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Trump announces 25% tariff on all imported vehicles!

No, not everything can be manufactured here nor do I expect it to, but you want access to our market, there is a price to be paid. If a country puts barriers to gain access to their markets, we will put the equivalent barriers to our market. We have offshored much of our manufacturing capability only to bring those products back into the US. That has hollowed out our working class. Basic pharmaceuticals are not manufactured here and disruption in supply chains could be deadly. The Covid chip shortage showed people how much of our economy is dependent on external forces. It's long past time to incentivize companies to bring manufacturing home in many cases.

I'm a free market person but our "free market" has been taken advantage of and block our exports either through regulation, insistence on sharing IP or through tariffs. Remove the barriers, lower the tariffs or they become reciprocal.

I won't even touch the government spending side because we are $36T in debt, not including the unfunded liabilities at all levels of government. It is pretty clear people voted to upend the system.
There are, flat out, no broad tariffs on US goods exports. Especially not among the nafta countries. That is not a thing. They don’t exist. There is a reason US corporations have been reporting record profits quarter after quarter after all.

The reasons the working class has been hollowed out are much less external than internal. Our wages have not kept up with our ever increasing productivity thus they havent kept up with the corporate revenue/profits for generations. The deliberate attacks on education for generations have kept the american workforce from being able to fill the demand for highly skilled workers. Corporations have offshored manufacturing, especially low tech manufacturing for a reason. And that reason is cheap labor. Americans are not served by having to provide ‘cheap labor’.

There is nothing currently broken that tariffs and trade wars will fix. Bottom line.
 
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Australia wants access to your market, we impose no tariffs on any goods from the US, we buy much more from you than we sell to you, we follow the US without question into flights of fancy military campaigns spending our blood and treasure on pointless wars, and you still shaft us by breaking free trade agreements and imposing tariffs on our relatively small volume of exports of goods your country needs?
Some of the tariffs make no sense - like Australia. Hell, it's going to hit the business I run. Our parent company is in India and currently all manufacturing is done there. I've been working for over 3 years to put a shovel in the ground to build a facility here but the government regulations and hoops you have to jump through are crazy. I have no idea yet how India will fair with the taxes and I'll probably end up taking the margin hit to continue to run the business here in North America.
 
There are, flat out, no broad tariffs on US goods exports. Especially not among the nafta countries. That is not a thing. They don’t exist. There is a reason US corporations have been reporting record profits quarter after quarter.

The reasons the working class has been hollowed out are not external. Our wages have not kept up with our ever increasing productivity thus they havent kept up with the corporate revenue/profits for generations.

There is nothing currently broken that tariffs and trade wars will fix. Full stop.
What's really interesting is that not a single person balked when Biden raised tariffs from Trump levels.
 
What's really interesting is that not a single person balked when Biden raised tariffs from Trump levels.
Hmm probably because its a completely different situation, as Biden increased tariffs specifically scoped to China (like 100% on chinese EVs). Not broad tariffs on our closest trade partners Canada and Mexico, nor broad tariffs on all imported automobiles, nor threatened broad tariffs on the EU, etc
 
Hmm probably because its a completely different situation, as Biden increased tariffs specifically scoped to China (like 100% on chinese EVs). Not broad tariffs on our closest trade partners Canada and Mexico, nor broad tariffs on all imported automobiles, nor threatened broad tariffs on the EU, etc
BS. Biden, and the Demorats, complained about the Tariffs Trump levied however, Biden left them in place when he got elected.
 
I love a system that goes like this.

You’re a little country that makes widgets that sell for a dollar buck. You don’t make many widgets, just enough to supply yourselves, and keep a whole heap of people employed.
Now along comes a big country, who because of scale, or heaven forbid government subsidies, can bring widgets into you country and sell them for 80 cents. That country doesn’t really have to sell their widgets in your country (other than the pursuit of the holy dollar buck), and you don’t really need them, but hey, profit is profit.
If you sell your widgets for 80 cents you’ll close down and all those people lose their job. So maybe, just maybe your government decides to charge a 20 cent tarrif on imported widgets - for no other reason than to protect its people.
Now if we didn’t have widgets, or our widgets were really poor quality, or yours were different to ours and desirable, we’d sure love to buy yours.
Once apon a time, trade was about the supply of goods and services to buyers who did not have access to those goods or services or couldn’t supply their enough of their own. That has since moved to the biggest wins the dollar buck game.

Now I get that this naive. But perhaps they were better times.

But I find it more interesting that one of the excuses to slap Australia with 25% is because we are exporting aluminum to the US, and apparently that’s bad. It’s interesting because Australia a few years ago was ASKED by the US to increase its exports of aluminum to the US. And now we’re being burned for it. This is not a big thing in terms of aluminum exports- only 2% goes to the US. And I don’t know why we were asked to supply, and why that’s bad now.

This is just a world game played by a bully to get what he wants (or to appear to be), because he doesn’t know how to achieve what he wants with any level of intellect.

But it makes interesting conversation around the campfire. Cheers!!
 
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Trying to be positive: maybe there is an upside to all this, if the Trumps puts 25% tariffs on motor yachts like Nordhavns which **shock horror** are made in Taiwan, China or Türkiye maybe they will be more aggressive on pricing for the rest of the world and I can pick up one of these on the cheap!
IMG_6109.jpeg
 
Again, targeted tariffs on China for specific reasons. Not broad tariffs on nafta or nato allies. I feel like im taking crazy pills here with you people, you keep saying the same silly, irrelevant things like they are some deep thoughts
Well, your tirade did not mention Tariffs on China specifically but rather dismissed them overall.
JFC, Tariffs have been around since, at least, the 1700's and the world has not collapsed, countries have not ceased to exist, countries economies have not imploded. Yes Economist do not like them but, they are like Weathermen as they cannot predict half the crap the spew. Economist need a Pimp for a sibling so they will have someone to look up to.
 
I am not quite sure that the current levy of Tariffs are as sinister as many believe. Some are punitive and some are revenue producing and some are an attempt to help alleviate problems in the USA caused by border countries lack of policy and procures which have a profound negative effects on citizens of the USA. I am glad the USA is trying to fix this very costly, to the USA, problematic issue.

To wit:

Canada​

After Trump won the 2024 election, he announced a plan to impose a 25% tariff on all imports from Canada as soon as he took office. This decision poses significant risks to the deep economic ties between the U.S. and Canada, where goods worth $3.6 billion cross the border daily. Trump's aim with the tariffs is to push Canada and Mexico to take stronger actions against migration and drug trafficking, while also supporting his "Buy American" agenda to boost the U.S. economy. If implemented, these tariffs could drastically alter North America's economic landscape.<a href="https://en.wikipedia.org/wiki/Tariffs_in_the_first_Trump_administration#cite_note-e699-231"><span>[</span>231<span>]</span></a>
 
Again, targeted tariffs on China for specific reasons. Not broad tariffs on nafta or nato allies. I feel like im taking crazy pills here with you people, you keep saying the same silly, irrelevant things like they are some deep thoughts
Well, provide documented independent research to support your statement then. Should be easy enough to do and, it just has to cover all tariffs levied by Trump in his first term and which ones Biden left in place or modified or removed in their entirety. Easy peasy.
 
Well, provide documented independent research to support your statement then. Should be easy enough to do and, it just has to cover all tariffs levied by Trump in his first term and which ones Biden left in place or modified or removed in their entirety. Easy peasy.

Great data points from the Peterson Institute of International economics.




 
Well, provide documented independent research to support your statement then. Should be easy enough to do and, it just has to cover all tariffs levied by Trump in his first term and which ones Biden left in place or modified or removed in their entirety. Easy peasy.
I asked AI
It's important to understand that the Biden administration's approach to trade tariffs has involved both maintaining and modifying those put in place by the Trump administration. Here's a breakdown based on current information:
* Continuation of Trump-era Tariffs:
* The Biden administration has largely maintained many of the Section 301 tariffs on Chinese goods, which were a key component of the Trump administration's trade policy.
* This means that tariffs on a wide range of Chinese imports have remained in place.
* It is important to note that the steel and aluminium tarrifs have also largely remained in place, with some modifications.
* Biden Administration Actions:
* The Biden administration has also taken its own tariff-related actions, including adjustments and new implementations. For example in may of 2024, the Biden administration announced tariff hikes on additional 18 billion dollars worth of chinese goods.
* There have been some targeted modifications and exemptions to certain tariffs, reflecting strategic considerations and efforts to address specific economic concerns.
* It is also important to take into account that in the 2025 year, the Trump administration has again taken office, and has reinstated and increased many tarrifs.
* Key Considerations:
* The economic impact of these tariffs, both those kept and those modified, is a subject of ongoing debate.
* Factors such as inflation, supply chain disruptions, and international trade relations play a significant role in assessing the effects of these policies.
To summarize, the Biden administration's trade policy has involved a combination of maintaining existing tariffs and implementing its own adjustments, with the stated goals of protecting American industries and addressing unfair trade practices. And in 2025 the Trump administration has again taken office, and is again changing the tariff landscape.

When considering the Biden administration's actions regarding tariffs, particularly those inherited from the Trump era, it's most accurate to describe the approach as one of targeted modification rather than wholesale removal. Key points include:
* Steel and Aluminum Tariffs:
* The Biden administration reached an agreement with the European Union in 2021 to lift some of the Trump-era steel and aluminum tariffs. However, this was not a complete removal. Instead, it involved a system of tariff-rate quotas (TRQs), which allowed a certain volume of European steel and aluminum to enter the U.S. tariff-free.
* This agreement also resulted in the removal of retaliatory tariffs imposed by the EU on American goods.
* It is important to note that the removal of these tarrifs was limited to specific allies, and that many steel and aluminum tarrifs remained.
* Focus on Strategic Adjustments:
* The Biden administration's trade policy has emphasized strategic adjustments to tariffs, aiming to address specific economic and geopolitical concerns.
* Therefore, rather than broad removals, the administration has focused on targeted changes.
In essence, the Biden administration's approach involved a nuanced strategy of modifying certain tariffs while maintaining others, rather than a blanket removal of the previous administration's trade policies.
 
You need a scalpel and a surgeon's hand; not a berserker's battle axe.

In other words: Simple solutions don't exist. They make the frustrated or confounded feel better...temporarily.
 
You need a scalpel and a surgeon's hand; not a berserker's battle axe.

In other words: Simple solutions don't exist. They make the frustrated or confounded feel better...temporarily.
Simple solutions are the best and they exist. Not always perhaps but, they do exist. You may not like the battle axe but this is one sharp and certainly is getting everyone's attention.

Now if this thread would just die......
 
Simple solutions are the best and they exist. Not always perhaps but, they do exist. You may not like the battle axe but this is one sharp and certainly is getting everyone's attention.

Now if this thread would just die......

Chop off the head and the body will die.

Or maybe this...

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