• Red_October@lemmy.world
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      10 months ago

      The catch is that the ones who don’t understand always, ALWAYS think it’s the other country that pays the tariff. Every time.

      • markovs_gun@lemmy.world
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        10 months ago

        The dumb thing is that it doesn’t matter who pays the tariff, it still will get passed to the consumer. Consider a scenario where the government starts taxing Amazon $100 per order no matter what’s in it. If you buy a $10 item on Amazon, how are they going to pay the $100 tax on that? Amazon will just add a $100 tax fee to your order because they can’t keep running a business if that cost isn’t baked into the final price. It doesn’t matter who actually delivers money to the government, the tax gets paid by all parties involved.

        FYI, sales tax is already done this way. Sales tax is collected from businesses, not customers, but customers still pay sales tax because that’s just how economics works.

        • Red_October@lemmy.world
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          10 months ago

          Right, you and I get that, my point is that the people who are confused why their tariff-impacted goods cost more don’t get that. They think the other country pays it, full stop.

      • Szyler@lemmy.world
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        10 months ago

        Well, that’s exactly what Trump said would happen, so why would they think otherwise?

      • magic_lobster_party@fedia.io
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        10 months ago

        Even if that’s true the price would still increase. The exporting country would just charge extra to make up the difference. It’s not like they would just absorb the extra cost by pure goodwill for the oh so poor American people.

  • MyOpinion@lemm.ee
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    10 months ago

    Your president is an idiot that is why your being charged more MAGAt.

  • JackbyDev@programming.dev
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    10 months ago

    What’s annoying and nobody seems to grasp is that even if the tax was on the foreign producer instead of the domestic consumer, the end result would be the same thing. They wouldn’t just eat the cost lol.

    • AstridWipenaugh@lemmy.world
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      10 months ago

      This becomes so obvious when the tariff is over 100%. The supplier is obviously not paying 125% of the sale price in taxes.

  • OhVenus_Baby@lemmy.ml
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    10 months ago

    You don’t pay the import tax if you buy goods from within the country.

    The goal seems to be to drive sales to American businesses with American goods. Until it’s cheaper to buy American goods than it is to buy Chinese goods. Reversing the roles.

    • RaskolnikovsAxe@lemmy.ca
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      10 months ago

      Yeah but you need to have some sort of industrial policy in place as well - to build infrastructure and subsidize onshoring. He’s doing the opposite. He even cancelled the CHIPS Act, which was aimed at onshoring semiconductor production. No company is going to open manufacturing facilities in the US under this enormous economic volatility and without any government help to get started.

      He’s an abject fucking moron who, I’m convinced, is trying to reset wages and create a class of low paid wage slaves while funeling huge amounts of money to the wealthy. He’s certainly going to cause stagflation and astronomical wealth inequality. If he succeeds fucking with interest rates he may cause hyperinflation. If the US loses global reserve currency status, they are proper fucked.

      At this point, it can only end one way. Even if he’s out of the picture, the damage he’s done will last for a generation at least. He may have already torpedoed US economic superpower status.

    • Saryn@lemmy.world
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      10 months ago

      Of course you pay it - just not directly - because there is basically no good from “within the country” whose inputs are not affected by the tarrifs.

      The idea that the US is suddenly gonna massively ramp up its production of coffee, electric machinery, shoes and other products that are produced by countries with a massive competetive advantage is just ridiculous.

      • grrgyle@slrpnk.net
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        10 months ago

        Also don’t forget greed!

        There are going to be so many business raising their prices across the board (“you know, because of tariffs, we have no choice”), like the greedflation you saw during the worst of the pandemic (“supply lines! Everyone’s hurting”).

        Some of it is genuinely to offset the cost of tariffs (fair), others will be trying to keep steady income levels in a cooling consumer economy (less fair), and yet others will be just an excuse to extract more profit from consumers (these are the bad guys).

    • Decoy321@lemmy.world
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      10 months ago

      That’s the face value goal, if they were being honest and following classical economics. It’s entirely moot when tariffs are put on goods that can’t sufficiently be brought stateside.

      For example, coffee and chocolate.

      • Abnorc@lemm.ee
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        10 months ago

        Yeah shifting production to the US is much more complicated than just making it more expensive to import things. Even when it’s on goods that can be produced here, I’m skeptical that any of these tariffs will result in increased production here.

        • Ledericas@lemm.ee
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          10 months ago

          all you need to do is look at events like brexit, the companies just abandoned the UK and moved to europe. i suspect that will happen with some of the companies.

    • sfu@lemm.ee
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      10 months ago

      That is the goal. But, he is also targeting countries that already put tariffs on things we ship to them. So, its also to try and put an end to that.

      • michaelmrose@lemmy.world
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        10 months ago

        The reciprocal tarifs aren’t. He mostly calls trade deficits other countries changing us which it isnt and uses that to compute the rates.

  • Deceptichum@quokk.au
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    10 months ago

    2d means lots of times for replies, I want to see what he said when it was explained to him.

        • voracitude@lemmy.world
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          10 months ago

          Can vouch they exist… My dad is similar. Though, he’d come up with an explanation that the business is doing it to make Trump look bad so it must be the evil DEI left wing CEO (he won’t verify any of it, that will just become his narrative), or something along those lines.

        • sp3ctr4l@lemmy.zip
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          10 months ago

          One third of Americans, about 100 million people, are in fact this stupid.

          This is (one of) the real horror(s) of fascism:

          It forms a cult of personality.

          As in, a literal cult, a ‘Dear Leader can do no wrong’, honest to god, utterly delusional cult.

          Just go check all the polls of people who still specifically support Trump’s tariff policy.

          Combine that with the fact that 20% of the US is functionally illiterate (reading/writing skills of a 2nd grader or worse), and the average literacy level is between a 5th and 6th grader, meaning that next 30% of people are… just barely out of elementary school when it comes to literacy.

          Those numbers are for US adults 18 or older btw.

          As other commenters have mentioned, I too have multiple family members I have had to go no contact with in the last few years because they are in the MAGA cult, are incredibly aggressive, delusional, manipulativr, etc.

          In my case specifically, my Dad fell all the way down the QAnon rabbit hole, and the last time I was with him in person, he was showing me how he manufactures ghost guns (no serial numbers) in his garage with some vintage machining tools.

          In a sane world he would be on a red flag list as a potential domestic terrorist.

          In the actual world he is just a retiree with a hobby.

        • Zink@programming.dev
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          10 months ago

          I too struggle to believe it is possible, but I also know from direct observation that it is not only real but widespread.

          This is Poe’s Law that you’re running into, where parodies of extreme views become indistinguishable from the real thing because the real thing is so ridiculous. So even if this specific example was fabricated by some random internet person, the same thought process works for millions of Americans.

  • RejZoR@lemmy.ml
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    10 months ago

    Because it’s very hard to search online for “how tariffs work”. This is why Trump got elected, because idiots like this who have no capacity to fact check things voted for him, no questions asked.

    To make answer short, YOU pay the tariffs dummy. You do!

    • SkunkWorkz@lemmy.world
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      10 months ago

      It’s not even because it’s hard to search, they lack the capacity to think critically. Even if they were smart enough to do a google search on the workings of tariffs, they still wouldn’t do it. They take everything they see on their feed and Newsmax at face value.

    • MuskyMelon@lemmy.world
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      10 months ago

      DID YOU DO YOUR RESEARCH?

      I DID MY RESEARCH.

      GO DO YOUR RESEARCH.

      OH MY RESEARCH IS BETTER THAN YOUR RESEARCH THAT’S WHY.

  • notsure@fedia.io
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    10 months ago

    …for millenia there has been an axiom, a truism, if you will, that has persisted among the many, and applied to very few…“you cannot fix stupid”

  • rtxn@lemmy.world
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    10 months ago

    Tariffs are paid by the company that imports foreign-made goods to the government. To make up for that expense, they charge the retailer the same amount; and to make up for that expense, the retailer charges the customer the same (or a higher) amount added to the item’s price. (at least as I understand it)

    If OOP is “100% Trump!”, they should be very, extremely happy about paying into THEIR President’s pockets.

    • Viking_Hippie@lemmy.dbzer0.com
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      10 months ago

      You’re right, except for how early in the process the profiteering starts.

      Every single company involved will exploit the situation to add extra on top of the tariffs themselves.

      Because the already broken (in the 80s if not earlier and progressively worse ever since) system not only allows them to, but ENCOURAGES fleecing people as much as possible to maximize profits for shareholders.

  • Rentlar@lemmy.ca
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    10 months ago

    I would be short and concise, and just for this person add a sprinkle of personal responsibility:

    Trump taxed you because you bought something un-American.

  • El_Azulito@lemmy.world
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    10 months ago

    If an entire cult is too fucking stupid to recognize what’s hurting them, then how the fuck could tariffs be MAGA’s death knell like some people are saying? You could literally douse some of these people in gasoline and tell them, ‘I need you to burn for just a couple seconds for Trump,’ and they’d fucking do it.

    I saw some asshole in an interview saying, “Sometimes you gotta walk through the fire first.”

    Like…Yeah? Maybe. Just don’t start by lighting yourself the fuck on fire. 😕🔫

    • Snowclone@lemmy.world
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      10 months ago

      People were all ‘Dave portnoy is talking about losing money!’’ Yeah well, if you look into it, he still 100% supports Trump.

      • sin_free_for_00_days@sopuli.xyz
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        10 months ago

        I think I’ve finally seen Dave enough times before Portnoy to stop the “I’ve read he is a great drummer…I’m not a fan of prog rock at all…why is he being mentioned” repeat that was going on every time I read the name.

    • Critical_Thinker@lemm.ee
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      10 months ago

      tariffs can and will be the death knell if he comes back to those original rates.

      No real effects from tariffs have happened yet across the board so the impact isn’t truely felt. Even chinese imports don’t have the tariffs yet because it’s only goods that were on boats after it took effect.

      We won’t see the downstream impact of even 10% tariffs for months. It won’t be until sales slump that people start getting fired and then sales will get even worse…

      • barneypiccolo@lemm.ee
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        10 months ago

        There have already been plenty of real effects from HitlerPig’s tariffs, just not the financial ones. This latest tariff scam, the third one in three months, has eroded the confidence, respect, and trust of the entire world, and it will be YEARS before it returns, if ever.

        • Critical_Thinker@lemm.ee
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          10 months ago

          Yes, but it takes time for people here to realize the effects of that.

          Less travel to the US? Well we’ll start seeing layoffs in holiday destinations… but probably not that hard, yet. As things continue to decline and prices increase it will get worse, and worse, and worse.

          Most of this stuff takes time to ramp up is my point. We still haven’t seen the effects of deporting hundreds of thousands to millions of immigrants in legal status before being arbitrarily revoked, and that will absolutely cause some major issues in all kinds of places. They were paying tens of billions of dollars in taxes per year based on 2022 data and getting no benefits from it. Even the immigration process is not free, you pay for all the workers who touch your case with all the fees involved. I know, my wife is living that. We’re not talking about our lawyer either, literally the filing fees paid to the US.

    • CalipherJones@lemmy.world
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      10 months ago

      It took Nazis months in Stalingrad to realize Hitler didn’t give a fuck about them. Shit, a lot of them probably died out there in the snow and ice thinking they were doing a great job for him.

  • Lovable Sidekick@lemmy.world
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    10 months ago

    In other words, Brandon has no fucking idea what “tariff” means, except it must be good cuz Daddy says so.

    • smeenz@lemmy.nz
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      10 months ago

      I wish the US media would call tariffs “import taxes”, as that terminology seems to be generally better understood by the public.

      • ghen@sh.itjust.works
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        10 months ago

        Then they’d blame the liberals for adding a new tax when all Trump wants is tariffs.

      • Edgarallenpwn@midwest.social
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        10 months ago

        Yesterday I type “what” into my search engine and within the top 5 was “what is a tariff”. Import tax would make too much sense and people wouldn’t stand behind it if it was referred to as such.

        I get that tariff is the correct word and I understand what they are, but I am sure people like my dipshit cousins had no clue until a few days ago.

      • This is fine🔥🐶☕🔥@lemmy.worldOP
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        10 months ago

        Someone on reddit (from where I stole this pic) said ‘Trump thinks tariffs are like tributes’ and I think that’s a perfect analysis of Trump’s mentality.

        • ulterno@programming.dev
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          10 months ago

          Isn’t that correct though?

          Whenever someone does something, they need to pay tribute to Trump. So, it’s like tribute to him.

        • MisterFrog@lemmy.world
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          10 months ago

          Tributes are still a thing. See Australia “buying” $300bn submarines from the US.

          So I can somewhat understand why Trump thought this is what tariffs are haha

          (My grumble, you’re not wrong)

  • Match!!@pawb.social
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    10 months ago

    i wish it was less embarrassing to be wrong so that people like this wouldn’t feel compelled to (checks notes) do whatever comes after octuple down