Tariff Man and his tariff plan cause market plunges

It's interesting that you're cheering a tax increase on Americans and an increase on the cost of goods.

... As the tariffs surely continue to rake-in the cash! $$$$

... WINNING! ... ...

#### Salty Originally Posted by Salty Again

Yes, OUR cash. trump's tariffs are a tax on the American people. Period. He has you thinking that somehow that's not the case. He also loves the poorly educated.

China opened its markets for Brazil while our coffee prices go up.

Thank you, President Trump. Masterstroke of genius

https://amp.cnn.com/cnn/2025/08/06/a...fee-intl-latam

Yes, OUR cash. trump's tariffs are a tax on the American people. Period. He has you thinking that somehow that's not the case. He also loves the poorly educated. Originally Posted by tommy156

why do keep making this incorrect or at least inaccurate argument? tariffs affect consumers on both sides. why do nations tariff the US? to protect their native industries and companies. if this is "good" for them to do so why is it bad when the US does the same?


Trump is right, tariffs by other nations have been one-sided and biased against the US for decades. it's a topic that has been discussed for decades by both parties and because Trump is actually doing something about it, it's wrong?


nonsense.


if you have to pay 25 cents more for a coffee at MickyD's to open up more exports by the US and help US business compete explain why that's a bad thing.

why do keep making this incorrect or at least inaccurate argument? tariffs affect consumers on both sides. why do nations tariff the US? to protect their native industries and companies. if this is "good" for them to do so why is it bad when the US does the same?

Trump is right, tariffs by other nations have been one-sided and biased against the US for decades. it's a topic that has been discussed for decades by both parties and because Trump is actually doing something about it, it's wrong?

nonsense.

if you have to pay 25 cents more for a coffee at MickyD's to open up more exports by the US and help US business compete explain why that's a bad thing. Originally Posted by The_Waco_Kid

Please tell me how a fifteen percent tax on imported goods from everyone in the world is supposed to bring back manufacturing to the United States?

The problem is not the tariffs in general but the misguided belief that somehow we’re going to have some kind of manufacturing revolution that will bring us back to the eighties. I’m sorry but labor costs overseas are so low that the US will never be able to match them. And placing tariffs on the raw materials and sub components we need to produce the goods we already manufacture doesn’t make sense either.

The tariffs we get from the Trump administration will do nothing but degrade the buying power of average Americans.

Feel free to let me know when we don't have to import coffee beans en masse and start growing all our coffee in the USA

The Brazil tariffs aren't about trade imbalance, per Trump. This one's political. A tax increase on one of the most popular products in America. That will surely get us to buy American beans, right?

And this is great news for those who invest in a great American brand, yes?

https://fortune.com/2025/08/06/starb...offee-tariffs/

Please tell me how a fifteen percent tax on imported goods from everyone in the world is supposed to bring back manufacturing to the United States?

The problem is not the tariffs in general but the misguided belief that somehow we’re going to have some kind of manufacturing revolution that will bring us back to the eighties. I’m sorry but labor costs overseas are so low that the US will never be able to match them. And placing tariffs on the raw materials and sub components we need to produce the goods we already manufacture doesn’t make sense either.

The tariffs we get from the Trump administration will do nothing but degrade the buying power of average Americans. Originally Posted by txdot-guy

nonsense partisan anti-trump demagoguery at it's finest.

how exactly does new tariff revenue by more fair and balanced trade hurt America? can you show that to be true?


let me ask you this .. is paying 50 cents more for a cup of coffee to American consumers worth gaining several dollars in US profit on our exports?


explain why Trump's new tariffs are adding BILLIONS monthly to the US and why that's a bad thing. it isn't. it's only because Trump is doing it that you oppose it simply because Trump IS DOING IT


bahahaha

explain why Trump's new tariffs are adding BILLIONS monthly to the US and why that's a bad thing. it isn't. it's only because Trump is doing it that you oppose it simply because Trump IS DOING IT


bahahaha Originally Posted by The_Waco_Kid

You are incorrect in your assessment. Those BILLIONS monthly you are referring to are not being paid by the seller. They are being paid by the consumer. In this case the consumer is American business owners and the people they sell their products to.

The only real way to adjust our trade imbalance with other countries is to devalue the dollar and I’m not a big fan of making America poorer on the world stage.

You are incorrect in your assessment. Those BILLIONS monthly you are referring to are not being paid by the seller. They are being paid by the consumer. In this case the consumer is American business owners and the people they sell their products to.

The only real way to adjust our trade imbalance with other countries is to devalue the dollar and I’m not a big fan of making America poorer on the world stage. Originally Posted by txdot-guy

even CNN doesn't believe you


Trump’s tariffs are bringing in tens of billions of dollars a month. What’s the government doing with all that money?

https://www.cnn.com/2025/08/06/econo...tariff-revenue


Hardly a day goes by without President Donald Trump boasting about the record tariff revenue the US government has been collecting since he ratcheted up taxes on almost every imported good.



“We have a lot of money coming in, much more money than the country’s ever seen,” Trump said over the weekend, referring to tariff revenue.



Trump’s right: The US government collected nearly $30 billion in tariff revenue last month, according to the Treasury Department. That’s a 242% jump in tariff revenue compared to last July.



Since April, when the president began imposing a 10% tariff across nearly all goods, among several other steeper levies that followed, the government collected a total of $100 billion in tariff revenue, three times the amount collected during the same four months last year.



explain how this hurts America and the US consumer?


good luck with that

[B Trump’s tariffs are bringing in tens of billions of dollars a month. What’s the government doing with all that money?[/B]

https://www.cnn.com/2025/08/06/econo...tariff-revenue


Hardly a day goes by without President Donald Trump boasting about the record tariff revenue the US government has been collecting since he ratcheted up taxes on almost every imported good.

“We have a lot of money coming in, much more money than the country’s ever seen,” Trump said over the weekend, referring to tariff revenue.

Trump’s right: The US government collected nearly $30 billion in tariff revenue last month, according to the Treasury Department. That’s a 242% jump in tariff revenue compared to last July.

Since April, when the president began imposing a 10% tariff across nearly all goods, among several other steeper levies that followed, the government collected a total of $100 billion in tariff revenue, three times the amount collected during the same four months last year.

explain how this hurts America and the US consumer?

good luck with that Originally Posted by The_Waco_Kid

So, let’s see here. You admit that tariffs are a tax. I’ve highlighted it in red. The only question now is who is paying that tax?

Answer that question please and you will know who it’s hurting. Yes, the government collects more money in tariff revenue. Yes that money is paid by American business owners and American consumers.

https://archive.ph/tryLz
From the Forbes article archived at the link above.

[B Trump’s New Tariffs Could Cost Households $2,400 This Year, Analysis Finds[/B]
[I Published Jul 10, 2025, 04:43pm EDT[/I]

President Donald Trump’s latest tariff rollout is expected to result in higher prices for American consumers, a new Yale University analysis found Wednesday, projecting the president’s tariff policy could cost U.S. households an extra $2,400 this year should new tariffs on copper and on foreign countries’ goods take effect and stay in place.

So, let’s see here. You admit that tariffs are a tax. I’ve highlighted it in red. The only question now is who is paying that tax?

Answer that question please and you will know who it’s hurting. Originally Posted by txdot-guy

never said they weren't. will you say they are a tax on both sides of the issue?


they are and all sides pay it


yes?

Modi not signaling he'll cave

https://www.newsweek.com/india-naren...ariffs-2110024

You are incorrect in your assessment. Those BILLIONS monthly you are referring to are not being paid by the seller. They are being paid by the consumer. In this case the consumer is American business owners and the people they sell their products to.

The only real way to adjust our trade imbalance with other countries is to devalue the dollar and I’m not a big fan of making America poorer on the world stage. Originally Posted by txdot-guy

This is why trump loves the poorly educated. The things he gets his MAGAs to believe (and repeat to others) are stunning.

in reality- wholesalers pay more and keep less. Consumers get same and pay more. the net-net is that companies in AMERICA are the ones paying these tariffs and thus means overall less profits and likely less consumption at some point on goods that become simply overpriced from demand. It could happen in almost all goods. Sadly - things like bananas and raw earth materials. aluminum, tungsten etc;

Here's a partial list of things that CANNOT be produced locally so there is no way to create a fair market price via tariffs or barriers to entry. Simply put- they will just cost more because DJT didn't really think any of this through and congress abdicated it's responsibilities to impose tariffs.

Goods requiring specialized raw materials or climatic conditions
Minerals, fuels, and oil: Many countries lack sufficient domestic reserves of certain minerals or rely on specific geological formations found elsewhere for fuel sources like oil and gas.

Tropical fruits and vegetables: Countries like the US, due to their climate, cannot easily or economically grow tropical produce such as bananas or cocoa beans, making reliance on imports from countries like Ecuador and Cote d'Ivoire necessary.

Specific agricultural products: Certain crops like coffee beans may only be grown efficiently in specific regions due to soil or climate requirements, necessitating imports from countries like Brazil and Colombia.
Goods with established foreign manufacturing or specialized expertise

Machinery and electrical machinery: These categories are consistently among the largest US imports and are often sourced from countries like China, Mexico, and Japan, reflecting the established manufacturing base and technological expertise in these nations.

Specialized products with established foreign expertise: Examples include precious metal watches from Switzerland and pianos from Japan, indicating the historical development of specialized production within these countries.

Pharmaceuticals and medical equipment: The US imports these products from various countries, demonstrating reliance on global research, development, and manufacturing capabilities in the healthcare sector.
Goods where cost-effectiveness and economies of scale drive imports

Labor-intensive goods: Products like clothing, footwear, and furniture are often imported from countries with lower labor costs, making domestic production less competitive.

Goods requiring massive scale of production: Items like smartphones involve a complex global supply chain and rely on economies of scale that cannot be replicated through local, smaller-scale production.

Off-season produce: Imports of certain fruits and vegetables allow consumers in countries like the US to enjoy them year-round, as domestic production may only be possible during certain seasons.


There are certainly more- but in the end- consumers pay the cost of tariffs, and countries are able to impose the same or more to our exports. Free market trading is a much better system overall, and while things like cheap Chinese steel that is subsidized by the government of China, could be a good reason for a tariff, the rest are just bluster and nonsense. Will it force production of goods to America and provide jobs- that's a maybe. Some companies are moving final assembly of goods here, which means bypassing trade restrictions / tariffs in some cases, but others are reciprocating the tariffs and some are simply going to eliminate doing business here. Fucking Canada is telling us to pound sand. Even their tourism dollars are going somewhere else. - so they are speaking with their money and thus turning up the heat on local government representatives, now and in the near future.

Will it stop- not likely since our country is a land based on consumption- which is great for every export nation. Bad for us, because we are gluttonous and have no "off-switch" when it comes to purchasing. Hell - Trump is an exact replica of what over consumption is by his action, his language, and his waistline.

I love how MAGAs act like they're personally getting rich because of this tariff revenue. Lol.

trump's tariffs are bRiNgiNg iN 50 BiLLiOn a MoNtH

Yeah, but now you're paying more for the same products than you were last year, Skeeter.

It should be illegal to be this stupid.