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Trump: China is now paying us great tariffs

SonOfDaedalus

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I'm listening to his gibberish press conference. I must admit he's good at spouting out gibberish passionately. He's like a fast-talking used car salesman.

Sadly, our great leader is confused about how tariffs work. China does not pay any tariffs. American citizens pay tariffs. We are being led by an idiot.

Oh, it's not the first time Trump said this.

President Trump is vowing that his latest round of tariffs will help win a trade war, adding that China is "now paying us billions of dollars in tariffs."

https://www.cbsnews.com/news/trump-tariffs-on-china-who-pays-tariffs-fact-check-billions-statement/
 
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Rexedgar

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I'm listening to his gibberish press conference. I must admit he's good at spouting out gibberish passionately. He's like a fast-talking used car salesman.

Sadly, our great leader is confused about how tariffs work. China does not pay any tariffs. American citizens pay tariffs. We are being led by an idiot.

‘Military version’ of eminent domain?
 

Airyaman

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I'm still undecided as to whether or not he knows how tariffs work, or if he just thinks his supporters don't.
 

Grokmaster

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I'm listening to his gibberish press conference. I must admit he's good at spouting out gibberish passionately. He's like a fast-talking used car salesman.

Sadly, our great leader is confused about how tariffs work. China does not pay any tariffs. American citizens pay tariffs. We are being led by an idiot.

Oh, it's not the first time Trump said this.



https://www.cbsnews.com/news/trump-tariffs-on-china-who-pays-tariffs-fact-check-billions-statement/

Finally figured out how taxes work, huh?

All the "TAX THE CORPORATIONS" efforts, are paid by whom?

The point is to hurt China's total exports numbers...and it is/wll.

Why does TDS force leftists to SUPPORT UNFAIR TRADE PRACTICES AGAINST THE US, by China and others, calling the President's confronting of them him "causing a trade war", by rectifying inequities against the United States?
 

markjs

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I'm listening to his gibberish press conference. I must admit he's good at spouting out gibberish passionately. He's like a fast-talking used car salesman.

Sadly, our great leader is confused about how tariffs work. China does not pay any tariffs. American citizens pay tariffs. We are being led by an idiot.

Oh, it's not the first time Trump said this.



https://www.cbsnews.com/news/trump-tariffs-on-china-who-pays-tariffs-fact-check-billions-statement/

Well truth isn't truth now, remember that!

Also his lawyer was convicted for a non crime, and all the lying about Russian contyacts was just for no reason, it was all innocent of course, no collusion!:roll:

Obummer tapped his phones too. Seems like the guy should take up pot smocking, might calm him down
 

D_NATURED

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I'm listening to his gibberish press conference. I must admit he's good at spouting out gibberish passionately. He's like a fast-talking used car salesman.

Sadly, our great leader is confused about how tariffs work. China does not pay any tariffs. American citizens pay tariffs. We are being led by an idiot.

Oh, it's not the first time Trump said this.



https://www.cbsnews.com/news/trump-tariffs-on-china-who-pays-tariffs-fact-check-billions-statement/


He only has to convince/confuse his base. They are the minority upon which his corruption relies.
 

SonOfDaedalus

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All the "TAX THE CORPORATIONS" efforts, are paid by whom?

Corporate taxes are paid by corporations. It's not the same as a tariff which is paid for by consumer directly.

You're claiming that corporations will pass on the cost to the consumer but that's not necessarily true. Raising your prices doesn't necessarily raise your profits. It makes no sense to raise your prices to offset an increase in taxes. If I'm selling my candy at $0.99 I chose that price because of market and psychological reasons. I believe that price point will maximize my gross profits. Lowering or raising my price will hurt profits. So raising prices won't offset the higher taxes on my profits.

I hope your brain doesn't hurt from all this knowledge I poured into it.
 
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