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The Trump Trade War Scam

BirdinHand said:
Repeating the same bullshit doesn’t make it true.
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Jobs are beating expectations, gas and food are down 7 trillion is being invested in America. These are fats so couldnt Biden do that
 
BirdinHand said:
No.

The importer pays. The person getting the goods off the cargo ships.

Could be a direct consumer, could be a distributor, could be a retailer, could be a manufacturing company.

This has been explained quite possibly hundreds of times now.

Chinese manufacturers do NOT pay US tariffs. Americans do.

And NIKE isn’t going to start making their shoes in the US. What portion of tariffs they pass on in a tariff is to be seen - NIKE also isn’t typically the end retailer, they wholesale TO retailers and those individuals and stores sell to consumers.

You’re not demonstrating a very good understanding.

The rest of your post is also complete bullshit.
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You dont have to pay and prices drop. When Trump put tariffs on China price went down
 
SoccerCoach said:
Jobs are beating expectations, gas and food are down 7 trillion is being invested in America. Facts
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The slightly above expectations in job gains came from transportation/warehousing, a boost from pre-trade war stocking, but shipping has dropped so those are going to drop, plus, we have not seen the govt employment cuts in the data yet.

Oil is down mostly from Saudis flooding the market in a bid to crush US drilling.
 
Simon W. Moon said:
yeah?

What was the date?
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When Biden signed the American Rescue Plan funded by debt into a 6.4% GDP which was pure stupidity but Biden was already seriously impaired 14 months later the inflation he inherited at 1.4% shot up to 9.1 %. His cutting oil supply below demand also drove up inflation. Not finished yet the Inflation Reduction Act kept inflation going while they said Putin did it and it was transitory. No it was just plain stupidity by a president with advanced dementia. Bidernomics crushed the middle class increased poverty and cost democrats the election. Thats the only good thing he did
 
dmpi said:
People forget the alternative scenario of talks breaking down and both side digging in their heels for a protracted battle. Wall street is relieved that this didn't happen.
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Wall street isn't relieved of anything. You fabricate that. Wall street is a fictitious entity of speculators who react in the moment. The tariff numbers go up and down as do certain people on wall street buying and sellingstocks in c they think are hurt or harmed by tariffs. The up and down tariff no's are to trigger stock buying and selling for a clique of oligarchs given insider tip offs by Trump's handlers as to when to buy low and sell high.

Next and you really need to get a dose of reality. Trump dug himself in a hole. He has made no deals and is desperately trying to sound like he is now making them. The world has quarantined him. Right now he is bidding against himself as everyone else ignores him.

Trump is transparent, weak and a one trick pony surrounded by Bessin and Lutwick two horse's asses as the three of them masterbate to the sound of their flips and flops. The US literally needs to wash out the White House.
 
NJBob said:
Get back to me when it recovers all its losses from Trump’s dumb ass tariff war.
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I just checked my 401k. It’s higher than it’s ever been, so it’s recovered its losses from this year and then some.
 
Mika-El said:
Wall street isn't relieved of anything. You fabricate that. Wall street is a fictitious entity of speculators who react in the moment. The tariff numbers go up and down as do certain people on wall street buying and sellingstocks in c they think are hurt or harmed by tariffs. The up and down tariff no's are to trigger stock buying and selling for a clique of oligarchs given insider tip offs by Trump's handlers as to when to buy low and sell high.

Next and you really need to get a dose of reality. Trump dug himself in a hole. He has made no deals and is desperately trying to sound like he is now making them. The world has quarantined him. Right now he is bidding against himself as everyone else ignores him.

Trump is transparent, weak and a one trick pony surrounded by Bessin and Lutwick two horse's asses as the three of them masterbate to the sound of their flips and flops. The US literally needs to wash out the White House.
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Trump won and there is nothing you can do about it. Just like Reagan reversed the Carter disaster Trump is already fixing the Biden disaster and showing the world democrats are a failed party. So sit down and watch because there isnt a damn thing you can do about it
 
Long before Trump was elected for a second time it was said "I don't want to wake up each morning worrying about what Trump said while I slept". No truer words were spoken because that is exactly what is and will be happening for years ahead.
 
SoccerCoach said:
Trump is masterfully playing the oldest game in business. You need leverage which he has America imports 3.8 trillion in goods. We are the largest market in the world. Then he threatens a country with high tariffs. This forces them to negotiate and Trump is one step ahead. His goal is 2 things, open their markets and pay a 10% KICKBACK for the pleasure of selling to America. We get 10% of 3.8 trillion every year. China will pat 40% because of covid and theft of our copyrights. If 10% is too much then build here. INflation is down, jobs beat expectations 7 trillion is being invested in America and this month we collected a record amount of kickbacks
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You repeat a script that has been repudiated time and time again now even by Trump supporters. What you deliberately ignore is the false premises for the tariffs, Trump's own inconsistencies making the tariff numbers meaningless, his breaking unilaterally, existing trade agreements he signed, and most importantly how your assumption the US is the world's largest market in the world makes no sense.

Your largest market place comment would suggest countries can NOT buy products anywhere else but in the US or it sells its products at prices lower than any other market both of which are false.

Take for example Canada. Trump has absolutely lied and misrepresented the trade with Canada using your script. In the months to come you will see even a country like Canada where I live, can and will switch and change over its supply chain lines so it is no longer in need of selling its products to the US. Nothing Canada sells the US has to be sold there. We chose to sell to the US as part of agreeing to integrate our economies because of geographic locality cutting down on transportation expenses. We in fact provided natural resources the US can not make to them at below market prices and Trump calls this a rip off to Americans because we won;t allow Americans to unilaterally own the natural resources directly.

So? Lies about fentanyl, illegals coming in to the US, lies about a tariff on dairy that has never been implemented because the levels for it to be triggered have never been reached, lies about lumber prices, lies about aluminium and steel all products the US can not make and needs Canada to make and knows Americans will still buy but have to pay the tariff on.

You spew a scam. The very large market you claim which parrots Trump calling the US a big retail store is simplistic moronic idiocy for people like you to consume while paying your consumer tax.

You have no clue how your country makes its money. To make its money it needs to get natural resources it does not have to then refine them to resell them. Now it is not going to get those natural resources. Instead those resources will be rerouted by Canada and other aggrieved countries to countries who will pay fair prices for them and refine them and sell them to make profit.

You want to believe countries are dependent on selling their resources to the US. Wake up man. China and India are getting all their resources from Asia and Africa and Brazil and Argentina andChina and India are about to pivot towards Canada in major trade deals. Europe and Canada have also pivoted to help each other offset having to export to the US. Wake up man. Your shelves are becoming empty. Wake up and look at what is happening. You can't refine and sell natural resources if you can't obtain them.

Your farms have collapsed. No one is there to pick the produce and they are rotting on the ground as US made produce supply chains have collapsed.

What the hell is the matter with you? Your leader gloats over a gold wall plated jet while he destroys your country.

Your no. 1 economic activity has always beenmaking military weapons. Now your F35 program is a bust, and what other military supplies are you selling? Well we see Trump in Saudi Arabia, Qatar and UAE engaged directnly in conflict of interest deals to get his family business real estate development projects pretending this is to get US investment.

In fact he is desperate to sell F35's to these countries as sales to European nations are being cut back if not ended.

Wake up man. The world has passed the US by. Spouth Korea, Japan, Europe, China, all are making their own5th and sixth generation fighters. They will adapt to replace American engines just as the Japanese and South Koreans did with their car engines.

Fighter gets are becoming more and more antiquated being replaced by unmanned aircraft. Likewise tanks, missiles, naval vessels are radically changing in design and size emphasizing specific technological expertise these countries now have.

The script you quote is based on the US in the 1800's.
 
rhinefire said:
Long before Trump was elected for a second time it was said "I don't want to wake up each morning worrying about what Trump said while I slept". No truer words were spoken because that is exactly what is and will be happening for years ahead.
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THe last few times he spoke the stock market went way up. At least we can understand what he says unile Biden. Dont believe the propaganda Trump is doing a great job
 
SoccerCoach said:
THe last few times he spoke the stock market went way up. At least we can understand what he says unile Biden. Dont believe the propaganda Trump is doing a great job
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lol

UP is only relative

the DJIA is still below where it was before Trump's announcements
 
SoccerCoach said:
The manufacturer pays. We dont have to buy the free market drives down prices. Nike makes a sneaker fir 13.00 wholesales it for 100.00 and it retails for 150.00. Nike will cut the wholesale price or they wont sell them. When Trump first put tariffs on China prices went down and there was low inflation.
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I think you are operating under a misconception of how tariffs work. For the next 90 days, we have a 38% effective tariff on imported goods from China. Let's say I have a clothing company and I have outsourced my manufacturing to China. I order a shipment of 20,000 polo style shirts from my supplier in China. When I receive those shirts, I pay a 38% import tax on those shirts. You might argue that my supplier could reduce the wholesale cost of those polo style shirts to eat the cost of the tariff. However, in the vast majority of cases, the manufacturer has low margin, usually less than 5%, so the vast majority of that tariff will have to be passed on to my customers.

Anyway you look at it, it is a tax on Americans.
 
ALiberalModerate said:
I think you are operating under a misconception of how tariffs work. For the next 90 days, we have a 38% effective tariff on imported goods from China. Let's say I have a clothing company and I have outsourced my manufacturing to China. I order a shipment of 20,000 polo style shirts from my supplier in China. When I receive those shirts, I pay a 38% import tax on those shirts. You might argue that my supplier could reduce the wholesale cost of those polo style shirts to eat the cost of the tariff. However, in the vast majority of cases, the manufacturer has low margin, usually less than 5%, so the vast majority of that tariff will have to be passed on to my customers.

Anyway you look at it, it is a tax on Americans.
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Nike makes a sneaker for 13.00 wholesales it for 100.00 retails for 150.00 How much tariff do I pay if I dont buy it. Margins are very high in China because labor costs are so low. The free market always drives prices down via competition. When Trump in his first term put tariffs on China prices went down. China devalued its currency to off set the cost. The consumer controls th price. China gets 40% because of covid. Every other country will pay 10%. Dont call it a tariff its a kick back the oldest game in business. You want my business then grease my palm. Dont like the 10% then move here. We get 10% of 3.8 trillion each year from imports.
IN addition low taxes regulations and fossil fuels that are reliable low cost and can meet any demand will draw manufacturers form Europe that is driving up energy costs with renewables.
The tax that hurt us was Bidens inflation. Did you complain about that. When the dust settles America will have more jobs less inflation more manufacturing and more money.
 
SoccerCoach said:
Nike makes a sneaker for 13.00 wholesales it for 100.00 retails for 150.00 How much tariff do I pay if I dont buy it.
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No, Nike pays suppliers in China and India an average of 13 to 18 dollars to make a shoe for them. That would be what the tariff would be calculated on. The markup is all on the wholesale/resale markup in the United States and Europe. This is why tariffs are so economically ignorant. Would you rather be Nike in that scenario, or the factory building their shoes? The outsourcing of the manufacture of that shoe to China is a huge benefit to Americans and our economy. China is stuck with the lowest margin of the whole process while America gets the benefit of the highest margin in the process. All you could hope to accomplish with tariffs is the onshoring of goods that have both a very low margin in the manufacture of them and a very low sales margin. It does nothing but de-develop our economy from a high wage, knowledge based economy that is the envy of the world to a lower wage, cheap goods manufacturing economy.

You are a conservative, I am astounded that I have to explain the benefits of free markets and free trade to you.

 
ALiberalModerate said:
No, Nike pays suppliers in China and India an average of 13 to 18 dollars to make a shoe for them. That would be what the tariff would be calculated on. The markup is all on the wholesale/resale markup in the United States and Europe. This is why tariffs are so economically ignorant. Would you rather be Nike in that scenario, or the factory building their shoes? The outsourcing of the manufacture of that shoe to China is a huge benefit to Americans and our economy. China is stuck with the lowest margin of the whole process while America gets the benefit of the highest margin in the process. All you could hope to accomplish with tariffs is the onshoring of goods that have both a very low margin in the manufacture of them and a very low sales margin. It does nothing but de-develop our economy from a high wage, knowledge based economy that is the envy of the world to a lower wage, cheap goods manufacturing economy.

You are a conservative, I am astounded that I have to explain the benefits of free markets and free trade to you.
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China is collapsing as we speak. Let this play out then see whos right
 
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