WSJ - Why Economists Hate Trump's Tariff Plan

His moronic supporters still believe that China is paying the tariffs. Lol. He'd be nowhere without these double-digit IQ motherfuckers.

His moronic supporters still believe that China is paying the tariffs. Lol. He'd be nowhere without these double-digit IQ motherfuckers. Originally Posted by tommy156

That's why traditionally, all the die hard red counties are county yolkes who have no/low education. They constantly vote for people who lie to them and do not have their best interests at heart. Because they make it an 'Us vs Them', and they present themselves as 'One of you country folk' that they earn the trust. Tribe mentality is still a thing in human culture.

Then, those same people they voted for cut access to services, education, raise taxes, all while saying 'vote for me, I am one of you, not one of those city slicker dems!'


We live in a caste system where they try their damnedest to make us want to keep using the caste system, because they don't believe or can't see that it is literally a caste system.


People vote for the tariffs because they don't know what they are, they are misinformed with what they are. So when they finally go through and the prices on everything is up 30%, the politicians will blame the dems.



We've done this before. We didn't like it. We are all just too stupid to remember and connect the dots

https://www.washingtonpost.com/busin...-trump-prices/

https://www.nbcnews.com/news/amp/rcna177306

Not shocked that small businesses do not relish the possibility of even more Trump Tariffs. Especially those with low margins

So, now that this is closer to reality... let's talk tariffs.

Are they a bluff/feint for a negotiation? Do you support them? Where? Why?

What inflationary impacts do you expect?

Do you expect retaliatory tariffs?

The WSJ “economists” are just going to have to deal with it now.



BAHAHAHA

We're all going to have to deal with it, Bam.

Clutch that silver tight if he follows through on his plans to create more inflation. You should check out Mr. Global on Tiktok. Think you'll love him

Trumps point on tariffs is to make manufacturing in others countries move back to America.
Jobs form Americans not for Chinese as an example. Cars made in America by Americans not cars made by Mexicans in Mexico.

Good gosh, how in the hell does some not get that

Trumps point on tariffs is to make manufacturing in others countries move back to America.
Jobs form Americans not for Chinese as an example. Cars made in America by Americans not cars made by Mexicans in Mexico.

Good gosh, how in the hell does some not get that Originally Posted by Chase7

Yeah, you don’t even need to get past Econ 101 to figure that out.

Trumps point on tariffs is to make manufacturing in others countries move back to America.
Jobs form Americans not for Chinese as an example. Cars made in America by Americans not cars made by Mexicans in Mexico.

Good gosh, how in the hell does some not get that Originally Posted by Chase7

We know that doesn't happen overnight. There are also cost implications the labor may not be offset.

So again. How do you address the potential inflationary effects of the tariffs? Short, medium and long-term?

What about the indirect impact of retaliatory tariffs

India and China makes the majority of our prescription drugs. Why would anyone be fine with that.
Retaliatory terrace. Last years China trade deficit was 280 billion. China makes 66% of the batteries for Obama’s electric car mandate. Yes obama was the puppet master over Biden.
Again, why would anyone be fine with Obama’s electric car mandate be a financial plus for an adversary.

May I add concerning inflation. 2% under Trump 10% under Biden/Obama.

On and on, ok.

You're talking around the issue and trying to skip to the end.

What would the immediate impact of the tariff be?

Would implementing the tariff lead to India continuing to manufacture the drug?

Or would that shift to another low cost location before it comes back to the U.S.? Would the tariff chase production until it came home?

And hypothetically, what would happen if India retaliated with a proportional tariff on our 2 highest agriculture exports?

In the meantime, what are the impacts to the U.S. consumer?

Looking for some details, not talking points. Where's Lusty?

Bla Bla Baa. It’s not that complicated. A even trade balance is what is fair. If you are doing a trade imbalance helping a country in need, that’s a different circumstance

We're not talking about trade balance. We're talking about the tariff plan and impact to the U.S. consumer until, at some point that may not even happen, those jobs come back to the U.S.

You would have been better off taking the "bluff or bait to force a comprehensive negotiation" option than just jump to vague trade imbalance talking points

Anything you want to borrow from here? It's paywalled. They have good stuff
https://foreignpolicy.com/2024/11/06...economy-china/

How about this one? It's free
https://www.piie.com/research/piie-c...household-over

Also free
https://taxfoundation.org/research/a...biden-tariffs/