It’s almost like once inflation settles down a bit, that little 10% price increase POTENTIALLY caused by tariffs ON FOREIGN GOODS will be offset and eventually then some. Let the morons be scared. They’re heavily influenced by their own indecision fueled by their inability to do anything for themselves.
“We allow a lot of farm product into our country. We’re going have to be a little bit like other countries. We’re not going to allow so much — we’re going to let our farmers go to work,”
Tariffs are taxes levied on imported goods, in this case food. Companies that import those goods — whether it be grocery stores that directly import produce or food production companies that import grain, spices, sugar or other raw materials — are responsible for paying those tariffs. Because tariffs increase those companies’ costs, the companies then pass those price increases down to consumers
Coffee, vegetables, fruit + 10% more. how can tariffs work and lower grocery prices, supplement child care and end the fentanyl crisis?
U.S. rice entering China under their tariff rate quota faces a 1 percent in-quota duty in addition to a 25 percent retaliatory duty. In most cases, importers in China may apply to waive the retaliatory duty.
Yes, sir way back in the 20's the 2020's that is ...
In 2023, about 15% of the United States food supply was imported, according to the Food and Drug Administration. Certain categories of foods are imported at high rates, including 55% of the fresh fruit, 32% of the fresh vegetables, and 94% of the seafood Americans eat, according to the FDA.
It’s almost like once inflation settles down a bit, that little 10% price increase POTENTIALLY caused by tariffs ON FOREIGN GOODS will be offset and eventually then some. Let the morons be scared. They’re heavily influenced by their own indecision fueled by their inability to do anything for themselves.
“We allow a lot of farm product into our country. We’re going have to be a little bit like other countries. We’re not going to allow so much — we’re going to let our farmers go to work,”
Tariffs are taxes levied on imported goods, in this case food. Companies that import those goods — whether it be grocery stores that directly import produce or food production companies that import grain, spices, sugar or other raw materials — are responsible for paying those tariffs. Because tariffs increase those companies’ costs, the companies then pass those price increases down to consumers
Coffee, vegetables, fruit + 10% more. how can tariffs work and lower grocery prices, supplement child care and end the fentanyl crisis?
It worked great last time when China was buying American rice for fucks sake. I guess you were still wet behind the ears back then.
U.S. rice entering China under their tariff rate quota faces a 1 percent in-quota duty in addition to a 25 percent retaliatory duty. In most cases, importers in China may apply to waive the retaliatory duty.
Yes, sir way back in the 20's the 2020's that is ...
https://www.usarice.com/news-and-events/publications/usa-rice-daily/article/usa-rice-daily/2020/10/27/first-commercial-shipment-of-u.s.-rice-unloads-in-china#:~:text=U.S.%20rice%20entering%20China%20under,to%20waive%20the%20retaliatory%20duty.
In 2023, about 15% of the United States food supply was imported, according to the Food and Drug Administration. Certain categories of foods are imported at high rates, including 55% of the fresh fruit, 32% of the fresh vegetables, and 94% of the seafood Americans eat, according to the FDA.