>"But why can't corporations just eat the cost of tariffs instead of passing them onto consumers?"
Why should the government be allowed to tell businesses they have to accept reduced profits?

>>513656896 (OP)
Anybody doing business with China can eat the tariffs for the rest of us. End of, simple as.

>>513657003
this. buy the rice, pay the price
>inb4 seething memeflags

>>513657003
>>513657054
It is pretty jarring that Conservatives of all people no longer seem to care about the free market

>>513657003
>>513657054
Stinks like communism in this thread.

>>513657003
sure they can
but the won't :^)
and there's nothing you can do about it impotent poorfag

>>513657121
>muh free market

We haven’t had free market since ever, disingenuous retard. Otherwise dems wouldn’t have been able to close businesses during covid.

businesses will pay the tariff, either by eating the cost themselves, or by eating a demand reduction when they raise prices. either way, it benefits the average American.

left
>tariffs are bad because it's a tax passed onto the consumer
>but also we need to tax businesses more and increase the minimum wage
right
>minimum wage is bad because that cost is passed onto the consumer and results in job losses, increased prices and increased incentivization for automation
>but also tariffs are good and won't cause any of that

>>513656896 (OP)
NOOOOOOOO SOMEONE THINK OF THE HECKIN

>>513657316
>reducing your wage's buying power benefits you goy
Why are you like this?

>>513656896 (OP)
Umm same reason it can tell States that guys can get married. It's your mommy, your God. Your secret lover. You're a libtarded leftie, you understand. It's the Government.

Now the issue is with the government is it's like a gun and anybody can grab it. And now somebody else is pulling the trigger. You did this. YOU.

>>513657317
Left or right is too sides of the same coin. Regardless of who is currently in power you will earn less, own less and you will be happier.

>>513656896 (OP)
corporations are faceless fictions of legal
find the faces
when you cant find the face behind the pieces of paper lawfare
what will you do?
dont reduce your cess to level of corporate anon

>>513657535
>too
*two

>>513657412
They already looked at the data and so far the importer and exporter and splitting the difference, things that shoot up in price shoot down in demand because with the global economy every product bar none has competition now.

So if China raises the price on X, Chile becomes more attractive and increses sales.

Rather than competing to see which country we can favor the most with zero tariffs, now it's a race between countries to see who can service the HUUUUGE US consumer market. And this means wealthy factory owners in places like Chile or Vietnam are pressuring their governments to drop tariffs even more so they can sell even cheaper with the same profit.

Nothing is sole source these days. NOTHING. You're making the freshie mistake of lumping "non-US" all in together but that's exactly the wrong way to look at this now.

>>513657121
>>513657139
kek, oh look at them try so hard lmao! Do moar!

>>513657412
my wage's buying power has been reduced 95% without tariffs. you try to use the cost of your own communism as a boogyman to scare us away from freedom.

>>513657698
actual high iq effortpost

>>513657191
Yeah, let's do it the republican way. Dumber, faster, and more jewish. These tariffs are dumb and nothing more then a really bad and costly PR stunt. There is no point putting tariffs unless you have an industry to protect but America is doing it for the sake of it with not even long term plans like getting factories back. Which you know was the whole point of this supposedly.

>>513657003
>>513656896 (OP)
you guys are retarded the Walmart issue is simple , THE US DOESN'T HAVE ALL THIS SHIT PEOPLE WANT.
It's simple tariffs don't work companies just jump to country with less tariffs. Walmart will buy form these hopping companies.

This isn't free market issue, this just simple profit driven issue.

>place high tariffs here
they will move to lower tariff region,
Things are not coming back like trump claims it would, they just jump to a different country to make things, and other companies bought from else where for lower tariffs.

>>513657794
Back in the day when the US was a new Nation, the China of the day was Belgium and they made cheap guns, locks, presses, lathes, valves, nozzles, bellows, you name it. So SO cheap that even Europe was suffering because you could buy a box of something from them for the cost of one widget from London or Bremen.

So the US decided to say 'fuck 'em' and put in tariffs to ensure that we created our own armories, machine tool factories, refineries, etc.

The situation today is identical to our founding, there is an industrial power that can sell you a thing for 1/4th or less than what it would cost to make it here, but the down sides are, you can't make that thing without factories and workers who know how to operate them and without those in a war, you're fucked. We literally came full circle.

Next? Corporations should be regulated by and require an Act of Congress like it was until the 1870s. To ensure they serve the public good. It'll come.

>>513657846
Really tldr? Countries who do what Trump wants will have lower tariffs and experience development and investment. It's a carrot and NBG stick arrangement.

>>513658076
>Back in the day when the US was a new Nation
and ran trade deficits

with no income tax.

He’s right. If corporations are operating with margins in excess of any tariff cost then there is no obvious reason why they’d need to transfer the cost to avoid beating the brunt of the tariff. They could have it eat into profit and still sustain operations as usual simply as a matter of fact.

>>513657698
>this is your brain on hairless ape magic paper
tell me why the rest of the world would be so ecstatic to toil away manufacturing things just so amerilards can keep consooming?

>>513657846
it's normie-iq

>>513657121
The system is rigged, there is no free market

>>513656896 (OP)
>TRUMP BAD, LEAVE THE MULTI BILLION DOLLAR CORPORATIONS ALONE REEEEEEE

>>513656896 (OP)
Mever seen a case of "trump is an actual retard" more apparent than this. Did he really think theyd cut into their profits instead of raising the prices? You would need a president that had noticed prices of things didnt go up because of magical inflation, it was because the greedy mega corps noticed they could raise prices, lose basically no sales and just get away with blaming rising production cost. Unless you realize this simple and obvious fact you cannot lead the fucking country.

>>513658815
What about their fiduciary duty to investors?

>>513656896 (OP)
>>513657003
>>513657191
>>513657317

>Does something that will raise prices and has always raised prices
>Prices get raised
>WHY ARE YOU RAISING PRICES??????
Learn basic economics socialists

>>513658840
>>513658907
don't be angry Prato chang
>>513658076
tl;dr

>>513657317
>>513659171
If there's no data to support any of that it's just yet more Austrian navel gazing. Sorry I don't believe in praxeology

>>513656896 (OP)
> tariffs are doing what everybody with a working brain knew
MAGA is so fucking retarded and dumbed down it is insane.

>>513659684
Why do the tariffs make you so angry if they're bad for the USA?

The President also gave corporations and the normal folks tax breaks that should be used to offset the tariffs.
Corporations are being greedy.

>>513659935
Trade is good for everyone from both parties doing business. Attempts to punish trade are bad for both parties and only lead to poverty.

>>513660083
China needs trade with the West because they're too poor to have an internal market. This makes them very vulnerable to tariffs. It's the big irony of their grand strategy to control the West through their manufacturing: they became dependent on their enemy.

>>513660255
>more hairless ape magic paper normie blabber
they produce everything they need but are "le too poor" whatever that means to uhm have all the stuff they produced (???)
and now that they have everything the are dependent on the west for their magic printed paper (???)
certainly it's not the west that'd dependent on china for even the dumbest simplest commodity as shown during covid

>>513657121
>free market
outsourcing slavery is so Bill Clinton.

Exporters eat most of the costs, companies eat some of them, the rest gets passed along to the conSOOMer. Most shitty retailers actually operate on fairly thin margins, like 3-9% once everything is accounted for. That's what a few point rise in interest rates, or a few point increase in theft across the fleet has such a drastic impact. It took over 30 years for us to feel devestation of globalism, I think it will take at least that long for us to feel the prosperity of sane trade policies.

Maybe the US should just nationalize walmart if they refuse to eat the tariffs

>>513660736
more seethe from Prato chang lmao

>>513657121
"Conservatives" never gave a fuck about the free market. All that either faction really cares about is maximizing their own power. They'll say whatever they deem necessary to manufacture consent from their voters at the time. 15 years ago, that was muh small government and free market rhetoric. Because a Democrat was in office back then. They were only against government intervention in life/business back then, because they felt like the government was against them. Now that a Republican is in office? Conservatives are all for government control over everything, as long as it's their guy in charge and it makes libtards mad. Stop expecting sportsball fanatics to have consistent principles that go beyond "my team good, their team bad"

>>513656896 (OP)
I think business have gotten away with a literal golden,no platinum age of maxim profits no matter what

I think it's time the state takes away their bullshit maximum shareholder profit shit,but that's never happening since big money doesn't take,it gives orders

>>513656896 (OP)
Remember: wealth seldom trickles down but misery/expenses always do.

>>513656896 (OP)
Basically the right, republicans, conservatives, GOP, etc like the idea of government being a daddy to billionaires, but only one that makes us feel better by wagging a finger, never really doing anything himself. They likely use the threat of socialism to say "either you play nice and help me help you or you get taxed more and more regulation through dem leadership" and that might actually keep corporations in line. But at the same time, it comes at the expense somewhere else. What can we do?

>>513662409
you lost

>>513656896 (OP)
Walmart deliberately under pays employees and expects them to be on food stamps to surve said poverty wages. McDonalds put out a "how to budget" guide for employees that assumes, as a given before it even starts telling you how to budget, that you have two jobs already and at least one roommate splitting rent costs.

These fuckers can eat the cost of the tariffs because they are already kicking over their employees to ensure they make more money.