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

kielinstitut.de

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

#601

Post by nikitaga »

lovlar wrote: post #582
nikitaga wrote: post #518

Earlier quoted context omitted.

The main reason for populism is that the incumbent governments do a consistently poor job satisfying their constituents' preferences and interests, so people get desperate to find something / someone different that might work better. Always has been, always will be, social media or not. Example: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4230288 We haven't invented a governance structure yet that would be im…

> "Education" is nice and all, but millions of people keep smoking despite the obvious harm and decades of education I think there’s a missed opportunity for media to make it explicit that by giving their time and attention to these platforms, people are directly generating profit. Way too many assume their involvement has no real effect, but it does. I suspect people would be far less willing to log in if it were cl…

I know all about their business models, yet I couldn't care less how much money Facebook gets from ad clicks. Them making a profit is not directly harming me.

The things that are harming me are a lot more complicated than that, but people don't have the attention span to be educated about such complex issues. It's easier than ever to spread "education" now. The fact that it doesn't stick is not some grand conspiracy – most people simply don't care.

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

#602

Post by lobsterthief »

lingrush4 wrote: post #218
lobsterthief wrote: post #159

Earlier quoted context omitted.

As an American, I wasn’t suspicious at all. I don’t know anyone personally who I think would be, either. Your comment serves nothing but to suggest anew that Americans _should_ be suspicious. Either that was your aim to begin with or you’re okay with that result.

[flagged]

You misinterpreted my statement. OP was suggesting we should be suspicious because it’s from a Germany entity. I am not suspicious specifically due to it being from Germany.

Also, you are extremely ignorant and uneducated yourself. See, I used the same logic you did—knowing nothing about you and calling you uneducated. Feels good, doesn’t it?

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

#603

Post by estimator7292 »

kryogen1c wrote: post #168

Almost 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…

You have correctly identified how tarriffs work, congratulations! You have not correctly identified how the administration thinks they work or how they've told constituents they work.

People do believe this because that's what they were sold. Whether the line they bought has any connection to objective reality is irrelevant.

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

#604

Post by transcriptase »

JohnMakin wrote: post #592
transcriptase wrote: post #459

Earlier quoted context omitted.

They didn’t even have a proper primary with Hillary. She was anointed by the DNC to start and the party itself worked against other candidates any way it could to make sure she “won”. Completely ignoring the fact that she was the opposite of any candidate that might snag a single vote from the republicans, and unlikable among most dem voters themselves. Throw in the fact that they were so convinced of a victory that…

I don't really disagree with this but my opinion is that basically no one is capable of winning a US presidential campaign in the modern era in a matter of ~100 days. The fact Harris was a uniquely bad candidate that weirdly refused to differentiate herself from Biden, just exacerbated that problem. If Biden and his administration had not been so hellbent on hiding his decline and allowed a robust primary process to…

That’s a good point. The fact that the administration and media spent nearly 6 months telling the world not to believe our own eyes did that campaign no favors.

Especially when it became so untenable to continue the lie that they had to implicitly admit to it along with falsely accusing everyone else of misinformation.

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

#605

Post by dyauspitr »

carlosjobim wrote: post #429
dyauspitr wrote: post #241

Earlier quoted context omitted.

Even if it was, the problem is that this is a classic trap where protecting your own market will result in overpriced goods in the home market. We would be paying extravagant amounts for everything. Most other countries wouldn’t have that problem and would result in being stuck in time like a lot of the former Soviet Union.

Why should something be cheaper to produce in China than in the United States or Europe?

Labor laws, PPP and standard of living.

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

#606

Post by rawgabbit »

watwut wrote: post #347
rawgabbit wrote: post #250

Earlier quoted context omitted.

She lost for the same reason Hillary lost. She came across as Marie Antoinette. Oblivious to the anger of the working class. Touting how great the economy was going and ignoring the resentment felt by those who believed the “liberal elite” betrayed them.

Frankly, bullshit. This was not about working class in the slightest. Working class as such supported and voted for democrats. The thing is, women are working class too, not just men. And farmers are frequently effectively rich owners - in unstable business bu owning a lot. This was about all thosw isms and hierarchies we pretended dont exisr anymore.

From https://www.theatlantic.com/ideas/archive/2022/11/democrats-...

“As we move into the endgame of the 2022 election, the Democrats face a familiar problem. America’s historical party of the working class keeps losing working-class support.”

“This year, Democrats have chosen to run a campaign focused on three things: abortion rights, gun control, and safeguarding democracy—issues with strong appeal to socially liberal, college-educated voters. But these issues have much less appeal to working-class voters.”

“They are instead focused on the economy, inflation, and crime, and they are skeptical of the Democratic Party’s performance in all three realms.”

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

#607

Post by overfeed »

badc0ffee wrote: post #577
tgtweak wrote: post #76

Few thoughts/observations on Tariff impacts now that we have a decent amount of time/data to look at: Suppliers in China are dropping prices to offset the tariff impact - this is what I see in my direct industry and also in many adjacent ones. This is benefitting other countries that don't have Tariffs on Chinese goods since they can buy cheaper as well. I suspect this is a significant factor in the GBP/EUR strengthe…

Interesting comment but I have to ask why you keep capitalizing "Tariff".

They may be a German-speaker betrayed by muscle-memory while typing in english.

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

#608

Post by Insanity »

dghlsakjg wrote: post #80
Insanity wrote: post #53

Earlier quoted context omitted.

I get your point, but literacy rate is high in the US, so most Americans can, in fact, read. However, they rarely read books and indeed most don’t read at a university level. Rarely reading books is also not tied strictly to the US.

Studies consistently find about 20% of Americans are functionally illiterate, depending on what is meant by functionally illiterate. Typically this means that they can read, but frequently cannot grasp the meaning of what they read. The US is actually pretty illiterate compared to peer countries.

Higher than I expected although I’m not totally surprised given the US educational system.

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

#609

Post by thrance »

MonkeyClub wrote: post #187
PaulRobinson wrote: post #106

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…

> 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. It's sad but true. Deep down, political thinking is influenced by tribal thinking, a rigid us versus them mentality. This is, after all, how the "divide and conquer" method gets to be so effective. A house divided amongst itself and all that.

You're acting like Democrats are as deep in the cult of personality as Republicans are, yet outside of the most corporate liberal circles, Harris and Biden are heavily held in contempt by most of the Left.

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

#610

Post by tartuffe78 »

RandomTisk wrote: post #320
bartread wrote: post #56

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…

Who ultimately pays the tariffs is missing the forest for the trees, their primary function is to tax, and taxation virtually always reduces spending. Don't want to pay tariffs? Buy domestic. Tariffs are the single reason (or one of very few) that the US isn't flooded with BYD electric cars from China. China's dirt cheap labor could decimate the US auto industry, but for tariffs and trade regulation, but I repeat mys…

They're putting tariffs on things you can't buy or produce domestically, rubber, coffee, etc.
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