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It still hides a good amount of the extra cost.
If an importer orders 10,000 units instead of 30,000 in anticipation of fewer sales, the production cost per unit will probably be higher, so they probably also have to increase the retail price beyond the exact tariff cost.
The funny part is: this shit was an internal discussion and was vetoed by higher ups before it was leaked. The administration raging over this is just bringing more attention to their own stupidity.
It's worse, they still want the consumer to believe it is "chayna" who is raising the prices beyond the reasonable. This all so they can keep pointing their finger at "the enemy" for ripping off the consumer.
But when US based companies start listing the tariff rates separately, the imagined enemy vanishes like smoke...
And this is actually a very pointed verification this is a cult and religion and not politics as usual, and also why - to those not in the cult - Trump really is subjecting the entire country to captive narcissistic abuse.
He continues to demand loyalty to the dogma over the empirical facts, and that loyalty prioritizes himself over the cumulative well-being of 300 million people. Moments of cognitive dissonance, of competing realities, are - like in a religion - seen as a test of faith and loyalty.
And like in a narcissistic abuse scenario, we are locked in a continual boundary-pushing test and punishment cycle to cement his ability to determine reality for his victims. Similarly, those who the abuser favors and performs for - friends, family - think you're all making it up and overreacting. I hope eventually someone treats this as a case study in mass narcissistic psychological abuse.
Billionaires are fucking cowards.
Contrary to the narrative, you don't become a billionaire by taking risks.
Once you're a billionaire, you have a helluva a lot more leeway and leverage to fight back, they're just fucking cowards.
That Donald Trump sure does sound like an absolute moron.
"I reject your reality, and substitute my own"
Don't....insult Adam Savage like that please
You know he was quoting a movie right?
Yeah I know but he popularized that phrase<3
sales tax are already explicit at checkout in the US, showing import tax just follow the same idea
These Nazi's need to be exposed every day. The Emperor has no clothes!
Facts are now political
Have been since 2016.
I remember running in to a Trump supporter here in Australia in 2016.
He told me with 100% aggressive confidence that HE WILL BUILD THAT WALL.
oh look, it never got built. Only little chunks
In this administration, transparency is the enemy.
In this administration, everything is the enemy. Even Trump's good graces are combative in nature. How they don't literally eat each other is beyond me.
Thanks Amazon but also fuck you Amazon.
How sad.
Pathetic.
How many different sentences of the form:
Trump demands ________ deny the reality of what his _______ are doing to _________
can you make?
If the site allows me to filter the results to only include items that have no import fees (i.e. are made domestically from domestic raw material), then I support allowing us to see it. And if that turns Amazon into a barren wasteland, good - demand better of local businesses, or start your own small business.
To keep tabs on the real impact of these tariffs, does anybody know of some good price trackers?
I knew CNET is keeping tabs on 11 electronic products: https://www.cnet.com/personal-finance/tariff-pricing-tracker-were-watching-11-products-you-might-need-to-buy/
Wow finally a correctly worded headline about this story.
"Biden called twitter to bury the Hunter Biden story." Brought to you by .... This Administration
He is well versed in denying his own orange stained bullshit