Trump Tariffs

Tariffs have their place as a tool. Not all tariff actions are equal in size, scope, purpose and impact. I am sure @ElimiGator knows that.

 

The Trump tariffs were so bad yet Biden didn’t end them is the point.

 

These are different tariffs, are they not?

 

You didn’t think or say this when they were first enacted by Trump.

Not all 76 million+ voters are MAGA. Most are garbage, remember?

 

Yeah. Depends on your team colors I guess. I think we both want whats best for the US.

 

How would you know? You know this is an appeal to hypocrisy, don't you?

You realize by associating me with a team you are trying to diminish my position as biased (ad hominem). My team colors are red, white and blue. What are yours?

Tariffs implemented for the purpose of trade retaliation and national security are different than across the board tariffs for economic nationalism and reduction of trade deficits.

 

Did you both vote for Harris then?

 

Elon said there was going to be some pain. Is this one of what he spoke about.

 

Sadly, it will self inflicted, unnecessary pain.

 

why don’t we just wait and see what tarifs Trump will levy

 

What is wrong with discussing his proposed tariffs?

 

nothing wrong with discussing- some of the posts are as if the sky is falling- to those I say let’s just wait and see

 

Does anyone have an example of across the board tariffs working in the long term? The closest proxy is Smoot-Hawley which resulted exporter collapse and even more unemployment following the Great Depression.

What is being proposed to mitigate the inflation and retaliation that occurs with this strategy?

 

I would expect him to levy tariffs on everything. He said 'tariffs are the greatest thing ever invented' and campaigned on 60% tariffs on China and 10-20% tariffs on everyone else.

 

There's also the 1890 McKinley tariffs. Was one of the main drivers of the Panic of 1893, which was to date, I've of the worst recessions in American history. Later surpassed by the Great Depression.

 

I'll look it up. Thanks!

 

I had a similar discussion with friend prior to election. I asked why it's acceptable for trump to lie about how tariffs work during campaign rallies. He said trump isn't lying and tariffs generate income without us citizens being taxed. This, alas, was the actually lie. My guess is trump was promising a free ride to the ignorant base. The spike in tariff googles after the election may support the ignorance angle.

Given his IQ and aversion to reading, it may be the case that he believes this himself.