Trump​ ❤️ Tariffs

[Andy1]

10 minutes ago, Roundybout said:

This guy definitely has multiple DUIs if his insurance is $250 a month at age 24. 
 

It also explains why he’s a whiny piss baby

And his insurance will be rising due to the Trump tax.

[AlBUNDY4TDS]

30 minutes ago, Andy1 said:

And his insurance will be rising due to the Trump tax.

What do you mean? It's been on the rise, mine at least, the past couple years.

[4th&long]

 

[Andy1]

This is the future according to Trump. Good manufacturing jobs.

[stevestojan]

1 hour ago, AlBUNDY4TDS said:

What do you mean? It's been on the rise, mine at least, the past couple years.

Fibally something in my wheelhouse. You (and everyone else) will start to see rate increases like you’ve never seen before. We - along with all of our competitors - are racing to file in every state at levels I’ve never seen before (in my 23 years in P&C). But give it 8-10 years when all cars are made in the US without ANY imported parts (😂) and they’ll level out. Patience. 

[AlBUNDY4TDS]

36 minutes ago, stevestojan said:

Fibally something in my wheelhouse. You (and everyone else) will start to see rate increases like you’ve never seen before. We - along with all of our competitors - are racing to file in every state at levels I’ve never seen before (in my 23 years in P&C). But give it 8-10 years when all cars are made in the US without ANY imported parts (😂) and they’ll level out. Patience. 

When can I expect to see these increases?

[Big Blitz]

Pelosi hearts tariffs

 

 

 

[stevestojan]

46 minutes ago, AlBUNDY4TDS said:

When can I expect to see these increases?

Upon your next renewal, most of the time. Depends on which state you’re in and how close you are to renewal. I’ve never seen a pricing and actuarial team move so fast! 

[Andy1]

2 hours ago, AlBUNDY4TDS said:

What do you mean? It's been on the rise, mine at least, the past couple years.

And it will rise even more due to higher cost of parts for repair. 

[JFKjr]

Just now, Andy1 said:

And it will rise even more due to higher cost of parts for repair. 

 

[The Frankish Reich]

from economist Tyler Cowen (marginalrevolution.com):

 

This is perhaps the worst economic own goal I have seen in my lifetime. I cannot think of any credentialed economist colleague—Democrat, Republican, or independent—who would endorse it. And I haven’t even mentioned the risk that some foreign nations will retaliate against American exporters, damaging our economy all the more.

You might think there is something to be said for a reciprocal approach to tariffs. Usually it consists of cutting off your nose to spite your face, but if it can sometimes work it requires a president (and Congress) who is predictable and trustworthy.

That is not how foreign nations view the current administration.

 

 

[Pokebball]

12 minutes ago, The Frankish Reich said:

from economist Tyler Cowen (marginalrevolution.com):

 

This is perhaps the worst economic own goal I have seen in my lifetime. I cannot think of any credentialed economist colleague—Democrat, Republican, or independent—who would endorse it. And I haven’t even mentioned the risk that some foreign nations will retaliate against American exporters, damaging our economy all the more.

You might think there is something to be said for a reciprocal approach to tariffs. Usually it consists of cutting off your nose to spite your face, but if it can sometimes work it requires a president (and Congress) who is predictable and trustworthy.

That is not how foreign nations view the current administration.

 

 

academic economists are the absolute worst

[TH3]

21 hours ago, The Frankish Reich said:

Summers is obviously correct. 

 

These things are dynamic. Raise tariffs. That will suppress spending. Suppress spending, retail jobs will drop. Retail jobs drop, commercial real estate drops. Spending goes down, state sales tax revenue goes down. GDP drops, or rises a percent or two or five lower than it otherwise would. The federal tax base falls, deficits rise.

 

These clowns have no idea what they're doing. 

 

They think they know though. Raise revenues through tariffs ….saw of tax cuts….winning.

[4th&long]

 

[Andy1]

27 minutes ago, The Frankish Reich said:

from economist Tyler Cowen (marginalrevolution.com):

 

This is perhaps the worst economic own goal I have seen in my lifetime. I cannot think of any credentialed economist colleague—Democrat, Republican, or independent—who would endorse it. And I haven’t even mentioned the risk that some foreign nations will retaliate against American exporters, damaging our economy all the more.

You might think there is something to be said for a reciprocal approach to tariffs. Usually it consists of cutting off your nose to spite your face, but if it can sometimes work it requires a president (and Congress) who is predictable and trustworthy.

That is not how foreign nations view the current administration.

 

 

Its not just the tariffs Americans must pay. American businesses are seeing their international markets shrink as consumers in other countries will seek products not made in America. Brand damage will be huge from this tariff war. China and Europe are happy to provide alternative products. 

[Andy1]

More lies from Trump. The tariffs charged to USA in the poster are not tariffs on products from USA. We have a free trade agreement with South Korea. They don’t charge any tariffs on US products. Lies to justify stupidity. That’s where we are. 

[4th&long]

13 hours ago, Andy1 said:

This is the future according to Trump. Good manufacturing jobs.

They should be able to afford housing worth these great jobs. 

[Roundybout]

11 hours ago, Pokebball said:

academic economists are the absolute worst

Why? 

[The Frankish Reich]

Reading the Trumpistas here and on other threads, I see that they are glad that we have finally installed the Nancy Pelosi 1980s/Chuck Schumer early 1990s trade policy.

Winning by re-doing the 1988 election! That's what Trump policy is now: the 1980s Democrats. Goodbye Reagan Revolution, Hello Dick Gephardt.

[Trump_is_Mentally_fit]

Tariffs mean fewer consumer choices 

Quote

 

Nissan Motor’s luxury Infiniti brand has indefinitely paused production of two Mexico-built crossovers for the U.S. in response to the newly imposed 25% tariffs on imported vehicles by Trump.

In a memo to the brand’s retailers, Infiniti Americas Vice President Tiago Castro said QX50 and QX55 output for the U.S. is halted “until further notice” due to the tariffs, Automotive News reported Thursday.

 

https://www.cnbc.com/2025/04/03/trump-tariffs-live-updates-stock-market-trade-war.html