Memo to the do nothing gang

In addition to tariffs on American goods, there are steep burdens to enter European markets in order to protect European companies.
Yes for protection tarrifs work, if that's your goal... prices are also way more expensive in Europe due to this as well... I'd rather not have that here.
Prices are way more expensive in Europe for a shitload of reasons.
Yes, VAT tax etc... but also due to blocking cheaper imports... I don't want our prices to go up... do you?
 
In addition to tariffs on American goods, there are steep burdens to enter European markets in order to protect European companies.
Yes for protection tarrifs work, if that's your goal... prices are also way more expensive in Europe due to this as well... I'd rather not have that here.
Have to get to fair trade before you can get to free trade.
At what price? Are you prepared for the high increase in price on goods? I sure don't want that.
 
Why did Colombia cave at the threat?
At least let Trump fuck with these people before surrendering
Let the democrats cry about it
 
How come tarrifs only don't work when America does it?
There are all sorts of tarrifs on American goods
Unilateral surrender isn't a good look
So you want to add to inflation? Because that's all that will happen... sure it will bring some jobs home... but there is a reason they dropped the tarrifs last time... no in the US they don't work and only hurt the little guy that has to pay for it.
That sounds like something a foreign country that doesn't want American tariffs would say
Why don't they work here?
Why don't we make our own shit
We can for a lot more money... do you want the price of goods to go up? After we just had record inflation? Do you want Trump to have a Democrat house and senate? Because that is what will happen in 2 years if he does it. And then a Democrat president in 28...
 
In addition to tariffs on American goods, there are steep burdens to enter European markets in order to protect European companies.
Yes for protection tarrifs work, if that's your goal... prices are also way more expensive in Europe due to this as well... I'd rather not have that here.
Prices are way more expensive in Europe for a shitload of reasons.
Yes, VAT tax etc... but also due to blocking cheaper imports... I don't want our prices to go up... do you?
Stop printing money.
Easy concept.
 
What’s an example of an elastic good that we import from Europe where the price would go up because of lack of competition?
Ozempic maybe.
 
What’s an example of an elastic good that we import from Europe where the price would go up because of lack of competition?
Ozempic maybe.
So you think putting tarrifs on won't raise the price of the good?
 
Totally and completely depends on the good. If it’s something generic and elastic with substitutes that don’t have tariffs the market won’t support a price increase to consumers. The exporter eats the tariff or loses market share. French wine would probably increase as it’s less elastic and no pure substitute exists.
The tariff inflation fear mongering is way overblown for most products.
 
A simple Google search to see the list of tariffs on US exports gets article after article on imports and how Trump will ruin the economy
Garbage
 
If tariffs cause inflation, why didn’t we have inflation after Trump put them on with our largest trading partner? And why didn’t Biden reverse them as an easy win to lower costs to consumers in 2022?
 
Many to choose from Ern’s main source of Leftist news. Here’s a good one.
Every other country’s tariffs are fine, but if the USA tries to mot get fucked over and over, it’s going to be ugly!
I’m so scared.

‘We just can’t take the hit’: businesses worldwide brace as Trump threatens tariffs
While Trump has repeatedly asserted that ‘tariffs’ is “the most beautiful word” in the dictionary, economists and US importers have warned that the consequences of his plan – if it’s enforced – will be ugly.
 
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If tariffs cause inflation, why didn’t we have inflation after Trump put them on with our largest trading partner? And why didn’t Biden reverse them as an easy win to lower costs to consumers in 2022?
Because it was one partner... but the prices of those goods went up.... same with steel. Prices went up for homes as well as others....
 
Many to choose from Ern’s main source of Leftist news. Here’s a good one.
Every other country’s tariffs are fine, but if the USA tries to mot get fucked over and over, it’s going to be ugly!
I’m so scared.

‘We just can’t take the hit’: businesses worldwide brace as Trump threatens tariffs
While Trump has repeatedly asserted that ‘tariffs’ is “the most beautiful word” in the dictionary, economists and https://www.theguardian.com/business/2024/nov/27/trump-tariffs-policies-prices that the consequences of his plan – if it’s enforced – will be ugly.
Fine do it and then lose in 26 and 28 when prices go up. Brilliant
 
Fine do it and then lose in 26 and 28 when prices go up. Brilliant
You’re a more of a pessimist than me. We have no clue what negotiations will be held and trade agreements signed over the next 6 months.
 
The US is the most asymmetrically tariffed nation on earth. We were promised by the experts this would make goods cheaper. Instead it's mostly depressed wages while the elites have captured the majority of profits from cost savings on labor. All while performing rent seeking using the government.
I'm very pro free trade. We are 1,000 miles away from that right now.
Targeted tariffs and bilateral negotiating makes sense when you are the 800lb gorilla in the room.
 
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