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Trump and tariffs (Read 3571 times)
greggerypeccary
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Re: Trump and tariffs
Reply #165 - Dec 6th, 2024 at 3:20pm
 
Leroy wrote on Dec 6th, 2024 at 3:12pm:
SadKangaroo wrote on Dec 6th, 2024 at 3:09pm:
Leroy wrote on Dec 6th, 2024 at 2:41pm:
Cool you think I have TDS, we get it, save the long posts for someone who will read them, just saying.


ou're discussing the impacts of tariffs, trade wars, and the world's largest economy, yet you seek one-liners?

No surprise you support 45.

He reduces complex realities into simplistic, digestible fragments tailored for the intellectually incurious.

Surely, you're aware of the intricacies at play here. But all 45 offers are his proverbial magic wands, devoid of substance or strategy.

It's terrifying in reality, but what's the worst that could happen?

Oh right, he destroys the economy.

I doubt there will be another global pandemic to save him this time.


Yep one liners, I comment on things. I don't have the experience running a country like you, I'm just a simple gay trans.


Inexperienced and simple seem to be apt descriptions.

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thegreatdivide
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Re: Trump and tariffs
Reply #166 - Dec 6th, 2024 at 3:20pm
 
SadKangaroo wrote on Dec 5th, 2024 at 6:13pm:
Leroy wrote on Dec 5th, 2024 at 2:02pm:
Trump is a negotiator. America have nothing to negotiate with and have always been duped into bad deals because they have no leverage.

Trumps tariffs are there to give him some leverage when he negotiates.


So he's lying about the Tariffs?

Quote:
China's strong economy is because they leverage everything, you should know that from watching them dominate Australia.

The fat is gone from the american economy and smarter trading needs to be done if they want to stay relevant.

Canada and Mexico have feasted on weak deals from America and Trump is going to turn that around.


Neo-Liberalism, your problem is with Neo-Liberalism.

The shift to neoliberalism under Reagan, with its emphasis on free markets, deregulation, privatisation, and reduced government intervention, fundamentally reshaped the U.S. economy. Manufacturing declined as industries went global, jobs moved offshore, and economic power shifted to banking and services.

Tariffs won’t reverse this trajectory.

If tariffs are being used as bargaining chips, what is the goal? Trump claims it’s to bring back manufacturing, but where’s the strategy? Tariffs are the only tool he has articulated. How does he intend to challenge neoliberalism, the ideological foundation of the Republican Party itself?

In reality, the tariffs will likely deepen the neoliberal playbook. Deregulation will be repackaged as the "solution" to any economic fallout, with both "red tape" (labour protections) and "green tape" (environmental safeguards) on the chopping block. Rather than restoring industry, this approach entrenches the very system that hollowed out manufacturing in the first place.

Meanwhile, China will call Trump’s bluff because, frankly, he lacks alternatives. He’s betting everything, going nuclear, before he even has a viable hand to play. His approach is reckless brinkmanship, and sadly, China’s leadership appears more strategic and disciplined.

Making matters worse, Trump has systematically purged advisors who might challenge him or offer sound counsel, replacing them with sycophants. This leaves him isolated, incapable of crafting a coherent response to the high-stakes game he’s started.

I don’t think you fully grasp how precarious this situation is. Trump’s rhetoric is hollow, his strategy ill-conceived, and the stakes are enormous. If this is truly a bluff, as you suggest, then it’s a dangerous one. He’s unlikely to see it through, folding seems inevitable, unless, of course, he’s willing to gamble the financial stability of the entire economy just to “prove” something to China.

And of course, it's the people, including his base, that will have to bail him out, paying more for practically everything, while he sits back lying, saying "China" has paid billions in tariffs.

I really hope I'm wrong, because we'll suffer in that trade too, not just his supporters and the rest of the people in the US.


Excellent post.

China gets blamed for the negative outcomes  of globalisation, when "free-trade" globalization  itself - meaning no tariffs allowed - has  systemic problems not caused by any one nation.  There are winners and losers in globalisation, anf now Trump want to decouple from global trade, especially China who is condemned for "subsidizing" its industries.

Biden woke up: if you can't beat them, join them -  and began  subsidizing US industry (CHIP, IRA etc.) to the tune of several $trillions of public money...

The first few months of Trump's term will be amazing to watch...

      
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greggerypeccary
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Re: Trump and tariffs
Reply #167 - Dec 6th, 2024 at 3:21pm
 

During his first term, Trump (the rapist) imposed tariffs on imports of steel and aluminum, solar panels and washing machines, to name a few. Several countries responded with retaliatory tariffs, including China.

The effect was a fall in the long run GDP by 0.2% and a loss in employment of 142,000 full-time jobs.


A loss in employment of 142,000 full-time jobs - all thanks to Trump.
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Frank
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Re: Trump and tariffs
Reply #168 - Dec 6th, 2024 at 4:02pm
 
SadKangaroo wrote on Dec 5th, 2024 at 6:13pm:
Leroy wrote on Dec 5th, 2024 at 2:02pm:
Trump is a negotiator. America have nothing to negotiate with and have always been duped into bad deals because they have no leverage.

Trumps tariffs are there to give him some leverage when he negotiates.


So he's lying about the Tariffs?

Quote:
China's strong economy is because they leverage everything, you should know that from watching them dominate Australia.

The fat is gone from the american economy and smarter trading needs to be done if they want to stay relevant.

Canada and Mexico have feasted on weak deals from America and Trump is going to turn that around.


Neo-Liberalism, your problem is with Neo-Liberalism.

The shift to neoliberalism under Reagan, with its emphasis on free markets, deregulation, privatisation, and reduced government intervention, fundamentally reshaped the U.S. economy. Manufacturing declined as industries went global, jobs moved offshore, and economic power shifted to banking and services.

Tariffs won’t reverse this trajectory.

If tariffs are being used as bargaining chips, what is the goal? Trump claims it’s to bring back manufacturing, but where’s the strategy? Tariffs are the only tool he has articulated. How does he intend to challenge neoliberalism, the ideological foundation of the Republican Party itself?

In reality, the tariffs will likely deepen the neoliberal playbook. Deregulation will be repackaged as the "solution" to any economic fallout, with both "red tape" (labour protections) and "green tape" (environmental safeguards) on the chopping block. Rather than restoring industry, this approach entrenches the very system that hollowed out manufacturing in the first place.

Meanwhile, China will call Trump’s bluff because, frankly, he lacks alternatives. He’s betting everything, going nuclear, before he even has a viable hand to play. His approach is reckless brinkmanship, and sadly, China’s leadership appears more strategic and disciplined.

Making matters worse, Trump has systematically purged advisors who might challenge him or offer sound counsel, replacing them with sycophants. This leaves him isolated, incapable of crafting a coherent response to the high-stakes game he’s started.

I don’t think you fully grasp how precarious this situation is. Trump’s rhetoric is hollow, his strategy ill-conceived, and the stakes are enormous. If this is truly a bluff, as you suggest, then it’s a dangerous one. He’s unlikely to see it through, folding seems inevitable, unless, of course, he’s willing to gamble the financial stability of the entire economy just to “prove” something to China.

And of course, it's the people, including his base, that will have to bail him out, paying more for practically everything, while he sits back lying, saying "China" has paid billions in tariffs.

I really hope I'm wrong, because we'll suffer in that trade too, not just his supporters and the rest of the people in the US.



Inexplicably, you didn't make any of these charges against ChiComm Xi when he imposed tariffs on Australia (with whom China has a FTAl)  and on the countries. None of you pwogwessives worried about the negative impact on the Chinese voters and workers who elected Xi to be prez for life.
Or when Biden put tariffs on China for its unfair trade practices.  Doesn't that hurt Americans?


Please explain.

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Re: Trump and tariffs
Reply #169 - Dec 6th, 2024 at 4:25pm
 
greggerypeccary wrote on Dec 6th, 2024 at 3:21pm:
During his first term, Trump (the rapist) imposed tariffs on imports of steel and aluminum, solar panels and washing machines, to name a few. Several countries responded with retaliatory tariffs, including China.

The effect was a fall in the long run GDP by 0.2% and a loss in employment of 142,000 full-time jobs.


A loss in employment of 142,000 full-time jobs - all thanks to Trump.



And as soon as the people got the chance to return him with a landslide victory they did. What does that say about the dems.

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Re: Trump and tariffs
Reply #170 - Dec 6th, 2024 at 5:22pm
 
Frank wrote on Dec 6th, 2024 at 4:02pm:
Inexplicably, you didn't make any of these charges against ChiComm Xi when he imposed tariffs on Australia (with whom China has a FTAl)  and on the countries. None of you pwogwessives worried about the negative impact on the Chinese voters and workers who elected Xi to be prez for life.
Or when Biden put tariffs on China for its unfair trade practices.  Doesn't that hurt Americans?


Please explain.


The rationale behind Biden’s approach to tariffs on Chinese imports has been articulated before.

Biden chose to retain many of the tariffs initially imposed by the Trump administration, albeit with more targeted adjustments to their application and enforcement. While not significantly expanding the tariffs, his administration strategically refined them to align with specific economic goals.

For instance, tariffs on steel and aluminium products were imposed to shield domestic production from China’s overcapacity, ensuring the viability of US manufacturing. Similarly, tariffs on heavy machinery and industrial equipment aimed to support both established and emerging US industries, enhancing their competitiveness in the global market.

Furthermore, products related to semiconductors, telecommunications, and advanced manufacturing were subjected to tariffs in response to ongoing concerns over intellectual property theft and technology transfer.

These measures, while far from exhaustive, were deliberately aimed at fostering growth within critical sectors, with the long-term objective of reducing their dependency on tariffs to remain competitive. There were also national security concerns in the mix too.

Though these tariffs emerged in the wake of Trump’s failed trade war with China, Biden’s approach sought to mitigate the impact on domestic consumers.

In contrast to Trump’s broad, sweeping tariffs that will impose higher costs on consumers with limited local alternatives, Biden’s targeted tariffs aimed to protect strategic industries while limiting broader economic harm.

Trump’s rhetoric, which claimed China would bear the cost of his tariffs, despite the reality that US consumers paid the price, will be a stark departure from Biden’s more calculated strategy.

Apologies that the explanation couldn’t be condensed into a one-liner.
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Frank
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Re: Trump and tariffs
Reply #171 - Dec 6th, 2024 at 6:09pm
 
SadKangaroo wrote on Dec 6th, 2024 at 5:22pm:
Frank wrote on Dec 6th, 2024 at 4:02pm:
Inexplicably, you didn't make any of these charges against ChiComm Xi when he imposed tariffs on Australia (with whom China has a FTAl)  and on the countries. None of you pwogwessives worried about the negative impact on the Chinese voters and workers who elected Xi to be prez for life.
Or when Biden put tariffs on China for its unfair trade practices.  Doesn't that hurt Americans?


Please explain.


The rationale behind Biden’s approach to tariffs on Chinese imports has been articulated before.

Biden chose to retain many of the tariffs initially imposed by the Trump administration, albeit with more targeted adjustments to their application and enforcement. While not significantly expanding the tariffs, his administration strategically refined them to align with specific economic goals.

For instance, tariffs on steel and aluminium products were imposed to shield domestic production from China’s overcapacity, ensuring the viability of US manufacturing. Similarly, tariffs on heavy machinery and industrial equipment aimed to support both established and emerging US industries, enhancing their competitiveness in the global market.

Furthermore, products related to semiconductors, telecommunications, and advanced manufacturing were subjected to tariffs in response to ongoing concerns over intellectual property theft and technology transfer.

These measures, while far from exhaustive, were deliberately aimed at fostering growth within critical sectors, with the long-term objective of reducing their dependency on tariffs to remain competitive. There were also national security concerns in the mix too.

Though these tariffs emerged in the wake of Trump’s failed trade war with China, Biden’s approach sought to mitigate the impact on domestic consumers.

In contrast to Trump’s broad, sweeping tariffs that will impose higher costs on consumers with limited local alternatives, Biden’s targeted tariffs aimed to protect strategic industries while limiting broader economic harm.

Trump’s rhetoric, which claimed China would bear the cost of his tariffs, despite the reality that US consumers paid the price, will be a stark departure from Biden’s more calculated strategy.

Apologies that the explanation couldn’t be condensed into a one-liner.



Laughable crap.

Stimulating growth in some domestic sectors - good. In all domestic sectors  - Trumphitler.
Biden sought to mitigate - what the **** are you talking about? What is Biden's approach? And how does it mitigate?




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greggerypeccary
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Re: Trump and tariffs
Reply #172 - Dec 6th, 2024 at 7:05pm
 

I wish someone would sit Frank down and explain how tariffs work.

He's really starting to embarrass himself now.

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Re: Trump and tariffs
Reply #173 - Dec 6th, 2024 at 9:56pm
 
greggerypeccary wrote on Dec 6th, 2024 at 7:05pm:
I wish someone would sit Frank down and explain how tariffs work.

He's really starting to embarrass himself now.




This is how this one is working! Tariffs=motivation. If Mexico chooses to work with us rather than against us there will be no tariffs. That has always been the offer.

Mexican Officials Make Record Fentanyl Seizure Days After Trump Tariff Warning
President-elect Donald Trump recently threatened a 25 percent tariff against Mexico if it didn’t act to curb illegal immigration and fentanyl trafficking.



Mexican security forces said on Dec. 4 that they had made the largest fentanyl seizure in the country’s history, impounding 1,100 kilograms (1.2 tons) of the synthetic opioid in the state of Sinaloa.

Mexico’s top security official, Omar García Harfuch, said in a statement that more than a ton of fentanyl was seized by officials in Sinaloa state. Several guns were also seized, and two men were arrested, he said.

“This is an investigation that has been going on for a long time, and yesterday, it gave these results,” Mexican President Claudia Sheinbaum said at a press conference on Dec. 4, referring to the fentanyl seizures.

Violence has worsened recently in Sinaloa, where factions of the Sinaloa Cartel have been engaged in bitter fighting that flared after the capture of kingpin Ismael “El Mayo” Zambada in July.

“These actions will continue until the violence in the state of Sinaloa decreases,” Harfuch said.

Sinaloa is home to the powerful drug cartel that bears the same name and was formerly headed by longtime drug lord Joaquín “El Chapo” Guzmán, who is currently incarcerated at the ADX Florence federal prison in Colorado.

https://www.theepochtimes.com/world/mexican-officials-make-record-fentanyl-seizu...
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Re: Trump and tariffs
Reply #174 - Dec 6th, 2024 at 10:18pm
 
greggerypeccary wrote on Dec 6th, 2024 at 3:21pm:
During his first term, Trump (the rapist) imposed tariffs on imports of steel and aluminum, solar panels and washing machines, to name a few. Several countries responded with retaliatory tariffs, including China.

The effect was a fall in the long run GDP by 0.2% and a loss in employment of 142,000 full-time jobs.


A loss in employment of 142,000 full-time jobs - all thanks to Trump.


The trade war with China cost the US agriculture sector almost 1 Trillion dollars and virtually all the money collected in tariffs went to propping up US agriculture by paying for crops that were never harvested. The money never came back.

With SoyBeans for instance $890 Billion of China imports  were cancelled from the US and went to Brazil and Argentina. China is still trading Soybeans with  Brazil and Argentina, US farmers never recovered their sales numbers.
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Re: Trump and tariffs
Reply #175 - Dec 7th, 2024 at 6:22am
 
greggerypeccary wrote on Dec 6th, 2024 at 7:05pm:
I wish someone would sit Frank down and explain how tariffs work.

He's really starting to embarrass himself now.


I considered it, but as with many discussions here, he has already resolved to believe what aligns with his preconceived notions and biases.

Any opinion that diverges from his worldview, no matter how well-supported or logically sound, is summarily dismissed without consideration.

Such perspectives are neither analysed nor critically engaged with; they are simply disregarded.

After all, to entertain dissenting ideas would threaten the fragile narrative in which he, or those who share his outlook, occupy the role of the hero.
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Frank
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Re: Trump and tariffs
Reply #176 - Dec 7th, 2024 at 10:29am
 
SadKangaroo wrote on Dec 7th, 2024 at 6:22am:
greggerypeccary wrote on Dec 6th, 2024 at 7:05pm:
I wish someone would sit Frank down and explain how tariffs work.

He's really starting to embarrass himself now.


I considered it, but as with many discussions here, he has already resolved to believe what aligns with his preconceived notions and biases.

Any opinion that diverges from his worldview, no matter how well-supported or logically sound, is summarily dismissed without consideration.

Such perspectives are neither analysed nor critically engaged with; they are simply disregarded.

After all, to entertain dissenting ideas would threaten the fragile narrative in which he, or those who share his outlook, occupy the role of the hero.



Laughable crap.

Stimulating growth in some domestic sectors - good. In all domestic sectors  - Trumphitler.

Biden sought to mitigate - what the **** are you talking about? What is Biden's approach? And how does it mitigate?
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greggerypeccary
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Re: Trump and tariffs
Reply #177 - Dec 7th, 2024 at 10:31am
 
SadKangaroo wrote on Dec 7th, 2024 at 6:22am:
greggerypeccary wrote on Dec 6th, 2024 at 7:05pm:
I wish someone would sit Frank down and explain how tariffs work.

He's really starting to embarrass himself now.


I considered it, but as with many discussions here, he has already resolved to believe what aligns with his preconceived notions and biases.

Any opinion that diverges from his worldview, no matter how well-supported or logically sound, is summarily dismissed without consideration.

Such perspectives are neither analysed nor critically engaged with; they are simply disregarded.

After all, to entertain dissenting ideas would threaten the fragile narrative in which he, or those who share his outlook, occupy the role of the hero.


Yeah, that sums it up nicely.

He just doesn't want to listen.

Sad.
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Frank
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Re: Trump and tariffs
Reply #178 - Dec 7th, 2024 at 11:01am
 
greggerypeccary wrote on Dec 7th, 2024 at 10:31am:
SadKangaroo wrote on Dec 7th, 2024 at 6:22am:
greggerypeccary wrote on Dec 6th, 2024 at 7:05pm:
I wish someone would sit Frank down and explain how tariffs work.

He's really starting to embarrass himself now.


I considered it, but as with many discussions here, he has already resolved to believe what aligns with his preconceived notions and biases.

Any opinion that diverges from his worldview, no matter how well-supported or logically sound, is summarily dismissed without consideration.

Such perspectives are neither analysed nor critically engaged with; they are simply disregarded.

After all, to entertain dissenting ideas would threaten the fragile narrative in which he, or those who share his outlook, occupy the role of the hero.


Yeah, that sums it up nicely.

He just doesn't want to listen.

Sad.

Silly mongs.

You haven't said why it's wise if Biden does it but a complete disaster if Trumhitler does it.  What aspects of American industry is ok to protect with Biden tariffs and which ones must not be with Trumhitler tarrifs?

Well, go ahead, I AM listening.

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Re: Trump and tariffs
Reply #179 - Dec 7th, 2024 at 11:09am
 
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