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Trump Signs Order Rolling Back Tariffs on Hundreds of Food Items

Belk

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Many Democrats just didn't understand how beneficial tariffs could be to our country. It will be nice for everyone to get $2000 to put back into the economy.
So you support taking money from the collective and distributing it to those in need?
 
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Ellesmere

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The truth is that tariffs have had a tremendously positive effect on the U.S. economy. As Trump stated long ago he would adjust the tariffs.
Unfortunately there are people who actively want to see Trump fail and are willing to let people economically suffer in order to achieve that goal. I think those people will promote another shutdown early next year.

1) Trump was elected largely on the Biden Administration's inability to address the growing pressure of affordability in the present - an issue that average Americans were forced to confront every day!

2) Ten months into the Trump Administration and once again the American electorate is being told to ignore the present and focus on all the supposed benefits Republican policies will deliver sometime in the future - apparently MAGA supporters expected Trump and his policies to be exempt from the same criticisms that they directed at the Biden Administration

3) While political parties out of power focus on the failure of their opponents, that represent the government, to deliver on their promises in the PRESENT!

4) Once these political parties are elected to form the next Administration, however, that messaging suddenly switches to a FUTURE ORIENTATION _ politicians can be held accountable for shortfalls in the PRESENT but 'are exempt for the failure of their policies in the FUTURE because they have yet to occur!

5) Virtually every prominent economists has concluded that Trump's TARIFFS represent a tax on the American consumer _ which are forced to pay more for imported products, particularly those foods that can't be grown in the US (ie coffee)!

6) If the Trump tariffs were such a great success, why the need for the rollback on 100's of food items - this represents an admission that the previous policy of implementing "blanket" tariffs on all the exports from foreign nations was doomed to failure, creating in havoc in domestic markets, triggering rapid increases!s!

7) This ON-OFF-ON disruption of supply chains for these items, particularly foodstuffs, was also entirely predictable - the full negative impact of Trump's tariff policies have yet to exert themselves!

8) This will be particularly acute in the American auto industry, where decades of integration with Canada and Mexico suppliers that reduced production costs can't be suddenly reversed with the stroke of a pen! -
 
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wing2000

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The truth is that tariffs have had a tremendously positive effect on the U.S. economy. As Trump stated long ago he would adjust the tariffs.

Example?

Tariffs have been a legal tool for many presidents.

Broad tariffs have not been used by any President in the past 70 years.

Many Democrats just didn't understand how beneficial tariffs could be to our country.

Do tell....how is a government imposed consumer tax beneficial to our country?
 
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7thKeeper

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Many Democrats just didn't understand how beneficial tariffs could be to our country. It will be nice for everyone to get $2000 to put back into the economy.
... Huh. Funny, I didn't know you were a communist.
 
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DaisyDay

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Many Democrats just didn't understand how beneficial tariffs could be to our country.
Now even the Magadonians are starting to see how non-beneficial they can be.
It will be nice for everyone to get $2000 to put back into the economy.
It would be a lot nicer if it didn't come with the sacrifice of getting kicked off Medicare or losing ACA subsidies. Universal healthcare would be nicer for just about everybody.
 
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Ellesmere

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Democrats just didn't understand how beneficial tariffs could be to our country. It will be nice for everyone to get $2000 to put back into the economy.

Over 1,500 Economists Agree: Trump's Tariffs Are Terrible

N. Gregory Mankiw, professor of economics at Harvard University, tells Reason the most important takeaway from the declaration is that "economists are really united in opposition to the Trump international economic policy, [which] seems to be founded on a variety of very fundamental misconceptions about economics and economic history."

Sixteen Nobel Economists Sign Letter About Risks to the U.S. Economy of a Second Trump Presidency

The outcome of this election will have economic repercussions for years, and possibly decades, to come. We believe that a second Trump term would have a negative impact on the U.S.’s economic standing in the world and a destabilizing effect on the U.S.’s domestic economy.

Signed, George A. Akerlof (2001) Sir Angus Deaton (2015) Claudia Goldin (2023) Sir Oliver Hart (2016) Eric S. Maskin (2007) Daniel L. McFadden (2000) Paul R. Milgrom (2020) Roger B. Myerson (2007) Edmund S. Phelps (2006) Paul M. Romer (2018) Alvin E. Roth (2012)​

*******************************************************************************************************************************

What does Trump know about tariffs that virtually every prominent economist in America, including 16 Nobel Economists, have failed to comprehend?

 
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Gene2memE

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This move comes as President Trump looks for ways to boost affordability for Americans. The renewed focus follows the victory of democratic socialist Zohran Mamdani, which has heightened attention on housing and everyday living cost.

I lot of people are living paycheck to paycheck and the Schumer shutdown was a shot that had a ripple effect that economically hurt a lot of people. President Trump is right on top of the situation.

Wow.

So much spin here that you could hook the author up to a dynamo and power a small continent.
 
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rambot

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The truth is that tariffs have had a tremendously positive effect on the U.S. economy.
As evidenced by the employment rate? Increases in salaries? Improved conditions for the working class?
Cheaper goods due to tariffs?

What is the evidence of a positive US economy.

Many Democrats just didn't understand how beneficial tariffs could be to our country
We've just been looking for the evidence of that. That's all.

Evidence is a tricky thing because if there is none, it seems silly to think that you'd be right.
 
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rambot

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View attachment 373314



Over 1,500 Economists Agree: Trump's Tariffs Are Terrible

N. Gregory Mankiw, professor of economics at Harvard University, tells Reason the most important takeaway from the declaration is that "economists are really united in opposition to the Trump international economic policy, [which] seems to be founded on a variety of very fundamental misconceptions about economics and economic history."

Sixteen Nobel Economists Sign Letter About Risks to the U.S. Economy of a Second Trump Presidency

The outcome of this election will have economic repercussions for years, and possibly decades, to come. We believe that a second Trump term would have a negative impact on the U.S.’s economic standing in the world and a destabilizing effect on the U.S.’s domestic economy.

Signed, George A. Akerlof (2001) Sir Angus Deaton (2015) Claudia Goldin (2023) Sir Oliver Hart (2016) Eric S. Maskin (2007) Daniel L. McFadden (2000) Paul R. Milgrom (2020) Roger B. Myerson (2007) Edmund S. Phelps (2006) Paul M. Romer (2018) Alvin E. Roth (2012)​

*******************************************************************************************************************************

What does Trump know about tariffs that virtually every prominent economist in America, including 16 Nobel Economists, have failed to comprehend?

Those idiots must be left wingers.

I mean, I'm POSITIVE that MOST economists are right wingers....right?
 
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BCP1928

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As evidenced by the employment rate? Increases in salaries? Improved conditions for the working class?
Cheaper goods due to tariffs?

What is the evidence of a positive US economy.
That the GINI coefficient is increasing. That's the only evidence that matters to MAGA.
 
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FAITH-IN-HIM

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Many Democrats just didn't understand how beneficial tariffs could be to our country. It will be nice for everyone to get $2000 to put back into the economy.
If tariffs are beneficial, why is President Trump reducing them? You initiated a discussion stating that President Trump is rolling back tariffs to support people, yet you also claim tariffs are advantageous. Do you see the inconsistency in your argument?
 
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FAITH-IN-HIM

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So you support taking money from the collective and distributing it to those in need?
If President Trump endorses such an idea, his supporters appear to have no objection to socialism. There was a time when conservatives generally refrained from intervening in business affairs, adhering to the principle that government should remain as distant as possible from the private sector. Currently, however, the conservative president invites major businesses to the White House and declares that the government will claim 15% of their profits if they operate in China. His supporters affirm this approach, asserting that it aligns with the free-market capitalism they have always sought to promote.
 
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CRAZY_CAT_WOMAN

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The truth is that tariffs have had a tremendously positive effect on the U.S. economy. As Trump stated long ago he would adjust the tariffs.
Unfortunately there are people who actively want to see Trump fail and are willing to let people economically suffer in order to achieve that goal. I think those people will promote another shutdown early next year.
No they don't. I'm guessing Trump's rich friends are starting to suffer from the Tariffs. So Trump is lowering Tariffs. If Trump cared about the poor, then he would have use the 300 millions on programs for the poor, instead of an over priced Ballroom. He would improve Affordable Care Act.
 
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Valletta

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No they don't. I'm guessing Trump's rich friends are starting to suffer from the Tariffs. So Trump is lowering Tariffs. If Trump cared about the poor, then he would have use the 300 millions on programs for the poor, instead of an over priced Ballroom. He would improve Affordable Care Act.
The ballroom money is from donations, the White House is owned by the people. It is a gift to the people of the United States. The Affordable Care Act is not affordable, extremely wasteful, and prone to theft. Better to give the money to the people instead and let them choose insurance instead of to wealthy insurance companies.
 
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GoldenBoy89

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wing2000

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The ballroom money is from donations, the White House is owned by the people. It is a gift to the people of the United States.

....is now owned by some people.

Altria Group
Amazon
Apple
Booz Allen Hamilton
Caterpillar
Coinbase
Comcast
José and Emilia Fanjul
Hard Rock International
Google
HP
Lockheed Martin
Meta
Micron Technology
Microsoft
NextEra Energy
Palantir Technologies
Ripple
Reynolds American
T-Mobile
Tether America
Union Pacific Railroad

Adelson Family Foundation
Stefan E. Brodie
Betty Wold Johnson Foundation
Charles and Marissa Cascarilla
Edward and Shari Glazer
Harold Hamm
Benjamin Leon Jr.
The Lutnick family
The Laura & Isaac Perlmutter Foundation
Stephen A. Schwarzman
Konstantin Sokolov
Kelly Loeffler and Jeff Sprecher
Paolo Tiramani
Cameron Winklevoss
Tyler Winklevoss

 
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Gene2memE

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The ballroom money is from donations,

Corporate donations that are obvious bribes and pay-for-play access.

Comcast
Booz Allen Hamilton
Ripple
Google/YouTube
Palantir
Amazon
Microsoft
T-Mobile
Coinbase
Nvidia
Susquehanna International Group
Gemini
Lockheed Martin

It's like a who's-who of companies which have anti-trust, SEC or DoJ investigations running into them. Or have had anti-trust, SEC or DoJ investigations mysteriously and rapidly ended against them since February. Or make the vast majority of their money from Federal contracts. Or have previously donated to Trump/MAGA dark money organisations.

The Affordable Care Act is not affordable, extremely wasteful, and prone to theft.

The US HEALTHCARE SYSTEM IS NOT AFFORDABLE. Other countries - rich and poor - do better for their populations for less money. This is the point people have been trying to drive home to you about universal healthcare systems. Profit extraction and rent-seeking due to inadequate regulation and the lack of a single payer option are the reasons US healthcare is so expensive.

Also, name a single healthcare system that doesn't have those latter two characteristics. I dare you.

Better to give the money to the people instead and let them choose insurance instead of to wealthy insurance companies.

Yes, better that the companies negotiate with individuals rather than a single large entity with considerable power... That's work just wonders in the US healthcare system so far.

Remind me, what is the leading cause of bankruptcy in the US?
Also, have rates and numbers of personal bankruptcies increased, decreased or stayed the same since the introduction of the ACA?
 
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rambot

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The ballroom money is from donations, the White House is owned by the people. It is a gift to the people of the United States.
It is insulting to say that ballroom attached to the White House is a gift to the people of the United States. Seriously. Did that line get lifted straight out of a Patel speech?
The Grand Canyon....THAT is a gift to the people of the United States.

A gawdy ballroom filled with people who actively despise people like Valletta and I and have lavish parties in "OUR" ballroom to celebrate their superiority and control over us.

It's like a villain scene out of a comic book.
So yeah. Please start a thread when you get your invitation and pay 250,000 to get in.

I'd love to see a live stream of that.



The Affordable Care Act is not affordable, extremely wasteful, and prone to theft. Better to give the money to the people instead and let them choose insurance instead of to wealthy insurance companies.
I woud say 'It's better to give the money to the people instead" and everyone work together in one single huge insurance company. You could call it "Nationalized Healthcare" and it could be funded by tax dollars.
 
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Valletta

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It is insulting to say that ballroom attached to the White House is a gift to the people of the United States. Seriously. Did that line get lifted straight out of a Patel speech?
The Grand Canyon....THAT is a gift to the people of the United States.

A gawdy ballroom filled with people who actively despise people like Valletta and I and have lavish parties in "OUR" ballroom to celebrate their superiority and control over us.

It's like a villain scene out of a comic book.
So yeah. Please start a thread when you get your invitation and pay 250,000 to get in.

I'd love to see a live stream of that.




I woud say 'It's better to give the money to the people instead" and everyone work together in one single huge insurance company. You could call it "Nationalized Healthcare" and it could be funded by tax dollars.
Trump had money before he became president, Nancy Pelosi made her fortune while she was in the government. My taxpayer dollars are being spend to fund illegals, illegals millions who were brought in just so one party could seize control of our government.
 
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