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.Palmer Luckey explains why he supports specific tariffs after decades without them have destroyed America and Europe's manufacturing industry: "It's not just the U.S. that China has hollowed out. It's everybody. It's the entire West. Tariffs are great because they ensure there is a market for manufacturing. And a...

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KanekoaTheGreat

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457,898 Aufrufe • vor 2 Jahren •via X (Twitter)

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Profilbild von RedWave Press
RedWave Pressvor 2 Jahren

@PalmerLuckey Trump would make tariffs great again.

Profilbild von Promoting Based Society 🛡️⛪️
Promoting Based Society 🛡️⛪️vor 2 Jahren

@PalmerLuckey Strategic tariffs to protect critical infrastructure and capabilities makes a lot of sense. Personally I wouldn’t mind wider tariffs replacing the personal income tax instead.

Profilbild von Dr. Insensitive Jerk
Dr. Insensitive Jerkvor 2 Jahren

What if the problem is not that we lack tariffs. What if the problem is not that we lack anything. What if the problem is something we have, that they don't.

Profilbild von Buddy
Buddyvor 2 Jahren

@PalmerLuckey Tariffs replace taxes. They want more taxes to send overseas so they can get kickbacks. Hard to get bribes from tariffs

Profilbild von Matt Drew
Matt Drewvor 2 Jahren

@PalmerLuckey What destroyed American car manufacturing and other industries was not the competition, but our own extensive government regulation made it impossible to compete on cost. Slavery is NOT efficient - American workers are far more productive when they are allowed to be.

Profilbild von Art Candee 🍿🥤
Art Candee 🍿🥤vor 2 Jahren

@PalmerLuckey You people don't even know how tariffs work. It's sad.

Profilbild von GettingTrumpNow.com
GettingTrumpNow.comvor 2 Jahren

@PalmerLuckey Reagan put tariffs on Japanese cars in the 80's because they were dumping them at a loss to hurt the domestic market. It helped saving the Big Three from going under.

Profilbild von Gabriel Delgado
Gabriel Delgadovor 2 Jahren

@PalmerLuckey If you're going to have tariffs, careful with overregulation and cryonyism; You'll make everything overly expensive and create an incentive to offshore again

Profilbild von Jawwwn
Jawwwnvor 2 Jahren

@PalmerLuckey More important idea from this interview:

Profilbild von Libertarian Thinker
Libertarian Thinkervor 2 Jahren

@PalmerLuckey Why would corporations support tariffs?

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Chrystia Freeland says putting permanent tariffs on Canadian steel and aluminum will hurt the US, especially car manufacturers in Detroit "Something that I think is really important to point out here is, you know, I, I think that is a bad outcome for Canada to have permanent tariffs on our steel, aluminum, cars and carport parts." "Aluminum tariffs, particularly self harming because aluminum is basically electricity in solid form. So the US is basically imposing a tax on electricity." (Bloomberg Television's Wall Street Week ) Chrystia Freeland Bloomberg TV

cbcwatcher

22,289 Aufrufe • vor 18 Tagen

Chrystia Freeland: I think that is a bad outcome for Canada to have permanent tariffs on our steel, aluminum, cars, and car parts. But I think it's a bad outcome for the US as well. It's really important for people to recognize that you can lose by winning if you've defined winning in a way which is self-mutilating. I would say Brexit is a great historic example of losing by winning.
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Chrystia Freeland: I think that is a bad outcome for Canada to have permanent tariffs on our steel, aluminum, cars, and car parts. But I think it's a bad outcome for the US as well. It's really important for people to recognize that you can lose by winning if you've defined winning in a way which is self-mutilating. I would say Brexit is a great historic example of losing by winning.

Scott Robertson

227,274 Aufrufe • vor 19 Tagen

WATCH: Trump just gave the Canadian Prime Minister a BRUTAL reality check in front of the world. "We don't really want cars from Canada, and we put tariffs on cars from Canada, and at a certain point, it won't make economic sense for Canada to build those cars. And we don't want steel from Canada because we're making our own steel, and we're having massive steel plants being built right now as we speak. We really don't want Canadian steel and we don't want Canadian aluminum and various other things because we want to be able to do it ourselves." "We have a tremendous deficit with Canada. In other words, they have a surplus with us, and there's no reason for us to be subsidizing Canada. Canada is a place that will have to be able to take care of itself economically."
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WATCH: Trump just gave the Canadian Prime Minister a BRUTAL reality check in front of the world. "We don't really want cars from Canada, and we put tariffs on cars from Canada, and at a certain point, it won't make economic sense for Canada to build those cars. And we don't want steel from Canada because we're making our own steel, and we're having massive steel plants being built right now as we speak. We really don't want Canadian steel and we don't want Canadian aluminum and various other things because we want to be able to do it ourselves." "We have a tremendous deficit with Canada. In other words, they have a surplus with us, and there's no reason for us to be subsidizing Canada. Canada is a place that will have to be able to take care of itself economically."

George

2,062,051 Aufrufe • vor 1 Jahr

🇨🇦 Canada announced retaliatory tariffs of up to 50% on about 700 American products Tuesday, set to take effect September 8, following the collapse of trade talks and new U.S. tariffs. The measures, covering roughly $20 billion in annual U.S. imports to match the value of Canadian exports hit by American tariffs, include a doubling of tariffs on U.S. steel and aluminum to 50%, and levies on appliances like dishwashers and stoves. Canada also announced it would maintain its 25% tariffs on American-made cars. Mélanie Joly, Canada’s industry minister, said that some of the items on the tariff list were chosen to target states that voted for Trump. Drop Site's Julian Andreone asked representatives on the Hill what they make of this trade war.
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Drop Site

19,920 Aufrufe • vor 6 Tagen

Reporter: It does raise some questions about the logic behind the tariffs in the first place. The fact that Trump is walking back those tariffs really undermines his own argument that it's only foreigners that pay the tariffs and that consumers are not going to be hurt. Now we have a situation where the White House is arguing that removing tariffs will lower prices on groceries. It's kind of hard to make sense of.
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Reporter: It does raise some questions about the logic behind the tariffs in the first place. The fact that Trump is walking back those tariffs really undermines his own argument that it's only foreigners that pay the tariffs and that consumers are not going to be hurt. Now we have a situation where the White House is arguing that removing tariffs will lower prices on groceries. It's kind of hard to make sense of.

FactPost

72,167 Aufrufe • vor 9 Monaten

Donald Trump, "I'm not happy with the European Union, and we're going to win that financial battle" "Absolutely put tariffs on European cars.. They have millions of cars coming in.. And they don't accept our cars.. We make great cars" "They don't have our farm products, we have the greatest farmers in the world" "Things are going to change.. This is not going to be a tough battle" "We'll be doing reciprocal tariffs, whatever they charge us we will charge them" "I don't know why people get upset about that because there's nothing more fair than that"
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Donald Trump, "I'm not happy with the European Union, and we're going to win that financial battle" "Absolutely put tariffs on European cars.. They have millions of cars coming in.. And they don't accept our cars.. We make great cars" "They don't have our farm products, we have the greatest farmers in the world" "Things are going to change.. This is not going to be a tough battle" "We'll be doing reciprocal tariffs, whatever they charge us we will charge them" "I don't know why people get upset about that because there's nothing more fair than that"

Farrukh

2,130,988 Aufrufe • vor 1 Jahr

NEW: CNBC host verbally stunned after billionaire Howard Lutnick explains how Trump's tariffs will be used as a negotiation tactic to make the U.S. a "bunch of money." Lutnick shot down the media narrative that tariffs would increase inflation. "It's a bargaining chip. We can't sell a Ford or GM in Europe. You go to Europe, you can't sell a Ford..." "They're gonna come and negotiate and their tariffs are gonna come down. And finally, Ford and General Motors are gonna be able to sell in these places. How's that sound?" "This is just negotiating strategically." "When you're running for office, you make broad statements so people understand you. Tariffs are an amazing tool for the president to use." "Use tariffs to build in America. If we want to make it in America, tariff it... we need to protect the American worker." "So which is it? Do we make a lot of money on tariffs or do we bring change behavior productivity here? And we drive up our workers here. So it's a win-win scenario." Becky Quick: "This is the best explanation I've heard."
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Collin Rugg

3,722,342 Aufrufe • vor 1 Jahr

This is the first stage. We are now in a situation where it's 10 and 10 plus 20 for fentanyl, so 30% tariffs in the US of China goods coming in, and they can get rid of 20% of it if they solve the fentanyl problem. That they will do with certainty. But we’re not finished there and neither are millions of small entrepreneurs in America that I represent. We need IP law to be finally put into place so that our products and services are protected in their markets the way we protect theirs and ours. So, reciprocal playing field is where we need to go. This is a great first step but it's only the beginning. I want to sell to the Chinese people. I have no problem with them. I have a big problem with their government. They don't abide by the rules. We've known that for a long time and no admin has dealt with China, even after they came into the World Trade Organization in 2000. They've breached every covenant of that agreement so it's important for us to set the tone in terms of how we're going to go forward with China.
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This is the first stage. We are now in a situation where it's 10 and 10 plus 20 for fentanyl, so 30% tariffs in the US of China goods coming in, and they can get rid of 20% of it if they solve the fentanyl problem. That they will do with certainty. But we’re not finished there and neither are millions of small entrepreneurs in America that I represent. We need IP law to be finally put into place so that our products and services are protected in their markets the way we protect theirs and ours. So, reciprocal playing field is where we need to go. This is a great first step but it's only the beginning. I want to sell to the Chinese people. I have no problem with them. I have a big problem with their government. They don't abide by the rules. We've known that for a long time and no admin has dealt with China, even after they came into the World Trade Organization in 2000. They've breached every covenant of that agreement so it's important for us to set the tone in terms of how we're going to go forward with China.

Kevin O'Leary aka Mr. Wonderful

50,207 Aufrufe • vor 1 Jahr

Barry Sternlicht recently gave a VERY insightful interview about tariffs and what it means for real estate prices - what he said is troubling: "The promotion of American manufacturing is a great idea, but we are not a manufacturing nation... We only have 13 million jobs of 160 million in manufacturing, and we're running a 4% unemployment rate. So I'm not sure who's going to work in all these factories. We're going to need some really quick efforts from Musk and Zuckerberg in robotics to actually build, have people work in these factories. Americans don't want to do that. That's not the jobs that they're interested in taking today... I think the tariffs are super complicated... I do think the focus should be on China. We run a $250 billion trade deficit with China... China is [the] second largest economy in the world with a fixed currency. And that alone is not right. That currency should go up and down with trade flows like every other major currency. So you start there. And I don't think the tariffs are tactical. And the if you put them in place, as [Trump] just did with steel tariffs, American companies will raise prices. So it is very inflationary. And for real estate, it's really bad. [For example] we need [Canada's] lumber. Or we can chop down our own trees but it's a bad thing. We run an equal trade deficit with Canada other than oil but we use their oil... if we don't buy it, they're going to ship it to Asia. For existing owners [of real estate], it's good because to build a new building will be more expensive. So the existing office stock, the existing apartment stock is going to be worth more. But it's bad because the numbers won't work to create new [buildings]. You won't be able to build anything. We already have a four to five million unit housing shortage... And you're seeing it in the sentiment of the builders that they're nervous. Everyone's a little nervous."
2:15

Barry Sternlicht recently gave a VERY insightful interview about tariffs and what it means for real estate prices - what he said is troubling: "The promotion of American manufacturing is a great idea, but we are not a manufacturing nation... We only have 13 million jobs of 160 million in manufacturing, and we're running a 4% unemployment rate. So I'm not sure who's going to work in all these factories. We're going to need some really quick efforts from Musk and Zuckerberg in robotics to actually build, have people work in these factories. Americans don't want to do that. That's not the jobs that they're interested in taking today... I think the tariffs are super complicated... I do think the focus should be on China. We run a $250 billion trade deficit with China... China is [the] second largest economy in the world with a fixed currency. And that alone is not right. That currency should go up and down with trade flows like every other major currency. So you start there. And I don't think the tariffs are tactical. And the if you put them in place, as [Trump] just did with steel tariffs, American companies will raise prices. So it is very inflationary. And for real estate, it's really bad. [For example] we need [Canada's] lumber. Or we can chop down our own trees but it's a bad thing. We run an equal trade deficit with Canada other than oil but we use their oil... if we don't buy it, they're going to ship it to Asia. For existing owners [of real estate], it's good because to build a new building will be more expensive. So the existing office stock, the existing apartment stock is going to be worth more. But it's bad because the numbers won't work to create new [buildings]. You won't be able to build anything. We already have a four to five million unit housing shortage... And you're seeing it in the sentiment of the builders that they're nervous. Everyone's a little nervous."

Triple Net Investor

177,868 Aufrufe • vor 1 Jahr

Trump claims tariffs will make America rich again, but that’s not how it works. Tariffs aren’t paid by other countries—they’re paid by Americans. It’s not a tax on countries like China; it’s a tax on the stuff we buy. Here’s how it works: when the government puts a tariff on something, it raises the price of that product. The idea is to make imported goods more expensive so people buy American-made products instead. Sounds good, right? The problem is, most things we use in the U.S. are made overseas, and it would take years—or even decades—to make them here. And in some cases, it might never happen because it costs too much to produce those goods locally. For example, if something costs $50 and a tariff adds $5, the new price is $55. That extra cost comes out of your pocket. This can cause inflation, making everything more expensive, and people either stop buying or have to spend more because there are no cheaper options. So, who gets the money from tariffs? The U.S. government collects it, but it’s not paid by China or any other country. It’s paid by you—the American consumer. The U.S. can’t tax other countries directly, so the burden falls on taxpayers here. Tariffs can work if the product being taxed is already made in the U.S. For example, if China floods the market with super-cheap goods that hurt local manufacturers, tariffs can make those imports more expensive, giving American businesses a chance to compete. But slapping tariffs on goods we don’t make here—or won’t make for years—just makes things more expensive for everyone. That’s why no president has wanted to be known as a "tariff president." They knew tariffs are really just taxes on Americans and can backfire politically. If tariffs drive up prices and hurt voters’ wallets, it could mean big trouble in the next election. Republicans might certainly lose in 2026.
1:57

Trump claims tariffs will make America rich again, but that’s not how it works. Tariffs aren’t paid by other countries—they’re paid by Americans. It’s not a tax on countries like China; it’s a tax on the stuff we buy. Here’s how it works: when the government puts a tariff on something, it raises the price of that product. The idea is to make imported goods more expensive so people buy American-made products instead. Sounds good, right? The problem is, most things we use in the U.S. are made overseas, and it would take years—or even decades—to make them here. And in some cases, it might never happen because it costs too much to produce those goods locally. For example, if something costs $50 and a tariff adds $5, the new price is $55. That extra cost comes out of your pocket. This can cause inflation, making everything more expensive, and people either stop buying or have to spend more because there are no cheaper options. So, who gets the money from tariffs? The U.S. government collects it, but it’s not paid by China or any other country. It’s paid by you—the American consumer. The U.S. can’t tax other countries directly, so the burden falls on taxpayers here. Tariffs can work if the product being taxed is already made in the U.S. For example, if China floods the market with super-cheap goods that hurt local manufacturers, tariffs can make those imports more expensive, giving American businesses a chance to compete. But slapping tariffs on goods we don’t make here—or won’t make for years—just makes things more expensive for everyone. That’s why no president has wanted to be known as a "tariff president." They knew tariffs are really just taxes on Americans and can backfire politically. If tariffs drive up prices and hurt voters’ wallets, it could mean big trouble in the next election. Republicans might certainly lose in 2026.

Simon Ateba

50,090 Aufrufe • vor 1 Jahr

European woman speaks on the Islamification of Europe She says Muslims now have the dominant culture, their ‘Halal Market’ is bigger than the Christmas Market and they are demanding Sharia Law be implemented “The Halal market now is bigger than actually the Christmas market. So we see that the people that have come into our continent have not assimilated over time. They have become actually the dominant culture, and now we have to adjust to them. So they want to make the EU compatible with Shariah law. And it's a problem because our government should be the ones protecting us, but instead they're selling us out. Unless we go on the streets and we march and we take back our sovereignty in a peaceful way. I really want to say that in a very peaceful way. It's a cliche and I don't want to repeat myself or any other people, but look, Shariah law is not compatible with Western values. We stand for freedoms, we stand for democracy. It's simply not compatible with the West.”
1:01

European woman speaks on the Islamification of Europe She says Muslims now have the dominant culture, their ‘Halal Market’ is bigger than the Christmas Market and they are demanding Sharia Law be implemented “The Halal market now is bigger than actually the Christmas market. So we see that the people that have come into our continent have not assimilated over time. They have become actually the dominant culture, and now we have to adjust to them. So they want to make the EU compatible with Shariah law. And it's a problem because our government should be the ones protecting us, but instead they're selling us out. Unless we go on the streets and we march and we take back our sovereignty in a peaceful way. I really want to say that in a very peaceful way. It's a cliche and I don't want to repeat myself or any other people, but look, Shariah law is not compatible with Western values. We stand for freedoms, we stand for democracy. It's simply not compatible with the West.”

Wall Street Apes

326,569 Aufrufe • vor 8 Monaten

You can't replace income tax with tariffs unless you're charging more than 20%. That's too much. It's inflationary. Tariffs are short-term weapons to rebalance trade. India's a great example. They've had 110% tariffs on automotive going into India, and now the Indians have come to the White House and said, "Okay, let’s redo this. We'll work out a deal." And if we end up with zero tariffs with India or 10% each way, that's a good thing. But tariffs in themselves will not solve the deficit because they just cause prices to go up. I think Trump knows that, but it's great short-term weaponry and wow, is it ever working right now. The whole world keeps showing up at the White House. If they pen a deal with India, that'll become the template for all the other countries. Boom, the market goes up. We all want to see that. It's time. No administration's ever tried to negotiate 60 trade deals at once. This is crazy chicken stuff, but if you're gonna go for it, go for it.
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You can't replace income tax with tariffs unless you're charging more than 20%. That's too much. It's inflationary. Tariffs are short-term weapons to rebalance trade. India's a great example. They've had 110% tariffs on automotive going into India, and now the Indians have come to the White House and said, "Okay, let’s redo this. We'll work out a deal." And if we end up with zero tariffs with India or 10% each way, that's a good thing. But tariffs in themselves will not solve the deficit because they just cause prices to go up. I think Trump knows that, but it's great short-term weaponry and wow, is it ever working right now. The whole world keeps showing up at the White House. If they pen a deal with India, that'll become the template for all the other countries. Boom, the market goes up. We all want to see that. It's time. No administration's ever tried to negotiate 60 trade deals at once. This is crazy chicken stuff, but if you're gonna go for it, go for it.

Kevin O'Leary aka Mr. Wonderful

131,055 Aufrufe • vor 1 Jahr

.Isaiah Taylor - making nuclear reactors says Valar Atomics ultimately wants to use its own low-cost electricity to make steel, aluminum, and other products. "Our long-term vision is to actually have the cheapest energy on earth and to use it for our own things." "We see a vision of the world where steel is just way cheaper than it is today. Aluminum is way cheaper than it is today. The manipulation of matter is a lot cheaper because you have robotics hooked up to AI that's doing matter manipulation and vision. All these things take energy." "It'll be interesting to see where we decide to play in the stack. I think we want to be in the business of turning on thousands of reactors, but there will be a couple of massive markets that we attach to."
1:30

.Isaiah Taylor - making nuclear reactors says Valar Atomics ultimately wants to use its own low-cost electricity to make steel, aluminum, and other products. "Our long-term vision is to actually have the cheapest energy on earth and to use it for our own things." "We see a vision of the world where steel is just way cheaper than it is today. Aluminum is way cheaper than it is today. The manipulation of matter is a lot cheaper because you have robotics hooked up to AI that's doing matter manipulation and vision. All these things take energy." "It'll be interesting to see where we decide to play in the stack. I think we want to be in the business of turning on thousands of reactors, but there will be a couple of massive markets that we attach to."

TBPN

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Phillip: And for, you know, free market conservatism, this is must be a tough pill to swallow. Bailing out foreign governments, bailing out farmers, tariffs, centrally controlled economies. This is all happening under president Donald Trump and the Republican party. And it's very different from the from the Republican party that I know that you came up in when all of those things were not things that you guys would have run on. So it's just interesting that all of a sudden it's just fine.
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Phillip: And for, you know, free market conservatism, this is must be a tough pill to swallow. Bailing out foreign governments, bailing out farmers, tariffs, centrally controlled economies. This is all happening under president Donald Trump and the Republican party. And it's very different from the from the Republican party that I know that you came up in when all of those things were not things that you guys would have run on. So it's just interesting that all of a sudden it's just fine.

Acyn

85,255 Aufrufe • vor 10 Monaten