That pretty much gives Trump a ton of political room. Christmas is half a year away and stocking up for festival sales will be done now instead of then. This forum underestimates how much political capital he actually has. Any other political, no matter which party in the entire world can't get away with what he regularly does.
Trump 2.0 official thread
- Thread starter siegecrossbow
- Start date
I basically disagree with this, there's no real way for Trump to implement price controls to prevent importers from passing the prices on to the consumer. We're already seeing certain kinds of electronics increase in price.
So why haven’t Chinese suppliers jacked up their prices yet? Why are some eating the tariffs.
They are not eating the tariffs. The trade deficit widened which means that there was a ton of stockpiling and import front running. They might have planned a fall in trade flows. But now the problems will be faced by ports who face a very start stop trade flows aka bullwhipping.
That's just retail. The disinflationary effect of tariffs that they have by slowing the economy outweigh the expectation of future inflation. Price increase get absorbed by exchange rate adjustments. IMO a full three months of tariffs might break the financial plumbing, but one month just means that trump runs away with this wild ride.
Chinese suppliers don't pay the tariffs, the importers do because the tariff is collected at the port or bonded warehouse. So the onus is on the importers and the firms further downstream to increase prices, which certain retailers and companies are already doing.
Technically true. But in reality, Chinese manufactures often lower their asking price because they want to maintain the sales relationship with foreign OEMs.
So Chinese suppliers bear a portion of the cost of tariffs indirectly by taking a hit on revenue.
The 20% fentanyl tariff will be removed soon. These were originally imposed in two rounds, 10% each. In both of those cases, the Chinese responded by adding similar tariff on selected American products, mainly targeting the red states. These tariffs have not come down from China side. I think the Trump administration wanted to climb down in stages to show a win to U.S. public (30% versus 10%), but Trump will still be in trouble come mid term election, so I think he will soon remove those so the Chinese can remove their retaliatory tariffs on the red states.
manqiangrexue
Brigadier
Needs a citation for the tax amount on your own people.
With that kind of spinning, what number would be a loss? Also, citation for the 43%?
2-3 weeks ago, they said there would be 7 weeks before the shelves went empty and it's already too late to prevent that because there is a gap on the oceans between when inventory runs out and when the next ships arrive.
That's not what your companies say. They say expect price increases for what they had to deal with and in the US, once prices go up, they don't come back down because companies now know they can charge that much more.
By the logic of saying something over and over again makes it true.
From your own citizens. I've seen MAGA retards brag about this on Facebook thinking China sent XX billion dollars to the US treasury but I thought you were a little smarter than them cus you're on here. My mistake.
America's already suffering, at home and on the international stage.
China has gotten so far and so much faster than the US because it is not a country that likes to force others' hand. It is actually Chinese philosophy to leave room to maneuver and slowly whittle the opponent down while gaining advantages until the opponent realizes it's no longer possible to win and slinks off rather than greedily going for the kill. We have developed and outgrown everyone because we always put our own interests first.
This is another oppertunity for China; we will continue to outgrow the US and put you in a more dire situation for the next confrontation.
Don't have to remember, look forward to them.
WTF is Topo Athletics? LOL Cite what they said. Big brands like Walmart have already stopped asking for any offshoring of Chinese manufacturing or drops in prices.
Maintaining the prices means that Americans eat your own tariffs.
Cus you're still free to dream.
Citation for Chinese manufacturers lowering prices? Are they isolated? Have some increased their prices?
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Meh those states are never flipping.