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re: Is the goal of the tariffs to negotiate free trade deals or is it to onshore jobs?

Posted on 4/10/25 at 8:10 am to
Posted by Ingeniero
Baton Rouge
Member since Dec 2013
23044 posts
Posted on 4/10/25 at 8:10 am to
I still don't think it's clicked for a lot of people that if these deals are renegotiated to lower barriers, it will become even cheaper to produce things in other countries with a comparative advantage in labor. That's a good thing. But it also contradicts the stated goal of "we're bringing those jobs back." I don't think we need to, but it's a GOOD thing for the American consumer
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
477259 posts
Posted on 4/10/25 at 8:11 am to
quote:

I still don't think it's clicked for a lot of people that if these deals are renegotiated to lower barriers, it will become even cheaper to produce things in other countries with a comparative advantage in labor. That's a good thing. But it also contradicts the stated goal of "we're bringing those jobs back."


They think that we will be able to sell more b/c of their lower tariffs, which will spur domestic manufacturing

This whole saga has been glorious to watch my predictions unfold exactly as I predicted. #Artofthedeal
Posted by VOR
New Orleans
Member since Apr 2009
68838 posts
Posted on 4/10/25 at 8:11 am to
The bond market got Trump’s attention
because it has the potential to do more damage than the stock market.
Posted by Jjdoc
Cali
Member since Mar 2016
55665 posts
Posted on 4/10/25 at 8:12 am to
Yes
Posted by dgnx6
Member since Feb 2006
89842 posts
Posted on 4/10/25 at 8:14 am to
quote:

This whole saga has been glorious to watch my predictions unfold exactly as I predicted. #Artofthedeal



What predictions were that? Black Monday?


Or did you just make a lot of money in the market?

Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
477259 posts
Posted on 4/10/25 at 8:15 am to
quote:

Yes


How are we going to onshore manufacturing jobs when removing tariffs gives the countries with cheap labor even more advantage in taking those jobs?

How are we going to replace the income tax with tariffs revenue in a zero tariff environment?
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
477259 posts
Posted on 4/10/25 at 8:17 am to
quote:

What predictions were that? Black Monday?

I never really commented on the stock market, and I specifically never predicted "Black Monday"

quote:

Or did you just make a lot of money in the market?

No. Trying to play the market has been shown to be -EV compared to index fund investment over time, so I invest in index funds at regularly-scheduled intervals. If the math ever changes on that, then I will adjust.

My prediction was that MAGA would rely on their near addiction to vagueness and malleability, never take a side, and then claim victory with whatever happened...which is exactly what happened yesterday.
Posted by dgnx6
Member since Feb 2006
89842 posts
Posted on 4/10/25 at 8:20 am to
quote:

My prediction was that MAGA would rely on their near addiction to vagueness and malleability, never take a side, and then claim victory with whatever happened...which is exactly what happened yesterday.



Here is your chance to take a side.


Do you want free trade? No tariffs duties vat?

Not asking what will happen, but what you want to happen.




This post was edited on 4/10/25 at 8:21 am
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
477259 posts
Posted on 4/10/25 at 8:23 am to
quote:

Do you want free trade? No tariffs duties vat?

Not asking what will happen, but what you want to happen.


It's hard to say. The system that existed through February of 2025 was incredibly beneficial to the US and we are so much richer and stronger because of it.

Lying about the above is a central theme of the MAGA talking points.

Disrupting the system creates a lot of potential future uncertainty and we're all just guessing. That's the problem.

I'm perfectly happy with the status quo that allows America's domination to extend and our country to get more rich.
This post was edited on 4/10/25 at 8:24 am
Posted by Flats
Member since Jul 2019
28192 posts
Posted on 4/10/25 at 8:24 am to
quote:

because with some industries the goal is on shoring, with others it’s free trade/better terms…


What's the criteria for which industries we're going to protect? Does anybody know what they are?
Posted by Ingeniero
Baton Rouge
Member since Dec 2013
23044 posts
Posted on 4/10/25 at 8:24 am to
What is this weird hang-up on VAT? Are we expecting to rewrite the tax policy for 180+ countries? A VAT is not a tariff
Posted by Jbird
Shoot the tires out!
Member since Oct 2012
90799 posts
Posted on 4/10/25 at 8:25 am to
quote:

Is the goal of the tariffs to negotiate free trade deals or is it to onshore jobs?
It's so the same idiots can ask the same question everyday.
Posted by scottydoesntknow
Member since Nov 2023
10870 posts
Posted on 4/10/25 at 8:25 am to
Part of the negotiation seem to be investment in American jobs rather than just fully tariffs
Posted by wdhalgren
Member since May 2013
5331 posts
Posted on 4/10/25 at 8:30 am to
quote:

The system that existed through February of 2025 was incredibly beneficial to the US and we are so much richer and stronger because of it.

Lying about the above is a central theme of the MAGA talking points.


The system that existed through February of 2025 was incredibly destructive to the US and we are so much poorer and weaker because of it.

Lying about the above is a central theme of fools' and US enemies' taking points.
This post was edited on 4/10/25 at 8:32 am
Posted by Mid Iowa Tiger
Undisclosed Secure Location
Member since Feb 2008
24865 posts
Posted on 4/10/25 at 8:32 am to
quote:

Are these negotiating tactics to get other countries to zero tariffs or is it meant to bring manufacturing jobs back to America? Because those two things are mutually exclusive.


They aren’t mutually exclusive. If the trade playing field gets leveled the cost parity for manufacturing can be closer to even than the current very lopsided model.

If “Buy American” was 15% more than Chinese rather than 80% more American manufacturers can compete. That means more manufacturing here instead of there.
Posted by CollegeFBRules
Member since Oct 2008
25728 posts
Posted on 4/10/25 at 8:32 am to
I saw that. While I have a problem with how influenced Trump is by the 24 hour news cycle, I don’t think that’s why he did this. Trump saw treasury yields and realized he needed to change course.
Posted by dgnx6
Member since Feb 2006
89842 posts
Posted on 4/10/25 at 8:33 am to
quote:

It's hard to say. The system that existed through February of 2025 was incredibly beneficial to the US and we are so much richer and stronger because of it. Lying about the above is a central theme of the MAGA talking points.




So pro tariffs, got it.



Posted by Ten Bears
Florida
Member since Oct 2018
5076 posts
Posted on 4/10/25 at 8:34 am to
quote:

The bond market got Trump’s attention because it has the potential to do more damage than the stock market.


This is the correct answer. The good news from all of this is that Trump will listen to Bessent over Navarro and Lutnik.
Posted by CollegeFBRules
Member since Oct 2008
25728 posts
Posted on 4/10/25 at 8:36 am to
quote:

The bond market got Trump’s attention because it has the potential to do more damage than the stock market.


100% why he called this pause.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
477259 posts
Posted on 4/10/25 at 8:36 am to
quote:

The system that existed through February of 2025 was incredibly destructive to the US and we are so much poorer and weaker because of it.


Based on what data relative to the world ?
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