Isn’t the pain of tariffs intended to create domestic opportunities for production?
When tariffs are applied, that income goes to the goverment. However in the market, resources reasign to national producers who can now increase their output in the market and charge higher prices (because the new market price is higher thanks to tariffs).
So the winners are the government and national producers
The losers are customers.
Good on that guy admitting “I’m not educated enough, this was a pleasure.” The entire governmental body could learn something from that man.
What people fail to mention is these tariffs should be thought of as a long term solution to bring manufacturing jobs back to the United States. When it’s made here and bought here you don’t have to pay tariffs. Eventually people will capitalize on that need and start businesses, create jobs, eventually lower prices
Not a single thing was learned.
One of these guys is misleading
Oh no, stuff might cost more. Might as well let a violent communist dictatorship have a monopoly on basic necessities like antibiotics because I’m afraid of paying a few cents more on other plastic garbage from China I don’t really need. They’ll definitely keep supplying us during a crisis and won’t cut off supply like they did during COVID.
“The conversation is who bares the cost…” The guy’s an idiot. He shut down the full logic in a narrow-minded way. Overseas buyers will be impacted by reduced sales because of tariffs. They will have to drop prices or the competitors pick up the buyers. Yes, the transition is painful to the end buyer, but it’s eventually a win. Do you want prices to come down? Make it a buyers market by squeezing them last.
Good lord, the us has given people with pea size mind the power to vote. god helps us.
It is truth but the point is tariffs is to make imported products more expensive so people consume local, instead of sushi people will choose burgers (this is an example)
Now, the next step is to explain to Leftists how this same principle applies to things like corporate taxes and minimum wage.
I accept the logic of the answer. But that doesn’t tell the full story. For instance, why does for example Canada care so much then about the tariffs and not want the US to impose tariffs. It’s because you make imported goods more expensive relative to US made goods. It’s still good for US companies selling a substitute of that imported product. Also, it incentivizes the foreign company to move manufacturing to the US – thus, moving jobs and investment back to the US.
I think we are being disingenuous in the conversation if we just think that Trump is just misunderstanding tariffs and doesn’t know what he is doing. He may not be articulating it perfectly, but he knows what he is doing. It still may be the case that it’s ultimately bad policy – but let’s have that discussion instead of ‘oh trump is stupid, he doesn’t know how tariffs work’.
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Isn’t the pain of tariffs intended to create domestic opportunities for production?
When tariffs are applied, that income goes to the goverment. However in the market, resources reasign to national producers who can now increase their output in the market and charge higher prices (because the new market price is higher thanks to tariffs).
So the winners are the government and national producers
The losers are customers.
Good on that guy admitting “I’m not educated enough, this was a pleasure.” The entire governmental body could learn something from that man.
What people fail to mention is these tariffs should be thought of as a long term solution to bring manufacturing jobs back to the United States. When it’s made here and bought here you don’t have to pay tariffs. Eventually people will capitalize on that need and start businesses, create jobs, eventually lower prices
Not a single thing was learned.
One of these guys is misleading
Oh no, stuff might cost more. Might as well let a violent communist dictatorship have a monopoly on basic necessities like antibiotics because I’m afraid of paying a few cents more on other plastic garbage from China I don’t really need. They’ll definitely keep supplying us during a crisis and won’t cut off supply like they did during COVID.
“The conversation is who bares the cost…” The guy’s an idiot. He shut down the full logic in a narrow-minded way. Overseas buyers will be impacted by reduced sales because of tariffs. They will have to drop prices or the competitors pick up the buyers. Yes, the transition is painful to the end buyer, but it’s eventually a win. Do you want prices to come down? Make it a buyers market by squeezing them last.
Good lord, the us has given people with pea size mind the power to vote. god helps us.
It is truth but the point is tariffs is to make imported products more expensive so people consume local, instead of sushi people will choose burgers (this is an example)
Now, the next step is to explain to Leftists how this same principle applies to things like corporate taxes and minimum wage.
I accept the logic of the answer. But that doesn’t tell the full story. For instance, why does for example Canada care so much then about the tariffs and not want the US to impose tariffs. It’s because you make imported goods more expensive relative to US made goods. It’s still good for US companies selling a substitute of that imported product. Also, it incentivizes the foreign company to move manufacturing to the US – thus, moving jobs and investment back to the US.
I think we are being disingenuous in the conversation if we just think that Trump is just misunderstanding tariffs and doesn’t know what he is doing. He may not be articulating it perfectly, but he knows what he is doing. It still may be the case that it’s ultimately bad policy – but let’s have that discussion instead of ‘oh trump is stupid, he doesn’t know how tariffs work’.
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