Trump Unleashes Tariffs On Mexico "Until Illegal Immigration Stops"

[Zippyjuan]

The merchant (importer) is not necessarily out of the cost. Nor the buyer of the merchandise. The merchant, realizing that the higher cost would price his merchandise out of the acceptable price range for customers, would then do one of two things. He would either tell the wholesaler that they would need to eat some of the cost and therefore receive a lesser profit. Or he would look to other wholesalers for like products that do not carry the tariff.

When tariffs raised the prices on imported washing machines, US producers simply raised their prices to match. Consumers paid higher prices even if they avoided an imported machine directly effected by the tariff.

https://www.nbcnews.com/business/co...iffs-are-costing-americans-almost-100-n999461

Trump's washing machine tariffs are costing Americans almost $100 more per appliance

American manufacturers have also jacked up the cost of their appliances, in order to match the higher price of their competitors.

 

[goldenequity]

https://twitter.com/RonPaul/status/1134535364578816000

 

[nikcers]

When tariffs raised the prices on imported washing machines, US producers simply raised their prices to match. Consumers paid higher prices even if they avoided an imported machine directly effected by the tariff.

https://www.nbcnews.com/business/co...iffs-are-costing-americans-almost-100-n999461

Doesn't that mean that people can buy American made at a similar price as Chinese made products so that people are more likely to buy the American Washing machine than if the Chinese one was cheaper? Isn't that a net gain for the American economy if more Americans invest into it?

 

[TheTexan]

When tariffs raised the prices on imported washing machines, US producers simply raised their prices to match. Consumers paid higher prices even if they avoided an imported machine directly effected by the tariff.

https://www.nbcnews.com/business/co...iffs-are-costing-americans-almost-100-n999461

Besides the fact that the prices rose immediately after the tariff took effect, do you have any evidence to substantiate the claim that it was the tariffs that caused the increase in prices, and not just fluctuations in the washing machine market cycles?

 

[Zippyjuan]

Doesn't that mean that people can buy American made at a similar price as Chinese made products so that people are more likely to buy the American Washing machine than if the Chinese one was cheaper? Isn't that a net gain for the American economy if more Americans invest into it?

If I raise my price by $100 and you raise yours by $100, which is now the better deal? Will you buy a different one than before the prices were raised? (it may make you less likely to buy either and keep your old one longer).

 

[tfurrh]

The merchant (importer) is not necessarily out of the cost. Nor the buyer of the merchandise. The merchant, realizing that the higher cost would price his merchandise out of the acceptable price range for customers, would then do one of two things. He would either tell the wholesaler that they would need to eat some of the cost and therefore receive a lesser profit. Or he would look to other wholesalers for like products that do not carry the tariff.

Yes, there a million different directions this gets sideways.

 

[nikcers]

If I raise my price by $100 and you raise yours by $100, which is now the better deal? Will you buy a different one than before the prices were raised? (it may make you less likely to buy either and keep your old one longer).

If I buy a Chinese Washing machine tarrifs bring money back into the American economy, If I buy an American Washing machine, that money goes back into the American economy.

 

[TheTexan]

If I buy a Chinese Washing machine tarrifs bring money back into the American economy, If I buy an American Washing machine, that money goes back into the American economy.

You'll also get a higher quality washing machine because America

 

[Zippyjuan]

If I buy a Chinese Washing machine tarrifs bring money back into the American economy, If I buy an American Washing machine, that money goes back into the American economy.

Either way you are paying $100 more you could have spent on something else (the $100 tariff goes to the US Government- a tax you are paying you did not have to before). You could have had the washing machine AND $100 worth of something else (toys, food, clothes, etc) creating more US jobs than if there were no tariffs.

 

[phill4paul]

When tariffs raised the prices on imported washing machines, US producers simply raised their prices to match. Consumers paid higher prices even if they avoided an imported machine directly effected by the tariff.

https://www.nbcnews.com/business/co...iffs-are-costing-americans-almost-100-n999461

Whatever impact the tariffs are having on prices isn't likely to last long.

In January, Samsung started to make washers in its first U.S. plant, in Newberry County, S.C. And LG plans to produce washers in the U.S. for the first time this fall near Clarksville, Tenn.

Once their U.S. plants are fully operational, their need to import washers will drop sharply. “If not to zero, certainly below the 1.2 million quota,” says Thomas Prusa, Ph.D., a professor of economics at Rutgers University.

https://www.consumerreports.org/prices-price-comparison/washing-machine-prices-starting-to-rise/

 

[TheTexan]

Either way you are paying $100 more you could have spent on something else (the $100 tariff goes to the US Government- a tax you are paying you did not have to before). You could have had the washing machine AND $100 worth of something else (toys, food, clothes, etc) creating more US jobs than if there were no tariffs.

That's pre-Trump economics.

Those rules of economics don't apply to winners who know how to make deals

 

[nikcers]

Either way you are paying $100 more you could have spent on something else (the $100 tariff goes to the US Government- a tax you are paying you did not have to before). You could have had the washing machine AND $100 worth of something else (toys, food, clothes, etc) creating more US jobs than if there were no tariffs.

If what you are saying is true and I have a choice between buying American for the same price as Chinese I will buy American, doesn't that add money to the economy?

 

[Zippyjuan]

If what you are saying is true and I have a choice between buying American for the same price as Chinese I will buy American, doesn't that add money to the economy?

Yes.

 

[Zippyjuan]

https://www.consumerreports.org/prices-price-comparison/washing-machine-prices-starting-to-rise/

From the CR article:

U.S. makers told CR that they are increasing prices because of rising costs and other factors.

“We have announced cost-based price increases on our U.S. laundry business, tied to raw material increases, investments in innovation,” says Whirlpool’s Kristine Sherman, senior manager of global media. The increase applies to both washers and dryers. “These will be effective in the second quarter.”

A big cost is materials- Trump tariffs on steel and aluminum (used to make the machines) caused those prices to rise.

“It’s too soon to tell if more increases are coming," he continues. "We’ll see what the competition does this summer and as new models are brought out.”

Normal life cycle aside, manufacturers might have other tariffs to contend with, as Whirlpool's Sherman alluded to above. Given that washers are essentially big metal boxes, the effects of recently imposed tariffs on imported steel and aluminum are yet another factor that could contribute to an increase in price.

 

[tfurrh]

Congress should just go home. Everything's an emergency so the Prez gots this. Who needs checks when there's an emergency? They didn't have emergencies in the 1700s.

 

[Zippyjuan]

Congress should just go home. Everything's an emergency so the Prez gots this.

If everything is an emergency, we must not be doing very well under his leadership.

 

[nikcers]

Congress should just go home. Everything's an emergency so the Prez gots this.

Who needs a swamp when you have the president.

 

[phill4paul]

From the CR article:



A big cost is materials- Trump tariffs on steel and aluminum (used to make the machines) caused those prices to rise.

And as U.S. steel ramps up those prices come down. Almost $10 billion in new investments. This is how you win a trade war against a foreign country subsidizing it's steel industry to dump and drive down prices so that our manufacturing plants go out of business. America First!

Amid resilient auto sales, anxiety over future trade friction and a stream of improved profits, major steel suppliers have unveiled $9.7 billion in planned plant investments to boost their U.S. capacity.

https://www.autonews.com/suppliers/steel-suppliers-plan-big-projects

 

[Zippyjuan]

And as U.S. steel ramps up those prices come down. Almost $10 billion in new investments. This is how you win a trade war against a foreign country subsidizing it's steel industry to dump and drive down prices so that our manufacturing plants go out of business. America First!



https://www.autonews.com/suppliers/steel-suppliers-plan-big-projects

That new investment was in a replacement plant the company said would not increase their production levels once completed- the old plant will be torn down and the same amount of steel will be produced. That will leave the supply the same as before and aside from other potential factors, its price too. The investment is to increase efficiency (more automation, fewer workers needed) and reduce pollution. The upgrades have been in the planning for years- it was not in response to tariffs.

https://stateimpact.npr.org/pennsyl...urgh-will-help-with-air-pollution-efficiency/

Mr. Burritt said the $1 billion investment has been in the works for years.

 

[phill4paul]

That new investment was in a replacement plant the company said would not increase their production levels once completed- the old plant will be torn down and the same amount of steel will be produced. That will leave the supply the same as before and aside from other potential factors, its price too. The investment is to increase efficiency (more automation, fewer workers needed) and reduce pollution. The upgrades have been in the planning for years- it was not in response to tariffs.

https://stateimpact.npr.org/pennsyl...urgh-will-help-with-air-pollution-efficiency/

Nice try. But it isn't just ONE company. Re-read the article. You have a problem grasping the scope the first time around as you parse for your bullshit globalist narrative. Trump should announce a $100 Billion Federal Government investment in U.S. steel and lift all EPA regulations so we could undercut the Chinese and dump steel and destroy their market. How would you be with that? Because that is that China did.