re: Mark Levin on Tariffs

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Cuck on this shite all day, I don't care, but the fact that we're being raped globally has got to end.

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The whole cuck thing is a silly ad hominem attack that does nothing for your argument.

As Levin was saying yesterday in his usual form... Global trade is about BUSINESSES TRADING WITH BUSINESSES, NOT GOVERNMENTS TRADING WITH GOVERNMENTS. We are not getting raped by engaging in global trade.

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You're right... This board is definitely more intelligent than Levin, and he doesn't havy any understanding of common sense economics.

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You're making an appeal to authority. Lots of smart people disagree on economic policies and many other things.

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Out of curiosity, do you understand why we are imposing tarriffs on some Chinese and EU goods today?

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Votes in OH, MI, WI, PA, IA, before the mid terms.

This will all end regardless of the outcome in December--I hope.

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and was making the pro-tariff callers look silly for their lack of understanding of economics.

Does that make Levin a traitorous globalist, or is Trump possibly wrong on this?

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No it makes the people his call-screeners let thru incompetent at understanding the issue and making a point.

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Does anybody else think it's crazy that Trump can arbitrarily set tariifs on any product and claim national security as the reason?

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You mean like the French did with Yogurt?

The WTO has written in asymmetric trade agreements allowing others a substantial advantage in trading with the US. The only way to unwind that asymmetry within WTO rules is to claim national security concerns. Other countries have done that over the years. We typically have not.

I agree with Levin on this.

I get Trump’s endgame but I also recognize that it is a huge gamble. In a vacuum, tariffs are fricking terrible.

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As Levin was saying yesterday in his usual form... Global trade is about BUSINESSES TRADING WITH BUSINESSES, NOT GOVERNMENTS TRADING WITH GOVERNMENTS. We are not getting raped by engaging in global trade.

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true in part, but misses the mark on others. Example, if the EU taxes our auto imports, and say Ford decides to move a plant to France to avoid a tariff so their product can compete in the EU market, the US loses as we again ship our jobs out of the country. n Repeat this enough times and its a major impact.

Again, the end goal is the removal of all tariffs on both sides. also, would like the end result the removal of subsidies as well

All I care about is fairness. And a nearly $1T trade deficit is not fair to the USA. So many people are jumping ship before TRUMP's strategy even has time to play out. I hate tariffs. I want to see them gone.

But, it's not just the tariffs we have put on other countries that should be razed. These tariffs are hurting other countries worse than they're hurting us at the moment, but everybody including Levin is freaking out about the future. Countries like China are literally raping us on both tariffs and theft of intellectual property.

A $21T national debt is unacceptable, and with fair and free trade, that debt will mostly be paid off within a generation. That's the end game here. Why is it ok for the USA to have a nearly $1T trade deficit but it's not ok to place reciprocal tariffs on the very same countries that are cheating us? If someone can answer that question and the answer make sense- I'll stand down. Until then, I want fair and free trade. Contrary to popular belief, Trump is not stupid. These tariffs are the result of the unwillingness of other countries to admit they are financially robbing us. Trump tried to give them an easy, diplomatic way out, but they wouldn't bend. So now he has to make them bend or break.

Pulling out of this trade war right now would guarantee a Democratic/socialist president takes over in 2020. That's exactly why all the libtards are sky screaming about muh tariffs. That's their plan. Sorry, but Trump will not break. Nor will the USA fall any further. In time, these other countries will ultimately bend the knee. In the meantime, we have to be patient.

We watched Hussein singlehandedly double the national deficit in 8 years. Yet, we can't give the already existing and new tariffs even a year or two to work? This is TDS at its absolute pinnacle.

What I have hoped and continue to hope is that the Deal Maker In Chief is mostly bluffing to negotiate better deals for freer trade, but so far, no deals (on trade or with North Korea) and an unsettling tendency toward industrial policy, which is anathema to my flavor of conservatism. Although Democrats are loathe to admit it, so much is going right under this president. I suspect that the only near-term danger to the economy and to the Trump presidency is in Trump's trade policy.

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but I also recognize that it is a huge gamble

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So was Midway.

Ultimately you're right of course. It is a risk. So is betting a full house. It's just a matter of scaling the odds. Given current trade differentials and relative impact on various parties, odds here should favor the US.

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Given current trade differentials and relative impact on various parties, odds here should favor the US.

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In a big way.