This Is How You Lose the Tariff War

[Parkbandit]

I said it was "largely" beyond human control. Out of all humans, 99.999999% had no control over it. But there was that one guy....

So you don't understand the phrase "largely beyond human control"

I'm shocked.

GTFO with your stupidity, retard.

[ClydeR]

Who in their right mind would invest in a new billion dollar manufacturing factory in the U.S. if the only way it could compete against low foreign wages is if the tariffs stay in place? Considering Trump's fickleness, would you invest in that venture? If Congress had enacted tariffs, after the formation of a national consensus, then it would be an easier investment to justify. But if it all depends on Trump's whims, then forget it.

A half hour after I wrote the above..

"I have authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately," Trump posted on Truth Social just before the market lifted off. Trump also announced in the post that the US would be raising its tariffs on China to 125%.

More...

As Al Pacino said in Scent of a Woman, "Hoo-ah!"
Was I timely or what!?

[Suppressed Poet]

Who in their right mind would invest in a new billion dollar manufacturing factory in the U.S. if the only way it could compete against low foreign wages is if the tariffs stay in place? Considering Trump's fickleness, would you invest in that venture? If Congress had enacted tariffs, after the formation of a national consensus, then it would be an easier investment to justify. But if it all depends on Trump's whims, then forget it.

To answer your question, it really all depends on the industry & market. For example, I don’t see the U.S. being a major producer of textiles. However as another example, with steel we very well could be. We possess the raw materials & our modern manufacturing technology could certainly make us competitive on its own merit but especially so with increased tariffs. I’ll remind you that Biden not only kept Trump’s tariffs on China but raised them.

Understand that these tariffs are very likely to be a temporary measure to renegotiate our trading relationship. The one exception may be China. I suspect our trading relationship will never be the same, and honestly while that may be painful it is necessary for the longterm to maintain our global dominance as a superpower.

All that being said, I do agree Republicans need to push through some legislation to make Trump’s beneficial policies much more sticky while they have the power to do so. Republicans in Congress are unfortunately not as unified as the historical mindless Democrats that fall in line to the direction of their party’s elites no matter what. First bit of legislation will be making Trump’s tax cuts permanent and I expect that will be accomplished in the next few months.

[Suppa Hobbit Mage]

Put a 10,000% increase on China and lets get this over with.

[Suppressed Poet]

I said it was "largely" beyond human control. Out of all humans, 99.999999% had no control over it. But there was that one guy....

In other words, you will always blame Trump for any & all problems & never ever acknowledge any of his positive actions or contributions.

Are you even aware of your own Trump Derangement Syndrome?

[Suppressed Poet]

Put a 10,000% increase on China and lets get this over with.

I say straight up sanction them. Kick them out of our markets. Make it illegal for China to own any US property or assets. Cancel all U.S. Treasury debt owned by Chinese nationals. If they get really butthurt about that action, it’s time to start killing Chinks. Strike first. Strike hard. No mercy.

[ClydeR]

Treasury Secretary Scott Bessent claimed to reporters that Trump had always intended to put the brakes on the wide-ranging tariffs the president announced last week.

“This was his strategy all along,” Bessent said at the White House, where officials, including him, had denied for days that the tariffs would be suspended.

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Bessent has been in office less than three months. Trump has already corrupted him and destroyed his credibility.

[~Rocktar~]

In other words, you will always blame Trump for any & all problems & never ever acknowledge any of his positive actions or contributions.

^^ This is correct

Are you even aware . . .

You should have stopped right here, you know the answer is no.

[Back]

I say straight up sanction them. Kick them out of our markets. Make it illegal for China to own any US property or assets. Cancel all U.S. Treasury debt owned by Chinese nationals. If they get really butthurt about that action, it’s time to start killing Chinks. Strike first. Strike hard. No mercy.

Why China? How would that benefit us?

[Suppressed Poet]

Why China? How would that benefit us?

I’m being a bit quick-tempered & truthfully wish to avoid war where we can, but do I really need to explain to you how the PRC is our ideological mortal enemy much like the USSR before them? China’s greed for world domination seeks to subjugate all people into tyranny & communism. They are directly responsible for the plague of Covid. We are locked into a Cold War. For the preservation of all mankind’s freedom & liberty, we must prosper & the PRC must be destroyed.