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re: Tariffs not bringing in what trump said they would….

Posted on 4/29/25 at 8:01 pm to
Posted by SlayTime
Member since Jan 2025
1283 posts
Posted on 4/29/25 at 8:01 pm to
This is the genius of Trump. The media thinks they get a win saying Trump was wrong, Ontario’s only bring in 1 billion a day when he said they would bring in 3 billion.

Trump is Lucy holding the football. The media is Charlie Brown.
Posted by Powerman
Member since Jan 2004
164918 posts
Posted on 4/29/25 at 8:08 pm to
We still don't know where the claim in the op even came from or if it's even true
Posted by LSUSkip
Central, LA
Member since Jul 2012
22111 posts
Posted on 4/29/25 at 8:10 pm to
Did he say 3b surplus per day? Semantics, but if we were at a 5b deficit, and we're now at a 1b surplus, that's a difference of 6b.
Posted by Warboo
Enterprise Alabama
Member since Sep 2018
4450 posts
Posted on 4/29/25 at 8:13 pm to
quote:

Tariffs wont' be large enough to make that sort of dent And the negative economic implications of tariffs will shrink normal tax collection via other methods (primarily income), as tax receipts mirror GDP


Tax receipts do mirror GDP. How will the GDP be influenced by more in the US production? How will the tax revenue increase if our money stays within the country? Inquiring minds want to know.
Posted by Powerman
Member since Jan 2004
164918 posts
Posted on 4/29/25 at 8:15 pm to
quote:


Tax receipts do mirror GDP. How will the GDP be influenced by more in the US production? How will the tax revenue increase if our money stays within the country? Inquiring minds want to know

Your imports would go down and thus the revenue from the imports would go down. You do realize that all of these things can't happen together right? Please tell me you understand that not all of the stated goals are achievable.
Posted by VOR
Member since Apr 2009
65510 posts
Posted on 4/29/25 at 8:16 pm to
Vacherie, do you actually know anything about Singapore?
Posted by Powerman
Member since Jan 2004
164918 posts
Posted on 4/29/25 at 8:18 pm to
quote:

Did he say 3b surplus per day? Semantics, but if we were at a 5b deficit, and we're now at a 1b surplus, that's a difference of 6b.

And we still have no evidence that these even happened or where op heard this information. It's probably just something Trump made up at the rally today.
Posted by Warboo
Enterprise Alabama
Member since Sep 2018
4450 posts
Posted on 4/29/25 at 8:22 pm to
quote:

Your imports would go down and thus the revenue from the imports would go down. You do realize that all of these things can't happen together right? Please tell me you understand that not all of the stated goals are achievable.


Well sure imports will decrease and tariff revenue will decrease. The domestic productivity will increase. Want to know how this is a huge net positive?
Posted by Powerman
Member since Jan 2004
164918 posts
Posted on 4/29/25 at 8:24 pm to
What I really want to know is where you got the claim in the OP that we're running a one billion per day surplus. You don't know what any of the real import and export numbers are do you?
Posted by nealnan8
Atlanta
Member since Oct 2016
2759 posts
Posted on 4/29/25 at 8:24 pm to
quote:

It’s only been four weeks. We haven’t come close to reaching steady state, so neither the revenue nor the trade balance can be evaluated yet.

This is correct. The increased tariffs collected over the last few months were on orders made way before that. Some of these were tied to contracts signed over the last 12 - 24 months. I work for a manufacturing/ design / logistics company and all of our forecasts look really gloomy.
Trump's plan could possibly work for several of the really large manufacturers who are left standing, but at what cost to all of the other companies and the buying public?
Posted by Warboo
Enterprise Alabama
Member since Sep 2018
4450 posts
Posted on 4/29/25 at 8:25 pm to
quote:

And we still have no evidence that these even happened or where op heard this information. It's probably just something Trump made up at the rally today.


On my phone. Look to the external revenue angency along with trade calculators. Duck duck go is your friend.
This post was edited on 4/29/25 at 8:31 pm
Posted by Powerman
Member since Jan 2004
164918 posts
Posted on 4/29/25 at 8:26 pm to
You can't copy and paste a link from your phone?
Posted by LSUSkip
Central, LA
Member since Jul 2012
22111 posts
Posted on 4/29/25 at 8:27 pm to
Well, we know TDS is real, and I'm afraid you may have a case.
Posted by BHTiger
Charleston
Member since Dec 2017
7043 posts
Posted on 4/29/25 at 8:29 pm to
quote:

Bringing 1b more than before? If true, that’s a success in my book


Yep like DOGE only getting 25% of what they said. It is more anyone else in Washington has done in 30 years.
Posted by Powerman
Member since Jan 2004
164918 posts
Posted on 4/29/25 at 8:30 pm to
quote:

Well, we know TDS is real, and I'm afraid you may have a case

Asking for evidence of a claim isn't TDS.
Posted by Warboo
Enterprise Alabama
Member since Sep 2018
4450 posts
Posted on 4/29/25 at 8:34 pm to
quote:

Well, we know TDS is real, and I'm afraid you may have a case Asking for evidence of a claim isn't TDS.


I was at work and not now. Not going to go through the crap of doing that on my phone. I never said you are tds but will acknowledge that you probably are. Peace!
Posted by Powerman
Member since Jan 2004
164918 posts
Posted on 4/29/25 at 8:39 pm to
Most likely scenario here is your misinterpreted what you read and are regurgitating nonsense to the board
Posted by Powerman
Member since Jan 2004
164918 posts
Posted on 4/29/25 at 8:44 pm to
Just looked and the government doesn't even release the official numbers until June for April. I'm sure there are estimates available but it seems like you're peddling bullshite numbers you don't understand.
Posted by theballguy
Member since Oct 2011
18184 posts
Posted on 4/29/25 at 8:52 pm to
Hey if all this is true, I'm willing to eat a shitload of crow. Brother Trump is getting it done
Posted by jimmy the leg
Member since Aug 2007
39542 posts
Posted on 4/29/25 at 9:01 pm to
So only 356 billion to the good, instead of roughly 2 trillion to the bad?

A live look at Roger trying to handle this news.

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