Trump on tariffs

6,539 Views | 127 Replies | Last: 10 mo ago by BigRobSA
jamey
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One day politicians won't be able to speak without AI running in the background, calling out their BS as it pours for their lying mouth


I asked grok

Is Trump correct that China pays the 145% tariff?
23 posts
No, Trump is incorrect in claiming that China pays the 145% tariff. Tariffs are taxes imposed by the U.S. government on goods imported from other countries, in this case, China. These tariffs are paid by the U.S. companies or importers who bring the goods into the United States, not by the Chinese government or Chinese companies. The cost is typically passed on to American consumers through higher prices or absorbed by the importers, which can reduce their profit margins. While the tariffs may pressure Chinese exporters by making their goods less competitive in the U.S. market, China itself does not directly pay the tariff.

https://x.com/i/grok/share/rkwTnzkb3HUXzFKSdDDrEKs2L.
MadMax
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Ask AI this. If a company decides to not buy a product from China because the consumer is not buying the product because it's too expensive, is it a tax?
Aggie95
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He's never been more wrong
Please tell me there's a special place in Heaven for Aggie fans! It's like we are living some sort of penance on Earth.
Scrooge Doogler
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I really doesn't take an AI model to understand that the head of this regime still doesn't understand tarriffs, people are in for a rude awakening when the consequences this moron's actions come back around.
pfo
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I bet grok won't be playing in the background when democrat politicians are talking on ABC CBS NBC CNN MSNBC CNBC or any of Soro's radio stations or the NYT or Washington Post etc. etc.
esteban
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How long until he starts blaming greedy corporations for price gouging?
Old McDonald
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it's amazing that trump has made tariffs the cornerstone of his economic agenda and fundamentally does not understand how they work at even the most basic level. at this point i don't even think he's lying, he's just stupid.
Dirty Bird
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Which do you believe is most likely to happen?

A. The American company importing the product from China pays the tariff tax and passes it along to the American consumer who pays a higher price on this tariffed product with no change in buying habits…no change in supply and demand.

B. The American company importing the product from China reduces orders, pays the tariff, and passes the higher price to the consumer…who now demands less of the product thus hurting the Chinese production company. Also, in this scenario, there is a probability of the Chinese production company to lower their price to the importer (thus, absorbing some of the tariff cost).

C. The American importer cuts all orders for the Chinese product due to cost and finds suppliers from elsewhere with reduced or no tariff…..thus offering a comparable product at around their "normal" price.

Think about these options. Now, ask yourself, who really carries the brunt of the cost of tariffs?



BigRobSA
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esteban said:

How long until he starts blaming greedy corporations for price gouging?


Well, he is a liberal. That's what y'all do, isn't it?
the most cool guy
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Old McDonald said:

it's amazing that trump has made tariffs the cornerstone of his economic agenda and fundamentally does not understand how they work at even the most basic level. at this point i don't even think he's lying, he's just stupid.

Fortunately, he's still a million percent better than the DEI hooker-turned-politician alternative.
Jeeper79
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esteban said:

How long until he starts blaming greedy corporations for price gouging?
Id say that's just something liberals are do, but now we've got tariffs which are also something liberals do sooooo…
Shooter McGavin
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Boy, the F16 libs really hope this tariff thing backfires on him

I'm betting it won't
Old McDonald
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CoachtobeNamed$$$ said:

Which do you believe is most likely to happen?

A. The American company importing the product from China pays the tariff tax and passes it along to the American consumer who pays a higher price on this tariffed product with no change in buying habits…no change in supply and demand.

B. The American company importing the product from China reduces orders, pays the tariff, and passes the higher price to the consumer…who now demands less of the product thus hurting the Chinese production company. Also, in this scenario, there is a probability of the Chinese production company to lower their price to the importer (thus, absorbing some of the tariff cost).

C. The American importer cuts all orders for the Chinese product due to cost and finds suppliers from elsewhere with reduced or no tariff…..thus offering a comparable product at around their "normal" price.

Think about these options. Now, ask yourself, who really carries the brunt of the cost of tariffs?




in all 3 of these scenarios the American consumer pays more and gets nothing in return
Old McDonald
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the most cool guy said:

Old McDonald said:

it's amazing that trump has made tariffs the cornerstone of his economic agenda and fundamentally does not understand how they work at even the most basic level. at this point i don't even think he's lying, he's just stupid.

Fortunately, he's still a million percent better than the DEI hooker-turned-politician alternative.
when "well at least harris didn't win" enters the discussion, it's as sure a sign as any that trump screwed the pooch
Kansas Kid
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Based on Trump's comment, if China is paying it all then something that sold for $100 before tariffs is now being sold for -$45 by the Chinese company since there is a $145 tariff. Hard to make that math work because I am sure no company will pay $45 to sell goods to the US.
Dirty Bird
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Old McDonald said:

CoachtobeNamed$$$ said:

Which do you believe is most likely to happen?

A. The American company importing the product from China pays the tariff tax and passes it along to the American consumer who pays a higher price on this tariffed product with no change in buying habits…no change in supply and demand.

B. The American company importing the product from China reduces orders, pays the tariff, and passes the higher price to the consumer…who now demands less of the product thus hurting the Chinese production company. Also, in this scenario, there is a probability of the Chinese production company to lower their price to the importer (thus, absorbing some of the tariff cost).

C. The American importer cuts all orders for the Chinese product due to cost and finds suppliers from elsewhere with reduced or no tariff…..thus offering a comparable product at around their "normal" price.

Think about these options. Now, ask yourself, who really carries the brunt of the cost of tariffs?




in all 3 of these scenarios the American consumer pays more and gets nothing in return
What? Lolz
BigRobSA
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I was told there would be no math!!!
Scrooge Doogler
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It won't backfire on him, the consequences are long term. Trump had destroyed our credibility on the world stage by flip-floping over and over on the tarriffs and China is bolder than ever since Trump flinched first. Actions have consequences, FAFO and Trump loves to **** around but you better believe he's not sticking around when it comes time to find out. By that point, the American people will be left holding the bag.
montanagriz
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Im good with tariffs. Suck it up, deal with unpleasantness for short term and allow the longterm future of Americans to be better with the jobs here! Bring back manufacturing, its not fair that countries can go cheaper than US companies because liberal policies, environmental policies that we obey and cost more vs these other countries.

We also have child labor laws here...how can nike make shoes here for 5 dollars when a child can do if in Indonesia?

Why do people never talk about the disadvantages here and tariffs make it an equal playing field or are the liberals and woke crowd cool with child labor and harsh work conditions and pollution? Just not here but its okay if their fancy stuff is made thst way somewhere else?
jamey
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pfo said:

I bet grok won't be playing in the background when democrat politicians are talking on ABC CBS NBC CNN MSNBC CNBC or any of Soro's radio stations or the NYT or Washington Post etc. etc.


I think it will just be an ap you can have play in the back ground on anything, politicians, news, hell a movie about a "true story"

You can always do it manually like I did here. But someone will make a background ap
Jeeper79
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montanagriz said:

Im good with tariffs. Suck it up, deal with unpleasantness for short term and allow the longterm future of Americans to be better with the jobs here! Bring back manufacturing, its not fair that countries can go cheaper than US companies because liberal policies, environmental policies that we obey and cost more vs these other countries.

We also have child labor laws here...how can nike make shoes here for 5 dollars when a child can do if in Indonesia?

Why do people never talk about the disadvantages here and tariffs make it an equal playing field or are the liberals and woke crowd cool with child labor and harsh work conditions and pollution? Just not here but it's okay if their fancy stuff is made thst way somewhere else?
Regulations have something to do with it, but the biggest factor is that our standard of living is much higher and it's born out in labor costs. Burger flippers here make more than manufacturing jobs in other countries.
TA-OP
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I wish rightists would call him out on his lies, just once. Rather, we'll have the likes of Hannity singing his praises in AM radio tomorrow morning. And, before the whataboutism, I most definitely called out President Biden on things on this forum.

This summer will be extremely interesting.
jamey
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TA-OP said:

I wish rightists would call him out on his lies, just once. Rather, we'll have the likes of Hannity singing his praises in AM radio tomorrow morning. And, before the whataboutism, I most definitely called out President Biden on things on this forum.

This summer will be extremely interesting.


Yes, I'm talking about truth, period


I dont care if it's a D or a R. Anyone carrying water for lying politicians should be ashamed for their antiamerican perspective
AggieVictor10
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Stable genius
hard times create strong men. Strong men create good times. good times create weak men. and weak men create hard times.

less virtue signaling, more vice signaling.

Birds aren’t real
Lol,lmao
AgGrad99
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If US consumers/businesses absorb tariffs here, do Chinese consumers/businesses absorb them there?

Difference being, their industry and markets are controlled and subsidized by their government. China is quite literally eating the tariffs.

Is that not what he's referring to? Isn't this why they quietly rolled back a bunch of tariffs to 25% this past week?

Maybe I'm missing something, and Im not arguing tariffs one way or the other...but it seems he's simply pointing out the difference between the way tariffs affect them vs us.
FireAg
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Stop buying products from China…

Tariffs become a non issue…

It's pretty simple…
AgGrad99
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FireAg said:

Stop buying products from China…

Tariffs become a non issue…

It's pretty simple…


I understand your point, and ideally agree...but that's often not possible. They purposefully manipulated markets for decades and are the sole producer for many things now. Many things used in my industry...invented, designed and originally produced in the US...don't even have tooling here anymore.
FireAg
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AgGrad99 said:

FireAg said:

Stop buying products from China…

Tariffs become a non issue…

It's pretty simple…


I understand your point, and ideally agree...but that's often not possible. They purposefully manipulated markets for decades and are the sole producer for many things now. Many things used in my industry...invented, designed and originally produced in the US...don't even have tooling here anymore.

Yup…and that's our own damn fault…

We have to bite the bullet at some point, and that's exactly what we are doing…

China WILL cave…folks just have to be patient…
jamey
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FireAg said:

Stop buying products from China…

Tariffs become a non issue…

It's pretty simple…


It will cost citizens more, hence Trumps lie. Any way you slice it, Trump is lying.
the most cool guy
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Old McDonald said:

the most cool guy said:

Old McDonald said:

it's amazing that trump has made tariffs the cornerstone of his economic agenda and fundamentally does not understand how they work at even the most basic level. at this point i don't even think he's lying, he's just stupid.

Fortunately, he's still a million percent better than the DEI hooker-turned-politician alternative.
when "well at least harris didn't win" enters the discussion, it's as sure a sign as any that trump screwed the pooch

Trump screws up all the time. I'm not going to worry about it because (1) I can't change it, and (2) the alternative was a communist.
FireAg
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jamey said:

FireAg said:

Stop buying products from China…

Tariffs become a non issue…

It's pretty simple…


It will cost citizens more, hence Trumps lie. Any way you slice it, Trump is lying.

My prices for things I buy haven't gone up…nothing even remotely noticeable, quite honestly…
AgGrad99
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FireAg said:

AgGrad99 said:

FireAg said:

Stop buying products from China…

Tariffs become a non issue…

It's pretty simple…


I understand your point, and ideally agree...but that's often not possible. They purposefully manipulated markets for decades and are the sole producer for many things now. Many things used in my industry...invented, designed and originally produced in the US...don't even have tooling here anymore.

Yup…and that's our own damn fault…

We have to bite the bullet at some point, and that's exactly what we are doing…

China WILL cave…folks just have to be patient…


I don't disagree.

My only concern is the long-term plan.

We can't expect companies to invest enormous capital, without some assurances of long term stability. Otherwise, everything goes back to the way it's been, and all these money is down the drain.
jamey
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FireAg said:

jamey said:

FireAg said:

Stop buying products from China…

Tariffs become a non issue…

It's pretty simple…


It will cost citizens more, hence Trumps lie. Any way you slice it, Trump is lying.

My prices for things I buy haven't gone up…nothing even remotely noticeable, quite honestly…


Of course not. Why would you think it would go up already? You'll have to run through stockpile first. The first place to see price changes will be the small guys, then later the Walmarts..etc

I'm not sure what any of tha has to do with Trumps lie that China will pay. China does not pay tariffs, period
BoydCrowder13
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FireAg said:

Stop buying products from China…

Tariffs become a non issue…

It's pretty simple…


This is a naive take. In most items, components are sourced from various countries. Same with feedstocks of chemicals. Some are only produced in China. Now that might change in the next decade. But at this point in time, many items have components or chemicals that do not have another option than China.
FireAg
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BoydCrowder13 said:

FireAg said:

Stop buying products from China…

Tariffs become a non issue…

It's pretty simple…


This is a naive take. In most items, components are sourced from various countries. Same with feedstocks of chemicals. Some are only produced in China. Now that might change in the next decade. But at this point in time, many items have components or chemicals that do not have another option than China.

And I'm okay with that…long term dependence on China is a recipe for disaster…

We have to bite the bullet…might as well but it now…
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