Trade Wars and Tariffs

[titansvolsfaninga]

Ford trying to get rid of inventory before **** hits the fan.

He's going to buy a new car with insurance premiums going up. They are neither the best, nor the brightest. But here we are...

 

[rekinhavoc]

 

[titansvolsfaninga]

But $3.99 eggs!!!!!! Right JD.

We have to sacrifice ourselves so the Uber rich can buy another island. Stop being selfish! Think of the billionaires! They can buy up stocks and when the market goes back up, they win..

 

[titansvolsfaninga]

my lordt....can't compete with this. Sacrifice the young and the old.

 

[volbound1700]

It’s all so fkn retarded.

See I can agree on that. Costa Rica is not a hostile nation to the USA. I don't see the point of putting tariff on them.

 

[rekinhavoc]

Tariffs Boosted Economy in Trump's First Term.

PULSE POINTS: ❓What Happened: President Donald J. Trump has announced new tariffs aimed at promoting fair trade and supporting American workers and

thenationalpulse.com

"Research conducted on the impact of tariffs from President Trump’s first term suggests that these measures fortified the U.S. economy. A 2024 study highlighted that tariffs resulted in significant reshoring in sectors such as manufacturing and steelmaking, while a 2023 U.S. International Trade Commission report revealed that tariffs curtailed imports from China and promoted local production.

The report indicated minor downstream price effects, aligning with findings by the Economic Policy Institute, which emphasized that the tariffs did not exacerbate inflation and had a negligible impact on prices overall.

“Following implementation of Sec. 232 measures in 2018—and prior to the global downturn in 2020—U.S. steel output, employment, capital investment, and financial performance all improved,” the Economic Policy Institute stated. This period saw U.S. steel producers commit over $15.7 billion to new or upgraded facilities, generating approximately 3,200 jobs.

A further analysis conducted by the Atlantic Council points to a potential increase in domestic product purchases prompted by tariffs. The Treasury Secretary under the Biden regime, Janet Yellen, supported this stance, stating that consumer prices would not significantly rise as a result of tariffs.

A separate 2024 economic analysis projected that a global 10 percent tariff could stimulate $728 billion in economic growth, create 2.8 million jobs, and lift real household incomes by 5.7 percent.

During President Trump’s first term, tariffs bolstered the iron ore industry in Minnesota, supported thousands of new jobs, led to investments exceeding $10 billion, and decreased steel and aluminum imports by nearly one-third from 2016 to 2020."

 

[bamawriter]

See I can agree on that. Costa Rica is not a hostile nation to the USA. I don't see the point of putting tariff on them.

The only point can possibly be that we all should pay more for coffee and bananas. There is no other logic.

 

[85SugarVol]

He refers to everyone he goes Joe Joe the chewing gum boy on as “greasemonkey”.

That or “juice box”. It’s a little weird.

Lolz…..

You should take your own advice, start here.

Am I missing something here, Juicebox?

 

[n_huffhines]

Complete incoherence. At no point does she connect the dots with free trade being good for Wall Street but bad for the people. I assume because of manufacturing jobs? Manufacturing output in the United States has consistently risen over the last 60 years. We make more with less labor because of labor costs and rules that aren't business-friendly. A lack of protectionism (which doesn't exist, we have always been protectionists) is not to blame for the decline in manufacturing jobs.

The working class is going to get hit the hardest. Wall Street's going to be OK, as always.

 

[titansvolsfaninga]

Tariffs Boosted Economy in Trump's First Term.

PULSE POINTS: ❓What Happened: President Donald J. Trump has announced new tariffs aimed at promoting fair trade and supporting American workers and

thenationalpulse.com

"Research conducted on the impact of tariffs from President Trump’s first term suggests that these measures fortified the U.S. economy. A 2024 study highlighted that tariffs resulted in significant reshoring in sectors such as manufacturing and steelmaking, while a 2023 U.S. International Trade Commission report revealed that tariffs curtailed imports from China and promoted local production.

The report indicated minor downstream price effects, aligning with findings by the Economic Policy Institute, which emphasized that the tariffs did not exacerbate inflation and had a negligible impact on prices overall.

“Following implementation of Sec. 232 measures in 2018—and prior to the global downturn in 2020—U.S. steel output, employment, capital investment, and financial performance all improved,” the Economic Policy Institute stated. This period saw U.S. steel producers commit over $15.7 billion to new or upgraded facilities, generating approximately 3,200 jobs.

A further analysis conducted by the Atlantic Council points to a potential increase in domestic product purchases prompted by tariffs. The Treasury Secretary under the Biden regime, Janet Yellen, supported this stance, stating that consumer prices would not significantly rise as a result of tariffs.

A separate 2024 economic analysis projected that a global 10 percent tariff could stimulate $728 billion in economic growth, create 2.8 million jobs, and lift real household incomes by 5.7 percent.

During President Trump’s first term, tariffs bolstered the iron ore industry in Minnesota, supported thousands of new jobs, led to investments exceeding $10 billion, and decreased steel and aluminum imports by nearly one-third from 2016 to 2020."

That's not what happened. I need you to check your sources.

 

[Ashevolle]

buy the dip

Knock yourself out kiddo.

 

[BeardedVol]

Tariffs Boosted Economy in Trump's First Term.

PULSE POINTS: ❓What Happened: President Donald J. Trump has announced new tariffs aimed at promoting fair trade and supporting American workers and

thenationalpulse.com

"Research conducted on the impact of tariffs from President Trump’s first term suggests that these measures fortified the U.S. economy. A 2024 study highlighted that tariffs resulted in significant reshoring in sectors such as manufacturing and steelmaking, while a 2023 U.S. International Trade Commission report revealed that tariffs curtailed imports from China and promoted local production.

The report indicated minor downstream price effects, aligning with findings by the Economic Policy Institute, which emphasized that the tariffs did not exacerbate inflation and had a negligible impact on prices overall.

“Following implementation of Sec. 232 measures in 2018—and prior to the global downturn in 2020—U.S. steel output, employment, capital investment, and financial performance all improved,” the Economic Policy Institute stated. This period saw U.S. steel producers commit over $15.7 billion to new or upgraded facilities, generating approximately 3,200 jobs.

A further analysis conducted by the Atlantic Council points to a potential increase in domestic product purchases prompted by tariffs. The Treasury Secretary under the Biden regime, Janet Yellen, supported this stance, stating that consumer prices would not significantly rise as a result of tariffs.

A separate 2024 economic analysis projected that a global 10 percent tariff could stimulate $728 billion in economic growth, create 2.8 million jobs, and lift real household incomes by 5.7 percent.

During President Trump’s first term, tariffs bolstered the iron ore industry in Minnesota, supported thousands of new jobs, led to investments exceeding $10 billion, and decreased steel and aluminum imports by nearly one-third from 2016 to 2020."

https://www.washingtonpost.com/politics/2025/02/11/no-janet-yellen-doesnt-back-trumps-tariff-claim/

 

[luthervol]

The ol' "are you better off today than you were two/four years ago?" question will be biting the trumpublican party in their fat arse.
Just hope the damage isn't catastrophic for to many.

 

[volbound1700]

The only point can possibly be that we all should pay more for coffee and bananas. There is no other logic.

Well they are reciprocal tariffs so perhaps Costa Rica has a tariff on US Goods (knowing LA, it is probably a blanket tariff on everyone, not just USA).

 

[Vol737]

The only point can possibly be that we all should pay more for coffee and bananas. There is no other logic.

Bananas have too much sugar, but don’t F with my coffee!

 

[volfanhill]

Bananas have too much sugar, but don’t F with my coffee!

Natural sugars ain't so bad

 

[Vol737]

Natural sugars ain't so bad

Raw cane sugar….good stuff.

 

[volfanhill]

Well they are reciprocal tariffs so perhaps Costa Rica has a tariff on US Goods (knowing LA, it is probably a blanket tariff on everyone, not just USA).

They aren't reciprocal. That's a lie. The administration itself has produced some bs formula they came up with.

 

[LSU-SIU]

That is not my recollection wrt the economic downturn of 2008.

https://money.usnews.com/money/blogs/the-inside-job/2008/09/26/hank-paulson-kneeling-before-pelosi

 

[volbound1700]

Bananas have too much sugar, but don’t F with my coffee!

The headache is that the coffee crops haven't done to well this year so coffee was already expected to increase in pricing.

 

[Orangeslice13]

For anyone who thinks this is even remotely a good idea:

Please explain the reasoning behind the 10% tariff on Costa Rica. The two primary imports from Costa Rica are bananas and coffee. The US produces negligible amounts of both. This is not something that can be cured by "bringing production back to the US." Hawaii is the only state in which either can be grown on a commercial scale, and bringing products from Hawaii to the continent is usually more expensive that importing them from Central America. Please tell me how this tariff makes any sense whatsoever.

Stop messing with coffee production!!!!

 

[Orangeslice13]

You cannot seriously think that auto workers are going to take a big pay cut, can you? Especially given the spike in inflation roundly predicted is coming given this nonsensical Trump experiment?

Given we’ve survived 23% hike over the last 2-1/2 years and you said the economy was awesome, I’m not sure people will even feel a 4% hit

 

[lawgator1]

That’s not entirely my point. But it is related. More so my point is that a global corporate tax also gets passed on to the consumer in the form of inflation the same way as tariffs.

So if you oppose tariffs due to inflation, it would be logical to oppose corporate taxes also. Especially on a global scale.

Every tax increases the cost of goods or services. Cant get rid of them altogether if you want anything done.

 

[Vol737]

I don’t wanna ruin a good party, but over six million homeowner are behind on their mortgage and consumer debt is north of $18T, surpassing pre- financial crisis levels. This could end up being a real hootenanny.

 

[BernardKingGOAT]

I don’t wanna ruin a good party, but over six million homeowner are behind on their mortgage and consumer debt is north of $18T, surpassing pre- financial crisis levels. This could end up being a real hootenanny.

Those facts seem to have gone unnoticed by this administration