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

[HereticBD]

Yeah, they are. Tariffs are to level the playing field.

Which was already worked out in the USMCA. These tariffs are far different, and basically a violation of that trade agreement. That's why he needs an excuse like "fentanyl" to impose them, otherwise it would have to go through congress. Can't speak for Mexico or China, but fentanyl is not flooding the US through Canada.

It's a very dumb move, bruh. No other way to slice it. That's why his commerce secretary is already talking about "meeting in the middle" a whole 14 hours later, and begging our Premiere not to cut off electricity to three states in retaliation. And that's just little old us. Still have CHINA, Mexico and possibly the entirety of the EU fucking your economy up over this pointless shit.

Hopefully he comes to his senses sooner, rather than later. This doesn't help anyone.

 

[Squintz]

US tariffs have been the lowest in US history for a long time. They've been creeping down for a long time:

Offsetting tariffs with income tax reductions is a smart move, income tax is essentially a negative tax on people who work, work longer, work better and more productive, etc. It actually discourages working more and earning more.

Levying tariffs instead offers more production and investment in America. Because our consumer market is so heavily sought after many companies will be forced to on-shore or face grave economic consequences. We are powerful enough as a consumer market to persuade companies to on-shore manufacturing, especially given China's current economic hardships. There are also companies that are moving a lot of manufacturing to Mexico, whether that's from America for the cheaper labour or from China to avoid paying tariffs levied on China.

Obviously it's a balance with protectionism and we will see how it plays out, but all in all I believe these tariffs may pay off in terms of on-shoring companies (as we are seeing hundreds of billions of investments trying to avoid tariffs) and increased revenues from them. If we offset the increase in consumer prices with lowered income taxes, it should also encourage people to produce more as they will be encouraged to work more. On top of that, if Mexico and Canada actually address border security then we also get border security and the tariffs gone on top.

Mexico at the very least deserves a tariff just for how they have handled the border with US. The fact that we let that go on for so long with no repercussions is a disgrace.

The incredible idea behind Trump tariffs: No income tax - The Economic Times

US President Donald Trump proposes replacing income tax with tariffs on imports from countries like Mexico, Canada, and China. Whilst he aims to abolish the Internal Revenue Service and establish the External Revenue Service, experts deem this unrealistic due to the significantly higher...

m.economictimes.com

So Trump is trying to reinvent a 100+ year old wheel (federal income tax system) in order to go back to 1870-1913 America?

 

[vision1]

Can someone tell me what they mean by “Level the playing field”?

 

[evergreenrider]

The opioid crisis started with China and has been allowed to fester by all of North America.

How the fuck did i miss this. Purdue pharmaceutical, the Sachlers, McKesson, Cardinal Health, and AmerisourceBergen. Damned those Chinese institutions we allowed to operate within our country. The way they infiltrated doctor offices, pharmaceutical sales teams, distributors, and manufacturers is nothing short of a declaration of war.

 

[Voodoo_Child906]

Can someone tell me what they mean by “Level the playing field”?

American manufacturing is at a disadvantage because It's cheaper to manufacture in Canada and Mexico. Tariffs will increase the price of Canadian and Mexican products to make up for their cheaper currency, labor costs and utilities. American companies also have to pay healthcare premiums for their workers because they don't have universal healthcare.

 

[Scheme]

The incredible idea behind Trump tariffs: No income tax - The Economic Times

US President Donald Trump proposes replacing income tax with tariffs on imports from countries like Mexico, Canada, and China. Whilst he aims to abolish the Internal Revenue Service and establish the External Revenue Service, experts deem this unrealistic due to the significantly higher...

m.economictimes.com

So Trump is trying to reinvent a 100+ year old wheel (federal income tax system) in order to go back to 1870-1913 America?

I know he's talked about it but I don't think he's laid out any sort of legislation behind it. I would wait until I see some details on how that would look versus some off the cuff remarks.

But my one main issue with individual income tax is that it taxes something that is good. Making income means you produced something that was useful to someone else. Making more income means you produced more stuff that people wanted. It feels wrong to me that we levy a tax against something productive versus something like excise taxes. I understand that we've structured our current economic system such that we heavily rely on proceeds from individual income taxes, but if there could be another way that's worked historically then perhaps it can be explored.

I mean it's the same thing as if you were in 1913 and the income tax was just introduced. A lot of people were outraged and thought it wouldn't work as well, even when back then it was only 3-5%. But the government explored the idea and now we have what we have today.

 

[Seano]

Which was already worked out in the USMCA. These tariffs are far different, and basically a violation of that trade agreement. That's why he needs an excuse like "fentanyl" to impose them, otherwise it would have to go through congress. Can't speak for Mexico or China, but fentanyl is not flooding the US through Canada.

It's a very dumb move, bruh. No other way to slice it. That's why his commerce secretary is already talking about "meeting in the middle" a whole 14 hours later, and begging our Premiere not to cut off electricity to three states in retaliation. And that's just little old us. Still have CHINA, Mexico and possibly the entirety of the EU fucking your economy up over this pointless shit.

Hopefully he comes to his senses sooner, rather than later. This doesn't help anyone.

Like I said, Fentanyl is a North American issue. Not just a USA issue. There are fentanyl seizures at the border, its just comparing them to Mexico makes it seem insignificant. And, yes, I'm sure its going the other way as well. Its killing a lot of people but Americans disproportionately. We can't just continue to ignore it. Its a problem that will fester for your country eventually.

I don't know enough about trade with Canada to offer much opinion on the tariffs. Mexico isa different story. That country rapes us.

 

[AdamWarlock]

fentanyl is a drug addicts problem. US is full of addicts
don't want to die? stop doing drugs
ive been an addict for 10 years and recently got sober so i know this too well. addicts will blame the world for their own shortcomings.
the fact is crackheads will continue shoving powder up their nose even at the cost of death
and US government is trying the impossible task of stopping the drug dealers instead of sending their kids to rehab. which only mask the problem.

 

[Whippy McGee]

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.

Apparently, I know more about it than you retards.

It's fun to see you choke on the actual numbers I provided.

 

[ThaiSexPills]

Canada is a country full of morons who continually ignore the economic potential of this country for some reason that is beyond me.

They’re whining about trump tarifs and are totally silent about the BS carbon tax going up another 20% next month. They’re totally silent about 10 years of a totally stagnant economy, a standard of living that plummeted, out of control immigration, sky high taxes and a broken healthcare system. They’re silent as the federal government allowed our dollar to tank crushing our buying power.

Our own worst enemy is ourselves. I hope this ends soon without too much damage. Canadians are poor and we keep voting to keep the boot on our necks. What it takes to invest in and run a business in this place destroys it for all of us. It’s why our economy is unproductive

 

[evergreenrider]

fentanyl is a drug addicts problem. US is full of addicts
don't want to die? stop doing drugs
ive been an addict for 10 years and recently got sober so i know this too well. addicts will blame the world for their own shortcomings.
the fact is crackheads will continue shoving powder up their nose even at the cost of death
and US government is trying the impossible task of stopping the drug dealers instead of sending their kids to rehab. which only mask the problem.

Crackheads smoke rock, they don't powder their nose. While the approach to addiction by the state is flawed and not designed to solve anything. I would think a former addict as yourself, would know there's many contributing factors to the causes of addiction. And as such can't be treated with sweeping generalities. You should also know, it creates more problems for more people then just the user. Saying it's an addicts problem kind of disregards family, friends, communities, etc that are negativity affected

 

[Strychnine]

Make sure you save wherever you can...




From this point on, it only gets rougher, and it didn't have to go this way.

 

[sickc0d3r]

Nope. But the way you idiots are over reacting is a conditioned response.

Normal people are conditioned to respond when our president does stupid shit. Yes, I suppose that’s possible.

 

[AdamWarlock]

Crackheads smoke rock, they don't powder their nose. While the approach to addiction by the state is flawed and not designed to solve anything. I would think a former addict as yourself, would know there's many contributing factors to the causes of addiction. And as such can't be treated with sweeping generalities. You should also know, it creates more problems for more people then just the user. Saying it's an addicts problem kind of disregards family, friends, communities, etc that are negativity affected

lol no shit? crackheads is used as a broad term here. whether you take pills, snort lines or smoke substances, you can be refer as crackheads, junkies, fiends whatever etc. semantics
as for the rest of your post, typical victim mindset. everybody is responsible for their own action.

 

[evergreenrider]

lol no shit? crackheads is used as a broad term here. whether you take pills, snort lines or smoke substances, you can be refer as crackheads, junkies, fiends whatever etc. semantics
as for the rest of your post, typical victim mindset. everybody is responsible for their own action.

Your claims of former addiction are dubious at best.

 

[AdamWarlock]

Your claims of former addiction are dubious at best.

this coming from a retard who thinks crackheads only smoke crack and don't do other drugs as well

 

[fedoriswar37]

Theres also the dosage frequency issue of fentanyl which, imo, is the most insidious aspect of it. With standard opiates, withdrawal symptoms generally start setting in 24-72 hrs after last dosage. With fentanyl, withdrawals start after mere hours of last dose. The cycle it creates is hehell.

Very good point. I hear the withdrawls are like the feeling of dying . I cant imagine .

 

[deviake]

Which was already worked out in the USMCA. These tariffs are far different, and basically a violation of that trade agreement. That's why he needs an excuse like "fentanyl" to impose them, otherwise it would have to go through congress. Can't speak for Mexico or China, but fentanyl is not flooding the US through Canada.

It's a very dumb move, bruh. No other way to slice it. That's why his commerce secretary is already talking about "meeting in the middle" a whole 14 hours later, and begging our Premiere not to cut off electricity to three states in retaliation. And that's just little old us. Still have CHINA, Mexico and possibly the entirety of the EU fucking your economy up over this pointless shit.

Hopefully he comes to his senses sooner, rather than later. This doesn't help anyone.

Oh hey wassup 51st. Thank you for supporting Trump.

Like I said, Fentanyl is a North American issue. Not just a USA issue. There are fentanyl seizures at the border, its just comparing them to Mexico makes it seem insignificant. And, yes, I'm sure its going the other way as well. Its killing a lot of people but Americans disproportionately. We can't just continue to ignore it. Its a problem that will fester for your country eventually.

I don't know enough about trade with Canada to offer much opinion on the tariffs. Mexico isa different story. That country rapes us.

Canada is a country full of morons who continually ignore the economic potential of this country for some reason that is beyond me.

They’re whining about trump tarifs and are totally silent about the BS carbon tax going up another 20% next month. They’re totally silent about 10 years of a totally stagnant economy, a standard of living that plummeted, out of control immigration, sky high taxes and a broken healthcare system. They’re silent as the federal government allowed our dollar to tank crushing our buying power.

Our own worst enemy is ourselves. I hope this ends soon without too much damage. Canadians are poor and we keep voting to keep the boot on our necks. What it takes to invest in and run a business in this place destroys it for all of us. It’s why our economy is unproductive

Right??

 

[Rod1]

The USA has been eating shit for 30 years now. We've lost everything for the betterment of everyone else.

Ok, if you are a true believer in economic voodoo i can't help you

 

[Rod1]

Plenty of companies use state funding, that simply isn't an answer.

Commie states or states with a lot of State planning create a lot of times cases of overproduction, they tend to proceed to try and dump all the excess production on other countries fucking over established industries not due to an inherent comparative advantage.

EU already has tariffs on America buddy. And you are changing the subject again. You claimed that protecting national industries via tariffs was debunked. Now you suddenly found a use case for it! Maybe if you think harder you'll even come up with some more use cases for tariffs! I believe in you.

For technical reasons, there is not one “absolute” figure for the average tariffs on EU-US trade, as this calculation can be done in a variety of ways which produce quite varied results. Nevertheless, considering the actual trade in goods between the EU and US, in practice the average tariff rate on both sides is approximately 1%. In 2023, the US collected approximately €7 billion of tariffs on EU exports, and the EU collected approximately €3 billion on US exports.

Questions and Answers on the US reciprocal tariff policy

What is the current value of EU-US trade and investment? Total bilateral trade in goods reached €851 billion in 2023. The EU exported €503 billion of goods to the US market, while importing €347 bill

ec.europa.eu

US collects more tariffs on EU exports than viceversa, and both sides for the most part have free trade.

Why is our "close trade partner" letting millions of people through our border? And the other one hundreds of thousands? Not to mention the illicit drugs, human trafficking, gang members, etc. Maybe they should have to pay for their dereliction of border duties.

That's another point entirely, if you think tariffs can be used as soft power that's another topic entirely, but you were arguing that tariffs are actually good for the economy.

Sad that you have to resort to insults instead of addressing my actual points. Probably because you don't have the ability to.

Not really insults, merely that your points have been argued to death and not really what happens in practice.