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The TRUTH about Trump tariffs.

https://www.presidency.ucsb.edu/documents/fact-sheet-the-historic-results-president-donald-j-trumps-first-two-years-office

NEGOTIATING BETTER DEALS FOR THE AMERICAN PEOPLE: [c=BF0000]President Trump is negotiating fair and balanced trade deals that protect American industries and workers.

President Trump negotiated a new trade agreement between the United States, Canada, and Mexico to replace the disastrous and outdated North American Free Trade Agreement.
Once enacted by Congress, the United States–Mexico–Canada Agreement (USMCA) will better serve the interests of American workers and businesses.
USMCA will incentivize billions of dollars in auto and auto parts production in the United States and create a freer and fairer market for American agriculture.
USMCA also includes the strongest-ever provisions on labor, environmental, digital, and intellectual property protections to reflect the realities of the 21st century economy.
The President renegotiated the United States–Korea Free Trade Agreement to preserve and grow jobs in the American auto industry and increase American exports.
The United States and Japan are set to begin negotiations on a United States–Japan Trade Agreement.
President Trump is establishing a new trade relationship with the European Union (EU), working toward the elimination of tariff and non-tariff barriers to transatlantic trade.
President Trump has established a Trade and Investment Working Group to lay the groundwork for post-Brexit trade with the United Kingdom (UK) and has notified Congress of his intent to negotiate a free trade agreement with the UK.
This year, President Trump filed a withdrawal notification with the Universal Postal Union, launching a one-year negotiation to secure fair international postal rates for American mailers.
President Trump has expanded market access for American agricultural producers.
Argentina has opened to American pork and beef, Brazil to American beef, Japan to lamb and Idaho chipping potatoes, South Korea to American poultry, and more.
The Administration authorized $12 billion to aid farmers affected by unfair retaliatory tariffs.
The Trump Administration has begun the process to expand the sale of E15, or gasoline containing 15 percent ethanol, to year round.
Under President Trump, the United States will no longer accept bad trade deals and unfair trade practices that harm American workers and industries.
One of the President's first actions after taking office was withdrawing the United States from the terrible Trans-Pacific Partnership, which incentivized outsourcing.
In 2017, the Administration oversaw 82 antidumping and countervailing duty investigations.
President Trump is holding China accountable for its unfair trade practices, such as the theft of intellectual property, by imposing tariffs on $250 billion in Chinese goods.
Following President Trump's successful meeting with President Xi in Buenos Aires, both agreed to conduct negotiations over 90 days to address the United States concerns.
American steel and aluminum jobs are coming back following President Trump's tariffs to protect domestic industries that are vital to national security.
President Trump imposed tariffs to protect American-made washing machines an
d solar products that were hurt by import surges[/c].

It helps to have a smart businessman at the helm. America had it for the FIRST TIME IN HISTORY with Trump's first term, which is why it took the OBAMA VIRUS to upend this record greatest economy of all time.

It wasn't just a bunch of tariffs. It was expert negotiation.


(And what do you goose steppers have against tariffs in the first place? Your thug UNIONS have been pushing protectionist tariffs for the past FORTY YEARS to protect the American worker. You RAILED against Republicans who believed in free trade.

And now you're wanting to open up the gas chambers in your concentration camps for those who even MENTION the word "tariff."

You wonder WHY everyone says the left is so stupid.
SunshineGirl · 36-40, F
The Administration authorized $12 billion to aid farmers affected by unfair retaliatory tariffs.

Why are tariffs "fair" when Trump proposes them, but "unfair" when done by any other country?

Trump considers any country which has a trade surplus with the USA to be engaging in unfair trade practices, which is bizarre economic thinking.

That $12bn is the direct economic cost to taxpayers of Trump ripping up free trade agreements and having to compensate those whose livelihoods are damaged as a consequence.
PatKirby · M
@carpediem ^Bingo^
SunshineGirl · 36-40, F
@carpediem Protesting against the use of tariffs (which is clearly not what Trump is doing as he seems to think they are an acceptable substitute for income tax) by imposing further tariffs, makes zero sense.

Trade imbalances also occur when a country with a surfeit of goods or commodities trades with another country which is lacking in the same. It does not imply dishonesty on the part of the exporter.

Using impositions or taxes to influence behaviour is poor economics that interferes with peoples' livelihoods - hence why the taxpayer has to compensate farmers - and can have far-reaching unintended consequences.
carpediem · 61-69, M
@SunshineGirl Know what's impacting people's lives? Open borders will illegals pouring through. Wake up kid. Now they are going to be managed. Tariffs is one tool to help do that. There is no way Mexico and Canada will keep things they are. They'll go broke. Trump's tariffs on China never raised prices. China manipulated it's currency to offset the tariff. They've been doing that to dominate market segments. It's an unfair trade practice. Trump collected a crap load of $$ and was able to offset losses to farmers who were dealing with unfair practices on agriculture from other countries, like Canada.
AbbeyRhode · F
Thank you for this. The TDS crowd have been freaking out about it, and as entertaining as it is to watch their empty little heads explode, their complete ignorance, and insistence on spreading the propaganda they are fed, is getting really old.
@AbbeyRhode the TDS crowd didn't notice the tariffs during Trump 45, and continued not to notice them through the entire Biden admin. But now they're an issue because the TV told them so. They are so brainwashed.
Convivial · 26-30, F
As they say, the proof is in the puddin... The basic facts are the states imports many things because they are cheaper than locally produced things ... Making stuff at home is a great idea for everyone.... But it comes with a cost that the ordinary people will bare... Let's revisit this conversation in 2 years say and see how all these " plans" work out
tindrummer · M
Get back with us in a year and try to defend all of that.
Northwest · M
Looks like you're not aware that he USMCA (United States-Mexico-Canada Agreement) is essentially a modernized version of NAFTA (North American Free Trade Agreement), with key differences including stricter labor standards, enhanced protections for intellectual property, particularly in digital trade, more stringent rules of origin for manufactured goods, and a stronger focus on environmental concerns, aiming to address issues that arose under NAFTA like job displacement in certain sectors due to lower wages in Mexico
All of this is factually wrong. Threatening the world to "do as I say or I will crash the world economy" is not fair negotiation.


Telling your two largest trade partners "Do as I say or I will end the economy of the entire American continent" is not fair negotiation.


This is quite literally the economic equivalent of demanding a negotiation and then walking in wearing a suicide vest.
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@Reason10 Actually he has. You know not understanding what is going on not withstanding. Trump absolutely threatened the world economy with total ruin.

He threatened to crash the economy of the entire American continent and threatened 100% tariffs on BRICS which is the largest global economic block in terms of global trade. And he also threatened to throw them out of the US market which also makes no sense so Trump doesn't even understand what he is threatening.

And clearly neither do you.

And he absolutely did not give the US the greatest economy of all time. That is just total fiction.


Well we both know you have no education beyond primary school.

Take high school econ 101 and get back to us.
Vin53 · M
What's so smart about 6 bankruptcies?
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SunshineGirl · 36-40, F
@Reason10 A bankruptcy is (or should be) an action of last resort to protect an individual from unsustainable loss. It should never be used as a business tactic . . until relatively recently indebtedness was a criminal offence. Trump clearly did not pay all his creditors or intend to. There are voluntary insolvency arrangements that can be used to restructure debt and ensure that your creditors are fairly treated. Bankruptcy is completely different. When used improperly it is a coward's option that harms innocent parties and erodes trust.
Vin53 · M
@Reason10 He was banned from creating any more NPO's in NY after being caught ripping off his own kids cancer charity. That's as low as you can go
justanothername · 51-55, M
Awww it seems MAGAs everywhere are feeling threatened and mocked by Democrats. So much so that they have to resort to threats. Yes THREATS. If Dems don’t step into line.

Awww…
Heartlander · 80-89, M
If taxes are lowered by a comparable amount to tariffs, price increases would be offset by people having more cash in their pockets to cover forefathers higher prices.

Think of it as an equity program for the US economy, where US producers can compete equitably with imports in the US. The issue is that “made in the USA” is no longer affordable to the American people. Countries that exploit their workers isn’t fair competition.
Heartlander · 80-89, M
@Jokersswild It's impossible to compete against a workforce that's willing to work for nothing, just for the advantage of the lion's share of the market place. Even competing against complete automation, exploited workers will work for less that the cost of technology.

The problem with Biden's approaches is that the cost of those achievements will simply lock us into more debt to pay for pipedreams rather than planned with return on investments in mind. The cost of a HUD funded housing project is twice that of a market driven comparable project. The regulatory burden effectively doubles the cost.

We have enough Solyndra examples to draw from to trust the government to drive the economy. The best the government can do is to keep the wolves at bay and let US free enterprise do its magic.

.
SunshineGirl · 36-40, F
@Heartlander The only trouble being that the purported aim of the tariff is to restrict international trade by relocating manufacturing. So if that works, receipts by government (which will be needed more than ever to compensate agriculture and other industries who lose out) will fall dramatically.
carpediem · 61-69, M
@SunshineGirl No they won't. Girl, you're lost. Tariffs will cause other countries to open their markets to US manufactured goods. We're already being tariffed. Other countries will bring their tariff rates into line, and the dumping of cheap products by currency manipulation will cease. Obama levied tariffs on Chinese steel. To get around it, the Chinese went through Canada and Canada dumped that crap steel on us. Trump hammered them and suddenly US Steel was opening a new plant. That American made steel was able to be sold competitively on the open market. More US jobs, more taxes. Revenues went up.

Revised tax policies will bring manufacturer's back faster and more effectively than even tariffs. That also happened under Trump when the tax code was lowered. THANK GOD Harris didn't get in with increased corporate taxes. Nothing drives a company overseas faster than higher than the market can bear taxes. Combine both better tax policy and effective tariff use and watch what happens. The US economy will be super energized. Citizens will be making more $$ as opposed to the loss of real wages that happened under Biden. BTW, increased real wages also happened under Trump.

Whine all you want, but life for the average American is going to improve. Surely that must make you angry. 🙄
@DonaldTrumpet This sort of thing is terrifying.
DonaldTrumpet · 70-79, M
@Vin53
OnEZ GotZ Pumpz de 12 incHEr
DonaldTrumpet · 70-79, M
@PicturesOfABetterTomorrow A PErfECtz tomOrroWz
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@ron122 I know more than that. I know things that I don't even know I know, ya know?
fanuc2013 · 51-55, F
@BohemianBabe Better check again, out of Trump's many businesses only 6 have gone bankrupt. This is common for rich entreprenuers. They gamble on a business and sometimes they're profitable and sometimes they're not. He has obviously been successful far more times than failed.
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carpediem · 61-69, M
@Jokersswild I wish there was a violin emoji for times like this
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