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Big Beautiful Tariffs


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2025 Feb 27, 9:20pm   5,552 views  269 comments

by Misc   ➕follow (3)   ignore (2)  

Trump negotiated with the Prime Minister of Canada and the President of Mexico for them to assist in cracking down on Fentanyl entering the US. He postponed the 25% tariffs on goods entering the US from these countries for a month.

In Canada the government with its controlled media, whipped up Canadians into an anti-American frenzy. They pushed not buying US products, booed the US national anthem and even had its hockey team attack the US team. Nothing happened to deter the Fentanyl. Whay do you think is going to happen now that the month is up ????

In Mexico, there was a push for cartel friendly laws and a prohibition on using GMO corn (an American product). What the fuck do you think is going to happen ???

Their respective currencies are going to look like toilet paper and that's just the start.

For China. They didn't do anything about the Fentanyl, so they get an extra 10% tariff with the thought of more to come if they don't get a move on.

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242   RWSGFY   2025 Apr 30, 10:01am  

AD says

But even if only 50% is accomplished its still an improvement


Not necessarily. The collateral damage might offset any improvements and even move the needle way lower. The "what to do" goes hand-in-hand with "how to do it".
243   AD   2025 Apr 30, 10:37am  

RWSGFY says

For example in case of Apple the 500B announced was before the botched BBF rollout, was not for labor-intensive stuff like iphones, but for highly automated manufacturing of servers. So they will
employ maybe 300 guys. Maybe.


What about the direct employees of that plant such as maintenance workers ? do they count toward manufacturing jobs ?

Obviously service workers like the trash company employees that empty the dumpsters for that building are not counted towards manufacturing jobs
.
244   RWSGFY   2025 Apr 30, 11:14am  

AD says

RWSGFY says


For example in case of Apple the 500B announced was before the botched BBF rollout, was not for labor-intensive stuff like iphones, but for highly automated manufacturing of servers. So they will
employ maybe 300 guys. Maybe.


What about the direct employees of that plant such as maintenance workers ? do they count toward manufacturing jobs ?

Obviously service workers like the trash company employees that empty the dumpsters for that building are not counted towards manufacturing jobs
.


No idea. Do they?
245   RWSGFY   2025 Apr 30, 11:17am  

WWRD:

Reagan took a bold step to protect U.S. auto manufacturing during the 1980s. He negotiated a *voluntary export restraint (VER)* with Japan, limiting the number of Japanese cars imported into the U.S. for four years. This gave American automakers time to retool and adapt to the competition. The policy also encouraged Japanese automakers to invest in U.S.-based assembly facilities, creating jobs and boosting the economy


Cat - skinned, collateral damage - minimal.
246   AD   2025 Apr 30, 11:21am  

RWSGFY says

WWRD:


Reagan took a bold step to protect U.S. auto manufacturing during the 1980s. He negotiated a voluntary export restraint (VER) with Japan, limiting the number of Japanese cars imported into the U.S. for four years. This gave American automakers time to retool and adapt to the competition. The policy also encouraged Japanese automakers to invest in U.S.-based assembly facilities, creating jobs and boosting the economy


Cat - skinned, collateral damage - minimal.


Yes, and foreign companies are investing more in the USA manufacturing sector like Hydudai Steel and Taiwan Semiconductor.
247   AD   2025 Apr 30, 12:30pm  

non organic bananas at Walmart Front Beach Rd were 49 cents and now are 54 cents a pound and I wonder if this is due to weakened dollar as much as the 10% Trump tariff on any import

==============================================================

https://www.cbsnews.com/news/china-exports-to-us-drop-sharply/

U.S. import duties on Chinese products now stand as high as 145%. China, meanwhile, has hit back with 125% tariffs on U.S. products.

At the Port of Los Angeles, which, along with the Port of Long Beach, receives roughly 40% of all imports from Asia, shipments last week were down 10% compared with the same period one year earlier. That number is expected to keep falling.

"We are now beginning to see the flow of cargo to the Port of Los Angeles slow," Port of Los Angeles executive director Eugene Seroka said at a Los Angeles Board of Harbor Commissioners meeting on April 24. "It's my prediction that in two weeks time, arrivals will drop by 35%," he added.
248   AmericanKulakMaximumTrumper   2025 Apr 30, 12:35pm  

Great @AD, this also weakens the Communist Radical Longshoreman's Union.

Domestic Manufacturing and Expansion benefits American Truckers who are generally 110% Pro-America.

So this has political benefits; weakens enemy unions and rival nations while strengthening indies and companies that are pro-America.

Win-Win for America. Lose-Lose for Rivals and Socialists and ESG financiers.
249   Patrick   2025 May 1, 8:32am  

https://financialpost.com/news/trump-challenge-tariffs-senate


Donald Trump barely repelled a challenge to his global tariff offensive in the Republican-controlled U.S. Senate as the president’s trade policy stokes public fears of inflation and recession.

The Senate tied 49-49 in a Wednesday vote on a resolution to end the barrage of import taxes the president announced earlier this month on China and most other U.S. trading partners.

Republicans immediately pivoted to a procedural motion to effectively kill the measure, a move that required Vice President JD Vance to cast the tie-breaking vote. ...

Three Republican senators crossed party lines to join all Democrats in supporting the resolution. The resolution’s impact would have been primarily symbolic since Trump had vowed to veto it anyway. ...

The Senate earlier this month passed a resolution to eliminate tariffs Trump announced in February against Canada, though the president also said he would veto that measure if it reaches his desk.

McConnell and Whitehouse supported that resolution, as did the three Republican senators who voted on Wednesday to end the global tariffs: Rand Paul of Kentucky, Susan Collins of Maine and Lisa Murkowski of Alaska.



me: How can the Senate even try to block Trump's tariffs? I thought tariffs were the president's prerogative.

AI answers:


Under the U.S. Constitution (Article I, Section 8), Congress has the power to: "lay and collect Taxes, Duties, Imposts and Excises"

That includes setting tariffs. So Congress, not the President, has the explicit authority to impose or regulate tariffs.

In practice, Congress has delegated broad trade powers to the President through a series of laws, including:

Trade Expansion Act of 1962 (Section 232): lets the president impose tariffs for national security reasons.
Trade Act of 1974 (Section 301): lets the president respond to unfair foreign trade practices.
International Emergency Economic Powers Act (IEEPA): allows tariffs or restrictions in declared emergencies.

These laws gave presidents — including Trump — a lot of discretion to act unilaterally on tariffs.
251   stereotomy   2025 May 1, 8:25pm  

What is not mentioned (couldn't quote the post - it was "too large" even though it was a single image) is that the Trump exempted bullion from the tariffs - that's why gold went from over $3500 now down below $3300. It was a run up against the perception that gold bullion would be subjected to tariffs.

Major mainstream media fail #1,000,000+
252   MolotovCocktail   2025 May 1, 8:49pm  

stereotomy says


What is not mentioned (couldn't quote the post - it was "too large" even though it was a single image) is that the Trump exempted bullion from the tariffs - that's why gold went from over $3500 now down below $3300. It was a run up against the perception that gold bullion would be subjected to tariffs.

Major mainstream media fail #1,000,000+


Keith Weiner is founder & CEO of Monetary Metals. They handle gold and silver bullion transacrions all the time.

So I am guessing your info is what isn't correct. Or, Trump's exemption is rather recent.
253   Patrick   2025 May 2, 7:06am  

https://ground.news/article/us-payroll-growth-totals-177-000-in-april-topping-expectations


American employers added 177,000 jobs in April 2025, surpassing economists' expectation of 135,000 new jobs according to the Labor Department report released on Friday.
254   AmericanKulakMaximumTrumper   2025 May 2, 10:01am  

Anybody else NOTICE that the one thing that really animated RAND PAUL to get off his ass and do something in the Senate was an explicit, original Constitutional Tax?

I'm noticing a lot about Libertarians these days.
255   HeadSet   2025 May 2, 5:25pm  

AmericanKulak says

I'm noticing a lot about Libertarians these days.

A canon of Libertarianism is the free flow of capital and people across borders. I would expect a Libertarian to be for open borders and no tariffs.
256   AmericanKulakMaximumTrumper   2025 May 2, 7:48pm  

HeadSet says


A canon of Libertarianism is the free flow of capital and people across borders. I would expect a Libertarian to be for open borders and no tariffs.

Yep, and Anti-MAGA.

Private Property borders inviolate; National borders F that, and get more upset over an avoidable tax on goods origin than a mandatory-or-punishment tax on income.
257   Fortwaye   2025 May 2, 7:53pm  

Tariffs so far been huge fail. markets panicked, Trump cancelled tariffs. it’s not going anywhere.
258   Misc   2025 May 3, 1:03pm  

Fortwaye says


Tariffs so far been huge fail. markets panicked, Trump cancelled tariffs. it’s not going anywhere.


Over $17 billion collected for April alone and more tariffs kicked in in May.
259   AD   2025 May 3, 1:07pm  

Misc says

Over $17 billion collected for April alone and more tariffs kicked in in May.


Birdbrain Biden's deficits for 2023 and 2024 were $1.6 trillion and $1.9 trillion.

I hope Trump can show for 2025 that the deficit is not greater than $1.9 trillion as it would be the first time since 2000 that the deficit did not increase (adjusted for inflation).

All this fury and I wonder if Trump is just waiting for the dust to settle so he can show improvement over Biden by next January.

He is willing to take the public opinion criticism now and may just be set on showing even in his first year he can noticeably help improve the country.
260   Fortwaye   2025 May 3, 5:16pm  

Misc says


Fortwaye says


Tariffs so far been huge fail. markets panicked, Trump cancelled tariffs. it’s not going anywhere.


Over $17 billion collected for April alone and more tariffs kicked in in May.



that’s a drop in a bucket, we need to replace taxes and cut spending… we can’t right now either.

we are in debt and our spending need as to drop a ton to not go off the cliff
261   Misc   2025 May 3, 5:36pm  

Fortwaye says

we are in debt and our spending need as to drop a ton to not go off the clif


Yep, Trump is gonna try to go from the Federal deficit at 6% of GDP down to it being 3% of GDP over the course of 4 years. -- This the liberals call radical.
262   WookieMan   2025 May 3, 5:51pm  

Misc says

Yep, Trump is gonna try to go from the Federal deficit at 6% of GDP down to it being 3% of GDP over the course of 4 years. -- This the liberals call radical.

It's radical because they won't do it and won't get credit for it. So they'll cock block budgets, cuts and tax decreases. I'm talking about the liberals.

Trump has had 4 years to plan this out. He didn't even do the primary, sat that out. One debate with Biden and he's out. Kamala was a joke. He's going hard early and hoping for results Q1 next year.
263   MolotovCocktail   2025 May 3, 7:36pm  

WookieMan says

He didn't even do the primary,


WTF are you talking about?

He was on all of them. Only lost in two.

https://en.m.wikipedia.org/wiki/2024_Republican_Party_presidential_primaries
264   WookieMan   2025 May 3, 9:34pm  

MolotovCocktail says

WookieMan says


He didn't even do the primary,


WTF are you talking about?

He was on all of them. Only lost in two.

https://en.m.wikipedia.org/wiki/2024_Republican_Party_presidential_primaries

I meant debates. My mistake. Theoretically he didn't really involve himself much in the primary process outside of getting on the ballots was the point. He didn't really get all that public until being named the nominee.
267   AmericanKulakMaximumTrumper   2025 May 8, 11:41am  

Trump signs Trade deal with one of our major trade partners across all time and as G-7 member one of the wealthiest countries in the world, the United Kingdom


Italy next?
268   SunnyvaleCA   2025 Jun 6, 3:13pm  

AD says

I hope Trump can show for 2025 that the deficit is not greater than $1.9 trillion as it would be the first time since 2000 that the deficit did not increase (adjusted for inflation).

Based on Trump 1.0, I'm not encouraged. One might argue that it's up to the congress, but Trump seems to be willing to sign whatever turd he is given.
269   AmericanKulakMaximumTrumper   2025 Jun 11, 3:24pm  

It is accomplished.

55% Tariffs on CHYna, 10% on us.




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