President Trump announces new tariffs: 25% for steel, 10% for aluminum

You think we will sell a lot of cars when we are paying artificially higher steel prices? Last steel tariffs we lost jobs.



I think that we will not improve our trade balance until we show the rest of the world that we will not be their bitch anymore.
We bought up the rest of the world. That’s why there’s a trade imbalance. They’ve been our bitch for decades.



I live in the Rust Belt. We have not bought up the rest of the world.


THey have fucked US.

Or, your dependence on manufacturing jobs has fucked you.


Manufacturing is a part of any healthy, large economy.


Our trade "partners" have fucked up our manufacturing sector.


Trade is supposed to be mutually beneficial. If it is not, why do it?

Manufacturing is a part of any healthy, large economy.

Sure, just not in the historic way you're imagining. People are increasingly less needed for production.

It's time to stop being dependent on the local plant for your well being and time for individuals to be flexible and self sufficient.
 
You do understand that there is steel in the concrete, right?
ROFL. Yeah, it's about 10% steel by volume.

You just refuse to see the big picture. you asked me to explain the cummulative effect and then totally ignore the answer. Here's a short list of things that will go up in price. Computers (cases) printers, lamps, Cameras, scanners, tv's, appliances, cars, wire, cans, stereos, ipods, guns (you'll like that one) There are more things in your home that contain these materials than those that don't. Tariffs are by their very nature inflationary and we can see that Markets are responding negatively on this news. It's a bad idea, period. I think I just wasted more of my time trying to get you to understand. Right?
As I have explained, the price of these items will increase by a fraction of 1%. That's hardly going to cause an economic collapse or impose a hardship on anyone. It's far less onerous or harmful than Obama's "Clean Power Plan" would have been, but all you snowflake morons defended that.

Investors always overreact to any kind of news that might affect the stock market. The drop that occured when Trump made his anouncement is temporary.


Yeah it's temporary but will be fun once the market goes up again to see the lefts reaction....according to liberals the sky is falling
You do understand that there is steel in the concrete, right?
ROFL. Yeah, it's about 10% steel by volume.

You just refuse to see the big picture. you asked me to explain the cummulative effect and then totally ignore the answer. Here's a short list of things that will go up in price. Computers (cases) printers, lamps, Cameras, scanners, tv's, appliances, cars, wire, cans, stereos, ipods, guns (you'll like that one) There are more things in your home that contain these materials than those that don't. Tariffs are by their very nature inflationary and we can see that Markets are responding negatively on this news. It's a bad idea, period. I think I just wasted more of my time trying to get you to understand. Right?
As I have explained, the price of these items will increase by a fraction of 1%. That's hardly going to cause an economic collapse or impose a hardship on anyone. It's far less onerous or harmful than Obama's "Clean Power Plan" would have been, but all you snowflake morons defended that.

Investors always overreact to any kind of news that might affect the stock market. The drop that occured when Trump made his anouncement is temporary.


Yeah it's temporary but will be fun once the market goes up again to see the lefts reaction....according to liberals the sky is falling

Well in a sense it is, at least for the left. The left went all in on slow growth being the new normal. Slow growth means low interest rates, real estate appreciation and cheap labor being replaced entirely by automation. This in turn creates an aristocracy masquerading as a wide open meritocracy. This is covered up with flat out lies such as Harvard being the best college in the country with its most successful alums being drop outs. In terms of life time returns net of student debt it is not even worth going to on a non-athletic scholarship. Trump's shake up will cause a crash in such high tone ripoffs.
College Is Not Cool, It's Coolie

We're not allowed to count as student debt the lost income that could have been earned at ages 18-22 instead of going to college. So add $60 to $100 thousand to the price of this class-biased indentured servitude.
 
Canada is very seriously into automobile manufacturing. They have all the infrastructure they need for it. Now, if i were GM, I would simply shift more manufacturing of, say, GMC trucks, to Canada, or even Mexico, which do NOT have to pay a tariff on steel. In fact, Canada produces their own steel. GM's problem is solved, and more Americans lose their jobs.
 
Last edited:
"The United States has an $800 Billion Dollar Yearly Trade Deficit because of our “very stupid” trade deals and policies. Our jobs and wealth are being given to other countries that have taken advantage of us for years. They laugh at what fools our leaders have been. No more!" - President Trump
 
"Toyota says U.S. tariffs on steel, aluminum will raise costs, therefore prices of cars and trucks sold in America"

Reuters Politics on Twitter

The price for a ton of steel is about $140. If it takes one ton of steel to make a car, how much will a 25% increase in the price of steel increase the price of the car?

Answer: $35.

It will cost more than that (possibly $800-$900 a car) being that steel makes half the weight of the car....either case car manufacturers will demand suppliers to lower their prices on say a set of car seat, a set of glass (windshield, sidelights,backlights) or even tires to offset any other increase prices of the vehicle. So other industries are affected by the tariff.
The Bagmen Left Holding the Bag

The corporate parasites will have to take a cut in profits instead. Richlovers want us to believe that the amount of profit is set in stone, so that higher material costs or higher wages can only lead to higher prices.

That'll be the day. Corporations voluntarily giving up profits or not fighting like hell to pass on costs.
Their Hopes Count on Dopes

If customers can't afford to pay passed-on costs, then the decrease in sales will decrease the GreedHeads' total profits anyway. So it's just a scare story their well-financed preachers are trying to make us fall for.
 
"If the E.U. wants to further increase their already massive tariffs and barriers on U.S. companies doing business there, we will simply apply a Tax on their Cars which freely pour into the U.S. They make it impossible for our cars (and more) to sell there. Big trade imbalance!" - President Trump just now

no retreat, baby, no surrender.
 
Conservatives now support artificially setting the price for commodities. Conservative socialism is hitting it's stride. Other ways cons meddle in the free market? Punishing a company like Delta for making decisions that they think are best for their bottom line. And of course steering government contracts to their friends and family, their donators, to the tune of billions of dollars, even though their friends can't do the job.

Yeah, what's with this Delta thing and the NRA? Pretty shady stuff.
Throw All Your Eggs at One Basket

According to Antiffies, Trump's support of the NRA's point of view cost its members their airline discounts.
 
"Experts hate tariffs. Markets hate tariffs. Economists hate tariffs. Trump loves tariffs."
 
Honestly, I'll admit, I don't know enough about economics to comment on what effect this will have. But just about EVERYONE is saying that it's a pretty bad idea. So I imagine it's probably a pretty bad idea.
 
some folks are sayin Trump's tariffs will raise the cost of your beer!

Cans are made of aluminum so it will cost more to put beer in a can, They can do one of two things. Raise the price or cut costs by laying people off.
The cost increase will be about $0.0001 per can.

You're such a dope.

Costs go up for everything for everyone. Even businesses. If everything a business buys costs more, prices will have to rise as well, dope. It's not just cans. Its everything.
Costs will go up by a trivial amount, moron. They don't multiply like rabbits. The material component of most manufactured items constitutes a small percentage of the cost. The bulk of costs is labor and capital investment.

Even if the cost of the completed product is double the price increase of steel, that's still only 1% for a washing machine, and it's probably less for most other products.

I don't support tariffs, but the hyperventilating over this one is pure politics.
 
some folks are sayin Trump's tariffs will raise the cost of your beer!

Cans are made of aluminum so it will cost more to put beer in a can, They can do one of two things. Raise the price or cut costs by laying people off.
The cost increase will be about $0.0001 per can.

You're such a dope.

Costs go up for everything for everyone. Even businesses. If everything a business buys costs more, prices will have to rise as well, dope. It's not just cans. Its everything.
Costs will go up by a trivial amount, moron. They don't multiply like rabbits. The material component of most manufactured items constitutes a small percentage of the cost. The bulk of costs is labor and capital investment.

Even if the cost of the completed product is double the price increase of steel, that's still only 1% for a washing machine, and it's probably less for most other products.

I don't support tariffs, but the hyperventilating over this one is pure politics.

You're wrong, retard.

You're focusing on a single product rather than the total cost to the economy.
 
"Reminder: Trump regularly inflates trade deficit numbers by only focusing on goods, not trade in goods and services. Commerce Dept says US trade deficit in 2017 was $566 billion."
 
Does Hillary Clinton, Mika Bresinski, or Anderson Cooper even know what a working class 8 hour day is like? From their sheltered world? I would be coated in black from head to toe in the mill I used to work in. Sweat your ass off in January. But it paid the bills, got you into the middle class and was the American Dream. Was. Thanks Democrats for selling that out.
Your heroes Koch Brothers have no idea what an 8 hour workday is.
D90u9YR.jpg
I don’t give a fuck about them What about my hometown...others like it? Suicides by vets who serve and can’t find a job when they get out? Fuck your paltry fucking political talking points bullshit.

Maybe if your GOP wouldn't lie us into wars so folks like Cheney can get richer, there would be fewer Veterans with psychological problems. Where did you stand on the Iraq war? Let me guess. All for it. BTW, you need to calm down because like Trump, you could make rash decisions.
Oh. Our wars are about $$$. OK ANTIFA burb boy. How many years military service do you have?

Two. Is that enough for you? A tour in VN with the Marines. Taught me that war is indeed about $.
Carved on America's Tombstone: PROUD TO DIE TAKING A RICH KID'S PLACE

In Terminal America, war's purpose has been to establish birth-class supremacy, including for the no-talent brownnosing wannabe preppies who ran away to college. Vietnam killed off or took the fight out of the bravest of those born in the working class.

Sadly, those who warn the plutocratic parasites about working-class revenge are only bluffing. That would have happened long before the class holocaust ever reached the point it did in the 1960s. The generations since that surrender are wandering fatalistic escapists and no threat to the spread and solidification of the exclusivist ruling class.
 
TRUMP TARIFF TALK ALREADY HAVING IMPACT: “Business investment depends on predictable policy, & relentless chaos takes its toll even if cooler heads prevail on the policies that the president is tweeting about.”

IF YOU DON'T SUPPORT PRESIDENT TRUMP YOU'RE NOT A REAL AMERICAN!!!
A Massive tax increase for Americans
 
"Why does Trump enjoy giving appearance of chaos around his adminstration despite having a clear, brilliantly designed strategic trap set for his enemies? Because you always cover the trap with leaves so the bear doesn't see it."
 
I remember the Bush’s flooded the market too with cheap Chinese tires



So, if cheap imports were bad then, are they good now?
No


Sooo, you support President Trump on this move?
No he’s starting a trade war. It’s like if trump nuked russia. You can get me to agree russia is no good but not Nuking them.

Our trade imbalance needs to be fixed but we don’t need a trade war.

There goes our tax breaks. I hear the cost of living is already going up


We are never going to be able to fix our trade balance, if the rest of the world is able to just take advantage of US with no push back.


Their national governments would be remiss in their own responsibility to their own citizens, if they did NOT take advantage of a fool with his money, ie US.
Burbon from McConnells state of Kentucky Harleys from ah Ryans home state of Wisconsin going down
 
"Why does Trump enjoy giving appearance of chaos around his adminstration despite having a clear, brilliantly designed strategic trap set for his enemies? Because you always cover the trap with leaves so the bear doesn't see it."

I guess I'm just missing the brilliant plan for this country that your hero is implementing, right? LOL Is Javanka part of that plan? How so? How about the payola to hookers, part of the plan? Well I guess we of limited intellect just fail to see the brilliance. Yeah, that's it.
 
I just heard Ross say that free trade is a slogan, not something that actually exists. It is an excuse to take continuous losses. He also pointed out the the experts never saw a bad trade deal they did not like. I can't believe their is such resistance not to be taken advantage of.
 

Forum List

Back
Top