Trump​ ❤️ Tariffs

[JDHillFan]

5 minutes ago, Roundybout said:

 

https://apnews.com/article/guatemala-honduras-mexico-immigration-border-patrols-917c0fea87c0a807b371da207d34c8cc
 

As requested.

Thank you. Did you find this upsetting at the time?

[Roundybout]

1 minute ago, JDHillFan said:

Thank you. Did you find this upsetting at the time?

Did Biden threaten to torpedo the economy and hold our allies at gunpoint?

[AlBUNDY4TDS]

2 minutes ago, Roundybout said:

Did Biden threaten to torpedo the economy and hold our allies at gunpoint?

He already did the first part. You are hysterical today, not a great look.

[Roundybout]

4 minutes ago, AlBUNDY4TDS said:

He already did the first part. You are hysterical today, not a great look.

Didn’t you block me or something? Did you miss me that much?

[YodaMan79]

I would just like to see from a non-bias source what these other countries are doing to our goods, from a tariff perspective (before this most recent round took effect).  Are our goods being held to a different tax standard as to what we're receiving?  I know in the auto industry, vehicles made here are taxed at such a high rate it makes zero sense to buy an American made vehicle in some foreign countries.  Why do I have the feeling this could be like the Paris Climate Accords or NATO, where the United States is being taken for a free ride from a number of other developed nations that could carry their own weight.  

[YodaMan79]

This is what I got from our good AI friend: 

 

In general, yes, U.S. goods often face higher tariffs when exported to other countries compared to the tariffs the U.S. imposes on imports. This disparity is especially noticeable with key trading partners like the European Union, China, and India. Here’s a breakdown of why this happens:

1. Average Tariff Rates:

United States: The average applied tariff is around 2.4% for all goods, with many products entering duty-free due to trade agreements.

European Union: The average tariff is about 4.8%, but specific goods like U.S. cars face a 10% tariff, while EU cars entering the U.S. are taxed at only 2.5%.

China: Even after trade negotiations, China’s average tariff on U.S. goods remains around 7%–15%, significantly higher than what the U.S. imposes on Chinese goods.

India: India’s average tariff rate is much higher—often 10%–20% on many goods, with some products like motorcycles facing tariffs over 50%.

2. Industry-Specific Examples:

Automobiles:

U.S. imports from the EU: 2.5% tariff

EU imports from the U.S.: 10% tariff

China (before trade war): Up to 25% on U.S. cars (later reduced to 15% temporarily)

Agricultural Products:

U.S. exports face very high tariffs globally, often exceeding 20%, especially in countries protecting domestic agriculture.

3. Why the Disparity Exists:

Trade-Offs in Negotiations: The U.S. has historically prioritized access for services, technology, and financial sectors in trade deals, sometimes accepting higher tariffs on physical goods as part of the bargain.

Developing Country Status: Countries like China and India have claimed "developing nation" status under WTO rules, allowing them to maintain higher tariffs while benefiting from lower U.S. tariffs.

Non-Tariff Barriers: Even when tariffs are low, foreign regulatory requirements, quotas, and subsidies act as hidden barriers to U.S. exports.

Is This Like NATO or the Paris Agreement?

There’s a similar theme: the U.S. often bears a larger burden, whether financially or economically, in global agreements. In trade, though, the reasons are more about negotiation strategies and historical deals rather than other nations "free-riding."

[AlBUNDY4TDS]

7 minutes ago, Roundybout said:

Didn’t you block me or something? Did you miss me that much?

Don't worry, you're still blocked.

[US Egg]

12 minutes ago, YodaMan79 said:

Why do I have the feeling this could be like the Paris Climate Accords or NATO, where the United States is being taken for a free ride from a number of other developed nations that could carry their own weight.  

 

7 minutes ago, YodaMan79 said:

This is what I got from our good AI friend: 

 

In general, yes, U.S. goods often face higher tariffs when exported to other countries compared to the tariffs the U.S. imposes on imports. This disparity is especially noticeable with key trading partners like the European Union, China, and India. Here’s a breakdown of why this happens:

1. Average Tariff Rates:

United States: The average applied tariff is around 2.4% for all goods, with many products entering duty-free due to trade agreements.

European Union: The average tariff is about 4.8%, but specific goods like U.S. cars face a 10% tariff, while EU cars entering the U.S. are taxed at only 2.5%.

China: Even after trade negotiations, China’s average tariff on U.S. goods remains around 7%–15%, significantly higher than what the U.S. imposes on Chinese goods.

India: India’s average tariff rate is much higher—often 10%–20% on many goods, with some products like motorcycles facing tariffs over 50%.

2. Industry-Specific Examples:

Automobiles:

U.S. imports from the EU: 2.5% tariff

EU imports from the U.S.: 10% tariff

China (before trade war): Up to 25% on U.S. cars (later reduced to 15% temporarily)

Agricultural Products:

U.S. exports face very high tariffs globally, often exceeding 20%, especially in countries protecting domestic agriculture.

3. Why the Disparity Exists:

Trade-Offs in Negotiations: The U.S. has historically prioritized access for services, technology, and financial sectors in trade deals, sometimes accepting higher tariffs on physical goods as part of the bargain.

Developing Country Status: Countries like China and India have claimed "developing nation" status under WTO rules, allowing them to maintain higher tariffs while benefiting from lower U.S. tariffs.

Non-Tariff Barriers: Even when tariffs are low, foreign regulatory requirements, quotas, and subsidies act as hidden barriers to U.S. exports.

Is This Like NATO or the Paris Agreement?

There’s a similar theme: the U.S. often bears a larger burden, whether financially or economically, in global agreements. In trade, though, the reasons are more about negotiation strategies and historical deals rather than other nations "free-riding."

And the verdict is?

[Roundybout]

8 minutes ago, AlBUNDY4TDS said:

Don't worry, you're still blocked.

Darn, I’ll miss your thoughtful and well-articulated commentary. 

[Doc]

Not sure why all the kvetching over what happened with Mexico.  Trump got them to deploy 10,000 soldiers to the border, Mexico gets help with illegal arms trafficking and no tariffs for at least a month, while they see if the troops are doing their jobs (and with this Admin, they'll be allowed to).

 

Now Canada...

[YodaMan79]

2 minutes ago, US Egg said:

 

And the verdict is?

At first glance, it seems the U.S. often ends up on the short end of the stick as a trade partner. How this dynamic plays out with countries like Canada or Mexico is less clear, but the idea of China being classified as a "developing nation" is frankly absurd. Personally, I’d be willing to pay more for goods produced here, but there’s a segment of the population that will drive miles just to save a few cents on a gallon of gas. As a nation, we don’t always prioritize second-level thinking when it comes to these decisions.

[aristocrat]

15 minutes ago, Roundybout said:

Darn, I’ll miss your thoughtful and well-articulated commentary. 

Is the market at 0 yet? 

[The Frankish Reich]

2 minutes ago, aristocrat said:

Is the market at 0 yet? 

No, because Trump blinked.

Markets open down almost 2%, suddenly a promise of 10,000 troops at the border (see my link above, it was 15,000 troops the last time around) with nothing really enforceable is sufficient to "delay" the 25% tariff

[4th&long]

19 minutes ago, Doc said:

Not sure why all the kvetching over what happened with Mexico.  Trump got them to deploy 10,000 soldiers to the border, Mexico gets help with illegal arms trafficking and no tariffs for at least a month, while they see if the troops are doing their jobs (and with this Admin, they'll be allowed to).

 

Now Canada...

Are these the troops that the cartel paid off? The same ones that deployed under Biden? You guys fall for everything. 

[Joe Ferguson forever]

3 hours ago, Motorin' said:

 

There's roughly 18 million "poor whites" of voting age. Trump received 77 million votes... This is your cope...

 

 

Nope.  I talked about people who can't invest and live paycheck to paycheck.  That's more than 1/2 of Americans with a similar distribution of race to the overall population.  So, many more than 18 million.  your definition of poor is the poverty line which for a family of 4 represents a household income of less than 30k.  you truly believe only those meeting that criteria are poor?  At any rate, it's easy to find data on voters by race and income level.  poor white overwhelmingly voted for trump - many more than  18 mil which is way too many.  He's not going to help them and will likely take away or cut down many of their govt safety nets.  look at the solid red states:  W Virginia, Mississippi, Tenn, Arkansas, Alabama, Kentucky etc.  Full of poor whites.  dumb f's

https://www.forbes.com/advisor/banking/living-paycheck-to-paycheck-statistics-2024/

Edited Monday at 07:27 PM by Joe Ferguson forever

[JDHillFan]

11 minutes ago, The Frankish Reich said:

No, because Trump blinked.

Markets open down almost 2%, suddenly a promise of 10,000 troops at the border (see my link above, it was 15,000 troops the last time around) with nothing really enforceable is sufficient to "delay" the 25% tariff

Did he blink?

[Joe Ferguson forever]

2 hours ago, Pokebball said:

poor whites have pretty much always supported trump.

 

trump won due to enough of the moderates in the middle running from Kamala. It really is that simple

yes, poor whites are his base.  agreed.  now tell Motorin

[JDHillFan]

It’s not my intention to be hurtful to those that sh*t themselves this morning but the Dow is in positive territory at 2:30pm. 
 

PSA for those that react to snapshots - it will change by 4pm. Nobody knows which direction it will go. 

[Doc]

16 minutes ago, 4th&long said:

Are these the troops that the cartel paid off? The same ones that deployed under Biden? You guys fall for everything. 

 

We'll have a month to find that out.  And again, what was lost?  Your avocados will still be cheap.

 

9 minutes ago, JDHillFan said:

It’s not my intention to be hurtful to those that sh*t themselves this morning but the Dow is in positive territory at 2:30pm. 
 

PSA for those that react to snapshots - it will change by 4pm. Nobody knows which direction it will go. 

 

You mean the market can go up after going down?  

[sherpa]

1 hour ago, Roundybout said:

Did Biden threaten to torpedo the economy and hold our allies at gunpoint?

 

He certainly abandoned them.

See Afghanistan escape.