Tariffs for everyone!

Started by Smit, October 17, 2024, 07:19 AM

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YoDoug

Quote from: Jim at Gentex on October 17, 2024, 09:31 AMThis may seem trivial, but it could be VERY telling when the whole country votes officially. 

You mean actual legal voters, or dead, illegal aliens, and general random truckloads of mail-in-ballots that have only the single vote for Harris ticked?
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"In all my years here and on the old forum I have heard, and likely said, some pretty unhinged stuff. But congrats, you're the new leader in clubhouse."  - ghuns, 6/06/2025

neurosis

Quote from: YoDoug on October 17, 2024, 09:32 AMThe general talking point is Trump bad. When pressed to offer a solution, turn it to Trump bad instead. Avoid intellectual conversation, use emotionally triggering language. Example, the MN Dems have signs all over southern MN saying "Save Social security and Medicare, Vote Democrat". they won't actually talk about their plans to do so, or how  they feel any opposition plan will destroy them. Only simply to elicit fear in their voters.

John Micklethwait (who I don't think you could call a liberal, maybe a centerist?) tried to have an intellectual conversation with Trump about Tariffs.  The conversation amounted to Trump saying "Tariffs good, you're wrong" with a few anecdotes mixed in. Micklethwait tried to get in to the weeds a bit and it went nowhere. You get the impression that Trump thinks it's the other Country that pays for the tariffs and wouldn't even acknowledge the cost to the American people. Making that point (it will cost US consumers) isn't a talking point.

I'm not necessarily opposed to tariffs.  I'd like to know how much this is going to end up costing me at the end of the year and if it's going to have the intended affect?   

I'll go back to being a conservative, when conservatives go back to being conservative.

Smit

#17
Quote from: beej on October 17, 2024, 09:14 AMthis is an honest question, I don't mean it to be a gotcha question, but why do democrats complain about charging tariffs on big corporations, which are a tax, and complain about tax cuts for the same corporations?

The other thing I wonder about is this: Unions have been begging for these tariffs for years and fought hard against the free trade agreements. Now that Trump has done it, I'm surprised that democrats, like yourself, aren't all in on the idea?  It just seems to me, that if anything, you'd be a frustrated at the democrats because it was a republican who did it, instead of the democrat politicians that the unions pushed to get elected.

They're putting tarrifs on the same companies they're giving tax cuts to? Please post a link to that.

As stated earlier, tariffs are a tool that can level the playing field between countries, or between businesses. They can also cause cost increases similar to inflation. Unintended consequences.

Quite a few years ago our government put a tariff on imported cars to make the price of American cars more attractive. Well surprise, American car manufacturers raised their car prices to make more money. Why wouldn't they?

Trump appears to me to be telling everybody about the tariffs he's going to impose like they're a magic formula to grow the economy. Is it a good idea? We're going to need a lot more details before we can even begin to know that.

beej

Human pride weighed you down so heavily that only divine humility could raise you up again. ~Augustine of Hippo


Jim at Gentex

Quote from: Smit on October 17, 2024, 09:45 AMTrump appears to me to be telling everybody about the tariffs he's going to impose like they're a magic formula to grow the economy. Is it a good idea? We're going to need a lot more details before we can even begin to know that.


I don't believe he ever said they were THEE magic formula, but they are ONE tool that COULD help overall economic growth.
"Never argue with idiots.
They will drag you down to their level and beat you with experience." - Mark Twain

"Just because I don't care doesn't mean I don't understand." - Homer Simpson

YoDoug

Quote from: neurosis on October 17, 2024, 09:42 AMJohn Micklethwait (who I don't think you could call a liberal, maybe a centerist?) tried to have an intellectual conversation with Trump about Tariffs.  The conversation amounted to Trump saying "Tariffs good, you're wrong" with a few anecdotes mixed in. Micklethwait tried to get in to the weeds a bit and it went nowhere. You get the impression that Trump thinks it's the other Country that pays for the tariffs and wouldn't even acknowledge the cost to the American people. Making that point (it will cost US consumers) isn't a talking point.

I'm not necessarily opposed to tariffs.  I'd like to know how much this is going to end up costing me at the end of the year and if it's going to have the intended affect?   



First, I don't think anybody that is actually centrist would be allowed to stay on Bloomberg's payroll. As for Trump, I don't think he is a genius by any means. I don't think he is stupid either. I didn't watch the interview so I can't speak to trumps answers. I also understand how Trump plays the game of narrative. He often takes a more hardline verbal narrative than he ends up doing/supporting in the end. I think it is a negotiating tactic. Trump spoke much more bullish on China relations while he was in office compared to what he actually did. The result was a shrinking trade deficit.

I agree with you that I am cautious about over use of tariffs, same as over taxation. It is though a case by case situation. You can't just say all tariffs are bad or good just because it's not your party proposing them.
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"In all my years here and on the old forum I have heard, and likely said, some pretty unhinged stuff. But congrats, you're the new leader in clubhouse."  - ghuns, 6/06/2025

beej

Quote from: Smit on October 17, 2024, 09:52 AMYes, and you say he's going to put tarrifs on them also?

trying to think how to simplify so that you get my point. If tariffs equal taxes, why are tariffs on fortune 500 companies bad while tax cuts on fortune 500 companies also bad?

And my second point. Unions mostly equal democrats. Unions have historically wanted tariffs on imports to protect american jobs, Trump wants tariffs, why don't Democrats say on this we agree?
Human pride weighed you down so heavily that only divine humility could raise you up again. ~Augustine of Hippo

Smit

Who said tariffs equal taxes?

Not I.

And I guess you're suggesting Trump will put tariffs on companies that manufacture their goods in other countries?

Would that be good? Would that force those companies to move manufacturing here?

Maybe, if they were no longer competitive with a company already producing a similar product here.

History has shown that a tariff imposed on a good will result in an equal increase in price for consumers.

Del.

Quote from: Smit on October 17, 2024, 10:28 AMWho said tariffs equal taxes?

Not I.

And I guess you're suggesting Trump will put tariffs on companies that manufacture their goods in other countries?

Would that be good? Would that force those companies to move manufacturing here?

Maybe, if they were no longer competitive with a company already producing a similar product here.

History has shown that a tariff imposed on a good will result in an equal increase in price for consumers.

Of course we as Americans could just not buy their products. Anyone else make tractors and such here in the USA

Jeff

Quote from: YoDoug on October 17, 2024, 09:34 AMYou mean actual legal voters, or dead, illegal aliens, and general random truckloads of mail-in-ballots that have only the single vote for Harris ticked?
Notice how dumbsmit put the crazy emoji for your reply like it's not the truth.
Just ask the governor of Virginia. The DOJ is suing him because he won't let non-citizens vote.
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neurosis

Does anyone know if the last round of Trump tariffs had a positive or negative effect?

Has anyone other than Trump predicted that his new tariff proposals would be beneficial? 
I'll go back to being a conservative, when conservatives go back to being conservative.

Jim at Gentex

#27
Quote from: Smit on October 17, 2024, 10:28 AMWho said tariffs equal taxes?


Kamala Harris, during the debate with Trump.

Quote"in effect, a national sales tax on everyday products and basic necessities"

This shows her complete lack of understanding on the subject, while also inciting more unfounded fear and falsely misrepresenting Trump's position.  :no: 

More 'turning the page'?
Forbes magazine:
QuoteWhile Harris is now attacking Trump's tariff proposal, the Biden administration has largely kept Trump-era tariffs in place, and announced some new tariffs against Chinese imports in May that affect $18 billion worth of goods, blaming "China's unfair trade practices." (Trump's proposed blanket tariffs on China would affect more than $400 billion worth of imports.)

"Never argue with idiots.
They will drag you down to their level and beat you with experience." - Mark Twain

"Just because I don't care doesn't mean I don't understand." - Homer Simpson

beej

Quote from: Smit on October 17, 2024, 10:28 AMWho said tariffs equal taxes?

Not I.

And I guess you're suggesting Trump will put tariffs on companies that manufacture their goods in other countries?

Would that be good? Would that force those companies to move manufacturing here?

Maybe, if they were no longer competitive with a company already producing a similar product here.

History has shown that a tariff imposed on a good will result in an equal increase in price for consumers.

Really?

https://www.trade.gov/import-tariffs-fees-overview-and-resources

QuoteA tariff or duty (the words are used interchangeably) is a tax levied by governments on the value including freight and insurance of imported products. Different tariffs applied on different products by different countries.
Human pride weighed you down so heavily that only divine humility could raise you up again. ~Augustine of Hippo

beej

Quote from: Smit on October 17, 2024, 10:28 AMAnd I guess you're suggesting Trump will put tariffs on companies that manufacture their goods in other countries?


I'm not suggesting it, Trump is.
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Human pride weighed you down so heavily that only divine humility could raise you up again. ~Augustine of Hippo