Yesterday, 10:58 PM | #32 |
Join Date: Feb 2021
Location: Kansas City
Posts: 2,755
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I thought tariffs are paid by the importer of record, at customs, not the manufacturer in the country of origin. The importer might be ordering parts, like a domestic auto manufacturer buying relays or windshield wiper motors, or could be a big box store getting finished clothes washers or dryers ready to sell. Cell phones, toasters, microwave ovens, whatnot, the importer pays the tariffs and the increase is usually just passed to the consumer. It spurs inflation.
The manufacturer of origin probably suffers lower sales, but they don't pay the tariff. Big box store just charges more for the BBQ grill, wheel barrow or whatever.. You can check me on this, but I think this is how it works. I don't think you can collect taxes directly from a manufacturer like Kia or Fiat. Maybe the importer can ask the manufacturer to pay all or part of the tax. Not sure if that happens. It would be a contractual arrangement, right? I wonder?
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No matter where you go, there you are Last edited by Thumper; Today at 12:59 AM. |
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Today, 02:46 AM | #33 |
Join Date: Jun 2023
Location: Big Piney, WY
Posts: 623
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I honestly don't know. I just saw him on Rogan talking about how he loves the word tariff. Then I noticed shipping times increase, but that could be due to the fact that I live in Podunk, WY. When it comes to business, I can't tell the difference between a business man and a confidence man.
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2023 Hawk 250 from XPRO off of Amazon MOUNTAIN MAN RC + MOTO on YouTube "If there were more bloody noses, there would be less wars." - Hagbard Celine John 2:15 So He made a whip out of cords and drove all from the temple area, both sheep and cattle; He scattered the coins of the money changers and overturned their tables. |
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