re: Trump said he's prepared to raise tariffs as trade war with China heats up

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Right, which means the thread title is misleading.

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the thread title is objectively and unambiguously true, as raising tariffs necessarily mean raising taxes

i'll agree the title is a troll, because op clearly realized that many of y'all HATE HATE HATE hearing that

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Thanks for wasting everyone's time with your bullshite straw man for multiple pages.

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what strawman was that?

i'd argue that "taxes" necessarily implying "income taxes" is the biggest strawman here, easily

i have thought many times recently that it might be worth pointing out in various threads that it is american businesses and consumers that pay tariffs, because of the way trump cheerleaders put things. i can see now that this was way more true than i imagined

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A tariff is a tax, period.

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it is a type of tax. tariff is less general and restricted to import taxes, so they can't be perfectly synonymous

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I disagree with this. A tariff is a tax, period. So are income taxes. So are sales taxes.

There is no difference other than a tariff is a specific, targeted tax. Same with your excise tax example. A tax is a tax is a tax, but this board doesn't like that word so we use the more palatable word "tariff".

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But tariff describes the mechanism which is more akin to a consumption tax and consumption taxes seem to be more preferable, (e.g., Fair Tax).

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oh no!

tell me you haven't been importing that mexico-laundered chinese steel gumbo

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Nah. My company is required to buy American steel. Japanese and South Korean or okay under certain circumstances.

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required to buy American steel. Japanese and South Korean or okay under certain circumstances

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how does a company find themselves in such a situation

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DavidTheGnome

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You cant be taken serious you said VA Mortgages have the highest default rate

Wiki

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A tariff is a tax on imports or exports between sovereign states.

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What kinda revenue is that blue box..?

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Previous administration have removed tariffs from the negotiation table.

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Multilateral negotiation (augmented by multiple bilateral negotiations) on reduction of tariffs and other trade barriers has been a constant for decades, with the steady trend being a reduction in barriers all around. In recent months, we have bucked the trend and raised taxes on our consumers and producers who import, and our trade partners are doing the same. Meanwhile, multilateral barrier-lowering deals go on without us. Our behavior will very likely accelerate this.

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So when I go purchase something since I didn't haaaave to buy it I'm just paying that 10% for what, voluntary donations to the government?

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You’re just digging yourself a deeper hole man. The simple logic is that tariff and tax are 2 different words because they arent the same thing. Trump is raising tariffs, not taxes. Not much you can argue about the facts presented...

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In all seriousness, does everything other than american have that same QC problem?

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For pipe mill runs on big cross country pipeline projects, companies send inspectors to the mills for quality control.

Because American mills are staffed with third party inspectors from various pipeline operators the manufacturing process are held to the highest standards. That kind of quality control is more difficult in Asia.

Now for smaller pipeline diameter projects (12" and below) foreign steel with good reputations are considered, like Hyundai and Kawasaki.