Tariffs

[ThisLadyHunts]

If they tariff us; then tariff them. It's easy.
Kinda like Trump told the hoothis... stop shooting at ships and we'll quit bombing your azz.

Placing tariffs on both sides equally in order to “cancel
each other out” takes money out of the hands of individual consumers and funnels it to the government. It is better known as “redistribution of wealth” and it is but one of the many ways a government can do this.

[BrianL]

Saw this some weeks back when it started & if the GDP gap is accurate??


https://x.com/Rainmaker1973/status/1907745772084367580

Other variable is everyone knows Trump will only be in office 4 years. If a company wanted to build a plant in the US to overcome increased tariff cost, what are the odds that the next President would have same tariff policy. Wait it out or commit to a 5-10 year plant construction...

[powderburner]

force tariffs. Drive down stock market. Force people to buy bonds. interest rates drop. Refinance the 9trillion that is set to refinance in the debt. You now have a lower note and lower interest rate on the money we owe. Reverse the tariffs and drive the market back up. Winner winner.

[Hunteraudit]

Onshoring the manufacture of many of the things we import is a pipe dream. Even with a 50% tariff, it’s still cheaper to import from China than to produce domestically, in my estimation. To have real movement on domestic manufacturing, the tariffs would need to be significantly higher and have some permanence.

[Hunteraudit]

force tariffs. Drive down stock market. Force people to buy bonds. interest rates drop. Refinance the 9trillion that is set to refinance in the debt. You now have a lower note and lower interest rate on the money we owe. Reverse the tariffs and drive the market back up. Winner winner.

Ahh yes, the chess master in chief’s real plan!

[dosrobles]

Onshoring the manufacture of many of the things we import is a pipe dream. Even with a 50% tariff, it’s still cheaper to import from China than to produce domestically, in my estimation. To have real movement on domestic manufacturing, the tariffs would need to be significantly higher and have some permanence.

This

[BrianL]

force tariffs. Drive down stock market. Force people to buy bonds. interest rates drop. Refinance the 9trillion that is set to refinance in the debt. You now have a lower note and lower interest rate on the money we owe. Reverse the tariffs and drive the market back up. Winner winner.

Problem with that is it will cause rates to go up, not down. And China could stop buying US debt causing even higher rates. China is the second largest(Country) that purchases of US debt.

[donpablo]

I'm shocked at a lot of the things that presidents have been doing by themselves but sadly if they weren't able to nothing would happen with the way congress works on things.

Yes, my hope is that just before Trump takes office he and the Congress knee-cap the executive order making them temporary without congressional approval along with a short time period for them to do so and make it so the EO could not be repeated within 4 years. That would be the best thing achieved by his presidency. I know little would happen if left up to Congress but I've been enlightened and now understand that anytime Congress gets something done it costs the American people money.

[Txhunter3000]

Onshoring the manufacture of many of the things we import is a pipe dream. Even with a 50% tariff, it’s still cheaper to import from China than to produce domestically, in my estimation. To have real movement on domestic manufacturing, the tariffs would need to be significantly higher and have some permanence.

This^^^^

[Stuck]

The US is a country of consumers, we buy everything we want, our poor lives better than most average citizens in other countries. Hell, I'm "middle class" and want for nothing short of buying more land. It wasn't that long ago the this country fed the world with our crops and manufactured numerous products shipped around the world. What changed? It became cheaper to let other countries manufacture products and ship them here, now we produce very little. Maybe these tariffs will bring jobs and manufacturing back to the US and where we can become producers and consumers. I know the direction we were going was not a winning scenario in long run. If I rely on you for everything I need, you have total control over me.

[Bassdeer]

If tariffs are so bad why does every country have them on us?

[BigE]

It’s going to get worse before it gets better. But in the end the United States will be stronger and better for it.

[Hunteraudit]

If I rely on you for everything I need, you have total control over me.

True; this is what I’d hoped Trump would try to combat with tariffs. Strategically identify things we can’t afford to not have control of (think pharma, semiconductors, ag, etc.) and make their import not make financial sense. Force their domestic production. Instead, we now get to pay more for everything and, as Thisladyhunts observed, redistribute wealth from American consumers to USG payees.

[BrianL]

If tariffs are so bad why does every country have them on us?

So their gov't can get more taxes out of their citizens, and disguise it as a protection.

[Bigcoyote]

It’s going to get worse before it gets better….

…said the captain of the Titanic

Sorry. Recently retired and I can’t help being concerned how all this is going to play out.