Australian Politics Forum - Trump and tariffs

Armchair_Politician

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Trump and tariffs
Nov 29^th, 2024 at 9:53am

Watch this video clip. It involves a very good, very easy to understand, explanation regarding how tariffs work and why the country enacting the tariffs (in this case, the US) will see their consumers pay more and cause inflation to rise. Just watch it - it's very good. Just goes to show how Trump shapes his messages to make it look like he's going to hurt another country when the opposite is actually true, but his supporters don't question this or understand the issue - in this case, how tariffs actually work.

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Bobby. Gold Member Offline Australian Politics Posts: 104726 Melbourne Gender:	Re: Trump and tariffs Reply #1 - Nov 29^th, 2024 at 10:36am The Chinese have been manipulating the world markets with: product dumping at below cost to destroy foreign competition, also Govt subsidies - That’s why BHP closed most of their steel mills. The Chinese have destroyed all their competition and it has cost us jobs.
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Armchair_Politician

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Re: Trump and tariffs
Reply #2 - Nov 29^th, 2024 at 10:48am

Bobby. wrote on Nov 29^th, 2024 at 10:36am:

The Chinese have been manipulating the world markets with:
product dumping at below cost to destroy foreign competition,
also Govt subsidies -
That’s why BHP closed most of their steel mills.
The Chinese have destroyed all their competition and it has cost us jobs.

... and Trumps' tariffs ill-conceived thought bubble will cost even more jobs and push inflation even higher.

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Frank

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Re: Trump and tariffs
Reply #3 - Nov 29^th, 2024 at 10:56am

Armchair_Politician wrote on Nov 29^th, 2024 at 9:53am:

Watch this video clip. It involves a very good, very easy to understand, explanation regarding how tariffs work and why the country enacting the tariffs (in this case, the US) will see their consumers pay more and cause inflation to rise. Just watch it - it's very good. Just goes to show how Trump shapes his messages to make it look like he's going to hurt another country when the opposite is actually true, but his supporters don't question this or understand the issue - in this case, how tariffs actually work.

Yeah, right.

And that's why Canada, India, the EU has tariffs on Chinese products. Oh, and the US, under Biden (or whoever his puppet master is). Because of Trump, right?

Pakman is an idiot. He doesn't understand why tariffs are imposed and how they work. Being fixated on retail price is blinkered.

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Estragon: I can’t go on like this.
Vladimir: That’s what you think.

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tallowood Gold Member Offline Australian Politics Posts: 6048	Re: Trump and tariffs Reply #4 - Nov 29^th, 2024 at 11:07am Buy American to avoid Trump trade war, says ECB chief Christine Lagarde
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Frank

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Re: Trump and tariffs
Reply #5 - Nov 29^th, 2024 at 11:20am

China was helped by the US and the West. Naively, they believed China's promises and allowed it to enter the WTO.
China broke most of its promises and has never played by the rules. Not within the WTO, not with the US, EU or Australia. China imposed punitive tariffs on Australia even though we have, again naively, a free trade agreement with them. A communist dictatorship will not behave like a liberal democracy. How astonishing!

Now that it has grown powerful, the Chinese military threatens everyone around it.

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Estragon: I can’t go on like this.
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greggerypeccary

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Re: Trump and tariffs
Reply #6 - Nov 29^th, 2024 at 1:28pm

Armchair_Politician wrote on Nov 29^th, 2024 at 9:53am:

Watch this video clip. It involves a very good, very easy to understand, explanation regarding how tariffs work and why the country enacting the tariffs (in this case, the US) will see their consumers pay more and cause inflation to rise. Just watch it - it's very good. Just goes to show how Trump shapes his messages to make it look like he's going to hurt another country when the opposite is actually true, but his supporters don't question this or understand the issue - in this case, how tariffs actually work.

It is a very good video, and Pakman explains it well.

However, it will go straight over the heads of MAGA cult members.

They, and their orange leader, just don't understand how Tariffs work and no amount of education will change their view.

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Frank

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Re: Trump and tariffs
Reply #7 - Nov 29^th, 2024 at 3:07pm

Armchair_Politician wrote on Nov 29^th, 2024 at 9:53am:

Watch this video clip. It involves a very good, very easy to understand, explanation regarding how tariffs work and why the country enacting the tariffs (in this case, the US) will see their consumers pay more and cause inflation to rise. Just watch it - it's very good. Just goes to show how Trump shapes his messages to make it look like he's going to hurt another country when the opposite is actually true, but his supporters don't question this or understand the issue - in this case, how tariffs actually work.

Pakman's ignorance is matched by his smugness - and the eager stupidity of those who lap up his nonsense.

If it was really as he says - American importers and consumers wear the cost of tariffs, not China - then it would have been also Chinese importers and consumers who paid the price for Chinese government impsed tariffs on Australian goods, with no discernible effect on Australia. Were the ChiComms so stupid as to deliberately hurt their own companies and consumers?
By Pakman's smug idiocy, yes. Chinese tariffs on Australian goods were calculated to inflict pain on Chinese importers and Chinese consumers, leaving Australia unaffected.

The ChiComms oppose tariffs in their own goods because they want to protect American companies and consumers. And so they threaten to impose retaliatory tariffs of their own to hurt their own companies and consumers.

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« Last Edit: Nov 29^th, 2024 at 3:12pm by Frank »

Estragon: I can’t go on like this.
Vladimir: That’s what you think.

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Armchair_Politician

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Re: Trump and tariffs
Reply #8 - Nov 29^th, 2024 at 3:31pm

Frank wrote on Nov 29^th, 2024 at 3:07pm:

Armchair_Politician wrote on Nov 29^th, 2024 at 9:53am:

Watch this video clip. It involves a very good, very easy to understand, explanation regarding how tariffs work and why the country enacting the tariffs (in this case, the US) will see their consumers pay more and cause inflation to rise. Just watch it - it's very good. Just goes to show how Trump shapes his messages to make it look like he's going to hurt another country when the opposite is actually true, but his supporters don't question this or understand the issue - in this case, how tariffs actually work.

Pakman's ignorance is matched by his smugness - and the eager stupidity of those who lap up his nonsense.

If it was really as he says - American importers and consumers wear the cost of tariffs, not China - then it would have been also Chinese importers and consumers who paid the price for Chinese government impsed tariffs on Australian goods, with no discernible effect on Australia. Were the ChiComms so stupid as to deliberately hurt their own companies and consumers?
By Pakman's smug idiocy, yes. Chinese tariffs on Australian goods were calculated to inflict pain on Chinese importers and Chinese consumers, leaving Australia unaffected.

The ChiComms oppose tariffs in their own goods because they want to protect American companies and consumers. And so they threaten to impose retaliatory tariffs of their own to hurt their own companies and consumers.

You just don’t get it!

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Scott Morrison DID wipe the floor with Bull Shitten!!!

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Frank

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Re: Trump and tariffs
Reply #9 - Nov 29^th, 2024 at 3:33pm

Armchair_Politician wrote on Nov 29^th, 2024 at 3:31pm:

Frank wrote on Nov 29^th, 2024 at 3:07pm:

Armchair_Politician wrote on Nov 29^th, 2024 at 9:53am:

Watch this video clip. It involves a very good, very easy to understand, explanation regarding how tariffs work and why the country enacting the tariffs (in this case, the US) will see their consumers pay more and cause inflation to rise. Just watch it - it's very good. Just goes to show how Trump shapes his messages to make it look like he's going to hurt another country when the opposite is actually true, but his supporters don't question this or understand the issue - in this case, how tariffs actually work.

Pakman's ignorance is matched by his smugness - and the eager stupidity of those who lap up his nonsense.

If it was really as he says - American importers and consumers wear the cost of tariffs, not China - then it would have been also Chinese importers and consumers who Cheesy

paid the price for Chinese government impsed tariffs on Australian goods, with no discernible effect on Australia. Were the ChiComms so stupid as to deliberately hurt their own companies and consumers?
By Pakman's smug idiocy, yes. Chinese tariffs on Australian goods were calculated to inflict pain on Chinese importers and Chinese consumers, leaving Australia unaffected.

The ChiComms oppose tariffs in their own goods because they want to protect American companies and consumers. And so they threaten to impose retaliatory tariffs of their own to hurt their own companies and consumers.

You just don’t get it!

I listened to Pakman and then explained why what he says is silly, ignorant bollocks.

Why don't you explain how it's not? Go on.

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greggerypeccary

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Re: Trump and tariffs
Reply #10 - Nov 29^th, 2024 at 5:34pm

Armchair_Politician wrote on Nov 29^th, 2024 at 3:31pm:

Frank wrote on Nov 29^th, 2024 at 3:07pm:

Armchair_Politician wrote on Nov 29^th, 2024 at 9:53am:

Watch this video clip. It involves a very good, very easy to understand, explanation regarding how tariffs work and why the country enacting the tariffs (in this case, the US) will see their consumers pay more and cause inflation to rise. Just watch it - it's very good. Just goes to show how Trump shapes his messages to make it look like he's going to hurt another country when the opposite is actually true, but his supporters don't question this or understand the issue - in this case, how tariffs actually work.

Pakman's ignorance is matched by his smugness - and the eager stupidity of those who lap up his nonsense.

If it was really as he says - American importers and consumers wear the cost of tariffs, not China - then it would have been also Chinese importers and consumers who paid the price for Chinese government impsed tariffs on Australian goods, with no discernible effect on Australia. Were the ChiComms so stupid as to deliberately hurt their own companies and consumers?
By Pakman's smug idiocy, yes. Chinese tariffs on Australian goods were calculated to inflict pain on Chinese importers and Chinese consumers, leaving Australia unaffected.

The ChiComms oppose tariffs in their own goods because they want to protect American companies and consumers. And so they threaten to impose retaliatory tariffs of their own to hurt their own companies and consumers.

You just don’t get it!

Nope.

And he never will.

They believe whatever Trump says, no matter what.

And in this case, Trump has absolutely no idea what he's talking about.

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Bobby. Gold Member Offline Australian Politics Posts: 104726 Melbourne Gender:	Re: Trump and tariffs Reply #11 - Nov 29^th, 2024 at 5:37pm Only Trump will fix it. The Chinese have been manipulating the world markets with: product dumping at below cost to destroy foreign competition, also Govt subsidies - That’s why BHP closed most of their steel mills. The Chinese have destroyed all their competition and it has cost us jobs.
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greggerypeccary

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Re: Trump and tariffs
Reply #12 - Nov 29^th, 2024 at 5:41pm

Frank wrote on Nov 29^th, 2024 at 3:33pm:

If it was really as he says - American importers and consumers wear the cost of tariffs, not China -

That's exactly how it is.

The Tariffs are paid by the Americans, not the Chinese.

What is a tariff?

A tariff is a tax on imports, or foreign goods brought into the United States.

Who pays for tariffs?

This is a question that many Americans asked after the election. Trump has said foreign countries pay for tariffs, but tariffs are actually paid by American companies that import goods from abroad.

So if an American car manufacturer is importing a part from Mexico, it will have to pay a tariff on the part once it arrives in the country.

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Jovial Monk Gold Member Offline Dogs not cats! Posts: 46760 Gender:	Re: Trump and tariffs Reply #13 - Nov 29^th, 2024 at 5:43pm Did Trumpy fix covid? Nope! Hitting Chinese/Mexican/Canadian imports with tariffs will hurt. . .American consumers.
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greggerypeccary Gold Member Offline Australian Politics Posts: 137517 Gender:	Re: Trump and tariffs Reply #14 - Nov 29^th, 2024 at 5:45pm Jovial Monk wrote on Nov 29^th, 2024 at 5:43pm: Did Trumpy fix covid? Nope! Hitting Chinese/Mexican/Canadian imports with tariffs will hurt. . .American consumers. It sure will, as they're the ones who pay. Literally.
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