So American consumers pay 55% tariffs, Chinese consumers pay 10%?

How the fuck is this a win
https://x.com/LiveSquawk/status/1932772031478595951

What were the old tariff levels?

Did you really think that Orange man is smarter than supreme leader Xi?

>>60489766
25% were old levels, now its 30% on top of it making it 55%

>>60489783
Kek

>>60489756 (OP)
Who imposes the 55% number, and who imposes the 10% number?
What are the implications of being able to set a 55% tariff on foreign goods and only receiving a 10% tariff as retaliation?
Who receives the tariff money?

Do your homework, faggot.

>>60489929

dumb nig, when you order something the buyer pays the tariffs at customs on border. So Fedex will charge you as the importer, China wont pay the 55%.

Shit eating retards like you who smell farts of others voted for this clown

>>60489756 (OP)
Trump got cucked

>>60489783
Art of the deal

>>60489936
Big, fat F on your economics homework assignment boy. Let me help you.

>Who imposes the 55% number, and who imposes the 10% number?
USA imposes a 55% tariff on Chinese goods, and China imposes a 10% tariff on American goods. Meaning Americans pay a 55% import tariff on Chinese goods.
>What are the implications of being able to set a 55% tariff on foreign goods and only receiving a 10% tariff as retaliation?
For Trump this is a win, since he was able to majorly fuck over Chinese exports without hurting American exports. This incentives new domestic production without hurting existing industries.
>Who receives the tariff money?
USA citizens and business pay the tariffs, generating revenue that can be used for income tax cuts. This is a huge win for anyone that's not a mindless consoomer.

This was literally in Trump's election plans.

>b-but how is this a win when I pay more for my chink shit?
You're too dumb to realize the implications, but if Drumpfs pulls this off you will start feeling them. Whether he actually manages to set something in motion here is the real question. Looks like step 1 succeeded though.

>>60489978

no one is moving production domestically dumb piece of shit. You will put a tent and stay inside Trump's ass if you could.

China isnt making screws like you think dumb fuck, they have moved onto advanced manufacturing long time ago. Their BYD EVs are more advanced than cheap quality Teslas and their Huawei has more features than Iphone.

I hope you die poor and homeless

>>60489995
I'm not American so I will never die poor and homeless, thank you. I'm just a random /biz/raeli interested in economics. I'm trying to explain to your smoothbrained self why this is a win because you asked in OP, remember?

Tariffs are an instrument. Trump managed to implement this instrument without triggering reciprocal tariffs from China. This is objectively a win, despite you paying more money for Chinese products. Cry about it.

>>60489978
nigger they’re not moving sweatshops

>>60490060
>they’re not moving sweatshops
They already have, It's all in Vietnam, Cambodia, India, Indonesia and Thailand now.

China is focused on advanced manufacturing now.

>>60489995
Lots of factories are actually moving production here. You're straight up lying now.

>>60489995

>While there's no precise number available, a large number of companies are considering or planning to move manufacturing back to the U.S. (reshoring) or expanding their U.S. operations. Factors like tariffs, supply chain disruptions, and government incentives are driving this trend. Specific examples include companies like Samsung and LG, Hyundai, and Honda who are considering or planning to shift production from Mexico to the U.S. to avoid tariffs, Reuters said. Additionally, new manufacturing operations are being announced across the country in sectors like semiconductors and clean energy.

Stop lying.

>>60490099
name 50

>>60490114
I love greentext with no source
>Authorities are saying that Anonymous ID "HHZK1bull" has been caught distributing over 5 terabytes of CSAM materials over the past 6 months.

>>60490098
I'm amused that America segued from industrial capitalism into neoliberalism and created a failed society, while China segued into advanced manufacturing creating prosperity and continued GDP growth 3x the rate of our creditor/banking economy.

Maybe it was short-sighted to trade China tech for a couple decades of cheap labor...

Wonder which economy is built to last hmmm

Such bag fumbling by our greedy retard elites

>>60489978
>USA citizens and business pay the tariffs, generating revenue that can be used for income tax cuts. This is a huge win for anyone that's not a mindless consoomer.
How the fuck is it a win to make things more expensive? Those shops aren't moving you fucking retard.

>>60489756 (OP)
It’s a win for the Jews. They used Trump to convince the retard masses that more taxes is based and redpilled and everyone fell for it hook line and sinker

>>60490282
yes but you see, the pedos and faggots at the top of the food chain get big tax cuts. this is a win for 5-10% of US citizens. he is technically not wrong.

>>60489756 (OP)
Again, not a deal but a framework.

>>60490114
Could you not use chatGPT as a source thank you.

>>60490099
>Lots of factories are actually moving production here
may we see them?

This kills the boardgame industry

>>60490410
Not really. It will just be direct to consumer now which is better anyways

Imposing party imposes 50% tariff.

Imposing party does not produce tariffed goods domestically.

Citizens must now pay price of tariff while still consuming said goods.

Affected party increases cost of goods in the face of tariff by 20% because they know consumers don't understand economics

Tarrifer's importers charge their own 20% (conservatively) on top of tariffs because they also know consumers don't understand this.

Price of good is now increased by 90%

Consumers in imposing party as stated above do not understand this and cheer that they're finally getting their money back. Industrial and manufacturing jobs are thankfully not reshored and everyone is happy.

>>60490553
15 years ago, i think?
I bought a 3D printer from an American company, when it arrived i got a tariff bill from the government that i had to pay before i could get my package.
This came as a surprise to me and i recall thinking I would never buy anything outside of EU again - i was kind of poor back then, like my bank account would go to zero the end of every month, so this unexpected bill hurt.
The other aspect is that this was the very early days of 3D printing (The printer was absolute shit) so I don't think i could buy an EU version, there where no EU alternative, so it was either from the US or nothing.

It's funny how tinkering with a shitty 3D printer and making crude plastic figurines makes me more knowledgeable on the affects of tariffs than 90% of /biz/.

>>60489995
U mad?

Not bullish unless he opens the borders

>>60490176
>>60490264
>>60490398
>>60490409

https://www.cbsnews.com/news/us-manufacturing-domestic-tariffs/

https://www.reuters.com/business/companies-eye-us-expansion-lessen-fallout-potential-tariffs-2025-01-29/

https://www.google.com/amp/s/www.foxbusiness.com/economy/companies-have-announced-intention-increase-us-manufucturing.amp

Again, you're all telling blatant lies. The tariffs are bringing jobs back to the US. This is not an argument.

>>60490841
Let me know who exports the most rare earth metals lil bro

>>60489756 (OP)
>tariffs are paid by consumers
Retard alert

>>60490849
>Moving the goal posts
Lose harder dimwit.

>>60489978
>>Big, fat F on your economics homework assignment boy. Let me help you.

>>Who imposes the 55% number, and who imposes the 10% number?
>USA imposes a 55% tariff on Chinese goods, and China imposes a 10% tariff on American goods. Meaning Americans pay a 55% import tariff on Chinese goods.
>>What are the implications of being able to set a 55% tariff on foreign goods and only receiving a 10% tariff as retaliation?
>For Trump this is a win, since he was able to majorly fuck over Chinese exports without hurting American exports. This incentives new domestic production without hurting existing industries.
>>Who receives the tariff money?
>USA citizens and business pay the tariffs, generating revenue that can be used for income tax cuts. This is a huge win for anyone that's not a mindless consoomer.

>This was literally in Trump's election plans.

>>b-but how is this a win when I pay more for my chink shit?
>You're too dumb to realize the implications, but if Drumpfs pulls this off you will start feeling them. Whether he actually manages to set something in motion here is the real question. Looks like step 1 succeeded though.

It doesn't matter if it's a win or not, it's happening regardless. Will it bring jobs to the US? Doesn't matter, will things cost more? Very likely. You will pay what they tell you to and you will be given what you are deemed worthy to have. There's no negotiation.

This means chink COMPANIES have to pay 55% tariff to SELL their cheap shit in America. IF they pass the increased cost to American consumers, American consumers will find a substitute product (most likely one produced in America). This is why the Chinese companies will not pass the expense to consumers because consumers have choices. The only way the consumer will pay the entirety of the tariff is if there is literally NO alternative and the good in question is ABSOLUTELY necessary to live.

>>60490906
>This means chink COMPANIES have to pay 55% tariff to SELL their cheap shit in America. IF they pass the increased cost to American consumers, American consumers will find a substitute product (most likely one produced in America). This is why the Chinese companies will not pass the expense to consumers because consumers have choices. The only way the consumer will pay the entirety of the tariff is if there is literally NO alternative and the good in question is ABSOLUTELY necessary to live.

>>60490778
What you had to pay was a customs duty to make your post office release the package. That's not how these terrorists are going to work in the United States.

>>60490917
Not an argument chink

>>60489978
>For Trump this is a win, since he was able to majorly fuck over Chinese exports without hurting American exports. This incentives new domestic production without hurting existing industries.
This won't happen. Those corporations have another tax cut coming their way. They will just wait these tariffs out until Trump is done. A tax incentive to open factories in America would have worked.

>>60490841
>announced intention
>eye us expansion
>plan to invest
Just two more weeks and Tim apple will finally bring those 50bil he's been promising for the last 15 years.

>>60490961
>Not an argument chink

>>60490857
>didn’t answer my question
Yeah it’s alright bro. Dem sweep gonna have it all back to normal

>>60491073
That Nigga got zoggies dick so far in his mouth he can’t read stuff

>>60491100
That's correct. I didn't answer your question because you complained about industry not moving back, were proven wrong, then tried to start an entirely new argument because you can't admit you were wrong. Admit you were wrong and I'll happily answer your question, or don't, I don't care.

>>60491073
Many of those factories have already been built. If I post proof of that, will you admit you're wrong or keep moving the goal posts?

>>60489945
>>60489964
Nice FUD

>>60491456
Keep running away lil bro. We all know TACO needs those rare earth metals. Keep choking on that TACO

>>60489756 (OP)
That sounds bad but it makes our imports more expensive and our exports cheaper. It also draws revenue but iunno how much.

>>60491470
>Can't admit he's been proven wrong about industry returning to the US
>I'm the one running away
Sure thing kiddo. Good luck with the troll thread

>>60491481
>announced intention
>eye us expansion
>plan to invest
Just two more weeks

>>60489756 (OP)
well its an incentive to make the product with local workers

>>60489756 (OP)
>consumers pay 55% tariffs
Consumers don't pay tariffs

>>60491641
businesses pay tariffs and businesses pass on expenses to consumers

>>60489756 (OP)
TACO Tuesday on a Wednesday this week, pretty based! Thanks Trump! Yum!

>>60489756 (OP)
As we told you in the Toy thread and the Vidya thread and all the other boards where you're spamming chinkshit, OP...

The point of the exercise is to get Americans to stop buying Chinese goods and to get American companies to stop manufacturing in China.

Its not about improving or worsening prices, its not about making or losing money, its not about relative economics, and its not about whos winning. The singular point is to make doing business with China expensive for Americans so Americans stop doing it. Once Americans stop doing business with China it will open up market opportunities for manufacturers that don't do business with China to take those places. They're just trying to get the US Economy less dependent on them during the run-up to the war, so that there isn't a huge hole in our economy when we declare war on China. Nothing else. Governments don't give a shit about normal citizens, what they spend money on, how much they spend, or who they buy from beyond that in this exercise.

Just stop doing business with China. That's all they want. There's literally no other purpose to any of this.

>>60490265
>China segued into advanced manufacturing creating prosperity and continued GDP growth 3x
Kek, China is advanced in the same way India is advanced, they're just frauding more to make their numbers look better. If you really believe the third world will ever be able overtake the west in anything other than disease spread you're a mongoloid.

>>60491777
>The point of the exercise is to get Americans to stop buying Chinese goods and to get American companies to stop manufacturing in China.
Well then why not keep to 100% tariffs then?

The irony is this doesn't encourage companies to not manufacture in china. It encourages them not to manufacture in the US because of all the other tariffs making us an isolated market. Why would you set up a factory in the US that can only profit by selling to the US, when you can set up a factory and China and profit from selling to everywhere other than the US?

>>60491463
You won't post proof because it hasn't happened. In fact, it's physically impossible for it to have happened because Trump's only been in a few months and it's impossible to build a full factory in that time.

Cheap Chinese junk will cost an extra dollar fifty big whoop

>>60492250
Hard bans are already in place on a number of Chinese goods, services and companies as well as permanent sanctions. The tariffs are to stop LEGAL trade, not all the illegal trade. These sanctions have been in for decades in one capacity or another and many large corporations have already moved away from doing business with China.

>Why not keep to 100% tariffs?
Because they're trying to get nominally democratic citizens and institutions to stop what they're doing on their own, not trying to force them to stop. They want to ramp up the expense so that people naturally move to cheaper alternatives, which will develop as business moves away from China and into alternatives, as it already has with India, Pakistan, Vietnam, Cambodia, Turkey, Mexico and even a lot of US Flyovers. The sanctions were meant to signal to major corporate interests that business with China is off the table, the Tariffs are meant to signal to US Citizens that business with China is off the table.

Eventually we'll be on a war footing and it will be wholly illegal to do business with China in any capacity as they'll be considered an enemy of the State. Then there will be actual punishments for doing business with China, as opposed to just making it more expensive or more difficult. Its meant to be a gradual run from Soft Sell ----> Hard Sell ----> Harder Sell, rather than, y'know, just being Chinese about it and dictating what people can and cannot do.

>>60489936
>China wont pay the 55%
Nobody is gonna pay an extra 55% for chinkshit...just not gonna buy it

>>60492292
So the plan is literally to go to war with China.

Yeah really like, think this through for a minute.

trump won and retarddit chuds are seething.

>>60491463
If those factories already have been built then this was all done before trump tarrifs and so what trump is doing is useless. Are you retarded?

>>60492292
>They want to ramp up the expense

Why did they start with much bigger tarrifs then backpedal then?

>>60492543
The plan has always been to go to war with China, Russia and the other revanchist countries if they could not be brought to heel under the world's banking, money and governance systems. First was the soft sell, in which Western institutions helped China to become a capitalist, democratic nation. Capitalist worked, democratic didn't. The West still doesn't have control of China's institutions, and they're still billing themselves as a power in opposition.

There's only one polar power, however, and there can't be any competition going forward now that times are getting leaner. Yes, the plan is literally to go to war with China, because they could not be bribed, bought, or cooperated with into just joining everybody else.

>>60492614
Working as intended, with or without the drama. The sanctions back in the aughts and the teens got a lot of corporations to move elsewhere - most goods in the US don't say Made in China anymore, its usually one of the other nations in the previous post. The new tariffs are working as far as keeping citizens from buying Chinese goods as well. Christmas 2024 is good for metrics on this - a lot of people got hit with the import duties and simply backcharged goods on their credit cards rather than pay.

>Why did they Ching Chong Bing Bong
Because they're in your skin where you can't get in.

>>60489756 (OP)
lol/lmao