Tariffs Catch-All

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No Tariff Exemptions for American Farmers​

They voted for the tariffs when they voted for Trump.
By David Frum

GIFT LINK 🎁 —> No Tariff Exemptions for American Farmers

“… During the 2024 election campaign, Americans were told, in effect, that no sacrifice was too great to revive the domestic U.S. toaster-manufacturing industry. If that claim is true, then farmers should be proud to pay more and receive less, making the same sacrifice as any other American.

But if a farm family voted for Trump, believing that his policies were good, it seems strange that they would then demand that they, and only they, should be spared the full consequences of those policies. Tariffs are the dish that rural America ordered for everyone. Now the dish has arrived at the table. For some reason, they do not want to partake themselves or pay their share of the bill.

That’s not how it should work. What you serve to others you should eat yourself. And if rural America cannot choke down its portion, why must other Americans stomach theirs?”
 
GDP (our Economic standing as a nation) = Consumption + Investment + Government Spending + Net imports/exports

Just imagine the new Golden Age of America once we stop getting ripped off by foreigners, close the trade gap, slash the Government, and build factories here in the U.S. Nike can start paying Union wages and benefits to people that don't want those jobs here rather than the Chinese who get paid $2 per day. Your new Nikes will cost $200 rather than $125.

Finally, we will begin to rise up off the mat, and begin to move way up the list of National GDP and prosperity. We will Make America GREAT Again, rather than this poor showing. THE GOLDEN AGE is before us!1000016195.png
 
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Kraftyheel89 said:
GDP (our Economic standing as a nation) = Consumption + Investment + Government Spendi g + Net imports/exports

Just imagine the new Golden Age of America once we stop getting ripped off by foreigners, close the trade gap, slash the Government, and build factories here in the U.S. so Nike can start paying Union wages and benefits to people that don't want those jobs here rather than the Chinese who get paid $2 per day. Your new Nikes will cost $200 rather than $125.

Finally, we will begin to rise up off the matt, and begin to move way up the list of National GDP and prosperity. We will Make America GREAT Again, rather than this poor showing. THE GOLDEN AGE is before us!
Click to expand...
$200 might be an underestimate.
 
Kraftyheel89 said:
GDP (our Economic standing as a nation) = Consumption + Investment + Government Spending + Net imports/exports

Just imagine the new Golden Age of America once we stop getting ripped off by foreigners, close the trade gap, slash the Government, and build factories here in the U.S. Nike can start paying Union wages and benefits to people that don't want those jobs here rather than the Chinese who get paid $2 per day. Your new Nikes will cost $200 rather than $125.

Finally, we will begin to rise up off the mat, and begin to move way up the list of National GDP and prosperity. We will Make America GREAT Again, rather than this poor showing. THE GOLDEN AGE is before us!1000016195.png
Click to expand...
Interesting chart.

I just can't understand why we are so far behind other countries.
 
nycfan said:

No Tariff Exemptions for American Farmers​

They voted for the tariffs when they voted for Trump.
By David Frum

GIFT LINK 🎁 —> No Tariff Exemptions for American Farmers

“… During the 2024 election campaign, Americans were told, in effect, that no sacrifice was too great to revive the domestic U.S. toaster-manufacturing industry. If that claim is true, then farmers should be proud to pay more and receive less, making the same sacrifice as any other American.

But if a farm family voted for Trump, believing that his policies were good, it seems strange that they would then demand that they, and only they, should be spared the full consequences of those policies. Tariffs are the dish that rural America ordered for everyone. Now the dish has arrived at the table. For some reason, they do not want to partake themselves or pay their share of the bill.

That’s not how it should work. What you serve to others you should eat yourself. And if rural America cannot choke down its portion, why must other Americans stomach theirs?”
Click to expand...
Amen
 
nycfan said:
Click to expand...

www.bridgemi.com

Trump announces new auto tariffs; what it means for Michigan | Bridge Michigan

President Donald Trump announced 25% tariffs targeting the auto industry Wednesday, the latest in a series of trade escalations that could have an outsize impact on Michigan’s economy.
www.bridgemi.com www.bridgemi.com
However, others urged caution as upheaval ripples across the industry, from parts suppliers to showroom floors, said Glenn Stevens, executive director of MichAuto and vice president at the Detroit Regional Chamber.

“This means jobs lost and increased pressure on the balance sheets of companies large and small,” Stevens said as companies brace for sales and production changes.

Michigan automakers and suppliers were not surprised by Trump’s move, since he had previously signaled the plan, said Stevens, of MichAuto.

The move is likely to cause economic upheaval across the industry, Stevens said, as shifting demand ripples through the supply chain. Consumers, meanwhile, are likely to face higher prices and fewer choices in the marketplace.

...

Meanwhile, Stevens said, companies that export vehicles to the U.S. will need to make decisions on whether existing facilities in the US have capacity for new models or can be expanded.

“This is by no means a quick process,” he said, “as safety, quality, and process requirements are stringent to build the most complex consumer product in the world.”

While Trump expressed expectations that new assembly plants will result from his tariff move, Stevens said any decision to build will result in a multi-year process for automakers.

New construction “will require very strategic market decisions … capital, the economic development selection process, and the availability of an hourly and skilled trade workforce,” Stevens said.

“These are complex decisions that will take time, long past when the tariffs' impact will be felt within the industry.”
 
Was trying to find out when the actual announcement would be made and came across this on CNN:

“Among the plans being considered were customizing tariff rates for each US trading partner, levying tariffs on certain countries but not others or imposing a flat rate as high as 20% on all imports. One White House official told CNN that they didn’t believe Trump would arrive at a decision until the hours before Wednesday’s 4 pm ET announcement ceremony at the Rose Garden.

What Trump ultimately decides to announce on tariffs will be “effective immediately,” White House press secretary Karoline Leavitt said Tuesday. That is logistically dubious, but if that is the case, other nations would have little time to negotiate and could respond by immediately imposing countermeasures such as retaliatory tariffs.”

amp.cnn.com

Trump just massively escalated his trade war. Here’s what he announced | CNN Business

President Donald Trump is stepping up his massive global trade war, a move that’s certain to weigh on Americans’ wallets and could push the US economy into a painful recession.
amp.cnn.com amp.cnn.com

Literally governing by vibes and whims.
 
nrsair said:
Was trying to find out when the actual announcement would be made and came across this on CNN:

“Among the plans being considered were customizing tariff rates for each US trading partner, levying tariffs on certain countries but not others or imposing a flat rate as high as 20% on all imports. One White House official told CNN that they didn’t believe Trump would arrive at a decision until the hours before Wednesday’s 4 pm ET announcement ceremony at the Rose Garden.

What Trump ultimately decides to announce on tariffs will be “effective immediately,” White House press secretary Karoline Leavitt said Tuesday. That is logistically dubious, but if that is the case, other nations would have little time to negotiate and could respond by immediately imposing countermeasures such as retaliatory tariffs.”

amp.cnn.com

Trump just massively escalated his trade war. Here’s what he announced | CNN Business

President Donald Trump is stepping up his massive global trade war, a move that’s certain to weigh on Americans’ wallets and could push the US economy into a painful recession.
amp.cnn.com amp.cnn.com

Literally governing by vibes and whims.
Click to expand...

That sounds like a solid, thoughtful approach.
 
Yes his big celebration and unveiling of his plan to liberate America from our economic plight on the world stage is scheduled for 4pm.

4pm is quite intetesting, as that is the exact time that our stock markets close. Now, not much will change by Thursday market open at 9:30, but that gives the spin machine time to convince everyone how great things will soon be. Plus March payrolls (jobs) expanded at a rate higher than expected, so diversion and deflection will also happen, but not enough to spoil the most important day in our history.
 
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I reckon my TDS is flaring up again because I fucking hate this dude for playing Russian roulette with the world’s most prosperous economy. It’s been fun watching my hard work, discipline, and diligence in saving, investing, paying down debts, etc. actually pay off in a rewarding way. Guess it was fun while it lasted. Thanks a ton, Trumper fuckwads!
 
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