At Last, Trump Tariffs Attacking US Globalist Lunacy

protectionist

Diamond Member
Oct 20, 2013
55,653
17,673
2,250
After repeated 2016 campaign promises to hit China, Mexico and other economic enemies of the US, with tariffs on their exports to America, President Trump is finally delivering. He has announced 25% tariffs to go on imported steel + 10% on aluminum.

What took so long ? Maybe it was all the work of undoing all the damages of 8 years of the Obama administration + the distractions of the Russian collusion scam. In any case, the decades of economic deterioration brought upon us by 4 presidents >> Bush 41, Clinton, Bush 43, and Obama, is finally ending.

The serious damages to our economy that globalist policy has caused us, can now be reversed. How disturbing it is to hear economic airheads talking like this is a bad thing. Nothing could illustrate their economic ignorance more than this. Just shows you can't assume people know what they're talking about.

First, it should be noted that all the damage we've suffered economically over the past 28 years, has been completely unecessary. Why/how it occured is mysterious. There is no mystery though, that all along we in America have been holding all the cards on the world economic stage. That's because of one primary thing. Our enormous MARKET.

Does China need us ? Of course they do. A huge % of their exports come here. Just walk through Walmart, pick up 100 items, and look at where they came from. China, China, China, China, etc. We have a massive population of people with money to buy things. And what does China have for us ? A huge population of people with pennies in their pockets (even those with full-time jobs).

How absurd for the loud, know-nothings to blabber about a trade war. EARTH TO THEM: There has BEEN a trade war going on for 28 years, but all the warring has been done against the US, with the US doing nothing to strike back. Until now. And we hold the higher ground. The Europeans, Chinese, Mexicans, Japanese, South Koreans, Malaysians, who need our market, will not get it scott free, any more.

US companies who were forced out of America, by globalist policies of tariff-free imports, from countries with a much lower corporate tax, lower labor costs, no wage & hour laws, and health safety, and environmental regualtions, no unions, will no longer be undercut, and unable to exist in the US. Many, if not all, will return to the US.

The benefits to America by us finally ending the role of being the doormat for the rest of the world, go beyond manufacturing companies. The insane globalism of the past 4 presidents (and it would have been 5 with Hillary Clinton) has also harmed our national security. Did you think imported oil was our only sticking point ? Former South Carolina Senator Fritz Hollings (called by Pat Buchanan >> "the economic patriot of the Senate for 4 decades") wrote : >>

"The defense indusry has been off-shored. We had to wait months to get flat panels from Japan before we launched Desert Storm. Boeing can't build a fighter plane except for the parts from India. Sikorsky can't build a helicopter except for the tail motor from Turkey. Today, we cant go to war except for the favor of a foreign country."

And the economic patriot of Cable TV News for 2 decades, Lou Dobbs, has said: "Over 2/3 of "our" ports aren't ours. They're foreign owned." But the days of almost 3 decades of Bush-Clinton-Bush-Obama, enacting and supporting NAFTA, WTO, abolishing tariffs, and granting China unrestricted access to the US market, are coming to an abrupt end. America is being made great again.
 
It’s about time. Enough is enough with these ridiculous trade policies we have. Every other country does it to protect their industries, yet if America does it, it suddenly is bad.

The globalists are freaking out over it of course, and their MSM puppets are pushing the narrative that President Trump is being reckless. Poor MSM puppets, they must obey their globalist masters.
 
he was reckless.... if he wanted to punish China for their misdeeds, which should be done, he would not have done it this way....hap-hazardously....
 
It’s about time. Enough is enough with these ridiculous trade policies we have. Every other country does it to protect their industries, yet if America does it, it suddenly is bad.

The globalists are freaking out over it of course, and their MSM puppets are pushing the narrative that President Trump is being reckless. Poor MSM puppets, they must obey their globalist masters.

These tarrifs are going to affect us regular consumers.

Companies like Apple are affected because the phones are made out of aluminum and steel. So their are going to increase. And a whole bunch of other every products will increase in price.

Nothing to do with globalist.
 
he was reckless.... if he wanted to punish China for their misdeeds, which should be done, he would not have done it this way....hap-hazardously....
This is exactly the way. What would you do ? Leave the current misbalance as is ?
 
These tarrifs are going to affect us regular consumers.

Companies like Apple are affected because the phones are made out of aluminum and steel. So their are going to increase. And a whole bunch of other every products will increase in price.

Nothing to do with globalist.
HA HA. Inevitable that some posters and politicians will show off their economic ignorance. For your edification, companies CANNOT raise prices in response to tariffs, taxes, or any other costs. All firms have a MARKET PRICE. This is fixed, as the highest price they can charge, without triggering SALES REDUCTIONS, that would decrease their income. Get it ?

This is graphically shown as a bell-shaped curve with income on the Y axis, and prices going up on the X axis. The MARKET (current) PRICE is at the top of the curve. As shown, once the market price is reached, and price goes up more (moving to the right on the X axis), the income starts dropping. (right side of the curve)

upload_2018-3-2_12-39-26.png
 
Tariffs are a tax increase. Will adversely affect the middle and lower classes. A terrible, and very liberal, policy.
Post too brief. Clarification please.
You make imported steel 25% more expensive, manufacturers have to start buying far expensive imported and domestic steel, domestic steel raises price due to higher demand, prices shoot up across the board. The extra expense affects the middle and lower classes far more relative to the impact felt by the upper class. Eventually the artificial controls (tariffs) run their course and everything goes back to the way it was, except for the period of hardship and stalled growth caused by liberal tariff policy.
 
It’s about time. Enough is enough with these ridiculous trade policies we have. Every other country does it to protect their industries, yet if America does it, it suddenly is bad.

The globalists are freaking out over it of course, and their MSM puppets are pushing the narrative that President Trump is being reckless. Poor MSM puppets, they must obey their globalist masters.

These tarrifs are going to affect us regular consumers.

Companies like Apple are affected because the phones are made out of aluminum and steel. So their are going to increase. And a whole bunch of other every products will increase in price.

Nothing to do with globalist.
Most phones are made out of glass on both sides. Unless you buy a cheap phone. Having said that new phones cost nearly a thousand dollars so economic prudence doesn't seem to matter anyways.
 
It’s about time. Enough is enough with these ridiculous trade policies we have. Every other country does it to protect their industries, yet if America does it, it suddenly is bad.

The globalists are freaking out over it of course, and their MSM puppets are pushing the narrative that President Trump is being reckless. Poor MSM puppets, they must obey their globalist masters.

These tarrifs are going to affect us regular consumers.

Companies like Apple are affected because the phones are made out of aluminum and steel. So their are going to increase. And a whole bunch of other every products will increase in price.

Nothing to do with globalist.
Most phones are made out of glass on both sides. Unless you buy a cheap phone. Having said that new phones cost nearly a thousand dollars so economic prudence doesn't seem to matter anyways.

Incorrect. iPhone X(the phone I'm currently using) is made out of glass and stainless steel. iPhone 8/8 plus is made out of glass and aluminum. Same for galaxy note 8 and galaxy s9.
 
As far as the tariffs I am going to hold judgment until I see the results. I can see BOTH sides of the argument as well as two possible outcomes depending on how American companies respond.

1. Massive growth in the industry leading to good job growth.

2. Greed & price hikes
 
It’s about time. Enough is enough with these ridiculous trade policies we have. Every other country does it to protect their industries, yet if America does it, it suddenly is bad.

The globalists are freaking out over it of course, and their MSM puppets are pushing the narrative that President Trump is being reckless. Poor MSM puppets, they must obey their globalist masters.

These tarrifs are going to affect us regular consumers.

Companies like Apple are affected because the phones are made out of aluminum and steel. So their are going to increase. And a whole bunch of other every products will increase in price.

Nothing to do with globalist.

Another Democrat using low costs to justify slave labor.
 
It’s about time. Enough is enough with these ridiculous trade policies we have. Every other country does it to protect their industries, yet if America does it, it suddenly is bad.

The globalists are freaking out over it of course, and their MSM puppets are pushing the narrative that President Trump is being reckless. Poor MSM puppets, they must obey their globalist masters.

These tarrifs are going to affect us regular consumers.

Companies like Apple are affected because the phones are made out of aluminum and steel. So their are going to increase. And a whole bunch of other every products will increase in price.

Nothing to do with globalist.
Most phones are made out of glass on both sides. Unless you buy a cheap phone. Having said that new phones cost nearly a thousand dollars so economic prudence doesn't seem to matter anyways.

Incorrect. iPhone X is made out of glass and stainless steel. iPhone 8/8 plus is made out of glass and aluminum. Same for galaxy note 8 and galaxy s9.
I don't buy products from companies willing to use child slave labor. But even if I did the amount of metal in their products in miniscule. Your argument is retarded.
You should have used cars as an example.
 
The only lunacy is Trump starting trade wars.
As stated in the OP, "How absurd for the loud, know-nothings to blabber about a trade war.

EARTH TO THEM: There has BEEN a trade war going on for 28 years, but all the warring has been done against the US, with the US doing nothing to strike back. Until now. And we hold the higher ground."

Of course we do. Because of "Our enormous MARKET.

Does China need us ? Of course they do. A huge % of their exports come here. Just walk through Walmart, pick up 100 items, and look at where they came from. China, China, China, China, etc. We have a massive population of people with money to buy things. And what does China have for us ? A huge population of people with pennies in their pockets (even those with full-time jobs)."


They need us. We don't need them.
 
You make imported steel 25% more expensive, manufacturers have to start buying far expensive imported and domestic steel, domestic steel raises price due to higher demand, prices shoot up across the board. The extra expense affects the middle and lower classes far more relative to the impact felt by the upper class. Eventually the artificial controls (tariffs) run their course and everything goes back to the way it was, except for the period of hardship and stalled growth caused by liberal tariff policy.
Refuted in Post # 6 (and every college Microeconomics classroom around the world)
 

Forum List

Back
Top