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this post was submitted on 29 Apr 2025
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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
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.
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!
Now now, this doesn't help anyone. Agree with the the informational content of what you said though.
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.
China can also redirect their exports and imports whcin are they are already doing.
Soybeans from BR for example.
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.
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.
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.
145% tariff is effectively a trade embargo. The only good that will be imported are of strategic nature... Ie medical supplies.
People will have either substitute or out right forgo consumers goods.
As I noted above I dont even disagree that end customer will eat part of the cost. My thesis is that we got brain dead normies running around repeating the cropotate thesis:
When the nuance is brought to light, the normie has a melt down. You can check my comment history. this ain't the first thread.
I don't under why modal Lemmy is so opposed to the concept that this will hurt corpos profits first.
Let's imagine that it does hurt corporate profits first. Will they survive? Probably the big ones, might be a bit harder for little ones. So the world keeps turning, right? But like you said the end customer will eat some of the costs, so we agree that prices will go up in the end.
Where's the upside? More money funneled into the government? Paid by the increased prices for the consumer, or some dips in corporate profits?
I'm not sure that's a win for the ~~consumer~~ normies.
US is good sufficient and mostly energy sufficient although we have oil mix and refining capacity mismatch.
The win is they will consime less plastic trash while paying higher prices for goods that they actually need. Less trash, they will value more of what they buy.
For me personallly, seeing these corporate proift wiped is enjoyable after half a decade of price gouging.
Second hand markets will get a boost too.
But the bigger point I am making is how idiots are shilling corporate agenda they internalized it so strongly to where it turns into melt downs
I'm not sure who you mean is shilling for corporations, but that's certainly not the vibe I got from most of this thread.
It would be nice to see corporate profits wiped, especially after so much price gouging we've had to endure.
But why do you think that gouging will stop?
I am positting that price gouging has already hit peak and tariffs will limit corpos ability to price gouge.
They barely pay income taxes, they will pay have to pay some of these tariffs from their profits at the very least. A suggestion that led to the melt down in this thread from mean Lemmy.
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.
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?
Sales tax is applied at the point of sale on the end customer. It does not go into cogs. Corpo consuming goods or service themselves would go into GA
I’m trying to understand this magical world you live in. What is still being determined?
You are assuming US customers will just keep consuming same shit and pay higher prices 100%?
Have you never heard of substitution tactics s or just forgoing discretionary spending
Y'all got some warped view of how consumption "must happen" and "can't be changed"
It is a reshuffle. People and businesses will make adjustments.