The conservative think tank AEI says the tariff formula makes no sense -- AND a math error made the numbers even worse.

[Correll]

You said lefties. CEOs are not lefties.

Michigan economy already getting hit.

https://www.wsj.com/economy/the-first-victim-of-trumps-trade-war-michigans-economy-ea6ff8b2

My point was about the response from lefties when discussing the issue.

Clearly.

You are playing dumb, to avoid addressing the fact that I just proved your previous point to be shit talk.


ie your claim that we needed or did? more nuanced policy instead of this.


The choice was between MAGA, doing it like this, or your side, just letting the US workers get fucked.


That is the reality of the situation.


YOu want to address that, or talk more shit?

 

[Zincwarrior]

My point was about the response from lefties when discussing the issue.

Clearly.

You are playing dumb, to avoid addressing the fact that I just proved your previous point to be shit talk.


ie your claim that we needed or did? more nuanced policy instead of this.


The choice was between MAGA, doing it like this, or your side, just letting the US workers get fucked.


That is the reality of the situation.


YOu want to address that, or talk more shit?

Trump advisors feud with each other over tariffs as U.S. markets tank: Live updates​

https://www.cnbc.com/2025/04/07/trump-tariffs-live-updates-stock-market-crypto.html

 

[TimFitz]

Trump is crashing the economy and won’t know how to fix it.

There is no plan.

 

[Hum Dinger]

‘The formula for the tariffs, originally credited to the Council of Economic Advisers and published by the Office of the United States Trade Representative, does not make economic sense. The trade deficit with a given country is not determined only by tariffs and non-tariff trade barriers, but also by international capital flows, supply chains, comparative advantage, geography, etc.

But even if one were to take the Trump Administration’s tariff formula seriously, it makes an error that inflates the tariffs assumed to be levied by foreign countries four-fold. As a result, the “reciprocal” tariffs imposed by President Trump are highly inflated as well.’

President Trump’s Tariff Formula Makes No Economic Sense. It’s Also Based on an Error.

President Trump on Wednesday announced tariffs on practically every foreign country (and some non-countries), ranging from a 10 percent minimum all the way up to 50 percent. He described the tariffs as reciprocal; however, they are nothing of the sort.

www.aei.org

A failed Trump ‘administration’ of incompetence and blind stupidity.

Further proof Trump is unfit to be president.

These tariffs constitute a blockade of the U.S. economy. Thier intention, like any blockade, is to destroy the country's economy.

Any other purpose cited by the MAGA Idiots is pure BULLSHIT.

Treason is as Treason does!

Putin must be ROFLHAO.

 

[Correll]

Trump advisors feud with each other over tariffs as U.S. markets tank: Live updates​

https://www.cnbc.com/2025/04/07/trump-tariffs-live-updates-stock-market-crypto.html

sorry, that doesn't make any sense to me. THe link was garbage.


So, you giving up?

 

[Zincwarrior]

There is no plan.

Rumor on Bloomberg that Trump is announcing a 90 hold on tariffs for every everyone but China.

 

[struth]

MAGA lies. There have been generations of growth and we’ve led the way. MAGA needs to quit blaming their personal problems on others.

Nope there has been generational decline in rust belt cities

 

[bendog]

Don't care on any level.

gee coral deflects from your thread. wonder why. lol

 

[Correll]

gee coral deflects from your thread. wonder why. lol

No deflection. I'm just not concerned about FAIRNESS for our trading partners.

FUCK THEM.

 

[TimFitz]

That's rich. YOu lefties are the ones that refuse to engage in serious discussion.





Globalization has led to the hollowing out of our manufacturing base and our workign class and suppressed wages.


I want to reverse that, as much as reasonably possible.


I am prepared to pay a bit more for goods. Personally I think the cheap and easy consumption model is not really that good of an idea.


I expect that wages overall, especially at the lower end, WILL go up.

It’s hard to take right wing fantasies seriously.

As I noted, just about the only economist that thinks this is anything but a disasterous policy is the one whispering in Trump’s ear, Peter Navarro (who helped sell the Jan 6th insurrection plot.)

Predicted retaliatory tarrifs have already begun, more are expected.

Historically, punative tarrifs and trade restriction have always resulted in higher prices for middle class customers.

Industries in countries that have high protective tarrifs always raise their own prices. Always.

I have no idea what you base your claim that wages will rise.

That typically does not happen in recessions.

Not even self inflicted one’s.

 

[Correll]

It’s hard to take right wing fantasies seriously.

As I noted, just about the only economist that thinks this is anything but a disasterous policy is the one whispering in Trump’s ear, Peter Navarro (who helped sell the Jan 6th insurrection plot.)

The economists are the ones that said that globalism would deliver benefits to the us workers. THey were wrong.

I've heard nothing to show that they have learned from that. So, their words have no value.

Predicted retaliatory tarrifs have already begun, more are expected.

Historically, punative tarrifs and trade restriction have always resulted in higher prices for middle class customers.

Industries in countries that have high protective tarrifs always raise their own prices. Always.

I already stated that I am prepared for higher prices and that I think that that is an acceptable price to pay, and maybe better the cheap consumption anyways.

Did you miss that? Are you able to hear me?

I have no idea what you base your claim that wages will rise.

Really? YOu can't make the connection? ODD.

Question. IF the only result of tariffs is prices rising for our consumers, then why are our trading partners upset? Why are they DOING anythign, other than sitting in their rich offices patting themselves on their backs while we fuck up?

 

[TimFitz]

Trade was always there. You really missed that?

That’s true. Trump began dropping hints of adopting a Nineteenth Century reactionary trade policy, and even telling his sheep that they will suffer for it.

Then he assured the same audience that this suffering will be short term.

There is no evidence whatsoever that Trump has any sort of plan for dealing with the effects of his trade wars. But that is typical of Trump.

 

[Correll]

That’s true. Trump began dropping hints of adopting a Nineteenth Century reactionary trade policy, and even telling his sheep that they will suffer for it.

Then he assured the same audience that this suffering will be short term.

There is no evidence whatsoever that Trump has any sort of plan for dealing with the effects of his trade wars. But that is typical of Trump.

Your spin removed, you agree wiht my point, TRADE was always there in the platform all the way back to 2015.


So, pretending otherwise is a stupid tactic.


Hey, question. IF this is a bad idea, why are our trade partners so upset?

 

[TimFitz]

The economists are the ones that said that globalism would deliver benefits to the us workers. THey were wrong.

Actually, that is not true. By offloading high cost, low margin industries and importing them Americans saw the real cost of mst consumer goods to drop considerably. Thish helped mask the fact that the middle class’ wages and share of GDF was falling.

I've heard nothing to show that they have learned from that. So, their words have no value.

Dismiss eveyone but the crack[ot and the President with a sixth grade mind!

I already stated that I am prepared for higher prices and that I think that that is an acceptable price to pay, and maybe better the cheap consumption anyways.

What are you going to be saying when no one shares you willingness to do without?

Did you miss that? Are you able to hear me?

It isn’t going to happen.

Really? YOu can't make the connection? ODD.

Question. IF the only result of tariffs is prices rising for our consumers, then why are our trading partners upset? Why are they DOING anythign, other than sitting in their rich offices patting themselves on their backs while we fuck up?

Because we are fucking up.

 

[Correll]

Actually, that is not true. By offloading high cost, low margin industries and importing them Americans saw the real cost of mst consumer goods to drop considerably. Thish helped mask the fact that the middle class’ wages and share of GDF was falling.

Err, maybe to you. We saw it fine. And we still do. The economists were talking shit, but they were only fooling the people that wanted to be fooled.

Dismiss eveyone but the crack[ot and the President with a sixth grade mind!

I dismiss people who are defending a policy that did not do what they said, and who have not adapted their words or ideas to the reality of that failure.

So....yeah.

What are you going to be saying when no one shares you willingness to do without?

"do without"? LOL. You realize that you are arguing FOR cheap shit made with cheap labor, without safety or environmental protections, as a way of life, as policy that you WANT.

yeah, I think people will be on my side on this.

Did you miss that? Are you able to hear me?

It isn’t going to happen.


Because we are fucking up.

If we are "fucking up" and it will ONLY raise prices for US, with no other effect, then why are our trading partners so upset?

 

[konradv]

Nope there has been generational decline in rust belt cities

The jobs aren’t coming back. Got to look to the future.

 

[Correll]

The jobs aren’t coming back. Got to look to the future.

Some of them might. Enough to make a difference.

 

[konradv]

Some of them might. Enough to make a difference.

There is that plant Biden got started in ‘23.

 

[Correll]

There is that plant Biden got started in ‘23.

Long before that point, the constant hate and hostility I get from libs, turned me completely off from all dems.

So, I didn't really pay much attention to what Bidne did or didn't do.

Even if he did some limited thing right, it really doesn't matter to me. THe dem party, the left, clearly hate me and mine, so a few minor... wins? or good turns? just don't matter any more.


I know that the end game is the end of me, to you people. So... just to be clear.

 

[struth]

The jobs aren’t coming back. Got to look to the future.

Oh, so now you admit you were wrong...gotcha