Tariffs are paid by the people in the country. So the Americans have to pay an additional tax on what they buy, simple. So if a pencil from China is $0.10 per pencil and then a tariff is put on it of say $1.00, the pencil becomes $1.10. So the person in America pays $1.00 extra for the watermelon... This is simple math...

>>513438496
Ok that's consumer retail.
Now do commodities.
Steel, oil, wheat etc.

>>513438749
>Here's some products that don't ultimately get sold to consumers

>>513438749
Wheat has collapsed...

>>513438496
That is not how it works. Prices are a balance between what a customer can afford or is willing to pay vs. overhead + retail markup. Retail markup is now the largest single contributor to price at the register. It's not labor costs, shipping, storage, tariffs, etc. It is retail markup.

There are three entities that can absorb higher costs. From largest to smallest those are retailers, manufacturers or wholesalers, and consumers. Consumers have the least ability to absorb new costs by far. That's because the consumer is already red-lined, so they have very little disposable income. That means if the other two try to pass the costs on to the consumer, they will inevitably lose market share and/or volume. In general, retailers profit more from selling to consumers, than manufacturers profit from selling to retailers. So the retailer has the largest ability to absorb new costs because they have the largest profit margin. That means the retailer will take the largest hit from tariffs, followed by wholesalers and manufacturers, then consumers. it will likely be a 30-60-10 split.

tldr: You can't reduce the impact of tariffs to a simple additive equation. It's not a 1+1= economic apocalypse.

>>513438749
>Now do commodities.
>Steel, oil, wheat etc.
The US is exporters of those though?

>>513441598
Historically, the impact of tariffs is that local producers raise prices to match the tariffed foreign goods because companies generally prefer to sell fewer goods at a higher price. The idea that local producers will offer lower prices to outcompete foreign imports seems, historically, to be wrong.

Furthermore, tariffs always turn into a clusterfuck of bribery and corruption as companies and industries lobby for exemptions, which is already happening in America.

>>513441598
Yea it's a complicated thing to get right. Too bad we got a retard with a hammer instead of a surgeon with a scalpel.

>>513438305 (OP)
Tariffs were never a big deal until globalization rolled out planned economies for everyone. The US not having tariffs was one of the many reacharounds to ensure the cooperation of designated manufacturing economies like china in the plan. Henry Kissinger gets anal vored by the grim reaper and now there's some turmoil between nations trying to get better deals and some pushback was necessary with the threat of tariffs but they'll go away again soon. Especially once their gay retard AI panopticon rolls out and they feel confident enough in their own personal security to finally let the US economy freefall so they can come to the rescue with their new currency and look like the good guys. Enjoy your thousand years of slavery faggots.

>>513438496
You retards love to say this exact same thing over and over, operating under the assumption that companies HAVE to buy from China, and that negotiating doesn't exist at all.
I bet whoever came up with "tariffs are a tax on the people imposing them!" has some college degree barely worth the paper it's printed on, and thinks they're a mega epic big brain.

tarrifs are a shit way to tax people,
hope yanks use them more,
death to weimerica

>>513442609
What if the tax raised is redirected to something that benefits Americans?

>>513441598
In Australia we call you a fucking moron. If the government says that they are putting a tariff on beer of $1 per can, then we have to pay the price of the beer plus $1 cunt. So i pay the extra for the beer. So stop talking shit. 1 plus 1 = 2...

>>513442301
CN1 baby...
You just said it... Big fat Yank???
Red hot Waifu???
No brainer...

>>513442772
>If the government says that they are putting a tariff on beer of $1 per can
A tariff only applies to imported brands.

>>513442609
So what if the tariff goes to 10,000%???
On stuff. Whos going to pay it???

>>513438305 (OP)
Source for the first quote?

>>513442854
No shit...

>>513443004
>No shit...
So is it the same as you paying an extra dollar for a beer when a local brew also exists?

>>513442301

The entire point of tariffs is that we don't produce enough domestically. In the short term, we have no choice but to buy foreign because there aren't enough factories here.

>>513442975
It's been the main talking points in the media. "The tariffs only hurt the American consumer".

>>513443066
The whole point is it incentivizes you to buy local because it's a dollar cheaper

>>513441719
>historically
First of all, that's bullshit. There is not a single modern nation that did not come into existence without tariffs. Not one. Without tariffs every nation would have stagnated as a slave labor colony for whatever the major power existed at the time. They all protected their growing industries with tariffs without exception. The idea that tariffs are somehow universally damaging is bullshit revisionism by globalists oligarchs and their easily misinformed lolbert retards.

>>513442772
If you're any indication, then an Australian calling me a moron would carry as much weight as if the insult came from St.Corky himself. What are the tariffs Australia employs right now? Do you even know? No, you don't.

>>513443641
Buy what local??? There is no local.

>>513443644
Yes mate, And the people have to pay for it...

>>513443800
No "mate". You keep reducing tariffs to the simple additive equation I already proved doesn't exist. These mythical people (that also don't exist) would have only paid for it if they could or were willing to absorb the costs. That paradigm does not exist currently (or ever really). Retailers can try raising prices, but people will just reduce consumption when they don't have the disposable income. That creates a market where competition willing to take less profit can arise. That would mean they offset the tariffs.

Why is this concept so fucking hard to understand? But then again, I am presumably talking to an Australian.

>>513443760
>There is no local.
You have an excise duty on all alcohol, the supermajority of booze you drink in Australia is already brewed domestically under license to avoid it.

>>513444342
Listen fuckwit,
Who is going to produce at a loss??? Are you going to pay to go to work.
For gods sake think, god gave you a brain, don't waste it. Who is going to feed you? You have to pay enough to assure the provider makes a profit... There is no fairy godmother...

>>513438496
if what you were saying were true,
then why have the price of import cars in the us gone down?
>er, uh, um....
yeah, you're retarded.

>>513445832
Your dreaming...

>>513445928
BYD....

>>513445980
BYD is a chinese company
>er... um...

>>513445933
https://www.ato.gov.au/businesses-and-organisations/gst-excise-and-indirect-taxes/excise-on-alcohol/excise-duty-rates-for-alcohol
Stella Artois in Australia is brewed by Lion in Melbourne.

>>513445980
Americans can't import BYD cars.

>>513445980
wow, i noticed you got really quiet as soon as i showed you proof that you're retarded.
it must suck to have your retarded cultist mantra proven wrong with real world data....

>>513438305 (OP)
>Tariffs are paid by the people in the country
You people are always so full of shit. The real price of imports is the destruction of your industry which is never accounted for or even mentioned.

>>513438496
>Tariffs are paid by the people in the country.
You people are always so full of shit. The real price of imports is the destruction of your industry which is never accounted for or even mentioned.

>>513438305 (OP)
There was a thread earlier about the rise in the price of beef. I have to say that I was surprised that Americans now pay much more for beef that Canadians. Now imagine some part of the economy that depends entirely on imports. It's so over that you didn't even notice when the overness began.

>>513446512
America produces the most beef globally already.

>>513446475
>They treat us very unfairly. I'll just destroy everything. Billion and billions coming in. The golden age as he pisses yellow urine in his own face.

>>513438496
Wrong

>>513446625
Why is it more expensive?

The tractor is more expensive, the parts for that tractor are more expensive, now feed is more expensive, cows are more expensive to feed and maintain, beef is now more expensive. the cost always goes to consumers.

Foriengers WILL pay the the tariffs and you WILL like it.

>>513446812
>Why is it more expensive?
The Americans are exporting more, we're losing beef market share to them as a result but due to the global prices revenue is increasing despite this.

Asians want beef.

>>513446268
Because they are dickheads...

>>513446270
Just buy a BYD Shark 6...

>>513446512
Ok. So I have to imagine which part exactly? Can you give me a hint?

>>513447192
The American beef herd is at a 45 year low, just onions boys now...

>>513442728
Penis extensions and vaginal reductions???

>>513445928
Because they are making cheaper cars....

>>513446067
Yes it is ...

>>513445905
Reducing per-sale profit does not mean operating at a loss, it means operating with a lower margin.
The incentive to produce is to make up for your reduced per-sale profit with higher volume by taking advantage of the fact that you now have an advantage over foreign imports and grab a greater market share.

>>513438496

Or... Get this... You just buy a pencil that was not made in China, for $0.15.

That is the true purpose of tariffs.

>>513449588

We don't have enough factories to make it ourselves and won't have enough for decades.

>>513449757

>BUT CHYNA MAKES EVERYTHING
>Even though they only account for about 16% of American imports

Shut up.

>>513450125

Childish. The US won't be able to stop importing for a long time.

>>513445905
Why the fuck do you think I'm going to accept your ridiculous framing on a subject you obviously don't understand? Nobody said anything about producing at a loss. You imagined that shit because you're an idiot. What I did say, was that tariffs will be absorbed in the margins. Who has the largest margins? Retailers. Retailer will eat the largest share of the tariffs. Wholesalers and manufacturers will be next.

This is a simple fucking concept that you seem hellbent on making more difficult than it needs to be while somehow still oversimplifying the larger issue.

>>513450514

Corps are not benevolent. They will try to pass as much of the cost as they can to consumers. It's wishful thinking to believe that corps will absorb most of the tarrifs.

All these tariffs and new income streams for the government, yet my income tax remains the same.