Great Article that Explains Trump's Tariffs and Their Value

[task0778]

What the OP article does not mention is the blowback as affected countries raise tariffs and other protectionist policies against us, so it ain't all sunshine and lollipops. Then there's the US companies that were using imported steel to produce their products, which will raise consumer prices. The net effect of any tariff is high prices for the same thing, never forget that.

 

[g5000]

Bribes Biden? Chinese kickbacks Biden? 15 million ILLEGALS invasion Biden? That Biden? Come here kid...

Nice try.

You can attempt to deflect all you want, but it is a fact tariffs are a far left policy.

That's why Biden continued them.

The opposite of tariffs is FREE TRADE.

Dipshit.

 

[g5000]

Great Article that Explains Trump's Tariffs and Their Value​

I'll tell you the value of Trump's tariffs so far.

Minus five trillion dollars.

Dipshit.

Trump is an enemy of the people.

WHEEEEEEEEEEEEE!

 

[g5000]

Yesterday:

S&P 500 loses $2.4 trillion in market value​

Even more losses today.

Trump is a dyed-in-the-wool Marxist.


.

 

[berg80]

Nice try.

You can attempt to deflect all you want, but it is a fact tariffs are a far left policy.

That's why Biden continued them.

The opposite of tariffs is FREE TRADE.

Dipshit.

Step away from the Kool-Aid, nitwit. Making comparisons between Biden's targeted tariffs and Dotard's blanket tariffs based on each nation's trade surplus with the US is just the kind of misinformed lunacy we've come to expect from the cult.

Small-cap benchmark Russell 2000 becomes first major U.S. stock measure to enter bear market​

https://www.cnbc.com/2025/04/03/small-cap-benchmark-russell-2000-becomes-first-major-us-stock-measure-to-enter-bear-market.html

 

[Jim H - VA USA]

Nancy Pelosi in 1996 advocating for "reciprocal tariffs..."

Of course, this was before she got rich shipping jobs overseas...



Seems it was a great idea to the Left until Trump tried to actually do it!

 

[DStar777]

President Trump announced that he intends to impose reciprocal tariffs on all U.S. trading partners on April 2nd that match the existing tariffs they have imposed on American goods. Reciprocal tariffs are the essence of fair trade. Too many of America’s trading partners impose substantially higher tariffs on their imports of U.S. goods than the U.S. imposes on imports of their goods. Hopefully, these countries will get the message that it is in their best interest to sharply reduce their tariffs to avoid reciprocal U.S. tariffs at the higher levels these countries are currently charging. Once the reciprocal tariffs are set, they will form the baseline from which the U.S. and its trading partners can negotiate lower tariffs that will benefit all parties.

Of course everyone should realize that this is the whole point of the tariffs, like them or not. I hope it works because in the long run, economies will not be able to sustain this.

 

[candycorn]

Harvard-trained attorney Joe Klein has a written a great article titled "Trump's America-First Tariffs" that explains and defends Trump's tariffs. Here's an excerpt:

President Trump announced that he intends to impose reciprocal tariffs on all U.S. trading partners on April 2nd that match the existing tariffs they have imposed on American goods. Reciprocal tariffs are the essence of fair trade. Too many of America’s trading partners impose substantially higher tariffs on their imports of U.S. goods than the U.S. imposes on imports of their goods. Hopefully, these countries will get the message that it is in their best interest to sharply reduce their tariffs to avoid reciprocal U.S. tariffs at the higher levels these countries are currently charging. Once the reciprocal tariffs are set, they will form the baseline from which the U.S. and its trading partners can negotiate lower tariffs that will benefit all parties.

ome countries are beginning to take President Trump’s threat of reciprocal tariffs seriously and are adjusting accordingly. For example, India, which has extremely high tariffs on imports into its country, has shown signs of tempering its restrictive trade policies. During a meeting between President Trump and Indian Prime Minister Narendra Modi last month, the two leaders agreed to initiate talks on a Bilateral Trade Agreement (BTA) with the goal of finalizing the first phase by this fall. Negotiations between India’s Commerce Minister and his U.S. counterpart, along with U.S. trade officials, got underway shortly thereafter. As reported in the Financial Express, India’s External Affairs Ministry spokesperson Randhir Jaiswal “stated that the BTA aims to enhance India-US trade, increase market access, reduce barriers, and integrate supply chains.”

President Trump’s tariff threat is also paying dividends by influencing decisions by Asian and European firms in the automotive, technology, and apparel industries to shift some of their production capacity to the United States. . . .

President Trump’s increase in the tariffs he is imposing on China and other countries that dump their government-subsidized goods in U.S. markets is intended to counter their strategy of flooding the U.S. market with goods sold below cost. This protects domestic companies from potentially being driven out of business by unfair competition.

President Trump also wants to protect American workers’ jobs. This objective is one of the primary drivers behind the president’s decision to impose a 25 percent tariff on steel and aluminum imports from all of America’s trading partners, including Canada and Mexico. Foreign steel and aluminum producers are competing unfairly with American companies by charging artificially low prices for the steel and aluminum they export to the U.S. that the foreign companies’ governments subsidize and otherwise support. Tariffs are a way of leveling the playing field. If successful, this would keep more U.S. workers employed by helping American companies to stay in business and spurring them to invest in building more production capacity in the United States.

Finally, imposing tariffs on imported products, parts, components, and vital raw materials that are essential to America’s national security will incentivize more domestic investment in these critical industries, including the defense, communications, energy, and health sectors. Commerce Secretary Howard Lutnick also noted that President Trump views steel and aluminum as “fundamental for our national security.” (Trump’s America First Tariffs | Frontpage Mag)

https://www.cnbc.com/2025/04/03/stock-market-today-live-updates.html

2000 point bloodbath.

 

[candycorn]

Of course everyone should realize that this is the whole point of the tariffs, like them or not. I hope it works because in the long run, economies will not be able to sustain this.

Just out of curiosity...define the “long run”...

 

[cnm]

Thank you, Mike, for sharing this interesting article.

Tariffs are a subject that we all need more information about.

I'll fix that for you, in the spirit of the article.

Tariffs are a subject that we all need more mis/disinformation about.​

 

[John Edgar Slow Horses]

I'll fix that for you, in the spirit of the article.

Tariffs are a subject that we all need more mis/disinformation about.​

No, that is what Mike does, and you at times.

I can read and understand it.

 

[cnm]

I can read and understand it.

But it's full of bullshit (Chump talking points).

For instance, this...

President Trump announced that he intends to impose reciprocal tariffs on all U.S. trading partners on April 2nd that match the existing tariffs they have imposed on American goods.​

When Chump has imposed, for example, a minimum 10% tariff on countries that have nowhere near that tariff level on US goods.

 

[DonGlock26]

 

[John Edgar Slow Horses]