Tariff war and it's impact on trucking

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Poor alcoholics!

 

Tariffs are to get rid of the income tax. Instead of using income tax (the people) to fund the gov. Tariffs will fund the gov. Instead of passing a waste of money bill like the last regime did to hire a bunch of IRS agents. Now the IRS isn’t really needed to be funded. Less Gov spending. Tariffs will make this country enough money on its own.

 

Tarrifs don't work like a magic wand. It would take much longer than one, two or four presidential terms for the effects to present themselves in reestablishing domestic manufacturing base, if that's the main purpose of it. That's highly unlikely with the voting patterns of the last 50 years. It was tried during Trump first term. China can and will manipulare their currency to offset tarrifs burden.
This stick has two beating ends and you - common mortals, will be first to feel the whoopin when you buy your stuff at Amazon, Costco, Walmart because lots of it comes from abroad. You'll feel it too when you buy a set of new tires for your truck because more expensive Double Coins will make Michelines and Bridgestones go up in price too.

Were there not tarrifs on agricultural machineries what plunged this country into the civil war 160 years ago?

 

Double Coins are not what they used to be.
I have had to many failures with them...

 

Not the most political person, but it seems the prez wants brake drums made in Pittsburg again, not Mexico or Canada. That was okay in 1967, but today, the world is so intertwined, I don't think it can work. At 70, the decisions made today will have little effect on me, but did you ever see the movie "Wall-e"? With money blowing in the wind like garbage on a planet that has become uninhabitable? Good luck with that,,,

 

These tariffs are there for a reason, to get these two countries to work with us, which they have refused to do.

Canada needs our dollar, they need our importing their goods, 25% will damage their economy and they may not rebound from it where we can absorb the higher prices.

Mexico is controlled by the cartels, they have supported an invasion of our country, normally this is considered an act of war, and it should have been treated as such. This is a country that we need to fight to stop the cartels.

 

I was going to say Mexico is a Narco state that is flooding our border with drugs, violence and illegals. Many of whom are not Mexican, but Mexico allows them safe passage to our door step. And china has waged a silent war for years. They steal intellectual property, support and prop up our enemies and they are in bed with the Narcos that are flooding this country with fentanyl. I say bring on the tariffs and bring these countries to heel. The cost of these cheap goods and labor it too high.

 

I’m wondering how everything will shake out. Inflation, housing, interest rates, wages. Everything’s out of whack. I expect a short boom regardless. Hopefully we can avoid an inevitable recession and housing correction. All these things need to somehow come together in line with norms. I can’t see how housing can avoid a drop in prices. Wages will have to go up, and rates go down. Not counting on either happening soon.

 

"The Republican campaign orators and pamphleteers say that the various import duties levied by Congress are paid by the foreigners who send goods to America, and they deny point blank that the price of any article which may be called a necessary expense will be increased to Americans by the operation of the new tariff law. Fortunately for those who believe in tariff reforms, the question as to who pays the tariff taxes, and likewise the pleas which are made in answer to this question by the partisan defenders of the new law, may be referred to the arbitrament of incontestable facts. It is no longer necessary to meet theories with theories. Let the facts, which are multiplying every day, tell who it is that pays the onerous tariff taxes. They will answer that the American people pay these taxes and that the burden of them rests most heavily upon the poor, inasmuch as there are very few of the necessities of life the prices of which are not increasing on account of the McKinley tariff." New York Times, October 21, 1890.

McKinley went on to become a free trade advocate. Tariffs haven't been an effective revenue source since before WWI.