[rsmurano]

Tariffs are brilliant. Why should WE suffer from other countries putting tariffs on our products when we accept items from other countries with no tariffs? People are naive in this area. Why should our farmers, car manufacturers, lumber products, and our other manufacturers have tariffs on their products from other countries that restrict us from selling in those countries? People are so narrow minded to disregard these facts because our new tariffs might cost them a few cents while working things out.

You think taking the tariffs off now to wait for new businesses to come online is a good idea? The worst idea and it will never work. Another short sightedness people have. Something has to happen before we Americans make a move. Just like in other areas, when things start to get more expensive, we have alternatives. For example, we have so many options on energy sources but some of them cost more, but when energy gets to be a certain price, some of those more expensive options start coming into play.

Americans don’t want t-shirt/shoe manufacturing here in the states, we want the AI businesses, the more high paying jobs here, which is starting to happen. But I don’t want to see Vietnam impose huge tariffs on our goods coming into Vietnam so our farmers/car manufacturers can’t play in that country. How fair is that.

We need to stop America being a cash cow for the world.

[Bill14564]

Originally Posted by CybrSage

VAT is not charged on things made locally, it is charged on things not made locally.
VAT, in the EU is not charged on things made in the EU, it is on things made in the US and other non-EU countries.
A 20% VAT is simply a 20% tariffs that the consumer pays directly.

This is simply incorrect. VAT is charged at each step of production including the final sale.

Charging VAT on US goods overseas is equivalent to collecting State Sales Tax on foreign goods sold in the US. In both cases the taxing authority collects on the final sales and the consumer pays the tax.

[Bill14564]

Originally Posted by rsmurano

Tariffs are brilliant. Why should WE suffer from other countries putting tariffs on our products when we accept items from other countries with no tariffs? People are naive in this area. Why should our farmers, car manufacturers, lumber products, and our other manufacturers have tariffs on their products from other countries that restrict us from selling in those countries? People are so narrow minded to disregard these facts because our new tariffs might cost them a few cents while working things out.

....

That exact argument is being tossed back at the US today.

It would be nice to see a table of what tariffs US products are subject to in foreign countries and compare that to the new, across-the-board 10% tariff and the paused "reciprocal" tariffs..

[Topspinmo]

Originally Posted by jimhoward

I think China stopping delivery of Boeing aircraft will be very painful to us as Aircraft are one of the most important products that we export. It’s bound to hurt our trade deficit even if Boeing does have a backlog,

I also think the tariffs on Chinese products will prove painful because I don’t see companies rushing to manufacture in the us based on tariffs that could easily be repealed in the future. Regardless prices on goods will increase.

It seems like we are losing on both ends.

You do know we’re 36 trillion plus last time I looked in debt. It generates funds for our government and try to get fair trade. Something that hasn’t happened since WW2. We rebuild civilized world and what did we get for it? Cheated.

[Topspinmo]

Originally Posted by Bill14564

That exact argument is being tossed back at the US today.

It would be nice to see a table of what tariffs US products are subject to in foreign countries and compare that to the new, across-the-board 10% tariff and the paused "reciprocal" tariffs..

I see you partially don’t care about US? Why?

[Topspinmo]

Originally Posted by Andyb

What bothers me is China makes most of our prescription medicine. What are we really getting? They don’t care. Time to bring manufacturing back to the US.

They make it cheap and drug companies hike price 3000 precent plus.

[Kenswing]

China halting deliveries of Boeing might hurt for awhile but they may more than make up for it if tariffs on Airbus planes cause U.S airlines to cancel their orders and switch them to Boeing.

[Topspinmo]

Originally Posted by jimjamuser

I don't think that IF the decoupling vote were held today that it would pass. With the US self-destructing, the UK and Europe will have many advantages, including attracting high quality University students.

Been self destructing since mid 60’s? Why? You know why?

Yes, we need more over educated mouths criticizing.

[fdpaq0580]

Originally Posted by RICH1

EXACTLY .... Corporate Greed !
evidently Americans have a difficult time with their memory!
China will Capitalize on Our terrible Trade policies..

Just business. Nothing personal.

[Caymus]

Apparently, China's orders are 3% of Boeing's backlog.

https://www.msn.com/en-us/money/comp...ce541609&ei=22

[jimjamuser]

Originally Posted by CybrSage

VAT is not charged on things made locally, it is charged on things not made locally.
VAT, in the EU is not charged on things made in the EU, it is on things made in the US and other non-EU countries.
A 20% VAT is simply a 20% tariffs that the consumer pays directly.

Tariffs are a REGRESSIVE tax, like a sales tax, that disproportionately hurts LOWER income earners. The end goal is to redistribute dollars from the working class to the wealthy class. Also, today we have fewer IRS agents so it is easier for the RICH to CHEAT on their income taxes.

[jimjamuser]

Originally Posted by Arctic Fox

Americans started buying Japanese cars in quantity in the 1970's, not because they were unpatriotic but because they wanted a reliable vehicle that would get them from A to B. American cars, largely made in unionized factories, were not fit for purpose.

Merely shifting production back to the USA is not going to work unless quality, and value for money, can be assured.

Another reason for shifting back to America to make things is that those manufacturing skills will be needed in case the US ever goes to WAR.

[jimjamuser]

Originally Posted by rsmurano

Tariffs are brilliant. Why should WE suffer from other countries putting tariffs on our products when we accept items from other countries with no tariffs? People are naive in this area. Why should our farmers, car manufacturers, lumber products, and our other manufacturers have tariffs on their products from other countries that restrict us from selling in those countries? People are so narrow minded to disregard these facts because our new tariffs might cost them a few cents while working things out.

You think taking the tariffs off now to wait for new businesses to come online is a good idea? The worst idea and it will never work. Another short sightedness people have. Something has to happen before we Americans make a move. Just like in other areas, when things start to get more expensive, we have alternatives. For example, we have so many options on energy sources but some of them cost more, but when energy gets to be a certain price, some of those more expensive options start coming into play.

Americans don’t want t-shirt/shoe manufacturing here in the states, we want the AI businesses, the more high paying jobs here, which is starting to happen. But I don’t want to see Vietnam impose huge tariffs on our goods coming into Vietnam so our farmers/car manufacturers can’t play in that country. How fair is that.

We need to stop America being a cash cow for the world.

We can have AI. But, the problem is that the US work force is NOT engaged in enough manufacturing. A chart of MANUFACTURING shows it going down steadily since 1950 until today only 9.7 % of Americans are working in manufacturing. That would hurt the US in case of WAR.

[Pugchief]

Originally Posted by daniel200

Dollar Stores will disappear. $5 stores will replace them.

That ship has sailed. Dollar Tree has been $1.25 for a long time and they have full aisles where the merchandise is $3-5

[Pugchief]

Originally Posted by OrangeBlossomBaby

Communism. Which is something this country isn't interested in.

It certainly should be something this country isn't interested in, but there are lots of Gen Z and Gen Alpha young people who feel otherwise. It's hard to understand, and it's sad.