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re: Let's suppose Trump is right. All countries come to the table...

Posted on 4/5/25 at 5:54 pm to
Posted by BuckyCheese
Member since Jan 2015
57778 posts
Posted on 4/5/25 at 5:54 pm to
quote:

Well they got the same reciprocal "tariff", along with many other poor countries.


And the claim made by the heading on the chart has been debunked, which you well know.

Stupid of them to do that, but you know that is not the actual metric.
Posted by Grumpy Nemesis
Member since Feb 2025
2033 posts
Posted on 4/5/25 at 6:03 pm to
quote:

How exactly is that pushing manufacturing back stateside? Labor is still cheaper in Vietnam.


Interestingly, almost every nation that builds cars with their cheaper labor STILL have been tariffing US produced automobiles which tends to indicate they don't feel the labor advantage alone isn't enough.

Sure, creating an ADVANTAGE for us would probably pull back more manufacturing but ANY reduction in the disadvantages is going to help some.

Posted by David_DJS
Member since Aug 2005
22714 posts
Posted on 4/5/25 at 6:08 pm to
quote:

The fact that no two MAGAs have the same answer on that is a testament to how shitty this rollout has been

What if the objective of this whole tariff soap opera was to cause uncertainty, ratchet up fear, have the skeered move dollars from equities to treasuries and ultimately borrow $10T at rates substantially lower than rates that prevailed at the beginning of this year?

In this case, this rollout would have been super duper awesome.
This post was edited on 4/5/25 at 6:09 pm
Posted by NawlinsTiger9
Where the mongooses roam
Member since Jan 2009
39622 posts
Posted on 4/5/25 at 6:09 pm to
Yes I’ve seen this same theory pumped into the MAGAsphere as well

Multi dimensional chess never fails
Posted by Turbeauxdog
Member since Aug 2004
24273 posts
Posted on 4/5/25 at 6:10 pm to
quote:

Your emotionality is making you not read what's written.


Just stop.

You've failed using this against people for years.

It's a crutch.

Do better.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
476619 posts
Posted on 4/5/25 at 6:11 pm to
quote:

And the claim made by the heading on the chart has been debunked, which you well know.

Stupid of them to do that, but you know that is not the actual metric.

But the question is how they fix it, since they can't fix the trade imbalance.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
476619 posts
Posted on 4/5/25 at 6:12 pm to
What was written:

quote:

Trade imbalances are also caused by many other things than these nefarious boogeymen that you're referencing.


Vietnam can reverse all the "currency manipulation" you claim and all tariffs and they will still have a trade imbalance with the US because they are poor with an inferior currency. Mathematically, it's impossible for them to fix this.

Many other countries cannot fix their trade imbalance with the US for similar reasons. There are tons of poor countries with shite currencies.
Posted by Bunk Moreland
Member since Dec 2010
68360 posts
Posted on 4/5/25 at 6:13 pm to
Flirting with an economic depression is an interesting strategy.
Posted by Turbeauxdog
Member since Aug 2004
24273 posts
Posted on 4/5/25 at 6:13 pm to
quote:

Vietnam can reverse all the "currency manipulation" you claim and all tariffs and they will still have a trade imbalance with the US because they are poor with an inferior currency. Mathematically, it's impossible for them to fix this.


Do you have a point?

You are flailing.
Posted by Grumpy Nemesis
Member since Feb 2025
2033 posts
Posted on 4/5/25 at 6:14 pm to
quote:

The fact that no two MAGAs have the same answer on that is a testament to how shitty this rollout has been

Well that's a stupid conclusion to draw.

People having differering viewpoints on how a something will take hold in an economy is pretty much a given in oh..............about 100% of cases.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
476619 posts
Posted on 4/5/25 at 6:15 pm to
quote:

Do you have a point?

You are flailing.

No I'm discussing exactly what we are, directly.

How can Vietnam fix the trade imbalance, if that's the point of the "reciprocal tariffs"?
Posted by NawlinsTiger9
Where the mongooses roam
Member since Jan 2009
39622 posts
Posted on 4/5/25 at 6:15 pm to
Our resident bootlickers who campaigned on suffering at the grocery store for 3 years will accept their gruel with a smile

It’s patriotic to buy American while also blindly supporting brainwashing grifters who sell merch using foreign sweat shops
Posted by David_DJS
Member since Aug 2005
22714 posts
Posted on 4/5/25 at 6:15 pm to
quote:

Yes I’ve seen this same theory pumped into the MAGAsphere as well

Multi dimensional chess never fails

It's been floated/discussed since long before Trump was elected last November. It's not really a theory. And there's this:

10 YR Treasury Yield this past Jan: 4.8%

10 YR Treasury Yield yesterday: 4.0%

quote:

Multi dimensional chess never fails

Well, it's not multi-dimensional chess for everybody.

Posted by NawlinsTiger9
Where the mongooses roam
Member since Jan 2009
39622 posts
Posted on 4/5/25 at 6:17 pm to
quote:

differering viewpoints on how a something will take hold in an economy


If a revolutionary plan is being enacted and no one can agree on why, then that’s “a something” that seems pretty damn stupid
Posted by David_DJS
Member since Aug 2005
22714 posts
Posted on 4/5/25 at 6:17 pm to
quote:

Flirting with an economic depression is an interesting strategy.

It's a high wire act, for sure. But what's the alternative? You seriously think we can sustain current debt/debt service levels?

When would be the appropriate time to address the problem?
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
476619 posts
Posted on 4/5/25 at 6:19 pm to
quote:

But what's the alternative?

Cut federal spending now. Don't promote a CR with Biden-level spending a few weeks ago.

Posted by Grumpy Nemesis
Member since Feb 2025
2033 posts
Posted on 4/5/25 at 6:20 pm to
quote:

If a revolutionary plan is being enacted and no one can agree on why, then that’s “a something” that seems pretty damn stupid



Not at all.

Go ahead. Show me a SINGLE PLAN in the history of America where everyone SUPPORTING it agreed on exactly how it would impact the economy.

GOOD
frickING
LUCK
Posted by NawlinsTiger9
Where the mongooses roam
Member since Jan 2009
39622 posts
Posted on 4/5/25 at 6:21 pm to
quote:

everyone SUPPORTING it agreed on exactly how it would


quote:

If a revolutionary plan is being enacted and no one can agree on why


Found your problem, bubba
Posted by dgnx6
Member since Feb 2006
89765 posts
Posted on 4/5/25 at 6:22 pm to
If tariffs are bad shouldn’t both countries try to be at 0?

Or have these countries been able to build up their economies and keep jobs by tariffing?


This post was edited on 4/5/25 at 6:24 pm
Posted by Flats
Member since Jul 2019
28131 posts
Posted on 4/5/25 at 6:22 pm to
quote:

It's a high wire act, for sure.


I would have a lot more confidence in this over-arching goal if the strategy was coherent. We're gonna bring back manufacturing, we're going to have free trade, we're going to have reciprocal tariffs; it's just all bullshite being flung at the wall.

It's possible that their strategy is to look discombobulated so as to conceal their true intentions. If that's the case it's working.
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