Who pays the US tariffs?

06 May 2025, 22:58

This video is NOT for the faint hearted. <BR><BR><a href="https://edition.cnn.com/2025/05/06/politics/video/bessent-pocan-trump-tariffs-cost-vrtc" target="_blank">Who pays tariffs? </a>Who pays the tariffs? Let's see if the AR crowd understands this better than their political leaders.Foreign countriesForeign companiesUS importers (who "may" want to be reimbursed by their US customers)Humm... hrm. Hhhhhhum. It's a complicated issue.

06 May 2025, 23:58

tomahawker

Last year, the EU imposed up to 45.3% tariffs on Chinese-made EVs after the European Commission found that China's car industry benefited from “unfair subsidization,” according to Autocar. Major Chinese automakers like BYD, Geely, and SAIC Motor face 17%, 18.8%, and 35.3% tariffs from the EU, respectively.

07 May 2025, 00:13

ANTELOPEDUNDEE

It's been beaten to death. I would want to see an ACCURATE listing of what it costs a U.S. company to sell to various foreign countries vs what we have been whacking them to sell here and no numbers pulled from trump's ass please.

And before trump started his tariff shitstorm.

Then I could decide for myself what is fair.

07 May 2025, 00:36

HerrBerg

quote:
Originally posted by tomahawker:
Last year, the EU imposed up to 45.3% tariffs on Chinese-made EVs after the European Commission found that China's car industry benefited from “unfair subsidization,” according to Autocar. Major Chinese automakers like BYD, Geely, and SAIC Motor face 17%, 18.8%, and 35.3% tariffs from the EU, respectively.

Indeed. If I buy a BYD, the importer in Sweden will have to pay the tariffs.

07 May 2025, 00:39

HerrBerg

quote:
Originally posted by ANTELOPEDUNDEE:
I would want to see an ACCURATE listing of what it costs a U.S. company to sell to various foreign countries

Costs them nothing. It's the importers paying.

07 May 2025, 01:03

HerrBerg

74 views, 6 votes so far. Truth hurts, it seems. Grown up peope afraid to admit to themselves what they have already understood.

07 May 2025, 02:47

ANTELOPEDUNDEE

quote:
Originally posted by HerrBerg:
quote:
Originally posted by ANTELOPEDUNDEE:
I would want to see an ACCURATE listing of what it costs a U.S. company to sell to various foreign countries

Costs them nothing. It's the importers paying.

If the tariff is sufficient that the importer won't pay it or pass it on then the U.S. seller is losing sales. Do you know for a fact that China's or every other country's tariff/duty/tax system works just like ours?

07 May 2025, 02:49

jeffeosso

Didn't Walmart tell all it's suppliers to eat the cost of tariffs?

07 May 2025, 02:52

Steve Bertram

quote:
Originally posted by jeffeosso:
Didn't Walmart tell all it's suppliers to eat the cost of tariffs?

If only the world was such a simple place, you sweet summer child.

07 May 2025, 03:04

jeffeosso

Yeah, they did.. here's an article from that well known alt-right news source

https://finance.yahoo.com/news...mands-142200780.html

07 May 2025, 03:08

Steve Bertram

Explain how that works on an international commodity market with something like coffee. Should be easy enough with your advanced degrees and new understanding of tariffs being a tax.

Wal-mart might demand plenty, doesn't mean they are going to get it.

The importer pays the tariffs and either eats it or passes it along. Please stop trying to spread Trump's bullshit. What next? Are you going to tell us that Mexico paid for Trump's wall too?

07 May 2025, 03:40

Tumbleweed

At least where we live, Walmart is very clearly avoiding U.S. products and stocking shelves with as much Canadian & other product as they can.

Yesterday we noticed not a single bin of Florida Oranges; they were all from Spain, Morocco or Turkey. Other produce was largely Mexican or South American, with even some from Vietnam. One of the ladies in the produce section told my wife that they had to throw out a lot of spoiled American product; nobody would buy it.

There’s a noticeable shift in shelf allocation. American product is either well above eye level or floor level with Canadian & other products at eye level. In many cases red Maple Leaves are stuck on shelves and packaging to assist shoppers in choosing.

I’m also hearing reports that commercial greenhouse construction is booming to meet the demand for local lettuce, tomatoes and cucumbers - where we once never even gave it a thought, now every item is scrutinized for its source. And I’m in Alberta, which is the most ‘pro-U.S.’ part of Canada. I suspect the shunning is even more aggressive farther east.

The poll above - well over 130 views, and only 9 responses tells me yes, they know, but they cannot bring themselves to admit it.

This is madness, and the longer it endures the longer it will take to reconcile.

07 May 2025, 03:54

theback40

Or many are like me. I have never voted in any of these polls for anything, because I dont care about them.

07 May 2025, 04:14

Bobster

If importers elect to import we will or they won't sell it. The idea of the tariffs is to level the playing field and allow cross-trade. It will likely be very short term. Prices will stabilize.

07 May 2025, 04:18

Bill Leeper

quote:
Originally posted by HerrBerg:
quote:
Originally posted by ANTELOPEDUNDEE:
I would want to see an ACCURATE listing of what it costs a U.S. company to sell to various foreign countries

Costs them nothing. It's the importers paying.

That's not quite true. American manufacturers and retailers have to pay a bunch to get export licenses from the state department, so they can sell rifle barrels (or scopes, or scope mounts, or stocks, or bullets, or brass) to Canadians,
for instance. Trump had little to do with this except costs increased during Trump's first term. They increased more during Biden's term. Rest assured, they will never be gone. Bill

07 May 2025, 04:29

Bill Leeper

quote:
Originally posted by Tumbleweed:
At least where we live, Walmart is very clearly avoiding U.S. products and stocking shelves with as much Canadian & other product as they can.

Yesterday we noticed not a single bin of Florida Oranges; they were all from Spain, Morocco or Turkey. Other produce was largely Mexican or South American, with even some from Vietnam. One of the ladies in the produce section told my wife that they had to throw out a lot of spoiled American product; nobody would buy it.

There’s a noticeable shift in shelf allocation. American product is either well above eye level or floor level with Canadian & other products at eye level. In many cases red Maple Leaves are stuck on shelves and packaging to assist shoppers in choosing.

I’m also hearing reports that commercial greenhouse construction is booming to meet the demand for local lettuce, tomatoes and cucumbers - where we once never even gave it a thought, now every item is scrutinized for its source. And I’m in Alberta, which is the most ‘pro-U.S.’ part of Canada. I suspect the shunning is even more aggressive farther east.

The poll above - well over 130 views, and only 9 responses tells me yes, they know, but they cannot bring themselves to admit it.

This is madness, and the longer it endures the longer it will take to reconcile.

All of this doesn't matter. Trump says Canada's trade isn't that important to the US anyway. Bill

07 May 2025, 10:00

HerrBerg

quote:
Originally posted by Bill Leeper:

That's not quite true. American manufacturers and retailers have to pay a bunch to get export licenses from the state department, so they can sell rifle barrels (or scopes, or scope mounts, or stocks, or bullets, or brass) to Canadians,
for instance. Trump had little to do with this except costs increased during Trump's first term. They increased more during Biden's term. Rest assured, they will never be gone. Bill

Paid as a percentage of the price for the item, or just as a flat fee to the US for compliance with US laws? Not the same thing.

07 May 2025, 20:00

HerrBerg

quote:
Originally posted by theback40:
Or many are like me. I have never voted in any of these polls for anything, because I dont care about them.

Ah, but please make one exception. It hurts nobody. Or answer in this thread - what answeralternative would you choose?

07 May 2025, 22:48

Bill Leeper

quote:
Originally posted by HerrBerg:
quote:
Originally posted by Bill Leeper:

That's not quite true. American manufacturers and retailers have to pay a bunch to get export licenses from the state department, so they can sell rifle barrels (or scopes, or scope mounts, or stocks, or bullets, or brass) to Canadians,
for instance. Trump had little to do with this except costs increased during Trump's first term. They increased more during Biden's term. Rest assured, they will never be gone. Bill

Paid as a percentage of the price for the item, or just as a flat fee to the US for compliance with US laws? Not the same thing.

Not the same thing but cost is cost. You stated it cost nothing. Not true. In other words, the US has no problem with heaping costs on Americans, and they seem to like it. Bill

08 May 2025, 00:10

crbutler

Well, since businesses aren’t charitable organizations, the customer will pay regardless of how government enacts fees/taxes/regulatory burden.

Who writes the check? Whoever is buying it from/in the foreign nation and brings it into the country. Whether that is the customer, an importer, or the manufacturer depends on their business model they are using. I’ve paid duties myself, and I’ve paid a flat product price as well.

The customer in the end has to decide if they want it badly enough to pay the freight.

08 May 2025, 23:47

Steve Bertram

If this what we have to look forward to, we are well and truly screwed. After Trump's big trade deal with the UK a rifle will be hit with almost 14% duty/tariffs, so exactly what it has been since the dumb ass instituted the tariffs. What a turd we have in the oval office

https://www.bbc.com/news/live/cn91dxzv4pnt

09 May 2025, 01:56

HerrBerg

quote:
Originally posted by Steve Bertram:
If this what we have to look forward to, we are well and truly screwed. After Trump's big trade deal with the UK a rifle will be hit with almost 14% duty/tariffs, so exactly what it has been since the dumb ass instituted the tariffs. What a turd we have in the oval office

https://www.bbc.com/news/live/cn91dxzv4pnt

Fun fact: the US has a TRADE SURPLUS w/ the UK. Now, what was the reason for these tariffs?

09 May 2025, 02:25

Steve Bertram

quote:
Originally posted by HerrBerg:
quote:
Originally posted by Steve Bertram:
If this what we have to look forward to, we are well and truly screwed. After Trump's big trade deal with the UK a rifle will be hit with almost 14% duty/tariffs, so exactly what it has been since the dumb ass instituted the tariffs. What a turd we have in the oval office

https://www.bbc.com/news/live/cn91dxzv4pnt

Fun fact: the US has a TRADE SURPLUS w/ the UK. Now, what was the reason for these tariffs?

Little hands and a smaller mind would be my assessment.

The man is a lying piece of trash, at best.

Here's to hoping he chokes on a bag of dicks. The fucking asshole.

11 May 2025, 03:37

TomP

quote:
Originally posted by HerrBerg:
quote:
Originally posted by Steve Bertram:
If this what we have to look forward to, we are well and truly screwed. After Trump's big trade deal with the UK a rifle will be hit with almost 14% duty/tariffs, so exactly what it has been since the dumb ass instituted the tariffs. What a turd we have in the oval office

https://www.bbc.com/news/live/cn91dxzv4pnt

Fun fact: the US has a TRADE SURPLUS w/ the UK. Now, what was the reason for these tariffs?

Theater. An winning image is needed, even if the conquest wanted the tryst anyway...

19 May 2025, 17:06

Steve Bertram

quote:
Originally posted by jeffeosso:
Yeah, they did.. here's an article from that well known alt-right news source

https://finance.yahoo.com/news...mands-142200780.html

Walmart apparently was not able to get its suppliers on board, US consumers will be footing the bill.

Surprised Jeffe? I'm not.

19 May 2025, 20:10

HerrBerg

quote:
Originally posted by Steve Bertram:
quote:
Originally posted by jeffeosso:
Yeah, they did.. here's an article from that well known alt-right news source

https://finance.yahoo.com/news...mands-142200780.html

Walmart apparently was not able to get its suppliers on board, US consumers will be footing the bill.

Surprised Jeffe? I'm not.

Strange. Why wouldn't chinese suppliers want to pay taxes to BOTH China and the US?

28 May 2025, 07:46

ANTELOPEDUNDEE

28 May 2025, 08:17

TomP

quote:
Originally posted by HerrBerg:
quote:
Originally posted by Steve Bertram:
quote:
Originally posted by jeffeosso:
Yeah, they did.. here's an article from that well known alt-right news source

https://finance.yahoo.com/news...mands-142200780.html

Walmart apparently was not able to get its suppliers on board, US consumers will be footing the bill.

Surprised Jeffe? I'm not.

Strange. Why wouldn't chinese suppliers want to pay taxes to BOTH China and the US?

You'd think that a general sense of patriotism, coupled with the desire to enrich the poor, would serve to make it a goal, to pay both. Think of the boost to one's social credit score!

Oh, wait...

28 May 2025, 09:39

Saeed

Prices are going up.

The MAGA FUCKWIT is not happy!

Blames everything else for his disaster!

28 May 2025, 19:02

TomP

quote:
Originally posted by Saeed:
Prices are going up.

The MAGA FUCKWIT is not happy!

Blames everything else for his disaster!

There is nowhere else to go, but up. The dollar must be devalued in order to continue paying the interest on our national debt. Imports are to be discouraged to mask the decline.

Alas, there is more, and worse. A ton of collateral is going the way of treasury debt, not worth what it was when interest rates were at historic lows. Silicon Valley Bank was just the beginning.