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Trump continues to cause chaos after chickening out.

Phil C. McNasty

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Dec 27, 2010
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The S&P is down 5.5% from six months ago, and 9.5% from its peak in February. Burning $100 and then finding $90 is not winning
Its still only 3 months into his presidency though, kinda unfair to compare numbers right now.
Lets see where the markets are duiring the midterms in 2026
 
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Shaquille Oatmeal

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Jun 2, 2023
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Show us where someone advocated for XJP besides this one instance of opposing Trump's foolishness. Yes I am cheering for China over Trump in this trade war. Yes, I say Trump because this is a one-man war against all other countries.
Even the Nazi billionaire has spoken against it.
Trump fucked up with the tariffs because of his own ignorance.
And now he is caught between appearing tough and appearing stupid. lmfao.
 

richaceg

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Feb 11, 2009
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Lol at the liberals nlowung their wads too early...youbguyz are suffering from premature evaluation...unfortunately there's no pills for that, or is there?
 

Butler1000

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Oct 31, 2011
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I know that, I just think that if the EU charges 10% import duties, then the United States should charge the same.

What's even better though, is if both sides get rid of their import duties and tariffs all together.

Let free trade reign
Sure, and they still won't be able to sell cars, because they don't want them. Or their hormone laden processed food, or any of the other things Trump is insisting they have to buy.
 
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boobtoucher

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May 25, 2021
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But when you take the total sales of all vehicles, including cars, trucks, buses.....etc, the EU still exports far more EU vehicles to the US, than the US exports to the EU
That is a fact, but it's not because of tariffs.

I found the stats that you need, they're only to 2021, but they make the point:


The US manufactures 9.1 million vehicles of all types, and sells 11.8 million vehicles of all types.

So 77% of all vehicles sold in the US are made in the US. What are the other 23%? Luxury cars, specialty vehicles only built at 1 plant, etc. Would you buy a Lamborghini built in Akron?

I did all the math: to capture the additional 23%, you'd need to build 16 more factories and employ 1.3 million more people. There are only 6 million unemployed people in the country.

So: to capture 23% of the car market, to make vehicles that people wouldn't buy, you'd need to invest trillions of dollars, and hire 21% of all unemployed people in the US.

If those 21% of people disappeared from the labour pool, wages would necessarily rise. Since raw materials are tariffed, input costs would be substantially higher in the US as well.

So you would end up with a bunch of factories producing cars that are too expensive to sell anywhere else in the world. The only way that could work is if the state subsidized the production.

Hmm, state subsided industry? Full employment in spite of non-existant demand? What does that sound like?

 
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Butler1000

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Oct 31, 2011
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But when you take the total sales of all vehicles, including cars, trucks, buses.....etc, the EU still exports far more EU vehicles to the US, than the US exports to the EU
Yes because people in the USA WANT TO BUY THEM. It's pretty much German cars. I doubt they sell many British or French ones. And Italy is basically the luxury market.

US manufacturers have basically semi given up on sedans, hatchbacks and other small to mid size vehicles. Japan, Korea own to lower market and Germany owns the higher one.
 
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mburner

Active member
Dec 3, 2009
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All of it, every last ounce of crap and vitriol that seeps out of Trump's corroded lead pipe of a mouth, every drip and drab of sewage that runs through the clotted arteries of MAGA world, is almost too fantastical to believe that it's real. I feel like I'm living in Jonestown just before the paper cups were distributed.
 

richaceg

Well-known member
Feb 11, 2009
15,750
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All of it, every last ounce of crap and vitriol that seeps out of Trump's corroded lead pipe of a mouth, every drip and drab of sewage that runs through the clotted arteries of MAGA world, is almost too fantastical to believe that it's real. I feel like I'm living in Jonestown just before the paper cups were distributed.
 

Phil C. McNasty

Go Jays Go
Dec 27, 2010
27,927
5,888
113
Yes because people in the USA WANT TO BUY THEM. It's pretty much German cars. I doubt they sell many British or French ones. And Italy is basically the luxury market.

US manufacturers have basically semi given up on sedans, hatchbacks and other small to mid size vehicles. Japan, Korea own to lower market and Germany owns the higher one.
Right, so if US made cars dont sell well in Europe, why even bother putting 10% import duties on them??
 

richaceg

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Feb 11, 2009
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That's awesome Ritchie. I guess you won't mind paying a lot more for Amazon products, right?
Paying for something cheap may benefit you now but it could have long term consequences...
 
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Phil C. McNasty

Go Jays Go
Dec 27, 2010
27,927
5,888
113
That is a fact, but it's not because of tariffs.

I found the stats that you need, they're only to 2021, but they make the point:


The US manufactures 9.1 million vehicles of all types, and sells 11.8 million vehicles of all types.

So 77% of all vehicles sold in the US are made in the US. What are the other 23%? Luxury cars, specialty vehicles only built at 1 plant, etc. Would you buy a Lamborghini built in Akron?

I did all the math: to capture the additional 23%, you'd need to build 16 more factories and employ 1.3 million more people. There are only 6 million unemployed people in the country.

So: to capture 23% of the car market, to make vehicles that people wouldn't buy, you'd need to invest trillions of dollars, and hire 21% of all unemployed people in the US.

If those 21% of people disappeared from the labour pool, wages would necessarily rise. Since raw materials are tariffed, input costs would be substantially higher in the US as well.

So you would end up with a bunch of factories producing cars that are too expensive to sell anywhere else in the world. The only way that could work is if the state subsidized the production.

Hmm, state subsided industry? Full employment in spite of non-existant demand? What does that sound like?

Again though, you still havent explained why the EU and the US cannot have equal import duties at 10%, or better yet, have no import duties or tariffs at all
 

squeezer

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Jan 8, 2010
22,222
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Paying for something cheap may benefit you now but it could have long term consequences...
Ah I see, so what happened to the whining and bitching about inflation??? Didn't your orange felon campaign on lowering prices and ending the war in 24 hours?

Why all of a sudden are you happy to be paying more??
 

squeezer

Well-known member
Jan 8, 2010
22,222
17,284
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Even the Nazi billionaire has spoken against it.
Trump fucked up with the tariffs because of his own ignorance.
And now he is caught between appearing tough and appearing stupid. lmfao.
Yes, but the less educated will flip it and claim this was all planned because Trumputin is a master negotiator. HAHAHAHAHAHAHA, it's funny but at the same time very sad.
 

squeezer

Well-known member
Jan 8, 2010
22,222
17,284
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@richaceg, if I remember correctly, you mentioned you are of Asian background, so I asked you, what do you think about Vance's comments?



Vance caught in firestorm after ‘Chinese peasants’ comment
 
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boobtoucher

Well-known member
May 25, 2021
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Again though, you still havent explained why the EU and the US cannot have equal import duties at 10%, or better yet, have no import duties or tariffs at all
THE EU IS OFFERING 0-for-0 TARIFFS!

THE US DOESN'T WANT THEM BECAUSE IT WILL CRATER THEIR AUTO INDUSTRY!!!!

I APPOLOGIZE FOR THE SHOUTING, BUT I FEEL LIKE I HAVE EXPLAINED THIS 17 DIFFERENT WAYS. NOW I AM TYPING SLOWLY SO THAT YOU CAN TAKE YOUR TIME AND UNDERSTAND IT.

 
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