Why Tariffs Are Good: The Case for Tariffs

[BluesLegend]

Canada's trade with the US was 99% tariff free. Australia's as well. Then why?

Riiiiight wormy Canada flooding the U.S. with drugs and refusing to do anything about it wasn't an issue. Canada stealing entire U.S. industries? Also not a problem? I'm stunned at how pathetically uninformed you people are.

 

[rightwinger]

What Trump is doing shows us President's do or can have a lot of effect on the economy. Many times we don't even know how their policies impact the economy.

Most of the time, when the stock market crashes, unemployment rises and inflation increases …….A President claims he is the victim of the economic environment and he is mostly correct.

In Trumps case, he created the Stock market crisis, he personally fired people, his tariffs are creating inflation

 

[Z99]

Canada's trade with the US was 99% tariff free. Australia's as well. Then why?

Source?

 

[sealybobo]

Tariffs imposed on the U.S are GOOD.
The U.S imposing tariffs on other countries is BAD.

---The demented LEFT

That's basically how a Republican neanderthal fool would understand it. Perfect! LOL. Hey, enjoy the inflation.

If it makes you feel any better, say it's not inflation. Like war plans. You weren't texting war plans. They were attack plans, not war plans.

So it's not inflation. It's not a tax. It's Tariffs.

“Tariff,” Donald Trump has said many times, “is the most beautiful word in the dictionary.”

We don't mind strategic tariffs. What Trump's doing is stupid and you know it.

 

[rightwinger]

And they only have 10% of our population. Of course we buy a lot more from them than they buy from us.

The US is the wealthiest nation on earth. We are global consumers.
It is lunacy to demand that other nations consume at the rate we do.

 

[sparky]

I'm not understanding why tariffs are ok for the rest of the civilized world, but bad when we do it .......~S~

 

[sealybobo]

Rand Paul is pissed. The phony Libertarians are bending over for Trump as usual.

The rubes have been conditioned to believe that the (R) or (L) after their name automatically makes them trained, educated and experienced macroeconomic experts.

The fact is that (and I'll say it again) NOTHING illustrates the Dunning Kruger Effect more vividly than a Trumpster lecturing others on economics and markets.

I underestimate my abilities. My one buddy totally overestimates his abilities. He's such a loser but loves to tell me he's the smartest guy I know. 50 and lives with his parents. Never worked a day in his life. Maybe he is the smartest guy I know? LOL

 

[sealybobo]

I'm not understanding why tariffs are ok for the rest of the civilized world, but bad when we do it .......~S~

Did you read what we are saying? Strategic tariffs good. Across the board tariffs dumb.

 

[SeaMajor7]

That's basically how a Republican neanderthal food would understand it. Perfect! LOL. Hey, enjoy the inflation.

If it makes you feel any better, say it's not inflation. Like war plans. You weren't texting war plans. They were attack plans, not war plans.

So it's not inflation. It's not a tax. It's Tariffs.

“Tariff,” Donald Trump has said many times, “is the most beautiful word in the dictionary.”

We don't mind strategic tariffs. What Trump's doing is stupid and you know it.

Yes, boo-boo, you're a GENIUS.

 

[Mac1958]

Did you read what we are saying? Strategic tariffs good. Across the board tariffs dumb.

They only know all or nothing. All tariffs are the same. They have no idea.

It's pointless.

 

[rightwinger]

It creates markets for American goods in other places.

Here's what you guys don't get.

Consumers in other countries see what Trump is doing and hear what he says about their country.
They feel the impact of Trumps Trade War

They will avoid products that say “Made in the USA” because they blame the US for what is happening

 

[sealybobo]

The US is the wealthiest nation on earth. We are global consumers.
It is lunacy to demand that other nations consume at the rate we do.

Remember I posted this a lot last year and Republicans said I was wrong Trump did not cause the inflation?

Ron DeSantis and Chris Christie Call Out Trump for Adding to Federal Debt and setting the stage for the inflation that we have.​

The country’s current “inflationary spiral” can also be traced back to COVID-19, Maher said, describing the trillions of dollars the government issued throughout the pandemic. This, he noted, should not be pinned on President Joe Biden, but his predecessor, former President Donald Trump.

So Republicans refused to give Trump any blame for the inflation we experienced under Biden. Fine. But he totally owns it this time.

 

[sealybobo]

Consumers in other countries see what Trump is doing and hear what he says about their country.
They feel the impact of Trumps Trade War

They will avoid products that say “Made in the USA” because they blame the US for what is happening

Remember how Republicans lost it when France didn't go along with Bush when he was lying us into Iraq with the help of Tony Blair? They started calling French Fries Freedom Fries.

 

[SeaMajor7]

They only know all or nothing. All tariffs are the same. They have no idea.

It's pointless.

Nice. Making a point without making a point.

 

[frigidweirdo]

Tariffs protect industries and businesses, especially vital industries, from unfair foreign competition. Tariffs prevent huge sums of income from leaving the U.S. America became the industrial giant of the world behind the protective walls of sky-high tariffs for decades.

No, tariffs did not cause or contribute to the Great Depression--that's an old Democrat myth that was floated by FDR and his crowd to attack Republican trade policy, and it's a myth that some Libertarians misguidedly, mistakenly repeat.

Numerous nations around the world have developed their economies by using high tariffs. Think about this: If tariffs are so bad for consumers and the economy, why do so many other nations impose tariffs, including Canada, Mexico, China, Brazil, Argentina, the European Union, Japan, India, South Korea, and Taiwan?

Some reading for further research:

Why Tariffs Are Good

The claim that tariffs are inherently misguided and inevitably harmful does not stand up to scrutiny, especially when it comes to U.S. trade with China

www.tabletmag.com

Trump's Tariffs Are About Securing America's Future

Americans should not be gaslit into having to choose between sovereignty and safety or low prices.

thefederalist.com

In a Victory for Autoworkers, Auto Tariffs Mark the Beginning of the End of NAFTA and the “Free Trade” Disaster - UAW | United Automobile, Aerospace and Agricultural Implement Workers of America

Days after Volkswagen, the #2 automaker in the world, announced making $20.6 billion in profit in 2024, a new UAW survey of VW workers in Chattanooga reveals the devastating financial toll of VW’s substandard U.S. health care offerings.

uaw.org

Tariffs Are The Only Way To Restore Long-Term Economic Health

To make America make things again, tariffs are the only option.

thefederalist.com

You can see with the EU just how rich countries got.

In 2004 certain countries joined the EU.

Cyprus, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia and Slovenia all joined on the 1st May that year.

Cyprus' GDP in 2003 was $14.55 billion, by 2008 that had gone up to $27.84 billion, it nearly doubled in 5 years.

The Czech Republic had a GDP of $100.09 billion in 2003 and by 2008 it was $236.82 billion. More than double in five years.

The EU got rich. The US by contrast went from $11 trillion to $14 trillion in that time.

 

[sealybobo]

Yes, boo-boo, you're a GENIUS.

Even you wouldn't be as dumb as Trump. What you are doing is putting too much faith in your Messiah. MAGA is a cult. And you are going to support the man even if he lies, cheats, steals, shoots someone one 5th ave, rigs elections, sells classified secrets, starts a insurrection.

EVEN if he causes inflation for the next two years that really takes a bite out of your income. Dummy.

I thank GOD I'm a single guy with no kids and my family has money. We'll survive this. I hope.

 

[DonGlock26]

It creates markets for American goods in other places.

Here's what you guys don't get.

The purchasing of goods and commodities is on a triad.

Price, service, and quality.

We are never going to beat the Chinese on price, and making their goods more expensive to the consumer just hurts the consumer.

So where we need to be better is in quality and service.

Well, there's no incentive to improve quality and service if the government is protecting you from competition. You'll just keep doing the same crappy quality and the same half-ass service.

A good example is our relationship with Japan. (Hey, mikegriffith1, check it out, I'm going to say nice things about the Japanese here.) When Japan rebuilt her industries after World War 2, they invited a guy named Deming over to show them how to run their factories efficiently. He developed what we now describe as "lean manufacturing". Initially, it produced cheap stuff, and "Made in Japan" meant low-quality things. Eventually, they got good at making electronics, cars, and other goods to the point where "Japanese" meant quality in people's minds.

Ironcially, American Manufacturing is now trying to catch up, and a lot of the things Deming taught the Japanese are now being preached in American Manufacturing, just with the Japanese names for them, which is why if you work in Manufacturing, you are going to hear terms like kaizen, poke-yoke, kanban, and muda.

So everyone else but the US uses tariffs to protect their economies but it’s bad for the US?

 

[DonGlock26]

It helps by allowing the US and its partners to offer the best trade deals among themselves while excluding China.

How does a tariff war with China help?
Do you think the US will start building cheap TVs?

Maybe we will. We invented the Liberty Ship.

 

[JoeB131]

Riiiiight wormy Canada flooding the U.S. with drugs and refusing to do anything about it wasn't an issue. Canada stealing entire U.S. industries? Also not a problem? I'm stunned at how pathetically uninformed you people are.

God dammit, stop drinking the goddamn bleach!!!!

Less than 1% of all Fentanyl intercepted being smuggled into the country was coming in from Canada.

 

[justoffal]

Yes, strategic, targeted tariffs are wise. Every country protects its vital industries. Only america didn’t because American corporations wanted to send all those high paying union jobs to Mexico and China.

But trump isn’t doing targeted strategic tariffs is he?

You're not too bright....

Do you understand what the EPA is?
Do you understand what the FDA is?
Do you understand what OSHA is?
Do you understand the NLRB is?

None of these are targeted entities because they apply to everything across the board in a blanket application. And these are only a fraction of the involved agencies.

To talk about targeted tariffs.... Vital industries.... Specific business models???

You are still wandering in the woods.