Trell

Trell

Audioholic Spartan
You Still need a cookie? SMH.

Go here and see 16 countries who will be paying, letters sent today:

17..18..19..... more to come... You ought to try keeping up with current events.
Good grief.

A tariff is a sales tax on imports. Who do you think ends up paying that?

And what happened to the "90 deals in 90 days" that TACO promised?
 
D

Dude#1279435

Audioholic Warlord
"LMAO! CNN's Dana Bash's talking point immediately SMACKED DOWN by Scott Bessent. She was not ready for this. BASH: "The Yale Budget Lab says the richest Americans will see their income rise by nearly 2%. The lowest earning Americans will see their income drop by 3%..." BESSENT: "The Yale Budget Lab...they're all ex-Biden officials, so I think we can discount everything they say. I'd encourage all your viewers to look at the composition of both the board and the staff." "

The taxes on the rich actually go up - permanently. Listen to Scott Bessent tell you the truth, if you can handle it.
Bessent doesn't actually tell you why the figures are wrong there. He just says they are. Since he's a Trump devotee, I'd be skeptical of what he says.
 
Trell

Trell

Audioholic Spartan
Bessent doesn't actually tell you why the figures are wrong there. He just says they are. Since he's a Trump devotee, I'd be skeptical of what he says.
So will any person with some critical thinking skills, but here your replying to a MAGA dude that does not even understand that a tariff is essentially a sales tax on imports and not paid by the exporting countries. But hey, Trump says so and thus true! :rolleyes:
 
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PaulBe

Audioholic
Good grief.

A tariff is a sales tax on imports. Who do you think ends up paying that?

And what happened to the "90 deals in 90 days" that TACO promised?
"As per letters sent to various countries yesterday, in addition to letters that will be sent today, tomorrow, and for the next short period of time, TARIFFS WILL START BEING PAID ON AUGUST 1, 2025. There has been no change to this date, and there will be no change. In other words, all money will be due and payable starting AUGUST 1, 2025 - No extensions will be granted. Thank you for your attention to this matter!"
 
H

highfigh

Seriously, I have no life.
So will any person with some critical thinking skills, but here your replying to a MAGA dude that does not even understand that a tariff is essentially a sales tax on imports and not paid by the exporting countries. But hey, Trump says so and thus true! :rolleyes:
What are you trying to accomplish by coming here and ragging on this country? Do you actually exoect to cause changes, or does it make you feel good to see your words online?

Why don't you look at the countries people are leaving in hopes of a better life and try to change them? You may have heard T-bag call them 'sh!tholes and that's exactly what they are.
 
P

PaulBe

Audioholic

.@CEA47 Chairman @SteveMiran: "What we did is we looked at every category in the inflation index... and what we find is... that imported goods are actually getting CHEAPER."
Pattern Repeats – Imported Durable Goods Creating Deflation on U.S Consumer Prices

"The Term-1 effect of deflation created by tariff policy is resurfacing in Term-2 even with larger tariff impacts across the network of global manufacturing exports. [DATA SOURCE]

In essence, there is little to no end result in price increases in the final price of consumer goods (Consumer Price Index). In fact, there is a slight deflationary aspect on CPI data from imported durable goods. The lower price of arriving imported durable goods is effectively putting downward pressure on US consumer prices. This is identical to the Term-1 result. A pattern is repeating. [PCE personal consumption expenditure / CPI consumer price index]

It sounds counterintuitive, but tariffs do not impact the final price of goods to USA consumers; there are just too many factors, too many elements within the Total Cost of Goods (TCG) within supply chain. Global energy prices, domestic energy prices, currency evaluations and fluctuations, state/govt subsidies to manufacturers, labor negotiations and production profit offsets are only a few of the components.

Additionally, and this is where U.S. consumers do not get a fulsome explanation from corporate media analysts, the tariff rate is applied to the ‘cost’ the exporter pays, not the final consumer price. A pair of jeans from China may be sold to the import company for $5 per pair. A 30% tariff raises the price of the jeans by $1.50 to $6.50. The tariff rate does not apply to the retail price of $50 paid by the consumer."

Much more at the article, with embedded sources...
 
D

David_Alexander

Junior Audioholic
Pattern Repeats – Imported Durable Goods Creating Deflation on U.S Consumer Prices

"The Term-1 effect of deflation created by tariff policy is resurfacing in Term-2 even with larger tariff impacts across the network of global manufacturing exports. [DATA SOURCE]

In essence, there is little to no end result in price increases in the final price of consumer goods (Consumer Price Index). In fact, there is a slight deflationary aspect on CPI data from imported durable goods. The lower price of arriving imported durable goods is effectively putting downward pressure on US consumer prices. This is identical to the Term-1 result. A pattern is repeating. [PCE personal consumption expenditure / CPI consumer price index]

It sounds counterintuitive, but tariffs do not impact the final price of goods to USA consumers; there are just too many factors, too many elements within the Total Cost of Goods (TCG) within supply chain. Global energy prices, domestic energy prices, currency evaluations and fluctuations, state/govt subsidies to manufacturers, labor negotiations and production profit offsets are only a few of the components.

Additionally, and this is where U.S. consumers do not get a fulsome explanation from corporate media analysts, the tariff rate is applied to the ‘cost’ the exporter pays, not the final consumer price. A pair of jeans from China may be sold to the import company for $5 per pair. A 30% tariff raises the price of the jeans by $1.50 to $6.50. The tariff rate does not apply to the retail price of $50 paid by the consumer."

Much more at the article, with embedded sources...
Looks like Whitehouse propaganda to me.
 
H

hole46

Audioholic Intern
What are you trying to accomplish by coming here and ragging on this country? Do you actually exoect to cause changes, or does it make you feel good to see your words online?

Why don't you look at the countries people are leaving in hopes of a better life and try to change them? You may have heard T-bag call them 'sh!tholes and that's exactly what they are.
Americans don’t like listening to the truth!


Sent from my iPad using Tapatalk
 
D

Dude#1279435

Audioholic Warlord
Additionally, and this is where U.S. consumers do not get a fulsome explanation from corporate media analysts, the tariff rate is applied to the ‘cost’ the exporter pays, not the final consumer price. A pair of jeans from China may be sold to the import company for $5 per pair. A 30% tariff raises the price of the jeans by $1.50 to $6.50. The tariff rate does not apply to the retail price of $50 paid by the consumer."
Where's the $50 figure coming from? They go from $5 + $1.50, so then it should be Americans are still paying $5 while the exporter is paying $6.50 and lose money.
 
mtrycrafts

mtrycrafts

Seriously, I have no life.
...

Additionally, and this is where U.S. consumers do not get a fulsome explanation from corporate media analysts, the tariff rate is applied to the ‘cost’ the exporter pays, not the final consumer price. A pair of jeans from China may be sold to the import company for $5 per pair. A 30% tariff raises the price of the jeans by $1.50 to $6.50. The tariff rate does not apply to the retail price of $50 paid by the consumer."

Much more at the article, with embedded sources...
Who pays the $1.50 if not the consumer. Someone in the US does and bet mostly passed on to consumers one way or another. Maybe that $50 includes it.
And, is it realistic that a $5 item retail for $50?
 
mtrycrafts

mtrycrafts

Seriously, I have no life.
Where's the $50 figure coming from? They go from $5 + $1.50, so then it should be Americans are still paying $5 while the exporter is paying $6.50 and lose money.
Unless he is in that business tracking import price before tariff and final retail price, pure speculation. ;)
 
Trell

Trell

Audioholic Spartan
Looks like Whitehouse propaganda to me.
That "article" didn't pass the laugh test. He'll find out soon enough that the Trump tariffs will (and do) harm the US economy, and that includes the constant on/off tariffs that generates much uncertainty making it very hard for businesses to make decisions.
 
Trell

Trell

Audioholic Spartan
What are you trying to accomplish by coming here and ragging on this country? Do you actually exoect to cause changes, or does it make you feel good to see your words online?

Why don't you look at the countries people are leaving in hopes of a better life and try to change them? You may have heard T-bag call them 'sh!tholes and that's exactly what they are.
You've made clear many times that you're an xenophobe and don't like foreigners having an opinion different than yours.

So, of course, you defend a MAGA writing "Knowing you are not an American citizen, I have this message for you - America will no longer be a host for the parasites of the world." after extolling Trump, ICE and mass deportations in another thread.

In your usual style you post a wall-of-text-reply of a stream of incoherent consciousness totally missing the point in that reply. That, of course, is nothing new from you.

So why are you posting here? You can't make a coherent argument about just anything while being completely resistant to any facts that contradicts your prejudiced opinions.
 
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PaulBe

Audioholic
You've made clear many times that you're an xenophobe and don't like foreigners having an opinion different than yours.

So, of course, you defend a MAGA writing "Knowing you are not an American citizen, I have this message for you - America will no longer be a host for the parasites of the world." after extolling Trump, ICE and mass deportations in another thread.

In your usual style you post a wall-of-text-reply of a stream of incoherent consciousness totally missing the point in that reply. That, of course, is nothing new from you.

So why are you posting here? You can't make a coherent argument about just anything while being completely resistant to any facts that contradicts your prejudiced opinions.
"We will be releasing a minimum of 7 Countries having to do with trade, tomorrow morning, with an additional number of Countries being released in the afternoon. Thank you for your attention to this matter!"

7 more this morning. More coming in the afternoon. Keep whining. America will no longer be a host for the parasites of the world. If you want to be a friend to America - Great! We like friends.
 
Trell

Trell

Audioholic Spartan
"We will be releasing a minimum of 7 Countries having to do with trade, tomorrow morning, with an additional number of Countries being released in the afternoon. Thank you for your attention to this matter!"

7 more this morning. More coming in the afternoon. Keep whining. America will no longer be a host for the parasites of the world. If you want to be a friend to America - Great! We like friends.
I wonder if you're just a Russian troll.
 
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