Author Topic: How tariffs work ... according to the finest minds at DU  (Read 160 times)

0 Members and 1 Guest are viewing this topic.

Offline Texacon

  • Super
  • Hero Member
  • *****
  • Posts: 12699
  • Reputation: +1487/-55
  • All The Way!
How tariffs work ... according to the finest minds at DU
« on: February 03, 2025, 07:21:12 AM »
https://democraticunderground.com/100219981727


Quote
IrishBubbaLiberal (183 posts)

Mon Feb 3, 2025, 07:57 AM

Red State Kentucky... Bourbon facing 50% tax imposed by EU starting in March, Thanks to Trump
https://www.wcpo.com/news/state/state-kentucky/were-trying-to-sound-the-alarm-kentucky-bourbon-industry-worries-as-potential-50-eu-imposed-tariffs-loom

'We're trying to sound the alarm' | Kentucky bourbon industry worries as potential 50% EU-imposed tariffs loom

CINCINNATI — Kentucky's key bourbon industry finds itself staring down the barrel of potential new, EU-imposed tariffs come March, thanks to an ongoing trade war between the United States and the European Union.

….. “We saw tens — if not hundreds — of millions of millions of dollars of impact on exports that the bourbon industry is just recovering from," Kentucky Gov. Andy Beshear said during a Jan. 16 press conference. "A state, again, that voted for Trump by 30 points will get hit incredibly hard."


This is how it works in the mind of a DUmmie.

We impose tariffs on other nations and it hurts America and the American people.

Other nations impose tariffs on America and it hurts America and the American people.

See, it's that simple.  Tariffs are a one way street!  They only help other nations and hurt America so we should NEVER USE THEM.  Only the other nations should use them, because Orange Man bad or something.

Lord these people. 

Our government raises taxes on businesses and the DUmmies think it won't effect pricing.  Our government forces minimum wage increases and the DUmmies think it won't effect pricing.

Let the US Government use a tariff ... "The sky is falling!!  It's a tax and it will just be passed on to the consumer!!  Can't you idiots see that?!"

 ::)

KC
  Build a man a fire and he'll be warm for a day.  Set a man on fire and he will be warm for the rest of his life.

*Stolen

Offline SVPete

  • Hero Member
  • *****
  • Posts: 28049
  • Reputation: +2859/-245
Re: How tariffs work ... according to the finest minds at DU
« Reply #1 on: February 03, 2025, 09:43:32 AM »
So, when the US imposes a tariff, a tax, on Canadian products sold in US stores, American consumers pay that tax?

Apply that logic to every tax imposed on a corporation.

Trump is just letting Canada, Mexico, etc. know that the new Sheriff in DC operates more seriously than the previous limp noodle.
If, as anti-Covid-vaxxers claim, https://www.poynter.org/fact-checking/2021/robert-f-kennedy-jr-said-the-covid-19-vaccine-is-the-deadliest-vaccine-ever-made-thats-not-true/ , https://gospelnewsnetwork.org/2021/11/23/covid-shots-are-the-deadliest-vaccines-in-medical-history/ , The Vaccine is deadly, where in the US have Pfizer and Moderna hidden the millions of bodies of those who died of "vaccine injury"? Is reality a Big Pharma Shill?

Millions now living should have died. Anti-Covid-Vaxxer ghouls hardest hit.