“Everyone Should Start Preparing For This...

[Moonglow]

Duh. But if the other nation subsidizes its productive industry, then the competition is unfair. Tariffs help balance that scale.

And look what it leads to: in the right hands, balanced trade deals.

There have always been tariffs.

 

[BackAgain]

There have always been tariffs.

No shit, Goonblow. I never suggested otherwise.

Not the point, you obtuse hack.

 

[Moonglow]

No shit, Goonblow. I never suggested otherwise.

Not the point, you obtuse hack.

Morning sunshine.lol

 

[BackAgain]

Morning sunshine.lol

I accept your abject surrender, Goonblow.

 

[task0778]

Commentary:
What's better than Thomas Sowell?
Sowell has always defended free trade and often warned against tariffs.
So hearing him champion Trump’s Vietnam deal as a strategic, dignity-based doctrine would mark a radical shift. Either the ground is moving—or someone wants us to think it already has.
Thomas Sowell is one of the greatest thinkers of all time, and he is spot on again.
A true American patriot, scholar and expert! May it please God to grant him health, prosperity and a voice for the next 30 years.

First, the video link in the OP is unavailable, and a lot of people do not believe the voice heard on that video is Sowell's. I highly doubt Mr. Sowell actually said that, one does not reverse an opinion that goes against his principles and theories on tariffs. As matter of fact, he actually criticized Trumps tariffs in an interview on April 15, 2025.




Second, there is some question of whether the Vietnam trade deal has actually been signed:

In the CNBC interview, the interviewer said, “The Vietnam deal that the president announced earlier in July – I don’t think we’ve seen confirmation from the Vietnamese government of that deal. Do we have agreement with them on paper?”
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Scott first replied that “I assume so” and when the interviewer asked if he had seen the documentation, he replied that “Ambassador Greer keeps all that”. Jamieson Greer is the US Trade Representative.
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Has Vietnam really signed a trade deal with US?​

Technically, Vietnam has not signed a trade deal with the United States.
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Separately, Vietnamese Finance Minister Nguyen Van Thang said the agreement was “an important negotiation result, creating hope and expectations for businesses”.

So, yes, Vietnam has acknowledged the deal with the United States, but has not dubbed it a ’trade deal’ because it is not one. What the two countries have signed is a framework agreement to reach a trade deal.

Does Trump really have a trade deal with Vietnam? US treasury secretary says ‘not sure if it’s signed’

Weeks after President Donald Trump announced a ‘great’ trade deal with Vietnam, Treasury Secretary Scott Bessent has raised doubts whether the United States and Vietnam have actually signed a deal. As he said he was not aware of the deal, here we break down the situation.

www.firstpost.com

So, let's not count any chickens. And even if it is eventually signed, Vietnam (and China) will find ways to circumvent whatever the details of the deal are. Just because other countries drop their tariffs on our exports does not mean their businesses and citizens will buy substantially more of our stuff.

Will Trump stick with his increased tariffs over the long run? One of the things that Thomas Sowell did say in his April 15th interview (linked above) was this:

Sowell referenced the Smoot-Hawley tariffs, which were broad tariffs debated and implemented in 1929 and 1930, respectively, in an effort to protect American industries from overseas competition in the early stages of the Great Depression. Foreign countries retaliated, causing a decline in global trade that economists now widely believe deepened the Depression.

He went on to say that if Trump's tariffs are intended as short-term, limited measures to achieve strategic goals, they may be effective, but if they're left in place over the long term, they could replicate the "devastating history" of a global trade war and cause consumers and investors to pull back amid the uncertainty.

 

[John Edgar Slow Horses]

Duh. But if the other nation subsidizes its productive industry, then the competition is unfair. Tariffs help balance that scale.

And look what it leads to: in the right hands, balanced trade deals.

Yep, three and a fourth on the way of seventy-seven. you dolt.

 

[BackAgain]

Yep, three and a fourth on the way of seventy-seven. you dolt.

Hey Retarded Jackass.

Try using complete sentences.

You’ll still be retarded, of course; but at least whatever the **** you are trying to grunt out might have a smidge of context.

Or, better yet, you could just **** off.

 

[ThunderKiss1965]

Everybody should be prepared to know that Thomas Sowell is senile.

Black man not acting the way the Democratic party demands.

 

[ThunderKiss1965]

Also, it is unconstitutional for the president to raise taxes or tariffs on us, without Congress voting.

No taxation, without representation.

He is suppose to go to Congress and ask permission to negotiate tariffs and they vote on it.

Trump went to Congress in his first term as president, but Congress voted NO. They voted No on giving him that leeway and power.

Now, this time as President, The Man of Lawlessness, decided to ignore the Constitution and not even ASK Congress for permission.

The Supreme Court heard the case argued yesterday.

Did Congress vote on Biden's 100% tariffs on Chinese EV's ? But it's different because Trump, right ?

 

[jknowgood]

Free trade does not include tariffs, in a laissez-faire principle.

Trump has ruined you, and it's amusing.

 

[John Edgar Slow Horses]

Trump has ruined you, and it's amusing.

What is amusing is the coming blue tsunami and the one part state of America.

MAGA created it, is reaching for it, and failing.

 

[Care4all]

Did Congress vote on Biden's 100% tariffs on Chinese EV's ? But it's different because Trump, right ?

Yes, they voted on it.

 

[jknowgood]

What is amusing is the coming blue tsunami and the one part state of America.

MAGA created it, is reaching for it, and failing.

Not worried your party has a 19% approval rating.

 

[Moonglow]

Trump has ruined you, and it's amusing.

Trump, can't touch this.

 

[Moonglow]

I accept your abject surrender, Goonblow.

Have an acrid day.

 

[John Edgar Slow Horses]

Not worried your party has a 19% approval rating.

Over 30% now and climbing.

10mm more registered dems that republicans.

Trump at 37 to 41%.

Indies at 29%; they hate Trump and GOP.

 

[jknowgood]

Trump, can't touch this.

 

[Moonglow]

View attachment 1145233

There is no party in power called the Democrat Party, duh

 

[BackAgain]

Have an acrid day.