Are Tariffs A Good Idea?

[justoffal]

The drop we are seeing now is likely the result of lower transportation costs.

Additionally processing costs because all food processing plants must burn hydrocarbons to do their processing..... Boiler assemblies producing more than 22 million BTUs per hour ( pretty common ) were subject to an overarching federal carbon tax which proved to be rather expensive to the bottom line at the end of each month. Currently in the process of being repealed. As each one of these burdens drops off of industry... Cost savings should follow within 30 days.

 

[my2¢]

If tariffs are bad, why do so many nations impose them on US goods?

Because their governments think they're better equipped to decide best how consumers spend their money. Sort of similar to how they handle healthcare.

 

[EvilCat Breath]

Additionally processing costs because all food processing plants must burn hydrocarbons to do their processing..... Boiler assemblies producing more than 22 million BTUs per hour ( pretty common ) were subject to an overarching federal carbon tax which proved to be rather expensive to the bottom line at the end of each month. Currently in the process of being repealed. As each one of these burdens drops off of industry... Cost savings should follow within 30 days.

We must use the 2026 election to eliminate the remnants of the democratic party.

 

[Zincwarrior]

I hope Europe is smarter...

Just put 50% on tariffs on Red States goods...

Also hit customer end goods with 33%...

0% on Blue state non customer end goods...

Also contemplate actions directly against Trump Co assets.

 

[Zincwarrior]

We must use the 2026 election to eliminate the remnants of the democratic party.

Oh I think the midterms are going to be very interesting indeed.

 

[justoffal]

I hope Europe is smarter...

Just put 50% on tariffs on Red States goods...

Also hit customer end goods with 33%...

0% on Blue state non customer end goods...

You're too simple even to reply to but I'll torture myself through it.

There's really no such thing as a blue state or a red state they're all pretty well mixed. What you're attempting to do is literally impossible.

 

[Winco]

Yes we don't begin the actual Trump economy until October 1.

As you can see from the post above, the trump cult is already set to blame biden for the upcoming bad GDP report, by claiming the actual Trump economy until October 1.

When in reality, trump is destroying the economy, quickly, but they are prepared to still blame biden.
Dow at 42,600, which is (43,487 on 1/17) 1,287 points lower than when he took office.

Anecdotal only, but the Atlanta Fed has completely reversed its view of the future.

This doesn't happen unless something has quickly and drastically changed recently.

 

[g5000]

Upon opening a few moments ago, the Dow plunged off a cliff. As did the Nasdaq and S&P 500.

Your IRAs and 401(k)s thank you for voting Trump.

 

[g5000]

As you can see from the post above, the trump cult is already set to blame biden for the upcoming bad GDP report, by claiming the actual Trump economy until October 1.

When in reality, trump is destroying the economy, quickly, but they are prepared to still blame biden.
Dow at 42,600, which is (43,487 on 1/17) 1,287 points lower than when he took office.

How quickly the MAGA cult forget they gave Trump credit for the December stock market before he was even sworn in!

 

[Cellblock2429]

What does US have on light trucks? which is a higher seller than Cars?

25%....

Why Trump’s Tariffs on EU Car Manufacturers are a Negotiating Tactic

US President Donald Trump wants to announce details on tariffs on April 2.

www.morningstar.co.uk

By the Way, Europeans are not that into US cars. They find the engine very inefficient, too big for their smaller roads, handling is bad, cheaper made...
Safety standards are quite different... Europe is more about pedestrian/cyclist safety and rollover protection... US is more impact protection..

Quite different cars...

BTW, Europeans look at the Ford F150... IT is rear wheel drive with no weight on the rear wheels... Where is the engineering in that? Madness...

View attachment 1085705

/---/ "BTW, Europeans look at the Ford F150... IT is rear wheel drive with no weight on the rear wheels... Where is the engineering in that? Madness..."
Ever drive a Mercedes in the snow?

 

[g5000]

There is going to be a lot of loud laughter around the country tonight when Trump claims, "The economy is sound."

 

[Frankenstein]

No you haven't. This is unprecendented. One thing that neither consumers nor markets will abide is uncertainty, and we haven't seen this size and intensity of uncertainty since WWII. And yeah, it's all deliberate.

I'm holding out hope that there is some kind of master economic plan afoot, but I admit to often overestimating people. It could be that they think we will have fully recovered from this shock to the system by the time the mid terms roll around, I don't know.

But as I always say, nothing illustrates the Dunning-Kruger Effect more vividly than a Trumpster trying to lecture people on economics. And I'm not seeing anything in the way of forethought or planning from our co-Presidents.

So you are another who is ok with the US getting screwed on Trade, good for you!

 

[Mac1958]

As you can see from the post above, the trump cult is already set to blame biden for the upcoming bad GDP report, by claiming the actual Trump economy until October 1.

They've proven that they don't know shit about macroeconomics, and that includes their Jesus 2.0.

 

[g5000]

So you are another who is ok with the US getting screwed on Trade, good for you!

We aren't getting screwed on trade. Trump has hoaxed you. Again.

We are the richest country on Earth, so we buy more shit from other countries than they buy from us.

Basic economics which Trump knows you know nothing about.

Trump and his daughter both have their brand-name goods made in Mexico and China. If that isn't a giant red flag telling you Trump is full of shit, I don't know what is.

 

[Mac1958]

We aren't getting screwed on trade. Trump has hoaxed you. Again.

All graduates of the Trump School of Economics™.

 

[Zincwarrior]

DJ Market down 700 points this morning. Nasdaq down 370.

Best Buy says prices will be going up for consumers.

https://www.cnbc.com/2025/03/04/best-buy-bby-q4-2025-earnings.html

 

[22lcidw]

We aren't getting screwed on trade. Trump has hoaxed you. Again.

We are the richest country on Earth, so we buy more shit from other countries than they buy from us.

Basic economics which Trump knows you know nothing about.

Trump and his daughter both have their brand-name goods made in Mexico and China. If that isn't a giant red flag telling you Trump is full of shit, I don't know what is.

Progs are extremist revolutionaries. Prove it and die for the cause. Otherwise go away.

 

[MarcATL]

You screwed up voting for this idiot OP.

Now it's FAFO season.

 

[jc456]

You screwed up voting for this idiot OP.

Now it's FAFO season.

did exactly what we intended with our votes. Looks like you are just whining.

 

[g5000]

Progs are extremist revolutionaries. Prove it and die for the cause. Otherwise go away.

It is Trump's cult who are progressive, just as I warned way back in 2016 he would make you into far lefties.

Just look at you. Totally on board with his far left protectionism and sucking up to a KGB thug!

You idiots can't even see back to where the conservative reservation is, comrade useful idiot!

Think about it. Biden kept Trump's tariffs in place. If that doesn't tell you how liberal you are, I don't know what will.

Wake wakey, rube!