Thread 213557667

Have Americans gotten any tariff money yet?

>>213557667 (OP)
Yes, the 20 of them at the top.

>>213557667 (OP)
I feel the billions flowing as we speak

>>213557667 (OP)
And it all goes go Israel!!! Yeaaahhh!!!

>fees levied at US importers at the border
>passed on to consumer by importers
Are Americans the dumbest people on earth?

>>213557667 (OP)
Kek
Do Americans really think it's not them who pay tariffs?

>>213557782
no nobody thinks this, only orange faggot thinks this.

>>213557782
Most of them do though. This is what they voted for.

>>213557742
We gave Israel $12.5 billion last year. Now I know that’s like your entire GDP but the 2024 US federal budget was $6.8 trillion, so we spent 0.18% of the budget to buckbreak the entire Arab world. pretty good return if you ask me, am yisrael chai or whatever

>>213557832
he doesn't think that either, it's just temporary theater, it makes him look like he's working hard for the common man

>>213557782
78 million do and are all over social media claiming otherwise

>>213557853
How much of that money went to creating an affordable health are system?

>>213557845
take a look at how shit the other option was. There are only 2 options

>>213557869
it makes him look like a fucking faggot. Also his fanbase is starting to turn on him because even they are realizing how retarded he is

>>213557751
>>213557782
>>213557845
>>213557869
>>213557874
Why thirdies incapable of thinking through second order effects? Yes, the importer pays the tariff, but in practical terms what that does is make the imported goods more expensive, and therefore less competitive. So your companies will sell less shit to the US, and therefore make less money. Enjoy

>>213557853
It's hilarious how a largely insignificant country is robbing America blind.
And Americans are completely powerless to stop them.
And American politicians are completely beholding to this one foreign insignificant country to the point that they fly half way across the world to personally pledge fealty.
My God, it's a whole humiliation ritual.

>>213557927
yeah i learned this in high school kek

>>213557883
I'm NTA but our healthcare system is fine. Hospitals have a "pay what you can" or "charity care" system built into them and write off the losses in taxes. Every system will have the 1 in 500000 horror story

>>213557927
Except your companies rely almost entirely on foreign materials and can't produce everything. I swear Americans are the most retarded people on this site.

>>213557883
You pay 49.5% of every cent you make above €73,031 to the government and still think the healthcare is “free” lmao

>>213557667 (OP)
they have earned billions from tariffs
they have lost hundreds of billions from tariffs

greatest trade deal in the history of trade deals

>>213557927
Why are Americans always applying HS economics to the real world?
The world isn't a toy model.

>>213557954
>entire world produces 1000x wood
>tariff in place for 20%
>america only needs 100x wood
what will the 1000x producers do to be able to sell for the big bucks? They lower their prices and pay the tariff

He actually got the poor to pay taxes indirectly in a form of tariff, so that's an achievement

>>213557927
>Yes, the importer pays the tariff, but in practical terms what that does is make the imported goods more expensive, and therefore less competitive.
you're almost there, buddy, almost there! now, for the final step: what happens to the prices of these imported goods?

>>213557927
>Why thirdies
turn off your VPN

>>213557968
California was a country that would have the fourth highest GDP sir. Heh maybe you need to go back to school!

>>213557932
>robbing America blind
I already told you, it’s a great investment for us. A rounding error of the budget to shatter people who hate us is good. Jews are based
>>213557954
>Meidastouch
lmfao. Why don’t you help your palestinian sunni brothers pussy hahahaha
>>213557968
>economics is… le fake!
great argument

>>213558021
>investment
without a return ... is not called an investment, SIR,
btw, the tip of your nose is poking my eye

>>213557988
>what happens to the prices of these imported goods
in practical terms what that does is make the imported goods more expensive. did you not even read what you geeentexted bargain bin russian faggot?

>>213558021
>A rounding error of the budget to shatter people who hate us is good.
They hate us largely because of our relationship with Israel
The reason we support Israel isn't because it's an investment, it's because AIPAC props up politicians who promise to support it. Our president is being blackmailed by mossad

>>213558021
Hello David. Washington would hang you for treason.

>>213557927
kek
You will pay x3 of the price of the products.

>>213557943
Your healthcare system is not fine. America is the only western country where people can go bankrupt over medical issues or even die because they can't afford treatment
Dystopian third world country

>>213557667 (OP)
The Americans pay the tariff. They flew from some Red State to Washington to Connecticut.

>>213558098
see >>213557960

>>213557927
This is only new in the US.
It has been done around the world, especially in our countries, for decades.

Crazy how trumptards don't realise everything will be getting much more expensive because of tariffs
They don't understand what they're voting for

>>213557927
So when are you applying for your sweatshop job? Reminder that you're kicking out the spices so someone is going to have to sewn those local t-shirts

>>213558040
and who pays this price?

>>213558040
>>213558136
to clarify, I don't mean the price of just the individual imported piece of trash from China, I mean the market price for pieces of trash regardless of supplier.

what happens to the market price, genius?

>>213558114
My tax is 12%
That 50% rate is for high earning incomes only but none of them actually pay 50% but 30%. The 50% is just the base but then there are a bunch of things you can do to reduce the rate

It's actually quite admirable how Americans turned "we're taxing ourselves to own China" into a serious economic strategy

Like, it takes real confidence to shoot yourself in the foot and call it forward momentum. Never change lol

>>213558171
Anything to own the libs
Same thing happened with the UK and brexit and the UK is now barely even a first world country anymore but at least they owned the libs

>>213557667 (OP)
>tfw paying sales tax AND Epstein tax
I hate this fucking country

>>213557667 (OP)
thank you mr. pedofile

>>213558242
>Epstein tax
this has meme potential

>>213558242
It could be worse. You could live in a country with a VAT, which is like a tariff that even applies to domestic production.

>>213558222
to be fair giving the decision to leave the EU to a popular vote determined by 51% majority was pretty stupid. That would never happen in my country (where things make sense)

in 3.5 years america will either be moving to brazil tier or be even richer than before

>>213558267
>>213558277
>>213558468
How do you rotate your flag?

>>213557667 (OP)
Two more weeks.

>>213558468
European companies are falling behind their US counterparts in their second-quarter earnings, as the impact of President Donald Trump’s trade war frustrates investors who had bet heavily on a revival for the region’s stock markets.

With more than half of the companies in the Stoxx Europe 600 having reported earnings, the index is on track for no earnings growth compared with a year ago, according to Bank of America, sapping optimism over a revival in the region’s equity markets.

By contrast, the S&P 500 index’s constituents are on track to post 9 per cent year-on-year average earnings growth, according to BofA, powered largely by strong results from Silicon Valley’s tech giants and Wall Street banks.

Grant Bowers, senior vice-president at investment firm Franklin Templeton, said: “Earlier this year, there was this narrative shift that the US was going to lose its exceptionalism brand and the rest of the world would catch up.”

“But the reality is, you have to back it up with earnings and profits and economic growth,” he added. “You need the corporations to follow through — and Europe struggles to have these leading businesses.”

How Trump lowered inflation despite aggressive tariffs

Since Trump took office, the substitution rate of items in the CPI hit a historic high of 35%.

CPI includes food categories like fruits, meats, vegetables, etc.,
and inside fruits, you have apples, oranges, dragon fruits, and so on.

It's basically impossible to track every single type of fruit,
so the CPI picks a few "representative" items to monitor.

But over one-third of those representative items got swapped out.

For example, if tariffs made apple prices jump 30%, apples get kicked out of the representative basket, and uninflated fruits like oranges get included instead as substitutes.

By swapping in items that haven't gone up much, they can basically fake the inflation numbers.

Normally, due to bad harvests, disasters, or trends, about 5–10% of items get swapped monthly.

After Trump's tariffs? That number shot up to 35%. WTF lol

https://www.bls.gov/cpi/additional-resources/entry-level-item-descriptions.htm

>>213558530
>Stoxx Europe 600
Those a are UK, Germand, French and Swiss companies.
I support their decline

>>213557853
>>213557902
>>213557927
>>213558021
DOGFUCKING
RAPED
KIKE

>>213557728
kek

>>213558314
>>213558333
>>213558530
DOGFUCKING
RAPED
KIKE

>>213558171
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>>213558552
That chart is really about BLS lacking staff now. But your post is describing CPI chaining. As always, you can choose to look at either chained or ordinary (non-chained) CPI. But I'm not seeing any analysis of either in the link you gave.

>>213558552
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>>213557927
Problem is that many imported products are used to make other products in America. So there are other second order effects as well.

>>213558678
Please Take a look at this link I found

https://www.bls.gov/cpi/additional-resources/entry-level-item-descriptions.htm

it explains how the BLS defines and categorizes CPI's Entry-Level Items (ELIs)

It clearly shows these ELIs are fixed, well-structured representative items used consistently for tracking price changes

Your claim that recent issues are due to BLS staffing shortages isn't supported by this official documentation

The BLS organizes and maintains CPI categories systematically regardless of temporary staffing fluctuations

If substitution rates surged during the tariff period, it reflects economic policy impacts and statistical methodology, not just administrative problems

So dismissing the observed inflation data quirks as mere staffing issues ignores the real factors behind those changes

yes, they've made tons from the new tax
I'm watching a video about it right now

>>213558788
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>>213558830
YOURE EDUCATING YOURSELF BY WATCHING A VIDEO?!
WE'VE GOT A REAL LIFE BRAHMIN IN OUR THREAD!!

>>213558889
I'm just curious, why are you so jealous of India?

>>213558952
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>>213558788
Here is where the chart you posted came from:
https://www.apolloacademy.com/the-quality-of-the-cpi-data-continues-to-deteriorate/

He explains briefly what different-cell imputation is. This page from BLS says more: https://www.bls.gov/cpi/tables/imputation.htm

Substitution effects, and their modeling, are a different issue entirely.

>>213558133
This isn't an argument and I don't know why turdies and europoors think it is. Factories closed in the US throughout the 80's, 90's, and 00's - and the promise was these would be replaced with tech jobs. Which are being replaced by AI. It was a huge scam. So who is going to apply for the factory jobs? The people who worked at them before they were fired, retard.

>>213557738
fuck off reddit tranny

>>213559305
You're mixing two different issues.

The Apollo article and BLS page are about imputation, how missing prices are filled in due to data gaps or staffing shortages.

That's a data quality problem.

Substitution effects, on the other hand, are about how the CPI models consumer behavior like switching from apples to oranges and are handled through geometric means or chained CPI.

So no, the chart isn't about substitution.

It's about how messy the data collection has gotten.

>>213557728
lolz

>>213557667 (OP)
Umm, what diffirence does it make?

>>213557667 (OP)
So how hard is the shart of deal going to fuck the average ameritranny?
Because we still will be buying Russian oil and funding ukropiggier death

>>213559464
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>>213558128
Their daddies Donnie and Elon are sure to make them trillionaires any day now, then it won't matter. Just two more weeks of tariffs and then Cleetus will surely get to reap the benefits

>>213558617
Guess where the finding to prop up your dysfunctional slavic hellhole comes from
If we go down, you go down with us
Sucking American dick won't help you

>>213559464
Okay, agreed. Your chart showed a data quality problem, but you used it to argue that substitution (within each category) is occurring to a much greater degree than before. I don't think the one necessarily follows from the other, and I don't think that applying the normal substitution process makes the CPI figures "fake", even if this is an abnormal real-world situation. I can say that retail prices near me have not been massively changing lately. If the BLS is hiding something then it won't matter when it runs into lived experience.

>>213559688
Fair point, data quality problems don't automatically prove substitution effects are skyrocketing.

And yes, substitution is a standard, legitimate part of how CPI is calculated.

But what's concerning is that with staffing shortages and increased imputation, the CPI may be relying more heavily on estimations and substitutions than usual, potentially masking real price spikes in many categories.

>>213560160
Could be. Again, my attitude is that whatever is happening, market participants will work it out using local knowledge and any effects will be felt regardless of how they're measured. But underestimating inflation is a way for the government to make money, so I wouldn't be too surprised by anything.

>>213557984
Your retarded make believe example :

>US is not the most important buyer of Timber
>US must still buy timber
>Nobody wants to sell to US because matching the previous price means -20% profits.
>it's less of a loss to lower your prices to above -20% and compete for the rest of the market
>Us has to buy at previous price plus 20%
>Poeple decide to fuck the US cucksooomer and hike prices even more

Fucking trumpanzees

>>213558044
sure thin HIVan
Now why dont you go sign a contract

>>213557667 (OP)
sleepy joe government was boring as hell
trumpy dumpy government is funny as hell

bumo

>>213557667 (OP)
Tariffs don’t give people money. They just make things more expensive. The government gets the money, and you get the bill.

>>213558627
>>213558674

>>213557927
If we take that at face value, why wouldn't your domestic manufacturers simply match the price of imported goods and pocket the change?

>>213557667 (OP)
I've never seen a politician boasting so openly about the taxes he's been able to raise

>>213558952
>why are you so jealous of India?
No one other than sub-saharan Africans who have to eat tree bark and human liver to survive is jealous of India or anything relating to that cursed subcontinent.

>>213559378
So when is your shift starting?