Trump announces 25% tariff on all imported cars and car parts

[diamenz]

But if these tariffs are retaliatory to what the other countries are doing to us, then i'm fine with it.

but are they? i posted an article regarding this and you dismissed it out of hand.

[TeflonDonTrump]

but are they? i posted an article regarding this and you dismissed it out of hand.

I have no knowledge of it so I don't comment.

[diamenz]

I have no knowledge of it so I don't comment.

because it wouldn't serve your interests to do so, am i right? let's be honest here.

[TheMan]

I don't make two contradictory points and support 2 different positions.

You can do two things at the same time, it's time to tax the rich, they're paying less and less taxes...and if you want American corporations to bring back their jobs to the US, tax incentives, guaranteed loans and grants, as long as they pay fair wages to Americans. It's not rocket science, retard.

[warriorfan]

You can do two things at the same time, it's time to tax the rich, they're paying less and less taxes...and if you want American corporations to bring back their jobs to the US, tax incentives, guaranteed loans and grants, as long as they pay fair wages to Americans. It's not rocket science, retard.

You can tax the rich and give the rich tax cuts at the same time.

Beaner logic my friends. This is why they specialize in pushing around carts with unhealthy food and drywall

[Axe]

^^Hey, you shouldn't be talking about who pays their taxes to whom just because you know that everyone knows you're so freaking broke.

[Overdrive]

No one wants to live in europe and beg america to protect them so they can have shitty healthcare for cheap

https://www.newsweek.com/rankings/wo...hospitals-2025

14 of the top 30 are in Europe only 8 in the US. Start educating yourself.

[Chick Stern]

[TheMan]

You can tax the rich and give the rich tax cuts at the same time.

Beaner logic my friends. This is why they specialize in pushing around carts with unhealthy food and drywall

Tax incentives to corporations based on coming back and having union jobs you absolute moron.

[ZenMaster]

Tax incentives to corporations based on coming back and having union jobs you absolute moron.

Not having to pay tariffs by producing in America is a tax incentive.

[TheMan]

Not having to pay tariffs by producing in America is a tax incentive.

Not really, you need a strategy behind it, tax incentives, grants, loan guarantees like the CHIPs Act and use tariffs like a surgical knife and not a blunt hacksaw and target specific industries and give industry time. It was decades in the making of manufacturers leaving the US, it's not a matter of months nor a couple of years.

You don't start a heavy handed trade war with the whole world at once, it's just plain stupid.

If the whole world wanted to, they could really screw the US by heavily tariffing all US exports which would lead to massive job loss in the US. Every economist out there not part of the MAGA cult says this is NOT the way to bring jobs back, this will only lead to worldwide economic crash if Trump doesn't reverse course.

This will go either of two ways...Trump pauses/stops this nonsense because enough billionaires got in his ear, he'll claim a bunch of countries want to renegotiate and call it a win or he can't control his ego and he just doesn't care about the damage to the average American family and he'll continue until we have a depression worse than what we have ever seen in our lifetime...and I'm not talking only about the US, this will be felt everywhere.

[ZenMaster]

Not really, you need a strategy behind it and go at it with a surgical knife and not a blunt hacksaw. If the whole world wanted to, they could really screw the US by heavily tariffing all US exports which would lead to massive job loss in the US. Every economist out of the MAGA cult says this is NOT the way to bring jobs back, this will only lead to worldwide economic crash if Trump doesn't reverse course.

Of course there's a strategy behind it, though you or the economists who's all read the same books for the last 40 years might not agree with it.

Put pressure on other governments, giving them incentive to negotiate new trade deal that are better for the US than the ones in the past.
Put pressure on individual companies and give incentive to bring production back to the US.

Maybe there is a better strategy, but I certainly don't agree that the people with the same ideas as the ones who's been in charge for the last many years are the ones who have it, wouldn't be in this mess to begin with if that was the case.

[TheMan]

Of course there's a strategy behind it, though you or the economists who's all read the same books for the last 40 years might not agree with it.

Put pressure on other governments, giving them incentive to negotiate new trade deal that are better for the US than the ones in the past.
Put pressure on individual companies and give incentive to bring production back to the US.

Maybe there is a better strategy, but I certainly don't agree that the people with the same ideas as the ones who's been in charge for the last many years are the ones who have it, wouldn't be in this mess to begin with if that was the case.

You also know that trade deficits doesn't mean a country is screwing us right? I do agree that it was bad for the US to lose many manufacturing jobs to other countries but that was pushed by the free trade neoliberal conservatives in the GOP. As a left leaning on economics pro union Democrat (I no longer identify as a Democrat because they're basically GOP lite), I never liked seeing so many manufacturers leaving to South East Asia to pay slave wages while getting insanely rich, I knew it wasn't good for US families because of lost job opportunities, though the trade off was we got cheaper goods. Back to my main point, trade deficits aren't necessarily a bad thing, all that means is that we keep buying shit we want. I run a family business, I have a trade deficit with a family run coffee and donut shop on my corner, they have never bought anything I sell yet I buy my coffee at their shop every morning, they aren't screwing me, I love their coffee, I have the money so I buy it Now if a country is tariffing an American product, then by all means, do a retaliatory tariff, but if they don't and you still have a budget deficit, all it means is that that country has goods you want, they aren't screwing us over but Trump doesn't seem to be able to grasp this simple concept.

[ZenMaster]

You also know that trade deficits doesn't mean a country is screwing us right? I do agree that it was bad for the US to lose many manufacturing jobs to other countries but that was pushed by the free trade neoliberal conservatives in the GOP. As a left leaning on economics pro union Democrat (I no longer identify as a Democrat because they're basically GOP lite), I never liked seeing so many manufacturers leaving to South East Asia to pay slave wages while getting insanely rich, I knew it wasn't good for US families because of lost job opportunities, though the trade off was we got cheaper goods. Back to my main point, trade deficits aren't necessarily a bad thing, all that means is that we keep buying shit we want. I run a family business, I have a trade deficit with a family run coffee and donut shop on my corner, they have never bought anything I sell yet I buy my coffee at their shop every morning, they aren't screwing me, I love their coffee, I have the money so I buy it Now if a country is tariffing an American product, then by all means, do a retaliatory tariff, but if they don't and you still have a budget deficit, all it means is that that country has goods you want, they aren't screwing us over but Trump doesn't seem to be able to grasp this simple concept.

But which countries doesn't have tariffs on US products? Pretty sure they all do, except for Israel last I heard.
Even on small stuff, like if you're an American business and want to sell a pair of $150 shoes to a person in Scandinavia, there's a straight 20% tariff slapped on your sales price, on top of their regular VAT sales tax, only because you're selling them from the US. The customer simply won't get his product released from customs there unless he or she pays the extra fee directly to their government.

Good example of very real B2B tariff differences here:

[diamenz]

Put pressure on other governments, giving them incentive to negotiate new trade deal that are better for the US than the ones in the past.
Put pressure on individual companies and give incentive to bring production back to the US.

which one is it though? is trump in this for the short or long term? i don't think he's made that clear.

trump could get some quick deals, drop the tariffs and use them to piggyback on to the trillions in corporate tax cuts. it's either that or he truly believes in bringing back american manufacturing and is going to ride this until the end.

knowing trump and how much of a 'wins' focused and lack of ideology guy that he is, it's probably the former.