Trade Wars and Tariffs

[Thunder Good-Oil]

If yall don't mind explaining what are the theoretical benefits of these tariffs? I dumb as dogsh*t on this and I don't know what to think. I see whats happening and its damn near impossible to find an explanation without political bias.

The intent is to use our leverage (access to sell to the US consumers) to create opportunities for America. Instead of giving the access away for free the threat of tariffs are intended to get something in return. Bring back manufacturing - especially for strategically critical goods (medical supplies, pharma, components necessary for defense). Bring in capital to construct those plants. Create well paying jobs. Open up foreign markets for US based businesses to sell to - eliminate or reduce THEIR tariffs, remove obstructive regulations. Don’t assist bad players like China that cheat. Several hundred billion dollars can be collected from the countries that won’t agree to the concept of fair trade.

We’ve not been treated fairly for at least 80 years. All of the administrations since (Truman, Eisenhower, JFK, LBJ, etc) have failed to do anything about the inequitable arrangements.

Tariffs are the method to get our trading partners (competition) to negotiate fair, free trade.

 

[jmacvols1]

George Papadopoulos
@GeorgePapa19


UNITED STATES AND ARGENTINA BECOME THE FIRST ZERO-TARIFF COUNTRIES

Presidents Trump and Milei will sign the first international trade agreement free of tariffs for both American and Argentine products.

This is how negotiations should be done

 

[Vol8188]

If yall don't mind explaining what are the theoretical benefits of these tariffs? I dumb as dogsh*t on this and I don't know what to think. I see whats happening and its damn near impossible to find an explanation without political bias. I keep hearing this will cause a 2008 level crash and recession. Will it though?

The possible benefits are decreased value of the dollar (makes our debt cheaper) and possible decrease tariffs from other countries

But it’s more likely really, really bad. My only hope is that Trump’s ego puts a stop to this because of all the bad publicity

 

[lawgator1]

Too soon to go chicken little.

Stop defending the indefensible. He's an idiot and the people around him don't know what they're doing.

 

[Vol8188]

Stop defending the indefensible. He's an idiot and the people around him don't know what they're doing.

Hard to take that opinion serious from someone who spent four years defending Biden/Harris. Not sure either could win a 3rd grade spelling bee in Arkansas

 

[Orangeslice13]

DOW premarket is down another 1200.

I’m going to make a killing on all this.

 

[Orangeburst]

I’m going to make a killing on all this.

 

[SpaceCoastVol]

What about the Lion King?

Never seen it actually

 

[SpaceCoastVol]

Everything is great !

This is wonderful !


MAGA crowd can't admit they made a HUGE mistake in backing Trump and are going to go down with the ship.

Buying opportunities abound

 

[SpaceCoastVol]

Bought a lot of Ford this morning around 9.11 a share. Hoping to get out around 9.50

Ford just doesn't move much. You might be holding awhile. I had some a year ago about this same price. The dividend yield is good though

 

[Vol8188]

For just doesn't move much. You might be holding awhile

Ford moves a lot. I bought those shares probably around 7am central and sold by 10am

 

[Thunder Good-Oil]

F moves. But it doesn’t seem like it can sustain a breakout to the upside.

 

[Vol8188]

F moves. But it doesn’t seem like it can sustain a breakout to the upside.

If I ever get stuck with it, the dividend is nice too

 

[evillawyer]

 

[McDad]

Anyone not worried at this point is a serious tw@t

I'm not worried.

 

[W.TN.Orange Blood]

 

[Thunder Good-Oil]

Imagine if you hadn’t been a p*ssy when dealing with Iran.

 

[n_huffhines]

Imagine if you hadn’t been a p*ssy when dealing with Iran.

Omg, Iran????

 

[SpaceCoastVol]

The right wing coping is pretty pathetic. I checked my personal Charles Schwab account.. most of my gains are gone....wiped out. I am afraid to even look at my retirement. I'm technically 12 years from retirement. I can't imagine how someone who was set to retire feels. For any MAGAs that's wondering, that's called empathy. Although I have years to hopefully recover my losses, those that were going to retire soon will have to either continue working or be SOL. I hate it for them, they did everything right and boom. I guess they could've been born rich.

Coping?

 

[SpaceCoastVol]

The right wing coping is pretty pathetic. I checked my personal Charles Schwab account.. most of my gains are gone....wiped out. I am afraid to even look at my retirement. I'm technically 12 years from retirement. I can't imagine how someone who was set to retire feels. For any MAGAs that's wondering, that's called empathy. Although I have years to hopefully recover my losses, those that were going to retire soon will have to either continue working or be SOL. I hate it for them, they did everything right and boom. I guess they could've been born rich.

I'm 4 months from retirement, and I'm not worried. Grow a spine and pull for American for once

 

[Thunder Good-Oil]

Omg, Iran????

Yes. Iraq’s neighbor. The place that funds terrorism. One of Obama’s major fails.

 

[SpaceCoastVol]

How does one go about lacking zero empathy?

Public School math brought to you by the department of education

 

[SpaceCoastVol]

And that's what will happen to the Rs if this doesn't work. Then we'll go back to the status quo and keep kicking the can down the road until it goes over the edge and can't be kicked anymore.

Best post of the day

 

[SpaceCoastVol]

That's a big assumption. Heck, Trump slapped 10% on Australia with whom we have a free trade agreement, effective tariffs of 0%, and a trade surplus. If Australia gets no love, why would Vietnam be any different?

Vietnam is a sweatshop.

Think of the children.

 

[Boston Vol]

That’s rich coming from him. Imagine the reaction if the Trump administration did some of the same things that happened during the Obama administration. I guess Barack forgot what happened to journalists under his watch. Hacking the Associated Press, bugging Sharyl Attkisson’s computer, labeling James Rosen an unindicted co-conspirator just for doing his job, and issuing subpoenas to countless other reporters to force them to reveal their sources and testify in criminal cases. His administration prosecuted nine cases involving whistleblowers and leakers, compared to just three by all other previous administrations combined.