Without an opinion on the actual claim here (although I'm skeptical of a claim of 96%, given the relatively moderate inflation in the US in 2025), I think this quote by itself (first bullet point of the abstract) should disqualify this as a serious analysis - no academic paper uses this language, only biased think tanks, and the fact that it's a German think tank doesn't change that.
American importers and consumers bear the cost of 2025 tariffs: analysis
371–380 of 814 posts
Re: American importers and consumers bear the cost of 2025 tariffs: analysis
#372Earlier quoted context omitted.
The issue is that the EU and China are not structured to rely on internal consumption. We just cannot buy everything we produce. Fixing that would require years of carefully managed policies and at least for the EU, I've lost confidence that the national governments can work well-enough together to manage such a project. The rest of the world is in a similar situation, so it will be fun times until things settle, hop…
Why someone needs to consume the stuff produced?
Re: American importers and consumers bear the cost of 2025 tariffs: analysis
#373Almost all the comments acting like this is some truth bombshell, like people in trumpistan all thought raising tariffs magically made the us economy better. This is a straw man, no? Tariffs are a mid-long term strategy to encourage onshoring business, for reasons including military, national security, and political influence on foreign powers. This is a complicated topic involving the global economy and evolving int…
Trump has said many times, including as recently as last month, that tariffs will make so much money we can get rid of the income tax.
This suggests that the man is not thinking coherently on the subject.
Re: American importers and consumers bear the cost of 2025 tariffs: analysis
#374Earlier quoted context omitted.
Then it was a big win for Putin and his agent in the White House.
Ive done a lot of analysis on the Trump as Putin agent topic. I found he nearly as often acts agents Russia as with. What's more likely is he treats Putin as an inspiration, wrt to converting the country to an oligarchy and offshoring national funds for himself.
Re: American importers and consumers bear the cost of 2025 tariffs: analysis
#375Earlier quoted context omitted.
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
#376Almost all the comments acting like this is some truth bombshell, like people in trumpistan all thought raising tariffs magically made the us economy better. This is a straw man, no? Tariffs are a mid-long term strategy to encourage onshoring business, for reasons including military, national security, and political influence on foreign powers. This is a complicated topic involving the global economy and evolving int…
This means that to the subset of HN crowd that don't have alternate sources of political news, this indeed looks like a bombshell.
Re: American importers and consumers bear the cost of 2025 tariffs: analysis
#377Earlier quoted context omitted.
One of the main reasons we end up with populist leaders who make decisions not in the interest of their population, but in service of their own pursuit of power, is social media and the attention economy. If people stopped spending hours each day scrolling through Instagram, TikTok, and Facebook feeds, media incentives would change. Journalism would become more thorough and responsible, rather than optimized for outr…
Why did you feel the need to use an LLM to compose this comment?
Re: American importers and consumers bear the cost of 2025 tariffs: analysis
#378Earlier quoted context omitted.
Chinese exporters and the Beijing government absorb most US tariffs rather than passing them fully to American consumers. Commerce Secretary, Howard Lutnick: “The model is clear: 10% tariffs or less are paid by the manufacturers, the distributors, the businesses,” he said. “The consumer doesn’t pay. The consumer doesn’t pay because the seller doesn’t want to raise prices, because if they could, they would, but they d…
The article we are commenting on literally says 96% is paid for by Americans. Do you have a reason to accept Lutnick's position?
Why am I not paying substantially more year over year for the wide variety of things I purchase?
Re: American importers and consumers bear the cost of 2025 tariffs: analysis
#379Earlier quoted context omitted.
I have a friend who works with american tourists visiting europe, mostly older folks, mostly to religious sights. They are, for the vast majority, indoctrinated beyond any chance of reasonable change of opinion. Talking with him makes _me_ worry about my own beliefs, because if these people can be so blind, maybe I am too.
The Americans visiting Europe are a sample very skewed towards sanity due to their socioeconomic situation and interest in history/culture. So this is either not true or highly troubling.
Don't be so sure.
Re: American importers and consumers bear the cost of 2025 tariffs: analysis
#380I'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…
I like the idea of reaching across the aisle. However the divide is no longer the gap of a few feet. It’s a different world, with different rules.
I just checked yougov, and Trump has an 88% approval rating amongst Republicans.
https://today.yougov.com/topics/politics/trackers/donald-tru...
Do check, since one hopes I erred in reading the chart.
The victory of Trump is mostly the same process that gave the UK Brexit.
Just people acting based on the information they are being provided. If the other side is filled with feckless buffoons, and every source of news you have is telling you the same thing, then what else will someone do?