2024-08-17 22:47:45
A tariff is a tax that is paid by the importer of goods and passed along to consumers with increased prices. [Link][Link] NEEDS_MORE_RATINGS(167-5-28) Author
2024-08-17 23:16:10
NNN, Trump is likely referring to the fact that foreign companies often absorb the cost of the tariff to stay competitive. So while technically people in the US would pay it, the foreign companies will cut the cost of their goods to even it out. [Link] CURRENTLY_RATED_NOT_HELPFUL(6-4-53) Author
2024-08-18 00:00:07
Charismatic Rosewood Bluebird should read the first paragraph of their reference. d CURRENTLY_RATED_NOT_HELPFUL(1-1-17) Author
2024-08-18 00:52:25
Note Needed. Trump's past tariffs cost US consumers. In 2021, consumers paid $48 billion more. [Link] Specifics: 4.3%, 4.1%, 0.8%, 7.1% & 2.3% more for some apparel, electronics, computer eqpmnt, furniture & motor parts respectively. [Link] Trump's tariffs harmed US exports & economy: [Link] NEEDS_MORE_RATINGS(115-3-34) Author
2024-08-18 00:58:09
No documentation stating tariffs are passed on to the consumer. Tariffs are designed to level the field when products are supplied from poverty wage countries that aim to put local suppliers out of business while not paying enough wages to allow for healthy living conditions. [Link] CURRENTLY_RATED_NOT_HELPFUL(3-1-39) Author
2024-08-18 01:12:47
While tariffs may be passed on in higher prices, they may also be beneficial to local industry as it makes them more competitive and allowing it to scale, gives the country leverage in negotiations and reduces dependence on other countries eg china. [Link] NEEDS_MORE_RATINGS(18-8-59) Author
2024-08-18 01:23:57
As any Economist knows, tariffs may be passed on to consumers (inelastic demand) or not (elastic demand). It all depends on the type of good. Food and other necessary goods tend to have an inelastic demand. Luxury goods tend to have an elastic demand. [Link][Link] NEEDS_MORE_RATINGS(79-7-34) Author
2024-08-18 04:14:02
NNN. This is just a trump quote with video of trump talking & anything you want to add to it can be put in the comments. The poster is not insinuating that it’s true. NEEDS_MORE_RATINGS(17-0-50) Author
2024-08-18 07:15:17
Trump’s claim that tariffs do not harm consumers is false. Trump Administration tariffs cost each U.S. household about $1,300 in 2020, per the Congressional Budget Office. Yet their contribution to national revenues is minuscule. [Link][Link] NEEDS_MORE_RATINGS(154-1-27) Author
2024-08-18 15:24:41
Tariffs not only impose immense economic costs but also fail to achieve their primary policy aims and foster political dysfunction along the way [Link] NEEDS_MORE_RATINGS(46-2-19) Author
2024-08-18 16:40:34
NNN - Commonly omitted from conversations about tariffs is a discussion about long run benefits. Short run losses can be offset by repatriating a competitive advantage in the long run. These topics should be addressed in comments. CURRENTLY_RATED_NOT_HELPFUL(4-1-21) Author
2024-08-18 23:34:59
Tariffs are almost always paid by those importing the goods. If they are a retailer they will be passed on to the ultimate consumer. [Link] CURRENTLY_RATED_HELPFUL(71-6-10) Author
2024-08-19 19:01:05
While most economic theories suggest that tariffs are paid by the consumers, in the case of the US economic situation at the time, it did not result in inflation. In economic affects, it boosted the Treasury and potentially benefitted non-tariff businesses. [Link] NEEDS_MORE_RATINGS(1-0-2) Author
2024-08-20 14:25:35
Using biased sources like World Trade Organization, an organization created to promote free-trade as WTO recognize: [Link] neoliberal newspapers or neoclassical economic blogs doesn't mean Trump opinion is factually incorrect, just that he's against neolib, neoclassical mainstream. NEEDS_MORE_RATINGS(0-0-2) Author