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ProfessorGAC

(64,988 posts)
12. Depends On Industry
Wed Sep 23, 2020, 02:28 PM
Sep 2020

But there was a Business Week article that detailed how much the Chinese banking system paid the US government for tariffs.
PINO crowed about it for a week until it was tamped down by commentary about where the $ really came from.
So yeah, a substantial portion of the money does come directly from China.

What you say is likely accurate in components. The importer pays it, the middle manufacturer pays a higher price, & the market price of assembled goods go up.
But, direct goods for consumption are paid government to government in many cases.

I know that the chemical industry had to petition for basic bulk chemical being sent from China to their own sites both there & in the US not be considered a component because the alternative was to import the finished goods. It was an argument that was successful.

Moron... orwell Sep 2020 #1
It's dumber than that genxlib Sep 2020 #2
They Just Write The Check ProfessorGAC Sep 2020 #5
Do they? genxlib Sep 2020 #9
Depends On Industry ProfessorGAC Sep 2020 #12
they do, everyone is wrong in that conversation Amishman Sep 2020 #13
Sounds like you stopped him gratuitous Sep 2020 #3
Yeah, Pretty Close To Dumbest ProfessorGAC Sep 2020 #4
He didn't fool himself. dawg Sep 2020 #6
Doesn't That Constitute... ProfessorGAC Sep 2020 #10
For some it's willful, for some it just a lack of sophistication. dawg Sep 2020 #11
China must be asking itself... Yavin4 Sep 2020 #7
We, US consumers pay the tariffs. brush Sep 2020 #8
Obviously not an econ major! Initech Sep 2020 #14
I am an importer from China WA-03 Democrat Sep 2020 #15
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