To put it in another way, USA consumers will be taxed another US$50 billion every month by the Trump administration over those tariffs. Nobody wants to answer the question of who will be eating those tariffs. Manufacturers in other countries will all close shop if they are to absorb the tariffs, when margins are already razor thin. The reality is importers in USA will have to pay the levy and recover from USA consumers if they want to remain in business, and end of story. USA retailers are already suffering razor thin profits and are least in a position to absorb those tariffs.
Perhaps the Hillbillies are really so dense that they will just pay through their noses down the road. Not talking about who will pay those tariffs - not by the administration and not by the MSM and everything will be fine. Of course, China and others will just continue to ship goods to the USA if importers want them to keep their outlets functioning. If not, no sweat.
Anonymous
3 comments:
The most ludicrous thing about USA politics is that politicians can get away with any lie they can concoct out of thin air and getting away with it. It really is beyond believe that the US$50 billion has now been touted to be paid by USA importers and not foreign governments nor manufacturers, yet Howard Lutnick is making a song and dance about it. USA Importers will literally have to close shop absorbing those tariffs, so passing them on to USA consumers is going to be the de-facto eventuality. No two ways about that.
How long this charade is going to survive with USA consumers being really so dense as not to feel being sold out by the Trump administration. Of course, they voted for Trump, so they should not be complaining even if Trump just stick it up their arseholes.
Howard Lutnick is counting chickens before they are hatched. Like Trump talking about meeting Xi soon, or next week, or next month, or next year and unable to meet like Joe Biden. Xi is not going to think much about what Trump's pussy mouth (or what Virgo calls CB mouth) can come up with. To Xi, talking to Trump is an exercise in futility.
This charade will just continue, until the high tide recedes. Then we shall know who is really naked.
https://youtu.be/H-MGtqjCqKY?si=oMmcMM17tM0SXSqU
UAssA going to starve in food supplies
Retributions
Post a Comment