Lets talk about Tariffs and what they mean to you!

[Picaro]

A reminder that CCP China has been "at war" with the USA for some time now, on every front possible. Political; international relations; espionage(stealing secrets and patent rights); ideological, especially with communist infiltration to our education systems; military weapons and buildup - sabre rattling towards Taiwan, etc.; and especially economics.

The last thing the USA should do is feed CCP China's coffers~treasury.

Second Trump Term May Push China’s Economy Over the Cliff​

....
The Chinese economy is in far worse shape than it was in 2016, and a second Trump term could push it over the edge.

When news broke that former President Donald Trump had won reelection, stock markets rallied, the dollar rose, the yuan fell, and the Chinese Communist Party (CCP) likely despaired. The trade war Trump launched against China in his first term slowed China’s growth, weakened its currency, and drove up its debt. However, China managed to withstand the first round of a Trump battle thanks to an otherwise strong economy.

In his second term, Trump has vowed to take an even tougher stance on China, reappointing Robert Lighthizer—the mastermind behind the original China trade war—as the new U.S. Trade Representative. Lighthizer, known for his pivotal work in quantifying the CCP’s intellectual property theft at between $225 billion and $600 billion annually, has long recommended that the United States decouple from China, a stance he reiterated in his 2023 book, “No Trade Is Free.” Since leaving his previous role in government, Lighthizer has worked at the Center for American Trade at the America First Policy Institute, a think tank that advocates holding China accountable for unfair trade practices, intellectual property theft, and environmental violations.

After four years of Trump tariffs, four years of Biden tariffs, prolonged COVID-19 lockdowns, and steady “de-risking“ by European and G7 countries, the Chinese economy remains in the doldrums. Youth unemployment was nearly 19 percent in August, close to the record high of 21.3 percent in 2023. The property sector continues to decline, with new home prices dropping, and local government debt, according to the International Monetary Fund (IMF) estimates, now stands at $8.4 trillion.

At the end of 2023, the IMF estimated China’s total government debt to be $20.7 trillion, while corporate debt was roughly 350 trillion yuan, or $48.76 trillion. With China’s gross domestic product (GDP) at just $18.2 trillion, the nation’s debt is more than three times the size of its economy.
....
In his first term, Trump imposed tariffs of up to 25 percent on Chinese products. This time, he has pledged tariffs as high as 60 percent on Chinese imports, a move that could severely cripple China’s export sector. ... The Trump–Lighthizer duo could, in effect, decimate China’s manufacturing sector, stifling exports and driving up unemployment.
....
Xi is now up against a reinvigorated Trump, the original China hawk, backed by a favorable Congress and a U.S. populace with a record 81 percent unfavorable view of China. Americans are far more likely to support a trade war now, and with China’s weakened economy, a renewed trade war could deliver a massive blow to Beijing.
...

Second Trump Term May Push China’s Economy Over the Cliff

www.theepochtimes.com

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The object of war is a better peace.
You don't win by pulling your punches.

I hope they try the tactic of cutting us off completely. that would accelerate the on-shoring as well as force companies to move their production to allies and other countries and out from from under Cadre thumbs. They need us as a dumping ground a lot more than we need them. These multi-nationals aren't American and we need to stop shielding them as if they were.

 

[MisterBeale]

No, you are going to the other extreme. All extremes are bad.

Nope.

You're a shill for the criminal global technocracy and global corporations.

 

[Luckyone]

Of course.

Rules are meant to be broken. . . and I am to be an example to others as to what the real rules are.

These are the rules our ancestors and founders lived by.

Yes, they are and Trump and the Republicans have deserted them

 

[MisterBeale]

All extremes are bad.

 

[Luckyone]

Nope.

You're a shill for the criminal global technocracy and global corporations.

You are entitled to your opinion. Nonetheless, I have come to realize that giving you data, statistics and facts are useless. You live in a world of your own and in that world, those have no meaning.

I have no interest in living in your world but I also have no interest in forcing you out of it.

Enjoy it "while it lasts" Mother Nature is a bitch and unfortunately for you, sooner or later she will force you down to the real world. Being forced to do something and not being able to do anything about it, really is painful. I don't wish that on anyone. I went through that faze earlier in my life and it truly hurt.

 

[Nobody911]

Apparently no one cared much when Biden raised tariffs on EVs, solar panels, etc to 100% in May of 2024. Hmmmm.

FACT SHEET: President Biden Takes Action to Protect American Workers and Businesses from China’s Unfair Trade Practices | The White House

President Biden’s economic plan is supporting investments and creating good jobs in key sectors that are vital for America’s economic future and national

www.whitehouse.gov

The fights between wealthy American elites, both blue and red, are still going on and on, using the working or lower class as a political tool. Fortunately I am not a puppet of the wealthy. lol.

 

[0311]

lol fuck off, gimp. You know squat, just parroting whatever your Hive tells you to. You also seem to think we have to buy most of that crap. We don't, dufus.

So rather than answer question put to you, you engage in personal attacks as means to hide that you don't know a fucking thing.

In point of fact I am NOT a "gimp", I have monocular vision, which means for uneducated like you that I have one eye. Your petty attempts at insulting me mean nothing. It only serves to prove you have no idea of what you are talking about. OH, FYI......your red "MAGA" cap was manufactured in China.

 

[MisterBeale]

giving you data, statistics and facts are useless.

The so called data, statistics and facts you parrot?

 

[Luckyone]

No, these are the extremists:

 

[0311]

lol fuck off, gimp. You know squat, just parroting whatever your Hive tells you to. You also seem to think we have to buy most of that crap. We don't, dufus.

Regardless of your limited understanding of economics, the truth is that higher import costs will passed be along to the American Consumer in the way of higher prices. That is fact. Get over shit head.

 

[MisterBeale]

Enjoy it "while it lasts" Mother Nature is a bitch and unfortunately for you, sooner or later she will force you down to the real world.

At least we can both agree on this. If it were not so? Trump would have never been a successful politician. He is not the cause, just a symptom.

Good thing the American system seems to be still ostensibly working, eh?

 

[BrokeLoser]

Trump raised Tariffs on China in 2017 and for the past 4 years, he has stated that if reelected he would raise tariffs on China even more (60% or more). He reinforced that view recently in August, 2024.

Economists across the board have stated that such a tariff increase would make inflation soar. Nonetheless, Trumpers have pooh-poohed those predictions as being biased against Trump.

Well, here is one predictor that we ALL know and mostly respect, for the simple reason that we all shop there as it is a company that generally offers the lowest prices for products, meaning that if anyone knows about pricing of products, this company knows:

Do you now believe and understand that what Trump has promised to do, will make our lives more difficult without accomplishing much benefit?

It also needs to be clearly understood that if Trump by any chance changes his mind, it will mean a promise that he made 8 years ago (and he did keep) and has made it again for this term, will become a broken promise. Is Trump's caring for Americans greater than the pride/ego for himself? I don't think so.

If he doesn't change his mind (most likely scenario), we all (including his supporters) will suffer the consequences.

What do you prefer he do?

Your extreme case of TDS won’t allow you to see past your nose…Tariffs will have to play out over time before proving their effectiveness. All critical thinkers without TDS see the issue through a macro lens. Try it.

 

[Concerned American]

So rather than answer question put to you, you engage in personal attacks as means to hide that you don't know a fucking thing.

In point of fact I am NOT a "gimp", I have monocular vision, which means for uneducated like you that I have one eye. Your petty attempts at insulting me mean nothing. It only serves to prove you have no idea of what you are talking about. OH, FYI......your red "MAGA" cap was manufactured in China.

Maybe your one eye doesn't work so well. Made in USA

https://www.amazon.com/maga-hat-made-usa/s?k=maga+hat+made+in+usa&tag=usmb-20&tag=usmb-20

 

[Luckyone]

Your extreme case of TDS won’t allow you to see past your nose…Tariffs will have to play out over time before proving their effectiveness. All critical thinkers without TDS see the issue through a macro lens. Try it.

My extreme case of TDS? Hahaha, this means that economists and even Walmart have higher extremes of TDS and my information comes from them, not from my own mind.

 

[BrokeLoser]

My extreme case of TDS? Hahaha, this means that economists and even Walmart have higher extremes of TDS and my information comes from them, not from my own mind.

Are these economists and Walmart talking about the impact of tariffs in the short or long term?
Think once.

 

[Luckyone]

At least we can both agree on this. If it were not so? Trump would have never been a successful politician. He is not the cause, just a symptom.

Good thing the American system seems to be still ostensibly working, eh?

You and I agree on one thing, Trump is not the cause but a symptom. A catalytic-for-worse symptom but not the root. As far as your statement about our system still working well, I disagree with you.

In 1998, Hugo Chavez was ELECTED president in Venezuela (much like Trump here) and people there then said (like you are saying) that their system was still working. The stark reality is that "no" the system was breaking down and the end result of that 26 years later is Maduro and a destroyed country. You do know that Maduro was Chavez's VP, don't you?

We have elected a felon, a patholical liar, a convicted sex offender, a conman, and a proven narcissist. You think that is a "system that is working well"?

 

[Luckyone]

Are these economists and Walmart talking about the impact of tariffs in the short or long term?
Think once.

Both. When Trump raised tariffs on China in 2017, this was the end result:

Clearly, the Trump administration’s trade policies were not successful. American deficits with China and the rest of the world were higher last year than they had been in over a decade.

Let me clarify one thing in a way that cannot be misunderstood. I am NOT AGAINST tariffs. Tariffs that are well done (taking into consideration all the factors and doing them right) do bring more benefits than negatives.

My contention ALL ALONG is that Trump is incompetent, makes big mistakes, and think he thinks knows it all and NEVER listens to others, meaning that when he does things badly, they never get fixed as he never acknowledges his mistakes (always blames others and that never fixes the problem).

What he has vowed to do this time around is the same identical mistake but actually increasing the mistake at least 3-fold. This means that the problems that were caused the first time around (not great but somewhat damaging to our economy) are about to be multiplied.

Again, I am NOT against tariffs. I am against Trump's tariffs. They are not well thought, they are impulsive, they do not provide any safety net and they will only do damage (not fix anything).

This has been proven to be true with the first not-well-thought-through 2017 tariffs that once again, he has not thought well through the ones he is going to do now.

I have to repeat myself on this OP. Walmart (who is not biased but is knowledgeable about costs, supply, and pricing) is saying this is going to happen. Why don't you open your eyes and ears and simply CONSIDER that fact and do some research on it?.................instead of blindly believing a liar, a narcissist and a proven incompetent person.

 

[Concerned American]

My contention ALL ALONG is that Trump is incompetent, makes big mistakes, and think he thinks knows it all and NEVER listens to others, meaning that when he does things badly, they never get fixed as he never acknowledges his mistakes (always blames others and that never fixes the problem).

His last admin was a RAGING SUCCESS, you must be confusing him with the current admin that has been one train wreck after another for four solid years. MAGA.

 

[0311]

My extreme case of TDS? Hahaha, this means that economists and even Walmart have higher extremes of TDS and my information comes from them, not from my own mind.

Execs at Walmart have already announced that for those like low goods at Walmart, any price in those goods will passed along shoppers at Walmart in the form of higher prices

Attention Walmart Shoppers, anyone of you who were brain dead enough to vote for 47, Karma is a cast iron bitch. You wanted lowers costs, not going to happen.

 

[BrokeLoser]

Both. When Trump raised tariffs on China in 2017, this was the end result:

Clearly, the Trump administration’s trade policies were not successful. American deficits with China and the rest of the world were higher last year than they had been in over a decade.

Let me clarify one thing in a way that cannot be misunderstood. I am NOT AGAINST tariffs. Tariffs that are well done (taking into consideration all the factors and doing them right) do bring more benefits than negatives.

My contention ALL ALONG is that Trump is incompetent, makes big mistakes, and think he thinks knows it all and NEVER listens to others, meaning that when he does things badly, they never get fixed as he never acknowledges his mistakes (always blames others and that never fixes the problem).

What he has vowed to do this time around is the same identical mistake but actually increasing the mistake at least 3-fold. This means that the problems that were caused the first time around (not great but somewhat damaging to our economy) are about to be multiplied.

Again, I am NOT against tariffs. I am against Trump's tariffs. They are not well thought, they are impulsive, they do not provide any safety net and they will only do damage (not fix anything).

This has been proven to be true with the first not-well-thought-through 2017 tariffs that once again, he has not thought well through the ones he is going to do now.

I have to repeat myself on this OP. Walmart (who is not biased but is knowledgeable about costs, supply, and pricing) is saying this is going to happen. Why don't you open your eyes and ears and simply CONSIDER that fact and do some research on it?.................instead of blindly believing a liar, a narcissist and a proven incompetent person.

After great consideration…The takeaway for me is “tariffs are effective as long as they aren’t Trumps idea” and “billionaires are incompetent” says the TDS’ing purple hair in cyberspace.