Quo Vadis? said:
Big stick nationalism
trump says tweet loudly and carry a yuuuuuge stick.
Trump announces 25% blanket tariff on Mexico and Canada, additional 10% on China
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Last: 11 days ago by agracer
Detmersdislocatedshoulder
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How long do you want to ignore this user?
trump says tweet loudly and carry a yuuuuuge stick.
Instead of placing tariffs on Mexico, he should levy a 30+% tax on remittances to all of central/south America. Would be MUCH more effective. Mexico would lose their minds over it, as 20+% of their GDP is US remittances.
Dork Brandon wants endless wars and open borders
**** them?Dan Scott said:
We export 1.2MBD of petroleum product to Mexico. If you want to F up Mexico, you limit that. ExxonMobil and Valero will get pissed off though.
Detmersdislocatedshoulder said:Quo Vadis? said:
Big stick nationalism
trump says tweet loudly and carry a yuuuuuge stick.
Classic underestimate of the American entrepreneur.P.H. Dexippus said:
A 25% tax hike on Americans. No thanks, libs.
"You wouldn't want to be tariffed, would you?" pic.twitter.com/MbfUktbv8S
— Eric Daugherty (@EricLDaugh) November 25, 2024
P.H. Dexippus said:
A 25% tax hike on Americans. No thanks, libs.
It's a bargaining position.
Hit them where it hurts to get them to do what you want. Start with a strong position.
If you think they don't cave and 90% of the tariffs go away before being enacted ur a loon.
He did this last time as well and got alot of concessions and almost none of the tariffs except on Chinese made crap ever went into effect.
I think he can do many of the tariffs mainly with executive power.StrickAggie06 said:
Instead of placing tariffs on Mexico, he should levy a 30+% tax on remittances to all of central/south America. Would be MUCH more effective. Mexico would lose their minds over it, as 20+% of their GDP is US remittances.
However, levying that tax on remittances would call for Congressional action.
And we know how anxious the Dems will be to help Trump have ANY type of win.
Why not both?StrickAggie06 said:
Instead of placing tariffs on Mexico, he should levy a 30+% tax on remittances to all of central/south America. Would be MUCH more effective. Mexico would lose their minds over it, as 20+% of their GDP is US remittances.
Mexicans don't pay tariffs on Mexican goods - US shoppers do. Mexico will never pay for the wall. That was complete BS from day one. What tariffs actually do is make imports more expensive so we buy less of them. That's useful as a negotiating tool or to protect or encourage the growth of domestic alternatives.unmade bed said:
Mexico finally gonna pay for that wall!
Why not go 50%?
The fats are gonna have a tough time paying more for guacamole.
Good
Majority of avaocado farms in MX are cartel owned or controlled.
"I've lived through some terrible things in my life, some of which have actually happened."
Mark Twain
Mark Twain
And Most of the mexicans around us prefer a soft peso and are pro Trump.
"I've lived through some terrible things in my life, some of which have actually happened."
Mark Twain
Mark Twain
How does a tariff like this work? Is every item coming across the border from Canada get a 25% tax or only things manufactured in Canada? Not sure I fully understand.
Until "they" pay a price. Meaning we the American people will pay for the fight....
S&P 500 futures turn green.
There are some US companies who moved production from China to Mexico due to the 302 tariffs that will be having some challenging meetings this week.
Wonder if this will send lumber prices up again. Really it's going to send almost all prices up.
Wonder if this will send lumber prices up again. Really it's going to send almost all prices up.
Yup having 11 to 20 million more people here scamming our systems, using schools, hospitals, committing crimes that shouldn't have been committed because they shouldn't have been there and 75000 annual deaths due to fentanyl do nothing to raise prices.Ag_of_08 said:
Until "they" pay a price. Meaning we the American people will pay for the fight....
Would be hard to enforce. There are plenty of underground/blackmarket ways for people to send back money.StrickAggie06 said:
Instead of placing tariffs on Mexico, he should levy a 30+% tax on remittances to all of central/south America. Would be MUCH more effective. Mexico would lose their minds over it, as 20+% of their GDP is US remittances.
Honestly, we just need immigration reform and a clear work visa program like many other countries have.
There seems to be a lot of faithless Trump supporters on this board.DTP02 said:DarkBrandon01 said:
very strategic and surgical and definitely won't mess up the economy
It's a negotiating position. It's pretty transparent but the only thing that makes it work is the perception of Trump's erratic decision-making, so your ilk has played their part.
"He won't actually do that" or "That's not what he really means" is what I hear often
I believe in Donald Trump
I believe that when he says he will do something, he will try to do it.
Have a little more faith in your president.
And also consider stockpiling food in preparation for the collapse
BadMoonRisin said:P.H. Dexippus said:
A 25% tax hike on Americans. No thanks, libs.
The products won't even make it to shelf because the market will adjust and source from non-tarriff impacted similar goods.
That's kind of the entire point of a tarriff....
You realize that cheaper products not being available is the same as a tax hike, right? This isn't the genius point y'all think it is.
Just laughing at the major lack of basic economic fundamentales and undertstanding on this thread.
"I've lived through some terrible things in my life, some of which have actually happened."
Mark Twain
Mark Twain
I think Canada is included because they will agree quickly to the terms and it will be dropped. It is probably already planned. Then that puts public pressure on the Mexican government.
I'll give Trump this. He swings for the fences. His second term will either go down as historic or a colossal failure.
Will be interesting to see.
Will be interesting to see.
Add the US Military at the Southern Border and I am all in!
"Suppose you were an idiot. And suppose you were a member of Congress. But I repeat myself."
DarkBrandon01 said:There seems to be a lot of faithless Trump supporters on this board.DTP02 said:DarkBrandon01 said:
very strategic and surgical and definitely won't mess up the economy
It's a negotiating position. It's pretty transparent but the only thing that makes it work is the perception of Trump's erratic decision-making, so your ilk has played their part.
"He won't actually do that" or "That's not what he really means" is what I hear often
I believe in Donald Trump
I believe that when he says he will do something, he will try to do it.
Have a little more faith in your president.
And also consider stockpiling food in preparation for the collapse
Try harder. That wasn't even a decent effort.
BoydCrowder13 said:
I'll give Trump this. He swings for the fences. His second term will either go down as historic or a colossal failure.
Will be interesting to see.
Better than sitting there with your thumb up your azz and asking where's my ice cream?
so trump clearly still thinks the tariffed country pays the tariffs (lol) and the economically illiterate are cheering it on as 4D chess
Love all the experts (Trump haters) on here. Biden and the dems got us deep into this mess. It's not gonna be quick and painless to get us out. The people have spoken so let's give it a chance.
the net effect is that the consumer pays more. simple example:BadMoonRisin said:P.H. Dexippus said:
A 25% tax hike on Americans. No thanks, libs.
The products won't even make it to shelf because the market will adjust and source from non-tarriff impacted similar goods.
heb buys avocados for a $1 from mexico and sells them for $1.50. now there's a 25% tariff so those $1 avocados now cost $1.25, so they buy avocados from peru instead for $1.10 and sell them for $1.60.
the consumer now pays 10 cents more for avocados. this is why tariffs are inflationary.
Reminder that after tariffs were announced in Q4 2018:
- Stock market dropped 15% in the final few months of the year; first negative year since 2011
- GDP growth slowed to 2% in 2019 and 1.8% in Q4 2019 YOY
- Tariffs did not seem to cause long-term inflation as customers changed their spending habits and only 12% of imported goods were tariffed
- Stock market dropped 15% in the final few months of the year; first negative year since 2011
- GDP growth slowed to 2% in 2019 and 1.8% in Q4 2019 YOY
- Tariffs did not seem to cause long-term inflation as customers changed their spending habits and only 12% of imported goods were tariffed
Old McDonald said:
so trump clearly still thinks the tariffed country pays the tariffs (lol) and the economically illiterate are cheering it on as 4D chess
Yeah, having your large industries gutted because their products aren't affordable in the biggest consuming nation on the planet probably won't affect the tariffed country's economy much.
They'll probably just blow us off and sell to Belgium instead.
BoydCrowder13 said:
Reminder that after tariffs were announced in Q4 2018:
- Stock market dropped 15% in the final few months of the year; first negative year since 2011
- GDP growth slowed to 2% in 2019 and 1.8% in Q4 2019 YOY
Nonsense. All I've read here is that the economy was absolutely on fire under Trump until the China virus was unleashed to steal the 2020 election from him.
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