Would Donald Trump’s tariffs hurt US consumers?

[FritsSikkink]

31 minutes ago, Yagoda said:

The cost to the consumer of a tariff would be lessened by the reduction in cost of the good subject to tariff in addition to the overall economic gain to the consumer by competition, manufacturing shifts, transportation costs, cutting of fees and regulations, tax cuts........

Drivel, doesn't make sense at all.

Try again.

[bubblegum]

Trying to make sense to a Trump supporter is like catching an eel in a bucket of snot. I'm done with these jokers.

[ifmu]

4 hours ago, Yagoda said:

You are from Australia, have never been to the USA, know nothing about the USA except what you read in your leftist media bubble and are a Leftist, which means you viscerally oppose capitalism and the West and the USA and your intellectual allies are Cuba and China and Venezuela.

 

 With that, carry on

what a jo 

[mogandave]

29 minutes ago, realfunster said:

 

Maybe he does but it's never going to happen in 4 years. The timescale for this kind of investment outlook from business is multi-year and they will want to see political/policy stability before making any such investment decision. It might however, provide pause for thought for US companies considering offshoring.

 

I think we all know by now that Donald loves his bluster.

As others have noted, from a purely economic theory viewpoint a wide-ranging batch of tariffs would probably lead to counter-measures by other parties, hurting everyone. Even if the other parties didn't respond in kind the increased costs to the US supply chain would increase prices for local US consumers for the foreseeable.

 

I expect he will be selective on how to use the threat of tariffs to get concessions and in the end he may well end up targeting (i) a limited number industry sectors and (ii) China more broadly.

He will be very selective. 

 

I worked in manufacturing most of my life, and retired from a fortune two hundred company a while ago. Most people would be amazed at how quickly a plant can be moved when tax incentives are involved. 

[Unclernie]

Only an idiot would implement tariffs. The MAGA crowd will get what they deserve. The clown car is in the building folks and you are the fools who voted for this. Stupidity reigns supreme!

[mogandave]

19 minutes ago, bubblegum said:

Trying to make sense to a Trump supporter is like catching an eel in a bucket of snot. I'm done with these jokers.

Sp because you can’t explain your silly position, you call the person that can explain their position stupid and run away. 

 

Let me guess, you’re a leftist.

[mogandave]

Just now, Unclernie said:

Only an idiot would implement tariffs. The MAGA crowd will get what they deserve. The clown car is in the building folks and you are the fools who voted for this. Stupidity reigns supreme!

Another clear, concise, well thought out response from the high IQ left. 

 

[bubblegum]

4 minutes ago, mogandave said:

Sp because you can’t explain your silly position, you call the person that can explain their position stupid and run away. 

 

Let me guess, you’re a leftist.

Because one cannot explain anything to your lot when the explanation means that Trump is wrong.

[FritsSikkink]

7 minutes ago, Yagoda said:

Sorry dude, I get paid by the hour and tyou cant afford me.

I have a though selection process for hiring people (I actually do hire people in real life, what did you do again?).

You would drop out after reading 2 sentences of your applications.

[NoDisplayName]

Would Donald Trump’s tariffs hurt US consumers?

 

 

Donald is going to build a big, beyooootiful tariff wall.

....and send the bill to the American consumer.

 

Bigly.

[simple1]

3 hours ago, Yagoda said:

We will be happy to give you to them if you like. They have your type of government: persecute minorities, suppress speech, seize firearms....

 

Firstly you have no power whatsoever. I'll give you prior governance under British rule did supress minorities , bot not genocide as carried out by US government "Manifest Destiny". Australia has Free Speech, but cracking down on Hate Speech. Firearms are licensed in Australia for those that need them e.g. farmers. But enough now, going way off topic.

[simple1]

3 hours ago, frank83628 said:

Can you elaborate, I dont understand

 

Sure. PRC restricted imports of Australian wine, lobsters, etc due to supporting trump rhetoric.

 

https://www.dfat.gov.au/trade/organisations/wto/trade-monitoring-and-reviews/wto-trade-policy-review-china-trade-2021-australia-statement#:~:text=China's measures have severely limited,%2C grains%2C and table grapes.

[AlexRich]

4 hours ago, theshu25 said:

Are you Trumps PR officer?

He’s certainly dumb enough for the role.

[rudi49jr]

Of course tariffs are going to hurt the consumer, it doesn’t take a mastermind to figure that out. Who do you think is ultimately going to pay for that 10-20-50% price hike? 

[mogandave]

50 minutes ago, bubblegum said:

Because one cannot explain anything to your lot when the explanation means that Trump is wrong.

You’re a phony. 

 

It has nothing to do with Trump. It is simple economics. 

 

You  claimed that tariffs will increase consumer prices. 

 

You also claimed that raising corporate income taxes will not increase consumer prices. 

 

Both of those claims cannot be true. 

 

All you can do is regurgitate, you have no understanding, and cannot explain anything, yet you fancy yourself bright. 

 

 

 

[mogandave]

11 minutes ago, rudi49jr said:

Of course tariffs are going to hurt the consumer, it doesn’t take a mastermind to figure that out. Who do you think is ultimately going to pay for that 10-20-50% price hike? 

The same people that will pay for higher corporate income taxes. 

 

[Rimmer]

Some troll posts and a personal attack have been removed

@Yagoda

[newbee2022]

Sure. Prices are going up, same as inflation.

But GURUs Don and Elon will know better

[AndreasHG]

4 hours ago, frank83628 said:

What does trump get manufactured in China ?

 

Here is Marco Rubio's 2016 press release on the topic: Rubio Campaign Press Release - Donald Trump Proudly Outsources Jobs To China, Mexico & Other Countries | The American Presidency Project

 

And yes, also Trump's 'God bless the USA' Holy Bible was printed in China, according to a number of sources including Fox61 Yes, Trump-branded ‘God Bless the USA’ Bibles were made in China | fox61.com

 

[bubblegum]

44 minutes ago, mogandave said:

You’re a phony. 

 

It has nothing to do with Trump. It is simple economics. 

 

You  claimed that tariffs will increase consumer prices. 

 

You also claimed that raising corporate income taxes will not increase consumer prices. 

 

Both of those claims cannot be true. 

 

All you can do is regurgitate, you have no understanding, and cannot explain anything, yet you fancy yourself bright. 

 

 

 

First of all I never claimed raising corp tax will not increase prices. I claim tariffs do. Simple economics. A tariff is a tax who pays the tax? The consumer. You keep on throwing corporations into the equation which show you have absolutely no understanding whatsoever of what you're talking about.

 

The fact that you do not understand this simples manner is beyond me.

 

 

[Chosenfew]

6 hours ago, simple1 said:

During trump's prior presidency the US trade gap grew by hundreds of $billions, in other words his trade policy was a failure, yet ten of millions of Americans voted for trump 2024 to address economic issues.

 

Trump imposed a 50% tariff on imports of washing machines in 2018.

Researchers estimate the value of washing machines jumped by around 12% as a direct consequence, equivalent to $86 per unit, and that US consumers paid around $1.5bn extra a year in total for these products.

 

https://www.bbc.com/news/articles/c20myx1erl6o

Give it a break, you lost, get over it. Does DJT live in your head?

 

[Bruce1054]

Stop Posting this <deleted> and get a life

[EveryG]

2 hours ago, Yagoda said:

The consumer pays the price he is willing to pay for the product he wants to buy. Far more than company profits goes into the price calculation for the consumer. The cost to the consumer of a tariff would be lessened by the reduction in cost of the good subject to tariff in addition to the overall economic gain to the consumer by competition, manufacturing shifts, transportation costs, cutting of fees and regulations, tax cuts........

This is the dumbest thing I've read all day, and I have read quite a few of your posts today.

 

3 hours ago, Yagoda said:

Leftism is an ideology which has as its underlying philosophy the good of the collective in a utopian framework based on a (false) determination of human nature, with such Utopia to be achieved by the destruction of those who oppose it.... Democracy is incompatible with Socialism, since Democracy requires free thought.

The way it's used by MAGAs, Leftist means anyone who is not fully onboard the MAGA train. That you don't see the irony in your first sentence is not surprising, but that you don't even understand that tariffs are a completely "socialist" action is just pathetic. You MAGAs run around calling everyone else socialists, but obviously you have no idea what socialism while you are here defending it. 

 

I am against tariffs because I'm a capitalist with a libertarian bent who is in favor of free trade without encumbrance by governments. Tariffs are a simpleton way of putting on appearances that always backfires. This used to be a Republican position, but now they have gone the way of nonsense. 

[Red Forever]

5 hours ago, Yagoda said:

Yep, here we go, looks like a new group of Leftist bots coming to insult folks. 

 

Is that you, Danderman?

Says the poster, who multiple times daily, posts abusive insults against anyone who dares to post facts which put his/her hero in a bad light.

 

Is that you susanlea?

[Red Forever]

5 hours ago, frank83628 said:

What does trump get manufactured in China ?

How about bibles, sneakers.....

[WDSmart]

Trump's suggested tariffs would hurt not only US consumers but also citizens in the country where the tariffs were imposed. 

[mogandave]

38 minutes ago, bubblegum said:

First of all I never claimed raising corp tax will not increase prices. I claim tariffs do. Simple economics. A tariff is a tax who pays the tax? The consumer. You keep on throwing corporations into the equation which show you have absolutely no understanding whatsoever of what you're talking about.

 

The fact that you do not understand this simples manner is beyond me.

 

 

So we agree that raising  corporate income taxes would increase consumer prices, yes? 

 

I have never claimed that tariffs would not increase prices on imported goods, they generally will. 

 

Just like mass deportations will drive up wages, increasing prices, yes?

[bubblegum]

Just now, mogandave said:

So we agree that raising  corporate income taxes would increase consumer prices, yes? 

 

I have never claimed that tariffs would not increase prices on imported goods, they generally will. 

 

Just like mass deportations will drive up wages, increasing prices, yes?

Here you go again with corporate tax. Apples and pears. Deportations yes.

[Yellowtail]

9 minutes ago, WDSmart said:

Trump's suggested tariffs would hurt not only US consumers but also citizens in the country where the tariffs were imposed. 

How will it hurt the citizens in the country the tariffs are imposed on? 

[mogandave]

3 minutes ago, bubblegum said:

Here you go again with corporate tax. Apples and pears. Deportations yes.

Why can you not admit it? 

 

How is it apples and pears? 

 

Tariffs are taxes corporations pay, that are passed on to the consumer. 

 

Income taxes are taxes corporations pay that are passed on to the consumer. 

 

The only real difference, is that tariffs benefits domestic manufacturers, while corporate income taxes benefit foreign manufacturers.