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Tariff $$ |
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FREEDGUY
Orange Level Access Joined: 15 Apr 2017 Location: South West Mich Points: 5391 |
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Posted: 07 Jun 2019 at 6:29am |
If this has been asked and answered already, my apologies. Who collects the monies and where does it go? Who gets to use it? Again, if this has been discussed already,maybe someone could steer me to the post. Thanks
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shameless dude
Orange Level Joined: 10 Apr 2017 Location: east NE Points: 13611 |
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goes in the general fund, don't worry, uncle sam will find something stupid to spend it on!
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Tbone95
Orange Level Access Joined: 31 Aug 2012 Location: Michigan Points: 11388 |
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Yep, collected by border protection / customs. They examine the paperwork of incoming goods to make sure the tariff has been paid. Goes to the general fund as shamers said.......Ran across a fascinating little tidbit looking at that this morning, the US STILL HAS THE LOWEST TARIFF RATE IN THE WORLD!!!
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john(MI)
Orange Level Joined: 12 Sep 2009 Location: SE MI Points: 9263 |
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The manufacturer does when the higher prices get back to them!
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D14, D17, 5020, 612H, CASE 446
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PaulB
Orange Level Joined: 12 Sep 2009 Location: Rocky Ridge Md Points: 4408 |
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Just rember.... the price you pay for anything imported to this country would be lower without tarrifs.soooo all the tarrifs come right out of OUR pockets.
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If it was fun to pull in LOW gear, I could have a John Deere.
If you can't make it GO... make it SHINY |
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DiyDave
Orange Level Access Joined: 11 Sep 2009 Location: Gambrills, MD Points: 50515 |
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And here's what congress spends it on...
[TUBE]Qj-yAHTfVeE[/TUBE]
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Source: Babylon Bee. Sponsored by BRAWNDO, its got what you need!
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jaybmiller
Orange Level Access Joined: 12 Sep 2009 Location: Greensville,Ont Points: 21460 |
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PaulB ...no, not nessarily(sp). If an item is $5 before and after the tarriffs, it's still $5 . What changes is the profit margin for the seller. That's why I asked if anyone has seen increases in prices.
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3 D-14s,A-C forklift, B-112
Kubota BX23S lil' TOOT( The Other Orange Tractor) Never burn your bridges, unless you can walk on water |
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steve(ill)
Orange Level Access Joined: 11 Sep 2009 Location: illinois Points: 77698 |
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YEP... China sells an item for $10 to a US Distributor... The US GOVT charges 15% TARIFF so in theory the IMPORTER pays the $1.50 and the item would then be sold to YOU for $11.50 .......... but what is ACTUALLY happening is China is selling the item to the US DISTRIBUTOR for $8.50 now and then the $1.50 TAX puts it back to the ORIGINAL selling price for $10. TO YOU ............. So CHINA is EATING the loss right now.. Maybe not forever, but they keep the PRICE low to keep the SALES VOLUMN UP.
You see prices going up at Wal Mart or Harbor Freight ?
Edited by steve(ill) - 07 Jun 2019 at 7:51pm |
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Like them all, but love the "B"s.
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DMiller
Orange Level Access Joined: 14 Sep 2009 Location: Hermann, Mo Points: 29464 |
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Nephew works for Harbor Freight, actually a decent job selling cheap stuff. Their discounts Continue and their pricing remains the same. He has NOT seen a 1% increase in anything as yet and as he manages a store he would know the bottom line numbers.
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chaskaduo
Orange Level Joined: 26 Nov 2016 Location: Twin Cities Points: 5203 |
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I've seen some Harbor Freight prices increase on some of the bigger equipment like floor model drill press etc, about 3-5% in the last 3-4 months.
Edited by chaskaduo - 08 Jun 2019 at 10:14am |
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1938 B, 79 Dynamark 11/36 6spd, 95 Weed-Eater 16hp, 2010 Bolens 14hp
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shameless dude
Orange Level Joined: 10 Apr 2017 Location: east NE Points: 13611 |
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and....some places tag on the word "imported" to create a bigger price for anything, now they will have the reason for the higher $$$ that they have been pocketing all this time.
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Todd AL
Bronze Level Access Joined: 13 Dec 2009 Location: Alabama Points: 177 |
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Or, you could choose to buy the same type of item that is sourced from a country other than China.
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Tbone95
Orange Level Access Joined: 31 Aug 2012 Location: Michigan Points: 11388 |
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Did the calendar just snap back like 40-50 years without me noticing??? I mean, do you really think that works today??? If anything, I'd say it's the opposite, unless we're talking Porsche, BMW, or something. As for "pocketing" that money, that's what they're in business to do. If some one buys it for the price they put on it, good for them.
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HD6GTOM
Orange Level Joined: 30 Nov 2009 Location: MADISON CO IA Points: 6627 |
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I wish they'd put a 200% tariff on dehydrated honey. China is drying honey down to powder, shipping it to Viet nam, they are taking the Chinese flag off the boat and sticking a nam flag up then shipping this crap to the US. Big honey is buying this crap, adding water to it and selling it thru the big retail stores.
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chaskaduo
Orange Level Joined: 26 Nov 2016 Location: Twin Cities Points: 5203 |
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Should at least have to have on the label, Made from Dehydrated, like OJ made from concentrate.
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1938 B, 79 Dynamark 11/36 6spd, 95 Weed-Eater 16hp, 2010 Bolens 14hp
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