There is a reason Sen. Rand Paul is against the tariffs because it could be a disaster.
If it’s such a disaster, how come all those other countries have tariffs much higher than ours?
“There is a reason Sen. Rand Paul is against the tariffs because it could be a disaster.”
I’m on the fence here - we need to protect capabilities for national defense (something we haven’t bothered doing), and of course I like American jobs.
But if Trump winds up empowering Labor Unions to hold America hostage as they do in other countries, and have done in the US in the past, and also to fund DEMOCRATS, then not so good.
Did they comment on the effect of over $3 Trillion in new investment in this country announced just since Trump took office? Much of it to avoid tariffs that have not even been imposed and never may be?
People overlook what Trump is accomplishing just talking about tariffs, not imposing them, and companies making investment decisions based on what Trump says he could do….not what he has actually done..yet.
Seems like a gross over-simplification.
Making more things in the US means lower prices and more people employed earning taxable income and bringing people out of poverty or off Welfare, making the government cheaper to run and taxes go further down, making it even cheaper to produce and buy things across the US. Stopping illegals from coming over while kicking out the others will help reduce crime and reduce more Welfare use.
Two can play this game.
I’m willing to risk it. If other countries can charge tariffs and we can’t, how does that help prices?
More jobs will come in and fewer jobs will go out. The US is not as dependent on exports as is China and the EU. In contrast, the US is running a trillion dollar trade deficit with the rest of the world. Other countries will eat the tariffs to stay in the US market. They will lower their prices.
Schiff ... always Dooms Dayer.
Time for these countries to stop subsidizing their tariffs.
So what are their suggestions for our exported industries and incredibly vulnerable supply chains?
We need to produce or own goods like we did not so long ago, and all of the other countries can kiss our ass. I’m tired of America last. We need to be more independent.
And yet foreign tariffs are designed to undercut American Manufacturing and make it unable to compete. Does that sound like a level playing field? There is nothing free about Free Trade.
Does raising taxes on corporations raise prices too or just raising taxes on foreign countries?
Uh-huh.
The facts missing from this equation are all the punitive taxes/tariffs arrayed against US products around the world.
That inconvenient fact is NEVER brought up by ‘free traders’.
DJT implemented the tariffs as a bargaining chip and schiff/paul ignore the logical effects.
However, I will not ignore the fact that the administration has bungled badly in squandering a strong position by implementing the tariff policies haphazardly.
Evidence: The euroweenie confrontation over ukeland (combined with the looming failure of ceasefire negotiations) and the liberal election win in Canada.
I had hoped for a better launch of DJT’s 2nd administration but clearly Susie Wiles doesn’t know WTF she’s doing and my other hand is nearly full.
As far as all the ‘free traders’ out there: You can all kiss my backside. We need STRONG trade policy which benefits the US and Paul has presided over back-to-back administrations which enacted horrible trade policies, going so far as to support cheap, foreign made goods by saying,
“And so that savings, though, allows working-class people to have savings to get a television set, to go on vacation, to buy gas for their truck. So trade is really a good thing.”
He’s a dumbass.
Arguing that tariffs brought us the looming economic/fiscal problems is a delusion of idiocy. The pain of prior government policies at all levels is unavoidable (and unfortunately so it seems the looming conflict(s)).
Replacing foreign jobs with domestic jobs. Replacing foreign goods with domestic goods. Replacing foreign dependence with domestic independence. Replacing foreign aid with domestic fiscal responsibility, replacing foreign energy with domestic energy, replacing foreign vehicles with domestic vehicles...I guess the list goes on and on and it’s just not that hard.
Trump gets it.
It's sometimes hard for those who have always viewed an idea from one viewpoint to see that new innovative ways can actually be an improvement.
Peter was wrong about bitcoins, by his own admission, which means he does have blind spots. He's not infallible in other words.
Absolute bunk.
American production will rise and every American will be better off.
If so, why hasn't rand paul railed against the USA getting railed by high
canadian tariffs on USA products.
paul is turning into another undercover illiberal democrat rino.
Also, I 'could' be struck by a piece of falling space debris.
That 'could' be a disaster too.
Another fundamentally flawed premise. So tired of this non-sensical idea that other countries benefit greatly by putting massive tariffs on our goods, but the second we reciprocate, we will be the only one to suffer.
To listen to the media and the globalist “economists”, every country is about to win big, while we lose. Doesn’t pass the smell test - especially when we are the country taking in a lot more than we are sending out - but yeah, somehow all those other countries win.
Free Traitors are a cult. If there is a demand for goods and services inside America created by then American entrepreneurs will mobilize to meet the demand and hire Americans to produce the goods and services. That is the whole point of tariffs and why other countries used them to strip whole industries away from America. The real angst that Free Traitors have over tariffs is that they increase wages and opportunities for Americans and makes them more free.