Tariffs

Angusbeef

Angusbeef

Active member
Joined
Nov 3, 2021
Messages
86
Reaction score
113
I don't follow political news, I know a lot of you on here do, and everyone in the offroad community is pretty much on the same side. So ask I'll here instead of the cesspool of Facebook.
On the surface, it seems like the tariffs are only going to hurt the American people by raising prices. Is there a silver lining or positives in it?
 
My thoughts - it will make the country more prosperous long term, but in the short team - we are in for a Covid like uncertainty of prices.
I'm trying to put thoughts into how to invest too...Look at Goodyear Tire stock, had the largest gain today (American made product) - point being, what other American made things are worth investing in now...
 
This is a battle of patience. The world puts tariffs against the US for everything. They have for decades. If you follow the world economy, treaties, UN and other global agency actions, the world HATES the US and feel we have too much wealth. They fines, tariff, bill, etc...the US for everything and they feel justified to do it.

The issue is, the US is now in debt over it to the sum of $36 trillion and growing. It needs to stop. Trump is over it and wants to break the cycle of this against the US. A tariff "war" is a game played to get other countries to reduce or eliminate their tariffs against the US. This will result in other countries buying more US goods...increasing revenue, GDP, etc...here in the US. It is also a play to get US companies to manufacture more here in the US to make the US more independent and create more jobs here in the US.

Will tariffs hurt the US...yes. In the short run. The world cannot come close to the US's GDP and ability to wait this out. Listening to Canada "thinking" they can hold their own in a trade war with the US is laughable. Most states in the US have a higher GDP than Canada as a whole. When was the last time you saw..."Made in Canada" on anything?

Pulling out of other organization like the WHO, World Economic associations, hopefully the UN and NATO, relieve the US of these financial burdens. The US pays billions into these and honestly, gets nothing back.

The other BIG issue on tariffs...Trump is wanting to use these in place of personal income taxes. If you can get rid of personal income taxes...I know for me that would be HUGE!!! I guarantee I would come out ahead as I don't buy that much but I pay through the nose on taxes. The offset would definitely be in my favor.

I could write all day on this. But hopefully this explains it.
 
Mac said:
This is a battle of patience. The world puts tariffs against the US for everything. They have for decades. If you follow the world economy, treaties, UN and other global agency actions, the world HATES the US and feel we have too much wealth. They fines, tariff, bill, etc...the US for everything and they feel justified to do it.

The issue is, the US is now in debt over it to the sum of $36 trillion and growing. It needs to stop. Trump is over it and wants to break the cycle of this against the US. A tariff "war" is a game played to get other countries to reduce or eliminate their tariffs against the US. This will result in other countries buying more US goods...increasing revenue, GDP, etc...here in the US. It is also a play to get US companies to manufacture more here in the US to make the US more independent and create more jobs here in the US.

Will tariffs hurt the US...yes. In the short run. The world cannot come close to the US's GDP and ability to wait this out. Listening to Canada "thinking" they can hold their own in a trade war with the US is laughable. Most states in the US have a higher GDP than Canada as a whole. When was the last time you saw..."Made in Canada" on anything?

Pulling out of other organization like the WHO, World Economic associations, hopefully the UN and NATO, relieve the US of these financial burdens. The US pays billions into these and honestly, gets nothing back.

The other BIG issue on tariffs...Trump is wanting to use these in place of personal income taxes. If you can get rid of personal income taxes...I know for me that would be HUGE!!! I guarantee I would come out ahead as I don't buy that much but I pay through the nose on taxes. The offset would definitely be in my favor.

I could write all day on this. But hopefully this explains it.
Click to expand...
I agree with this almost in it's entirety. I do think that a lot of the countries that attach some kind of charge on US products are going to back off quickly. The EU and Canada are not doing well financially due to their very expensive entitlements (socialist programs) and can't afford a trade war, and I think will be quick to negotiate a reasonable settlement. So I think the pain, if any, will be short term.

China may be a wild card that might fight back more than most other countries, but China's economy isn't exactly on fire right now and can they participate in a trade war with the US and maintain their expansionist policies?

You will also notice that those opposed to these tariffs never use the term "reciprocal". That means that they are charging some fee for US goods imported and we finally have a guy in the oval with the balls to charge them in kind and level the playing field.
 
Angusbeef said:
I don't follow political news, I know a lot of you on here do, and everyone in the offroad community is pretty much on the same side. So ask I'll here instead of the cesspool of Facebook.
On the surface, it seems like the tariffs are only going to hurt the American people by raising prices. Is there a silver lining or positives in it?
Click to expand...

We have been getting screwed for years. Eu charges around 39% taiwan is like 60 vietnam around 90! We charge like 2.5%

This is screwing american small business. Its why joe blow has a hard time building a us manufacturing company and getting worldwide customers. It doesnt happen. It screws me in my business when jegs
And summit are selling 600$ stainless headers built by slave labor and taxed at 2.5% when i cant even buy the metal for the price they sell complete units for.
The reason the left and corporations are freaking out is they are all private equity funded and owned, and they are going to lose their asses

The american middle class and small business owner has been a slave to the world economy since ww2 we fund the rest of the world and all they do is bitch about the way we do it.time to Cut em loose

Screw em all. Equal tax or no tax
 
Last edited:
It's all about a level field, Trump and Doge are F'ing them on their kickbacks and now he want's EQUAL trade.....the gravy train is over for a lot of people. Did you see the 400k a MONTH tech contract that now takes an in house guy 10hrs a month to do......
 
Mac said:
This is a battle of patience. The world puts tariffs against the US for everything. They have for decades. If you follow the world economy, treaties, UN and other global agency actions, the world HATES the US and feel we have too much wealth. They fines, tariff, bill, etc...the US for everything and they feel justified to do it.

The issue is, the US is now in debt over it to the sum of $36 trillion and growing. It needs to stop. Trump is over it and wants to break the cycle of this against the US. A tariff "war" is a game played to get other countries to reduce or eliminate their tariffs against the US. This will result in other countries buying more US goods...increasing revenue, GDP, etc...here in the US. It is also a play to get US companies to manufacture more here in the US to make the US more independent and create more jobs here in the US.

Will tariffs hurt the US...yes. In the short run. The world cannot come close to the US's GDP and ability to wait this out. Listening to Canada "thinking" they can hold their own in a trade war with the US is laughable. Most states in the US have a higher GDP than Canada as a whole. When was the last time you saw..."Made in Canada" on anything?

Pulling out of other organization like the WHO, World Economic associations, hopefully the UN and NATO, relieve the US of these financial burdens. The US pays billions into these and honestly, gets nothing back.

The other BIG issue on tariffs...Trump is wanting to use these in place of personal income taxes. If you can get rid of personal income taxes...I know for me that would be HUGE!!! I guarantee I would come out ahead as I don't buy that much but I pay through the nose on taxes. The offset would definitely be in my favor.

I could write all day on this. But hopefully this explains it.
Click to expand...

I have questions.

Most U.S. companies moved to, and operate in foreign countries (instead of the U.S.) for cheaper labor and to avoid taxes. How are tariffs going to convince them to return?

The U.S. deficit is tied to taxes and spending. What does the U.S. export that the rest of the world is lacking? Meaning, what U.S. goods are other countries not buying now because of foreign tariffs?

Appreciate your clarification. Thanks.
 
AZCG said:
I have questions.

Most U.S. companies moved to, and operate in foreign countries (instead of the U.S.) for cheaper labor and to avoid taxes. How are tariffs going to convince them to return?

The U.S. deficit is tied to taxes and spending. What does the U.S. export that the rest of the world is lacking? Meaning, what U.S. goods are other countries not buying now because of foreign tariffs?

Appreciate your clarification. Thanks.
Click to expand...
First, by theory, paying a tariff to import your product cuts into your profit, but make your product here and you pay no tariff. You would immediately increase your margin by building your widgets here.

The deficit is solely a spending issue. The US exports a ton of products such as energy, farm products, automobiles, etc. We could export a lot more of those items and more finished product such as steel and aluminum if those products weren't heavily tariffed and subsidized by foreign countries to protect their industries.

One thing that concerns me is how many essential products that we need are mostly produced by other countries. COVID exposed our reliance on foreign countries for essentials such as pharmaceuticals. We need to onshore those products before we find ourselves in a bind and give possible hostile countries (China) leverage over us.
 
AZCG said:
I have questions.

Most U.S. companies moved to, and operate in foreign countries (instead of the U.S.) for cheaper labor and to avoid taxes. How are tariffs going to convince them to return?

The U.S. deficit is tied to taxes and spending. What does the U.S. export that the rest of the world is lacking? Meaning, what U.S. goods are other countries not buying now because of foreign tariffs?

Appreciate your clarification. Thanks.
Click to expand...
Because it will now at least bring the price of a chinese made product closer to the cost of a us product. When china hits a us manufacturer with 67% tariff to import a product it makes an american product in china a luxury. When we only charge 2.5% to import a cheap chinese pos. It makes your chinese made milwaukee replacement battery 40$ vs the 100$ for the domestic battery.

Its not hard to comprehend.
Would you pay an extra 67% or 2.5% for the same item? Of course you go with the lower price. What no economist is grasping is how much this will kick start small business opportunities in america
 
You can't undo decades of stupidity without feeling some pain. After Tricky Dick and Hank Kissmyassinger played ping pong with the Chi-Coms, it has been downhill ever since. Next up was the whole, "We don't need those dirty, outdated manufacturing jobs" facking lie. Then, like any good drug dealer, they got people hooked on cheap shit made with slave labor, and people merrily shopped themselves out of a job. Ross Perot correctly predicted the "giant sucking sound" of jobs leaving the USA. BOTH parties, AKA The Uniparty globalist assholes, participated in this de-coupling of the US economy from reality. If jobs had stayed here, sure prices would have gone up, but so would wages/standard of living.

We have been the world's patsy for far, far too long.
 
Strategic tariffs work. Throwing the spaghetti against the wall style tariffs probably won't work out as well.

We do not have the manufacturing set up, the man power, and the raw materials stock piled. It will take years to get that going with all the regulations and cost involved. Think of all the employers out there that currently have a difficult time finding people to work and now we are expecting that to change for some manufacturing job that pays the same as working at Walmart.


Hitting Canada and Mexico when he is the one that made the deal in the first place just makes him look like he does not know "The Art of the Deal".
 
These recent Tariffs are a huge hit to my industry. We use overseas manufacturing for all of our products as there is no one in the US willing to or has the know how to do it here. What people don't realize is the massive amounts of products that are made/built overseas and how hard this is going to rock the US. I am looking at this from a strategic business point of view and its going to hurt almost everyone. I know people will say "They should make it here or we need the jobs here and why dont they move the manufacturing to here. The problem is that that can take 10+ years and in the mean time will take money out of so many peoples pockets in terms of cost of goods but also margin profiles of products that people sell, including myself. I was ok with the 27% as I understood his move, but now the jump to 61.5% is just absurd.

I am all for US based manufacturing and I know it can be done in time, but to try to instantly impose these massive tariffs will hurt so many people and especially people that voted for him. Almost everything we buy will be going up substantially but where are the wages to pay extra for all these good?
 
Mac said:
This is a battle of patience. The world puts tariffs against the US for everything. They have for decades. If you follow the world economy, treaties, UN and other global agency actions, the world HATES the US and feel we have too much wealth. They fines, tariff, bill, etc...the US for everything and they feel justified to do it.

The issue is, the US is now in debt over it to the sum of $36 trillion and growing. It needs to stop. Trump is over it and wants to break the cycle of this against the US. A tariff "war" is a game played to get other countries to reduce or eliminate their tariffs against the US. This will result in other countries buying more US goods...increasing revenue, GDP, etc...here in the US. It is also a play to get US companies to manufacture more here in the US to make the US more independent and create more jobs here in the US.

Will tariffs hurt the US...yes. In the short run. The world cannot come close to the US's GDP and ability to wait this out. Listening to Canada "thinking" they can hold their own in a trade war with the US is laughable. Most states in the US have a higher GDP than Canada as a whole. When was the last time you saw..."Made in Canada" on anything?

Pulling out of other organization like the WHO, World Economic associations, hopefully the UN and NATO, relieve the US of these financial burdens. The US pays billions into these and honestly, gets nothing back.

The other BIG issue on tariffs...Trump is wanting to use these in place of personal income taxes. If you can get rid of personal income taxes...I know for me that would be HUGE!!! I guarantee I would come out ahead as I don't buy that much but I pay through the nose on taxes. The offset would definitely be in my favor.

I could write all day on this. But hopefully this explains it.
Click to expand...
my buddy worked for a company that did industrial moving, large equipment etc. and the amount of businesses that he moved to mexico in the past prob 10-12 years was unreal. Tulsa okla lost tons of businesses along the line.
 
Make American manufacturing strong again.

Capitalism doesn't work if you import the 3rd world...

American manufacturers of all industries are competing against slave labor...

Automation will help
 
AZCG said:
I have questions.

Most U.S. companies moved to, and operate in foreign countries (instead of the U.S.) for cheaper labor and to avoid taxes. How are tariffs going to convince them to return?

The U.S. deficit is tied to taxes and spending. What does the U.S. export that the rest of the world is lacking? Meaning, what U.S. goods are other countries not buying now because of foreign tariffs?

Appreciate your clarification. Thanks.
Click to expand...
The US will tax them (through tariffs) to bring their products into the US. NOW...if they return manufacturing BACK to the US and hire here in the US, they get rid of those tariffs. It balances out but you have to make it painful enough for them to want to bring their manufacturing back here. Sometimes, the math makes sense to pay the tariffs. It's a whole finance/revenue problem for them to solve. Part of that is the cost of labor here in the US. If they keep raising the minimum wage and laws to force employers to pay for benefits, then paying tariffs make sense. It's all knowing how to build your business model in a way that makes you money.
 
Trump is just trying to make us competitive again....Tariffs were to control "dumping" of products, which is designed to force competition out of business, then you raise prices... Look what home depot and walmart did in the small towns.... took the mom and pops out, then raised prices....same thing other countries are doing to us.... wanna play shitty economic games... ok we'll make it not worth your while....the problem is 90% of Americans don't understand this and will fold during the next election and all this is for nothing... I hate stupid people.
 
Sand Shark said:
Strategic tariffs work. Throwing the spaghetti against the wall style tariffs probably won't work out as well.

We do not have the manufacturing set up, the man power, and the raw materials stock piled. It will take years to get that going with all the regulations and cost involved. Think of all the employers out there that currently have a difficult time finding people to work and now we are expecting that to change for some manufacturing job that pays the same as working at Walmart.


Hitting Canada and Mexico when he is the one that made the deal in the first place just makes him look like he does not know "The Art of the Deal".
Click to expand...
So, Mexico isn't being hit as hard with tariffs and they aren't fighting back with reciprocal tariffs. Why? Because Mexico fell in line to help secure the border and is FINALLY fighting back against the cartel. So...you act as a good global partner, you get rewards.

Trump's big push against Canada was help secure your border...they said "No"....so, tariffs it is. Snowmexicans are gonna learn.
 
Realbadlarry said:
Trump is just trying to make us competitive again....Tariffs were to control "dumping" of products, which is designed to force competition out of business, then you raise prices... Look what home depot and walmart did in the small towns.... took the mom and pops out, then raised prices....same thing other countries are doing to us.... wanna play shitty economic games... ok we'll make it not worth your while....the problem is 90% of Americans don't understand this and will fold during the next election and all this is for nothing... I hate stupid people.
Click to expand...
For this reason...this is why I do not support voting as a "right". You should have to take a test to earn your right to vote in each election. Americans are just too fucking stupid to know how to vote properly.
 
You must log in or register to reply here.
Back
Top