- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- 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: The tariff policy and rollout has been absolutely terrible. Mass confusion across industry
Posted on 4/1/25 at 6:58 pm to DiamondDog
Posted on 4/1/25 at 6:58 pm to DiamondDog
It has had an awkwardness but am confident there is a method to the madness....short term ????? for longer term stability
Posted on 4/1/25 at 6:59 pm to VOR
quote:
This will not end well. The markets and consumers hate uncertainty…
your insight is about as meaningful as peej’s OT weather predictions. thanks!
This post was edited on 4/1/25 at 7:02 pm
Posted on 4/1/25 at 7:01 pm to DiamondDog
No time to wait. Adapt or die.
Posted on 4/1/25 at 7:01 pm to DiamondDog
quote:
I get that this is a negotiation tactic being used by Trump admin, but the domestic roll off and understand of whats subject by who is all over the map.
What exactly re you missing? It is a reciprocal tariff. So whatever other countries are charging the US exporters then that is the tariff. How is this hard to understand?
Posted on 4/1/25 at 7:02 pm to DiamondDog
Why give people time to stock up? I've seen stories on the news about Mexican restaurants ordering 3 months worth of tequila per week in preparation of the tariffs.
I understand the people that are trying to bid projects, but just put in a clause saying this bid is subject to price adjustment if there are tariffs placed XYZ with a max adjustment amount.
I understand the people that are trying to bid projects, but just put in a clause saying this bid is subject to price adjustment if there are tariffs placed XYZ with a max adjustment amount.
Posted on 4/1/25 at 7:03 pm to Klark Kent
quote:
ignored the inflation
What?
It’s basically impossible to ignore inflation. I mean the entire world shut down and we printed trillions of dollars. It wasn’t a big mystery.
The erratic nature of the tariff war we started is a little less certain, no?
Posted on 4/1/25 at 7:05 pm to DiamondDog
President Donald Trump’s “Liberation Day” tariff plan, set to be announced tomorrow, April 2, 2025, has several potential positives, particularly from the perspective of its proponents and the administration’s stated goals. Here’s a breakdown of the key benefits as framed by Trump, his team, and supporters:
1. Boost to Domestic Manufacturing
• Incentive for U.S. Production: By imposing tariffs on imports—potentially a 20% blanket rate or higher targeted duties—foreign goods become more expensive, encouraging companies to shift production to the U.S. to avoid these costs. Trump has cited early wins, like Apple’s alleged $500 billion investment pledge, as proof this can bring factories and jobs back home.
• Revival of Key Industries: Sectors like steel, aluminum, autos, and microchips could see a resurgence. The existing 25% tariffs on steel and aluminum (effective March 11, 2025) have already spurred plans for new U.S. plants, and extending this logic could strengthen American industrial capacity.
2. Job Creation
• Direct Employment Gains: The administration argues that tariff-protected industries will hire more American workers. Historical precedent exists—Trump’s earlier China tariffs reportedly preserved or created jobs in steel (e.g., U.S. Steel’s expansion plans)—and this broader plan could amplify that effect across multiple sectors.
• Ripple Effects: Increased demand for U.S.-made goods could boost related industries (e.g., construction, logistics), potentially offsetting job losses elsewhere predicted by critics (like the Tax Foundation’s 300,000 figure).
3. Reduction of Trade Deficit
• Narrowing the Gap: The U.S. trade deficit hit $73.1 billion in November 2024 alone, and tariffs aim to make imports less competitive, reducing the outflow of dollars. Trump claims this will “bring wealth back” to America, with estimates suggesting hundreds of billions annually could stay domestic if imports drop significantly.
• Long-Term Economic Strength: Proponents see this as a step toward self-reliance, lessening dependence on foreign supply chains vulnerable to disruptions (e.g., pandemics or geopolitical tensions).
4. Revenue Generation
• Funding National Priorities: Tariffs could raise substantial revenue—possibly $100 billion from auto tariffs alone and up to $600 billion yearly across all measures. This could fund tax cuts, infrastructure, or defense without raising domestic taxes, a key Trump promise.
• Fiscal Flexibility: Unlike broad tax hikes, tariffs target foreign entities, aligning with a “make others pay” philosophy that resonates with his base.
5. Leverage in Trade Negotiations
• Stronger Bargaining Position: Reciprocal tariffs signal that the U.S. won’t tolerate high barriers to its exports (e.g., Canada’s 250% dairy tariff). This could force countries to lower their own duties in deals to avoid U.S. retaliation, as seen when Canada and Mexico adjusted after earlier threats.
• Global Respect: Trump frames this as restoring America’s trade clout, arguing that past leniency let nations like China exploit the U.S. A tough stance might deter predatory practices like dumping cheap goods.
6. National Security Benefits
• Securing Critical Supply Chains: Tariffs on imports like pharmaceuticals, microchips, and rare earths could push production onshore, reducing reliance on adversarial nations (e.g., China, which dominates these markets). This echoes the logic of Section 232 tariffs, which Trump expanded for security reasons.
• Economic Sovereignty: Less dependence on foreign goods strengthens resilience against sanctions, embargoes, or conflicts, a point Trump ties to broader “America First” goals.
7. Political and Symbolic Wins
• Fulfilling Campaign Promises: “Liberation Day” delivers on Trump’s long-standing pledge to fix trade imbalances, energizing his supporters who see it as a bold stand against globalization’s downsides.
• Patriotic Appeal: Framing tariffs as a liberation from foreign exploitation taps into national pride, potentially uniting Americans around a shared economic cause.
Evidence and Context
• Past Successes: Trump points to his first-term tariffs on China, which some credit with pressuring Beijing into trade talks (though the Phase One deal’s impact is debated). Steel tariffs also saw U.S. capacity utilization rise from 72% in 2017 to 80% by 2019.
• Company Responses: Firms like Foxconn and Toyota have hinted at U.S. investment shifts in anticipation, suggesting the threat alone might spur action.
• Public Support: Polls (e.g., Gallup, late 2024) show many Americans favor protecting domestic industries, even if it means higher prices, aligning with the plan’s intent.
1. Boost to Domestic Manufacturing
• Incentive for U.S. Production: By imposing tariffs on imports—potentially a 20% blanket rate or higher targeted duties—foreign goods become more expensive, encouraging companies to shift production to the U.S. to avoid these costs. Trump has cited early wins, like Apple’s alleged $500 billion investment pledge, as proof this can bring factories and jobs back home.
• Revival of Key Industries: Sectors like steel, aluminum, autos, and microchips could see a resurgence. The existing 25% tariffs on steel and aluminum (effective March 11, 2025) have already spurred plans for new U.S. plants, and extending this logic could strengthen American industrial capacity.
2. Job Creation
• Direct Employment Gains: The administration argues that tariff-protected industries will hire more American workers. Historical precedent exists—Trump’s earlier China tariffs reportedly preserved or created jobs in steel (e.g., U.S. Steel’s expansion plans)—and this broader plan could amplify that effect across multiple sectors.
• Ripple Effects: Increased demand for U.S.-made goods could boost related industries (e.g., construction, logistics), potentially offsetting job losses elsewhere predicted by critics (like the Tax Foundation’s 300,000 figure).
3. Reduction of Trade Deficit
• Narrowing the Gap: The U.S. trade deficit hit $73.1 billion in November 2024 alone, and tariffs aim to make imports less competitive, reducing the outflow of dollars. Trump claims this will “bring wealth back” to America, with estimates suggesting hundreds of billions annually could stay domestic if imports drop significantly.
• Long-Term Economic Strength: Proponents see this as a step toward self-reliance, lessening dependence on foreign supply chains vulnerable to disruptions (e.g., pandemics or geopolitical tensions).
4. Revenue Generation
• Funding National Priorities: Tariffs could raise substantial revenue—possibly $100 billion from auto tariffs alone and up to $600 billion yearly across all measures. This could fund tax cuts, infrastructure, or defense without raising domestic taxes, a key Trump promise.
• Fiscal Flexibility: Unlike broad tax hikes, tariffs target foreign entities, aligning with a “make others pay” philosophy that resonates with his base.
5. Leverage in Trade Negotiations
• Stronger Bargaining Position: Reciprocal tariffs signal that the U.S. won’t tolerate high barriers to its exports (e.g., Canada’s 250% dairy tariff). This could force countries to lower their own duties in deals to avoid U.S. retaliation, as seen when Canada and Mexico adjusted after earlier threats.
• Global Respect: Trump frames this as restoring America’s trade clout, arguing that past leniency let nations like China exploit the U.S. A tough stance might deter predatory practices like dumping cheap goods.
6. National Security Benefits
• Securing Critical Supply Chains: Tariffs on imports like pharmaceuticals, microchips, and rare earths could push production onshore, reducing reliance on adversarial nations (e.g., China, which dominates these markets). This echoes the logic of Section 232 tariffs, which Trump expanded for security reasons.
• Economic Sovereignty: Less dependence on foreign goods strengthens resilience against sanctions, embargoes, or conflicts, a point Trump ties to broader “America First” goals.
7. Political and Symbolic Wins
• Fulfilling Campaign Promises: “Liberation Day” delivers on Trump’s long-standing pledge to fix trade imbalances, energizing his supporters who see it as a bold stand against globalization’s downsides.
• Patriotic Appeal: Framing tariffs as a liberation from foreign exploitation taps into national pride, potentially uniting Americans around a shared economic cause.
Evidence and Context
• Past Successes: Trump points to his first-term tariffs on China, which some credit with pressuring Beijing into trade talks (though the Phase One deal’s impact is debated). Steel tariffs also saw U.S. capacity utilization rise from 72% in 2017 to 80% by 2019.
• Company Responses: Firms like Foxconn and Toyota have hinted at U.S. investment shifts in anticipation, suggesting the threat alone might spur action.
• Public Support: Polls (e.g., Gallup, late 2024) show many Americans favor protecting domestic industries, even if it means higher prices, aligning with the plan’s intent.
Posted on 4/1/25 at 7:06 pm to NawlinsTiger9
quote:
The erratic nature of the tariff war we started is a little less certain, no?
less certain than telling your entire workforce, minus “front line workers” to stay home for an undetermined period of time and that “we’re all in this together”?
if you say so..
Posted on 4/1/25 at 7:07 pm to DiamondDog
If it hurts Canada I’m fine with a little chaos.
Posted on 4/1/25 at 7:09 pm to OysterPoBoy
78% of Canada’s exports….. 78%
Posted on 4/1/25 at 7:09 pm to DiamondDog
But Fentanyl coming across the Canadian border is down...no, wait...it's up!!!
Having to lie about these tariffs being related to national emergencies so that they can be imposed by the President without Congressional authority has been unseemly.
We don't have a functioning press to ask what the legal authority for these tariffs are.
Having to lie about these tariffs being related to national emergencies so that they can be imposed by the President without Congressional authority has been unseemly.
We don't have a functioning press to ask what the legal authority for these tariffs are.
Posted on 4/1/25 at 7:11 pm to Bass Tiger
quote:
We'll get through this......together
I think the point is there shouldn't be anything to get through
This is all unnecessary
Posted on 4/1/25 at 7:11 pm to NawlinsTiger9
quote:
What dimension of chess are we on?
Dimension?
We're playing quantum chess baw.......indeterminate.
Posted on 4/1/25 at 7:12 pm to lake chuck fan
quote:
Imagine what you'd be bitching about if Harris would be the POTUS!
Well you’ve convinced me. Trump has definitely handled the tariff situation extraordinarily well.
Posted on 4/1/25 at 7:15 pm to CubsFanBudMan
quote:
Why give people time to stock up? I've seen stories on the news about Mexican restaurants ordering 3 months worth of tequila per week in preparation of the tariffs.
These are American owned businesses and you have a problem with them being proactive and trying to get ahead of the tariffs?
Posted on 4/1/25 at 7:17 pm to Powerman
quote:
This is all unnecessary
Start crisis, solve crisis, seals clap.
I believe this is the pattern thats developed.
Posted on 4/1/25 at 7:17 pm to Klark Kent
quote:
less certain than telling your entire workforce, minus “front line workers” to stay home for an undetermined period of time and that “we’re all in this together”?
Or speed rolling out a vaccine and telling everybody to get it, it's great?
Lol.
Posted on 4/1/25 at 7:19 pm to IvoryBillMatt
quote:
Having to lie about these tariffs being related to national emergencies so that they can be imposed by the President without Congressional authority has been unseemly.
Its despotic.
Posted on 4/1/25 at 7:26 pm to dgnx6
quote:
You prefer the calculated movement of 3 million jobs overseas?
No dipshit, he told you what he’d prefer. It’s in the very post to which you responded.
Popular
Back to top


1






