Here come the tariffs

[jbycho]

4 minutes ago, Patented Phil said:

This.

Liberals don't ever know what they hysterically ramble on about. 

[Strike]

1 hour ago, The Real timschochet said:

What would you have him do? 

Resign.   Oh, wait.......

[The Real timschochet]

42 minutes ago, supermike80 said:

There is literally no such thing when other countries slap tariffs and VAT on our imports.  It's only fair to them, not to us.

I should restate: for clarity’s sake, I am in favor of unilateral free trade on our part no matter what other nations do. I don’t care about fairness so long as we benefit and I believe we do (from as few tariffs as possible.) 

That said this question of “fair trade” doesn’t apply to Canada or Mexico. Since the adoption of NAFTA 30 years ago we have had fair trade with both of those countries for the most part, and this was increased even more with Trump’s deal (perhaps his best achievement as President.) 

[The Real timschochet]

1 hour ago, HellToupee said:

Talk about cutting of your nose to spite your face

 

BREAKING: Ontario Premier Doug Ford cancels @ElonMusk's Starlink contract, bans all U.S. companies from taking part in government contracts in response to Trump.

"It's done, it's gone. We won't award contracts to people who enable and encourage economic attacks on our province and our country."

"They only have President Trump to blame."

 

meanwhile Canada was doing this all along

Here is a list of tariffs Canada Imposes on U.S.
Goods:

⁃ Dairy Products:
⁃ Milk: 270%
⁃ Cheese: 245%
⁃ Butter: 298%
⁃ Poultry: 238%
-Eggs: 163%
⁃ Barley: 160%
⁃ Wheat: 94%
⁃ Sugar: 265%
⁃ Peanut Butter: 295%
⁃ Rice: 150%
⁃ Vegetables: 100%
⁃ Fish Products: 100%
⁃ Lumber: 20%
⁃ Shoes: 30%
⁃ Cocoa: 30%
⁃ Metals: 25%
⁃ Wool: 30%
⁃ Tobacco: 100+%

The items you’re listing were part of the agreement that Trump negotiated with Canada in 2018. They actually represent far LOWER numbers than we had before and a part of a larger deal which was very good for us, now broken. 

[supermike80]

Just now, The Real timschochet said:

I should restate: for clarity’s sake, I am in favor of unilateral free trade on our part no matter what other nations do. I don’t care about fairness so long as we benefit and I believe we do (from as few tariffs as possible.) 

That said this question of “fair trade” doesn’t apply to Canada or Mexico. Since the adoption of NAFTA 30 years ago we have had fair trade with both of those countries for the most part, and this was increased even more with Trump’s deal (perhaps his best achievement as President.) 

This defies logic.  Other countries add tariffs and other charges, limiting employment in our country to benefit them.  How does that help the USA?  It doesn't.   Not even a little bit.  There is literally no benefit to us if another country adds tariffs to our goods. Your logic is wrong

[The Real timschochet]

2 hours ago, RLLD said:

I think you could have a more thoughtful reply. I see the dismissal without even considering the points to not be enough to dissuade anyone.....

Many elements of NAFTA remain in place.  The USMCA kept the foundation of free trade between the three countries, ensuring most goods can move across borders without tariffs.  So you have many of the same things,, USMCA simply improved on them a little. Such as automobile manufacturing — increasing the percentage of car parts that must be made in North America to qualify for tariff-free status, adding stronger protections for workers and the environment and extending copyright protections and addressing digital trade, which NAFTA didn’t cover.

 

First off I don’t know how my reply could be more thoughtful because your original post was so vague and unspecific. 

Putting that aside, my question as to what we are trying to achieve here is a rhetorical one. I don’t expect you to answer because Trump himself hasn’t offered an answer. 

[The Real timschochet]

2 minutes ago, supermike80 said:

This defies logic.  Other countries add tariffs and other charges, limiting employment in our country to benefit them.  How does that help the USA?  It doesn't.   Not even a little bit.  There is literally no benefit to us if another country adds tariffs to our goods. Your logic is wrong

Of course you’re right. Not what I meant. What I meant is that it benefits us not to respond in kind. 
Example: we sell product X to China. They place a tariff on it. That doesn’t benefit us. China sells product Y to us. That benefits us. If we place a tariff on product Y (as a retaliation to the tariff China has on product X) that doesn’t benefit us, even if it’s fair, so we shouldn’t do it UNLESS the ultimate result will be a removal of tariffs on both products X and Y- but that’s a pretty big risk. It’s far more likely that X and Y will simply be higher as a result, because once trade wars start they are very difficult to stop. 

[RLLD]

4 minutes ago, The Real timschochet said:

First off I don’t know how my reply could be more thoughtful because your original post was so vague and unspecific. 

Putting that aside, my question as to what we are trying to achieve here is a rhetorical one. I don’t expect you to answer because Trump himself hasn’t offered an answer. 

My original post was pointed and spot on. I do not detect any lack of clarity.

Gotcha on the rhetorical question.  I think tariffs have been fine for quite a long time, though it would seem that Trump trying to balance their application or use them to persuade has people up in arms.  I guess I get that.

[Gepetto]

 

[Maximum Overkill]

1 hour ago, The Real timschochet said:

What I meant is that it benefits us not to respond in kind. 

When will you understand? Trump always wins and he'll win this battle as well. How many times are you going to be wrong before you get it? He's a Master Negotiator 

[Gepetto]

So who is paying Canada's tariffs?

[Maximum Overkill]

We'll get our steel from Russia 

[squistion]

https://x.com/allenanalysis/status/1896992053310996887 (video clip at link)

BREAKING:

Ontario Premier Doug Ford just canceled Elon Musk’s Starlink contract and banned all U.S. companies from government contracts in response to Trump’s economic war with Canada.

“It’s done, it’s gone,” Ford said. “We won’t award contracts to people who enable and encourage economic attacks on our province and our country.”

And just to be clear: “They only have President Trump to blame.”

So Trump starts a trade war, and now American businesses are getting locked out of Canada. This isn’t “tough negotiating”—this is our closest ally shutting the door on us while Trump pretends he’s “winning.”

MAGA wanted an economic war? Well, they just got one. And it’s American companies and workers who are about to feel the pain.

[Maximum Overkill]

Canada's economy will collapse if this goes on for more that a year. 

[Strike]

Secretary of Commerce says he's been talking to Mexico and Canada all day and they are saying they will do better.  He expects a deal within the next day or so.  Let's see what happens.

[CaptainObvious1]

28 minutes ago, squistion said:

https://x.com/allenanalysis/status/1896992053310996887 (video clip at link)

BREAKING:

Ontario Premier Doug Ford just canceled Elon Musk’s Starlink contract and banned all U.S. companies from government contracts in response to Trump’s economic war with Canada.

“It’s done, it’s gone,” Ford said. “We won’t award contracts to people who enable and encourage economic attacks on our province and our country.”

And just to be clear: “They only have President Trump to blame.”

So Trump starts a trade war, and now American businesses are getting locked out of Canada. This isn’t “tough negotiating”—this is our closest ally shutting the door on us while Trump pretends he’s “winning.”

MAGA wanted an economic war? Well, they just got one. And it’s American companies and workers who are about to feel the pain.

I hope Arby's survives

[jbycho]

12 minutes ago, CaptainObvious1 said:

I hope Arby's survives

Potatoes cakes. Mmmm ..

[EternalShinyAndChrome]

13 minutes ago, CaptainObvious1 said:

I hope Arby's survives

I love how they think the biggest and strongest nation in the entire world is going to suffer more than Canada.  If the pain is going to come to US citizens, even bigger pain will hit Canadiens, hands down.  They can bloviate all the want because that's all it is.

[shadrap]

2 hours ago, The Real timschochet said:

Of course you’re right. Not what I meant. What I meant is that it benefits us not to respond in kind. 
Example: we sell product X to China. They place a tariff on it. That doesn’t benefit us. China sells product Y to us. That benefits us. If we place a tariff on product Y (as a retaliation to the tariff China has on product X) that doesn’t benefit us, even if it’s fair, so we shouldn’t do it UNLESS the ultimate result will be a removal of tariffs on both products X and Y- but that’s a pretty big risk. It’s far more likely that X and Y will simply be higher as a result, because once trade wars start they are very difficult to stop. 

pure gobbliegook.  probably got that from your brilliant economist Paul Krugman, but I highly doubt that even that idiot would put that in print.

[The Real timschochet]

1 hour ago, Maximum Overkill said:

When will you understand? Trump always wins and he'll win this battle as well. How many times are you going to be wrong before you get it? He's a Master Negotiator 

Is this a direct translation from the German version? 

[Fnord]

7 minutes ago, The Real timschochet said:

Is this a direct translation from the German version? 

Jesus, man. Youre still masochistic enough to read this guy's posts; you know damn well it's translated from Russian.

правда

[Frozenbeernuts]

Trump may roll back tariffs tomorrow. Wtf lol. This is so different to anything we are used to.

https://x.com/financialjuice/status/1897034795093524507?s=19

[The Real timschochet]

Hopeful news: Trump may call off the tariffs tomorrow: 

https://www.bbc.com/news/articles/c5yx02nnnyvo.amp

It sure sounds like Canada and Mexico may make some meaningless gestures again and Trump will declare victory (the truth is he’s spooked by the stock market and looking for a way out.) 

 

Let’s hope this is true…

[seafoam1]

Just now, The Real timschochet said:

Hopeful news: Trump may call off the tariffs tomorrow: 

https://www.bbc.com/news/articles/c5yx02nnnyvo.amp

It sure sounds like Canada and Mexico may make some meaningless gestures again and Trump will declare victory (the truth is he’s spooked by the stock market and looking for a way out.) 

 

Let’s hope this is true…

You really don't know anything do you? 

[seafoam1]

5 hours ago, The Real timschochet said:

Is this a direct translation from the German version? 

Yeah. That's it. You should go to war. 

[supermike80]

16 hours ago, The Real timschochet said:

Of course you’re right. Not what I meant. What I meant is that it benefits us not to respond in kind. 
Example: we sell product X to China. They place a tariff on it. That doesn’t benefit us. China sells product Y to us. That benefits us. If we place a tariff on product Y (as a retaliation to the tariff China has on product X) that doesn’t benefit us, even if it’s fair, so we shouldn’t do it UNLESS the ultimate result will be a removal of tariffs on both products X and Y- but that’s a pretty big risk. It’s far more likely that X and Y will simply be higher as a result, because once trade wars start they are very difficult to stop. 

I disagree.  100%   Again, the tariffs other countries slap on our products make our products more expensive in their home markets.  Potentially impacting jobs etc.  Not to mention, there is a significant incentive to build in those countries with high tariffs against us.  Which is what has been happening.  And it has been happening for years.  You may not like it personally(which I understand..after all its about our personal situation first) but overall, tariffs are bad.  You even SAY tariffs are bad but are willing to look the other way as countries hit us.   Your logic just doesn't make sense to me.

[Strike]

So, Tariffs are back.    Care to predict when our economy is going to crash, @The Real timschochet?

[Ron_Artest]

5 minutes ago, Strike said:

So, Tariffs are back.    Care to predict when our economy is going to crash, @The Real timschochet?

Market had a great day huh?

[Strike]

1 minute ago, Ron_Artest said:

Market had a great day huh?

If you had any money invested you'd know that you never look at the market on a day by day basis.  

[Ron_Artest]

Just now, Strike said:

If you had any money invested you'd know that you never look at the market on a day by day basis.  

So it's just a coincidence that the market and the tariffs have an inverse relationship?

[Strike]

1 minute ago, Ron_Artest said:

So it's just a coincidence that the market and the tariffs have an inverse relationship?

Oh, so you Libs are back to screaming the sky is falling when there's a 1 percent drop in the market?   @supermike80 to the bat phone!!!!!!!

[thegeneral]

Hopefully the last of these before the totally amazing deals are struck. I mean how many more times can he publicly make up a deadline and then move it?

[The Real timschochet]

14 minutes ago, Strike said:

So, Tariffs are back.    Care to predict when our economy is going to crash, @The Real timschochet?

You’re really dumb about this. Never once did I predict crash. I wrote we will be facing really bad times. The higher the tariffs are the worse off we will be. The longer the tariffs are in place the worse off we will be. If Trump backs off again (hopefully he will) things won’t be as bad. 
 

I’ve been consistent about this, and consistently right.

[Ron_Artest]

3 minutes ago, Strike said:

Oh, so you Libs are back to screaming the sky is falling when there's a 1 percent drop in the market?   @supermike80 to the bat phone!!!!!!!

Let's see if you are capable of honest discussion here.

Why did the market drop 20% starting with tariff talk, liberation day and then up to pausing the tariffs?

Why did the market return after Trump paused the tariffs and talked about making deals?

Why did the market drop 500 points today with Trump now saying tariffs will go back on Aug 1?

[Strike]

2 minutes ago, The Real timschochet said:

You’re really dumb about this. Never once did I predict crash. I wrote we will be facing really bad times. The higher the tariffs are the worse off we will be. The longer the tariffs are in place the worse off we will be. If Trump backs off again (hopefully he will) things won’t be as bad. 
 

I’ve been consistent about this, and consistently right. 

No, you haven't.    

[Strike]

2 minutes ago, Ron_Artest said:

Let's see if you are capable of honest discussion here.

Why did the market drop 20% starting with tariff talk, liberation day and then up to pausing the tariffs?

Why did the market return after Trump paused the tariffs and talked about making deals?

Why did the market drop 500 points today with Trump now saying tariffs will go back on Aug 1?

We will have an honest discussion when you log back in with your original username and post.  I have no idea who this is and am sick of guessing about the 12th alias of some banned poster.  

[seafoam1]

3 minutes ago, The Real timschochet said:

You’re really dumb about this. Never once did I predict crash. I wrote we will be facing really bad times. The higher the tariffs are the worse off we will be. The longer the tariffs are in place the worse off we will be. If Trump backs off again (hopefully he will) things won’t be as bad. 
 

I’ve been consistent about this, and consistently right.

Holy crap. 

[Ron_Artest]

Just now, Strike said:

We will have an honest discussion when you log back in with your original username and post.  I have no idea who this is and am sick of guessing about the 12th alias of some banned poster.  

It's gutter as you can see in the picture.  Can you answer the question?

[Hardcore troubadour]

I think we’ll be ok. Inverse Real Tim and Gutterboy is undefeated. 

[Strike]

Just now, Ron_Artest said:

It's gutter as you can see in the picture.  Can you answer the question?

So log back in as Gutter.