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Old 05-13-2019, 04:25 PM
 
2,577 posts, read 1,660,560 times
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Quote:
Originally Posted by ndcairngorm View Post
Well, I suspect China will take a much simpler approach. They'll just charge $1.35 for their $1.00 object, hand over the 25% tariff, and make 2 cents on the deal.
Maybe they’ll just stop purchasing treasuries.

 
Old 05-13-2019, 04:34 PM
 
69,991 posts, read 70,534,675 times
Reputation: 47622
Quote:
Originally Posted by Thatsright19 View Post
Maybe they’ll just stop purchasing treasuries.
The problem is they really can’t ....they hold so much that we are joined at the hip .... anything that hurts our treasuries hurts them too..... it would be like the bank you owe a load of money to trying to sabotage your business for spite .
 
Old 05-13-2019, 05:05 PM
 
Location: 49th parallel
2,471 posts, read 1,291,856 times
Reputation: 5091
Quote:
Originally Posted by Quietude View Post
You realize you completely missed the point of the OP, this thread and reality?
Not sure I understand your point. I'm actually agreeing with you here. China will not suffer from the taxes; they'll just raise their prices to cover the cost of the tariffs and we the long-suffering Americans will pay the difference.
 
Old 05-13-2019, 05:11 PM
 
5,216 posts, read 2,154,958 times
Reputation: 15835
Quote:
Originally Posted by ndcairngorm View Post
Not sure I understand your point. I'm actually agreeing with you here. China will not suffer from the taxes; they'll just raise their prices to cover the cost of the tariffs and we the long-suffering Americans will pay the difference.

Nope. Other sources based in other countries will pick up the slack.
 
Old 05-13-2019, 05:19 PM
 
Location: Aurora Denveralis
7,098 posts, read 2,465,819 times
Reputation: 10995
Quote:
Originally Posted by ndcairngorm View Post
Not sure I understand your point. I'm actually agreeing with you here. China will not suffer from the taxes; they'll just raise their prices to cover the cost of the tariffs and we the long-suffering Americans will pay the difference.
China.
Doesn't.
Pay.
Tariffs.

www.dictionary.com might help, here, along with a slow reading of the OP.
 
Old 05-13-2019, 05:51 PM
 
Location: Aurora Denveralis
7,098 posts, read 2,465,819 times
Reputation: 10995
Quote:
Originally Posted by ndcairngorm View Post
It's all very well to be sarcastic, but what are you actually saying? That we will stop buying from China?


I'll type this very slowly.

You are a can maker and buy a coil of steel from BingBangBong Steel.
Their price is US$10,000.
The tariff is 25%.
Who pays whom how much here?
 
Old 05-13-2019, 05:58 PM
 
Location: 49th parallel
2,471 posts, read 1,291,856 times
Reputation: 5091
OK - I just gave myself an online course on tariffs, and I see now that the tariff is paid by the importer, not the seller. Mea culpa. But I stick by my first statement that we certainly should have found a less blunt instrument with which to fight this war.
 
Old 05-13-2019, 06:01 PM
 
Location: Aurora Denveralis
7,098 posts, read 2,465,819 times
Reputation: 10995
Quote:
Originally Posted by ndcairngorm View Post
OK - I just gave myself an online course on tariffs, and I see now that the tariff is paid by the importer, not the seller. Mea culpa. But I stick by my first statement that we certainly should have found a less blunt instrument with which to fight this war.
I wouldn't disagree in the slightest.

The whole point of this thread is that too many people believe (maybe because of the nonstop POTUS tweets on the topic) that "China pays the tariffs to us."

That he can't even get this basic point straight and insists this is the way to Make The Deal is just... well, I've run out of adjectives for this administration.
 
Old 05-13-2019, 07:39 PM
 
279 posts, read 86,799 times
Reputation: 541
Why do we even need to trade with China at all? It's been one sided, and they can't play fair. Rip the bandaide off and cut ties with China. Most of what they ship to the U.S. is low quality junk, and it's not as cheap anymore. U.S. farmers can grow crops to feed consumers in the U.S. Less hog farms is a good thing, the factory hog farms destroy the environment, and make those living around them miserably sick. The GMO soybeans, Roundup ready crops also destroy the environment, there's already a decline in bees to pollinate, less butterflies, etc. Let China produce their own food.
 
Old 05-13-2019, 07:56 PM
 
107 posts, read 92,969 times
Reputation: 48




What's going to happen to Trump's shoes, ties, and tshirts? Trump's merchandise is made in China.
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