Trump Tariffs has Countries ready to retaliate?

[Doublestandards]

It's fine if reciprocal tariffs are actually reciprocal tariffs. But they're not actually reciprocal tariffs if they're based on a made up percentage that Trump says we're being tariffed at when we're not.

someone here (@Doublestandards) made the argument that trumps columbia numbers were made up and that columbia was at zeo tariffs. i do a search and find out that columbia charges a 19 percent VAT tax which is a tariff tax like any other. I'm not going down that rabbit hole. of trying to argue that trumps numbers are made up. i told you before specifically what they are looking at per their explanation. I dont have the expertise to argue with their numbers and neither do you.

That vat tax is a consumption tax and exempt when exporting to other countries

 

[Doublestandards]

@newfie how do you explain the new 50% tariff on Vietnam, when they had a 1% tariff on us and we bought $150 billion from them

How does that fit into the reciprocal tax explanation?

 

[El Correcto]

i have heard from leaders on both sides for fifty years say this is exactly what we should do. you've seen the video's of pelosi her saying the same stuff 30 years ago. if you're going to do true reciprocal tariffs then that is a complete revamp of how we have done tariffs in the past . in the past we basically did charity work where we allowed other countries to screw us to prop up their economies, governments or to gain political favor. what your now seeing is a battle of the MAGA's. Every other country has taken the position that they will help their countries first by setting tariff policy that protects their countries industries that are most fragile to outside competition. in reality we're now doing the same thing and we're late to the party.

A lot has changed in 30 years technology wise. Most those jobs are not coming back.

This plan was done in a very bad manner, not in the manner democrats would have done. It’s antagonistic nationalist garbage.

Comparing this stupidity to what democrats hoped to accomplish decades ago in the past is very disingenuous.

 

[El Correcto]

All you’re left with is higher taxes for the working poor, not better jobs for the uneducated and an excuse to afford billionaire’s tax cuts at the same time.


This is absolutely going to decimate the working poor in this country.

 

[Thebrownblob]

All you’re left with is higher taxes for the working poor, not better jobs for the uneducated and an excuse to afford billionaire’s tax cuts at the same time.


This is absolutely going to decimate the working poor in this country.

So they will still be poor?

 

[vantexan]

It’s just embarrassing at this point. When they lose the elections they were rigged and stolen. When they win it’s what the American people wanted and the elections were too big to rig. Now they’re saying the Wisconsin elections were rigged

When stock market is up it’s because Trump is a genius. When they’re down it’s because Trump is a genius.

A lot of good people who vote for Trump. A whole lot of cult members also though

Hey, who was running the country during the last four years?

 

[vantexan]

All you’re left with is higher taxes for the working poor, not better jobs for the uneducated and an excuse to afford billionaire’s tax cuts at the same time.


This is absolutely going to decimate the working poor in this country.

Chicken Little has spoken.

 

[vantexan]

Same. I'm not gonna start loving leftist insanity or anything but I am pretty butthurt about how the tariffs are being done. Pass the Vaseline.

Now don't start Vaselining.

 

[vantexan]

It’s just embarrassing at this point. When they lose the elections they were rigged and stolen. When they win it’s what the American people wanted and the elections were too big to rig. Now they’re saying the Wisconsin elections were rigged

When stock market is up it’s because Trump is a genius. When they’re down it’s because Trump is a genius.

A lot of good people who vote for Trump. A whole lot of cult members also though

Yah, and if we support Trump we're in a cult.

 

[Crosscutters]

I thought dems loved taking action that helps and supports our union workers?

But it won’t. It will be way too expensive for most things to move back here. Labor costs alone will kill them. Better just to pay the tariff and pass it along to the consumer.

 

[Doublestandards]

So they will still be poor?

And a lot more will join them

 

[newfie]

Hey, who was running the country during the last four years?

oopsie

 

[Darmark7]

What happened to the old Democrat way of thinking

 

[newfie]

That vat tax is a consumption tax and exempt when exporting to other countries

tariffs are the same thing. they're both designed to make items you import more expensive to give domestic products an advantage. I've paid both . if you dont know what you're talking about its better you just move on.

 

[newfie]

But it won’t. It will be way too expensive for most things to move back here. Labor costs alone will kill them. Better just to pay the tariff and pass it along to the consumer.

don't argue with me argue with the union leadership that is thrilled to death with these tariffs

 

[newfie]

oe Biden, June 11, 2007 (Senate Foreign Relations Committee Hearing):
"We’ve got countries hitting us with tariffs three, four times higher than what we charge them. It’s not a level playing field—it’s a steep hill our exporters have to climb while their goods roll right into our markets. That’s got to change if we’re serious about fairness."

 

[Doublestandards]

oe Biden, June 11, 2007 (Senate Foreign Relations Committee Hearing):
"We’ve got countries hitting us with tariffs three, four times higher than what we charge them. It’s not a level playing field—it’s a steep hill our exporters have to climb while their goods roll right into our markets. That’s got to change if we’re serious about fairness."

So why are putting a tariff on countries with little to no tariff on us that we have a trade surplus with? Why do you keep ignoring that

 

[newfie]

So why are putting a tariff on countries with little to no tariff on us that we have a trade surplus with? Why do you keep ignoring that

sorry i have answered that i guess you forgot , because you answered my answer

trumps working toward his plan to elect more funding from foriegn trade and less from the taxpayer. try to keep up . i wont be able to advance you to the next grade if you cant retain what i taught you in this one.

 

[Doublestandards]

sorry i have answered that i guess you forgot , because you answered my answer

trumps working toward his plan to elect more funding from foriegn trade and less from the taxpayer. try to keep up . i wont be able to advance you to the next grade if you cant retain what i taught you in this one.

But that money gets passed on to the taxpayer in the form of higher prices from the seller, who will raise prices to offset the cost of tariffs

As Warren Buffett says “who do you think pays the tariffs? The tooth fairy?”

 

[vantexan]

But that money gets passed on to the taxpayer in the form of higher prices from the seller, who will raise prices to offset the cost of tariffs

As Warren Buffett says “who do you think pays the tariffs? The tooth fairy?”

You know what's funny? You're making the same argument that Republicans make against raising taxes. Who do you think pays the taxes? The consumer, not the company who passed along the taxes in higher prices.