier to calculate prices.
If the tax were 20%, the exporter would have to do the inverse calculation. That is, "which price will result in me gaining $1000?" Which is not 1200, since 20% of 1200 is 240. x = 0.8y -> y = (1/0.8)*x -> y = 1.25x. so the exporter would have to price it at 1.25x the price, $1250. 20% of 1250 is 250.
So it's unintuitive that a 20% tax would result in a 25% price increase. That's my guess why tariffs are applied to the importer instead of exporter.
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The only difference would be that money we spent would be going to the companies instead of the government. Tarrifs are a government putting taxes on their people to strangle industries in other countries. In both scenarios we pay the same, but the flow of money is different
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If you're Republican it's simple:
- A tariff is Trump's special magic that saves you from foreigners and wokeness, and MexiCanada pays for it.
- Stuff costs more at the store because the Biden Crime Family hurt the economy so bad, not even Trump can fix it right away. In fact it might even take more than 4 years, so we better keep him in office forever.
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I don't think he'll live more than 4 years anyway. Hopefully the movement collapses when he does
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I'm really looking forward to the turmoil in the Trumpublican Party after he's had his final Big Mac Attack. All the opportunists who've been using MAGA to advance themselves will be vying for position and clawing each other to pieces like the rats they are.
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The r’s are going to replace one clown with another. Approval isn’t necessary if you’re a dictator.
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If you're a republican at this point you're one of two classes:
- Elite, business owner, capitalist. Out for yourself and with enough money and resources and support to do what you want and evade hardships with ease while blaming people below you for their own problems. These are the people who know that if the system changes, they will lose their benefits and comforts and have every motivation in the world to keep pushing right-wing ideology even if they don't actually believe in it on some level. They have the luxury of not actually caring.
- One of the people below the elite who work two or more jobs or can't get ahead no matter what they do because the system is designed to keep the poor where they are and keep filtering the wealth upwards. These are the people without the time or education to learn why their lives are trash, and manage to watch 30 minutes of FOX or OAN news clips on facebook every Sunday night before bed so they truly, honestly believe that immigration and trans people are the source of all their problems and genuinely don't understand why the good guys aren't doing something about all the bad guys, because this is the extent of their mental strength.
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In truth I'd bet most of these people in numbers 2 are watching this stuff on their phones far more often than 30 minutes on Sunday night.
The wildest stuff comes up on my coworkers and acquaintances apps while scrolling. Like they'll be watching a cooking video then scroll down and a video about why this trans woman is the devil shows up. Usually they'll scroll right by but it's a constant stream of hate/disinformation on top of the usual low quality click bait.
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didn't understand why he was told the other countries pay the tariffs
that's easy: you were willing to vote for a guy who lied over 30 thousand times in his first term so he realized you're a fucking idiot and he could say anything without you thinking even half a second about it.
WHAT'S THE POINT OF EXPORTING SHIT YOU IDIOT WHY WOULD A COUNTRY DO IT IF THEY HAD TO PAY FOR IT
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Especially when tariffs go above 100%!
Like, do you believe French companies would be paying the shipping costs to give you free Champagne?
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The real Russian plot we've all missed completely has far, far less to do with paying Trump to sell them documents. That's the 2-dimensional public face of a cold-war that never ended and has been devastatingly effective against the USA.
The real Russian attack that we may never fully comprehend is exactly what they've done in other countries that they've subsequently annexed, which is making the general population stop caring about what's true or not. It's frighteningly easy to poison the well of public knowledge. You simply pour funding into efforts to boost BOTH SIDES of every social issue. When social debates and your nation's interests are ramped up and the rhetoric gets more and more extreme on both sides of an issue, when every story on both sides becomes suspect, people simply tune out or stop caring about what's true or not, and this is exactly where we are. Most people are more willing to just throw their arms up and go find a distraction than try to sift through what's real or not.
It was even easier to pull off in the USA than anywhere else because we have a built-in policy of fierce independence and individuality. We don't have communities around us, we don't have social circles that will make us want to step up our game, we don't have groups of people we care about telling us we're wrong, we don't have help from anywhere but inside our own heads. And if you've never been taught how your own thoughts can be wrong, if you've been fed the "special birthday boy" narrative for so long that you think highly of yourself, truth will seem toxic and poison because it will tell you things about yourself that will hurt. We don't seek out pain as a species, we use pain a signal to avoid a thing.
You can google "KGB tactics for destabilizing nations" and spend weeks reading about what's being done to us right now. But most people who read my message here will immediately feel that sneaking doubt or words of caution because "how do we even know what's real anymore."
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They willing pay the extra funbucks tariff monies for the privilege and honor of shipping it to America (at cost) on a chance some red-hatted half-wit will waste it.
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WHAT’S THE POINT OF EXPORTING SHIT YOU IDIOT WHY WOULD A COUNTRY DO IT IF THEY HAD TO PAY FOR IT
Yeah this is grade school level reasoning telling you that it obviously doesn't work that way.
A country's aluminum exports for example aren't extra aluminum they want to get rid of because it's junking up their basements and America is 1800-got-junk taking it off their hands at cost. It's a fucking series of material production companies in a different country. They too are based on capitalism and they too require profits in order to function.
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I tell people that if they think other countries pay the tariffs they probably believe Mexico is paying for a wall
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I would like to ask them what happens when taffis are increased to 100%? Does that mean producers are giving stuff for free?
And then what happen when the tarris are at 200%? Do they have to send stuff for free and pay on top of that?
One more thing - don't tell them they are wrong. Tell them they were lied to
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"Doing your own research" means watching one or two YouTube videos or Facebook posts as far as these people are concerned. No thought for themselves, just parrot what you hear.
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I don't understand why this even needs to be researched. I'm no economist and I don't know much about tariffs, but: costs more to get product to me for any reason = product costs me more. When has that ever not been the case? What am I missing?
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I think what you're missing might be that you're assuming that the producers stay the same over time. I.e. if it costs more to get that product to you from China, then an US company would produce it instead in the future to circumvent the tariffs. That brings labor/jobs to the US. I think that is the idea behind the tariffs. Any questions left?
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Hey, you have to factor in things like market capture! They could be operating entirely at a loss just to ensure no other competitor can operate in the same market.
(/s because duh more cost = more price)
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What kills me is that we shouldn't be researching a thing that was taught in school.
Actual footage of us GenX kids learning about The Hawley-Smoot Tariff Act.
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What do you tell the people who are in fact thinking themselves and concluding that:
adding tariffs is a good thing for the US workers. for one, it ensures that resources (like aluminum) are being sourced from within the US, adding extra mining jobs. For two, it means that complex goods tend to be manufactured/assembled within the US, again adding labor/assembly jobs. For three, why should the product become more expensive to the end user if it's the same production process being employed?
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"He was told the other countries pay the tariffs", by a bunch of liars and he believed the liars.
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The real hard part is it's a partial truth.
The sellers do pay the tariffs, they just don't talk about what that does to the prices.
The other problem is it cuts both ways, and a number of the idiots will say as long as you're hurting them too, fine.
And then we have retaliatory tariffs, which also cut both ways.
IMHO, our biggest issue is we've been using cheap Chinese products and labor as a crutch instead of increasing wages. They've been able to cut down wages because Amazon, Temu and Shein have been providing products WAY WAY under marketable US made prices.
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Real answer is in the last line there. If 60% of people we're capable of doing their own research (and arriving at the correct answer) then we wouldn't have anti-vaxers, flat-earthers and non-billionaire/non-bigot/non-christian nationalist republicans.
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Omg. We’ve come full circle now that smart people are telling idiots to do your own research…
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I recently learned that almost 1 in 5 Americans are illiterate.
How many Americans do you think are reasonably well educated, so that they would understand somewhat complex issues like tariffs? Or could seek out information if they didn't understand?
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Im still surprised by that , the quality of education in my country is low but holly fuck im stunned by the lack of education in the states
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It is highly regional, too.
Despite the existence of the Department of Education (which Trump is trying to dismantle), there is no national standard for education in the US. In general, each state is free to decide upon its own policies and standards.
Some states, such as those in the northeast, have very high-performing school systems. So when that "1 in 5 are illiterate" statistic is mentioned (I actually have not verified that number, just quoting the prior claim as an example), it would be caused by low-performing states where the situation is much more dire dragging down the national average.
Here's a general look at quality of education in the US by state, though recommend folks look up their own numbers because I haven't validated the numbers pulled in the article I grabbed this from.
It's not a perfect divide between red states and blue states (Florida appears good, California less so, as an example), but in general we see the lower performing states located mainly in the South where the Republicans have more support. Basically, a less educated populace is easier to manipulate.
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It's by design.
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Important note - literacy isn’t simply about being able to recognize and pronounce letters and words. A person can sound out every word in English, and understand what each word says, and still be illiterate if they cannot comprehend the message the words express together.
That’s where this illiteracy arises - it’s a failure of reading comprehension. In this light, I imagine many of us have attempted conversation online with somebody functionally illiterate.
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"Are you saying 1 fouth of Americans are removed?" "Yeah at least 1 fourth."
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I wrote a comment explaining Tariffs on a Fox News YouTube video a few weeks back, and the entire reply chain was people arguing with eachother about how tariffs work because "Trump said it's a tax on other countries, so that's how they work"
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You’re doing god’s work in the hellish trenches
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That's front line in "Trench Crusade" level of trenches.
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It’s the problem that reality is more complicated than the simplified version trump gives his followers.
If you don’t know how something works and someone very confidently tells you how it works and it sorta maps onto familiar concepts, boy is that catnip.
Maybe all the countries are just sitting around like people and Canada is like a guy buying our stuff and we are just making that guy pay a tax. I’m a guy, I pay taxes, sucks to be that guy but probably rules to be the guy getting the tax revenue, and now trump made that us, awesome!!!
Transmitting this wrong idea is fast because it maps onto their lived experiences. It’s easy for them to conceptualize Canada as a single monolithic entity that is buying shit and having to pay a tax. So in one stroke they get a double dopamine hit.
- I’m not dumb, I get how this all works, and it was pretty easy!
- we get to collect these taxes instead of having to pay them, awesome!!!
So here you come to explain, “that’s not how any of this works” Canada isn’t one entity, it’s many. Sure the tariff is on their stuff, but it’s paid by the person buying it, us. And you can go on about all the ways they are wrong but you are threatening the fact that they are not dumb and they already understand this and their understanding means they are winning. So you want them to admit they are dumb and getting fucked and that’s a hard sale.
This is the real danger of hypernormalization, it allows people like trump to replace the complexity of reality with a fake but simpler version. And it’s so dangerous because the people that buy in to that fake but simpler version have this weird insane incentive to defend it.
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Plot twist: the person writing this is President Musk and the employee he's referring to is Trump.
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Or, we can hold the fucking media accountable for telling blatant lies about the impacts of tariffs.
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Man, this isn't even "doing your research" it's just knowing what very basic words mean.
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That’s actually a huge problem I’ve had with a right winger.
Even though he was relatively reasonable, we got stuck because we could not agree on what fascism means.
I was good to use a dictionary or better yet Wikipedia. He said it can only mean what Mussolini meant when he came up with the term.
What was annoying is that all I wanted to do was say, group X does Y things, Y things are fascism and fascism is bad.
It’s just mental gymnastics because it doesn’t matter what we call it, group X is still doing bad things, but instead we got stuck on details.
Imo this is pretty much all right wing’s only play, dismantle the tools of logic so the conversation doesn’t even happen in the first place.
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Mussolini also said that fascism was whatever it needed to be in the nation it was in, for future reference. There is only the pragmatic consolidation of power.
It does not even matter if is the state consolidating power, or the church, or corporations, only that the process is aimed at merging their powers in the end.
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I bet a coworker $20 that "tariff" and "tax" were synonyms. Motherfucker refused to pay up, calling merriam-webster.com, thesauraus.com, wikipedia etc. "fake news".
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Your mistake was referencing a woketionary.
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A tariff is a tax or custom duty on an imported good.
Tariffs can lead to a reduction and higher prices on foreign imported goods.[1] Like the corporate income tax, domestic consumers ultimately pay the tax in higher prices. -
Arguing with idiots is like playing chess with a pigeon. No matter how good you are, the bird is going to shit on the board and strut around like it won anyway.
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It's anti-intellectualism.
You don't need to understand any of it, you can just ask people who spend their lives researching this stuff.
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The OP is battling against what Faux Newz, Dipshit Donnie, and other right-wing propagandist shitrags are telling his employee, all which the employee takes as indesputable truth. If he can override that much brainwashing he can convince anyone of anything.
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"The Big Lie" is what Sanders is calling it.
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How many "big lies" are we up to now?
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But the guys in OP, they don't turn on daddy Trump. It can't be that they were lied to, then they'd have to do something alien to them like introspection. No, it must be...an honest mistake? Honestly have no idea how they'd justify it internally.
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Because to these people, being ‘bad’ isn’t something you do, it’s something you are. You may thank certain types of Christianity for this nonsense.
So the thinking goes something like: ‘I’m a Good Person. And as a Good Person, I only vote for/support Good People, because I am Good. So the people I voted for are Good, because only a Bad Person would vote for Bad People, and I’m not Bad, I’m Good. So Trump can’t be Bad; he must have just made a mistake.’
This is also why they favor punitive jailing instead of trying to reform criminals; criminals are Bad, and so they will always do Bad Things. It’s also why they do stuff like try to get rid of abortion. If a woman got pregnant from ‘sleeping around’ then she’s a Bad Person and deserves to be punished by carrying the child to term.
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And the people who voted for the orangetard will still be shafted by him and his mafia yet will continue to blame "obiden" for their economic woes. 🥱
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literally googling tariffs, brings you to a government page that lists tariffs, duties, and taxes under the same fucking definition.
How people like this DO NOT understand this shit, is beyond me. I can respect the humility in changing your position after being that stupid though, please, due your due diligence before mindlessly repeating the shit other people tell you, so you don't look stupid.
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What, visit a website, read it, then comprehend it? What, like a book?! May as well ask them to make a phone call.
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yeah, otherwise you're a dumbass, and will look like one to everyone around you, unfortunately.
This is normal behavior. Ironically they would probably be more than willing to make a phone call.
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Doing your own research or, you know, trust the experts? There's no way I will get deep enough into virology to get a proper grasp if I need a vaccination. But I for sure won't trust a random space Karen or brainworm Jimmy.
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and every one of the millions who
wereare just as dumb, will forget the lessons learned well before the next election and vote for it all over again.-
...next election?
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You know, the one Trump wins with 106% of the totaled votes.
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nice of you to assume there's gonna be a NEXT election.
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Next try telling him there's no God with an EKG. The same part of his brain will be activated, guaranteed. Not to dock religion. But US conservatism is a religious cult basically.
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The whole thing was very purposefully talked about using the word "tariff" and never ever its synonym "import tax" exactly so that the traditional Fascist technique of redefining the meaning of words could be easily used: if all the Fascists' speech had been about "import taxes" they would not have been able to leverage most people's ignorance anywhere near this level because the very words "import" and "tax" were already reasonably well understood by most - unlike "tariff" - so the opinion makers would not have been able to miseducate their targets anywhere as easily.
I'm not saying that the people who fell for this are to be excused - if there is something important enough for you to put the effort into educating yourself, it's Politics - I'm saying it's understandable how so many were so easy to swindle.
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Some people genuinely are fucking dumber than a rock
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Of course the employee is wrong, but the OOP isn't tackling the argument in a really productive way. There's an opportunity to meet the employee where they are.
People caught in the right wing noise machine always seem to understand that businesses pass on business taxes to the consumer. So, if other countries were paying the tariffs, why wouldn't they pass those costs on?
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Did you read the post? It sounds like they explained it thoroughly to them prior to the tariffs going into effect and it went in one ear and out the other.
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Yeah, whenever people say "the other country pays" (well, before this election cycle) what they meant was that the higher price would encourage shoppers to buy domestic this the other country "pays" because they get less revenue. Prices would go up either way though because of the domestic goods were cheaper they would've already been the first pick. The thing about taxes is that it doesn't really matter if it's placed on the supply or demand side, the end effect is the same. Sure, it will feel different and there might be different short term effects, but it's the same regardless. The price is higher and government gets a cut.
So I don't really understand why people believe that even if the foreign country/company was paying the tariff why people would think prices stay the same. As if other countries are just going to get a 25% fee and not increase prices by ~25% to cover that.
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The most charitable argument for Trump would be that foreign businesses reduce their prices such that the price paid by their US customers is the same as before the tariffs to remain competitive in the US market, but I think most MAGAs literally just never thought about it.
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I get what you're saying but you're reinforcing the belief that other countries are paying the tariffs. They're not paying anything. A tariff is a direct tax on anyone importing products into the country.
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I'm not reinforcing anything. I'm saying bypass that part entirely, and use the conservative talking points against taxes to discuss this. That the end consumer is ultimately the one that pays, no matter what.
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To be fair, economics is not intuitive. Half of it is built out of unicorn dust and human imagination. How else would bitcoin even exist? For those of you who are economists and love the money side, vs the behavioral side, that’s great, we need people like you to explain it to the rest of us.
I work with a real system that will still exist no matter what happens with politics or money, so it takes work, for me. That said, tariffs and inflation are not difficult concepts provided you simply take the time to learn.
I know someone who lost their job in December due to tariffs anticipation, and they were not alone in that group of layoffs. The effects are there even if you fail to learn the reasons.
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Half of it is built out of unicorn dust and human imagination.
Economics is applied psychology at scale hiding behind the idea of math and using "businesses" and "markets" to depersonalize their findings and play pretend at describing natural laws. All it's really describing is the behavior of people, and a wildly nonrepresentative subset of people at that.
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It's not that complicated that when a company with thin margins has to pay a tax, they have to pay it on to consumers.
Your finance department doesn't care about the difference between a more expensive part due to scarcity vs a more expensive part due to a tax.
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For extra sad - what is economical is more intuitive bcs it's not just a human skill, it's a skill nature forces all species into in one way or the other.
\ 'Economics' (the human science) however adds so many extra steps, scales, and logistics that is def not immediately intuitive (even in the simple cases when it is).In both cases there is a certain element of future uncertainty so risk management is essential.
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Isn't this the same debate as to how one country can (or cannot) force another country to pay for a random construction project that isn't in anyones interest (that wall)?
It's not like the concept is beyond (basically, 99.9+%) anyones cognitive abilities. It's just how ads (the science behind it is plentiful, it's a giant business sector) work on human brains.
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Ive never been opposed to learning through experience rather than what others tell you. Dont trust anything you can't verify yourself.
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Some people are just dumb. It doesn't help that our education system is designed to produce worker bees and not educated citizens.
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Worker bees don't even get to have sex with the queen-president!! :'''(
Are the male bee drones the cabinet circle?
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Male bees have sex once mid flight and die.
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Hire smarter employees.
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Those cost more, and with the tariffs I doubt he can afford it
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God damn! This is so simple a third grade student can understand it. The US government has no authority to tax foreign governments, citizens or businesses. They can only tax American citizens and businesses. So Trump puts a 50% tariff (Import Tax) on tea from England. The tea costs $5.00. The person or corporation who imports it, pays the $5.00 cost plus the $2.50 tariff. The US government gets the $2.50. In this case, Trump and Musk are probably just stealing it.
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You forgot that the tea now costs $7.50 which is paid by the consumer. The tea company sure as shit isnt taking a 50% loss to sell tea now. So the american consumer pays the tariff. Shitler and goebbels pocket the 25% that comes out of an american workers paycheck.
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Even worse. The company selling it needs to meet percentage profit margins. So before when they paid $5 and charge 50% markup, it was 7.50. Now that it is $7.50 cost, they don't charge $10, they charge $11.25.
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I don't understand how they think this works
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A lot of them think that the country with the tarrifs levied against them needs to pay the country they are exporting to to sell the goods there like a "If you want to do business here" tax on the country exporting.
But in all honesty even if it did work that way, the exporting country would just jack the prices up to cover it. The end result for US citizens would be the same.
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But in all honesty even if it did work that way, the exporting country would just jack the prices up to cover it. The end result for US citizens would be the same.
This. It doesn't matter whether the exporter or importer is payign the tariff, the result is the same - it increases the cost of goods, and that cost is going to get passed down the line, plus margin.
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I think it actually can't work that way at all if he does that. Theoretically, it'll work upto 100% tarrifs but it's way worse.
Imagine mr T says 100% tarrifs on product X, that costs $20.
If consumers pay it then it just costs $40 and it's over. If the original country pays it then they have to pay $20 to sell $20 product, which is not profitable at all. But if they jack the price to $40, then they have to pay $40, again not profitable. So this system only works for smaller % tarrifs so that they can raise the price to cover that.
Suppose you have $2 profit (10%) on $20 item, and 20% ($4) tariffs. You can't pay more than your profit, so you increase the price from 20 to 26, now you have 30% ($8) profit, you pay 20% ($5) tarrifs and get total 10% profit. So you see with 20% tariff you get 30% increase in cost. So this would work worse than consumers directly paying 20% tariffs.
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Where was this posted?
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Well they are a tax that other countries will pay so they are half right. But the point is the other countries will place tariffs on our stuff. Trade wars don't usually end well, just fucking over consumers.
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No they are a tax that importers pay. Not exporters or their government.
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No.
A tariff on foreign products entering the US is paid by American consumers.
It's to discourage Americans from buying foreign products and to pursue cheaper local options instead.
Except America hardly manufactures anything anymore.
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Also what little we do manufacture is generally more localized and smaller scale. You aren't gonna suddenly increase the output of the guys building manufactured goods on the small scale just because there's a tarrif.
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Yes that's what I was trying to communicate, I guess I didn't phrase it well.
Goods coming in are paid by the consumers to our government, making it pretty much a tax on ourselves. The point of this is to manufacture stuff at home. I actually hope it ends up well because sometimes I want to buy stuff from people with fair wages and it's hard to do so. Like finding stuff like electronics related is all from China.
And then there is the other tariff from our country to other countries which is placed on our American goods entering in their country. This mainly is hurting ourselves and the best case scenario is we end up being self sufficient. I'm not sure if it will turn out this way or things will stay how it is, manufactured elsewhere and imported in at a higher cost.
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