Deputy Travis Junior said:

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Ultimately, I think most of these will go away once Trump extracts minor concessions, but it's shocking how many "Republicans" genuinely believe a freakin sales tax is somehow going to fix most of what's wrong with our country.

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It's also amazing that they are now in support of increasing corporate tax rates just because it's now Trump's idea.

agent-maroon said:

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Because that's the only problem this administration is working on, right?

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Other actions don't make any less silly the belief that tariffs can fix all these societal problems. An import tax that lowers everybody's purchasing power so that a few people can continue to work in (or return to working in) economically non viable sectors is not going to change the trajectory of the middle class. To quote big Rob, this is liberal idiocy.

That said, I do think that Trump's mostly swinging tariffs around to extract concessions in return for mostly retracting them. I don't think we'll have high, widespread tariffs in a year.

rocky the dog said:

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But many think that we should NOT charge tariffs even if others charge us.
That is my prime disagreement. If others charge, we charge. If they don't, we don't.

Quite possibly even worse than TACO. Man the left cannot meme.

Nor do they have concept of negotiating. Somehow if you started bargaining with a car dealer and you paid one cent above your first offer then you are a failure at deal making, broke campaign promises, and chickened out.

Makes folks wonder if we live in reality anymore.

infinity ag said:

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rocky the dog said:

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But many think that we should NOT charge tariffs even if others charge us.
That is my prime disagreement. If others charge, we charge. If they don't, we don't.

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I think the bigger issue is all these socialist and communist countries that prop up their hand selected industries with the so called non tariff tariffs like a credit to buy their own

In some cases it's a competitive disadvantage for our industries

But in other cases it's a matter of national security like rare earths / magnets, pharmaceuticals...etc

Bump: I haven't really kept up with this one but the trade deadline is looming.

context:

Present tariffs in effect -- From Mar-Jun 2025
Existing 25-50% tariffs remain on steel, autos, non-origin goods etc.

U.S. sets tariff deadline -- August 1, 2025
New 35% tariffs on non-USMCA Canadian goods may kick in

SgtStiglitz said:

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Never negotiated a business deal have you.

Old McDonald said:

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this is obviously a ******ed move from Trump, just as much as it was the first couple times he tried it, but it's ultimately not worth getting worked up over because TACO

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NAFTA completely destroyed the US beef industry, and pretty much killed my Papa. **** Canada.

As fir your TACO bull****, you eaten crow yet? Monumental deals with the EU, SK, Japan, and more.

Aggie95 said:

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Logos Stick said:

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Growing the manufacturing base! I'm just glad we don't pay these tariffs. Canada, China and the rest of the world are paying off our national debt.

BREAKING: President Trump announces a 35% tariff on Canada beginning August 1st. pic.twitter.com/zcHD4GubM5

— The Kobeissi Letter (@KobeissiLetter) July 11, 2025

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How does Canada pay this 35% tariff?

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Places like Canada and China can't lose their industrial base and the jobs because the system collapses and the people revolt. So they will subsidize the companies either directly or indirectly to keep prices competitive and thus they "pay" off our debt for us. If they don't the manufacturing and jobs will leave and go elsewhere. The only way they can have leverage is when they make a product we can't get from somewhere else.

The best solution of course is to lower tariffs and everyone wins but we have the leverage and are going to dictate terms. That's the game. Eventually Canada will crater or further spiral into becoming a 3rd world country.

SgtStiglitz said:

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Why not both!

Yesterday said:

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Aggie95 said:

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Logos Stick said:

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Growing the manufacturing base! I'm just glad we don't pay these tariffs. Canada, China and the rest of the world are paying off our national debt.

BREAKING: President Trump announces a 35% tariff on Canada beginning August 1st. pic.twitter.com/zcHD4GubM5

— The Kobeissi Letter (@KobeissiLetter) July 11, 2025

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How does Canada pay this 35% tariff?

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They reduce their cost to remain competitive.

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OR the buckle like all the other countries and concede to a better trade deal with the US... they need us way more than we need them.

IslanderAg04 said:

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Old McDonald said:

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this is obviously a ******ed move from Trump, just as much as it was the first couple times he tried it, but it's ultimately not worth getting worked up over because TACO

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NAFTA completely destroyed the US beef industry, and pretty much killed my Papa. **** Canada.

As fir your TACO bull****, you eaten crow yet? Monumental deals with the EU, SK, Japan, and more.

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I want Trump to post a running total of tariff gains. That would show people what we are making now.
And send the money to pay debt.