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Tariffs

In my opinion, I believe the main purpose of the tariffs was to get financial, manufacturing, and contractual agreements that would bring back many jobs and trillions of dollars of investments this country from overseas.

It also had a unexpected secondary benefit in the Geo political landscape. I don’t believe many of us thought there would not be some short term discomfort.

It has definitely achieved both of those goals
 
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steel dino said:
In my opinion, I believe the main purpose of the tariffs was to get financial, manufacturing, and contractual agreements that would bring back many jobs in trillions of dollars of an investmentto this country from overseas.

It also had a unexpected secondary benefit in the Geo political landscape. I don’t think any people I don’t believe many of us thought there would not be some short term discomfort.

It has definitely achieved both of those goals
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Problem is that people have no patience. They expect Trump or any other politician to just roll up with a magic wand and fix everything in about 15 seconds because they said they would. Trump also doesn’t help himself when he says that prices will be lower on day one and stuff like that. It creates unrealistic expectations. There’s a poll on FoxNews that shows republicans and democrats are unhappy with the economy and a litany of other issues. It’s not great out there. Gas prices are better, but 10 grocery items shouldn’t cost $60 or $70. The shutdown didn’t help him either, regardless of who is to blame.
 
Sarge said:
Problem is that people have no patience. They expect Trump or any other politician to just roll up with a magic wand and fix everything in about 15 seconds because they said they would. Trump also doesn’t help himself when he says that prices will be lower on day one and stuff like that. It creates unrealistic expectations. There’s a poll on FoxNews that shows republicans and democrats are unhappy with the economy and a litany of other issues. It’s not great out there. Gas prices are better, but 10 grocery items shouldn’t cost $60 or $70. The shutdown didn’t help him either, regardless of who is to blame.
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The grocery prices are a legacy gift from Biden.

The people are not happy with the economy because the media tells them not to be. It's improving after the worst performance of the economy in a long time.

But, the media won't say that.
 
steel dino said:
In my opinion, I believe the main purpose of the tariffs was to get financial, manufacturing, and contractual agreements that would bring back many jobs and trillions of dollars of investments this country from overseas.

It also had a unexpected secondary benefit in the Geo political landscape. I don’t believe many of us thought there would not be some short term discomfort.

It has definitely achieved both of those goals
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Sure, for steel, pharmaceuticals, chips, etc that makes sense.

How does coffee, bananas or OJ fit in? Geopolitics or financial, manufacturing, contractual agreements?

C'mon man. Coffee started as a dumb tariff and was removed because it was dumb and harms Americans, just like bananas, OJ, etc.

The next round of tariff cuts will be more instructive, because there is clear evidence --- coffee tariff removed--- of dumb, pointless harm to American consumers.
 
Confluence said:
which country?

No, they cannot as its attached to coffee. They can choose coffee or not, like Covid shots or not.

Dude, free markets do not have tariffs attached willy nilly, at the whim of anyone. Check your terms.

No, it was put in place by Trump, then removed by Trump. How is that not governmental control? If water was tariffed, would you also suggest that water tariff is voluntary?
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I get it, we have different opinions on this tariff issue, but It seems to be more a semantics thing than real differences.
 
I don't know what coffee costs in Starbucks because I never go there. The coffee i buy used to be $12 for 36 Oz. Then it was $12 for 30 Oz. Then $14. Now its $20 for 30 Oz can.
 
MT~Forged said:
I get it, we have different opinions on this tariff issue, but It seems to be more a semantics thing than real differences.
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A stupid coffee tax is kinda similar to the the start of the Boston Tea thingy, right?

Semantics? Lol. Not at all.

Trump is losing people, especially young folks, because of dumbassery -- from him --- on many topics, like this.

He looks clumsy and vindictive at the same time, and some folks at the margin are getting tired of his narcissism.
 
Djfan said:
The grocery prices are a legacy gift from Biden.

The people are not happy with the economy because the media tells them not to be. It's improving after the worst performance of the economy in a long time.

But, the media won't say that.
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Markets and prices are still F'd up from Covid.
 
steel dino said:
In my opinion, I believe the main purpose of the tariffs was to get financial, manufacturing, and contractual agreements that would bring back many jobs and trillions of dollars of investments this country from overseas.

It also had a unexpected secondary benefit in the Geo political landscape. I don’t believe many of us thought there would not be some short term discomfort.

It has definitely achieved both of those goals
Click to expand...
Basically there are two kinds of tariffs.
Protective tariffs and revenue tariffs.
Protective tariffs are high because you want to protect your domestic business, level the playing field, and keep imports out.
Revenue tariffs are low because you WANT people to buy the imported product so that the govt makes money from it.
 
IndySteel said:
Drill baby, drill!
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This could have been done on day 1 of 47 and US gasoline and diesel prices would be lower today.

Keystone XL was torpedoed by both Bomma and Biden; Canadians have never not wanted this: straight crude oil supply into Cushing/Houston.

Nice to see the American president finally remove this100% American dumbassed bs.
 
Confluence said:
This could have been done on day 1 of 47 and US gasoline and diesel prices would be lower today.

Keystone XL was torpedoed by both Bomma and Biden; Canadians have never not wanted this: straight crude oil supply into Cushing/Houston.

Nice to see the American president finally remove this100% American dumbassed bs.
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The Dems have to appease their Greenie base.
 
March 31 (Reuters) - German ⁠automaker ⁠Mercedes-Benz said on ⁠Tuesday it will invest $4 billion at its Alabama plant through 2030 to boost SUV production ‌as it seeks to ‌address significant U.S. auto tariffs.
In total, ⁠luxury ⁠automaker Mercedes-Benz said it plans to invest more than $7 billion in U.S. operations in the coming years. The company is moving up to 500 jobs from various locations across the country into a new, ⁠state-of-the-art ⁠research and development hub ⁠in Atlanta.

Automakers face steep tariffs imposed by President Donald Trump on imported vehicles ⁠and parts.
Mercedes-Benz said last year it would shift production of its GLC SUV from Germany to Tuscaloosa, Alabama. In February, Mercedes said ⁠group operating profit more than halved to 5.8 billion euros ($6.9 ⁠billion) in part due to 1 billion euros in tariff costs.
Mercedes said U.S. passenger car sales rose by 1% to 303,000 last year.
Jason Hoff, Mercedes North America CEO, in a recent interview with Reuters, said the planned move of the GLC is ⁠in part because of tariffs.
Having localized production for the biggest volume products "just makes good business sense," said Hoff, citing the influence of tariffs.
 
Less intelligent people expect the tariffs to work overnight. And because they don’t…. “Trump doesn’t know what he’s doing”.
My thought is that perhaps mayor benefits from the tariffs will emerge after Tump is gone….and him receiving little or no credit for it from the left.
 
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How have tariffs affected anyone personally here? If they are as bad as some would have you believe shouldn't inflation be skyrocketing as a result and not hovering at less than 3%? For a while a can of Folger's was stupid at $20, but it's returned to half of that price. And if a foreign commodity reaches a price where I'm not comfortable with it, I simply won't buy it.
 
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