Reply to What is April 2 “Liberation Day”?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We are the worlds superpowers and have been getting screwed over by imbalanced trade agreements for 80 years. Trump is changing this, thank you Mr President! About time somebody stood up for the US[/quote]

How?  By making crops we can’t grow outside of greenhouses in the US and things we can’t manufacture but need to live more expensive? By destroying complex supply chains?  He’s putting the cart before the horse. First you develop the capacity to make something, then you put a tariff on that one thing coming in from everywhere to encourage use of domestic capacity. He’s slapping tariffs on things like medications and food and [b]the potash to grow food that people need, when we don’t have domestic capacity to produce it. [/b] And in some cases (like produced out of season and rare earth minerals) can’t produce it domestically. really can’t, And, in others, like manufacturing medicine it will take years to get domestic capacity online. In the meantime, Americans still need to buy the stuff, they just by less (hurt businesses) and pay more.  Biden has it right with the CHIP Act. Bring plants online first. Then slap a tariff on foreign chips.

This is like Elmo and Doge taking a chainsaw to SSA. When they need a scalpel. Trump is taking the chainsaw tariff approach. When every reputable economist everywhere is saying use a scalpel. [/quote]

That one is amazing, even for him.  He keeps babbling that he needs NOTHING from Canada.  Really?  Where is he going to get the potash?

Aluminum, steel and lumber.  The things needed to build the manufacturing plants he needs.  He's just going to mow down forests for lumber.  It doesn't matter that a lot of it is the wrong kind of lumber.  Welcome to shoddy building practices, I guess?

Oh and the electricity in some states.  Boy, putting a surcharge on that got his attention.  "That's affecting people's actual lives. We can't have that."  But he doesn't need anything.  I guess the other stuff doesn't affect anyone.

I used to think that in business, if he went bankrupt oh well, walk away.  He couldn't do that with a country, right?  Maybe he can.

There's going to be long term damage.  Trading partners are going elsewhere.  Hardly anybody trusts him. I don't see trade coming back just because of an administration change whenever people clue in.  Canada, the EU, the UK; why would they turn their backs on each other down the road just to go back to the States?[/quote]

He may well starve us all. [/quote]

Plus, the inability to refine the oil that he's going to drill for.  Factor out the possibilities there.[/quote]

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