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Will tariffs make America great?

Orphia Nay said:
I looked it up.

Apparently it was just a 10-hour glitch.

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And look at how much tariffs they have collected!
The CPB said in a statement to CNBC that since April 5, it has collected over $500 million under the new tariffs, and $21 billion in total tariff revenue under new trade actions implemented since Jan 20, 2025.
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US importers have had to pay half a billion dollars more to import their products in the last fortnight. I am sure they will be pleased about this.

Of course, 0.5 billion is barely a drop in the bucket of trillions of dollars of US debt.
 
well right now the tariff policy has the market dropping and bond yields rising. which means investors are pulling out of both. if that continues, who’s going to be buying the next debt ceiling?

better hope they don’t fire powell
 
dirtywick said:
well right now the tariff policy has the market dropping and bond yields rising. which means investors are pulling out of both. if that continues, who’s going to be buying the next debt ceiling?

better hope they don’t fire powell
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Oh, they will. Such perverseness is not just typical but now predictable.
 
Am I missing something? Are not the billions of dollars collected in the "new tariffs" ultimately taken from the poor old American Consumer? :hit:

I'm sure they'll be happy to get there own money back in some form somehow. :derolleyes:
 
Gord_in_Toronto said:
Am I missing something? Are not the billions of dollars collected in the "new tariffs" ultimately taken from the poor old American Consumer? :hit:

I'm sure they'll be happy to get there own money back in some form somehow. :derolleyes:
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No no! China pays all the tariffs! Billion and billions! Americans are getting SOOO rich! All their debt is being blown away!

:sarcasm:
 
Gord_in_Toronto said:
Am I missing something? Are not the billions of dollars collected in the "new tariffs" ultimately taken from the poor old American Consumer? :hit:

I'm sure they'll be happy to get there own money back in some form somehow. :derolleyes:
Click to expand...
Yeah but it's a virtuous circle where the tariff something something and the value of the dollar rises so the imports end up costing the same. Well they would have cost the same if you bought them after. Except that only happens if you buy them at tariff prices. Don't think too hard about that.

Also the value of the dollar has to fall to make US exports viable to bring back manufacturing. It all works when the dollar both rises and falls simultaneously and the Dear Leader will make it so.
 
Greater Than Games, publisher of Sentinels of the Multiverse, Spirit Island, and other board and card games, has been shut down by their parent company, with all but two or three employees let go. The latest crowdfunded expansion for Sentinels is apparently sitting on palettes in China, but they don't have enough money to bring it to the US because of the tariffs.
 
William Parcher said:
Does anyone know what the Dow closed at today? My source seems to be stuck on yesterday.
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I'm sure it's the best, biggest ever! People go up to me, with tears in their eyes, and they say "Sir, thank you!" and that's like a bag with things in it, an old-fashioned word, but I'm bringing it back.
 
Armitage72 said:
Greater Than Games, publisher of Sentinels of the Multiverse, Spirit Island, and other board and card games, has been shut down by their parent company, with all but two or three employees let go. The latest crowdfunded expansion for Sentinels is apparently sitting on palettes in China, but they don't have enough money to bring it to the US because of the tariffs.
Click to expand...



Also sending shock waves through the wargaming world, since almost all Wargames companies do their printing in China since the CHinese printers have capabalties US printers do not.The statement belows goes into detail on why printing in the US is not a viable option.
GMT, probably the biggest wargame publishers in the US, made this statement on the impact tariffs are going to have on thier business;https://mailchi.mp/2438d2843c59/apr...-production-outlook-designer-updates-and-more

Bottom line: expect to pay more for GMT games.

And I love the statement "What's being modeled for all of us at higher levels right now is "Care about yourself. Get your advantage. Don't worry about others. Demonize your opponents." It is the most compact statement of the Trumpist philosophy I have seen.
I did order a game from them I have sort of been on the fence about just to support the company.
 
Jack by the hedge said:
Yeah but it's a virtuous circle where the tariff something something and the value of the dollar rises so the imports end up costing the same. Well they would have cost the same if you bought them after. Except that only happens if you buy them at tariff prices. Don't think too hard about that.

Also the value of the dollar has to fall to make US exports viable to bring back manufacturing. It all works when the dollar both rises and falls simultaneously and the Dear Leader will make it so.
Click to expand...
It's complicated?

www.factcheck.org

Trump Expands on Dubious Daily Tariff Revenue Claim - FactCheck.org

President Donald Trump has added to his unsupported claim that the U.S. is making “$2 billion a day” from tariffs by saying that the country was losing $2 billion or $3 billion "a day” under President Joe Biden. Economists told us that Trump appears to be wrongly comparing a very high – and...
www.factcheck.org www.factcheck.org
 
I guess in a way Trump Tariffs are a boon for combating climate change (provided he actually implements them). By making everything more expensive for US consumers the US will be forced to consume less.
Of course this is offset by the GOP's "burn the world down out of spite" policy. Seriously, even the villains of Captain Planet were not as obvious. And those were 80's villains..
 
Norman Alexander said:
They will ◊◊◊◊ it up even worse than it has been already.
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Scrambling to put a plan B together in a panic? How could that go wrong?

Trump was bragging about how China made exactly the wrong move when they didn't just lie down and take it, like they fell into his trap. Then China didn't back down. Then he chickened out of taxing electronics imports which would have made iPhones $2,000 in US shops. Then China didn't back down. Then, well you get the idea.

It doesn't matter how often he tells China the ball's in their court. They recognise he is not playing 4D chess.
 
Jack by the hedge said:
Scrambling to put a plan B together in a panic? How could that go wrong?

Trump was bragging about how China made exactly the wrong move when they didn't just lie down and take it, like they fell into his trap. Then China didn't back down. Then he chickened out of taxing electronics imports which would have made iPhones $2,000 in US shops. Then China didn't back down. Then, well you get the idea.

It doesn't matter how often he tells China the ball's in their court.
They recognise he is not playing 4D chess.
Click to expand...
Hardly surprising - with the new tariffs each piece now costs $24,000
 
Jack by the hedge said:
Scrambling to put a plan B together in a panic? How could that go wrong?

Trump was bragging about how China made exactly the wrong move when they didn't just lie down and take it, like they fell into his trap. Then China didn't back down. Then he chickened out of taxing electronics imports which would have made iPhones $2,000 in US shops. Then China didn't back down. Then, well you get the idea.

It doesn't matter how often he tells China the ball's in their court. They recognise he is not playing 4D chess.
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Indeed. The Art of the Dill.
 
What was Trump about? What was MAGA about? Someone was ripping them off. Their world is a zero-sum world. If someone gets something, it is away from me.

Trump himself now sees the US as something he more of less owns, since he can profit from it. In this sense his strage economic ideas com into play. ALL the other countries are ripping him, as CEO, off. Trade cannot be something both countries would gain something from.
 
The truly scary part is, this is all reminiscent of trump's business career. Disaster after disaster. Everything eventually fell apart. trump NEVER listened to -- much less followed -- the advice of people with proven track records of success.

A nightmare from which we can't wake up.
 
China lets the mask slip and sacrifices sympathy for a bit of strongarming of its own:

"Appeasement cannot bring peace, and compromise cannot earn one respect"

"China firmly opposes any party reaching a deal at the expense of China's interests. If this happens, China will never accept it and will resolutely take countermeasures".

I don't know if they thought other countries would copy their example of immediate counter-tariffs, but it looks like they're not satisfied with just playing the victim and accepting bland sympathy. They want countries to take sides, and say it better not be the other side.

www.bbc.co.uk

Trump tariffs: China warns nations against 'appeasing' US in trade deals

Beijing was responding to reports that the US will pressure other nations to restrict trade with China.
www.bbc.co.uk www.bbc.co.uk
 
The Great Zaganza said:
What mask?
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Well, yes, fair point. But up till now they've concentrated on their attentions on the US and countering Trump's tariffs. China was not the bad guy here. Emphasis on here. Threatening other nations not to do deals with the US that would harm China's position is the new bit.
 
China is China - even when they were Communist they didn't hide the fact that what they wanted was to be the primary superpower, not the seed of a global worker uprising.

There is nothing that China has said or done that's more World Dominating than what the US has been saying for a century
 
it’s a natural consequence of the us trying to box them out of the world economy
 
China's whole history has included involvement in global changes due to trade. For thousands of years. Why did the Silk Road exist! The Maoist communist era was just a short aberration from this. So the current huge fracas with the USA is actually BAU for China.
 
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