3 minutes ago, jsdarkstar said:

Trump's America.,

don't worry, he'll use tariff money to fix all of that.

53 minutes ago, dawkins4prez said:

It would be awesome to engage in a conversation about the effectiveness and merits of tariffs, but that's impossible with someone who refuses to acknowledge the most elementary principles of how they work. hasn't learned to tie a pair of shoes let alone how tariffs work.

fyp

53 minutes ago, dawkins4prez said:

he gets it

10 minutes ago, Alpha_TATEr said:

don't worry, he'll use tariff money to fix all of that.

More like, line his own and his billionaire pals, pockets.

1 hour ago, DEagle7 said:

There is ZERO evidence to support foreign exporters eating 90% of the cost of the current tariffs dude c'mon.

Literally from the link you just posted:

Historically, economists have found that foreign firms absorbed some of the burden of tariffs by lowering their prices, resulting in a combination of foreign businesses and domestic firms and consumers sharing the burden of tariffs. In contrast to past studies, however, recent studies have found the Trump tariffs were passed almost entirely through to US firms or final consumers.

• Economists Pablo Fajgelbaum, Pinelopi Goldberg, Patrick Kennedy, and Amit Khandelwal examinedthe tariffs on washing machines, solar panels, aluminum, steel, and goods from the European Union and China imposed in 2018 and 2019. They found that US firms and final consumers bore the entire burden of tariffs and estimated a net loss to the US economy of $16 billion annually, including more than $114 billion in losses to firms and consumers, offset by small gains to protected producers and revenue gains to the government.

• Economists Mary Amiti, Stephen J. Redding, and David E. Weinstein found nearly complete pass-throughfor the tariffs, noting that "US tariffs continue to be almost entirely borne by US firms and consumers.” Some differences emerged across product types. For instance, for steel, the authors found that an initial pass-through of 100 percent fell to 50 percent a year after the tariff was applied. Foreign exporters—mostly in the European Union, South Korea, and Japan—lowered their steel prices somewhat, but US firms and consumers still paid higher prices than they would have without the tariffs.

• A recent United States International Trade Commission (USITC) report also confirmed near complete pass-through to import prices. USITC found that imported steel and aluminum prices rose by 22 percent and 8 percent, respectively, following the tariffs. For China 301 tariffs, US importers absorbed the costs of the tariffs through a combination of less favorable margins for sellers and higher prices for consumers or downstream buyers.

• Researchby economists Aaron Flaaen, Ali Hortaçsu, and Felix Tintelnot found washing machine prices increased by about $86 per unit in the months following tariffs—and dryer prices increased too, by $92 per unit, even though dryers were not subject to the tariffs. Other research has also supported the finding. 

• Economists Sebastien Houde and Wenjun Wang found that a $1 increase in tariffs on solar panels increased the final price of an installed solar panel system by $1.34. As the authors noted, “[m]anufacturers and installers thus over-shift the burden of the trade tariffs on US consumer.” Over-shifting can occur when domestic firms have "market power,” which enables them to raise prices above costs and increase profits.

You quoted the first sentence and ignored the "but" 🤣

You guys are legit beating up the retarded kid

1 hour ago, DEagle7 said:

ITS YOUR LINK DUMBARSE

You're trying to argue against your own posted data.

But sure go ahead and post where Goldman says "up to 90%" (your words) of the current tariffs are being eaten by foreign exporters via price reductions. Please note, it's advisable to actually read the link before posting this time. Wouldn't want to look like an idiot again

1 hour ago, Diehardfan said:

Part of it yeah.

My God you're a moron.

Just now, barho said:

My God you're a moron.

😂 the mentally ill people in here love projecting. I love it.

Just now, Diehardfan said:

😂 the mentally ill people in here love projecting. I love it.

OK, but you do know you're an absolute idiot, yes? Just wanted to clarify.

1 minute ago, Diehardfan said:

😂 the mentally ill people in here love projecting. I love it.

We all read the exchange, the projection schtick doesnt apply here, Squirt.

2 minutes ago, Boogyman said:

We all read the exchange, the projection schtick doesnt apply here, Squirt.

He thinks he won that argument.

2 minutes ago, Boogyman said:

We all read the exchange, the projection schtick doesnt apply here, Squirt.

Sure it does. You all are in a mentally ill TDS camp. Not all tariffs are passed on. I love them being enacted and I think they will work. That's it.

Just now, Paul852 said:

He thinks he won that argument.

There is no winning. Only losers like WGB try to own people here. You aren't far behind

1 minute ago, Diehardfan said:

There is no winning. Only losers like WGB try to own people here. You aren't far behind

You owned yourself....badly

The notice to Congress, which was deemed controlled but unclassified information, cites a statute requiring reports to lawmakers about hostilities involving U.S. armed forces. It repeats the administration’s earlier arguments but also goes further with new claims, including portraying the U.S. military’s attacks on boats to be part of a sustained, active conflict rather than isolated acts of claimed self-defense.

Specifically, it says that Mr. Trump has "determined” that cartels engaged in smuggling drugs are "nonstate armed groups” whose actions "constitute an armed attack against the United States.” And it cites a term from international law — a "noninternational armed conflict” — that refers to a war with a nonstate actor.

"Based upon the cumulative effects of these hostile acts against the citizens and interests of the United States and friendly foreign nations, the president determined that the United States is in a noninternational armed conflict with these designated terrorist organizations,” the notice said.

The notice to Congress also justified the most recent publicly disclosed attack on a boat — in which U.S. Special Operations Forces killed all three people about the vessel on Sept. 15 — by calling the crew "unlawful combatants,” as if they were soldiers on a battlefield.

"The vessel was assessed by the U.S. intelligence community to be affiliated with a designated terrorist organization and, at the time, engaged in trafficking illicit drugs, which could ultimately be used to kill Americans,” the notice said. "This strike resulted in the destruction of the vessel, the illicit narcotics, and the death of approximately three unlawful combatants.”

The notice to Congress did not specifically name any of the drug cartels with which Mr. Trump claims the United States is engaged in an armed conflict. It also did not specify any standards the administration is using to determine whether particular suspects have sufficient links to such groups for the military to kill them.

Just now, Paul852 said:

You owned yourself....badly

No. Crazy monkeys who have TDS who are wrong and never see the 2+2 right on anything think they are right. All tariffs aren't passed on. Companies and counties don't want to lose our market. I'm not wrong about that. I also don't care if a bunch of people who have their Ds in each others asses want to disagree and celebrate and all jump in.

So circling back to Argentina I'm good with it. The more people here laugh and disagree the more I know I'm on the right side of it.

1 minute ago, Diehardfan said:

No. Crazy monkeys who have TDS who are wrong and never see the 2+2 right on anything think they are right. All tariffs aren't passed on. Companies and counties don't want to lose our market. I'm not wrong about that.

Not all but a lot. There are companies that have still taken the hit. Some have been outspoken that they will no longer do it though

Expecting them all to take the hit was a really really stupid idea from maga

I recall a story about a grocery store with a maga owner saying he's been taking the hit but he'll eventually have to pass it onto the customers

1 minute ago, Mike030270 said:

Not all but a lot. There are companies that have still taken the hit. Some have been outspoken that they will no longer do it though

Expecting them all to take the hit was a really really stupid idea from maga

I recall a story about a grocery store with a maga owner saying he's been taking the hit but he'll eventually have to pass it onto the customers

Some. Not all.

I went to buy a spitting axe from a Scandinavian company last week and they tried to add it on to the bill. I bought an American one. Oh well. There are benefits even when it happens

Guys, I'm very shocked that someone who still believes Haitians were eating pets in Ohio is unable to admit he has no ability to understand how tariffs work.

9 minutes ago, we_gotta_believe said:

See, that's where I disagree. Diehard, as we all have observed by now, is severely retarded. Like you can slowly walk him through and explain how 2 + 2 = 4, but it just doesn't register in his brain. He's literally incapable of learning even the most basic of concepts no matter how many times they're repeated to him. How he ever held a job for more than a week is one of the greatest mysteries of our time.

I guess that's always been Trump's superpower; he never, ever overestimates the intelligence of his followers. No matter how unbelievably stupid you think they are, Trump knows they are even dumber than that.

9 minutes ago, Diehardfan said:

No. Crazy monkeys who have TDS who are wrong and never see the 2+2 right on anything think they are right. All tariffs aren't passed on. Companies and counties don't want to lose our market. I'm not wrong about that.

All tariffs are paid by the importer. There is no debate about that. Even if you try to argue the exporter lowers the price of their goods the 125% tariff is still applied on the importer.

Americans are paying the tariffs and prices are going up....a lot. There's really no argument to the contrary. Sorry.

1 minute ago, Paul852 said:

All tariffs are paid by the importer. There is no debate about that. Even if you try to argue the exporter lowers the price of their goods the 125% tariff is still applied on the importer.

Americans are paying the tariffs and prices are going up....a lot. There's really no argument to the contrary. Sorry.

And some have absorbed them in the past and some continue to. We agree many overseas things are starting to be and that will grow. It's a process that I trust and believe the benefits are worth it long-term.

1 minute ago, Diehardfan said:

It's a process that I trust and believe the benefits are worth it long-term.

You should have said that from the beginning instead of trying to pretend China is the one suffering the most right now.

2 minutes ago, Diehardfan said:

And some have absorbed them in the past and some continue to. We agree many overseas things are starting to be and that will grow. It's a process that I trust and believe the benefits are worth it long-term.

Cool. That's not to be conflated with the cold hard fact that every red cent collected from tariffs comes from US companies and consumers. Every red cent. And Trump straight up lies about that fact every single day.