re: Trump's explains his plans for using tariffs.

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If you like your prices now, you'll love the adjustments post enactment of tariffs. But, hey, I'm thankfully not you.....I don't want to pay more for my food ( produce, mostly)and fuel...but, that's just me.

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So you cant back up your idiotic claim

How shocking.

OK smart guy.

52% of our imported oil comes from Canada. So you slap a 25% tariff on that, and given refining costs of the heavy crude, you will pay more as refiners pass the cost onto the consumer.....you think refiners are going to eat the tariff?

But, it gets worse

So Mexico sends us upwards of 650 million barrels of crude each year, in return we send them 1.6 -1.8 billion barrels equivalent of refined product. So a trade war gets played on both ends. We charge more for the raw product, and Mexico has to the slap on a tariff on the refined goods that already have 25% mark up.

Congratulations you have just needlessly introduced inflation that is carried by the people you purport to want to help....oh, but wages go up. Well, maybe until such time as the prices start to effect demand....and de.and slows because the prices are to high relative to income and household budgets. So you stagnate industries and labor....and then the layoffs happen.

Don't even get me started on food prices. That's just Americans that get the short shrift on that. Maybe you think....it's just car parts and we can retool old factories. Maybe. So since you have a 25% markup on parts made in Mexico, the consumer is paying that cost ( or do you think it disappears). So when your F150 or Silverado breaks down and you bitch about the bill.

What am I missing so far. You want me to get into real in depth trade policy and real economics. You want me to get into foreign policy and how victimizing and pissing off an ally not only hurts the ally but us overall....and you'll see more illegal immigration into the US.

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Crazy to think America has to DEPEND on another country for ANYTHING that we can make or mine …

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$$$$

Would you like much higher prices on everything?

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Wait..... Hang on.... Lol
So, the data shows the tariff didn't increase the price of steel????

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If this is the case, how did this tariff help US steel producers? I thought that was one of the main goals of a tariff; to make the US more competitive.

Given today's price

about .65 more a gallon

You like paying more because in this scenario you don't pay less.

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If this is the case, how did this tariff help US steel producers?

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Ive asked numerous times how many jobs did Trump and Bidens tariffs create, and no one can answer.

MAGA is always focused on the intermediate steps which is why the goals are rarely achieved.

I guess he thinks that if he wishes real hard that prices go down and that somehow the laws of supply and demand are held in suspension. But dammit it will get rid of that kilo of fentanyl, which of course it won't. Maybe he understands some archane carve out in monetary policy whereby it makes sense to devalue the dollar and the result is bountiful supply domestically. Or, maybe he's a fool who wants to pay more thinking he is being a selfless patriot.

I get wanting to slap tariffs on the Chinese . It's not terribly effective, but I get it. But to do it on the Mexicans and Canadians is hurting yourself. The three of us have an integrated economy and it works really well for everyone north of Guatemala

Maybe tariffs worked well during the Gilded Age post Civil War and pre WWI. But we have gone way beyond that today and tariffs don't make sense . Especially in this case. You might as well slap tariffs on California if you are Texas

You’re missing the point.
We shouldn’t be dependent on anyone.
Is it nice to have a free market but we should never depend on china or anyone else for shite.