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Trump announce tariffs that shock rest of GOP.

Discussion in 'Political Debates' started by Father Heathen, Mar 2, 2018.

  1. Father Heathen

    Father Heathen Veteran Member

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  2. metis

    metis aged ecumenical anthropologist

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    Is he just using this as a tactic to take people's minds off the train-wreck within his administration?
     
  3. Twilight Hue

    Twilight Hue Twilight, not bright nor dark, good nor bad.

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    Givin that tariff money goes to the government of which manufacturers essentially don't pay the tariffs themselves, the consumers do as the end users, I think Trump should look at it more and find ways to actually bring the steel and metals industry back into to the states where they used to be.

    It looks like something Democrats would do tbh. The Band-aid approach to things.
     
  4. ThePainefulTruth

    ThePainefulTruth Romantic-Cynic

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    What train wreck? What the media focuses on, or the incredible amount of things he's accomplished in spite of that and the opposition of establishment Republicans as well?
     
  5. ThePainefulTruth

    ThePainefulTruth Romantic-Cynic

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    As he stated in his campaign, he's going to use tariffs as a countermeasure for countries, or importers in general, who receive artificial government subsidies which they use to undercut prices in the US.
     
  6. suncowiam

    suncowiam Well-Known Member

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    I agree with it particularly since it's against China.

    They do it to us concerning autos.
     
    #6 suncowiam, Mar 2, 2018
    Last edited: Mar 2, 2018
  7. Father Heathen

    Father Heathen Veteran Member

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    [​IMG]
     
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  8. Twilight Hue

    Twilight Hue Twilight, not bright nor dark, good nor bad.

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    That explains it better. Figure the article dosent give the full story. Typical for the media.
     
  9. metis

    metis aged ecumenical anthropologist

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    If you have to ask that question, then you simply are not following the news.
     
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  10. sandy whitelinger

    sandy whitelinger Veteran Member

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    The economics of tarrifs are tricky. As long as we have a national budget deficit we are in effect adding money to the national money supply. A trade deficit helps drain this excess money out of our system.

    Tarrifs restrict this export of excess money. This would cause a buildup of money supply in the US which leads to inflation here. This would need to be balanced by a decline in deficit spending or an increase of money reserves order by the Fed to banks.
     
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  11. metis

    metis aged ecumenical anthropologist

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    But the economists are shaking in their boots because Trump, if he's dumb enough to actually go through with it, will start a trade war, and such "wars" benefit no one in the long run. We simply can't go back to the 1950's.
     
  12. metis

    metis aged ecumenical anthropologist

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    You said it well.
     
  13. sandy whitelinger

    sandy whitelinger Veteran Member

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    Not just autos. They subsidize cheap merchandise because they need American money in order to buy oil (world market oil can only be bought with greenbacks). China does not produce enough oil for its needs and desperately need greenbacks. Their military cannot run long on their reserves and domestic production. This is a dangerous game the Cheeto plays. It's incumbent on the position though.
     
  14. Father Heathen

    Father Heathen Veteran Member

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    You do realize that the Washington Examiner is considered a conservative leaning publication, right?
     
  15. Father Heathen

    Father Heathen Veteran Member

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    That, or their entire world view is exclusively filtered and spoon fed to them by FOX news.
     
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  16. metis

    metis aged ecumenical anthropologist

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    Sorry, but I have to disagree with you here-- it's Fox "news". Get it right, bub! :mad:
     
  17. ThePainefulTruth

    ThePainefulTruth Romantic-Cynic

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    What you're hearing is the reaction of the establishment. Yes, there are some who genuinely don't understand what he's doing, or the ones lacking the courage to take the steps necessary to put things right even though it may mean some initial setbacks--the same as real war. Those tariffs you're talking about were mostly protectionist, which I am against. Trump's are there to eliminate foreign artificial subsidies. Unfettered trade in both directions is the goal. If we had an honest media not beholding to the establishment, people, including those on the trading floors, would know that.

    The same un-information happened a couple of weeks ago when the markets crashed due to fears of rising interest rates, even though an ideal interest rate is almost certainly something above 0%--if nothing else as a cushion against deflation, which would be much worse. Think 2%.
     
  18. ThePainefulTruth

    ThePainefulTruth Romantic-Cynic

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    What, you prefer news censored by the establishment?
     
  19. Father Heathen

    Father Heathen Veteran Member

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    If you're oblivious to what's actually going on, then wouldn't you be the one with censored news?
     
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  20. Kuzcotopia

    Kuzcotopia If you can read this, you are as lucky as I am.

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    Agreed. As someone who votes democrat, I want more control and regulation of foreign trade.

    So yeah, Trump done good this time.
     
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