re: Countries starting to pull tariffs. It's almost as if Trump knows what he's doing :p

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That is the big question I have with all of this: the only way we could become a country that exports goods to many developed countries would be by making our people poorer and standard of living much lower

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Trumps economic plan using tariffs, tax incentives, and deregulation, as tools to attract investment in America is simple.
If folks want to access to the biggest consumer market in the world, America, they will need to move the manufacturing/production of thier goods to America. This will create jobs amd economic growth in America, which will help everyday Americans.

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the only way we could become a country that exports goods to many developed countries would be by making our people poorer and standard of living much lower.

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You sound VERY VERY concerned. Your framing is idiotic, but your concern seems VERY VERY concerny.

Duly noted.

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They are not "bending the knee", they are negotiating and making deals.

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lol no they're bending the knee. They've been fking us for decades and making bank, all on the dime of my taxes. So I can use whatever phrase I want.

I have a question tho.


If all the countries slash their tariffs with the expectation we will return the favor… how are we supposed to eliminate income tax by replacing it with external revenue.

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Pretty sure all of these were announced prior


Pretty sure your head is firmly inserted up your azz.

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no, I'm pretty sure he can fricking read. Can you? Did you even bother to read the fricking article, or were you too busy jacking off over the headline?

Headline:

"Multiple Nations Slash Import Duties on U.S. Goods"

Reality, in the text:

Israel: On Tuesday, Israel announced the cancellation of all remaining tariffs...

Vietnam: Vietnam has outlined plans to reduce tariffs on several U.S. products... In other words, not yet.

India: India is considering cutting tariffs on over half of U.S. imports,... Considering. In other words, they haven't cut shite yet.

Swiss Economic Affairs Minister Guy Parmelin emphasized that Switzerland has eliminated industrial tariffs...yes, as the poster you tried to shite on pointed out, this had already happened over a year ago.

So the "multiple" nations is actually a grand total of one at this point, Israel.

The guy you tried to shite on clearly isn't the one with his head up his "azz".

Announcing and doing are 2 different things

Calm down.

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I have a question tho.


If all the countries slash their tariffs with the expectation we will return the favor… how are we supposed to eliminate income tax by replacing it with external revenue.

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or bring back manufacturing?

I was thinking along the same lines.

I am guessing that the administration's economic plan will include tariffs for specific industries, regardless. Take Canada, for example; do they allow US agriculture to enter their markets to save their auto industry? Or do the auto tariffs stay on no matter what?

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They are not "bending the knee", they are negotiating and making deals.

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While I agree. This term came from the Trump opo.

I will not bend the knee!

The rights response to someone who then eventually caved is they bent the knee.

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I think there are some countries will do this because they're not going to actually buy US goods anyway because they will still be too expensive and - particularly in consumer goods - not of the tastes of their population.

That is the big question I have with all of this: the only way we could become a country that exports goods to many developed countries would be by making our people poorer and standard of living much lower. Essentially, the payroll expenditures would to drastically diminish for US manufacturing so our goods would have a real price difference with a nation providing first-world wages to their labor. There is reason country like Bangladesh has a massive trade deficit with the United States: they can make the cheap clothing to fill the fast fashion storefronts like Old Navy but their people are broke and can't buy US goods. Tariffing countries with a trade deficit perhaps makes sense amongst nations that are generally peers in terms of standard of living. I do not understand how tariffing developing nations does anything other than make goods more expensive at the cash register for US citizens because we should not want the United States to become competitive on the payroll costs. I'm not confident these tariffs pegged on deficits will change the business calculus since payroll obligations are often the biggest expenditure in any business, the 5 dollar shirt will now be a 7 dollar shirt and that's that.

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Of course you are correct with many countries, China being the biggest.

We're going to make something in America and ship it to the Chinese cheaper than they can make it and sell it to their own people?

How is that going to work? Their average factory worker makes $6 an hour.