What Do You Think About The Trump Tariffs?

[Mr Natural]

They don't make vehicles as good as they used to. I see vehicles from the 40s, 50s, and 60s on the road working fine. But a 2016 Nissan my stepfather has broken down three or four times. And he had it for only THREE YEARS.

Bullshit!

It’s not unusual for cars these days to go 200,000 miles provided they’re maintained.

Back in the old days, 60,000 miles and they were pretty much done for.

 

[Aldo Raine]

I think that they're a good thing and I don't think that they will rekindle inflation like this article talks about if America gets motivated to start making their own products again? I shop on Amazon all the time and I always avoid all products saying that they're being shipped out of China because they're in such poor quality.

China issues warning to Donald Trump

This development marks the opening salvo in an escalating rivalry that has simmered since the trade war began under the Trump administration.

www.newsweek.com

I say get it done and watch it all burn!
MAGA

 

[AZrailwhale]

They don't make vehicles as good as they used to. I see vehicles from the 40s, 50s, and 60s on the road working fine. But a 2016 Nissan my stepfather has broken down three or four times. And he had it for only THREE YEARS.

You obviously don’t remember old cars the way I do. A car was worn out at fifty thousand miles. If you lived in the north or north central US they rusted away long before that. It wasn’t called the rust belt for nothing. The cars you see from the forties, fifties and sixties have been restored or have barely been driven over the years and are collectors toys.

 

[Mr Natural]

You obviously don’t remember old cars the way I do. A car was worn out at fifty thousand miles. If you lived in the north or north central US they rusted away long before that. It wasn’t called the rust belt for nothing. The cars you see from the forties, fifties and sixties have been restored or have barely been driven over the years and are collectors toys.

You were lucky if you got four years out of a car back then.

 

[task0778]

The only thing a tariff does is raise the price on imported products and materials. Folks, that is inflationary cuz all you did is raise the price without an increase in productivity. The degree of inflation is debatable, depends on the size of the tariff. BUT it is inflationary and the thing is this: the foreign countries adversely affected by a tariff will reciprocate, one way or another. It's not unilateral, there ARE consequences beyond just the tariffed products. So - tariffs do 2 bad things, they raise prices on the tariffed items and they reduce exports of something else to the targeted countries. Which BTW does not help diplomatically either.

You know who gets hurt the worst from tariffs? American consumers who can least afford those higher prices. AND American businesses who are negatively impacted from the blowback when the foreign countries respond by cutting off or reducing our exports to them. That means fewer jobs. Again, the impact is unknown but it's just another way for the gov't to play winners and losers instead of letting the market do it.

 

[beagle9]

The only thing a tariff does is raise the price on imported products and materials. Folks, that is inflationary cuz all you did is raise the price without an increase in productivity. The degree of inflation is debatable, depends on the size of the tariff. BUT it is inflationary and the thing is this: the foreign countries adversely affected by a tariff will reciprocate, one way or another. It's not unilateral, there ARE consequences beyond just the tariffed products. So - tariffs do 2 bad things, they raise prices on the tariffed items and they reduce exports of something else to the targeted countries. Which BTW does not help diplomatically either.

You know who gets hurt the worst from tariffs? American consumers who can least afford those higher prices. AND American businesses who are negatively impacted from the blowback when the foreign countries respond by cutting off or reducing our exports to them. That means fewer jobs. Again, the impact is unknown but it's just another way for the gov't to play winners and losers instead of letting the market do it.

As if tariffs are contemplated with no back up plan... rotflmbo

The back up plan is to lift all boat's here so the effect of the tariff will do exactly what it's goal is intended to do, and that is to gain progress in fairness and trade with countries that have been getting away (having insider help), with too much when it comes to our trade balances, policies and etcetera.

 

[psikeyhackr]

Bullshit!

It’s not unusual for cars these days to go 200,000 miles provided they’re maintained.

Back in the old days, 60,000 miles and they were pretty much done for.

In 1938 engineers with slide rules began work on a new plane. It became the first US military plane to do 400 mph, the P-38 Lightning.

In 1964 the SR-71 Blackbird was doing 2000 mph.

The issue is the level of engineering knowledge and what they choose to manufacture. And of course how dumb the consumers are.

Where is the Bathtub Curve data?

The Laws of Physics do not change style year after year. Where is the data on the annual depreciation of automobiles since Sputnik?

 

[task0778]

As if tariffs are contemplated with no back up plan... rotflmbo

The back up plan is to lift all boat's here so the effect of the tariff will do exactly what it's goal is intended to do, and that is to gain progress in fairness and trade with countries that have been getting away (having insider help), with too much when it comes to our trade balances, policies and etcetera.

I don't where you get the idea that tariffs will lift all boats, that is patently ridiculous. Surely you realize that while tariffs will benefit some affected industries it will be at the expense of consumers will have to pay higher prices for the same damn thing. Say China exports $10 shirts to us while US shirts made here cost $15 thanks to higher labor costs. So, we put a $5 tariff on the China shirts to even it out, right? Except who pays that extra $5 for a shirt, regardless of where it came from? US consumers that's who, and that's called inflation, dude. Plus, consumers now have $5 less to spend on something else, which translates into a lower standard of living. And on top of that, there is always a push back from the affected foreign countries that will hurt other US industries and their consumers. This is how trade wars start, and nobody wins in a trade war.

 

[beagle9]

I don't where you get the idea that tariffs will lift all boats, that is patently ridiculous. Surely you realize that while tariffs will benefit some affected industries it will be at the expense of consumers will have to pay higher prices for the same damn thing. Say China exports $10 shirts to us while US shirts made here cost $15 thanks to higher labor costs. So, we put a $5 tariff on the China shirts to even it out, right? Except who pays that extra $5 for a shirt, regardless of where it came from? US consumers that's who, and that's called inflation, dude. Plus, consumers now have $5 less to spend on something else, which translates into a lower standard of living. And on top of that, there is always a push back from the affected foreign countries that will hurt other US industries and their consumers. This is how trade wars start, and nobody wins in a trade war.

What you don't understand is that in order to stop long term abuse, we must use the tool's we have in the tool box for such challenges. Of course the management of this nation under any such usage of such a thing in order to bring about positive results is crucial. It's easy to just let things go unchecked and not fixed while ignoring the serious abuses that are taking place while we selfishly get what we want. We must protect our long term security, our farm lands, our natural resources, our rights, our freedom's, our interest in humanitarian worth that is found or created for people all over the world, our progress and our innovation. All one has to do is look back to the 1950s in order to see how it was suppose to work for we the citizen's and we the government combined not separated. We are supposed to protect each other and work together to strengthen and empower this nation. In this we are to become a beacon of light for the rest of the world to marvel at, and it to gain hope from.

What we have turned into over the year's is evident, and some folk's have been genius at telling the story.

Fight it all we want, but look around you and start to assess the situation before you want to go any deeper than we've already gone. Disregarding the fact that other nation's are abusing their citizen's in order to keep you living in the overrun of cheap goods and services is amazing. Undoing the damage comes at a cost, but if managed correctly we will survive it in order for our future generations to hopefully have what we once had so many year's ago.

 

[Ringo]

Imagined
The U.S. imposes a 100% duty on China.
Half of the goods in the U.S. are made in China.
Consumers will thank Trump, right?
It's a bluff.
The BRICS countries supply too much, and intra-BRICS trade is not bad.
The loss of the US market is painful but not fatal, but the loss of BRICS suppliers is more serious.
Trump has shown from the get-go that he understands nothing about the situation. BRICS is not going to introduce its own currency, because BRICS is a new UN for countries with their own currency zones. BRICS will have several currencies and a clearing system of settlements.

 

[beagle9]

Imagined
The U.S. imposes a 100% duty on China.
Half of the goods in the U.S. are made in China.
Consumers will thank Trump, right?
It's a bluff.
The BRICS countries supply too much, and intra-BRICS trade is not bad.
The loss of the US market is painful but not fatal, but the loss of BRICS suppliers is more serious.
Trump has shown from the get-go that he understands nothing about the situation. BRICS is not going to introduce its own currency, because BRICS is a new UN for countries with their own currency zones. BRICS will have several currencies and a clearing system of settlements.

Trump knows and understands what he is doing, and he knows what the people want after being screwed over so bad by the Democrat's. The only thing I want Trump to do this time is to watch his back, and to watch out for the undermining effect that will begin when certain circles begin to feel a little uneasy in the situation. I want him to be especially careful when dealing harshly with foreign actor's that were intent on watching this nation crumble within, and all due to bad actor's getting their bread extra buttered while the rest of the nation crumbled like burnt toast.

 

[task0778]

What you don't understand is that in order to stop long term abuse, we must use the tool's we have in the tool box for such challenges.

What long term abuse would that be? I gather you're talking about the balance of trade, or actually the imbalance of trade. But who is really hurt by that? Where's the real pain resulting from greater imports than exports? Who suffers as a result?

Right now, the American consumer has choices between a cheaper product made offshore vs a domestic product that costs more, thanks in part to higher labor costs. If a tariff is placed on an imported product, the price is increased and the consumer pays more for that product. Which means the consumer has less money to spend on something else, and that is inflationary. Say I have $100 to spend on discretionary stuff after the bills are paid. Today I can buy an imported shirt for $10 vs say $15 for a shirt made here in the US but if a tariff is applied on incoming shirts that evens out the price of shirts. Now the consumer only has $85 to spend on something else vs $90 before, and that means a lower standard of living (less stuff for my $100).

Who gets hurt the most from that tariff? I say it's the guy with only $100 to spend on discretionary stuff vs the guy that has $1000 or more to spend. He doesn't care about the extra $5 for a shirt, but the people on the low end of the income ladder do. Yeah, you will hurt the foreign import countries cuz the new tariff will hurt their revenue, but you do realize that those countries WILL retaliate, right? They'll slap tariffs and other protectionist policies on our stuff exported to them, and that is going to hurt US companies in whatever industries those tariffs apply. How do you not see how harmful tariffs are to both sides? Yes, there are winners on our side but also losers, including the American consumer.

 

[Road Runner]

I forgot to post this yesterday.

 

[my2¢]

Tariffs are just another corporate tax that'll get passed on to the consumer.

 

[AHZ]

I love tariffs when Trump uses them because he uses them like a hammer!

A threat of tariffs got mexico to stop the caravans of illegals...and to set up the remain in mexico policy.

He used the threat of tariffs to get many other countries to drop their tariffs on US companies.

And he actually imposed tariffs on some to save American jobs & entire industries (like steel).

we should save all crucial industries with tariffs.

and all non crucial industries as well.

fuck human slavery.

slave goods have no place on the international market.

 

[dudmuck]

As if tariffs are contemplated with no back up plan... rotflmbo

The back up plan is to lift all boat's here so the effect of the tariff will do exactly what it's goal is intended to do, and that is to gain progress in fairness and trade with countries that have been getting away (having insider help), with too much when it comes to our trade balances, policies and etcetera.

 

[beagle9]

What long term abuse would that be? I gather you're talking about the balance of trade, or actually the imbalance of trade. But who is really hurt by that? Where's the real pain resulting from greater imports than exports? Who suffers as a result?

Right now, the American consumer has choices between a cheaper product made offshore vs a domestic product that costs more, thanks in part to higher labor costs. If a tariff is placed on an imported product, the price is increased and the consumer pays more for that product. Which means the consumer has less money to spend on something else, and that is inflationary. Say I have $100 to spend on discretionary stuff after the bills are paid. Today I can buy an imported shirt for $10 vs say $15 for a shirt made here in the US but if a tariff is applied on incoming shirts that evens out the price of shirts. Now the consumer only has $85 to spend on something else vs $90 before, and that means a lower standard of living (less stuff for my $100).

Who gets hurt the most from that tariff? I say it's the guy with only $100 to spend on discretionary stuff vs the guy that has $1000 or more to spend. He doesn't care about the extra $5 for a shirt, but the people on the low end of the income ladder do. Yeah, you will hurt the foreign import countries cuz the new tariff will hurt their revenue, but you do realize that those countries WILL retaliate, right? They'll slap tariffs and other protectionist policies on our stuff exported to them, and that is going to hurt US companies in whatever industries those tariffs apply. How do you not see how harmful tariffs are to both sides? Yes, there are winners on our side but also losers, including the American consumer.

Interesting... So in otherwords you disregard what has brought America to it's knees, and it's all because you must have cheap chit or want others too as opposed to quality consumer goods at an affordable price, otherwise goods that if we were honest and had protection's still in place in order to protect the American consumer, then we end up back in the days when America was great in this department, and it was respected because we respected ourselves enough to do what was right in America back then.

Yes it's definitely about balance in everything we do here and abroad, but after Nafta the US business men decided to say to themselves "hey too hell with the American consumer/worker", it's all about mega profits now at the expense of this countries "balance" and once cherished "consumer protections" and our overall "national security".

If you ignore the devastation to our industries, our security, and our respect, then you are not an honest player. In fact you may be part of the problem.

Yes we can have our cake and eat it too, but if we continue to be led by the nose by unscrupulous character's then we get what we've got right now in this country. If you are OK with that, then go bury your head in the sand while the nation attempts to fix itself.

 

[beagle9]

Cute, but no one is fooled by you people.

 

[beagle9]

I forgot to post this yesterday.

Trump is not loyal to any party, only to the American people and this nation. Time is coming for real change, and it's about damned time.

 

[task0778]

Interesting... So in otherwords you disregard what has brought America to it's knees, and it's all because you must have cheap chit or want others too as opposed to quality consumer goods at an affordable price, otherwise goods that if we were honest and had protection's still in place in order to protect the American consumer, then we end up back in the days when America was great in this department, and it was respected because we respected ourselves enough to do what was right in America back then.

Yes it's definitely about balance in everything we do here and abroad, but after Nafta the US business men decided to say to themselves "hey too hell with the American consumer/worker", it's all about mega profits now at the expense of this countries "balance" and once cherished "consumer protections" and our overall "national security".

If you ignore the devastation to our industries, our security, and our respect, then you are not an honest player. In fact you may be part of the problem.

Yes we can have our cake and eat it too, but if we continue to be led by the nose by unscrupulous character's then we get what we've got right now in this country. If you are OK with that, then go bury your head in the sand while the nation attempts to fix itself.

The way to prosperity for everybody in this country is not through higher prices, and tariffs lead to higher prices for the same productivity. That is inflationary which is counter productive and any fool ought to realize that.