What's with all the tariff talk these days?

'Who's Going To Pay? We Are': Fox News Host Admits Trump Tariffs Are Bad For America.

'Who's going to pay? We are': Fox News host admits Trump tariffs are bad for Americans

Fox News/screen grab


Fox News host Julie Banderas warned viewers that they should be prepared to pay more for goods if president-elect Donald Trump follows through with his threat to place tariffs on Canada, Mexico and China.

While speaking to small business "expert" Gene Marks on Thursday, Banderas noted that Trump had vowed to make tariffs "so high, so horrible, so obnoxious" to force businesses to move to the United States.

"Oh, it's going to be a wild ride," she remarked. "Let's be realistic. I mean, a lot of American companies do not buy American. They do rely on a lot of merchandise that is purchased from other countries."
 
Tariffs can spiral out of control with a fucking yutz in the white house (like biden).

I forget the details but a country had a 100% tariff on a US company (I thunk it was harley davidson). Trump asked them to remove it...they laughed at him.

Trump put a 100% tariff on one of their companies (even & reciprocal)...they bumped their tariff up to 200%...Trump bumped our tariff to 3000% and applied it to all companies in that country. They relented and all tariffs were dropped on both sides (which was what Trump asked for in the first place).

It all played out in 3 days.
A link would be good.
 
And so the chaos begins/continues...

Dec. 3, 2024
China said on Tuesday that it would begin banning the export of several rare minerals to the United States, an escalation of the tech war between the world’s two biggest powers. The move comes a day after the Biden administration tightened Chinese access to advanced American technology.
The ban signals Beijing’s willingness to engage in supply chain warfare by blocking the export of important components used to make valuable products, like weaponry and semiconductors.
Sales of gallium, germanium, antimony and so-called superhard materials to the United States would be halted immediately on the grounds that they have dual military and civilian uses, China’s Ministry of Commerce said. The export of graphite would also be subject to stricter review.
 
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