Trump was so desperate promoting/implementing tariffs worldwide thinking that would save the USA catastrophic 38 Trillion debt, he just got a wake up call, tariffs are bringing in the money he expected, guess the "liberation day" is not liberating anything

 

For the first time since Trump’s tariff rollout, import tax revenue has fallen, threatening his lofty plans to slash the $38 trillion national debt

 

https://au.yahoo.com/finance/news/first-time-since-trump-tariff-194453702.html

They are working just the way the 1% planned. Multiple market sectors have been destroyed and are ready for the vultures to land. Vance is beholden to a group that buys up bankrupt farms, Trump want the Fed to reduce rates to save his upside down mortgages. They are looking for excuses to cut social safety nets.

On top of it, manufacturing jobs declined!

I guess the "king of tariffs" come to realize that many of his followers are no longer listening/believing in his constant daily BS about how good the economy is doing and how much money the tariffs are bringing in the US finances, it took something for it to settle in his small brain

 

By the end of December, GDP growth is forecast to have almost halved on 2024, shrinking from 2.8 percent to just 1.6 percent 

Billionaire Trump, 79, Admits Voters Aren’t Buying Any More of His BS on the Economy

https://www.yahoo.com/news/articles/billionaire-trump-79-admits-voters-165127555.html

Absolutely correct and Trump is starting to pay the price for his ridiculous tariffs. This man probably has less understanding of globalization and the inherent ecosystems within it, than most leaders of small African nations. The job losses, the inflation, the incredible pain to the American economy will not be fully realized for years to come, and by that time he'll be gone or dead. It will just be a stinky, nasty, horrific, toxic legacy left behind buy an absolute circus clown and the worst example of a petty jerk. 

 

It doesn’t take a rocket scientist to guess that Republicans have their work cut out for them in next year’s midterm elections. But it’s still surprising to hear the head of the Republican National Committee — who won the post with President Donald Trump's support — say so out loud.

“It’s not a secret,” RNC Chair Joe Gruters said in a recent radio interview, The Bulwark noted. “There’s no sugarcoating it. It’s a pending, looming disaster heading our way.”

 

Gruters actually comes across as gentle compared to other insiders, who are placing the blame squarely at Trump’s feet.

“His message sucks,” one GOP strategist told The Bulwark. “It’s absolute trash.”

 

In other Tariff Don disaster news:

Somebody made a horrible decision. Somebody needs to be held accountable for the 2nd boat strike. 

From North Carolina Senator Thom Tillis.

 

The strikes are not the only actions that have spurred a handful of Republicans to express a little daylight with the Trump administration. Some have criticized Trump's tariffs...

SUSAN COLLINS: Our lobstermen, our blueberry growers, our potato farmers will pay the price.

Inaction on expiring health subsidies...

 

JOSHUA HAWLEY: We are looking at a massive crisis unless Congress acts.

On the proposed Ukraine peace plan...

 

DON BACON: It's not conservative to appease Putin, nor is it conservative to have a lack of moral clarity who's at fault of this war.

 

After months of the White House steamrolling Congress on tariffs, appropriations and military intervention, even this careful pushback is a departure, says former Republican Senator Jeff Flake of Arizona. He says the shift is accelerating with Trump's declining approval rating and after Republicans' poor performance in off-year elections last month.

JEFF FLAKE: There was a lot of fear about what he could do to you electorally. That's diminishing.

 

https://share.google/cMCQWuucE3xvyPiYe

 

 

23 minutes ago, spidermike007 said:

Absolutely correct and Trump is starting to pay the price for his ridiculous tariffs.

Oh Yeah? Well where were you when Biden did tariffs, huh?

1 hour ago, jerrymahoney said:

Oh Yeah? Well where were you when Biden did tariffs, huh?

I can't speak for spidermike but I was pretty much I always am. Biden's tariffs were limited and targeted. Trump is pretty much spraying shrapnel.

3 minutes ago, Alan Zweibel said:

I can't speak for spidermike

I was just speaking for the usual suspects before they  could get that Well what about? in.

1 hour ago, jerrymahoney said:

Oh Yeah? Well where were you when Biden did tariffs, huh?

Trump's cock-ups are nothing to do with Biden............🥴

5 minutes ago, transam said:

Trump's cock-ups are nothing to do with Biden............🥴

Sure they do:

 

Trump says good parts of US economy are ‘Trump economy,’ bad parts are ‘Biden economy’

 May 4, 2025

 

9 minutes ago, Alan Zweibel said:

I can't speak for spidermike but I was pretty much I always am. Biden's tariffs were limited and targeted. Trump is pretty much spraying shrapnel.

When Biden imposed tariffs was it "a tax on Americans"? Why when Biden imposed tariffs did the woke cult not bang on and on and on about it just being a tax on Americans? Not expecting a cohesive or logical answer🤣

5 minutes ago, SunnyinBangrak said:

When Biden imposed tariffs was it "a tax on Americans"? Why when Biden imposed tariffs did the woke cult not bang on and on and on about it just being a tax on Americans? Not expecting a cohesive or logical answer🤣

Among other reasons, Biden never invoked the International Emergency Economic Powers Act (IEEPA) which is now under review at the Supreme Court.

 

EXECUTIVE ORDER
14257
- - - - - - -
REGULATING IMPORTS WITH A RECIPROCAL TARIFF TO RECTIFY TRADE
PRACTICES THAT CONTRIBUTE TO LARGE AND PERSISTENT ANNUAL
UNITED STATES GOODS TRADE DEFICITS

https://public-inspection.federalregister.gov/2025-06063.pdf

Just last week the man who knows more about tariffs than anyone told us his tariffs are already bringing in "trillions of dollars.....so much that you won't have to pay income taxes anymore". Yes, everybody said it couldn't be done.....and "everybody" was right.

 

In reality, a state of being Trump has long since abandoned, the tariffs have brought in $259 billion to a government that gets $2.5 trillion in taxes and is running a deficit of $1.83 trillion this year. And of course the tariffs have been paid for by the end user, which is to say the final consumer, though the importer acts as a middleman.

 

But it's not a lie if some of your most deluded cult members believe it.

 

 

 U.S. Solicitor General John Sauer's argument at the Supreme Court defending Trump-era tariffs, claiming they are regulatory tools for foreign policy (Article I powers), not taxes for revenue, with revenue generation being merely "incidental," a point justices across the spectrum questioned, noting tariffs act like taxes on Americans, challenging the President's broad use of the International Emergency Economic Powers Act (IEEPA). 

 

Gemini AI and he really said 'incidental'

_________________________

BTW as I posted DEC 1:

One of the admin's main arguments is that the tariff  decision in 1971 with Nixon in the so-called Yoshida (zipper) case supports their position .

 

But the Nixon official who over 50 years ago wrote the case for Nixon is against the government position in a submitted supreme court amicus brief.

1 hour ago, jerrymahoney said:

Oh Yeah? Well where were you when Biden did tariffs, huh?

Biden's tariffs remained fairly consistent, and the world was a much more stable place

Tariff Don is all over the place, his tariff (American taxes) policies are of a whipsaw nature, and that brings a great deal of instability. Kind of like an external version of what's going on inside his head every day. 

2 minutes ago, spidermike007 said:

Well where were you when Biden did tariffs, huh?

I just said that before the persons who were almost certain to say that showed up... and they did

Anyone who thinks that the benefits of tariffs happen within a few months should not be commenting on economic theory.  Or tariffs.

1 hour ago, impulse said:

Anyone who thinks that the benefits of tariffs happen within a few months should not be commenting on economic theory.  Or tariffs.

The full impact of tariffs will likely only be really felt in 2026, indeed! 🤣

 

Delayed tariff impact starting to hit, could cause companies to reduce head count in 2026

https://www.cnbc.com/2025/12/02/tariff-impact-starting-to-hit-could-cause-reduced-headcount-in-2026.html

 

‘Full Effects' of Trump Tariff Hikes Will Be Felt in 2026, OECD Says

 

The United States, which inflicted punishing duties on many of its trade partners this year, stands to see its GDP growth fall even further, from 2.8 percent in 2024 to 1.8 percent in 2025 and 1.5 percent in 2026. OECD attributed much of that loss to the heightened tariff rates, along with a contraction in net immigration.

 

https://www.msn.com/en-us/money/markets/full-effects-of-trump-tariff-hikes-will-be-felt-in-2026-oecd-says/ar-AA1NeNPq?apiversion=v2&domshim=1&noservercache=1&noservertelemetry=1&batchservertelemetry=1&renderwebcomponents=1&wcseo=1

Trump's shenanigans have also cost Nvidia, one of the world's richest companies, to lose their biggest customer (China), who bought 95% of their chips. They now buy zero.

 

Now Trump has realised his mistake, about turned, and said they can buy Nvidia's H200 chips. Trouble is, China no longer wants them. They want their companies to reduce their reliance on US technology. Instead aiming to become self sufficient in chip design and manufacture.

 

 

 

3 hours ago, SunnyinBangrak said:

When Biden imposed tariffs was it "a tax on Americans"? Why when Biden imposed tariffs did the woke cult not bang on and on and on about it just being a tax on Americans? Not expecting a cohesive or logical answer🤣

As noted before. Biden's tariffs were targeted in a limited way at China. Trump has targeted everyone including China.

3 hours ago, Alan Zweibel said:

I can't speak for spidermike but I was pretty much I always am. Biden's tariffs were limited and targeted. Trump is pretty much spraying shrapnel.

This profile was created August 11th 2024. Which username were you during the Biden years to criticize his tariffs?

3 minutes ago, Alan Zweibel said:

As noted before. Biden's tariffs were targeted in a limited way at China. Trump has targeted everyone including China.

What don't you understand about what I just wrote? Targeted tariffs are one thing, imposing them universally is quite another.

Tariffs aren't working, the orange idiot isn't working. What else is new?🤣

 

 

 

 

6 minutes ago, SunnyinBangrak said:

This profile was created August 11th 2024. Which username were you during the Biden years to criticize his tariffs?

 

You've got nothing. 

So he doesn't have brain worms, he's got brain vipers!😂

 

[This is the POTUS.......seriously!!!]

 

 

 

 

3 hours ago, jerrymahoney said:

I was just speaking for the usual suspects before they  could get that Well what about? in.

And not a word of thanks to you from any of them.

6 minutes ago, blaze master said:

 

You've got nothing. 

Excellent point!

3 minutes ago, BLMFem said:

Tariffs aren't working, the orange idiot isn't working. What else is new?🤣

 

 

 

 

 

Nice try. What you posted is a flat out lie.

 

Ps....that screen shot is from a meeting that happened years ago.

 

https://www.snopes.com/fact-check/trump-italy-ally-ancient-times/

 

 

WHAT???????

 

 

 

 

 

8 minutes ago, Alan Zweibel said:

What don't you understand about what I just wrote? Targeted tariffs are one thing, imposing them universally is quite another.

So what is the magic number where a tariff goes from good to where it becomes a tax on Americans? 1% 5% 10% 25%? All sounds very mysterious🤣