Thing is, we’ve seen it at least a few times. Nintendo, for instance, did not increase the Switch 2 price. Many companies are afraid of adding a “tariff tax” label on goods.
I personally don’t understand it. What I’ve heard is that part of the issue is when companies are in many fields, the government could choose to retaliate on any of them. Reject their H1B visas when they set higher product prices, for instance.
It’s amazing is how they also talk about the profit motive being king… but then toss that out the window when they think they are like old school overlords demanding tribute from their underlings…
Cost to US consumer is $0? What kind of economy would that be lmao
The economy of US propaganda where the US is so strong and either loved or feared and such an important market that everyone from all other countries will bow to them and ignore making a profit to appease the mighty Murica, because they are simply the greatest in the world.
Not to be confused with reality, where most of the world hates the US.
American Exceptionalism!
I saw a similar thing in Britain during the Leave Campaign - lots of arguments of the “when we’re out the EU will give us most of the rights members have, but without the obligations” kind, anchored only on British Exceptionalism, and enough people fell for it that Leave won.
Nationalist Delusions Of Grandeur is on hell of a drug.
The UK already had that when they were in, but that was apparently not a good enough deal for them.
These people don’t understand that people in other countries are full human beings that don’t worship at the altar of american exceptionalism
both ARE true.
My bro in law sells boba tea supplies from Taiwan to all your favorite boba tea stores.
He had a container that he was about to send but cancelled it because his margin is less than 10% and his stores he supports also runs a lean margin.
Last week he decided to close one of his warehouses in Portland, letting go of 20 people and a few hundred stores that depend on him.
When asked why he doesn’t just up the price, he said that if he did, the mass majority of the stores he supports won’t make it and the Oregon warehouse is barely breaking even.
Funny thing about him is that he sat out this election and now he regrets it.
Funny thing about him is that he sat out this election and now he regrets it.
ouch, this always hurts. I choose to still have empathy with him, even if he did make a extremely stupid decision.
Funny thing about him is that he sat out this election and now he regrets it.
what, like Oregon could’ve gone 70% democratic instead of 55%?
He is registered in the outskirts of Clark County in NV. His vote counted there.
His vote WOULD HAVE counted there, HAD THEY BOTHERED.
Emphasis mine.
I have less than zero sympathy for your BIL.
tell him some random asshole on the Internet hopes he feels like a fucking idiot for the rest of his miserable life.
Tbh I hope this does kill sales of Amazon trinkets. I want less shit in stores. I’m assuming they operate on margins such that it might be possible to kill them. But it also might just kill all well-made items. Time will well.
Well-made items have razor thin profit margins too, the only items that survive this are the ones where your money was going into the owners pocket instead of wages, materials, or anything that improves the quality of the product; cheap products with high price-tags.
I mean Sony and Humble Bundle do actually push those price increases onto others. They maintain their prices in the US, but raise them in Europe. A Humble Bundle subscription now includes IGN??? I’m sure there are other examples.
The logical thing to do is of course boycotting the companies that do, but since I’m not their customer there isn’t anything really I can do. Besides I am mostly just pirating stuff these days. Being able to afford food is somehow more important.This person very clearly understands what is happening, hence the second sentence. It’s just phrased in a way to not immediately cause magas to engage in their rejecting of reality at the site of criticism.
I think more people need to approach it like this. Human’s minds are designed to think with their group and resistant to change. If you actually want to change minds, insults and accusations will immediately put them into fight mode and they will defend their ideology. But if you don’t attack their ideals and approach in a friendly kind of way, it will lead them to questioning their leader’s choices. It’s hard, I know. Their leader has made some shoot-themselves-in-the-foot choices and makes their conviction an easy target to attack. Insults and attacks may even be a way of letting off steam, but if you actually want change, it has to be a smart and kinder approach. It won’t be an immediate change, but it will be gradual and large over time.
We tried being reasonable for decades and that didn’t work becsuse they want to believe the propaganda they comsume. We won’t win them over by being kinder. That only works on reasonable people who care about facts.
They can go fuck themselves.
Part of the problem is that our models of knowledge were flawed. The basis was the information deficit model; the assumption was that people were missing data, and that if they learned more they would shift their understanding.
It turns out that this isn’t a good fit for human psychology, but approaches based on it still persist today.
Another problem is a fundamental misunderstanding of world views. People on the left tend to think that equality is a good thing and should be a goal. People on the right do not believe in equality. Not in the sense that they opposed it, they literally don’t believe it is possible. So any attempt to improve the lot of the worst-off is interpreted as an attempt to disrupt the hierarchy, ultimately ending up worse off for themselves. “You’re just jealous and want to be in charge.”
I think that there are communication strategies that can work, but maybe not. Humans have suffered under hierarchy for millennia, and maybe we are too flawed as a species.
It may seem unfair that the left would have to put so much effort into communicating with the right, who doesn’t give a fuck. That’s true, but the forces of hierarchy have had many more centuries to refine their propaganda. And what the left asks is for change and growth, while the right merely asks for a return to the way humans lived for most of civilization: a powerful few getting all the benefits and most of humanity struggling to survive.
It may seem unfair that the left would have to put so much effort into communicating with the right, who doesn’t give a fuck.
It’s about, nay, exactly the same reason why therapy is harder than causing trauma. The good news is that not causing trauma is not as hard as fixing it so it’ll get easier over the generations, the important bit is to find ways to effectively chip away at things.
Looking at the US, and thinking a bit out of the box: Start by de-normalising hitting kids, and don’t shy away from “if you don’t, then they’ll be able to get better jobs” type of arguments. You might think “but but am I not advocating for individualist turbo capitalism like that” – not really. Or at least not in the long term: To make anyone listen you have to simultaneously teach parents how to deal with the little shits in a non-hierarchical way, thus also teaching the kids that that’s possible, making them more prone to act like that once they’re adults. The “think of your kid’s career” part is just the hook, the rest is prefiguring Anarchy. Baby steps but hey you gotta start somewhere.
You’re not wrong, “Being reasonable” can be saying “you are wrong! And here’s why…” and as you said, that doesn’t work. And kindness doesn’t work either. I suggest we be less confrontational when trying to help them understand other views. It’s hard and nuisanced. It’s like saying “I’m not against you, but you’re choices and support are not working the way you think they are”, but in a clever way that isn’t so obvious.
Yeah, fuck these guys that are trampling over human right… but like, I also would like change to happen. Being reasonable and kind isn’t working. Neither is aggression.
And this attitude will only continue to cement their position against reason…congrats, you have fucked yourself
We tried being reasonable for decades and that didn’t work
Inviting the individual while painting them all with a broad brush is not helpful. Individuals can be reached.
You’re right. Addressing the group doesn’t work. So stop doing that.
Wow, your right such a different result of what has and is currently happening… /S fuck those scum they will never change.
Well, i mean, someone has to and i have no other applicants, at the moment.
Truly a sage.
It’s thyme.
Whereas the normal fox news viewers are a bunch of dill weeds.
Very thin ones though
I think that was pretty clear sarcasm. A lot of people hate read/comment on Fox News.
“Build the wall and Mexico will pay for it”
It’s both.
Testing
The headline is a clear indicator that OP doesn’t understand how global trade works.
Chinese companies don’t import goods into US, American companies do… Amazon, Walmart, gap, etc
They serve as an Importer of Record and they pay the tariffs, which squeezes US companies profit marhin first if they chose to continue to import.
Them being able to pass on the tariffs on consumers is TBD…
Sure medical supplies, not much of a choice…
But a lot of this consumption is just brain dead American normie buying plastic Chinese trash. They will have to decide if it is worth for them.
But the idea that US corpo recovering 100% of tariffs on discretionary products is is just corpo propaganda that y’all larping too hard.
Get educated
Them being able to pass on the tariffs on consumers is TBD…
I’m trying to understand this magical world you live in. What is still being determined?
Chinese companies don’t import goods into US, American companies do… Amazon, Walmart, gap, etc
Duh. Exactly what I’m saying. The importer is paying the tariffs, not the exporter.
How about YOU go educated yourself, and while you’re there get fucked lol.
I mean realistically tariffs will be distributed across expoter/importer/purchaser. Simply because tariffs force renegotiations on price.
However, it’s likely that the importer/purchaser will take the larger hit, but it depends on what percentage US orders make of the exporters business and what their margins are.
…and how much that supply can be redirected. Like, say, into an internal market. Which, just hypothetically, their government might incentivise to bolster their image of harbingers of material wealth as well as to piledrive the US into oblivion.
Don’t wish for MAGAts to get fucked! That’s a pleasurable experience and could end up causing a child to happen. We want less of them, not more!
Wish them a very lonely, sad, miserable existence without any love life instead. They deserve that much more!
It aint my dear 🤡
Looks like we have an economic genius here. I think the white house is hiring and you have the perfect profile for the job. Good luck, don’t come back.
You made a factually incorrect assertion on which you were checked.
Think about where you are getting these ideas from
Which assertion did you check? I’m calling you out as a liar, the thing you said is not true. Feel free to correct me by linking the post you claim to have made!
Wrong account?
Nope, different people. Idiot.
What false assertion? I said MAGA still don’t understand they are the ones who will be paying the tariffs, and I’m right. Maybe try Truth Social? I’m sure you would get along with the people there.
My unsolicited advice? Don’t feed the troll any more. Your summary on this post was very clear and understandable, and makes sense. The person you are arguing with is either trolling, being deliberately obtuse, or is just plain stupid. I’m assuming it’s the first of those three options. But who knows.
Yep!
You have a juvenile understanding of the topic and also prepeating propaganda.
Tariff is a tax on corporate profit margin first and foremost.
Any accountant r economist can tell you this.
Managing tariff obligations requires a thorough understanding of the related accounting practices. These costs must be accurately identified and recorded in inventory valuation to ensure financial statements reflect the true cost structure of the business. Adherence to GAAP and IFRS is essential for accurate reporting.
Tariffs can create significant cash outflows, affecting liquidity and necessitating robust forecasting models to predict these impacts. Strategies such as negotiating extended payment terms with suppliers or optimizing working capital can maintain financial stability. Additionally, leveraging tax credits or deductions available under the Internal Revenue Code can offset some tariff-related financial burdens.
https://accountinginsights.org/protective-tariff-example-how-it-impacts-accounting-and-finance/
Sure some of that will likely ended up being “paid by maga”
But skipping the impact on corporate profit is you being either disingenuous or a useful idiot.
What’s the mechanism that makes this sales tax only apply to corporate profits and not all the other costs that go into producing a good or service?
But skipping the impact on corporate profit is you being either disingenuous or a useful idiot.
OP’s point is clearly that maga idiots think exporters (e.g., Chinese companies) pay for tariffs and will gladly do so, because they live in an alternate reality thanks to Fox news. You’re mad that he isn’t pointing out one aspect of actual reality.
I don’t disagree with you in principle. But in practice, at 145%, I don’t see how this wouldn’t turn into an extremely disruptive event for the importing company.
Let’s say, for the sake of argument, that the profit margin on Chinese product A is 150%. Even if, in theory, the whole tariff can be supported by the company, that would be very unlikely to happen, as the YOY results would kill its numbers, leading to lower guidance, falling share prices etc. The more likely scenario is that at least a part of that will be passed on downstream and will eventually lead to higher prices for the consumer.
There are probably US importers out there that got used to making like bandits on cheap Chinese imports topped off with huge profit margins, but how big would those have to be for the company to be able to absorb the impact? 300%? 500%? And even if they’re able, the temptation of passing some of the cost downstream is going to be there. After all, they have the perfect excuse.
As for the Chinese e-commerce giants (AliBaba, Temu etc.) , they don’t even bother, the full tariff costs are applied to the purchase for every US order. So let’s not include those.
Now, I can see you have an above average understanding of economy. Do you disagree with the above? I have been arguing your points in good faith, I hope you’ll offer me the same courtesy.
