Trump starts his Rose Garden border wall announcement 40 minutes late, with a digression on China. He says there are "billions of dollars pouring into our treasury," but doesn't mention that money actually comes from Americans paying the cost of tariffs
Chinese manufacturers pay for it? They're paying in the form of bankruptcy and fewer orders...but American importers are paying the tariffs.
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The FOB price is negotiated. Why would the importer not ask the factory to take a price cut? If it’s a large importer?
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Right, but it's FOB China port, not FOB USA, so the importer is paying. Because that importer already asked for them for a discount? A lot of Chinese exporters don't have the margin for a 10% tariff on cost including shipping. So the importers go to SEA and the mfr go bust.
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