Tariffs

[WeAAsles]

 

[WeAAsles]

 

[WeAAsles]

 

[WeAAsles]

 

[WeAAsles]

This is real money 💰

 

[WeAAsles]

 

[Dog Wonder]

Over $100 billion Trump tax. Did you see what the screen said about the Dow?

Who ties your shoes?

 

[WeAAsles]

 

[WeAAsles]

 

[Dog Wonder]

Do you keep quoting Dumb Donald because it makes you feel smart?

 

[KCFlyer]

You’re almost getting something right but you’re not understanding the tie ups.

If the Business is foreign owned but publicly traded they are going to want to continue to please their shareholders. So how might that Business pay the Tariffs then. They may have to pay less to their employees. If they pay less to their employees then that means the Government of that Company that’s Manufacturing abroad will be collecting less Tax revenues.

So if that Government collects less Tax revenues their GDP shrinks. If their GDP shrinks that means they have less money to pay out for social services for their citizens and less money to pay for infrastructure projects.

In other words under this scenario the Government of the Foreign Nation is paying the Tariffs to our USA 🇺🇸 Treasury to provide social services for our citizens and to pay down our Debt.

You’ll of course again ignore all this and once again display Trump derangement and repeat the narrative you’re pushing just for attention here.

What about business like GM or Ford, who will have a 50% tariff on steel and aluminum...not to mention tariffs on other countries that import parts. Or that company called "Boeing"....a Boeing jetliner pretty much exemplifies a "global effort" .. Every single component that is used to build a plane is subject to a tariff. Let's watch Airbus...that French company that you apparently didn't know was building jetliners in Alabama. Planes built here face a tariff of 50% to 75% on their planes and for components imported from around the world. I still wonder if those foreign companies that DID build plants here might reevaluate things to see if it is better to build them back in Europe and just pay their 12% tariff.

But all of that still demonstrates that with tariffs, a win for trump costs American consumers....unless you adopt that ever so LIBERAL stance that "companies can just lower their profit margins".

 

[Dog Wonder]

Trump the mathematician.

Trump Has Once Again Made A Ridiculous Claim On Live TV, And Everyone Is Saying The Same Thing About It — BuzzFeed

"Is it too much to ask for a president who knows how numbers work."

apple.news

 

[La Li Lu Le Lo]

What about business like GM or Ford, who will have a 50% tariff on steel and aluminum...

And I thought I told you that your figures for said tariffs were beyond absurd. I guess you didn't get the message.

Your example is absurd. No car in this world uses $20,000. worth of steel. An average SUV takes about 1 to 1.4 metric tons of steel. The most common steel used in manufacturing an SUV cost about $800 to $1,000 a ton. $1400 dollars plus 50% tariffs would be about $2100, nowhere near your absurd $30,000. If you are going to use an example try to use one that is less stupid.

We use 1.9 million tons to manufacture aluminum soda cans every year. They use approximately 0.11 to 0.24 metric tons of Aluminum to manufacture an SUV. Aluminum is considered an infinitely recyclable metal. I think we will be fine.

 

[KCFlyer]

And I thought I told you that your figures for said tariffs were beyond absurd. I guess you didn't get the message.

We use 1.9 million tons to manufacture aluminum soda cans every year. Aluminum is considered an infinitely recyclable metal. I think we will be fine.

How many soda cans are there in the typical 737? And despite all that recycling....we STILL import 54% of the aluminum we use. Again..a win for Trump means Americans pay more.

And here's a funny one for you....Trump is shipping back the illegals and now farms are short (it's one reason job numbers were so shitty) and we might be forced to import groceries. Wich will be subject to tariffs...So yeah. I overstated the steel in a car. But in MAGAville pretty much EVERYTHING will be subject to a tariff. And when you spread a little bit over a wide area, it all adds up. If every American gave you one penny, you'd have $3.4 million . Little bits add up. And when it comes to tariffs - AMERICANS pay.

 

[WeAAsles]

Prime Minister Mark Carney showed no signs of retaliating against U.S. President Donald Trump's increased tariffs — and even suggested he's open to removing existing tariffs if it would help Canadian industries.

Carney faced questions Tuesday about Canada's next steps after the two countries failed to reach a trade deal by the Aug. 1 deadline, resulting in a 35 per cent import tax on some Canadian goods. The rate applies to goods not covered by the Canada-U.S.-Mexico Agreement, which governs trade between the three countries.

https://www.cbc.ca/news/politics/carney-trump-trade-softwood-1.7601624