Posted on 04/13/2025 8:02:37 AM PDT by ChicagoConservative27
Woot!
Bessent, Lutnick, Navarro, Hassett and Trump, what a dream team!
I mean those business got hit quickly by those tariffs. It has not even been a week and the business of America has been broken by POTUS Trump and his tariffs.
Give me a break!!
Trump needs to reach an important agreement quickly with an allied nation — just to show that it can be done and that he’s not going to be continually responding “not good enough”.
Watch out for the click vampires around here.
[My current suggestion]
The total tariff shall be:
I. on industrial inputs [we could and should make],
a. initially 0%, and then increasing by 1% at the start of every IRS quarter month after 2026 to 20%, on
I. industrial level components,
which may creditable on a one-to-one basis after bona fide export
via any optional scheme the Secretary of Commerce may allow a bona fide exporter to participate in,
II. any drug for lawful retail sale & consumer use,
III. drug, chemical and plastic industrial inputs, other than refinery hydrocarbons and those for making fertilizer,
IV. aircraft grade aluminum alloys and automotive grade ferrous metal,
b. 0%, on
I. other raw materials, including coffee beans, fertilizers and their precursors,
base metals, electricity, raw & refined hydrocarbon products,
when vended without resale or short leash supply restriction,
II. foodstuffs, when sourced from a country for which the Secretary of Agriculture justly holds in good standing
for lack of undue impediment on import of US agricultural products generally vendable in the USA.
The base tariff shall be:
1. 20%, on items of a type that have been sold at retail that can be made and packaged by automated equipment,
2. 10%, on any other product,
3. 200%, on a service such as gambling or pornography historically banned by law, or
4. 10%, on any other service.
The base tariff for a particular import shall be:
1. increased 2% per dollar as estimated by the Secretary of Commerce,
on the industry wage shortfall of a key source country compared to the USA,
up to 20%, but levied only if the country is industrially advanced,
2. increased by the percentage of the latest 12-month US<->international cash flow US shortfall,
excluding most raw material transactions,
as to be estimated by the Secretary of Commerce, up to
a. 10%, if the key source country is industrially advanced,
b. 5%, otherwise,
3. increased by the percentage of the latest 12-month US<->the key source country cash flow US shortfall,
excluding most raw material transactions,
as to be estimated by the Secretary of Commerce, of up to
a. 10%, if the key source country is industrially advanced,
b. 5%, otherwise,
4. adjusted based on the latest 12-month US<->foreign exchange rate change,
as to be computed at least annually by the Secretary of Commerce, with
a. proportional addition by up to 5%, when unfavorable to the US dollar,
b. proportional reduction by up to 5%, when favorable to the US dollar,, but to not less than 10% tariff,
5. adjusted based on domestic producer profitability, by industry,
except when the import is an item to be worn by a person,
or contains intellectual property of key value significance, or is excluded by treaty or US law,
as shall be calculated by the Secretary of Commerce, with
I. a 10% addition, no domestic producer of product or service type,
II. addition of calculated percentage that is less than 10%,
III. reduction by calculated percentage that is less than 10%, but to not less than 10% tariff.
For tariff purposes, a country is to be considered industrially advanced if it:
1. exports vehicles sold in the USA, other than motorcycles, which can be driven on a federal interstate highway,
2. produces an aircraft, or more than 10% of an aircraft by value, when such aircraft is certified by the FAA,
3. enriches uranium,
4. produces weapons for export to the USA which had a listed import value in excess of $100 million
in a prior 12-month period less than 24 months past,
5. is considered as such by the Secretary of Commerce for reasonable cause.
There shall be no tariff on bartered items internal to a motor vehicle organization, bartered beverage exchange system, or other barter system approved for tariff exemption by and justly held in good standing with the Secretary of Commerce.
[Certain dollar amounts on apparel, electronic and stuff typically sold below any possible US production amount
should be tariff exempt, not never the whole item regardless of cost. We don’t need to be importing $1,000 cellphones that
cound be made in the USA for far less.]
The Secretary of Commerce may by regulation provide tariff exemptions up to the following amounts:
1. $100 on a laptop or personal computer
2. $60 on a smartphone
3. 10 cents per square inch of LCD screen
4. $45 per hard disk drive
5. $1 per first GB of solid-state memory and 20 cents for each additional GB
6. $5 on a shirt, blouse or dress
7. $4 on a pair of pants or skirt
8. $1 on an undergarment
9. $10 on a suit
10. 10 cents per inch of sewing, up to $2 on shoes and any other worn garment including dolls clothing
11. such amounts on kitchen appliances that do not exceed
80% of values of competitively priced basic models as of June 1, 2023
12. such amounts on hand tools, powered and unpowered, that do not exceed
80% of values of competitively priced basic models as of June 1, 2023.
The Secretary of Commerce or any federal judge shall refuse admission to the US to products whose ability to be supplied to the US market might be the result of a coercive technology transfer agreement, patent infringement or technology thievery.
Lutnick can't get out of his own way. President Trumps's economic team is figuring that out and that's why Lutnick got boxed out of the decision to suspend for 90 days the higher tariff numbers.
Impressive.
With all the respect stop judging. I post to see what everybody’s opinion is. I didn’t know that every time I made a comment it has to be perfect.
Lizzo and the whole SNL cast are anti-tariff TDS Free Traitors™ like you. You must be so proud.
You post too much. We get it, you are blue state squish.
You’re completely wrong. Have a nice day
PS: I will judge any post, any poster anytime I want too. Get it?
Are you going somewhere?
Tim Cook got his deal for Apple. The Green lobby got their deal on solar cells and wind turbine components. China didn’t even try very hard. Xi was last seen laughing.
They need to teach all these people the correct way to answer these questions.
1. Make sure the audience knows the host is a leftist shill. “Jake the only people who characterize President Trump’s work and policies as “capricious whims” are his political enemies who want to continue stealing from the treasury and their leftist media shills. And for the audience at home Jake Tapper IS a leftist media shill.”
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