Why don't Trump supporters comprehend the following about the tariffs and providing stimulus to the farmers?
First of all when you provide tariffs somebody has to pay for it and chances are the big businesses just raise the price to the consumers which at the end of the day means Americans are paying for it. It is not a good idea to have your customers shop around for a better deal out of spite. Between Trump's divisive politics and the sheer cost of the tariffs many countries in easily shop around and get a more affordable deal at a closer location that coincides with their political views. When Obama bailed out the banks and when he bailed out the Automotive industries did us at least made a profit and got paid back quickly. What are the chances that the us is going to get paid back quickly by the farmers or even make a profit. If you offend your trade partners and you sever those trade relations that can hinder your bottom line in the long-term so a brief stimulus check which only big Pharma companies get which US work for a short-term fix
- bluLv 76 months agoFavorite Answer
There's no guarantee a country will come back when tariffs compelled them to find it elsewhere.
Hoover enacted tariffs shortly before the Depression.
Trump is in way over his head as a rookie at a new occupation. He could be causing permanent damage.
- No ImpeachmentLv 66 months ago
“It is time to hang with Trump on this. He’s absolutely doing the right thing...Trump has been talking about the unfairness of Chinese trade since the 1990s, by the way, so he’s totally consistent on this...It’s not like Trump has started a trade war. As we’ve said for months now, folks, Trump is just finally addressing the trade war China has been waging on us for decades. What else would you call it? They import very little of what we produce, and what they do import, they slap massive tariffs on.” -Rush Limbaugh
- Anonymous6 months ago
So are you saying nothing can be done to change the system that was unfair and allowing China to screw uh s? Sounds more like a globalist talking point that benefits them, not you
- ChrisLv 66 months ago
Exports from China are down 13 percent, while exports from Vietnam are up 44 percent. What businesses do when tariffs are imposed is to try to avoid them. Meanwhile, Xi is under pressure to avoid losing a lot of business.
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- The GameLv 76 months ago
left wing media causes the sky to fall in lib la-la land
- Ride my seesawLv 66 months ago
While the MSM focuses on the negative spin of trade wars the fact is that continuing down the same path of doing nothing will yield even worse results in the future. So some pain now or worse pain later? We are basically fighting a war with China except the weapons are traded goods. The hope is that because China has more to lose that we have more leverage except the MSM wants Dumbocrats to believe we are suffering for nothing and that Trump is a bully: orange man bad. Guess what? Anyone who buys that is helping China win this war. Are you a traitor?
- DCCCLXXXVIIILv 76 months ago
Your short term view of the facts are politically motivated and thus of no reasonable intelligence.
- EntropyLv 76 months ago
I mostly agree with most of what you said. I am not myself a Trumpist, more of a moderate who sees some good and some bad in what he's done, but the Trumpists I know think his trade positions are bad ones. They are clinging to a silver lining of the hope that some short term saber rattling will produce better deals in the long run, especially vis a vis Chinese IP theft, bullying of foreign companies, and so forth.
But tariffs are bad. Not just because they hurt OUR exports, but because imports are good too. As you point out, imports help consumers...both individuals and businesses which use imports as inputs into their operations. And subsidies to counteract the impact of those tariffs is doubly bad. On that we agree.
But it's even worse than that because Trump is starting to do through tariffs the same thing Obama did via hyperregulation - scaring investors. Businesses don't know how to construct their supply lines because tariffs are changing so rapidly. Business investment tends to sit on the sidelines when faced with uncertainty. It did it for 8 years under Obama which is why the recovery was so tepid. It's starting to do the same under Trump after two years of strong economic growth driven by the freeing up of that capital.
- Anonymous6 months ago
Leave it, Trumptards will finally wake up when Bernie Sanders is POTUS
- Anonymous6 months ago
The Farm Forum, locally known as the Green Sheet, had an article saying many farmers are thinking about not planting anything since the government promised them guaranteed income.