I am changing my opinion on Trumps tariffs

Trump's use of tariffs was to get the attention of US foreign trade partners for better trade deals, sometimes tariffs work pretty good at getting favorable trade negotiations other times each nation digs in their heels and the tariffs are ineffective and of little benefit for the people.

He's usig them as a starting point.

Leverage to get other countries to stop Fing us.

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Wall Street hates tariffs

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So do consumers, because ... inflation.

You a purveyor lol

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As a purveyor of imported goods
You raise my tariff I raise my prices

Its a tax on the consumers...period

Countries don't pay them not a dime (yuan)

But Trump knows business.....

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This is the correct answer.

Those tariffs have done nothing so far except cost the consumer more money. There's hard evidence of this.

Manufacturing jobs have been a net negative, for those of you who claim this is a 4-D plot to return manufacturing jobs to America.

Trump is simply wrong on the tariffs. He's part of the reason a loaf of bread costs what it does at the grocery store. He's not the only reason, but he's part of the reason.

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That’s autarky, and it has been thoroughly discredited for over 200 years.

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Only if your definition is 100% from some idealistic perspective. The US has plenty of natural resources to be much more self sufficent. As a matter of fact, the more globalize we have become, the more we have hurt the average American starting with GHWB and Clinton and their free trade BS; globalist puppets.

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China needs punishing to level that playing field, and Taiwan’s near monopoly on semiconductors is a problem.

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Short-term problems which could be easily addressed and actually was starting to be addressed under Trump's first term.

The US does not need the rest of the world economically, they need us. We should put America and Americans first, period.

Let's call them what they are: taxes. Trump is in favor of raising taxes and the burden will be borne by American consumers.

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Those tariffs have done nothing so far except cost the consumer more money. There's hard evidence of this.

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It was the Fourth Quarter of 2019…..

Right before the pandemic would hit a few months later, despite two years of doomsayer predictions from Wall Street’s professional punditry, all of them said Trump’s 2017 steel and aluminum tariffs on China, Canada and the EU would create massive inflation – it just wasn’t happening!

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Despite the efforts to remove and impeach President Trump, it did not look like middle class America was overly concerned about the noise coming from the pundits. Likely that’s because blue collar wages were higher, Main Street inflation was lower, and overall consumer confidence was strong. Yes, MAGAnomics was working.

Additionally, remember all those MSM hours and newspaper column inches where the professional financial pundits were claiming Trump’s tariffs were going to cause massive increases in prices of consumer goods?

Well, exactly the opposite happened [BLS report] Import prices were continuing to drop:

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Import prices dropped in 2019 because the People's Bank of China responded to Trump's tariffs with printing the Chinese Yuan which strengthened the U.S. dollar.


Now post your hard evidence that consumer prices increased due to Chinese tariffs of steel and aluminum.

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Selfishly it won't be good for the company I work for

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Tariffs are literally the rewarding of woke corporations at the expense of the working man.