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Bernardo de La Paz

(51,432 posts)

14. Say: "China doesn't pay any tariff at its border for exports. Once they leave port they are done.

Sat Nov 2, 2024, 07:24 PM

Nov 2

Explain it this way: "China doesn't pay any tariff at its border for exports. Once they leave port they are done. The US company importing pays the tariff at the US dock to the US government. That raises your cost. You have to raise your price. What does raising your price do to your sales volume?"

And then "Or you can pay the extra cost but leave your price the same. What does that do to your profit?"

And finally "So either your customer pays extra and sales go down so your profit goes down or you pay the extra and your profit goes down that much. So either you and your customers both pay or you pay it all."

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Highlight:

Live look at a guy who imports shirts finding out that he'll be the one paying Trump's tariff [View all] Nevilledog Nov 2 OP

That moron finally gets it, but will vote for the bloated orange anyway stumpysbear Nov 2 #1

He still doesn't get it. He thinks he'll just pass it on and get the same income from his shirts. Scrivener7 Nov 2 #2

right. comprehending price elasticity is more likely with chimps than these dolts splunge63 Nov 2 #3

Or that if he doesnt sell them, he will eat the tarrif payment getagrip_already Nov 2 #8

And sweetie, you're the consumer. nolabear Nov 2 #4

I learned in grade school FuzzyRabbit Nov 2 #5

Yeah and there's nowhere at all to look that up! Iris Nov 2 #6

How long will it take duncang Nov 2 #7

When i was a kid, there was something called a fair trade tax.... getagrip_already Nov 2 #9

He still doesn't get it Deminpenn Nov 2 #10

I go out of country duncang Nov 2 #11

These people have never been out of the country. vanlassie Nov 2 #12

"The consumer foots the bill." markodochartaigh Nov 2 #13

Say: "China doesn't pay any tariff at its border for exports. Once they leave port they are done. Bernardo de La Paz Nov 2 #14