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re: Someone explain the tariffs thing to me

Posted on 2/21/25 at 1:01 pm to
Posted by notsince98
KC, MO
Member since Oct 2012
20110 posts
Posted on 2/21/25 at 1:01 pm to
your quote doesn't match your claim.
Posted by AllbyMyRelf
Virginia
Member since Nov 2014
3728 posts
Posted on 2/21/25 at 1:02 pm to
You’re completely ignoring the substance of my posts and assuming I agree with your premise.

It is not the case that I think the tariffs, in and of themselves, will help small business or promote emerging US industry.

The goal is for other countries’ tariffs to be removed. Otherwise, Trump would not state that our tariffs will also be removed if the other countries reacted favorably.

Is it possible that another president comes into power and keeps them? Yes, but that’s not what we’re supporting.
Posted by BBONDS25
Member since Mar 2008
53164 posts
Posted on 2/21/25 at 1:03 pm to
quote:

ts populist retardation. And will never ever work.


His actual proposal (not what you are imagining in your empty head) is to extend the TCJA and to stop the SALT deduction cap. It has produced record revenues already. Your tax acumen is pathetic.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
281997 posts
Posted on 2/21/25 at 1:03 pm to
quote:

your quote doesn't match your claim.


It does. But thanks for your concern.

Trump will go after corporate taxes to make up for his massive shortcoming.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
281997 posts
Posted on 2/21/25 at 1:04 pm to
quote:


The goal is for other countries’ tariffs to be removed.


Its hurting them, not us.

What do consumers benefit from?
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
281997 posts
Posted on 2/21/25 at 1:05 pm to
quote:

the average for small business startups grew under Trumps 1st term.


Absolute crap. 2020 alone sank most small businesses and created huge profits for bigcorp.

Posted by AllbyMyRelf
Virginia
Member since Nov 2014
3728 posts
Posted on 2/21/25 at 1:05 pm to
quote:

Its hurting them, not us. What do consumers benefit from?
Tariffs hurt both trading partners.
Posted by PaperTiger
Ruston, LA
Member since Feb 2015
25519 posts
Posted on 2/21/25 at 1:06 pm to
Just going off stats from by the US Census Bureau. There were more applications for non High Prosperity business than the other.

Commerce Insititute




EDIT: Sorry posted wrong agency.

This post was edited on 2/21/25 at 1:11 pm
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
281997 posts
Posted on 2/21/25 at 1:07 pm to
quote:

Tariffs hurt both trading partners.


It hurts the consumer.

Tariffs objectively destroy innovation and competition. American was built on speed, not protecting BigCorp
Posted by BBONDS25
Member since Mar 2008
53164 posts
Posted on 2/21/25 at 1:08 pm to
quote:

Trump will go after corporate taxes to make up for his massive shortcoming.


Opposite of his actual proposal. Prognosticator Roger is wrong yet again.
Posted by oklahogjr
Gold Membership
Member since Jan 2010
39501 posts
Posted on 2/21/25 at 1:08 pm to
quote:

Trump is proposing reciprocal tariffs, right?
So he just want to impose tariffs on countries that have tariffs on us, right?


I would say his blanket statement and mostly. He's also using it to try and negotiate other things in trade as well.

So the reason there's usually more logic than they charge us 18% and so we charge them 18%. For example is this a good we are scared of and they have an abundance of? If so why do we care what they charge our companies to sell there when we need to buy from there. Adding a cost is adding friction to sales in our economy which I'm not a fan of.
Posted by AllbyMyRelf
Virginia
Member since Nov 2014
3728 posts
Posted on 2/21/25 at 1:08 pm to
quote:

It hurts the consumer.
Tariffs, like all taxes, hurt both the consumer and the producer.
Posted by Bjorn Cyborg
Member since Sep 2016
32058 posts
Posted on 2/21/25 at 1:09 pm to
quote:

If I sell widgets for $2 and IBChinaman sells them for $1.50 before the tariff and he still sells them for $1.50 after the tariff, how does that help me?


Tariff's should even the landscape, not "make" you competitive. Maybe the market is $1.50 for this widget and you are too expensive.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
281997 posts
Posted on 2/21/25 at 1:10 pm to
quote:



Opposite of his actual proposal. Prognosticator Roger is wrong yet again.


Two weeks in and the Commerce Sec is already targeting industries for higher taxes.

quote:

U.S. Secretary of Commerce Howard Lutnick said in a Fox News interview Wednesday that cruise operators will pay more in taxes under the Trump administration.


Wait until about the third quarter of this year, its coming.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
281997 posts
Posted on 2/21/25 at 1:11 pm to
quote:


Tariffs, like all taxes, hurt both the consumer and the producer.


If you really believe this, why the frick would you support them?

Do you really want to add cost to US consumers right now? And offer less choice?
Posted by dstone12
Texan
Member since Jan 2007
35466 posts
Posted on 2/21/25 at 1:13 pm to
quote:

It's a tax. You don't pay it directly businesses pay it when they import product from overseas. You pay it when those business pass the cost on to you by increasing their prices on the goods they sell to you.


Are Europeans complaining about the tariffs their nations place on our exports to them?
This post was edited on 2/21/25 at 1:14 pm
Posted by offshoretrash
Farmerville, La
Member since Aug 2008
10535 posts
Posted on 2/21/25 at 1:13 pm to
quote:

Most people that oppose tariffs are generally one dimensional thinkers. They can't fathom less welfare and a stronger dollar.


Do we still teach consumer math and economics in high-school?

I'm not sure why tariffs are so hard for the liberals to understand.
Posted by PaperTiger
Ruston, LA
Member since Feb 2015
25519 posts
Posted on 2/21/25 at 1:14 pm to
quote:

U.S. Secretary of Commerce Howard Lutnick said in a Fox News interview Wednesday that cruise operators will pay more in taxes under the Trump administration.


Mexico is doing this too. $42 per person "port docking tax". Maybe there is something else going on with the cruise industry.

Posted by BBONDS25
Member since Mar 2008
53164 posts
Posted on 2/21/25 at 1:14 pm to
quote:

cruise operators




quote:

Wait until about the third quarter of this year, its coming.


prognosticator Roger!!! You’re the dukke V of tax predictions.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
281997 posts
Posted on 2/21/25 at 1:16 pm to
Trump wants to devalue the dollar, not raise it.

quote:



Many of his economic ideas have become more extreme during his four years out of office - including proposals for massive tariffs and sweeping tax cuts, questioning of Federal Reserve independence and potential immigration crackdowns and deportations.
But one argument remains constant and is rooted in some economic logic: his insistence the U.S. dollar is overvalued.
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