Why Tariffs Are Good: The Case for Tariffs

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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:




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Free Trade agreements are why there are so many economic dead zones in the US that used not to be. Now it has always seemed to me that the democrats purposefully went after lowly manufacturing jobs in red states to bolster bottom lines in blue states as a political flex, but regardless, the tariffs could be a good thing. It will take a generation to find out. I am cautiously optimistic for the next generation as I will be retired before we really know for certain.

We should bring vital jobs back home. So Trump should have picked those industries and strategically went after those. What he's doing makes no sense and is pissing the rest of the world off. NOT good for business. Not the way he's doing it. Imagine Kamala doing this.

Don't blame Democrats. Back in the 2000's when GW Bush sent millions of manufacturing jobs overseas, they did it on purpose because those were high paying union jobs. If you don't remember the 2000's, Republicans spent that decade attacking union workers. As we were sending their jobs overseas. Today Republicans pretend they want to bring back those jobs for those "deplorables". They won't pay what they once paid. And who's going to work those jobs? We're at zero unemployment right now. Maybe all those government people Elon fired? Maybe 14 year olds? This month Florida is voting to allow 14 year olds to work 10pm to 6am on school nights. Nice.

The only problem in America is the rich and corporations starting with Reagan went to class warfare with labor. Union membership went from 35% to 5%. In that same time, wages stopped growing. But CEO pay skyrocketed.

In the 2000's I used to SCREAM why aren't those jobs going to red states??? Instead they bipassed red states and went to Mexico. I don't mind union jobs in the north moving south for cheaper labor. I like taking advantage of cheap goober wages in the south.

We should pick what industries we want to bring back home and not fuck with the rest. Period. Trump's not doing a good job of this. I'm not surprised.
 
Interesting X thread on why a weakened stock market helps us to reduce our debt.

 
I believe the reality is that this discussion is beyond the depth of most if not all of us here. I know it is for me.

 
I read yesterday if you take out oil, we had no trade deficit with Canada.

And they only have 10% of our population. Of course we buy a lot more from them than they buy from us.
And we sell you oil below market rates.
 
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.
An order of magnitude more drugs flow North into Canada than the other way around. Just what industries are we stealing? Stop listening to Fox
 
The U.S. trade deficit is through the roof at $1.5 TRILLION a year, HELLO! Guess who the biggest offenders are? Yeah China, Mexico, Vietnam, Canada, Germany, Japan, and Ireland.
Trade is not a zero sum game.
 
An order of magnitude more drugs flow North into Canada than the other way around. Just what industries are we stealing? Stop listening to Fox
What? I can't hear you over Trump's magnificent U.S. Jobs report today that CRUSHED estimates by 168%. Get some bitches!
 
Said someone really really stupid.
Explain how trade between Canada, population 40M can be equal with the US, population 340M. And if you take the oil we sell you, below market value, you have a trade surplus with Canada.
 
And we sell you oil below market rates.
I don't even think we have a problem with Canada. But Trump wants something.

What's funny is I heard the only countries Trump didn't tariff were North Korea and Russia. Is that true?
 
This guy is right. The Wall Street Gangsters are pissed that Trump is helping the American workers. He said in 2008 Wall Street orchestrated a massive economic collapse and got bailed out by the equally corrupt federal government while the American people got WIPED OUT!

 
This guy is right. The Wall Street Gangsters are pissed that Trump is helping the American workers. He said in 2008 Wall Street orchestrated a massive economic collapse and got bailed out by the equally corrupt federal government while the American people got WIPED OUT!


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This guy is right. The Wall Street Gangsters are pissed that Trump is helping the American workers. He said in 2008 Wall Street orchestrated a massive economic collapse and got bailed out by the equally corrupt federal government while the American people got WIPED OUT!


That's because you're racist.
 
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