Trump’s “Liberation Day” Tariffs are a Mistake

[TheTexan]

Are we bringing back industry?
Are we raising revenue from imports?
Are we negotiating to bring down tariffs on our goods?

You only get one. Because if you get one, you don't get the others.

This is accurate. Attempting to do more than one of these at once, comes naturally at the expense of the other(s).

I would also suspect, that trying to manage effective policy to juggle these all at the same time, is outside the realm of human ability, even beyond the great almighty DJT.

Even two is pushing it.

 

[acptulsa]

You're just playing dumb now.

We do that for the lols. We know you aren't just playing. For you, stupidity is deadly serious business.

 

[acptulsa]

I already explained in the part you edited out.

The part where you said countries would negotiate to get rid of the non-negotiable part of the tariff? You fool, nobody loves Trump enough to do that stupid shit but you.

You're just playing dumb now.

You ain't playing.

 

[Swordsmyth]

The part where you said countries would negotiate to get rid of the non-negotiable part of the tariff? You fool, nobody loves Trump enough to do that stupid shit but you.


You ain't playing.

Proving you are illiterate again.

 

[nikcers]

Tariffs Are Reducing Prices...

..The Pricing Lab at Harvard Business School, shows that since Liberation Day when tariffs were announced, the prices of imported goods in tariff-affected categories are up by less (just 1.13 percent) than domestically produced goods in unaffected categories (up by 1.25 percent).

In other words, the stuff directly subject to tariffs has risen by less than the prices of stuff not even indirectly subject to tariffs. If we annualize the gains, tariffed imports are up 2.41 percent and non-tariff affected domestic goods are up 2.76 percent.

But wait. There’s more. Or less, really. The prices of domestically produced goods in categories affected by tariffs—that is, U.S. made goods competing with imports—are down 0.67 percent since Liberation Day. That works out to an annualized decline of 1.42 percent.

If this sort of thing keeps happening, we would not be surprised to see Harvard just shut down the tracker. It’s too embarrassing for the tariff-hating establishment.

Breitbart Business Digest: Tariffs Are Reducing Prices and Humiliating Economists

The prices of goods affected by tariffs fell in August, crushing the hopes of everyone at the Cato Institute.

www.breitbart.com

 

[nikcers]

Tariffs Are Reducing Prices...

..The Pricing Lab at Harvard Business School, shows that since Liberation Day when tariffs were announced, the prices of imported goods in tariff-affected categories are up by less (just 1.13 percent) than domestically produced goods in unaffected categories (up by 1.25 percent).

In other words, the stuff directly subject to tariffs has risen by less than the prices of stuff not even indirectly subject to tariffs. If we annualize the gains, tariffed imports are up 2.41 percent and non-tariff affected domestic goods are up 2.76 percent.

But wait. There’s more. Or less, really. The prices of domestically produced goods in categories affected by tariffs—that is, U.S. made goods competing with imports—are down 0.67 percent since Liberation Day. That works out to an annualized decline of 1.42 percent.

If this sort of thing keeps happening, we would not be surprised to see Harvard just shut down the tracker. It’s too embarrassing for the tariff-hating establishment.

Breitbart Business Digest: Tariffs Are Reducing Prices and Humiliating Economists

The prices of goods affected by tariffs fell in August, crushing the hopes of everyone at the Cato Institute.

www.breitbart.com

Trump's tarrifs lower trade deficit (new data shows)

Trump’s Tariffs Shrank the U.S. Trade Deficit in September

The monthly trade deficit fell to its lowest level in five years after the president’s imposition of sweeping global tariffs. But it’s unclear whether the trend will persist.

www.nytimes.com

 

[acptulsa]

Oh, look. Nobody's interacting with the bot so it's arguing with itself.