Crosscutters
Well-Known Member
Stock market futures down over 1000.
Trump Tariffs has Countries ready to retaliate?
- Thread starter Over70irregs
- Start date
Doublestandards
Well-Known Member
I posted this on the trump 2024 but I’ll put it here also. I’ll admit I don’t know much about it, just repeating what I read
I found this information on conservative forum
“Can someone please tell me why the tarrifs are unfair?” With the graph posted
Because the "Tariffs Charged to US" numbers are fake. They are using the trade deficit as a percentage of exports, not tariff rate + non-tariff barriers as they claim.
NY Post confirms - we are charging tariffs based on our trade deficit with these countries, not on tariffs they are imposing on US goods.
nypost.com
I found this information on conservative forum
“Can someone please tell me why the tarrifs are unfair?” With the graph posted
Because the "Tariffs Charged to US" numbers are fake. They are using the trade deficit as a percentage of exports, not tariff rate + non-tariff barriers as they claim.
NY Post confirms - we are charging tariffs based on our trade deficit with these countries, not on tariffs they are imposing on US goods.
Trump slaps at least 10% tariffs on almost all imports in ‘Declaration of Economic Independence’: ‘Half of what they are charging us’
President Trump declared a national emergency Wednesday to impose his sweeping “Liberation Day” tariffs on all imports — with a new 10% baseline rate and harsher levies on dozens of oth…
nypost.com
I hope it's five thousand points
Thebrownblob
Well-Known Member
I hope you enjoy it
newfie
Well-Known Member
still some work to do but a lot of countries are or have dropped to 10 percent. Israel is still showing 37 percent when they recently announced no tariffs. I think trump is slowly getting the even playing field he is working towards.
newfie
Well-Known Member
He didn't just announce it today like no one knew. He's been talking about it for months. He's been writing about it for decades. He showed he was serious about tariffs the first time around . He's had endless speeches about just how unfair these countries are to us and how our past leadership allowed it to happen.
it shouldnt be a surprise to anyone. the end result is we'll be at 10 percent with everyone or we'll be at 100 percent with some of them and 10 percent with most. in any case what they do to us they will recieve in return. it may be the most just way of applying tariffs there is.
when you look at what the stock market does while all this is getting settled out keep in mind Trump has committments now for close to 6 trillion dollars of new investment in our country . that is a direct reaction by smart corporate leaders taking action to avoid those tariffs by building it here rather than somewhere else. Trumps tariff policy created that new investment .
newfie
Well-Known Member
looks like its calmed down for now. from here i would think we'll see countries start lining up and as they do there will be a rebound. china is going to be interesting. Trumps formula includes currency manipulation and thats generally how the chinese avoid the pain of tariffs.
Doublestandards
Well-Known Member
KearsargeCoop
Baseball, dart board
More years?
Over70irregs
Well-Known Member
Our $ did a long time ago.
fishtm2001
Well-Known Member
On Bluesky, columnist Brian J. Karem posted, "NOW: According to Trump the Great Depression would have never happened if we had tariffs in 1929. WE DID! AND worse, President Hoover signed the Smoot-Hawley Tariff Act into law in 1930, which raised import duties by an average of 20%. International trade suffered."
Aaron Reichlin-Melnick, senior fellow at the American Immigration Council, wrote, "Trump just claimed the Great Depression wouldn't have happened if we still had tariffs. I..."
"Trump claims lack of tariffs caused the Great Depression. All the free-trader economists' heads are going to explode," posted Bloomberg's Steven T. Dennis, while The Financial Times' Alan Beattie posted, "Trump thinks that cutting tariffs caused the Great Depression. I mean it's a view I guess."
Aaron Reichlin-Melnick, senior fellow at the American Immigration Council, wrote, "Trump just claimed the Great Depression wouldn't have happened if we still had tariffs. I..."
"Trump claims lack of tariffs caused the Great Depression. All the free-trader economists' heads are going to explode," posted Bloomberg's Steven T. Dennis, while The Financial Times' Alan Beattie posted, "Trump thinks that cutting tariffs caused the Great Depression. I mean it's a view I guess."
Thebrownblob
Well-Known Member
newfie
Well-Known Member
dont get bluesky upset they'll send the dynamic trio AOC, Jasmine and Bernie after youSomeone on Bluesky doesn't like Trump?
tourists24
Well-Known Member
so show us the real numbers. Are we overcharging them compared to us?
Wally
BrownCafe Innovator & King of Puns
If we are to follow the Palestinian support model, South African should cede territory so the minority population can live in peace.
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