Trump doesn't want to put tariffs on China now.... after taking Musk's money...

[wamose]

More fantasyland bullshit from the Democrat peanut gallery.

 

[Care4all]

The new Soros times 250 million plus....and a home in Mara Lago for direct access. Geez, can you guys be any bigger hypocrites?

 

[BluesLegend]

Is Musk starting to gain a measure of control over Trump?

LMAO, have you met Trump? Nobody controls him just relax.

 

[Moonglow]

More fantasyland bullshit from the Democrat peanut gallery.

More denial than a meth addict^^

 

[Moonglow]

LMAO, have you met Trump? Nobody controls him just relax.

Money controls Trump, it is his master.

 

[Oddball]

 

[SeaMajor7]

The Narrative du jour.

 

[BluesLegend]

Money controls Trump, it is his master.

Meh, Trump just has to wait for idiot Dems to attack him, then he figures out how to make billions off that!

 

[BluesLegend]

The Narrative du jour.

Meanwhile Kamala is begging Hillary for advice while looking for a new job and Carville says nobody wants to hear from Biden anymore.

 

[Oddball]

The new Soros times 250 million plus....and a home in Mara Lago for direct access. Geez, can you guys be any bigger hypocrites?

I thought Soros was just a "conspiracy theory".

 

[Blaster]

The new Soros times 250 million plus....and a home in Mara Lago for direct access. Geez, can you guys be any bigger hypocrites?

Only Melania has control over Donald Trump.

 

[imawhosure]

Money controls Trump, it is his master.

Actually Moony, that would be Biden. How much did his family get with zero investment-)

 

[Moonglow]

Actually Moony, that would be Biden. How much did his family get with zero investment-)

The Bidens are gone, get a grip.

 

[imawhosure]

The Bidens are gone, get a grip.

But not forgotten, just like Nixon. If you don't remember or learn from past mistakes, you are bound to commit them again!

 

[Moonglow]

But not forgotten, just like Nixon. If you don't remember or learn from past mistakes, you are bound to commit them again!

I have yet to burglarize a hotel suite at the Watergate Inn.

 

[Ace Nova]

GREED.

Yes, it would.
If didn't, WHY would Trump implement them?

In most cases, Tariffs are created in order to balance out trade deficits between nations. For example, the US runs around a 300 billion dollar trade deficit with China. Everything we export and sell to China vs everything they export and sell to us. They sell and export 300 billion more dollars worth of trade than we sell/export to them.

Tariffs can result in several things happening. A 10% tariff would be around 40 billion dollars in tax revenue. Depending what you're wanting to accomplish, that money could be used as tax incentives for US businesses to rely more on domestic products vs Chinese imports. At the same time, it increases the cost of Chinese goods - further closing the gap for US companies to produce or acquire domestic goods vs imports.

Now this looks "ok" in theory but usually takes years and years to accomplish in practice. The idea is that it forces China to "come to the table" and "play ball". China has a "free market" but they are still "authoritarian" and communist to an extent. China only "negotiates" if they feel it would help "China". Tariffs would be an incentive for China to negotiate. (Because if they don't, they could risk losing US businesses, etc so negotiating would "help China")

So no, China (most likely) would not risk losing US businesses because of tariffs. They would likely take at least "some of the hit" and hopefully negotiate better trade deals, etc with the US.

Now if Trump is reconsidering Chinese Tariffs, it most likely has to do with the fact that the "threat of tariffs" has already brought China to the table. Chinese leadership knows that Trump means business so when he threatened tariffs, they likely reached out in some form. I wouldn't be surprised if we see a meeting of some sort, sometime in the not so distant future. And if we don't, good chance we start hearing about "Chinese Tariffs" again.

It has nothing to do with "Elon Musk trying to save his 'buddy China'. China doesn't "need to be saved" from anything. Even if tariffs went through, it's still only a "drop in the bucket" in the grand scheme of things.

 

[imawhosure]

I have yet to burglarize a hotel suite at the Watergate Inn.

Me either, were it us, we would have been in jail for YEARS. I also didn't get any cash from China or Ukraine; and I am sure if I did, I would NOT have gotten a Presidential pardon-) So is the lot in life of regular folks.

 

[Luckyone]

Only Melania has control over Donald Trump.

from 60% to 0% increase with Musk having big interests in China and you think he had nothing to do with that? You are blind-by-choice

 

[Nuthin' Fancy]

In most cases, Tariffs are created in order to balance out trade deficits between nations. For example, the US runs around a 300 billion dollar trade deficit with China. Everything we export and sell to China vs everything they export and sell to us. They sell and export 300 billion more dollars worth of trade than we sell/export to them.

Tariffs can result in several things happening. A 10% tariff would be around 40 billion dollars in tax revenue. Depending what you're wanting to accomplish, that money could be used as tax incentives for US businesses to rely more on domestic products vs Chinese imports. At the same time, it increases the cost of Chinese goods - further closing the gap for US companies to produce or acquire domestic goods vs imports.

Now this looks "ok" in theory but usually takes years and years to accomplish in practice. The idea is that it forces China to "come to the table" and "play ball". China has a "free market" but they are still "authoritarian" and communist to an extent. China only "negotiates" if they feel it would help "China". Tariffs would be an incentive for China to negotiate. (Because if they don't, they could risk losing US businesses, etc so negotiating would "help China")

So no, China (most likely) would not risk losing US businesses because of tariffs. They would likely take at least "some of the hit" and hopefully negotiate better trade deals, etc with the US.

Now if Trump is reconsidering Chinese Tariffs, it most likely has to do with the fact that the "threat of tariffs" has already brought China to the table. Chinese leadership knows that Trump means business so when he threatened tariffs, they likely reached out in some form. I wouldn't be surprised if we see a meeting of some sort, sometime in the not so distant future. And if we don't, good chance we start hearing about "Chinese Tariffs" again.

It has nothing to do with "Elon Musk trying to save his 'buddy China'. China doesn't "need to be saved" from anything. Even if tariffs went through, it's still only a "drop in the bucket" in the grand scheme of things.

Drop in the bucket?

Then why does Trump want to implement them?

 

[JackOfNoTrades]

Is Musk starting to gain a measure of control over Trump?

Out this morning:

Trump Would ‘Rather Not’ Put Tariffs on China, Maintains Threat​

Yesterday he was talking about 10% tariffs on China but today he is considering no tariffs? Yet, tariffs are still "heaven" to him as he did state on Wednesday that he was imposing a 25% tariffs on Canada and Mexico.

So why the turnaround on China, especially when he mentioned raising tariffs on China by 60% just 2 months ago?

Can it be he is listening (and doing) what Musk wants?

View attachment 1069971

Well, that kinda went out the window when Musk was cut out of a 500 billion dollar deal for AI driven datacenters.
So..not much control there. And, it's really embarrassing when you get cut out in favor of a technology company that hasn't been relevant in two decades.