It highlights another issue. What people don’t seem to realise is that tariffs are applied to the declared value at point of import not the retail value. That would push the cost of this maga hat up to $2.45. Watch to see if they up the retail price. I reckon they’ll push it to $55. Even more profit
It also highlights another issue. I’m tired of listening to Trump whinging about China ripping the US off and stealing jobs. Those jobs were exported by corporate America in the search for increased profitability. This is a classic example. And glorious it’s the Maga idiots that are the ones paying
Yeah, the ancient Supreme Court judgement about companies and the “best interests” of shareholders was frequently taken to mean ‘maximise shareholder return’ in the 1990’s and employees seen as a ‘cost’ of doing business.
This is something no-one ever seems to mention. "They're stealing our jobs!" Correct, if "they" were the corporates who move manufacturing out of the country in search of cheap labour and greater profits!
Tbf wait til their mortgage is at 17% and we can check again. Don't forget they're squeezing the vice on the proles at *both* ends in this recession/depression.
Trump has to move fast to undermine the electoral system before the next elections. By then the damage will be clear. He's facing a bond market meltdown and the Supreme Court at last finding its true purpose. But this coup isn't going to give up so easily. They won't get another chance.
The Chinese often use the word "interesting" in a negative way. "May you have an interesting life" is seen as a Chinese curse. So, in answer to your question, I expect the Chinese would describe MAGA people as "interesting."
It’s crazy how he is ripping of his own Americans .. he is destroying them.. the MAGAs had been lobotomised long ago and their stupid hats are hiding it ..
A bit like our last Brexiter Conservative government who trumpeted ‘control of our borders’ but were never quite ready to do it, so goods came in unchecked while our exports were delayed and checked and subject to EU tariffs on 3rd countries. Jingoism combined with incompetence is never good.
- What is your reason for visiting the US today?
- Smuggling
- Are you smuggling any goods today?
- Fentanyl
- What the value of these goods?
- $5,000
- There's a 25% tariff on pharmaceuticals, cash or card?
Ho, ho, ho! So the tariffs actually have nothing to do with making America great again. I mean, there you go, the Felon has his merchandise made in China!
Similar, but these are all functions of limited supply of space. MAGA hats are the result of merchandising rights creating a cartel. Both are economic rent resulting from consumers valuing the goods/services astronomically higher than the cost required to supply that demand.
Comments
https://en.wikipedia.org/wiki/The_Pursuit_of_the_Millennium
https://www.ft.com/content/f2073852-b5e7-42a7-b493-f453931992a6
Literally "diarrhea pilot"
(*kind way of saying "thick".)
https://newrepublic.com/post/193930/ports-not-collecting-trump-tariffs-glitch
- Smuggling
- Are you smuggling any goods today?
- Fentanyl
- What the value of these goods?
- $5,000
- There's a 25% tariff on pharmaceuticals, cash or card?
The rip of the fans' mentality of tickemaster, football teams, hotels during any fan based event.