Posted on 02/24/2025 7:05:56 AM PST by SeekAndFind
Not as much as the O’Bama and Bidenskyyyyyyyyy administrations have done.
What kind of economic logic is that?
Amazing how much angst putting reciprocal tariffs on the rest of the world is causing.
Gee ya’ll could avoid all that by undoing your unfair trade practices targeting the USA.
We’ve been down this road before. Trump’s first term he enacted tariffs on China, the media melted down screaming about trade wars, inflation and all manner of economic horrors.
Turns out it all worked out great.
I love how the democrats are now inflation sensitive.
85% of US Food is domestically produced. So while imported things English Chocolates, French Wine, and Columbian Coffee may go up in costs, core food stuffs will not
Food stamp logic.
Libe4al logic- “crim8nals are good, ,aw abiding people bad” “causing economic collapse good, fiscal responsibility bad” “tyranny of the left good, gov for the people by the people, of the people bad”
Left wing nuts believe that inflation is caused by Tariffs, but not caused by income taxes?
Inflation is mostly driven by GOVERNMENT SPENDING especially DEFICIT SPENDING which results in devaluation of the currency. See Wienmar Republic for specific details.....
or Joe Biden and his ‘green energy scam’.....
I am not concerned with Tariffs, because they tend to increase US production, which tends to stabilize prices, so the inflation is usually very temporary. Increasing income tax tends to destroy the economy, and inflate prices.
The question is how much good can they do.
AI generated FUD article
Aren’t Canadian and Mexican tariffs conditional, depending on their cooperation with ridding the country of illegals? This guy is giving us a snspshot of what will likely be a very dynamic situation. But, with a loaded headline like that, I’d expect no less.
Agreed. When discussing tariffs, it’s amazing how left out of the conversation are the tariffs other countries have had on the U.S. for many years. Imagine how many American jobs were lost in part because it’s too expensive to sell things oversees that are made here.
“What kind of economic logic is that?”
Marxist.
Because getting screwed in the backside by Canada is so much better.
Tariffs may be required to meet defense and foreign policy goals, but Trump needs to be honest about the real economc they can cause for Americans:
1. They’ll be higher prices for domestic consumers or produces using foreign inputs.
2. When we import, foreigners don’t just stuff their dollar payments into their closets. If we don’t import, foreigners won’t earn the dollars they use either (a) to import from the USA or (b) to invest in the USA. This means fewer physical ivestments or higher interest rates.
3. Foreign governments will retaliate, leading to job losses and reduced profits for Americans.
Tariffs aren’t taxes exactly. But they are a massive cost inposed upon consumers and also businesses. Higher costs, less prosperity. It is a complicated mess with many secondary, knock-on, unintended and unforeseen consequences.
Is Trump willing to ruin his second presidency over tariffs? Last time it was covid and Floyd, lockdowns and vax and riots and BLM.
This time tariffs could ruin the economy and also a promising start.
Tariffs will create ann industrialized America with full employment and wealth for its citizens, how horrible!
They doth protest too much, methinks.
I'll wait patiently for you to point out the big Chinese increases in US imports or investment in the US.
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