Liberal Forum

JohnnyYou » Yesterday, 3:59 am » wrote: ↑

Yesterday, 3:59 am

Trump does not seem to understand how tariffs work. I admit that before Trump brought them up, I had less understanding.

He keeps saying foreign countries will have to pay them. He cannot make a foreign country do that.

Guess who pays the tariffs?

It is widely accepted by economists that the Smoot Hawley Tariff act prolonged the Great Depression in the 1930's.  After it was enacted, everyone quickly realized the tariffs were having a negative impact on the recovery and everybody Smoot Hawley was voted out in the next election cycle.

It is difficult to understand how tariffs work. I was fearful we would lose our export. Well it turns out our Canadian partner was exporting more to the US than we were exporting to Canada.  A realignment is in place and contractors are specifically requesting that equipment destined for delivery in the US is built in the US to avoid a 20% tariff on the labor gozinta.. So we will get more work to build for the 400 million customers in the US.  There is some danger we will miss out on opportunity to market to the other 7.7 Billion customers on the planet. 90% of everything in our skids is foreign sourced, 20% or more on all of it could price us out of the global arena.  

https://en.wikipedia.org/wiki/Smoot%E2% ... Tariff_Act

nefarious101 » 25 Jan 2025, 8:10 am » wrote: ↑

25 Jan 2025, 8:10 am

This thread reeks of Dickheadism.....either BV has a sistr or he's trying to pretend he has more PEDO=Prog support here other than his buddy who thinks he's "Bigfoot in a dress"


a one man/girl Pedo=prog hoax being played very very badly but some nut trying to explain why he's the smartest Pedo=Prog in the room

murdock » 25 Jan 2025, 8:22 am » wrote: ↑

25 Jan 2025, 8:22 am

**** idiot.

PhiloBeddo » 25 Jan 2025, 11:27 am » wrote: ↑

25 Jan 2025, 11:27 am

You Dems are stupid. You don't mind if other countries tariff us and don't allow equal trade. Trump is just leveling the playing field. Why should American companies have to compete unfairly.

JohnnyYou » Today, 4:31 am » wrote: ↑

Today, 4:31 am

I may be, but I can construct sentences with more than three words.

Blackvegetable » Today, 2:53 pm » wrote: ↑

Today, 2:53 pm

It's called the WTO, ya **** cretin.

Blackvegetable » 25 Jan 2025, 2:53 pm » wrote: ↑

25 Jan 2025, 2:53 pm

It's called the WTO, ya **** cretin.

Blackvegetable » 25 Jan 2025, 8:15 am » wrote: ↑

25 Jan 2025, 8:15 am

To whom?

“Show me the man and I’ll find you the crime” LAVRENTIY BERIA "Try to get past your passionate ignorance and learn to accept what actually happened." brown's unheeded words of wisdom

ROG62 » 26 Jan 2025, 1:40 am » wrote: ↑

26 Jan 2025, 1:40 am

99.99999 % of the board...

PhiloBeddo » 25 Jan 2025, 11:27 am » wrote: ↑

25 Jan 2025, 11:27 am

You Dems are stupid. You don't mind if other countries tariff us and don't allow equal trade. Trump is just leveling the playing field. Why should American companies have to compete unfairly.