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re: breaking: Trump puts 25% tariff on Colombia, bans travel, sanctions their banking sector
Posted on 1/26/25 at 4:48 pm to shinerfan
Posted on 1/26/25 at 4:48 pm to shinerfan
quote:
The word fey is so underused as a perjorative.
Seriously just went and looked it up.. definitely gonna need to work it in somewhere now
Posted on 1/26/25 at 4:52 pm to Deacon
quote:
According to Rubio, Colombia gave authorizations then rescinded them while the flights were in the air.
This is completely unsurprising to everyone except SFP.
Posted on 1/26/25 at 4:52 pm to shinerfan
quote:
That's so fey, man.
Posted on 1/26/25 at 4:53 pm to TigersHuskers
quote:
Have to admit this is one of the better melts I've seen on here by an individual poster.
Probably his time of the month..
Posted on 1/26/25 at 4:57 pm to RogerTheShrubber
quote:
Mercantilism is Trumps platform, its an ancient ideology that fell apart around the turn of the last century.
LOL mercantilism has not fell apart. It is absolutely essential for a thriving economy and also for a nation to thrive globally. This one made me laugh a lot.
quote:
Its collective, where the wealth of a nation determines success, not the wealth of the people.
Well yeah for the most part a nation needs to be wealthy or at least competitive in order for capitalism to work in a nation. Roger what you have missed in your studies (books that you read) is that supply and demand are unilateral locally and globally. Without one you cannot have the other. If you cannot compete then capitalism fails for you.
Posted on 1/26/25 at 5:01 pm to Deacon
quote:
According to Rubio, Colombia gave authorizations then rescinded them while the flights were in the air.
So Pedro thought he would play chicken but pissed himself when the Trump tariff train came roaring down the tracks. Roger was shoveling coal as fast as he could.
Posted on 1/26/25 at 5:03 pm to HailHailtoMichigan!
Weird. Colombia closed its borders to Colombians in this case.
Posted on 1/26/25 at 5:05 pm to RogerTheShrubber
quote:
US companies have paid $46 billion more in tariffs than they would have without Trump’s tariffs,
So, when the U.S. imposes tariffs, the US consumer foots the bill, but when other countries impose tariffs, the burden is on the U.S. company and not the foreign consumer.
Fascinating.
This post was edited on 1/26/25 at 5:07 pm
Posted on 1/26/25 at 5:15 pm to Warboo
quote:
LOL mercantilism has not fell apart.
Absolutely has. Balance of trade is no longer important.
quote:
Mercantilism was an economic system of trade that spanned the 16th century to the 18th century. Mercantilism was based on the principle that the world's wealth was static, and consequently, governments had to regulate trade to build their wealth and national power.
Wealth is not static, balance of trade is irrelevant. In fact, wealthy nations will most likely have a negative balance.
Posted on 1/26/25 at 5:15 pm to agilitydawg
quote:
So, when the U.S. imposes tariffs, the US consumer foots the bill, but when other countries impose tariffs, the burden is on the U.S. company and not the foreign consumer.
Importer and end use customer always foot the bills.
Posted on 1/26/25 at 5:20 pm to RogerTheShrubber
Roger, just 1 question bc I'm not even sure why you're still arguing with people... what is it that Colombia exports to the US (besides criminals) that has you so concerned about a tariff?
This post was edited on 1/26/25 at 5:21 pm
Posted on 1/26/25 at 5:22 pm to terd ferguson
quote:
what is it that Colombia exports to the US (besides criminals) that has you so concerned about a tariff?
Its not just Columbia, its the greater trade war. Hes already said hes going to tariff the frick out of Canada, Mexico, China....
Its economic insanity. Its anti right wing, and an old Democrat payoff to labor unions.
Posted on 1/26/25 at 5:23 pm to terd ferguson
He doesn’t know and is googling right now
Yesterday he was worried about $10k electric vehicles from China
Yesterday he was worried about $10k electric vehicles from China
Posted on 1/26/25 at 5:23 pm to RogerTheShrubber
Roger, watching your decline has not been enjoyable.
Posted on 1/26/25 at 5:25 pm to RogerTheShrubber
I don't disagree, but your insistence that the U.S. will lose on all fronts on this matter seems disingenuous.
Back of the napkin math, my company receives 15% of its revenue by providing services to Colombians. It seemed evident to me that Colombia had been blustering from the beginning, and frankly, even if I have to shift to provide services for other clients from other countries, it is a small price to pay to control our borders.
I am not sure what your motivations in the argument are. Still, I cannot imagine what you view as a negative of this exchange given the resolution in a matter of hours and a broader audience of countries taking notes not to play games. China refused repatriation flights under Binden. I wonder how they are going to act now?
Back of the napkin math, my company receives 15% of its revenue by providing services to Colombians. It seemed evident to me that Colombia had been blustering from the beginning, and frankly, even if I have to shift to provide services for other clients from other countries, it is a small price to pay to control our borders.
I am not sure what your motivations in the argument are. Still, I cannot imagine what you view as a negative of this exchange given the resolution in a matter of hours and a broader audience of countries taking notes not to play games. China refused repatriation flights under Binden. I wonder how they are going to act now?
Posted on 1/26/25 at 5:25 pm to Rebel
Posted on 1/26/25 at 5:25 pm to Rebel
quote:
Roger, watching your decline has not been enjoyable
I've always thought you were a bit overselling your economic situation.
You've lumped yourself in with these economic retards.
quote:
.“Tariffs are the greatest thing ever invented,’’ Trump said this month in Flint, Michigan.
As president, Trump imposed tariffs with a flourish — targeting imported solar panels, steel, aluminum and pretty much everything from China.
“Tariff Man," he called himself.
This time, he's gone much further: He has proposed a 60% tariff on goods from China — and a tariff of up to 20% on everything else the United States imports.
If Obama had done this, you too would have been up in arms. Its horrid economics.
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