Trade war's wounded: Companies improvise to dodge cost hikes

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Trump frequently boasts that the taxes he’s imposed on imports have showered the U.S. Treasury with newfound revenue. But for many businesses, the tariffs are escalating costs, creating hardships and magnifying uncertainty. PaulWisemanAP explains.

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PaulWisemanAP

PaulWisemanAP You don't even mention that many factories in China have to take the loss, so not the importer. Many factories are also moving out of China or importers resourcing away from China.

cryborg PaulWisemanAP I'm beginning to wonder how much money Putin, et al, is paying trump. I wonder how much money it took for trump to turn on on the country he claims to care about.

PaulWisemanAP Maybe the u.s. government could subsidize these businesses that have hardships the Chinese subsidize many if not all of their businesses.

PaulWisemanAP AP all propaganda Americans stand with Trump

PaulWisemanAP Trump is ful of shit

PaulWisemanAP Yeah how much revenue was increased? Because our deficit is going up exponentially and is the largest ever in US history.

PaulWisemanAP What do each of your point have to do with each other? Yes we have new revenue. Yes there are higher costs. That’s generally how things work.

PaulWisemanAP What about all of the billions of middle class Americans who cant afford their insurance deductibles because of Obamacare? Before Obamacare, $500 deductible. After Obamacare $6500 deductible.. Oh thats right, news agencies liked Obama. That's why they don't report real shit..

PaulWisemanAP No surprise that inflation is what you get, when not taking advantage of the world's cheaper labor pool. Obamacare and EPA regs made that a lot worse.

PaulWisemanAP Wow a negative story from who would have expected that.. hmm wonder if a positive story was ever writen

PaulWisemanAP Where’s the story about 30 democrats hanging out on a luxury vacation this weekend in Puerto Rico with over 100 lobbiest? They are getting their agenda marching orders & no reporting? Remember when you used to report this stuff during the recession? 1 Dem surrounded by 3+lobbyist

PaulWisemanAP Buy American and it’s not a problem

PaulWisemanAP Sending thoughts and prayers!

PaulWisemanAP He's losing any gains he might have made with the shutdown. Thousands of business owners and employees, including the 800,000 nonpaid federal workers, are no longer contributing to the economy due to meatheaded, stubborn politicians.

PaulWisemanAP How many scrap iron and metal yards are there in the states? sounds like the way I'd go.

PaulWisemanAP So the certainty of being put out of business by Chinese communist dumping is better? Good god the FAKE NEWS is out of its mind.

PaulWisemanAP So what you are saying is high taxes are bad.

PaulWisemanAP Duh

PaulWisemanAP Does the AP ever report anything positive about this administration? Propaganda machine

PaulWisemanAP the wall has to be a bout a huge kick back

PaulWisemanAP In trumps defense, he’s trying to destroy western civilization.

PaulWisemanAP Trump STILL thinks tariffs are a tax paid by the exporting country on imports to the US. Anybody have an economics comic book they can send him to explain reality?

PaulWisemanAP 'A nation can survive its fools, and even the ambitious. But it cannot survive treason from within.' ~ Marcus Tullius Cicero

PaulWisemanAP 50 years of bad trade, does not get fixed in 2 years. We have to play the long game with trade....sticking to the short game is why China, Japan et al...always gets the best of us.

PaulWisemanAP Edit: 'President Donald J. Trump's economic policies have all been a resounding success. The President's tarriffs have shown his determination to protect American interests, which was not done by Obama ' There. I fixed it for you

PaulWisemanAP Trump Train. The media is on dope

PaulWisemanAP An excellent read for American consumers. I hope this piece is seen across our country. In addition to the shutdown and the 800,000 not receiving paychecks, American consumers are being misled. Thank you for this information. Get it out there for all to read!

PaulWisemanAP fakenews

PaulWisemanAP WheresThePutinTranscripts

PaulWisemanAP That’s what I’m talking about trump lying this dude just continues to lie for no apparent reason 🤥🤥🤥

PaulWisemanAP Must be why vast majority of economy is doing so well, employment figures are high, etc. Do a story on that. Fake

PaHouseDems PaulWisemanAP This news just shows the people of this country that the businesses who make these products are using more foreign products than American products. American companies need to go back to buying American supplies for there products and being not so greety.

PaulWisemanAP 🤦🏻‍♀️🤦🏻‍♀️

PaulWisemanAP Higher costs will bring down income tax cost and that is still good news. At the same time businesses can alter supply origin to reduce cost. The AP should improve accounting knowledge and I'k like to train reporters at fair price.

PaulWisemanAP Oh no! Some people didn't get the gravy .... and AP points it out. The headline should read 'Them grapes is sour, I tell yuh ...'

PaulWisemanAP It amazes me how many Americans not understand tariffs, but neither does our President. WHEN will people do their own fact checking and homework? So many listen to our President and his party first Republican colleagues and give little credit to their own intelligence. Wake up.

PaulWisemanAP Trump, Trump, Trump, Trump. Jeeze, AP, if you have a story, make it about the story. Every thing you write, however is about Trump being horrible. You’re crass propaganda.

PaulWisemanAP Oh snap orange man bad what a surprise

PaulWisemanAP

PaulWisemanAP Also, if all this money is flooding the Treasury. Why is the federal deficit continuing to spiral out of control? Another Lie!

PaulWisemanAP

PaulWisemanAP AP has become fake news

PaulWisemanAP Fake News

PaulWisemanAP There are two sides to every trade.

PaulWisemanAP

PaulWisemanAP So, it’s the lying Mr. Trump vs the Zionist establishment !!!!🤔 something is wrong in the US !!

PaulWisemanAP He’s an idiot who doesn’t understand how the economy works. The country is failing just like his business.

PaulWisemanAP Surely it makes home produced products more competitive and gives the end user more incentive to purchase.....or am I missing something here ....

PaulWisemanAP He's killing small businesses in particular. Many do not buy direct and have to pay a reseller. Or don't have a WOFE and thus pay the mainland VAT.

PaulWisemanAP The company I work for had its best peak season in decades... there’s always going to be winners and losers but many more are now winning. Also, directly impacted sectors (such as soy farmers for example) are getting subsidized to make up for the loss.

PaulWisemanAP realDonaldTrump and China has developed a whole new supply chain and won’t be back.

brooklynmarie PaulWisemanAP yeah, duh

PaulWisemanAP Which is passed on to the consumer as we all know. Bottom line is the consumer pays for taxes regardless what you call them. More spin from the media that amounts to more half-truths. Someday, y'all will be held accountable for every lie.

PaulWisemanAP The soy farmers may never recover. China is. Ow getting their soy beans from Russia. After the tariffs end they most likely won’t return to US soy.

PaulWisemanAP Yawn

PaulWisemanAP Since it is American importers that pay these tariffs, what he has effectively done is raised taxes on American businesses, who then pass those costs on to American consumers. Have fun with that.

PaulWisemanAP The money benefitted those that Trump intended the money to go to. Rich is as rich does.

PaulWisemanAP Everything he says is a lie! Everything!

PaulWisemanAP We are waiting on a Samsung range ordered mid-November.

PaulWisemanAP Trump voters drank the kool aid they don't care.

PaulWisemanAP realDonaldTrump is for Regular Americans and only wants what’s best for the majority of our citizens

PaulWisemanAP The fact that 90 percent of our steel still is imported really shows how much he helped.

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