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re: Trump's section 301 tariffs were successful. The data proves it.
Posted on 3/11/24 at 9:13 am to lake chuck fan
Posted on 3/11/24 at 9:13 am to lake chuck fan
quote:
Trump's section 301 tariffs were successful. The data proves it.
This thread is a bat signal for I B Chinaman, who has probably already posted by the time I finish typing this.
Still, it's correct. Even today I see a lot of our resident "Never-Trump" crowd downplaying the effectiveness of the Trump tariffs, but the actual data has been undeniable all along. They worked, and brought manufacturing jobs back to America from overseas.
4
Posted on 3/11/24 at 9:17 am to TigerAxeOK
quote:
This is the textbook example of why tariffs are awful long term solutions. They create massive inefficiencies and open up black market opportunities.
Posted by Roger.
This is why using textbook basics isn’t used by economists. There is so many variables and other contributing factors involved in this situation.
quote:
Still, it's correct. Even today I see a lot of our resident "Never-Trump" crowd downplaying the effectiveness of the Trump tariffs, but the actual data has been undeniable all along. They worked, and brought manufacturing jobs back to America from overseas.
This is why Roger isn’t an economist with his completion or micro and macro I.
Posted on 3/11/24 at 9:19 am to TigerAxeOK
quote:
crowd downplaying the effectiveness of the Trump tariffs,
I't just costs me money. I am not competing with unskilled Chinese for work.
It cost you money too, but it might take a few years for you folks to understand why.
I am about to buy the hell out of some Chinese glass for firearm optics though and save thousands by not buying American.
I bet 80% of the people in this thread posting have the same chinese products. Tools, and optics.
This post was edited on 3/11/24 at 9:21 am
Posted on 3/11/24 at 9:26 am to TigerAxeOK
quote:
Still, it's correct. Even today I see a lot of our resident "Never-Trump" crowd downplaying the effectiveness of the Trump tariffs, but the actual data has been undeniable all along. They worked, and brought manufacturing jobs back to America from overseas.
No meaningful revival in manufacturing jobs occurred during his presidency. And the cost of his tariffs was borne almost entirely by American businesses and consumers.
These tariffs were a cheap act of political theater and a complete economic failure.
But they did help China, so maybe that was his plan all along??
Posted on 3/11/24 at 10:14 pm to TigerAxeOK
quote:
Still, it's correct. Even today I see a lot of our resident "Never-Trump" crowd downplaying the effectiveness of the Trump tariffs, but the actual data has been undeniable all along. They worked, and brought manufacturing jobs back to America from overseas.
yup
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