Navigating Friendships Amidst Conspiracy Beliefs: Finding a Way Forward
-
Recently Browsing 0 members
- No registered users viewing this page.
-
Topics
-
Popular Contributors
-
Latest posts...
-
52
German Tourists Hit by Songthaew While Using Zebra Crossing in Khao Lak
Again people act like they are sheep walking straight out in the road, stripes or no stripes, forgetting that Thai drivers have no clue what these stripes mean! They think it is "streets art"!!😆 -
11
Controversial Songkran Dance Near Sacred Statue Sparks Outcry
Time will tell... for you it's 30... for me 16 ... 👍 -
27
Influencer ‘Uncle Tony’ Faces Legal Action After Controversial Content in Arab Attire
wolfs, lions, tigers and even chimpanzees wouldn't agree with you. -
52
German Tourists Hit by Songthaew While Using Zebra Crossing in Khao Lak
We hear this almost everyday. Anything has changed ? Nooooooooo Anything will change ? Noooooooo They love it the way it is. -
8
Trump Eyes Wave of New Trade Deals Amid 90-Day Tariff Pause
A good article , yes copy and paste , with a better view on the tariffs. It is not that bad and anyone with a basic grasp of economics should know better. The panic-peddlers are out in force, warning that such a tariff means retail prices will skyrocket 50%. Let’s make one thing clear: a tariff applies to the transaction value, not the final retail price. The transaction value is what the importer pays the exporter, plus freight and insurance. That cost is just the first step in a long supply chain. By the time a product reaches the consumer, it’s been marked up to cover domestic shipping, warehousing, employee wages, utilities, sales tax, and profit margins for every hand it passes through. The tariff is just one input among many. Take a simple example. A retailer imports a widget with a $100 transaction value. Add a 50% tariff, and the cost to the importer becomes $150. That importer then sells it wholesale — perhaps at $200 — to a retailer, who marks it up again to $300 for sale. That $50 tariff is now 16.7% of the retail price. Even if every penny of the tariff is passed along, you’re not looking at a 50% increase in retail price — you’re looking at something closer to 17%. But here’s the kicker: tariffs are not always fully passed on to the consumer. Importers and retailers know they can’t raise prices beyond what the market will bear. Sometimes they absorb part of the cost, cut expenses, renegotiate contracts, or shift to different suppliers. The market reacts; it doesn’t just lie down and take it. Still not convinced? Look at the real-world data: The National Bureau of Economic Research analyzed the 2018–2019 U.S. tariffs on Chinese goods. They found that for every 10% tariff, retail prices rose 1–2%. So even a 50% tariff, if applied, might cause retail prices to edge up 5–10% — not 50%. That’s a far cry from the alarmist headlines. So why do politicians and media outlets keep pushing the scare narrative? Easy: Fear sells. “Fifty percent” is a lot more dramatic than “maybe 5 to 10%.” It’s easier to provoke outrage than to explain how pricing actually works. They’re banking on the average person not understanding the difference between wholesale cost and retail price — or not caring enough to dig into the numbers. Yes, tariffs matter. They influence trade behavior. They can increase some costs. They can disrupt certain supply chains. But they’re not some magic multiplier that doubles the price of your groceries or gadgets overnight. Anyone pushing that line is either economically illiterate or deliberately misleading you. The next time you hear that a 50% tariff will mean a 50% price hike, don’t nod along. Push back. Ask for the math. Demand the details. Because when it comes to tariffs and retail pricing, the facts just don’t support the hysteria. Well put ! A lot of countries already made trade deals , more will follow. For the rest , the tariffs won't be that bad , except maybe China. -
43
How long has it been since you lived out of your native country
Left home when i was 16,was the youngest merchant marine sailor in the country for a few months. I am 67 now.
-
-
Popular in The Pub
-
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now