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General Discussion >> America >> Trump and tariffs http://www.ozpolitic.com/forum/YaBB.pl?num=1732838003 Message started by Armchair_Politician on Nov 29th, 2024 at 9:53am |
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Title: Trump and tariffs Post by Armchair_Politician on Nov 29th, 2024 at 9:53am
Watch this video clip. It involves a very good, very easy to understand, explanation regarding how tariffs work and why the country enacting the tariffs (in this case, the US) will see their consumers pay more and cause inflation to rise. Just watch it - it's very good. Just goes to show how Trump shapes his messages to make it look like he's going to hurt another country when the opposite is actually true, but his supporters don't question this or understand the issue - in this case, how tariffs actually work.
https://youtu.be/vNDSorfJZ5M?si=6K5gBdTC9WPV-_6C |
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Title: Re: Trump and tariffs Post by Bobby. on Nov 29th, 2024 at 10:36am
The Chinese have been manipulating the world markets with:
product dumping at below cost to destroy foreign competition, also Govt subsidies - That’s why BHP closed most of their steel mills. The Chinese have destroyed all their competition and it has cost us jobs. |
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Title: Re: Trump and tariffs Post by Armchair_Politician on Nov 29th, 2024 at 10:48am Bobby. wrote on Nov 29th, 2024 at 10:36am:
... and Trumps' tariffs ill-conceived thought bubble will cost even more jobs and push inflation even higher. |
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Title: Re: Trump and tariffs Post by Frank on Nov 29th, 2024 at 10:56am Armchair_Politician wrote on Nov 29th, 2024 at 9:53am:
Yeah, right. And that's why Canada, India, the EU has tariffs on Chinese products. Oh, and the US, under Biden (or whoever his puppet master is). Because of Trump, right? Pakman is an idiot. He doesn't understand why tariffs are imposed and how they work. Being fixated on retail price is blinkered. |
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Title: Re: Trump and tariffs Post by tallowood on Nov 29th, 2024 at 11:07am |
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Title: Re: Trump and tariffs Post by Frank on Nov 29th, 2024 at 11:20am
China was helped by the US and the West. Naively, they believed China's promises and allowed it to enter the WTO.
China broke most of its promises and has never played by the rules. Not within the WTO, not with the US, EU or Australia. China imposed punitive tariffs on Australia even though we have, again naively, a free trade agreement with them. A communist dictatorship will not behave like a liberal democracy. How astonishing! Now that it has grown powerful, the Chinese military threatens everyone around it. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Nov 29th, 2024 at 1:28pm Armchair_Politician wrote on Nov 29th, 2024 at 9:53am:
It is a very good video, and Pakman explains it well. However, it will go straight over the heads of MAGA cult members. They, and their orange leader, just don't understand how Tariffs work and no amount of education will change their view. |
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Title: Re: Trump and tariffs Post by Frank on Nov 29th, 2024 at 3:07pm Armchair_Politician wrote on Nov 29th, 2024 at 9:53am:
Pakman's ignorance is matched by his smugness - and the eager stupidity of those who lap up his nonsense. If it was really as he says - American importers and consumers wear the cost of tariffs, not China - then it would have been also Chinese importers and consumers who paid the price for Chinese government impsed tariffs on Australian goods, with no discernible effect on Australia. Were the ChiComms so stupid as to deliberately hurt their own companies and consumers? By Pakman's smug idiocy, yes. Chinese tariffs on Australian goods were calculated to inflict pain on Chinese importers and Chinese consumers, leaving Australia unaffected. The ChiComms oppose tariffs in their own goods because they want to protect American companies and consumers. And so they threaten to impose retaliatory tariffs of their own to hurt their own companies and consumers. |
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Title: Re: Trump and tariffs Post by Armchair_Politician on Nov 29th, 2024 at 3:31pm Frank wrote on Nov 29th, 2024 at 3:07pm:
You just don’t get it! |
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Title: Re: Trump and tariffs Post by Frank on Nov 29th, 2024 at 3:33pm Armchair_Politician wrote on Nov 29th, 2024 at 3:31pm:
:D I listened to Pakman and then explained why what he says is silly, ignorant bollocks. Why don't you explain how it's not? Go on. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Nov 29th, 2024 at 5:34pm Armchair_Politician wrote on Nov 29th, 2024 at 3:31pm:
Nope. And he never will. They believe whatever Trump says, no matter what. And in this case, Trump has absolutely no idea what he's talking about. |
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Title: Re: Trump and tariffs Post by Bobby. on Nov 29th, 2024 at 5:37pm
Only Trump will fix it.
The Chinese have been manipulating the world markets with: product dumping at below cost to destroy foreign competition, also Govt subsidies - That’s why BHP closed most of their steel mills. The Chinese have destroyed all their competition and it has cost us jobs. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Nov 29th, 2024 at 5:41pm Frank wrote on Nov 29th, 2024 at 3:33pm:
That's exactly how it is. The Tariffs are paid by the Americans, not the Chinese. What is a tariff? A tariff is a tax on imports, or foreign goods brought into the United States. Who pays for tariffs? This is a question that many Americans asked after the election. Trump has said foreign countries pay for tariffs, but tariffs are actually paid by American companies that import goods from abroad. So if an American car manufacturer is importing a part from Mexico, it will have to pay a tariff on the part once it arrives in the country. https://www.youtube.com/watch?v=x3UAeu4y_ow |
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Title: Re: Trump and tariffs Post by Jovial Monk on Nov 29th, 2024 at 5:43pm
Did Trumpy fix covid? Nope!
Hitting Chinese/Mexican/Canadian imports with tariffs will hurt. . .American consumers. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Nov 29th, 2024 at 5:45pm Jovial Monk wrote on Nov 29th, 2024 at 5:43pm:
It sure will, as they're the ones who pay. Literally. |
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Title: Re: Trump and tariffs Post by Jovial Monk on Nov 29th, 2024 at 5:48pm
Exactly!
Trumpy is going to see huge inflation. Lucky Americans! |
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Title: Re: Trump and tariffs Post by Frank on Nov 29th, 2024 at 5:51pm greggerypeccary wrote on Nov 29th, 2024 at 5:41pm:
If it was really as he says - American importers and consumers wear the cost of tariffs, not China - then it would have been also Chinese importers and consumers who paid the price for Chinese government impsed tariffs on Australian goods, with no discernible effect on Australia. Were the ChiComms so stupid as to deliberately hurt their own companies and consumers? By Pakman's smug idiocy, yes. Chinese tariffs on Australian goods were calculated to inflict pain on Chinese importers and Chinese consumers, leaving Australia unaffected. The ChiComms oppose tariffs in their own goods because they want to protect American companies and consumers. And so they threaten to impose retaliatory tariffs of their own to hurt their own companies and consumers. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Nov 29th, 2024 at 5:51pm Jovial Monk wrote on Nov 29th, 2024 at 5:48pm:
If he imposes the tariffs, inflation will skyrocket. And, the rapist will blame it all on the Biden administration and his cult members will believe him. You just wait and see. |
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Title: Re: Trump and tariffs Post by Frank on Nov 29th, 2024 at 6:00pm greggerypeccary wrote on Nov 29th, 2024 at 5:51pm:
You don't know what you are talking about, compulsive wankers. Biden has already imposed tariffs on China. As have India, the EU, Canada. Are they doing it to punish their own people? China imposed 200% tariffs on some Australian products. Was that punishing the Chinese consumers? Give your self-frigging a rest, you'll ruin another keyboard. |
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Title: Re: Trump and tariffs Post by Karnal on Nov 29th, 2024 at 6:09pm Frank wrote on Nov 29th, 2024 at 3:07pm:
Ah, the rat-cunning of the inscrutable Commie Chow, eh? Why yes, old boy, Xi's tariffs most certainly were calculated to price our fine Aussie wines, beef and soy beans out of the reach of the Chow consumer. That was exactly their intention. Your DL has other ideas. He pretends his tariffs are form of taxation - on the Chows! Yes, your DL harks back to the Golden Era of free trade when there was no income tax at all, just tariffs. He literally thinks his tariffs are a form of taxation on the Chinese government. He also thinks the Chinese government exports illegal fentanyl to kill Americans off. He says it all the time. Xi, he says, looking straight at the camera, stop sending your fentanyl and maybe I won't have to tariff you so bad. But worse, he thinks Xi's emptying out his jails, mental hospitals and mental asylums and sending them all to America - men of "military age" that look like "trained killers". God knows what they're sent in to do, he says, but it can't be good. Presumably, they're all practicing their kung fu moves in secret training camps all over America, like some Hong Kong action flick from the 1970s. If DL tariffs Xi, DL says, he might stop sending them in, so there's that. But there's also the additional revenue raising benefit of getting money out of Chi-na. A win-win, no? Do you know your problem, old boy? You're trying to defend the thought bubbles of an 80 year old reality TV celebrity with dementia. Why don't you just fess up? You know it's the most ridiculous krap we've ever heard from an elected official - from any country. Why don't you just admit it? You've been farmed. How does it feeeeel? |
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Title: Re: Trump and tariffs Post by Frank on Nov 29th, 2024 at 7:35pm FD wrote on Nov 29th, 2024 at 6:09pm:
Stupid waffle, son of Pakistan. It feels like being subjected to a trouser sniffing know nuffin's endless stupid grimacing tapdancing. That's how it feels. Bbwian with words. Chow tariff - cunning like you. But the chows lived. Aussie folded. Trump tariff ( (but not Biden, EU, curry muncher tariff) baaad. |
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Title: Re: Trump and tariffs Post by Bobby. on Nov 29th, 2024 at 7:49pm |
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Title: Re: Trump and tariffs Post by Karnal on Nov 29th, 2024 at 10:13pm Frank wrote on Nov 29th, 2024 at 7:35pm:
But of course it's stupid waffle. Your DL said. He's promised to tariff Chi-na. Fentanyl. Men of military age. Jails, mental hospitals and worse, mental asylum seekers. He's pretending to tax Chi-na, not American consumers paying 20% extra for their iPhones. He's using national security laws - traditionally used in times of war - to supposedly punish the Chows. Are you literally as dumb as he? Dumb as a rock, as Tillerson said. You. |
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Title: Re: Trump and tariffs Post by Frank on Nov 29th, 2024 at 10:18pm FD wrote on Nov 29th, 2024 at 10:13pm:
So Biden imposed tariffs on China to hurt Americans. Grin and tapdancer. |
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Title: Re: Trump and tariffs Post by Karnal on Nov 29th, 2024 at 10:35pm Frank wrote on Nov 29th, 2024 at 10:18pm:
Oh, I see. Are you saying Biden's just as bad? After everything you've said. The Biden crime family, the laptop from hell, the classified documents in his glovebox - Sleepy Joe secretly has a plan to tariff Chi-na's arse and pay off the US government deficit - using tariffs from Chi-na? Is that it? Do tell, dear boy. You're on a roll here. You go, girl. |
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Title: Re: Trump and tariffs Post by Frank on Nov 30th, 2024 at 9:27am FD wrote on Nov 29th, 2024 at 10:35pm:
Chow tariff - cunning like you. But the chows lived. Aussie folded. Trump tariff ( (but not Biden, EU, curry muncher tariff) baaad. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Nov 30th, 2024 at 9:30am FD wrote on Nov 29th, 2024 at 10:35pm:
He still doesn't get it, and he never will. |
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Title: Re: Trump and tariffs Post by Frank on Nov 30th, 2024 at 9:39am
GOOD, WISE, ASTUTE
President Biden’s economic plan is supporting investments and creating good jobs in key sectors that are vital for America’s economic future and national security. China’s unfair trade practices concerning technology transfer, intellectual property, and innovation are threatening American businesses and workers. China is also flooding global markets with artificially low-priced exports. In response to China’s unfair trade practices and to counteract the resulting harms, today, President Biden is directing his Trade Representative to increase tariffs under Section 301 of the Trade Act of 1974 on $18 billion of imports from China to protect American workers and businesses. https://www.whitehouse.gov/briefing-room/statements-releases/2024/05/14/fact-sheet-president-biden-takes-action-to-protect-american-workers-and-businesses-from-chinas-unfair-trade-practices/ BAAAAD, STUPID, DOESNT UNDERSTAND NUFFIN' President Trump’s economic plan is supporting investments and creating good jobs in key sectors that are vital for America’s economic future and national security. China’s unfair trade practices concerning technology transfer, intellectual property, and innovation are threatening American businesses and workers. China is also flooding global markets with artificially low-priced exports. In response to China’s unfair trade practices and to counteract the resulting harms, today, President Trump is directing his Trade Representative to increase tariffs under Section 301 of the Trade Act of 1974 on $18 billion of imports from China to protect American workers and businesses. |
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Title: Re: Trump and tariffs Post by Karnal on Nov 30th, 2024 at 4:27pm
Naughty naughty, old boy. You selectively edited, you silly old thing.
Biden's Chi-na tariffs are part of a far wider economic plan, linked with key legislation to secure microprocessors, roll out high speed broadband, lead the way on renewables and create jobs in the process. Quote:
Your DL doesn't just want to tariff Chi-na, he wants to tariff Everybody. He sells tariffs, the "most beautiful word in the dictionary", as a revenue raising measure. He's even floated the idea of replacing income taxes with them. Biden's tariffs are directed at Chi-na as an economic/security measure. They're one component of an infrastructure/chips plan to make the US self sufficient in high tech manufacturing. They're linked to actual government investment in these areas and they've brought manufacturing back to the US - the exact opposite of your DL's failed first term in office, which saw the biggest manufacturing trade deficit to China in years. Your DL was forced to import the face masks he never wore and the hand sanitizer he wanted to inject lungs with. Biden learned from your DL's failures: the US needs to become self sufficient in key manufacturing areas as a national security measure. Your DL wants to use tariffs, a direct quote, to "tax Chi-na", along with everybody else. Look, if your cult leader doesn't even understand how tariffs work, how is he possibly going to secure the kind of critical infrastructure he requires to make America great? Biden's been spending the past four years getting 5G processors manufactured onshore. The aim is to build the infrastructure required for the next technological shift, AI, and prevent this technology being controlled by Beijing, which is already a decade ahead of the US in this area. While your DL's been shrieking about Chi-na emptying out it's prisons, mental hospitals and mental asylums (which he thinks are far worse), Sleepy Joe's been quietly getting bills passed and rolling out the transition to smart, renewable technology. This was definitely a missed opportunity for Karmala in the last election - to explain this transition, to make it a central part of her campaign. The contrast between the two visions - and the stakes for the global economy - could not be starker. Your DL wants a return to a fossil fuel economy and the golden age of trade wars - without having the first idea about how they work. He thinks the US government can control the flow of US oil. He thinks tariffs are a tax on foreign countries, so that's he. But do you know? Your cult-like devotion to such a vision explains everything we need to know about you. You? Yes, you naughty old thing, you. |
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Title: Re: Trump and tariffs Post by aquascoot on Nov 30th, 2024 at 4:36pm greggerypeccary wrote on Nov 29th, 2024 at 5:51pm:
i think that if inflation does go up, he would be wise to blame biden. same goes for the border trump has such powers of persuasion he could sell a bacon sandwich to the ayatollah. and the game of politics is all about persuasion and selling and about being able to grab the microphone and riff he was born to be president. mere sardines like gweg and karmal can only look on in awe ;D ;D |
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Title: Re: Trump and tariffs Post by greggerypeccary on Nov 30th, 2024 at 4:44pm aquascoot wrote on Nov 30th, 2024 at 4:36pm:
Yet, he can't sell steaks, vodka, gambling, mortgages, holidays, board games, ice, mattresses, vitamins, urine test kits, magazines, or cologne to Americans. Thoughts? |
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Title: Re: Trump and tariffs Post by Frank on Nov 30th, 2024 at 4:52pm FD wrote on Nov 30th, 2024 at 4:27pm:
Silly waffle and piggy tapdancing on ice. Does Biden understand tariffs? Does he think tariffs on China are a tax on a foreign country? FACT SHEET: President Biden Takes Action to Protect American Workers and Businesses from China’s Unfair Trade Practices President Biden’s economic plan is supporting investments and creating good jobs in key sectors that are vital for America’s economic future and national security. China’s unfair trade practices concerning technology transfer, intellectual property, and innovation are threatening American businesses and workers. China is also flooding global markets with artificially low-priced exports. In response to China’s unfair trade practices and to counteract the resulting harms, today, President Biden is directing his Trade Representative to increase tariffs under Section 301 of the Trade Act of 1974 on $18 billion of imports from China to protect American workers and businesses. https://www.whitehouse.gov/briefing-room/statements-releases/2024/05/14/fact-sheet-president-biden-takes-action-to-protect-american-workers-and-businesses-from-chinas-unfair-trade-practices/ Silly old Biden, he doesn't understand tariffs. Your cult-like devotion to such a Biden vision explains everything we need to know about you. "Oh! Look over there!! TRUMP!" |
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Title: Re: Trump and tariffs Post by Frank on Nov 30th, 2024 at 5:02pm greggerypeccary wrote on Nov 30th, 2024 at 4:44pm:
Never mind the bollocks, here's Trump victory. The Dow Jones Industrial Average soared to a record high, closing up more than 1,500 points on Wednesday after Trump won the presidential election over Vice President Kamala Harris. Meanwhile, the Nasdaq and S&P 500 each rose by more than 2% on Wednesday to also hit new highs. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Nov 30th, 2024 at 5:28pm Frank wrote on Nov 30th, 2024 at 5:02pm:
Not bollocks. Facts. The rapist couldn't sell steaks, vodka, gambling, mortgages, holidays, board games, ice, mattresses, vitamins, urine test kits, magazines, or cologne to Americans. Yet scooter says: "trump has such powers of persuasion he could sell a bacon sandwich to the ayatollah." Something doesn't add up, old boy. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Nov 30th, 2024 at 5:30pm Frank wrote on Nov 30th, 2024 at 5:02pm:
Ah. And who was POTUS on Wednesday? I'm curious. |
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Title: Re: Trump and tariffs Post by Frank on Nov 30th, 2024 at 7:33pm greggerypeccary wrote on Nov 30th, 2024 at 5:30pm:
Don't delete the pertinent bit: ...after Trump won the presidential election over Vice President Kamala Harris. You are a dishonest, lying, contemptible little shhit, contemptible little lying shhit. Creep. |
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Title: Re: Trump and tariffs Post by Karnal on Dec 1st, 2024 at 12:52am aquascoot wrote on Nov 30th, 2024 at 4:36pm:
Or he could blame Elon. That could work, no? Elon made him so tariffs! How very dare he! That way, he gets rid of Elon who by the time he's sworn in will be getting right up his nose. Dark MAGA. What a load of krap. Whoever heard of a goth futurist? |
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Title: Re: Trump and tariffs Post by Karnal on Dec 1st, 2024 at 12:56am Frank wrote on Nov 30th, 2024 at 4:52pm:
They're not sending in their best, dear boy. They're not sending you. They're rapists, they bring in drugs and some, I assume, are good people. Men of military age. Stone Cold killers. You. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 1st, 2024 at 8:36am Frank wrote on Nov 30th, 2024 at 7:33pm:
And who was POTUS on Wednesday? |
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Title: Re: Trump and tariffs Post by Frank on Dec 1st, 2024 at 8:50am greggerypeccary wrote on Dec 1st, 2024 at 8:36am:
Yeah, GOOD question! Who indeed? Nobody knows. It's been a mystery for a couple of years now. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 1st, 2024 at 8:55am Frank wrote on Dec 1st, 2024 at 8:50am:
Sure, nobody knows who's President when the good stuff is happening. "The market returns under Biden are the second best in modern history going back to 1945, Stovall found. The only stronger performance was during the booming dotcom days under former President Bill Clinton during the 1990s." But when bad stuff is happening, Biden is definitely POTUS - right? |
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Title: Re: Trump and tariffs Post by Karnal on Dec 1st, 2024 at 6:06pm greggerypeccary wrote on Dec 1st, 2024 at 8:55am:
Definitely. The numbers are IN. When the markets respond to DL's trade wars, we'll remember this post. DL can't change numbers, nor can sycophantic cult followers like the old boy. We're onto them. |
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Title: Re: Trump and tariffs Post by Dnarever on Dec 1st, 2024 at 8:00pm greggerypeccary wrote on Nov 29th, 2024 at 5:34pm:
Careful Greggery or Frank will insult you. |
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Title: Re: Trump and tariffs Post by Mortdooley on Dec 1st, 2024 at 10:11pm Armchair_Politician wrote on Nov 29th, 2024 at 9:53am:
Sounds reasonable but not very accurate. The end user pays everything, every expense is passed on as a cost of doing business. China as an example doesn't pay the tariffs, it just sees orders reduced or even end because customers go somewhere else to buy the same or similar product for a better price. Tariffs effect the producer of goods by making them more expensive. The difference in a product using starvation wage workers is always cheaper than a company that pays a living wage. Tariffs can level the consumer cost in favor of the company that pays well for workers. There are no tariffs on domestically produced goods and for all you "save the earth" people" carbon emissions are far less when your products don't need to be transported from another continent. The boy seems to think consumers will just pay the new price and cry that mean old Trump is to blame. It can make domestically produced products profitable again as an added benefit. You're just like the people who want property owners to pay higher taxes so they can have more government services but can't understand why their rent increased. |
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Title: Re: Trump and tariffs Post by Brian Ross on Dec 1st, 2024 at 10:50pm |
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Title: Re: Trump and tariffs Post by Karnal on Dec 1st, 2024 at 11:08pm Dnarever wrote on Dec 1st, 2024 at 8:00pm:
Ooh! |
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Title: Re: Trump and tariffs Post by Karnal on Dec 1st, 2024 at 11:10pm Mortdooley wrote on Dec 1st, 2024 at 10:11pm:
I see. So who pays the tariffs, Mort? That's a question. |
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Title: Re: Trump and tariffs Post by Brian Ross on Dec 2nd, 2024 at 5:31pm |
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Title: Re: Trump and tariffs Post by Frank on Dec 2nd, 2024 at 5:33pm Brian Ross wrote on Dec 2nd, 2024 at 5:31pm:
Look! LOOK! He can post ABC headlines! You got jaw lock, cockwomble? |
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Title: Re: Trump and tariffs Post by Brian Ross on Dec 2nd, 2024 at 7:55pm |
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Title: Re: Trump and tariffs Post by Mortdooley on Dec 2nd, 2024 at 8:53pm FD wrote on Dec 1st, 2024 at 11:10pm:
No one if a legal product starts to be produced domestically or desire for that product ends. Tariffs are tools to negotiate with, we need border control and the two Countries on our borders are not helping. All they have to do is control their side of the border, it isn't hard if they will just do it. |
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Title: Re: Trump and tariffs Post by Karnal on Dec 3rd, 2024 at 12:49am Mortdooley wrote on Dec 2nd, 2024 at 8:53pm:
You heard it here first, leftards. No one pays for tariffs. All those figures DL keeps spewing out - 25%, 100%, maybe more. No one ends up paying - if legal products start to be produced domestically or desire for that product ends. We'll win so much we'll grow tired of winning, no? Once all those foreign companies pack up, move to America, invest a few bil, build new manufacturing plants, employ millions of cheap workers and sell their lovely new products, next decade. They'll need to import a few million workers to get it all going, of course, but by then, Mort and his DL will be long gone. We'll hear their chants from the grave. SEND THEM BACK !!! |
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Title: Re: Trump and tariffs Post by Frank on Dec 3rd, 2024 at 12:13pm FD wrote on Dec 3rd, 2024 at 12:49am:
That's enough idiotic grimacing. Trump told Trudeau that if Canada can’t survive without ripping off the US, then perhaps they should be annexed ;D https://x.com/EndWokeness/status/1863741063011225962 |
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Title: Re: Trump and tariffs Post by aquascoot on Dec 3rd, 2024 at 12:18pm FD wrote on Dec 3rd, 2024 at 12:49am:
clearly the fine citizens of the USA did not feel like they were winning under the rule of the leftie intellectuals and the washington elite if the lefties didnt want to be chucked out of office , maybe they should have made sure that the 'winning' wasnt confined to the elites they better have a rethink and admit they screwed up or remain in the wilderness yawning, ruining keyboards and posting silly snide comments ::) |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 3rd, 2024 at 12:46pm FD wrote on Dec 3rd, 2024 at 12:49am:
;D They just don't get it. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 3rd, 2024 at 1:52pm Pakman has to explain to yet another dopey right-winger how tariffs work. Hilarious. https://www.youtube.com/watch?v=HKOJlmHOGg8 |
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Title: Re: Trump and tariffs Post by Frank on Dec 3rd, 2024 at 1:59pm greggerypeccary wrote on Dec 3rd, 2024 at 1:52pm:
Pakman is a smug eejit like you, groggy. He reads and consumes Big Media and then regurgitated it. Neither you nor Prattleman explained this: In response to China’s unfair trade practices and to counteract the resulting harms, today, President Biden is directing his Trade Representative to increase tariffs under Section 301 of the Trade Act of 1974 on $18 billion of imports from China to protect American workers and businesses. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 3rd, 2024 at 2:03pm Frank wrote on Dec 3rd, 2024 at 1:59pm:
... knows how tariffs work. Yes. Everything he said in the video was 100% correct. The right-wing podcaster thought that China paid the tariffs ;D |
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Title: Re: Trump and tariffs Post by aquascoot on Dec 3rd, 2024 at 2:27pm greggerypeccary wrote on Dec 3rd, 2024 at 12:46pm:
we get who won the election ;D ;D |
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Title: Re: Trump and tariffs Post by Leroy on Dec 3rd, 2024 at 2:28pm
tariffs do work. Yes there is pain in the beginning until manufacturing responds and then the next generation benefits from the tariffs. If America continues to allow China to dominate manufacturing domestic products then China will have a stranglehold on the American economy.
Who pays the tariff is the importer and the tariff goes to the government who then use that money to reduce costs in other areas of the economy. China will end up owning America if the democrats were left to govern, Biden and co would be very wealthy but the average person would be decimated and dependent on China. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 3rd, 2024 at 5:42pm Leroy wrote on Dec 3rd, 2024 at 2:28pm:
Yes. Nobody has said they don't. They work when they are strategically targeted. However, the rapist's plan for a blanket tariff will not work. Unless, of course, his goal is driving up inflation and making the average American poorer. In that case, it'll work. |
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Title: Re: Trump and tariffs Post by Leroy on Dec 3rd, 2024 at 6:07pm
The blanket ban is the starting point, through negotiation this will change. People are more concerned about rising mortgages, energy and food costs and no one is complaining about the price of iphones or sneekers.
The tariffs raised will help to lower prices on energy, fuel and groceries. |
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Title: Re: Trump and tariffs Post by Karnal on Dec 3rd, 2024 at 6:09pm aquascoot wrote on Dec 3rd, 2024 at 2:27pm:
Do you now? Do you get how all your farming and mining friends will now lose valuable contracts in Chi-na, due to your DL's tariffs? Winners are grinners, no? |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 3rd, 2024 at 6:14pm Leroy wrote on Dec 3rd, 2024 at 6:07pm:
Respondents in a recent survey overwhelmingly feel that Apple's phones are overpriced, yet two out of five would go into credit card debt to get the iPhone 16. Will the tariffs imposed on China: a) make iPhones cheaper, or b) make iPhones more expensive? |
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Title: Re: Trump and tariffs Post by Leroy on Dec 3rd, 2024 at 6:20pm Who cares you can buy an android for less than half the price. If you are worried about the price of iphones nothing is going to make you happy, you will constantly be chasing your tail to have the latest anything. |
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Title: Re: Trump and tariffs Post by Karnal on Dec 3rd, 2024 at 6:21pm greggerypeccary wrote on Dec 3rd, 2024 at 6:14pm:
That's a tough one, Greggery. Would you like Leroy to factor in the cost of importing millions of cheap labourers to work round the clock for less than the minimum wage? |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 3rd, 2024 at 6:29pm Leroy wrote on Dec 3rd, 2024 at 6:20pm:
Most android phones are made in China. Will the blanket tariffs imposed on China: a) make android phones cheaper, or b) make android phones more expensive? For those playing at home, the answer is b) the tariffs will make android phones more expensive. Will this make the average MAGA cultist: a) happy that they voted for Trump, or b) unhappy that they voted for Trump? |
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Title: Re: Trump and tariffs Post by Leroy on Dec 3rd, 2024 at 6:37pm
The price of mobile phones is of little concern to most Americans, heating their house and putting food on the table is more urgent. Trumps plan is not about cheap phones.
reducing mortgages and consolidating the prices of groceries is far more important. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 3rd, 2024 at 6:48pm Leroy wrote on Dec 3rd, 2024 at 6:37pm:
His blanket tariffs idea will send inflation through the roof. Not only will every American be paying more for their smartphones, they'll also pay more for their groceries. Approximately 310 million Americans use smartphones, and about 335 million of them need groceries to survive. Although it remains to be seen what he does as president, ahead of the Nov. 5 election Trump proposed a 10% tariff on all U.S. imports, as well as a 60% tariff on products from China. Manufacturers and retailers typically pass on at least some of those costs to customers. As a result, hefty new tariffs could cause prices for a range of consumer goods, from everyday items such as groceries to less frequent purchases like furniture, to rise, according to the analysis from Third Way. Trump's tariffs could cause a typical family's annual grocery budget in 2025 to swell by almost $200 next year, which would amount to an increase of more than 3%, according to Third Way. |
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Title: Re: Trump and tariffs Post by Frank on Dec 3rd, 2024 at 9:08pm greggerypeccary wrote on Dec 3rd, 2024 at 2:03pm:
China - all exporters to the US - will pay for the tariffs through loss of sales. Prattleman's stupid schtik is about paying directly to the US government. But that is not the point of tariffs on hostile / unfair competitors. Look at the reasons for Biden introducing tariffs. Prattleman doesn't talk about that, nor you. He doesnt say that Biden doesnt know what he is talking about or that Biden doesnt get it. Nor do you say it, creep. Why is that? |
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Title: Re: Trump and tariffs Post by Karnal on Dec 3rd, 2024 at 10:06pm Frank wrote on Dec 3rd, 2024 at 9:08pm:
No, that's not what your cult leader said, dear boy. Don't play games. He said Chi-na would foot the bill for the tariffs, paying the taxes directly to the US government. He said the same about foreign countries and NATO, suggesting they pay NATO a "bill", rather than investing a percentage of their GDP in their militaries. And yes, he said the same about Mexico, who were supposed to pay for his big, beautiful wall - all 28 new km of which he constructed. So, is your DL stupid - or mendacious? And how about you? |
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Title: Re: Trump and tariffs Post by Leroy on Dec 3rd, 2024 at 10:11pm greggerypeccary wrote on Dec 3rd, 2024 at 6:29pm:
I don't think the price of phones bothers anyone except maybe you? No, what do you say. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 3rd, 2024 at 11:04pm Leroy wrote on Dec 3rd, 2024 at 10:11pm:
Respondents in a recent survey overwhelmingly feel that Apple's phones are overpriced, yet two out of five would go into credit card debt to get the iPhone 16. |
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Title: Re: Trump and tariffs Post by Frank on Dec 3rd, 2024 at 11:21pm FD wrote on Dec 3rd, 2024 at 10:06pm:
You are lying, badly. |
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Title: Re: Trump and tariffs Post by SadKangaroo on Dec 4th, 2024 at 9:40am Frank wrote on Dec 3rd, 2024 at 11:21pm:
What sort of evidence would you need to see to change your mind? Would a section of a rally where he's saying it will be the other countries that pay the tariffs, not the US people? what about a tweet? |
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Title: Re: Trump and tariffs Post by Frank on Dec 4th, 2024 at 9:46am ProudKangaroo wrote on Dec 4th, 2024 at 9:40am:
Where Trump says that the Chinese will pay 'taxes directly to the US government'. It was highlighted already, did you not see it? |
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Title: Re: Trump and tariffs Post by MeisterEckhart on Dec 4th, 2024 at 9:48am FD wrote on Dec 3rd, 2024 at 10:06pm:
Trump did say that, or something similar, at his rallies. But I don't believe he will impose crippling tariffs that, of course, would hit US consumers directly. And I'm sure he's aware of that. The tariffs rants were just that - the usual campaign bullshit all politicians indulge in. Trump was counting on his base having little to no comprehension of what tariffs are - I think his hunch was right. |
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Title: Re: Trump and tariffs Post by SadKangaroo on Dec 4th, 2024 at 9:50am Frank wrote on Dec 4th, 2024 at 9:46am:
So if Trump says he's putting a tax on another country, when talking about tariffs on China, is he lying? Is he not saying they're going to pay taxes to the US government? |
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Title: Re: Trump and tariffs Post by Leroy on Dec 4th, 2024 at 9:53am
.
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Title: Re: Trump and tariffs Post by MeisterEckhart on Dec 4th, 2024 at 9:57am
Maybe the Democrats should have countered Trump's tariff bullshit in terms Trump's base would have understood.
Like, say: Old Macdonald had a farm EiEiO. And on that farm were Chinese goods EIEIO. But with a tariff here and a tariff there, Here a tariff, there a tariff, everywhere a tariff... Old Macdonald lost his farm EIEIO. |
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Title: Re: Trump and tariffs Post by Leroy on Dec 4th, 2024 at 10:05am Armchair_Politician wrote on Nov 29th, 2024 at 10:48am:
So your solution is buy everything from China and that will create jobs and push down inflation. |
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Title: Re: Trump and tariffs Post by thegreatdivide on Dec 4th, 2024 at 10:17am Leroy wrote on Dec 4th, 2024 at 10:05am:
No; Biden's solution: public funding (via tax credits) for the CHIPS and IRA bills passed by Congress, to enable US-based companies to compete with China. Trump would b foolish to cancel THAT government spending. |
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Title: Re: Trump and tariffs Post by Leroy on Dec 4th, 2024 at 10:25am thegreatdivide wrote on Dec 4th, 2024 at 10:17am:
Jobs in manufacturing under Trump were steadily rising each year, after four years manufacturing jobs under Biden is below what they were when he took over from Trump. Biden has a net loss of manufacturing jobs in his four years. |
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Title: Re: Trump and tariffs Post by SadKangaroo on Dec 4th, 2024 at 11:05am Leroy wrote on Dec 4th, 2024 at 10:25am:
I was under the impression, after checking Biden's claim about creating 800,000 jobs, it’s more accurate to say 589k manufacturing jobs were recovered and 175k created. So they're still in a net gain. But I'd have to look at the numbers again to be sure. Did you have a link to the official figures by any chance, save me some leg work? |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 4th, 2024 at 11:14am Leroy wrote on Dec 4th, 2024 at 10:25am:
Since Biden and Harris took office in January 2021, more than 775,000 manufacturing jobs have been added to the economy, not simply recovering from, but exceeding the manufacturing jobs lost during the COVID-19 pandemic. -------------------------------------------------------------------- Since President Joe Biden and Vice President Kamala Harris took office in January 2021, more than 775,000 manufacturing jobs have been added to the economy. The growth is expected to continue, with the Biden-Harris Inflation Reduction Act, Bipartisan Infrastructure Law, and CHIPS and Science Act estimated to create 336,000 manufacturing jobs a year until 2035. In contrast, more than 200,000 manufacturing jobs were lost during former President Donald Trump’s single term. Even before the COVID-19 pandemic manufacturing job growth had all but plateaued under the Trump administration. |
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Title: Re: Trump and tariffs Post by Leroy on Dec 4th, 2024 at 11:15am ProudKangaroo wrote on Dec 4th, 2024 at 11:05am:
I just did a quick check on stats and when Biden took office there were just over 15mil workers in manufacturing and at the moment there is about 14.9mil. |
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Title: Re: Trump and tariffs Post by Frank on Dec 4th, 2024 at 11:17am greggerypeccary wrote on Dec 4th, 2024 at 11:14am:
Dem/Greens say Dem/Greens are the Best! Yay! |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 4th, 2024 at 11:18am greggerypeccary wrote on Dec 4th, 2024 at 11:14am:
Federal data shows that manufacturing employment has increased by 789,000 since Biden took office in January 2021. The first three-quarters of those jobs represent a return to previous manufacturing employment levels, but history shows that is rare. The post-recession gains in manufacturing employment under Biden have been the strongest in 72 years, and the second strongest since World War II. |
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Title: Re: Trump and tariffs Post by Frank on Dec 4th, 2024 at 11:23am greggerypeccary wrote on Dec 4th, 2024 at 11:18am:
And Biden beat Medicare, too!! ;D ;D ;D More self-care and amusing exhibitions of agony. |
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Title: Re: Trump and tariffs Post by Leroy on Dec 4th, 2024 at 11:27am
Its real easy, in 2019 there were 15062000 people working in manufacturing jobs, in 2o24 there are 14900000 people working in manufacturing jobs.
You sound a bit like someone after being beaten by 200 runs in a cricket match saying we scored the most runs in the 32nd over. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 4th, 2024 at 11:31am Leroy wrote on Dec 4th, 2024 at 11:27am:
Indeed. The post-recession gains in manufacturing employment under Biden have been the strongest in 72 years, and the second strongest since World War II. |
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Title: Re: Trump and tariffs Post by Leroy on Dec 4th, 2024 at 11:36am greggerypeccary wrote on Dec 4th, 2024 at 11:31am:
Its a world record no president has recovered this strongly from a covid pandemic. There are other records too, under Biden sales of masks hit record numbers, no other president in history has sold half as many masks as Biden. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 4th, 2024 at 11:41am Leroy wrote on Dec 4th, 2024 at 11:36am:
And still, the post-recession gains in manufacturing employment under Biden have been the strongest in 72 years, and the second strongest since World War II. |
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Title: Re: Trump and tariffs Post by thegreatdivide on Dec 4th, 2024 at 11:44am Leroy wrote on Dec 4th, 2024 at 11:27am:
So - if your figures are correct, some manufacturing jobs were lost in the pandemic lockdowns (2020-2), beyond the control of either Trump or Biden. Greg has supplied the links re the relevant job creation stats (in #84). So...do you want to cease government funding of Biden's CHIPS, IRA, and Science acts? |
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Title: Re: Trump and tariffs Post by Leroy on Dec 4th, 2024 at 11:48am greggerypeccary wrote on Dec 4th, 2024 at 11:41am:
And I can see you are proud of that darling. |
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Title: Re: Trump and tariffs Post by Karnal on Dec 4th, 2024 at 11:51am Leroy wrote on Dec 4th, 2024 at 11:27am:
Thanks, Leroy. Have you posted a link to these figures? We'll have a little look-see. |
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Title: Re: Trump and tariffs Post by Leroy on Dec 4th, 2024 at 12:02pm thegreatdivide wrote on Dec 4th, 2024 at 11:44am:
Bidens term and covid are not in the same time span, I don't care if you want to compare two different things to meet your agenda, thats something you have to deal with. Facts are there were more manufacturing jobs in 2019 than there is today. And just to be clear in 2018 there were 14855200 jobs and in 2019 there were 15065200 jobs. Why not pay for CHIPS, IRA ect with Tariffs. |
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Title: Re: Trump and tariffs Post by Karnal on Dec 4th, 2024 at 12:37pm FD wrote on Dec 4th, 2024 at 11:51am:
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Title: Re: Trump and tariffs Post by thegreatdivide on Dec 4th, 2024 at 12:52pm Leroy wrote on Dec 4th, 2024 at 12:02pm:
Your error: Biden was elected because of the poor economy at the start of his term when the pandemic was coming to an end; Trump would almost certainly have been re-elected if covid hadn't ruined the economy in his last year as prez. Quote:
I don't; see above. Quote:
Greg's link: "...more than 200,000 manufacturing jobs were lost during former President Donald Trump’s single term. Even before the COVID-19 pandemic manufacturing job growth had all but plateaued under the Trump administration". So, how to explain the discrepancy in these "facts"? Quote:
before the pandemic closed down the economy. Quote:
Because tariffs alone won't pay for those schemes, while higher inflation from tariffs is hurting other businesses who rely on consumers' purchasing power. . But it's good to see you like Biden's 'big government' policies (costing $trillions in public funding). |
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Title: Re: Trump and tariffs Post by Leroy on Dec 4th, 2024 at 12:52pm FD wrote on Dec 4th, 2024 at 12:37pm:
[/quote] Why do I need to, if you are going to comment then make your comment, don't rely on me to do your research for you. If you have no idea about the figures then don't comment. |
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Title: Re: Trump and tariffs Post by thegreatdivide on Dec 4th, 2024 at 1:50pm Leroy wrote on Dec 4th, 2024 at 12:52pm:
yes, you need to, so we can sort out the discrepancy beween the facts re job creation in the Trump and Biden terms of office. Greg has linked to a serious examination of the data, you have merely asserted an increase in manufacturing jobs in 2019, and that there are less manufacturing jobs in the US in 2024 than in 2019. (I'm wondering if your 2nd assertion conflates both manufacturing and non-manufacturing jobs, which might explain the discrepancy in the "facts" as presented so far). |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 4th, 2024 at 2:07pm Leroy wrote on Dec 4th, 2024 at 12:52pm:
That's how the world works, dear. Arguing in good faith and all that. You've made a claim, so the onus is now on you to provide the proof. |
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Title: Re: Trump and tariffs Post by Leroy on Dec 4th, 2024 at 2:14pm greggerypeccary wrote on Dec 4th, 2024 at 2:07pm:
OK show me proof that I need to show proof sweetie. |
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Title: Re: Trump and tariffs Post by Leroy on Dec 4th, 2024 at 2:19pm thegreatdivide wrote on Dec 4th, 2024 at 1:50pm:
Makes no difference to me, if you don't know what the figures are then thats on you. I did my research and posted my observations, if you don't believe me then hooray for you. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 4th, 2024 at 2:21pm Leroy wrote on Dec 4th, 2024 at 2:14pm:
Meh. You had your chance, and you blew it. Don't expect to ever be taken seriously in this forum ... sweetie. |
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Title: Re: Trump and tariffs Post by Leroy on Dec 4th, 2024 at 2:27pm greggerypeccary wrote on Dec 4th, 2024 at 2:21pm:
OH no I've blown my chance to have Greggs pecker take me serious. Don't you believe in second chances or even a pardon darling?. |
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Title: Re: Trump and tariffs Post by Brian Ross on Dec 4th, 2024 at 2:39pm |
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Title: Re: Trump and tariffs Post by thegreatdivide on Dec 4th, 2024 at 4:41pm Leroy wrote on Dec 4th, 2024 at 2:19pm:
I do know what the figures we are currently discussing are: we have two sets of figures - yours and gregs (in #84). The latter set from a linked article showing an in-depth examination of the jobs data. cf, your own two-line assertion re job creation in 2019 and a comparison with total (manufacturing?) jobs in 2019 and 2024. Note: ozpol is not an 'X' or Sky News echo-chamber. Btw how about acknowledging your particular error which I pointed out to you, in my post #98 and which you decided to ignore? |
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Title: Re: Trump and tariffs Post by Bobby. on Dec 4th, 2024 at 4:47pm Leroy wrote on Dec 4th, 2024 at 2:27pm:
We call him curly. How's it going over there curly ? - old darling. ;D |
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Title: Re: Trump and tariffs Post by Leroy on Dec 4th, 2024 at 4:48pm thegreatdivide wrote on Dec 4th, 2024 at 4:41pm:
Don't you know how to look up manufacturing job numbers for each year?. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 4th, 2024 at 4:50pm Since Biden and Harris took office in January 2021, more than 775,000 manufacturing jobs have been added to the economy, not simply recovering from, but exceeding the manufacturing jobs lost during the COVID-19 pandemic. -------------------------------------------------------------------- Since President Joe Biden and Vice President Kamala Harris took office in January 2021, more than 775,000 manufacturing jobs have been added to the economy. The growth is expected to continue, with the Biden-Harris Inflation Reduction Act, Bipartisan Infrastructure Law, and CHIPS and Science Act estimated to create 336,000 manufacturing jobs a year until 2035. In contrast, more than 200,000 manufacturing jobs were lost during former President Donald Trump’s single term. Even before the COVID-19 pandemic manufacturing job growth had all but plateaued under the Trump administration. |
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Title: Re: Trump and tariffs Post by thegreatdivide on Dec 4th, 2024 at 4:52pm Leroy wrote on Dec 4th, 2024 at 4:48pm:
We are dealing with TWO sets of numbers. You refuse to link yours. You lose the debate. |
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Title: Re: Trump and tariffs Post by Leroy on Dec 4th, 2024 at 5:02pm thegreatdivide wrote on Dec 4th, 2024 at 4:52pm:
Hey thats fine, if you just believe what someone tells you without doing a bit of research then you will probably win a lot of debates. I do my research so I know what the facts actually are and not what some random poster thinks. Its not my responsibility to inform you on what you are debating, if you don't know something then just research it before commenting on it. You could research it or you could just rely on another posters post. |
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Title: Re: Trump and tariffs Post by Bobby. on Dec 4th, 2024 at 5:04pm greggerypeccary wrote on Dec 4th, 2024 at 4:50pm:
Greggy is supporting crooked Joe Biden. :-[ |
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Title: Re: Trump and tariffs Post by John Smith on Dec 4th, 2024 at 5:39pm Leroy wrote on Dec 4th, 2024 at 12:52pm:
What are you? 10 yrs old? :D :D You make a claim then it's up to you to prove it. |
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Title: Re: Trump and tariffs Post by John Smith on Dec 4th, 2024 at 5:40pm Leroy wrote on Dec 4th, 2024 at 4:48pm:
What he doesn't know is if YOU know how to look them up :D |
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Title: Re: Trump and tariffs Post by Leroy on Dec 4th, 2024 at 5:45pm John Smith wrote on Dec 4th, 2024 at 5:39pm:
I don't give a poo what you think. If I was 10 yrs old I would down the back of the school surrounded by a bunch of bullies chanting "prove it prove it" |
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Title: Re: Trump and tariffs Post by John Smith on Dec 4th, 2024 at 5:46pm Leroy wrote on Dec 4th, 2024 at 5:45pm:
You gave a poo enough to respond ya dumbarse. ::) |
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Title: Re: Trump and tariffs Post by Leroy on Dec 4th, 2024 at 5:48pm John Smith wrote on Dec 4th, 2024 at 5:40pm:
That is of no concern to me, however why the attention, have you some rules that I need to adhere to. |
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Title: Re: Trump and tariffs Post by thegreatdivide on Dec 4th, 2024 at 5:50pm Leroy wrote on Dec 4th, 2024 at 5:02pm:
No, I'm reading the linked report from one set of experts, and waiting for your link to reveal the quality of your assertions...spot the difference? And I have reason NOT to rely on your assertions: you couldn't even defend an error you made re the period affected by the pandemic (which included parts of both Trump and Biden's terms). Quote:
Another gross error (your 2nd, regardless of the veracity of your unlinked assertions): the article to which Greg linked is not what "some random poster thinks", it's the research of serious researchers. Quote:
Another clanger :(: we are debating Trump and tariffs, and Trump's job creation cf. Biden's term. Quote:
Addressed above. It's time for you to post your link to qualified researchers backing your assertions re the jobs data. |
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Title: Re: Trump and tariffs Post by John Smith on Dec 4th, 2024 at 5:53pm Leroy wrote on Dec 4th, 2024 at 5:48pm:
Rule? It's standard practice that when you make a claim, you support it with evidence. At least it is if you want to be taken seriously. Your reluctance to provide any indicates that you most likely made it up. |
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Title: Re: Trump and tariffs Post by Frank on Dec 4th, 2024 at 6:08pm John Smith wrote on Dec 4th, 2024 at 5:53pm:
:D :D :D Which is why nobody has ever taken you seriously, thicko as mince-o. You blurt and then scuttle. You never provide any evidence, except for your sheer, unbridled stupidity. Last 25 moronic posts of yours - not one had any supporting evidence. You just mouth off as the thicko git you are, then go all 'oh, oh, standard practice". What a pathetic little mutt you are. |
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Title: Re: Trump and tariffs Post by Leroy on Dec 4th, 2024 at 7:00pm John Smith wrote on Dec 4th, 2024 at 5:53pm:
Settle John, don't take me serious, I promise I'll get over it. I seriously don't care if you think I made it up. |
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Title: Re: Trump and tariffs Post by Leroy on Dec 4th, 2024 at 7:02pm thegreatdivide wrote on Dec 4th, 2024 at 5:50pm:
Another clanger :(: we are debating Trump and tariffs, and Trump's job creation cf. Biden's term. Quote:
Addressed above. It's time for you to post your link to qualified researchers backing your assertions re the jobs data. [/quote] I'm not trying to change your mind, you believe what you believe and I believe what I believe, you can even call me names and I won't mind. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 4th, 2024 at 7:05pm The non-partisan Peterson Institute for International Economics has estimated Trump’s new proposed tariffs would lower the incomes of Americans, with the impact ranging from around 4% for the poorest fifth to around 2% for the wealthiest fifth. A typical household in the middle of the US income distribution, the think tank estimates, would lose around $1,700 each year. |
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Title: Re: Trump and tariffs Post by Dnarever on Dec 4th, 2024 at 7:35pm
China cuts $690B in US imports.
Soybeans and corn switched from USA to Brazil and Argentina. OH and they cut back on Australian imports as well. |
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Title: Re: Trump and tariffs Post by Leroy on Dec 4th, 2024 at 7:44pm Dnarever wrote on Dec 4th, 2024 at 7:35pm:
China do this all the time, Australian wine was dumped, beef is banned due to some test. China will squeeze you into the ground and if you become to reliant they completely gut you. America need a trade war so they can see what they are in for. Better now then later when China have more leverage. Its too late for Australia, China has already attached all the strings. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 4th, 2024 at 8:01pm Most of the MAGA cultists' pick-up trucks and imported beers come from Mexico. This is gonna be fun :) |
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Title: Re: Trump and tariffs Post by aquascoot on Dec 4th, 2024 at 8:22pm Frank wrote on Dec 4th, 2024 at 6:08pm:
sometimes i think bwians yawns are better reading then a smith post ;) |
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Title: Re: Trump and tariffs Post by Karnal on Dec 4th, 2024 at 10:17pm Leroy wrote on Dec 4th, 2024 at 12:52pm:
No worries, then I'll comment. There are over 100,000 more manufacturing jobs in the US today than there were in November 2019, pre-covid, when your DL was in power and manufacturing was in decline. The October 2024 figure was nearly 12.9 million. The growth in manufacturing is a direct result of the CHIPS and Infrastructure Acts, initiated by Sleepy Joe's administration and voted into law by Congress. The figure is growing as plants producing semiconductors, electric vehicles, batteries, and clean energy are opening up and employing all over the country. Texas, Florida, Georgia, Arizona at Utah are in the lead. Would you like a link, or are you happy to go with my comment? |
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Title: Re: Trump and tariffs Post by Leroy on Dec 4th, 2024 at 11:15pm FD wrote on Dec 4th, 2024 at 10:17pm:
You don't need my approval, post what you like. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 5th, 2024 at 11:08am If Trump’s tariffs start a trade war, it would be an economic disaster There is general agreement in the economic research on the effects of Trump’s trade and tariff wars in his first term as president, in which he placed tariffs on about $380bn of US imports. The overall impact on living standards for US workers and most Americans is found to be negative, with the cost of the tariffs being absorbed by US consumers. Employment overall did not increase, and may have fallen due to the negative impact of retaliatory tariffs. The economic research looking at the expected impacts of tariffs that Trump has talked about going forward also finds the impact on the US economy to be negative. And there is potential for much more damage if other countries respond with more retaliatory tariffs than they did in 2018-2020. |
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Title: Re: Trump and tariffs Post by Frank on Dec 5th, 2024 at 11:14am greggerypeccary wrote on Dec 5th, 2024 at 11:08am:
So why did Biden impose tariffs on China, then? Please explain. Feel free to call a friend, like Prattleman. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 5th, 2024 at 11:20am Frank wrote on Dec 5th, 2024 at 11:14am:
Tariffs aren't inherently bad, old boy. Biden's tariffs were carefully targeted at strategic sectors. Good. The rapist is proposing a blanket ban. Bad. https://youtu.be/HKOJlmHOGg8 |
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Title: Re: Trump and tariffs Post by Leroy on Dec 5th, 2024 at 11:32am
This reminds me of a interview of Kamala Harris.
She said she was going to build the wall on Mexico border and the host asked her about her calling the wall stupid when Trump wanted to build it. She wanted to build the wall but if Trump wanted to it was stupid. Same again, tariffs are good unless Trump wants tariffs then they are stupid. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 5th, 2024 at 11:36am greggerypeccary wrote on Dec 5th, 2024 at 11:20am:
Biden is an expert when it comes to tariffs. Trump, on the other hand, doesn't even know how they work and thus has no idea how to apply them. "Today’s actions to counter China’s unfair trade practices are carefully targeted at strategic sectors—the same sectors where the United States is making historic investments under President Biden to create and sustain good-paying jobs—unlike recent proposals by Congressional Republicans that would threaten jobs and raise costs across the board. The previous administration’s trade deal with China failed to increase American exports or boost American manufacturing as it had promised. Under President Biden’s Investing in America agenda, nearly 800,000 manufacturing jobs have been created and new factory construction has doubled after both fell under the previous administration, and the trade deficit with China is the lowest in a decade—lower than any year under the last administration." |
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Title: Re: Trump and tariffs Post by Leroy on Dec 5th, 2024 at 12:02pm greggerypeccary wrote on Dec 5th, 2024 at 11:36am:
You do know this is not a fact sheet but a advertisement for the democrats, just like Biden says no one is above the law and he will abide by the jury's decision. It all falls flat when you look at the actual numbers. In 2019 there were 15mil+ jobs in the manufacturing industry and now there is less than 15mil. You have swallowed more democrat lies without even knowing. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 5th, 2024 at 12:10pm Leroy wrote on Dec 5th, 2024 at 12:02pm:
... that Biden is an expert when it comes to tariffs and Trump doesn't even know how they work and thus has no idea how to apply them? Yes, I do know that. |
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Title: Re: Trump and tariffs Post by John Smith on Dec 5th, 2024 at 1:27pm Frank wrote on Dec 4th, 2024 at 6:08pm:
thats exactly what you are sore end, a nobody ;D ;D |
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Title: Re: Trump and tariffs Post by John Smith on Dec 5th, 2024 at 1:28pm Leroy wrote on Dec 4th, 2024 at 7:00pm:
Rest assured, I definitely do not take you seriously. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 5th, 2024 at 1:31pm Leroy wrote on Dec 5th, 2024 at 12:02pm:
Okay, let's look at the numbers. Since President Joe Biden and Vice President Kamala Harris took office in January 2021, more than 775,000 manufacturing jobs have been added to the economy. The growth is expected to continue, with the Biden-Harris Inflation Reduction Act, Bipartisan Infrastructure Law, and CHIPS and Science Act estimated to create 336,000 manufacturing jobs a year until 2035. In contrast, more than 200,000 manufacturing jobs were lost during former President Donald Trump’s single term. Even before the COVID-19 pandemic manufacturing job growth had all but plateaued under the Trump administration. |
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Title: Re: Trump and tariffs Post by SadKangaroo on Dec 5th, 2024 at 1:38pm Leroy wrote on Dec 5th, 2024 at 11:32am:
No, 45's tariffs, as currently understood, are profoundly misguided. They fail to target industries where the United States possesses a domestic sector under siege by cheap imports, industries ostensibly in need of protection. The rationale behind tariffs is to render imports more expensive, thereby incentivising consumers to purchase locally produced goods. This, in turn, supports domestic industries, safeguards jobs, and fosters economic growth. An alternative approach would be to subsidise those industries, providing them with the breathing room to enhance efficiency and achieve competitiveness without ongoing government intervention. However, this strategy requires public funding, and for 45's faction, anything resembling such "socialist" measures, unless it pertains to defence contractors, is kryptonite. Instead, 45’s tariffs are being indiscriminately applied to all imports, including sectors where no domestic alternative exists. The result? Higher prices for consumers with no corresponding benefit to local industries, many of which are either non-existent or uncompetitive. Stupid. There are pathways to implement tariffs intelligently, without wreaking havoc on the economy. First, target tariffs towards industries with established domestic production, offering consumers viable local options. Second, utilise revenue from these tariffs to subsidise and expand emerging sectors, enabling them to compete with imports. Once these industries can meet a substantial share of domestic demand, extend tariffs to their competitors, allowing consumers the choice of paying the tariff or buying locally. Of course, even this cursory strategy ignores the complexity of supply-chain dynamics and the compounding impact of tariffs on imported components. But such nuance is irrelevant in 45’s plan, which is as economically illiterate as his promise to build a border wall and make Mexico pay for it. He claims these blanket tariffs will apply to Canada, Mexico, and China, with China bearing even steeper levies that, according to him, “they” will pay, not the American consumer. The revenues, he asserts, will fund further tax cuts, predictably skewed to benefit the wealthiest. In reality, ordinary Americans, including those who voted for him, will shoulder the financial burden amid a cost-of-living crisis, without access to affordable domestic alternatives to mitigate the impact of these tariffs. When prices soar, people will inevitably turn against 45. If he’s shrewd, he’ll exploit the backlash to argue for drastic deregulation, ostensibly to “rebuild” domestic industries. In practice, this would entail gutting workers’ rights, slashing wages, and dismantling environmental protections, all of which elevate the costs of local manufacturing. At best, 45’s tariff scheme would yield a more polluted America with stagnant wages and higher consumer prices. At worst, it risks spiralling inflation, elevated interest rates, and a catastrophic recession that could leave the nation’s economy in tatters. OR, you could just say Trump will put a tax on China, vote for him and walk willingly off a cliff. Tragically, we’ve already seen how that choice played out. More alarming still are his prospective cabinet picks, handpicked sycophants and yes-men poised to ensure there are no guardrails this time, only blind obedience to his most destructive impulses. That is why Trump's tariffs are stupid, not simply because it's Trump doing it. |
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Title: Re: Trump and tariffs Post by Frank on Dec 5th, 2024 at 2:01pm greggerypeccary wrote on Dec 5th, 2024 at 12:10pm:
It is a sure sign of dishonest idiots like you, creepy groggy, to delete the second clause of a sentence, splice something else to it and then triumphantly grin at your own supposed cleverness. This way you also avoid addressing the actual point that was made. Bbwianesque. |
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Title: Re: Trump and tariffs Post by Leroy on Dec 5th, 2024 at 2:02pm ProudKangaroo wrote on Dec 5th, 2024 at 1:38pm:
Trump is a negotiator. America have nothing to negotiate with and have always been duped into bad deals because they have no leverage. Trumps tariffs are there to give him some leverage when he negotiates. China's strong economy is because they leverage everything, you should know that from watching them dominate Australia. The fat is gone from the american economy and smarter trading needs to be done if they want to stay relevant. Canada and Mexico have feasted on weak deals from America and Trump is going to turn that around. |
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Title: Re: Trump and tariffs Post by SadKangaroo on Dec 5th, 2024 at 6:13pm Leroy wrote on Dec 5th, 2024 at 2:02pm:
So he's lying about the Tariffs? Quote:
Neo-Liberalism, your problem is with Neo-Liberalism. The shift to neoliberalism under Reagan, with its emphasis on free markets, deregulation, privatisation, and reduced government intervention, fundamentally reshaped the U.S. economy. Manufacturing declined as industries went global, jobs moved offshore, and economic power shifted to banking and services. Tariffs won’t reverse this trajectory. If tariffs are being used as bargaining chips, what is the goal? Trump claims it’s to bring back manufacturing, but where’s the strategy? Tariffs are the only tool he has articulated. How does he intend to challenge neoliberalism, the ideological foundation of the Republican Party itself? In reality, the tariffs will likely deepen the neoliberal playbook. Deregulation will be repackaged as the "solution" to any economic fallout, with both "red tape" (labour protections) and "green tape" (environmental safeguards) on the chopping block. Rather than restoring industry, this approach entrenches the very system that hollowed out manufacturing in the first place. Meanwhile, China will call Trump’s bluff because, frankly, he lacks alternatives. He’s betting everything, going nuclear, before he even has a viable hand to play. His approach is reckless brinkmanship, and sadly, China’s leadership appears more strategic and disciplined. Making matters worse, Trump has systematically purged advisors who might challenge him or offer sound counsel, replacing them with sycophants. This leaves him isolated, incapable of crafting a coherent response to the high-stakes game he’s started. I don’t think you fully grasp how precarious this situation is. Trump’s rhetoric is hollow, his strategy ill-conceived, and the stakes are enormous. If this is truly a bluff, as you suggest, then it’s a dangerous one. He’s unlikely to see it through, folding seems inevitable, unless, of course, he’s willing to gamble the financial stability of the entire economy just to “prove” something to China. And of course, it's the people, including his base, that will have to bail him out, paying more for practically everything, while he sits back lying, saying "China" has paid billions in tariffs. I really hope I'm wrong, because we'll suffer in that trade too, not just his supporters and the rest of the people in the US. |
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Title: Re: Trump and tariffs Post by Dnarever on Dec 5th, 2024 at 6:36pm Leroy wrote on Dec 5th, 2024 at 2:02pm: The US are the worlds strongest nation and strongest economy, They have strong professional negotiators and are working from a position of power in every negotiation. The Australia trade agreement for instance is that heavily loaded to the US benefit that most people who examined it suggested Australia to not sign up. There is little for Australia in the trade agreement. Look at sugar where Australia has a efficiency advantage and could sell under the price of US sugar farmers same with beef, Australia are excluded from both industries and almost anything else where Aus has a trading advantage, not so in the other direction. Most other countries have similar positions. The US are the clear winner in almost all of their trade agreements. The US only allow competition in the industries where they get to win. |
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Title: Re: Trump and tariffs Post by Leroy on Dec 5th, 2024 at 6:37pm ProudKangaroo wrote on Dec 5th, 2024 at 6:13pm:
Jesus mate you could get a show on MSNBC or at least a seat on the View. All I know is Trump has a proven record and gets deals done, I think Soleimani was the last one to call Trumps bluff. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 5th, 2024 at 8:24pm Leroy wrote on Dec 5th, 2024 at 6:37pm:
... as a rapist and convicted criminal as well as the worst businessman & politician America has ever seen. |
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Title: Re: Trump and tariffs Post by Leroy on Dec 5th, 2024 at 8:25pm greggerypeccary wrote on Dec 5th, 2024 at 8:24pm:
If you or someone close to you is experiencing an emergency, or is at immediate risk of harm, call triple zero (000). To talk to someone now, call Beyond Blue on 1300 22 4636 or Lifeline on 13 11 14. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 5th, 2024 at 8:26pm 11. Immediately following this rape, Defendant Trump threatened Plaintiff that, were she ever to reveal any of the details of the sexual and physical abuse of her by Defendant Trump, Plaintiff and her family would be physically harmed if not killed. Exhs. A and B. |
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Title: Re: Trump and tariffs Post by Leroy on Dec 5th, 2024 at 8:26pm greggerypeccary wrote on Dec 5th, 2024 at 8:26pm:
If you or someone close to you is experiencing an emergency, or is at immediate risk of harm, call triple zero (000). To talk to someone now, call Beyond Blue on 1300 22 4636 or Lifeline on 13 11 14. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 5th, 2024 at 8:29pm |
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Title: Re: Trump and tariffs Post by thegreatdivide on Dec 6th, 2024 at 2:04pm Leroy wrote on Dec 4th, 2024 at 7:02pm:
Addressed above. It's time for you to post your link to qualified researchers backing your assertions re the jobs data. [/quote] I'm not trying to change your mind, you believe what you believe and I believe what I believe, you can even call me names and I won't mind.[/quote] The idea of a debate is to seek truth, as opposed to "belief". The topic is Trump and tariffs; we are debating whether Trump will MAGA, by (us) drawing on knowledge re the effects of tariffs, and Trump's past record in job creation. |
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Title: Re: Trump and tariffs Post by thegreatdivide on Dec 6th, 2024 at 2:09pm
cancelled, I see how rape became the subject...
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Title: Re: Trump and tariffs Post by Leroy on Dec 6th, 2024 at 2:18pm thegreatdivide wrote on Dec 6th, 2024 at 2:04pm:
Try taking off the blindfold if you are seeking. |
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Title: Re: Trump and tariffs Post by thegreatdivide on Dec 6th, 2024 at 2:24pm Frank wrote on Dec 5th, 2024 at 11:14am:
It's true Biden, like Trump, wants to bring American jobs back. Leroy even suggests Trump's tariffs will pay for Biden' CHIPS, IRA bills etc, aimed at reshoring US industry, so that Musk can "balance the budget" without raising taxes.... We all wait with bated breathe - from the world's "smartest" economists, down.... Quote:
Done. |
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Title: Re: Trump and tariffs Post by thegreatdivide on Dec 6th, 2024 at 2:36pm Dnarever wrote on Dec 4th, 2024 at 7:35pm:
In retaliation for Trump's first trade war? Quote:
Correct: if you start a trade war, expect retaliation. Quote:
After Turnbull folded to the CIA's trumped up "security" bs and banned Huawei in Oz, souring relations. Morrison was a full-on, vicious "China threat" ideologue. Amazing how things change when you become a powerful competitor; Xi was welcomed by Abbott into the Oz parliament no less, in 2014, just before the US started freaking out over projections of Chinese economic growth. |
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Title: Re: Trump and tariffs Post by SadKangaroo on Dec 6th, 2024 at 2:37pm Leroy wrote on Dec 5th, 2024 at 6:37pm:
It’s unfortunate that the truth doesn’t align with the comfortable narrative you’ve constructed, prompting you to dismiss my points with condescension. The reality is that 45’s bluster and empty threats won’t compel China to capitulate. The U.S., while economically stabilising under Biden post-COVID, is in no position to engage in, let alone win, a trade war. Yet, 45 is recklessly gambling the financial wellbeing of every American by pushing higher costs onto consumers, while falsely claiming that China will foot the bill. What’s the endgame? A vague promise of better trade deals, funding for more tax cuts for the wealthy, and the elusive return of local manufacturing? So far, his plan starts and ends with tariffs, a shortsighted and self-defeating strategy. It’s not just flawed; it’s sheer madness. But you’ve bought into the “deal maker” myth, so apparently, everything’s fine. Classic case of Trump Derangement Syndrome indeed, just not the way you think. |
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Title: Re: Trump and tariffs Post by Leroy on Dec 6th, 2024 at 2:41pm ProudKangaroo wrote on Dec 6th, 2024 at 2:37pm:
Cool you think I have TDS, we get it, save the long posts for someone who will read them, just saying. |
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Title: Re: Trump and tariffs Post by thegreatdivide on Dec 6th, 2024 at 2:49pm Leroy wrote on Dec 6th, 2024 at 2:18pm:
It's not on (just so you know). Thus far the evidence, including the linked articles presented on this board, suggests Trump's tariffs won't work. The evidence for success in (manufacturing) job creation is more difficult to nail down, because macro economic cirmcumstances (including a pandemic, and wars) are continually changing, and intervene in the period being considered (Trump-Biden-Trump again). |
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Title: Re: Trump and tariffs Post by SadKangaroo on Dec 6th, 2024 at 3:09pm Leroy wrote on Dec 6th, 2024 at 2:41pm:
ou're discussing the impacts of tariffs, trade wars, and the world's largest economy, yet you seek one-liners? No surprise you support 45. He reduces complex realities into simplistic, digestible fragments tailored for the intellectually incurious. Surely, you're aware of the intricacies at play here. But all 45 offers are his proverbial magic wands, devoid of substance or strategy. It's terrifying in reality, but what's the worst that could happen? Oh right, he destroys the economy. I doubt there will be another global pandemic to save him this time. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 6th, 2024 at 3:12pm During his first term, Trump (the rapist) imposed tariffs on imports of steel and aluminum, solar panels and washing machines, to name a few. Several countries responded with retaliatory tariffs, including China. The effect was a fall in the long run GDP by 0.2% and a loss in employment of 142,000 full-time jobs. |
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Title: Re: Trump and tariffs Post by Leroy on Dec 6th, 2024 at 3:12pm ProudKangaroo wrote on Dec 6th, 2024 at 3:09pm:
Yep one liners, I comment on things. I don't have the experience running a country like you, I'm just a simple gay trans. |
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Title: Re: Trump and tariffs Post by Leroy on Dec 6th, 2024 at 3:14pm greggerypeccary wrote on Dec 6th, 2024 at 3:12pm:
And as soon as the people got the chance to return him with a landslide victory they did. What does that say about the dems. |
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Title: Re: Trump and tariffs Post by Brian Ross on Dec 6th, 2024 at 3:18pm |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 6th, 2024 at 3:20pm Leroy wrote on Dec 6th, 2024 at 3:12pm:
Inexperienced and simple seem to be apt descriptions. |
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Title: Re: Trump and tariffs Post by thegreatdivide on Dec 6th, 2024 at 3:20pm ProudKangaroo wrote on Dec 5th, 2024 at 6:13pm:
Excellent post. China gets blamed for the negative outcomes of globalisation, when "free-trade" globalization itself - meaning no tariffs allowed - has systemic problems not caused by any one nation. There are winners and losers in globalisation, anf now Trump want to decouple from global trade, especially China who is condemned for "subsidizing" its industries. Biden woke up: if you can't beat them, join them - and began subsidizing US industry (CHIP, IRA etc.) to the tune of several $trillions of public money... The first few months of Trump's term will be amazing to watch... |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 6th, 2024 at 3:21pm During his first term, Trump (the rapist) imposed tariffs on imports of steel and aluminum, solar panels and washing machines, to name a few. Several countries responded with retaliatory tariffs, including China. The effect was a fall in the long run GDP by 0.2% and a loss in employment of 142,000 full-time jobs. A loss in employment of 142,000 full-time jobs - all thanks to Trump. |
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Title: Re: Trump and tariffs Post by Frank on Dec 6th, 2024 at 4:02pm ProudKangaroo wrote on Dec 5th, 2024 at 6:13pm:
Inexplicably, you didn't make any of these charges against ChiComm Xi when he imposed tariffs on Australia (with whom China has a FTAl) and on the countries. None of you pwogwessives worried about the negative impact on the Chinese voters and workers who elected Xi to be prez for life. Or when Biden put tariffs on China for its unfair trade practices. Doesn't that hurt Americans? Please explain. |
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Title: Re: Trump and tariffs Post by Leroy on Dec 6th, 2024 at 4:25pm greggerypeccary wrote on Dec 6th, 2024 at 3:21pm:
And as soon as the people got the chance to return him with a landslide victory they did. What does that say about the dems. |
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Title: Re: Trump and tariffs Post by SadKangaroo on Dec 6th, 2024 at 5:22pm Frank wrote on Dec 6th, 2024 at 4:02pm:
The rationale behind Biden’s approach to tariffs on Chinese imports has been articulated before. Biden chose to retain many of the tariffs initially imposed by the Trump administration, albeit with more targeted adjustments to their application and enforcement. While not significantly expanding the tariffs, his administration strategically refined them to align with specific economic goals. For instance, tariffs on steel and aluminium products were imposed to shield domestic production from China’s overcapacity, ensuring the viability of US manufacturing. Similarly, tariffs on heavy machinery and industrial equipment aimed to support both established and emerging US industries, enhancing their competitiveness in the global market. Furthermore, products related to semiconductors, telecommunications, and advanced manufacturing were subjected to tariffs in response to ongoing concerns over intellectual property theft and technology transfer. These measures, while far from exhaustive, were deliberately aimed at fostering growth within critical sectors, with the long-term objective of reducing their dependency on tariffs to remain competitive. There were also national security concerns in the mix too. Though these tariffs emerged in the wake of Trump’s failed trade war with China, Biden’s approach sought to mitigate the impact on domestic consumers. In contrast to Trump’s broad, sweeping tariffs that will impose higher costs on consumers with limited local alternatives, Biden’s targeted tariffs aimed to protect strategic industries while limiting broader economic harm. Trump’s rhetoric, which claimed China would bear the cost of his tariffs, despite the reality that US consumers paid the price, will be a stark departure from Biden’s more calculated strategy. Apologies that the explanation couldn’t be condensed into a one-liner. |
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Title: Re: Trump and tariffs Post by Frank on Dec 6th, 2024 at 6:09pm ProudKangaroo wrote on Dec 6th, 2024 at 5:22pm:
Laughable crap. Stimulating growth in some domestic sectors - good. In all domestic sectors - Trumphitler. Biden sought to mitigate - what the **** are you talking about? What is Biden's approach? And how does it mitigate? |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 6th, 2024 at 7:05pm I wish someone would sit Frank down and explain how tariffs work. He's really starting to embarrass himself now. |
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Title: Re: Trump and tariffs Post by Mortdooley on Dec 6th, 2024 at 9:56pm greggerypeccary wrote on Dec 6th, 2024 at 7:05pm:
This is how this one is working! Tariffs=motivation. If Mexico chooses to work with us rather than against us there will be no tariffs. That has always been the offer. Mexican Officials Make Record Fentanyl Seizure Days After Trump Tariff Warning President-elect Donald Trump recently threatened a 25 percent tariff against Mexico if it didn’t act to curb illegal immigration and fentanyl trafficking. Mexican security forces said on Dec. 4 that they had made the largest fentanyl seizure in the country’s history, impounding 1,100 kilograms (1.2 tons) of the synthetic opioid in the state of Sinaloa. Mexico’s top security official, Omar García Harfuch, said in a statement that more than a ton of fentanyl was seized by officials in Sinaloa state. Several guns were also seized, and two men were arrested, he said. “This is an investigation that has been going on for a long time, and yesterday, it gave these results,” Mexican President Claudia Sheinbaum said at a press conference on Dec. 4, referring to the fentanyl seizures. Violence has worsened recently in Sinaloa, where factions of the Sinaloa Cartel have been engaged in bitter fighting that flared after the capture of kingpin Ismael “El Mayo” Zambada in July. “These actions will continue until the violence in the state of Sinaloa decreases,” Harfuch said. Sinaloa is home to the powerful drug cartel that bears the same name and was formerly headed by longtime drug lord Joaquín “El Chapo” Guzmán, who is currently incarcerated at the ADX Florence federal prison in Colorado. https://www.theepochtimes.com/world/mexican-officials-make-record-fentanyl-seizure-days-after-trump-tariff-warning-5771624?utm_source=Morningbrief&src_src=Morningbrief&utm_campaign=mb-2024-12-06&src_cmp=mb-2024-12-06&utm_medium=email&est=AAAAAAAAAAAAAAAAbes4dBIsztPJ%2F6ALsmlQRqdpwg0NKCShYua9dmubyFqTw7xCkYph |
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Title: Re: Trump and tariffs Post by Dnarever on Dec 6th, 2024 at 10:18pm greggerypeccary wrote on Dec 6th, 2024 at 3:21pm:
The trade war with China cost the US agriculture sector almost 1 Trillion dollars and virtually all the money collected in tariffs went to propping up US agriculture by paying for crops that were never harvested. The money never came back. With SoyBeans for instance $890 Billion of China imports were cancelled from the US and went to Brazil and Argentina. China is still trading Soybeans with Brazil and Argentina, US farmers never recovered their sales numbers. |
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Title: Re: Trump and tariffs Post by SadKangaroo on Dec 7th, 2024 at 6:22am greggerypeccary wrote on Dec 6th, 2024 at 7:05pm:
I considered it, but as with many discussions here, he has already resolved to believe what aligns with his preconceived notions and biases. Any opinion that diverges from his worldview, no matter how well-supported or logically sound, is summarily dismissed without consideration. Such perspectives are neither analysed nor critically engaged with; they are simply disregarded. After all, to entertain dissenting ideas would threaten the fragile narrative in which he, or those who share his outlook, occupy the role of the hero. |
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Title: Re: Trump and tariffs Post by Frank on Dec 7th, 2024 at 10:29am ProudKangaroo wrote on Dec 7th, 2024 at 6:22am:
Laughable crap. Stimulating growth in some domestic sectors - good. In all domestic sectors - Trumphitler. Biden sought to mitigate - what the **** are you talking about? What is Biden's approach? And how does it mitigate? |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 7th, 2024 at 10:31am ProudKangaroo wrote on Dec 7th, 2024 at 6:22am:
Yeah, that sums it up nicely. He just doesn't want to listen. Sad. |
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Title: Re: Trump and tariffs Post by Frank on Dec 7th, 2024 at 11:01am greggerypeccary wrote on Dec 7th, 2024 at 10:31am:
Silly mongs. You haven't said why it's wise if Biden does it but a complete disaster if Trumhitler does it. What aspects of American industry is ok to protect with Biden tariffs and which ones must not be with Trumhitler tarrifs? Well, go ahead, I AM listening. |
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Title: Re: Trump and tariffs Post by Brian Ross on Dec 7th, 2024 at 11:09am |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 7th, 2024 at 11:12am Frank wrote on Dec 7th, 2024 at 11:01am:
Yes, we have - several times. We've even posted videos that explain it. Biden's tariffs are strategically targeted. The rapist's tariffs are a blanket tax. Biden uses tariffs like a skilled surgeon delicately wielding a scalpel. The rapist uses them like a demented ape swinging an axe. Once again: Biden's tariffs are strategically targeted, whereas the rapist's are not. |
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Title: Re: Trump and tariffs Post by Frank on Dec 7th, 2024 at 11:13am greggerypeccary wrote on Dec 7th, 2024 at 11:12am:
Empty b.s.. What aspects of American industry is ok to protect with Biden tariffs and which ones must not be with Trumhitler tarrifs? |
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Title: Re: Trump and tariffs Post by Brian Ross on Dec 7th, 2024 at 11:15am |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 7th, 2024 at 11:31am Frank wrote on Dec 7th, 2024 at 11:13am:
See - you just don't understand, and you don't want to listen. Your mind is made up and nothing will change it. Biden uses tariffs like a skilled surgeon delicately wielding a scalpel. The rapist uses them like a demented ape wildly swinging an axe. The Biden Administration’s Targeted, Strategic Tariffs Are Effective Industrial Policy at Work |
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Title: Re: Trump and tariffs Post by Leroy on Dec 7th, 2024 at 11:33am greggerypeccary wrote on Dec 7th, 2024 at 11:31am:
See brute force does win, Trump did warn you that you would get sick of winning. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 7th, 2024 at 12:18pm greggerypeccary wrote on Dec 7th, 2024 at 11:31am:
Good: "The Biden administration’s approach of coupling smart, strategic, targeted tariffs with actual investment in American industry is delivering enormous results." Bad: "The previous administration (under the rapist and convicted criminal) tried a trade approach that relied only on tariffs and corporate tax cuts, and it failed to solve the big problems facing domestic production. It did not truly reorient global supply chains away from China, nor did it rebuild American industrial might." |
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Title: Re: Trump and tariffs Post by Frank on Dec 7th, 2024 at 12:38pm
WASHINGTON, D.C. — Facing tough questions about runaway inflation and the record-high cost of consumer goods, gay black Press Secretary Karine Jean-Pierre reminded everyone that everything has always been more expensive than usual.
"When you think about it, prices are always going up on things, even before President Biden was elected," she said. "For example, when I was a gay black child, you could get 5 roast beef sandwiches at Arby's for $5, and when I was a gay black teenager, you could only get 4. None of this is Biden's fault. Also, I am gay and black." Critics insist that prices on essentials like food, clothing, and gas have increased more rapidly under Biden than ever before, and are demanding answers from the White House. "I don't get why you all think it's so bad out there," said Pierre, rapidly flipping through a giant 3-ring binder filled with empty pages to stall for time. "Apparently all the regular people are having trouble paying their mortgages and feeding their children, but the President believes the concerns are overblown. I haven't spent any money on gas for my Tesla in weeks, and Taco Bell still has a dollar menu. Everything's fine!" |
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Title: Re: Trump and tariffs Post by SadKangaroo on Dec 7th, 2024 at 3:01pm Frank wrote on Dec 7th, 2024 at 10:29am:
You've just proven my point. To support blanket tariffs, you’d need to believe they stimulate widespread economic growth, despite overwhelming evidence to the contrary. Worse still, you must wilfully disregard the litany of negative consequences they inevitably bring. But since “Trump good” aligns so neatly with your worldview, you’ve bought into the myth that blanket tariffs are some miraculous economic cure, devoid of repercussions. That belief is not only demonstrably false but intellectually indefensible. What you’re ignoring is that blanket tariffs rarely, if ever, deliver comprehensive economic growth. While they might provide temporary relief to a handful of domestic industries, the broader economic impacts are riddled with complexities and trade-offs. They drive up consumer prices, leaving ordinary people to shoulder the cost of inflated goods. Trading partners retaliate, slamming exporters and reducing market access. Meanwhile, global supply chains, critical to modern industries, are disrupted, eroding competitiveness and stifling innovation. And then there’s inflation. The US economy, already fragile, is not in a position to absorb the inflationary pressures that blanket tariffs would unleash. Higher prices will trigger interest rate hikes, almost certainly tipping the economy into recession. Does that sound like a winning strategy to you? The historical evidence doesn’t support your position, either. The Smoot-Hawley tariffs of the 1930s are a textbook example of protectionism gone wrong, worsening the Great Depression. Yet here we are, repeating the same mistakes because ideology has trumped reason. The real flaw in Trump’s plan is that it begins and ends with tariffs. There’s no broader economic reform, no industrial strategy, and no meaningful effort to revitalise the industries these tariffs claim to protect. In many cases, those industries don’t even exist domestically anymore. Without local manufacturing or alternatives, consumers have no choice but to pay higher prices for the same imports, and there are no jobs or industries to protect in the first place. It’s a policy of all pain, no gain, serving no purpose beyond signalling empty bravado. Yet you’ve decided it’s a good idea, because Trump proposed it. That’s the real problem here. You’re not engaging with evidence, reason, or basic economics. So there’s no point in asking what sources or research might change your mind, you’ve made it clear that no facts will ever penetrate your ideological armour. |
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Title: Re: Trump and tariffs Post by Leroy on Dec 7th, 2024 at 3:12pm ProudKangaroo wrote on Dec 7th, 2024 at 3:01pm:
Hit the nail on the head. No one knows what will work or won't work, not me, not Sadkanga, not Frank in fact no one at all. You don't even have to do anything and just let things roll along. You can though take a position, its not better or smarter or even worse than other positions its just a different position. Most will take Trumps position as displayed by his landslide victory because he is Trump and he has the power. Others will take a different position because it is Trump and he has the power. Then we can concoct a theory as to why our position is a better position but in the end everyone is right and everyone is wrong. |
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Title: Re: Trump and tariffs Post by Brian Ross on Dec 7th, 2024 at 3:24pm |
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Title: Re: Trump and tariffs Post by Frank on Dec 7th, 2024 at 4:28pm ProudKangaroo wrote on Dec 7th, 2024 at 3:01pm:
Crap. Even CNN acknowledges that Trump has a broad range of economic plans. Tariffs is not the beginning and the, as you stupidly try to pretend. What is the point of the Biden tarriffs? If it is strategic to help one local industry, What is wrong with supporting them all? And do remember, Trump is talking about fair trade, one that is not ripping off America. Donald Trump recognized long before he became president that we cannot have free and open trade if some countries exploit the system at the expense of others. President Trump replaced decades of calamitous multinational trade blunders with fair and reciprocal trade that returned jobs, wealth, and manufacturing to America. He cancelled the job-killing Trans-Pacific Partnership, replaced the NAFTA nightmare with the groundbreaking USMCA, and renegotiated the one-sided South Korea deal. President Trump confronted unfair trade practices, imposed tariffs on China that brought billions of dollars into the federal treasury, expanded American agriculture, and opened thousands of new factories. President Trump will implement a 4-year national reshoring plan so that the United States no longer needs to rely on China for essential medical and national security goods, and ban Chinese ownership of all critical infrastructure in the United States. We will bring back our supply chains, and build America into the manufacturing superpower of the world. You can kvetch and crap about this all you like but this is not 'tarriffs are the beginning and the end". So dont be stupid. |
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Title: Re: Trump and tariffs Post by SadKangaroo on Dec 7th, 2024 at 5:12pm
Then bullet point is plans so there is no ambiguity.
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Title: Re: Trump and tariffs Post by Karnal on Dec 7th, 2024 at 6:43pm Leroy wrote on Dec 7th, 2024 at 3:12pm:
Thanks, Leroy. You've eloquently articulated the position. 1. Accept DL's policies, even ones costed to fail, because they're DL's. 2. Have faith they will work because he has a kind of supernatural power. 3. Wait and see what happens. 4. We can then concoct a theory. All good. There's only one problem with your proposition. DL has been in office before. We've seen the data from his previous actions. These are just three. Tax cuts Your DL promised the corporate tax cut would see investment in bricks and mortar, employment growth and a rise in tax revenue. The tax cut was invested straight into share buybacks, saw no investment or job creation and tax revenue dropped massively. Government debt He promised to pay off the deficit and create a surplus in his first term. By 2019, government debt ballooned by a quarter. Then covid hit, raising it to a third. Manufacturing and trade wars He promised to bring back manufacturing from Chi-na by declaring a trade war. In return, the US would be rolling in tax revenue, all paid by Chi-na. China retaliated with tariffs on US crops. Farmers in the Mid West lost their farms. DL was forced to invest the "Chi-na tariff money" into farming subsidies. I shouldn't need to explain to you his error in China paying tariffs - American consumers paid for these mistakes. Manufacturing plants and factories continued to move to Chi-na and Mexico during his term in office, raising the manufacturing trade deficit with both countries. Offshoring of manufacturing continued throughout your DL's term, presenting a significant problem when covid hit. Your DL's advisors begged him not to do these things and told him what would happen if he did. He ignored them all. They showed him spreadsheets, he didn't listen. I can make it happen, he said. He didn't, and he couldn't. These are just three failed policy areas. Your DL had hundreds - domestic and foreign fiascos you've probably never even heard of. His first term was a total disaster. 43 of his senior advisors and cabinet members said they'd never work with him - or even vote for him - again. They all said he's a complete fool, who botches whatever he touches, creates chaos, then lies to cover up his own mess. You're right on point four too - when he fails, his base creates a theory, always blaming someone else: illegals, leftards, RINOs, the Deep State. There's a billion dollar industry in this work, with Fox, Newsmax and all the influencers rushing in to help - for a buck. His next administration will have no guardrails - no RNC appointees, friends of RINO donors or Deep Staters. It will also have project 2025, so they'll lose the civil servants - decades of professional experience in key federal areas gone. Your four points above detail the strategy - exactly why he'll fuck up again. He hasn't learned, and he's only gotten worse. He's surrounded by sycophants and grifters who will rort the country dry. This will effect Australia too. His tariff threats alone have already lowered our dollar. We're yet to see what a completely dysfunctional, unhinged and vengeful US administration can do to us and the world. It can't possibly be good. |
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Title: Re: Trump and tariffs Post by Frank on Dec 7th, 2024 at 7:57pm FD wrote on Dec 7th, 2024 at 6:43pm:
Moronic drivel. America (and everyone else) must wear unfair trade practices from China, otherwise we all have to pay a fair price for goods. The end of the world!! That is as moronic as Sad, you, groggy and the rest of you grimacing TDS kids have. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 7th, 2024 at 8:16pm Good: "The Biden administration’s approach of coupling smart, strategic, targeted tariffs with actual investment in American industry is delivering enormous results." Bad: "The previous administration (under the rapist and convicted criminal) tried a trade approach that relied only on tariffs and corporate tax cuts, and it failed to solve the big problems facing domestic production. It did not truly reorient global supply chains away from China, nor did it rebuild American industrial might." |
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Title: Re: Trump and tariffs Post by Brian Ross on Dec 7th, 2024 at 8:17pm |
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Title: Re: Trump and tariffs Post by Frank on Dec 7th, 2024 at 8:21pm greggerypeccary wrote on Dec 7th, 2024 at 8:16pm:
A lie, creepy turd. You are lying and the people you are quoting without revealing who they are, are lying. Skin-crawling, repulsive liar you are. Even brain dead ****wit Bbwian yawned at your post, stinking creep. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 7th, 2024 at 8:26pm https://www.americanprogress.org/article/the-biden-administrations-targeted-strategic-tariffs-are-effective-industrial-policy-at-work/ Good: "The Biden administration’s approach of coupling smart, strategic, targeted tariffs with actual investment in American industry is delivering enormous results." Bad: "The previous administration (under the rapist and convicted criminal) tried a trade approach that relied only on tariffs and corporate tax cuts, and it failed to solve the big problems facing domestic production. It did not truly reorient global supply chains away from China, nor did it rebuild American industrial might." Why do you like rapists so much, Frank? Are you a rapist? |
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Title: Re: Trump and tariffs Post by Karnal on Dec 7th, 2024 at 8:36pm Frank wrote on Dec 7th, 2024 at 7:57pm:
You're already slurring, you poor old thing. Get well soon, dear chap. We're here for you. |
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Title: Re: Trump and tariffs Post by Leroy on Dec 7th, 2024 at 8:42pm greggerypeccary wrote on Dec 7th, 2024 at 8:26pm:
Can you define rapist. |
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Title: Re: Trump and tariffs Post by Frank on Dec 7th, 2024 at 8:43pm FD wrote on Dec 7th, 2024 at 8:36pm:
America (and everyone elshe) musht wear unfair trade practishes from Chi*na, otherwishe we all have to pay a fair prishe for goodsh. The end of the world!! Address it, grimacing bozo. 10 rupees in it for you. |
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Title: Re: Trump and tariffs Post by Karnal on Dec 7th, 2024 at 8:45pm greggerypeccary wrote on Dec 7th, 2024 at 8:26pm:
The truth dissolves them, Greggery. They sort of deflate and shrivel up. But rapists? No. They're more the type to stand by, keeping lookout for the guard. |
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Title: Re: Trump and tariffs Post by Frank on Dec 7th, 2024 at 9:46pm FD wrote on Dec 7th, 2024 at 8:45pm:
He is not a rapist, and he discombobulates you mongs. Anyone who brings out your innate mendatious stupity, your dirty underhanded lies, your relentless howling - is a a GOOD thing. Your every deranged, incontinent post proves that point. |
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Title: Re: Trump and tariffs Post by Karnal on Dec 7th, 2024 at 10:21pm Frank wrote on Dec 7th, 2024 at 9:46pm:
Then they puff back up again. Sort of like a big, plastic bag, blowing in the wind. |
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Title: Re: Trump and tariffs Post by SadKangaroo on Dec 7th, 2024 at 10:53pm Frank wrote on Dec 7th, 2024 at 4:28pm:
ProudKangaroo wrote on Dec 7th, 2024 at 5:12pm:
I guess you can't? My understanding was that his "economic" plan was: Tariffs: Imposing 10-20% tariffs on all imported goods and up to 60% on Chinese imports Tax Cuts: Broad tax reductions for all income groups, including eliminating Social Security taxes for seniors, funded by other countries paying the tariffs. China Policy: Phasing out Chinese imports over four years, banning U.S. investments in Chinese companies, and tightening restrictions on Chinese investments in the U.S. Immigration and Labour: Limiting work permits for undocumented immigrants and reallocating jobs to U.S. citizens; creating compensation funds for victims of "migrant crime" Energy Policy: Reversing green energy initiatives, promoting fossil fuel production, and opposing mandates for electric vehicles Trade Policy: Expanding "reciprocal tariffs" to penalise countries imposing tariffs on U.S. goods Like it or not, tariffs are going a lot of heavy lifting... And he's lying about the targeted country paying for them. |
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Title: Re: Trump and tariffs Post by Frank on Dec 8th, 2024 at 9:46am ProudKangaroo wrote on Dec 7th, 2024 at 5:12pm:
Click on the link I gave you. |
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Title: Re: Trump and tariffs Post by Leroy on Dec 8th, 2024 at 10:16am ProudKangaroo wrote on Dec 7th, 2024 at 10:53pm:
I don't think you understood what Trump and Vance were conveying, its like you use the MSNBC playbook for anything Trump says. |
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Title: Re: Trump and tariffs Post by Leroy on Dec 8th, 2024 at 1:20pm
To put it all into perspective what would happen if Trump and Kamala were to have talks with China on tariffs for lets say solar panels.
Trump would say 60% across the board, XI would respond saying thats to high and China will put 60% on all goods coming from America. Trump would say well thats not to bad we can live with that. XI would then say what if we only go to 20% can you match that. Trump would say look I love tariffs so lets just say 40% and leave it at that. XI would say we can't go that high because we will not make enough money. Trump will say if you make visible efforts to stem fentanyl we can maybe agree to 20%. XI deal. MSNBC headline, XI outplays Trump Kamala to XI we are going to put 20% tariff on solar panels. XI, thats too high and we can't pay our workers and will have to sack some. Kamala no we dont want that. XI well if we promise to treat all trans the same as everyone else will you drop the tariff altogether. Kamala deal. XI then tells his team as of today all trans will be treated the same as everyone else and have no rights. MSNBC headline Kamala restores the rights to all trans in China. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 8th, 2024 at 3:26pm Frank wrote on Dec 7th, 2024 at 9:46pm:
You can say it another hundred times, but you'll still be wrong. Trump is an adjudicated rapist. You are defending a violent sexual predator. One can only imagine why. Donald Trump suffered another legal reversal on Monday, losing his counterclaim for defamation against E Jean Carroll, the writer against whom he was found liable for sexual abuse and defamation and fined $5m, and who continues to pursue a separate defamation case against him. Dismissing the counterclaim, a judge in New York, Lewis A Kaplan, said that when Carroll repeated her allegation that Trump raped her, her words were “substantially true”. Kaplan also set out in detail why it may be said that Trump raped Carroll. Judge clarifies: Yes, Trump was found to have raped E. Jean Carroll |
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Title: Re: Trump and tariffs Post by Frank on Dec 8th, 2024 at 4:21pm greggerypeccary wrote on Dec 8th, 2024 at 3:26pm:
Crap. They would have charged him. Rape is a crime. They didn't. It's nonsense. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 8th, 2024 at 4:46pm Frank wrote on Dec 8th, 2024 at 4:21pm:
No. He's a rapist. You support a violent sexual predator. Judge clarifies: Yes, Trump was found to have raped E. Jean Carroll |
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Title: Re: Trump and tariffs Post by Frank on Dec 8th, 2024 at 4:48pm greggerypeccary wrote on Dec 8th, 2024 at 4:46pm:
So why is he not arrested and charged. It IS a crime, slimey creep. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 8th, 2024 at 4:57pm Frank wrote on Dec 8th, 2024 at 4:48pm:
You've been told at least a dozen times: the statute of limitations. Trump is a rapist. You support and defend a violent sexual predator. Judge clarifies: Yes, Trump was found to have raped E. Jean Carroll |
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Title: Re: Trump and tariffs Post by SadKangaroo on Dec 8th, 2024 at 5:10pm Leroy wrote on Dec 8th, 2024 at 10:16am:
I am well aware of how tariffs function and fully understand the current position of the United States. Even if they are intended as bargaining tools, these threats are hollow. The damage inflicted on the US economy will far outweigh any harm caused to its trading partners. If recognising this aligns with what MSNBC is reporting, so be it, facts are facts. No amount of dismissal or distraction will change that. I apologise if reality fails to conform to the narrative being peddled by Fox News or Sky News, but reality remains indifferent to spin. |
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Title: Re: Trump and tariffs Post by Frank on Dec 8th, 2024 at 5:15pm greggerypeccary wrote on Dec 8th, 2024 at 4:57pm:
Crap. An obvious political stitch up. Slimey creepy like you. Statute of limitations - oh, but let's pass a law to allow a little window beyond the limitations to enable a bit more slimeying and besmirching and a bit more Lawfare. And then, blow me down wiv a feather, Trump STILL wins everything at the election. Ok, time to move on to predictions of the end of democracy, if not civilisation itself. |
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Title: Re: Trump and tariffs Post by Leroy on Dec 8th, 2024 at 5:18pm ProudKangaroo wrote on Dec 8th, 2024 at 5:10pm:
So what happens in China if the goods stop being exported, if China could hamstring the US they would have already done it. They are not pussys and need the US just as much as the US needs them. China talks and acts tough to get the best deal but they have to get a deal, they need the trade to keep their own country turning over. Biden is a pussy and the Chinese walked all over him and it would be even worse if Kamala took over. China knows they are in for a tough time with Trump, he is a business man who knows the ropes and knows how to get deals done. China can't slip a few million into Hunters bank account this time for an easy ride. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 8th, 2024 at 5:21pm Frank wrote on Dec 8th, 2024 at 5:15pm:
No. It's the statute of limitations - that's why the violent rapist you support and defend wasn't charged with the crime. Judge clarifies: Yes, Trump was found to have raped E. Jean Carroll Do you like to get a bit rapey too, Frank - is that why you spend day after day defending a violent sex offender who assaults women? |
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Title: Re: Trump and tariffs Post by Frank on Dec 8th, 2024 at 5:35pm ProudKangaroo wrote on Dec 8th, 2024 at 5:10pm:
So would you be happy if Trump just followed China's example: Tariff Rates China Customs assesses and collects tariffs. Import tariff rates are divided into six categories: general rates, most-favored-nation (MFN) rates, agreement rates, preferential rates, tariff rate quota rates, and provisional rates.Since China is a member of the WTO, imports from the United States are assessed at the MFN rate. The five Special Economic Zones, open cities, and foreign trade zones within cities offer preferential duty reductions or exemptions. Companies doing business in these areas should consult the relevant regulations. China may apply tariff rates significantly lower than the published MFN rate for goods that the government has identified as necessary to the development of critical industries. For example, China’s Customs Administration has occasionally announced preferential tariff rates for items in the automotive, steel, and chemical sectors. Taxes On top of normal tariff duties, both foreign and domestic enterprises are required to pay value-added taxes (VAT). VAT is assessed on sales and importation of goods and processing, repairs, and replacement services. VAT is assessed after tariffs and incorporates the value of the tariff. The PRC is bound by WTO rules to offer identical tax treatment for domestic and imported products. VAT is collected regularly on imports at the border. Importers note that their domestic competitors often fail to pay taxes. VAT rebates up to 17% (a full rebate) are available for certain goods. The PRC government frequently adjusts VAT rebate levels to fulfill industrial policy goals. Exporters complain that it takes months to obtain the rebates, and amounts are often miscalculated. Also, local budgets limit rebates, and coastal provincial authorities often run out of funds for rebates well before the end of the year. The applicable rebate method varies according to the date the enterprise was established. The U.S. signed a tax treaty with the PRC that took effect on January 1, 1987 (United States-The People’s Republic of China Income Tax Convention). It provides certain benefits and allows for the avoidance of double taxation, but in order to enjoy the benefits provided by the tax treaty, non-residents (enterprises and individuals) must register with their local tax authorities in accordance with Circular 124. The corporate income tax rate in China is 25%. This tax law includes two exceptions to the 25% flat rate: one for qualified small-scale and thin profit companies, which will pay 20%, and another to encourage investment by high tech companies, which will pay 15%. Additional incentives are available for investments in resource and water conservation, environmental protection, and work safety. Preferential tax treatment for investments in agriculture, animal husbandry, fisheries, and infrastructure development continues to be applied. Note that taxable goods and tax rates are periodically adjusted. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 8th, 2024 at 5:39pm Frank wrote on Dec 8th, 2024 at 5:35pm:
I'd be happy if he stopped raping people and stopped stealing money from kids' cancer charities. You? |
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Title: Re: Trump and tariffs Post by Frank on Dec 8th, 2024 at 5:57pm Frank wrote on Dec 8th, 2024 at 5:35pm:
China's average tariff rate (7.5%) is over twice that of the US (3.4%) and over three times of Australi's (2.4%). https://en.m.wikipedia.org/wiki/List_of_countries_by_tariff_rate So China is harming itself twice or three times as much as the US and Australia, if all the TDS kids are to be believed. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 8th, 2024 at 6:06pm Can someone please explain to Frank how tariffs work? Explain to him how tariffs need to be strategically targeted? His embarrassing posts have gone on for far too long now. |
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Title: Re: Trump and tariffs Post by Frank on Dec 8th, 2024 at 6:10pm greggerypeccary wrote on Dec 8th, 2024 at 6:06pm:
Oh, putting tariffs on China is VERY STRATEGICALLY targeted. Very. |
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Title: Re: Trump and tariffs Post by Leroy on Dec 8th, 2024 at 6:14pm greggerypeccary wrote on Dec 8th, 2024 at 6:06pm:
We all know how tariffs work, you need to do a bit of research as you seem to think tariff by Biden good, tariff by orange man bad. Biden did not know how to make deals, he is a politician and knows nothing about how to do trade deals. Biden is like Clinton, he makes bad deals. How could a normal person with any sense think Biden knows what he is doing, just look at how he screwed up dealing with Iran, they feather and tarred Biden and he sent them billions of dollars. Biden thought he was solving all the worlds problems with his deals with Iran, yeah that worked out fine, Hezbolla, Hamas were direct recipients of cash direct from Biden. |
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Title: Re: Trump and tariffs Post by Karnal on Dec 8th, 2024 at 6:23pm Leroy wrote on Dec 8th, 2024 at 6:14pm:
And yet, Biden achieved more in his term in office than your DL achieved in his. In fact, your DL had a negative effect, with the worst covid response in the world. Biden cleaned up his mess, and went on to bring infrastructure, manufacturing and jobs back to the US. We don't get the feeling you've been farmed, dear, we know. You? |
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Title: Re: Trump and tariffs Post by Leroy on Dec 8th, 2024 at 6:32pm FD wrote on Dec 8th, 2024 at 6:23pm:
me, I'm happy. you?. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 8th, 2024 at 6:57pm FD wrote on Dec 8th, 2024 at 6:23pm:
Oh, but surely Trump achieved something in his first term. You can't just sit there and tell me that all he did was kill half a million Americans, play golf, get his son-in-law a few billion from the Saudis, do some raping, steal some documents, try to rig an election, put up three miles of chicken wire on the Mexican border, screw Meatball Ron's wife, incite an insurrection, bugger his daughter in the oval office, and suck Putin's cock? |
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Title: Re: Trump and tariffs Post by Leroy on Dec 8th, 2024 at 7:00pm greggerypeccary wrote on Dec 8th, 2024 at 6:57pm:
No, I think if he can do all that then thats a smacking Alpha male right there. |
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Title: Re: Trump and tariffs Post by Dnarever on Dec 8th, 2024 at 7:56pm Leroy wrote on Dec 8th, 2024 at 5:18pm:
Quote:
They have already announced measures that will hurt the US not even considering how they plan to cut back on imports hurting agriculture. They are stopping the export of rare minerals to the US. That flattened the US last time. You know the stuff that the US needs and cannot get from anywhere else. The stuff that closes down industries. |
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Title: Re: Trump and tariffs Post by Karnal on Dec 8th, 2024 at 8:04pm Leroy wrote on Dec 8th, 2024 at 7:00pm:
They've rewritten the rules, you see, Greggery. Incest and adultery are the new virtues. But, do you know? Lying always come first. The more you lie, the more Leroy worships you. Karmala should have taken this into account. While the Dems stick to the rules, they lose. You don't go high, dear, you go low. |
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Title: Re: Trump and tariffs Post by Frank on Dec 8th, 2024 at 8:10pm FD wrote on Dec 8th, 2024 at 6:23pm:
That's why Americans elected Biden's VP, to carry on the splendid work. You are camping out of your mind, son of Lahore. |
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Title: Re: Trump and tariffs Post by Karnal on Dec 8th, 2024 at 8:22pm Frank wrote on Dec 8th, 2024 at 8:10pm:
Then prove me wrong, old boy, don't tell us the bleeding obvious. We've given you the stats, so you know. Your DL is about to raise inflation, government debt, and fuck with global trade. How's he supposed to make anything great again? |
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Title: Re: Trump and tariffs Post by Leroy on Dec 8th, 2024 at 8:33pm FD wrote on Dec 8th, 2024 at 8:22pm:
You need to save some of that anger for when he actually does raise inflation, government debt, and fuck with global trade. At this rate you will be all angered out and who is going to act like a pork chop when he does raise inflation, government debt, and fuck with global trade. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 8th, 2024 at 8:35pm FD wrote on Dec 8th, 2024 at 8:04pm:
Leroy's a big fan? |
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Title: Re: Trump and tariffs Post by Karnal on Dec 8th, 2024 at 8:40pm greggerypeccary wrote on Dec 8th, 2024 at 8:35pm:
Sure is. Like Ivanka, Leroy belongs to one man: Daddy. |
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Title: Re: Trump and tariffs Post by greggerypeccary on Dec 8th, 2024 at 8:43pm FD wrote on Dec 8th, 2024 at 8:40pm:
Ah. Hopefully Daddy won't buy him some fake tits for his 21st birthday and then bend him over on the Oval Office desk and go balls deep up his butt hole. |
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Title: Re: Trump and tariffs Post by Karnal on Dec 8th, 2024 at 8:53pm greggerypeccary wrote on Dec 8th, 2024 at 8:43pm:
Oh, Daddy most certainly will. Leroy's even said - he doesn't give a hoot if Daddy fucks him, it's all good. Leroy's cheerful, you see. Every day in every day, you see, things keep getting better and better. |
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Title: Re: Trump and tariffs Post by Frank on Dec 8th, 2024 at 8:56pm FD wrote on Dec 8th, 2024 at 8:22pm:
:D :D :D :D You just said it, you stupid little Bbwianesque eejit. ALL your 'arguments' over the last decade have been proven to be wrong. That's bleeding obvious. |
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Title: Re: Trump and tariffs Post by Leroy on Dec 8th, 2024 at 8:59pm FD wrote on Dec 8th, 2024 at 8:53pm:
Very cheerful. I woke up this morning and thanked my luck. |
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Title: Re: Trump and tariffs Post by Karnal on Dec 8th, 2024 at 9:16pm Frank wrote on Dec 8th, 2024 at 8:56pm:
You should learn from Leroy, dear boy. Come out as being happy and free. It may not happen overnight but it will happen, no? |
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Title: Re: Trump and tariffs Post by Frank on Dec 8th, 2024 at 9:19pm FD wrote on Dec 8th, 2024 at 9:16pm:
Focus, son of Lahore: ALL your 'arguments' over the last decade have been proven to be wrong. That's bleeding obvious. |
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Title: Re: Trump and tariffs Post by Karnal on Dec 8th, 2024 at 9:32pm Frank wrote on Dec 8th, 2024 at 9:19pm:
Oh - you mean like consumers pay tariffs rather than the government of the country you import from? Yes, old boy, I see what you mean. When you say ALL, you mean none. When you say LIE, you mean truth. And when you say ALWAYS ABSOLUTELY NEVER EVER, you mean nothing. You're entire program is a plastic bag, blowing in the wind. All that is solid melts into air, no? Just so, as every schoolboy knows. |
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