New tariffs on shoes, TVs, diapers and other Chinese-made products take effect Sunday

[riversedge]

This discussion thread was locked as off-topic by Yonnie3 (a host of the Latest Breaking News forum).

Source: Providence journal




Posted at 1:17 PM Updated at 1:46 PM

.............................

At 12:01 a.m., U.S. customs will begin collecting a 15% tax on products such as clothing, footwear, pens, pencils, diapers, Bluetooth ear buds, televisions, golf clubs and fishing line. The official list of affected items runs 114 single-spaced pages.

“This is the first time U.S. consumers will see the costs quite directly, right as we head into the busiest shopping time of the year,” said Edward Alden, an economics professor at Western Washington University.

Even as he braces for potential consumer irritation over higher prices, the president on Friday accused business executives who oppose his tariff strategy of blaming him for their own failures.

Leaving the White House for the presidential retreat at Camp David, Trump said poorly performing companies were using tariffs as an excuse. “Badly run and weak companies are smartly blaming these small Tariffs instead of themselves for bad management...and who can really blame them for doing that? Excuses!” he tweeted earlier in the day......................



.............In implementing the new fees, the president brushed aside pleas from 160 business groups that wrote the White House this week asking him to hold off. The new tariffs “come at the worst possible time, right in the middle of the busy holiday shipping period,” said the letter from the Americans for Free Trade coalition......................................

Read more: https://www.providencejournal.com/zz/news/20190831/new-tariffs-on-shoes-tvs-diapers-and-other-chinese-made-products-take-effect-sunday

[DURHAM D]

1. Does this mean that everything at Dollar Tree will now be $1.15? nt

[no_hypocrisy]

3. Can't believe the Chamber of Commerce is letting Trump get away with this.

[cstanleytech]

7. What do you expect from Moscow Mitch? He is after all Putin's bi***.

Edit: My bad for some reason I thought you meant the Senate lol

[AllaN01Bear]

4. hey business . you voted for him and you always want a r over a d , so live with it.

[Mr. Evil]

5. This was inevitable.

As soon as someone made the blunder of all time by telling President StupidNazi that he could unilaterally impose tariffs it instantly became his bright, shiny new toy. This blabbering fool then begins to pretend to know what he's doing. Only in his syphilitic ravaged mind.

[Bernardo de La Paz]

6. Are Hannity Shoes excluded?

[George II]

10. Or Ivanka's cheap ass knock off counterfeit shoes?

[kimbutgar]

8. My husband complains I have too many shoes

So now i will not buy any new ones since they’ll cost me more!

That said Fu£k MF45.

https://m.

I sing this song all the time now.

[Mosby]

9. Passing on the tariff is not automatic

The gross margin is so high on most Chinese goods the importer/retailer would be crazy to raise prices.

Disclaimer: I do not support anything trump is doing.

[angstlessk]

11. But they WILL raise prices, not only that,

if and when the tariffs go away, the prices will NOT be reduced.

[Yonnie3]

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