Only logged in members can reply and interact with the post.
Join SimilarWorlds for FREE »

Trump's Tariff on China - what's the truth?

Poll - Total Votes: 22
Agree with Trump on the Tariff
Disagree with Trump on the Tariff
Show Results
You can only vote on one answer.
I am confused about Trump's tariff on Chinese goods. Trump declares that the tariffs are absorbed by the Chinese and that it has no effect on the American consumer. American retail companies say that this is not the case. Prominent economists from major banks and universities also say that this is not the case.

Retailers and economists agree that prices on the Chinese goods sold here in America will increase and this means more cost to the American consumer.

Trump says that both the retail industry and economists do not know what they are talking about. He has more expertise than these groups because he is a billionaire businessman and he knows how to make a deal ... and that millions of his MAGA followers agree with him.

I don't think that because his millions of followers support him that this negates what the American retailers and economists are claiming. Nor does it follow that just because one can make deals means that one is an expert with such complex subjects such as trade economics, market supply and international currency exchange.

Has our country finally reached the point that we believe a demagogue over facts coming from the evidence provided by experts?

If this is so, I'm genuinely concerned. This is beginning to take on more and more the aura of 1938 Germany.
This page is a permanent link to the reply below and its nested replies. See all post replies »
As you say, those retailers and economists simply make claims. Definitive reckoning is necessary - data analysis.
samueltyler2 · 80-89, M
@EugenieLaBorgia unfortunately, the "true" data won't be available until after application, and then it may be too late. The global economy is shakey at best, any more stress and we may find ourselves in another severe recession, this time, interest rates and deficit are so bad that there is little room for use of those to get us out of the recession. In 2008 we barely avoided an economic DEPRESSION, with bold efforts of the administration!
@samueltyler2 That's true but we should be careful about which fortune-teller is polishing the crystal ball!
samueltyler2 · 80-89, M
@EugenieLaBorgia they are all forecasters, so there is a built in error factor which is often stated, but ignored.
@samueltyler2 To be honest, Sam, I think America will be just fine! She has always had difficulties and She'll always pull through!
samueltyler2 · 80-89, M
@EugenieLaBorgia but, we have only once been so divided politically and that "ended" only with the Civil War, which seems to still be a problem for the south. We have NEVER been subjected to such a "leader!"
@samueltyler2 The cohesive force that exists between any group of citizens should be maintained by the citizens themselves.
samueltyler2 · 80-89, M
@EugenieLaBorgia but, that depends on who.and which and how they use their cohesive force. History is not kind.
@samueltyler2 No one man or woman governs the cohesive force between one human being or another. When that man or woman is considered as culpable, it is because of an inept ability in the humans themselves to reach a resolve or compromise.
samueltyler2 · 80-89, M
@EugenieLaBorgia remember Germany in the 1930s. A man elected with less than 32% of the votes became the peer in Europe!
@samueltyler2 Remember the german officers who helped save the lives of Jews?
samueltyler2 · 80-89, M
@EugenieLaBorgia not enough! And not just Jews were annihilated!
@samueltyler2 Quality counts. Those men and women who stood firm in the face of adversity form the foundation of the human condition.
samueltyler2 · 80-89, M
@EugenieLaBorgia I so agree, they were so brave!
@samueltyler2 We must all do this. Never give up!
samueltyler2 · 80-89, M
@EugenieLaBorgia you bet, I call out those expressing hate whenever I can. Let us hope we never need "righteous Christians" again.
@samueltyler2 Those who take the moral high ground are the first to be blown from the top of it by the wind of reason.
samueltyler2 · 80-89, M
@EugenieLaBorgia I am not sure of the allusion. I hope that taking the high ground makes it become the standard.
@samueltyler2 When they take the moral high ground it normally means they have a condescending attitude.
samueltyler2 · 80-89, M
@EugenieLaBorgia that can be one interpretation, I don't think that I am taking that condescending attitude, I sure hope not.
@samueltyler2 You're not.You are very polite and courteous.
samueltyler2 · 80-89, M
@EugenieLaBorgia flattery will get you anything!
@samueltyler2 Always given when well-deserved!
samueltyler2 · 80-89, M
@EugenieLaBorgia thanks, you are sweet. 🥰
@samueltyler2 You're most welcome!