President Trump announces new tariffs: 25% for steel, 10% for aluminum

[ABikerSailor]

"Farmers have been on a downward trend for 15 years. The price of soybeans has fallen 50% since 5 years before the Election. A big reason is bad (terrible) Trade Deals with other countries. They put on massive Tariffs and Barriers. Canada charges 275% on Dairy. Farmers will WIN!" - President Trump

Quick question..................if the tariffs are so great for the soybean farmers, then why have they seen a 15 percent drop in price since they started?

 

[basquebromance]

"Farmers have been on a downward trend for 15 years. The price of soybeans has fallen 50% since 5 years before the Election. A big reason is bad (terrible) Trade Deals with other countries. They put on massive Tariffs and Barriers. Canada charges 275% on Dairy. Farmers will WIN!" - President Trump

Quick question..................if the tariffs are so great for the soybean farmers, then why have they seen a 15 percent drop in price since they started?

we will win again. we will be strong again. we will be wealthy again. we will be great again!

 

[basquebromance]

tariffs are simply taxes, they're nothing other than taxes. tariffs are taxes.

when America enacts tariffs, it hurts Americans. when France enacts tariffs, it hurts France.

 

[Correll]

tariffs are simply taxes, they're nothing other than taxes. tariffs are taxes.

when America enacts tariffs, it hurts Americans. when France enacts tariffs, it hurts France.

Except that the other nations that have enacted tariffs, formal or hidden, seem to have done pretty well, as they have taken jobs and wealth from US.

 

[basquebromance]

"Tariffs are the greatest! Either a country which has treated the United States unfairly on Trade negotiates a fair deal, or it gets hit with Tariffs. It’s as simple as that - and everybody’s talking! Remember, we are the “piggy bank” that’s being robbed. All will be Great!

Countries that have treated us unfairly on trade for years are all coming to Washington to negotiate. This should have taken place many years ago but, as the saying goes, better late than never!" - President Trump

 

[Harpy Eagle]

tariffs are simply taxes, they're nothing other than taxes. tariffs are taxes.

when America enacts tariffs, it hurts Americans. when France enacts tariffs, it hurts France.

Except that the other nations that have enacted tariffs, formal or hidden, seem to have done pretty well, as they have taken jobs and wealth from US.

Which country that has enacted those tariffs have a lower unemployment rate than the US?

Which of those countries that have enacted those tariffs have a higher per capita GDP, or nominal GDP than the US?

Which of those countries that have such tariffs have gone longer than 109 straight months of economic expansion?

Which of those countries that have such tariffs have more total wealth or more wealth per capita than the US?


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[ABikerSailor]

Well, now Trump has decided that he's gonna help out the farmers by giving them money because the tariffs screwed up their market.

Wonder where the money is gonna come from? He's already cut taxes once, so where is the money for the subsidies gonna come from?

The sad thing is that the farmers wouldn't need the subsidies if Trump hadn't imposed the tariffs.

 

[basquebromance]

"The European Union is coming to Washington tomorrow to negotiate a deal on Trade. I have an idea for them. Both the U.S. and the E.U. drop all Tariffs, Barriers and Subsidies! That would finally be called Free Market and Fair Trade! Hope they do it, we are ready - but they won’t!" - President Trump

peace through surrender?

 

[basquebromance]

"When you have people snipping at your heels during a negotiation, it will only take longer to make a deal, and the deal will never be as good as it could have been with unity. Negotiations are going really well, be cool. The end result will be worth it!

Every time I see a weak politician asking to stop Trade talks or the use of Tariffs to counter unfair Tariffs, I wonder, what can they be thinking? Are we just going to continue and let our farmers and country get ripped off? Lost $817 Billion on Trade last year. No weakness!

China is targeting our farmers, who they know I love & respect, as a way of getting me to continue allowing them to take advantage of the U.S. They are being vicious in what will be their failed attempt. We were being nice - until now! China made $517 Billion on us last year." - Trump

 

[Correll]

"The European Union is coming to Washington tomorrow to negotiate a deal on Trade. I have an idea for them. Both the U.S. and the E.U. drop all Tariffs, Barriers and Subsidies! That would finally be called Free Market and Fair Trade! Hope they do it, we are ready - but they won’t!" - President Trump

peace through surrender?

How would that be "peace though surrender"?

 

[Wickerthing]

Well, now Trump has decided that he's gonna help out the farmers by giving them money because the tariffs screwed up their market.

Wonder where the money is gonna come from? He's already cut taxes once, so where is the money for the subsidies gonna come from?

The sad thing is that the farmers wouldn't need the subsidies if Trump hadn't imposed the tariffs.

Eventually, just like the big tax cut money grab by Trump causing a huge budget shortfall, the bill will be passed to the working man, poor, elderly, disabled, Veterans etc. As far as the tariffs, the auto industry is already feeling the pressure. And just like the aforementioned, the costs will simply be passed on to the working stiff. These steel and aluminum tariffs will be felt almost immediately just like auto prices. There goes the giant tax break we working folks got. Poof! LOL

 

[basquebromance]

for Americans, this is the best economy of our lifetimes, all because of one man, Donald J Trump. a global trade war threatens that prosperity

 

[sparky]

b-b-b-but what if Tump imposes a tariff on soft porn queens from slobovania??

 

[EvilCat Breath]

The. EU caved on agricultural tariffs. The soybeans are safe.

 

[sealybobo]

he just fullfilled another campaign promise!

https://www.washingtonpost.com/news...num-imports/?tid=ss_tw&utm_term=.901513c38611

He did?

US tariffs on China could cost American households $1,000 per year, JPMorgan says - CNN

Did he promise to cost your household $1000 a year? LOL.

 

[Cellblock2429]

he just fullfilled another campaign promise!

https://www.washingtonpost.com/news...num-imports/?tid=ss_tw&utm_term=.901513c38611

He did?

US tariffs on China could cost American households $1,000 per year, JPMorgan says - CNN

Did he promise to cost your household $1000 a year? LOL.

/—-/ Only if you buy the China crap.

 

[sealybobo]

he just fullfilled another campaign promise!

https://www.washingtonpost.com/news...num-imports/?tid=ss_tw&utm_term=.901513c38611

He did?

US tariffs on China could cost American households $1,000 per year, JPMorgan says - CNN

Did he promise to cost your household $1000 a year? LOL.

/—-/ Only if you buy the China crap.

Good luck getting Americans who live in a town that only has a Walmart to stop buying Chinese. This is going to raise their prices.

Only roughly 15 percent of U.S. imports come from China.

BUT

70-80% of Walmart's suppliers were located in China back in 2016.

I'm glad. I'm not arguing that we should continue buying from GINA. I'm just pointing out that this is going to cost Americans who already don't make a lot of money. Are you better off now than you were under Obama? Probably not. Are corporations? Sure. Workers? Not really.

I don't thing MAGA has happened for most Americans.

 

[Cellblock2429]

he just fullfilled another campaign promise!

https://www.washingtonpost.com/news...num-imports/?tid=ss_tw&utm_term=.901513c38611

He did?

US tariffs on China could cost American households $1,000 per year, JPMorgan says - CNN

Did he promise to cost your household $1000 a year? LOL.

/—-/ Only if you buy the China crap.

Good luck getting Americans who live in a town that only has a Walmart to stop buying Chinese. This is going to raise their prices.

Only roughly 15 percent of U.S. imports come from China.

BUT

70-80% of Walmart's suppliers were located in China back in 2016.

I'm glad. I'm not arguing that we should continue buying from GINA. I'm just pointing out that this is going to cost Americans who already don't make a lot of money. Are you better off now than you were under Obama? Probably not. Are corporations? Sure. Workers? Not really.

I don't thing MAGA has happened for most Americans.

/—-/ You don’t think MAGA has happened for most Americans or you refuse to accept it because doing so will give credit to Trump? Orange man bad.

 

[CowboyTed]

The. EU caved on agricultural tariffs. The soybeans are safe.

Well they didn't... They are just leveraging a position on Brazil...

By the way EU is very poor consumer of Soyabeans... Argentina alone consumes 20% more than the whole of EU...

 

[Cellblock2429]

"Farmers have been on a downward trend for 15 years. The price of soybeans has fallen 50% since 5 years before the Election. A big reason is bad (terrible) Trade Deals with other countries. They put on massive Tariffs and Barriers. Canada charges 275% on Dairy. Farmers will WIN!" - President Trump

Quick question..................if the tariffs are so great for the soybean farmers, then why have they seen a 15 percent drop in price since they started?

/——/ What?