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Americans Will Pay the Price for Reckless Tariff
National Review ^ | April 3, 2025 | The Editors

Posted on 04/04/2025 5:41:44 AM PDT by karpov

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Tariffs are not popular with investors or the general public.

'In the run up to threatened new tariffs, a new Marquette Law School Poll national survey finds 58% of adults think tariffs hurt the U.S. economy, while 28% say tariffs help the economy and 14% say they don’t make much difference. Slightly more than half of Republicans, 52%, think tariffs help the economy, but 58% of independents say they hurt the economy, as do 89% of Democrats.

The public is increasingly skeptical of how the economy will fare, in terms of inflation, in response to President Donald Trump’s policies generally. A majority of adults, 58%, think Trump’s policies will increase inflation, 30% think his policies will decrease inflation, and 12% think they will have no effect on inflation. Among Republicans, 62% think the policies will decrease inflation, a decline from 70% in late January and from 76% in December. Only 16% of independents think inflation will decrease, compared to 26% in January and 28% in December. Ninety-two percent of Democrats say Trump’s policies will increase inflation, an increase from 85% who said that in January and 82% in December.'

Source: https://www.marquette.edu/news-center/2025/marquette-law-school-national-survey-finds-public-skeptical-of-tariffs-inflation-trends-positive-on-nation-s-direction.php

1 posted on 04/04/2025 5:41:44 AM PDT by karpov
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To: karpov

First ths is NR so it is not worth reading. Second, major national entities organizing around the economy and national security are globalist. They made their fortune sending manufacturing overseas and investing in overseas manufacturing capabilities. Their bread is not buttered by making America great again or making our citizenry healthy and prosperous again.


2 posted on 04/04/2025 5:46:11 AM PDT by AndyJackson
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To: karpov

I just finished watching Season 3 of “The Crown”.

Great Britain was laid low by trade deficits of 107 million pounds [over an unspecified period]. That adjusted for currency, inflation and population would be ~$15 billion [over an unspecified period].

Princess Margaret charmed LBJ for about $1 billion [1967 dollars] to keep GB afloat.

We are in far worse shape than 1967 Great Britain.


3 posted on 04/04/2025 5:48:36 AM PDT by Brian Griffin
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To: karpov

The tariffs are going to stay. I trust a President with his full mental faculties maling hus iwn decisions light years more than one with dementia allowing his Godless staff to run things.


4 posted on 04/04/2025 5:48:59 AM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: karpov

National Review. 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂


5 posted on 04/04/2025 5:50:02 AM PDT by Codeflier (Don't worry....be happy. )
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To: karpov

6 posted on 04/04/2025 5:50:26 AM PDT by AAABEST (That time Washington0 DC became a corrupted, existential threat to us all...)
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To: karpov

National Review? I thought they were on a cruise somewhere.


7 posted on 04/04/2025 5:50:43 AM PDT by bk1000 (Banned from Breitbart)
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To: karpov

I did not get past the first two paragraphs as it shows how ignorant the article is and will be....


8 posted on 04/04/2025 5:51:07 AM PDT by God luvs America
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To: karpov

Why impose a 10% tariff on Singapore? Singapore does not impose any tariffs on the US.


9 posted on 04/04/2025 5:51:09 AM PDT by ShadowAce (Linux - The Ultimate Windows Service Pack )
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To: karpov

any halfway decent economics professor can train it out of students in one or two lectures.
******
How about proving it with facts, not haranguing students with your biased opinion.


10 posted on 04/04/2025 5:52:25 AM PDT by yldstrk (Nothing like the truth)
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To: karpov

Hey NR. If I ever got into a position where I had some disposable income or assets to put into the stock market I might be a tad more worried. What I do see, however, that threat of imposing tariffs have already had good net effects with other countries.


11 posted on 04/04/2025 5:52:32 AM PDT by Gaffer (i)
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To: karpov

What a load of crap. The first line gives the stupidity all away. I was going to rebut it, then saw it was National Review, and a rebut is pointless.


12 posted on 04/04/2025 5:53:54 AM PDT by rlmorel ("A people that elect corrupt politicians are not victims...but accomplices." George Orwell)
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To: karpov
Of course the tariffs are not popular with investors for the same reason Trump's closing the door on immigration is not popular: both will in time increase the proportion of national income going to labor instead of to capital.

Above all it shows capital that the political interests of the nation, which include a stabile middle class and a national identity, are more important than the narrow interests of the investor class.

The grifting business & investor class, who only know how to earn money by lowering wages and importing goods, might have to learn how to actually run a business.

13 posted on 04/04/2025 5:55:20 AM PDT by pierrem15 ("Massacrez-les, car le seigneur connait les siens" )
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To: karpov

Take a country like Costa Rica, for example. The U.S. goods trade deficit with Costa Rica accounts for less than 0.2 percent of the total U.S. goods trade deficit, so even if you think trade deficits are bad, it’s basically irrelevant. Some of the top imports from Costa Rica include products such as bananas and coffee, which are hardly grown at all in the U.S. because of geography. But now, because of Trump, Americans will be taxed at 10 percent for buying Costa Rican bananas and coffee.
**********
Listen, doofus, how many automobiles, or even washing machines do you think are available manufactured or not in Costa Rica? Literally all machines have to be imported, and there is a 30-40% tariff on importing, so the market in Costa Rica is essentially closed or reduces to US products or products coming from the US.


14 posted on 04/04/2025 5:55:25 AM PDT by yldstrk (Nothing like the truth)
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To: karpov

NR stays right on message. Surprised they didn’t embed a “George Prescott Bush, 2028” ad in the text somewhere. /s


15 posted on 04/04/2025 5:56:53 AM PDT by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: karpov

NR is always against all things American. Always. Sad to see they have fallen so far.


16 posted on 04/04/2025 5:57:38 AM PDT by CodeToad ( )
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To: God luvs America

I got through the first line of the first paragraph, then decided to view the source.

Kind of like reading something on FR, stopping a few lines in just as you are being hooked, and realizing it is the Babylon Bee.

But the National Review is not riding its strength of its satire like the Babylon Bee, or the intellectual clarity of American Greatness with VDH. This article is riding the strength of its stupidity from the Left.


17 posted on 04/04/2025 5:57:43 AM PDT by rlmorel ("A people that elect corrupt politicians are not victims...but accomplices." George Orwell)
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To: ShadowAce

I will argue that tariff declarations will be rescinded on a case by case basis given adequate justification

There is a time element involved


18 posted on 04/04/2025 5:57:51 AM PDT by bert ( (KE. NP. +12) Where is ZORRO when California so desperately needs him?)
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To: All

National Review have always been gatekeepers for allowable conservative thought in America and the time they had any influence has long time passed


19 posted on 04/04/2025 5:58:08 AM PDT by escapefromboston (Peace, commerce and honest friendship with all nations, entangling alliances with none.)
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To: karpov

Ah yes, National Review. Otherwise known as “Orange Man Bad!” Magazine.

L


20 posted on 04/04/2025 5:58:44 AM PDT by Lurker ( Peaceful coexistence with the Left is not possible. Stop pretending that it is.)
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