Walmart warns of higher prices if Trump implements proposed tariffs
NRF projected that potential tariffs could cost American consumers between $46B and $78B in annual spending power.
Tariffs will cause consumer prices of goods and services to increase. This is not as good as many are led to believe, yet another
"Mexico will pay for the wall" = "A tariff will end the fentanyl crisis"
~bring on the hate. know its true - tariffs don't work
You are a fucking retard is what you are. The United States up until 1913, paid all of its fucking bills using tariffs. It can do the same exact thing again. Get rid of income tax and tariffs don't hurt, period. Sit the fuck down dude.
To be fair: we could do that then because we were mostly self reliant. Prices of Chinese junk will be raised for sure, but we also probably dont need it.
That said we need this pain to bring manufacturing home or to decentralize chinese control. I can do without most chinese things.
When you watch a movie or news reel from the pre 80s eras, middle class people and maybe even poor people have better cloths (in material quality and construction) than we do today. Food was better. People were healthier.
Cheap Chinese sh1t obfuscates how poor we are. Wealthy people do not need to purchase made in China sh1t.
Getting rid of income taxes (FIRST) will make that pain worth it.
You can also choose what is eligible for tariffs and what isn't.
Trump could for example state that core tech products (silicon-based products, CPUs, GPUs, etc.) aren't eligible because there is no feasible way to get fabrication here in a reasonable amount of time.
Or, for example, Trump could set terms of an agreement e.g. they use a certain percentage of American labor-sourced materials for exemptions.
With the elimination of income tax, tariffs can be applied a lot of ways to drive better trade deals for us and pull some manufacturing back to the U.S.
It's a good idea..if the citizenry isn't fucked with the burden of income tax on top of them.
Agreed. I am for Tarrifs, but there is at least going to be some short term pain and we need to drive incentives to bring manufacturing back here to the U.S and alleviating tax burden would help survive it. Hopefully Trump has a handle on all of this so I am not too worried.
Walmart just leveled with Americans: China won’t be paying for Trump’s tariffs, in all likelihood you will.
https://www.foxbusiness.com/lifestyle/walmart-warns-higher-prices-trump-implements-proposed-tariffs
Walmart warns of higher prices if Trump implements proposed tariffs NRF projected that potential tariffs could cost American consumers between $46B and $78B in annual spending power.
Tariffs will cause consumer prices of goods and services to increase. This is not as good as many are led to believe, yet another
"Mexico will pay for the wall" = "A tariff will end the fentanyl crisis"
~bring on the hate. know its true - tariffs don't work
You are a fucking retard is what you are. The United States up until 1913, paid all of its fucking bills using tariffs. It can do the same exact thing again. Get rid of income tax and tariffs don't hurt, period. Sit the fuck down dude.
To be fair: we could do that then because we were mostly self reliant. Prices of Chinese junk will be raised for sure, but we also probably dont need it.
That said we need this pain to bring manufacturing home or to decentralize chinese control. I can do without most chinese things.
When you watch a movie or news reel from the pre 80s eras, middle class people and maybe even poor people have better cloths (in material quality and construction) than we do today. Food was better. People were healthier.
Cheap Chinese sh1t obfuscates how poor we are. Wealthy people do not need to purchase made in China sh1t.
Yes, so true.
Getting rid of income taxes (FIRST) will make that pain worth it.
You can also choose what is eligible for tariffs and what isn't.
Trump could for example state that core tech products (silicon-based products, CPUs, GPUs, etc.) aren't eligible because there is no feasible way to get fabrication here in a reasonable amount of time.
Or, for example, Trump could set terms of an agreement e.g. they use a certain percentage of American labor-sourced materials for exemptions.
With the elimination of income tax, tariffs can be applied a lot of ways to drive better trade deals for us and pull some manufacturing back to the U.S.
It's a good idea..if the citizenry isn't fucked with the burden of income tax on top of them.
Agreed. I am for Tarrifs, but there is at least going to be some short term pain and we need to drive incentives to bring manufacturing back here to the U.S and alleviating tax burden would help survive it. Hopefully Trump has a handle on all of this so I am not too worried.
👆 This.