President Donald Trump
I assume it's still acceptable to have a Trump thread in a Politics forum?
So this is an obvious lie - basically aimed at
So now it's just some, not all.
Bahbah and your 1st post didn't specify that at all, you both worded it like it was the general rule.
I would be interrested to see what percentage of foreign exporters do lower their price to counter the tariffs, we might end up with the '' nitty technical point'' ,
Seemingly exporters do not do this in most cases, according to a Kiel Institute study last year. They prefer to maintain the profit margin and take the hit on sales volume. The tariff cost is almost entirely passed on to the US consumer.
It was always some. Some eat some of the cost some of the time
My post never remoty suggested all
It's arguable how much but when people say the foreign country pays they are not making some nitty technical point. It's about how much prices go up and that can be less than the tariff percentage because part of the increase is being absorbed by lower profits for the exporter.An exporter is paying part of the price of the tariff if they reduce their profit margin even if techn
Again, if the importer negotiates it with the exporter. I have a friend who went through this and the conversation basically went like this: "We're your biggest buyer. You need to help us with the tariff" with the implied threat that they will seek other solutions, and the exporting company offered to split the tariff cost. I'll bet a large sum this company didn't offer such a deal to an importer that only does a tenth of the business with them.
It was always some. Some eat some of the cost some of the time
My post never remoty suggested all
It was poorly written then, ''some'' might be 0.0001% to 49.999%?
Kinda irrelevant without numbers and indeed falls in the nitty part of the point.
What you end up with is actual American companies passed the price of tariffs on consumers. even those who weren't affected much (because why not).
The whole idea ''foreign countries'' pay the tariffs is really just a good slogan.
Seemingly exporters do not do this in most cases, according to a Kiel Institute study last year. They prefer to maintain the profit margin and take the hit on sales volume. The tariff cost is almost entirely passed on to the US consumer.
I think the study is good but have to be careful with this.
I believe the kiel study shows price not profitability is mostly maintained. Maintaining prices is a reduction in profitability and it's as yet unclear how much of that is down to tariff. Some of it will be and a pressure that doesn't disappear for many years (unless we get rid of the tariffs). It will be years (assuming tariffs are maintained) before we can see how export prices went down in real terms because of the tariffs.
It was poorly written then, ''some'' might be 0.0001% to 49.999%?
Kinda irrelevant without numbers and indeed falls in the nitty part of the point.
What you end up with is actual American companies passed the price of tariffs on consumers. even those who weren't affected much (because why not).
The whole idea ''foreign countries'' pay the tariffs is really just a good slogan.
it will be years before we have the numbers. All we have for now is that we don't know how much will be absorbed by sellers and we don't know how much usa manufacturing will be boosted or harmed. It's all small to start with which doesn't remotely make it irrelevant.
it's a silly slogan but i don't give a **** about the slogan.
Again, if the importer negotiates it with the exporter. I have a friend who went through this and the conversation basically went like this: "We're your biggest buyer. You need to help us with the tariff" with the implied threat that they will seek other solutions, and the exporting company offered to split the tariff cost. I'll bet a large sum this company didn't offer such a
It's interesting. Would that show as the price being maintained (as per the kiel study)? i.e unit price stayed the same, split the tariff cost between importer and exporter
It's interesting. Would that show as the price being maintained (as per the kiel study)? i.e unit price stayed the same, split the tariff cost between importer and exporter
Exporters don't pay tariffs. They may lower their prices to maintain some of their market share, but they mostly don't. Kiel found that 96% of the tariff cost landed on Americans, which means mainly consumers because importers don't want to discount any more than exporters do.
Of course the whole point of tariffs is to raise prices and deter sales of imports. Traditionally this is done to protect domestic producers, as with the Corn Laws in Britain till the late 19th century. Before the laws were repealed, Britons had to pay more for food, which subsidised the great landowners like the aristocracy and the Church of England. With the wider franchise ('the rise of Everyman'), the Liberals decided cheaper food was more important, Britain went over to Free Trade and even arch-Tory Disraeli, on resuming office, said you couldn't turn back the clock on that. The great landowners never recovered.
Trump uses tariffs in a different way, to display personal pique, with no discernible advantage to Americans at all, because domestic production can't simply replace the tariffed goods that now cost more.
It's interesting. Would that show as the price being maintained (as per the kiel study)? i.e unit price stayed the same, split the tariff cost between importer and exporter
Yes, in his particular case, probably being that they're not discounting for others and tariff rates changing whenever Trump takes a chit, there is a line at the end of his invoices that reflects a discount for tariffs at half the tariff taxed amount of the exchanged rate total of the order. He then passes that entire amount to his customers.
they were an outspoken community what 10-15 years ago?
can't remember who was president then, I'll look it up later.
this country has always favored a strong, unitary executive. that was the basis for its founding, of course.
all contrary dogma is currently in the process of being removed from the early learning materials to avoid confusion and preserve national spirit.
The surge in libertarianism was just way to make MAGA republicanism more palatable. It was a formulated pipeline intent on creating Republican voters under the guise of being the rational centrist.
They all say the same stupid "I used to be a liberal 30 years ago" **** not realizing that the world has changed and left them in the dust
they were an outspoken community what 10-15 years ago?
can't remember who was president then, I'll look it up later.
Libertarians really haven't been a force in the GOP since Rep. Ron Paul got some traction in primaries during the Obama Era.
Libertarians have never been a huge voting bloc in the GOP.
Senator Rand Paul is 'libertarian-lite' on a good day.
Trump has NEVER been anything close to being a libertarian.*
*At least not since he got political ambitions. I'm not much aware of his views prior to 2014.
Seemingly exporters do not do this in most cases, according to a Kiel Institute study last year. They prefer to maintain the profit margin and take the hit on sales volume. The tariff cost is almost entirely passed on to the US consumer.
It's not like there is any domestic production to compete with them, so they really don't need to drop prices if they can absorb less consumption.
It was easy for them to support Trump. These were people who defended the confederacy and thought civil rights was tyranny. A movement like MAGA, by and for low education whites, was pretty much in line with what they wanted.
