Tariff primer

As long as it in our nation and there are plenty of potential opportunities of employment still and servicing those robots.
Right and it will be great spending $300 on a pair of sneakers won’t it? Hip hip horray!!
 
Trump's talking about what's not happened yet not what's happening.

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You continue to talk about what's not happening.

I quoted Trump talking about real time, the roll out of the tariffs.

Yes, prices of some goods might go up in the short run, that's not a secret, or a surprise.
 
I posted a table showing all countries tarrifs. Vietnam was high. Trump reverse tarriffs are only 1/3 to 1/2 of most other countries. We have room to increase on them.
The table is false.
 
No, he's not, he never claimed they did. He used a very transparent forumla to determine what rate we will use to make our recepitical tariff.
People didn’t read the formula. They were misled by Trump’s dishonest statements. This whole policy is fundamentally dishonest.
 
Trump's talking about what's not happened yet not what's happening.

That analogy "a patient gets operated on" sounds rather a lot like a fantasy to me, he also omits to talk about the patient dying.

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Trumps earned the right to predict the future. You have not. You are always wrong, he is alway proven right in the end.//
 
Trumps earned the right to predict the future. You have not. You are always wrong, he is alway proven right in the end.//
Didn’t Trump predict the market would crash under Biden?
 
You continue to talk about what's not happening.

Yes, we were discussing the future until you became confused.

I quoted Trump talking about real time, the roll out of the tariffs.

Yes, because you don't want to talk about Trump's predictions for the future, what's not happened yet:

The markets are going to boom, the stock (market) is going to boom, the country is going to boom and the rest of the world wants to see is there any way they can make a deal.

He just doesn't seem to know when, perhaps you do?

Yes, prices of some goods might go up in the short run, that's not a secret, or a surprise.

There you go, talking about the future again...
 
The table is false.

Vietnam at 90% level on USA goods. looks realistic?

 
Funny that, I can't find a picture anywhere of Ramge doing this, but who needs evidence eh :auiqs.jpg:

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Oskar Schindler was a German too if I recall.
That's ok, your stooges do it way better:
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The stock market tanked in 2018. Tariffs are good for the US economy because they change the math for domestic production, and the primary, secondary, and tertiary effects of producing in the US are great for employment, tax receipts, household incomes, etc. But tariffs are not good for the S&P 500. Stocks got hit last time.

The reason why tariffs can hit stocks is because tariffs are a direct tax on Corporate America’s gross profit margins on imported goods.

But even for the S&P 500, new tariffs are just a one-time hit. So if the new tariffs cause a company’s gross profit margins to decline from 20% to 19% in 2025-2026, that’s it; they would not decline every year, but just once after tariffs are implemented, and then remain stable.

It’s not the end of the world for stocks. Crazy overvaluation is a far bigger problem for stocks. In 2018, QT-1 was also beginning to bite, and the Fed was nudging up its policy rates at snail’s pace. A mix of things came together in 2018, and the S&P 500 tanked 20%. But it didn’t last long.


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People didn’t read the formula. They were misled by Trump’s dishonest statements. This whole policy is fundamentally dishonest.
Trump's statements were dishonest, they were based on the formula, that's transparent, and open for anyone to see. The fact you were so uninformed on the issue isn't Trump's fault.


What's dishonest about the forumla the Office of the United State Trade Representatives use? I get that dems are at war with science, but now you are saying math is dishonest....geez.....

Basic Approach

Consider an environment in which the U.S. levies a tariff of rate τ_i on country i and ∆τ_i reflects the change in the tariff rate. Let ε<0 represent the elasticity of imports with respect to import prices, let φ>0 represent the passthrough from tariffs to import prices, let m_i>0 represent total imports from country i, and let x_i>0 represent total exports. Then the decrease in imports due to a change in tariffs equals ∆τ_i*ε*φ*m_i<0. Assuming that offsetting exchange rate and general equilibrium effects are small enough to be ignored, the reciprocal tariff that results in a bilateral trade balance of zero satisfies:

Screenshot%202025-04-02%20200501.png
 
Yes, we were discussing the future until you became confused.



Yes, because you don't want to talk about Trump's predictions for the future, what's not happened yet:



He just doesn't seem to know when, perhaps you do?



There you go, talking about the future again...
1) I was never talking about the future, I am talking about reality. I have no idea what the future holds.
2) I don't want to talk about your predictions either, we can talk about reality.
3) a few months
4) correct, that's and open secret, some prices on some good might go up in the short term.
 
I saw no American cars, few products in 2002 working 5 weeks in Korea. Tariffs (they called it duty) price USA out. Even Catipillar was not easily visible. Elevators were Korean?
 
Trump's statements were dishonest, they were based on the formula, that's transparent, and open for anyone to see. The fact you were so uninformed on the issue isn't Trump's fault.


What's dishonest about the forumla the Office of the United State Trade Representatives use? I get that dems are at war with science, but now you are saying math is dishonest....geez.....

Basic Approach

Consider an environment in which the U.S. levies a tariff of rate τ_i on country i and ∆τ_i reflects the change in the tariff rate. Let ε<0 represent the elasticity of imports with respect to import prices, let φ>0 represent the passthrough from tariffs to import prices, let m_i>0 represent total imports from country i, and let x_i>0 represent total exports. Then the decrease in imports due to a change in tariffs equals ∆τ_i*ε*φ*m_i<0. Assuming that offsetting exchange rate and general equilibrium effects are small enough to be ignored, the reciprocal tariff that results in a bilateral trade balance of zero satisfies:

Screenshot%202025-04-02%20200501.png
Calling it a tariff is very dishonest. It’s gibberish intended to mislead simple minded and low information MAGAs.
 
Calling it a tariff is very dishonest. It’s gibberish intended to mislead simple minded and low information MAGAs.
why? what else would you call it?

I get you are very confused.
 
Someone has to design, test, QA, market, sell, deliver, install, maintain, program, upgrade and operate all the robots. Flat earthers were screaming about the ATM killing bank tellers in the early 80s’. Hope that helps.
Over time, the spread of automated teller machines (ATMs), the rise of online and mobile banking, and the formation of nonbank sources of credit and transaction services have reduced customers' day-to-day dependence on physical offices.

brick-and-mortar banking is "on it's way out" :abgg2q.jpg:
 
I saw no American cars, few products in 2002 working 5 weeks in Korea. Tariffs (they called it duty) price USA out. Even Catipillar was not easily visible. Elevators were Korean?
Do you think there aren’t many American cars in Korea because of tariffs?
 
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