Trump tariffs: ruin U.S. economy until 2040

[Anonymous]

Anonymous wrote:Was it worth it, MAGA? Was it worth crashing the global economy over immigration and DEI?

You effing morons.

+100000

[Anonymous]

Anonymous wrote:Was it worth it, MAGA? Was it worth crashing the global economy over immigration and DEI?

You effing morons.

it wasn't even crashing "over immigration and DEI" but rather crashing over the lies told by GOP candidates related to immigration and DEI.

[Anonymous]

The last American President to put so many tariffs in place was Herbert Hoover, famed for presiding over the start of the Great Depression.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Acknowledging the lousy economics of these blanket tariffs, it seems like there will be very disparate impacts across different industries. Those that will benefit directly must:
- have short, domestic supply chains;
- have inelastic demand relative to price;
- be able to get domestic production up and running relatively quickly.

Any thoughts on winners and losers here? A potential winners might be the domestic wine & beer industry - South American and Australian wines have gobbled market share based on low cost. Seems an easy reach to produce more domestic wine. Furniture might be another. The Carolinas used to produce large quantities before cheap Chinese imports took away their market.

Do you have any idea how long it takes to get a furniture factory up and running?

Quicker than an auto plant or semiconductor fabrication center.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Acknowledging the lousy economics of these blanket tariffs, it seems like there will be very disparate impacts across different industries. Those that will benefit directly must:
- have short, domestic supply chains;
- have inelastic demand relative to price;
- be able to get domestic production up and running relatively quickly.

Any thoughts on winners and losers here? A potential winners might be the domestic wine & beer industry - South American and Australian wines have gobbled market share based on low cost. Seems an easy reach to produce more domestic wine. Furniture might be another. The Carolinas used to produce large quantities before cheap Chinese imports took away their market.

Do you have any idea how long it takes to get a furniture factory up and running?

Quicker than an auto plant or semiconductor fabrication center.

That doesn’t answer the question.

[Anonymous]

What sucks is that these fks couldn’t just come in and do what they always do when they win all branches of government and that’s just lower taxes for business and rich people and get rid of any environmental safeguards. No. They had to throw read meat at their snake handling poorly educated base and go full isolationist this time. These complete fkwits are CRASHING THE ECONOMY and threatening and yelling at our allies trying to get them to bend the knee. It’s the height of ignorance and hubris. You stupid, stupid fks. Go back to fling your backwoods cousins and let America be.

[Anonymous]

Anonymous wrote:

The average tariff rate for US imports to the EU was 2.7%. For Vietnam it was 5.1%. Trump imposed a "reciprocal" tariff on the EU of 20% and 46% on Vietnam.

Items with lower tariff rates will sell more. Question I meant to ask is what is the tariff schedule?

[Anonymous]

Trump depression. I think a recession is wishful thinking. My friends who work for major companies and one who works for the commonwealth of VA are all having large layoffs.

[Anonymous]

If the House votes to repeal Trump's emergency declaration, can Trump veto this, or are the tariffs automatically gone?

[Anonymous]

Anonymous wrote:Acknowledging the lousy economics of these blanket tariffs, it seems like there will be very disparate impacts across different industries. Those that will benefit directly must:
- have short, domestic supply chains;
- have inelastic demand relative to price;
- be able to get domestic production up and running relatively quickly.

Any thoughts on winners and losers here? A potential winners might be the domestic wine & beer industry - South American and Australian wines have gobbled market share based on low cost. Seems an easy reach to produce more domestic wine. Furniture might be another. The Carolinas used to produce large quantities before cheap Chinese imports took away their market.

Except the domestic wine and beer have totally lost their foreign markets. Additionally, without those foreign brands, the domestic distributors lose huge income streams and likely will have to cut back because they won't have as much product to distribute.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

The average tariff rate for US imports to the EU was 2.7%. For Vietnam it was 5.1%. Trump imposed a "reciprocal" tariff on the EU of 20% and 46% on Vietnam.

Items with lower tariff rates will sell more. Question I meant to ask is what is the tariff schedule?

LOL, you think they developed a tariff schedule?

[Anonymous]

Anonymous wrote:If the House votes to repeal Trump's emergency declaration, can Trump veto this, or are the tariffs automatically gone?

Depends on if the senate passes with a veto proof majority.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

The average tariff rate for US imports to the EU was 2.7%. For Vietnam it was 5.1%. Trump imposed a "reciprocal" tariff on the EU of 20% and 46% on Vietnam.

Items with lower tariff rates will sell more. Question I meant to ask is what is the tariff schedule?

LOL, you think they developed a tariff schedule?

Vietnam and EU on America, yes I think they did.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Car manufacturers already laying people off.

Keep flying those Trump flags, MAGA.

They were already going to do that, because their executives followed the globalists pushing global warming religion.
Now they are serving the globalists by blaming the job losses on tariffs instead of the electric cars piling up on dealers' lots.
Perhaps they will be able to sell them now that the Left hates Tesla.

Please tell me your comment is in jest. You can’t exist on earth and have lived past puberty believing this type of horsesht.

Car companies in America have dropped their best selling models in favor of electrics and hybrids. Many dealers dropped the brand rather than retrofit their showrooms to carry electrics.

[Anonymous]

We are going to lose 50% stock market value. The world is now aligned in their protest of this. Between the arrogant buffoonery and idiotic “America first” rhetoric, and general threats to even our allies, we are fked. Nice work you fking ignorant rubes. We know you hate higher education but now we get to live with your poorly educated decision making.