Play Nice 47th President of the United States: Donald Trump - Part 22: Insert Blame Here

[Gethelred]

<-- Part 21 "Alien vs Predator" can be found here.

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Thanks all.

 

[kranky al]

People are going to stay away in their droves.

Can you imagine South Americans flocking to the us to watch?

You wanna wake up in some torture cell in a country you aren’t from?

 

[kranky al]

You’d imagine so. But they are only the legal entity. The cost of the tarriff is generally factored into the purchase price.
Example: a $100 unit attracts a 20% tarriff. So they will do a deal with exporter to reduce price to $90 therefore total liability for importer is $108. Exporter sells for $90 instead of $100. Importer cost becomes $8, exporter cost $10.

The $8 would generally be passed onto consumer, thereby reducing demand.
What’s interesting in the Vietnamese example is that demand actually increased. I’m assuming an increase in demand because there was an increase in exports.

Probably a host of reasons for that - however nuance and context pretty much above most on this thread. Memes and Twitter posts rule the day here.

Try and imagine the exporter is you.

And some guy from some country is telling you to reduce your gross on a product by ten percent.

Which is likely 50% of your profit.

Are you taking that pineapple and stuffing it up your own arse?

Or do you say- yeah nah the price is what it is, if you don’t like it buy elsewhere.



Now here’s a hint : if things worked like you think - everyone would immediately offer exporters 10% less and pocket the difference….

 

[Mick F]

Try and imagine the exporter is you.

And some guy from some country is telling you to reduce your gross on a product by ten percent.

Which is likely 50% of your profit.

Are you taking that pineapple and stuffing it up your own arse?

Or do you say- yeah nah the price is what it is, if you don’t like it buy elsewhere.



Now here’s a hint : if things worked like you think - everyone would immediately offer exporters 10% less and pocket the difference….

Average tariff on Chinese imports 47.5%

Wholesaler

$40 cost of sales
$30 operating expenses
$21 30% mark up/profit margin
$91

After tariff
$116

Retailer

$116 cost of sales
$39 operating expenses
$46 30% mark up/profit margin
$201 (from $169, 19%)

• Over time operating expenses will increase due to heightened inflation = higher prices = higher running costs
• Relationship between demand and price is not linear in the real world. Eg ‘working families’ tend to primarily buy staples (eg tea, school shoes), so demand inelastic.

 

[kane249]

Try and imagine the exporter is you.

And some guy from some country is telling you to reduce your gross on a product by ten percent.

Which is likely 50% of your profit.

Are you taking that pineapple and stuffing it up your own arse?

Or do you say- yeah nah the price is what it is, if you don’t like it buy elsewhere.



Now here’s a hint : if things worked like you think - everyone would immediately offer exporters 10% less and pocket the difference….

In simple terms for MPMonkeys

 

[Spearman]

From some Americans I know...
a teacher in Nevada, probably a mix of economy and ICE

My school district came up 30,000 kids short to start this school year. At 28 years, my job wasn’t in jeopardy, but lots of staff lost jobs. I went from classes averaging 29-30, to now 35-40.

A guy who left his engineering job and went all in on a tavern style eatery, survived covid, has seen others in his area close some of whom have been going for decades, independents and franchises "major regional F&B meltdown underway".

Just closed out November. The Saturday after thanksgiving is, historically, a big day. I always book a high end band for that night. Unfortunately we pretty much lost Saturday and Sunday due to snow. I would estimate lost sales to the weather being in the $12-13,000 range. The band cancelled itself so at least I wasn't out that money.

Ended the month down 25.4% YOY from November 2024. ($57,000 less sales or a decline of approximately $2,200 per operating day in November or approximately 130 less people in the door daily.

We cut $10,860 from payroll compared to 2024 (15.8%) and $30,229 from our COGS (food, alcohol, disposables, chemicals). 50% of the payroll cut was me as I took no pay in November.

Due to cost saving measures we made a profit. One thing we have never had to do, or did, before was cut people. If we scheduled someone they got to work that full shift. If it was slow they could voluntarily cut themselves. We let people sit on the clock if we scheduled them even if it was wasted labor cost. We cut aggressively now which I absolutely despise because it destabilizes employees expected income and moral. Would help plan if I could see the damn CPI and jobs report.

December, January and February will be difficult as that is the worst three months of the year historically. March, April and May are the three best months.

another guy,

Welp, maybe The Rapture did happen.

A few hours ago I attended a mandatory all-hands live video stream from our CEO announcing an upcoming cull (sorry - "reorganization") due to significant decreases in our sales and equally significant increases in excess production capacity, both driving down volume and pricing. We're in the food business, so I'm sure none of this would be surprising to xxxx, and to be honest given how Trump is so totally and cluelessly ****ing up the world economy, I saw this coming too.

this one hasn't gone into details as much, but same shit. He has noted often he lives amongst them (MAGAts) but also in a city with 57% Hispanics. There is significant agriculture in that area and I think it's related to his situation. It's been tearing him up watching people he's worked with a longtime getting let go.

In my 47 years in the workforce I've been through a number of reductions of force. I managed to survive them all but they were all disheartening and demotivating. Early in my career they were terrifying. My company is going through one right now and because I am able to retire when I choose I actually asked to take advantage of the voluntary termination option due to the associated benefits and cash. They denied my request so I know two things. I won't be part of the involuntary terminations and my eventual early "retirement" will just be a simple quit.

Well, I got The Call this morning. Good news is I'm fine. Bad news, my most critical technical guy on my team is not. 60 years old, 30 year employee, the only person in the organization that knows how to support a handful of archaic yet critical systems, and one of the nicest people I've ever had the luxury of working with. I have no idea what I'm going to do without him. Shit's gonna start falling over soon and no one will know how to fix it. Certainly not me, but it will be my problem.

The main theme has been prices have gone up for supplies, and the margins aren't big enough to jack up their own much. But also people just aren't going out as much as before. One said he'd done a google search on states in recession. From about two weeks ago there were 22 states within the definition of recession.

 

[TheSunGod]

Yeah they never go into East LA

 

[Romeoh1]

Can you imagine South Americans flocking to the us to watch?

You wanna wake up in some torture cell in a country you aren’t from?

Lots of soccer fans are very invested in ‘the world game’- they’ll turn up. Infantino has probably done some kind of deal w trump to cool it during the tournament? Crooked.

 

[Frank Grimes]

Try and imagine the exporter is you.

And some guy from some country is telling you to reduce your gross on a product by ten percent.

Which is likely 50% of your profit.

Are you taking that pineapple and stuffing it up your own arse?

Or do you say- yeah nah the price is what it is, if you don’t like it buy elsewhere.



Now here’s a hint : if things worked like you think - everyone would immediately offer exporters 10% less and pocket the difference….

I would have thought that the customers (importers) would have already negotiated the best possible price to start with. If the exporter is able to so freely reduce their profit margin then it just means the importer didn't do their due diligence in finding the best deal for them in the first place.

At best tarrifs might incentivise the importer to do their due diligence if they haven't. Otherwise Tarrifs are really a non-factor in the exporters reducing their price.

Though I haven't heard of exporters reducing the price of their products, but that may be because I haven't been looking.

 

[Aussie in exile]

View attachment 2492605

Seek help donny.Seek help

 

[CD Xbow]

You just know he's a Russian asset when the Kremlin says this:

Kremlin hails Trump’s national security strategy as aligned with Russia’s vision

Moscow welcomes White House document critical of the EU as talks to end the Ukraine war enter a key phase

www.theguardian.com

 

[Aussie in exile]

You just know he's a Russian asset when the Kremlin says this:

Kremlin hails Trump’s national security strategy as aligned with Russia’s vision

Moscow welcomes White House document critical of the EU as talks to end the Ukraine war enter a key phase

www.theguardian.com

It becomes obvious to me and possibly others that putin has something on donny that donny doesn't want in the public domain

 

[Chief]

It becomes obvious to me and possibly others that putin has something on donny that donny doesn't want in the public domain

Or he's dangling rights over resources that Donny can skim from.

Also, why haven't we heard about Hunter's laptop recently?

 

[Aussie in exile]

Or he's dangling rights over resources that Donny can skim from.

Also, why haven't we heard about Hunter's laptop recently?

Yes I wonder why we haven't heard about Hunters laptop recently.
Is it because there is nothing worth while to see on it despite republican claims?
Didn't i also see somewhere that melania was going to sue Hunter over some claims he made, but funny that's all gone quiet on that as well. I can't think why?

 

[MPMonkeys]

Try and imagine the exporter is you.

And some guy from some country is telling you to reduce your gross on a product by ten percent.

Which is likely 50% of your profit.

Are you taking that pineapple and stuffing it up your own arse?

Or do you say- yeah nah the price is what it is, if you don’t like it buy elsewhere.



Now here’s a hint : if things worked like you think - everyone would immediately offer exporters 10% less and pocket the difference….

That depends - If the importer is the exporters main customer then taking a haircut in that deal may be better than not having that customer at all

But your point is valid - there are numerous other scenarios for the article in question. My beef was that the poster was trying to draw a direct correlation between a countries exports to the US being up and the unemployment rate in the importers country. Plainly ridiculous. Sadly but not surprisingly it was liked by numerous posters who see something on twitter and automatically think its true.

 

[SBD Gonzalez]

Dribble. Facts. What Trump supporter knows the difference these days?

Not to mention the fact that it’s “drivel”.

 

[Royces Hart]

Sadly but not surprisingly it was liked by numerous posters who see something on twitter and automatically think its true.

Coming from the primate who thinks the courts got it wrong and Trump is innocent because Donald said so.

 

[Baldur]

Lots of soccer fans are very invested in ‘the world game’- they’ll turn up. Infantino has probably done some kind of deal w trump to cool it during the tournament? Crooked.

No worries than, Donny can be trusted to keep any deal he agreed too. Then again maybe not.

 

[cakewalk06]

Coming from the primate who thinks the courts got it wrong and Trump is innocent because Donald said so.

I can't help it but be fascinated to know the mindset of those who still support the Trump regime. I mean it seems his approval rating is around 36pc? There are a still a lot of people who have stuck, seemingly including Monkeys, if they are not some sort of bot?

I mean, I would have thought the one single issue of Trump's blatant personal grift would be enough for anyone to want him impeached and jailed, let alone believing he is doing good things for the US. And that is but a fraction of the overall s***show. I can't believe it's just stupidity.

 

[Festerz]

Well, the latest Mme Tussaud's exhibit is utter crap.

 

[Gough]

I remember the 80s too.

 

[faible]

I would have thought that the customers (importers) would have already negotiated the best possible price to start with. If the exporter is able to so freely reduce their profit margin then it just means the importer didn't do their due diligence in finding the best deal for them in the first place.

At best tarrifs might incentivise the importer to do their due diligence if they haven't. Otherwise Tarrifs are really a non-factor in the exporters reducing their price.

Though I haven't heard of exporters reducing the price of their products, but that may be because I haven't been looking.

Birkenstock raised prices globally to offset the cost of tariffs in the US and limit the amount they had to raise prices there to cover the tariff. Everyone loses.

 

[faible]

But employment is only one part of the equation. Tarriffs were implemented to stop the flood of cheap goods into the country that the US was not getting a net benefit from.

At least now they are getting a 'fee' wheras before they received nothing and were locally uncompetitive.

Tariffs have not reduced the incoming flood of cheap goods.

The US cannot price compete with China or Vietnam on mass manufacturing even with the tariffs, nor are they setup to do so if they could. It's a lose:lose situation for US consumers. Which was obvious from the start to basically everyone.

You cannot simply undo global supply chains and the efficiencies of scale mass manufacturing can achieve in the space of a few months.

US consumers most definitely benefitted from cheaper access to consumer goods, pretend they had no benefit is rather reductive.

 

[GreyCrow]

Well, the latest Mme Tussaud's exhibit is utter crap.


View attachment 2492780

Sgt Peppers 2025


*I cant believe Sly isnt wax

 

[Crow54]

I can't help it but be fascinated to know the mindset of those who still support the Trump regime. I mean it seems his approval rating is around 36pc? There are a still a lot of people who have stuck, seemingly including Monkeys, if they are not some sort of bot?

I mean, I would have thought the one single issue of Trump's blatant personal grift would be enough for anyone to want him impeached and jailed, let alone believing he is doing good things for the US. And that is but a fraction of the overall s***show. I can't believe it's just stupidity.

Well, Sam Newman thinks Trump's an absolute star. But he may have had a few head knocks during his career.

 

[GreyCrow]

Well, Sam Newman thinks Trump's an absolute star. But he may have had a few head knocks during his career.

I do think there are those - like Sam and my mate - who ''like'' the attack on wokeness that Donny encourages - who hate Disney now

Who like the attacks on political correctness, who will defend the right to free speech - until of course they are attacked then its bad

''no more gender bs - no more lefty indoctrinations of trans school kids blah blah ''

All the fear mongering conservative high points