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Trump says he's considering rebate checks for Americans based on tariff revenue

Valletta

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You really have no idea. The deal means that Indonesians won't be paying any extra on US imports. But you will be paying 19% more on anything you buy from them. You must like paying more. You seem quite excited by it.
"In a historic milestone for U.S. economic policy, the federal government posted a $27 billion surplus in June — and remarkably, every single dollar came from tariffs. It’s the first time in modern history that tariffs alone have accounted for a monthly surplus, and it’s yet another vindication of President Donald J. Trump’s bold America First trade strategy . . ."
“The tariff panic and inflation fearmongering from Democrats and their friends in the media hasn’t held up,” Treasury Secretary Scott Bessent said. “imported goods prices are down this year, falling even faster than overall goods prices.”
 
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Bradskii

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...every single dollar came from tariffs.
And every single dollar was paid by American businesses and American consumers. You simply don't understand this, do you...

And this from the Financial Review: US inflation rises as Trump’s tariffs lift prices

'Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs pushed up the cost of a range of goods from furniture, clothing to large appliances. Consumer prices rose 2.7 per cent in June from a year earlier, the US Labour Department said on Tuesday, up from an annual increase of 2.4 per cent in May.'

You are being lied to. And as you, and seemingly so many others - including Trump, simply have no idea how tariffs work it's not difficult to get you to fall for the lies.

And from here: MSN

'Domestic automakers have indicated that tariffs are eating into their profits. General Motors, the Detroit-based producer of iconic brands such as Cadillac and Buick, told investors this week that Trump’s trade policies have cost the company $1.1 billion in the most recent quarter.

Stellantis, the Netherlands-based parent of US brands Ram and Jeep, said Monday that it lost $350 million as a result of Trump’s tariff policies.

Other multinationals such as Texas Instruments, ASM International, AMD and Best Buy — companies that are vulnerable to tariffs due to their reliance on key commodities such as steel, aluminum and semiconductors — have all cited tariffs as one of the reasons behind weakening demand and lower profits.'

Do you understand that? Tariffs are harming US businesses. They'll do their best to absorb the extra costs. But eventually they'll have to pass them on. And who will be paying the extra? You. You will be paying the extra.
 
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Valletta

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And every single dollar was paid by American businesses and American consumers. You simply don't understand this, do you...

And this from the Financial Review: US inflation rises as Trump’s tariffs lift prices

'Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs pushed up the cost of a range of goods from furniture, clothing to large appliances. Consumer prices rose 2.7 per cent in June from a year earlier, the US Labour Department said on Tuesday, up from an annual increase of 2.4 per cent in May.'

You are being lied to. And as you, and seemingly so many others - including Trump, simply have no idea how tariffs work it's not difficult to get you to fall for the lies.

And from here: MSN

'Domestic automakers have indicated that tariffs are eating into their profits. General Motors, the Detroit-based producer of iconic brands such as Cadillac and Buick, told investors this week that Trump’s trade policies have cost the company $1.1 billion in the most recent quarter.

Stellantis, the Netherlands-based parent of US brands Ram and Jeep, said Monday that it lost $350 million as a result of Trump’s tariff policies.

Other multinationals such as Texas Instruments, ASM International, AMD and Best Buy — companies that are vulnerable to tariffs due to their reliance on key commodities such as steel, aluminum and semiconductors — have all cited tariffs as one of the reasons behind weakening demand and lower profits.'

Do you understand that? Tariffs are harming US businesses. They'll do their best to absorb the extra costs. But eventually they'll have to pass them on. And who will be paying the extra? You. You will be paying the extra.
Although they have quite a liberal slant I do watch the financial channel, CNBC. Here is their reporting:
  • The producer price index, a measure of wholesale costs, showed no change in June, against the forecast for a 0.2% increase. The same was true for the core PPI.
  • Though the numbers for headline and core wholesale inflation were subdued, final demand goods prices rose 0.3%, but were offset by a 0.1% fall in services.
  • Combined with Tuesday’s consumer price index release, the data suggests that President Donald Trump’s tariffs are indicating only a marginal bite on the U.S. economy.
 
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Bradskii

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  • Combined with Tuesday’s consumer price index release, the data suggests that President Donald Trump’s tariffs are indicating only a marginal bite on the U.S. economy.
It doesn't happen immediately. Some goods being shipped to the US whilst various tariffs were stopped, started, stopped again, restarted, changed etc etc are still in transit. Orders for goods for overseas components have yet to be filled. Every single tariff is a cost for a US importer, manufacturer, supplier, wholesaler - any business who imports literally anything. And all of whom have absolutely no idea what they'll end up paying in most cases. Because in most cases they have no idea what the situation will be tomorrow, let alone next week or next month.

So how is this going to affect them? They'll try to absorb some costs which means less money to expand, less money to take on staff - not that they could plan to do so with all the uncertainty in any case. And when those extra costs start to bite then they'll pass them on to you. And I mean literally you. You'll pay extra money to this administration to pay for the tariffs. An administration that said that they'd start to drop prices from Day One.

You are constantly being lied to. Every day. And very obviously. It's undeniable. And there's a whiff of desperation in your posts as you struggle to deny the lies and come to terms with the actual situation. From the very link you supplied:

'The BLS on Tuesday reported that the consumer price index, which measures what consumers pay for goods and services, showed a monthly increase of 0.3% and an annual inflation rate of 2.7%. Core inflation was at 2.9% annually.'

Those are the same figures I gave you from the Financial Review. And your response in an attempt to try to try to deny them? You post another link that actually confirmed them...
 
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Valletta

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It doesn't happen immediately. Some goods being shipped to the US whilst various tariffs were stopped, started, stopped again, restarted, changed etc etc are still in transit. Orders for goods for overseas components have yet to be filled. Every single tariff is a cost for a US importer, manufacturer, supplier, wholesaler - any business who imports literally anything. And all of whom have absolutely no idea what they'll end up paying in most cases. Because in most cases they have no idea what the situation will be tomorrow, let alone next week or next month.

So how is this going to affect them? They'll try to absorb some costs which means less money to expand, less money to take on staff - not that they could plan to do so with all the uncertainty in any case. And when those extra costs start to bite then they'll pass them on to you. And I mean literally you. You'll pay extra money to this administration to pay for the tariffs. An administration that said that they'd start to drop prices from Day One.

You are constantly being lied to. Every day. And very obviously. It's undeniable. And there's a whiff of desperation in your posts as you struggle to deny the lies and come to terms with the actual situation. From the very link you supplied:

'The BLS on Tuesday reported that the consumer price index, which measures what consumers pay for goods and services, showed a monthly increase of 0.3% and an annual inflation rate of 2.7%. Core inflation was at 2.9% annually.'

Those are the same figures I gave you from the Financial Review. And your response in an attempt to try to try to deny them? You post another link that actually confirmed them...
Same figures but the spin is different. CNBC is attune to corporate America, and corporate America is quite positive as can be seen from the stock market action. Many were fooled and thought inflation would suddenly take off and prices suddenly rise. That didn't happen. But you are correct that tariffs will eventually have some inflationary effects. As I've said, and I'm quite sincere, taxes or tariffs make little difference to me, I don't think one is superior to the other, with the exception that tariffs can be used by the president to bargain with other countries. And Trump is trying to level the playing field with some tough negotiations. You are right about the uncertainty by companies on prices, this is because such high and broad U.S. tariffs have not been tried in modern history. The stock market doesn't like uncertainty so I think there will be some hits. But what I do agree with Trump on is just how poor of deals the U.S. has made in the past. As I've said, most in the bureaucracy haven't had a history of tough negotiating and see getting a deal done, virtually ANY deal, as an accomplishment.
 
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Hans Blaster

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It doesn't happen immediately. Some goods being shipped to the US whilst various tariffs were stopped, started, stopped again, restarted, changed etc etc are still in transit. Orders for goods for overseas components have yet to be filled. Every single tariff is a cost for a US importer, manufacturer, supplier, wholesaler - any business who imports literally anything. And all of whom have absolutely no idea what they'll end up paying in most cases. Because in most cases they have no idea what the situation will be tomorrow, let alone next week or next month.

So how is this going to affect them? They'll try to absorb some costs which means less money to expand, less money to take on staff - not that they could plan to do so with all the uncertainty in any case. And when those extra costs start to bite then they'll pass them on to you. And I mean literally you. You'll pay extra money to this administration to pay for the tariffs. An administration that said that they'd start to drop prices from Day One.

You are constantly being lied to. Every day. And very obviously. It's undeniable. And there's a whiff of desperation in your posts as you struggle to deny the lies and come to terms with the actual situation. From the very link you supplied:

'The BLS on Tuesday reported that the consumer price index, which measures what consumers pay for goods and services, showed a monthly increase of 0.3% and an annual inflation rate of 2.7%. Core inflation was at 2.9% annually.'

Those are the same figures I gave you from the Financial Review. And your response in an attempt to try to try to deny them? You post another link that actually confirmed them...
Given that the illegal tariffs change on sometimes a daily basis (and certainly faster than a container ship travels), the importers don't know exactly how much tax they will pay when their goods arise (and they may go down tomorrow), so until they have to they absorb some of those taxes and as needed slowly creep prices up to compensate. For big items, like imported cars, it is hard to avoid it. (I don't recall if there was an import duty listed on the "price sheet" for my Japanese-built car, as it was a long time ago.)
 
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essentialsaltes

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If you want to take Trump's comment about ending inflation to mean inflation would be forever at exactly 0.000 percent that is your prerogative.
I mean, Trump doesn't know what he's talking about, or possibly he wanted to say impossible things that would be popular (like lowering drug prices 1000%), but Trump said he would "bring prices down" which would imply a negative inflation rate.

Whatever it was he actually meant, I don't think he was promising to inch inflation upwards.
 
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Bradskii

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...taxes or tariffs make little difference to me...
So after arguing that Trump will bring down prices (from Day One!) and that this was one of the reasons why people should vote for him, you've now done a 180 and you're effectively saying that everyone should not just expect higher prices, but should in effect be grateful for them. Because hey, the US is now getting a better deal.

So paying more for everything is now your definition of 'a better deal'. Notwithstanding that you have prompted a lot of countries that did a lot of business with you to think twice about that. You're isolating yourself from the world economy. Australia for example is looking more to China, Japan and SE Asia. From here: The United States has proven itself an incomprehensible and unreliable ally

'Examples of America's unseriousness have been building to the point where the US isn't even a comprehensible ally, let alone a reliable one, or a safe place to invest — global investors are now steadily reducing their exposure to American assets.'

A steady alliance with so many countries that has been built up over decades is crumbling.
 
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Bradskii

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From here: Politics live: Trump threatens to double tariffs for countries including Australia; Victoria brings tougher bail laws to parliament

'Trump said that his administration will notify about 200 countries soon of a new tariff rate for “the rest of the world”. “I would say it’ll be somewhere in the 15 to 20 per cent range,” he said. “Probably one of those two numbers.”

What an absolute clown show. The guy has absolutely no idea what he's doing. Which means that every business in the US likewise has no idea what is going to happen either. If a company makes Widgets and gets an enquiry for a big order, if they use components that they need from overseas, or another US company supplies those components but who rely on overseas materials, then how in heaven's name do they know what to quote if they don't know how much they'll be paying to make them?

This is a list of all the changes and reversals, all the stops and starts re tariffs, which don't include anything that's happened in the last few days. Random is not a word that comes close to describing it all.

  • July 22, 2025: President Trump announced the trade agreement with Japan and suggested that a trade deal with the EU had also been reached.
  • July 12, 2025: Trump announces 30% tariffs to be imposed on the EU and Mexico as of August 1.
  • July 6, 2025: Treasury Secretary Scott Bessent announced that tariffs would revert to their previous levels (as of April 2) on August 1 for countries that had not reached new trade agreements.
  • June 27, 2025: Trump announced he was cutting off trade talks with Canada and threatened new tariff rates on Canadian goods
  • June 11, 2025: President Trump announced a trade deal with China: the existing 20% “fentanyl” and 10% “reciprocal” tariffs would remain, and higher tariffs were paused for 90 days
  • June 10, 2025: The U.S. Court of Appeals for the Federal Circuit allowed Trump’s tariffs to remain in effect, after lower courts found them illegal. Oral arguments are scheduled for July 31.
  • June 4, 2025: The U.S. increased tariffs on steel and aluminum imports from 25% to 50%, with exceptions for the UK.
  • June 1, 2025: The Trump administration delayed a 50% reciprocal tariff on the European Union (EU) to July 9
  • May 30, 2025: Trump announces a 50% tariff on imported steel, a 25% increase.
  • May 29, 2025: After a second federal court ruled against Trump's tariffs, a federal appeals court stayed those rulings, leaving the tariffs in place pending further court review.
  • May 28, 2025: The International Court of Trade pauses many of Trump's tariffs after ruling the president doesn't have the authority to impose them under the IEEPA.
  • May 23, 2025: Trump threatens 50% EU tariff and 25% Apple tariff
  • May 12, 2025: U.S. and China 90-day suspension of high retaliatory tariffs.
  • May 8, 2025: Trump announces trade deal with the UK.
  • May 4, 2025: Trump floats the idea of a 100% tariff on foreign-made films.
  • April 29, 2025: Trump changes the rules surrounding tariffs on automobiles such that steel and aluminum tariffs don't stack on top of the 25% tariffs.
  • April 23, 2025: Several states file a lawsuit against the Trump administration due to its tariff policies.
  • April 12, 2025: US Customs and Border Protection notice temporarily exempts cell phones and some other electronics from the 145% tariffs
  • April 10, 2025: The White House says the tariff rate for China is 145%.
  • April 9, 2025: Higher "reciprocal" tariff rates for many countries were set to take effect, according to the White House. But the Trump administration says this now means 125% on Chinese imports and a 90-day pause for most other countries, set to expire on July 8.
  • April 7, 2025: Trump threatens 50% tariffs on China
  • April 5, 2025: U.S. 10% baseline tariffs go into effect against many countries.
  • April 2, 2025: Trump's Tariff' Liberation Day": Trump announces sweeping tariffs on almost all countries at half the rate the administration claims they charge the U.S. Some Senate Republicans join Democrats in a vote designed to invalidate Trump's tariffs on Canada.
  • March 26, 2025: President Trump announces a 25% tariff on almost all imported cars effective as of April 3, 2025, and on key auto parts planned for May 3.
  • March 12, 2025: The U.S. announces Increased tariffs on steel and aluminum to 25% globally.
  • March 4, 2025: Trump increased tariffs on Chinese imports to 20%. New reciprocal tariffs have since been imposed on China.
I mean, how does it feel to have a guy in the White House who is financially illiterate? A guy who seemingly picks tariff rates at random. A guy who puts tariffs on uninhabited islands. A guy who says he's going to lower drug prices by 1,000%. When are some of you guys going to snap out of this fantasy world that you're living in and confront reality?
 
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PatrickTate

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From here: Politics live: Trump threatens to double tariffs for countries including Australia; Victoria brings tougher bail laws to parliament

'Trump said that his administration will notify about 200 countries soon of a new tariff rate for “the rest of the world”. “I would say it’ll be somewhere in the 15 to 20 per cent range,” he said. “Probably one of those two numbers.”

What an absolute clown show. The guy has absolutely no idea what he's doing. Which means that every business in the US likewise has no idea what is going to happen either. If a company makes Widgets and gets an enquiry for a big order, if they use components that they need from overseas, or another US company supplies those components but who rely on overseas materials, then how in heaven's name do they know what to quote if they don't know how much they'll be paying to make them?

This is a list of all the changes and reversals, all the stops and starts re tariffs, which don't include anything that's happened in the last few days. Random is not a word that comes close to describing it all.

  • July 22, 2025: President Trump announced the trade agreement with Japan and suggested that a trade deal with the EU had also been reached.
  • July 12, 2025: Trump announces 30% tariffs to be imposed on the EU and Mexico as of August 1.
  • July 6, 2025: Treasury Secretary Scott Bessent announced that tariffs would revert to their previous levels (as of April 2) on August 1 for countries that had not reached new trade agreements.
  • June 27, 2025: Trump announced he was cutting off trade talks with Canada and threatened new tariff rates on Canadian goods
  • June 11, 2025: President Trump announced a trade deal with China: the existing 20% “fentanyl” and 10% “reciprocal” tariffs would remain, and higher tariffs were paused for 90 days
  • June 10, 2025: The U.S. Court of Appeals for the Federal Circuit allowed Trump’s tariffs to remain in effect, after lower courts found them illegal. Oral arguments are scheduled for July 31.
  • June 4, 2025: The U.S. increased tariffs on steel and aluminum imports from 25% to 50%, with exceptions for the UK.
  • June 1, 2025: The Trump administration delayed a 50% reciprocal tariff on the European Union (EU) to July 9
  • May 30, 2025: Trump announces a 50% tariff on imported steel, a 25% increase.
  • May 29, 2025: After a second federal court ruled against Trump's tariffs, a federal appeals court stayed those rulings, leaving the tariffs in place pending further court review.
  • May 28, 2025: The International Court of Trade pauses many of Trump's tariffs after ruling the president doesn't have the authority to impose them under the IEEPA.
  • May 23, 2025: Trump threatens 50% EU tariff and 25% Apple tariff
  • May 12, 2025: U.S. and China 90-day suspension of high retaliatory tariffs.
  • May 8, 2025: Trump announces trade deal with the UK.
  • May 4, 2025: Trump floats the idea of a 100% tariff on foreign-made films.
  • April 29, 2025: Trump changes the rules surrounding tariffs on automobiles such that steel and aluminum tariffs don't stack on top of the 25% tariffs.
  • April 23, 2025: Several states file a lawsuit against the Trump administration due to its tariff policies.
  • April 12, 2025: US Customs and Border Protection notice temporarily exempts cell phones and some other electronics from the 145% tariffs
  • April 10, 2025: The White House says the tariff rate for China is 145%.
  • April 9, 2025: Higher "reciprocal" tariff rates for many countries were set to take effect, according to the White House. But the Trump administration says this now means 125% on Chinese imports and a 90-day pause for most other countries, set to expire on July 8.
  • April 7, 2025: Trump threatens 50% tariffs on China
  • April 5, 2025: U.S. 10% baseline tariffs go into effect against many countries.
  • April 2, 2025: Trump's Tariff' Liberation Day": Trump announces sweeping tariffs on almost all countries at half the rate the administration claims they charge the U.S. Some Senate Republicans join Democrats in a vote designed to invalidate Trump's tariffs on Canada.
  • March 26, 2025: President Trump announces a 25% tariff on almost all imported cars effective as of April 3, 2025, and on key auto parts planned for May 3.
  • March 12, 2025: The U.S. announces Increased tariffs on steel and aluminum to 25% globally.
  • March 4, 2025: Trump increased tariffs on Chinese imports to 20%. New reciprocal tariffs have since been imposed on China.
I mean, how does it feel to have a guy in the White House who is financially illiterate? A guy who seemingly picks tariff rates at random. A guy who puts tariffs on uninhabited islands. A guy who says he's going to lower drug prices by 1,000%. When are some of you guys going to snap out of this fantasy world that you're living in and confront reality?
I thank you for creating this discussion so that I can be more well informed about this. I personally think the this actually may be a brilliant idea and may perhaps be being done for better reasons than we might tend to think at first.
 
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DaisyDay

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"In a historic milestone for U.S. economic policy, the federal government posted a $27 billion surplus in June — and remarkably, every single dollar came from tariffs. It’s the first time in modern history that tariffs alone have accounted for a monthly surplus, and it’s yet another vindication of President Donald J. Trump’s bold America First trade strategy . . ."
“The tariff panic and inflation fearmongering from Democrats and their friends in the media hasn’t held up,” Treasury Secretary Scott Bessent said. “imported goods prices are down this year, falling even faster than overall goods prices.”
So, if the new tariffs are just taking effect today, all this bonus stuff is from before?

NYT: Live Updates: As Trump’s Tariffs Reorder World Trade, Hardest-Hit Countries Rush to Respond

The president’s punishing levies — which are expected to drive up prices for American consumers, and have spooked many businesses around the world — officially took effect just after midnight, marking a significant step forward in his attempt to reorder global trade. Mr. Trump formalized those rates in a series of executive orders that he signed last week, imposing duties up to 50 percent on about 90 countries.

Major U.S. trade partners, including the European Union, Japan and South Korea, now face a 15 percent tariff on their exports to the United States — rates that were settled in recent trade deals. Many other nations could not broker a deal in time.
 
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SavedByGrace3

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Not many people are going to turn down a check, but it would be better applied to the debt. If we are going to avoid a Great Depression, we need to start working on this approaching monster. Please do it for our children.
 
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Valletta

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From here: Politics live: Trump threatens to double tariffs for countries including Australia; Victoria brings tougher bail laws to parliament

'Trump said that his administration will notify about 200 countries soon of a new tariff rate for “the rest of the world”. “I would say it’ll be somewhere in the 15 to 20 per cent range,” he said. “Probably one of those two numbers.”

What an absolute clown show. The guy has absolutely no idea what he's doing. Which means that every business in the US likewise has no idea what is going to happen either. If a company makes Widgets and gets an enquiry for a big order, if they use components that they need from overseas, or another US company supplies those components but who rely on overseas materials, then how in heaven's name do they know what to quote if they don't know how much they'll be paying to make them?

This is a list of all the changes and reversals, all the stops and starts re tariffs, which don't include anything that's happened in the last few days. Random is not a word that comes close to describing it all.

  • July 22, 2025: President Trump announced the trade agreement with Japan and suggested that a trade deal with the EU had also been reached.
  • July 12, 2025: Trump announces 30% tariffs to be imposed on the EU and Mexico as of August 1.
  • July 6, 2025: Treasury Secretary Scott Bessent announced that tariffs would revert to their previous levels (as of April 2) on August 1 for countries that had not reached new trade agreements.
  • June 27, 2025: Trump announced he was cutting off trade talks with Canada and threatened new tariff rates on Canadian goods
  • June 11, 2025: President Trump announced a trade deal with China: the existing 20% “fentanyl” and 10% “reciprocal” tariffs would remain, and higher tariffs were paused for 90 days
  • June 10, 2025: The U.S. Court of Appeals for the Federal Circuit allowed Trump’s tariffs to remain in effect, after lower courts found them illegal. Oral arguments are scheduled for July 31.
  • June 4, 2025: The U.S. increased tariffs on steel and aluminum imports from 25% to 50%, with exceptions for the UK.
  • June 1, 2025: The Trump administration delayed a 50% reciprocal tariff on the European Union (EU) to July 9
  • May 30, 2025: Trump announces a 50% tariff on imported steel, a 25% increase.
  • May 29, 2025: After a second federal court ruled against Trump's tariffs, a federal appeals court stayed those rulings, leaving the tariffs in place pending further court review.
  • May 28, 2025: The International Court of Trade pauses many of Trump's tariffs after ruling the president doesn't have the authority to impose them under the IEEPA.
  • May 23, 2025: Trump threatens 50% EU tariff and 25% Apple tariff
  • May 12, 2025: U.S. and China 90-day suspension of high retaliatory tariffs.
  • May 8, 2025: Trump announces trade deal with the UK.
  • May 4, 2025: Trump floats the idea of a 100% tariff on foreign-made films.
  • April 29, 2025: Trump changes the rules surrounding tariffs on automobiles such that steel and aluminum tariffs don't stack on top of the 25% tariffs.
  • April 23, 2025: Several states file a lawsuit against the Trump administration due to its tariff policies.
  • April 12, 2025: US Customs and Border Protection notice temporarily exempts cell phones and some other electronics from the 145% tariffs
  • April 10, 2025: The White House says the tariff rate for China is 145%.
  • April 9, 2025: Higher "reciprocal" tariff rates for many countries were set to take effect, according to the White House. But the Trump administration says this now means 125% on Chinese imports and a 90-day pause for most other countries, set to expire on July 8.
  • April 7, 2025: Trump threatens 50% tariffs on China
  • April 5, 2025: U.S. 10% baseline tariffs go into effect against many countries.
  • April 2, 2025: Trump's Tariff' Liberation Day": Trump announces sweeping tariffs on almost all countries at half the rate the administration claims they charge the U.S. Some Senate Republicans join Democrats in a vote designed to invalidate Trump's tariffs on Canada.
  • March 26, 2025: President Trump announces a 25% tariff on almost all imported cars effective as of April 3, 2025, and on key auto parts planned for May 3.
  • March 12, 2025: The U.S. announces Increased tariffs on steel and aluminum to 25% globally.
  • March 4, 2025: Trump increased tariffs on Chinese imports to 20%. New reciprocal tariffs have since been imposed on China.
I mean, how does it feel to have a guy in the White House who is financially illiterate? A guy who seemingly picks tariff rates at random. A guy who puts tariffs on uninhabited islands. A guy who says he's going to lower drug prices by 1,000%. When are some of you guys going to snap out of this fantasy world that you're living in and confront reality?
The Democrats were warned that their spending would cause inflation, "experts" like Janet Yellen insisted inflation was transitory. They were as wrong as could be. My economics professor served as the chair of the Council of Economic Advisers for two Democrat presidents, but he was humble and made a point of explaining there was a quite different but respected school of thought. So too, as I have previously explained, Trump is a negotiator. By now people should be used to his hyperbole.
 
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Bradskii

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Trump is a negotiator. By now people should be used to his hyperbole.
Yeah, when he said he had done 200 deals with different countries, that wasn't actually lying. That was hyperbole. When he said prices would drop from Day One, that wasn't lying. That was hyperbole. When he said he'd end the Ukraine war before he was sworn in, that wasn't lying. That was hyperbole. When he said he'd introduce something better than Obamacare, that wasn't lying. That was hyperbole. Need I go on?

And negotiator? I reckon those penguins would have put one over on him.
 
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wing2000

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By now people should be used to his hyperbole.

Tell that to a the local coffee shop owner who imports coffee from her dad's coffee plantation in Brazil. Over the last decade, she's built a successful business, fufilling a vision to directly market her families product here in Arizona. Now her dream has become a nightmere....all because one man is using tariffs to satisfy his need to exerscise power.
 
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Valletta

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Yeah, when he said he had done 200 deals with different countries, that wasn't actually lying. That was hyperbole. When he said prices would drop from Day One, that wasn't lying. That was hyperbole. When he said he'd end the Ukraine war before he was sworn in, that wasn't lying. That was hyperbole. When he said he'd introduce something better than Obamacare, that wasn't lying. That was hyperbole. Need I go on?

And negotiator? I reckon those penguins would have put one over on him.
People said Trump was a liar because he didn't get the price of eggs to come down in a day, it took him weeks. It is true Trump has not yet stopped all wars:
 
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wing2000

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People said Trump was a liar because he didn't get the price of eggs to come down in a day, it took him weeks.

I never expected any president to control the price of eggs or any other product on the free market place.
Nor do I expect presidents to inject cost into the supply chain...which the tarrifs definitely do.
 
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Belk

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The Democrats were warned that their spending would cause inflation, "experts" like Janet Yellen insisted inflation was transitory. They were as wrong as could be. My economics professor served as the chair of the Council of Economic Advisers for two Democrat presidents, but he was humble and made a point of explaining there was a quite different but respected school of thought. So too, as I have previously explained, Trump is a negotiator. By now people should be used to his hyperbole.

Walter Heller?​

 
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