permafrost Loc: Minnesota

Admittitly, I fail to see the point your are trying to make?


You think we are importing these things and then get no good use from them, so we are simply gifting China with our money??

Those items are purchased by US companies because they are need or used in other products.. we want them, need them..

with tariffs on top of the original cost, that amount is added to the consumer cost of the end product.

and we, the consumer pay those costs, it does not come from the Chinese pocket, as a cost of doing business, just like any other it is passed to the end buyer..

America 1 Loc: South Miami

Critics say Trump’s tariffs will drive up prices for American consumers, but so far it’s not happening broadly. Still, signs of trade-war inflation are emerging in the world’s largest economy. The price of items on U.S. store shelves in seven tariff-hit categories increased 1.6% through April following the first round of tariffs in July.
For Trump there’s only one metric that shows whether the U.S. is winning or losing the economic scrum with China:
The number still shows he’s behind by a large margin, but the trade deficit with China has indeed narrowed in recent months.
Minus 26 Billion.
https://www.bloomberg.com/graphics/2019-us-china-who-is-winning-the-trade-war/

China’s economy decelerated to its slowest growth rate in 27 years, partly because of a slump in exports, as Beijing and Washington remain locked in a trade war that has no end in sight.
https://www.washingtonpost.com/world/asia_pacific/chinas-economy-slows-to-a-27-year-low-as-trade-war-with-the-us-bites/2019/07/14/229d25aa-a6a7-11e9-8733-48c87235f396_story.html?noredirect=on&utm_term=.c311a2f0a193

permafrost Loc: Minnesota

OK,,

as far as I know, by far the biggest effect has been from the canceling of all the soybean orders..

for appliances, in spite of the talk by the sales lady, only the newest of production has been included in the price increase so a bit of time..

Autos, I do not think the increase has hit them yet. but a bet the guy trying to sell you a car will claim differently..

All the other stuff, I have not kept track of..

We will pay in due time.. buy now could be a good idea..

It was for us..