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Tariffs

So the purpose of the tariff is to get people used higher prices. So if we have a 145% tariff on goods from China but a 30% tariff on Vietnam. And companies have shareholders and we shareholders want value for their investment. Are they willing to spend a ton of money to build a factory and pay American wages, or are they more willing to pay less money to build a factory in Vietnam and save 105% on how we price our goods in America? Shareholders will want more "value". So they will NOT allow a company to eat the tariffs. So we still pay a little more, but we didn't bring manufacturing back to the US and even if we did, Artificial Intelligence is doing most of the work. So other than higher prices for Americans, what do these tariffs get us?

For what it's worth....for those who want to bring manufacturing back to America, there really is something you can do...If you don't like giving money to China when you buy a pair of jeans,, the buy your jeans at a place like this https://originusa.com/collections/denim . IT's been around here for almost 14 years. The jeans are pricier, but they are all American made. And here is what the tariffs will do - A pair of Chinese Levi's is $24 at Walmart. if the 145% tariff is totally passed on to the consumer, the price would go up to $59. You need a pair of jeans. Chinese Levis now cost $59 and American made jeans cost $99 - which ones do you buy? If Levi's says they are going to make all their jeans in the US and they are now $99 - did we win anything?


MORON YOU……

Our Government is cutting us off from all the cheap **** from China 🇨🇳 that’s polluting our environment. How many F’ing pairs of jeans does one person “NEED”

I’ve posted a bunch of X and YouTube videos not to mention interviews straight from Trump and his administration answering every single one of your stupid “attention needing” bullcrap. And you’ve ignored all of them wanting to instead bother everyone. Look if you’re too stupid to look things up for yourself or look at them leave everyone alone. Go feed some pigeons in a park or something.

 
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Critics of the Trump economic agenda attack individual policies in isolation. This cherry-picking tactic ignores how these policies are interconnected. Trade, tax cuts and deregulation aren’t stand-alone measures but interlocking parts of an engine designed to drive economic growth and domestic manufacturing.

Tax cuts and cost savings from deregulation raise real incomes for families and businesses. Tariffs provide income-tax relief and create incentives for reindustrialization. Deregulation complements tariffs by encouraging investments in energy and manufacturing.

The engine is already starting. For the second month in a row, Friday’s nonfarm payrolls report beat expectations, with 177,000 jobs added in April. More than half a million private-sector jobs have been added since January. Add to this falling inflation and the first decline in consumer prices since Covid.

This is just the cylinder firing. The American people should expect to hear the engine humming during the second half of 2025. With all pistons moving, we’ll see more jobs, more manufacturing, more growth, a more robust national defense, higher wages, lower taxes, less-burdensome regulation, cheaper energy, less national debt and less dependence on China—all while maintaining a strong dollar.

This is how we restore the working class, re-establish the U.S. as an industrial powerhouse, and right the wrongs of lopsided trade policies. This is how we pave the way for Wall Street’s next 40-year run while making sure Main Street runs alongside it. This is how we make America great again for all Americans.

Mr. Bessent is U.S. Treasury secretary.
 
Sounds great, then there's this:

Japan’s finance minister has publicly identified the country’s more than $1tn holdings of US Treasuries as a “card” in its trade negotiations with the Trump administration, in a rare baring of teeth by America’s closest ally in Asia.
Speaking during a television interview on Friday, Katsunobu Kato was asked whether Japan would use its traditional stance as a non-seller of Treasuries as a tool in trade talks with Washington.
“It does exist as a card,” said Kato, adding that “whether or not we use that card is a different decision”.
Japanese holders, including the government, own $1.13tn of Treasuries, the largest hoard held by a foreign nation.



(Reuters) - Japan has no plans to threaten to sell its $1 trillion-plus holdings of U.S. Treasuries in trade talks with Washington, its finance minister said on Sunday, clarifying earlier remarks that the bond holdings could be used as a bargaining chip.

"My comments were made in response to a question whether Japan could, as a bargaining tool in trade negotiations, explicitly reassure Washington it wouldn't sell its Treasury holdings easily," Japanese Finance Minister Katsunobu Kato said.

"The comments weren't meant to suggest selling Treasury holdings," Kato told a press conference in Milan.

In a television interview on Friday, Kato said Japan's U.S. Treasury holdings could be used as a card in trade negotiations, raising explicitly for the first time its leverage as a massive creditor to the United States.

Kato in the interview added whether Japan actually uses that card is a different question.

At the press conference on Sunday, Kato repeated that the primary purpose of Japan's U.S. Treasury holdings - the largest in the world - is to ensure it has sufficient liquidity to conduct yen intervention when necessary.

"This has been our stance, and we don't plan to use sale of U.S. Treasury holdings as a bargaining tool in the negotiations," he said.



 
There's been a lot of magajaculation but nobody has said....what benefit will the people of this country see from tariffs?
 
There's been a lot of magajaculation but nobody has said....what benefit will the people of this country see from tariffs?

They’ve been saying it daily. You just choose to keep ignoring it because you NEED attention and people to respond to you.

You NEED attention.
 
People on the left say there’s going to be “empty shelves” in the stores. So tell me what’s exactly not going to be on the shelves that we “need”? Are we going to see food shortages? We do need food. Or are we going to see less Dolls, sneakers, plastic Christmas Trees and pencils? ✏️ Less junk.

 
This is what we don’t need from China 🇨🇳 and a great example of his stupid and vacuous a lot of American are.

 

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