Here's how much Trump's China tariffs will cost you

[Guno צְבִי]

Bend over white trash Walmart shoppers

[Guno צְבִי]

How the trade war with China could hit you: Higher prices, lost jobs


t affects more than 5,000 goods, including industrial chemicals, electronic circuit boards and a range of consumer products. Affected products include a variety of furniture, clothing, electronics, handbags, luggage, hardware, bicycles and bicycle helmets, shampoo, perfume, dishes, bed sheets, meat and cereal.



How will the tariffs affect the economy and jobs?
The new 25% tariff, combined with earlier duties imposed on $50 billion in Chinese shipments and on steel and aluminum, would cut U.S. employment by 934,000 and cost the average family of four $767 a year, according to a study by the Trade Partnership. So far, the existing 10% tariff and the other duties have caused barely a ripple for the U.S. economy, trimming growth by an estimated tenth of a percentage point in 2019 if they stayed in place, according to Oxford Economics. But the boost in the tariffs to 25% would triple the impact to three-tenths of a percentage point if sustained, crimping an economy that was forecast to go about 2.2% this year.

If Trump slapped a 25% tariff on the remaining $325 billion in goods the U.S. imports from China, it would cost the U.S. 2.1 million jobs and the average family of four more than $2,000 a year, according to the Trade Partnership analysis.


https://www.msn.com/en-us/news/world...cks/ar-AABbQ6R

[Irish]

Is guno another watermark retread?

[Grokmaster]

Bend over white trash Walmart shoppers

Outside of the Leftist TDS Fever Swamp, the tariffs will actually cost us LITTLE OR NOTHING.

The $200 billion in Chinese exports being taxed, is barely a drop in the bucket of US consumer goods, and they can be easily replaced by OTHER NATIONS' SUPPLIERS< if not domestically.

[tsuke]

whatever it is it is worth it to bring down china

[cawacko]

Outside of the Leftist TDS Fever Swamp, the tariffs will actually cost us LITTLE OR NOTHING.

The $200 billion in Chinese exports being taxed, is barely a drop in the bucket of US consumer goods, and they can be easily replaced by OTHER NATIONS' SUPPLIERS< if not domestically.

That’s false. You can read many conservative and libertarian economics and just those who understand economics who have spoken about the costs of tariffs.

You make like them because it’s Trump doing it then so be it. But don’t claim tariffs don’t cost. That’s ignorance of economics.

Justin Amash is one of the brightest Republicans in office and he’s tweeted about it:

[tsuke]

How the trade war with China could hit you: Higher prices, lost jobs


t affects more than 5,000 goods, including industrial chemicals, electronic circuit boards and a range of consumer products. Affected products include a variety of furniture, clothing, electronics, handbags, luggage, hardware, bicycles and bicycle helmets, shampoo, perfume, dishes, bed sheets, meat and cereal.



How will the tariffs affect the economy and jobs?
The new 25% tariff, combined with earlier duties imposed on $50 billion in Chinese shipments and on steel and aluminum, would cut U.S. employment by 934,000 and cost the average family of four $767 a year, according to a study by the Trade Partnership. So far, the existing 10% tariff and the other duties have caused barely a ripple for the U.S. economy, trimming growth by an estimated tenth of a percentage point in 2019 if they stayed in place, according to Oxford Economics. But the boost in the tariffs to 25% would triple the impact to three-tenths of a percentage point if sustained, crimping an economy that was forecast to go about 2.2% this year.

If Trump slapped a 25% tariff on the remaining $325 billion in goods the U.S. imports from China, it would cost the U.S. 2.1 million jobs and the average family of four more than $2,000 a year, according to the Trade Partnership analysis.


https://www.msn.com/en-us/news/world...cks/ar-AABbQ6R

so before trump put the 10% tariff people were saying that that 10% would cause all this doom and gloom and now we have and i quote "So far, the existing 10% tariff and the other duties have caused barely a ripple for the U.S. economy"

Im willing to bet that after a couple of months we will see the same quote about the 25% tariffs.

[Ralph]

Bend over white trash Walmart shoppers

Surprise another pastie. Who'd a thunk it?

Timelines between posts? Average 30 minutes? Just about enough time for preprogramed retort....including link. Generic of course to anyone that retorts. Hummmmmmmmmmmmmmm!

You are either TROLLING other sites.....or you allow a computer do your walking instead of your fingers. Russia? Naw...it can't be......Chinese more likely.

[Port Tack]

Outside of the Leftist TDS Fever Swamp, the tariffs will actually cost us LITTLE OR NOTHING.

The $200 billion in Chinese exports being taxed, is barely a drop in the bucket of US consumer goods, and they can be easily replaced by OTHER NATIONS' SUPPLIERS< if not domestically.

General Motors Co projected $1 billion extra costs this year for tariffs and raw materials.
Ford Motor Co Ford said that in 2018 it incurred “headwinds” of about $750 million in tariff-related effects and raw materials.
Caterpillar said tariffs would cost the company $250 million to $350 million in 2019 if there was no relief.
Archer Daniels Midland Co - The commodities trader’s adjusted operating profit slumped 30 percent in the fourth quarter to $183 million as the China trade war hit its sorghum and soybean origination business.


Cost us nothing?

[Port Tack]

so before trump put the 10% tariff people were saying that that 10% would cause all this doom and gloom and now we have and i quote "So far, the existing 10% tariff and the other duties have caused barely a ripple for the U.S. economy"

US corn exports are facing increased competition from Brazil and Argentina, the two South American nations that are offering cargoes at competitive prices. The changing trend should potentially see corn exports from Brazil and Argentina making double-digit gains in the 2018-19 marketing year, while the US corn exports will drop marginally. Corn production in Brazil and Argentina in 2018-19 is forecast to be 17.1% higher at 96 million mt, and 47% higher to 47 million mt, respectively, from the year ago levels. Exports from Brazil are seen rising 23% to 31 million mt in the current year, whereas Argentina is likely to export 30.5 million mt of corn, 45.2% higher than last year. The US, however, is likely to see a 1.3% year on year drop in its corn production and a 5.7% drop in its exports. All according to the April World Agricultural Supply and Demand Estimates, WASDE, report by the US Department of Agriculture.


Tell the American farmer it's only a ripple.

Im willing to bet that after a couple of months we will see the same quote about the 25% tariffs.

I would not be surprised, the president and the right lie repeatedly.

[tsuke]

US corn exports are facing increased competition from Brazil and Argentina, the two South American nations that are offering cargoes at competitive prices. The changing trend should potentially see corn exports from Brazil and Argentina making double-digit gains in the 2018-19 marketing year, while the US corn exports will drop marginally. Corn production in Brazil and Argentina in 2018-19 is forecast to be 17.1% higher at 96 million mt, and 47% higher to 47 million mt, respectively, from the year ago levels. Exports from Brazil are seen rising 23% to 31 million mt in the current year, whereas Argentina is likely to export 30.5 million mt of corn, 45.2% higher than last year. The US, however, is likely to see a 1.3% year on year drop in its corn production and a 5.7% drop in its exports. All according to the April World Agricultural Supply and Demand Estimates, WASDE, report by the US Department of Agriculture.


Tell the American farmer it's only a ripple.



I would not be surprised, the president and the right lie repeatedly.

its not really a problem. we can just buy all our corn give it to poor countries for free destroying the corn industry of brazil and argentina. win win. we get to look good and kill competition.

[cancel2 2022]

Is guno another watermark retread?

Yeh he certainly does come across as one, but know he is a genuine black Misrahi Jewish racist.

[katzgar]

so before trump put the 10% tariff people were saying that that 10% would cause all this doom and gloom and now we have and i quote "So far, the existing 10% tariff and the other duties have caused barely a ripple for the U.S. economy"

Im willing to bet that after a couple of months we will see the same quote about the 25% tariffs.

you have to be educated for a thread like this so probably best you go lay down. Tariffs increase the prices to American consumers it's that simple. when prices are increased product velocity slows down and that causes problems. This sort of stuff is real simple when you get an education.

[canceled.2021.2]

I’m good with it

#MAGA

[tsuke]

you have to be educated for a thread like this so probably best you go lay down. Tariffs increase the prices to American consumers it's that simple. when prices are increased product velocity slows down and that causes problems. This sort of stuff is real simple when you get an education.

and yet the economy is doing better than it ever was under no tariff obama.