Really, there is only two good reasons to make tariffs. One is to increase the price of goods coming from outside of the country vs the price of goods made in the country. Americans paying more is a feature. This, of course, makes us mad when we pay for those more expensive things and makes us more likely to buy the things made in America. This anger isn’t politically expedient, so the Trumper lies to make it seem like there will be no change and that gets to be the big news item.
The second reason for tariffs is to make American goods cheaper in other countries. Ideally If he sets the tariffs to automatically match the tariffs other countries have on imports of American goods, those countries will adjust their tariffs down to make their goods sell better in America. Then, supposing that happens, American goods would be more competitive in those markets.
In theory all that is pretty fair… especially if the tariffs are exactly matching the other country’s tariffs.
Arbitrary or punitive tariffs are counter-productive to both of those items.
Unfortunately, it seems like this basic theory is as far as anybody is planning.
Also, Trump is loud and obnoxious about everything that is done.
The biggest obvious problem is that the US doesn’t have the manufacturing capabilities anymore, so disrupting the trade hurts American companies designed around getting their manufacturing done outside of the country.
People’s wages and living expenses are planned around cheap imports, this puts a strain on the lowest paid people in our country.
Really, if the tariffs ‘work out’ then it is a good thing, but they definitely seem to be ham-fisting it.
I think in trumps mind, the US raises tariffs, which is a line item on the imported goods, he collects said line item. Imported goods end price stays the same (this is what he tried selling to the gullible) and other countries lose out.
Reality is, he raises tariffs, which is a line item on the imported goods, and he collects said line item. Imported goods price goes up. The only loser here is the end user (american) consumer.
Anyone paying attention knew “Reality” was the only outcome
I don’t know what is in Trump’s head. His handlers, at least, if not Trump himself, probably expected the raise in price. The whole price staying same thing is just a story to tell the people who would be paying that higher price and be mad about it. Either Trump knows this or his handlers know this. It isn’t a miscalculation on their part, it is just how tariffs are supposed to move the market. I don’t think Trump gets the tariff money, though he can put it on paper somewhere where it looks good for him. Really, whether or not tariffs raise the price of goods is a nonissue that just gets the news buzzing. The issue that should be on top is whether the approach is going to work at all. I can’t find a source that can step back and analyze it. Either they are pro Trump and will lie to make it sound good, or they are anti Trump and they will over-blow it to try to cause as much fear as possible, whether it is actually doing the real job of alleviating the trade deficit or not.
The outrage is misplaced, it should be laser focused on the administration outsourcing prisons for immigrants, and maybe citizens. Making everything into an emergency is turning all this reporting into white noise, obscuring the real issues.
That is definitely his plan. Why else would he be so loud and purposefully using language designed to make people furious? I don’t think the tariffs are his end game, but he is keeping something hidden behind all these theatrics. He is (probably) not going to run again, so what else could he be up to working everybody up like this? Could be that he is desperately hoping to slip away without going to prison for all his other crap.
Really, there is only two good reasons to make tariffs. One is to increase the price of goods coming from outside of the country vs the price of goods made in the country. Americans paying more is a feature. This, of course, makes us mad when we pay for those more expensive things and makes us more likely to buy the things made in America. This anger isn’t politically expedient, so the Trumper lies to make it seem like there will be no change and that gets to be the big news item.
The second reason for tariffs is to make American goods cheaper in other countries. Ideally If he sets the tariffs to automatically match the tariffs other countries have on imports of American goods, those countries will adjust their tariffs down to make their goods sell better in America. Then, supposing that happens, American goods would be more competitive in those markets.
In theory all that is pretty fair… especially if the tariffs are exactly matching the other country’s tariffs.
Arbitrary or punitive tariffs are counter-productive to both of those items.
Unfortunately, it seems like this basic theory is as far as anybody is planning. Also, Trump is loud and obnoxious about everything that is done.
The biggest obvious problem is that the US doesn’t have the manufacturing capabilities anymore, so disrupting the trade hurts American companies designed around getting their manufacturing done outside of the country.
People’s wages and living expenses are planned around cheap imports, this puts a strain on the lowest paid people in our country.
Really, if the tariffs ‘work out’ then it is a good thing, but they definitely seem to be ham-fisting it.
I think in trumps mind, the US raises tariffs, which is a line item on the imported goods, he collects said line item. Imported goods end price stays the same (this is what he tried selling to the gullible) and other countries lose out.
Reality is, he raises tariffs, which is a line item on the imported goods, and he collects said line item. Imported goods price goes up. The only loser here is the end user (american) consumer.
Anyone paying attention knew “Reality” was the only outcome
I don’t know what is in Trump’s head. His handlers, at least, if not Trump himself, probably expected the raise in price. The whole price staying same thing is just a story to tell the people who would be paying that higher price and be mad about it. Either Trump knows this or his handlers know this. It isn’t a miscalculation on their part, it is just how tariffs are supposed to move the market. I don’t think Trump gets the tariff money, though he can put it on paper somewhere where it looks good for him. Really, whether or not tariffs raise the price of goods is a nonissue that just gets the news buzzing. The issue that should be on top is whether the approach is going to work at all. I can’t find a source that can step back and analyze it. Either they are pro Trump and will lie to make it sound good, or they are anti Trump and they will over-blow it to try to cause as much fear as possible, whether it is actually doing the real job of alleviating the trade deficit or not.
The outrage is misplaced, it should be laser focused on the administration outsourcing prisons for immigrants, and maybe citizens. Making everything into an emergency is turning all this reporting into white noise, obscuring the real issues.
For sure that I had been his plan all along… Distraction after distraction… Hey look over here!
That is definitely his plan. Why else would he be so loud and purposefully using language designed to make people furious? I don’t think the tariffs are his end game, but he is keeping something hidden behind all these theatrics. He is (probably) not going to run again, so what else could he be up to working everybody up like this? Could be that he is desperately hoping to slip away without going to prison for all his other crap.