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Actual tariff on China will be 79%? (link)

Posted on: April 2, 2025 at 22:20:45 CT

LamarFrazier MU

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"The final answer: The U.S. will be charging some Chinese goods as much as 79% once the new tariff package goes into effect.

“With everything else that unfolded today this seems like a pointless aside to spend any energy on,” the official said."

Asking for clarity on the actual % of a tariff on the world's 2nd biggest economy is a pointless aside! lol

https://www.barrons.com/articles/china-trump-reciprocal-tariffs-conflicting-rate-0ef39c12

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MESSAGE THREAD

EU tarrifs aren't 39% but 3% - LamarFrazier MU - 4/2 22:07:54

Not just the direct monetary tariffs - alzoo MU - 4/3 00:08:37

You don't have to buy any product if you can't afford it. - Logan STL - 4/2 22:44:51

And as American consumer spending dries up so does - TigerMatt STL - 4/2 23:02:28

Thanks, Senator Reed Smoot * - LamarFrazier MU - 4/2 22:46:56

More people on welfare will be great for government - TigerMatt STL - 4/2 23:02:58

But the new "merit" initiative solves that. - LamarFrazier MU - 4/2 23:04:17

you have to add the VAT tax rate they charge - tigerinhogtown STL - 4/2 22:32:31

The VAT is charged dometically too - LamarFrazier MU - 4/2 22:34:36

yes it is but it still acts as an increase to the cost of - tigerinhogtown STL - 4/2 22:54:01

So all these countries should demand the US end sales taxes - TigerMatt STL - 4/2 23:04:12

that is there choice(nm) - tigerinhogtown STL - 4/2 23:33:51

It increases the price for everyone - LamarFrazier MU - 4/2 23:02:42

a tariff "increases the price for everyone" - tigerinhogtown STL - 4/2 23:32:36

LMAO.. so you think retailers will swallow cost increases? (nm) - TigerMatt STL - 4/2 23:43:22

no, it increases the cost for everyone - tigerinhogtown STL - 4/3 02:44:21

Krugman - Spanky KU - 4/2 22:31:16

Actual tariff on China will be 79%? (link) - LamarFrazier MU - 4/2 22:20:45

Krugman, LMFAO. Why do they have any tariffs at all and why - MUTGR MU - 4/2 22:20:09

Answer: A massive American appetite for cheap goods. - LamarFrazier MU - 4/2 22:23:25

A 3% tariff warrants a 20% tariff? - LamarFrazier MU - 4/2 22:21:30

I don't accept at face value the premise of your link - MUTGR MU - 4/2 22:27:44

So you're going to get back at them by paying more - Seagull MU - 4/2 22:34:27

Well, follow the logic. With our trade imbalances, who - MUTGR MU - 4/2 22:48:36

So fix the trade imbalance by making Americans pay more so - TigerMatt STL - 4/2 22:59:55

I'd say brilliant is this faux "fair trade" pretending we've - MUTGR MU - 4/2 23:08:06

Congrats on buying your $60k Ford Fiesta* - LamarFrazier MU - 4/2 23:25:19

Which will price people out of the market causing more job - TigerMatt STL - 4/2 23:35:32

That’s capitalism. Are you against capitalism?(nm) - TigerMatt STL - 4/2 23:13:33

If capitalism is about pretending there is "free trade," - MUTGR MU - 4/2 23:16:22

Capitalism is about squeezing out as much surplus profit - TigerMatt STL - 4/2 23:28:46

Right, like all the keystone pipeline workers were fired - MUTGR MU - 4/2 23:38:07

This isn’t about some tiny area of the economy. We are - TigerMatt STL - 4/2 23:41:06

Send the world economy into the ****ter to own the libs!(nm) - LamarFrazier MU - 4/2 23:07:15

The goal, I believe, is to bring as much production back - MUTGR MU - 4/2 23:12:42

Pretend all products come back to the US. Labor costs - TigerMatt STL - 4/2 23:32:44

You don't think our economy has benefited from - LamarFrazier MU - 4/2 23:18:02

RE: You don't think our economy has benefited from - THEGROVE68 MU - 4/2 23:34:49

False choice fallacy (nm) - Seagull MU - 4/3 06:29:23

Good post. nm. - MUTGR MU - 4/2 23:42:19

No one wants to buy expensive goods from the US when - TigerMatt STL - 4/2 23:39:59

RE: No one wants to buy expensive goods from the US when - THEGROVE68 MU - 4/2 23:59:37

Sorry, but neocon ideology is a proven failure - Seagull MU - 4/3 06:32:02

Posts like these will be as fun to save as the - AWOLTiger KC - 4/2 23:10:59

But you'll accept Trump at face value? - LamarFrazier MU - 4/2 22:33:42

RE: But you'll accept Trump at face value? - MUTGR MU - 4/2 22:46:10

How about the liberal WSJ Editorial Board? - LamarFrazier MU - 4/2 22:47:46

I at one time subscribed to these quasi libertarian policies - MUTGR MU - 4/2 22:51:48

Is it dark down there - LamarFrazier MU - 4/2 23:04:58

LOL, refusing to pretend is literally the opposite of - MUTGR MU - 4/2 23:10:04

But that is exactly what you are doing with visions of what - TigerMatt STL - 4/2 23:42:17

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