Trump wins the tariff wars

Laurence Tribe, once a legal scholar, now just a glorified Twitter troll with tenure, casually vomits up the idea that tens of millions of Americans, plumbers, nurses, veterans, cops, small business owners, are somehow accessories to political assassinations because they didn’t vote the way he likes. This is the desperate flailing of a man who’s watched the Democratic Party morph from "party of the people" into a snide collection of elitism and projection. Calling people “MAGAts” might get him applause from blue-check cultists, but it says more about his intellectual bankruptcy than any indictment he’s trying to make. The real "permission structure" is one where deranged professors think slandering half the country as terrorists is a noble act of resistance. It’s the ranting of a bitter relic clinging to relevance like a dusty law review footnote no one’s read since the Cold War, and the same goes for his unhinged sycophants like you, swinging that phrase like a Nerf cudgel and thinking you’ve landed a mortal blow.
Didn't Trump say other countries were sending millions of their young military-aged men, the insane, the rapist, the vicious criminals, and pet-eating people into the USA to bring us down? Sounds like a cultist declaration and about as unhinged as one can get. Certainly, at least one sycophant, you, is sucking it up like Kool-Aid.
 
Maybe, like Canada, the EU will take the easiest route and work around Trump's tariffs too. Have you seen the posts about Canada avoiding his tariffs? It doesn't look good for us with the rising costs of steel, copper, potash, and... tomatoes.

Prices are rising because of the tariffs: vehicles-6 to 10k, food-3%, housing-14K, and god knows what else. I'm guessing the cost of building that border wall is up as well. :)
The EU is just playing for time - time to circumvent the US trade - the trade deficit with the US is 200B - the EU is a net exporter to the US by 200B.

The EU is not interested in US food (doesn't meet standards) or your cars. The areas where the EU is likely to increase purchasing from the US is military equip, tech and energy.

But other sources will be found because nobody wants to do business with a fool/bully who could change his mind anytime - stability is crucial to doing business
 
The best tactic negotiating with trump is waiting him out, let him tire himself out. He is transactional and reacts rather than thinks through issues. The concepts of plans are just that, concepts with little depth.

No one wins in a trade war other than treasury that collects taxes from American businesses and the American consumer, Automakers are piling on losses due to the tariffs and in a short matter of time thse costs will be on your window sticker with the price increases.

Small farmers are not getting the same subsidies as larger farmers. Subsidies, hmmm would that be considered welfare? A socialist handout? Uh oh!

Some posters here must spend their day on fox, breitbart, gateway pundit, daily caller and other rw propaganda sites getting their dose of gibberish to be played out. Not much critical thinking just regurgitation.
 
Maybe, like Canada, the EU will take the easiest route and work around Trump's tariffs too. Have you seen the posts about Canada avoiding his tariffs? It doesn't look good for us with the rising costs of steel, copper, potash, and... tomatoes.

Prices are rising because of the tariffs: vehicles-6 to 10k, food-3%, housing-14K, and god knows what else. I'm guessing the cost of building that border wall is up as well. :)
A key difference between the EU agreement and Canada is that goods covered by the USMCA are exempt from the tariffs. Prices on certain items have risen as a result of the tariffs (ex. Walmart raises prices on some items) but at an aggregate level, the CPI somewhat surprisingly remains well below the four year average under the previous administration.

Various factors at work: In some cases, businesses are absorbing the tax (ex GM), some businesses are re-sourcing, and consumers are making substitution purchases.
 
A key difference between the EU agreement and Canada is that goods covered by the USMCA are exempt from the tariffs. Prices on certain items have risen as a result of the tariffs (ex. Walmart raises prices on some items) but at an aggregate level, the CPI somewhat surprisingly remains well below the four year average under the previous administration.

Various factors at work: In some cases, businesses are absorbing the tax (ex GM), some businesses are re-sourcing, and consumers are making substitution purchases.

2nd Q GDP is up.

https://hotair.com/ed-morrissey/202...xpectations-in-q2-with-30-gdp-growth-n3805300
 
the CPI somewhat surprisingly remains well below the four year average under the previous administration.

Comparing to the four year average from the Biden administration is dumb because of the pandemic and the stimulus used to counteract it (stimulus that started in the first Trump administration).

Inflation remains above the target rate and is going in the wrong direction. 👍

And tariff “wins” are siphoning hundreds of billions out of the pockets of American businesses and consumers. So much “winning”.
 
Even if this is true, what it tells us is that Trump's policies and tariffs haven't hurt the economy like all you chicken littles keep saying.

I’ve said all along that it will take six months for tariff impacts to be felt. We won’t know the impact of Trump’s earliest tariffs until October, and the impact from the new August 1 rates won’t be seen until January.

Nothing changes quickly in a huge economy.
 
Face it, you elected a fool as president and everybody in the world knows it and both laugh at him and wishes him dead. The bully is universally hated except by weak fools who think he will look after them
The projection is strong with this one. You’ve mistaken your tantrum for global consensus again. Strange how a "universally hated" man draws massive crowds, secures historic trade deals, triggers global elites, survives endless investigations, presides over a booming stock market, rising wages, historic peace deals, and still lives rent-free in your head. If he’s such a fool, what does that say about the people who can't beat him, silence him, or stop obsessing over him? Maybe it’s not admiration you’re lacking, it’s introspection.
 
I’ve said all along that it will take six months for tariff impacts to be felt. We won’t know the impact of Trump’s earliest tariffs until October, and the impact from the new August 1 rates won’t be seen until January.

Nothing changes quickly in a huge economy.
What were you predicting about the economy six months ago?
 
Comparing to the four year average from the Biden administration is dumb because of the pandemic and the stimulus used to counteract it (stimulus that started in the first Trump administration).
Yep. No comparison. Biden kept spending on top of Trump’s Covid stimulus package. Inflation rate peaked at over 9%. Overall prices rose 21.2% during his term.
 
The projection is strong with this one. You’ve mistaken your tantrum for global consensus again. Strange how a "universally hated" man draws massive crowds, secures historic trade deals, triggers global elites, survives endless investigations, presides over a booming stock market, rising wages, historic peace deals, and still lives rent-free in your head. If he’s such a fool, what does that say about the people who can't beat him, silence him, or stop obsessing over him? Maybe it’s not admiration you’re lacking, it’s introspection.
Oh, dear, is that kool aid going down nicely?
It will take a little while before the rapture begins - enjoy your delusions while they last
 
Take out Trump and insert any Democrat and this would be hailed by all as the most significant accomplishment by a President ever in diplomatic and economic terms.
Biden made several trade deals and I don’t recall them being headline news. Eventually people need to ask themselves why does the mainstream media fawn over Trump so much?
 
Poor BabyBoom is so desperate to deflect. Inflation is above the target rate and going in the wrong direction. 👍
Nobody said inflation was below the target rate. Joe Biden actually thought he inherited 9% inflation and was surprised to learn it spiked to that under his watch. 🤪
 
Does anyone think that countries want to do business with the US when it's at the mercy of a village idiot who has stiffed every person/organisation he has ever done business with and whose ego is so unstable that they can't rely on any agreements .
He cheats at everything he does and everyone knows it and everyone knows what a fool he is & his cruelty.

The EU just placated the bully and bought themselves some time
 
Does anyone think that countries want to do business with the US when it's at the mercy of a village idiot who has stiffed every person/organisation he has ever done business with and whose ego is so unstable that they can't rely on any agreements .
He cheats at everything he does and everyone knows it and everyone knows what a fool he is & his cruelty.

The EU just placated the bully and bought themselves some time
Agree. Buying time, placating are the best tactics when dealing with Trump. He will either change, cave or morph into some rant.
 
Does anyone think that countries want to do business with the US when it's at the mercy of a village idiot who has stiffed every person/organisation he has ever done business with and whose ego is so unstable that they can't rely on any agreements .
He cheats at everything he does and everyone knows it and everyone knows what a fool he is & his cruelty.

The EU just placated the bully and bought themselves some time
"Placated the bully?” Please. The EU folded like a cheap lawn chair at the first hint of pressure. This wasn’t diplomacy, it was economic triage. They didn’t buy time; they rented survival on America’s terms. The only thing they negotiated was the shape of the boot on their neck, and they still thanked us for the privilege.
 
"Placated the bully?” Please. The EU folded like a cheap lawn chair at the first hint of pressure. This wasn’t diplomacy, it was economic triage. They didn’t buy time; they rented survival on America’s terms. The only thing they negotiated was the shape of the boot on their neck, and they still thanked us for the privilege.
Glug, glug, glug - you really can't get enough of that kool aid, can you?
 
Remember, if the tariffs aren’t making imported products more expensive (inflation), then the tariffs aren’t protecting/benefiting US manufacturing.

Higher prices (inflation) are the only way that protectionism works.
 
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