Trump tariffs: ruin U.S. economy until 2040

[Anonymous]

Anonymous wrote:

Anonymous wrote:Can someone explain what Trump voters like about this? I truly don't understand. Why would anyone want this?

Increasing the cost of imports will decrease the amount of imports we buy, and will make locally produced products more competitive.

Maybe Democrats should have focused on policies that US voters want.

Like mandate e-verify, which Democrats refuse to do

eVerify is a bi-partisan no.

Dems oppose it because of the limitations it puts on to employment as well as enforceability and the GOP hates it because republican business owners cannot hire "illegals" to exploit.

https://www.wsj.com/politics/policy/immigration-e-verify-republican-lawmakers-6d7552b9

[Anonymous]

Anonymous wrote:

Anonymous wrote:By a vote of 51-48, the #Senate passed S. J. Res. 37, a joint resolution terminating the national emergency declared to impose duties on articles imported from Canada.

GOP Senators Collins, McConnell, Murkowski, and Paul voted in favor. Not voting: Marshall.

What does that mean for someone who is from Canada?

It has to go to the House for a vote. The problem is Speaker Johnson took it off the table and will not bring it up for a vote.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:By a vote of 51-48, the #Senate passed S. J. Res. 37, a joint resolution terminating the national emergency declared to impose duties on articles imported from Canada.

GOP Senators Collins, McConnell, Murkowski, and Paul voted in favor. Not voting: Marshall.

What does that mean for someone who is from Canada?

Today is the first time I have seen our government do something to help US workers.

How sad is that.

And so many urban elites are losing their mind over expensive iPhones.

What company is going to spend the $$ to bring production home — knowing that trade policy and tariffs could *reverse* just as the plant is ready to open?

[Anonymous]

Anonymous wrote:I'm so depressed.

I never really thought it could get to this point. I never voted for this blob but I did have faith we could weather the storm to come

It's been less than 90 days and we are already here. I'm not sure anymore that there is the ability to get through the damage as there is in hoping for mercy in the new world order to come!!!

It really truly affects all of us, rich and poor.

It affects lower incomes disproportionately. The price of a Honda accord is a much bigger chunk of HHI when you are making 75k vs 3 million. Tariffs are a tax disproportionately borne by the poor. It’s an inverse progressive income tax. Trump will convince congress to cut taxes, while disguising taxes on the poor as “liberty tariffs” or whatever bs he is calling it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Not a Pence supporter but I might be now. I respect his courage for posting against R doctrine.

This isn’t R doctrine! It’s crazy Trump doctrine.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Not a Pence supporter but I might be now. I respect his courage for posting against R doctrine.

This isn’t R doctrine! It’s crazy Trump doctrine.

DP. Well, I disagree. Vance, the cabinet, and many Congress members were there in the Rose Garden clapping. I don’t hear anyone speaking out against it except Pence, so I’d say it very much is an R doctrine.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Not a Pence supporter but I might be now. I respect his courage for posting against R doctrine.

This isn’t R doctrine! It’s crazy Trump doctrine.

No, it’s Republican doctrine. Trump is the Republican Party. The Republican Party is Trumpism. There is no daylight. Have you not seen Congress? Sorry if you want to say you are a republican and you don’t like Trump. There’s no daylight between the two.

[Anonymous]

Anonymous wrote:By a vote of 51-48, the #Senate passed S. J. Res. 37, a joint resolution terminating the national emergency declared to impose duties on articles imported from Canada.

GOP Senators Collins, McConnell, Murkowski, and Paul voted in favor. Not voting: Marshall.

Holy crap I knew those four voted for it but I didn’t know it passed! Too bad the House won’t touch it with a ten foot pole.

[Anonymous]

Anonymous wrote:

Anonymous wrote:There’s just no world in which Trump was or would ever be better for the economy, and every time someone says so I understand that they think much like a child does - simplistically and repeating whatever they’ve been told.

Trump (and, honestly, probably Vance because it’s not like Donald is in good health) would be gangbusters for billionaires and corporations, but the rest of us would be buried in crap.

We already saw Donald crash the economy once due entirely to his own mistakes and the resulting pandemic. Before that we saw him cripple multiple industries with tariffs, and low information people think it would be better the second go round?

I will give the GOP this: they have been so effective at pushing their message, in spite of all facts and evidence to the contrary, that they've convinced a lot of people to vote for this dumpster fire.

Just say they’re good at lying.

[Anonymous]

The House could easily touch it, if they hear enough from their constituents. Call them. Tomorrow, the next day. Every day.

[Anonymous]

I found this op-ed about tariffs. The writer approves of targeted intelligent tariffs, not this haphazard chaotic mess we have now.

https://www.houstonchronicle.com/opinion/outlook/article/tariffs-trump-liberation-day-republicans-market-20255175.php

[Anonymous]

Anonymous wrote:

Anonymous wrote:Can someone explain what Trump voters like about this? I truly don't understand. Why would anyone want this?

Increasing the cost of imports will decrease the amount of imports we buy, and will make locally produced products more competitive.

Maybe Democrats should have focused on policies that US voters want.

Like mandate e-verify, which Democrats refuse to do

MAGAs lie through their teeth, just like their Dear Leader. I’m sure all those farmers who oppose e-Verify tooth and nail are die-hard Democratic voters. 🤣

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Not a Pence supporter but I might be now. I respect his courage for posting against R doctrine.

This isn’t R doctrine! It’s crazy Trump doctrine.

No, it’s Republican doctrine. Trump is the Republican Party. The Republican Party is Trumpism. There is no daylight. Have you not seen Congress? Sorry if you want to say you are a republican and you don’t like Trump. There’s no daylight between the two.

Oh I am very much not a Republican. Never have been. But Republicans were free traders for my entire life until this weirdo came along and enveloped all of them in his innumerate cult.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I'm so depressed.

I never really thought it could get to this point. I never voted for this blob but I did have faith we could weather the storm to come

It's been less than 90 days and we are already here. I'm not sure anymore that there is the ability to get through the damage as there is in hoping for mercy in the new world order to come!!!

It really truly affects all of us, rich and poor.

It affects lower incomes disproportionately. The price of a Honda accord is a much bigger chunk of HHI when you are making 75k vs 3 million. Tariffs are a tax disproportionately borne by the poor. It’s an inverse progressive income tax. Trump will convince congress to cut taxes, while disguising taxes on the poor as “liberty tariffs” or whatever bs he is calling it.

Is it fair for Honda to have an import tariff on American cars going to Japan? They currently do….

[Anonymous]

JPMorgan:

“.. we view the full implementation of these policies as a substantial macro economic shock not currently incorporated in our forecasts. .. these policies, if sustained, would likely push the US and global economy into recession this year.”