Do tariffs raise consumer prices as much as the panicking politicians say? (Page 5): One needs to understand that Trump is not using tariffs to stop Mexican imports, it's used to make...

MR Mister Loc: Washington DC

One needs to understand that Trump is not using tariffs to stop Mexican imports, it's used to make Mexico
do its job and block the invasion into America from the south. Most all these people get aid from there home countries so leaving for America is a big plus.

debeda

MR Mister wrote:

One needs to understand that Trump is not using tariffs to stop Mexican imports, it's used to make Mexico
do its job and block the invasion into America from the south. Most all these people get aid from there home countries so leaving for America is a big plus.

1ProudAmerican

Radiance3 wrote:

\

================
McConnell did not agree with president Trump's tariff with Mexico,
McConnell does not seem to understand how our economy works. Here is why tariffs are needed to fix our trade imbalance.

I have explained earlier that tariffs are necessary to fix our trade imbalance. Unless we correct our trade imbalance with countries like Mexico, China, and Canada, US will succumb economically, and won't be able to recover. Tariff is the only means possible to fix this. It is a very difficult choice, President Trump knows it. People don't seem to understand. But we allowed this dreadful thing happen for a long time, without doing anything.

We Americans need self-discipline. We must have a little sacrifice with this tariffs, as an investment for the future of our children. Because if we don't fix trade imbalance right now, more adverse situation will happen. Our national debts will keep on soaring. See effects below.

For tariffs, we the consumers, pay a little higher price. The tariff is a duty saved into our US Treasury.
And you know what will happen when tariff is impost, US consumers will buy less from imports. Therefore companies abroad losing sales will come home to the US and do business at home to meet a competitive price. We then lessen our imports, and our trade imbalance will be corrected. We add more employment..

In 2018 our imports from Mexico was $371.9 billion versus our exports of $299.1 billion, a trade deficit of $72.8 billion.

As of 2017: Our trade deficits with major trading partners.
China - $660 billion traded with a $419 billion deficit.
Canada - $617 billion traded with a $20 billion deficit.
Mexico - $611 billion traded with an $81 billion deficit.
Germany - $184 billion traded with a $68.2 billion deficit.
Japan - $218 billion traded with a $67.6 billion deficit.

Other adverse effects of our trade deficit with China. Our deficits are financed by our national debts. The more trade imbalance we have our national debts increases every year. China has financed about 23% of our national debts due to imbalance of trade. Currently our national debts is $22 trillion, we owe from China $5 trillion. That is 23% of our national debts is owed to China. How did it happen? Every time we incur trade imbalance with China, it is added to our national Debts.

That is why, it is imperative that we must correct our trade imbalance with China otherwise in the long run China could foreclose our US industries and take over.

Solutions to our trade imbalance is TARIFFS. No other better choices. People must understand this.

However, the United States exported more services than it imported. It exported $828 billion in services while importing only $558 billion. That created a trade surplus of $270 billion for the US.

If I were the economist, we must expand on trades of services, expand our trade with manufactured goods, minimize drug imports by lowering price of our manufactured drugs, expand consumer goods, but minimize trading of intellectual properties since China has been stealing it.

Here's how much each category contributed to the trade surplus in services:
Intellectual property, as measured by royalties and license fees -- $79 billion.
Travel-related services and transport -- $54 billion.
Computers and other business services -- $55 billion.
Financial and insurance services -- $63 billion.

Consumer products and automobiles are the primary drivers of the trade deficit. In 2018, the United States imported $648 billion in drugs, televisions, clothing, and other household items. It only exported $206 billion of these consumer goods. The imbalance added $442 billion to the deficit. America imported $372 billion worth of automobiles and parts, while only exporting $159 billion. That added $214 billion to the deficit. Total deficit for these alone was $656 billion.

\ br br ================ br McConnell did not agr... (show quote)

EXCELLENT post...not post it in crayon so the Demon-Rats can read and understand it. Maybe they could get their grandkids to explain it to them.

woodguru

Washers, dryers, and refrigerators are up, the Weber Genesis 4 burner barbecue I just bought went up something like a hundred and fifty dollars to $1150

woodguru

MR Mister wrote:

I'm not talking about abortion, I'm talking about killing a baby that... has already been born and then killed. That's called MURDER. The Democrats have no problem with this.

O' by the way there are over 60 methods of birth control. No woman should ever get pregnant unless she wants too. Well, any smart woman.

How can you even repeat ignorant crap like that, no doctor or hospital would kill a baby that had been born.. unless it was induced because of some defect that was threatening the life of the mother and has no likelihood of surviving outside of the womb. One such disease is one which the baby has no kidneys

Radiance3

1ProudAmerican wrote:

EXCELLENT post...not post it in crayon so the Demon-Rats can read and understand it. Maybe they could get their grandkids to explain it to them.

================
I made it so simple like a classroom lecture so that the DEMONRATS could understand and NOT DENY. Obama had overlooked that for 8 years. Our National Debts had grown so much because of the imbalance of trade. And president Trump had to make the hard choice to fix it. And still they hate him by doing that. The libs and some rhinos.

Mexico tariff is considered to be delayed at present. Stocks are rising as a result. I believe if Mexico could help stop the influx of illegals thru their location, that could be beneficial. Trade imbalance with Mexico is immaterial compared to that of China.

Still I suggest we Americans must have self-discipline. I think, many of us are used to be so dependent buying cheap quality, low price from foreign countries.

China applies child labor thus lower overhead. They also lower value of their yuan currency to taking advantage of lowering prices sent to the US. Therefore we buy more from them, adversely affecting our trade imbalance.

Larry the Legend Loc: Not hiding in Milton

MR Mister wrote:

One needs to understand that Trump is not using tariffs to stop Mexican imports, it's used to make Mexico
do its job and block the invasion into America from the south. Most all these people get aid from there home countries so leaving for America is a big plus.

You're absolutely right. Tariffs are about all he has left to use as a lever to push the Mexican government to pay attention. If the Democrat led House would step up and do its job, there would be no border crisis and no need of tariffs intended to make the Mexican government do what it's supposed to do - control it's borders. You won't hear any of this on the MSM and it certainly won't make the papers. The laws are there. The will to act is on a hair trigger. The funds are severely lacking. This crisis has been portrayed by certain politically motivated individuals as some racist or xenophobic attack on our southern neighbors. It is really a crisis or epic proportions because there are thousands of criminals and criminal gangs operating with impunity across the southern border and the Democrat led House has refused to fund the necessary steps to secure it.

The real crisis is in Washington where politicians are busy playing politics while the southern border burns. The real shame is that many Americans will not recognize that fact.

debeda

woodguru wrote:

How can you even repeat ignorant crap like that, no doctor or hospital would kill a baby that had been born.. unless it was induced because of some defect that was threatening the life of the mother and has no likelihood of surviving outside of the womb. One such disease is one which the baby has no kidneys

According to the governor of Virginia that's EXACTLY what they do. Oh, and BTW, the governor of Virginia is a pediatrician. You need to read up on this spreading atrocity before you spout off, Woody. Listen to the governor of Virginia's complete press conference from when Virginia passed this law in his very own words

debeda

Radiance3 wrote:

================ br I made it so simple like a cla... (show quote)

I heard a commercial on the radio today for Penny mustard furniture that said tariffs didn't do a thing to their prices because their furniture is made in America with American produced goods

Radiance3

debeda wrote:

I heard a commercial on the radio today for Penny mustard furniture that said tariffs didn't do a thing to their prices because their furniture is made in America with American produced goods

===============
It is fact that American products are much better quality than the imported Chinese. Besides we utilized our own labor force. There is patriotism there.

It is worth the difference of the price.

debeda

Radiance3 wrote:

===============
It is fact that American products are much better quality than the imported Chinese. Besides we utilized our own labor force. There is patriotism there.

It is worth the difference of the price.

TRUE STORY, Radiance

JoyV

Radiance3 wrote:

\

================
McConnell did not agree with president Trump's tariff with Mexico,
McConnell does not seem to understand how our economy works. Here is why tariffs are needed to fix our trade imbalance.

I have explained earlier that tariffs are necessary to fix our trade imbalance. Unless we correct our trade imbalance with countries like Mexico, China, and Canada, US will succumb economically, and won't be able to recover. Tariff is the only means possible to fix this. It is a very difficult choice, President Trump knows it. People don't seem to understand. But we allowed this dreadful thing happen for a long time, without doing anything.

We Americans need self-discipline. We must have a little sacrifice with this tariffs, as an investment for the future of our children. Because if we don't fix trade imbalance right now, more adverse situation will happen. Our national debts will keep on soaring. See effects below.

For tariffs, we the consumers, pay a little higher price. The tariff is a duty saved into our US Treasury.
And you know what will happen when tariff is impost, US consumers will buy less from imports. Therefore companies abroad losing sales will come home to the US and do business at home to meet a competitive price. We then lessen our imports, and our trade imbalance will be corrected. We add more employment..

In 2018 our imports from Mexico was $371.9 billion versus our exports of $299.1 billion, a trade deficit of $72.8 billion.

As of 2017: Our trade deficits with major trading partners.
China - $660 billion traded with a $419 billion deficit.
Canada - $617 billion traded with a $20 billion deficit.
Mexico - $611 billion traded with an $81 billion deficit.
Germany - $184 billion traded with a $68.2 billion deficit.
Japan - $218 billion traded with a $67.6 billion deficit.

Other adverse effects of our trade deficit with China. Our deficits are financed by our national debts. The more trade imbalance we have our national debts increases every year. China has financed about 23% of our national debts due to imbalance of trade. Currently our national debts is $22 trillion, we owe from China $5 trillion. That is 23% of our national debts is owed to China. How did it happen? Every time we incur trade imbalance with China, it is added to our national Debts.

That is why, it is imperative that we must correct our trade imbalance with China otherwise in the long run China could foreclose our US industries and take over.

Solutions to our trade imbalance is TARIFFS. No other better choices. People must understand this.

However, the United States exported more services than it imported. It exported $828 billion in services while importing only $558 billion. That created a trade surplus of $270 billion for the US.

If I were the economist, we must expand on trades of services, expand our trade with manufactured goods, minimize drug imports by lowering price of our manufactured drugs, expand consumer goods, but minimize trading of intellectual properties since China has been stealing it.

Here's how much each category contributed to the trade surplus in services:
Intellectual property, as measured by royalties and license fees -- $79 billion.
Travel-related services and transport -- $54 billion.
Computers and other business services -- $55 billion.
Financial and insurance services -- $63 billion.

Consumer products and automobiles are the primary drivers of the trade deficit. In 2018, the United States imported $648 billion in drugs, televisions, clothing, and other household items. It only exported $206 billion of these consumer goods. The imbalance added $442 billion to the deficit. America imported $372 billion worth of automobiles and parts, while only exporting $159 billion. That added $214 billion to the deficit. Total deficit for these alone was $656 billion.

\ br br ================ br McConnell did not agr... (show quote)

Thanks so much for this economics lesson. I had only a general idea that our trade imbalance affected our national debt before reading your post.

JoyV

debeda wrote:

According to the governor of Virginia that's EXACTLY what they do. Oh, and BTW, the governor of Virginia is a pediatrician. You need to read up on this spreading atrocity before you spout off, Woody. Listen to the governor of Virginia's complete press conference from when Virginia passed this law in his very own words

Absolutely. I couldn't believe what I was hearing when it first came out.

But it would be a good idea to post a link to his press conference and/or a transcript.

JoyV

debeda wrote:

I heard a commercial on the radio today for Penny mustard furniture that said tariffs didn't do a thing to their prices because their furniture is made in America with American produced goods

Yup!

debeda

JoyV wrote:

Absolutely. I couldn't believe what I was hearing when it first came out.

But it would be a good idea to post a link to his press conference and/or a transcript.

Yeah I've had a crazy day just checking in b4 bed. If I thought any of the lefties would listen I'd post it on every thread, but I posted it when it first came out and our OPP lefties defended it or said it wasn't true ( they didn't listen). Not worth hunting. Thanks, JoyV I always enjoy your conversation