Trump Plans To Enact 25 Percent Tariffs On Canada And Mexico On February 1st

There is, if you look. Tariffs are considered hostile for the most part (yes, there are exceptions). You don’t build business and trade relationships with hostility.

1 Like

As long as it goes toward the deficit or debt, sure.

But would you be willing to do it if we then had to bail out Farmers again?
How about the aerospace or auto industries?
Because then it would be for not and may actually cost us more in the long run.

Column: Trump’s $16-billion farm bailout means you’re paying for his tariff war twice - Los Angeles Times

Producing domestically is all good as long as you have the workers to do it, otherwise you end up with stiff competition for workers and a Big Mac Meal will end up costing $20.00.

Our energy is already for sale.

how much energy did us export 2023 - Google Search

According to the EIA, the United States exported approximately 29.5 quadrillion British thermal units (quads) of energy in 2023, marking the highest level of energy exports on record

I think we do have resolve as a country, that’s why we are the envy of the world and why people from every corner of the planet want to come here to live the American Dream.

Our economy is also the envy of the world, I hope it stays that way.

1 Like

I agree. And China and countries within the EU are very hostile. There is no “free trade” that everyone blathers about. It is one sided against us. Hence our devastated production economy. Do you think we lost all of our manufacturing because we are incompetent at manufacturing?

1 Like

Yet everyone wants a living wage? So which is it? Import cheap labor to be exploited or produce products at a price that supports a living wage?

I am not sure anyone knows what they want other than to bash Trump.

I am surprised no one sees how Trump moves. I guess if you are convinced he is an idiot, incompetent, incapable and on the other side, you will never see it.

Do you want a trade war?

Trade wars are a lose-lose situation.

I’m not an economist and don’t know all the answers, but we already have a history of Trump tariffs and the results weren’t good. Tariffs across the board will lead to retalation and will hurt us more than help us.

Depends on the results. The last time Trump enacted tariffs ended badly for us, not only did we lose the business, but we also lost much of it permanently, because China went elsewhere for their food.

1 Like

No, we lost much of it because of corporate greed. Workers work cheaper in third-world and developing countries. Off-shoring was a way to boost profits. Eventually, wages should rise in those countries, making the difference less. Once the difference is negligible compared to logistics costs, the off-shorer will make adjustments. Adjustments might include bringing it back home, or moving it to another low-wage country. There are also other reasons for off-shoring, but increased profits is the main driver.

2 Likes

Exactly. Why don’t we just stop there? Asian countries are exploited to feed our obsession with cheap everything. Our homeland is hollowed out.

Let’s reverse this course. Maybe a 10% tariff across the board with China?

Also, pay attention to why he is imposing a 25% tariff on Mexico and Canada. It is to force cooperation at the border.

The experts you guys lean on who have mislead our citizens for decades while lining their own pockets also admit that targeted tariffs can have a great upside in certain areas.

When will this happen? This all began in the 1970’s and has been raping us ever since. Why don’t we make a policy that would incentivize manufacturing at home, such as not allowing China or India to compete in our markets using slave labor? The garment and mining industries are notorious for this.

Yeah, when will that happen again? Is our garment industry making this happen? Is our automotive industry making this happen? And how much pain shall we endure as they keep our products out and their products in?

1 Like

We don’t stop there because it is not the whole story. The cost of living is cheaper in off-shored countries, thus why workers make less. As jobs there become more plentiful, labor becomes more expensive. That’s what moves them out of third-world status generally.

Yes, some bad actors exploit workers, world-wide. That is not a trade issue. It is a human rights issue.

1 Like

The price of eggs went up this week, just like I predicted… :flushed:

4 Likes

What’s your eggs at? :laughing:

1 Like

They were over $6 dollars at the store I was at today, what was left of them. There were none in a Publix I was at last week.

1 Like

For a dozen?

1 Like

Yes, over $6 for a dozen.

1 Like

Wow, that’s crazy. Must be some good eggs or made of gold! :laughing:

1 Like

I’m selling mine at 4k each, but they’re “Golden”…

1 Like

$3 cad/dozen here from the Amish. $9.65 cad/30 eggs at No Frills here.

4 Likes
1 Like

Open our markets to unfair trade practices such as mining lithium, the garment industry or even precious metal recycling effects us economically (because we can’t compete) but is also a human rights issue.

Oh yeah, when is that going to happen? As we sink to 3rd world status, will they be lifted? That is some globalist PR right there. Somehow, America has this responsibility, even to its own detriment.

1 Like

Poultry, produce, dairy and beef will all be up by 50% in six months…

That’s a bold prediction, Tom, and I hope you’re wrong.

On the other hand it would be a good incentive to cut back on food intake. :grinning: