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Message
Trade Data Shows Trump’s Tariffs Are Working
Posted on 6/9/26 at 8:31 pm
Posted on 6/9/26 at 8:31 pm
LINK
quote:
The clearest signal in the data is consumer goods. Consumer goods imports fell from $66.7 billion in April 2024 to $56.3 billion in April 2026, a decline of $10.4 billion, or 15.6 percent. Year-to-date, consumer goods imports are running $218.5 billion against $255.6 billion through April 2024, down $37.1 billion, or 14.5 percent. This happened while consumer spending continued to grow, which means it cannot be explained by general demand weakness. It is compositional — imports in the categories most directly exposed to tariff policy have contracted meaningfully while other categories surged.
20
Posted on 6/9/26 at 8:33 pm to Jjdoc
Powerman: 
Posted on 6/9/26 at 9:56 pm to Jjdoc
Of course they are!
We used to be an enormously wealthy nation when revenues were collected from from countries wishing to do business in the United States.
But free traders crafted a plan to shift revenue collection from international organizations to US Citizens via the income tax.
And we became a debtor nation.
We used to be an enormously wealthy nation when revenues were collected from from countries wishing to do business in the United States.
But free traders crafted a plan to shift revenue collection from international organizations to US Citizens via the income tax.
And we became a debtor nation.
Posted on 6/10/26 at 12:15 am to Jjdoc
Wherever I B Freeman is, I'm quite certain he's having a stroke right now.
Posted on 6/10/26 at 12:19 am to Jjdoc
quote:
Trade Data Shows Trump’s Tariffs Are Working
The 20 or 30 resident economics experts will come up with their talking points soon enough and explain to you why you're a fricking idiot. And it will be clear as mud.
Posted on 6/10/26 at 12:25 am to Jjdoc
It was way past time to try something new. Free trade is doing nothing but bankrupting us. Working or not working we have to change course.
Posted on 6/10/26 at 12:27 am to RollingwiththeTide
quote:
Free trade is doing nothing but bankrupting us.
Free trade isn’t the issue. The issue is we’re the only ones participating.
Posted on 6/10/26 at 12:32 am to lurking
No matter how you wanna look at it free trade was not working out. Idiot politicians cutting bad deals over the years was killing us. Then we pay for Europe’s defense, fought several wars in the Middle East, and let fraudsters steal us blind on top of bad trade deals. Then after all that stuff we send money overseas for trans this and trans that.
Posted on 6/10/26 at 12:56 am to RollingwiththeTide
Tariffs actually bring us closer to free trade. Thats why I never understood why the “staunch conservative” group on here was ever against them. We get ripped off so bad and we needed them for leverage to counter tariffs imposed on us.
Posted on 6/10/26 at 1:14 am to Jjdoc
Increased taxes on consumers are having a negative effect. Got it.
Posted on 6/10/26 at 1:45 am to Jjdoc
great dig at the tards, I see you have already snagged a couple.
Posted on 6/10/26 at 1:55 am to Jjdoc
We’re importing less, which is typically what happens when you make it more expensive to buy abroad. But are we producing more? Our biggest export by far is still pharmaceutical products.
Posted on 6/10/26 at 2:06 am to Jjdoc
You guys do this every so often.
Sure, the trade deficit is shrinking. But that doesn't mean that the tariffs are "working" because there are several considerations and that's only one of them, and it's not at all clear that the trade deficit is even a problem for America in the first place.
Yale Study
I know it's hardly as reliable as Breitbart Business Digest, but a couple of researchers at Yale University say this:
Sure, the trade deficit is shrinking. But that doesn't mean that the tariffs are "working" because there are several considerations and that's only one of them, and it's not at all clear that the trade deficit is even a problem for America in the first place.
Yale Study
I know it's hardly as reliable as Breitbart Business Digest, but a couple of researchers at Yale University say this:
quote:
Do tariffs truly reduce trade deficits? A new Yale-led paper—Tariffs and Trade Deficits—suggests the answer is yes, but at a cost. Recent U.S. tariffs do narrow the deficit, the researchers find, yet higher domestic prices erode Americans’ real consumption. And the adjustment isn’t as simple as fewer imports or more exports.
“Tariffs don’t just change imports and exports in a simple way. They set off global adjustments in income, spending, and financial flows,” Yale economist Samuel Kortum said. “The U.S. deficit shrinks, but because prices rise faster than consumption, the real economic cost falls on the U.S. consumer.”
Posted on 6/10/26 at 2:21 am to DeBoar
quote:
Thats why I never understood why the “staunch conservative” group on here was ever against them.
I can't speak for everyone here, but I can tell you why I do.
quote:
We get ripped off so bad
Because I can't understand how some other country collecting taxes from their own citizens on stuff we export to them equals "ripping us off."
At most it reduces sales for a small handful of Americans trying to export goods to markets that they probably don't really need in the first place, since the largest economy in the world is right here.
About 275,000 American companies export goods overseas and they are overwhelmingly small businesses with fewer than 500 employees.
That's out of a little more than 36 million US companies total, btw.
So this foolish frenzy to "stop getting ripped off" is an exercise in artificially raising taxes on every single man, woman, and child in the country to some degree in order to benefit a tiny segment of the population.
Otherwise, there's no benefit; it's just an additional tax.
That's why for me.
And yeah, some countries have lowered their tariffs, which is certainly positive in the direction of free trade, but all of it is almost certainly temporary. This is a uniquely Trump project and when he's gone, they will be too.
This post was edited on 6/10/26 at 2:33 am
Posted on 6/10/26 at 2:22 am to lurking
quote:
The issue is we’re the only ones participating.
Even in NAFTA, which is ridiculous.
Posted on 6/10/26 at 6:30 am to Jjdoc
Shein and Temu built their entire business model on taking advantage of the minimus loophole in duties.
The traditional model of shipping to a wholesaler in the US, paying some duties, then having them breakdown, inventory, store, and deliver.
Heck the aforementioned companies avoided all duties and had the USPS use their labor to do all the work a wholesaler does.
The traditional model of shipping to a wholesaler in the US, paying some duties, then having them breakdown, inventory, store, and deliver.
Heck the aforementioned companies avoided all duties and had the USPS use their labor to do all the work a wholesaler does.
Posted on 6/10/26 at 6:39 am to Jjdoc
The biggest indicator that they are working is the vermin media hasn’t said a word about them in a year
Posted on 6/10/26 at 6:49 am to TigerAxeOK
quote:
Wherever I B Freeman is, I'm quite certain he's having a stroke right now.
The GOAT NGO concerned moderate
Posted on 6/10/26 at 7:21 am to wackatimesthree
So you are in favor of no tariffs, let china subsidize entire industries, dump the goods below cost in US markets and destroy our own industries. Your business model is working quite well, textiles, steel, furniture.
By the way, the "few" US companies that export, make us the 2nd largest exporter in the world at 2.1 trillion dollars.
I have exported goods all over the world for decades, with a myriad of different taxes and tariffs. You adjust your cost, along with the importer to account for those costs, little is passed on to the consumer, Bessent even showed these to us, and concluded the same.
The tariff is "paid" by the importer because the manufacturer of origin has reduced his price so the importer can "pay" it. Its the equivalent of your teenage daughter using your credit card to shop. She may have "paid" for it, but the cost is yours.
By the way, the "few" US companies that export, make us the 2nd largest exporter in the world at 2.1 trillion dollars.
I have exported goods all over the world for decades, with a myriad of different taxes and tariffs. You adjust your cost, along with the importer to account for those costs, little is passed on to the consumer, Bessent even showed these to us, and concluded the same.
The tariff is "paid" by the importer because the manufacturer of origin has reduced his price so the importer can "pay" it. Its the equivalent of your teenage daughter using your credit card to shop. She may have "paid" for it, but the cost is yours.
Posted on 6/10/26 at 7:23 am to trinidadtiger
quote:
So you are in favor of no tariffs
Hes on of the lowest iq posters we have on here
But OP snagged a few of them with this thread
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