Trell

Trell

Audioholic Spartan
It's too late now, but the protection should have included US workers. Free trade is great, but this country has far too many people who wanted more, always more, MORE, MORE! and when they got is, they wanted more money because the cost of US-made goods climbed due to high wages that couldn't be controlled, often because of strongarm tactics of the unions. I'm not saying that unions are always bad, but as I have posted before, they increase costs without adding value for the user very often. They priced union workers out of jobs because it was no longer possible to compete with foreign manufacturers and they need to own that fact. Just saying "But it's better because they're in a union" is BS- I have worked with and known a lot of union workers and they certainly didn't do their jobs better- they were usually more concerned with their snack/lunch/snack breaks coming on time (Yes, those are mandatory in many jobs), hating scabs (non-union workers on the same jobsite) and striking for higher pay & benefits, intentionally hurting their employers.

The cost of farming in the US is higher than in other countries for these reasons, so it's impossible to compete on a 1:1 basis.

WRT lumber- the US has plenty, but the environmental groups won't allow harvesting it. With sensible management, we wouldn't need as much from other countries, but there aren't a lot of alternative materials that won't increase the cost of a project.
Blame it on the unions for working for living wages while excoriating workers for wanting inexpensive goods when most households needs two incomes and experience declining real wages. The Nordic countries, or EU for that matter, are very much more unionized than US and we do have a pretty good life overall with longer life expectancy.

But hey, I'm sure US sweatshops producing $1 T-shirts will bring prosperity and middle-class lifestyle for you all. ;)
 
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M

Mr._Clark

Audioholic Samurai
The escalation continues.

>>>President Trump on Monday threatened to impose a 50 percent tariff on imports from China, a massive escalation of a potential trade war between the world’s two largest economies. . . .

“Therefore, if China does not withdraw its 34% increase above their already long term trading abuses by tomorrow, April 8th, 2025, the United States will impose ADDITIONAL Tariffs on China of 50%, effective April 9th,” Trump added. “Additionally, all talks with China concerning their requested meetings with us will be terminated!” <<<

https://thehill.com/homenews/administration/5235955-trump-threatens-50-percent-tariff-china/

Trump my be overestimating the strength of his bargaining position with China.

>>>“Chinese exports into the US are about 2% of its overall economic output, and so Beijing will think that is manageable,” Beddor said.

US imports of Chinese goods reached $438.9bn in 2024, or 2.3% of China’s $19tn economy, while the trade surplus hit $295bn, a 5.8% increase from 2023.<<<

“It is a much bigger problem when Trump’s tariffs create a global downturn. That is a different order of magnitude,” Beddor said. “And for China, if there is a global slowdown, there is nowhere for Beijing to go other than to the Chinese consumer.”<<< (emphasis added)

.

China might see this as a golden opportunity to weaken the U.S. and gain a relative advantage. Even if there is a global downturn, China might view it as harming the U.S. more than China.

This is of course speculative on my part. I certainly do not have any inside knowledge when it comes to Xi's thinking on the trade war.
 
Eppie

Eppie

Audioholic Ninja
In the interest of presenting something on the other side of the spectrum, this video examines possible motives and economic reasoning for U.S. tariffs (besides the Trump propaganda). It certainly is a pretty big gamble if this is what Trump's advisors hope to achieve.

 
H

highfigh

Seriously, I have no life.
China might see this as a golden opportunity to weaken the U.S. and gain a relative advantage. Even if there is a global downturn, China might view it as harming the U.S. more than China.
Let's hope it bites China on the ass.
 
mtrycrafts

mtrycrafts

Seriously, I have no life.
In the interest of presenting something on the other side of the spectrum, this video examines possible motives and economic reasoning for U.S. tariffs (besides the Trump propaganda). It certainly is a pretty big gamble if this is what Trump's advisors hope to achieve.

And there is no guarantee nor one that you can make a claim on a guaranty for a make good on what was lost. :eek:
 
M

Mr._Clark

Audioholic Samurai
Trump is threatening to veto a bill that would limit his tariff powers.

>>>“If S. 1272 were presented to the President, he would veto the bill,” the White House budget office warned.<<<


Meanwhile, Musk and Navarro are now publicly feuding over tariffs. Apparently, assembling cars in the U.S. is not sufficient in Bizarro Navarro world.

>>>Peter Navarro, President Donald Trump's top trade adviser, on Monday dismissed tech-billionaire Elon Musk's push for "zero tariffs" between the United States and Europe, calling the Tesla CEO a "car assembler" reliant on parts from other countries. . . . Navarro . . . told CNBC . . . [Musk's] comments on tariffs were not surprising given his role as "car person," . . . <<<


Perhaps the administration will start tracking individual molecules of air to make sure that only air from the U.S. is used in manufacturing.
 
mtrycrafts

mtrycrafts

Seriously, I have no life.
Trump is threatening to veto a bill that would limit his tariff powers.

>>>“If S. 1272 were presented to the President, he would veto the bill,” the White House budget office warned.<<<


Meanwhile, Musk and Navarro are now publicly feuding over tariffs. Apparently, assembling cars in the U.S. is not sufficient in Bizarro Navarro world.

>>>Peter Navarro, President Donald Trump's top trade adviser, on Monday dismissed tech-billionaire Elon Musk's push for "zero tariffs" between the United States and Europe, calling the Tesla CEO a "car assembler" reliant on parts from other countries. . . . Navarro . . . told CNBC . . . [Musk's] comments on tariffs were not surprising given his role as "car person," . . . <<<


Perhaps the administration will start tracking individual molecules of air to make sure that only air from the U.S. is used in manufacturing.
He is trying to tariff air from afar, non- American. :D :D :D
 
M

Mr._Clark

Audioholic Samurai
He is trying to tariff air from afar, non- American. :D :D :D
Air in tires and airbags in cars might be an issue!

In reality, air bags use NaN3 and KNO3. Jokes aside, I'm guessing the administration would slap a tariff on NaN3 and KNO3 if it was produced in another country. On the other hand, it's clear that the administration hasn't thought through the complexity involved in trying to track every last component of every last item.
 
mtrycrafts

mtrycrafts

Seriously, I have no life.
.... On the other hand, it's clear that the administration hasn't thought through the complexity involved in trying to track every last component of every last item.
It is obvious that they don't have the mental capacity for that, nor the personnel, not when that 30 something 9/11 conspiracy nut job is influential and successful in firing talents in the cyber community or where that general was and is, along with others there.
No words can explain this sh...
 
D

Dude#1279435

Audioholic Warlord
In the interest of presenting something on the other side of the spectrum, this video examines possible motives and economic reasoning for U.S. tariffs (besides the Trump propaganda). It certainly is a pretty big gamble if this is what Trump's advisors hope to achieve.

Read the comments section.
 
lovinthehd

lovinthehd

Audioholic Jedi
The way drumphy is determining punitive tariff rates is crazy. He derives it from a calculation based on imbalance of trade/deficit spec, and blames it solely on the other country when it is the citizen consumer that is largely responsible (and our consumer mindset). As usual he spreads misinformation as a basis for his actions.
 
D

dlaloum

Senior Audioholic
Air in tires and airbags in cars might be an issue!

In reality, air bags use NaN3 and KNO3. Jokes aside, I'm guessing the administration would slap a tariff on NaN3 and KNO3 if it was produced in another country. On the other hand, it's clear that the administration hasn't thought through the complexity involved in trying to track every last component of every last item.
I believe almost all airbags are made in either India or Mexico?
 
Trell

Trell

Audioholic Spartan
The way drumphy is determining punitive tariff rates is crazy. He derives it from a calculation based on imbalance of trade/deficit spec, and blames it solely on the other country when it is the citizen consumer that is largely responsible (and our consumer mindset). As usual he spreads misinformation as a basis for his actions.
Malignant stupidity.
 
D

Dude#1279435

Audioholic Warlord
Someone made the point tariffs protect existing industries. They do not create new ones. Tariff walls decrease competition. Therefore prices go up. If you want to centralize industry in America, it takes time. How you do this with a higher standard of living I dunno.
 
D

Dude#1279435

Audioholic Warlord
From YT hahaha....

70 plus countries have already come to the table to drop all tariffs entirely. Cost of everything will start to drop tremendously --ConspiroTruth
 

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