Trump Tariffs

Can someone explain to me how antagonizing our allies and destabilizing the dollar helps America maintain its economic power?

Also, how does making everything 50% more expensive save the working and middle class?
Is building a shoe factory and a car factory going to save them?

turns out, populism is retarded, especially when the people leading the charge are also retarded

the President is globalist first, America last, that's why

Half of America doesn't own any stock.
They voted for him and currently don't feel shit
6 months or a year later and it's going to be an entirely different story
This man is not making it to the end of term

Trump announced he'd do it thinking it meant foreign countries would pay the American Government money in order to sell their goods on the American market. If you put yourself in Trump's shoes, this is a brilliant idea.
The problem is that's not how tariffs work so his underlings had to desperately come up with something to let him save face by still implementing them, despite the fact this is going to destroy the US economy, all the while obliterating its economic, military, diplomatic, and cultural power around the world.
This is a turning point, nothing the US has done since WW2 is a radically stupid and self wounding as this.

Trump views everything as a deal. If someone else benefits from the US, to him that means they're scamming the US. Most people realize this is retarded, but then, most people aren't the president, now are they? All it takes is one retard.

tariffs will start to hit perishable goods within a week. Watch what happens when they bring home half the amount of groceries they rely on to keep their kids fed

Half of America doesn't own any stock.

I'm not talking about stocks, numbnuts
When the dollar collapses because it's no longer the reserve currency it's going to be really bad for America.

this is going to destroy the US economy, all the while obliterating its economic, military, diplomatic, and cultural power around the world.

this

People's fear of tariffs is largely due to an ignorance of the great depression. Here's what happened:

Federal Reserve and their banking cartel pull off the biggest pump and dump scheme in history

Everyone else panics and sells

Great crash of 1929

Dust bowl

Tariff Act passes in June of 1930

3 years later

Economy shrank by a third, bleeding stops

GDP per capita still the highest in the world at total of 57 billion

FDR makes cuts to benefits and federal workforce

1934

GDP explodes to over 700billion

Doesn't stop growing for decades

Know your history or they will dictate it to you

numbnuts

Rude

It would be cool, but only if immigration was banned and countries were not muttified. Free trade, but not free movement of browns.

>GDP per capita still the highest in the world at total of 57 billion

because pointless government spending counts towards GDP, retard
this doesnt mean the people were any better off

GDP is not a good metric and does not accurately show the health of an economy

it doesn't

Free trade, but not free movement of browns.

well, you're getting the exact opposite of that

all these seething foriegners

Got what I voted for award

Yeah, I'm not defending Trump on this, not at all.

all these seething foreigners

I'm an American and I can foresee a future where the dollar is no longer the worlds reserve currency and the US economy implodes. Then all the disparate races inhabiting America collude to kill all the White people.

South Africa 2.0

The metric to look at is probably life expectancy variation. The more people dying early, the shittier the society. In that metric, communist Spain, scamming Switzerland and Hikikomori Japan would be good choices.
For Spain, I have my doubts the currently younger generations of men will make it to old age, they embraced feminism so much it's now a constant stream of nagging for them. And everything needs a bureaucrat's permission.
Japan finally opened the brown flood gates after getting blackmailed and hit with all kinds of economic attacks, they will start dying from diversity stress soon.
So Switzerland it is.

50% is very conservative. Cameras for example will get around 65% more expensive. Also:

Americans will pay more for imports across the board (electronics, clothing, cars, food, raw materials)

inflation will increase

many U.S. manufacturers rely on imported parts -> costs rise -> production slows -> layoffs

global supply chains reroute away from the U.S. and countries beging trading with each other to avoid American tariffs

U.S. companies start offshoring more just to avoid the higher costs at home

countries will shift away from using the U.S. dollar in trade to avoid being vulnerable to U.S. economic weaponry (BRICS, CBDCs, CIPS gain power)

farmers, exporters and multinationals will revolt against the administration

U.S. companies lose competitiveness globally

stock markets tank due to instability and uncertainty

protectionism feeds protectionism (other countries close up and become more nationalistic)

This is really bad.

miga first

Could you segregate now for the lulz? The Californian hairdo enthusiast dropped some hints this week.
There could be a black America, Greater Mexico, a communist digital dystopia onions state, a racial mafia ruled banana republic to the East, and the Fourth Reich.

I'd visit, should be fun.

Where are these numbers coming from? I just read about 30 to 50%, which would translate to 20 to 30% in sales prices.
Also, isn't this just the usual Trumpian shock and awe negotiation tactic? He starts demanding 50 in a situation that allows for 5 adhering to societal norms, and everyone is happy when the tard gives in to 10.
It also allows to do massive insider deals on the stock market.

Where are these numbers coming from? I just read about 30 to 50%

Camera companies can't eat any of the costs in their margins because their margins are razor thin. And their parts come from various places which will push the price increase way over 50%

Very sane and rational take

I'm sure there wont be riots and looting when the economy collapses

Very logical and not emotionally overreacting

I can foresee a future where the dollar is no longer the worlds reserve currency

first the dollar debt must be paid off
now... wonder who owes more, the US or foreigners...?

This. It's much easier to blame your problems on everyone else than it is to come up with a solution

This is a turning point, nothing the US has done since WW2 is a radically stupid and self wounding as this.

it's poetic in sort of way, foreigners could not destroy America but Americans will kill the USA out of spite for each other.

Very logical and not emotionally overreacting

I could be, but I honestly think that these tariffs are going to destroy the American empire. The only real influence and power the US has is based entirely around having many close allies and everyone using our currency. The Bretton Woods system was designed to suit American interests and Trump is going to nuke it if the US stops being the center of global trade.

first the dollar debt must be paid off

That's way easier if the dollar is worthless.

Ya bro, that's totally how simple our global economic system works.

MORONS.
We don't have any allies WHEN they charge us taxes and tarriffs, and we charge 0.
And now we have $35 Trillion dollar debt and $2 Trillion dollar / year budget hole.
Those aren't allies, those are people who lived on the retardation of US gov.
The retardation stopped with Trump.

meme doesn't have enough nuance

no shit and you didn't answer any of my questions.

Also, what exactly are all of trade partners supposed to buy from us? What is the US going to start exporting OnlyFans subscriptions? Netflix?

MORONS

ironic

"akshyually paying 30% taxes on everything is good for jobs"

ignore the actual job numbers

"billionaires le BAD"

votes for a billionaire to run the country "like a business"

"heh dumb experts stocks aren't the economy everyone knows eggs are the economy"

I didn't even read your questions. Still haven't actually. The image was enough to showcase your stupidity.

My view is that the national debt was going to destroy the country anyway, so orange Hitler is trying to kill two birds with one stone by both reigniting inflation, and forcing the US to reindustrialize. The inflation reduces debt to GDP in real terms, the reindustrialization gives a chance of remaining a power post ponzi scheme collapse. Ultimately he wants the US dollar to no longer be the reserve currency because that's what led to us being uncompetitive in manufacturing, and he'd rather do it on our terms than having the change forced upon us when we're further degraded. Buy gold.

The retardation stopped with Trump.

man defeats cancer by cutting his head off

stfu, you retarded reddit-regurgitating FAGGOT. YOU ARE RETARDED and you should be deported to where they kill faggots

and what if this hail marry attempt actually just turns America into a 3rd world shithole?

stfu, you retarded reddit-regurgitating FAGGOT. YOU ARE RETARDED and you should be deported to where they kill faggots

good point, have any brain thoughts though?

suddenly you homosexuals care about prices?

Then we're in the same position that I thought we were heading anyway.

your questions are already retarded, so why bother answering them? you read a headline, "muh antagonizing allies", and you plant it in your shit brain that it's actually going on

Do you think we aren't pissing off our allies?

*taps the "nothing ever happens" sign*
Nothing exciting will come of this beyond a temporary stock dip

Ultimately he wants the US dollar to no longer be the reserve currency because that's what led to us being uncompetitive in manufacturing

no
that's what lead to high standards of living because the US effectively exports its inflation thanks to $ reserve currency status

you people keep twisting possibly the biggest economic boon in history into this boogeyman because muh deficit and muh debt ceiling which both ultimately mean jack shit
if you're so in love with muh jobs move to cambodia and make shirts with your kids for $0.65 an hour

that's what lead to high standards of living because the US effectively exports its inflation thanks to $ reserve currency status

this guy fucking gets it

Trump is captured by Israel, and it is part of Judaism's end time prophecy that Edom (Western Civilization) becomes fractured and hostile towards one another.

If we could have looked from the outside, from the perspective of the rest of the world, US/Europe/AUNZCA was untouchable, nobody even came close, we could control the entire planet together. So the Jews had to introduce fractures to weaken us. Same with mass immigration on a micro level, severing the US ties with its loyal European allies is severing the ties on a macro level.

What allies?

forgot about poland

Most of Europe

fuck the eu, says nuland

are you schizophrenic or just stupid? allies?

you people keep twisting possibly the biggest economic boon in history into this boogeyman

They gotta justify dear leaders actions somehow
You just wait until he starts fucking with the constitution, thats when the pro level mental gymnastics start

here's a question for you: why did russia invade ukraine? you better answer, faggot

Manufacturing power is what put the USA at the top of the totem pole to begin with. Cheap imports is not a strategic goal. The US dollar being artificially high has made the US industrial base a mockery of what it was. A neutral reserve asset would fix this over time.

This thread explains it all: It's simple: He's a retard. That's it. Stop overthinking it. We are ruled by a retard, a genuine retard.

Because putin is a fucking psycho who couldn't live with the idea of a democratic, non russian dominated Ukraine

Russia, Belarus etc etc

The Wannabe socialists, sabotaging elections including in US, trading with russia and sucking China's cock? It's almost like they want to be Israel.

i didn't ask you, retarded faggot, stfu. and your answer is retarded btw

no
bancor would strip the US of its printing power and then the debt ceiling and deficit will actually matter and constrict your spending and you'll be even more of a "mockery"

don't play this bullshit slogans game....the US was at the right place at the right time and they've more than benefited from the current financial order WHICH THEY DELIBERATELY SET UP THAT WAY

OK Putin calm down

communist spain

you‘re fucking retarded. sorry you had to find out this way

Countries are already moving away from the dollar as the reserve asset even before the tariffs. The debt is going to be devalued as the dollar tanks and inflation increases. Printing power isn't a replacement for industrial power.

You just wait until he starts fucking with the constitution, thats when the pro level mental gymnastics start

we're already there
they got this retard playing calvinball with the global economy while they're watching hourly egg price charts
congress, supreme court, and the constitution are all one big joke

The dollar already dropped 6%, it‘s probably going even lower. Combined with a 30% tariff you‘re gonna see 38% price increases, if we’re just saying at 6%. There is also gonna be huge market and pricing inefficiencies for months. Some tariffs might be payed several times over the course of the entire supply chain. 50% is honestly generous

let's be clear about one thing: you have no idea what you're talking about
there are no job gains big enough to offset the devaluation that would attract that type of investment and you've already lost institutional credibility which believe it or not actually matters to investors
none of these tariffs are surviving the midterms and no company is going to flush billions down the shitter to posture to some backwoods hillbillies who can't tell a tariff from their sister-wife's cunt

Who cares about manufacturing? Your selling software to the entire planet. One retarded intern at microsoft pressing copy paste creates more gdp than the entirety of serbia. Why would you wanna go back to the coalmines, when you could effectively seek rent from the rest of the planet forever. 4% of the world population are consuming 25% of the worlds resources and somehow managed to feel cheated. And instead of taxing rich people to reinvest some of that wealth in your country you‘d rather destroy that wealth entirely for no reason at all.

This is a new cold war buddy, look how fast the "allies" switch allegiances and all the foreign industry that once supplied your people is now supplying the enemy.

The old economy was made in a era before US had a proper enemy, Trump was obviosuly put by the deep state to make all this mess to prepare for the upcoming future.

GDP

yea and India gdp is 5th in the world yet i dont see people moving there

spain IS communist. have you seen what ideas that retarded "prime minister" of theirs has?

rare point in time where "Anon Babble plays potus" would outperform the sitting president

I don't work in finance and have no formal education in economics, only a general interest. Could you explain what you mean by

there are no job gains big enough to offset the devaluation that would attract that type of investment

Are you saying that it wouldn't be worth it? Or that the lack of job gains would affect the national debt in some way, I don't understand.
I think that capital controls are coming, US debt holders are going to take a massive heeming in real terms. That does make me think there would be much less capital available over all, but on the other hand the US government would require much less lending as well, making private sector debt more appealing.

1 EUR = 100 USD

suddenly debt is pocket change

incredible

Ultimately he wants the US dollar to no longer be the reserve currency

anon you know this is what allowed the US to maintain it's defacto hegemony, right?

Countries are already moving away from the dollar

countries were not and cannot move away from the dollar at the moment. It only looked that way because the orange faggot undermined the dollar by printing 1/3 of all dollars in circulation in less than a year

anon you know this is what allowed the US to maintain it's defacto hegemony, right?

it's actually the military, you retarded faggot. who cares about a currency if there's no gun to your head?

trust the plan patriots

The plan:

give away the mandate of heaven to xi jin ping and Have Americans work in sweatshops making samsung phones and underpants for rich chinese consumers

My view is that the era of US hegemony is coming to an end, and that the US dollar being the reserve currency will no longer be accepted by competing powers.

Trump wants that, he doesn't care about GDP per Capita.

it's actually the military, you retarded faggot

muh military

17432693423.jpg - 998x1008, 71.09K

tariffs are a corporate tax hike, retard

do these retards think the stock market exists in a vacuum

the era of "reserve currencies" is coming to an end, it's time to graduate from the stock market, put on your big boy pants and learn forex

My view is that the era of US hegemony is coming to an end

technically it is true and it naturally has to end at some point, but chimping out about it and haphazardly trying to make it implode is retarded at best. That way the US as a whole is throwing it's incredibly favorable position to be again the one country in the world to dictate global trade.

US becomes isolationist

the rest of the world moves on and switches to a new reserve currency or asset or whatever

US has no choice but to either become best korea 2.0 or follow suit

No matter which way you look at it's a bad move, unless the retard in charge is planning on waging actual war on the entire world.

I'm obviously no economist either so I know this might be a tough read but take a look at this
budgetlab.yale.edu/research/where-we-stand-fiscal-economic-and-distributional-effects-all-us-tariffs-enacted-2025-through-april
basically the move is entirely political, the "reciprocal" tariffs aren't even based on ANY reasonable economic basis, and the effects will range from catastrophic short term to irremediable damage long term
think of tariffs as a sales tax, trade deficits being neutral, and trade wars start looking very stupid

USA doesnt produce shit besides dollar, they have no leverage its all a bluff and i hope China i going to check it.

none of these tariffs are surviving the midterms

This guy fucks

I can't believe some of these comments. When did Anon Babble become reddit? Need I remind you all that nothing ever happens?

164.gif - 716x406, 93.13K

so what you are saying is he's an american?

nothing ever happens

Millions of boomers and normies just felt the same thing we felt when our shitcoins collapsed in February. I think that’s a pretty good happening.

This is hilarious, supposedly America is shooting it's self in the foot with these tariffs, but the only people I see panicking are fucking foreigners.

APCFace.jpg - 397x288, 44.93K

vat is a corporate tax hike

when our shitcoins collapsed in February

You deserved it for "investing" in ponzi schemes though.

I think that we're going back to gold as the reserve asset.
I think that they're trying to devalue the dollar as a way to default on the debt without actually declaring that they're doing so.
I agree the tariffs are going to be damaging. I think economic life is going to continue to get worse for most people. I think the only way they make sense is through a geopolitical lense, not a purely economic one. After COVID and Ukraine, I think that the people in control see they have a real problem. They don't have the control over global competitors that they thought they had. They couldn't out produce Russia militarily in Ukraine and the whole country was crippled during COVID when supply chains were shut down. I think tariffs are mainly an attempt to regain control of strategic industries. Similarly, I think that the failed attempt to shutdown Russia's economy by shutting them out of the swift system, combined with the ballooning debt, is making policy makers rethink the the pros and cons of issuing the reserve asset.

The reality is that there is no 4d chess plan and trump is just retarded. He thinks that all of these tariffs will cause manufacturing to pop up overnight and america will enter a golden age because of his brilliant plan. At some point you have to accept that the people at the wheel are just really fucking stupid.

For years anyone who said trump supporters are stupid was attacked on this website. Now that it's simply undeniable the """""people""" who post on this website have amnesia about defending these retards

It's okay, there were no tariffs on some of America's most important exports to the world: hip-hop, jewish 4th wave feminism, NBA basketball. Hooray!

Well yeah, people tolerated Trump and his antics and his supporters antics because there was an impression he was good for the economy and he would keep things juiced and the good times rolling. That's over now, and people are turning on him

I agree. People are hating on him but don't realize Trump's playing 4D chess.

le ponzi shitcoins are le bad

Reddit opinion, it was never any easier to make money if you were in the 95th percentile for intelligence

An american posting this is hilarious.

anyone boticing that "the working man" maga imagines in their heads(works in heavy industries for the better good of his country, doesn't care about material wealth and luxuries) is suspiciously similar to the "new soviet man"?

picrel

trips of unfalsifiable mealy mouthed nothingness

service economy isn't real, only heavy industries matter, countries that can make the most amount of tanks is the stronkest

Because the far-left and far-right are almost exactly the same.

They both hate corporations.
They both hate the rich.
They're both populist.
They're both protectionist.
They're both for labor unions.
They both believe the government can fix everything.
They both agree with higher taxes and regulations.

The only difference is the left blames White people and Men, but the right blames Jews and Niggers. They're both pathetic ideologies that pander to the lowest common-denominator chimp brain, which completely relies on emotions and overeacting to the "current thing" to get the mobs to use violence, intimidation and shaming tactics to convince enough weak people to give-in to their demands.

Americans food shoo like fucking morons.
Bags of crisps
Bottles of cola
Cheese doodles
Microwave meals
Cookie dough
Instead of
Pasta
Rice
Meat
Potato's
Vegetables
Fruit
Will all still be cheap.

Also, Soviet ideology evolved from Marxism, Communism itself is almost solely focused on materialism, so saying they're "doing it for the good of the country and not materialism" is a retarded statement.

half of america is literally retarded and would be indentured servants or in debtor prisons one century ago.

A country without industrial power is a bitch.

Yes. Unironically yes. The current cope is "It's just rich boomers and jewish bankers!!! I don't own dem stocks so I'm fine!!"