Who will end the tariff war quagmire?

[Orangecat]

If you like to believe that Trump kept his promises to end the war in Ukraine in one day, end inflation on day one, and that his tariffmania has been an economic success, then you must still be concerned about his Black immigrants eating their neighbors' pet cats and dogs, no doubt.

I don’t care if any of that stuff got done or not. My favorite part about Trump‘s presidency so far is the effect it’s having on people like you.

 

[citygator]

1. Thanks for checking that, you are correct I heard that on TV.
2. When I was young all the Chinese rode bikes everywhere, today they ride fancy cars. What happened? They got wealth.
3. Our wealth is a mirage, we owe $37T. That is not wealth.
4. Biden threw money from helicopters and put $8T on the Debt, we appear wealthy, but we are not after paying back what we borrowed.
5. You are correct separating the Debt and the trade deficit, but getting more Federal revenue has to be better than borrowing.

You seem to really be stuck on confusing two concepts. One concepts is our wealth. The other is our government debt. They are not related.

Our nation has more than enough wealth to pay off our debt. We chose not to so that the capital can be used for other stuff.

If I own a $2M house and a $500k mortgage some people would say “OMG, you have a lot of debt”. But the reality is that I have the $500K invested in other stuff instead of my house. That’s not being broke. That is the US.

Most of our debt came from Bushs’ wars and Trump’s covid. Anything outside of those two line items are a joke.

All the wealth is at the top so trying to solve the budget debt through some kind of pushing tariffs on the working class or eliminating support for the poor is stupid. The rich need to pay down he debt.

 

[Dante]

Double-down Dante, the youth are rejecting your Marxist bullshit.

Look at the numbers. Get some Junior High School kid to help you with the math

 

[Mac-7]

With who? Not China, according to the Chinese.

Companies from Chipotle to Delta are worried about Trump’s tariffs. Here’s what they’re saying​

http://[URL]https://www.cnbc.com/20...pepsi-chipotle-pg-cut-earnings-forecasts.html

[/URL]

In the James Bond movie Goldfinger sean Connery is strapped to a table and a giant saw is about to cut him in half

He looks worried and asks the villain “Do you expect me to talk?”

And the villain replies “No Mr Bond, I expect you to die”

And thats my position on trade with china

I dont want to negociate low tariffs

Instead my goal is to cut the enemy off from the US market and import little or nothing from the Middle Kingdom

 

[BrokeLoser]

Who left the hand grenades in the playpen?

The irresponsible, erratic and sporadic tariffmania that is wreaking havoc with the global economy must be stopped.

View attachment 1104178​

“The most beautiful word in the dictionary is TARIFF!”​

Companies are ramping up warnings about the effects tariffs may have on bottom lines — and consumers

New report projects U.S. headed for tariff double-shock
of higher inflation, slower growth

Americans Lose Faith in Economy Amid Trump Tariffs

Where will tariffs and inflation stand a year from now?
Fitch’s chief economist outlines a worrisome prediction
​

Lib Logic:
“Tariffs only work for other nations when heavily imposed upon the United States…we must continue allowing the world to pound our ass while we look the other way like only faggot loving purple hair globalist nose-ringers would.”

 

[Mac1958]

You seem to really be stuck on confusing two concepts. One concepts is our wealth. The other is our government debt. They are not related.

The fact is that, whether they are able to face the facts or not, they are the facts.

Look at the numbers. Get some Junior High School kid to help you with the math

This brilliant Trump strategy is a rolling, flaming ball of contradictions.

I’m a Conservative Economist. Here Are 6 Reasons Trump’s Plans Won’t Work.

Main points from the linked piece:

1. Tariffs can’t both create permanent domestic jobs and be a temporary negotiating tool.
2. Tariffs can’t both protect domestic industries and generate trillions of dollars in revenue.
3. You can’t both eliminate the federal budget deficit and protect Social Security, Medicaid and other popular programs.
4. You can’t eliminate the federal budget deficit and also cut taxes.
5. DOGE’s actions are likely to increase the federal budget deficit, not lower it.
6. The national debt can’t matter one day and not the next.

Regarding the beloved DOGE:

While the DOGE website claims to have saved $150 billion, the verified savings have been less than $5 billion — or less than 0.1 percent of federal spending. The rest of the claimed savings are either not backed up with specific data or based on mathematical errors, triple-counting the same savings and theoretical “savings” of funds that were never going to be spent. Ultimately, DOGE is government spending-cut theater that targets MAGA cultural totems such as DEI contracts, media subscriptions, federal employees and foreign aid that collectively save little money. Which is why total federal spending this year currently exceeds the level of spending during the same period last year.

 

[Mac1958]

I swear none of you righties has any clue how an economy and trade works.

They don't. Dunning-Kruger in full effect. Nothing can be said to them.

I hope that whoever has Trump's ear is trying to convince him to get us the fuck out of this as quickly as possible, no matter what. The supply chains are now locking up, as predicted, like in 2020.

Make up some more orange bullshit and claim victory. The flock will cheer. It was always inevitable. Tick, tick, tick.

 

[Dekster]

Tariffs are good for the environment. It will mitigate more CO2 than 2 Green New Deals would have.

 

[schmidlap]

Tariffs are good for the environment. It will mitigate more CO2 than 2 Green New Deals would have.

Trump's blowing gas copiously offsets any benefit derived from his slowing down the economy.

 

[Mac-7]

Most of our debt came from Bushs’ wars and Trump’s covid. Anything outside of those two line items are a joke.

Bush wars, check

But the Wuflu aka Covid debt was not trump’s fault

 

[Mac1958]

UPS is cutting 20,000 jobs due to lower demand.

What a shock.

 

[citygator]

Bush wars, check

But the Wuflu aka Covid debt was not trump’s fault

Regardless who you blame for it those are the two big debt drivers. The next big debt driver will be the Recession of 2025-2026 knows as the Trump Tariff Flu.

 

[Mac-7]

Regardless who you blame for it those are the two big debt drivers. The next big debt driver will be the Recession of 2025-2026 knows as the Trump Tariff Flu.

Maybe

But democrat washington business as usual is not sustainable

The longer we wait the harder it will be

 

[citygator]

Maybe

But democrat washington business as usual is not sustainable

The loner we wait the harder it will be

If you dont like your mortgage you dont set your house on fire. Why would you accept that from Trump? I dont get it. Our trade problems werent massive. We now have massive economic issues.

 

[Mac-7]

If you dont like your mortgage you dont set your house on fire. Why would you accept that from Trump? I dont get it. Our trade problems werent massive. We now have massive economic issues.

Our trade problems are very massive if you care what happens to future generations of Americans

We are bleeding wealth and financing the upgrading of china’s military

 

[citygator]

Our trade problems are very massive if you care what happens to future generations of Americans

We are bleeding wealth and financing the upgrading of china’s military

When you buy a Nike shoe for $100. The US retailer gets $35, the US Nike gets $32, the US government gets $10 and the freight company gets $5 and the Chinese factory gets $18.

So tell me genius. Who is making out and getting ripped off here? How do you see the new math working?

 

[TemplarKormac]

 

[Mac-7]

When you buy a Nike shoe for $100. The US retailer gets $35, the US Nike gets $32, the US government gets $10 and the freight company gets $5 and the Chinese factory gets $18.
So tell me genius. Who is making out and getting ripped off here? How do you see the new math working?

The consumer and the US worker on food stamps

 

[citygator]

The consumer and the US worker on food stamps

There is a solution and it’s not forcing the middle class and poor to pay more for goods.

 

[Mac-7]

There is a solution and it’s not forcing the middle class and poor to pay more for goods.

You mean let china continue the steal?

You wake up one day and there will be no middle class