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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Trump negotiated a new trade agreement between the United States, Canada, and Mexico to replace the disastrous and outdated North American Free Trade Agreement.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.
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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 Many don't realize that the Biden administration has already started the process. We’re already seeing extensive construction of plants, warehouses, and distribution centers being built. These investments are worth billions. So why all the construction? The U.S. is on the verge of rebuilding the manufacturing economy. It's not just Trump’s policies; Joe Biden has been anti-China also.

The real question is whether the U.S. can rebuild a manufacturing workforce that reduces dependence on Chinese imports and competes with China. China holds a comparative advantage; no American is working in sweatshops for less than $20 an hour anymore. China can pay $5 an hour to a far more productive workforce. What will complicate things is Trump’s plan to remove millions of immigrants.
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. 🙄