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The idea that tariffs will increase jobs is NONSENSE. Manufacturing output in the US is up, but manufacturing jobs have been declining for the last 40 years-- tariffs or no tariffs. US TARIFFS ROB AMERICANS OF PURCHASING POWER. My latest on Natural Resource Stocks:
59,625 просмотров • 1 год назад •via X (Twitter)
Комментарии: 11

They HAVE TO BE robbed of purchasing power. There is no way consumption / production imbalance can be sustained, as it results in massive external debt, and massive interests to tax receips. The US gov can not longer subsidize US consumers. Foreigners are discharging the USD into commodities instead of recycling now.

The idea of no tariffs is as nieve and stupid as europe's fear of racism over protecting their white children

Tariffs provide a competitive advantage to American companies thereby increasing their ability to hire local workers. That's Economics 101. What kind of a professor are you?

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I think, it's about Trump getting significant and valid concessions. Sometimes beating up the other guy 10 times more than you get beat up is necessary.

The US EXPORTING JOBS also ROBS AMERICANS OF PURCHASING POWER. The door does swing both ways. Free trade with countries that have the same freedoms. Not with despotcies that rob their people and enslave workers. Not with places that poison the air and steal property.

Basic economy knowledge.

Donald trump should ask Nigerians how it is going rightnow for Nigerians

We have millions of economic illiterates on both sides of the border.

Canada is infiltrated by communist China too

Trump is rushing where he shouldn’t be rushing. With this approach, he will have problems: instead of dividing those he has an economic war with, he is bringing them together. Right now, his agenda is to rewrite trade relations with Mexico, Canada, and China. The share of imports from these three countries accounts for approximately 44% of the total US imports. Smart strategy would be to fight them one by one, bringing the other two to his side—this way, the chances of success are higher, and the risks of problems and inflation inside the country are lower. First, impose tariffs on Mexico, and their goods become more expensive. And goods will become more expensive because none of these countries will absorb this 20% increase and will be forced to raise prices for consumers. So, you impose sanctions on Mexico—and temporarily replace their more expensive imports with Chinese and Canadian ones, creating favorable trade conditions for them, but without long-term commitments. Then, when Mexico starts losing the American market, takes a significant economic hit, and agrees to rewrite trade relations with America, you move on to China. And at this point, Mexico and Canada should partially replace the Chinese imports that are now becoming more expensive. Then, after negotiating new terms with China, you move on to Canada. With this strategy, there is room for maneuvering, a much stronger negotiating position, and potentially fewer economic shocks. Unlike a strategy where you start a trade war with all three at once, which account for almost half of US imports, and who, finding themselves in the same boat, will start coordinating their resistance—because they understand that their collective position is very strong, and they have a high chance of punishing Trump with increased inflation, which will immediately hit his approval rating. By fighting all three at once, Trump weakens his position and strengthens theirs, unlike if he fought them one by one.


