International Trump: 25% tariffs on Mexican and Canadian imports will start Tuesday, with ‘no room’ for delay

[ChosenOne]

What is the trade deficit with China? $400B? $300B? That's RIDICULOUS.

Trade deficit with Europe? $250B?

The U.S. trade deficit is completely damaging long term:

• 2021: $858.24 billion
• 2022: $971.12 billion
• 2023: $784.5 billion
• 2024: $918 billion

In fact, the U.S. has a trade deficit with nearly every country in the world and the places where we don't like the UK, UAE, and Australia, our surplus is usually less than $20B.

Your post is by someone that can't think beyond the first move. You're a checkers player... not chess.

I'll just repeat

---------------------------



i think we have to accept this is beyond the comprehension ability of the "poorly educated" and thus even when explained they simply will not be able to understand it.


A trade deficit is ABSOLUTELY NORMAL AND NOTHING TO BE CONCERNED ABOUT, when dealing with countries that have a tiny percent of your population and where that country is resource rich and due to your higher population you NEED those resources.

An example you will not understand is a tiny island nation that exported sugar decades ago. America would take shiploads of sugar, paying significant money as the populace wanted it. You cannot then expect that tiny populace to match dollar for dollar and buy goods from the US. even if the US had goods that island wanted each person would have to make many times the per capita purchases to make up for the much smaller population.


Are you able to comprehend that?

That is a serious question as i imagine it went right over your head.

 

[Source]

Elections have consequences.

 

[Natural Order]

Remember that time about 8 months ago where the USA was going to sell her primary steel industry to Japan?

Now protectionist tariffs? rofl, what a fucking clown show.

 

[Snubnoze707]

I definitely don't agree with Trump on this tariffs shit.

Currently it's fucking me on a big sale. I have materials I NEED to import from Canada because it's a natural resource up there, not here. 25% increase on something that makes up 75% of a blend is a deal killer.

 

[Tabarnakos]

Orangina just threatened to raise the tarrifs in response to our counter tarrifs which Canada will re-raise theirs in response.

This is bad for everybody aside from a certain someone on the other side of the ocean who is probably laughing his ass off watching allies rabidly tearing each other apart.

 

[LeonardoBjj]

Orangina just threatened to raise the tarrifs in response to our counter tarrifs which Canada will re-raise theirs in response.

This is bad for everybody aside from a certain someone on the other side of the ocean who is probably laughing his ass off watching allies rabidly tearing each other apart.

 

[Natural Order]

LOL, hopefully nobody locked into a quote on steel or aluminum to a client......

Orangina just threatened to raise the tarrifs in response to our counter tarrifs which Canada will re-raise theirs in response.

This is bad for everybody aside from a certain someone on the other side of the ocean who is probably laughing his ass off watching allies rabidly tearing each other apart.

This is why most adults in the room understand tariffs to be an antiquated concept to dealing with potential trade imbalances in the modern economy. It's child like bullshit that just ends in tit for tat, ad infinitum, until all trade is nixed between two nations.

The Dumper doesn't understand the idea of consumer and producing nations and believes one is propping the other up. The guy is a full fledged retard.

 

[Tabarnakos]

I'm drinking one right now and thought it was very fitting haha

 

[Rod1]

With trade imbalances all over the place, a massive National Debt, and recurring Budget Deficit... it's time to change things up.

We already have big companies telling us they will move operations here and invest in the U.S. because of the tariffs, so this may do much better than I thought. I've never been a straight up "tariff" fan, but I am a fan of "mirror tariffs" to induce fair dealing.

Trump broke the minds of so many people, right wingers being more economically stupid than Bernie Bros.

And they had the nerve to actually insult progressives over it.

 

[Phisher]

For all of the talk about Biden's senility, people were completely ignoring the fact that Trump is nearly as old, much stupider and surrounded by fucking lunatics.

 

[PRESIDENT TRUMP]

Lol @Whippy McGee copy and pasting numbers he has absolutely zero understanding of.

mUH tRaiD dEafAsiT bAaad

Lots of legitimate retards exposing the legitimacy of their retardation in this thread.

 

[Rod1]

LOL, hopefully nobody locked into a quote on steel or aluminum to a client......






This is why most adults in the room understand tariffs to be an antiquated concept to dealing with potential trade imbalances in the modern economy. It's child like bullshit that just ends in tit for tat, ad infinitum, until all trade is nixed between two nations.

The Dumper doesn't understand the idea of consumer and producing nations and believes one is propping the other up. The guy is a full fledged retard.

Not to mention that trade is ultimately paid for in fiat currency, so even if tariffs had a purpose in the older days (to avoid monetary crisis caused by the outflow of non-renewable forms of commodity currency like gold and silver) today international trade is carried in pretend money whose value can ultimately only be redeemed on the origin country.

Even if the US has a trade imbalance its ultimately made up in the form of cash inflows into the US similar to remittances.

 

[Rod1]

For all of the talk about Biden's senility, people were completely ignoring the fact that Trump is nearly as old, much stupider and surrounding by fucking lunatics.

They would mock Bernie bros over Bernie's economic ideas, but Bernie at least believes tariffs should only be applied to poor countries because low wages.

 

[Seano]

Are you capable of understanding an explanation?

You buy a car that costs you $50k that comes in part or whole from outside the US before the final product is sold to you by a US company and if a tariff of 25% is put on it, the company who sells it to you will pass the extra 25% charge (all or most) on to you, the US consumer to pay.

I was being sarcastic as the tariffs actually seem to be working. Multiple companies have made multi billion dollar investments because of them. People are concerned about prices of foreign goods and thats supposed to be precisely the point. To get people to buy domestically and to get companies to make products here.

 

[Seano]

For all of the talk about Biden's senility, people were completely ignoring the fact that Trump is nearly as old, much stupider and surrounded by fucking lunatics.

I've literally never heard anyone question Sanders age. I've heard people question his effectiveness and record in public service.

 

[Rational Poster]

I definitely don't agree with Trump on this tariffs shit.

Currently it's fucking me on a big sale. I have materials I NEED to import from Canada because it's a natural resource up there, not here. 25% increase on something that makes up 75% of a blend is a deal killer.

lmao just make it here

 

[BEAST]

I'll just repeat

---------------------------



i think we have to accept this is beyond the comprehension ability of the "poorly educated" and thus even when explained they simply will not be able to understand it.


A trade deficit is ABSOLUTELY NORMAL AND NOTHING TO BE CONCERNED ABOUT, when dealing with countries that have a tiny percent of your population and where that country is resource rich and due to your higher population you NEED those resources.

An example you will not understand is a tiny island nation that exported sugar decades ago. America would take shiploads of sugar, paying significant money as the populace wanted it. You cannot then expect that tiny populace to match dollar for dollar and buy goods from the US. even if the US had goods that island wanted each person would have to make many times the per capita purchases to make up for the much smaller population.


Are you able to comprehend that?

That is a serious question as i imagine it went right over your head.

When you're retarded enough to vote for Trump, you're gonna need a visual explanation for those people, because words are hard.

 

[Seano]

Trump complains about Canada — but new data shows spike in U.S. drugs and guns coming north​

https://www.cbc.ca/news/politics/trump-complaints-drugs-guns-border-1.7457605

Fentanyl comes from Chy-Na, through Mexico and Canada and distributed throughout North America.

Sounds like we need better security at the borders and ports of entry , no?

 

[fedoriswar37]

They would mock Bernie bros over Bernie's economic ideas, but Bernie at least believes tariffs should only be applied to poor countries because low wages.

Nobody gives a flying fuck about Bernie anymore. He could have nipped this in the butt in 2016 but got in line for Democrat establishment like the coward he is.

 

[LeonardoBjj]

I'm drinking one right now and thought it was very fitting haha

- I thought it's was a play with Trump shade and vagina