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American importers and consumers bear the cost of 2025 tariffs: analysis

kielinstitut.de

231–240 of 814 posts

Re: American importers and consumers bear the cost of 2025 tariffs: analysis

#231

Earlier quoted context omitted.

I don't buy this - Harris had a big bump in the polls as soon as she entered the race and I think she could have won if she had offered voters anything . This bullshit that American's won't vote for a woman is just an excuse not to run women and to deflect blame towards a culture war issue and away from the fact that the democrats don't actually have popular policies. I voted for Harris, I even canvased for her, but…

Harris was shitcanned post haste when she actually primaried, so the party already knew she was non-viable. She got put in as VP as the best token non-white woman from a large population state they could shove in there and then Democrats got caught with their pants down because they hid Biden's physical state past the point they could have an actual primary to vet the proper candidate. The fact Biden said he wouldn't…

A third-party vote is a vote for Trump.

Re: American importers and consumers bear the cost of 2025 tariffs: analysis

#232

Earlier quoted context omitted.

I don't buy this - Harris had a big bump in the polls as soon as she entered the race and I think she could have won if she had offered voters anything . This bullshit that American's won't vote for a woman is just an excuse not to run women and to deflect blame towards a culture war issue and away from the fact that the democrats don't actually have popular policies. I voted for Harris, I even canvased for her, but…

Harris was shitcanned post haste when she actually primaried, so the party already knew she was non-viable. She got put in as VP as the best token non-white woman from a large population state they could shove in there and then Democrats got caught with their pants down because they hid Biden's physical state past the point they could have an actual primary to vet the proper candidate. The fact Biden said he wouldn't…

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Re: American importers and consumers bear the cost of 2025 tariffs: analysis

#233

Earlier quoted context omitted.

A lot of Americans believed the guy they wanted to believe in, because they didn't want to believe the people they didn't want to believe in. You're assuming that modern politics across most of the World has something to do with rational, logical thought. Russia, China, Europe, the US, the Middle East - they are all in a quagmire of irrational fractures between the public and the political classes who want power/cont…

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I know women in NYC who voted Trump because they believed Harris was not tough enough to handle the geopolitical stage. I know Puerto Ricans and Dominicans who voted Trump because they believe they are being replaced by a wave of new immigrants who will vote Democrat. My friends, an interracial couple who voted democrat, voted Trump because the schools were going to give their kids hormone pills without their consent.

The amount of crazy and not so crazy shit I hear for voting for this idiot is incredible. Though the Dems do themselves no favors either.

Re: American importers and consumers bear the cost of 2025 tariffs: analysis

#235

Earlier quoted context omitted.

I don't buy this - Harris had a big bump in the polls as soon as she entered the race and I think she could have won if she had offered voters anything . This bullshit that American's won't vote for a woman is just an excuse not to run women and to deflect blame towards a culture war issue and away from the fact that the democrats don't actually have popular policies. I voted for Harris, I even canvased for her, but…

> that the democrats don't actually have popular policies. Democrat policies polled better than Republican policies at the last election.

Its more accurate to say that leftist policies polled well, which they always do. I think the main issue is that people don't really trust democrats to do anything they say they want to do.

Re: American importers and consumers bear the cost of 2025 tariffs: analysis

#236

I'm glad they've done the work here and put a figure on it - the impact absolutely needed to be quantified - but I also have to say... to the surprise of absolutely no-one with even the most basic grasp of how economies function. People, lots of people, lots of people who have a really deep understanding of national and global economics (unlike me), have been warning about this since talk of tariffs became common cur…

to the surprise of absolutely no-one with even the most basic grasp of how economies function.

No, it is surprising, as noted in the article, because basic economics suggests that suppliers will adjust pricing, and eat some of the tariff to keep their products competitive. Page 5:

This finding was initially surprising to some observers. Standard economic models suggest that the incidence of a tariff depends on the relative elasticities of supply and demand. If foreign exporters face highly elastic demand (meaning buyers can easily switch to alternatives), they might be expected to absorb part of the tariff to remain competitive.

Re: American importers and consumers bear the cost of 2025 tariffs: analysis

#237
post #124
post #48

In India, every tax imposed on a business goes straight to consumer. The consumer receipt even mentions some of those taxes item-wise. I thought American consumer also might see this on their shopping receipts? Who thinks businesses would swallow taxes?

> In India, every tax imposed on a business goes straight to consumer. The consumer receipt even mentions all those taxes item-wise. As someone in India, this statement is incorrect. There are no consumer receipts in India that show the import duties (which is what tariffs are) as an amount or as a percentage. There are plenty of goods sold in India that are imported, duty paid, and the costs are passed on to the con…

I was looking at GST and other state taxes etc, that are simply passed to customer. Anyway, the whole point of tax on sales is that, the business would pay the tax out of its pocket without burdening the consumer. But that is blatantly and openly violated.

Re: American importers and consumers bear the cost of 2025 tariffs: analysis

#238

Earlier quoted context omitted.

Also worth noticing the size of these countries. Mostly on the small/tiny side, besides Norway (an oil exporter) and Ireland (a corporate tax haven) Perhaps making good economic decisions grows exponentially in difficulty with the population size, especially for “conventional” economies that do not have another cash cow.

I can’t help but notice the absence of a “how shitty is this country for the average person” dimension. E.g. which of these countries has any kind of youth culture to speak of?

Ireland, but the worsening economic inequality is wearing away at the edges of it from what I could tell on my last visit.

Re: American importers and consumers bear the cost of 2025 tariffs: analysis

#240

Earlier quoted context omitted.

Tariffs could make sense economically, but even in that case, they would "hurt consumers", because that's the whole point - address the imbalance between consumption and production currently being made to add up with constantly increasing debt. If you were going to do that though, it would be more like a 10-20% blanket tariff on all goods. No exceptions, no special deals, and you can't use tariffs as a negotiating to…

Or you can use tariffs in a highly targeted way to try defend certain domestic industries from foreign competition. But as is common with this administration, they're doing everything in the dumbest and least productive way possible.

Yep you're right, that would be another possible legitimate (sort of) use of tariffs. Make the case that (for example) steel production is a vital national interest which must be defended even if it results in higher steel prices.

Of course it will result in higher prices, that's the point, but also the part politicians aren't too keen to spell out

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