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  1. El OchoCinco

    Trump Supproters - Defend Trump's Understanding of Tariffs

    FOX https://www.newsweek.com/fox-news-confronts-trump-official-false-claims-china-tariffs-1452495
  2. El OchoCinco

    Trump Supproters - Defend Trump's Understanding of Tariffs

    American Institute for Economic research https://www.aier.org/article/trumps-tariffs-did-nothing-to-boost-the-steel-industry/?gclid=Cj0KCQjw4dr0BRCxARIsAKUNjWQ2yGE-UH8qiXFvy8T0tBU485rrVKzqu7q1j5y66paW-PHzBiDThVgaAsdTEALw_wcB
  3. El OchoCinco

    Trump Supproters - Defend Trump's Understanding of Tariffs

    Americna Action Forum https://www.americanactionforum.org/research/the-total-cost-of-trumps-new-tariffs/
  4. El OchoCinco

    Trump Supproters - Defend Trump's Understanding of Tariffs

    Tax Foundation Key Findings We estimate that the Trump administration’s imposition of tariffs, along with retaliatory actions taken by our trading partners, will reduce economic output, income, and employment. The Trump administration has so far imposed nearly $80 billion worth of new taxes on...
  5. El OchoCinco

    Trump Supproters - Defend Trump's Understanding of Tariffs

    Look...this thread had a clear title but even that gets muddied here.... Trump got up there and sold a bag of goods to you all that China is paying billions in tariffs to the U.S. treasury and you all bought because of a lack of understanding of basic ecnomics or international trade. PERIOD...
  6. El OchoCinco

    Biden 2020

    AOCis going to do more damage than Bernie and then on November 5th I want to see all the love she gets haha...
  7. El OchoCinco

    Trump Supproters - Defend Trump's Understanding of Tariffs

    China paying how....my God never mind..cannot argue with stupid. Show me proof that Trump is correct when he says China is paying billions into the U.S. treasury. I will wait..... crickets...
  8. El OchoCinco

    Trump Supproters - Defend Trump's Understanding of Tariffs

    All he has said for a year and a half is China is paying billions in tariffs. There has been no action to do anything more than slap on tariffs and believe that because he is Trump Xi will just bend over and agree to change their system. Trump still sucks XI's dick "China has been working very...
  9. El OchoCinco

    Trump Supproters - Defend Trump's Understanding of Tariffs

    Look.... I understand that i need to dumb this down for you The thread is about the stupidty of your President making a claim a high schooler knows is false. Such stupidity that it is not a method that works. If you think Trump cannot be bought then you are naive. I can list 10 other methods...
  10. El OchoCinco

    Trump Supproters - Defend Trump's Understanding of Tariffs

    Oh and china was beginning to outsmart U.S. by moving portions of the supply chain to other countries to avoid the price affect of the tariffs and its final sales. Bottom line, we are already in bed with China so hurting the U.S. importers is not the way to deal with this. Develop incentives...
  11. El OchoCinco

    Trump Supproters - Defend Trump's Understanding of Tariffs

    I like making a big deal how stupid that the President says something wrong and you all swallow with both hands on the shaft. Several studies have shown U.S. consumer has paid higher prices and the US Chamber of Commerce as asked Trump to suspend tariffs for 90 days to give them financial...
  12. El OchoCinco

    Trump Supproters - Defend Trump's Understanding of Tariffs

    Chinese firms with few non-Chinese competitors will feel little pressure to adjust, leaving the tariff burden to the U.S. buyer. In textbook terms, these firms face a low price elasticity of demand.
  13. El OchoCinco

    Trump Supproters - Defend Trump's Understanding of Tariffs

    I love all these posts coming in and still no one refutes the well known economic and trade principal that the importer pays the tariff. Something taught in Economics 101 yet unkonw by 99% of the Administration or those that do know are too afriad to speak up and get fired - seriously....no...
  14. El OchoCinco

    Trump Supproters - Defend Trump's Understanding of Tariffs

    Chinese goods are cheap compared to American products that even with the tariff, importers absorbed the cost and prices remained stable. You think tariffs on Chinese parts made a difference? Caterpillar still imported parts from China to make their tractors but paid 15% tariff on those parts...
  15. El OchoCinco

    Trump Supproters - Defend Trump's Understanding of Tariffs

    If you take all that you just wrote and read it 4x...guess what...it IS NOT FUCKING CHINA paying. You are going on about what the effect could be blah blah blah... but the importer pays the tariff as soon as the good touch the shore...NOT FUCKING CHINA. Tariffs are collected at the port of...
  16. El OchoCinco

    Trump Supproters - Defend Trump's Understanding of Tariffs

    Corporate America had been putting increasing pressure on the White House to consider tariff relief as it explored ways to support the economy, and was pleased that the Trump administration was moving in that direction. I think of this as a financial measure more than a trade matter John Murphy...
  17. El OchoCinco

    Trump Supproters - Defend Trump's Understanding of Tariffs

    “I think our tariffs are very good for us,” he told reporters on the way to Air Force One before flying to the G-7 Summit in France. “We’re taking in tens of billions of dollars. China is paying for it.
  18. El OchoCinco

    Trump Supproters - Defend Trump's Understanding of Tariffs

    We’re taking in tens of billions of dollars, we're giving some of the money to the farmers. I'm making the farmers more than whole. The farmers are doing better than if China, frankly, were buying," Trump said. WRONG - and you all bought it.
  19. El OchoCinco

    Trump Supproters - Defend Trump's Understanding of Tariffs

    Tariffs are taxes on goods coming in to the U.S., paid by the importer. The exporter — in this scenario, China — doesn't pay a thing
  20. El OchoCinco

    UN Secretary-General rebukes Trump over plans to halt funding for WHO amid coronavirus pandemic

    i agree, it can serve a real purpose for global health issues ( improving child care in Africa, reducing obesity in poor countries with no nutritional standards etc..) But let them get funding from other stooges.
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