7/29/2025

Trump is happy as long as he can collect tariffs aka more taxes

Trump is gloating about all the tariff successes. One question he and Scott Bessent dare not answer - Who are paying those tariffs?

Alright, there are agreements with Japan and now the EU, but who is going to pay for the 15% tariffs on imports from Japan and the EU? Not the Japanese or EU manufacturers. They are not going to eat the tariffs. The importers inside the USA are paying those tariffs to be passed on to USA consumers. The Hillbillies are paying for it, not the importers eventually. The importers will have to close shop if they are to absorb those tariffs. So, the question is still - Who are paying those tariffs? Simple question, but a very difficult question for Trump and Scott Bessent to answer. It is just fortunate for them that the Hillbillies are so easy to be manipulated, just like the Native American Indians before them.

As for the touted US$500 billion investments coming from Japan, that is a non-event to gloat about Japan already invested close to US$2 trillion in the USA and if Japan invested more in manufacturing, who can they sell their products to? On the other side of the coin, the USA wants to sell more to the Japanese, by forcing the Japanese to accept a lower threshold of safety for example USA made cars. The Japanese Government may relent, but Japanese consumers are not going to buy them knowing that safety features cannot stand up to Japanese consumer standards. What sounds great does not translate into great if we look closer at the picture. Japan is a country that relies on exports, not imports.


Anonymous

3 comments:

Anonymous said...

Trump just plucks figures from the air. Before coming to power, he boasted about ending the Ukraine War within 24 hours. Lately, he gave the ultimatum to Putin to settle for the Ukraine Peace Deal within 90 days, or else. Yesterday, it was another story, giving Putin 10 to 12 days instead of the 90 days to accept the deal or else. This is not the kind of leader that the world thinks he is sensible, but more likely that he is mentally unsound. Trump thinks Putin is that simple minded like him, waking up at 3 am in the morning after a bad dream and talking nonsense the next day.

Trump can give Putin 12 hours to make the deal, hoping Putin does not have the time to make enough weapons, but it makes little difference. Russia has already all the weapons made to expand the war, to destroy Ukraine if necessary. Putin does not need 12 hours or 90 days to make enough weapons to sink Ukraine. The same with China, weapons all ready for any war with the USA. Both Russia and China have the greatest advantage in raw materials to do that. Not the USA nor the EU, with rare earth restrictions hanging like the Sword of Damocles which everyone knows.

Now Trump is rushing to take credit for the ceasefire between Thailand and Cambodia. He is again throwing trade deals as his 'Art of the Deal' to make peace between Thailand and Cambodia, just like between India and Pakistan. Trump is truly desperate to get the Nobel Peace Prize by hook or by crook. Laughable, calling himself a peace President.

Virgo49 said...

One report that the APPLE is going to pay USD$8 Billions in Tariffs.

So in no time Dotard Tramp can have two Marlogo Castles MarLaLago when his term is up!

No wonder kept practicing and playing golf.

Even that he cheated by blindsided the caddy with the unfavourable ball.

What's a damn Demon from HELL

Even the Hades Emperor don't want him as scared he might displace him.

Anonymous said...

Trump is having the same illness as dementia Biden. What he said yesterday, he forgot about it today and then he will go on to said another things. It is just the effect of vaccine and old age. He also like Biden, like to surround himself with people who fart from their horse mouth.