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Tariff Discussion

5.6K views 86 replies 19 participants last post by  2006m5  
#1 ·
As I've mentioned numerous times in many other threads, I am EXTREMELY stupid, so keep that verifiable fact in mind when reading below. That does not mean, however, that you should formulate answers and discussion in a way that I can comprehend, hopefully other individuals with higher intelligence will participate, so feel free to use big words and complex concepts.

So, Trump is rolling out his Tariffs which we knew he would, and which many of us were happy about. We assumed China.

The Chinese have been undercutting prices (mostly because US companies send work there to undercut prices, which is irony in itself) which causes domestic factories to close and economy suffers. Introduce Tariffs, domestic companies can once again compete due to pricing and people get jobs, shuttered factories open, more tax revenue, etc. Yes, prices go up, but the overall wealth stays within the US.

This seems to also be true for Mexico. Many many companies, auto manufacturers, steel fabricators, etc have been building plants in Mexico to take advantage of low labor costs, minimal environmental regulations, and avoid shipping costs/delays of china manufacture. Makes these companies re-think their south of the border shenanigans. I do feel this will cause food prices to rise because a lot of our food comes from mexico, not because of the cheap labor, but because it is near impossible to grow certain things here. We will see how that rolls out.....avocado toast might be getting more expensive....and I do enjoy tequila. lol

But....why Canada? Most of the things they make are more expensive than domestically produced things. They don't make cars.....I'd assume we export more to Canada than we import (Though I don't know). So why the Tariffs? Canada has a lot of issues, and I feel for their people as they are being increasingly oppressed and increasingly taxed....this doesn't seem like it will be good.

Also, didn't Hoover impose widespread tariffs which were one of the reasons we slid into the great depression? He also campaigned on cheap food on every table which is disturbingly familiar to recent campaigns.

So....thoughts? Help me understand?

Thank you.
 
#2 ·
I'm not enomist but what the very brief podcasts I've listened to it would appear the speculation is trumps ultimate goal would be some type of north American union with the US currency either replacing the canadian dollar or valuing the Canadian dollar at par with the US. Similar to the euro in the EU.
Also why he keeps referring to canada as the 51st state.

In exchange he would get access to our oil reserves, minerals from our mines and lumber among other things.

As a Canadian I'm not seeing much downside. Our dollar sucks, our military is a joke, we have more natural resources then we can even refine. If we have to trade our resources for a union of sorts, I'm in.

The other point is with so much exports coming from China, it's about time canada and the USA consider bringing manufacturing in-house. It's all good when everyone plays nice in the sandbox but God forbid sh!t ever gets going with China 🚀 North America is screwed if we don't figure out our manufacturing and supply chain.
 
#4 ·
A true Canadian patriot wouldn't support giving up our sovereignty for a so-called North American union. Trump calling Canada the "51st state" is just rhetoric, not a real plan. Handing over control of our oil, minerals, and lumber to the U.S. isn’t a win, it’s selling out. Yes, our dollar is weak and our military isn't the biggest, but that doesn’t mean we should trade our independence. If we want to fix manufacturing and supply chains, we do it as Canada, not as America’s extension.
 
#3 ·
I hate to say it, but unless you're a billionaire and in Trump's inner circle, you're going to get screwed. Sure, tariffs will hit Canada and Mexico hard and drag down GDP, but they'll also damage the US economy. Prices for goods will rise, which means inflation will go up, and there will be job losses in industries that depend on imports. This nonsense Trump peddles about moving manufacturers to America is horseshit.

Take the automotive industry. It would take years and billions of dollars to relocate manufacturing plants to the US. And even if that happened, US workers cost more, which means that $50K American-built SUV would likely jump to $70K just to cover labour costs. Let's not forget that the US relies on imports for raw materials and minerals, so guess what? Increased tariffs mean Americans will pay more for those too.

For the life of me, I don’t understand Americans. They bitched about things being expensive under Biden, yet they're somehow fine with a 25% tax on goods and a 10% tax on oil and energy. It blows my mind how a country that prides itself on being a superpower can be so self-destructive and stupid.

So in a nutshell, will tariffs bring back US jobs? Nope. Will they cause job losses? Yup. Is it good news for consumers? Nope. So who benefits from these tariffs? The rich, because they’re going to get massive tax breaks while the 99% foots the bill.
 
#7 ·
To answer your question is very complicated and truly speculation with evidence if you search the answers. Why Canada?
He has many....I mean many reasons why. One being he was humiliated by Trudeau's party and even he exchanged words. This is a big factor imo, he is doing in revenge.
But him bringing up the 51st state and all that, thats the sharpen knife no one truly knows why until its bloody at the end. From a distance, thats his way of mocking an entire country. Really sad, and nasty for politics either way. The entire picture might appear clear if you put the idea he really does want to run uhh the country forever. He can slip in a bill or act or law or whatever power if usa does conquer ... i mean form CA under US. Look up how FDR was able to do that and uhh sorta Truman extended that.
The MX thing, well thats just making our Dollar stronger to buy things around the world on expense of including CA and MX in the tariff war. But they just retaliated? oopps. Pretty sure he didn't see that coming.But notice MX still hasn't said whats there next move? but theres large ARMY presence at specific border locations that appeared in past days before the announcement. Seems like he was predicting some groups of people were going to sneak things in last minute..
Again all truly a speculation of what is really going on.
He already kicked out all the hard workers doing the heavy work, and now all these companies will be spending less on payroll, but less work to be provided because things will get expensive...sorta odd if you ask me, almost like predicting these sectors might of enlarge their Aid bill when economy starts crashing down if they had more mouths to feed in their job sites.
So maybe the crash does need to happen in order for him to rebuild it his way...
 
#8 ·
You're giving Trump too much credit. He’s not a smart businessman; he’s a con man. He’s using the 'divide and conquer' technique, which will eventually backfire. China is surpassing America on every technological front, take the New Jersey drones as an example. They’re Chinese drones that the U.S. can’t take down or AI. Yet Americans are too busy worrying about renaming the Gulf of Mexico to 'America.' It’s beyond comical.
 
#9 ·
He renamed it because all the environmental laws protecting from drilling into the Gulf of Mexico is written in just that. Loop hole created by renaming it. Congress is scrambling to rewrite and update those laws and fighting each other over it.
 
#12 ·
Tarrifs force

protection of domestic industries ( this is one reason for it )by doing that it encourages companies in the USA to build more here. The us is known for having a huge trade deficit The us has more import than export. The goal is to have more us jobs and strengthening. Forcing tariffs is great negotiation strategy because you’re using it against opposing countries for pricing and reducing trade barriers. It’ll cause them to reduce price or face penalty. ( going on with Canada now ) forced other countries to trade better and give better options as well. Hope that helps out

Tarrifs are a real good idea Now the % of it would matter and who they’re taxing. The ultimate goal is to use Us factory’s though on demand. Grow the economy within.
 
#13 ·
That's AI talk and means nothing in the real world. Tariffs only work in theory if you can make manufacturing competitive, not just domestically, but also internationally. We're all hooked on cheap goods; no one wants to pay extra, and in fact, most people don't have the resources to do so.

And you can't force countries into better trade deals through brute force. Eventually, these countries will shop around their exports and find new trade partners. Americans really need to educate themselves before jumping on the MAGA bandwagon. In the long run, everyone suffers, except for the billionaires
 
#14 ·
MAGA bandwagon? That was me typing not AI for starters but tell me you don’t know anything. If the country doesn’t want the tariff by force then they open to negotiating. Fortunately for us the Us is the largest import country so all those country’s kind of need us for there economy. If these countries like Mexico etc don’t have the us buying from them what do you think happens to there economy?? What you say doesn’t make sense..
If united states is the #1 Import country then that gives us the most room for negotiation and those countries will be forced to participate or be broke. Please educate yourself on Tarrifs and trumps plan and stop with the Kamalaharris bandwagon because that wagon lost its wheels when Biden was in office and couldn’t even get pulled by the Donkey Kamala Harris is. Democrats are over for the next decade. Yall never will win again. Thank god
 
#16 ·
And speak for yourself …. “ we “ are not all hooked on cheap stuff. I always buy the best and personally look for American products when shopping. Most owners in this page who care about themselves also afford to have the better things. You obviously use Temu which is okay but don’t group everyone with cheap cause you do it. Wait to see how the economy improves and government does before trying to spread liberal media lies more. You lost.. get over it
 
#17 ·
First off, tariffs aren’t some magic “force them to comply” button. They’re taxes on imports, which means American businesses and consumers end up paying more. That’s why tariffs on Canada and Mexico hurt the U.S. too, those are two of our biggest trading partners, and supply chains are deeply integrated. Slapping tariffs on them raises costs across industries, from manufacturing to agriculture. No idea why this is so hard for you to understand and why you keep posting BS far right talking points.

As for “forcing” countries into trade deals,yeah, that’s not how it works. Countries retaliate with their own tariffs, shift trade elsewhere, or negotiate with leverage of their own. The U.S. might be the biggest import market, but other countries aren’t just going to roll over because you say so. That’s why past tariffs led to lost jobs and higher prices in the U.S. Look up the 2018-2019 trade war if you need a refresher. Go further and check how many U.S. steel jobs were lost when Trump added tariffs on steel while increasing domestic steel production.

And speak for yourself because "we" includes plenty of people who understand basic economics. Tariffs aren’t about “cheap stuff”; they’re about supply chains, manufacturing costs, and economic impact. Even if you only buy American, plenty of industries rely on imported materials, and tariffs raise costs across the board. That affects businesses, jobs, and prices including for the “better things” you claim to buy.

Also, nice assumption, but I don’t use Temu. Maybe try arguing with facts instead of making **** up. And if you’re so confident about the economy improving, let’s check back when the numbers roll in because last time tariffs were slapped around, they backfired.

Btw, calling someone a snowflake while bringing up Biden and Harris, who aren’t even in office anymore? Classic. 🤣😂
 
#21 ·
Well, I have faith that DT will succeed.
I also love the External Revenue Service idea.

Just read one of Canada's retaliations to the tariff is to ban USA liquor brand sales.
Ya, that will get the Canadian people supporting their government. :)
 
#22 ·
These retaliations are what is most disturbing. Seems they are causing headlines and people heads to explode.

-Canada
--Ban certain things from USA 100%
--25%+ Tariffs on US imports....ONLY from Red States
--Turn off power to Buffalo NY

-Mexico
--OK, so I haven't heard any weird sh!t from mexico but I'm sure there is.

Things like this takes time. The jabs from both sides (as mentioned above, trump calling canadia the 51st state etc) helps nothing.

The one constant is all of this continues to divide the populace. Remember, as long as we violently hate each other, the government can do whatever it wants.
 
#23 ·
Canada doesn’t even want the liberal government they’re stuck with. They push the crap snowflake out of office he’s resigning.. Canada should be the 51st with all the help they get. Canada is in deep right now and nobody is happy there with officials. It is turning republican as well. Nobody wants democrat liberal government anymore they’re over the woke bs. Tarrifs will fix it all up & mexico is just Mexico they will bend to the whim of whatever because they have no choice. Give it time president Trump delivers. Tariffs are good when used right & done right and they will be done right. Look around the workd
Germany is republican now
Canada moving that way
A lot of countries are absolute SICK with the woke bs. Liberals suck

Look at the trend the lib wives are “ divorcing “ husbands… they are disasters and everything needs a huge turn around.
 
#25 ·
Interesting read:
 
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#28 ·
Yup, huge victory for Trump. He basically caved to a Mexican woman who's a socialist. Talk about taking the L up the ass. And to make things worse, she made Trump admit there's a gun problem at the border, and part of the deal is for the US to stop the flow of guns into Mexico. And let's not forget the stock market crashing this morning, the turd had to quickly rescind his threats.

And for the guy above laughing off the tariffs on US liquor, go ask the state of Kentucky if they're laughing. One province in BC buys almost 50% of Kentucky bourbon, which is a massive industry in the state. I guess laughing at your fellow countrymen losing their jobs is another trait MAGA folks have.
 
#30 ·
Thank god peoples success isn’t based off political views.. otherwise you’d libs would have it so difficult but lucky for you the economy is built for everyone from all walks of life even rats like you.

the words you speak are so tremendously stupid… do you even realize the hurt the country has been in the last 4 years & the catastrophe Biden put us in but you’re blaming Trump after 2 wks ? 😂 TDS is so real..

I can only imagine the 2 liberals talking bs here are just watching joy reid or cnn all day on re runs and that’s where you get your info from. Hopefully you seek help and if not the next 2 decades of republican office is real going to bother you guys.
 
#35 ·
Manufacturing will not come to the USA until we get rid of the strict labor laws and minimum wage. Not everywhere in the USA requires high pay (“living wage”) to survive. There are still rural west Texas and Midwest spots where you can get a decent house for 65k. Even parts of rural California you can find low cost living. There’s just no jobs in those areas. Build a plant in these areas along the major highways and allow low pay workers to thrive in their own communities.

As for tariffs, other countries still need us for their trade. I’m sure they’ll find a way to be competitive and drop prices on their end to account for the tariffs. Ends up being a wash for the American consumer.
 
#36 · (Edited)
In the past 4 years under liberal woke ass DEI BULLSHIT, the US has seen its borders ripped wide open. Tens of thousands of murderers, rapist and pedos were sent to America from Venezuela and other countries.

we also saw an average of 90,000 US citizens DIE from drug over doses every year… Vietnam all over again.

now, these tariffs are a direct order to China, Mexico and Canada to stop their cartels from poisoning OUR CITIZENS.

all the power to Donald J Trump! That’s why we voted for him.

mark my words. If Mexico doesn’t shutdown their fentanyl factories, the US will bomb those factories.

fyi, fentanyl ingredients are made in China, sent to Mexico to be made into fentanyl, then moved across our southern border.

why is Canada in this? Cartels are now moving their goods to Canada by boat, then entering our northern border.

besides the above, these tariffs are a NOTHING BURGER.

Trump via DOGE will TEAR APART corruption in all facets of our government

$50 million for condoms in Gaza
$200 million for gender equity in Pakistan.
Thousands to see if shrimp will use a treadmill
Thousands for a TRANS comic book for Peru
$100 million for terrorist orgs in the middle east
The list goes on

 
#38 ·
In the past 4 years under liberal woke ass DEI BULLSHIT, the US has seen its borders ripped wide open. Tens of thousands of murderers, rapist and pedos were sent to America from Venezuela and other countries.

we also saw an average of 90,000 US citizens DIE from drug over doses… Vietnam all over again.

now, these tariffs are a direct order to China, Mexico and Canada to stop their cartels from poisoning OUR CITIZENS.

all the power to Donald J Trump! That’s why we voted for him.

mark my words. If Mexico doesn’t shutdown their fentanyl factories, the US will bomb those factories.

fyi, fentanyl ingredients are made in China, sent to Mexico to be made into fentanyl, then moved across our southern border.

why is Canada in this? Cartels are now moving their goods to Canada by boat, then entering our northern border.

besides the above, these tariffs are a NOTHING BURGER.

Trump via DOGE will TEAR APART corruption in all facets of our government

$50 million for condoms in Gaza
$200 million for gender equity in Pakistan.
Thousands to see if shrimp will use a treadmill
Thousands for a TRANS comic book for Peru
$100 million for terrorist orgs in the middle east
The list goes on

That’s right You tell those snowflakes. 😂
 
#39 ·
$50 million for condoms in Gaza
$200 million for gender equity in Pakistan.
Thousands to see if shrimp will use a treadmill
Thousands for a TRANS comic book for Peru
$100 million for terrorist orgs in the middle east
The list goes on

don’t forget the congress fund for all the democrats that touch little kids and fund the hush money. Think they said it’s 500 million+ in stash for them to use to hush victims.