Reply With Quote
He keeps doing it. We'll keep saying it.
Tough , tough guy.
Yes, Trump will fold again and extend the deadline
No, high tariffs for penguins are back on the menu
I'm an idiot and think USA can negotiate and sign 90 trade treaties in next two weeks
Still trying to make cringe taco meme a thing.
He keeps doing it. We'll keep saying it.
Tough , tough guy.
I'm not advocating for 20% tariffs on all countries during a Great Depression. There's an optimal rate that is much lower and that our economy can easily handle.
What were their reasons for wanting tariffs?
Why? The economy and the financial system were in ruins. Trade policy wasn't going to quickly change that.
the economy and the financial system were in ruin when?
What were their reasons for wanting tariffs though?
Stock market had collapsed in 1929 and set it in motion. Early 1930s was in ruins but not from trade policy, lol.
To protect from foreign compe ion but they went too far with rates and timed it terribly.
Oh.
Did they think the rates and timing were wrong at the time?but they went too far with rates and timed it terribly.
It's interesting how you don't ask anything about India or EU tarriff rates? Did you know a US auto import into the EU is hit with a 10% tariff? A big US motorcycle like a Harley is hit with like a 40-50% tariff entering India.
Tariffs make domestic industry more compe ive on domestic market, it makes them less compe ive on foreign markets (which one is bigger?). Especially if you do something stupid, like tariff everything (and make materials and components more expensive for businesses that need them). It can also takes years to spin up factories, let alone entire industries. And Trump's policies just made it a lot harder to do so, because of all the uncertainties and hostility towards foreigners.
Targeted tariffs can be a useful tool, but generally work worse than subsidies as the effects are more unpredictable and often cause backlash from targeted country (which is why it's stupid to target entire world at once). They will cause a drop in consumption though, which i guess is not that bad as long as your entire current economy is not consumption oriented.
So we put a 25% tariff on their cars?
Is that better?
My 401k keeps soaring.
Last edited by DarrinS; 06-27-2025 at 11:24 PM.
We have 10% on UK car imports as a result of the trade deal. That's likely where we end up with the EU if we get a trade deal.
It already was 10%.
Why are you so miserable?
Germany sells like 2x or 3x more cars to the US than the US sells to Germany, and it's been like that in previous years despite like 4x higher EU import tariffs than US import tariffs.
Your side is miserable. That's why you live here.
What are you saying is the EU tariff on US cars?
But why are you miserable?
I'm loving everything that's happening
Why are you constantly ing?
Right, that makes you cringe but not Trump. Cringe priorities.
In previous years it was 2.5%. Trump upped it to 10% and has threatened to go higher for the EU unless they reach a deal. So I'm hoping we end at 10% with a deal.It already was 10%.
There are currently 1 users browsing this thread. (0 members and 1 guests)
Posting Permissions
