- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Tariff Time
Posted on 1/31/25 at 2:48 pm to Harry Boutte
Posted on 1/31/25 at 2:48 pm to Harry Boutte
quote:
And Haiti isn't? We trade with them.
That's a ridiculous answer that's really just avoiding the issue of trading with one communist nation but not another.
Maybe Cuba trying to nuke America back in the 60s might have some residual consequences later down the line???
1
Posted on 1/31/25 at 2:49 pm to TigersHuskers
This is what I expect to happen:
1. Mexico and Canada will do what is right and make a good faith effort at securing the border on their side and will begin to make fentanyl related arrest. Tariffs will be removed.
2. China 10% tariff will remain. In response the People's Bank of China will respond by printing the Chinese Yuan. In relative terms this will make the U.S. dollar stronger.
1. Mexico and Canada will do what is right and make a good faith effort at securing the border on their side and will begin to make fentanyl related arrest. Tariffs will be removed.
2. China 10% tariff will remain. In response the People's Bank of China will respond by printing the Chinese Yuan. In relative terms this will make the U.S. dollar stronger.
Posted on 1/31/25 at 2:50 pm to LemmyLives
quote:
Ironic that you're going to a store that gets most of it's non food products from ... CHI-NA.
Ironic how?
Posted on 1/31/25 at 2:53 pm to GumboPot
quote:
2. China 10% tariff will remain. In response the People's Bank of China will respond by printing the Chinese Yuan. In relative terms this will make the U.S. dollar stronger.
The 10% he's talking about is an additional tariff. The current tariff on China is 25% which is still in place from his first term in office.
Posted on 1/31/25 at 2:53 pm to Seldom Seen
quote:
The 10% he's talking about is an additional tariff. The current tariff on China is 25% which is still in place from his first term in office.
Came in here to post this, but wanted to see if someone else hit it.
10% Covid and Fentanyl additional tax.
This post was edited on 1/31/25 at 2:55 pm
Posted on 1/31/25 at 2:55 pm to BugAC
quote:
Post the article. How does it relate to the current situation?
No articles. Your homework is Rothbard, Von Mises, Friedman, Hoppe and I will add even Milei on tariffs. Read up. Then we can discuss.
Posted on 1/31/25 at 2:55 pm to DrrTiger
quote:
Ironic how?
I was using comedic shorthand to get to the bad CHI-NA joke, Doctor Dictionary. I don't tend to get overly pedantic here. You should have been more upset I didn't use CHY-NA, which is probably closer to Trump's pronunciation.
Posted on 1/31/25 at 2:58 pm to BBONDS25
quote:
That’s because they are a member of the carribean trade act. Perhaps you shouldn’t be calling anyone else’s post ridiculous when you’re posting from a place of complete ignorance.
Nice cop out.
Why don't we include Cuba in the Caribbean Basin Initiative?
Posted on 1/31/25 at 2:58 pm to AGGIES
quote:
Here is what the US imports by sector.
So what product are we talking about then, specifically? And what is the trade breakdown by country of that product?
I'm not trying to be difficult, and i'm sure it's not easy to find on the internet.
Point being, is that there are other trade partners, and we also produce domestically.
The only specific product i can think of that prices may go up, is avocados.
LINK
quote:
Mexico: US$2.8 billion (39% of total avocados exports)
Netherlands: $1.1 billion (14.9%)
Peru: $963.4 million (13.2%)
Spain: $413.9 million (5.7%)
Israel: $260.8 million (3.6%)
Chile: $244.7 million (3.4%)
Colombia: $200.9 million (2.8%)
Morocco: $152.7 million (2.1%)
South Africa: $144.6 million (2%)
Kenya: $141.8 million (1.9%)
United States: $128.4 million (1.8%)
France: $99.5 million (1.4%)
Dominican Republic: $97.2 million (1.3%)
Germany: $62.2 million (0.9%)
Australia: $53.8 million (0.7%)
quote:
Avocado production in the United States, however, is not following the same pace as increasing consumption. Figure 2 shows that, back in the 80s, the total supply of avocados in the United States was almost entirely covered by domestic production. However, since the early 1990s, the total supply of avocados in the United States has been increasingly dependent on imports, reaching a dependence share of 90% during the last decade.
quote:
Before the 1990s, Americans primarily consumed avocados during the summer when California’s harvest was available. They supplemented their avocado consumption with imports, primarily from Chile, during the rest of the year. However, the introduction of avocados from Michoacan, Mexico, led to the availability of high-quality avocados throughout the year, transforming consumption habits.
So, yes, in this specific case, Avocado prices could go up. However, if price increases reduce demand, then the prices of avocados will also decrease. Therefore, the increase will only be temporary.
If (not likely) Mexico decides not to acquiesce to US demands, then consumer habits may go back to what they were in the 80s. US production, i'm sure, will increase, but also, consumers will eat less and restrict their consumption to the summer. And supplement our supply with other competitors.
Again, if sustained tariffs are in effect, prices for specific commodities MAY INCREASE TEMPORARILY, but long term WILL decline especially when America is the largest consumer of that country's exports.
ETA: Also, if American consumption declined over Mexico's increased cost of avocados, there is literally no other market for them to go to, to make up the loss of the American market. We are the LARGEST MARKET IN THE WORLD. Full stop. They need trade with us more than we need it. Mexico WILL CAVE. I guarantee you this with 100% certainty and they'll likely cave by Friday of next week.
This post was edited on 1/31/25 at 3:05 pm
Posted on 1/31/25 at 2:58 pm to frogtown
Milton Friedman is no doubt brilliant, and I have sought his knowledge about many things. What Friedman has never had to deal with, however, is bad actor countries who use tariffs, to stifle American products and manufactured goods from coming into their countries.
If France charges an import tax of 25% on American wine, and the US only imposes a 10% import tax on French wine, it isn't hard to understand which industry will collapse first, is it? If the US matches the French import tax, then Americans are very likely to seek out American wine to drink, aren't they? It's really that simple.
If France charges an import tax of 25% on American wine, and the US only imposes a 10% import tax on French wine, it isn't hard to understand which industry will collapse first, is it? If the US matches the French import tax, then Americans are very likely to seek out American wine to drink, aren't they? It's really that simple.
Posted on 1/31/25 at 3:01 pm to frogtown
quote:
Your homework is Rothbard, Von Mises, Friedman, Hoppe and I will add even Milei on tariffs.
Not how this works. You make a claim, you provide the evidence.
I asked you before, provide the links, and then explain to us how this relates to our current situation.
I already gave you an economics expert in a forbes article. It wasn't that hard. I'm sure you can do it.
Posted on 1/31/25 at 3:01 pm to LSURussian
How does the lack of tariff reciprocity help the American worker?
Posted on 1/31/25 at 3:02 pm to troyt37
quote:
Milton Friedman is no doubt brilliant, and I have sought his knowledge about many things. What Friedman has never had to deal with, however, is bad actor countries who use tariffs, to stifle American products and manufactured goods from coming into their countries.
My point exactly.
Posted on 1/31/25 at 3:03 pm to Harry Boutte
quote:
Nice cop out. Why don't we include Cuba in the Caribbean Basin Initiative?
Do you not understand how trade acts are created? Good Lord. Your ignorance knows no bounds.
This post was edited on 1/31/25 at 3:04 pm
Posted on 1/31/25 at 3:04 pm to BugAC
quote:
Maybe Cuba trying to nuke America back in the 60s...
They didn't.
But now that you mention it, how many American soldiers did the ChiComs actually kill in Korea in the early 50s?
Posted on 1/31/25 at 3:05 pm to BugAC
quote:If the price of colombian coffee goes up by 25%, why wouldn’t Brazil increase their price too?
Pick a product. The one getting tariffs, is the loser.
Let's look at Columbia and the claims of "enjoy your higher priced coffee." And we can do this with any product, but let's start with this one.
1) Is Columbia the only supplier of coffee to the United States? No.
2) Is Columbia the biggest supplier of coffee in the US? No. Brazil is largest.
Posted on 1/31/25 at 3:05 pm to BeepBopBoop
quote:
the American worker?
The people opposed to the tariffs are more concerned about the American consumer. Likely for the obvious reasons.
Posted on 1/31/25 at 3:06 pm to Harry Boutte
quote:
And Haiti isn't? We trade with them.
I don’t seem to remember the Haitian missile crisis being a thing. Maybe that’s why.
Posted on 1/31/25 at 3:06 pm to BugAC
1
quote:Why didn’t they work for solar panels which have been heavily tariffed since 2018?
) Spurs domestic production.
2) Spurs competition from non-tariff'd countries within the respective markets.
Posted on 1/31/25 at 3:07 pm to Harry Boutte
quote:
They didn't.
They were a proxy of the Soviet Union, and we were very close to nukes being launched. This isn't even up for debate. It's facts.
quote:
how many American soldiers did the ChiComs actually kill in Korea in the early 50s?
I do not know. I'm not arguing for or against trade with Cuba. Just giving you a possible reason as to why we do not trade with them currently. I've seen arguments for and against, and most of the against is because of their past.
Page 4 of 11
Back to top
Follow TigerDroppings for LSU Football News