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Reply to "Trump tariffs: ruin U.S. economy until 2040"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Great job, trump is art of the deal. Libs can't handle it they want Chyna to win[/quote] US consumers ar now going to pay 30% more than what they paid in Janaury. Trump got ZERO concessions from China. Trump let China win. Libs are upset because the US/Trump got played. What aren't you upset too?[/quote] Exactly, the deal is the deal. For all the bluster we're now at 30% higher prices.[/quote] It’s bad enough that Trump’s in charge but how do people not understand basic math? It’s 30% of the imported cost, not price! So if a company previously paid $5 for some plastic sh*t with no tariff and then charged customers $20, the new tariff will be $1.50 (ie 30% of $5) and the new price would be $21.50 (plus a further adjustment of sales tax) if they pass on the full tariff. [/quote] Right, it’s really not that much. And he’ll probably negotiate down to zero, china just needs to make more concessions such as buying more beef. We are on the right track with Trump at the helm.[/quote] Trump has already proven to be the master of stepping on a rake and hitting his head. China has no reason to give Trump ANY concessions. This whole episode has demonstrated that the US is dependent on China, not the other way around.[/quote]
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