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No! The Chinks have lowered their sales price and
Posted on: January 5, 2019 at 13:56:44 CT
Spanky
KU
Posts:
138276
Member For:
19.86 yrs
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User
M.O.B. Votes:
4
margins in order to remain competitive in the US market. No evidence of tariff pass through to consumers
https://seekingalpha.com/article/4223052-core-cpi-rebounds-used-car-bump-tariffs-impact-mixed
Edited by Spanky at 14:00:21 on 01/05/19
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"China is paying us tremendous tariffs"
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MrBlueSky
MU
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1/5 10:58:08
it is paid for by exporters when a buyer is savvy
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Spanky
KU
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1/5 11:29:40
nothing is free
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Ferg
MU
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1/5 11:36:59
You are incorrect
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Spanky
KU
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1/5 12:12:35
it affects US companies like AMD and Nvidea
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Ferg
MU
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1/5 12:16:07
They will lower margins and it is money that was
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Spanky
KU
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1/5 12:22:18
OK, so lower margins is a good thing?
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Ferg
MU
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1/5 12:27:31
For companies operating in China and not paying US taxes?
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Spanky
KU
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1/5 12:29:59
great, so we are back to square one
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Ferg
MU
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1/5 12:33:33
No! The Chinks have lowered their sales price and
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Spanky
KU
-
1/5 13:56:44
Rupar is a political hack with VOX
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mu7176grad
MU
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1/5 11:19:34
consumers pay tariffs
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Ferg
MU
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1/5 11:03:44
Not always. Chinese sellers have taken a margin hit to
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Spanky
KU
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1/5 11:33:30
tariffs aren't 25%, some have been raised 10%
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Ferg
MU
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1/5 11:39:43
Some are 30%
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Spanky
KU
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1/5 12:06:23
He thinks we're getting money from China
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MrBlueSky
MU
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1/5 11:04:41
He probably does,
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Ferg
MU
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1/5 11:06:42
That was at a press conference.
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MrBlueSky
MU
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1/5 11:15:32