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][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]

Wrong. You’re cr*p at math too. It’s only not much on cheap rubbish as its import cost is low. And even then, it amounts to an 8% increase in price. On your iPhone, dishwasher, building products, pharmaceuticals or laptop, the % increase will be even higher.

So consider that anybody spending $50,000 a year on imported stuff (including imported foods), will pay a minimum of $4,000 more. If you are thinking this is about a bit more access for beef (what happened to moving factories and jobs to the US?!) then you’re dreaming. [/quote]

So buy less stuff? And more American stuff? Sorry it’s really not that hard guys.[/quote]

1) You are not factoring the bulk purchases and heavy equipment and technical supplies purchased by US companies - and those prices are all passed on to the consumers.
2) the impetus from Trump for all of this was to re-shore manufacturing, something that had already started under Biden but has now dried up. So a total fail on that front.[/quote]

You all are really impatient, give it a chance.  Do you even have a business?[/quote]

Yes, I actually do and if you read anything about how negatively this is impacting small businesses, you wouldn't be so blase about it.[/quote]

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