Not only online but even in my own friend circle. Example- one friend works as an engineer for a company that designs furnature and said that if the tariffs go on they'll have to close their business or lay people off to a graveyard shift, because they import all their wood and their margins aren't that great to begin with.
Trump will have to maneuver this well to bring our production back home without doing too much short-term damage, maybe give businesses an immediate financial incentive to begin buying local product and have some kind of safety net to prevent small businesses from going under. What are your thoughts frens
edit- oh and of course, the raging left is using this as a battering ram to harm support for Trump before he even takes office. It's a literal constant refrain right now on the lefty channels, along with deportations
example https://youtube.com/shorts/shNRJVs8_Zo
https://youtube.com/shorts/YjAKSxnioHE
https://youtu.be/3AAOLnbP_xU - this one claims Google is flooded with searches for "what a tariff means" and "can I change my vote" .. kek
https://youtu.be/wQQ0xfXuMYQ - this one CNBC saying the tariffs will cost American consumers 3.9 Trillion
He implemented tariffs in his last term and none of that happened.
He is going to use tariffs as NEGOTIATING leverage!
FEAR NOT!
Lots of ways to do it, and Trump is savvy.
I imagine it happening in tiers, industry by industry, slowly ratcheting it up so that local producers can ramp up production to make it easier for manufacturers and sellers to gradually switch their sourcing to domestic.
I also suspect that Trump will inject a lot of liquidity to get us started.
Once Trump cuts regulations and removes all of the BS that prevents or hampers US production, companies will be able to bring manufacturing back to the US and then the tariffs will take effect.
Trump knows you can't do this all at once.
Tariffs have always been the correct way to finance the government. There are a lot of stupid people who don't understand this or the Constitutionality of the position. Sadly, we have no shortage of dummies here, either. Trump is the master negotiator. He will do it right. And if by chance he does not, he will course correct.
Faulty Assumptions
The left always does this. They assume nothing else changes and we just add tariffs.
When you add tariffs, you allow American manufacturers to better compete on price. If you also eliminate income taxes, that will also boost American manufacturing, because the government won't be taking 25-50% of your income, so now it's worthwhile to work those jobs. Without income taxes, more consumers have more money to buy goods manufactured in America.
It will likely be finished goods, firstly, secondly there will be a lead-in period so potential domestic producers will know they can invest in getting product to market knowing they will be able to compete, so it should sort itself out.
As with all things when you propose a change, people assume only that one thing will change, but really there will be a huge set of consequences. Take for an example your friends furniture business may benefit from the fact that all foreign finished furniture is more expensive, so they will become competitive and pick up more business as a result. People will think, why buy this Ikea thing when I can have something made down the road by hand for what now seems like a reasonable price in comparison.
People will adapt, and the adapting will involve more domestic employment which is the whole point. The old ways will change yes, but new opportunities will arise.
Yes but the other side of the tarrifs is low to no income tax. So that money stays in the pockets of consumers that flow back to the economy creating a bigger economy. You can afford to pay more for certain products if you have more in your pockets. If no tarriffs the income tax money goes to the government to be spent on pet projects and an ever growing government. Economy does not benefit. All arguments I read only address the tariff price increases not "more money flowing to economy instead of Government. So Tarriffs + reduced taxes grow economy and income taxes is less money in consumers pockets hurting the economy and only grows the Government.
Trump used tariffs in his first term and the economy was booming.
Most of the tariffs Trump proposes are against countries like China. To expand upon this, China not only has some horrific factory practices, but they also manipulate their currency, the combination of this makes their goods ridiculously cheap so they can flood the market. Their goods are also largely crap that doesn’t last long and, in more extreme cases, are really bad for people’s health. Because their government is trash, they are able to undercut the US and our allies when it comes to prices. Tariffs should help with this.
Biden has largely continued the Trump tariffs especially the tariffs on China. Tariffs can be an effective tool for keeping a country like China on their back heels (especially when paired with strong leadership like Trump).
Tariffs can be problematic when paired with Democrat style regulations. If the tariffs increase the cost of imported goods and the regulations increase the cost of domestic goods, we the people are completely screwed. Whereas a Trump style regulatory reform should allow manufacturing to come roaring back to life.
What the left doesn’t tell you is that other countries impose tariffs on US goods and we don’t always reciprocate under weaker leadership. Trump uses tariffs to force other countries to lower their tariffs on our goods or start a trade war with us. Most countries capitulate and tariffs on both sides are dropped and it ends up being good for both countries.
People who doom on tarrifs understand nothing about them. I guess we need to keep educating and let them know that tarrifs are how we rid ourselves of the income tax and bring manufacturing back to the u.s.a. and that they are the Constitutional means to fund government and that last time we operated this way in the late 1800's the country was unprecedentedly prosperous to the point blue ribbon committees had to be formed to figure out how tonspend the money.
I agree though I'm not very smart on economics. The MSM and their big wig econ shills are all singing the same doomer refrain though, and the fact that my friend's employer told him directly that this would kill their business inspired me to make the post. At the very least this is a heads-up on what narrative war we will be facing in the coming weeks
The thing about Trump, he’s a negotiator, he’ll say he’s going to shut it all down which causes everyone to freak out and then he’ll give a little and people will be like, oh, I’ll take that over nothing. Kind of like when you have really good credit and the car dealer wants to give you a shit rate and you tell your husband, nah, I’m not doing it and get up to walk away and then they’re like wait, we can do better.
phased rollout...come on people...think a little.
The truth about the furniture makers is that they have to import wood from Canada and Europe because most of their possible product is "protected" through the use of "national forests." "National Monuments" and National Parks further take away land from the furniture makers. That being said, I am upgrading Mount Rushmore to a national park and keeping all other parks for now. Everything else is eliminated with the "National Monuments" being turned over to the states and they can do whatever the heck they want with them. The "National Forests" will be opened up to harvesting so we don't have to import any wood.
I'm going to look into this for him. Thx! Maybe we can spare a few humble American normies from dooming <3
If people would just check things out for themselves, they would see that tariffs were used many years ago and it worked great. President Trump will not implement anything that will harm the people of this country he loves and gave up so much to make it greater than ever. He used tariffs last time, and we had a better economy. Remember what it was like when we could afford meat and fill our gas tanks, and trust our President to bring back the good ole days we enjoyed just four years ago. I used to be able to afford a nice roast beef for my family for Sunday dinner, but it's hard to find organic meat other than chicken and ground beef and still paying through the roof for it as is. I don't trust what they do to the meat or any food for that matter. Hoping RFK Jr. Can get that straightened out. I believe President Trump knows what he is doing. Don't listen to the doomers and nay sayers. He can and will make this work. Have a little faith.
I doubt he will flip a switch and shut down all imports.
Knowing Trump,I'm sure he has a good plan.
Ask him why imported wood is cheaper than wood made here in the USA? Wood is heavy, and bulky, making shipping costs over longer distances quite high. So how exactly is a middle-man wood import company able to sell wood below the cost of American wood closer to home?
Now, ask him what the actual manufacturing costs for the wood is. Chances are- if he can find factual data, that he will discover that the manufacturing (plus shipping) costs for that wood is a small fraction of the price compared to US dollars for the same wood. ...
Long story shot, it is the globalist import/export corporations that are controlling the end user prices on ALL of our goods. They set the prices buy buying as low as they can, and selling as high as they can to foolish Americans.
Those foolish Americans think they are getting a "good deal" when we buy some cheap piece of shit press-board "furniture" (often made in China) but, we are actually getting royally screwed because the true price of the product is far, far less than what we end up paying for it. Artificial pricing.
Sure, the consumer pays less than the price of a domestic product, but the profit margin for the middle man (import corp.) is absurdly high.<<----And that is exactly what protectionist tariffs are really targeting- the profit margins of the globalist middle-man import/export price gougers.
Yes, there will be a slight (short lived) sting associated with pulling the globalist blood sucking needle out of the arm of the US consumers who they have been bleeding for the last 30 years by overcharging us for cheap, disposable bullshit. But, we will all be better off, largely due to the increased domestic labor wages, and demand for domestic goods that will come once protectionist tariffs are in place.
Making America self reliant again is a cornerstone of the MAGA agenda. America being self reliant is how our great nation has always operated in the past- prior to George Bush Sr., Bill Clinton, and the globalist, Uni-party swamp changing all of that with their "New World Order" agenda in the 1990's.
America must return to its protectionist tariffs system and, the prosperity that comes from self reliance that our nation is fortunate enough to have access to.
Furniture makers don’t import their material from overseas. That’s absurd - our lumber and lumber product industry supplies plenty of material at market prices and it’s not cheaper overseas to then import the raw material. NA has the best lumber production in the world - we are hands down the world leaders in forest management and harvesting….despite gov fuck alls.
Medium Density Fiberboard is easy to procure in NA.
They get it from Canada
IIRC, Trump allocated the collected tariffs to the affected domestic industries.
If you impose tariffs, couldn't you just cut sales tax to help alleviate the fluctuation in the short term?
Like Elon said the proper way to implement tariffs is in phases to ensure that foreign-sourced, obscure parts in larger systems don't immediately render those systems unprofitable. Businesses that rely solely on foreign sourcing may not be sustainable, and there will likely be some market correction. But the success of those businesses was based on a faulty economy all along, in which the US pays tariffs but other countries don't.
There's lots of wood in America.
I'm just repeating what he heard from his boss. I thought the same thing
I sure there is going to be a ton a relief regarding taxes.
if they're importing wood TO this country, it's probably from the rainforest, fuck'em. Certain product categories get tariffs, then the exporting country responds by lowering the value of their currency to help all of their exports, thus the USD gets a boost.
Tariffs has to be done in tandem with lack of income tax. It is not done one without the other!
Probably being posted by soon to be former IRS agents.
Not from anyone that love the USA!
Just give them their time of wailing and crying. Let's see what they say about their lives in about a year,
Well, in my friend's case he's just concerned that he won't have a job to support his family, so we should consider these things
I think the tariffs are used more for negotiating than anything. Maybe your friends business will be just fine. I pray so.
maybe those people that close their businesses due to tariffs can learn to code? also realize that the foreign competitors will have to charge more for the same products, so maybe it will equal out in the end with more Americans having jobs. also some of that material might become available from the USA due to tariffs...