Trump Plans new Tariffs on Canada, Mexico, and China

[Cryingdick]

9 minutes ago, Lacessit said:

I'm not sure why you want to live in denial of basic economic policy.

 

History shows any country who puts tariffs on imported goods and services pays for it with increased internal costs, and retaliatory measures. There's no such thing as a free lunch.

There wont be tariffs Mexico and Canada are already at the table. Get it?

[jvs]

19 minutes ago, Lacessit said:

Every time I see medical equipment in a hospital, it has a German or Japanese brand name on it. Permit me to doubt the device you are using to post was made in America.

 

The USA also has a plethora of natural disasters - bushfires, hurricanes and tornadoes. That will get worse with Trump environmental policies.

 

Tell me, who is going to pick your crops after Trump has deported all the illegals?

Yes,well as far as i can see it the government workers that are working in heated or cooled rooms are going to be looking for a job.

Would they make good farmers?Maybe a good way to lose some weight for some .

All joking aside,it is going to be a big mess and soon the people who have elected him will be really sorry for that.

I watched a podcast where it was explained to the host what tariffs really are and how they work.

The host was stunned after he realized it is only going to hurt the American consumers!

I was stunned also,by the lack of knowledge of a lot of Americans.

The people who call them selves MAGA will soon realize they ffd up big time.

Just following a slogan and blindly repeating it because that is all you understand and have no ideas of your own will not make America great again!

Very soon these people will be very tired of winning!

 

[Yagoda]

4 minutes ago, Cryingdick said:

There wont be tariffs Mexico and Canada are already at the table. Get it?

They screech, and cave in. Mexico will stop the caravans. Watching shaky Trudeau quake on TV was wonderful.

 

BTW the 25% threatened tariff means possible higher costs to American consumers in a micro sense, but means destruction of the Canadian and Mexico economy. Of course they will cave.

 

[JonnyF]

7 minutes ago, Chomper Higgot said:

Not for millions of Thai people it isn’t.

 

Do you think that's because of tax on imported foreign goods?

[KhunLA]

2 minutes ago, JonnyF said:

 

Thailand is still pretty cheap to live in. 

TH's auto industry is a fine example of tariffs working.  Auto makers from JP's 'Made in TH' production thrived, selling locally, and exporting, building large factories & local workforce.

 

Now that 'free trade' EVs from CH have flooded the market, and the tax break the manufactures are getting IF they set up manufacturing in TH, is killing the JP badged auto makers here, slowing production,  to stopping production, to closing factories.  ICEV sales slumping, EV sale increasing on a down market ... nuff said

 

China knows it's short lived, so the big boys will produce in TH, as tariffs will be reinstated.  Good for the local workforce, and good for the consumers, as you see the prices of cars have dropped, or at least, not increased.

 

Tariffs work for protectionism of local products & workforce.  Although, as USA proves, a country that can't or won't complete, as consumers are too stupid to realize the substandard crap being pushed on them at silly prices for locally  produced vehicles, suffer due to their ignorance and MSM propaganda.

 

The bad side of tariffs, for an ignorant populous of a country full of itself, and still selling 'best in the world' to the idiots that believe the propaganda.  Som nam na 

[frank83628]

5 minutes ago, jvs said:

Yes,well as far as i can see it the government workers that are working in heated or cooled rooms are going to be looking for a job.

Would they make good farmers?Maybe a good way to lose some weight for some .

All joking aside,it is going to be a big mess and soon the people who have elected him will be really sorry for that.

I watched a podcast where it was explained to the host what tariffs really are and how they work.

The host was stunned after he realized it is only going to hurt the American consumers!

I was stunned also,by the lack of knowledge of a lot of Americans.

The people who call them selves MAGA will soon realize they ffd up big time.

Just following a slogan and blindly repeating it because that is all you understand and have no ideas of your own will not make America great again!

Very soon these people will be very tired of winning!

 

They've had trump for 4 years already, they were better off then than Biden. So your post is nonsense

[Chomper Higgot]

1 minute ago, JonnyF said:

 

Do you think that's because of tax on imported foreign goods?

I think it has a lot to do with protected cartels, one in particular.

[JonnyF]

13 minutes ago, Chomper Higgot said:

Trumps rubes have yet to learn who it is that pays tariffs.

 

They won't pay import tariffs on domestically produced goods.

 

Hence that's what American people will buy more of, and the American economy will flourish, allowing for lower taxes, lower prices and better services. 

[Yagoda]

12 minutes ago, Chomper Higgot said:

Trumps rubes have yet to learn who it is that pays tariffs.

Irony: Foreign Leftists with no knowledge of how things work in the USA, who dont live there, and have never been there, and who live in a Leftist bubble in a country where even the minimal rights to freedom allowed are guaranteed by American taxpayers calling us "Rubes".

 

We are rubes for protecting y'all. My money. Maybe its time to withdraw from Nato and see how y'all like paying for your own protection. Cut those 6 week holidays down.

[JonnyF]

1 minute ago, Chomper Higgot said:

I think it has a lot to do with protected cartels, one in particular.

 

So not tariffs on imported foreign goods then...

 

I rarely hear the neighbours up at my farm complaining about the price of Cabernet Sauvignon and Camembert. 

[Chomper Higgot]

1 minute ago, JonnyF said:

 

So not tariffs on imported foreign goods then...

 

I rarely hear the neighbours up at my farm complaining about the price of Cabernet Sauvignon and Camembert. 

So you accept your statement regarding Thailand being pretty cheap to live is demonstrably ill informed  and that for millions of Thai people the cost of living here is not cheap?!

 

 

[jvs]

9 minutes ago, frank83628 said:

They've had trump for 4 years already, they were better off then than Biden. So your post is nonsense

So is yours.

[Chomper Higgot]

3 minutes ago, JonnyF said:

 

So not tariffs on imported foreign goods then...

 

I rarely hear the neighbours up at my farm complaining about the price of Cabernet Sauvignon and Camembert. 

I would be more than a little surprised if you understand anything they say, let alone express their views on the cost of living with you.

 

Professional Expat farm sounds interesting, can I have one?

[JonnyF]

2 minutes ago, Chomper Higgot said:

So you accept your statement regarding Thailand being pretty cheap to live is demonstrably ill informed  and that for millions of Thai people the cost of living here is not cheap?!

 

 

 

No I do not accept that. Thailand is very cheap to live. It's certainly a lot cheaper than America or the UK, despite Thailand having huge import tariffs on many foreign goods.

 

You are trying to deflect to the fact that wages are low for many Thai people which is a different subject and nothing to do with import tariffs on foreign goods (the subject of the thread). 

 

 

[Patong2021]

1 hour ago, Cryingdick said:

It's already done.Mexico and Canada agree to help. Biden used to be mocked as the migrant president in Latin America. Nobody could make sense of his desire to let all and sundry in at any cost. They understand trump's objectives because they align with thoseof the USA, Mexico and Canada..

 

It is not done. The reality is that Trump is full of sh*t.

The total amount of unauthorized  migrants entering from Canada is the equivalent of a weekend's worth on the southern border. Under the safe country agreement, anyone caught can be sent back to canada  as soon as they are apprehended. There are also migrants entering Canada from the USA. The bigger problem is the flow of firearms, drugs and tobacco from the USA into Canada.

 

Trump wants to put 25% tariffs on Canadian imports from Canada, but he wants to exempt Canadian imports. Currently, the over half of all US oil imports come from Canada. 4.42 million barrels a day. Canada can put a tariff on the exports. Yes, the US tariffs will hurt Canada, but once Canada retaliates with tariffs on US goods,watch US housing prices increase, and shortages to occur in some industries. US farmers will not be thrilled when Canadians stop buying US produce and switch to other suppliers. 30+ states have Canada as their largest trading partners.

 

The USA blames Mexico for its problem at the border. it's a made in USA problem,. Someone is buying the drugs from Mexico and hiring the  unauthorized migrants. Almost all of the firearms seized in Mexico come from the USA. There has been a reduction of migrants at the US border since last June. In fact the problem isn't with new migrants, but rests with the population already in the USA.

 

[Chomper Higgot]

Just now, JonnyF said:

 

No I do not accept that. Thailand is very cheap to live. It's certainly a lot cheaper than America or the UK, despite Thailand having huge import tariffs on many foreign goods.

 

You are trying to deflect to the fact that wages are low for many Thai people which is a different subject and nothing to do with import tariffs on foreign goods (the subject of the thread). 

 

 

No I’m simply calling out your patently ill informed statement.

 

As for relative costs, they are of no relevance to the millions of Thai who don’t find living cheap.

 

Ask your neighbors 😉

[JonnyF]

5 minutes ago, Chomper Higgot said:

I would be more than a little surprised if you understand anything they say, let alone express their views on the cost of living with you.

 

While being pretty fluent in spoken Thai, the Issan dialect does present some difficulties occasionally but I am quickly coming to grips with it.  

 

5 minutes ago, Chomper Higgot said:

 

Professional Expat farm sounds interesting, can I have one?

 

Yes it's a wonderful hobby. Producing organic food is very rewarding and the locals appreciate the money I have invested in the community.  

[JonnyF]

1 minute ago, Chomper Higgot said:

No I’m simply calling out your patently ill informed statement.

 

As for relative costs, they are of no relevance to the millions of Thai who don’t find living cheap.

 

Ask your neighbors 😉

 

Nonsense. I was talking about absolute costs, not relative costs. You are trying to deflect again.  

 

The reason it may be "relatively" high for the poorest in society is due to low wages, nothing to do with import tariffs on foreign goods (the subject of this thread). 

[bamnutsak]

Been there, done that...Peter Navarro to the rescue.

 

92 Percent of Trump’s China Tariff Proceeds Has Gone to Bail Out Angry Farmers

 

In 2018 and ’19, Trump authorized payments to U.S. farmers of $28 billion to offset their losses from Chinese trade retaliation. This year, with farmers struggling under the twin crises of the trade war and the pandemic, bailouts have soared way higher. Trump promised angry farmers another $19 billion in April and $14 billion in September—bringing his bailouts to a grand total of $61 billion. He has pledged to continue these bailouts until the trade war ends.

 

That trade war has cost U.S. companies many billions in new import taxes (while undermining their competitiveness and increasing consumer prices), yet it has earned the government far less. As the chart above shows, payouts to farmers battered by Chinese retaliation have eaten up over 92 percent of the trade-war tax proceeds.

 

https://www.cfr.org/blog/92-percent-trumps-china-tariff-proceeds-has-gone-bail-out-angry-farmers

 

 

And what's up with Canada? Are illegals and drugs flowing in over our northern border?

[Lacessit]

32 minutes ago, KhunLA said:

TH's auto industry is a fine example of tariffs working.  Auto makers from JP's 'Made in TH' production thrived, selling locally, and exporting, building large factories & local workforce.

 

Now that 'free trade' EVs from CH have flooded the market, and the tax break the manufactures are getting IF they set up manufacturing in TH, is killing the JP badged auto makers here, slowing production,  to stopping production, to closing factories.  ICEV sales slumping, EV sale increasing on a down market ... nuff said

 

China knows it's short lived, so the big boys will produce in TH, as tariffs will be reinstated.  Good for the local workforce, and good for the consumers, as you see the prices of cars have dropped, or at least, not increased.

 

Tariffs work for protectionism of local products & workforce.  Although, as USA proves, a country that can't or won't complete, as consumers are too stupid to realize the substandard crap being pushed on them at silly prices for locally  produced vehicles, suffer due to their ignorance and MSM propaganda.

 

The bad side of tariffs, for an ignorant populous of a country full of itself, and still selling 'best in the world' to the idiots that believe the propaganda.  Som nam na 

I can remember buying a Mitsubishi single cab Triton in Australia, IIRC about 2006. The on road cost was AUD 18,500. Australia had no tariffs on imported vehicles.

It was built in Thailand. If I had bought it there , at the prevailing exchange rate, it would have cost AUD 24,000.

Tariffs invariably hurt the people of the country that imposes them.

[howlee101]

1 hour ago, JimHuaHin said:

I would like to know from which university you received your advanced economics degree.

Please tell the forum how you are qualified to counter his claim.  Do you have any advanced degree....other than a MBA in Leftist Trolling?

[Eric Loh]

2 hours ago, HappyExpat57 said:

This is as idiotic and simple-minded (read: stupid) a tactic as one can take. Targeted tariffs are a useful tool. What this shallow-minded fool is planning is just like performing open heart surgery with a chainsaw.

 

Bottom line: you gonna kill the patient.

Agree. The patient will get a double whammy from inflation as well as rate hikes by FED. It will be a massive hit on borrowing costs for consumers and businesses and slow the economy. I still can't make the connection between higher tariffs to stop fentanyl. Must be a new economic theory from Trump U. 

Edited 1 hour ago by Eric Loh
wrong word

[Lacessit]

52 minutes ago, Cryingdick said:

There wont be tariffs Mexico and Canada are already at the table. Get it?

Then why are they talking about retaliatory measures?

 

What happens to American gas prices when Trump has a 25% tariff on the oil imported from Canada? What happens to  sales of American cars when Canada puts a 25% tariff on them?

 

Wishful thinking on your part, or an overdose of Trump Kool-Aid.

[JonnyF]

4 minutes ago, Lacessit said:

I can remember buying a Mitsubishi single cab Triton in Australia, IIRC about 2006. The on road cost was AUD 18,500. Australia had no tariffs on imported vehicles.

It was built in Thailand. If I had bought it there , at the prevailing exchange rate, it would have cost AUD 24,000.

Tariffs invariably hurt the people of the country that imposes them.

 

So you are saying buying a Thai built truck in Australia was cheaper than buying a Thai built truck in Thailand?

 

If so, what does that have to do with import tariffs? Even if Australia had import tariffs it would have likely cost around the same. 

[Yagoda]

1 hour ago, JonnyF said:

 

So not tariffs on imported foreign goods then...

 

I rarely hear the neighbours up at my farm complaining about the price of Cabernet Sauvignon and Camembert. 

You would think folks remember the numerous topics here where the Pinky-in-the-air crowd complains about Tariffs on their imported wine...

 

The best part about the Trump Haters, Tariff edition is that they focus on the Micro of the event/policy rather than the macro effect.

 

For those one or two of you whose intellectual curiosity I challenge, I would note that the focus on the micro rather than the macro allows the revolutionary movement to Socialism the philosophic flexibility to utilize small battles. The old revolutionary slogan, Think Global, Act Local is a perfect example. Thus, you get the incongruence of Leftists calling Tariffs an interference in the market, while acting to interfere in the market, or indeed, control the market as they did in National Socialist Germany or Soviet Russia.

Edited 1 hour ago by Yagoda
fixed my dumbass word inversion

[mdr224]

Alot of hoping that trump will wreck the economy. Most likely scenario is that inflation will be at a normal level for the next four years. Not like it matters to anyone here whos not living in america. America bashers will have not much to talk about soon

[Jingthing]

Most Trump voters don't know what tariffs are and how they work.

Arguably Trump doesn’t either.

They do want lower prices.

Trump's tariff policies bring the opposite.

Trump 1.0 btw resulted in loss of manufacturing jobs.

 

 

[bamnutsak]

3 minutes ago, Eric Loh said:

I still can't make the connection between higher tariffs to stop fentanyl.

 

We can't stop fentanyl usage/demand. We can't stop (all) fentanyl being smuggled in. So Trump wants Mexico and Canada to do this for us. Maybe his version of outsourcing?

 

I think most fentanyl is produced in Mexico with precursors from China?

 

 

[jvs]

3 minutes ago, mdr224 said:

Alot of hoping that trump will wreck the economy. Most likely scenario is that inflation will be at a normal level for the next four years. Not like it matters to anyone here whos not living in america. America bashers will have not much to talk about soon

I agree,there will be not much left to talk about.

[Yagoda]

11 minutes ago, Lacessit said:

I can remember buying a Mitsubishi single cab Triton in Australia, IIRC about 2006. The on road cost was AUD 18,500. Australia had no tariffs on imported vehicles.

It was built in Thailand. If I had bought it there , at the prevailing exchange rate, it would have cost AUD 24,000.

Tariffs invariably hurt the people of the country that imposes them.

You need to go back to school if you think that example shows anything