Why Is The Tariff Issue Controversial?

There's currently a large number of "Trumpers" who previously voted for Obama, Clinton and Biden. They all didn't just decide not to vote after being let down. Many turned on the left and voted right instead. That's a fact, and Dems need to start owning that if they want to start winning future elections.

It was the failed economic policies under this current administration that were the biggest driving factor for Trumps landslide win. Even if we both remove our partisan hats for a moment, we should at least be able to agree that the average family has been taken to the cleaners economically under the current administration. Or are you just another well-off snob who cant relate to what the "average Joe" is experiencing?

But shame on me for even entertaining the guy (you) who slammed the majority of voters in the country and followed it up with a clip from a satirical show to hide the fact he didn't make a single point or say anything of value.

I guess it's USA thing because outside of USA, no one would ever use the term landlisde win to illustrate a sub 50% voters score.
Very very weird.

Let's see.

Trump:
Wins every swing state
Wins popular vote as Republican for first time since 1980s.
Wins election in lieu of polls indicating otherwise.
Increases votes in every demographic category.
Wins house
Wins senate
Dominates number of counties won
Beats current administration who in last election got a historic 80+ million voter turn out.

Call it a landslide, call it a dominant/convincing victory, or call it whatever you want. It was a COMPLETE a$$ whooping by American election standards. And if Democrats had won in the same fashion, they'd be saying the same things.

The problem with trumpsters is that they fail to differentiate perception with reality .

So tell us how is the U.S. bad economically .
They currently have the best economy in the world and if u disagree tell us which country u believe does better ?
Every countries in the world envy the U.S. but you and maga ….

Under trump record high stock market ,
Low unemployment
Low inflation
Strong dollar
Good interest rates
Real gdp growth at near 3% !

He would call it greatest economy ever …
Except those stats are under a democrats presidency so it’s bad ?

When you can’t see the forest for the trees .
And you cal it failed economic policies ? lol…

Let’s see:
It was such a landslide « lost » for Kamala , she had more vote in 2024 then trump lost in 2020 …
So I guess from your own logic , the result of the 1st trump presidency was a utter failure with so « few » votes in 2020 ?

When you could afford to feed your family under Trump and you can’t under Biden . You can tell folks how great things are they are not going to believe you

Again …worldwide inflation wasn’t cause by Biden .
But u have been told many times .
Keep your maga perception alive it’s great !

And today they have a vastly prefer economic situation then anyone but hey I guess it’s better be Canadian right ?

Ps: funny to compare prices level from pre covid to post covid and forget everything else as if inflation didn’t happened ….
Good work lozen …

And obviously you didn’t disprove anything I said , trump would call it greatest economy ever with those stats (like he did in his 1st presidency) if it was under him regardless less of anything else …

But lozen I’m not surprise at all and you follow your own great logic .
Like Trudeau is against oil despite Canada having one of the highest increase in the world for oil production.
Makes perfect sense in lozen world .

You should look up the definition of « can't see the forest for the trees ».

More people will take your comments seriously when you bring focus to these sparadic, emotionally charged, thoughts, and ease up on the unnecessary personal attacks.

What do any of these have to do with tariffs?

I never said it was all Biden's fault its the perception of the voter is what I am saying .

When you pass legislation to ban all new pipelines, Cap emission reductions to target the oil industry Fail to approve new projects that go through all the processes yeah your not for oil

Ok? But Trmp’s economic policies were responsible for Biden’s landslide win. I’m just saying trumps second term will be like his first and unless you’re making 7 figures or in a place where you can benefit from some cronyism in tariffs or selective lax regulation you’ll be worse off under trump like last time.

As stated in a recent AP article, dated 11/28/24, Trump intends to use the issue of fentanyl when deciding whether to apply additional tariffs. If China were to voluntarily go after the fentanyl manufacturers and their suppliers, the additional tariffs wouldnt be necessary.

From AP:
Trump also posted on Monday that Chinese imports would face additional tariffs of 10% until Beijing cracks down on the production of materials used in making fentanyl.

Like the above example, if China were to compensate the US in other ways, like honoring intellectual property rights, this could again result in money coming into the US while avoiding the threat of additional tariffs to make up for these huge loses. Im happy to concede this is a much weaker example than the one above. But again, China owning up to its wrong doings is a great way to avoid these types of threats.

Regarding vehicles: From numerous sources, including a CBC article, dated 10/1/24, Biden currently has a 100% tariff on Chinese EV imports. So why do you consider this not to be a tariff issue when it is most certainly that?

The 100 per cent tariff on imports of Chinese-made EVs (and some hybrids), including cars, buses, trucks and delivery vehicles, takes effect on Tuesday after a 30-day consultation period over the summer. A 25 per cent surtax on steel and aluminum imports from China will kick in on Oct. 15.

I'm going to assume you're either too young to have been really impacted by Trumps first term or you have a sudden case of amnesia. In reality, it was a great time for all, including minority families, resulting from tax reduction. For the first time in my life a president said he would reduce taxes, and not only did he do just that, you could literally look at your next check and see the measurable difference. Again, never seen that before.

Let's not forget 401ks were on fire too during 2016-2020. All families benefitted, including minority homes, from the positive affects of these policy changes. So many people in general felt those positive affects, they just voted in 4 more years of it, while resoundly rejecting the failed policies of the last train wreck administration.

Just answer this, please. If people were better off under Biden, why didn't they keep voting for his policies? Instead they left in droves. Why is that? Maybe all the feel good charts going around saying how happy they should be under Biden, didn't change the fact they were getting killed at the pump and grocery store? Those well worded talking points never put food on tables or money in the account.

Respectfully, your line about people making 7 figures being some of the few to benefit from these tax cuts is just not true. A rising tide lifts all boats. Sorry, had to get my cliche moment in there somehow. And let's not forget that by earning 7 figures, you are not rich, or well off, or really anything special at all, in most major cities these days.

Like I said. Trump lost in a landslide. The tax cut was the least popular tax cut of all time. He got crushed in 2020 for a reason. Nobody remembered the tax cut by even just the midterms unless you got a six figure break, which some did, but obviously not people in Trump +40 districts. He had to lie in 2018 about passing another middle class targeted cut (which they never did) because the first was so unpopular. But I work in finance, if you want to give us an extra 10 million over 4 years plus lax regulations plus these tariffs which are going to be a goldmine for random rent seeking industries we’ll take it lol.

Crushed? Trump increased the number of voters from 62.9 million in 2016, to 74.2 million votes in 2020. Adding ~11 million voters is excellent when compared to everyone else. Ds and Rs should both strive for that level of growth. That increase in voter turnout would not only have won the election for Kamala, but is even more impressive when you take into consideration he was also running against MSM, social media and another presidential canidate all at the same time.

I work in real estate development and 10 million over 4 years is a drop in the bucket when compared to the money pouring into our industry now that Trumps won. And yes, I most certainly want to see more lax regulations for you.....you're welcome.

Lol I obviously wasn't talking about to the industry. If you think the average family is going to be great under Trump even though 81 million voted against him in 2020......well that's why I just posted the video. People who claim they are struggling and can't afford eggs right now are probably not going to be doing much better after a second Trump term than they did under a first. But obviously it might not be possible to explain it to them anymore than Mac and Dennis understand their system And being in real estate I'm sure lax and incompetent regulation in the derivatives markets and the financial sector poses no risks at all to you!

Incompetence poses a risk to everyone, obviously. I said real estate development though, not real estate. Many differences. But I do understand your point.

Is lax and incompetent the same to you? I'm not understanding why you're lumping the two together. In many industries less regulation works just fine. Other places excessive regulation is a must due to extreme safety concerns.

Yeah, I know what Trump says. Trump also said he'd build a 2000 mile wall and that Mexico would pay for it. Sounded like complete bullshit, and I didn't believe that either. Tbh, it would be easier for him to build a 2000 mile wall and have Mexico pay for it than make fentanyl disappear; which is to say, it's not going to happen.

But what I'm asking you is in what way do you think tariffs levied against China (for whatever reason they are levied) is going to directly cost them?

Quote the post where I said it wasn't a tariff. If you're trying to pull the "oh, it's not a tariff if Biden does it, eh?" then you're barking up the wrong tree.

Since you brought it up, the tariff is in place to ensure no Chinese EV's are sold in America. Were you planning on buying one any time soon? How about a microwave or some other home appliance?

Trump did an unprecedented thing that no economist and investor in the markets understand .
Creating around 4 trillions of debt up to end of 2019 with a record low unemployment, no inflation , no recession , extremely low interest rates , record high stock market at the time etc …

And people wonder why today we have such a high debt while at the same time Praising trump that was throwing money around and they felt good under him ?

Ffs, people think biden was bad because they know **** about the economy and why it was bad post trump and why it was good under trump ….

First he isn’t and second no one in their right mind would say a PM putting the country at the top of increase production of oil in the world be against oil !

But yes sadly climate changes do matter and still he manages to be absolutely great for oil industries bottom line profits and production increases .

Lowering production would actually be against oil .

But we all know in the Canadian thread if Justin would of 5X increase production of oil u still would say he ain’t great and he spend like 30-40 billions of tax payers money for a pipeline to help the oil Industries exportation and u still claim him an anti oil so …..what else to say ?!?

Sorry you feel being factually correct is seen by you to be personal attacks .

Just answer this, please. If people were better off under Trump, why didn't they keep voting for his policies? Instead they left in droves

Lax at anything usually implies incompetence . You can be incompetent not lax. The first trump admin was both. People in the hedge fund and private industry camp hope to take advantage of it, like in the first trump term. Maybe it’ll be different his time but no reason to think so.