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Old 05-12-2019, 08:06 PM
 
10,575 posts, read 10,853,403 times
Reputation: 5225

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At least kudlow isn't a lying sack of **** like Sarah Sanders.

In addition to being honest that trump will never pay down all the debt he is creating, he is acknowledging who ultimately pays those tariffs

https://www.nbcnews.com/politics/don...s-not-n1004756

 
Old 05-12-2019, 08:33 PM
 
Location: United States
10,950 posts, read 5,069,442 times
Reputation: 5240
No, Kudlow said both side pay the tariffs.

Of course if tariffs continue long term, manufacturing will move to countries that are not facing tariffs.
 
Old 05-12-2019, 08:34 PM
 
Location: CA
4,281 posts, read 1,848,382 times
Reputation: 5519
Orange man bad
 
Old 05-12-2019, 08:35 PM
 
Location: NE Mississippi
13,673 posts, read 8,580,903 times
Reputation: 19868
That's not what he said.
Fake news. If there were no cost to China, then China would not care.
 
Old 05-12-2019, 08:54 PM
 
29,751 posts, read 16,443,859 times
Reputation: 13823
Quote:
Originally Posted by neko_mimi View Post
Orange man bad
He sure is on tariffs (taxes), trade, markets and well heck, to think about it, just about everything. I'll let you know what something changes.
 
Old 05-12-2019, 08:57 PM
 
10,575 posts, read 10,853,403 times
Reputation: 5225
Quote:
Originally Posted by neko_mimi View Post
Orange man bad
Truth hurts Maga fanatics so much. SAD!
 
Old 05-12-2019, 09:06 PM
 
10,575 posts, read 10,853,403 times
Reputation: 5225
Quote:
Originally Posted by stburr91 View Post
No, Kudlow said both side pay the tariffs.
.
Whacky pro trump logic. All costs are ultimately borne by the end user... Aka the consumer
 
Old 05-12-2019, 09:50 PM
 
Location: the Sticks
8,628 posts, read 2,477,573 times
Reputation: 4542
Quote:
Originally Posted by chopchop0 View Post
Whacky pro trump logic. All costs are ultimately borne by the end user... Aka the consumer
Absolutely correct. That is why raising the minimum wage just raises the cost to consumer. The same is true of raising taxes on business.

Chinese products will be more expensive to cover the cost of tariffs. Fact
also fact is this will then make it more profitable to manufacture here v.s over there. In other words it levels the playing field.

China is at best the worst possible trading partner anyone can be stuck with and at worst they do their best to destroy everyone elses manufacturing capability. Chinese make junk. They own the stereotype which is very true.

Even here in Asia everyone believes that the Chinese made products are garbage. Made in Japan stores are everywhere in the country I live in.
 
Old 05-12-2019, 10:00 PM
 
395 posts, read 70,221 times
Reputation: 443
Short term pain for long term gain.

Lib peasants don’t understand...but even they will eventually benefit.
 
Old 05-12-2019, 10:10 PM
Status: "North of Palm Trees, South of High Taxes" (set 9 days ago)
 
Location: Noth Caccalacca
5,605 posts, read 6,696,297 times
Reputation: 4916
Everything will be made in India in a couple of years. India will be the new China. No big changes to U.S.manufacturing are going to occur. iPhones will not be made in California. We'll just have another low-cost country make our stuff.
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