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Trump seems poised to go big on tariffs - link
Poast new message in this thread
Date: November 12th, 2024 5:33 PM Author: ,.,,.,.,,,,,,..................... https://www.politico.com/news/2024/11/12/lighthizer-trump-new-tariff-plan-00189114
Never given a lot of thought to tariffs one way or the other, but part of me is happy just to see this guy do *anything* that will bring in more money instead of just adding debt. |
Date: November 12th, 2024 5:38 PM Author: Oh, you travel? ( ) I understand what he’s trying to do, but it really highlights just how out of touch and deranged from reality boomers are. Domestic manufacturing is great and all but it’s going to be automated and that much faster if companies can’t offshore their Scumwork. (http://www.autoadmit.com/thread.php?thread_id=5632883&forum_id=2Elisa#48328297) |
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Date: November 12th, 2024 5:38 PM Author: Mig ^ liberal mind at work folks (http://www.autoadmit.com/thread.php?thread_id=5632883&forum_id=2Elisa#48328299) |
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Date: November 12th, 2024 5:39 PM Author: Oh, you travel? ( ) stfu mig (http://www.autoadmit.com/thread.php?thread_id=5632883&forum_id=2Elisa#48328302) |
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Date: November 12th, 2024 5:39 PM Author: gibberish (?) They at least have to think that (http://www.autoadmit.com/thread.php?thread_id=5632883&forum_id=2Elisa#48328301) |
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Date: November 12th, 2024 5:39 PM Author: ,,,,,,,,,,,.,,,,,,,,,,,,,,,.../.,, He loves stock market too much for this
Remember how much he would lose his shit when the dow dipped like 3%? He is posturing and you'll never convince me otherwise |
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Date: November 12th, 2024 7:22 PM Author: ...,..,... He might be posturing but what for? Probably just pay for play. Good time to invest in Elon and Trump ventures for sure (http://www.autoadmit.com/thread.php?thread_id=5632883&forum_id=2Elisa#48328623) |
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Date: November 12th, 2024 5:41 PM Author: sph A 60% tariff on Chinese imports and a 20% tariff on other foreign imports will bring in about a trillion of revenue, based on 2023 numbers (http://www.autoadmit.com/thread.php?thread_id=5632883&forum_id=2Elisa#48328304) |
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Date: November 12th, 2024 5:43 PM Author: ,,,,,,,,,,,.,,,,,,,,,,,,,,,.../.,, You see the problem with this math tho right? (http://www.autoadmit.com/thread.php?thread_id=5632883&forum_id=2Elisa#48328318) |
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Date: November 12th, 2024 5:45 PM Author: sph No? I multiplied Chinese imports by 60% and other imports by 20% and summed those products (http://www.autoadmit.com/thread.php?thread_id=5632883&forum_id=2Elisa#48328328) |
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Date: November 12th, 2024 5:47 PM Author: ,,,,,,,,,,,.,,,,,,,,,,,,,,,.../.,, Really?
Is it smart or dumb to assume these goods have perfectly inelastic demand? In other words, why the fuck would you assume people would buy the same volume of goods despite higher prices?
I promise the tarrifs generate less than whatever you're calculating |
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Date: November 12th, 2024 5:50 PM Author: sph Do you not know how tariffs work? The foreign exporting country pays them. Trump specifically addressed this. (http://www.autoadmit.com/thread.php?thread_id=5632883&forum_id=2Elisa#48328346) |
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Date: November 12th, 2024 5:57 PM Author: ,,,,,,,,,,,.,,,,,,,,,,,,,,,.../.,, I genuinely can't tell if you're fucking with me. Citing Donald Trump for where you learned this makes it hard to tell
Tarrifs can impact the seller's margins and/or the market price. This is mainly driven by the availability of substitutes and other marker dynamics. How the fuck would tarrifs actually protect domestic goods if they didn't impact prices one way or another? |
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Date: November 12th, 2024 5:43 PM Author: hank_scorpio surely he'll except make america great again hats! (http://www.autoadmit.com/thread.php?thread_id=5632883&forum_id=2Elisa#48328314) |
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Date: November 12th, 2024 5:59 PM Author: Trump Wins Wow 180. I hope he does go big. Its just a consumption tax for those who consume. (http://www.autoadmit.com/thread.php?thread_id=5632883&forum_id=2Elisa#48328384) |