Topic: To tariff or not to tariff (Read 432 times)

Trump is serious about tariffs, lol. Be scared you other countries. Tariffs are coming. Kneel or die, lol. Study the info at the site, and see that tariffs bring in tons of money. Trump will be able to easily cancel the IRS tax.Everybody will benefit from tariffs.


Should We Take Trump Seriously or Literally on Huge Tariff Hikes?

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https://mishtalk.com/economics/should-we-take-trump-seriously-or-literally-on-huge-tariff-hikes/
Trump Not Budging on Tariffs

The Wall Street Journal reports CEOs Want Trump to Change Course on Tariffs. He Isn't Budging.

Donald Trump's tariff threats have triggered a behind-the-scenes lobbying campaign to soften or alter the president-elect's plans. But the effort faces a potentially insurmountable roadblock: Trump isn't budging.

So far, executives are facing setbacks as they canvass Trump's aides for advice on how to influence the president-elect's next steps. Trump is largely acting on his own, leaving his incoming team of advisers with few opportunities to shape his thinking. His recent late-night social-media statements about tariffs have come with little warning even to some of his closest allies, according to people familiar with the matter.

Trump's team has told corporate consultants there is no waving the president-elect off his plans to make liberal use of tariffs once he gets into office, the people said.

Late last month, Trump said in a Truth Social post that he would place a 25% tariff on imports from Canada and Mexico if the countries didn't do more to stem the flow of migrants and drugs across the border. He raised the prospect of imposing an additional 10% levy on goods coming from China because, he said, Beijing hadn't done enough to prevent fentanyl from coming into the U.S. Days later, Trump warned that he could place 100% tariffs on Brics countries, which include Brazil, Russia, India, China and South Africa, if they try to replace the U.S. dollar as the main global currency. That is on top of his pledge during the presidential campaign to impose across-the-board tariffs of as much as 20% on all U.S. imports.
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The thing you are forgetting is supply and demand, without regs. Regs can exist for the big guys and be reduced for the little guys. America making its own products to sell to itself, is simply taking other countries of the world out of the equation. America is easily big enough to supply all of its own needs without the other countries of the world. What this does is MAGA, without having the other countries to be a weight around the neck of America.

What would a BRICS of trade between other countries of the world do? Let them do it if they want. America doesn't need them. MAGA, without the added weight of other countries. But the best thing that will come out of this is that Americans will recognize that each State is a country within the US. There will be no lack of trade between these American 'countries'. MAGA.

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Trump is serious about tariffs, lol. Be scared you other countries. Tariffs are coming. Kneel or die, lol. Study the info at the site, and see that tariffs bring in tons of money. Trump will be able to easily cancel the IRS tax.Everybody will benefit from tariffs.


Should We Take Trump Seriously or Literally on Huge Tariff Hikes?

---

https://mishtalk.com/economics/should-we-take-trump-seriously-or-literally-on-huge-tariff-hikes/
Trump Not Budging on Tariffs

The Wall Street Journal reports CEOs Want Trump to Change Course on Tariffs. He Isn't Budging.

Donald Trump's tariff threats have triggered a behind-the-scenes lobbying campaign to soften or alter the president-elect's plans. But the effort faces a potentially insurmountable roadblock: Trump isn't budging.

So far, executives are facing setbacks as they canvass Trump's aides for advice on how to influence the president-elect's next steps. Trump is largely acting on his own, leaving his incoming team of advisers with few opportunities to shape his thinking. His recent late-night social-media statements about tariffs have come with little warning even to some of his closest allies, according to people familiar with the matter.

Trump's team has told corporate consultants there is no waving the president-elect off his plans to make liberal use of tariffs once he gets into office, the people said.

Late last month, Trump said in a Truth Social post that he would place a 25% tariff on imports from Canada and Mexico if the countries didn't do more to stem the flow of migrants and drugs across the border. He raised the prospect of imposing an additional 10% levy on goods coming from China because, he said, Beijing hadn't done enough to prevent fentanyl from coming into the U.S. Days later, Trump warned that he could place 100% tariffs on Brics countries, which include Brazil, Russia, India, China and South Africa, if they try to replace the U.S. dollar as the main global currency. That is on top of his pledge during the presidential campaign to impose across-the-board tariffs of as much as 20% on all U.S. imports.
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And meanwhile you live in a parallel planet, with parallel rules of physics and parallel economic laws, the crude reality is that the currencies of nations are always competing. In the end, Trump may simply not be able to carry out the initial plan - which is already well wattered down - not even his usual "plan B" which is a minimal ultra-reduced version of it.

Good for US consumers if he can't, you cannot cheat your way into making your country a leader in manufacturing.

Again, US does not "need" China, but it certainly need to supply the immense number of underpaid and poor people in the country with goods - and they cannot pay "american made". Those who can pay it are de-facto paying a hidden tax to the US plutocrats.

A very simple example: Elon Tesla car cannot compete with the costs and quality of Chinesse made cars. He finances Trump, Trump slaps a tarrif. End result, you now have to either buy his expensive Tesla or pay the same for the Chinese. Guess who is going to pay the bill of "US made"? Hint: Not Elon.

We'll see, it's too early to judge...

Actually, it's this simple. It doesn't have to do with a contest between nations. All it has to do with is what a nation is willing to do for itself.

It won't hurt the US to cut off trade with China. It will only hurt China. America can MAGA anything for itself that it wants. It's China that will fail without America buying their junk.

Price relationships between nations are fake, built by the greedy jokers who want the China slaves to make products cheaply. Tariffs will help both nations to grow. Ask yourself why Musk and Ramaswamy are being placed into DOGE. They are there to reduce government size and waste so that government can be supported off tariffs until tariffs aren't needed any longer.

You seem to think that the US doesn't have the ability to live without other nations. If this were the case, little, dinky Britain would never have never become a world power.

The US doesn't need China as much as China and the world need the US. You are totally missing it. And it shows, easily, in the fact that you seem to have to call me names... because you don't have anything else in your favor. It's the only thing you can do. You don't have anything else. You are kinda pathetic. Most of Britain isn't like that.

The companies that are looking for cheaper manufacturers and laborers will continue to find it as long as it is going to save them a lot of money. Because money that has been saved for them is money earned for the company for which they can use for business expansion and other research and development purposes or any other reason that they're going to benefit in the longer term. So, those companies that are being hit by huge tariffs are going to find a better place for as long as they can be. The important matter for them is to find a country where cost-effective benefits are there, raw materials are cheaper but they're not going to sacrifice the quality that they do.

It is very simple, but quite the opposite. How is having tariffs going to make your manufacturing stronger? It is exactly the opposite, you really, urgently need to read more about protectionism. The only beneficiaries are the large companies of the US, nobody else.

It is so simple that it is scary you do not understand it. US consumers will have no choice and will be held hostage by the local companies and will not be able to shop for better prices elsewhere. What it is exactly that you do not understand?

You will not "need other nations", but all the other nations will be producing better and cheaper because there is competence in prices.

The money you get from tariffs is paid by the US consumer!! The other nations will be selling their products pre-tariff at the same price, it will be the US citizens only paying the extra - a hidden tax.

There's only one benefit to protectionism, it is creating jobs - that the US does not need at the moment - all the rest goes to the monopolits of the US dumBAss. Who do you think has paid for Trumps campaign stupid!

I think tariffs should be looked at from two angles. On one hand, they can encourage companies to move back to the US and create jobs. But on the other hand, it can make goods more expensive for us, the consumers.

Did you know that the US has a trade deficit of over $600 billion? That means we import way more goods than we export. So, if tariffs make imported goods more expensive, it could actually help reduce our trade deficit.

But here's the thing: tariffs can also hurt American businesses that rely on imported goods. For example, if a US company imports parts from China to make a product, tariffs on those parts can increase their costs and make their products more expensive for us.

So, it's not just a simple question of whether tariffs will make goods cheaper or more expensive. It's a complex issue that affects different people and businesses in different ways.

Tariffs is even simpler than you say.

- Tariffs incentivize average citizens to make their own products so we don't need to rely on other nations.
- Tariffs supply money to government so we don't need income taxes.
- Tariffs give us money and manufacturing strength.
- Tariffs equal MAGA.

It's so simple it's scary.

The point is to Make America Great Again by putting America First.  Who cares about foreign trading partners.  It's time we stopped selling out our currency in order to have cheap goods.  Canada can pay their fair share along with the rest of the world.  One thing is for sure though, if I was in Canada I would be looking to get the hell out as fast as I can.  The next year is going to be rough.  I imagine once Trudeau loses the next election by a landslide then things may start returning to normal, but Canadians better be tightening their belts and making themselves irreplaceable at their jobs...
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I think you are quite confused about the result of tariffs. Tariffs will not make goods cheaper.

It is very simple, you are buying product XZY from China at 100. The reason is that if you manufacture it in the US it costs 200. Now, you slap a tariff on the Chinese version and make it at least 200. You now will buy US made, but ... at 200.

There will be obviously some job creation in the US and very likely... inflation with it. It will not make the US industry more competitive, it will make it lazy and based on the hidden handover of the consumers who will have no option but the local product.

Is that puting the US first? Yes, but only that bit of the US that is going to benefit from not having competition - not the middle class, certainly not all that working class that has merely voted for Trump.

The point is to Make America Great Again by putting America First.  Who cares about foreign trading partners.  It's time we stopped selling out our currency in order to have cheap goods.  Canada can pay their fair share along with the rest of the world.  One thing is for sure though, if I was in Canada I would be looking to get the hell out as fast as I can.  The next year is going to be rough.  I imagine once Trudeau loses the next election by a landslide then things may start returning to normal, but Canadians better be tightening their belts and making themselves irreplaceable at their jobs...

China's minimum - When the tariffs are high enough, it doesn't matter. The US will need to manufacture its own stuff. The balance will be between tariff amount, people wanting to work and develop, government reducing regs for the little guy so he can develop, and the black market.

What does compete with Asia mean? No competition necessary. Tariffs will supply govt funds.

Don't buy offshore. Manufacture. As tariffs grow, they will gradually offset the need for income taxes. People using their income tax money for the right things will bring back manufacturing.

DOGE is reducing size of government already. Small government means no need for IRS taxes.

Advertising isn't needed and really doesn't have anything to do with it.

when chinas highest minimum wage is equivelent of $3.70 and america's minimum wage is $15
it shows that china can manufacture things with cheap labour of minimum wage 4x less than america

again you need to realise america will not be able to compete with asia even if they had 200-400% tariff

the only thing america can try to do is advocate why people should pay a premium for patriotism
american made goods will ALWAYS be higher price

the only thing american advertisers can do is pretend quality of imports is worse and being patriotic = high quality to sound worthy of premium

^^^ And it's becoming more and more like that all the time. We need to implement those tariffs as fast as we can, so that we can manufacture strength for ourselves, before we fall into becoming less than a third world country.

tariffs dont work to sway consumers to buy domestically..
this is why there is so much money wasted on patriotic advertising trying to sway people to avoid imports
(if domestic made produce was competitive, the patriotic advertising wouldnt be needed, because price competition would sell itself)

for instance i have a projector which a replacement bulb from a made in the UK official vendor of the brand would cost £100
yet i can go to aliexpress and get the same bulb from a chinese vendor for $20
the only way to tempt me to pay for the UK made version is if the tariff was 500% of goods price

an electric bike battery is £320 in the uk, but i can aliexpress a battery for £80
the only way to tempt me to pay for the UK made version is if the tariff was 400% of goods price

if you look at the difference between materials cost and labour cost of china vs US.. a tariff would need to be more then 100% on imports to make US manufactured goods competitive

tariffs will never make "made in america" same/cheaper than imports even if tariffs were +100% of goods

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as for your other waffle, you have not even spent 30 seconds looking into freeports to know how they work/their purpose.. so your silliness is still silly on the subject. and yes there are many loopholes manufacturers can negate the need to have their recipients pay premium tariffs

EG shipping bagged wine is not tariffed like bottled wine is. and then sending it through a freeport makes it 'bottled domestically' thus not treated as an import

Biden over Trump... worldwide deaths up at least several millions, direct operations. Besides, the US economy isn't booming under Biden... just the opposite. You dense or something?

BRICS would be great if the Fed remained. Way more honest than the current Western banking systems.

MAGA won't happen over night. The sooner we get started the better.

What are you even talking about? there is no Funding from the United States coming to this country whatsoever... this country have pretty bad political relationships with the United States, they do not send a penny here to fund anything... comments like that only prove your lack of understanding on the relation your country has with other republics within the same hemisphere.
Also, it is pretty much not true the United States in independent from other countries and other countries need the USA for them to continue to function normally, otherwise the USA would not import as much raw materials and products from Africa and Asia, for example. Also, the USA if the biggest producer of oil on the planet and yet they need to import gas and oil from abroad... that is not enegy independence at all, and I doubt it will change with Trump in the white house, the UsA will still need to bring oil from the middle east.

Do you understand how much time it takes to build that infra? And how much more products will end up costing to consumer anyway, even if they are made in America?

And who is even doing the work if those products will be made in america? You have a full time job just kicking away "illegal immigrants" which probably take years and will cost near trillion dollars itself. And i am not counting the costs of civil unrest happening because of that. Meanwhile you ignore that those illegal immigrants are paying yearly $96.7 billion worth of taxes.

And funny how you praise Donald over Biden, crime is down, markets are up, US economy is booming under Biden, but somehow that's bad. And trump will make it better?

Here's a fun checklist for you:

Source: Tax Foundation

And don't pretend like you aren't cheering for BRICS currency, because you have praised it for a long time while loathing USD. Here's one example:

You don't seem to understand that America making its own things for itself is not like you making your own things for yourself. The 50 States are like 50 countries that are already set up to trade with each other. Trading with other nations is weakening the 50-State trade.

Interesting how you consider that agreeing with Trump is really disagreeing with him. However, my ideas are not intended to agree with or disagree with him. BRICS is simply a thing that is happening. Will the rest of the world combine into a one world government for themselves if the US pulls away from operating according to their ideals?

The logic of BRICS is that the US Fed is screwing the nations. BRICS nations will have to decide where the advantage lies.

Trump is way better for America than Biden. He would be magnanimously better if he took America off the Fed... and maybe even shut it down. If that happened, there might not be any need for BRICS. The BRICS nations will trade among themselves without the US if it is to their advantage.

Sure, you don't even need shops to buy things because you can make your own toothpaste from salt (which you also make), but you don't seem to understand the upsides of having strong trade allies and decentralized production.

Interesting, so now you strongly disagree with Trump? This was the first time you are directly opposing him, as he has said that he wants to sanction them if they try to create their own sanction free economy and currency. Because that would be threat to USD (that local currency you seem to loath). And trump seems to love USD and US banking system. Only reason i can see you being against this, if you lived in any of these BRICS countries.

As a computer consultant, I regularly find it hard to get projects during shortages because equipment goes to the US first, and I live in Canada.

I'm looking forward to increased inventory and lower prices from the US tariffs!

The thing you are missing is that trading with other countries isn't a requisite for existing. All the states can exist on trading with each other all the things that they trade internationally. Or they can manufacture the products themselves.

Canada, Mexico, China, Australia, etc., are nice thoughts. They are beautiful countries. But we don't NEED them for trade or to live. If we can't make the exact product ourselves, we are ingenious enough that we will develop substitutes that will work as good as, or better than, the imports. Wise tariffing will bring us to that point.

Americans will have jobs, and the world will bow to us because of our internal strength.

BRICS hasn't gone away. A threatened tariff on BRICS nations across the board is nothing. In fact, it will strengthen BRICS except, possibly, in one circumstance... that the USD is brought back under the US Treasury, and that the Fed is eliminated. This will mean a fair, international USD rather than one that gives tons of money to the Fed bank owners for nothing. In that case, the BRICS countries might table BRICS, because a fair USD might be better than a good BRICS.



EDIT: Note that the article you linked to calls BRICS by the name BRIC. When was South Africa dropped or removed from BRICS.

The Ukraine war... Ukraine is being funded by the banking system as well as the US and Nato. With Russia and other countries using the USD when they are against Ukraine, means that they are funding the country they don't believe in and are against.

Here's how much America doesn't need those countries trump wants to put tariffs on:



Most economics would side with paxmao, but what do they know, they only do that for their living.

Also, weren't you excited about Brics at some point? What happened to that now when trump is threating to put 100% tariff on the BRIC bloc of nations. How does it fit on your anti-american narrative?

Losing billions in trades and taxes (that could be put on infra, education and health) is a weird tactic to make American infra work more like in soviet union.

You and all your goofy scenarios. Anybody could make thousands of them. The point is, your precious UK would be cut off from much of its leaching off America if the tariffs went worldwide.

America doesn't need the world. The world needs America. America has enough wealth internally to make all the things that its people want. All this international trading simply exists to bring America under the thumb of the one world government. Tariffs bring strength back to America as a nation.

Your simplification is not a simplification, is an empty slogan. Your government puts tariffs and chooses to promote local jobs - which is fine - at the expense of making the end users pay more for the products - which may not be to everyones liking.

Once the dust settles, it is the rest of the world who will adapt while you will have a country with an industry that cannot compete in equal terms with the rest of the world. They will leave on a permanent government handout at the expense of consumers.

Let's put the 7 year old example:

I need an apple squashing machine. If I live in the US, I have to buy local because the tariffs make goods from the outside artifically expensive. My squahed  apples productions will cost 10 USD per unit. The rest of the world will have the same for 5 USD.

Now, let's say I need to buy computers for my industry. Since I produce in the US they cost me 100 USD. The rest of the world can provide the service for 50 USD. Guess who is going to be making the sale?

The US may be able to use their gigantic internal market for an advantage, but that's all. Stuff will be more expensive and the industry will lag the world.

My simplification is the result.

Previous administrations don't always have the same goals, and even if the goals were different, big business aimed at globalization for their own purposes. But we see that when government makes world agendas the most important thing, it hurts the people of the US and the US in general. We see it in the Biden administration destruction of the American economy.

Of course making America great takes away from funding for other countries (Venezuela). Total import tariffs would cut off other countries stealing of the US 'energy'. If the US were only one or two people, things might be different, but America doesn't need other countries. Other countries need America.

Tariff implementation might be rough at first, but after the dust settles, America sill be stronger than ever. It will gradually trickle over to other countries, anyway, until they finally see that the American system of government through total freedom of its people is the way of strength.

But Americans are free, aren't they? Not when they have to pay income taxes that could be paid by foreign country people to sell stuff in America. Think of Americans each having an extra $10,000 to $20,000 because of no IRS taxes which would be paid from the tariffs. Great for America. Not so great for the rest of the world. Oh boo-hoo-hoo for the world leaches.

It all comes down to one point: free exchange (nothing hidden, is market regulated) or non free exchange - regulated by the goverment and more expensive as you will soon notice.


Botomline, I think you core idea is wrong, tariffs work, they do not have loopholes (unless the receiving country is turning a blind eye) and it will increase the costs for the end users (it is pointless to discuss where that tariff is applied or who pays, because in the end it always goes to the consumer. The US consumer.)

But, let's summarise a bit your points to see who is clueless here:

Adding a "rearview mirror is a moronic example" - It is not, your interpretation is moronic. That basically what they have been doing in Europe with the iphones. The main point is that to be exempt from tariffs the larger part of the valued added needs to be brought to the US. Your idea of "bottled wine" (adding a rearview mirror to wine) does not apply, unless the US is knowingly accepting that short of deal, which is not the case because the policy is precisely the opposite.

China will not pay the tariffs on a normal port - Agree, not only will not pay the tariffs on a normal port, they will not pay any tariff, it will be importer paying the tariff and all of this point is irrelevant to the discussion, the cost will be passed to the consumers which is the point here.

Chinesse are making the new "silk road to Europe" - Firstly they already have, to Germany at least, but if you had taken you time to update your research on the Belt and Road you will find that is going thorugh all short of serious problems and may never happen at 100%. BUT, this is irrelevant, the tariffs I clearly stated are from the US. Importing from Europe, adding a rearview mirror and reselling is also unlikely to work as loophole.

That is rather an over-simplification of the problem and the alledged solution which tariffs are for the American people, of was so simple, then previous administrations would have already considered to apply tariffs widely and sole the problem of the economy and also the self-determination of the United States a nation, which for now it depends on the labor of other countries to keep their prices down...
You can me a good use of tariffs when the market you are targeting is small and there is an actual punctual objective for it, for example, those tariffs being applied on Chinese electrical vehicles (so European and American EVs have more chances of survival in the USA), but it is not the same to apply tariffs to a surging technology then doing the same to products are services which are already established and are part of the economy at their low prices.

It all boils down to one of two choices:
1. No tariffs - control by some undetermined, hidden world government;
2. Tariffs - Control of the US for the US by the US - MAGA.

you really got no clue..
firstly.. china dont and wont pay the tariffs in a normal port system
the tariff is paid for at delivery into america where its the US dealership that pays for it
(thes the real world fact that the "experts" didnt tell people about until after the election.. but now the "experts" are shouting loud about who actually pays.. funny that they waited until after trump won, its as if they planned it that way)

secondly doing things via a freeport is not simply "add a rearview mirror" and it makes the car only cost $1 by saving on tax
(you made a obviously stupidly moronically bad example of one extreme to obviously want to be spoonfed how things actually work, but next time just do some research instead of playing dumb to get an answer)

its if they build the chassis in a chinese freeport factory at chinese labour costs because they hire local chinese labour at the freeport in china
its if they build the battery in a chinese freeport factory at chinese labour costs because they hire local chinese labour at the freeport in china
its if they build the interior in a chinese freeport factory at chinese labour costs because they hire local chinese labour at the freeport in china
its if they build the motors in a chinese freeport factory at chinese labour costs because they hire local chinese labour at the freeport in china

the can then also refuel the container ship in some other countries freeport

and then send it all over to a US freeport and then do the final assembly. then there is no tariff the US dealership has to pay, their parts are at chinese labour rate but its treated as made in america
(my example is the opposite extremes of your silly example.. in actual fact the car can be part assembled in a chinese freeport factory where it only needs part assembly in america.. but not your silly extreme of 'just a rear view mirror' it needs to be a reasonable amount of assembly to make the end product complete/functional to be classed as made in the destination country)

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what you may also learn if you done research is the chinese are making "the new silk road" to europe, where they have freeports along the route so that by the time it reaches the end destination, nothing can be considered "chinese"

there is a distinct and rational and specific reason why freeports exist, look into it

you request i 'please state clearly'..
how about people not make silly pokes to then get spoonfed answers and waiting 19hours* for such spoonfed answers
Quote from: paxmao on November 29, 2024, 11:08:20 PM
Quote from: franky1 on November 30, 2024, 06:50:35 PM

and instead spend only a few minutes doing a google, siri, alexa search.. you'll learn faster that way

Only one that seems to believe that these planned tariffs would be positive for US citizens is Donald. If democrats would have suggested something like this, conservatives would go insane and suddenly listen to experts.

In fact, Biden should just implement those changes now, that trump had suggested. That would probably leave Donald only one course of action, and that would be immediately undoing them out of spite.

In general terms what concerned me is even if American companies moved their factories back to the United States and brought those jobs home for people of their home country, those people will have to get paid the legal salary of the United States and not the salary it was being paying to people in countries like China. Companies then will need to increase the tag price of their products so they can continue to pay their American workers with their American salaries, in the end, It will be translated to an increase of prices.
Perhaps,.it would be more clever for some administration to move all this factories to other countries besides China, countries which are not ideological and political rivals of Washington, Colombia is a good example, it is relatively closer to the USA than China, the wages are still lower and it would help people from Colombia to stay away from a life of drug crimes and violence..
Just some random thoughts, I still believe Trump won't dare to apply full tariffs on China at all,.his team is aware it would be a disaster for the country.

Please, state clearly how the freeports are going to help China bypass an across the board tariff of, let's say, 20% and what is that you see that the companies that are already relocating - who basically work on this and have plenty of experts available - fail to see. The example about the botlling for example, is probably by design and the iPhone is certainly by design, precisely by Ireland legislation.

You wanna sell an electricar car assembled in China, you will have to pay. You try to buy it in Florida for 1 USD, add the rearview mirror and sell it for 50000 and you are likely to get the IRS on your ass.

you might want to do more research on freeports.. they are not the same as regular ports for a specific reason

The end results might be several.

Tariffs bring manufacturing back to the US. But if they are implemented too steeply, they might cause some turmoil for a time. But not as much as the Biden Administration caused. America can make all the products that any other country can make for Americans.

Imagine that the US government allowed totally American companies to make iphones. Who is going to sue for patent infringement? Get your war machines out and force the US government to do it your way.

Other countries that make products for Americans, often force their people to become slave manufacturers. With steep tariffs, other countries wont have a reason to enslave their people to make cheap products. Once the supply and demand system is up and running in America, other countries can do as they wish, without America.

Tariffs cannot be avoided in general, that is why they are there. I do not think you points here prove otherwise.

Of course tariffs are charged on imports (well, excep in Argentina, the only country with export tariffs), but in the end the result is a product that is more expensive. To the two cases presented, yes but no. There are limits to the game that is played with iphones and many other devices - minimum content laws, but there are products that are simply not susceptible of evading tariffs and taxation using that.

Placing high tariffs on imports will be a good step if the US will be able to produce these goods at a competitive price. But if you look at the situation US industries cannot produce cheaper products than China and Mexico. One of the reasons is that these countries have cheaper labour costs.

Donald Trump's tariff plan might boost local industries but consumers will have to buy goods at a higher price because of the higher cost of production. High tariffs will also make US citizens to pay more for imported goods.

Waponising tariffs might be an own goal of Trump's administration.

Likely wants to use that to solve the illegal immigrant issue rather than make money for US, which is not in that kind of great depression.
The idea is that since the companies are in the neighboring country for cheap labors, yet the cheap laborers are pouring into our country to work for low wages, let just charge the companies more if the country continues to let in the cheap laborers. It's like telling them you can't eat your cake and have it... It's either you keep the potential migrants working in the companies to send us cheap goods  or you lose the companies, possibly to us, to serve the economic migrants or cheap laborers you let into our country. Beside that, this could prevent the migrants from taking up jobs that are meant for citizens, as the migrants would have more of such companies to work for for lower wages

tariffs are not charged to the foreign country, they are charged to the american business receiving imports

the other thing is tariffs can be avoided by having a manufacturing company working at a foreign freeport that then send goods to a domestic freeport, thus they can still operate on foreign land using foreign labour using foreign management, using foreign materials,  but then import goods as if its all 'made in america' tariff free

EG
here in the UK we have a freeport that accepts fermented wine in bags from australia. and empty bottles from another country, and they come to UK freeport to bottle the wine and then although still labelled as australian wine on the bottle, it then enters UK retailers tariff free because it was bottled in the UK

EG
accepting a 95% ready iphone that is just missing the screen and packaging, where the 95% ready iphone is made in a factory in asia. when it arrives to a freeport the screen is clicked in and its boxed up and treated as made in america and then goes to us retailers tariff free

https://www.youtube.com/shorts/MckCZ9iLAyI?feature=share

This is probably a Texan Uni or High School 

How tariffs work:

1 - You put tariffs on a foreign country.
2 - Some companies move to your country, some close, some look for other countries or alternatives.

The question is, are good going to be now cheaper or more expensive for the average person in you country, let's say the US as this what is now discussed in local politics.

You may want to think why those companies setup their manufacturing outside the US and what happens if they move in.