Trump: We have agreed to a Tariff for South Korea of 15%. America will not be charged a Tariff | Metals Mine
Added at 5:21pm
Added at 5:22pm
Comment Options
OutThere
Jul 30, 2025 7:00pm
Permalink
Quoting Trader#86C3
{quote} 100 agree with you. The only thing I bought in the last 6 months , not made in the US , was running shoes. And I actually paid $5 less than I paid 1 yr ago.
I'm sure all components were made in US too. I guess you guys are 100% self sufficient in US and just need to build a wall all around you and inbreed your maga brains.
Reply
The Fool
Jul 30, 2025 8:42pm
Permalink
Quoting The Fool
Who pays the tariffs?
It's a simple question. Really simple answer, too. US businesses that import foreign goods pay the tariffs and pass all or part of that expense on to consumers. Every time I see a news article here on FF where Trump lies about foreign nations paying the tariffs, about tariff revenue "pouring in" to the USA, I will remind you of these basic facts by asking: who pays the tariffs? If you want to argue that you don't need anything that is imported, fine. This is not about you. The Trump administration brags every month about the increased revenue paid into the US Treasury from tariffs. So, somebody paid. Hundreds of $billions in taxation. If Trump had called this taxation a "sales tax" or a "foreign consumption tax", then do you think the GOP would have gone along with that? No.

So, if some particular industry is re-shored - do you think those goods made in the USA will be cheaper? Do we have the workforce needed to make the cheaper things that we now import? I saw the head of GM on Bloomberg today. He was asked what kind of tariff on cars imported from S. Korea would be needed so that GM-made vehicles could compete, on price. He's a smart guy and said yes of course they know exactly what it needs to be: 50%. Who would pay that tariff? What would it mean for the cost of a new car made by GM in the US?

It's a very radical thing the POTUS is trying to do with US trade. We'll see how it works out.
OutThere
Jul 30, 2025 9:06pm
Permalink
Quoting Trader#DAFC
{quote} I’ve spoken with many people who have worked with or have offices in Canada. There is one absolute they all say, Canadians are very lazy. You are a lazy country, that literally couldn’t defend itself from Rhode Island and you need your government to think for you. Therefore I can’t imagine anything you would say is worth listening to. Weak and irrelevant, seriously, your entire country isn’t significant on the world stage at all. Americans went through a 50% inflation spike and not only survived but thrived. A few more inflation points will...
I work in a technical field with engineers and professionals all around. A day doesn't go by that I hear stories about lack of knowledge and quality in the way Americans operate. You guys are butt of all jokes. Our professionals have to constantly teach you proper quality procedures as cutting corners and doing subpar work is a cornerstone of your industries.
Canada is a peaceful country. We don't go toppling foreign countries to install our dictators so they can sign lucrative oil and minerals deals for our country to enrich ourselves like you Americans. That's why we don't need an army. You guys have your claws all over the world and need to defend your ways of taking from others hence a big army.
Reply
Trader#86C3
Jul 30, 2025 7:10pm
Permalink
Quoting OutThere
{quote} I'm sure all components were made in US too. I guess you guys are 100% self sufficient in US and just need to build a wall all around you and inbreed your maga brains.
Until you Canadians can learn how to put out fires, you should probably work on that and not worry about the US. But yes, I do not need anything not made in the US
Reply
OutThere
Jul 30, 2025 8:57pm
Permalink
Quoting Trader#86C3
{quote} Until you Canadians can learn how to put out fires, you should probably work on that and not worry about the US. But yes, I do not need anything not made in the US
Haha, as if you Americans haven't had fires and as if the smoke from the fires you didn't know how to put out didn't cross the border.
It has happened a lot and us Canadians have offered our services to put you American's fires out every time.
You may think you not need anything not made in the US but you are using material from other countries all the time. For $5 less you'd do anything as you demonstrated.
Reply
OutThere
Jul 31, 2025 6:13am
Permalink
I did a bit of search on Sydney Sweeney. She is good white meat. That's how MAGA likes their women.
https://www.google.com/search?q=Sydn...zA&sclient=img
Reply
OutThere
Jul 31, 2025 8:01am — Edited
Permalink
Quoting The Fool
https://www.yahoo.com/finance/news/f...044442868.html
Maybe he should have a talk with its union. By supporting Trump, they have supported the damage he is doing to their industry.
https://www.cbc.ca/news/canada/winds...-why-1.7483459
Reply
The Fool
Jul 31, 2025 8:13am
Permalink
Quoting OutThere
{quote} Maybe he should have a talk with its union
For the tariffs to be effective in re-shoring competitive industries, they need to be higher. But, with higher tariffs, the mfr's take such a hit on their bottom line that they can't afford to stay in business. Broadly, in order to "level the playing field" in international trade, American workers need to lower their standard of living - lower pay, less health/environmental regulation, etc.

DJT sees tariffs as a panacea because the revenue is impressive. But.....WHO PAYS THE TARIFFS?
The Fool
Jul 31, 2025 8:18am
Permalink
All of the uS auto makers are reporting large losses due to the tariffs. Who paid the tariffs?

https://www.automotivelogistics.medi...s-in-q2/649134
Trader#746B
Jul 30, 2025 6:26pm
Permalink
Quoting The Fool
Who pays the tariffs?
What exactly do you think the average American has no choice but to buy that’s imported from South Korea? I’d guess I’ll pay close to zero or a completely irrelevant amount of dollars over the coming few years. People seem very confused about tariffs and their impact on actual consumers. There are always alternatives to buy, or just don’t buy it. Not a single tariff affects me, my family, or anyone I know significantly. It will raise prices for some things but I’m not aware of any tariff that will affect my bottom line to any real degree.
Reply
Trader#86C3
Jul 30, 2025 6:41pm
Permalink
Quoting Trader#746B
{quote} What exactly do you think the average American has no choice but to buy that’s imported from South Korea? I’d guess I’ll pay close to zero or a completely irrelevant amount of dollars over the coming few years. People seem very confused about tariffs and their impact on actual consumers. There are always alternatives to buy, or just don’t buy it. Not a single tariff affects me, my family, or anyone I know significantly. It will raise prices for some things but I’m not aware of any tariff that will affect my bottom line to any real degree....
100 agree with you. The only thing I bought in the last 6 months , not made in the US , was running shoes. And I actually paid $5 less than I paid 1 yr ago.
Reply
Trader#DAFC
Jul 30, 2025 7:15pm
Permalink
Quoting OutThere
{quote} I'm sure all components were made in US too. I guess you guys are 100% self sufficient in US and just need to build a wall all around you and inbreed your maga brains.
I’ve spoken with many people who have worked with or have offices in Canada. There is one absolute they all say, Canadians are very lazy. You are a lazy country, that literally couldn’t defend itself from Rhode Island and you need your government to think for you. Therefore I can’t imagine anything you would say is worth listening to. Weak and irrelevant, seriously, your entire country isn’t significant on the world stage at all.

Americans went through a 50% inflation spike and not only survived but thrived. A few more inflation points will not be terribly relevant since the vast majority of non discretionary spending isn’t affected by tariffs. But I would say I doubt the US will end up taking in anywhere near what they think in tariffs. If you tax people too much they move, if tariffs are too high people will switch to non tariff items as much as possible.
Reply
The Fool
Jul 30, 2025 6:15pm
Permalink
Who pays the tariffs?
The Fool
Jul 31, 2025 7:55am
Permalink
https://www.yahoo.com/finance/news/f...044442868.html
Schweet
Jul 31, 2025 6:57am
Permalink
Quoting OutThere
I did a bit of search on Sydney Sweeney. She is good white meat. That's how MAGA likes their women. https://www.google.com/search?q=Sydn...zA&sclient=img...
Ya she is gorgeous very unlike the runts you limp wristed gimps get.
Reply
ME-Trader
Jul 30, 2025 5:27pm
Permalink
Gold lower.
Reply
Trader#4911
Jul 30, 2025 5:47pm
Permalink
If a company secured a payment from a customer for "doing business" the CEO would be locked up for taking bribes, but it's okay for a country to do so? It all stinks a bit to me. Oh, & the CEO get to decide on how the "gift" is used. If this man was selling a car you'd need to check under the bonnet (hood) to see if there are actually any working parts. I wish the USA well, I really do - but another 3.5 years of this kind of behaviour will surely take it's toll on it's "friends".
Reply
Schweet
Jul 31, 2025 12:32am
Permalink
Inserted Video
Reply
Schweet
Jul 31, 2025 12:43am — Edited
Permalink
As we all know the Libturds are the Weak and Uglies of the world. WE have many on this site. Attractive people are the enemy to these runts.
Inserted Video
Reply
Lashaun
Jul 31, 2025 4:35am
Permalink
and thank you for your attention to this matter!
Reply
Trader#0BFC
Jul 30, 2025 5:25pm
Permalink
Sick man
Reply

  • Related Stories

Trump: South Korea is at 25% tariff, but have an offer to buy down. Just concluded a deal with Pakistan
From @realDonaldTrump | Jul 30, 2025 | 3 comments
We are very busy in the White House today working on Trade Deals. I have spoken to the Leaders of many Countries, all of whom want to make the United States “extremely happy.” I will be meeting with the South Korean Trade Delegation this afternoon. South Korea is right now at a 25% Tariff, but they have an offer to buy down those Tariffs. I will be interested in hearing what that offer is.We have just concluded a Deal with the Country of Pakistan, whereby Pakistan and the United States will work together on developing their massive Oil Reserves. We are in the process of choosing the Oil Company that will lead this Partnership. Who knows, maybe they’ll be selling Oil to India some day!Likewise, other Countries are making offers for a Tariff reduction. All of this will help reduce our Trade Deficit in a very major way. A full report will be released at the appropriate time. Thank you for your attention to this matter. MAKE AMERICA GREAT AGAIN! TRUMP: OTHER COUNTRIES ARE MAKING OFFERS FOR A TARIFF REDUCTION
Trump officially imposes 50% tariff on Brazil
From breakingthenews.net | Jul 30, 2025 | 3 comments
The White House announced on Wednesday that President Donald Trump officially imposed a new 40% tariff on Brazil on top of the 10% already in force. "Today, President Donald J. Trump signed an Executive Order implementing an additional 40% tariff on Brazil, bringing the total tariff amount to 50%, to deal with recent policies, practices, and actions by the Government of Brazil that constitute an unusual and extraordinary threat to the national security, foreign policy, and economy of the United States," the statement read. Trump first announced he would hit the South American nation with the added figure on July 9, citing the prosecution of former President Jair Bolsonaro as the motive. US Says New Tariff On Brazil Imports Takes Effect In 7 Days
Federal Reserve issues FOMC statement
From federalreserve.gov | Jul 30, 2025 | 152 comments
Although swings in net exports continue to affect the data, recent indicators suggest that growth of economic activity moderated in the first half of the year. The unemployment rate remains low, and labor market conditions remain solid. Inflation remains somewhat elevated. The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. Uncertainty about the economic outlook remains elevated. The Committee is attentive to the risks to both sides of its dual mandate. In support of its goals, the Committee decided to maintain the target range for the federal funds rate at 4-1/4 to 4-1/2 percent. In considering the extent and timing of additional adjustments to the target range for the federal funds rate, the Committee will carefully assess incoming data, the evolving outlook, and the balance of risks. The Committee will continue reducing its holdings of Treasury securities and agency debt and agency mortgage‑backed securities. The Committee is strongly committed to supporting maximum employment and returning inflation to its 2 percent objective. In assessing the appropriate stance of monetary policy, the Committee will continue to monitor the implications of incoming information for the economic outlook. The Committee would be prepared to adjust the stance of monetary policy as appropriate if risks emerge that could impede the attainment of the Committee's goals. The Committee's assessments will take into account a wide range of information, including readings on labor market conditions, inflation pressures and inflation expectati FOMC STATEMENT COMPARE: pic.twitter.com/3wayLXzIBa FOMC: VOTED 9-2 FOR FED FUNDS RATE ACTION Fed Governors Waller and Bowman dissented, preferring to lower the funds rate by a quarter of a percentage point. THE FEDERAL RESERVE KEPT ITS BENCHMARK INTEREST RATE STEADY AT 4.25–4.50%, NOTING ELEVATED ECONOMIC UNCERTAINTY, SLOWING GROWTH IN H1 2025, AND PERSISTENT INFLATION. || DESPITE A STRONG LABOR MARKET AND LOW UNEMPLOYMENT, FED GOVERNORS WALLER AND BOWMAN DISSENTED, FAVORING A 25BPS…
  • Story Stats