General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsLet's get one thing straight about Motherfucker Krasnov's alleged win on tariffs with China
It's a reduction from 145% to 30% on nearly all goods imported from China, which means it's a 30% sales tax on all of those goods when the end user consumers buy them. So, in the simplest terms, your product that was $100 now costs $130.
And where do you think the money collected at the point of transfer goes?
Why, bless their fucking hearts, the billionaire tax cuts.
Anyone else here connecting the fucking dots?
Fuck you, Krasnov.

Scrivener7
(55,657 posts)He created the problem and then partially mitigated it.
Without him, the problem wouldn't have existed in the first place.
PatSeg
(50,161 posts)thinks it will be. His constant unpredictability is putting everyone on edge and in the end, everyone will still be paying much higher prices for almost everything. People need periods of stability and certainty, they'll never achieve that with Trump in the White House.
Harker
(16,206 posts)PatSeg
(50,161 posts)Lokee11
(344 posts)Though I agree with many here that it is not a win -
This is his M.O. - start a fire and then take credit for putting it out
He is a fucking DOLT!
✊FDT!
moondust
(20,858 posts)One corrupt asshole should not have the ability to manipulate the market like this all by himself.
Hugin
(36,101 posts)At a 10% loss and huge expensive ripples and loss of good will in the global economy that are going to take many cycles to stabilize, if they ever do.
Aaaand
It could all change on a dime the next time that f**ker purses his porcine pie hole.
forgotmylogin
(7,842 posts)I sincerely doubt China did anything except continue not shipping anything to our ports and Donnie calls hitting the snooze button "a deal". The deal basically was kicking the can down the road.
malaise
(283,906 posts)😀
NoMoreRepugs
(11,303 posts)at some point and the cycle will repeat.
JohnSJ
(98,536 posts)so obviously the media are carrying the water for this imbecile, and thinking the dumb ass American public will buy it, which they probably will.
It is the biggest con job, boon doogle right before everyone's eyes, and far too many idiots are buying it.
"The US and China will temporarily lower tariffs on each other's products, with the US reducing its levies from 145% to 30% and China dropping its duties from 125% to 10%.
Per Bloomberg.
What the OP said is absolutely correct, and it isn't permanent, just 90-days.
Wounded Bear
(61,914 posts)Worst fucking president ever.
OhioTim
(339 posts)will think of this as a win. Probably get back the last US hostage in Gaza today. Decent chance of a Russia-Ukraine agreement in the next 60 days and some type of agreement in Gaza. These look good on paper, but don't pass the smell test. If his approval rating goes up, I believe phase 2 will be more repression of US citizens.
Old Crank
(5,662 posts)It isn't a 100% tariff on list or sales price. It is on the imported cost. So if that item sell for $100 but the importer paid 50 the sales price would be $115.
Still a screw job for us. And more than we would have paid before.
Ol Janx Spirit
(181 posts)make up for the loss in profit that was compounded by the fact that even a slight rise in price will make many consumers reconsider their purchase. Also, somewhere out there an independent truck driver lost a good chunk of income from reduced cargo. That led to a diesel supplier losing sales and potentially laying off more people.
Disruptions in any area of a supply chain tend to have ripple effects that impact everyone whether we know it or not. Many many businesses will wonder why their sales went down even though they weren't impacted by tariffs and never raised prices....
krkaufman
(13,857 posts)if the importer is passing along the 30% tariff tax to the retail consumer. Of course, the sales price can be whatever the seller deems the market will bear, and if they feel that they can get away with bumping the price by more than just the tariff rate you can bet theyll do so. (See the cost of laundry drying machines when tariffs were imposed on washers.)
BurnDoubt
(340 posts)Has no idea what he's doing.
BoRaGard
(5,322 posts)are a skanky idea
usonian
(17,536 posts)

Trump got a cargo ship full of 🌶️ Kung Pao 🌶️ Poopy Paper!

spanone
(138,966 posts)Ford_Prefect
(8,367 posts)A national emergecy. Aren't there several legal challenges to this document filed which state that DJT's use of the tariffs exceeds his authority, much as many of his "orders" do?
IMO this us another gaslighting event because we don't deserve the truth according to Miller. Navaro, and Vance. Well hear the real costs next week at the grocery store, the dealerships, and the bank.
quakerboy
(14,349 posts)again in my lifetime be as strong as it was the day before trump took office the second time.
Even if he wins a few battles here and there, he has lost the war. And even if the country manages to remove him from office and replaces him with someone excellent who also has really good luck in world affairs, the damage he has done to this nation will take generations to repair.
Nigrum Cattus
(510 posts)ALL repugs are worthless