Trump Rants About Countries Laughing at America in All-Caps Late-Night Meltdown

[Guno צְבִי]

Trump marked the highly anticipated start of his massive tariffs with a classic all-caps social media rant against the rest of the world.

After several delays, products from nearly 70 countries were hit with tariffs of 10 to 41 percent starting Thursday, risking price increases for everyday goods ranging from food and clothing to toys and electronics, ABC News reported.

“RECIPROCAL TARIFFS TAKE EFFECT AT MIDNIGHT TONIGHT! BILLIONS OF DOLLARS, LARGELY FROM COUNTRIES THAT HAVE TAKEN ADVANTAGE OF THE UNITED STATES FOR MANY YEARS, LAUGHING ALL THE WAY, WILL START FLOWING INTO THE USA,” Trump wrote on a Truth Social post.

This is not at all how tariffs work. The duties are an import tax paid by American companies—not foreign countries—with the costs typically passed on to consumers. The tariffs will cost the average American household an additional $2,400 this year, the Yale Budget Lab found this week.

Trump Rants About Countries Laughing at America in All-Caps Late-Night Meltdown

President Donald Trump marked the highly anticipated start of his massive tariffs with a classic all-caps social media rant against the rest of the world. After several delays, products from nearly 70 countries were hit with tariffs of 10 to 41 percent starting Thursday, risking price increases...

news.yahoo.com

 

[Jade Dragon]

Trump marked the highly anticipated start of his massive tariffs with a classic all-caps social media rant against the rest of the world.

After several delays, products from nearly 70 countries were hit with tariffs of 10 to 41 percent starting Thursday, risking price increases for everyday goods ranging from food and clothing to toys and electronics, ABC News reported.

“RECIPROCAL TARIFFS TAKE EFFECT AT MIDNIGHT TONIGHT! BILLIONS OF DOLLARS, LARGELY FROM COUNTRIES THAT HAVE TAKEN ADVANTAGE OF THE UNITED STATES FOR MANY YEARS, LAUGHING ALL THE WAY, WILL START FLOWING INTO THE USA,” Trump wrote on a Truth Social post.

This is not at all how tariffs work. The duties are an import tax paid by American companies—not foreign countries—with the costs typically passed on to consumers. The tariffs will cost the average American household an additional $2,400 this year, the Yale Budget Lab found this week.

Trump Rants About Countries Laughing at America in All-Caps Late-Night Meltdown

President Donald Trump marked the highly anticipated start of his massive tariffs with a classic all-caps social media rant against the rest of the world. After several delays, products from nearly 70 countries were hit with tariffs of 10 to 41 percent starting Thursday, risking price increases...

news.yahoo.com

 

[Grokmaster]

No one is laughing at the US now....they are paying up and begging to make trade and defense deals with us...the opposite of the Biden/Obama years.

 

[Guno צְבִי]

This is not at all how tariffs work. The duties are an import tax paid by American companies—not foreign countries—with the costs typically passed on to consumers. The tariffs will cost the average American household an additional $2,400 this year, the Yale Budget Lab found this week.

 

[IBDaMann]

Trump marked the highly anticipated start of his massive tariffs with a classic all-caps social media rant against the rest of the world.

Did ya' hear what Trump said? Did ya'? Did ya'? Did ya' hear what Trump said? It was a social media post, no less, so it's all that matters in the world. Did ya' scrutinize what Trump said? Did ya'? Did ya'?

risking price increases for everyday goods ranging from food and clothing to toys and electronics, ABC News reported.

Wow, fear and panic from ABC news. It must be gospel truth.

The duties are an import tax paid by American companies

Nope. Only people who are economics-challenged simply repeat this without challenge, without doubt, without question.

Tariffs are access fees paid by anyone, foreign or domestic, who wishes to bring products into the American market.

The word "tariff" means "fee" and comes from "tarifa" (Latin) and "taʿrīf" (Arabic) words for "fee" creating -> "tarifa" (Spanish), tarif (French) and tariffa (Itallian) ... meaning "fee". A tariff is an entry fee for a product into an American market. Taxes can still be "imposed" on those products at sale.

The word for "tax" follows from the roots of the word "imposed", e.g. The Latin word "imponere" ("tax") created -> imposta (Italian) and impuesto (Spanish) and imposto (Portuguese).

with the costs typically passed on to consumers.

The costs are rarely passed onto consumers, usually eaten by the importer. Consumers simply elect to buy different products that are less expensive. For the importer to stay in the market and remain competitive, they keep their prices as close to the same as possible, or watch their sales evaporate. The consumer retains full power and can always buy a different product, or buy no product at all. Consumers are never obligated to continue purchasing what they had purchased previously.

Again, the tariff costs are rarely passed onto consumers.

The tariffs will cost the average American household an additional $2,400 this year,

The tariffs will not cost American consumers very much at all, but will bring in an avalache of $Billions to create the most awesome economy EV-AH!, i.e. a rising tide that will lift all boats.

 

[IBDaMann]

This is not at all how tariffs work.

The way they work is happening before your blind eyes, i.e. bringing in $hundreds of billions.

The duties are an import tax

Nope. Tariffs are an entry fee. You suck at economics. Ask me how I know.

 

[IBDaMann]

[stupid meme omitted]

If Trader Joe's were actively preventing you from doing business or otherwise bringing in income, and you were to threaten to actively prevent Trader Joe's from doing business and bringing in income unless they allowed you to do business and bring in income, and it worked, you would hail it as a success.

Similarly, Trump's negotiations with tariffs to force foreign countries to allow US businesses to do business and to bring in income was a smashing success that will simply bring in $hundreds of billions where he did not succeed! This creates a double-win for We the People of the United States, and for the Republic for which We stand!

 

[archives]

No one is laughing at the US now....they are paying up and begging to make trade and defense deals with us...the opposite of the Biden/Obama years.

The world is laughing at Trump now, and in the meantime' China is reaping the benefits

 

[archives]

Did ya' hear what Trump said? Did ya'? Did ya'? Did ya' hear what Trump said? It was a social media post, no less, so it's all that matters in the world. Did ya' scrutinize what Trump said? Did ya'? Did ya'?


Wow, fear and panic from ABC news. It must be gospel truth.


Nope. Only people who are economics-challenged simply repeat this without challenge, without doubt, without question.

Tariffs are access fees paid by anyone, foreign or domestic, who wishes to bring products into the American market.

The word "tariff" means "fee" and comes from "tarifa" (Latin) and "taʿrīf" (Arabic) words for "fee" creating -> "tarifa" (Spanish), tarif (French) and tariffa (Itallian) ... meaning "fee". A tariff is an entry fee for a product into an American market. Taxes can still be "imposed" on those products at sale.

The word for "tax" follows from the roots of the word "imposed", e.g. The Latin word "imponere" ("tax") created -> imposta (Italian) and impuesto (Spanish) and imposto (Portuguese).


The costs are rarely passed onto consumers, usually eaten by the importer. Consumers simply elect to buy different products that are less expensive. For the importer to stay in the market and remain competitive, they keep their prices as close to the same as possible, or watch their sales evaporate. The consumer retains full power and can always buy a different product, or buy no product at all. Consumers are never obligated to continue purchasing what they had purchased previously.

Again, the tariff costs are rarely passed onto consumers.


The tariffs will not cost American consumers very much at all, but will bring in an avalache of $Billions to create the most awesome economy EV-AH!, i.e. a rising tide that will lift all boats.

Whole post ^ sounds like a pep rally for Trump’s tariffs

Retailers pay tariffs to import goods the sell and to assume they don’t pass those costs on to the consumer is absurd, we’re not talking three or four percent tariffs, but double digits, even Walmart has tailed prices on the cheap shit they sell

 

[Grokmaster]

The world is laughing at Trump now, and in the meantime' China is reaping the benefits

Yeah...sure they are. And they are all lying about the deals they made with Trump, too, right?


Wonder why you and yours have a 19% approval rating? I don't.

 

[IBDaMann]

Whole post ^ sounds like a pep rally for Trump’s tariffs

If you were to learn economics, posts wouldn't "sound" to you, but would be able to be informative. I wish you the best of luck in your future endeavors.

Retailers pay tariffs

Nope. You are economically incompetent and intellectually dishonest. Wholesalers pay the tariffs.

Retailers do not pay tariffs; only the importer of record who is presenting the goods at customs pays the tariffs on those goods. A retailer will pay tariffs only when he coincidentally is the importer of record, i.e. is presenting the goods to customs. This represents a slim sliver of retailers. For example, WalMart is the importer of many goods, but only because as WalMart grew to become HUGE, they expanded their corporate structure to have an importing division, called Walmart Global Sourcing Division. So WalMart the retailer still pays no tariffs but WalMart the importer does. Similarly, some specialty shops that import goods to have exclusive, novelty and/or hard-to-get merchandise will be the importer of record for that merchandise.

Otherwise, the vast majority of retailers pay no tariffs, getting their imported goods from wholesalers who pay the tariffs.

to import goods the sell

The person/company bringing the goods through customs.

and to assume they don’t pass those costs on to the consumer is absurd,

To assume that businesses don't eat certain costs in order to remain competitive, preferring to just go out of business, is absurd. Learn economics. Get out of your basement and get some real world experience.

we’re not talking three or four percent tariffs, but double digits, even Walmart has tailed prices on the cheap shit they sell

Learn about the supply-demand curve. Any business that tries to pass the cost onto the consumer (and many will try) will watch their sales of that product decrease or vanish altogether. If they can continue to make a profit without raising their prices to cover the tariffs completely, they will choose that rather than allow sales to drop to zero. It's a calculation the business has to make. Your implication that the consumer somehow does not retain the power to buy something else from somewhere else, or to simply not buy anything, is also absurd. I suggest you take a moment to think this through.

 

[QP!]

Yeah...sure they are. And they are all lying about the deals they made with Trump, too, right?


Wonder why you and yours have a 19% approval rating? I don't.

What deals?

Post a single one of the Deals made so we can read it?

A deal is Nafta, we were told about and we could read it and we could the countries who signed on to it.

A deal is USMCS, we were told about it and we could read it and we could see the countries who signed on to it.

Trump does not make "deals", he makes announcements that have no legal meaning like his $10B hyped up FoxConn "deal" in his 2016 term that ended up being nothing.

But go ahead, show me the "deals" that are not just announcements.

 

[Grokmaster]

What deals?

Post a single one of the Deals made so we can read it?

A deal is Nafta, we were told about and we could read it and we could the countries who signed on to it.

A deal is USMCS, we were told about it and we could read it and we could see the countries who signed on to it.

Trump does not make "deals", he makes announcements that have no legal meaning like his $10B hyped up FoxConn "deal" in his 2016 term that ended up being nothing.

But go ahead, show me the "deals" that are not just announcements.

What an idiot.

So all the nations who have cited trade (and defense) deals with the US via Pres. Trump are lying?

Do you even realize what a moron you are?


It takes time to put down on paper, moron.

Thanks for showing how to get to a 19% approval rating.

 

[Hawkeye10]

Mafia Don cant stand being mocked.

How Very WOKE.

 

[Hawkeye10]

Several on my grapevine have said that Trump, who claims to be an enemy of post modernism, practices it constantly.

 

[archives]

If you were to learn economics, posts wouldn't "sound" to you, but would be able to be informative. I wish you the best of luck in your future endeavors.


Nope. You are economically incompetent and intellectually dishonest. Wholesalers pay the tariffs.

Retailers do not pay tariffs; only the importer of record who is presenting the goods at customs pays the tariffs on those goods. A retailer will pay tariffs only when he coincidentally is the importer of record, i.e. is presenting the goods to customs. This represents a slim sliver of retailers. For example, WalMart is the importer of many goods, but only because as WalMart grew to become HUGE, they expanded their corporate structure to have an importing division, called Walmart Global Sourcing Division. So WalMart the retailer still pays no tariffs but WalMart the importer does. Similarly, some specialty shops that import goods to have exclusive, novelty and/or hard-to-get merchandise will be the importer of record for that merchandise.

Otherwise, the vast majority of retailers pay no tariffs, getting their imported goods from wholesalers who pay the tariffs.


The person/company bringing the goods through customs.


To assume that businesses don't eat certain costs in order to remain competitive, preferring to just go out of business, is absurd. Learn economics. Get out of your basement and get some real world experience.


Learn about the supply-demand curve. Any business that tries to pass the cost onto the consumer (and many will try) will watch their sales of that product decrease or vanish altogether. If they can continue to make a profit without raising their prices to cover the tariffs completely, they will choose that rather than allow sales to drop to zero. It's a calculation the business has to make. Your implication that the consumer somehow does not retain the power to buy something else from somewhere else, or to simply not buy anything, is also absurd. I suggest you take a moment to think this through.

Wholesalers, retailers, regardless, the cost always gets passed down to the consumers, profit is the motivation, people don’t go into business to “absorb costs”

The supply and demand curve moves in search of the equilibrium cost, and when operating costs are escalated so drastically, that price rises. You going to tell us now Walmart is going to go out of business because they have raised prices

 

[QP!]

What an idiot.

So all the nations who have cited trade (and defense) deals with the US via Pres. Trump are lying?

Do you even realize what a moron you are?


It takes time to put down on paper, moron.

Thanks for showing how to get to a 19% approval rating.

Heh stupid, do you see what i posted above?

it is a link to a ANNOUNCEMENT Trump made about a prior "deal" that was a lie by him and nothing came of it.

HEre is another one as Trump announced this massive EU "deal" that was not a deal at all...

EU admits it can’t guarantee $600B promise to Trump​

The extra investments pledged under the trade deal would come from private companies, which Brussels conceded it has no power to control.

If it "takes time" to put a deal on paper then there is NO DEAL until it is put on paper as most contracts fall apart during the 'put on paper' stage of negotiations.


So what you are admitting when you say 'it takes time to put on paper' is to say 'it MIGHT end up in a deal in the future if signed'.

So you jus admitted none of his 'announcement' are deals any more than if you and i make a 'deal' right now to give this site $50 a month but with it being put on paper at some point in the future and we never do it.

You need to be less stupid.

 

[IBDaMann]

Wholesalers, retailers, regardless,

Nope. You OBEDIENTLY regurgitated propaganda disinformation without question and you owe the board a huge apology.

the cost always gets passed down to the consumers,

The (full) cost rarely gets passed to the consumers. You continue to press the notion that consumers cannot switch to purchasing other products and avoid the increased prices on imported products altogether.

profit is the motivation, people don’t go into business to “absorb costs”

Profit is the motivation. Businesses will absorb whatever costs they need to continue making a profit. You have had plenty of time to perform basic research and you have instead opted to allow others to do your thinking for you.

The supply and demand curve moves in search of the equilibrium cost,

The supply-demand curve establishes price realization.

and when operating costs are escalated so drastically, that price rises.

When prices increase, demand decreases. During price realization, sellers determine what costs they are going to absorb.

You going to tell us now Walmart is going to go out of business because they have raised prices

I am going to tell you that demand will decrease for WalMart's products that have increased in price, and WalMart will monitor the profit situation to see if they need to lower those increased prices.

 

[Nordberg]

Yeah...sure they are. And they are all lying about the deals they made with Trump, too, right?


Wonder why you and yours have a 19% approval rating? I don't.

What deals? A tariff has to be written and approved by both countries. They have to do it quickly before Daffy changes his mind a couple of times.

 

[LurchAddams]

Trump marked the highly anticipated start of his massive tariffs with a classic all-caps social media rant against the rest of the world.

After several delays, products from nearly 70 countries were hit with tariffs of 10 to 41 percent starting Thursday, risking price increases for everyday goods ranging from food and clothing to toys and electronics, ABC News reported.

“RECIPROCAL TARIFFS TAKE EFFECT AT MIDNIGHT TONIGHT! BILLIONS OF DOLLARS, LARGELY FROM COUNTRIES THAT HAVE TAKEN ADVANTAGE OF THE UNITED STATES FOR MANY YEARS, LAUGHING ALL THE WAY, WILL START FLOWING INTO THE USA,” Trump wrote on a Truth Social post.

This is not at all how tariffs work. The duties are an import tax paid by American companies—not foreign countries—with the costs typically passed on to consumers. The tariffs will cost the average American household an additional $2,400 this year, the Yale Budget Lab found this week.

Trump Rants About Countries Laughing at America in All-Caps Late-Night Meltdown

President Donald Trump marked the highly anticipated start of his massive tariffs with a classic all-caps social media rant against the rest of the world. After several delays, products from nearly 70 countries were hit with tariffs of 10 to 41 percent starting Thursday, risking price increases...

news.yahoo.com

Holy shit! Go to sleep, grandpa!