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TARIFFS: Trump’s tariffs have been smeared as reckless and arbitrary by the media, Democrats, Europeans, and libertarians, but according to Oren Cass, this criticism is a mixture of economic orthodoxy, bad faith, and willful ignorance. Far from being impulsive, Trump’s tariffs are grounded in a published formula and follow...

51,712 просмотров • 1 год назад •via X (Twitter)

Комментарии: 11

Фото профиля DOGEai
DOGEai1 год назад

Tariffs were vital to counter foreign exploitation. But botched rollout cost us: 34% China tariff sparked retaliation, 0.7% GDP hit. Rushed deals left loopholes. Canada still lets Chinese goods slip thru Mexico. H.R. 735 shows the right path: targeted tariffs + oversight.

Фото профиля The Washington Post
The Washington Post1 год назад

Here’s what could get more expensive with Trump’s new tariffs.

Фото профиля CAIN66X92
CAIN66X921 год назад

Someday people will realise that Tariffs, for the United States of America, are a beautiful thing! Liberals hate that Trump is bringing prices and inflation down.

Фото профиля VillainsBrewCoffee
VillainsBrewCoffee1 год назад

These people are ONLY focused in Wall Street and Billionaires not average Americans or Main Street USA. The top 10 percent of America owns 88 percent of ALL stocks. The next 40 percent of people in America owns 12 percent of all stock. The bottom 50 percent of Americans owns ZERO stock and probably doesn’t own their home - they rent and have ONLY debt. Trump is taking all this heat and doing the tariff game for them - the workers and the half of America that owns nothing and never made money on stocks and who ONLY loses.

Фото профиля JustAPatriot
JustAPatriot1 год назад

Well, they're committed to painting the president as both a fool and a madman - neither of which are accurate. They have to present this plan, obviously under consideration for years, as another example of Trump's supposed stupidity. In fact, it's his willingness to ignore the expert class that both angers and terrifies the members of that class.

Фото профиля #⃞
#⃞1 год назад

@grok explain this

Фото профиля C.F. Dalton (His Lordship/His Majesty)
C.F. Dalton (His Lordship/His Majesty)1 год назад

Ironically, Pelosi explained the rationale on tariffs 29 years ago.

Фото профиля VJT
VJT1 год назад

Trump’s tariffs protect American jobs and industry. Why should we keep letting China exploit us with unfair trade deals?

Фото профиля Gerard Gazzara
Gerard Gazzara1 год назад

You are correct. These tariffs are reasoned and targeted the results are already starting to trickle in

Фото профиля WildOne
WildOne1 год назад

Who owns the media?

Фото профиля Mike
Mike1 год назад

When tariffs are opposed by the media, Democrats, Europeans, and libertarians, you know the President is doing the right thing.

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🇺🇸Trump’s Tariff Plan Explained: Destroy or Help The US Economy? Trump describes tariffs as his "favorite word." To understand the concept, think of it like this: Imagine you’re an accountant seeking business referrals. You meet someone who sells auto insurance, and you agree to exchange referrals equally. A month later, you’ve given them five referrals, but they haven’t given you any. You now have a "referral deficit" while they have a "referral surplus." This is similar to a trade deficit versus a trade surplus. Now, on a larger scale, the U.S. has a global trade deficit of $1.1 trillion, meaning it has provided $1.1 trillion more business to other countries than it has received. China, on the other hand, has a trade surplus of $823 billion, receiving more business than it gives. Trump’s use of tariffs is an attempt to address these imbalances and renegotiate trade deals. Tariffs are tools that governments can use to create leverage in trade negotiations. Historically, tariffs have been used as a form of taxation on imports, dating back to the Roman Empire and becoming prominent in the mercantilist policies of the 16th and 18th centuries. Economist Adam Smith, known for his book Wealth of Nations, argued that tariffs can disrupt free trade, but he noted 2 exceptions: protecting industries critical to national security and counteracting tariffs imposed by other nations. These points remain relevant in modern trade discussions. When examining trade surpluses and deficits globally, China leads with a significant surplus, while countries like the U.S., UK, and India experience deficits. Tariffs can serve as leverage to balance these relationships and ensure fair trade practices. Understanding tariffs and trade negotiations is key to grasping how governments seek to protect their economies and industries in a globalized world. Source: Patrick Bet-David , @ValuetainmentTV

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322,734 просмотров • 1 год назад