Thoughts on Trump's tariffs?

[ShaunSA]

Considering how many christians are entranced by him despite all his iniquities, he actually does fit the label of "anti-christ"

And no, the irony isn't lost on me that the very same generation that drilled "beware the anti-christ" into our brains pretty much daily over the 80's and 90's is the same generation that is 100% enamoured by him...

See #58

 

[borro]

Considering how many christians are entranced by him despite all his iniquities, he actually does fit the label of "anti-christ"

And no, the irony isn't lost on me that the very same generation that drilled "beware the anti-christ" into our brains pretty much daily over the 80's and 90's is the same generation that is 100% enamoured by him...

 

[Decarin]

 

[DarkStarMonday]

Religiots

And his 2nd in charge Dread Lord Musk!

 

[Johand]

South Africa's tariffs on US poultry and related products is 80%. One example.

Start there before you reeeee over Trump and his tariffs.

I don't think South Africa is even allowed to import meat into the US.

 

[noxibox]

If you are a South African citizen, and you support Trump's tarrifs, then I would surely like to know your reason.

There are the Trump worshippers and the usual contingent who’d love to see South Africa burned to the ground.

I get what Trump wants to do. He wants to keep and grow manufactuing, etc in the US. And he wants to lure the US's big trade partners to the table for talks.

They can only move jobs to the US and keep them there by maintaining the tariffs indefinitely.

It would be foolish for their trading partners to back down.

However, from Trump's view to advance US production industry, it is one that Western nations can learn from.

And from a social point of view - US companies should not be allowed to exploit cheap foreign labour - something which will no doubt come to bite them in the arse in 1-400 years when those that benefited from scam indian call centres cry victim.

So when the manufacturing comes back who is going to do the work for low wages? Or is the plan for people to get used to paying a lot more everything?

Even if Trump calls the Tariffs of we will continue to fall because our government are making big mistakes and it seems they will continue to do so.

The currency decline is partially linked to recent instability in South Africa, but is undoubtedly also related to the general financial chaos.

My big thing is: If Trump just wanted to bring manufacturing back he could have achieved the desired effect with some subsidies and perhaps some strategic tariffs on a number of goods. But no, everything gets a blanket tariff, including the raw materials required for said manufacturing. Why tariff goods from tiny nations so much? That tariff table makes no sense to my brain.

As you say, we will see how this works out.

They even imposed blanket tariffs on countries that buy more from the US.

 

[Esbendzn]

The Indian Card game Thunee has Trumps in it!

 

[flaker007]

Thoughts on Trump's tariffs?

Strongly oppose politics of a felon,liar

 

[Kaapie]

Oldie but still as relevant.

 

[Jean Claude Vaaldamme]

Tariffs have a long term goal, not a short term. So everyone crying about stock markets falling and short term price increases, does not see the bigger picture.
Also China's economy is relying on all the shyte they manufacture and dump in mainly the US. They can try to dump it elsewhere, but that will only last short term. Chinees government will not stand that strong if half their population loose their shitty jobs making mass produced junk.
US have too many allies with strong economies. China will back down.

 

[thestaggy]

I strongly support it because I believe/hope that it will hasten the decline of the US and restore the global balance of power.

With the exception of the Cold War, there has never been a global balance of power. And even then, it was two countries dictating and influencing things.

Prior to the Cold War, global power was centralised in Europe for centuries, with the Americas, Africa and Asia falling under European hegemony. While there were periods where the competing European powers were balancing one another, it was still Europe dominating global affairs.

It gets a little more complex going back as the world was far less global pre-colonialism, but you still had instances where one empire exerted far more power and influence than anybody else, such as the Mongols dominating from Asia to the doorsteps of Europe and the Arab (Rashidun & Umayyad) Caliphates dominating vast tracts of the Middle East, North Africa and Iberia.

I guess you could go even further back and call Rome and the various Chinese dynasties global powers as they were the hegemonic powers in their respective regions. Rome literally wiped Carthage off the face of the earth for trying to rival them.

 

[Kaapie]

I wouldn't hold my breath on CHINA caving.

https://twitter.com/x/status/1910414572244394011

 

[satanboy]

 

[Gordon_R]

New definition of tit-for-tat applied to tarriffs:

Analysis: Why Beijing is not backing down to Trump on Tariffs

Amid a trade war with the US, our China correspondent explains why Beijing doesn't need to change tact.

www.bbc.com

China's leaders would say that they are not inclined to cave in to a bully – something its government has repeatedly labelled the Trump administration as – but it also has a capacity to do this way beyond any other country on Earth.

Before the tariff war kicked in, China did have a massive volume of sales to the US but, to put it into context, this only amounted to 2% of its GDP.

 

[porchrat]

Americans are going to be quite upset about all those cheap Chinese goods suddenly becoming not so cheap.

 

[Fulcrum29]

Americans are going to be quite upset about all those cheap Chinese goods suddenly becoming not so cheap.

China will change the location where they dump and the US will pick the dump up there.

For example, I would assume that Amazon will have a similar strategy with their Basics product line.

Unless sanctions come into play, but I don't think that it will. The US and China will continue to trade blows. There is also no guarantee that Trump's "plan" will bear positive results in the long term. Uneasy trade alliances are already being made with China, but who knows, maybe that is the plan.

This is better than having a conventional war, but one should hope that once this trade war simmers down, that the US and China are a bit more aligned than they were in the past. This US "plan" could still go horribly wrong.

All in all, the world order is being realigned. For better or worse, perhaps in the end there are more 'good' guys than 'bad' guys, perspective and all that.

This said, though not belonging in this thread. For the West to suppress Iran, it would need support on the other side.

 

[Kaapie]

.

 

[Vorastra]

Dumb as dog shït.

 

[porchrat]

China will change the location where they dump and the US will pick the dump up there.

For example, I would assume that Amazon will have a similar strategy with their Basics product line.

Unless sanctions come into play, but I don't think that it will. The US and China will continue to trade blows. There is also no guarantee that Trump's "plan" will bear positive results in the long term. Uneasy trade alliances are already being made with China, but who knows, maybe that is the plan.

This is better than having a conventional war, but one should hope that once this trade war simmers down, that the US and China are a bit more aligned than they were in the past. This US "plan" could still go horribly wrong.

All in all, the world order is being realigned. For better or worse, perhaps in the end there are more 'good' guys than 'bad' guys, perspective and all that.

This said, though not belonging in this thread. For the West to suppress Iran, it would need support on the other side.

It's not just about dumping junk. The vast majority of the cutting edge tech Americans use every day is being manufactured in China. These companies are going to be hit hard. Prices are very likely to rise.

Things like iPhones, even computer components, are suddenly going to become a lot more expensive in the USA.

You could argue manufacturing could move to other countries. Problem is those countries also have tariffs now. Nobody got spared.

Apple in particular man. 90% of iPhones are currently made in China. That's going to be very rough.

 

[Fulcrum29]

It's not just about dumping junk.

Heh?

Dumping: Price Discrimination in Trade, Attitudes and Examples

Dumping is the export of a product at a price that is lower in the foreign market than the price charged in the exporter's domestic market.

www.investopedia.com

What Is Dumping?​

Dumping is when a country or company exports a product at a lower price than its domestic sale price. In the context of international trade, dumping is often considered an unfair pricing strategy. Because dumping typically involves substantial export volumes of a product, it often endangers the financial viability of the product's manufacturer or producer in the importing nation.

The vast majority of the cutting edge tech Americans use every day is being manufactured in China. These companies are going to be hit hard. Prices are very likely to rise.

Things like iPhones, even computer components, are suddenly going to become a lot more expensive in the USA.

You could argue manufacturing could move to other countries. Problem is those countries also have tariffs now. Nobody got spared.

Apple in particular man. 90% of iPhones are currently made in China. That's going to be very rough.

Obviously things will become more expensive with a trade war between the US and China. Where there isn't sanctions, this will be mitigated by routing the dumping through other nations to its destination. Middlemen, sorta.

All I can see is a company like Apple open re-distribution centres in, say, places like Canada and Mexico. They employ a dumping strategy, and then ship the product to the US. Some companies will subsidise their big market(s), in this case the US, by increasing the price in other markets.

The temporary pause has only spelled uncertainty. From all the communications that I have seen, some products won't be imported into the US, and other products will have price increases.