“Did I miss something?”
No, you intentionally avoided listening to what we were telling you.
If Mangolini weren’t such an idiot, he wouldn’t have revoked the de minimus exemption (meaning orders under $800 were exempt from the tariffs), then his rube followers would never have noticed anything.
Except for all the infrastructure inflation they’ll pay for indirectly.
That blame is easily shifted because the Republicans just let infrastructure crumble and keep the same budget. When dems up the taxes to pay for the infrastructure its clearly their fault.
someone on reddit mentioned that it would be “beneficial” for the gop to have several elecitons, because it will show them how bad it is if dems arnt around to clean up the mess every other election, JUST MAYBE we might see some change. it is the case in kentucky i believed where the gop did such a bad job/the r GOV did they dint want another one to completely trash the state, so they needed a scapegoat.
In Texas the Republicans have been running the state for 30 years, and still every election ad from Republicans is that only the Republicans can save us from the hell scape the Democrats have made of Texas.
I give it 2 years before they have rolling blackouts daily. The grid is already struggling and they are not making it better.
without the 4 blue counties propping up the state which they butchered, it would instantly collapsed already.
I’m not totally convinced that a huge swath of trump voters ever heard any alternatives to the propaganda that lead them to believe tariffs=good. Like i imagine a ton of them are structurally isolated from hearing alternatives the way social media and television works
One mistake Temu is making is showing it as “Import fees”. That’s correct of course, but they should label it specifically as “Import tariffs” or “Tariffs”, so that it’s clear what this is. From the comments in the linked reddit threads, a lot of people just think they’re extra fees Temu is voluntarily putting on as retaliation, their brains still aren’t making the link between “import fees” and “trump’s tariffs on China”.
Digikey an electronics parts site has it listed on their stuff now.
Same with Mouser. They have for a few weeks now.
Definitely needs to be “Trump’s tariff” to be clear.
Trump Tariff Tax would be even better.
This has abbreviation potential. “Have you paid the TTT on this?”.
Did you stutter?
Yeah maybe when spoken aloud we can use “triple T” instead haha.
There are some brave businesses around here that have started posting signs.
“Due to tariffs, we’ve had to raise our prices.”
I’m in the Deep South, I bet by end of week I see a place charging “Fuck China” surcharges.
import tax
“Trump Tariff”
Americans are dumb as fuck
Sigh, Its worse than that. Most of us are lazy. Lazy with their thoughts and how they learn new information. By the time they notice how bad they have it wrong you want to slap them. Of course most of them will blame anyone but themselves for their problems.
We don’t have that on lock, dipshit. Look around you, the entire world is fucking up royally. We just happen to be one of the biggest shitshows going.
The fact that you treat Americans like a monolith shows that you’re dumb as fuck too.
I mean. Many countries are still resisting to the right-wing authoritarian push. Canada for example. Americans democratically elected dt, even after he tried to overturn the government and explicitly stated that he would be a dictator. I don’t think that would have been possible in any other country. So yeah, in a sens, Americans are dumb af. Now if you want to make it semantic question, I guess he should have written " a majority" of Americans “electors” are dumb, but it’s kind of implicit IMO. Kind of like saying dogs likes to run, obviously there’s probably some that don’t like to run, but the majority does.
Yeah, he made a huge mistake.
Its merely that most Americans are dumb as fuck.
I think lead poisoning is epidemic in America. Decades of no money being spent on infrastructure will do that.
Yeah, I dunno broseph. Lots of other first world countries have things like universal healthcare, paternity leave, significant and mandatory vacation, longer lifespans, generally higher quality of life and happiness, politics that aren’t straight up clown shows, more human rights.
You’ve successfully nailed an obvious generalization that there are stupid people everywhere, but the point is that stupidity is hyper-concentrated in the good ol’ US of A. As is evident.
No one was arguing that, stay on point. I KNOW and most democrats do about the fucking shitshow that is our government’s treatment of its people.
I’m devastated by my country and will die in feeling. So again, you’re an obvious idiot as well.
Also, bro, women exist online. I know, shocker.
oh boy, you really showed them!
America, as a nation, is unarguably fucking stupid. The rest of the world has been overly influenced by America, due to it’s wealth and power, for a very long time. We used to say that when America sneezes, the rest of the world catches a cold. Recent events have seen a great decoupling of the world from America. We’ve seen that the American way is utterly fucked. America is the turd that is sinking whilst the rest of the world will get more buoyant as the new reality sinks in.
Just accept it. We have free healthcare for 50 years.
Who TF is talking g about Healthcare? I love how so many people keep hitting that. MOST OF US KNOW YOU STUPID TWAT. However, millions and millions of us donating money, fighting, and marching can’t fight against the RICHEST MAN ON THE PLANET.
He’s coming for your country too. Can’t wait.
Because you think health not matter, it just prove 'murica short seeing.
The rest of the world too. Americans are just louder and prouder about stupidity.
That is objectively false. Other countries are far more educated.
Don’t mistake education for intelligence.
Trump has a degree from Wharton.
Correction: Trump’s father BOUGHT a degree from Wharton.
No one who actually earned a college degree, especially from a notable college, speaks and acts and makes mistakes like Donald Trump.
I’m sure Wharton educated trump. Whether any of it mattered… Well that’s the difference between education and intelligence…
I wouldn’t be sure. His professor from Wharton said he was the “dumbest fucking student he’s ever had”
Well that’s the difference between education and intelligence…
Literally right there.
Americans didn’t realize 1/3 lb burger is bigger than a 1/4 lb burger…
There’s also the time JCPenney’s actually had everything at the best price and so they weren’t doing discounts. But everyone was waiting for the ‘sales’. Your average American would rather have something be marked up $200 and then listed as 75% off than just pay $50 regular price.
Americans would work as a dishwasher and believe it’s the American dream.
This is by design. Decades of eroding education and critical thinking have produced a populace that is highly ignorant and extremely easy to manipulate.
There is a reason why attacking education is the first thing any right-wing government does.
Indeed, add in all the religious meddling in educational curriculum and you’ve got a recipie for an ignorant population.
And depending on how that SCOTUS ruling goes on religious charter schools…it might accelerate.
Amongst wealthy countries, the US scores above average in science and reading comprehension, and are only really showing lag in mathematics. In terms of critical thinking, this has been a baked-in element of the curriculum, that was intentionally baked-in, for a long time now. Most countries are this way, and those that have dedicated time to specifically critical thinking, as its own subject, are relatively new, and not many do it, in primary education, yet. So this means the US is not unique in how poorly students are taught critical thinking, amongst countries with similar levels of resources.
Also, baby boomers demonstrated a lower level of critical thinking skills, than kids do today, they also show sharper cognitive decline, earlier in life, than X, and millennials have been. So is it that the conservatives have been trying to disassemble the public school system, to move funds to privatized education, thus eroding the common access to education? If so, why does the US actually score well compared to its peers? Why is it that the oldest common generation is actually the worst of the common generations, still alive, for things like critical thinking, and cognitive decline?
So there is some other factor(s) that make the US seem to stand out on this issue, amongst peers. Could it be US media specifically empowering the voice of morons, because outrage drives viewership, and profit is the only goal to US news/media companies? Is it that the elites within the conservative party have redesigned their entire party structure, and playbook, to empower morons, because morons vote for them more often than not? Is it a combination of these factors, and others, that have been shaping the US in this fashion? Could this be why we have been seeing greater, and greater, pushes from political influence groups, in other countries, that have ties to US wealth? Things like dismantling the NHS, establishing US style media as the dominant party in places like europe (murdoch family owned outlets getting larger pieces of the pie, and pushing sentiment to dismantle not for profit sources, like the BBC, and NPR/PBS, for example), far right parties, trump cocksuckers, putin cocksuckers, etc. have been on the rise for past ten plus years? Could it also be that people are growing increasingly disaffected with capitalism, and there are a lot of people lashing out, lacking understanding of what is causing life to be more difficult, and reaching out, in desperation, to anyone who sounds different from those who got us here, even if it should be obvious those people would likely make these specific issues worse? Is it that these things are also compounded with a growing desire, amongst the growing disproportionately wealthy set, to push all the bad aspects of societal structure, to hasten its collapse, and then swoop in to take over directly?
IMHO it is all of the factors in the previous paragraph, and others I haven’t bothered to bring up, and not so much the education system, at least not yet. Sorry for the word vomiting in this post.
You missed lead poisoning. I believe that’s epidemic in America…
Yes the lead is one of the many issues i didn’t get into, it is on the decline though. However, microplastics is the new lead. We know it affects the endocrine system, as of yet, though, we do not know how, or what the effects will be. Point being, blaming this behavior on education isn’t shooting at the right target, and there are so many targets.
Sure, but microplastics is a world wide issue. Lead, not so much. And here, we were discussing why America, in particular, is so goddam stupid.
I don’t think these factors are specifically unique to the US, some more than other. I think a lot of the environmental stuff you can see in many places, lead is not just a problem in the US, we are just more talkative about it.
https://www.cgdev.org/publication/combatting-hidden-epidemic-lead-poisoning-ideas-eu
Oh, definitively not. I’m not even 30, and I remember that NY dad’s car from when I was a kid needed a special additive to replace the lead, because that had been banned since he bought it
Doesn’t help that a whole lot of idiots also think it’s somehow very clever of them to “rise above” it all by acting like it’s “both sides”. This is what passes (for a special kind of smug idiot) for political acumen.
Of course, the “liberal media” harps on the “both sides” thing all the freaking time. Which is why I find it mighty curious that a lot of supposed “leftists” take up that mantra, too.
*Rightists.
Right wingers are the only people I hear the “both sides” mantra from. I don’t know what media you’re consuming, but you got it ass backwards.
The bullshit “liberal media” does the “both sides” thing all the freaking time.
And I’m talking about an awful lot of supposed leftists on places like Lemmy that do things like “but Biden’s economy was actually BAD!” and so on. I could go on for other examples…now, whether I believe most of them are actual leftists, I dunno…
That example is not leftists, no matter what they claim. It’s like a lot of “Independent” voters are just too embarrassed to own up to what they really are. “Leftists” or what we call Dems, are more likely to accept their L’s and don’t harbor proven criminals. No Dem was crying when Senator Mendenez was caught, and most believe he deserves whatever punishment he has earned. If they spout republican talking points, and whine like little children, claim their losses were “stolen”, etc then they’re rightists.
The thing I hear occasionally and that I actually agree with is that from an outsiders’ perspective, the US has a right wing party and a far-right party.
You must be new to lemmy
Yup.
Gonna spend the rest of my life knowing I’m surrounded by fucking morons. And I’m not some genius. I had a typical public education. I guess the difference is I actually paid attention.
Not a great feeling. Especially since that probably means things aren’t generally gonna get better. Can’t have a good society if it’s overflowing with dipshits.
What’s the George Carlin quote? Something about how stupid the most average person you know is, then realize that 50% of people are dumber than that?
Yeah that’s the bit pretty much word-for-word
Gonna spend the rest of my life knowing I’m surrounded by fucking morons. And I’m not some genius. I had a typical public education. I guess the difference is I actually paid attention.
Yep, I’m smart enough to know I’m not that smart. But I can at least look around me and go “This isn’t normal, right?”
It’s a weird fucking curse to have. Smarter than the average American due to the decades of under-funding the education system. I know how to use a computer more than boomers and younger people stuck using machines locked down by corporations.
Ask me to do a math question higher than high school level? I’m going to flounder. You ask me who was president in 1890 without looking it up, I probably know it. And I know that’s not exactly a flex, it’s probably overall better to know more advanced math than trivia, but it’s just how my brain works.
And yet I’m still smarter than Trump and his cultists.
This post resonates very muchly with me.
I’m in the same boat as you. I think I’m pretty middle of the pack. The bottom is filled with genuine morons.
I think you’re misconstruing hate with stupidity. Many are more hateful than dumb.
hate and stupidity go hand in hand
I always knew this based on education standards/testing, but I wasn’t thinking we were a special needs country. All that revolution and democracy and hundreds of years of success and growth and then we just shoot ourselves in the face.
But hey, at least we got… to own the libs?
It’s only just begun. Wait until there are empty shelves at Wal-Mart. MAGA is going to have to work overtime to blame it on Biden.
It’s not hard work. They just blame Biden. When you’re lying, and everyone knows you’re lying, then there’s no reason to put effort into the lie. If that doesn’t catch on, they’ll blame someone else. Zelensky or Xi, or they can always Blame Canada.
Blame Canada you say? Oh my god…South Park Movie predicted this…
“We must blame them and cause a fuss before somebody thinks of blaming us”
“it’s not even a real country anywaaayyy.”
“Shut your fucking face, uncle fucker”
We must blame them and cause a fuss
Before somebody thinks of blaming us!
Hunter Biden’s laptop and Hillary Clinton’s emails
The working overtime part is just so they can continue to feed themselves while they blame Biden.
The local shipping port was empty yesterday. The last time I saw it that empty was during covid. It is genuinely frightening.
Hehe but there’s no freight.
Doesn’t matter who they blame… blame won’t fill the shelves.
walmart, the magats go-to for stores.
Yes. They missed the part where they specifically and repeatedly said they were going to do this. Because American voters evidently have the cognitive skills of a fucking sea sponge.
Hey, man, don’t insult the sea sponge.
SpongeBob.
A sea sponge at least absorbs something.
It also doesn’t fuck up life for everyone else on the planet, which is a boon.
Because
AmericanTrump voters evidently have the cognitive skills of a fucking sea sponge.FTFU.
No the non-voters are just as responsible for this mess.
And some of the Democratic voters might actually approve of them waving little round signs around while they vote for Republican bills and confirm Republican nominations.
The percentage of Americans who are above sea sponge levels seems to be vanishingly small.
Unfortunately the Trump virus has infected other countries too. I’m really proud of Canada for not following us.
Oh we still have a major fight on our hands. It was a very close outcome and only happened because we burned our number 3 and 4 parties to the ground to make it happen. That isn’t really a win. It only buys a little time to get our shit together before this happens again.
My sister voted for Trump, only learned after the fact, because of “the inflation” so I asked her how she tough the tariffs would help on that. Her answer? “What do you mean, what are tariffs?” A little too late I send her a youtube video about Tariffs and Trump and she was like wtf. She lives in California, so it’s not like she helped him win, but I’m going to keep a tab on her before elections.
This is what the democratic party has to learn. Your sister is a sizable representation of the electorate. They have no goddamn idea how anything works. They voted purely based on vibes. You have to capture the terminally unengaged and uninformed voters if you want to be able to stay in power.
Yup.
In America you have to lie, or at the very least dangle shiny things in front of idiots, to win an election.
Sucks, but it’s the truth. Talking about actually policy is out of most fool’s wheelhouses. Gotta appeal to their simple feelings.
She sounds like a single issue voter.
Thats really the biggest problem. People not looking at the whole candidate.
Single issue voters at least purport to understand their pet issue…
Voting by “vibe”. No critical thinking, and even less empathy.
Ah, because of the famous inflation dial in the US president’s office which Biden kept cranked up for shits and giggles. Well known fact.
The inflation which was most likely due to Trump’s bungled handling of COVID…
The attention span of the average voter is short than that of a goldfish.
its low information voters that mostly voted for him besides the incels/joe roegan people.
How do these people function in daily life? It’s baffling.
Cheap debt.
Not anymore.
deleted by creator
Donald J Trump is a liar, rapist, cheat and a lousy business man that has failed every single business, and Americans voted in this useless excuse for a human being to enforce facism, racism, and colonialism. Well done America.
and actively worked with russia since the 80s to undermine the USA.
You forgot sexism. There’s a non-zero amount of people who simply will never vote for a woman.
“Non zero” just doesn’t do justice to the sheer amount who won’t vote for a woman. Even among women voters.
I for one could never vote for a man to be president. Men are just too emotional to serve as leaders. Do you really want some roid-rage dude with his hands on the nuclear button? Please. Men are just too pigheaded, irrational, and obsessed with petty dominance issues to be trusted with real power. They’re like selfish little children. Can you imagine it, a male president? The very idea is laughable! Only someone who knows just how hard it is to birth and raise a child should be trusted with the power to direct the military to take lives. Only women can really grasp the real stakes involved. /s
sexism and racism, the reason people were giving for not voting her, is because “i dont like her, or she hasnt done anything” codewords for she was black and a woman.
He bankrupted a casino.
A FUCKING CASINO!
That’s like bankrupting a money printer.
He will probably manage to that too soon.
Multiple casinos.
I honestly hate that I know so much about this sad excuse for a human.
The Feds were on the trail of the Russian dirty money being laundered through it.
6 times bankruptcy! He’s so bad that after the last one, no western bank would work with him at all. That’s when he went to Russian oligarchs for cashflow, and the rest is history…
if trump had invested in a index fund of his inheritence he would be close to 100bn richer. now hes just prostituting to whoever is richer to give him some money.
6 times bankrupt, bankrupt casinos, 34 felony convictions, WWE Superstar, known Russian agent, coup leader, the list is extensive…but he was on TV a lot. He’s perfect. I want him.
Twice.
100% guaranteed these people are of two kinds: Trump voters and Conservative Libertarians
There are many articles on this, and even a book or two. Anyway, I thought you’d get a kick out of it. True fucking story man. Fucking libertarians. 🤦🏻♀️
What people in the US also need to realize is, that the rest of the world still enjoys more or less unchanged prices on these sites. It is only the US that has put tarrifs on them and it has only affected the American consumers
On the other hand, American products are getting more expensive everywhere else, because of the retaliational tarrifs by the usa.
So it is a double edged sword, but the US is holding it by it’s blade! With both hands!
was an article that EU is gonna get flooded by super cheap items now, china will sell at a loss. that is gonna take shares from US items even more, and US items was already overpriced and gonna become even more expensive.
its like triple loss for US. they need to lower US wages if they want be able to compete.
Been speed running a slave class with private prisons. I believe they are prepared.
China has more people willing to work for low wages than the US can find or make prisoners.
I’m aware of that. Not sure the dictator is though.
Until sellers start jacking prices up elsewhere in the world to make up for lost revenue from the American market
The American market is a massive part of some companies yes. But most companies only have a small percentage of revenue in the US.
Listen… the US is just one country. Its a big one and one that buys a lot. But still one country. Many companies can compensate the loss of that market by exploring the many other markets that they have down played. Furthermore, the availability of products that would have gone to the US may even make it cheaper to make and sell products everywhere else than in the US
That would be akin to death by sudoku
(Yes, I know it’s seppuku)
The US is screaming and holding a hot pan fresh out of the oven, but refusing to just set it down and use the fucking oven mits next time.
Meanwhile, other countries are watching this happen, but somehow having a relatively difficult time deciding if they maybe want to give it a try with their own government.
If you’re gonna be dumb, then you got to be tough
“I haven’t been keeping up with news or what’s going on!!! I have been ordering a lot this past month for my daughters wedding… did I miss something???”
I mean Jesus TapDancing Christ. You’ve not been aware of who the president is and what he is doing??? It’s not like tariffs haven’t been in the news at all. They (along with illegal renditions and other attacks on civil liberties) have been dominating the news cycles since January. I have never been one to ignore news, so even if quite busy with something in life I read headlines at the very least. It confounds me to know some folks ignore news willfully. Some even think of it like it’s some twisted badge of honor.
I know head-in-sand people exist, but I am dismayed, baffled and extremely disappointed that they still behave the same when the house is burning down around them. Especially when this ignorance is obviously present in a large block of people in the US.
Please wake the hell up everyone, the house is on fire! (I know I am preaching [venting] to the choir in this venue.)I’ve tried to severely limit my intake since the election and just taken in enough info to have a foundation for context, I don’t need to see 400 alliterations of some doom and gloom headline, but yes, even in this fairly limited scope I’m WELL aware of the tariffs. It’s absolutely willful to be this tuned out
Completely understandable to limit info for mental health reasons and I sometimes feel the same. This isn’t that obviously.
“Oh I don’t pay attention to politics.”
Guess what, politics pays fucking attention to you
politics pays fucking attention to you
What was that bullshit propaganda catch-phrase the right-wingers were spewing a while back, to bitch and moan that their abhorrent “values” of bigotry and hate were “under attack?” Oh yeah: “You Will Be Made to Care.”
As always, yet fucking again, it was pure projection.
Are you really that surprised? I regularly see people even on Lemmy talking about how much they wish they could disconnect from everything going on and live a quiet peaceful life in the country. That’s essentially what all these people have chosen; they have decided the world is too scary for them and they don’t want to process it anymore. Things will continue to get worse for them, and they won’t have any idea why.
Let’s talk about the moment Donald Trump blinked. It wasn’t loud. It wasn’t a tweetstorm or a rally rant. When the tariff threats that had the world on edge—125% on China, 25% on Canada’s autos, a global trade war in the making—suddenly softened. A “pause,” he called it. A complete turnaround from the chest-thumping of the past week. And the reason? Mark Carney and a slow, deliberate financial maneuver that most people didn’t even notice: the coordinated Treasury bond slow bleed. (https://lawandsocietymagazine.com/carneys-checkmate-how-canadas-quiet-bond-play-forced-trump-to-drop-tariffs/) This is Mark Carney. Thank you, fellow Canadians, for voting for the experienced Captain to man the helm in the rough waters ahead!
Thanks for that, really interesting article.
Found the fucking idiots who couldn’t be bothered to vote for Kamala.
Or that voted for donvict because “R”.
Retirement vanishing, social services being cut, tariffs destroying global trust and economy… It’s ok. It’s ok. Because Donald Trump doesn’t laugh. Kamala had a weird laugh. That would’ve been the end of us.
i hope every fucking 3rd party voter has to choose between rent and eating along with all the pridefully ignorant bumblefuck maga knuckledraggers
edit: LOL i love how the “vOtE 3rD pArTy!!!” chuds have literally nothing to say anymore–can only downvote.
“i DoNt WaNnA vOtE fOr GeNoCiDe!!!”
great job, fucko. now we have genocide in gaza AND in america
enjoy your fucking tariffs. and if you’re less than 100% white/male/straight/evangelical/republican, then enjoy all the things that go along with being “other” in a fascist state (hint: fucking genocide)
LOL i love how the “vOtE 3rD pArTy!!!” chuds have literally nothing to say anymore–can only downvote.
It’s equal parts hilarious and crushingly depressing. Every time I call out dipshit losers who didn’t vote or voted 3rd party, I get a slew of downvotes from said losers, but never a reply. They know they’re world class idiots, so all they can really do is downvote you.
Thing is, they’ll do the same thing again next time around because they’re not very smart and honestly believe “voting with their conscience” is more intelligent than voting for the candidate CLOSEST to their ideals that can ACTUALLY win, and, in some cases, prevent a MOTHERFUCKING AUTHORITARIAN from assuming power and crashing our economy and shitting on our Constitution, among other things.
Fun Fact: The 3rd party candidate with the most votes was magician Jill Stein, who magically appears right before every election, then magically disappears again afterward. She managed to nab a whole HALF OF A SINGLE PERCENT of the total votes cast. So there’s your proof that anyone voting 3rd party is a goddamn idiot.
I’ll say this once for those in the back. A 3rd party candidate cannot win, because no 3rd party has put in the work to get representatives elected in local/state elections, so they could eventually have ANY PRESENCE AT ALL in the House and Senate, so they’d actually have a chance to win a presidency. Lol, even if they somehow magically got a president in office, they would have NO ALLIES in either chamber of Congress to help them achieve their agenda.
Downvote me. They usually hurt my feelings, but the ones I get from dipshit loser non-voters and 3rd party voters enhance my libido.
10 years ago i was a lot dumber. i’m the first to admit: i voted jill stein because i didn’t care for hillary, but she was going to win. trump was a laughingstock joke even back then, and the polls and the hype around hillary bamboozled me. not that my vote would have changed it, but clearly a lot of people thought the same
that’s when i learned my fucking lesson about voting 3rd party. never. again.
“I know I support the murder of you and your people. But I’m still going to need you to vote for me, so that I can preserve democracy and the economy. You may not live to see it, but the rest of us will really appreciate it.”
I know some choices are hard, but my parents aren’t around to make them for me anymore, and voting takes so much effort. It doesn’t really matter anyway, both sides are exactly the same. I’ll just not vote and whomever wins, wins. This is America, I’ve got inalienable rights, so it won’t get that bad.
I learned inalienable rights weren’t inalienable when I got my first history lesson in 1st grade.
Gonna be honest with you. I care way more about the nation I live in and its democracy and my human rights and the human rights of the ones I love than I do about two nations on the other side of the planet continuing a fucking holy war that’s been going on all my life.
Apparently you do not.
P.S. Gaza is worse off under Trump. And he made it clear that would be the case before the election.
145% isn’t even accurate because that’s just on the cost of the good. You then have to figure in retailer margin, seller margin etc. Most MSRPs will be 300% of what they were to keep those the same as before.
Not really. If they keep the same % based on what it costs them, then it should increase by the same amount.
If they instead get the same amount (which would effectively mean reduce their margins) the final cost would be a bit less.
Happy to be corrected with some numerical example.
So if you see any price increase greater than the tariff amount, it’s plain corporate greed.
I think “corporate greed” is a good explanation for pretty much all our problems.
Given the effect on the climate due to pollution, even rain or lack of can be explained by corporate greed
BS If an item costs an extra $100 to put on a shelf, the retailer will still want to cover the costs of obtaining and spending that $100. No-one is going to use funds commercially, for free. WTF do you think retailers will be good keeping the same profit, numerically, whilst spending 145% more for it?
I always wonder what compels some people to make so little effort to understand what they are replying to, but make so much effort in proving they have no idea what they are replying to. Can you explain?
Obviously, you already know the answer.
Personally, I’ve always laughed at people who posit questions that they already know the answer to. Faux Intelligentsia.
Less if anything.
You buy something from China for $100. Add packing, staff costs and delivery and you sell it retail for say $200. A nice healthy profit margin.
Now you add the 145%, so it costs $245 from China. None of the rest of it will cost you more. Still an extra $100, for $345 total.
The retail customer pays an extra (345/200=) 72.5% instead.
It’s a lot, but not 145%.
So if your retail price goes up by 145% or more, they either weren’t making a lot of profit before, or they’re greedy bastards.
At the border you pay tariffs on all the costs up to that point, because they are all considered to be part of the value of the shipment as it crosses the border. So the price of good, plus the price of packaging (as far as it was packaged in China), plus the price of the freight shipping are tariffed together, which makes the result of the calculation a little worse, but fundamentally you’re right.
There are also non finished goods, like car components. Components from other tariff regions and US labor costs won’t have that much, but there finished product will have a price hike
I’m thinking more your staff, your shipping from your warehouse to your customers, your retail store and rent, etc.
Which all of course varies depending on the business you are. A small retail store would be affected much less by this than a much larger, more efficient operation that might not have retail locations at all.
It depends on if it is something like a powder that comes raw in a 200 lb jar and you package it yourself into small containers.
Yes, then you only pay tariff for the powder, for the big jar, and the transpacific shipping of the big jar. That’s what I meant by “as far as it was packaged in China”.
Learn to math. In your example 72.5% of the higher amount is the same as 145% of the smaller amount (cbf actually mathing it, but you obviously don’t grasp the concept of maths very well). Retailers will NOT be happy to make the same $100 profit, if they have to outlay 145% MORE cash to achieve it. Realistically, for many retailers, that extra 145% cash comes from an overdraft, and will have it’s own costs associated with it. No-one will use 2 1/2 times more cash to generate the same profit, and be happy with that. Another way to look at it. In your example, $100 item from China generates 100% of cost price, to sell at $200. If that same item now costs $245 but sells at $345 only, then the cost price generated is more like 40% (shipping/handling costs are excluded, for simplicity). Most businesses would lose their bankers if they take such a hit.
