Cambodia: 97%
US exports to Cambodia: $321.6 M
Cambodia exports to US: 12.7 B
Ratio: 321.6M / 12.7 B = ~3%
Vietnam: 90%
US exports to Vietnam: $13.1 B
Vietnam exports to US: $136.6 B
Ratio: 13.1B / 136.6B = ~10%
Sri Lanka: 88%
US exports to Sri Lanka: $368.2 M
Sri Lanka exports to US: $3.0 B
Ratio: ~12%
Trump is genuinely retarded. Like, he's an actual mental retard and so are most people in his administration and the WH.
this is fucking sad
is america great yet lol
This is by far the most insane thing about this because it makes them all like like genuine retards.
2 more weeks
Trust the plan
And before any MIGAtard economically illiterate buffoons come in with your sub 80 IQ take go ahead and try to replace any of these exports with stuff you make here. Good luck getting americans to buy garments while the garment workers expecting american wages or try to grow tropical agricultural products in bum fuck Iowa. Fucking MIGAtard buffoons
He is a reflection of the American people. The land of retards. He is them and they are him
Please explain to me what the actual problem with tariffs is. For example, do you honestly think we give a shit about 12.7B from Cambodia? You think we can't just make our own shit here? You think their exports are not replaceable?
MIGA!
You do understand that he has imposed tariffs on every single country in the world?
try to grow tropical agricultural products in bum fuck Iowa
Uhh like cotton or wool?
Wasting your time, anon
The manufactured consent brigade is here telling you what you need to think instead of putting things together yourself
Just remember these are your competitors in the market. Keep your head while they lose theirs
Whatever clothing Cambodia makes could probably be made in USA. Do you know of anyone who would sit in front of a sewing machine for 10 hours a day making clothing? Also the price of said clothing would increase by 100% at least. Ya know cause pensions, medical, cost of living and so on.
No you fucking bumbling MIGAtard buffoon. The Cambodian is making garments in a wage that not even the homeless in America can survive on. That is why your clothes are cheap. The Cambodian can live on the wage because he can eat a bowl of rice and live in a tin shack. When we try to make it here the workers here expect american wages and benefits. Guess how much everyone will pay for the same garments if we wanted to replace those exports with shit produced here.
Yeah, and it doesn't fucking matter for almost every country. The only one I can think actually matters is taiwan, for semiconductors, and they're also building a factory in Arizona to avoid the tariffs in the future so whatever.
Two options: reduce tariffs on us, or open your factories in the USA.
Still not seeing an explanation why tariffs are bad.
all according to plan!
your counterparty is composed of people who want America to fail and actively bet against its success, and they are doing extremely well
saar please dont insult trump saaar
trump give me many h1b saar
Also the price of said clothing would increase by 100% at least
Worth it to stop supporting thirdworld shitholes that employee literal toddlers in sweatshops.
I would rather pay more and employ an American. I know so many people that are out of work and can't find work anywhere because of this globalization shit. It's insane. Our labor force participation rate is like 62%. THAT'S FUCKING INSANE.
I like to ask just in case I'm missing something but I notice nobody actually answered my question, just tried to misdirect to emotional reasoning. Typical. Means I'm right.
Also the price of said clothing would increase by 100% at least.
You don't understand how marginal increases in labor/capital costs work for increasing the price of a product. It doesn't work like you think it does. Go back to business school.
So the more the US buys from a country, the higher the tariff? Am I understanding this right? Seems fucking retarded
Their supporters literally ask zero questions whenever Dumpy tells them something. It’s insane.
I would rather pay more and employ an American.
Average household income in Cambodia is $1,500 vs $80,000 in the US
but achshually it's the difference between what the US buys from them and what they buy from the US
Other than that you're understanding it right.
Hang on a minute. I rarely post on this board and don't really get this stuff. So Trump actually believes a country like Sri Lanka should like have no trade surplus with the US? How could that be? It's a much smaller economy, less people, a lot of poverty. How would this work in theory? Why the hell would he impose such a huge tariff? What does this achieve? I mean, he has imposed tariffs across the board on every single country. Won't this devastate our economy and make everything more expensive than it already is?
That's the spirit
Godspeed, anon
implying hiring an American to do it makes the shirts cost $78,500 more
Thanks, you have a good night.
Are Americans gonna work Cambodian wages? Are fully operational factories gonna be built before prices go up? Go tie yourself a noose retard
tariff is for niggers to get more gibdameats
No, it's going to cost more. The Cambodian has more experience and is more proficient at it.
There's nothing wrong with tariffs. They're basically sales taxes. You're witnessing the only time in history that the Left has been pissed off that a Republican president increased taxes.
marginal
You fucking dumb ass marginal cost doesn't apply here. It's a flat change in production costs because of currency differences. Do you plan on producing the rubber and textiles in USA too? Cause raw material logistics is another thing.
AMD even said this years ago. Be ready for a price increase if people want USA produced chips
I would rather pay more and employ an American
You say this but you won't. Every flag waving faggot is dressed head to toe in the cheapest shit they can get.
Cambodia has people working for $200 month wages. you can replace that
occham's razor
he's retarded
Pat Toomey wasn't exaggerating one iota when he warned last month that Trump's truest core belief is that he understands a "trade deficit" not as a macroeconomic term-of-art but rather as meaning the U.S. is getting "ripped off."
Americans are going to want to work for $200/m wages after he's done with his term.
This. No need to overthink it.
Checked
Its a good point
They seem most upset its taxes not deployed explicitly as a punitive measure on politically acceptable targets
he's like if a caricature of a mercantilist walked out of a textbook
cambodia has four cotton harvests a year. iowa gets one.
Your biggest argument on why tariffs are bad because you can't buy avocados and wear 7 dollar shein dresses anymore tranny?
We already have affordable clothes here dumbass
Your country prints as much currency as they want and have every other country on earth producing shit that they sell to you in exchange for this currency.
Your leader decided that this is somehow a bad deal for America
amerifat doesn't understand the comparative advantages that made his nation rich as fuck and wants to live in an autarkic shithole like Best Korea
Two options: reduce tariffs on us,
Impossible since in most cases those tariffs don't exist to begin with. They literally don't exist. Read OP please. Trump's "tariffs" are nothing but the trade deficit US has with that country, in other words if they sell more us than they buy FOR WHATEVER REASON Trump calls that a tariff. In 99% of cases this is an entirely natural occurrence.
or open your factories in the USA.
Lmao
Its economic activity that's happening outside the US. Do you really think we can sell the same amount to poor niggers in cambodia?
Its about increasing domestic production and giving people jobs instead of having people work side gigs to make ends meet.
The cost isn't going to be passed down to the consumer, the loss of profits for the company selling these things is whats being affected.
Walmart sells cheap vietnam shirts for 8 dollars, if you look online you can find american made shirts for 15 dollars.
The only people being damaged are niggers doing gig work that have no avenue to actually improve your pay
Its not my fault that you're stuck doing Uber and working night shift at Walmart. Blame that on the companies that outsourced your currency since the 70s.
But yeah it's totally the trump tariffs and not corporate greed for decades that caused this.
If the government actually cared, they would've enforced the STOCK act
comparative advantages
that would require some posters here to read, I almost never seen comparative advantage mentioned
? It is literally Economics 101, shouldn't all amerifats know about it instead of supporting this retarded amalgamation of nativism, mercantilism and autarky (even the Kimreans got forced into it, instead of doing it willingly)?
15 for an unshrunk basic cotton blend t-shirt with horrible fit
lmao. Nothing will ever beat buying from jiffyshirt.
He's correctly determined that the US is giving that country more money than the reverse, therefore they have money to spare to negotiate.
not pre-shrunk cotton
Let me open this TROPICAL BANANA PLANTATION in the US real quick senpai.
Fucking retards.
How about an imported alternative that's even more affordable and a better value?
We already have affordable clothes here dumbass
Not for long you won't.
Yea this was obvious when he kept complaining that the US subsidizes Canada for 200 billion when a large portion of that 200 billion is just Americans buying Canadian oil. It's so retarded. Trump supporters are retarded.
The extremely price-sensitive poorfags who barely have any disposable income and make most of your citizenry, don't give a fuck about your nationalism and do care about saving even a dollar when buying crap.
Does the cotton actually come from the US?
No. They only give dollar value of exports that companies pay, not quantity of items purchased. It's probably way higher if you use last sale amounts as well. Basically Cambodia has almost nothing to spare.
Yup..just invert the last column and turn it into a percentage.
en.wikipedia.org
Its even more retarded when you look at the price of Texas oil vs leaf oil. Leafs were getting cucked but not cucked enough cause a fuss. Now? That pipeline to BC and trade with China looking way more viable.
Americans get real goods. Mostly "Diodes, Transistors and Similar Semi-conductor Devices" and "Insulated Wire, Cable and Other Insulated Electric Conductors".
Cambodians gets numbers added to their bank accounts.
I am establishing a US wing of my company where the whole supply chain is US, seems like a smart move.
trumptard amerifats know as much about businesses and the world as their beloved leader.
this is basic shit. cost of labor is much lower in poor countries. you need workers + materials to produce shit + ships to transport it. think about it... or, better yet, do some research instead of assuming shit, retards.
Leaf oil from Alberta is some of the lowest quality crude oil on the planet. Like Venezuela tier.
The best oil is Saudi Arabian and fracking oil.
2 for 9
Comparing one-ply toilet paper to cottonelle. From my experience gilden shirts are extremely thin.
You could compare the weight of the shirts to see which one is higher quality
Now when you compare the shirt I posted, someone in the US grew that cotton, someone else had to harvest it. Someone had to transport it to the factory, someone had to be at the assembly line to fabricate it, and someone has to sell it to the distributors
That's good you were able to buy 2 shirts for 9 dollars, but you removed 10 steps from that process that feeds the american economy.
Also if you want mass immigrants, wouldn't it be a good idea to ensure that there are decent jobs that can be full filled? OR would you rather want migrants to stay in sanctuary cities living in hotels with funds from FEMA
This is the most absurd thing I have ever seen in my 34 years of life.
great idea lets tariff the countries we buy the most from we're gonna make so much money and make the americans pay for it.
Yeah, and it's the most based thing a President has done since Nixon. No more outsourcing pollution and slave labor to other countries while America becomes decadent.
dude they don't even know the tariff is paid by importers aka them they think they're taxing fucking foreigners
I looked into it and the company has a good track record with getting cotton from Georgia, Alabama, and 20 other states
All American Clothing Company has its products certified by another firm, Made in the USA Certified, which states that each company must undergo a rigorous audit to show all of its products are produced in the U.S., but it also goes a step further.
All of the jeans sold have a certificate of traceability.
“The certificate provides a traceability number, and with that number a consumer of All American jeans can log onto allamericanclothing.com and go through the process of how their jeans were made. We will show them the American workers who produced these jeans back to the American cotton farmers who grew the cotton,” Beam said.
Most American Clothing Company Jeans are priced at $48.99, T-shirts range from $8.99 to $20, which is comparable to many name brands.
allamericanclothing.com
Art of the deal.
I cannot believe I was retarded enough to give him a shot in 2016. If he lost then he'd have just gone back to the apprentice or some shit
Its not my fault that the government hollowed out our economy since the 70s. If your government really cared about you, they would enforce the STOCK act
Oh god i wish southpark would make an episode about this
Democracy was clearly a mistake.
USA needs like desperately needs leaf oil though. USA is constantly increasing their oil drilling. Since it's mostly light and sweet they need something to mix it with for their refineries for maximum output. Thus dirty leaf oil.
0
and everyone we have a trade surplus with, because you cant do the math, is just a flat 10%
It's hilarious, but also sad and scary.
I don't care about tariffs because I already expect the government to fuck me over no matter who is in charge. When I'm out on the street at least the 100 million new Indians will have factory jobs after being hired by their gold card relatives.
Yup...embarrassing...
Reddit. Go. Back
Trump's "tariff" numbers are just trade balance ratios
no theyre not
it will take years to start manufacturing here and many buisnesses are not going to start anytime soon thinking it will blow over.
what is going to happen is eeveryoine will just say, no tarriffs for anyone at all
all terriffs gone. usa will win either way
Still not seeing an explanation why tariffs are bad.
it is a tax on the entirety of America with the goal of getting factories built that will produce at most a few hundred jobs.
i..i cant,i just cant.
see
BTC: -25% since trump took the office
reddit hates south park retard. they find it offensive
Anon that's very retarded to glean from what he said.
America is anti-intellectual. Economists who took econ 101 aren't trusted.
This is what you get when yes men never say no to a retard who has power.
The third option; stop trading with the USA because they're unreliable and unprofitable, and watch as they lose all their power when the world follows suit.
I don't even get why you'd open factories in the US at this point. We're unstable and unreliable, any good produced here can pretty much only be sold here due to the counter tariffs, which is worsened because the materials you need to import are still getting tariffed. It's infinitely better to just wait for Trump to be gone for the most part.
are you too lazy to calculate them yourself? or just illiterate?
he never expected to win, the whole 2016 campaign was just a loss leader so he could start a 24 hour news channel where he would whine about Hillary all day
Never voted Democrat in my life and hate basically everything libs stand for. But they were 100% right about this retard and his supporters. They really were. These people are FUCKING RETARDED, like legit retarded. I see it now. I am not even trying to insult or mock them, they are actual retards. We live among retards and we are governed by retards.
Why would you not want to outsource pollution?
why is that bad anyways? we should still tariff them. in fact we should do more.
you're the one paying the tariff... its a tax on importers
THIS is insane
THIS is so DUMB
WHAT A FUCKING MORON
can one of you explain, why?
I don't understand why a tariff imposed as a measure to a ratio completely unrelated to actual trade policy is nonsensical
At least when someone like Putin does stupid shit with numbers, it's because they're magic or some shit. He doesn't pretend to know what the fuck he's doing.
His policies won't work to achieve his stated goals, they don't even work in theory. The "calculations" they made are retarded. They're simply dividing the trade deficit we have with a country with our imports from that country. He's basically just taxing you and crashing the economy.
Like you're pretending you know what you're talking about? Answer him.
then why is it only foreigners on this board seething? why are they retaliating/why do they have tariffs on us? it all doesnt make sense to me.. trying to put it together.. what if i just dont buy a car until manufacturing is in the US?
why do the countries getting tariffed react at all if its the US paying?
the dude literally wants to tariff fentanyl
you have an easier time explaining how that would work than listing the ways in which this is retarded
His policies won't work to achieve his stated goals
why
they don't even work in theory
yes they do, why do you think not?
The "calculations" they made are retarded
why
They're simply dividing the trade deficit we have with a country with our imports from that country
yes
He's basically just taxing you and crashing the economy
That's an opinion not fact.
foreigners are seething that the US has decided to dismantle its empire and accelerate dedollarization
Lol
he thinks the fetanyl crisis is being caused by foreign countries and not the actual fetanyl manufacturers in the united states
he also thinks selling fentanyl illegally can be taxed
why are you so angry if I shit my pants then sit down next to you? they're my pants
is this turd derangement syndrome?
Because it affects their own markets and exports. It's a lose-lose scenario.
then stop dragging down my fucking stock market by being retards.
you're a subhuman distracting from the fact that you don't even know what the tariff is and now you're accusing others of implementing tariffs when you're using a fucking pct of the trade deficit lmao.
debate club is that way champ
are you sure? seems like the US has been declining for a long time. i can only see good. are you sure it's not because you're worried india's economy will suffer? lil jeety?
asks to elaborate
dodges the question
classic jeet
If you're actually interested and not just shitposting here's a video that explains it well
youtube.com
every country has tariffs what are you talking about
pic related
Idgaf, if Americans want to destroy their privileged position of having the world reserve currency where they can print infinite money to pay for nigger EBT where every other country has to shoulder inflation, then I am happy.
Americans will actually have to work for once in their lives rather than just printing money and leeching and Bitcoin will supplant the USD as world reserve currency.
How do you expect a shithole third world country, where people work for $2 a day and live in plastic shanties, with a GDP a fraction of California's, to get the money from to close their trade deficit with the US?
Butlerian jihad NOW
ESL can't read or green text
sincerely do the needful and kys
do you know what nafta stands for? or better yet look up what USMCA that replaced it is. w/e i'm tired of explaining to a moron but no not every country has tariffs on every category and US actually have preferential treatment from mexico and canada.
off you go >>>/reddit/
No, I'm talking to you not a youtuber. If you cannot gather the braincells to type your thoughts out, don't reply.
Perhaps the corporations gutting their resources for pennies will.
nothing productive ever comes out of engaging with retards
I guarantee you that dumb ESL faggot has close to 0 investments and is treating Anon Babble like Anon Babble 2.0 to get his ragebaiting rocks off
There's no point. You're in a cult led by a retard.
imagine forcing jobs to be here so we can tax them, use those funds along with spending cuts to find these deductions
Any armchair economist wanna say why this is bad too?
just let the us retards starve, they're screeching about having a trade deficit meanwhile they're a country of parasites that hijacked global trade by pegging it to their dollar.
I wonder how long it'll take them to realize a trade deficit means you under-produce goods not a fucking subsidy
because your car is now 25-50% more expensive and your dollar is going to be worth less and less each year?
lazy low iq reply
I didn't think you guys were capable of explaining your seethe
Lol
The orange retard quite literally doesn't understand the difference between a tariff, a trade deficit, and a budget deficit. He conflates all three regularly as if they were the same thing. That's why he can say retarded shit like the US "subsidizing" Canada and Mexico as if that was taxpayer money going to them.
assumptions assumptions assumptions
his underlying assumptions are fucktarded and there's a lot of them to get to that point
spending cuts
close to impossible in a recession
tax deduction outweighing demand destruction
tax deduction + tax cuts + lowering the deficit somehow
0 lead times on reshoring efforts
you're all so fucking retarded and I just want you to know it's extremely obvious to everyone
why is forcing companies to either take a smaller cut (never going to happen), reduce wages (reducing disposable income) or increase prices (thus making consumers pay more) bad for the economy
A truly profound question that could only come from a Anon Babble user.
All the liberal wine aunts from 2016 have been completely and totally V I N D I C A T E D.
APOLOGIZE NOW
we NEEEEEED slaves making our goyslop!! Why won’t you think of the needs of fast fashion?!?
Faggot.
Because they're trash people. They really think they can get someone to pay for their spending. This is where the whole "Mexico will pay for it" schtick came from. MAGAtards are just trashy people.
They really think they can get someone to pay for their spending
care to elaborate on this one lol
Who cares how he got the numbers.
America is going back to being a manufacturing powerhouse.
Companies are either going to make stuff in the U.S or Americans cant afford to buy their products.
The thing is the way their "great" leader keeps selling it is exactly that. Trump keeps screeching over and over again that doing tariffs will make America rich again on the back of other's countries. Trump keeps on flip flopping on what he wants to do with tariffs so none of his people have felt the sting of the tariffs yet, but the minute they realize they have less buying power than they did a year ago is probably when they might realize something is up.
his formula for the supposed tariff is us's trade deficit/total trade between countries.
So if I sold you 10$ of goods and you only sold me back 1$. he'd be treating that as if i put a 90% tariff on him.
Obviously that's not a tariff.
Don't feel bad, anon. You could have been a principled republican only to see all your peers suddenly decide that this meant unequivocally agreeing with the retard. Now I'm a libtard and a RINO. Gonna take that Colt retirement plan soon.
we NEEEEED to make the poor pay more for everything!!! Why won't you think of the needs of the american industrialists?!?!
Retard.
99% of cases this is an entirely natural occurrence.
Retarded. Persistent trade deficits are only possible because of the reserve currency status of USD, necessitating USD monetary expansion at the rate of global trade. This is a highly artificial state which does not benefit America (only parasitic oligarchs)
how are you going to manufacture stuff when you've effectively put a tax on parts and steel?
Anon, there's nothing to answer. The President's decisions are stupid on their face. This is like if I asked you to name all the planets, and you showed me the quadratic equation, most likely the reverse of this. The two things are unrelated. There is no connection between a trade deficit and a tariff. That is not a way to calculate tariffs. It's not even "wrong." It's just nonsensical. They are the ramblings of a madman.
low iq
he'd be treating that as if i put a 90% tariff on him
where does this come from?
Tax is tax. The tariffs are revenue neutral so don’t actually impact (working) Americans.
Companies have to pay the tax if they want to sell to Americans.
cheap goods for sale!!
oh boy I'm buying it all cause i got papa's credit card
be grateful i'm subsidizing you also how are you going to pay me back now for this 100% tariff you put on me.
sir I didn't tariff you i just sold you stuff
yeah well i didn't sell any back to you that's a tariff right now 100% tariff be grateful i'm only going to charge you for half.
a tariff is a tax paid by the importer aka the americans are paying a tax to the american government for buying from foreigners.
If foreign goods are too expensive from tariffs then Americans will just buy from good made in America.
There is no connection between a trade deficit and a tariff
What? How would these two not effect one another?
green text
lol what the fuck who are you morons
A lot of this shit doesn't make sense to me. Columbia puts a tariff on coffee, so we tariff them back on coffee...but the US doesn't really PRODUCE coffee outside of that one Hawaiian type so basically we're paying higher prices for stuff we don't make ourselves because we don't have the climate for it.
You're in a cult.
Gl with that you don't produce enough raw goods. the trade deficit is literally telling you that you don't produce enough to fulfill your needs so you need to buy abroad.
Plus you're a country that manufactures that buys material/parts from abroad.
you're a fucking moron and your comment chain proves it a tariff has nothing to do with a trade deficit you fucking retard
What? How would these two not effect one another?
You can't calculate the tariff from the known trade deficit, but you know that, anon, and if you don't, then you should see yourself out as you are not qualified to post here.
this is so fuckin shitty
fuck trump
tariff has nothing to do with a trade deficit
I am not sure what to tell you, it has direct influence on it. Dumbass.
the tariff US puts on Columbian Coffee means if an american buys Coffee from Columbia they have to pay the tariff.
You aren't taxing foreigners you're taxing yourselves.
You can't calculate the tariff from the known trade deficit
WHY NOT?
You morons cannot answer.
Yeah I get that, but the point of a tariff is to benefit domestic production. Again, America doesn't really have a climate for coffee bean production, so we're paying the tariff for literally no reason other than because Columbia has tariffs.
If foreign goods are too expensive from tariffs then Americans will just buy from good made in America.
America, or really almost anywhere else in the world for that matter, doesn't have the cobalt needed to make electronics. It relies on Congolese slave labor.
The only incentive i could see is to incentivize americans to buy from other countries that produce coffee. But aside from that Ya i'd agree kind of pointless and probably more so out of spite then practicality.
you don't produce enough raw goods
there is nothing stopping us from producing more raw goods.
2 plus 2 does not equal 5
HURRR WHY NOT?
made in American
THERE ARE NO AMERICAN-MADE ALTERNATIVES TO BUY YOU DOLT. This is the fucking crux of the issue. US hasn't had a manufacturing base for the past seventy years. Do you think you can just spin-up refineries and factories on the fly in fucking Idaho to circumvent the fact that the critical, tightly machined widget you need to produce your whatsit is now 90% more expensive?
Actually let me scratch that, other places DO have cobalt, but we've subsidized cobalt mining to the Congo because mining it gives everyone working there cancer and poisons the ground and water. We see that as not worth it, better it happens to them than us.
except being in the country with one of the largest wages and honestly worst population for manual labor. Some guy in india's going to work hell of alot harder to feed his family for a quarter of the wage you'd get from some highschool slacker looking to do a part-time job.
coffee bean production
Hawaii would be ideal. Would beat the meth production.
I mentioned Hawaii, they do grow beans there, and Kona is quite nice. But coffee actually changes in flavor profile based on the altitutde it's grown in, the humidity of the air, and the acidity of the soil, it doesn't taste the same grown everywhere
not when you are supposedly calculating a country's tariffs on your goods... you're too stupid to understand how stupid this is lol
Then how did Trump do it?
coffee
Do you think this will affect my Phase Connect order?
Anon this isn't /pcg/.
Also, maybe?
True, but my country grows beans and is not reknown. A fren of mine does, his beans are a million times better than anything imported. But the globalised supply line cucks him from growing.
No more choccy milk for you, Amerilard
if the wage is even a penny more than working mcdonalds, most college-aged Americans would gladly slave away in the coal mines to avoid social interaction and service work.
not to mention the amount of immmigrant deliveristas living in sardine cans working for less than minimum wage is literally insane. I think there is legitimately no country on earth that has this much accessible labor right now.
immediate global tariff wall with no buffer
What happens to the people who are making just enough money to survive and everything goes up 10% at the minimum? Inflation during Biden's term already pushed a ton of people to the brink.
Upset that your slaves have been taken away?
This is such a self "own" lol. You think you're so clever and figured out something amazing. You completely missed the fact that imbalanced trade is Trump's entire point. He wants more things made in America. This forces nations to equalize their trade with America or face penalties allowing this manufacturing to move back to America. Tariffs essentially destroyed China overnight. Every nation will be forced to buy American goods to equalize their trade balances making America a global manufacturing superpower.
Check mate.
indians would kill for a us macdonald wage. Also the whole ICE stuff kinda got rid of the slave labor class so there goes all the cheap labor that trump would've needed
Tell me, will this also end the US national debt?
Also the whole ICE stuff kinda got rid of the slave labor class so there goes all the cheap labor that trump would've needed
No it hasn't. Trump is already talking about importing millions of indians for these potential new jobs. He's just importing the slaves to directly rape you instead of raping you economically from afar.
Considering Trump fucking loves to deficit spend, lolno
It will take a giant chunk out of it. However, the real national debt will be wiped out when every nation is forced to support US manufacturing or have their economies crushed into dust. When everything is made in USA the debt will be abolished overnight. Look at the GDP growth in china the last decade now apply that same growth to America. It will be another golden age.
Check mate again.
I know this is bait but his entire policy premise completely ignores a concept as old and simple as comparative advantage, something they literally teach in high schools
equalize their trade with America
There's two ways to do that, anon. Either, the people of those other countries get enough cash that they can buy American goods and services at an equal rate that the US buys from them.
Or, and this is more likely:
Americans stop buying foreign goods because they become unaffordable.
Or they'll boycott American goods.
Or it'll start a war
You're so fucking retarded lmao.
boycott an economy that is 65% of the global stock market
let me know how that works out for you.
A tariff based on trade deficit makes total sense and will achieve exactly as Trump has stated. It will reduce the deficit, push manufacturing to USA etc.
If you base it off their tarriffs then you only will encourage a trade war in which both sides will be hurt much more in the long run. To no real great benefit to the overall goal.
but yet drumph bad, im too stupid, i get it.
It will take a giant chunk out of it.
Why are you lying, anon? You and me know, this is bullshit. Even if you heavily taxed all imports, and somehow discounted secondary economic effects, you would not make enough to make a dent in the deficit, especially when you consider that he plans to do more tax cuts. You're a dishonest liar or a retard. Pick one.
Yes anon, that's why Germany didn't cut itself off from Russian gas when the war started, because it would be economically suicide to do so and people will obviously choose economics over their principles in the end.
Wait...
It actually wouldn't be all that bad. Most of the wealth generated in the US in the last few decades was software. Even if they couldn't reproduce it themselves, they could pirate it.
documented h1-b visas have to be paid minimum wage anon. The illegals had no choice they were paid under the table and had no recourse since if they refused they got ratted out to ICE
It's a hard sell to elites who can self-deal, but it turns out that stock markets can't build tanks and tractors.
>don't need us airplanes
>US oil can be subsidized from saudi arabia
>US doesn't even produce enough foodstuff to be self-sufficient
Ok? all you've got is you hijacked global trade by pegging your dollar onto it then threatened sanctions on countries that tried to divest from the US dollar. Not really doing too well on that front when you're implementing global tariffs and committing sucide on your economy.
The only upside of all this is that the economic pain it'll inflict will remind everyone why tariffs were a fucking stupid thing to implement back in the day and why we got rid of them.
Actually H1-B have to be paid above the prevailing wage, because the excuse is that there is no talent and they have to look to the outside. These guys do have advanced degrees and such things, but the problem was that they sent them back to outsource jobs. That's how it used to work. If they had been able to stay and compete, it wouldn't actually be a big deal because they would either be code monkeys who couldn't deal, or were the real deal and could command higher wages. H1-B was always a bullshit program.
That's already happened.
When they end income tax on less than $150k, I will be making +10% more every year...so ¯_(ツ)_/¯
I wish the rest of the world actually decoupled from the US. that would be great... but sadly it won't happen anytime soon.
When they end income tax on less than $150k
Unless they're going to tax the everliving SHIT out of the rich (spoiler: they won't, this isn't Europe), how do they expect to pay off the debt with not enough revenues coming in?
but the tariffs
See here's the difference between a tariff and an income tax. A company can avoid a tariff by just operating in America, a taxpayer is hunted down for not paying their taxes.
1. Immediate Retaliation and Trade Wars
Protectionist Escalation: The country imposing tariffs might provoke retaliatory tariffs from trading partners, who view the policy as unilateral and unfair. This could spiral into a trade war, even if the formula is theoretically "fair." Human nature often prioritizes self-interest over abstract formulas.
Targeted Retaliation: Partner countries might not retaliate evenly. For example, they could impose higher tariffs on politically sensitive goods (e.g., agricultural products from a key constituency) to pressure the original country’s government.
Diplomatic Tension: Bilateral relations could sour, undermining trust. Countries might delay or cancel diplomatic talks, leading to broader geopolitical friction.
2. Business Reactions
Market Diversification: Exporters hit by tariffs would scramble to find new markets, potentially overwhelming smaller economies or disrupting regional trade agreements. Companies might invest in countries not subject to tariffs, shifting supply chains overnight.
Lobbying and Negotiation: Domestic industries in the imposing country (e.g., manufacturers) would lobby for exemptions or favorable terms, arguing their sectors are "too vital" to let tariffs distort competition. This could create loopholes or special cases.
Price Gouging: Companies might exploit higher tariffs to raise prices, blaming costs on tariffs rather than passing savings to consumers. This could erode public trust in the policy’s effectiveness.
3. Consumer Backlash
Higher Prices, Frustration: Consumers would face costlier imports (e.g., electronics, clothing), leading to complaints about inflation. If domestic alternatives are inferior or unavailable, public dissatisfaction could rise.
Short-Term Panic Buying: The announcement might trigger a rush to buy imported goods before tariffs take effect, followed by post-tariff shortages and frustration over limited choices.
Nostalgia for "Old" Prices: Consumers might resent the policy, even if the trade deficit improves, because they associate tariffs with higher costs rather than economic benefits.
4. Political Fallout
Populist Gains or Losses: The government imposing tariffs might gain short-term popularity for "taking a stand" against unfair trade. However, if consumers suffer, it could backfire. Politicians might blame partners for retaliation to deflect criticism.
Domestic Industry Booms and Busts: Protected industries (e.g., steel, textiles) might lobby for permanent tariffs, even after the deficit shrinks. This could entrench inefficiencies, as companies rely on protection instead of innovation.
Election Dynamics: The policy could become a campaign issue. Opposition parties might promise to "reduce tariffs" or "negotiate better terms," flipping public sentiment depending on economic conditions.
5. Gaming the Formula
Creative Accounting: Partner countries might manipulate trade data (e.g., underreporting exports or inflating deficits) to lower their tariff rates. The imposing country could face disputes over what counts as "exports" or "trade deficit."
Export Reductions: To reduce tariffs, exporters might intentionally cut shipments, creating artificial shortages to shrink their denominator in the formula. This could backfire if it harms long-term trade relationships.
Tariff Arbitrage: Businesses might route goods through third countries to avoid tariffs, complicating enforcement and creating new inefficiencies.
Lobbying and Negotiation: Domestic industries in the imposing country (e.g., manufacturers) would lobby for exemptions or favorable terms, arguing their sectors are "too vital" to let tariffs distort competition. This could create loopholes or special cases.
If the late 19th century was any indication, the opposite happened. Once they started getting favorable market share, they lobbied like crazy for more and more tariffs so that they could keep out foreign competition.
And yes, it did result in higher prices and lower quality for the average person, as what usually happens with protectionism.
Eh, just might if Trump isn't stopped.
6. Unintended Economic Effects
Currency Fluctuations: Countries might devalue their currency to offset tariffs, making their exports cheaper and imports more expensive. This could lead to a cycle of competitive devaluations.
Inflationary Pressure: Higher import costs could spill over into broader inflation, especially if domestic producers raise prices in tandem. Central banks might hike interest rates, slowing economic growth.
Supply Chain Disruptions: Global supply chains might fragment as firms localize production to avoid tariffs, increasing costs and reducing innovation from cross-border collaboration.
7. Institutional Inertia
Slow Policy Adjustments: Even if the tariff formula is static, real-world conditions (e.g., recessions, technological shifts) might require changes. Bureaucratic delays or political reluctance could leave outdated tariffs in place, worsening outcomes.
Bureaucratic Bloat: New agencies or committees might emerge to monitor the formula, leading to administrative costs and potential corruption in data collection or rule enforcement.
8. Psychological and Behavioral Factors
Fear of Scarcity: Consumers and businesses might overreact to the announcement, stockpiling goods or over-investing in alternatives, creating market distortions (e.g., empty store shelves).
Herd Behavior: Investors might panic-sell stocks in export-dependent industries, even if the long-term impact is uncertain. Markets could overreact, amplifying volatility.
Trust Erosion: If tariffs fail to reduce deficits or cause unintended harm, public trust in economic policies might decline, making future reforms harder.
Sorry, you probably expected a short 10 word answer, and now you will have to ignore all of this text under the pretense that it was AI generated, even though it is correct and I would write the same text personally if I had all the time in the world :(
Next time just say 'I dont know'
Trump needs to be removed from office by any means necessary.
I'm now on the side of the deep state. Please remove this cocksucker. I can't fucking believe how this is even allowed. How does the President have the power to wreck the economy at a whim?
crashing the economy on purpose, one hell of a strategy
A trade deficit can be run up for a lot of reasons. It's not always (in fact it's rarely) the result of tariffs or barriers. Imports and exports are NATURALLY going to be different between two countries with SIGNIFICANTLY different population sizes, levels of wealth, appetite for certain types of imports, possessing different types of manufacturing capabilities and natural resources.
The wrong assumption here on the Trump administration's part is that fair trade means imports and exports should be equal, which is insane. In what world would it make sense that we export more into Vietnam (a country with WAY less purchasing power than the US) than the US buys from Vietnam (which can be due to specialized industries and natural resources they have that we don't).
It's a bold move, let's see if it pays off for him
The sad thing is that he shouldn't because matters of tariffs are supposed to be handled by congress, but because Trump can find loopholes and pull emergencies out of his ass he can do whatever he wants.
Tariffs should never be handled by one single person because just speaking about them can cause an utter shitshow as we have been seeing.
I know. I checked if AI knows the same things that I know. It is common knowledge, so it does, and I posted parts of the text I considered the most interesting.
because matters of tariffs are supposed to be handled by congress
I'm pretty sure tariffs are one of the few parts of the economy the president does legally have direct control over and it's not even a loophole. He's not breaking the rules on this one
Chile
Also an interesting point:
Large vs. Small Traders: Countries with larger export volumes to the imposing nation might face lower tariffs, while smaller partners could face higher rates. This could disadvantage smaller economies.
There's no need to fuck Cambodia so hard, total trade volume with it is tiny compared to larger economies that we trade with. It's just stupid.
For example, do you honestly think we give a shit about 12.7B from Cambodia? You think we can't just make our own shit here? You think their exports are not replaceable?
I'll summarize first and then explain. The tl;dr is "There is not enough American demand for the quantity of goods produced at most modern factories to justify having a manufacturer for every single good we buy from other countries"
I can explain in more detail if you're interested
He was given those powers by congress. The power to tax and levy tariffs belong to congress alone otherwise.
I would rather pay more and employ an American
Here's what happens:
"Well I'll pay an immigrant or outsource to the third world and make the same good for 1/10th of the price and have my version of the same good outsell yours"
Now you'll say "well I'll petition my government to tariff foreign made goods"
Then other governments say "well we'll tariff goods coming from your country in return"
And the reality is most factories that hit economies of scale are producing so much of whatever they make that the domestic appetite is not enough.
Industrial Economies of scale in the modern era is kind of unsustainable with selling only toa domestic market
Congress is given tariff powers by the Constitution, but trump is invoking an old law that lets the executive branch set tariff levels under an "emergency"
congress could easily say "no, it's not an emergency, fuck you" but they choose not to, because the GOP is fully cucked to trump now
Well and nearly every American business hires illegals in the jobs that don't require fluent english because it turns out the TRUEST American value that right-wingers always fall into is "wow, I could make even MORE money?"
i didn't read it but chat gpt did and here is its reply
I realized a second major thing: If America tariffs everyone and everyone tariffs America in turn, that means that for every good, one of two things will happen:
Americans just go without it because no business finds it a worthwhile enterprise to set up production for a good they can ONLY sell to Americans
Or
Existing businesses see a CRITICAL drop in their revenue because they can't sell abroad anymore, especially if other countries start to pick up the slack to satisfy global demand for goods previously made in the US
Trump is doing very real permanent damage to the US's global economic power
well, it used to be
but then the GOP got overrun by the culture warriors who hate gays and brown people more than they like money
Not every tariff sparks a trade war
I think this many against this many entities with this little intelligence put into it might
Because the whole fucking world is encouraged to basically move in unison against the US on this
you can't put tariffs on literally everyone else's stuff and not expect retaliation
Trump has fucked everyone over big time
in the classic Anon Babble style
You asked it to act retarded, and got a retarded answer. Tell it to be smart and do not instruct it to refute it. My original prompt was neutral:
a country is implementing a tariff system based on a simple formula: (trade deficit with another country / total exports from another country)/2, e.g if there's 10 billion trade deficit with another country, and that country exports 20 billions of goods to this country, the new tariff rate is 10/20/2 = 25%
the formula is not recalculated continuously, the tariffs are set once, and then the administration may consider changing them later
would that work in theory, and what are the expected consequences of this policy?
...
theory aside, and taking human nature into account, what do you think would be the real result of announcing such tariffs?
The average joe is but the truth is that the GOP and right-wing political establishment has as much of a vested interest in letting illegals into the country.
Let me ask you a hypothetical: let's say a police department did it's job SO well that there was no longer any crime in a town. Over time, the people question why they even need a PD as large as the one they have. So they end up losing funding, some officers may even get let go, and so the PD loses overall as a result of doing their job well.
The GOP is smart enough to see this issue. That's why the deportation strategy is essential here. The GOP would rather let illegals in so that they can make a big show of deporting them because if they actually figured out an obvious way to keep them out in the first place, people would stop supporting the GOP to solve the migrant problem.
So while the average constituent and even pundit might be aggressively anti brown and anti gays, the leadership understands that they have to maintain the problem and make it look like they're shoveling water out of the boat instead of just plugging the hole. No problem = no votes
Trump probably doesn't even think about it because he thinks that every country is just going to take this lying down. There is nothing stopping other countries from setting out and trying to make deals with other countries while America gets cut out of the loop because at this moment they are seen are unpredictable and undependable. Two things the markets hate.
I asked it to summarise the 3 posts worth of text because I am thoughtful unlike you. I simply asked it to rebut its own points that you posted.
I leave for a few months and all of a sudden Anon Babble is full of seething retards. The tariffs are good. There’s more to a country than its economy, you fucking soulless rats. We’re healing.
The deflation this causes when companies can’t afford their debt obligations anymore is going to be historic. We will be in a recession for 5-10 years and the rest of the world will be devastated.
The problem with 4 is the people are fickle and blaming another country rarely works, they just go for whoever isn't in charge and when it hurts your wallet, it gets people kicked out of office. The GOP didn't blame Russia for starting the Ukraine war, they blamed Biden for getting involved.
why do my miggas want factories? have they ever worked in those horse mills (you are the horse)?
We will be in a recession for 5-10 years and the rest of the world will be devastated.
That sounds like an easy way to start wars.
We will be in a recession for 5-10 years
tariffs are good.
Every one of you faggots should be publicly hanged for this shit.
erm, are you retarded?
Cambodia exports to US: 12.7 B
That means U.S. citizens collectively give $12.7B to cambodia in exchange for that amount of goods.
There’s more to a country than its economy
I simply asked it to rebut its own points
And you got what you asked for - a wall of sophistry.
they blamed Biden for getting involved.
Which is stupid, because most Americans still support Ukraine and think the President looks like an asshole.
Well and if Trump was smart, he would apply it selectively to certain goods to bring certain countries to talk about how to address the issue of extremely lax labor laws and no minimum wage in certain countries allowing them to underbid the US on certain things.
There's also the elephant in the room of the fallacy of trying to bring manufacturing back from overseas. I won't pretend to have a great grand solution to the issue of job displacement and the shrinking of the middle class but I think maybe we're at the limit of what market solutions can manage (tariffs and protectionism included).
The issue is with all the hollowed out towns along the rust belt and out west, how do you help those settlements and their people? I don't pretend to have the answer but these tariffs aren't going to bring manufacturing back because the whole world is still pretty happy to trade with each other and the US is neither going to build new factories to cater to only its own market while other companies are going to start taking the US's place in the international market and making our companies redundant.
There’s more to a country than its economy, you fucking soulless rats.
cool
I think it's better if you stayed in Anon Babble though you'll have way more fun with like minded posters and save us some trouble
We will be in a recession for 5-10 years and the rest of the world will be devastated.
You say it as if the rest of the world are some sort of Ai in a paradox game and actors with their own self-interests, if USA behaves retarded enough, the rest of the world will just ditch us out while they try to repair the damage.
He will be back for 1939
Uncle Adolf will be pleased
idk what i got i didnt read it and i didnt read your posts I am just relaying messages at this point. If you wish to discuss the tarriffs I am happy to do son (well not anymore I'm sleepy)
The retards are using AI and retard economics and Trump is senile and insane and has a massive following who believes whatever he says. It's ogre.
The other big thing is that there are economic juggernauts who have been waiting for an opportunity like this.
China is going to pounce on this, so is India, so will the EU and even Saudi Arabia. They're going to wait and see if Trump plans to stick to these tariffs for a long time and, if he does, they'll start trying to fill the void left by America's exit from the international market. China will look at every company in Asia and bring them back into their sphere of influence by taking over any trade agreements that Trump has reneged on.
Russia will try to take the US's role as an arms distributor to the world (even moreso than they've already been trying) and the EU is liable to try to be both the intellectual and tech center of the west
The worst outcome here is that everyone builds a new economic balance that doesn't depend on the heavyweight super power of America. That is permanent damage and a loss of leverage that might be irreversible
Well and if Trump was smart, he would apply it selectively to certain goods to bring certain countries to talk about how to address the issue of extremely lax labor laws and no minimum wage in certain countries allowing them to underbid the US on certain things.
That's what he did in his first term, and it seemed to be working fine. I don't know what happened, he got overconfident?
People blame the orange retard and the red hats for this mess
Put them in camps
force them to wear red kippahs
Final solution to the MAGA problem
Can't wait.
this message is being spammed on multiple threads.
beware of glowies.
I don't know what happened, he got overconfident?
Trump during his first term essentially had tard wranglers. Trump fired all those tard wranglers and replaced them Yes men.
I just assume someone told him how Great Britain used tariffs on woven goods to develop their own weaving industry. Trump being Trump, he entirely missed the nuance of the situation.
his donors paid him to pump their shorts
next year he'll be shilling for the next big thing to his mongoloid supporters and they'll lap it up while the economy slowly dissolves and he leaves office hundreds of billions richer, then his sons get to run for office a decade later and repeat
omg ai and games!!
How are so many people on Anon Babble economically illiterate? I would expect this level of retardation from Anon Babble.
I'm of the opinion Trump has basically just two motivations for anything:
Retaliation
He hates it when (in his view) someone doesn't respect his intimidation tactics or strong-arming. So he often likes to turn what resources he has to punish entities that he thinks humiliated him. That's why the amount of money he threatened to withhold from Columbia was $400 million; because back in the day, he tried to sell them a piece of property worth $400 million and they went to another seller instead.
Personal enrichment
He will do almost anything if you pay him enough. If he isn't bent on personal retribution, he's only loyal to whoever pays him most. That's why he goes out on the White House lawn and shills Tesla's, despite the sheer depravity of the President of the United States being reduced to a Car Salesman.
I think these tariffs are based in the 'Retaliatory' motive. Trump's been laughed at by nearly every major leader of every country on Earth save for a few like Russia or NK. I think he's trying to get back at them and, in addition, look like he's being tough and playing hard-to-get with everyone else.
See, the truth is I don't think Trump is very smart. I think he's actually a very petulant and short-sighted person. It's why he surrounds himself with sycophants rather than real managers or technocrats (and then they go full amateur hour and bring in some random editor in chief into their otherwise classified group chat).
I think Trump's temper is getting the better of him and he's trying to lash out and make other countries hurt, without realizing most countries don't have to take this lying down
He seems to have forgotten the part where Britain did that while not letting those countries trade with anyone other than Britain by threat of force, while shoving British goods down their throats. Mercantilism doesn't work if you can't threaten to reduce countries to cinders if they don't play along.
I wouldn't be surprised if Trump gets the "bright" idea to threaten to nuke any country that puts retaliatory tariffs on the US
It’s good when you tax your own citizens, they love losing 40% to the government just for working and getting taxed whenever you buy something. But taxing the other countries? HOW FUCKING DARE YOU!!
My point was, it was a shitty system that was abandoned both because it massively devalued labor in the UK over long-term, while also causing countless wars and basically using their military to set up proto banana republics.
But taxing the other countries? HOW FUCKING DARE YOU!!
Anon....other countries don't pay a dime of tariffs. The price of the good in of itself is the same when someone imports it, the US government just tacks a 40% markup onto it and keeps that for itself. The other countries don't gain or lose money outside of how much trade in general changes.
omg he’s gonna nuke !!!!
Lmfao I can’t take you people seriously
Other countries can’t go their own way without the United States. The trade deficits show that. Who will they sell their shit to?
That's what people used to say about the british empire.
Are Americans really so stupid that they think their trade surpluses are from them being taken advantage of and not because they're fucking rich?
You’ll understand when you’re in line for the soup kitchen or working 12 hour days
The only way to make America competitive with foreign countries is to make America more like foreign countries. Enjoy poverty wages, shit housing, and an early death
Please understand, Trump comes from business, but he doesn't come from the manufacturing side of business, he comes from real estate. And in real estate, the entire point is to fuck the other person and get them to pay more, and if you end up in a deal that wasn't 90% in your favor, then you're a loser.
Almost no other industry works like this.
tariffs are taxing other countries
who do you thinks pays the tariffs you fucking retard?
US real estate
Trump inherited slum empire
The absolute worst kind of business person.
The only way to make America competitive with foreign countries is to make America more like foreign countries.
Or to make foreign countries more like America but fat chance that's happening. Even the poorer countries in Europe which are still way better off than the third world, got hit really hard by the adoption of the Euro which their weaker economies weren't ready for. Life would be unsustainable for most countries if their currency became as strong as the dollar.
tin shack.
Most people in Cambodia are in the lower middle class now.
America was turned into a slum through greedy fingered politicians. He's probably the best man for the job, just through this metric alone. He knows the game and he's playing it.
I've seen enough. Take me to Africa.
Is he playing it for me, though?
taxing the other countries
He's taxing you, you fucking retard. Get over this trailer park trash idea that other countries are going to pay for your spending. That's never going to happen. You fucking degenerate subhuman.
I would rather pay more
no you wouldn't you dumb liar
Damn, I think I'm moving to Cumbodia. I don't think I'll get laid there either, but I will stare.
The bottom pic is Africa though
Moving to Africa, then. I'm going to build a photography portfolio of big African asses, then show it to Asian women to shame them for this. They know it's not their fault, but the drive to be shamed is great.
I think if you are not capable of having conceiving of second order effects for something like this it should be immediate grounds for sterilization. Our species would be so much further along without your end of the bell curve dragging us down, like how you fucking monkeys drag your knuckles across the ground.
I agree. My point is that Trump does not have the literacy to understand why a policy is good or bad or effective or ineffective. He's got a very surface level read of everything
nigger read my post again and tell me where I say trump is going to launch a nuke
why do the countries getting tariffed react at all if its the US paying?
Because if the US importers have to pay a tax to import a product from your country, less are going to do it, which then fucks over that country's export market.
I would rather pay more and employ an American
You'd shit your pants if the price of a t-shirt went from 5 bucks to 250 bucks while your salary stays the same.
Trump's "tariff" numbers are just trade balance ratios
Shame that the average trumper won't even know that, or even have the brain capacity understand it.
I would rather pay more and employ an American.
This is by far the most insane thing about this because it makes them all like like genuine retards.
If you think our economic plan is bad, wait until you check out our plans relating to health :^)
We're actually in a kakistocracy.
Yeah but look at the size o' dat booty though. DAYUUUUUM. No wonder them UN guys can't keep it in their pants.
Amerimutts demand $40k starting for supermarket work. You aren't about to sustainably replace the rest of the world in manufacturing.
MAHA, anon. Prion disease? That's just nonsense invented by the beef industry. Prions are just protein, and protein is good for you.
Time is a flat circle.
This shit just proves magatards are subhumans who should not have rights. You are not sentient. Why do we even allow you subhumans to ruin everything? You should either all be exterminated or at least put in work camps, I'm just so fucking tired of you retards ruining everything.
Women used to sew clothes at home. I can't wait to a return to the norm.
taxing the other countries
Not how tariffs work, its a tax on the importer. A Private company, not a country. That then passes the costs of tariffs onto the consumer.
how to impose Tariffs easily
I think Trump intended to impose them he talked about it during the campaign they agreed with the answer the AI gave them
The US tariffing their goods reduces consumption of those goods. It reduces the overall number of sales that foreign countries can make.
So to dissuade the US from keeping those tariffs, they impose their own tariffs to make it clear it's a two-way street. They'll reduce overall spending on US goods until the US stops reducing spend on foreign goods
I think we got a lot of tourism from April fools
They have to do damage control. They do this on other boards as well.
whats wrong with a trade deficit? why does cambodia have to reciprocally buy the same amount of goods from us as we do them?
This is why Im positive all this opposition to tarriffs online is bullshit. May as well be Jewish troll farms to keep the world a globalist free trade paradise.
Everyone knows what a tarriff is. Get a new gimmick.
In what world would it make sense that we export more into Vietnam (a country with WAY less purchasing power than the US) than the US buys from Vietnam (which can be due to specialized industries and natural resources they have that we don't).
so USA is just supposed to accept a 12b trade deficit that provides no benefit to USA? yeah great, bargain bin tshirts that could be made stateside anyways. americans are better off just saying no thanks altogether, which is exactly what the tariffs accomplish
I know this is not a good faith thread (when is it ever on biz...) but this point is of particular annoyance to me. do you know what the previous plan was to handle the bird flu epidemic before the trump admin took over? preemptively killing billions of healthy chickens of course... to prevent chicken deaths
so yeah letting the flu spread and naturally become less deadly via well understood disease transmission mechanics makes a lot more sense actually
12b trade deficit that provides no benefit to USA?
You're getting products in exchange, you fucking retard. I have a trade deficit with Audi because I bought one of their cars. Do you think that makes me the loser in the transaction, or do you think I got something worthwhile?
There's nothing wrong with trade deficits. Both parties in a trade gain from it . If you didn't, then the trade would not occur. When you buy a loaf of bread from a baker, both of you are better off. A guy with a gun coming in and charging you a 300% fee for buying bread does not benefit anyone but the guy with a gun.
We don't want the products anymore. Cry harder.
Is this really no benefit though?
If American opens factory in Vietnam then sells goods back to Murrica, they get profit money while Vietnam takes 100% hit call "Trade Deficit"
the funniest thing is even when they have a trade surplus, he's slapping a flat 10% tariff just because
americans truly are the most retarded people to ever walk the earth
Retarded. Persistent trade deficits are only possible because of the reserve currency status of USD, necessitating USD monetary expansion at the rate of global trade. This is a highly artificial state which does not benefit America (only parasitic oligarchs)
No you fucking moron. Some of those countriest LITERALLY DO NOT HAVE THE POPULATION TO CREATE TRADE PARITY YOU STUPID INSIPID DICKSUCKING IDIOT.
News flash dipshit, the plan didn’t change, it just worked. They never stopped killing the birds and implementing biosafety, and as a result cases dropped and egg prices went back down.
“Letting the virus roam free” doesn’t work because the chickens that recover don’t pass their resistance on in a meaningful way to future generations. Bird flu is ridiculously lethal to chickens. If you let the virus spread freely you would have lost all the chickens instead of a percentage of them.
This whole administration has filled me with a seething hatred for my fellow citizens. How can people be so incredibly confident in their ignorance? Maybe decadence really has made us complacent. Maybe a few years of hardship will clear out the retards.
We
You're broke and trade shitcoins, faggot.
It may seem simple but it's actually 40D, 5 dimensional chess, trust the plan.
What's good about a trade deficit?
so USA is just supposed to accept a 12b trade deficit that provides no benefit to USA
no benefit to USA
You're making 2 big mistakes
First, you're presuming dollar value is the only value by which something can be measured. However, if I buy an ice cream cone for $10, I am now at a "trade deficit" with the ice cream shop of $10 but I'm better off because I have a cool ice cream cone I can enjoy on a hot summer day. The benefit to us are the goods we import. If I import a Switch 2 from Vietnam, even if we have to pay them $450 + shipping to get it here, the benefit is I get a mother fucking Switch 2 to enjoy video games on. That's a trade deficit but we both leave happy because the value I get is in the thing I imported.
Second, and this sort of goes to the above point, you're looking at the trade deficit as some sort of score-board between two monolithic nations but that's completely off the mark. Nations buy and trade resources for many reasons. Sometimes they need raw materials for their own projects, sometimes they need technologies that they don't have the infrastructure to build domestically, sometimes they just want to buy it cheaper from a foreign entity with fewer costs in their pipeline. All of these things benefit the citizenry, so the intent is that the Nation trades so that citizens may prosper. The deficit isn't a major issue, if anything it's a sign of our wealth that we can run these deficits for the quality-of-life of our citizenry without it breaking our nation's coffers
tl;dr: when you're rich as fuck, you can afford to buy yourself nice things to enjoy
We kill all the chickens not to prevent chicken deaths, but to prevent the virus from spreading. Maybe the reason why we go scorch earth on the smallest hint of bird flu is because it's really really really really really bad?
So if you spread it more, it can spread to wild birds; each time it spreads, there's a small chance that it'll mutate to be the worst possible outcome ever: becoming human-to-human transmissible.
You're nodding to a RFK's plan, I bet RFK doesn't even know what bird flu even does and think it's like the typical flu.
Maybe decadence really has made us complacent.
People need to know how fucking selfish the average American is. If you do shit like ban TEMU or propose 0.05% of the city's budget to something like citystreet cleaners, the average American will go cry about this outrageous program that doesn't make money. But will sit like a happy pig, when their city announces a new plan to triple their policing budget.
We
Doing some herculean lifting on that first person plural pronoun
you get: mountains of plastic crap and tshirts made by slave labor
I get: your material wealth
you don't get to pull this shit anymore lol. We have been trying this experiment for 40 years and the results are in, turns out everyone benefits from free USA trade relations except for the USA, which only gets shat on and hollowed out, weaker and more reliant on foreign industry. I'm sure The EU and other world powers would love to see USA become as economically crippled as all of the individual countries it controls, but trump's got other ideas. Guess you'll have to find someone else to buy your plastic crap, sorry!
transmission at scale lessens the mortality rate of a virus and killing healthy birds to "prevent bird death" is nonsensical sorry. The discussion isn't about "letting the virus roam freely", the previous admin was intentionally killing completely uninfected healthy chicken populations en masse in order to spike egg prices before the handover in a spiteful attempt to make trump look bad
controlling the bird flu outbreak has nothing to do with preventing it from mutating to humans. that shit only happens in illegal gain of function labs
Import from WHERE? There's not a single country that can replace that supply, retard. He tariff'd them all.
Translation: instead of letting the consumer what they want, authoritarian assholes like *you* get to do it instead. Go away.
8 more years to go!
You are mentally retarded
Your mistake was not realizing that these people are the bottom-of-the-barrel retards who vote Republican because their parents did, not because of what the GOP actually believes. MAGAtards aren't Republican because they understand economics and believe in free market capitalism, they're Republicans because the Democrats appealed to blacks and immigrants in the 80s and so the Republicans were stuck with the people who don't like blacks and immigrants. They're populist reactionaries bred by the information age to have no beliefs except disliking people they feel wronged by. You could sell these people on Communism if you phrased it as the people they don't like being the ones they'll get to hang from lampposts.
Every tardwrangler from his first term got fired. It's all Yesmen and his oligarch buddies now. I had some hopes for Rubio and Waltz keeping the clown car on the road, but even they would rather suck dick, then get on Trump's bad side.
The funniest thing about this thread sf all the brown people getting laid off from plastic manufacturing goy slop factories in not America. SEETHING because they will miss out on bitcoin going to 1 billion because their income to buy has been decimated by the orange man.
Baiting or delusional. Manufacturing is not coming back to the US. Why the fuck would a company invest in the US by building a factory there in a climate like this?