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Why Trump's Tariffs Won't Cost Consumers a Nickel
Real Clear Politics ^ | 09/25/2018 | Curtis Ellis

Posted on 09/25/2018 9:29:11 AM PDT by MaxistheBest

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President Trump's trade team is a group of hired assassins...they are VERY good at what they do.

And the DNC just lost another bullet for the mid-terms:)

1 posted on 09/25/2018 9:29:11 AM PDT by MaxistheBest
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To: MaxistheBest
For the most part, they don’t target consumer goods.

Right. Because we all know the cost of componant parts never affects the cost of the end consumer good.

The Trump tariffs target items available from sources outside China.

Thank goodness we have politicians who can teach our businesses the best place to source their inputs.

2 posted on 09/25/2018 9:35:58 AM PDT by semimojo
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To: semimojo

componant = component


3 posted on 09/25/2018 9:46:30 AM PDT by semimojo
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To: semimojo
Thank goodness we have politicians who can teach our businesses the best place to source their inputs.

Define "best."

4 posted on 09/25/2018 9:49:17 AM PDT by ShadowAce (Linux - The Ultimate Windows Service Pack)
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To: semimojo

“Right. Because we all know the cost of componant parts never affects the cost of the end consumer good.”

I’m guessing you didn’t read the whole article. The tariffs are placed on the first sale not the last and they are spread out so much that the hit to the consumer is minimal and in a good economy, can be absorbed easily.

Plus if they are sourced outside of China no one gets hurt at all, except for China.

Team Trump is cutting the legs out from China’s manufacturers, just like he did with Mexico and China sourced items. Canada will be next.


5 posted on 09/25/2018 9:49:38 AM PDT by MaxistheBest (...)
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To: MaxistheBest

My view is that trade is what got Trump into the presidential race in the first place. Every other issue was secondary. He saw immigration as an opportunity to fill a void left by every other politician. He knew that the life issue was foundational to the GOP and to the evangelical vote. But trade is his personal passion. And he promised again and again during the campaign to get the best negotiators in America on the case, and that’s exactly what he’s done. He’s not a protectionist; he just doesn’t like us getting “ripped off”. As long as other countries reciprocate on free trade, we’re all good. But he’s not going to tolerate other countries waging unilateral trade war against us.


6 posted on 09/25/2018 9:52:50 AM PDT by Behind the Blue Wall
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To: MaxistheBest

It is a good article, with a dumb headline. Odds are it will cost the consumer a nickel here and a nickel there. But who cares, it is worth it to get control of the China problem.


7 posted on 09/25/2018 9:53:55 AM PDT by Wayne07
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To: semimojo
Free Traitors™ need to quit acting like you need to educate Patriots in economics. We understand economics WAY more than you realize.

Protectionist, (Patriots) understand that a tariff will increase prices. We get it. WE WANT THAT. It's a one time inflation due to higher labor costs in the USA. Again, we understand the economists. We are not stupid. But the payoff from higher import tariffs comes in lowered social costs and higher quality products. We are willing to pay more for a strong viable industrial base. I WANT TO PAY MORE.

I am not so greedy as to destroy the USA industrial base, cause social havoc, lower GDP growth, in order to buy a cheaper poor quality Coolie made consumer goods. IT'S NOT WORTH IT AT ANY PRICE.

8 posted on 09/25/2018 9:56:49 AM PDT by central_va (I won't be reconstructed and I do not give a damn)
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To: MaxistheBest
The tariffs are placed on the first sale not the last and they are spread out so much that the hit to the consumer is minimal and in a good economy, can be absorbed easily.

Which is it? Do they affect the consumer cost or not?

Don't forget, the claim is they won't cost a nickle.

9 posted on 09/25/2018 9:57:41 AM PDT by semimojo
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To: MaxistheBest

Hurt? Paying $32.50 instead of $29.00 for a toaster is not ‘hurt’. Hurt is watching your home town go into ruin because Hamilton-Beach closed down production and moved to China.


10 posted on 09/25/2018 10:00:14 AM PDT by central_va (I won't be reconstructed and I do not give a damn)
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To: MaxistheBest

Trump is a consummate negotiator. His opening offer is never his final position. His tariffs are only a shot fired across the bow of a trading partner, an enticement to voluntarily renegotiate before the Trump hammer comes down. His end-game is to encourage all partners to drop their own tariffs on US products and trade truly freely, which eventually will reduce the costs of foreign goods.


11 posted on 09/25/2018 10:00:49 AM PDT by Paal Gulli
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To: semimojo

Yep. These guys are fooling themselves. The best you can say for it, I think, is that it might be a small enough impact that it won’t matter in the scheme of things.


12 posted on 09/25/2018 10:02:13 AM PDT by Brilliant
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To: semimojo

In Chicago we had a street market. You could buy anything sheaply there. Number ten cans of any canned food at half price. Lots of meat and fish as well. Who cares that there was no tax to pay. That the cans had some dents. That the meat had no stamps. It was cheap. It was like buying from China. Then one day they closed the market. And opened it again with inspectors. Somehow the prices in the market went up. But the prices at the distributors went down.


13 posted on 09/25/2018 10:02:17 AM PDT by poinq
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To: semimojo

“Which is it? Do they affect the consumer cost or not?”

Do you have trouble reading english? I’m not going to get into a ridiculous argument with you...read the article.


14 posted on 09/25/2018 10:03:30 AM PDT by MaxistheBest (...)
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To: MaxistheBest; semimojo
We have the oddest "economists" is the USA. The rest of the world practices mercantilism and protectionism and we don't. So I am assume that in the rest of the entire industrial world economics, as a scholastic subject, is taught differently than in the USA.

There are no one-sided free traders in the rest of the world. They are ALL MERCHANTILISTS. Only here do we have stupid one-sided "free trade". Weird and stupid.

15 posted on 09/25/2018 10:05:13 AM PDT by central_va (I won't be reconstructed and I do not give a damn)
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To: semimojo
The price of durable goods will be higher, post tariff. Much higher at first then lower later on as domestically manufactures supplies kick in. The higher cost will be the difference in US labor/regs minus cheaper shipping costs. I'd estimate 5-7% higher. But quality will go up too. Yes, the one time inflation is worth it to me and a lot of other patriots.

Politics and economics mesh, they are really the same thing. Whether you pointy headed green eye shade arm banded ledger types like it or not, that is reality.

The 30 year globalist experiment in "Free Trade" is an abject failure. Why? because the rest of the of world did't play along and used the USA.

In the USA, to be an economist requires a myopic view of everything. This stupidity is how we got here...

16 posted on 09/25/2018 10:09:00 AM PDT by central_va (I won't be reconstructed and I do not give a damn)
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To: central_va

I didn’t know much about trade and trade deals until I started reading and following Sundance at The Conservative Treehouse:

https://theconservativetreehouse.com/

He explains it all pretty well.


17 posted on 09/25/2018 10:10:59 AM PDT by MaxistheBest (...)
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To: central_va; MaxistheBest
Protectionist, (Patriots) understand that a tariff will increase prices. We get it. WE WANT THAT.

Take it up with the economic illiterate who wrote the article.

18 posted on 09/25/2018 10:21:19 AM PDT by semimojo
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To: Wayne07
Odds are it will cost the consumer a nickel here and a nickel there.

It will cost exactly as much the value of the tariffs levied.

Either the consumer will pay this tax or the American business owner will absorb it by making less profit.

It's a fundamental economic principle.

19 posted on 09/25/2018 10:25:44 AM PDT by semimojo
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To: semimojo

Or the Chinese supplier will absorb it by cutting their price. But yes, someone ultimately pays, and that isn’t the government it is a person.


20 posted on 09/25/2018 10:36:59 AM PDT by Wayne07
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