Trump lashes out against cross border shopping

The shoes ain't made in the USA anyway. All the people who punched shoe leather up in Maine are on welfare now.

 

Perhaps you can explain why Trump is complaining about Canadians spending money in the US without declaring the bought far eastern made shoes to Canadian customs resulting in less tax revenue to Canada?

 

Thanks for proving my point. This is about Canadian tariffs, something the left is dense on.

 

I always thought that Trump is a big business man with a sense of economy ... apparently not.

What's wrong with Canadians going to the US and spending money legally and legally? Nothing! The IDIOTUS really has no idea of anything!

 

Wow, just wow. How can anyone so entirely miss the meaning of this shoe story proving high tarrifs in Canada?

 

So you must be against increasing tariffs on imports as Trump has pointed out how bad high tariffs are for Canada?

 

You got it.
People forget that the main thing China adds to products is only labor.
It's the same problem Trump had with ZTE. All the IC's came from Qualcomm, so it cost china $10 a phone and the US $30.

 

Err, the "left" has been pointing out this will happen to the US too ever since Trump announced that he wanted to increase tariffs on imports, something the "right", oddly (sarcasm) just today, is agreeing on!

 

was thinking the same, are shoes even made in America anymore... isn't Trump's stuff he sells all made in other countries too, when is the Trump family gonna bring their businesses jobs home

 

which is why you put a tariff on the phones

 

so you can pay more . there is no US made phone all are made in china or parts made in china

 

cause the issue is small, it's like one state in the us complaining people that live on the border of a state with cheaper cigarette taxes driving over to the other state

 

yes, if you want American jobs, then the price of foreign goods must be the same as American goods... otherwise the corps will move all their jobs overseas like Trump

 

I think they somehow think that if Canada didn't have tariffs on shoes that Canadians would spend ten times as much for American shoes as they do for offshore shoes. It's Trump logic.

 

no, you just made the same argument to trash canada, lol

maybe Trump really wants the wall so Americans can't go to Mexico to get cheap stuff

I support Trump on Tariff's as I think we need them, on products, not natural resources

if it's a product we need that can not be made in the usa, the Tarrif can be adjusted lower, to pay for the tax cuts for the corps, we need to collect tariff's too, Trump should of done Tarrif's first, then tax cuts and only gave the tax cuts to corps that did not outsource jobs

Trump should lead by example though and bring his own businesses jobs back home

 

One possibility is that the tariff on imports into Canada on, for example shoes imported from China, are higher than the total US tariffs on those same shoes from China plus the tariff imposed on those shoes going from US to Canada.

 

Trump was the only one that could get the right to support Tarrif's, dems have supported for years, repubs were against - times be a changing

if dems take control of Congress, we may get a lot done the next two years and Trump as the cult leader to the right may be able to get them to support it all

 

If it were only that simple....
Take Apple for example. Over 60% of Apples sales are outside the US. So while bringing all that "stuff" back to the US sounds good it destroys the business because other people build phones.
Studies have shown that simply bringing the assembly labor back to the US (which is a nit by the way) would add about $40 to the cost - Right now almost all parts are made offshore.
Who knew trade could be so hard?

 

You are making stuff up in a desperate attempt to defend stupidity. There are no tariff's on shoes for sale in Canada from the US. That is what NAFTA is about - the elimination of tariffs on most goods - the agreement that Trump hates so much.

Trump could take dump on the sidewalk and you would make up some excuse and say it smelled like roses.

 

Do explain the horribly high duty taxes as compared to the US. Then explain what this has to do with Tariff's on goods brought from the US for sale in Canada ?

 

You are the one embarrassing yourself - NAFTA eliminated tariffs on most goods. You were the one who stated there are high tariffs on shoes. Please tell us the amount of tariffs on shoes imported from the US for sale in Canada.

 

Do explain the meaning of the Trumps shoe story that we have missed ?

 

Pretty funny really. Trump just makes **** up and his supporters just take it as gospel.

According to the International Trade Centre, a dual project of the United Nations and World Trade Organization:

• Canada applies an average tariff rate of 13.12% on imported shoes.
• The US applies an average tariff rate of 11.86%.
• So, the average tariff rate on foreign shoes going into Canada is just slightly higher than shoes going into the US.

• No tariffs are applied on footwear moving between the two countries if they are made in either country, due to the North American Free Trade Agreement, or NAFTA.
• Additionally, members of the European Union and other Canadian allies also enjoy tariff-free shoe imports.

 

The more one get's into the details - the dumber Trump's trade war gets. I have to assume that the reason so many of Trump's inner cabinet (19 out of 22 according to some reporting) - and so many Republicans in Congress - is because they have gotten into the details.

I know the oil market well so the impact of China putting a tariff on US oil was immediately apparent - (disturbingly negative to the US) - Billions of dollars. I was not aware of the relatively small impact of tariff's on things like cell phones would have on China.

Electronics makes up most of the trade imbalance. The thing is that many of these companies (Apple, Qualcomm, and so on) are US companies and so they are the one's that will be hurt. The impact on China from one less cell phone or computer being sold is a very small fraction of the value.

The impact to a US company of selling one less barrel of oil to China instead of within the US is huge.

The discount to the WTI price for shale oil is 10-13 dollars. WTI typically runs 10 dollars below Brent.
https://www.marketwatch.com/story/w...big-profits-for-us-shale-producers-2018-05-17

The differential to Brent is then at least 20 dollars/barrel.

Brent right now is roughly 74 dollars a barrel. A company producing at $50 a barrel - all in costs for shale oil .. selling at the Brent price nets 24 dollars a barrel. Selling at the discounted WTI price nets 1-4 dollars a barrel.

The difference to profit margin is astronomical.

 

Yes .. so in one breath Trump is railing against tariff's (tariffs that do not exist in this case) - and in the next breath he is attacking NAFTA which is the agreement that eliminates these tariffs.

The stuff coming out of Trumps mouth is any story he can make up that he thinks the ignorant raging masses will believe - regardless of whether or not that story has any basis in fact or reality.