Tariffs Catch-All

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Treasury Department reports that customs duties revenue for April totaled 16.3 B as compared to 7.1 B last April.

It won’t solve the debt problem alone but it’s a start.
 
Ramrouser said:
Treasury Department reports that customs duties revenue for April totaled 16.3 B as compared to 7.1 B last April.

It won’t solve the debt problem alone but it’s a start.
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Right. Boosted by businesses importing more than normal in effort to get ahead of the tariffs.

It won’t solve anything, but you’ll lap up and parrot the propaganda pumped out by right wing media.
 
The importation of goods by businesses to increase inventories occurred prior to April 1st - Liberation Day. - when the new tariffs went into effect.
 
ZenMode said:
"That" being the discrepancy between tariffs we're charged and tariffs we charge.

We have 300 million people and we have lots of money. We will have a trade deficit with certain countries indefinitely.
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There's always going to be differences in trade. Hint we probably don't buy the exact same thing we are selling to China.

I read about one very poor country that we purchase a lot of diamonds from. This country is so poor they don't purchase much back, so it appears that we have this big trade imbalance. But in actuality there's nothing wrong with it not being dollar for dollar.
 
ZenMode said:
No, I'm contesting that there isn't still a gap between what we charge and are charged.

I don't trust the go-along-to-get-along beurocrats to do what's best for the country, even after 8 tries.
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But you trust a failed con man grifter, who's only rich because of his daddy? A felon that's bankrupted multiple companies?

Wow, I don't know what to say.
 
Ramrouser said:
Treasury Department reports that customs duties revenue for April totaled 16.3 B as compared to 7.1 B last April.

It won’t solve the debt problem alone but it’s a start.
Click to expand...
$9 billion is less than a drop in the bucket relative to our debt.

My guess is our annual budget deficit will increase this year, despite all the hoopla.
 
Ramrouser said:
Treasury Department reports that customs duties revenue for April totaled 16.3 B as compared to 7.1 B last April.

It won’t solve the debt problem alone but it’s a start.
Click to expand...
This is also attributed to over stocking to beat the tariffs. So, at some point there will be a correction to level out those orders, that month will erase this extra "Revenue".
 
Ramrouser said:
The importation of goods by businesses to increase inventories occurred prior to April 1st - Liberation Day. - when the new tariffs went into effect.
Click to expand...
Exactly, they were over ordering to get ahead of the stupid taxes.

Just wait, it will go back down below normal levels. I'm sure that on the year we end up negative, well unless China Rolls trump in the negotiations.
 
I wonder how many companies are going to gamble that the tariffs will be “only” 30% and have factories/suppliers in China go ahead and ship product?
 
UNCatTech said:
But you trust a failed con man grifter, who's only rich because of his daddy? A felon that's bankrupted multiple companies?

Wow, I don't know what to say.
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I wouldn't say I trust him. He's a pathological liar. I'd say I support his attempt, if it's authentic, to correct any "wrongs".
 
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