Trump unironically doesn't know how tariffs really work: www.tiktok.com/@independent/video/7476233560643374368
And he thinks that had we imposed tariffs back in 1929 the Great Depression somehow wouldn't have happened: www.tiktok.com/@independent/video/7488841264427846944
We're really fucked as a country lmao!
Trump unironically doesn't know how tariffs really work: www.tiktok.com/@independent/video/7476233560643374368
fuck
Nice leftie rag source
paid by the government: no
paid by the american people: no
paid by the country: yes
lmao the great depression was basically caused by tariffs
He knows how they work. He just doesn't care and is counting on rubes that voted him will never look it up.
Would you be surprised if I told you that most Americans really don't know how tarrifs work or what they are even if they act like they do?
I've seen the videos yes, most people are morons that know nothing.
What difference does the source make when you have Trump himself right there saying it you cultist moron
the difference is they wouldn't have posted at all and he will blissfully ignorant about it and continue to chant MAga
Its true though. Just watch. Trump's administration is going to get so much fucking money from tariffs which are essentially a tax on the exporting country and then hes going to have UBI from that income. This will basically make it so that we tax China and we give the money to the poorest Americans. We will have no homeless people and no poor people. They are already talking about doing it with DOGE money but now they have trillions of dollars coming in from tariffs. You guys are just stupid and don't know. You think you know better than the army of harvard graduates that Trump has advising him? Fuck off Europoors.
nice bait
What the fuck do you think the depression is? Depression happened because all the factories moved out of America and we suddenly had no jobs. Trump is doing the fucking reverse. HOW THE FUCK IS CREATING JOBS BAD???? fuck off.
His frens don't care, they'll swim in money regardless. YOUR tariff money that you'll pay for that GPU, SSD, pants, or for that plastic butt figgie.
nice one buddy
no argument
Gotta work harder for the social credit score, chang.
Tariffs are import taxes that are paid by the importer retard. Thinking that they're somehow paid by the exporter is like thinking that the Sales tax is paid by the businesses and not the consumer
No. Exporting country pays the tariff because they cant make any money, the Americans stop buying their stuff. IE, China pays for it. Chinese companies and companies from all over the world are now coming to America to set up their factories, using money they previously stole from us to reinvest in us. This would not have been possible were it not for Trump. Trillions of dollars are flowing back into America as we speak and you retarded shills are just repeating what the fake dem news are telling you, claiming that somehow, money from outside coming in is actually Americans paying for it. If you want to shill you gotta try harder.
And how are importers, retailers who sell imported stuff, and factories needing overseas materials supposed to keep going due to these huge import taxes (tariffs)? And how will regular folks afford anything until those big promises actually happen Sherlock?
A good thing I stored my sol, sui, galaxis and ocean in a cold storage, to use after the ww3 kek
TLDR
You're right bro, an anonymous teenage retard on reddit/Anon Babble is smarter than entire teams of PhD economists, finance professionals and bankers. We get it.
You can look It up, who pays the tariffs, the importer or the exporter. Trump and his team think It's paid by the exporting country...
Aparrebtly the trick here is that the painting is already painted and then just covered in a sort of black dust which the lady is dramatically brushing off while church music plays
That's why never seems to actually use any paint or get any on herself, she's not actually singing either, just lipsyncing along
I don't care.
lol
than entire teams of PhD economists, finance professionals and bankers
But phd economists, finance professionals, and bankers, know full well that import tax is paid for by the importer and not the exporter.
Trump UBI
Nigga he will just cut taxes for his new billionaire cronies. I mean the fucker literally does insider trades based on which tariffs he will impose next
And?
Importers pay the tariffs and then they will raise prices for the customers (you)
I'm still waiting for something new or interesting to be said ITT. This is just another thinly veiled Anon Babblereddit thread.
There are more to tariffs than just 'muh importers!', but it's pretty obvious most of you lazy the critical thinking skills to look past more than just 'muh taxes!'. Even if Trump is a retard, not everyone around him is. Unless you think Scott Bessent is a retard too. In which case, I'd ask why you're posting on Anon Babble instead of making millions of dollars in the stock market.
It's always the losers, full of envy and anger that for some reason think everyone else is stupid, but they're somehow a genius.
Trump claims the opposite. All the time.
So much this. Keep seething, Anon Babblecels.
How old are you?
Yeah, all entertainment is fake. Just don't consooooome it.
There are more to tariffs than just 'muh importers!'
For example?
Squeezing Chinese companies and putting pressure on their owners and employees. Also, by putting massive tariffs on Vietnam, Indonesia, etc. you're attempting to stop the loophole of Chinese companies just sending their products to Vietnam first to act as a middleman.
No different than putting sanctions on Russian oil. So the Russians just sell it to India, then India sells the oil to Germany or wherever. You'd have to also target Indian oil exports if you actually wanted to have a major effect.
Like I said, the fact you even had to ask me for an example proved my original point.
Some of the people who call themselves artists actually paint
If they didn't, there would be no point in pretending to be an artist
It's painful to observe just how retarded you are
Yeah Trumps gonna get so much money
but not from China, but from Americans being raped by his new sales tax
Not him, but you completely failed. The USA will pay for rare earths (90% controlled by China) and critical components they can't get elsewhere. That's why starting a trade war with China, nevermind the rest of the world, without having domestic production and infrastructure in place was fucking retarded.
And this is bullish... how exactly? Nobody here cares about "muh domestic production", we want the line to go up. So the general narrative of "trump is le retard" still stands regardless of details.
The of a tax depends on the elasticity of supply and demand. If demand is less elastic than supply (and the supply of goods on an international market is perfectly elastic), then the burden of the tariff will fall mainly on the consumers.
But this is something that you and your retarded president are unable to comprehend.
source: tiktok.com
Also, by putting massive tariffs on Vietnam, Indonesia, etc. you're attempting to stop the loophole of Chinese companies just sending their products to Vietnam first to act as a middleman.
You've got it backwards. Rerouting supply chains through Vietnam has been one of the primary tactics of the world and America to be less reliant on China.
Are there Chinese businesses that have managed to move some of their supply chains to Vietnam? Sure, but trade rerouting from China to Vietnam has absolutely not been to China's benefit.
Killing trade with Vietnam absolutely would benefit China though. It'd do a lot to strengthen China in negations when trying to make the world trade with them again. Instead of say, Vietnam.
noooooooooooooooooooooo only china can put tariffs on usa
It'll work out for the best, stop being a panican.
What's been hilarious about all of this is watching every redditor, leftist and poltard turn into capitalist neoliberals overnight. Orange man bad, we get it.
I am impressed by how many here haven't seen that video. It's old by market standards.
It's been a year since trump started saying the word and neither him nor maga have learned what it means, how it works, why it works, when it doesn't.
Crazy how he never actually said that thing about injecting bleach though
yeah, he only implied it
grumpf starts enacting the most left wing policies since fdr
maoist miggers still think they're right wing
kek
To be fair its like a sales tax, just because the shop is the one literally paying, they could just charge the customer more. It depends on either side's elasticity. Like if you import something, and then a 10% tariff is applied, you could just demand a 100/110 price discount. If they are desperate they might accept, or they may meet in the middle and offer a 5% discount or something, or if they think you're desperate they may say nope, the tariffs fully on you. Its not so clear who the cost is passed down to.
Now that is only China is relatively easy.
Just don't buy from China.
For 96% of Chinese goods there are alternative suppliers somewhere else.
this is true for small values, but no business can tank a 125% cost increase by themselves
My favorite thing is that all the rightoid "libertarian" morons worship trump despite his anti-market instincts.
any form of disinfecting is bleach
You're a sheep m8
If tariffs were such an amazing thing, why didn't Trump use them in his first term? I guess he really did have a team of tard wranglers back then.
pretty sure he was talking about 70% Isopropyl alcohol actually
youtu.be
which is much dumber than his UV idea.
Right, I'm just talking in general the argument about "who pays the tax," yes the US importer literally pays it but it may to some degree be negotiated with the foreign exporter to cover some of it. You're right though, exporters have other countries they can export to, so they are probably never going to accept huge differences. Like if they can export to Europe a the cost of selling at a 10% lower price, they are never going to offer more than that much of a discount to an American. And even then, different American exporters have to compete with each other on the prices.
Problem is this nuance is lost in this discourse that's all about "x person doesn't know how tariffs work" and then what trump says may be indirectly possible to some degree, just highly unlikely to happen.
Fuck off boomer.
Has Trump ever been right?
The news was fake
And he thinks that had we imposed tariffs back in 1929 the Great Depression somehow wouldn't have happened
Anyone want to tell him it was a private debt bubble fueled by persistent government budget surpluses?
Trump says something retarded
miggers say he actually means something different than what he said (trust me bro)
Why are you incapable of taking him at his word
What the fuck
Home schooling paid off didn’t it
Trump already caved: content.govdelivery.com
Trump is literally right about everything, all the time. Simple as. Cope and seethe, reddit raider.
You can tell him, but hes a confident retard who thinks he knows better than anyone else. trump is an anti intellectual who decides things based on his own wants or gut instinct and then finds narratives that already agrees with him.