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nolabear

(43,850 posts)
17. I only know a personal story.
Wed Sep 11, 2024, 11:36 AM
Sep 2024

My late mother in law, who bore NOBODY’S shit, once imported a group of ceramics that were art. The gov’t wanted to impose a tariff as though they were dishes, a much higher rate. After she died we found months’ worth of letters where she started out as reasonable and ended up in gfy territory. She’d have had to pay before receiving them. She won. I think it works the same overall.

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1 members have recommended this reply (displayed in chronological order):

He thinks we sent NATO countries, a bill for being allies with us Walleye Sep 2024 #1
Sounds about right with the consequence being inflation. live love laugh Sep 2024 #2
That is part of the current inflation IbogaProject Sep 2024 #36
In basic terms, you got it. sarisataka Sep 2024 #3
Ahhh....so many years ago... Dan Sep 2024 #8
Those are possibilities sarisataka Sep 2024 #14
It's part of the cost of goods sold. WarGamer Sep 2024 #31
That is essentially what happens; consumers pay a relatively higher price for goods under tariffs. harumph Sep 2024 #4
i understand all that...i really do...but my question... ret5hd Sep 2024 #10
Tariffs are assessed and collected by the US Customs and Border Protection Service Mosby Sep 2024 #15
For small items you get a slip from your Post Office IbogaProject Sep 2024 #38
This message was self-deleted by its author lastlib Sep 2024 #21
Tariffs are import taxes sarisataka Sep 2024 #25
The consignee who receives the goods upon arrival in the US sarisataka Sep 2024 #22
TY ret5hd Sep 2024 #24
The importer/company malaise Sep 2024 #23
Trump's comment about China paying Billions in tariffs is a full blown lie. The importer pays the tariff and passes it OLDMDDEM Sep 2024 #5
But isn't he a financial genius who went to Wharton? wnylib Sep 2024 #27
Good point. I went to the University of Nebraska at Omaha. I know waaaay more than he does. I didn't buy OLDMDDEM Sep 2024 #29
I didn't take any finance or business courses in college, but wnylib Sep 2024 #34
Hey! Mossfern Sep 2024 #35
I believe you. Trump showed his true self last night. OLDMDDEM Sep 2024 #37
As I recall he attended a special program for Klarkashton Sep 2024 #53
Even so, a "business genius" with international business dealings wnylib Sep 2024 #55
He is willfully ignorant. Klarkashton Sep 2024 #56
I do wish Harris or the moderators Disaffected Sep 2024 #41
No concept about economics or business? LiberalFighter Sep 2024 #54
The purpose of the tariff is to make imported goods more expensive, so American consumers will buy American goods... surfered Sep 2024 #6
see my post number 10 please ret5hd Sep 2024 #11
I only know a personal story. nolabear Sep 2024 #17
If they're kept cheaper. We all see what happened after the pandemic... Justice matters. Sep 2024 #40
While Accurate, Conceptually... ProfessorGAC Sep 2024 #42
BTW Across the board tariffs are a tax. Turbineguy Sep 2024 #7
see my post number 10 please ret5hd Sep 2024 #12
And even if the economy is able to survive the higher prices passed through to consumers ... dawg Sep 2024 #9
see my post number 10 please ret5hd Sep 2024 #13
The importer! dawg Sep 2024 #16
well, nobody really answered my question... ret5hd Sep 2024 #20
See post #15 SeanHG Sep 2024 #28
15 GT 10 ret5hd Sep 2024 #32
So... When the cost and price of a Toyota is raised by 10% Thunderbeast Sep 2024 #18
Not to mention all their imported components. dawg Sep 2024 #19
Tariffs Screwed Farmers NowISeetheLight Sep 2024 #26
One thing not mentioned usually about tariffs Old Crank Sep 2024 #30
Which is why tariffs are inflationary. GoodRaisin Sep 2024 #43
TFG and Vance are lying about how Tariffs work LetMyPeopleVote Sep 2024 #33
Except you ignore the Biden tariffs on steel and other Chinese products. former9thward Sep 2024 #48
The problem for many businesses is that you can't always recoup the full tariff cost when selling. LexVegas Sep 2024 #39
Not right away, no. But eventually they will recover it as part of a periodic GoodRaisin Sep 2024 #44
All the industrial clients I have had experience with expect 5-7% cost down year over year. The alt is off-shoring. nt LexVegas Sep 2024 #45
My experience was the same. Annual cost reduction with similar goals are GoodRaisin Sep 2024 #46
You are very far off. former9thward Sep 2024 #47
That doesn't answer my question at all. ret5hd Sep 2024 #49
Pretty simple, it's a tax on consumers. Emile Sep 2024 #50
Not an answer to the question asked. ret5hd Sep 2024 #51
It is paid to US Customs at the border by the importer. surfered Sep 2024 #52
Latest Discussions»General Discussion»re: tariffs: Can someone ...»Reply #17