MovieChat Forums > Politics > Some folks weren't aware of what tariffs...

Some folks weren't aware of what tariffs were


They didn't know the consumer pays the tariffs. Many were informed when bosses told employees,there will be no christmas bonus this year. The employees were dumbfounded. They believed Trump. oops

reply

yep, tariffs should be banned for all parties for life. Who needs or uses them? am i right?

reply

Democrats made us all used to overpaying for literally everything.

If they eliminate federal income taxes...it won't really matter now, will it?

reply

Trump isn’t even president yet, and he doesn’t get sworn in until next year. Meaning hasn’t even implemented any Tariffs yet. So who are these employees losing their Christmas bonuses?

Also Employees are not consumers, so I’m not sure what you are trying to say.

Tariffs are paid by the importer. What you probably heard is that they might raises prices to compensate for the loss, passing it on the consumer. But if it’s done right, it’s going to force them to move their manufacturing locally, or at least out of the country that is being taxed. Steve Madden is already doing
It.

https://amp.cnn.com/cnn/2024/11/08/economy/steve-madden-china-trump-tariffs

reply

No shit, Sherlock. The whole point is to move manufacturing to the US.

reply

So it begins.

reply