Will tariffs make America great?

Olmstead said:
Tourism tariffs could be fun.
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Will be. Have you heard of the $250 Visa Integrity Fee that is being proposed?
Olmstead said:
I have no idea how they would work, but I'm sure the geniuses in Washington can figure something out.
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They haven’t quite worked out how to enforce the above VIF yet.
Olmstead said:
Maybe they can put tariffs on outgoing flights.
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Already exists, it’s called a Departure Tax.

(You’ll never get a gubmint job, you’re way to slow with your maliciousness.)
 
EHocking said:
Will be. Have you heard of the $250 Visa Integrity Fee that is being proposed?
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The rest of the world sure has.
EHocking said:
They haven’t quite worked out how to enforce the above VIF yet.
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Simples. Harass arriving tourists at Customs points. Have anonymous masked ICEstapo agents stick guns in their faces until they pay. At least...that was Miller's dream.
EHocking said:
Already exists, it’s called a Departure Tax.

(You’ll never get a gubmint job, you’re way to slow with your maliciousness.)
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You can't get a gubmint job without paying the Trump job-finder fee.
 
US tourism is in deep trouble.

You know how a cold war era movie might picture visiting some Soviet bloc country and facing the KGB and armed guards at passport control? Not necessarily the reality, but the extra-sinister way Hollywood might portray it. Well that's how the rest of the world currently imagines travel to the US.
 
Jack by the hedge said:
US tourism is in deep trouble.

You know how a cold war era movie might picture visiting some Soviet bloc country and facing the KGB and armed guards at passport control? Not necessarily the reality, but the extra-sinister way Hollywood might portray it. Well that's how the rest of the world currently imagines travel to the US.
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I was thinking about this the other day. Last month I had a long weekend in Prague. When I was growing up, Czechoslovakia was behind the Iron Curtain and its intelligence services had a fearsome reputation. Now Czechia is within Schengen and so I wandered off the plane with my bag over my shoulder, strolled through the airport and got a bus into town. By way of contrast, I've been to the US a dozen times over the years but I will not be going again with the current administration in place. Not that they'd let me in if they read a lot of what I've posted online, of course.
 
Jack by the hedge said:
US tourism is in deep trouble.

You know how a cold war era movie might picture visiting some Soviet bloc country and facing the KGB and armed guards at passport control? Not necessarily the reality, but the extra-sinister way Hollywood might portray it. Well that's how the rest of the world currently imagines travel to the US.
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It's more like a spy movie. All is going fine in the passport queues, with lots of "Have a nice day!" Then suddenly the leather-coated ICEstapo looms up and insists at the point of a gun that you accompany them to a little side room to answer some creepy questions. You world then gets infinitely worse from there.
 
www.investopedia.com

Can Tariffs Bring American Factories Back To Life?

President Donald Trump's campaign of imposing tariffs on trading partners is unlikely to bring back the kind of manufacturing jobs that were once the backbone of the blue-collar middle class, economists say.
www.investopedia.com www.investopedia.com
The typical U.S. manufacturing worker earns just over $70,000 a year, while their counterpart in China makes just over $13,000, and an Indian manufacturing worker only makes around $2,300, according to an analysis by Apollo.
That means that for many products, it could still be cheaper to make them overseas and pay a tariff than to relocate a factory to the U.S. and pay higher wages.
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Tero said:
www.investopedia.com

Can Tariffs Bring American Factories Back To Life?

President Donald Trump's campaign of imposing tariffs on trading partners is unlikely to bring back the kind of manufacturing jobs that were once the backbone of the blue-collar middle class, economists say.
www.investopedia.com www.investopedia.com
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The solution (from the oligarch's POV) is simple: drastically reduce the salaries of American workers.
 
It seems Trump isn't the only one who doesn't understand what tariffs are; yesterday I head a BBC newsreader announce that the EU would be paying a 15% tariff on exports to the USA.
 
Mojo said:
It seems Trump isn't the only one who doesn't understand what tariffs are; yesterday I head a BBC newsreader announce that the EU would be paying a 15% tariff on exports to the USA.
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I do wonder if there's a degree of 'In the interests of the country, you also have to humour the moron'.
 
Mojo said:
It seems Trump isn't the only one who doesn't understand what tariffs are; yesterday I head a BBC newsreader announce that the EU would be paying a 15% tariff on exports to the USA.
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Yeah, to me that deal reads US customers get to pay 15% more on things not produced in the US, the EU promises no tariffs on things most Europeans won't buy, like US cars or 'food' and the EU will nicely ask if giant energy corporations will please buy more US oil and gas. Greatness achieved
 
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This street light, located in a small Normandy village in northern France, is a significant part of Trump's deal with the EU. It has been designated as the only thing in the EU being powered by US energy as part of the deal. And as you can see, it is not lit. Thanks, Donny!
 
Norman Alexander said:
View attachment 62687
This street light, located in a small Normandy village in northern France, is a significant part of Trump's deal with the EU. It has been designated as the only thing in the EU being powered by US energy as part of the deal. And as you can see, it is not lit. Thanks, Donny!
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That’s cos it’s daytime and trump/MAGA doesn’t believe in solar power (solar doesn’t work at night either, remember)
 
Pixel42 said:
www.bbc.co.uk

Trump's global tariffs 'victory' may come at a high price

The US president considers it a win - but if this all triggers a foundational realignment, the results may not break in his favour
www.bbc.co.uk www.bbc.co.uk
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Still running with the story that other countries pay the tariffs to the USA. We all know tariffs are import taxes for the USA only, so the US consumer picks up the tab, not Johnny Foreigner. Makes me wonder if the BBC had a specific audience they wanted to convince about this.

The discussion about trade terms was light on but interesting. What they did not say was that the Trump deals are either unenforceable, or largely irrelevant. As above, how much energy is the EU going to import from the USA really, compared to cheaper, closer, more reliable alternate sources of power.

But they are right that trade realignment will happen, around and excluding the USA as an unreliable partner. That is already happening. Donny is isolating the USA. And that's what nutbags like Vought and Miller really want, even if it means a few million US paupers being created.
 
Norman Alexander said:
Still running with the story that other countries pay the tariffs to the USA.
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Not seeing that. They don't spell it out in words of one syllable but e.g.

"They are obviously raising prices in the US and squeezing household incomes," he says, adding that the policies would also reduce demand around the world if the world's largest economy ends up importing fewer goods.
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American shoppers remain in the front line, and have yet to see higher prices passed on in full. But as consumer goods giants such as Unilever and Adidas start to put numbers on the cost increases involved, some sticker shock, price rises, loom – potentially enough to delay Trump's desired rate cut – and possibly a dent to consumer spending.
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make it clear who is going to foot the bill.
 
Pixel42 said:
Not seeing that. They don't spell it out in words of one syllable but e.g.
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Remember, this is the BBC talking to Britons. One example:
It's not just about the size of tariff, but the scale of trading relationship with the US. So while India potentially faces tariffs of over 25% on its exports to the US, economists at Capital Economics reckon that, with US demand accounting for just 2% of that nation's gross domestic product, the immediate impact on growth could be minor.
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Incorrect. It is a 25% US import tax on goods FROM India, paid by Americans. India faces no (additional) payments at all w.r.t. its exports to the USA.

It's just lazy or biased reporting to express it like this. And they are blindly repeating Trumpish propaganda. If tariffs were expressed as import taxation more regularly, it might make people sit up and take more notice.
 
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