NEW TRUTH

such as?

they don't. it is a tax that American importers pay. so it's just American money being spent. and then American consumers will have to pay more due to the high tax.

The lines just go up!

he is just now realizing this

it will be millions of dollars coming from american consumers that have to pay more for any product. watch the trump retards call me names now

Trump supporters calling anyone a kike should is so hilarious. You support the most chabbad jew-fellating president in American history.

should is so hilarious

Gotta brush up on that grammar, jesh

I hope Trump fires Powell. The final push Congress would need to reign Trump in.

n-nnooooooooooo israel is part of the US, we need to save them from the muslims, rmember the judeo-christian values goy!!!!

words words words

market just got the ick

In all honesty if he is just gonna wait for data confirmation rigidly then there is no reason to have a human in the position, just automate the fed

It's a tax on the poor
Basically you want to buy chink shit, instead of paying x amount you get x + 34% tariff which you get to pay

If the economy were fine, the whiny Karentexting wouldn't be necessary.
I know he's playing for his base, but all he's doing is sinking confidence even lower when the big players see that and consider him completely delusional.

Wasn't he one of the leaders just recently for 4 whole years?

2 days after tariffs prices haven't raised yet

this proves they aren't going to rise

Based Jerome, Trump jumped and refusing to catch him is the correct play.

whoosh

no you can't retaliate

LMAO what a gigantic faggot

they are just a sales tax that are applied on imports rather than all products

Tariffs make domestic products cheaper relative to foreign products increasing internal revenue, but that's assuming the companies are ready to produce which they aren't. They aren't even willing to because that lowers the price they can charge by increasing supply. Trump thinks he can force production but that's not how reality works. He has to break up the corporations first and he's rather consolidating them into Blackrock which is the Rothschild bank

tariffs also make domestic products more expensive

if tariffs are so great for the economy then why would he cut rates and risk overcooking the market?

why is the market deeply red?

i dont understand how tariffs bring in billions of dollars.

Tariffs are paid to the federal government. If you have a 1% tariff and buy $100 billion dollars worth of shit, the feds receive $1 billion dollars.

Likewise, if you have a 100% tariff and buy $100 billion dollars worth of goods, the feds receive $100 billion dollars...until imports collapse cause nobody wants to pay that shit and all your tax revenue dries up.

emergency rate cut next week

they aren't going to save the stock market, they regulate inflation, trump just hopes for a green stock market day, so not happening

If you elimnate capital gains tax and instead impose tariffs then you basically give rich people a tax cut. It will rake in billions to the elites.

Where would they get the replacement money though?

speculators don't reflect the true economy

but every move he made is inflationary, if he wanted the rates cut why didn't he just leave everything alone?

It's just a tax on foreign goods. Americans will now pay $600 instead of $450 for the Nintendo Switch 2. These $150 will go to the government which it will use to fill the hole in the budget that will come from the tax cuts they're planning. All of this should supposedly make it easier to relocate the sweatshops where the Switch gets built to Bumfuck Nowhere in the US where Johnny and Jose can now relive the American Dream™ by screwing together prebuilt components on minimum wage. In place of the brown Vietnamese cutie that is currently "exploiting the US" by doing it for even less. But only until their job is automated away in a few years anyway.

Not even exaggerating. That's literally the idea.

Jerome must HODL

yeahh uhhmmmbb he coulda done it like uhh... umm.... yeah -- but he still gonna do it through uhhhhmbbbb

shut the fuck up you mentally retarded nigger. i'll lynch you so fucking hard your spinal cord will rip out of your back.

n-nnooooooo ur TDS is showing, how can you sleep at night kike?!

you dislike my candidate who deports anti-Semites, so I will call you a kike

lmao

TDS

truly the meme word of the decade

What's the point of eliminating capital gains tax when nobody will be making capital gains for the next four years at least in the coming great depression.
Make america depressed again

Eliminating capital gains tax by eliminating capital gains. 4D chess, you peasants just wont understand

trump is genuinely low iq and so is 90% of this board
what he doesn't realize is tariffs have an INFLATIONARY affect on consumers
powell won't cut because one of the fed's mandates is to get inflation under control
what you would actually have to do is spike unemployment to force powell to cut
but if they sent rates to 0 now it would make weimar germany look like a healthy correction

its Judeo-christian, antisemite

The problem is it takes a decade(s) to build up industrial capacity to replace imports like that, you need skilled workers and engineers, and seeing how well moving the chip fabs to the US worked out, it seems more likely they'll just let consumers to eat the tariffs.

It depends on how inelastic demand for imported goods is at different tariff rates and how inelastic global demand for dollars is.
Insofar as demand for imports is elastic and demand for dollars is inelastic, then foreign producers will cut prices and it will be like some of their former profits are now paid as taxes to the US.
This probably won't work and it's at odds with the goal of making domestic goods more competitive.