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ISO
by Big Game Hunter. 06/04/24 09:19 PM
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Iso
by AustinC. 05/21/24 05:01 PM
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15 billion dollars on China tariffs
#2811144
05/20/19 08:33 AM
05/20/19 08:33 AM
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Joined: Nov 2010
Posts: 24,885 Buc-ee’s Beach Express
leroycnbucks
OP
Freak of Nature
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OP
Freak of Nature
Joined: Nov 2010
Posts: 24,885
Buc-ee’s Beach Express
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I was watching Fox Business News this morning and Stewart Barney reported that he was told by someone in the administration that President Trump was going to take to the 15 billion dollars we have/will receive from China on tariffs of their products coming into our country and buy the grain inventory that China usually buys. Then we will give that commodity to poorer nations to feed the masses. This plan will pay the farmers that depend on the grain sells to China for their lively hood plus feed hungry people throughout the world.
Sounds like a great plan that will help a lot of people in need. What do y'all think of this plan?
Proud Army and ALNG veteran God Bless America!
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Re: 15 billion dollars on China tariffs
[Re: leroycnbucks]
#2811167
05/20/19 08:58 AM
05/20/19 08:58 AM
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Joined: Jan 2002
Posts: 10,484 Bham
Dallas County
Booner
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Booner
Joined: Jan 2002
Posts: 10,484
Bham
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What a lot of people fail to understand; is that China (or any other tariff imposed country) does not actually pay the tariff. The US importers pay the tariff to the US Treasury Dept. So in actuality, all the low to medium income families who spend the relatively higher percent of their income on imported goods, pay the tariffs, who are now funding the humanitarian effort that benefit the farmers. That's a lot of round and round and I'm pretty sure there are no bureaucratic middleman to cut into the funds. The money has to go somewhere, but my point is, China ain't paying diddlyshit.
not sure what the best way to handle them is but they shouldnt be on tv and gettn married and raisin kids
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Re: 15 billion dollars on China tariffs
[Re: 3toe]
#2811171
05/20/19 09:01 AM
05/20/19 09:01 AM
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Joined: Jun 2013
Posts: 52,538 Gee's Bend/At The Hog Pen
James
Freak of Nature
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Freak of Nature
Joined: Jun 2013
Posts: 52,538
Gee's Bend/At The Hog Pen
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I'd like to see us start here at home, like feeding and housing our homeless veterans before we start feeding the world. You darn right! This has always pissed me off, we have starving men, women, children on our doorsteps, and folks are more concerned with taking care of the world, or feeding and housing illegals
Do not regret growing older, it's a privilege denied to many!
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Re: 15 billion dollars on China tariffs
[Re: Dallas County]
#2811178
05/20/19 09:05 AM
05/20/19 09:05 AM
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Joined: Oct 2006
Posts: 7,802 Montgomery, AL
Hunting-231
14 point
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14 point
Joined: Oct 2006
Posts: 7,802
Montgomery, AL
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What a lot of people fail to understand; is that China (or any other tariff imposed country) does not actually pay the tariff. The US importers pay the tariff to the US Treasury Dept. The money has to go somewhere, but my point is, China ain't paying diddlyshit. Yep - the consumers are footing the bill.
"The struggle you're in today, is developing the strength you need for tomorrow."
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Re: 15 billion dollars on China tariffs
[Re: leroycnbucks]
#2811185
05/20/19 09:18 AM
05/20/19 09:18 AM
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Joined: Dec 2001
Posts: 13,929 AL
hunterbuck
Booner
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Booner
Joined: Dec 2001
Posts: 13,929
AL
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To be honest...more government subsidies is what it sounds like to me.
"You think I care? Roll Damn Tide"
Have you tried Google?
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Re: 15 billion dollars on China tariffs
[Re: leroycnbucks]
#2811193
05/20/19 09:33 AM
05/20/19 09:33 AM
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Joined: Jan 2004
Posts: 31,681 Slidell, La
perchjerker
Freak of Nature
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Freak of Nature
Joined: Jan 2004
Posts: 31,681
Slidell, La
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To me the whole idea of a tariff is to persuade Americans not to buy Chinese products. To buy American if possible. I remember when Yamaha introduced their V-6 outboards. They were cheaper than American until a tariff was added, to protect Mercury and OMC.
Thomas Jefferson. The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants.
Life is too short to only hunt and fish on weekends!
If being a dumbass was fatal some of you would be on your death bed!
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Re: 15 billion dollars on China tariffs
[Re: leroycnbucks]
#2811196
05/20/19 09:36 AM
05/20/19 09:36 AM
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Joined: Jul 2010
Posts: 9,203 B'ham
Goatkiller
14 point
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14 point
Joined: Jul 2010
Posts: 9,203
B'ham
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That's not exactly how it works on the tariff.
The importer... only some of which are U.S. based companies (who may still be owned by China, BTW), a lot of which are direct Chinese companies...
They either pay the tariff and/or cut their operating costs to remain competitive, source the product from outside China, ask China for a discount to offset the tariff, etc.
Only 1 option is to pass the tariff directly onto the American Consumer dollar for dollar at which point all these other factors weigh into that decision. They can't just walk into Wal-Mart and mark everything up 25%. That's just not how that works.
Will it result in higher prices on some products. Yes. That's a fair statement but not a fair blanket statement.
Look at it this way... First it was Wal-Mart now it's Dollar General. These are the companies that have taken advantage of the economic policies for consumer goods. Dollar General is putting more Mom and Pop places out of business than people realize. It's basically a really big corner store to me. They are putting small grocery and mini-mart type places out of business left and right in small small town America. Wal-Mart already took care of the bigger competition.
It's not good. We are addictied to cheap Chinese goods. The low cost means people can get by on a lower wage.. which means corporate America doesn't have to pay you as much to work, coupled with a lower interest rate environment means they pay you even less. They don't make it on U.S. soil.. so even fewer jobs.
Everything is intermingled.
No government employees were harmed in the making of this mess.
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Re: 15 billion dollars on China tariffs
[Re: James]
#2811213
05/20/19 10:03 AM
05/20/19 10:03 AM
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Joined: Apr 2013
Posts: 4,638 Alabama
Rmart30
10 point
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10 point
Joined: Apr 2013
Posts: 4,638
Alabama
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I'd like to see us start here at home, like feeding and housing our homeless veterans before we start feeding the world. You darn right! This has always pissed me off, we have starving men, women, children on our doorsteps, and folks are more concerned with taking care of the world, or feeding and housing illegals Agreed. Take care of home first and everything else 2nd.
Ethical behavior is doing the right thing when no one else is watching - even when doing the wrong thing is legal. Aldo Leopold .. (except when it comes to trailer tags)
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Re: 15 billion dollars on China tariffs
[Re: Rmart30]
#2811221
05/20/19 10:07 AM
05/20/19 10:07 AM
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Joined: Feb 2014
Posts: 4,173 miss'ippi state
donia
10 point
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10 point
Joined: Feb 2014
Posts: 4,173
miss'ippi state
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I'd like to see us start here at home, like feeding and housing our homeless veterans before we start feeding the world. You darn right! This has always pissed me off, we have starving men, women, children on our doorsteps, and folks are more concerned with taking care of the world, or feeding and housing illegals Agreed. Take care of home first and everything else 2nd. same....seems as though the optics aren't as good for in-country benevolence, though
experience is a freakin' awesome teacher....
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Re: 15 billion dollars on China tariffs
[Re: whack-n-stack]
#2811222
05/20/19 10:08 AM
05/20/19 10:08 AM
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Joined: Feb 2015
Posts: 7,248 Meridianville
DryFire
14 point
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14 point
Joined: Feb 2015
Posts: 7,248
Meridianville
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Have you read about China’s pork industry? Yes. If they can't get the African Swine Flu under control, the price for pork will jump through the roof. The US and Brazil cannot export enough pork to feed the Chinese people. Some Chinese pork producers wake up and find half their herd has died overnight.
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Re: 15 billion dollars on China tariffs
[Re: Rmart30]
#2811244
05/20/19 10:35 AM
05/20/19 10:35 AM
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Joined: Feb 2011
Posts: 10,780 Santa Rosa/Conecuh
hallb
Booner
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Booner
Joined: Feb 2011
Posts: 10,780
Santa Rosa/Conecuh
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I'd like to see us start here at home, like feeding and housing our homeless veterans before we start feeding the world. You darn right! This has always pissed me off, we have starving men, women, children on our doorsteps, and folks are more concerned with taking care of the world, or feeding and housing illegals Agreed. Take care of home first and everything else 2nd. You all realize the reason why we rely on China to buy our grain is b/c our farmers already produce more than the US market demands and consumes, right??
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Re: 15 billion dollars on China tariffs
[Re: leroycnbucks]
#2811251
05/20/19 10:47 AM
05/20/19 10:47 AM
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Joined: Jan 2011
Posts: 38,489 N. Bama
257wbymag
Boo Boo Head
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Boo Boo Head
Joined: Jan 2011
Posts: 38,489
N. Bama
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Somebodies gotta feed the world. Might as well be us
Quietly killing turkeys where youre not!!! My tank full of give a fraks been runnin on empty I'm the paterfamilias
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Re: 15 billion dollars on China tariffs
[Re: leroycnbucks]
#2811254
05/20/19 10:55 AM
05/20/19 10:55 AM
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Joined: Feb 2014
Posts: 4,173 miss'ippi state
donia
10 point
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10 point
Joined: Feb 2014
Posts: 4,173
miss'ippi state
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dad always said we taught the world to farm, too well!!
experience is a freakin' awesome teacher....
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Re: 15 billion dollars on China tariffs
[Re: 257wbymag]
#2811272
05/20/19 11:30 AM
05/20/19 11:30 AM
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Joined: Dec 2001
Posts: 13,929 AL
hunterbuck
Booner
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Booner
Joined: Dec 2001
Posts: 13,929
AL
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Somebodies gotta feed the world. Might as well be us Are we overproducing at this point, though? I thought I read a report not long ago that there were record amounts of grain in storage across the globe...so much so that some grains were simply being piled up and covered with tarps on decommissioned airport runways and such.
"You think I care? Roll Damn Tide"
Have you tried Google?
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Re: 15 billion dollars on China tariffs
[Re: leroycnbucks]
#2811299
05/20/19 12:07 PM
05/20/19 12:07 PM
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Joined: Jan 2011
Posts: 38,489 N. Bama
257wbymag
Boo Boo Head
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Boo Boo Head
Joined: Jan 2011
Posts: 38,489
N. Bama
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Were only one drought away “or prevent plant flood” away from working that surplus away. It would stupid to not have surplus.
Quietly killing turkeys where youre not!!! My tank full of give a fraks been runnin on empty I'm the paterfamilias
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Re: 15 billion dollars on China tariffs
[Re: leroycnbucks]
#2811301
05/20/19 12:09 PM
05/20/19 12:09 PM
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Joined: Aug 2005
Posts: 8,363 Montgomery
WmHunter
14 point
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14 point
Joined: Aug 2005
Posts: 8,363
Montgomery
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This is a good read from El-Arian: https://www.cnbc.com/2019/05/20/moh...-a-reagan-moment-for-trump-on-china.html>>This is a trade war that was started by China 25 years ago. >>It is a must win war for us. We will come out the other side much better off when Trump wins this thing. And I am confident in a big win.
Last edited by WmHunter; 05/20/19 12:46 PM.
"The Tree of Liberty must be refreshed from time to time with the blood of patriots and tyrants." Thomas Jefferson
" Chuck Sykes is a dictator control freak like Vladimir Putin " WmHunter
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Re: 15 billion dollars on China tariffs
[Re: Goatkiller]
#2811375
05/20/19 01:40 PM
05/20/19 01:40 PM
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Joined: Jan 2002
Posts: 10,484 Bham
Dallas County
Booner
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Booner
Joined: Jan 2002
Posts: 10,484
Bham
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That's not exactly how it works on the tariff.
The importer... only some of which are U.S. based companies (who may still be owned by China, BTW), a lot of which are direct Chinese companies...
They either pay the tariff and/or cut their operating costs to remain competitive, source the product from outside China, ask China for a discount to offset the tariff, etc.
. That's exactly how it works on the tariff. The exporter doesn't pay any tariff, the importer does; all three of those options you provide do not eliminate the importer paying the tariff. That's what people don't understand.
not sure what the best way to handle them is but they shouldnt be on tv and gettn married and raisin kids
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