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It is simple math really. If I am selling you something and you charge a tariff for me to sell you that product, I will have to raise the price of the product. Thus that product will cost you more to purchase. It is basic economics that trump doesn't seem to understand.Originally Posted by sharpie
Tariffs are really a US gov't tax on imported goods and its citizens.
The sales pitch is to make imported goods more expensive so as to encourage US consumers to purchase goods manufactured in the USA.
What really happens is the the tariff taxes collected go directly into US Gov't general revenues. The tariffs do not help any US consumer or industry group.
Tariffs are a part of how President Trump plans to pay for a some of the massive US gov't debt that he is rapidly increasing.
Tariffs, historically, have never worked. They only succeed in alienating the USA's key trading partners.
He pushes away his allies and cozies up to his enemies. It's very interesting to watch this madman operate.
On July 6th, the USA copier/ printer industry will begin to experience tariff increases on copier parts and supplies imported from China. At this time, "copy machines" are not on the list of goods subject to tariffs. A month earlier, they were on the list.
I can only suggest that all of the major manufacturers are probably stocking up ahead of that date so as not to immediately have to pass price increases onto their customers and perhaps loose market share. They probably hope that this unnecessary tariff war with Chiba will pass by the fall.
Seriously America?
Protesters carry a dog crate with baby dolls inside - CNN Video
Yep lib/progressives and illegal alien supporters are insane hypocrites...
The Trump Administration today announced plans for a new round of $200 Billion worth of tariffs against China.
Trump launches new tariffs on China - CNNPolitics
Copy machines were on the original list but but were taken off leaving parts and consumables subject to a 10% tariff. It seems most suppliers have not taken actions to increase their prices.
On the new list which could go in effect sometime after Aug 30th are:
8443.39.20
Electrostatic photocopying apparatus, operating by reproducing the original image via an intermediate onto the copy (indirect process)
8443.39.30
Photocopying apparatus, other than electrostatic, incorporating an optical system
8443.39.40
Photocopying apparatus, other than electrostatic, of the contact type
Sounds like a modern MFP/ MFD to me. Dealer cost could increase in price by 10% this fall. I suspect manufacturers will eat at least 5% so as to not loose market share.
Remember cost price is not the sell price so price increases to end users of 6.25% to 12.5% are certainly possible.
A tariff is a tax on consumers which goes directly into US Gov't general revenues.
This is all because he has created so much debt he has to pay for it by taxing imports.
President Trump since inauguration has increased the US debt by $1 Trillion dollars.
Under Trump's watch, national debt tops $21 trillion for first time ever - CBS News
The US Treasury primarily pays for the interest on this debt by selling Treasury bonds to foreign countries. China is the largest holder and largest buyer of US treasury bonds.
If President Trump continues to provoke China with tariffs, China could easily back off buying US T-bills and send global equity markets into turmoil.
trump is a huge coward. He will talk shit behind peoples back, but when standing beside them will do nothing but praise them.
While standing beside putin he says he had nothing to do with with attacking the 2016 election, and them when back in the US he says putin is definitely behind it.
While standing beside Trudeau he is a great guy and they have a great relationship, from the safety of his twitter account Trudeau is a back stabber.
He says Theresa May doesn't know what she is doing in an interview with a British tabloid, to her face she is a great PM and a very smart person.
Huge coward!
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