Australian Politics Forum - If Trump enacts tariffs

greggerypeccary

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Re: If Trump enacts tariffs
Reply #45 - Dec 1^st, 2024 at 2:22pm

MeisterEckhart wrote on Dec 1^st, 2024 at 2:21pm:

greggerypeccary wrote on Dec 1^st, 2024 at 2:14pm:

MeisterEckhart wrote on Dec 1^st, 2024 at 2:04pm:

greggerypeccary wrote on Dec 1^st, 2024 at 2:02pm:

MeisterEckhart wrote on Dec 1^st, 2024 at 2:00pm:

greggerypeccary wrote on Dec 1^st, 2024 at 1:24pm:

Panther wrote on Dec 1^st, 2024 at 12:49pm:

Labor majority government wrote on Nov 7^th, 2024 at 8:27am:

Now back to the question , if Trump enacts a 60% tariff on Chinese goods one would naturally assume there would be lower demand for our raw products , how is this good for Australia?

That isn't his concern.......His 'America First' policy will be his sole guide.....what benefits America will be his first priority........Australia will just have to fend for herself.

Do you think Americans will be happy to pay more for all those Chinese products?

iPhones, MAGA merchandise, Levis, TVs, Nike shoes, Converse sneakers, XBox consoles, Disney toys, Ray-Ban sunglasses, Dell computers, etc.?

Mexico is gearing up to become America's new China.

Either way, the average American will have to pay much more for those products thanks to Trump's tariffs.

Do you think they'll be happy about that?

Not if Mexican-made goods via NAFTA 2.0 is exempt from tariffs.

"President-elect Donald Trump on Monday promised massive hikes in tariffs on goods coming from Mexico, Canada and China starting on the first day of his administration ..."

He said... He said... Like the wall he said they'd pay for!

It was Trump who proposed and signed NAFTA 2.0 with Canada and Mexico.

There'll be no tariff hikes on Mexico... That was pre-election crap talk for his base...

Indeed.

But do you think his cult members have caught on yet?

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MeisterEckhart

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Re: If Trump enacts tariffs
Reply #46 - Dec 1^st, 2024 at 2:24pm

greggerypeccary wrote on Dec 1^st, 2024 at 2:22pm:

MeisterEckhart wrote on Dec 1^st, 2024 at 2:21pm:

greggerypeccary wrote on Dec 1^st, 2024 at 2:14pm:

MeisterEckhart wrote on Dec 1^st, 2024 at 2:04pm:

greggerypeccary wrote on Dec 1^st, 2024 at 2:02pm:

MeisterEckhart wrote on Dec 1^st, 2024 at 2:00pm:

greggerypeccary wrote on Dec 1^st, 2024 at 1:24pm:

Panther wrote on Dec 1^st, 2024 at 12:49pm:

Labor majority government wrote on Nov 7^th, 2024 at 8:27am:

Now back to the question , if Trump enacts a 60% tariff on Chinese goods one would naturally assume there would be lower demand for our raw products , how is this good for Australia?

That isn't his concern.......His 'America First' policy will be his sole guide.....what benefits America will be his first priority........Australia will just have to fend for herself.

Do you think Americans will be happy to pay more for all those Chinese products?

iPhones, MAGA merchandise, Levis, TVs, Nike shoes, Converse sneakers, XBox consoles, Disney toys, Ray-Ban sunglasses, Dell computers, etc.?

Mexico is gearing up to become America's new China.

Either way, the average American will have to pay much more for those products thanks to Trump's tariffs.

Do you think they'll be happy about that?

Not if Mexican-made goods via NAFTA 2.0 is exempt from tariffs.

"President-elect Donald Trump on Monday promised massive hikes in tariffs on goods coming from Mexico, Canada and China starting on the first day of his administration ..."

He said... He said... Like the wall he said they'd pay for!

It was Trump who proposed and signed NAFTA 2.0 with Canada and Mexico.

There'll be no tariff hikes on Mexico... That was pre-election crap talk for his base...

Indeed.

But do you think his cult members have caught on yet?

The public has a short memory.

The base's man won... They'll find reasons to be cheerful.

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Panther

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Re: If Trump enacts tariffs
Reply #47 - Dec 1^st, 2024 at 2:33pm

greggerypeccary wrote on Dec 1^st, 2024 at 1:24pm:

Panther wrote on Dec 1^st, 2024 at 12:49pm:

Labor majority government wrote on Nov 7^th, 2024 at 8:27am:

Now back to the question , if Trump enacts a 60% tariff on Chinese goods one would naturally assume there would be lower demand for our raw products , how is this good for Australia?

That isn't his concern.......His 'America First' policy will be his sole guide.....what benefits America will be his first priority........Australia will just have to fend for herself.

Do you think Americans will be happy to pay more for all those Chinese products?

iPhones, MAGA merchandise, Levis, TVs, Nike shoes, Converse sneakers, XBox consoles, Disney toys, Ray-Ban sunglasses, Dell computers, etc.?

Many of those items, if not all of those China exports have tariffs on them already, so Americans have been paying more for those items already. So, if Trump raises tariffs higher, then threatens to make them even higher still, it will only really hurt China's back pocket in the already dropping demand for their products.

So, how will this help the US you ask?

The US will have many more bargaining chips for American negotiators to wager in long-term trade negotiations....the more President Trump threatens to raise the tariffs, & actually follows through with the increases, the more incentive China will eventually have to bargain in order to have the higher tariffs stopped before increasing again, & even lowered via two way, good faith, negotiations.

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« Last Edit: Dec 1^st, 2024 at 2:38pm by Panther »

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greggerypeccary

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Re: If Trump enacts tariffs
Reply #48 - Dec 1^st, 2024 at 2:36pm

Panther wrote on Dec 1^st, 2024 at 2:33pm:

greggerypeccary wrote on Dec 1^st, 2024 at 1:24pm:

Panther wrote on Dec 1^st, 2024 at 12:49pm:

Labor majority government wrote on Nov 7^th, 2024 at 8:27am:

Now back to the question , if Trump enacts a 60% tariff on Chinese goods one would naturally assume there would be lower demand for our raw products , how is this good for Australia?

That isn't his concern.......His 'America First' policy will be his sole guide.....what benefits America will be his first priority........Australia will just have to fend for herself.

Do you think Americans will be happy to pay more for all those Chinese products?

iPhones, MAGA merchandise, Levis, TVs, Nike shoes, Converse sneakers, XBox consoles, Disney toys, Ray-Ban sunglasses, Dell computers, etc.?

Many of those China exports have tariffs on them already, so Americans have been paying more for them already. So, if Trump raises tariffs higher, then threatens to make them even higher still, it will only rally really hurt China's back pocket in the already dropping demand for their products.

Still surprises me how many people don't know how tariffs work.

It will hurt Americans.

They will have to either:

a) pay much more for the products, or

b) not have the products at all

It's a no-win situation for the average American.

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MeisterEckhart

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Re: If Trump enacts tariffs
Reply #49 - Dec 1^st, 2024 at 2:37pm

Panther wrote on Dec 1^st, 2024 at 2:33pm:

greggerypeccary wrote on Dec 1^st, 2024 at 1:24pm:

Panther wrote on Dec 1^st, 2024 at 12:49pm:

Labor majority government wrote on Nov 7^th, 2024 at 8:27am:

Now back to the question , if Trump enacts a 60% tariff on Chinese goods one would naturally assume there would be lower demand for our raw products , how is this good for Australia?

That isn't his concern.......His 'America First' policy will be his sole guide.....what benefits America will be his first priority........Australia will just have to fend for herself.

Do you think Americans will be happy to pay more for all those Chinese products?

iPhones, MAGA merchandise, Levis, TVs, Nike shoes, Converse sneakers, XBox consoles, Disney toys, Ray-Ban sunglasses, Dell computers, etc.?

Many of those China exports have tariffs on them already, so Americans have been paying more for those items already. So, if Trump raises tariffs higher, then threatens to make them even higher still, it will only rally really hurt China's back pocket in the already dropping demand for their products.

So, how will this help the US you ask?

The US will have many more bargaining chips for American negotiators to wager in long-term trade negotiations....the more President Trump threatens to raise the tariffs, & actually follows through with the increases, the more incentive China will eventually have to bargain in order to have the higher tariffs stopped before increasing again, & even lowered via two way, good faith, negotiations.

You can put money on Chinese-made goods being passed off as Mexican-made goods within 6 months of any tariffs being raised.

So long as prices come down, the Trump Administration will turn a blind eye.

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Frank

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Re: If Trump enacts tariffs
Reply #50 - Dec 1^st, 2024 at 2:37pm

greggerypeccary wrote on Dec 1^st, 2024 at 2:36pm:

Still surprises me how many people don't know how tariffs work.

FACT SHEET: President Biden Takes Action to Protect American Workers and Businesses from China’s Unfair Trade Practices

President Biden’s economic plan is supporting investments and creating good jobs in key sectors that are vital for America’s economic future and national security. China’s unfair trade practices concerning technology transfer, intellectual property, and innovation are threatening American businesses and workers. China is also flooding global markets with artificially low-priced exports. In response to China’s unfair trade practices and to counteract the resulting harms, today, President Biden is directing his Trade Representative to increase tariffs under Section 301 of the Trade Act of 1974 on $18 billion of imports from China to protect American workers and businesses.
https://www.whitehouse.gov/briefing-room/statements-releases/2024/05/14/fact-she...

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Panther

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Re: If Trump enacts tariffs
Reply #51 - Dec 1^st, 2024 at 2:54pm

greggerypeccary wrote on Dec 1^st, 2024 at 2:36pm:

Panther wrote on Dec 1^st, 2024 at 2:33pm:

greggerypeccary wrote on Dec 1^st, 2024 at 1:24pm:

Panther wrote on Dec 1^st, 2024 at 12:49pm:

Labor majority government wrote on Nov 7^th, 2024 at 8:27am:

Now back to the question , if Trump enacts a 60% tariff on Chinese goods one would naturally assume there would be lower demand for our raw products , how is this good for Australia?

That isn't his concern.......His 'America First' policy will be his sole guide.....what benefits America will be his first priority........Australia will just have to fend for herself.

Do you think Americans will be happy to pay more for all those Chinese products?

iPhones, MAGA merchandise, Levis, TVs, Nike shoes, Converse sneakers, XBox consoles, Disney toys, Ray-Ban sunglasses, Dell computers, etc.?

Many of those China exports have tariffs on them already, so Americans have been paying more for them already. So, if Trump raises tariffs higher, then threatens to make them even higher still, it will only rally really hurt China's back pocket in the already dropping demand for their products.

Still surprises me how many people don't know how tariffs work.

It will hurt Americans.

They will have to either:

a) pay much more for the products, or

b) not have the products at all

It's a no-win situation for the average American.

Wrong, the $$$ are only flowing in one direction, & Americans will eventually decide not to buy because they can't afford the product any longer, or already decided the value isn't there as it was years prior when the tariffs were initially raised, & the prices went up & up.....Americans will slow down the outbound $$$ flow, & eventually keep their $$$, & stop buying altogether......spending their hard earned $$$ on more important "necessities" ...... China looses, & Americans find something else to spend their $$$ on.

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"When the People fear government there is Tyranny;
When government fears the People there is Freedom & Liberty!"

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Live FREE or DIE!
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MeisterEckhart

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Re: If Trump enacts tariffs
Reply #52 - Dec 1^st, 2024 at 2:57pm

greggerypeccary wrote on Dec 1^st, 2024 at 2:36pm:

Still surprises me how many people don't know how tariffs work.

It will hurt Americans.

They will have to either:

a) pay much more for the products, or

b) not have the products at all

It's a no-win situation for the average American.

There's no point repeating the point.

There will be no tariff hikes that hurt Americans such that they'll take to the streets over it. Even as we speak Mexico is gearing up to replace China for manufactured goods.

In the meantime, while the Mexicans build the manufacturing and supply lines, which they're already doing, if China can reach the US market via Mexico then, well... so be it.

Tarrifs was campaign talk. All candidates do it.

And for anything that gets blocked... I'm sure we'd be happy with cheap Chinese goods, once destined for the US, being offered to us.

We love someone else's slave labour just like the next democratic country.

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Panther

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Re: If Trump enacts tariffs
Reply #53 - Dec 1^st, 2024 at 3:04pm

MeisterEckhart wrote on Dec 1^st, 2024 at 2:57pm:

greggerypeccary wrote on Dec 1^st, 2024 at 2:36pm:

Still surprises me how many people don't know how tariffs work.

It will hurt Americans.

They will have to either:

a) pay much more for the products, or

b) not have the products at all

It's a no-win situation for the average American.

There's no point repeating the point.

There will be no tariff hikes that hurt Americans such that they'll take to the streets over it. Even as we speak Mexico is gearing up to replace China for manufactured goods.

In the meantime, while the Mexicans build the manufacturing and supply lines, which they're already doing, if China can reach the US market via Mexico then, well... so be it.

Tarrifs was campaign talk. All candidates do it.

And for anything that gets blocked... I'm sure we'd be happy with cheap Chinese goods, once destined for the US, being offered to us.

We love someone else's slave labour just like the next democratic country.

Also, has everyone forgotten about INDIA, & their humongous, willing, low-income manufacturing work force???......

I bet they can give China a run for who gets more of the almighty US $$$.....

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MeisterEckhart

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Re: If Trump enacts tariffs
Reply #54 - Dec 1^st, 2024 at 3:09pm

Panther wrote on Dec 1^st, 2024 at 3:04pm:

Also, has everyone forgotten about INDIA, their humongous, willing, low-income manufacturing work force???......

I bet they can give China a run for who gets more of the US almighty $$$.....

Indian internal infrastructure is a heaving mess... They're no match for the Chinese when it comes to manufacturing and shipping goods on the cheap.

Now, the likes of Vietnam... that's a different story.

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greggerypeccary

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Re: If Trump enacts tariffs
Reply #55 - Dec 1^st, 2024 at 3:10pm

Panther wrote on Dec 1^st, 2024 at 2:54pm:

greggerypeccary wrote on Dec 1^st, 2024 at 2:36pm:

Panther wrote on Dec 1^st, 2024 at 2:33pm:

greggerypeccary wrote on Dec 1^st, 2024 at 1:24pm:

Panther wrote on Dec 1^st, 2024 at 12:49pm:

Labor majority government wrote on Nov 7^th, 2024 at 8:27am:

Now back to the question , if Trump enacts a 60% tariff on Chinese goods one would naturally assume there would be lower demand for our raw products , how is this good for Australia?

That isn't his concern.......His 'America First' policy will be his sole guide.....what benefits America will be his first priority........Australia will just have to fend for herself.

Do you think Americans will be happy to pay more for all those Chinese products?

iPhones, MAGA merchandise, Levis, TVs, Nike shoes, Converse sneakers, XBox consoles, Disney toys, Ray-Ban sunglasses, Dell computers, etc.?

Many of those China exports have tariffs on them already, so Americans have been paying more for them already. So, if Trump raises tariffs higher, then threatens to make them even higher still, it will only rally really hurt China's back pocket in the already dropping demand for their products.

Still surprises me how many people don't know how tariffs work.

It will hurt Americans.

They will have to either:

a) pay much more for the products, or

b) not have the products at all

It's a no-win situation for the average American.

Wrong, the $$$ are only flowing in one direction, & Americans will eventually decide not to buy because they can't afford the product any longer, or already decided the value isn't there as it was years prior when the tariffs were initially raised, & the prices went up & up.....Americans will slow down the outbound $$$ flow, & eventually keep their $$$, & stop buying altogether......spending their hard earned $$$ on more important "necessities" ...... China looses, & Americans find something else to spend their $$$ on.

Yeah, Americans will stop buying iPhones, Levis and Nike runners.

Lol Grin

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MeisterEckhart

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Re: If Trump enacts tariffs
Reply #56 - Dec 1^st, 2024 at 3:15pm

greggerypeccary wrote on Dec 1^st, 2024 at 3:10pm:

Yeah, Americans will stop buying iPhones, Levis and Nike runners.

You're gonna fight that penny dropping down to the last calorie, eh!

Americans will not be paying more for these items. They will get to the US markets at the same price one way or another.

It's in the national interest for everyone to have a cellphone.

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Panther

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Re: If Trump enacts tariffs
Reply #57 - Dec 1^st, 2024 at 3:19pm

greggerypeccary wrote on Dec 1^st, 2024 at 3:10pm:

Panther wrote on Dec 1^st, 2024 at 2:54pm:

greggerypeccary wrote on Dec 1^st, 2024 at 2:36pm:

Panther wrote on Dec 1^st, 2024 at 2:33pm:

greggerypeccary wrote on Dec 1^st, 2024 at 1:24pm:

Panther wrote on Dec 1^st, 2024 at 12:49pm:

Labor majority government wrote on Nov 7^th, 2024 at 8:27am:

Now back to the question , if Trump enacts a 60% tariff on Chinese goods one would naturally assume there would be lower demand for our raw products , how is this good for Australia?

That isn't his concern.......His 'America First' policy will be his sole guide.....what benefits America will be his first priority........Australia will just have to fend for herself.

Do you think Americans will be happy to pay more for all those Chinese products?

iPhones, MAGA merchandise, Levis, TVs, Nike shoes, Converse sneakers, XBox consoles, Disney toys, Ray-Ban sunglasses, Dell computers, etc.?

Many of those China exports have tariffs on them already, so Americans have been paying more for them already. So, if Trump raises tariffs higher, then threatens to make them even higher still, it will only rally really hurt China's back pocket in the already dropping demand for their products.

Still surprises me how many people don't know how tariffs work.

It will hurt Americans.

They will have to either:

a) pay much more for the products, or

b) not have the products at all

It's a no-win situation for the average American.

Wrong, the $$$ are only flowing in one direction, & Americans will eventually decide not to buy because they can't afford the product any longer, or already decided the value isn't there as it was years prior when the tariffs were initially raised, & the prices went up & up.....Americans will slow down the outbound $$$ flow, & eventually keep their $$$, & stop buying altogether......spending their hard earned $$$ on more important "necessities" ...... China looses, & Americans find something else to spend their $$$ on.

Yeah, Americans will stop buying iPhones, Levis and Nike runners.

Lol Grin

Americans have plenty of options available.......Someone will fill the gap.....my money is on INDIA....even KOREA & MEXICO...they've all proven their lust for the strong US Dollar$$$.

If nothing less, China will have more incentive to ramp up the race......the race for the superior US Dollar$$$!!

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Jasin

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Re: If Trump enacts tariffs
Reply #58 - Dec 1^st, 2024 at 4:15pm

When times are tough due to Democrat overspending (and pocketing) and war mongering, like the internal invasion of Zombies from central America (Oceania) upon the American citizens and their homes.
The Republicans are forced to be efficient and tighten the belt.

Look at Australia via the ALP Lefties.
They're selling every available resources from the land and seas to help China increase the War capacities of its War Machine to invade other nations.

Chinese navy sonar boom Australian naval divers and ALP slap China on the wrist with a price reduction on Iron Ore so they don't do it again.😆😆😆😆

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Frank

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Re: If Trump enacts tariffs
Reply #59 - Dec 17^th, 2024 at 12:20pm

Trudeau said in a recent interview: “Let’s not kid ourselves in any way, shape or form – 25 per cent tariffs on everything going to the United States would be devastating for the Canadian economy.”

The prime minister is said to have offered Freeland another role in the cabinet. She has said she will run in the election, which must be held in or before October. Trudeau’s Liberals trail the Conservatives by about 20 percentage points in most surveys.

Trudeau, who has been in power for nearly a decade, has only narrowly survived votes of confidence in recent months.

Canadians have complained of a downward shift in their country and said that promises Trudeau made to build the “Canadian dream” have not come to pass three terms on.

The affordability of the housing market is near a record low, grocery prices have rocketed, crime has become more visible and the country’s public healthcare system has been struggling under the added weight of new immigrants.

The Times

Chrystia Freeland, who also serves as the finance minister and was in charge of Canada’s response to the incoming Trump administration, said that she did not share Trudeau’s vision of the future as she became the most high-profile member of his cabinet to quit.

It adds to doubts about whether Trudeau, who already has dismal approval ratings, can lead the Liberal Party into next year’s general election.

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