The section that says " tariffs charged to the U.S " is the tariffs other countries add to the price of our goods when they import them
But that added cost is not charged to the US. It is charged to the companies in that country who are importing our goods. Those increased import costs are then passed onto their citizens when they buy that product.
Him labeling it " charged to the US " is a blatant lie to continue his false narrative that the tariffs he is adding to the goods we are importing ( the number on the right ) are somehow hurting those countries and isnt going to raise our prices. He has been lying about tariffs since moment one.
So for example, the tariff added into Japan. We import lots of stuff, say the Playstation 5, from Japan. Now that item gets an automatic % raise in price due to the tariff. So Sony can then go, ok sorry guys the PS5 is now 25% more expensive in the US to counter the tariff.
So in both scenarios in either country tariffs will just raise the cost of imports for the consumer. I don’t understand why Trump supporters and so many people think that if we just increase tariffs, it’ll make manufacturers bring the shops here but why would they do that? That’s not financially smart for them they would just raise the prices or am I wrong?
Yup. Trump thinks a US importer paying 30% more will suddenly start this industrial revolution in the US. When that would actually cost the company tens of billions, and for what, so Americans get cheaper prices? Lol. Yeah cause businesses are dying to spend billions so they can lose money.
The easiest thing to do is simply raise prices. Let the poor working citizens figure it out.
In the end just think of those numbers on the right as an automatic tax increase. Thats essentially what it ends up being. German cars? That % number more expensive. TVs from China? +50% higher priced. Etc etc
I have a limited understanding of economics but that’s what I had gathered so far. I appreciate the clarification. My FIL says the same thing that trump is bringing business back and they’ll suddenly uproot billions of dollar of manufacturing infrastructure because americas back baby. It’s fucking detached thought and I don’t understand it. Sad times
Also, since the easy way to protect yourself, as a country, is to apply tariffs to the US, it is then not worth for any company to produce in the US. Instead, produce outside, benefit from no to low tariffs for exporting to anywhere but to the US, and increase the price just for the US. The US cannot win as they are alone vs the world.
Yes but you are looking at it from a consumer perspective. From a business standpoint if a country puts 50% tariffs on US product it’s puts our exports at a disadvantage.
i hear so many times that they "know what they're doing" or that things are a "deliberate plan to undermine" or somesuch and I think that's giving them an astonishing benefit of the doubt.
they're just idiots. who are in power because a series of people made a series of terrible decisions
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u/OpticalPrime35 4d ago
" Tariffs charged to the US "
This administration is just nonstop lying. Nonstop. About everything