Mr. Trump idea of 10 to 20% general tariffs

What tariffs are you referring to and how do they protect our native industries?

Do you support Trump’s plan for across the board tariffs on foreign goods?

What do you think the result will be if those across the board tariffs are instituted? Originally Posted by txdot-guy

My take on tariffs is they will support domestic manufacturing.
As manufacturing in the US has dwindled, we may be less competitive than manufacturers in China for example and so costs domestically may go up initially.
But we're also very large, and have a pool of laid-off manufacturing people to draw on besides new workers and so with growth and scale efficiencies would come.
Additionally more Americans will have more jobs, so net what I see is more economic activity domestically.
While the redevelopment of our industries may take time, tariffs would subsidize them and our national purse.
That's the overall picture.

For many reasons in the past the US has tolerated/ countenanced tariffs that our allies would put on our goods, but now the time has come for that to change.
We're not a major exporter of cars, Japan is, China will be:
They achieved these feats not just due to being a smart and hard working people, but also due to mercantilist policies and tariffs are a component of following a similar path.

Tariffs have been in use historically, so certainly the precedent is there.
As far as across the board?
It probably won't be. We're unlikely to be a massive luxury goods exporter any time soon for example, so it may be on a market segment basis.. airplanes, cars, chips etc.

Not sure if I've addressed all your questions, but this is my take on the matter

...Do you support Trump’s plan for across the board tariffs on foreign goods?... Originally Posted by txdot-guy

Never heard of it. Got a credible source for that?

So you were exempt from the Biden-Harris quagmire economy and think you'll find a Free Coupon this go 'round as well?!? Originally Posted by Why_Yes_I_Do

Honestly, I’m pretty exempt from any of those kind of issues. I do feel for others that high pricing negatively effects though. I’m good with prices skyrocketing as long as people get to see that Trump’s economic policies are bad.

Anyone that thinks general tariffs of 10 to 20% are not going to be harmful is likely mistaken.



Mr. Trump thinks they will be a benefit. Or maybe it was just a campaign ploy to get elected, as he was saying taxes can be reduced as a result.



As Congress is entirely controlled by Republicans, there is no way to stop this from happening unless some Republicans have enough backbone to stand up to Mr. Trump, and show him the historical results of a policy like this.

...As Congress is entirely controlled by Republicans... Originally Posted by VitaMan

I can listen to that all day long and for at minimum, the next 2 years.

Any discussion about the tariffs ? Or are you just posting jibberish ?

Any discussion about the tariffs ? Or are you just posting jibberish ? Originally Posted by VitaMan

I was responding to your gibberish whilst waiting on your answer to the question I posted in item #17 above. To be fair, I was responding to another poster, but it's the same question i would ask of the OP:

...Now his idea is to impose a 10 to 20% general tariff on imported goods... Originally Posted by VitaMan

Like I said there, never heard of it. Got a credible source for it?

You haven't heard of Mr. Trump proposing general tariffs of 10 to 20% ? There is plenty of news about that.

You haven't heard of Mr. Trump proposing general tariffs of 10 to 20% ? There is plenty of news about that. Originally Posted by VitaMan

Then one should have an abundance of credible sources for that to readily share. Seems both easy and peasy, especially for a topic that has been in place in the US since about 1789. BTW: The phenomenon known locally as Tariffs is not unique to The USA. Ever hear tell of WTO?