The Conservative Cave
Current Events => The DUmpster => Topic started by: CC27 on April 02, 2025, 10:50:54 AM
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Joe Cool (1,059 posts)
My TSF tariff-tax prediction
TSF will "delay" the implementation of his tariff-taxes and will give some nonsensical reason for the delay. The MAGAts will eat up the reason saying it's the greatest thing they ever heard in their lifetime.
https://www.democraticunderground.com/100220199154
Yawn
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What has been and will continue to happen, plus-or-minus China, is countries will give Trump what he wants - the removal of previously existing tariffs on US goods, and the tariffs Trump threatened won't be imposed.
As to China, companies who paid attention to China's industrial espionage and other shenanigans started moving production out of China and to other countries years ago (e.g. Apple shifting production of many products to India). So the Chinese sky-is-falling event will be much less that Progs predict, and China may actually give in to Trump, at least somewhat.
Added clarifications
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Since this is a DUmbass DUche's financial prediction, it will be the opposite of reality. If Cramer or Krugman is in concurrence then it will not happen times ten. If both do, times a hundred.
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Canada already caved
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If there's one thing DU knows how to do, it's how to bet on the wrong horse.
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What has been and will continue to happen, plus-or-minus China, is countries will give Trump what he wants - the removal of previously existing tariffs on US goods, and the tariffs Trump threatened won't be imposed.
As to China, companies who paid attention to China's industrial espionage and other shenanigans started moving production out of China and to other countries years ago (e.g. Apple shifting production of many products to India). So the Chinese sky-is-falling event will be much less that Progs predict, and China may actually give in to Trump, at least somewhat.
Added clarifications
This is what cracks me up about it. Tariffs aren't a Trump scheme to make America rich by reeling in that money. They are a behavior motivator. Trump doesn't even want tariffs. He wants trade to be equal and fair and for us to stop getting ripped off. He'd also like to motivate more companies to make stuff here rather than importing it from slave nations like China. I'm guessing the DUmmies that a slightly smarter than the rest already know all of this, but DUmmies are also dishonest partisan liars... so even those won't tell the truth how it is.
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Doormatians no more!
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Canada already caved
Canada and Mexico get a pass on goods already covered by USMCA.
Steel, aluminum and autos are covered by USMCA so those get tariffed outside of USMCA terms.
Israel on Monday got rid of all tariffs on US goods.