@newjaninev2 Chinese companies are eating some of those tariffs. I am ok with that. More money in the pockets of consumers that we didn't borrow to put there isn't bad either. To be fair, though, I would prefer the money directly paid down the debt.
Tariffs are a tax on american consumers. The originating countries don't pay the tariff, the importer in america pays the tariff and then passes the cost on to the retailer who maintains his profit margin by raising the price the consumer has to pay.
I know this, the entire world knows this, your king knows this... why don't americans understand this most basic of economic realities?
In fact, by issuing royal decrees your king can raise as many taxes as much and as often as he likes. He just wakes up in the morning and decides that goods from Asia now have a 50% tariff increase and before too long three things happen: 1. american importers pay more money to the government 2. american retailers pay more to purchase the goods from the importer. 3. american consumers pay more for anything imported from Asia
@IronHamster Chinese companies are forming new trade relationships with countries other than the US.
Here in New Zealand we're doing the same, as are all other countries. The US is no longer seen as reliable, and will become more and more quarantined from global trade as your autocratic socialist government tightens its grip on what will be available to consumers.
@newjaninev2 I haven't noticed any price increases. What's gone up proportionally with tariffs? Technically, I agree with you that the money has to come from somewhere. I am just pointing out, I haven't noticed any pricing changes related to tariffs. Wages are rising faster than inflation. At the current rate, in two years we will be even with where we were before Biden fucked things up.
Aw. No more wool? That's ok. I am sure there are plenty more places we can get winter clothing from.
@Thrust You missed it because you, as a MAGA, don't have the brains or independence of thought to realise that the tariffs imposed by your King are a tax hike by stealth 😂
@newjaninev2 Trump is a man of the people. Great Britain needs a King with the balls to draw and quarter Starmer and Khan as an example of what happens to bad stewards of their charges.
Meanwhile, in the United States we may see an end to the income tax system as tariffs continue to kick in. That's leadership. Don't you wish New Zealand had a leader like Trump? Hmmm?!
