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re: The tariffs are being paid by Americans
Posted on 4/9/25 at 10:56 am to jeff5891
Posted on 4/9/25 at 10:56 am to jeff5891
quote:
And buy from whom? Everyone is tariffed up in here and the US doesn’t have the manufacturing infrastructure to handle this.
The US may not be able to meet the demand of the instant gratification society we have now, but there are most certainly plenty of items for all Americans to be just fine as long as people don't hoard and panic buy stuff.
Americans don't NEED everything overnighted from Amazon.
1
Posted on 4/9/25 at 10:58 am to SneezyBeltranIsHere
I don't, unless I want to.
A sales based tax is infinitely better than one based on income. You actually have some control over what you pay.
A sales based tax is infinitely better than one based on income. You actually have some control over what you pay.
Posted on 4/9/25 at 10:58 am to RogerTheShrubber
quote:
Where does your phone come from? Your furniture?
Liberty phone by purism and buy my furniture from FurnitureMadeintheUSA
This post was edited on 4/9/25 at 10:59 am
Posted on 4/9/25 at 11:03 am to SneezyBeltranIsHere
quote:
Fox News tells a story a small business owner who used to pay $26,000 in tariffs on goods imported from China, but now faces a $346,000 tariff due to Trump’s new 104% tariff on Chinese imports.
If true, this is where the free market comes into play. Has he not tried to import from Taiwan, Korea, or Vietnam or look to American manufacturing?
Posted on 4/9/25 at 11:06 am to The Torch
quote:
So the Tariffs just went into effect and this lady is already paying this ?
bullshite - More Fear Mongering
Fair question, but I'll give you some actual context considering businesses, you know, forecast the impact of costs on their business beyond just today.
The dates are based on when the vessel or airplane departed and the when the entry was filed. It's a bit more complex, but I'll keep it simple.
Prior to 2/4, an importer from China would have paid their general duty %. Let's call it 5%. $100,000 PO she owed $5,000.
Post 2/4, they were subjected to 10% addition. So, 5% + 10% - $15,000
Post 3/4, they were subjected to another 10%.So 5% + 10% + 10% - $25,000
Post 4/9, they are subjected to 5% + 10% + 10% + 34% + 50%. - $109,000
The majority of importers are also subject to Trump's original 2018 tariffs, so that equation is more likely.
5% + 10% + 10% + 34% + 50% + 25% = 134% or $134,000 Total Duty/Tariff obligation.
Has she paid it yet, probably not, but she probably has product that's been on order for 90+ days and is ready now through the end of the month which she has no option but to take. It's either been paid for 50% or in full.
Then she has customers who she likely sold that product to, on terms, at prices she was planning on at best based on a $25,000 duty.
Hence the post about SMBs talking about firing people or considering closing shop.
If this goes on 3-6 months, most SMBs don't have the cash flow to survive and will be in dire positions.
This post was edited on 4/9/25 at 11:09 am
Posted on 4/9/25 at 11:11 am to SneezyBeltranIsHere
"special needs toy importer" is this a joke?
Posted on 4/9/25 at 11:20 am to SneezyBeltranIsHere
They should tell this story
Loading Twitter/X Embed...
If tweet fails to load, click here. quote:
Bikes built and manufactured in the United States are selling out. Bikes manufactured overseas are reducing their prices to stay competitive with US manufacturers.
Tariffs are definitely impacting my industry and it’s been absolutely amazing for my business. Thank you @POTUS
Posted on 4/9/25 at 11:39 am to deathvalleytiger10
quote:
Man, those 104% tariffs come with some crazy math.
It doesn’t seem crazy to me. If he was paying $26k and now $346k his tariffs went up 14x. So if his tariffs were about 7%, and now they are 104%, then the math works out.
Posted on 4/9/25 at 11:40 am to LSUShock
HOLY FREAKING shite BATMAN
Well they either compromise or we will stop buying their shite.
FOOK CHINA - their government makes democrats look good
Well they either compromise or we will stop buying their shite.
FOOK CHINA - their government makes democrats look good
Posted on 4/9/25 at 12:00 pm to SDVTiger
Posted on 4/9/25 at 12:39 pm to The Pirate King
quote:
The US may not be able to meet the demand of the instant gratification society we have now, but there are most certainly plenty of items for all Americans to be just fine as long as people don't hoard and panic buy stuff.
Americans don't NEED everything overnighted from Amazon.
Some of the most out of touch BS I’ve read today.
Posted on 4/9/25 at 1:04 pm to SneezyBeltranIsHere
quote:
The tariffs are being paid by Americans
How am I paying tariffs for something I have no intention of purchasing?
Explain in detail
Posted on 4/9/25 at 1:13 pm to umrebel2009
quote:
How does a 104% tariff increase the tariffs the business pays by 13x
The tariff went up to 104%, which is presumably 13 times higher than the tariff previously on that class of goods (e.g. 8%).
Posted on 4/9/25 at 4:56 pm to SneezyBeltranIsHere
quote:
The tariffs are being paid by Americans
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