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Sat Aug 31, 2019, 06:05 PM

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

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

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Reply New tariffs on shoes, TVs, diapers and other Chinese-made products take effect Sunday (Original post)
riversedge Aug 2019 OP
DURHAM D Aug 2019 #1
AllaN01Bear Aug 2019 #2
no_hypocrisy Aug 2019 #3
cstanleytech Aug 2019 #7
AllaN01Bear Aug 2019 #4
Mr. Evil Aug 2019 #5
Bernardo de La Paz Aug 2019 #6
George II Aug 2019 #10
kimbutgar Aug 2019 #8
Mosby Aug 2019 #9
angstlessk Aug 2019 #11
Yonnie3 Aug 2019 #12

Response to riversedge (Original post)

Sat Aug 31, 2019, 06:08 PM

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

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Response to riversedge (Original post)


Response to riversedge (Original post)

Sat Aug 31, 2019, 06:11 PM

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

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Response to no_hypocrisy (Reply #3)

Sat Aug 31, 2019, 06:46 PM

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

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Response to riversedge (Original post)

Sat Aug 31, 2019, 06:12 PM

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

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Response to riversedge (Original post)

Sat Aug 31, 2019, 06:36 PM

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.

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Response to riversedge (Original post)

Sat Aug 31, 2019, 06:43 PM

6. Are Hannity Shoes excluded?

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Response to Bernardo de La Paz (Reply #6)

Sat Aug 31, 2019, 06:53 PM

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

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Response to riversedge (Original post)

Sat Aug 31, 2019, 06:47 PM

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.

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Response to riversedge (Original post)

Sat Aug 31, 2019, 06:49 PM

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.

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Response to Mosby (Reply #9)

Sat Aug 31, 2019, 08:40 PM

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

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

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Response to riversedge (Original post)

Sat Aug 31, 2019, 09:00 PM

12. Locking after a review by Forum Hosts

This post is a duplicate of https://www.democraticunderground.com/10142362322

Please continue discussion there.

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