Trump Tariffs (merged threads)

[Blimey]

*Old thread alert*
Interweb is reporting Canada folded on tariffs. None from them if we do the same.
The Mexican elstupido is also saying no new tariffs from them.

On the contrary, trump backed off a week ago after a call with the canadian PM. Canada has made it very clear they are not folding on tariffs. If you think differently you need to start reading news from canadian sources. The country is overwhelmingly livid over this topic, and absolutely will not be bending the knee: 'We are going to fight these tariffs with countermeasures': PM Mark Carney responds to Trump tariffs

I hope no trump voters actually thought he was going to lower prices.

 

[Bustedknees]

On the contrary, trump backed off a week ago after a call with the canadian PM. Canada has made it very clear they are not folding on tariffs. If you think differently you need to start reading news from canadian sources. The country is overwhelmingly livid over this topic, and absolutely will not be bending the knee: 'We are going to fight these tariffs with countermeasures': PM Mark Carney responds to Trump tariffs

I hope no trump voters actually thought he was going to lower prices.

View attachment 262399

They better hope their northern eskimos can replace us as buyers. Let them try their 250% tariffs on other countries. Ain't happening, we are the largest consumers by a landslide. I was raised by my parents "factory workers" before Bill Clinton made deals that destroyed our country.

 

[libertysnake]

On the contrary, trump backed off a week ago after a call with the canadian PM. Canada has made it very clear they are not folding on tariffs. If you think differently you need to start reading news from canadian sources. The country is overwhelmingly livid over this topic, and absolutely will not be bending the knee: 'We are going to fight these tariffs with countermeasures': PM Mark Carney responds to Trump tariffs

I hope no trump voters actually thought he was going to lower prices.

View attachment 262399

Problem is a lot of people here are going to stick their head into the sand and not level the same criticism they brought to bear against Biden against one of their own. The "two wrongs make a right" mentality that got us down this road of an overpowered executive branch across nearly all administrations in my lifetime.

The trade deals we are making are a mistake. If there was a problem with previous polices or rates, fixing it like this is going to spark more of a panic than help. Especially when done suddenly.

 

[SonOfSun]

They better hope their northern eskimos can replace us as buyers. Let them try their 250% tariffs on other countries. Ain't happening, we are the largest consumers by a landslide. I was raised by my parents "factory workers" before Bill Clinton made deals that destroyed our country.

If the active trade deals were unfair, that's on Trump.

 

[SonOfSun]

. The "two wrongs make a right" mentality that got us down this road of an overpowered executive branch across nearly all administrations in my lifetime.

There was a law passed in the 1910s that allowed the president to set tariffs independent of Congress. I agree executive overreach is a problem, but in the scope of tariffs it's been this way for over 100 years. We just never had a recent president so retarded about it.

 

[Bustedknees]

The United States Tariffs and Its Impact on the Firearms and Hunting Industry ⋆ Canadian Sporting Arms and Ammunition Association Advisory

The 25% surtax on certain goods originating from the United States set to come into force on February 4th is yet another devastating blow to Canada’s already struggling firearms and […]

www.csaaa.org

 

[libertysnake]

Dow drops 1,600 as US stocks lead worldwide sell-off after Trump’s tariffs cause a COVID-like shock

Trump Tariffs Send Dow to 1600-Point Decline, Dollar Slumps. Stocks lost roughly $3.1 trillion in market value.

 

[SonOfSun]

Dow drops 1,600 as US stocks lead worldwide sell-off after Trump’s tariffs cause a COVID-like shock

Trump Tariffs Send Dow to 1600-Point Decline, Dollar Slumps. Stocks lost roughly $3.1 trillion in market value.

View attachment 262436

It's liberation day.

Your money is now free from your wallet.

 

[fresch]

Sooo who here has a better idea on trade?
Sounds like some are ok getting the shitty end of the deal. Who here would ok a deal that I get 100% and you get -25%?
If you think that's good, let the dealing begin!

Or the U.S.A. can go to war, cutting down the population, of course our NATO countries will run in to help, right after we give them the weapons. There is only a few ways to fix ~100 yrs. of government screw ups and it will hurt. We can kick the can down the road again and let the chi-nas worry about it when they take over. Perhaps islame will take control and no-one will need anything because you will be dead or a slave.
Take the punch like men and get this country back on track, only ~70 days in with the demonturds/rhinoturds doing every thing to keep the spice flowing.

 

[libertysnake]

Sooo who here has a better idea on trade?
Sounds like some are ok getting the shitty end of the deal. Who here would ok a deal that I get 100% and you get -25%?
If you think that's good, let the dealing begin!

Or the U.S.A. can go to war, cutting down the population, of course our NATO countries will run in to help, right after we give them the weapons. There is only a few ways to fix ~100 yrs. of government screw ups and it will hurt. We can kick the can down the road again and let the chi-nas worry about it when they take over. Perhaps islame will take control and no-one will need anything because you will be dead or a slave.
Take the punch like men and get this country back on track, only ~70 days in with the demonturds/rhinoturds doing every thing to keep the spice flowing.

Assuming we were getting a bad deal, there are better ways to go about this. If I want something at work, I don't walk into the meeting with a ball-peen hammer and start swinging or something at the manager. You negotiate. You have to exercise some degree of tact.

I'm not seeing tact here. And if this doesn't shake out in our favor, the favor of US citizens, this is going to be a HUGE loss for the GOP in the midterms if this pain persists that long.

 

[libertysnake]

It's liberation day.

Your money is now free from your wallet.

But.... hE's pLaYiNg 4d cHeSs.

 

[fresch]

Do we not recall the last 4 yrs or 60yrs Or history for that matter?
Our government like all the rest, are nothing more than globalist. The rich use other people's, "money" be it real or your labor.
Without looking it up, how is 2025 shaping up from the last 4 yrs., the choice we had was to vote in a complete surrender to them or stick the biggest asshole in and hope he can SAVE us.
We very much are sitting on a world war, thank you both dem/rep , globalist leeches and for what; so they get rich using our "money".
If President Trump can't break through, who starts the first shot " you know the thing", because that will be all that is remaining to choose.

 

[Bustedknees]

DA/SA Gun Comparison: CZ P07, Sig 229, H&K P30, Beretta Centurion​

Assuming we were getting a bad deal, there are better ways to go about this.

Assuming? Do you live in the USA?? Why are you backing countries that charge us 250% tariffs over your own country??? I'm fine with the sledgehammer approach. This is what Trump does and he is good at it. He is now president for a second time against all fucking odds. If we survived four years of Bidenfucknomics we can give some time to Trump to right things.

 

[Acer-m14]

I think the Stocks are still reflecting what Biden did and it will take like 6 mons to a year before we see any improvements ..

could be longer if the fucking judges keep doing what they are doing ..

 

[spat]

Assuming we were getting a bad deal, there are better ways to go about this. If I want something at work, I don't walk into the meeting with a ball-peen hammer and start swinging or something at the manager. You negotiate. You have to exercise some degree of tact.

I'm not seeing tact here. And if this doesn't shake out in our favor, the favor of US citizens, this is going to be a HUGE loss for the GOP in the midterms if this pain persists that long.

We've tried that, many times.

Sometimes you need to go to the sledge hammer.

 

[libertysnake]

Assuming? Do you live in the USA?? Why are you backing countries that charge us 250% tariffs over your own country??? I'm fine with the sledgehammer approach. This is what Trump does and he is good at it. He is now president for a second time against all fucking odds. If we survived four years of Bidenfucknomics we can give some time to Trump to right things.

I didn't say I was backing other countries. Read the fucking post.

 

[Blimey]

Problem is a lot of people here are going to stick their head into the sand and not level the same criticism they brought to bear against Biden against one of their own. The "two wrongs make a right" mentality that got us down this road of an overpowered executive branch across nearly all administrations in my lifetime.

The trade deals we are making are a mistake. If there was a problem with previous polices or rates, fixing it like this is going to spark more of a panic than help. Especially when done suddenly.

Market is down 20% since he took office. We are heading into a global recession because trump enjoys having people bow down to him. This is about his ego. If Biden had crashed the market 20% due to ignoring something anybody who watched ferris bueller knows the right wing would be storming the white house with pitch forks. This is what he said yesterday:

“These countries are calling us up. Kissing my a**. They are dying to make a deal,” Trump told a group of Republicans on Tuesday evening, hours before the tariffs were set to take hold. He described foreign leaders essentially groveling to avoid the new tariffs: “Please, please sir, make a deal. I’ll do anything sir.”

 

[Robin]

What a bunch of collective shit!
Stay the course.
Robin

 

[SonOfSun]

Sooo who here has a better idea on trade?
Sounds like some are ok getting the shitty end of the deal. Who here would ok a deal that I get 100% and you get -25%?
If you think that's good, let the dealing begin!

Or the U.S.A. can go to war, cutting down the population, of course our NATO countries will run in to help, right after we give them the weapons. There is only a few ways to fix ~100 yrs. of government screw ups and it will hurt. We can kick the can down the road again and let the chi-nas worry about it when they take over. Perhaps islame will take control and no-one will need anything because you will be dead or a slave.
Take the punch like men and get this country back on track, only ~70 days in with the demonturds/rhinoturds doing every thing to keep the spice flowing.

Assuming we are getting a bad deal, we are all aware the current deal we have with Canada and Mexico is the usmca which replaced nafta right? That deal was brokered by Trump. So if he doesn't like it..... he can literally look in the mirror. If America is getting ripped off by Canada and Mexico, it's because of him.

Also, Trump caved on the day tariffs were set to go into effect. The world called his bluff. This by default makes him weaker.

 

[Blimey]

Assuming we are getting a bad deal, we are all aware the current deal we have with Canada and Mexico is the usmca which replaced nafta right? That deal was brokered by Trump. So if he doesn't like it..... he can literally look in the mirror. If America is getting ripped off by Canada and Mexico, it's because of him.

Also, Trump caved on the day tariffs were set to go into effect. The world called his bluff. This by default makes him weaker.

The fact is the USA is the richest country in the world not in spite of other countries, but because of it. I don't want my kids sewing shirts and gluing sneakers together. There is absolutely nothing wrong with a trade deficit. Doesn't everybody here have one with wegmans? Or Sunoco?

Vietnam per capita income is like 1/10th what ours is. We pay them pennies to make stuff. The only way to have a trade balance is by these impoverished people buying shit produced at american wages? It's all so silly.

 

[SonOfSun]

The fact is the USA is the richest country in the world not in spite of other countries, but because of it. I don't want my kids sewing shirts and gluing sneakers together. There is absolutely nothing wrong with a trade deficit. Doesn't everybody here have one with wegmans? Or Sunoco?

Vietnam per capita income is like 1/10th what ours is. We pay them pennies to make stuff. The only way to have a trade balance is by these impoverished people buying shit produced at american wages? It's all so silly.

View attachment 1000006419.mp4

 

[Acer-m14]

 

[lrick]

Wow. What a tactic on Xi's part, going after Hollywood, Trump's mortal enemy. Clueless.

Anything Trump's base might care that much about is already a no-go in China.

China Retaliates By Punishing ... Hollywood?

I've heard of clueless briar-patch strategies, but this one really takes the cake. Or a Golden Raspb

hotair.com

 

[Saltwater60]

Wow. What a tactic on Xi's part, going after Hollywood, Trump's mortal enemy. Clueless.

Anything Trump's base might care that much about is already a no-go in China.

China Retaliates By Punishing ... Hollywood?

I've heard of clueless briar-patch strategies, but this one really takes the cake. Or a Golden Raspb

hotair.com

They already did this crap.

 

[Defilade]

The fact is the USA is the richest country in the world not in spite of other countries, but because of it. I don't want my kids sewing shirts and gluing sneakers together. There is absolutely nothing wrong with a trade deficit. Doesn't everybody here have one with wegmans? Or Sunoco?

Vietnam per capita income is like 1/10th what ours is. We pay them pennies to make stuff. The only way to have a trade balance is by these impoverished people buying shit produced at american wages? It's all so silly.

Richest Country in the World? Lmao! Last I checked we are something like 36 trillion in debt. More like poorest County in the World! Anyone can take out loans on interest and look rich. We are a Country that relies on credit. Not sustainable!

 

[Saltwater60]

This. Left unsaid in all the media coverage about tariffs is just how one sided they are. Our goods are taxed at outrageous levels while the tariffs to enter this country are very small. Trump simply wants everything to be equal, i.e. if our product to country x is taxed at 100% then their product to us is going to be taxed at 100%. Until the knuckleheads agree to lower the tariffs to a much more reasonable level.

If you look at the history of tariffs the US purposely lowered them after world war 2 to jump start the european economies devastated by the war and to bind them politically to us against the russians. The cold war ended in 1991 with the dissolution of the soviet union. Tariffs should have been addressed then. They were essentially on autopilot until trump came into office in 2016 and said this was completely unfair. He was correct and continues to be correct on this issue.

But it still won’t be “fair” or solve the trade deficit. Maybe the rates will be equal but people need to keep in mind and the context here. There is a trade imbalance at least in part because the American economy is the largest in the world and we import more than anyone else. When you look at our GDP per person and our wages along with our spending and debt it makes sense. I’m not saying tariffs and import rates shouldn’t be fair and equalized but we will still more than likely have a trade deficit.
Keep in mind estimates are 3% of chinas GDP is associated with trade to the USA. This will not shutdown or ruin China as much as people think. The impact will be greater than people think as a result of it only being 3% of their GDP but this will not bankrupt or cripple China. For perspective a recession is 2% GDP loss for two consecutive quarters so it will be impactful a severe recession is 5% GDP loss. Our GDP loss during Covid was between 11% and 5% for a while. They could survive this and I doubt this will stop all trade with China so what are we talking about 1.5-2% of their GDP possibly? Time will tell.

https://www.cbpp.org/research/economy/tracking-the-recovery-from-the-pandemic-recession#:~:text=In%20July%202020%2C%20CBO%20published,pre%2Dpandemic%20January%202020%20projections.

 

[SonOfSun]

Richest Country in the World? Lmao! Last I checked we are something like 36 trillion in debt. More like poorest County in the World! Anyone can take out loans on interest and look rich. We are a Country that relies on credit. Not sustainable!

What is the value of us government held assets?

Once you look that up....

 

[spat]

What is the value of us government held assets?

Once you look that up....

Debt to GDP ratio is a good one too.

I do not consider myself "poor" just because I owe more on my mortgage than I earn in a single year.

 

[Robin]

Richest Country in the World? Lmao! Last I checked we are something like 36 trillion in debt. More like poorest County in the World! Anyone can take out loans on interest and look rich. We are a Country that relies on credit. Not sustainable!

Yep, unsustainable! I'm truly shocked that we are still functional, which buys time to make things right God speed Donald Trump!
Robin

 

[lrick]

Pretty good article.

Comments for: Free Trade: Reagan and the Austrians vs. the World of Today

I was raised to respect the Austrian School of economics. From the hardliners at the Foundation for Economic Education (FEE) and Reason to the more moderate libertarians like Milton Friedman and President Reagan, the conservatives of my generation (I...

www.americanthinker.com