Jingthing

Sadly, too late for that. He already has.

Recession? Little doubt. The really serious question is whether Donald Trump is leading us into a depression.

Don't be so flippin' dense! I clearly explained what I meant MULTIPLE TIMES. Don't play act that you don't get it. You don't really want to engage the topic here. You don't like the topic here so all you've got is a personal attack on me. Obnoxious noise really.

Of course I think most products contain international parts regardless of where assembled. Was globalism so bad really? Note this podcast that asserts that even if the supposed Trump goal of bringing back a golden age of manufacturing jobs will only bring back an additional 2 percent and that's best case scenario

Well we do know that Donald Trump has committed the most momentous own goal against his own country ever. The damage to the American brand is permanent. OK, I'm now an older gentleman but if I was a young American I would seriously be looking into expatriating to a nation with a sane government to build my future. The USA is now a quicksand country. Empires come. Empites go. But they don't have to go so rapidly by intentional national SUICIDE.

That would have been a meaningless pablum question. In a sleazy manner you take snippets out to distort the context. We already know things about what's happening and I appropriately framed the question I was actually asking. Trump announced massive new tariffs globally with Thailand and Vietnam used in the sneaker example being among the hardest hit. We know for a fact how tariffs work even if the destructive narcissist in the white house doesn't. To wit -- Tariffs have nothing to do with trade imbalances Tariffs are not paid by the tariffed nation. Instead they are paid by the importer who then needs to pass on that extra cost to consumers. (In effect a TAX on consumers.) So back to the sneaker example. When the new Trump Tax Tariffs hit Vietnam sneakers imported into the US will need to cost more to cover that new large cost factor. US consumers pay that. The same sneakers imported to Thailand from Vietnam are of course not subject to Trump Tax Tariffs. So an American expat in Thailand in effect gets a "tax break" compared to US based consumers on the purchase of the same sneakers. Obviously there are many complex cost factors that go into retail sales, but the sneaker example is used here to focus on the Trump Tax Tariff factor alone.

Stop trolling. Read the OP.

He's attacking American consumers with massive tax spikes.

Did you even read the OP?

Pathetic.

Your post is insane. Obviously when the Trump Tax tariffs come into effect against Vietnam sneakers imported to the US are going to need to cost much more to absorb the tariff. Yes some total maga cult morons think the foreign country pays the tariffs. Nope. The US importer pays and passes the cost to consumers. So basically a new tax. DUH.

More like faking not understanding. Now that's trolling!

Wrong.