Why did the Americans chalk up more trade deficits against so many countries, especially China, Asean countries and its two immediate neighbours? The answer is simple, they buy more, consume more and the consumers are very happy with what they are buying.
But Trump is angry that the Americans are buying more and accused others of unfair trading. How illogical is this clown?
The very reason why the Americans are buying more is because they need or want to have the goods and products. And they are getting their money's worth as the goods and products are value for money. If they don't need them, if the products are not value for money, they would not be buying them. No one is forcing them to buy.
The Americans have the whole world to buy from and would only buy from whoever can sell the best products they want or need at the best price. The American consumers are the happy customers. If they don't buy from sellers that can sell them good products at the lowest price, then they would have to buy from sellers with not so good products and at higher prices.
So, are the issues raised by clown Trump valid? And don't forget, the Americans did not lose anything except a few pieces of Monopoly money, cheap papers. The American consumers would suffer if they cannot buy from these countries that have trade surpluses from America. Their useless Monopoly money would really become useless. And now with clown Trump imposing higher tariffs, the American consumers are buying the same goods and products at higher prices.
Who is the big winner in this tariff farce? Who are the big losers? Clown Trump is not bullying the sellers. He is cheating the American consumers, making them pay more taxes on what they need and want to buy. Trump just collect more taxes from the American people for his own agenda and ego.
Would the affected countries buy more from America if they can buy cheaper from other sources to balance America's trade deficit? Many American children would not have the toys they want for Christmas. Many American farmers and ranchers are crying, bankrupted by Trump or facing bankruptcy.
2 comments:
I am surprised that social media is still arguing about who are paying those tariffs, as if it is such a difficult thing to understand. Who is paying is now being answered by USA consumers having to pay more for the same stuff at retail outlets. It is clear as crystal that only the blind could not see or refused to see.
Are overseas manufacturers of goods or their government paying those tariffs? No, they are just diverting their exports to Global South countries, selling at the same price, made at the same cost, shipped at the same cost, paying workers the same wages. The Global South countries are happy with the cheap goods, the manufacturers in China are happy with doing the same thing of providing what the Global South needs.
The USA consumers may just have to look on enviously what the Global South are now enjoying, adding insult to injury perhaps. USA consumers do not even have the privilege of buying cheap and good EVs from China. That says it all. And that vote they carried in their democratic mindset tells them what it all means - just a mirage of 'freedom of choice'. Between the right and the left hand perhaps!
Quite rightly, the only way the USA can reduce its deficit vis a vis China is to import less, which China is doing them a favor by selling more to the Global South. If India and China were to patch up their differences, this is going to be another avenue for two-way trade to balloon. It does not matter who wants to build the China/India bridge, so long as it does not benefit the USA.
Aiyo yo yo! Tariffs are just Import Taxes or Duties on any imported goods into the country.
Paid for by the consumers of any countries that imported them.
The Main Wholesaler Importer jusy have to pay for them first just like the GST charges and them marked up to be supplied to the retailers.
The retailers in turn marked up further for their overhead and profits and also other misc expenses.
So on the end the consumers as the end buyers paid all for them.
Period you Americunts FOOLs!
Been conned by your Doatrd that we are collecting billions and trillions from the exporters.
You are all just Hillbillies and UnElectrocuted needed to be Electrocuted.
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