Would Donald Trump’s tariffs hurt US consumers?

[frank83628]

A thread started by an Australian about effecting US citizens... AKA, I have the acronym syndrome, but not an American, so I don't really have a place in this forum, but I hate Trump because I read MSM news and they made my opinion for me.

Boo too, tantrum thrown, 😭😭

Edited 5 hours ago by frank83628

[ericthai]

 

12 hours ago, FritsSikkink said:

You have no clue, it doesn't benefit the consumer, it benefits USA companies who make the same products.

I am not left either.

You're missing the point. These companies employee people, so they create jobs!

You cant be a consumer if you dont have a job to make money to buy the products.

 

Tariffs aren't about prices, it's about jobs that make those products! Why do you think China has expanded so much, companies building factories in China and creating jobs.  A lot of good paying jobs have left USA.  

[Patong2021]

10 hours ago, Yagoda said:

Sure. 

 

Leftism is an ideology which has as its underlying philosophy the good of the collective in a utopian framework based on a (false) determination of human nature, with such Utopia to be achieved by the destruction of those who oppose it. It has been called Bolshevism, Menshivism, National Socialism, Marxism, Leninism, Trotkyism Stalinism, and  Fascism and operates under the umbrella term of Socialism.

 

is characterized by being revolutionary in nature with the movement led by a hard core cadre who are convinced of the scientific basis of their philosophy that will lead mankind into the future. Cult like, the righteousness of their cause makes those who oppose it  the enemy who must be destroyed. Democracy is incompatible with Socialism, since Democracy requires free thought.

 

So how is that hate? Pointing out that the philosophy adhered to by so many leaves bodies in ditches?

 

 

The assumption that tariffs will bring back manufacturing to the USA is  unfounded.  Supply chains and logistics, access to  skilled and cost effective  labour,  and access to markets are the drivers of manufacturing location. Consumers forced the relocation of consumer goods to low cost countries because consumers refused to pay $25 for an item that they felt should cost $10. Manufacturers liked the profit margins. The USA did not have workers willing to work low wage manufacturing jobs.  Even when the wages were good, the product quality was  terrible. The US auto industry killed itself in the 1970's with its poor quality vehicles that ignored consumer desires. Consumers want the high quality Japanese vehicles and forcing them to pay more isn't going to help Chrysler or GM sell more of its crap. 

 

The  United States Tariff Act of 1930, aka the Smoot-Hawley Tariff was an unmitigated economic disaster. It resulted in a catastrophic trade disruption and magnified the negative effects of the the Republican induced Great Depression. Prior to its implementation, more than 1,000 economists urged President Hoover to veto the Act, but he refused.  In the words of the great US sage Yogi Berra, it's deja vu all over again, because economists are warning Trump not to impose tariffs. 

 

Broad tariffs implementation are anything but compatible with "free thought" and are not Democratic. On the contrary, they are  hallmarks of dictatorships and of simplistic thinking when confronted with complex issues. If there are issues with alleged dumping or unfair trade practices, deal with them directly. Mass threats do not work and have never worked, because corrupt people will find away to work around the edicts. It is obvious that you haven't the slightest clue on anything. You are like those people in the US who claim they are Sovereign Citizens and recite mangled  misinterpreted nonsensical legal references. You accuse proponents of  liberalized equitable trade practice as being leftists, and yet you offer absolute support for tariffs.  Broad tariffs and restrictive trade practices go hand in hand and they have never delivered the promised results in the USA. Anyone who disagrees is accused of being a "leftist".

[bubblegum]

29 minutes ago, frank83628 said:

A thread started by an Australian about effecting US citizens... AKA, I have the acronym syndrome, but not an American, so I don't really have a place in this forum, but I hate Trump because I read MSM news and they made my opinion for me.

Boo too, tantrum thrown, 😭😭

Dude you really believe this forum is for USA folks only? Another Frank brainfart.

[bubblegum]

6 minutes ago, ericthai said:

 

You're missing the point. These companies employee people, so they create jobs!

You cant be a consumer if you dont have a job to make money to buy the products.

 

Tariffs aren't about prices, it's about jobs that make those products! Why do you think China has expanded so much, companies building factories in China and creating jobs.  A lot of good paying jobs have left USA.  

Wrong, wrong and wrong again. Do take the time to see the WSJ clip on earlier posts, educate yourself, then come back.

[ericthai]

10 hours ago, rudi49jr said:

Of course tariffs are going to hurt the consumer, it doesn’t take a mastermind to figure that out. Who do you think is ultimately going to pay for that 10-20-50% price hike? 

or companies bring manufacturing back to the USA (just like they left when free trade agreements were made)

Shipping something half way around the world is costly not only financially but also environmentally.

 

Myself and several of my friends try to only buy products made in the USA, sometimes I pay a little more but I know I'm supporting the US economy and a US job.  I dont believe it's going be tariffs across the board either. It will be selective depending on product.  

[rudi49jr]

1 hour ago, ericthai said:

I dont believe it's going be tariffs across the board either. It will be selective depending on product.

Get back to me in 6-12 months and then we’ll see….