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Thread: This Is How You Lose the Tariff War

  1. #291
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    Included in the article is commentary from James Madison and the very first actions of the Congress, even before swearing in of Washington as to why tariffs are necessary and the responsibility of the government. Nice bit of argument from a founding father.

    https://www.westernjournal.com/vance...y-single-blow/
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  2. #292

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    Quote Originally Posted by ~Rocktar~ View Post
    Included in the article is commentary from James Madison and the very first actions of the Congress, even before swearing in of Washington as to why tariffs are necessary and the responsibility of the government. Nice bit of argument from a founding father.

    https://www.westernjournal.com/vance...y-single-blow/
    In before "bUt ThEy WeRe SlAvE oWnErS!!!!!!" as if that's relevant to the topic.
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  3. #293

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    Quote Originally Posted by ~Rocktar~ View Post
    Included in the article is commentary from James Madison and the very first actions of the Congress, even before swearing in of Washington as to why tariffs are necessary and the responsibility of the government. Nice bit of argument from a founding father.

    https://www.westernjournal.com/vance...y-single-blow/

    Madison was right to raise that issue in Congress. Congress, not the President, imposes taxes.

  4. #294
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    Quote Originally Posted by ClydeR View Post
    Madison was right to raise that issue in Congress. Congress, not the President, imposes taxes.
    The POTUS negotiates treaties and levies tariffs.
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  5. #295
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    https://trendingpoliticsnews.com/new...or-trump-mace/

    NEW: India Offers Zero-For-Zero Tariffs In Major Trade Win For Trump
    Indian officials recently offered a bold new trade proposal during closed-door meetings in Washington—one that Trump allies are already calling a major victory.

    India’s latest offer includes removing tariffs altogether on U.S. steel, auto components, and pharmaceutical imports—up to a negotiated volume—on the condition that the United States does the same. The proposal, described by people familiar with the talks who spoke to Bloomberg, would revert to normal tariff levels only once that volume threshold is crossed. Negotiators are eyeing a deal as early as this fall.
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  6. #296
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    It is in our best interest to strengthen our relations with India. They have the population and labor force to be our new China for low tech / low cost / non vital industries manufacturing. Plus, if we ever go to war with China, we need India to be our meat grinder.
    Last edited by Suppressed Poet; 05-06-2025 at 02:52 PM.

  7. #297
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    Quote Originally Posted by Suppressed Poet View Post
    It is in our best interest to strengthen our relations with India. They have the population and labor force to be our new China for low tech / low cost / non vital industries manufacturing. Plus, if we ever go to war with China, we need India to be our meat grinder.
    And if we can get the right tariffs and trade policies in place, a huge market for American farmers. They make nearly all our tractors now but apparently aren't nearly as productive in farming.
    I asked for neither your Opinion,
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    Quote Originally Posted by Suppressed Poet View Post
    It is in our best interest to strengthen our relations with India. They have the population and labor force to be our new China for low tech / low cost / non vital industries manufacturing. Plus, if we ever go to war with China, we need India to be our meat grinder.
    India is "at war" with China on the regular in the northern part of their country. They don't fight with firearms, but with sticks, bats, etc. There is no love between China and India. India is our ally and we should treat them as such and prop them up to proxy fight China.
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  9. #299

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    Trump's approach to trade is Stupid with a capital S. Today, he said the deals we've been waiting on won't actually be agreements. Instead, Trump will just specify the tariff that each country must pay and if they continue selling to the U.S., then he will call it a "deal." If that was always the plan, then why didn't he do that in the beginning? What was the purpose of Liberation Day? This new approach is a retreat from Liberation Day.

    Just to finish, we also have a situation because everyone says when, when, when are you going to sign deals? We don’t have to sign deals. We could sign 25 deals right now, Howard, if we want it. We don’t have to sign a deal. They have to sign deals with us. They want a piece of our market. We don’t want a piece of their market. We don’t care about their market. They want a piece of our market. So we can just sit down, and I’ll do this at some point over the next two weeks, and I’ll sit with Howard and Scott and with with our great vice president, who has done a really good job.

    We have some good news to report and a lot of fronts, but JD will be there, and Marco and we’re going to sit down and we’re going to put very fair numbers down and we’re going to say, here’s what this country, what we want and congratulations, we have a deal. And they’re either say great and they’ll start shopping or they’ll say, not good. We’re not going to do that. That’s OK. You don’t have to shop. Now, we may think, well, they have a right, that maybe we were a little bit wrong. So we’ll adjust it.

    And then you people say, oh, it’s so chaotic. No, we’re flexible, but we’ll sit down and will at some point in some in some cases will sign somebody else. It’s much less important than when I’m talking about. For the most part, we’re just going to put down a number and say, this is what you’re going to pay to shop, and it’s going to be a very fair number. It’ll be a low number. We’re not looking to hurt countries. We want to help countries. We want to be friendly with countries.

    But you keep writing about deals, deals. When are we going to sign? It’s very simple. We’re going to say, in some cases we want you to open up your country. In some cases, we want you to drop your tariffs. I mean, India as an example, has one of the highest tariffs in the world. We’re not going to put up with that. And they’ve agreed already to drop it. They’ll drop it to nothing. They’ve already agreed they would have never done that for anybody else but me.

    So, we’re going to put down some numbers that we’re going to say our country is open for business and they’re going to come in and they’re going to pay for the privilege of being able to shop in the United States of America. It’s very simple. It’s very simple. So I wish they’d stop asking, ‘How many deals are you signing this week?’ Because one day we’ll come and we’ll give you 100 deals, and they don’t have to sign all they have to do is say, oh, we’ll start sending our ships right now to pick up whatever we want or to bring whatever we want. It’s very, very simple. And I think my people haven’t made it clear.

    We will sign some deals, but much bigger than that is we’re going to put down the price that people are going to have to pay to shop in the United States. Think of us as a super luxury store, a store that has the goods. You’re going to come and you’re going to pay a price, and we’re going to give you a very good price. We’re going to make very good deals. And in some cases we’ll adjust.

    But that’s where it is. And, we’ve been ripped off by everybody for 50 years, for 50 years. And we’re just not going to do that anymore. We can’t do that. And we can’t let any country do that to us. We’re just not going to do it anymore.

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  10. #300

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    I showed the below post to a lot of people, and they all agreed that it's absolutely right.


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