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
1 2 3
User avatar
*31st Arrival
11 Nov 2024 4:33 pm
User avatar
      
26,530 posts
GHETTO BLASTER » 11 Nov 2024, 5:31 pm » wrote: ↑ 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... :)  
 
The natural evolving process works same way with or without humanity creating artificial tomorrows daily.
User avatar
Sumela
11 Nov 2024 4:57 pm
User avatar
      
21,730 posts
GHETTOBLASTER » 11 Nov 2024, 5:31 pm » wrote: ↑ 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... Image
I agree with your sentiment sir.
It just seems damned near impossible.
 
User avatar
golfboy
11 Nov 2024 5:34 pm
User avatar
     
4,420 posts
Squatchman » 10 Nov 2024, 1:02 pm » wrote: ↑ Image   Image   Image   Image   Image  
  You going to buy an American t.v. or phone?
*******.
Guess you've never heard of Vizio, Sharp or Toshiba?

For phones, you're more limited.  Pretty much the Google Pixel.   
But that will change with Trump's tariffs. 
 
User avatar
*GHETTO BLASTER
11 Nov 2024 6:58 pm
User avatar
      
15,341 posts
Sumela » 11 Nov 2024, 5:57 pm » wrote: ↑ I agree with your sentiment sir.
It just seems damned near impossible.

We could give up pouring money into our unwinnable war with Russia and instead pay ourselves to stop relying so heavily on Chinese goods.... :idea:  
Same goes with the massive amount we spend on buying friendships everywhere else.
 
User avatar
LowIQTrash
11 Nov 2024 7:25 pm
User avatar
     
2,843 posts
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.
I assure you, at the first sign of a market drawdown, one of which is coming in Q1 2025, Trump will demand a massive lowering of interest rates from J Powell. 

And he will likely cave.

Guess what that’ll do to inflation…

 
User avatar
Sumela
11 Nov 2024 7:56 pm
User avatar
      
21,730 posts
GHETTOBLASTER » 11 Nov 2024, 7:58 pm » wrote: ↑ We could give up pouring money into our unwinnable war with Russia and instead pay ourselves to stop relying so heavily on Chinese goods.... Image  
Same goes with the massive amount we spend on buying friendships everywhere else.
I have no argument with that strategy.
 
User avatar
*31st Arrival
12 Nov 2024 5:12 am
User avatar
      
26,530 posts
GHETTO BLASTER » 11 Nov 2024, 7:58 pm » wrote: ↑ We could give up pouring money into our unwinnable war with Russia and instead pay ourselves to stop relying so heavily on Chinese goods.... :idea:  
Same goes with the massive amount we spend on buying friendships everywhere else.
 
What is the one universal thing unwinnable for every reproduction occupying space today?

Personal time evolving exceeds living in series parallel positions since conceived as ever changing forms arrived their specific fertilized cell came into existence so far.

Thermodynamic principles are based upon series parallel time what is occupying space naturally here happens as spontaneously present simultaneously changing form shaped since combined results so far. This applies to both periodic elements and streaming chromosomes along ancestral lineages by the numbers and universal position happening here now.

Self evident results currently evolving as happening now. Balancing outcomes combined total sum of past, current events, future developments here, where ever here is for specific details adding on forward in plain sight of everything arrived, anything adapting, something individually present, nothing left evolving next.

9 hemispheres of intellectually created reasonable doubt used between 5 ancestral positions present. 16 great great grandparents and generation gap arrived, added 8 great grandparents generation gap, 4 grandparents generation gap, 2 parenting generation gap, great great grandchildren one at a time evolving into 1 of 2 parents, becoming 1 of 4 grandparents, reaching 1 of 8 great grandparents, alive or not becoming 1 of 16 great great grandparents.

9 stages of population never same details twice and every intellectual alternate reality labeled by race, creed, color, national origin, generation gap arrived, date died pretending nobody navigates space understanding why they arrived in the first place since created as their one time event adapting here so far.

I am a sole reproduction left alive by my own ability to navigate between idealists corrupting everyone daily.
User avatar
Fuelman
12 Nov 2024 7:58 am
User avatar
     
2,232 posts
LowIQTrash » 11 Nov 2024, 8:25 pm » wrote: ↑ I assure you, at the first sign of a market drawdown, one of which is coming in Q1 2025, Trump will demand a massive lowering of interest rates from J Powell. 

And he will likely cave.

Guess what that’ll do to inflation…
That battle is no doubt coming. The consumer has remained resilient even with these interest rates. Guess everyone is flush with cash or putting it on a credit card.
 
User avatar
Fuelman
12 Nov 2024 8:23 am
User avatar
     
2,232 posts
DeezerShoove » 10 Nov 2024, 11:19 am » wrote: ↑ 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.
I agree seniors get screwed most of the time by inflation. I always wondered why the social security COLA is set by only the 3rd quarter inflation numbers. It just doesn't keep up!
All the planning in the world for retirement gets upended with a few years of higher inflation. I retired in January of 21, it's a different landscape now.

 
User avatar
*31st Arrival
12 Nov 2024 9:16 am
User avatar
      
26,530 posts
Fuelman » 12 Nov 2024, 9:23 am » wrote: ↑ I agree seniors get screwed most of the time by inflation. I always wondered why the social security COLA is set by only the 3rd quarter inflation numbers. It just doesn't keep up!
All the planning in the world for retirement gets upended with a few years of higher inflation. I retired in January of 21, it's a different landscape now.

 
Process of evolving doesn't leave anything the same results again balancing forward now. That is a living in series parallel space situation for each lifetime after conceived coming from nothing until that conception happened.

Time occupying space is personal location here so far. You never remained the form of that fertilized cell event. No body does.
User avatar
Fuelman
12 Nov 2024 9:31 am
User avatar
     
2,232 posts
31stArrival » 12 Nov 2024, 10:16 am » wrote: ↑ Process of evolving doesn't leave anything the same results again balancing forward now. That is a living in series parallel space situation for each lifetime after conceived coming from nothing until that conception happened.

Time occupying space is personal location here so far. You never remained the form of that fertilized cell event. No body does.

:rofl:  how in hell do you put that into the retirement equation?
User avatar
Deezer Shoove
12 Nov 2024 9:35 am
User avatar
Senior Moderator
Senior Moderator
10,747 posts
Fuelman » 12 Nov 2024, 9:23 am » wrote: ↑ I agree seniors get screwed most of the time by inflation. I always wondered why the social security COLA is set by only the 3rd quarter inflation numbers. It just doesn't keep up!
All the planning in the world for retirement gets upended with a few years of higher inflation. I retired in January of 21, it's a different landscape now.
Not "most of the time".

ALL of the time.
If a person is not working and getting wage increases meant to keep pace with inflation, that person is losing.


That is a HUGE sector of the population.
Please seat yourself.

Image

I like the very things you hate.
User avatar
Fuelman
12 Nov 2024 10:44 am
User avatar
     
2,232 posts
DeezerShoove » 12 Nov 2024, 10:35 am » wrote: ↑ Not "most of the time".

ALL of the time.
If a person is not working and getting wage increases meant to keep pace with inflation, that person is losing.

That is a HUGE sector of the population.
The outlier would be those with liquid assets. My grandparents killed it in the 80's just after they retired. Those high bond rates propelled them to a very comfortable retirement and didn't own one share of stock.

Of course that only works if you have money.
 
User avatar
PhiloBeddo
12 Nov 2024 10:47 am
User avatar
      
5,590 posts
Only people who like slavery hate tariffs.
User avatar
murdock
12 Nov 2024 10:57 am
User avatar
FLAGRANT HOMOSEXUAL, CHILD DANGER
753 posts
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
Why do people believe the lying **** trump hating media. Must be stupid.
User avatar
golfboy
12 Nov 2024 6:35 pm
User avatar
     
4,420 posts
Squatchman » 10 Nov 2024, 1:02 pm » wrote: ↑ Image   Image   Image   Image   Image  
  You going to buy an American t.v. or phone?
*******.
Yea, I have a Visio TV. 
What about it?
 
1 2 3

Who is online

In total there are 2695 users online :: 13 registered, 14 bots, and 2668 guests
Bots: SiteLockSpider, Feedfetcher-Google, ADmantX, Not, DuckDuckBot, proximic, CriteoBot, Mediapartners-Google, bingbot, YandexBot, facebookexternalhit, Applebot, curl/7, Googlebot
Updated 4 minutes ago
© 2012-2026 Liberal Forum

Search