Tit for Tat Tariffs - The US versus the World

[Aryeh Jay]

Sure they do. The question is, who can endure more pain? I submit, American will revolt when their local dollar store becomes the Dollar + Tariff store....

It's been a dolla fity store for a while.

 

[Aryeh Jay]

Insolvency? The single richest country the world has ever known was on its way towards being out of money? Want to show us the math on that wild claim?

With Donald Trump as President? He bankrupted casinos, you know, the things the mafia used to drain dry and still turned a profit. Never underestimate stupid.

 

[Postvieww]

Insolvency? The single richest country the world has ever known was on its way towards being out of money? Want to show us the math on that wild claim?

Wild claim are you serious? 1. Federal debt $36.5 trillion 2. Increases $1 trillion every 100 days 3. $10 billion every day 4. $417 million every hour 5.6.9 million a minute. How long can any average American family stay solvent with spending proportionate to that? To ignore this type of insanity will unchecked destroy this nation .

 

[7thKeeper]

Yep, when I am driving East comming out of the Rocky Mountains on the Interstate and my breaks don't seem to be working, I don't panic, I just ride it out, they may start working again in a couple of miles.

 

[Postvieww]

funny how NO ONE has responded to explain how countries 1/50th the size of the US are supposed to fix their trade deficits.

Trump’s responsibility is the trade deficits of this nation.

 

[RocksInMyHead]

I miss Car Talk

 

[wing2000]

It's been a dolla fity store for a while.

...at this rate, it will be $1.50 + $2.00 for Trump's tariff.

 

[7thKeeper]

I miss Car Talk

Me too. Says something that it's recordings were broadcast on radio even in Finland.

 

[loveofourlord]

Trump’s responsibility is the trade deficits of this nation.

yes, thats my queestion, many of the trade deficit is against smaller countries, canada already has a huge trade deficit with the us and is exports 10% more, what more do you want us to do? what do you want countries with less then a thousand dollars a year average pay to do to import more from the US. your complaining literally, people aren't buying enough, how do you plan to fix that?

 

[Belk]

Wild claim are you serious? 1. Federal debt $36.5 trillion 2. Increases $1 trillion every 100 days 3. $10 billion every day 4. $417 million every hour 5.6.9 million a minute. How long can any average American family stay solvent with spending proportionate to that? To ignore this type of insanity will unchecked destroy this nation .

Oh look, more claims with no math to back then up.

 

[MotoToTheMax]

If you overlay that picture with the recent stock market graph you'd think the artist traced it.

 

[wing2000]

"...European Union member states voted to approve counter-tariffs against the United States that would take effect next Tuesday, its first response to Mr. Trump’s levies. Documents showed that duties of 25 percent would be applied to a wide range of goods imported from the United States, including products as varied as corn and plate glass. The bloc said its countermeasures “can be suspended at any time, should the U.S. agree to a fair and balanced negotiated outcome.”

Here’s the latest.

www.nytimes.com

 

[Aryeh Jay]

I miss Car Talk

Dewey, Cheatham, and Howe.

 

[Desk trauma]

Dewey, Cheatham, and Howe.

Full staff credits here.

 

[Oompa Loompa]

How so? Those countries did not make the decision to spend more money than we take in.

Funny, I dont remember saying anything about trade deficits. Practically every country has tariffs on American goods. If tariffs are so bad, why does every other country have them?

 

[RocksInMyHead]

Dewey, Cheatham, and Howe.

Picov Andropov the Russian chauffeur was always my favorite staff credit

 

[Oompa Loompa]

The USA economy was doing just fine, the USA stock market was doing just fine. The Biden administration took over in the throws of the pandemic, which had shut down the economy and shut down global supply chains, inflation took hold world wide.

But still the Biden administration worked through all the difficult challenges and managed to pull USA out of the mess, USA was improving quicker than most countries world wide, and it steadily got better and better.
Then Trump took over, in bombastic fashion, Trump threatened USA's allies, teased and taunted them with tarrifs, I'm gonna put them on, then last minute, Nah, just kidding, but then later, of course I wasn't kidding, they are going on, and then nah, just kidding, and now they have gone on.
Business confidence has been shattered, USA's relationships with their allies and trading partners have been shattered. Now in less than 3 months of Trump taking office, the USA is headed for a recession, the stock market is crashing, and MAGAs are running round the internet full of crazy excuses.

The economy was like a body builder who is pumped up on steroids. Sure, it may have looked good, but it's internal organs were shutting down. The true health of the economy was covered up and propped up more than Joe Biden during his last year in office.

 

[Oompa Loompa]

This is the second time I have seen this claim. Can you please explain the reasoning on this? How is the fact that we run a deficit in our spending show that we are being taken advantage of?

I am not going to waste my time trying to explain knowing that whatever I say is just going to be denied, dismissed, or deflected. Just ask yourself how the stock market would look if we couldn't keep it on life support with printed money, massive spending bills, and government pet projects? All things the Tea Party have been warning for decades.

 

[essentialsaltes]

The economy was like a body builder who is pumped up on steroids. Sure, it may have looked good, but it's internal organs were shutting down. The true health of the economy was covered up and propped up more than Joe Biden during his last year in office.

Hahaha. We have 62 pages of conservatives saying Bidenomics didn't look good, combined with how things would finally look better once Trump was in office. None of this "looking good, but oh so sick under the surface" baloney.

 

[Belk]

I am not going to waste my time trying to explain knowing that whatever I say is just going to be denied, dismissed, or deflected.

Ah, you are aware the reasoning is subpar. Good to know.

Just ask yourself how the stock market would look if we couldn't keep it on life support with printed money, massive spending bills, and government pet projects? All things the Tea Party have been warning for decades.