Would Donald Trump’s tariffs hurt US consumers?

[Patong2021]

1 hour ago, mdr224 said:

The tariffs were kept by biden, and only concerns small minded people. The issue is inflation. Hopefully Trump can follow Ron Pauls advice on how to decrease the deficit and keep inflation at a non insane level like the last four years

 

This time around Trump wants a broad imposition of tariffs, an across the board general levy of 10%. Previous tariffs were on select industries.  The conservative positioned  Tax Foundation states that  Trump has proposed significant tariff hikes as part of his presidential campaign; we estimate that if imposed, his proposed tariff increases would hike taxes by another $524 billion annually and shrink GDP by at least 0.8 percent, the capital stock by 0.7 percent, and employment by 684,000 full-time equivalent jobs. 

 

[mdr224]

30 minutes ago, EveryG said:

This is what MAGAs resort to when they can't actually discuss the issues. This isn't about ideology. YOU have been exposed here. Please keep trying to deflect, but it's obvious that YOU have no grasp of the issues. YOU make claims to be something you are not. YOU make inconsistent arguments. YOU, not your ideology, but YOU are individually sad. 

I am sad, yet you had to create a new account to hide your shame, Danderman

Edited 6 hours ago by mdr224

[EveryG]

4 minutes ago, mdr224 said:

I am sad, yet you had to create a new account to hide your shame, Danderman

Now you are even sadder.  I have equal disregard for liberal idealogues as MAGA trailer trash posing as libertarians. 

[mdr224]

4 minutes ago, EveryG said:

Now you are even sadder.  I have equal disregard for liberal idealogues as MAGA trailer trash posing as libertarians. 

Why did you feel the need to create a new account? Couldnt face random internet strangers after being exposed as a nutcase?

[bubblegum]

40 minutes ago, mogandave said:

I was only pointing out that you were lying when you said no jobs were created. 

 

You have no credibility 

Where did I say no jobs were created? Seems to me you have a vivid imagination. Also you never had any credibility. Why ? Because like a snake you twist and twirl trying to get out of a hole you, yourself created.

[bubblegum]

3 minutes ago, mdr224 said:

Why did you feel the need to create a new account? Couldnt face random internet strangers after being exposed as a nutcase?

You don't need to share your wild imagination here you know. Better you do it with a schrink.

[worgeordie]

As Trump is the greatest businessman in the World ,..nay the Universe ,

I mean how many people have bankrupted a Casino , and been bankrupt

what is it 4 times, and the list of his failing companies as long as your arm ,

 

The people of America are going to suffer ,bigley ,just look at the clowns 

he is trying to get in his cabinet ,without FBI checks , all very suitable for

their posts ? , the people who voted for him deserve all that's coming to

them , God save the U.S,A,

 

regards worgeordie

[frank83628]

On 11/21/2024 at 9:51 AM, simple1 said:

 

Cost the Australian economy $billions for supporting trump ideology regards PRC

So, he cost your economy  billion, while bringing billions to his? 

[frank83628]

On 11/21/2024 at 9:51 AM, simple1 said:

 

Cost the Australian economy $billions for supporting trump ideology regards PRC

i don't seem to remember his campaign slogan being Make Australia Great Again

[EveryG]

  

37 minutes ago, mdr224 said:

Why did you feel the need to create a new account? Couldnt face random internet strangers after being exposed as a nutcase?

I'm sorry your favorite target has left you, but I am not he. 

 

You, on the other hand, much like your oompa loompa hero, do not understand what tariffs are. They are a tax on Americans. Period. You are distracting from the fact that you claim Trump should follow Ron Paul because you claim to be a libertarian, while also claiming we should have tariffs to save the auto industry. These are not libertarian positions. This is Ron Paul's position:

Quote

If we can’t compete then we have to say, ‘Why can’t we compete?' Trying to fix decades of mismanaged trade with tariffs is the wrong approach. A tariff can’t fix this. A tariff is a tax and the tax is on the people who live in the country who raises it. 

-Ron Paul

You keep distracting, and I will keep pointing out how inept you are. 

[mogandave]

54 minutes ago, bubblegum said:

Where did I say no jobs were created? Seems to me you have a vivid imagination. Also you never had any credibility. Why ? Because like a snake you twist and twirl trying to get out of a hole you, yourself created.

Right here. You have zero credibility 

 

[EveryG]

9 minutes ago, mogandave said:

Right here. You have zero credibility 

 

The MAGAs on this forum have reading challenges 

Also, challenges in logic, consistency, critical thinking, broad understanding, complexity, and general meaning.

 

Every time I think I've seen the bottom limit of American depravity, I am unpleasantly surprised 

[mogandave]

52 minutes ago, mogandave said:

Right here. You have zero credibility 

 

I saw it. It said they created jobs, you lied and said they didn’t. 

 

You have zero credibility. 

 

Just like you know higher corporate income taxes costs jobs and drives prices up, but you can’t admit it. 

[mogandave]

Why is it the leftists here always have to resort to lying? Why can we not have an honest discussion?

[kingstonkid]

48 minutes ago, EveryG said:

The MAGAs on this forum have reading challenges 

Also, challenges in logic, consistency, critical thinking, broad understanding, complexity, and general meaning.

 

Every time I think I've seen the bottom limit of American depravity, I am unpleasantly surprised 

 

many people here are not MAGA but think that the way that the Dims and Kamala were going to run the country was worse not only for the U.S. but for the rest of the world.

 

Trump uses tarrifs in many ways.

 

Punish Mexico for all the drugs and illegals

Slow down the Chinese take over.

But mainly to ensure that when a company build something it is done with American steel. that Americans are eating food made in America.

 

Part of his tarrif plan is also to reward companies that actually build in America.

 

It is undisputable that at the outbreak of covid teh whole world got scrwed because you could not get a thermometer or any medical supplies.  The reason being that they were all made in China, and China due to COVID-19 could not make enough.  That was felt here as well as the U.S.

https://pmc.ncbi.nlm.nih.gov/articles/PMC8441910/

 

What TRUMP wants to do is make the U.S. self sustaining as much as possible.  In theory, it is a great idea.  Consider that if Cina decided to invade Taiwan that the U.s. The machine would right now be screwed as they would not have the technical parts to do anything.

 

Remember that the reason a lot of cars and computers and stuff could not be repaired was that China would not make enough chips.

 

 

 

[kingstonkid]

6 hours ago, spidermike007 said:

I think that calling it a plan is a bit of a stretch. I would say it was an effective campaign slogan and it's actually a good concept, but it's incredibly complicated, and he's trying to pretend as if it is very simple, which is very typical of his somewhat simple-minded thought process. 

 

For big companies changing manufacturing locations requires years, and is not something that can be done overnight without  becoming a huge tax hike (tariffs) on the American population. 

Agreed it is complicated BUT at least it is a place to start and a plan that can be actioned.  The Biden/Obama plan really did nothing to help the average American.  If the U.S. started this and carried it on for a decade it could get back to a viable self sustaining country.  However selling farm land to Chinese or Japanese copanies is not going to do it.  Having things made outside the country is not going to help the country.

 

Considering that most military equipment requires computer chips, how long do you think the U.S. would last in a war if China cut them off?

[simple1]

1 hour ago, frank83628 said:

So, he cost your economy  billion, while bringing billions to his? 

Actually billions, perhaps good idea to charge the equivalents back to US for basing military and secret spying facilities in Australia. But I suppose you know nothing...

[mogandave]

3 hours ago, Patong2021 said:

 

This time around Trump wants a broad imposition of tariffs, an across the board general levy of 10%. Previous tariffs were on select industries.  The conservative positioned  Tax Foundation states that  Trump has proposed significant tariff hikes as part of his presidential campaign; we estimate that if imposed, his proposed tariff increases would hike taxes by another $524 billion annually and shrink GDP by at least 0.8 percent, the capital stock by 0.7 percent, and employment by 684,000 full-time equivalent jobs. 

 

Trump has only spewed rhetoric, he has not submitted any kind of proposal. 

[frank83628]

1 hour ago, simple1 said:

Actually billions, perhaps good idea to charge the equivalents back to US for basing military and secret spying facilities in Australia. But I suppose you know nothing...

Go for it, that's what your politicians are there for right? So if Aus got a shat deal who's to blame?

[simple1]

3 hours ago, frank83628 said:

Go for it, that's what your politicians are there for right? So if Aus got a shat deal who's to blame?

 

Caught between a rock and a hard place as Australia is reliant on trade with both PRC and US. US had threatened to place tariffs on Australian imports (an US  ally for 70+ years and fought alongside US in WW1 and WW11, Korea, Vietnam, and ME).

Edited 13 minutes ago by simple1