Trump's tariffs leading to welfare farming

Both my wife and I are retired military. In retirement we'll have - combined - 6 revenue streams***. That's without touching our 401k/IRA. Gross income decreases, but spendable income will actually be slightly higher, good news for standard of living.
Congratulations,
We're going to try leave the 401Ks/IRAs untouched as long as possible for Long Term Care needs - hopefully - far down the road. If we both pass suddenly, then that can go to the kids. WW
My wife was an RN, that is her recommendation as well. Long term care is expensive.
*** I actually ran the numbers. Because we have diversified revenue streams, 6 total, 2 of which are SS. A 25% decrease in SS cira 2034 because the Trust Fund gets exhausted and SS reverts to FICA only to pay benefits. That 25% reduction in SS will result in only a 7% decrease in Gross Income. Meaning we won't be happy, but it will not be catastrophic for us. We can tighten our belts over 7% and still will have the 401Ks/IRAs to fall back on.
I'm not throwing in the towel on "fixing" SS.
SS can be fixed several ways.
Raising/removing the cap.
Raising the retirement ages, etc.
Medicare will go bankrupt first, that also needs to be "fixed".
 
I disagree with that statement.
My son works for a foreign owned company. There are many foreign owned companies and franchises located in the US.

True. Tariffs on steel and aluminum do add to final costs. I agree that SOME of the input costs are increased by tariffs, even by US made goods. BUT, consumer prices for US made products are much less affected than for 100% foreign made goods.

Unless they buy US made products, which would pay much lower tariff costs.

US consumers will not pay 100% of tariffs. If the importers and manufacturers and merchandisers do not eat most of the tariffs their products will not sell.
If you have narrow margins there is a limit to what tariffs you can absorb.
In other news water is wet.
 
It would take an awfully high tariff rate to make the imported goods higher than what it costs to move manufacturing to the USA. The importers won't just move everything here at a huge cost of building factories, importing the equipment, finding the land and area where the population can support the factory production needs....factories in China are COLOSSAL in size, with very dense populations to support the worker needs to run the assembly line....for every one shoe factory in China, it would be at least 5 big factories here in America....that comes at a cost that will be compared and analyzed, up and down, and right and left by experts in the field until they've determined how all the numbers add up.... It won't be emotional decision making, they have stockholders that they answer to....it'll all be about profit and where the numbers lie.
Here is the WH version of new plants to be built in the US. We'll see how many actually happen.
It could be more beneficial to move their manufacturing out of China but in to Vietnam or South Korea or Indonesia or to a region much closer than the USA, with denser populations to support the workforce needed at still a much lower cost than packing up and moving back to the USA and very high labor costs.
True. This is happening.
What is WRONG with all of this for the Shoe industry is that they BEGGED THE US GOVT TO PUT TARIFFS on shoes imported from foreign countries like Hong Kong and China to help them keep their manufacturing here.....begged, begged, begged and begged...and the government REFUSED to help the shoe industry manufacturing HERE! Free trade. Free trade. Free trade. Is all we heard.
So, the US GOVT pushed the shoe manufacturing OUT of this Country and in to China....one by one....the New Balance family was able to work it out and stay, because it was a ONE person owner, and not a corporation with stock holders.
Political donations probably played a role in those tariff decisions...but maybe not.
Before Trump who was the "Tariff Czar"? I think congress was, so no one was. I don't ever recall a president try to "re-balance" the trade deficit. NEVER ATTRIBUTE MALICE WHEN IGNORANCE APPLIES.
AND NOW, 30-40 YEARS LATER you are putting tariffs, after we moved everything overseas and all of our factories and skilled workers are dead and gone? That's just utter bullshit!
As US labor costs rose, and union demands made US manufacturing uncompetitive, 12,000 US factories were moved to China to make low cost products for US consumers.I recently bought a "smart TV" made in China for $100 while a comparable SONY was $2,000. I'm not following your logic against tariffs??? We need more revenue to pay down that $37T debt. We also need to rebuild the US manufacturing base, especially the high tech stuff like NVIDIA chips.

Tariffs kill two birds with one stone, needed revenue, and strengthen US manufacturing.
 
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Here is the WH version of new plants to be built in the US. We'll see how many actually happen.

True. This is happening.

Political donations probably played a role in those tariff decisions...but maybe not.
Before Trump who was the "Tariff Czar"? I think congress was, so no one was. I don't ever recall a president try to "re-balance" the trade deficit.

As US labor costs rose, and union demands made US manufacturing uncompetitive, 12,000 US factories were moved to China to make low cost products for US consumers.I recently bought a "smart TV" made in China for $100 while a comparable SONY was $2,000. I'm not following your logic against tariffs??? We need more revenue to pay down that $37T debt. We also need to rebuild the US manufacturing base, especially the high tech stuff like NVIDIA chips.

Tariffs kill two birds with one stone, needed revenue, and strengthen US manufacturing.

We are going to have to pay the new factory workers alot lot more to make the same product here. Will ceos balk at that plus workers organizing?
 
Look, I have already explained to you. Those tariffs placed on American goods are RETALIATORY tariffs. I mean I understand, English is not your first language but you really should invest in a dictionary, or at least Google words you don't understand.

Until Trump came along, China did not have a tariff on American soybeans. But in his first administration he started a trade war with China and HE ******* LOST. Biden failed to negotiate the removal of those tariffs. Soybean farmers have now suffered through seven years of tariffs in China on their imports. They have lost billions of dollars in sales.


Seven years of tariffs on Chinese imports have led to retaliation and diminished U.S. exports to China that are conservatively worth $160 billion and as much as $201 billion, based on my analysis of U.S. Census Bureau data.

And no, Chinese citizens are not paying those tariffs. China is just not buying American soybeans. They get them from Brazil now. American farmers have probably lost the Chinese soybean market forever. And let me teach you a little something. I doubt you would know a soybean field if you drove by it. My family raised soybeans, hundreds of acres. It was a five crop in two years rotation. Spring corn, fall soybeans, winter wheat, spring soybeans, fall corn. And there is a reason for that. Soybeans actually put nitrogen back into the soil. It is a vital component to soil management.

You Trumpsters are so simple minded, and absolutely clueless. When Trump places a tariff on a country's imports sometimes, many times, they retaliate. Again, please look up the definition of that word. It appears you don't understand it. And no one in the Trump administration thought this shit through. When retaliatory tariffs are placed on American products it makes products from other countries more competitive. Like Brazil's soybeans. But hell, take something simple, like Kentucky bourbon, do you have any idea of how many distillers are declaring bankruptcy because they have lost their export market? Do you know how much Kentucky bourbon is sold in Toronto now? ******* ZERO. They refuse to buy.
Who imposed the tariffs? China.

Does Trump run China? Nope.

You lose again.
 
BS the problem farmers gas is the cost of gas which Biden made worse
How do you just make this crap up as you go along????
This "blame Biden for the cost of gas" bullshit, which is ridiculous on it's own, has ZERO to do with farmers all over the country speaking out about how Trump's trade war has destroyed the market for their harvest.
Geeez!
Try to keep up!
 
Trump, not chump. Biden and Harris were chumps.

Trump had a fantastic first 8-months. You're welcome.
It is amazing how they stick to the left wing orthodoxy no matter what.
 
How do you just make this crap up as you go along????
This "blame Biden for the cost of gas" bullshit, which is ridiculous on it's own, has ZERO to do with farmers all over the country speaking out about how Trump's trade war has destroyed the market for their harvest.
Geeez!
Try to keep up!
Biden Fd up our energy production. Gas is the major cost in farming. Tariffs have nothing to do with domestic food production.
 
Yeah, the tariffs other countries have, Moron.

Trump doesn’t set those.

THREAD FAIL!
Hey moron, are you familiar with a concept called cause and effect?
Look it up.
Here's how it works. Trump imposes a high tariff on the goods entering our country from one of our trading partners....so then that trading partner imposes it's own, high RECIPRICAL TARIFF on U.S. goods. This results in trading partners abandoning expensive U.S. goods and making deals to get those goids somewhere else, for example corn and soybeans from Brazil, beef from Argentina, and, in the case of India, oil from Russia instead of the U.S.

Why do you even bother trying to sound knowlegeable about stuff? Don't you ever get tired of failing and being such a collossal LOSER?
 
Hey moron, are you familiar with a concept called cause and effect?
Look it up.
Here's how it works. Trump imposes a high tariff on the goods entering our country from one of our trading partners....so then that trading partner imposes it's own, high RECIPRICAL TARIFF on U.S. goods. This results in trading partners abandoning expensive U.S. goods and making deals to get those goids somewhere else, for example corn and soybeans from Brazil, beef from Argentina, and, in the case of India, oil from Russia instead of the U.S.

Why do you even bother trying to sound knowlegeable about stuff? Don't you ever get tired of failing and being such a collossal LOSER?
Inflation is stable, wages are up taxes down spending power is up. We dont need to export but most countries have to export to America. We are the largest economy in the world and their economies depend on exports to America. They need us ewe dont need them. They will pay fir the privilege. Manufacturers will pay the tariffs because they must sell but consumers dont have to buy. Tariffs will bring in 1 trillion a year and pay off the deficit in 2 years. Trump has leverage and knows how to use it
 
The ag policy I recommend is to stop all subsidies. That means areas not prime for the current subsidised/insured crops have to diversify away into another yield that has a market.

You can ***** about it all you like and do it, or you can pay to keep farmers squatting on the land.
My post makes better sense

Every country I am aware of subsides their farmers for the sake of food security

Maybe we do it stupidly

But that's a different issue
Hey moron, are you familiar with a concept called cause and effect?
Look it up.
Here's how it works. Trump imposes a high tariff on the goods entering our country from one of our trading partners....so then that trading partner imposes it's own, high RECIPRICAL TARIFF on U.S. goods. This results in trading partners abandoning expensive U.S. goods and making deals to get those goids somewhere else, for example corn and soybeans from Brazil, beef from Argentina, and, in the case of India, oil from Russia instead of the U.S.

Why do you even bother trying to sound knowlegeable about stuff? Don't you ever get tired of failing and being such a collossal LOSER?
i know that the Trump tariffs cause higher prices for US consumers

But if they lead to more manufacturing within the US they are worth it
 
Hey moron, are you familiar with a concept called cause and effect?
Look it up.
Here's how it works. Trump imposes a high tariff on the goods entering our country from one of our trading partners....so then that trading partner imposes it's own, high RECIPRICAL TARIFF on U.S. goods. This results in trading partners abandoning expensive U.S. goods and making deals to get those goids somewhere else, for example corn and soybeans from Brazil, beef from Argentina, and, in the case of India, oil from Russia instead of the U.S.

Why do you even bother trying to sound knowlegeable about stuff? Don't you ever get tired of failing and being such a collossal LOSER?
You seem to be forgetting, that our tariffs are the reciprical ones.
 
Trump, not chump. Biden and Harris were chumps.

Trump had a fantastic first 8-months. You're welcome.
And that wooshing sound you're hearing are the Chumps coming home to roost.
 
Every country I am aware of subsides their farmers for the sake of food security
You're not aware of much, are you?

That was rhetorical, the answer's demonstrated every day, especially when you dismiss information given to you.
 
15th post
BS the problem farmers gas is the cost of gas which Biden made worse
Farmers use diesel. But they also use fertilizer, some times it is 30% of their input costs, much higher than the cost of fuel.

 
Farmers use diesel. But they also use fertilizer, some times it is 30% of their input costs, much higher than the cost of fuel.

Its not tariffs. Its Bidenflation poor energy policies EPA regulations and too much government
 
The chickens are coming home to roost across the heartland of America. As harvest season approaches, our farmers, many of them Trump voters, are looking at a nonexistent market for their crops, especially corn and soybeans as a result of Trump's self imposed trade war.
There is moneÿ built into the budget bill to provide assistance (welfare) to farmers to compensate for the lost revenue from the crops they can't sell so that may save some from bankruptcy. Still, here we go with another case of Trump's rhetoric about "making America Great Again" not matching the reality of the results of his incompetent policies.

Tariffs are hurting farmers

Brown said one issue that rounds out all the problems farmers are facing: tariffs.

“I think the tariffs are the ice cream on the cake of a perfect storm,” said Brown. “When you try and sell a product, okay, U.S. soybeans leaving New Orleans without the tariff to China are cheaper than Brazilian soybeans, at the current market. But when you put the tariff on top of them, Brazilian beans are cheaper.”

What can be done to help farmers?

“In the short term, they have no choice but to mail us a check,” said Brown. “I don’t know a farmer that likes the check program. Nobody wants to take the taxpayer dollars, but nobody wants to go broke, nobody wants to lose everything. Long term, we have to have options, markets, and places to sell our product.”



U.S. producers of corn and soybeans have sent dire warnings as prices for their crops have crashed in recent years while President Donald Trump’s trade war whipsaws farmers.

On Thursday, the National Corn Growers Association raised alarms about “the economic crisis hitting rural America, as commodity prices drop at a time when input costs remain at near-record highs.”

Corn prices have plunged more than 50% from their 2022 peak, while production costs are down just 3% in that span, translating to a loss of 85 cents per bushel, the NCGA said, adding that the outlook for next year is worse with even lower prices and higher costs.

The NCGA called on Congress and the Trump administration to boost demand, including via higher blends of ethanol and increased foreign market access.

A week before that, the American Soybean Association sent a letter to Trump, warning that “U.S. soybean farmers are standing at a trade and financial precipice.”


There are a lot of things that Trump does or says that I don't agree with but until you clowns can come up with someone to vote for who agrees with most of my values and knows the difference between a man and a woman, MAGA gets my vote.
 

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