The Trump tariffs
- Thread starter scary_robot_music
- Start date
So Im guessing the goal Trump wants is to have China open their factories inside USA if they want to sell to US citizens, just like China does.
The "de minimis" exemption clause makes sense if it's used by regular people - no reaseon to pay tariffs if You send me something locally made in RSA as a gift. But what is happening here is regular commerce and should be treated (taxed) accordingly. Not even to bring back manufacturing (it will take much more than that), but to protect American retail sellers.
In South Africa its a little different though as most of the Temo products are not produced here in South Africa anyway but I understand that logic in USA.
Today 25% tariffs against Canada and Mexico go into effect, and an additional 10% on China for a 20% tariff on chinese imports.
How are we feeling about this? I'm surprised the forum is dead quiet about it. The economy is already screwed, and this is only going to make things worse for a lot of ordinary Americans, potentially for a long time.
I've heard the argument that Trump is just using this as a negotiating tactic to get these countries to lower their tariffs on our goods, but it really looks like he wants to ride this out and get companies to move their manufacturing into the US. It seems like it would take a long time for us to feel the positive effects of that, and a lot of damage could be done in the meantime as a result of a trade war.
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I’m for long term gain over short term comfort but most Americans have been conditioned otherwise and won’t understand it, much less tolerate any immediate discomfort.
Trump should be spending his time and resources destroying domestic enemies rather than concerning his administration and the country with things a healthy and powerful country would be doing to benefit its long term economic prospects. Nothing is going to work so long as you have traitors and enemies of the state running the media and hiding throughout the government.
Apparently one of the damaging effects will be having Honda manufacture Civics in Indiana instead of Mexico. This just the kind of thing you expect to see from high tariffs.
In general, I think that exporting all our manufacturing jobs to low wage nations in the name of (((free trade))) is a bad idea. When you combine this with (((income tax))) to penalize work, and (((welfare))) to subsidize and encourage not working, you end up with the kind of hollowed out service economy we see in the US today. Tariffs and consumption taxes make a lot more sense for building up an economy.
Making America Great Again requires bringing manufacturing and jobs back to the United States.
Canadians are absolutely seething at this. For those that have a bit more of an understanding, then this has been a long time coming and should be pretty straight forward to getting a deal done with DC.
What is interesting though is that Trump has done more for to boost Canadian economic productivity in just 2 minutes of tweets than any single Canadian politician.
The downside of this is that most Canadians are happily running into the arms of China with a growing support of a 'free trade' deal with them. First up is retaliatory tariff on American vehicles and zero tariff on Chinese vehicles. Laughably stupid, but it's Ottawa.
Now our deputy PM is talking to the UK about getting some nuclear weapons to arm ourselves against Trump. Again, Ottawa has completely lost the plot on this.
What is interesting though is that Trump has done more for to boost Canadian economic productivity in just 2 minutes of tweets than any single Canadian politician.
The downside of this is that most Canadians are happily running into the arms of China with a growing support of a 'free trade' deal with them. First up is retaliatory tariff on American vehicles and zero tariff on Chinese vehicles. Laughably stupid, but it's Ottawa.
Now our deputy PM is talking to the UK about getting some nuclear weapons to arm ourselves against Trump. Again, Ottawa has completely lost the plot on this.
Palsofchaos
Catholic
It’s effectively another tax Americans have to pay. Unless there’s a corresponding tax cut somewhere else, I don’t see the point.
Just buy American. Easiest tax ever to avoid.
Palsofchaos
Catholic
Not all of our industries are setup for this. The largest oil refinery in Minnesota is setup to process Canadian oil. 35% of lumber used in USA comes from Canada… can’t buy American if American aint sellin it.
Most border refineries are. Canada, in its infinite wisdom, decided that our refineries didn't align with our green agenda and has been phasing them out. BC went from 7 to 1.5, and Washington state built 4 pretty much right on the border to take up the slack.
Lumber is a bit more complicated since you don't really need our lumber. Canadian lumber companies are busy moving to the US for a number of reasons, one being the speed that timber grows there compared to Canada and the efficiency of regulation and labour.
Unfortunately Canada has owned goal this one pretty badly. I guess the thinking was that the gravy train - US consumers - was going to always be lenient toward Canada's arrogant regulations and we would be able to continue to sell to the US tariff free.
They're talking about eliminating a lot of taxes. That's the whole point, to replace other taxes with tariffs.
Keep in mind that tariffs only apply to imports. Any product you currently buy as an import will now become available from a local source without tariffs, and will create jobs and boost the economy.
This has been happening in Russia since the current sanctions were applied to them. All the products they were previously importing are now being made in Russia, and it's been a huge benefit to their economy.
Just when I think the Canadian people could not be more like retarded sheep, they manage to plumb new depths. It really is astounding, sadly.
What's funny is that many (most?) Canadians don't seem to be aware that Canada and the US are together in NORAD (North American Aerospace Defense Command). So all of the air response stuff across the entire continent (minus Mexico) is a joint op because the US/CAN relationship has been so close for so many years. So basically the US is subsidizing and frankly, enabling, Canada to have such a tiny defense budge.
In my opinion, Trump talking about making Canada the 51st state is his way of getting people to question the status quo, not some signal that he will launch a surprise invasion.
Same with tariffs. Why should one nation be expected to just carry the burden financially? This is really a huge shift away from the previous globalist minded administrations...
Will be interesting to see where it all goes.
Canadian oil is sold at an extreme discount. If only we could get oil from some other place in the USA?
For reference, I found a list of Canadian tariffs on American goods that have been in place for years, decades even:
El Dorado
Other Christian
Won't happen. The USA and UK have a long-standing treaty regarding transfer of nuclear military technology to third-party nations. In order for the UK to do so, the USA must sign off on it. That's why we never got Trafalgar-class nuclear attack subs in the 1980's; the USA kiboshed it. Chrystia Freeland talking out of her ass, as usual.
I think its been considered a win/win because America got to increase their range/early warning by using Canadian ground. But yeah, Trump isnt completely off when he accuses Canada of taking advantage of America when it comes to defense.