boxerfan88
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Of the 6 items in the picture, how many % are made in the factory-of-the-world? 67%? 83%? 100%?
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Of the 6 items in the picture, how many % are made in the factory-of-the-world? 67%? 83%? 100%?![]()
Are the tariffs ever really imposed? Seems like a threat and then a deal is magically cut. In any case, I haven't been in the market and am totally happy with what I have until some "paradigm shift" really occurs.![]()
Regardless of whether the US government is collecting revenues as such, uncertainty is causing many vendors to raise prices or collect tariffs "just in case". Mouser and Digikey have separate line-items for tariffs, while Sony's camera strategy seems to be: Raise MSRP but offer Instant Rebates (but final price is nevertheless somewhat higher than previously).Are the tariffs ever really imposed?
As of July 30, 2025, the United States has collected approximately $150 billion in revenue from tariffs imposed during President Donald Trump's 2025 tariff regime. This figure includes a record monthly collection of nearly $28 billion in July alone, according to the Treasury Department. That doesn't sound like nothing?
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July tariff revenues break monthly record, with $150B collected so far in 2025
The U.S. collected nearly $28 billion in customs duties in July, the highest monthly total so far this year.www.foxbusiness.com
Also would mean it's an additional "shadow" tax on US consumers (punishment for buying foreign goods), though. And with an additional $3Trillion in deficit the math doesn't yet add up for the better, but I am willing to wait for longer term effects.If total annual imports are 4 trillion - that is 4 with 12 zeros - 10% of that is 4 with 10 zeros. That is 400 billion in tariff revenue per year, if 10% average tariff.
Fact check on that is welcome.
Divide by 12 of course to get monthly. And the average tariff won't be 10%. Who knows.
But 28 billion sounds about right, given that many tariffs haven't even yet started to bite.
Secondary effects are that imports will generally and slowly decrease from what they normally are.
Even firing 100k federal employees would only save $20B assuming an average 200k salary+benefits (a simplistic calculation, but shows the order of magnitude is a small correction given the overall deficit numbers)....
My guess is GDP calculations have been changed not to show vast government layoff impact....
Even firing 100k federal employees would only save $20B assuming an average 200k salary+benefits (a simplistic calculation, but shows the order of magnitude is a small correction given the overall deficit numbers).
That's the definition of a shadow tax (not an outright tax). If tariffs lead to price increases, and consumers carry the increased price change burden (plus the resulting sales tax increase, I live in California)... how is that not a shadow tax?...
Tariffs are no "shadow" tax on consumers. You will notice them pretty painfully whenever you go shopping.
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That's the definition of a shadow tax (not an outright tax). If tariffs lead to price increases, and consumers carry the increased price change burden (plus the resulting sales tax increase, I live in California)... how is that not a shadow tax?
Of course I am free to decide what I buy or not. Of course I would welcome bringing back a lot of high tech manufscturing to the US (and I'd be happy to pay higher prices). But that transition is basically paid for by consumers. The government budget impact is through shadow tax, really. It is consumers who carry the burden of the tariffs if they decide to buy the product. Which I don't mind if it ends up benefiting the health of our economy during a transition phase, let me be clear about it.
But if consumers stop buying altogether because of that, all calculations kinda go out of the window.
PS: VAT in EU is 15%,but can be as high as 27% in some countries (Hungary). I live in California where the sales tax is 7.25% but also has a more obscure luxury tax I can't make sense out of even though I have lived here for 25 years.