Trump Tariffs
GREAT NEWS: Republic Steel has just announced they are restarting their Lorain facility and will add 1000+ jobs after the steel tariffs were signed by President Trump!
This is curious because you are so against government subsidy and this is exactly what these tariffs are. They are subsidizing the steel industry and in the end who pays for these tariffs?
The consumer does. It is interesting how you few are A-OK with corporate subsidy but when it comes to the lower class and poor you guys act as if they are looting your personal piggy bank.
Oh and this is not free market....you know the other mirage you guys act like you support...these tariffs are the opposite of free market. If you want to make an IMPACT on the citizens of this country there are much better ways than this joke sham.
GREAT NEWS: Republic Steel has just announced they are restarting their Lorain facility and will add 1000+ jobs after the steel tariffs were signed by President Trump!
This is curious because you are so against government subsidy and this is exactly what these tariffs are. They are subsidizing the steel industry and in the end who pays for these tariffs?
The consumer does. It is interesting how you few are A-OK with corporate subsidy but when it comes to the lower class and poor you guys act as if they are looting your personal piggy bank.
Oh and this is not free market....you know the other mirage you guys act like you support...these tariffs are the opposite of free market. If you want to make an IMPACT on the citizens of this country there are much better ways than this joke sham.
Well if you saw the debt instruments he floated (which I did) and that he defaulted on this debt (which he did twice) then the conclusion is two times he did not care about defaulting on his debt and he had/has a history of using heavy heavy leverage and that cost him his companies multiple times. Trump has said he loves debt...use that search engine to figure it out.
Sheesh it is so easy taking out the trash...come at me with something stronger next time!
Well if you saw the debt instruments he floated (which I did) and that he defaulted on this debt (which he did twice) then the conclusion is two times he did not care about defaulting on his debt and he had/has a history of using heavy heavy leverage and that cost him his companies multiple times. Trump has said he loves debt...use that search engine to figure it out.
Sheesh it is so easy taking out the trash...come at me with something stronger next time!
QUOTE Originally Posted by wallstreetcappers: Well if you saw the debt instruments he floated (which I did) and that he defaulted on this debt (which he did twice) then the conclusion is two times he did not care about defaulting on his debt and he had/has a history of using heavy heavy leverage and that cost him his companies multiple times. Trump has said he loves debt...use that search engine to figure it out. Sheesh it is so easy taking out the trash...come at me with something stronger next time! So you can just ignore it like the Elon Musk comments? I'm still curious how you'll be able to spin them to fit your thinking that since Trump is a horrible person, (agree), nothing he does can be good for the country.
The COST of this "good" is very very very bad....so do you want me to forget that these "good" things are not really good especially if you look longer than a six month time horizon?
Financing short term benefit with massive long term costs is awful, but Trump has a career of this so it is not shocking. Go look up the junk debt he had to float and then BK'd on so he could speculate as he did. This is not Atlantic City, the US cannot accumulate negative returning long term debt and then just walk away from it like Trump has. Educate yourself on most all of his actions and see more than a few nickles in front of your feet.
QUOTE Originally Posted by wallstreetcappers: Well if you saw the debt instruments he floated (which I did) and that he defaulted on this debt (which he did twice) then the conclusion is two times he did not care about defaulting on his debt and he had/has a history of using heavy heavy leverage and that cost him his companies multiple times. Trump has said he loves debt...use that search engine to figure it out. Sheesh it is so easy taking out the trash...come at me with something stronger next time! So you can just ignore it like the Elon Musk comments? I'm still curious how you'll be able to spin them to fit your thinking that since Trump is a horrible person, (agree), nothing he does can be good for the country.
The COST of this "good" is very very very bad....so do you want me to forget that these "good" things are not really good especially if you look longer than a six month time horizon?
Financing short term benefit with massive long term costs is awful, but Trump has a career of this so it is not shocking. Go look up the junk debt he had to float and then BK'd on so he could speculate as he did. This is not Atlantic City, the US cannot accumulate negative returning long term debt and then just walk away from it like Trump has. Educate yourself on most all of his actions and see more than a few nickles in front of your feet.
Gee, only 313,000 jobs created this month... I would hate having to compete with this President... Even DACA is picketing against the Democrats... Realizing, finally, that the Dems are the party of lies.... GOD BLESS AMERICA....
Yeah here is the uneducated reply....do you know what average hourly earnings are and why that is more important than the top headline job number? And did you care to see what sectors these jobs were created in?
Of course not..
Gee, only 313,000 jobs created this month... I would hate having to compete with this President... Even DACA is picketing against the Democrats... Realizing, finally, that the Dems are the party of lies.... GOD BLESS AMERICA....
Yeah here is the uneducated reply....do you know what average hourly earnings are and why that is more important than the top headline job number? And did you care to see what sectors these jobs were created in?
Of course not..
QUOTE Originally Posted by faceoff: Gee, only 313,000 jobs created this month... I would hate having to compete with this President... Even DACA is picketing against the Democrats... Realizing, finally, that the Dems are the party of lies.... GOD BLESS AMERICA.... Yeah here is the uneducated reply....do you know what average hourly earnings are and why that is more important than the top headline job number? And did you care to see what sectors these jobs were created in? Of course not..
Wow... ![]()
QUOTE Originally Posted by faceoff: Gee, only 313,000 jobs created this month... I would hate having to compete with this President... Even DACA is picketing against the Democrats... Realizing, finally, that the Dems are the party of lies.... GOD BLESS AMERICA.... Yeah here is the uneducated reply....do you know what average hourly earnings are and why that is more important than the top headline job number? And did you care to see what sectors these jobs were created in? Of course not..
Wow... ![]()
This is curious because you are so against government subsidy and this is exactly what these tariffs are. They are subsidizing the steel industry and in the end who pays for these tariffs?
The consumer does. It is interesting how you few are A-OK with corporate subsidy but when it comes to the lower class and poor you guys act as if they are looting your personal piggy bank.
Oh and this is not free market....you know the other mirage you guys act like you support...these tariffs are the opposite of free market. If you want to make an IMPACT on the citizens of this country there are much better ways than this joke sham.
With a subsidy, however, the domestic producer is still benefited, but the government receives no revenue. And, in fact, they have to spend money because they paid the subsidies to the domestic producers to help them produce more products.
So, the effect on the consumer may be that they are made worse off by a tariff, governments are receiving money; whereas with a subsidy the government has to pay money.
So, therefore, it is more likely that governments would prefer to use a a tariff method then the subsidy method.
This is curious because you are so against government subsidy and this is exactly what these tariffs are. They are subsidizing the steel industry and in the end who pays for these tariffs?
The consumer does. It is interesting how you few are A-OK with corporate subsidy but when it comes to the lower class and poor you guys act as if they are looting your personal piggy bank.
Oh and this is not free market....you know the other mirage you guys act like you support...these tariffs are the opposite of free market. If you want to make an IMPACT on the citizens of this country there are much better ways than this joke sham.
With a subsidy, however, the domestic producer is still benefited, but the government receives no revenue. And, in fact, they have to spend money because they paid the subsidies to the domestic producers to help them produce more products.
So, the effect on the consumer may be that they are made worse off by a tariff, governments are receiving money; whereas with a subsidy the government has to pay money.
So, therefore, it is more likely that governments would prefer to use a a tariff method then the subsidy method.
Still side stepping the simple point by musk I was hoping you would address. Why is it 2.5% versus 25%?
That is an obvious answer...the government involvement in the Chinese economy is dramatically different than ours for a variety of reasons..their government is Communist in structure and nature and their government is HIGHLY protective of their business entities to the point of saving them from insolvency. Their economy is in a different phase than ours even if they were a capitalistic form which they are not. The comparison is pretty stupid to be honest.
If you are drawing comparisons to make a conclusion then other assumptions need to be equal to draw that comparison and it just isnt so. Why would I waste time on such a stupid comment from Musk?
Talk about a debt junkie, Musk and Trump must both belong to the same golf club, they have several similarities.
Still side stepping the simple point by musk I was hoping you would address. Why is it 2.5% versus 25%?
That is an obvious answer...the government involvement in the Chinese economy is dramatically different than ours for a variety of reasons..their government is Communist in structure and nature and their government is HIGHLY protective of their business entities to the point of saving them from insolvency. Their economy is in a different phase than ours even if they were a capitalistic form which they are not. The comparison is pretty stupid to be honest.
If you are drawing comparisons to make a conclusion then other assumptions need to be equal to draw that comparison and it just isnt so. Why would I waste time on such a stupid comment from Musk?
Talk about a debt junkie, Musk and Trump must both belong to the same golf club, they have several similarities.
Why should we tax their automobiles at 2.5% while they tax ours at 25%? Helllllllllo.
Read genius....you cannot compare our government and decisions and theirs, the structure is completely different and the approach. If you want to draw comparisons and be legit there needs to be as equal assumptions as possible.
I answered the question. They tax ours different because their approach is different, they are COMMUNIST and they go to any length to protect their fledgling economy and companies. NO comparison at all, why not compare womens rights or air quality.
![]()
Why should we tax their automobiles at 2.5% while they tax ours at 25%? Helllllllllo.
Read genius....you cannot compare our government and decisions and theirs, the structure is completely different and the approach. If you want to draw comparisons and be legit there needs to be as equal assumptions as possible.
I answered the question. They tax ours different because their approach is different, they are COMMUNIST and they go to any length to protect their fledgling economy and companies. NO comparison at all, why not compare womens rights or air quality.
![]()
I’ll take Trump’s approach. You can take the “get slaughtered because they’re communist” approach. It’s easy to see why democrats don’t have any power in American politics.
If you do another "democrats" insult when you dont agree with my comments it wont end well for you. No need for that crap.
You cannot compare our tariffs and theirs, its silly. Even comparing the EU and the US is a stretch, but at least it is in the same ballpark. China and the US are not even in the same universe for comparisons.
I’ll take Trump’s approach. You can take the “get slaughtered because they’re communist” approach. It’s easy to see why democrats don’t have any power in American politics.
If you do another "democrats" insult when you dont agree with my comments it wont end well for you. No need for that crap.
You cannot compare our tariffs and theirs, its silly. Even comparing the EU and the US is a stretch, but at least it is in the same ballpark. China and the US are not even in the same universe for comparisons.
So your answer is that we should just get slaughtered in trade because they’re communist. Genius!
We arent getting slaughtered, how can you compare them and us in any way? Do you understand how pricing works and the benefit of lower prices? If the US matches tariffs who absorbs those increases? Those increases are line item tacked onto the MSRP of the car and the consumer eats that through higher sticker prices.
Can you name the enormous millions of Chinese cars sold in the USA right now? What Chinese branded cars have you purchased in the past, how about neighbors or co-workers?
So your answer is that we should just get slaughtered in trade because they’re communist. Genius!
We arent getting slaughtered, how can you compare them and us in any way? Do you understand how pricing works and the benefit of lower prices? If the US matches tariffs who absorbs those increases? Those increases are line item tacked onto the MSRP of the car and the consumer eats that through higher sticker prices.
Can you name the enormous millions of Chinese cars sold in the USA right now? What Chinese branded cars have you purchased in the past, how about neighbors or co-workers?
Canada, Mexico and South Korea are the largest steel exporters to the U.S. China is #11. Retaliation can come from our neighbors instead of China since they're the one's getting hit the hardest.
Canada, Mexico and South Korea are the largest steel exporters to the U.S. China is #11. Retaliation can come from our neighbors instead of China since they're the one's getting hit the hardest.
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