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Tariffs
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Iwon'tpostonTPP
Posted 7/12/2018 13:52 (#6865655 - in reply to #6865496)
Subject: RE: Tariffs


1. You may have answered 3 times, but the mods deleted all 3 posts. I never got a chance to read them. And I'm sure you have noticed that.

2. Let's say the whole $2 drop in soy is because of the tariffs. The CBOT (traders, farmers, end users), drops the sale price. The China tariff gets added onto the CBOT price. China still pays the same $$$ for a bushel as before.

In the US, the price of steel and aluminum goes up the same or more than the amount of tariff. The price China is charging apparently stayed the same.

So, in the soybean example, the US, (farmer) is getting less, but end user pays the same. China should put a %100 tariff on.
Steel and aluminum producer gets the same amount, and the end user pays more.

Time to make these tariffs hurt China a little more.
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