The Trump Tariffs thread

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Iron Woode

Elite Member
Super Moderator
Oct 10, 1999
31,138
12,651
136
So a country negotiating prices with pharmaceutical companies directly is an unfair trade practice according to these dumbfuck lobbyists to this even dumber administration?

why doesn't that surprise me?

Since when is buying generic drugs an unfair trade practice? Isn't that the point of generics in the first place?
 
Reactions: DAPUNISHER

K1052

Elite Member
Aug 21, 2003
50,862
42,623
136
Trade wars are fun and easy to win, cont'd:

Exclusive: Proposed US port fees on China-built ships begin choking coal, agriculture exports

Trump is drafting an executive order that would rely on funding from a U.S. Trade Representative proposal to levy fines of up to $1.5 million on China-made ships or vessels from fleets that include ships made in China.

Those potential port fees have limited the availability of ships needed to move agriculture, energy, mining, construction and manufactured goods to international buyers, according to major U.S. exporters and transportation providers in interviews with Reuters, letters to U.S. officials, and comments ahead of USTR hearings next week.
Vessel owners have already refused to provide offers for future U.S. coal shipments due to the proposed USTR fees, Xcoal Energy & Resources CEO Ernie Thrasher said in a letter to U.S. Department of Commerce Secretary Howard Lutnick dated March 12 and seen by Reuters.
Enacting and implementing those fees could cease exports of U.S. coal within 60 days, putting $130 billion worth of shipments at risk, Thrasher said. He said the fee structure could add up to 35% to the delivered cost of U.S. coal, making it uncompetitive on the global market.

Very few maritime operators will be able to document that their annual share of U.S. exports meets the required 20% carried on U.S. built, U.S flagged vessels, shipping association BIMCO said in USTR comments dated March 17.
That could meaningfully curtail U.S. energy exports - "specifically liquid natural gas (LNG) as no US built, US flagged LNG carriers are in operation nor on order," said BIMCO, which added that chemical exports could be severely affected as well.
U.S. farmers, who are already getting pummeled by retaliatory tariffs from China, Mexico and Canada, also are caught in the crossfire of the Chinese ship fee fight, the American Farm Bureau Federation said.
The inability to secure ocean freight transportation from May and beyond has restricted their ability to sell bulk U.S. agricultural products like corn, soybeans and wheat because exporters are unsure what the final cost would be, three U.S. grain export traders told Reuters.
 

Indus

Lifer
May 11, 2002
14,064
9,825
136
Dunno why I had the nostalgia to play an old MMO again.. reinstalled it.. went back.. said hi to old friends and got a lecture on why they love Trump.

1. Tariffs.. they love em.. they'll balance everything out and it'll be great for America

2. They love him because he's running the country like a business and cutting unneeded expenses

3. They love him because he's destroying those who killed so many with COVID misinformation.

4. They love him and hope they can get jobs in this new Trump economy but they've not heard any replies to the 100+ job applications

/sigh

Totally killed my desire to play that mmo.. but at least I didn't get into a political fight.. I somehow have a good knack of just listening and not arguing with people..
 
Reactions: DAPUNISHER
Dec 10, 2005
27,231
11,388
136
Dunno why I had the nostalgia to play an old MMO again.. reinstalled it.. went back.. said hi to old friends and got a lecture on why they love Trump.

1. Tariffs.. they love em.. they'll balance everything out and it'll be great for America

2. They love him because he's running the country like a business and cutting unneeded expenses

3. They love him because he's destroying those who killed so many with COVID misinformation.

4. They love him and hope they can get jobs in this new Trump economy but they've not heard any replies to the 100+ job applications

/sigh

Totally killed my desire to play that mmo.. but at least I didn't get into a political fight.. I somehow have a good knack of just listening and not arguing with people..
Your old mmo friends are idiots and they're festering in their stupidity.
 

K1052

Elite Member
Aug 21, 2003
50,862
42,623
136
This brilliant plan essentially guarantees every port that is not LA/Long Beach and Newark goes tits up. The container logjam will again reach historic proportions as they are overwhelmed.


Trump wants to build more ships in the United States. It’s not so simple.

Such upheaval in shipping schedules would have consequences for large and small ports. Container ships normally operate like waterborne buses, making scheduled stops at multiple ports along a coastline.
But facing fees that might reach $3.5 million for each stop, they would probably choose to unload all of their cargo in just one place, such as the Port of Los Angeles, executives said.
“You are absolutely going to disrupt the U.S. economy. You’ll create covid-like congestion at places like L.A., Long Beach and New York,” said Joe Kramek, president of the World Shipping Council, which represents the major ocean carriers.

Some vessel operators already are trying to cancel contracts with some U.S. ports and delaying negotiations on new agreements “due to the uncertainty of costs associated with trading with the United States,” Brett Bourgeois, executive director of the New Orleans Board of Trade, said in written comments on the USTR proposal.


Bulk exporters fuuuucked too:

Fewer vessels docking at smaller ports such as Oakland, California, would make it harder and more expensive for major U.S. exporters to ship their goods to foreign customers, and it would affect imports as well. Farmers who rely on bulk carriers to move grain and other commodities would be hit especially hard, forced to send their crops hundreds of miles overland to Southern California.


The proposed fees “will have catastrophic effects on U.S. exports,” Kevin LaGraize Jr., president of Southport Agencies in Metairie, Louisiana, said in written comments submitted to USTR.


Not mentioned in the story are the energy imports and exports. No US made LNG carriers exist and there are only a handful of oil tankers. Total disaster and contracts will be breached.
 

misuspita

Senior member
Jul 15, 2006
660
777
136
I wish this would happen... So the billionaires start hurting too. Then reload the game to the 2015 save
 

RalphTheCow

Senior member
Sep 14, 2000
862
315
136
In the “even a blind pig finds an acorn once in a while” sense, starting the stupid tariffs on April 2 instead of on April Fool’s Day” was a rare show of good judgement from the economy-wrecker-in-chief. .
 

K1052

Elite Member
Aug 21, 2003
50,862
42,623
136
Apparently the admin isn't getting enough bad press today so Trump is expected to announce auto tariffs.
 

K1052

Elite Member
Aug 21, 2003
50,862
42,623
136
what is the amount of American cars we export vs Foreign cars we import?

Looks like 7.7M units imported in 2024. Exports look in the neighborhood of 1M.

The real question is if the tariff is applicable to auto parts and assemblies which might cross the border multiple times.
 

DZero

Senior member
Jun 20, 2024
780
292
96
Looks like 7.7M units imported in 2024. Exports look in the neighborhood of 1M.

The real question is if the tariff is applicable to auto parts and assemblies which might cross the border multiple times.
For Trump there is no difference except if is called Tesla and even if has Russian parts
 
Reactions: Indus

GodisanAtheist

Diamond Member
Nov 16, 2006
7,809
8,872
136
Looks like 7.7M units imported in 2024. Exports look in the neighborhood of 1M.

The real question is if the tariff is applicable to auto parts and assemblies which might cross the border multiple times.

-Confusion surrounding the details of a Trump policy? You don't sayyyyyyy
 
Jan 25, 2011
16,891
9,292
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So now they are saying it’s only on the parts not made in the US. What’s the problem you ask? How the fuck do you quantify that when most parts travel back and forth several times during assembly phases.

Pure geniuses I tell you.
 

sdifox

No Lifer
Sep 30, 2005
98,528
17,109
126
So now they are saying it’s only on the parts not made in the US. What’s the problem you ask? How the fuck do you quantify that when most parts travel back and forth several times during assembly phases.

Pure geniuses I tell you.
Easily solved. Just stamp Made in USA on everything. Trump can try to disprove it.
 

outriding

Diamond Member
Feb 20, 2002
3,886
3,182
136
So now they are saying it’s only on the parts not made in the US. What’s the problem you ask? How the fuck do you quantify that when most parts travel back and forth several times during assembly phases.

Pure geniuses I tell you.

Well duhh if it is a 100 part and there is a 25% tariff on it and it passes the border 3 times it is now 195

Math bitches!
 
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K1052

Elite Member
Aug 21, 2003
50,862
42,623
136
Naturally as Canada begins work to reorient away from the US somebody is getting mad.

In a late-night social media post, President Donald Trump threatened Canada and the European Union if they worked together to “do economic harm” to the United States, hours after the Trump administration announced 25-per-cent tariffs on foreign auto imports.
“If the European Union works with Canada in order to do economic harm to the USA, large scale Tariffs, far larger than currently planned, will be placed on them both in order to protect the best friend that each of those two countries has ever had!” he wrote on Truth Social.
On Wednesday, Mr. Trump signed an executive order that imposes 25-per-cent tariffs on vehicles and some auto parts imported into the U.S., starting April 2.

https://archive.is/IXuyK
 
Reactions: Indus

Indus

Lifer
May 11, 2002
14,064
9,825
136
Lol and this is before they actually start hitting people's wallets which they are going to like a lot less.

Clearly Trump wants to make America into Cuba under Fidel Castro.. where everyone drives around in ancient cars and the country is poor as shit!
 
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