Well that's idiotic reasoning. We import different things than we export. We're still paying tariffs on everything we import, which raises the prices of those products. And probably a lot of the other items, too, because corporations see an opportunity to mask their greed. Same thing happened during the pandemic.
We don't get tariffs back from the exports. These things don't cancel out
Don't kbow about "idiotic reasoning." It might be incorrect reasonong, or not quite right, or wrong, but idiotic? You have a better argument but I think it's worth trying for us to not be Reddit. ๐
Not all of our groceries are produced locally, so we pay tariffs on those. Also, increased prices for imported goods will cause inflation in the price of domestic goods.
We're not. I never said we were. We're paying tariffs on the agricultural goods that we import.
Being net exporters doesn't mean we import nothing.
It means we export more than we import.
Just because we export $101 worth of corn doesn't mean we aren't paying tariffs on $100 of coffee and bananas we import. But the corn producers might raise their prices anyway, because everything else going up provides cover for it.
You had me right up until "grocery bill". The US is a net agricultural exporter. Groceries are one thing tariffs have the least impact on.
Well that's idiotic reasoning. We import different things than we export. We're still paying tariffs on everything we import, which raises the prices of those products. And probably a lot of the other items, too, because corporations see an opportunity to mask their greed. Same thing happened during the pandemic.
We don't get tariffs back from the exports. These things don't cancel out
Don't kbow about "idiotic reasoning." It might be incorrect reasonong, or not quite right, or wrong, but idiotic? You have a better argument but I think it's worth trying for us to not be Reddit. ๐
How are we paying tariffs on agricultural goods we produce locally?
Not all of our groceries are produced locally, so we pay tariffs on those. Also, increased prices for imported goods will cause inflation in the price of domestic goods.
We're not. I never said we were. We're paying tariffs on the agricultural goods that we import.
Being net exporters doesn't mean we import nothing.
It means we export more than we import.
Just because we export $101 worth of corn doesn't mean we aren't paying tariffs on $100 of coffee and bananas we import. But the corn producers might raise their prices anyway, because everything else going up provides cover for it.
How much is that coffee that you grow in the US? What about mangoes and many many other agricultural products.
Maybe think before posting and you won't look infantile.
How much of your grocery bill is coffee and mangos?
At least 50%