when every country kneel to US in tariff tax

Deal with South Korea reached recently.

f9FXVxiCiNlp.jpeg
 
It's all about destroying China's economy. And more importantly, the WTO which has been hijacked by China. :cool:

 
There is no deal with any country. No signed agreement or official notification. Trump is playing hoker poker with tariffs escalating de-escalating causing turmoil.

China has the Trump card in rare earths so US need china more than China need US.
 
What a fantastic President the USA is so blessed to have such an outstanding statesman in charge.
 


But X users were quick to affix a community note, which allows readers to provide additional context to posts, explaining who actually paid the tariff costs.

“The $150 billion was collected from American businesses and consumers, not foreign countries,” it read, citing a Tax Foundation article that explained how U.S. businesses pay the cost to the federal government through taxes.

Hours later, the note no longer appeared below the Fox Business tweet.

“No, we did not collect ‘a staggering $150 billion from foreign countries,’ we collected it from American consumers,” read one typical quote tweet on the post from conservative columnist David Harsanyi.

Fox News did not respond to an immediate request for comment.

The Fox Business story on the revenue did note that U.S. consumers could face higher prices from Trump’s tariffs. Trump imposed new 25% tariffs on India on Wednesday.

https://sg.news.yahoo.com/fox-pro-trump-message-gets-175458898.html
 
The European Union's pledge to buy $250 billion(total $750 for 3 years beside another $600 billions worth of investment in US) of U.S. energy supplies per year is unrealistic because total import to EU in year 2024 alone is only $76 billion both have to increase by abt 3X of supply(US) or demand(EU) to meet them

Chine parting shot in Sweden, To have strong disagreement for a healthy discussion
 
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But X users were quick to affix a community note, which allows readers to provide additional context to posts, explaining who actually paid the tariff costs.

“The $150 billion was collected from American businesses and consumers, not foreign countries,” it read, citing a Tax Foundation article that explained how U.S. businesses pay the cost to the federal government through taxes.

Hours later, the note no longer appeared below the Fox Business tweet.

“No, we did not collect ‘a staggering $150 billion from foreign countries,’ we collected it from American consumers,” read one typical quote tweet on the post from conservative columnist David Harsanyi.

Fox News did not respond to an immediate request for comment.

The Fox Business story on the revenue did note that U.S. consumers could face higher prices from Trump’s tariffs. Trump imposed new 25% tariffs on India on Wednesday.

https://sg.news.yahoo.com/fox-pro-trump-message-gets-175458898.html


this yellow monkey is just another big mouth and conman
thought he will be much better than the walking corpse.....disappointing
 


But X users were quick to affix a community note, which allows readers to provide additional context to posts, explaining who actually paid the tariff costs.

“The $150 billion was collected from American businesses and consumers, not foreign countries,” it read, citing a Tax Foundation article that explained how U.S. businesses pay the cost to the federal government through taxes.

Hours later, the note no longer appeared below the Fox Business tweet.

“No, we did not collect ‘a staggering $150 billion from foreign countries,’ we collected it from American consumers,” read one typical quote tweet on the post from conservative columnist David Harsanyi.

Fox News did not respond to an immediate request for comment.

The Fox Business story on the revenue did note that U.S. consumers could face higher prices from Trump’s tariffs. Trump imposed new 25% tariffs on India on Wednesday.

https://sg.news.yahoo.com/fox-pro-trump-message-gets-175458898.html


The $150 BILLION tariffs would be paid by the American consumer only if 100% of the tariffs were passed on to the consumer which is evidently not the case or inflation would have skyrocketed.

It is obvious that exporters have had to absorb a large portion of the tariffs in order to remain competitive and retain their market share in the world's largest consumer market.
 
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The $150 BILLION tariffs would be paid by the American consumer only if 100% of the tariffs were passed on to the consumer which is evidently not the case or inflation would have skyrocketed.
-The below is just reporting on a few prominent US retailers and their price increase.

Here are the retailers raising prices as Trump tariffs take hold​

Published Sat, May 31 2025 8:00 AM EDT

Consumers who hoped tariffs would not hit their wallets keep getting bad news.

As they reported earnings in recent weeks, multiple major retailers said they have already raised some prices or plan to hike them in the coming weeks to offset the duties. They include major grocers and consumer goods sellers Costco, Best Buy, Walmart and Target.

https://www.cnbc.com/2025/05/31/trump-tariffs-here-are-the-retailers-raising-prices.html


-And it's still early days, inflation is expected in the months ahead. This is a good report on the reasons why tariffs haven't driven up inflation as much as many economists expected.

The Trump tariffs aren't causing U.S. prices to spike. Here's why.​

https://www.cbsnews.com/news/inflation-trump-tariffs/
 
-The below is just reporting on a few prominent US retailers and their price increase.

Here are the retailers raising prices as Trump tariffs take hold​

Published Sat, May 31 2025 8:00 AM EDT

Consumers who hoped tariffs would not hit their wallets keep getting bad news.

As they reported earnings in recent weeks, multiple major retailers said they have already raised some prices or plan to hike them in the coming weeks to offset the duties. They include major grocers and consumer goods sellers Costco, Best Buy, Walmart and Target.

https://www.cnbc.com/2025/05/31/trump-tariffs-here-are-the-retailers-raising-prices.html


-And it's still early days, inflation is expected in the months ahead. This is a good report on the reasons why tariffs haven't driven up inflation as much as many economists expected.

The Trump tariffs aren't causing U.S. prices to spike. Here's why.​

https://www.cbsnews.com/news/inflation-trump-tariffs/

So let's see how prices play out in the months ahead.

Trump also plans to cut taxes so the net effect on spending power of the average american should be minimal.

My experience in manufacturing taught me that being big had lots of advantages the most significant of all being bargaining power.

When the cost of goods sold increased we would pass it on to the small customers but absorbed the increase with our large customers eg Seagate, Motorola, Apple etc. I'm sure it's the same with companies that export large amounts to the USA which is their biggest market by far. They will eat the price increases in order to maintain market share so the consumer will not be impacted.
 
I understand your perspective on how large companies might absorb price increases to maintain their market share. However, it's essential to consider other factors that could influence the net effect on consumers. Global supply chains, competition, and economic conditions can all impact the pricing strategies of large companies.
 
So let's see how prices play out in the months ahead.

Trump also plans to cut taxes so the net effect on spending power of the average american should be minimal.

My experience in manufacturing taught me that being big had lots of advantages the most significant of all being bargaining power.

When the cost of goods sold increased we would pass it on to the small customers but absorbed the increase with our large customers eg Seagate, Motorola, Apple etc. I'm sure it's the same with companies that export large amounts to the USA which is their biggest market by far. They will eat the price increases in order to maintain market share so the consumer will not be impacted.
Tax cut as spelled out in his "one big beautiful bill"? That one has quite a few problems like increasing US national debt by a few trillion dollars, cutting healthcare, not benefiting low income earners, etc.

Exporters eating tariffs may well happen, if their focus is on market share and hopefully make up for lost profits through volume.
 
Tax cut as spelled out in his "one big beautiful bill"? That one has quite a few problems like increasing US national debt by a few trillion dollars, cutting healthcare, not benefiting low income earners, etc.

Exporters eating tariffs may well happen, if their focus is on market share and hopefully make up for lost profits through volume.
But the yanks just have a budget surplus...contrast tat with Biden term..where there never was a surplus..
 
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