There is the legal question of whether Trump actually has the power to set all these tariffs since congress only gave the president power to set tariffs in emergencies. That is being challenged in court right now but if SCOTUS ends up giving Trump a wide berth for tariffs then letting it play out is indeed how it is going to work. Maybe Trump will learn his mistake and change course, maybe republicans will lose congress, the voters will have a say.

Is 100 days too early to call his tariffs a mess? I don't think so but if in 2-3 years we see substantial benefits that outweigh the negatives I will freely admit Trump was right. In the meantime, the numbers aren't pointing in his favor.

What mistake?

If he doesn't have the authority, why are other nations cutting deals and meeting with him?  Why don't they tell him to piss off cause what he's doing is illegal? That would be the easiest way to win a trade war, instead of increasing your countries tariffs in retaliation.

What mistake?

If he doesn't have the authority, why are other nations cutting deals and meeting with him?  Why don't they tell him to piss off cause what he's doing is illegal? That would be the easiest way to win a trade war, instead of increasing your countries tariffs in retaliation.

The mistake that his tariffs were going to make things better for Americans.

Why are other nations cutting deals and meeting with him? Thats like asking why the nerd gives his lunch money to the bully when he asks for money, it is minimizing the damage by cutting a deal because they can't stand up to us on an economic level. Keep in mind that at one point the Trump administration said the tariffs were not about negotiations

The mistake that his tariffs were going to make things better for Americans.

Why are other nations cutting deals and meeting with him? Thats like asking why the nerd gives his lunch money to the bully when he asks for money, it is minimizing the damage by cutting a deal because they can't stand up to us on an economic level. Keep in mind that at one point the Trump administration said the tariffs were not about negotiations

Tell me you have selective memory and don't understand what's been going on, without stating it.

Wow, enter bad example of the day. 

More wins for the USA. MAGA

funny. A person who knows jack shit about basic economic principles gives a poor example of how tariffs work, starts a new thread about tariffs. Idiocracy.

funny. A person who knows jack shit about basic economic principles gives a poor example of how tariffs work, starts a new thread about tariffs. Idiocracy.

Some people crave attention.

Trumps tariffs are proving to be a disaster. I didn't support his tariff plans in the beginning but I figure he deserves the benefit of the doubt, maybe the author of the art of the deal knew what he was talking about and could actually make it work.

But Trump isn't making it work, he is just making a mess. He is making a mess of the markets and international trade, he is pissing off allies, and making impossible and unrealistic promises of jobs returning to America. He isn't on the same page as his administration, flip flops on the purposes of the tariffs, and flip flops on whether there are going to be exemptions. Trump even insulted his own trade agreement from his first term in office.

And to make things worse, his die hard supporters are never going to admit he messed things up because they will always find a different way to point to failure as a success. They will add another dimension to his chess board to justify the damage Trump is causing.

Hope that statement isn't too soft for your liking.

Maybe I'm not a die hard supporter, and I see the current effect of the tariffs. I still support them, and hope the effect turns around sooner rather than later. He wasn't wrong, other countries, have been tacking on tariffs. even our allies. President Trump just wants tariffs to be fair, or beneficial to Americans. Get rid of all tariffs.  Problem solved. In the long run it may be the only time in History where our politicians took actions for us. They may work, they may not. I'm hoping for the best. At least The US isn't just laying on our backs letting the other countries screw us over little by little. My argument is the people trying to say because there isn't skyrocketing success the first day, they are saying how evil Trump is. The same people that were ok with 9% inflation, and rising inflation year after year. You gave Biden 4 years to prove his plan was a disaster, guess you need to give Trump a little time. I'm guessing until the mid terms.

I never thought The Atlantic would publish the larger truth, but here it is.

Contrast economists’ disdain for tariffs with their enthusiasm for carbon taxes.
Taxing carbon would make many things more expensive for consumers, but
economists embrace it as an elegant way to reduce emissions. Imposing a cost
on a category of economic activity cannot be inherently foolish in one case
(tariffs) and brilliant in another (carbon taxes). The question must be whether
imposing that cost would be worth the benefits that it brings.

The second big trap economists fall into when discussing tariffs is an obsessive
and uncharacteristic focus on short-term consequences. In most situations,
economists encourage people to think about long-term impacts, taking into
account how the various affected parties will react to a policy and adjust over
time. Will a free-trade deal cause factories to close? Yes, economists concede—
but in the long run, they argue, the efficiency gains created by free trade will
lead to new and better jobs.

https://www.theatlantic.com/politics/archive/2024/09/economic-arguments-tariffs-trump/680015/

His Tariffs are stupid.  If he gave people time to move their factories that's one thing but the way he did it will only increase prices and cause shortages.

Short term pain, long term gain. Trillions are already being invested in America.

His Tariffs are stupid.  If he gave people time to move their factories that's one thing but the way he did it will only increase prices and cause shortages.

You can't undo decades of trade imbalance in 3 months and with no growing pains.  It took a very long time for manufacturers to move their businesses overseas.  It'll take time to bring them back.

I see you like to use the word stupid.  it's because you can't have an adult discussion whenever your TDS kicks in.  Sad, really.

That's a personal problem for which you might want to seek professional help.  Otherwise, you'll be sitting in the corner drooling on your diapers mumbling how you can't believe Trump's stupid ideas made America great again!

 

China blinked, 40 billion in tariffs either removed or lowered.  I didn't get to read the full article yet. 

The media has to be very careful as well how they report stories.  China is about saving face, so "hahah we got you" type headlines could derail things.  But then again, the fake news isn't know for their honest titles either.

China blinked, 40 billion in tariffs either removed or lowered.  I didn't get to read the full article yet. 

The media has to be very careful as well how they report stories.  China is about saving face, so "hahah we got you" type headlines could derail things.  But then again, the fake news isn't know for their honest titles either.

We are one step closer to libs waving the CCP flag and chanting "Hands Off China"

https://www.dailywire.com/news/china-feels-the-pain-exempts-40-billion-worth-of-u-s-imports-from-tariffs

Tell me you have selective memory and don't understand what's been going on, without stating it.

Wow, enter bad example of the day.

Still waiting for a rebuttal

Maybe I'm not a die hard supporter, and I see the current effect of the tariffs. I still support them, and hope the effect turns around sooner rather than later. He wasn't wrong, other countries, have been tacking on tariffs. even our allies. President Trump just wants tariffs to be fair, or beneficial to Americans. Get rid of all tariffs.  Problem solved. In the long run it may be the only time in History where our politicians took actions for us. They may work, they may not. I'm hoping for the best. At least The US isn't just laying on our backs letting the other countries screw us over little by little. My argument is the people trying to say because there isn't skyrocketing success the first day, they are saying how evil Trump is. The same people that were ok with 9% inflation, and rising inflation year after year. You gave Biden 4 years to prove his plan was a disaster, guess you need to give Trump a little time. I'm guessing until the mid terms.

The problem is that Trump's claim that he just wants the tariffs to be fair is disingenuous. The rates he is placing on countries is not matching the tariffs those countries are placing on us. If only it were the case of a matching tariff for tariff I would not see so much a problem

I wouldn't say get rid of all tariffs, I think it is reasonable to have tariffs on some specific items to incentivize those items being made here. Case in point, so many medical goods were made in China and we faced shortages during Covid.

There is the whole issue of the president not having the power to place the tariffs either but that is separate from whether the tariffs are good or bad. 

You can't undo decades of trade imbalance in 3 months and with no growing pains.  It took a very long time for manufacturers to move their businesses overseas.  It'll take time to bring them back.

I see you like to use the word stupid.  it's because you can't have an adult discussion whenever your TDS kicks in.  Sad, really.

That's a personal problem for which you might want to seek professional help.  Otherwise, you'll be sitting in the corner drooling on your diapers mumbling how you can't believe Trump's stupid ideas made America great again!

 

Are you incapable of letting a thread be cordial?

Still waiting for a rebuttal

Still waiting for you to review threads since you forgot what you feel. That will answer you question.

The problem is that Trump's claim that he just wants the tariffs to be fair is disingenuous. The rates he is placing on countries is not matching the tariffs those countries are placing on us. If only it were the case of a matching tariff for tariff I would not see so much a problem

I wouldn't say get rid of all tariffs, I think it is reasonable to have tariffs on some specific items to incentivize those items being made here. Case in point, so many medical goods were made in China and we faced shortages during Covid.

There is the whole issue of the president not having the power to place the tariffs either but that is separate from whether the tariffs are good or bad.

Doesn't understand "art of the deal".

So if we minus China and Canada, a lot of countries have came to the bargaining table to ease the tariffs on both ends.

We use way more stuff from China than Canada and China has took the 1st step to making a deal, see above.

Canada, we don't really rely on them like how we rely on China.  This is a separate issue as China has solidified their economic power for decades. At this point, Canada is just playing hard ball cause orange man bad. Proof, look at their travel advisory that has nothing to do with the normal weather, terrorist, viruses, etc...

***Edit

I would call this a win as most of the other countries are re-negotatiing.  Most recent, India has offered to replace China.  But that's trading 1 sweat shop for another.

This tariff war isn't an all or nothing as the fake news is making.  They are printing headlines that China and Canada must be "won" or Trump man bad.

Are you incapable of letting a thread be cordial?

How is calling something "stupid" cordial?