Economy Trump's April 2nd Tariffs
- Thread starter MrShady
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Nah not a chance lol
They are arguing in favour of depression now, claiming all markets were inflated and the growth that happened under biden was actually a bad thing.
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[QUOTE="Kingz, post: 174990056, member:
how come nobody has an issue with how other countries tariff the US but then cry when Trump simply matches it?
[/QUOTE]
How many times people will have to show that there are no tariffs being matched?
how come nobody has an issue with how other countries tariff the US but then cry when Trump simply matches it?
[/QUOTE]
How many times people will have to show that there are no tariffs being matched?
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I don't care what beheld up i stayed what i supported not what he was presenting.
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Because the United States is a financial behemoth on a scale that has never been seen before. We pay out more in subsidies to multiple economic sectors than most countries entire GDP.
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I thought they closed down Trump University.
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Not as retard as the people who still support Donald Trump.
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Because the US applied a shitload of tariffs to countries which don't have trade barriers with the US, if this was just about reciprocal tariffs it wouldn't be as bad.
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And here I am stuck in Ireland, denied the opportunity to eat corn feed, hormone pumped beef and have to make do with organic, grass feed, pasture raised, steaks instead because thats all I can buy locally.
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WH Deputy Press Secretary Calls Tariffs Just ‘One Economic Tool’
WH Deputy Press Secretary Calls Tariffs Just ‘One Economic Tool’
White House deputy press secretary Kush Desai said Thursday that President Trump is taking a “full-o
townhall.com
White House deputy press secretary Kush Desai said Thursday that President Trump is taking a “full-of-economy approach” to “restore American greatness,” even as others look at tariffs in isolation.
“Tariffs are just one of many economic tools that this president is using to unleash American growth and restore American greatness,” Desai told Newsmax.
“I think there's a tendency to look at tariffs in isolation, but when you look at the fact that this administration is also plowing ahead on deregulation - the previous administration put on trillions of dollars in new regulation on the American economy. That means added compliance costs for our companies and for everyday people,” Desai said. “When you look at what we're doing with energy, where we're unleashing American energy, and that's not just savings at the gas pump, but when you look at something like diesel, almost everything you get at a grocery store or something like that is brought to you in a truck. Those trucks are powered by diesel and, for truckers, usually one-fourth of their operating costs are diesel or fuel costs. So, we're taking a very comprehensive approach here, where our economic agenda is unleashing all these supply-side reforms in addition to tariffs. And it's this full-of-economy approach here to, as the president said, restore American greatness.”
Desai also pushed back on the notion that Trump is hurting the economy with the tariffs.
“We've seen industry leaders, I mean, TSMC [Taiwan Semiconductor Manufacturing Co.], Apple, Hyundai, they're pouring in trillions in historic investment commitments to make in America and that's because of these tariffs and that's because of the deregulation and that's because of the energy being unleashed here," he said.
"So, again, I think there's this tendency in the mainstream media to really just focus on tariffs in isolation without looking at everything else we're doing,” Desai continued, adding that the Department of Government Efficiency is helping to bring down inflation.
“DOGE's going in there cutting spending, and that's going to help lower interest rates at the end of the day as well,” Desai said.
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Insane levels of delusion.WH Deputy Press Secretary Calls Tariffs Just ‘One Economic Tool’
WH Deputy Press Secretary Calls Tariffs Just ‘One Economic Tool’
White House deputy press secretary Kush Desai said Thursday that President Trump is taking a “full-o
White House deputy press secretary Kush Desai said Thursday that President Trump is taking a “full-of-economy approach” to “restore American greatness,” even as others look at tariffs in isolation.
“Tariffs are just one of many economic tools that this president is using to unleash American growth and restore American greatness,” Desai told Newsmax.
“I think there's a tendency to look at tariffs in isolation, but when you look at the fact that this administration is also plowing ahead on deregulation - the previous administration put on trillions of dollars in new regulation on the American economy. That means added compliance costs for our companies and for everyday people,” Desai said. “When you look at what we're doing with energy, where we're unleashing American energy, and that's not just savings at the gas pump, but when you look at something like diesel, almost everything you get at a grocery store or something like that is brought to you in a truck. Those trucks are powered by diesel and, for truckers, usually one-fourth of their operating costs are diesel or fuel costs. So, we're taking a very comprehensive approach here, where our economic agenda is unleashing all these supply-side reforms in addition to tariffs. And it's this full-of-economy approach here to, as the president said, restore American greatness.”
Desai also pushed back on the notion that Trump is hurting the economy with the tariffs.
“We've seen industry leaders, I mean, TSMC [Taiwan Semiconductor Manufacturing Co.], Apple, Hyundai, they're pouring in trillions in historic investment commitments to make in America and that's because of these tariffs and that's because of the deregulation and that's because of the energy being unleashed here," he said.
"So, again, I think there's this tendency in the mainstream media to really just focus on tariffs in isolation without looking at everything else we're doing,” Desai continued, adding that the Department of Government Efficiency is helping to bring down inflation.
“DOGE's going in there cutting spending, and that's going to help lower interest rates at the end of the day as well,” Desai said.
The slashing of regulations is only going to make it easier for corporations and predatory lenders to take advantage of people, that’s what happens every time we do this. That’s why we passed the Dodd-Frank bill that Trump repealed, it’s why we created the Consumer Financial Protection Bureau that Trump obliterated.
Holy Jesus, WAKE. UP.
D
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The US is a massive economy though and looking to carry on playing a role as a superpower plus I suspect events in Ukraine may have brought things into sharper focus, very hard to get exact details but I'v seen it mentioned a lot that the key thing which is giving Putin the upper hand is the US inability to keep pace with artillery munitions supplies. I think you could add as well that the US inability to bring Putin to heel with economic sanctions was also a major failing.
Seems like the Trump "plan" is to try and revert to something more like the Bretton Woods system of the post war era? the threat of tariffs is used to force other countries to potentially link their exchange rates to the dollar in some fashion to keep US exports cheaper?
It does kind of seem like a acknowledgement that the US no longer has the kind of dominance it did post cold war were ability to make endless debt with the dollar as reserve currency(now damaged significantly by seizing Russian money) could support military spending. That instead its going to be more about dividing the world into allies and enemies in a neo cold war with the Chinese.
The difference to me seems to be though that the US doesnt have the goodwill of WW2 this time and Trumps bluntness arguably isnt helping although honestly I tend to think a lot of it is really saying the quiet part loud. Really Trump is puncturing the carefully constructed liberal free market world PR sell, your seeing US dominance being openly played up much more and the EU especially is having to face how weak it is and really has always been,
Besides this as well of course your dealing with "to what end?", the Bretton Woods era USA had some strongly socialist elements to it and the general idea that limiting wealth inequality and strong social mobility was needed to stem off full blown revolution or a "real" socialist coming to power. Trump I suspect though were going to see the "benefits" of this go to the ultra wealthy, most likely in massive tax cuts which will leave everyone else less well off in the face of significant inflation.
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How many times people will have to show that there are no tariffs being matched?
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I just laugh at them and move on.
