So neither of the MAGA Hats, olde dude and Hate, seem to think there's anything amiss with Trump's notion about how tariffs work. They think he's a brilliant strategist who thinks on a level far above that of all the mere economic experts in the country. To such stupid people, I suppose someone like Trump would look like a genius.
Well let's just take a simple look at Trump's idea of how tariffs work and what it would be like if "China pays the tariffs", shall we...?
China has a gee-gaw that they want to sell to us for $100.00, so they offer it up to a US importer. The importer pays the $100.00 for it and sells it to the wholesale companies who sell it to the stores with the regular markup. Everything is just as it always is.
Meanwhile, China is apparently supposed to pay the 125% tariff to the US government. So, they take that $100.00 they just got from the importer plus have to add another twenty-five bucks to it and give it to the US government, which distributes this amazing windfall to the soon to be wealthy American people.
My question is... why would the Chinese ever do that?
What would be the point of selling us as much as a chop stick if it essentially means giving it away for nothing, plus paying another 25% on top of it for the privilege?
Yet the Orange Genius seems to think, in his boundless pig-ignorance, that they'll have no alternative but to do this. He declares that China is just going to dump all this money on us at their own expense plus more besides all to make nothing while making this country wildly rich. He keeps saying this no matter how many times he is corrected about how tariffs work.
Why are there so many people in this country who can't easily and totally grok the blitheringly incompetent nincompoopery and unbridled insanity of this man? Why are so many Americans, like olde dude and Hate, ravenously swallowing the flaming horseshit that he constantly stuffs down their ever-gullible throats?
Is there lead in everyone's water...?