The reference/response wasn't about pass-through of the full tariff. It was about your false statement that American Companies don't pay the tariffs....they most certainly do.
Perhaps turn the channel from Fox to the business channel to understand what's behind it and why this is not the strong report you are being led to believe it is .
Quoting them and understanding the reasons behind them are two very different things.
Yes, it does make sense for foreign manufacturers to build here in the U.S. - assuming the U.S. is a big consumer of what they manufacture (e.g. Subaru Outback). We are a very big market to sell to and thus generate a LOT of sales.
Yep, beat expectations by a fair amount. Dems won't like most of this link but will latch on tight to the end of it, lol.
The trouble is the raw materials they need are tariffed at a very high rate making production expensive. US auto makers can bring their parts in at a very low tariff. Businesses need to be assured of a stable environment before committing to huge investments. I think a lot of businesses are betting these tariffs don't last that long.
How are foreign companies going to invest in the US if they absorb the cost of the tariffs? Investment comes from profit and requires a return. You must keep in mind that the break-even point is not zero. It's the going rate for T-bills. Any ROI must exceed the T-bill rate. Nobody risks billions of dollars on lengthy projects that return 3% when they can simply buy T-bills and earn 4%.
It's not important what Dems say just as it is not important what Republicans say. Both will spin it to their political advantage. Economists are saying this is not what it appears to be on the surface given the unusual situation with 1Q imports. Consumer spending was weak and Core GDP was also weak. The markets are less than impressed.
It is up to the market to bring back the jobs. Trump has simply opened the door.
Apparently I was not very clear in what I said given you totally missed the point. What jobs is Trump opening doors to by tariffing sugar, coffee, tea, bananas, cheap toys, kitchenware etc?
Opening the door would be offering rapid approval and some tax abatements. And the door wasn't closed, anyway. Trump is making threats, which in effect closes the door. You have it backwards.
Taxes are required to pay for government spending.
Taking money from the hard working and giving it to those not working or not paying taxes is not the solution. For that person who works more hours and 2 jobs there should be a reward. For those who refuse to work or work illegally not paying any income tax punishment should be the reward. Not the taking of money away from those working 2 jobs to give to those who refuse to work or work for cash not paying any taxes.
The incentive from a tariff is to give businesses the opportunity to return and/or open and compete.
Either way whether it is a tax or a tariff the American people will have to pay their bills. I rather not tax the hard working taxpayer for working to make more money. I like the idea of having a choice to decide how much I want to be taxed by how much I spend and what on.
Anyone willing to build or grow such goods. The door has been opened and they have been given the opportunity to bring back these industries or start new ones.
Not what my 401k is saying.
OK.....there is more to the report than the top number.
No, it's not. The bulk of Trump's tariffs will be paid by American consumers.
Yes, the economy dipped a bit when Trump was elected President.
Yes, taxes have been increased.
Better how, exactly?
Show your work. What metrics are you using to determine this?
It shrank by .5% in the first.
Stock hit “all time highs” about every two weeks, on average. Not a meaningful phrase.
So you say, but provide no evidence.
Fail.
Only in Q1, when Biden had almost full control.