Tariffs Catch-All

  • Thread starter Thread starter BubbaOtis
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HandsonFire said:
I’ve seen a few justifying this saying it’s a last ditch effort to save America. Bring back manufacturing, DOGE getting the debt under control. True belief that this is all some master plan and that Trump is trying to save us.
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I so wish these people that believe manufacturing is the countries savior would do a little reading. We're not going back to the industrial revolution with manufacturing.

Automation already reduces the need for manufacturing jobs, just wait for AI driven automation.

At my company the machines already self adjust based on process control parameters and product inspection results. We are eliminating jobs everyday using technology. All that manufacturing plants in the world are not going to change this trend.
 
nycfan said:
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This appears to be playing out as Schumer strategized. He didn’t want to force a shutdown while Trump was at 47% approval. He wants that number to get to below 40% before trying to strong arm Republicans, who won’t feel as vulnerable on their right flank once Trump is in the 30s. And Trump could very well drop to the 30s in the next few weeks now.
 
UNCatTech said:
It would be nice if the Republicans had the country in their best interest and used the 25th amendment to save the country, but we know that's not happening.
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They could just assert their power as an equal branch of government and take the fat bastard to SCOTUS. The closing of entities created by Congress are unconstitutional. The staffing cuts at agencies are unconstitutional. The tariffs are unconstitutional. The deportation flights without due process are unconstitutional.
 
BlooVooDoo said:
They could just assert their power as an equal branch of government and take the fat bastard to SCOTUS. The closing of entities created by Congress are unconstitutional. The staffing cuts at agencies are unconstitutional. The tariffs are unconstitutional. The deportation flights without due process are unconstitutional.
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They're all gutless cowards, the whole lot of them. The few Congressional Republicans who were willing to stand up to Trump have left and/or been driven out of the party, like Romney and Cheney. The remainder - including Murkowski - won't do anything of substance. They're terrified of offending Trump's base and getting themselves primaried by an even more rabid Trumper in 2026 or 2028.
 
Calheel said:
This appears to be playing out as Schumer strategized. He didn’t want to force a shutdown while Trump was at 47% approval. He wants that number to get to below 40% before trying to strong arm Republicans, who won’t feel as vulnerable on their right flank once Trump is in the 30s. And Trump could very well drop to the 30s in the next few weeks now.
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Yeah, that was my thought as well. Discretion is the better part of valor. Don't take the fight Trump wants.
 
nycfan said:

Gavin Newsom angles for California exemptions to Trump trade war​



“California Gov. Gavin Newsom said Friday he is pursuing agreements with other countries to ensure California is exempted from retaliatory tariffs stemming from President Trump's escalating trade war. …”
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Sigh. I guess this is our politics now.

What Newsom is talking about is essentially impossible (how can other countries verify that products are produced in CA, and not just shipped through CA on their way out?). It's also very likely illegal. The Supreme Court held that states and municipalities cannot erect any trade barriers without federal approval -- trade being the jurisdiction of the federal government. While there have surely been no cases on states trying to undo trade barriers, I can't imagine it would come out differently.

I suppose if it is strictly limited to almonds, it might work because a) Trump doesn't give a fuck about almonds; b) the almond producers are very likely Pubs; and c) since almonds are only grown in CA, there's not a question of state of origin.

But why would other countries agree? They don't want to let blue states off the hook. They want blue states to be exceedingly angry. They want blue states to vote out all the mfers in the House who are OK with this tariff bullshit.
 
UNCatTech said:
This will be the best. Prices at Wal-Mart, where 90% of the cult shops, are going to go up dramatically. Good let them understand what they did with their vote.
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You're forgetting that, when in a cult like MAGA, one's brain is programmed such that the pain actually feels good.
 
Jeremy Siegal, a long time market commentator and professor at Wharton, said earlier today -- "Trump tariffs are the biggest policy mistake in 95 years."

I wonder what that mistake 95 years ago would be. Maybe protectionism and tariffs that partly caused the Depression. The timing seems about right.
 
Kraftyheel89 said:
Jeremy Siegal, a long time market commentator and professor at Wharton, said earlier today -- "Trump tariffs are the biggest policy mistake in 95 years."

I wonder what that mistake 95 years ago would be. Maybe protectionism and tariffs that partly caused the Depression. The timing seems about right.
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Smoot-Hawley tariffs were 1930, exactly 95 years ago.
 
nycfan said:


The first Trump Administration caused a lot of US companies to relocate manufacturing to Vietnam (46%) to avoid the first term tariffs on China. Now the second Trump Administration is hammering Vietnam with tariffs because of a trade deficit created by the first Trump Administration.

Anyway, the Trump tariff on Vietnam VASTLY overstates the tariffs on U.S. goods charged by Vietnam, basing the tariff instead on the trade deficit. A ton of electrical spare parts, sneakers, toys and furnishings are manufactured for US-based companies and imported to America are made in Vietnam, so this particular tariff is one that hurts U.S. based companies and U.S. consumers pretty directly.

Background on actual tariffs in Vietnam:

www.vietnam-briefing.com

Understanding the US Tariff List: Implications for Vietnam

As the US plans to impose a 46% tariff rate on Vietnam’s imports, we provide preliminary evaluations of the tariff plan's impact.
www.vietnam-briefing.com www.vietnam-briefing.com
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And Trump finally begins to back off. He will frame it as a great victory but he is backing down.
 
Silence Dogood said:
Trump raises tariffs its the worst thing ever, other countries do it its a non issue. TDS
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No other countries have raised their tariffs outside of the GATT process. Only Trump flagrantly broke the rules. You might have noticed that other countries are making efforts to match the US tariffs dollar-for-dollar. That's because the GATT allows them to retaliate, but retaliatory tariffs can't be punitive. They have to basically zero out the trade impact of the illegal tariffs.

Y'all got to stop with the "the world is taking advantage of us." America is the biggest beneficiary of the global trading system and it's not close.
 
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