Trump's plan to put a tariff on China and Mexico may have more cons than pros

By Vegas
9 Nov 2024 11:23 am in No Holds Barred Political Forum
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Deezer Shoove
10 Nov 2024 10:19 am
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Fuelman » 09 Nov 2024, 12:42 pm » wrote: ↑ Hate to be the bearer of bad news but prices will not come down much if any.

There have been several multinational companies reporting they are already working on reducing production in China.

Have prices ever "come down" in any meaningful way after a bout of high inflation?

And I don't mean a weekend sale for tires or pork chops.

If folks get a wage increase commensurate with the inflation rate, they are basically at a wash.
Fixed income people just got ****. Happens constantly.
That is why they call inflation the "generational tax".

This simple concept is devastating and very real. Old people are a cash cow for America.
Please seat yourself.

Image

I like the very things you hate.
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PhiloBeddo
10 Nov 2024 10:21 am
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Why are Democrats such lazy corrupt ****? They fight for slavery and cry about welfare. They just don't want to work. Smoking dope is not an occupation.
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michaelf
10 Nov 2024 10:25 am
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Our manufacturing is pretty screwed up. You can't just "bring manufacturing back". In many cases the expertise is gone...from the individual company if not the country. The expertise is certainly long gone from management and in many cases the tools are also gone. You have to go back to the 1920's and learn how to do **** again. Bringing it back is going to hurt.

The economy in general is pretty **** up as a result. There just aren't enough really good paying jobs that allow a decent standard of living with these prices. Some deflation would be nice.

I hope trump knows how to fix this mess but I sure don't. I did know what to do about manufacturing when I was a manufacturing engineer and the child MBA's first went to work killing it but it's gone way down the toilet since then.
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Squatchman
10 Nov 2024 12:02 pm
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golfboy » 09 Nov 2024, 8:37 pm » wrote: ↑ Here's an idea:  Buy American and there are no tariffs.
:die:   :die:   :die:   :die:   :die:  
  You going to buy an American t.v. or phone?
*******.
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righteous
10 Nov 2024 12:34 pm
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Sumela » 09 Nov 2024, 9:46 pm » wrote: ↑ Maybe if our worshipped CAPITALIST CORPS had not abandoned
American workers for cheap labor worldwide,,,,,,

then we could buy American Image  .  Read...learn.
NAFTA and CAFTA were never a good idea and only helped developing countries 
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righteous
10 Nov 2024 12:35 pm
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ROG62 » 10 Nov 2024, 9:22 am » wrote: ↑ we are our own worst enemies...we want cheap ****...
All **** should be cheap :rofl:  
 
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righteous
10 Nov 2024 12:40 pm
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Any tariff revenue that would otherwise raise the cost of goods should go back to the consumer in one form or another to help stave inflation 
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jerra b
10 Nov 2024 12:51 pm
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righteous » 10 Nov 2024, 1:40 pm » wrote: ↑ Any tariff revenue that would otherwise raise the cost of goods should go back to the consumer in one form or another to help stave inflation

what is the plan for that?
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*GHETTO BLASTER
10 Nov 2024 1:05 pm
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Squatchman » 10 Nov 2024, 1:02 pm » wrote: ↑ Image   Image   Image   Image   Image  
  You going to buy an American t.v. or phone?
*******.
Tell us  why we should maintain our dependence on China for basically everything  [plumbing, electrical, tires, electronics,  nuts and bolts, structural steel, industrial machinery, aluminum, exotic metals, etc...?

Only a total dumb **** who doesn't understand the harsh realities of life would think that is a wise thing to do.
 
 
 
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jerra b
10 Nov 2024 3:21 pm
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michaelf » 10 Nov 2024, 11:25 am » wrote: ↑ Our manufacturing is pretty screwed up. You can't just "bring manufacturing back". In many cases the expertise is gone...from the individual company if not the country. The expertise is certainly long gone from management and in many cases the tools are also gone. You have to go back to the 1920's and learn how to do **** again. Bringing it back is going to hurt.

The economy in general is pretty **** up as a result. There just aren't enough really good paying jobs that allow a decent standard of living with these prices. Some deflation would be nice.

I hope trump knows how to fix this mess but I sure don't. I did know what to do about manufacturing when I was a manufacturing engineer and the child MBA's first went to work killing it but it's gone way down the toilet since then.

he does not have a clue about manufacturing and he does not care either.
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murdock
10 Nov 2024 4:59 pm
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Vegas » 09 Nov 2024, 12:23 pm » wrote: ↑ There are always pros/cons to tariffs...well, for any issue for that matter. However, in this particular case, there appears to be more harm in it for Americans than good. Trump believes that these tariffs will reduce our trade deficit and encourage more domestic production. However, tariffs always have the danger of inducing inflation. We are still dealing with high prices. We can't afford our inflation to rise higher. The numbers of inflation were manipulated by the Biden/Harris administration. They don't accurately depict the real inflation. Tariffs increase the cost of imported goods, leading to higher prices for consumers. This can reduce purchasing power and disproportionately impact lower-income households. Even if domestic production increases, and that is a big if, it isn't going to offset the higher prices that we are already enduring. 
  • China: A 60% tariff on all Chinese imports, aiming to reduce the U.S. trade deficit and encourage domestic manufacturing.AP News
  • Mexico: A 25% tariff on all imports from Mexico, intended to address concerns over trade imbalances and manufacturing shifts to Mexico.U.S. News & World Report

Was that in your daily media enema today? 
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*31st Arrival
11 Nov 2024 8:07 am
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golfboy » 09 Nov 2024, 8:37 pm » wrote: ↑ Here's an idea:  Buy American and there are no tariffs. 
And the prices match the imports after tariffs. that doesn't lower prices, being able to produce more than needed creates lower prices and restricting manufacturing to match market demand keeps prices going up. Self fulfilling management of reality corrupting every generation forward like it has each since dawn of civilization.

Universe is a perpetual balancing outcome time in plain sight as humanity promises life exceeds adapting here now. Biggest conflict of interest combined.

Mind over evolving matter corrupts matter never same results twice, ever evolving here now.
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murdock
11 Nov 2024 1:59 pm
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31stArrival » 11 Nov 2024, 9:07 am » wrote: ↑ And the prices match the imports after tariffs. that doesn't lower prices, being able to produce more than needed creates lower prices and restricting manufacturing to match market demand keeps prices going up. Self fulfilling management of reality corrupting every generation forward like it has each since dawn of civilization.

Universe is a perpetual balancing outcome time in plain sight as humanity promises life exceeds adapting here now. Biggest conflict of interest combined.

Mind over evolving matter corrupts matter never same results twice, ever evolving here now.

 
What the **** is wrong with this babbling idiot?
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Sumela
11 Nov 2024 2:04 pm
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Tariffs are an act of fear - weakness. Pissing in the wind.

https://x.com/i/status/1855020673149845907

 
 
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Sumela
11 Nov 2024 2:08 pm
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GHETTOBLASTER » 10 Nov 2024, 2:05 pm » wrote: ↑ Tell us  why we should maintain our dependence on China for basically everything  [plumbing, electrical, tires, electronics,  nuts and bolts, structural steel, industrial machinery, aluminum, exotic metals, etc...?

Only a total dumb **** who doesn't understand the harsh realities of life would think that is a wise thing to do.
Sir, the problem is that question should have been addressed 40 years ago.
NOW....China's manufacturing base/industry literally DWARFS the US.
It was never a wise thing to do.  But CORPS did it to us anyway.
 
Beakman
11 Nov 2024 2:16 pm
   
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righteous » 10 Nov 2024, 1:34 pm » wrote: ↑ NAFTA and CAFTA were never a good idea and only helped developing countries
NAFTA was the SHAFTA! That giant sucking sound! Ross Peerot was right! :P  
 
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murdock
11 Nov 2024 2:22 pm
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GHETTOBLASTER » 10 Nov 2024, 2:05 pm » wrote: ↑ Tell us  why we should maintain our dependence on China for basically everything  [plumbing, electrical, tires, electronics,  nuts and bolts, structural steel, industrial machinery, aluminum, exotic metals, etc...?

Only a total dumb **** who doesn't understand the harsh realities of life would think that is a wise thing to do.
Because he's a chink ***.
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murdock
11 Nov 2024 2:44 pm
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Sumela » 11 Nov 2024, 3:04 pm » wrote: ↑ Tariffs are an act of fear - weakness. Pissing in the wind.

https://x.com/i/status/1855020673149845907
Oh look, another media fed, American hating, stupid **** mark. Get hit by a car scum.
 
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*31st Arrival
11 Nov 2024 3:34 pm
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murdock » 11 Nov 2024, 2:59 pm » wrote: ↑ What the **** is wrong with this babbling idiot?
I am not the one babbling. like people rather die in character than live as the specific gender conceived to replace their previous 4 generation gaps ignoring now is eternity.

Little white lies create deep state of mind alternate realties every generation gap here.
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*GHETTO BLASTER
11 Nov 2024 4:31 pm
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Sumela » 11 Nov 2024, 3:08 pm » wrote: ↑ Sir, the problem is that question should have been addressed 40 years ago.
NOW....China's manufacturing base/industry literally DWARFS the US.
It was never a wise thing to do.  But CORPS did it to us anyway.
We have a choice right now to either throw our hands up and do nothing or to bite the bullet and wean ourselves away from this dependency.

Every long journey begins with the first step... :)  
 
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