It’s Tariff Time, Again

[@christinamay2463]

This episode is a good example of what I’d like to see in the next election cycle. Deeper dives into key issues relevant to voters and how each party has addressed them or plans to address them.

[@NuanceOverDogma]

ok bot

[@newsjunkie8577]

What is unsaid in this podcast is the reason why companies like Intel and Boeing have fallen so far behind. Many American companies have spent decades spending their profits, and/or outright borrowing money, to buy back their own stocks, instead of investing in the companies' infrastructure, employees, and R&D. Companies in countries that did not do these types of grifting maneuvers by upper management end up in better positions as they did invest routinely in their employees, infrastructure, and R&D. American executives who made excessive amounts in compensation doing a leveraged buyout of their own companies from the inside are the ones to blame for ruining America's standing.

[@Mor_timer]

let's be real... these companies are not fleeing the US because of a lack of investment, they are looking for cheaper labor. which is why from the US's perspective, scaring them into staying put ( through tariffs) sounds like the better idea.

[@cassandratq9301]

You can't "scare them into staying put" with tariffs. 🙄 You can only drive them out of business due to high costs. And that doesn't even factor in retaliatory tariffs - which Mexico Canada + China have all said they will impose on exports, which will put the American companies out of business for sure. 🤦‍♀️

[@cassandratq9301]

@Mor_timer You can't "scare them into staying put" with tariffs. 🙄 You can only drive them out of business due to high costs. And that doesn't even factor in retaliatory tariffs - which Mexico Canada + China have all said they will impose on exports, which will put the American companies out of business for sure. 🤦‍♀️

[@elimeir8558]

Yes, and there’s nothing wrong with them looking for cheaper labor. That is why I don’t purchase from many companies. Also, those companies do not owe you a job you can open up your own business. Granted, opening up your own business requires a whole lot more effort than being somebody else’s surf. I mean employee.

[@fergalhennessy775]

China makes heavy use of tariffs to encourage domestic manufacturing. I’ve yet to hear anyone explain why they haven’t yet collapsed

[@bradjones5107]

​​@@cassandratq9301We have tariffs put on us by every country we do business with. It's called The Most Favored Nation clause from the WTO charter. America is always the Most Favored Nation. The reason why tariffs worked last time President Trump was in Office is because America is the Super Consumer Marketplace and every country wants to have access to us. To restrict that access is always devastating to their country or business. John Deere shouldn't have to move to Mexico because the prices on the parts they need are more expensive under their tariffs. Our country should be looking out for our citizens instead of China that's able to build entire cities (plural) nobody wants to live in. Or, our president shutting down America's Oil Production ending America's Energy Independence so he would be forced to buy oil from countries like Venezuela and collect his 10% for The Big Guy and causing a recession that's driving up the prices of everything!!!!

[@irockuroll60]

The democrats keep saying tariffs will raise cost. But, they claim raising minimum wage will not raise cost. How? Why?

[@HoagieBun]

It's all just propaganda.

[@grayrook2406]

It's a boxed talking point, like the other guy said, propaganda.

[@MrScaryLemonHead]

Your lack of a basic education is not surprising.

[@bwill1268]

Raising the cost of minimum wage would only raise cost of the products made by that company. If McDonald’s is paying $20 an hour that Big Mac you buying is costing $8-10

[@JustJ-gs3rx]

Just remember when they said raise the minimum wage they also never applied it to the cost of living crisis they’ve created! Also worth mentioning that all those back room outsourced jobs have always included bribes going back to the Big Guy but he just pardoned his son and all the evidence in his son’s laptop is now being thrown out of court because Presidential pardon which was going to blanket his own son’s activities for the last 10 years. And of people don’t believe this is wrong are the problem in America… Harris will be appointed President before January 6th and give Biden a Pardon along with a bunch of other people in his circle in their Administration. Ross Perot tried to warn American citizens that Free Trade will cost America jobs, he was absolutely right but he left out the fact that in Global Trade that there will be money exchanged for contracts awarded and only those individuals involved in our Government will become rich from all the shenanigans that will never be made public because they will also own the media and TV Stations who will never talk about what’s actually happened in our country. Every Congressional person involved should have been arrested and tried and convicted of crimes against our nation but so many were and still are that it’s probably never going to happen. AOC a bartender who was hand selected to represent New York won a Congressional seat, she has managed to get re-elected despite her record of being an embarrassment at her job and manages to have a net worth in the millions, there is something wrong with that picture. America has been sold out by the people in Congress and the president as long as he goes along with it, gets to serve two terms and gets a nice parting gift later… Look how much money the Obama’s have managed to make after he left office, must be some serious money when they can afford to own several multi million dollar homes scattered around the USA. That’s just the homes we know about…Nothing to see here, move along and be happy.

[@timoooo7320]

Investing in chip manufacturing is much bigger than "us manufacturing". Chips are a extremely important for national security. China can invade Taiwan with TSMC and would then have a monopoly on the highest tech chips. We have to be self reliant on the cutting edge chips. Investing in Intel is a no brainer because it's essentially the only company that would be vertically integrated in the US, from the design to the manufacturing.

[@easter_sunday]

I prefer tariffs to sanctions. Gosh, I wonder why the NYT never questions those even though they undermine reserve currency.

[@FearlessP4P1]

If Bidens approach is to invest in industries then with what money is the US investing with? Is it adding to the national debt? I’m basically ignorant on trade and the economy, but Trump’s approach logically sounds more complex, but also better in the long run. At least, from what I gather from this convo.

[@alejandrooviedo1981]

To Tru is are Country well NOT BE The SAME...No More in Control...

[@chillxxx241]

I’m glad they decided to look at these as more synergistic approaches towards the end of the podcast.

[@WhoisJohnGalt402]

Yes, and it's about time !

[@HerrFrankenstein]

Santa Claus is coming to town (with toys and tariffs).

[@Lochamp]

Ita hard to call tariffs either a failure or success because the policy whip saws back and forth by administration.

[@cassandratq9301]

This would have been more helpful BEFORE the election.

[@cassandratq9301]

@GSVSALES No, it's not. Trump + Fox News lied to you again. Read the letter the President of Mexico published to set the record straight. 🤦‍♀️

[@tara6664]

Does the US have the people to take on the extra manufacturing or will they let in more immigration to fill those positions ?

[@grayrook2406]

A little of both, we got a large under employed population. But legal imagination would also open up.

[@ChaosAndSunshineIsHere]

Are those pizza stones?

[@sohu86x]

Those are advanced chips. They go in many things like the cell phone and laptops we use.

[@jeremysmith9694]

It's the new design for the giant penny. A new idea they came up with. I for one think it's ridiculous.

[@armanke13]

They're chip wafers before they cut into dies. Not the kind you eat.

[@HarryMonn]

We should put tarriffs on high paying industries so we can bring back quality jobs. We should also put tarriffs on industries vital for national security or hostile countries, such as China. Tarriffing all goods from friendly nations like Canada and Mexico though is just stupid imo

[@markistheone947]

That’s why ppl cannot understand what you are saying, you assume that everyone can follow what you are saying. Proper example is to pick something like avocado at 1 dollar and with tariffs going to 2 dollars. The US industry will try to sell avocados for 2 dollars as it’s the price they have to compete with, not trying to reach the same price of 1 dollar from other world suppliers, so in the end is the consumer that gets to pay way more and lose buying power, while sometimes not even being able to produce the same quality due to environment, education, etc. sure consumers may swallow the new price losing buying power and creating inflation or it may not buy the product as it’s the double of what it used to be, making all investment and jobs being destroyed. Business ppl will not take that risk unless government picks the bill/risk, make taxpayers always the losers no matter what.

[@alicjakijewski3]

INVESTING???P wHO???

[@bradjones5107]

America is the Super Consumer Marketplace and every country wants access to it. We don't have to abide by the automatic tariffs put on us by the WTO in the Most Favored Nation clause from everyone country we do business with. We are always the Most Favored Nation even though we are 34 trillion dollars poor. President Trump's always right.

[@coffeebuzz69]

I havent seen this question asked... Did the tariffs that Trump imposed in his first term contribute to inflation experienced during Biden's term? I imagine if it did, and Biden didnt repeal those, it wouldnt have been politically valuable, but still, why isnt it a part of the discussion?

[@JohnDoe-sl6di]

He had selective tariffs on Chinese steel and agriculture and not the broad base tariffs against China, Mexico and Canada.

[@bander9]

Trump stated he'll put 100% tariffs on China and India. Tariffs are taxes and as the announcer stated, those taxes will be passed on to consumers in the USA, so if he taxes China, what useta cost you $50, then you'll pay $100 for it, sounds great for the USA economy? Sending Mexicans back to Mexico, with the US drug problem and lack of military recruitment, who going to war for the US, who's going to do the jobs? Prison-workers? News flash, look at the label on your shirt, underwear, appliances, etc., where are they being made?

[@emwebb10]

throwing out a conspiracy. wouldn't be surprised there will be increase in imprisonment meet that demand for cheap labor. With trump passing immunity laws for police, def can see them pushing arrest for people from specific groups.

[@cassandratq9301]

🎯

[@rbu2136]

Oh goodie let’s talk about how Biden kept all of Trump’s tariffs? Or nope let’s put down Trump for wanting to keep doing them? Let’s see.

[@jolness1]

Not all. Limited tariffs are not the same as 25% broad tariffs.

[@oldasrocks9121]

Biden went through them as line items and struck many. Turn off FOX

[@WackadoodleMalarkey]

You'll get joever it

[@Dan-dy8zp]

That didn't happen in the video. They decided the strategies may be complementary and are both similar because they are very protectionist.

[@JohnDoe-sl6di]

@@jolness1yes this is the correct answer

[@WBSummerlin]

Huh, I thought it was pardon time

[@eckharttolle-nq7qu]

❤ 🦤 DODO BIRDS !!!!! NO INFLATION HAPPENED THE FIRST TIME TRUMP USED TARRIFS .❤

[@MrScaryLemonHead]

Um…. How stupid are you? He had to give WELFARE to farmers because of his tariffs.

[@darensylvara7690]

Gave 23 BILLION to farmers because of tariffs.

[@eckharttolle-nq7qu]

@MrScaryLemonHead BIDEN LEFT THE TARRIFS IN PLACE 🦤 DODO. . HAVE YOU EVER HEARD OF THE LEAST WORST OPTIONS - THATS TU ABSTRACT FOR UR MIND . CANT LET ADVERSARIES WALK OVER US 😂😂😂😂😂😂😂😂

[@gary1128]

@eckharttolle-nq7qu ❤🦃 Turkey bird !! Do the research ! Find out what Trump did on the tariff issue his first time around. What I read, tells a far different story. Inflation ?? Here is the truth- Tariffs are a very complicated quagmire- more so than just about any issue. Other presidents have attempted to get involved, Bush Sr. and Clinton like Trump were soon in over the head, unlike Trump they bowed out. Trump, being stupid, lashed out at various countries- who reacted as they did in a reciprocal way. With China, Trump fucked the soy bean farmers, saying a deal was made to sell so many containers. Happy they could do business, they sent loads to the docks. The ships, lines, and China knew nothing of this deal. Contacted, the Chinese official that should know of this deal, expressed bewilderment- said no deal was made. Chinese people eat a whole bunch of soy beans. They would like soy beans. America’s soy beans are great, but not when they rot at the docks. Makin’ America great again- nope. Trump subsidized the farmers throughout his term. With money borrowed. Adding to the National debt. Remember that ? Repub.’s used to care about it. Today it’s not an issue. Dem.’s run it up too. That’s why neither side will much mention it. They’re both perfectly fine to kick the can down the road. Tariffs are an old thing, they’ve evolved over many years. A quick aside- Which President last balanced the budget. Clinton. Trump took out his frustration on other countries, a tariff put on milk, imported into Canada caused Mexico to come to their defense, applying tariffs on the U.S. Trump turned his sights to Europe. Eventually a letter was written to Trump, signed by every trade union- 600+ of them. It said please stop. Trump thought he was smarter than the industry. He wasn’t. Like the Covid- He pushed forward his view- ignored America’s Dr.’s Result: more American’s died than any other people. With half the worlds Docs- who went to med schools, in America and the worlds best medical infrastructure. Is that making America great again ? NOPE.

[@omegapointil5741]

TARIFFS AREN'T EVEN A RATIONAL TRAIN OF LOGICAL REASONING.. PAY ATTENTION .....WOKE

[@GSVSALES]

ITS WORKING NOW AT THE BORDER

[@fergalhennessy775]

Shhhh… you’re not allowed to mention the border on this channel 😂😂😂

[@Vaga-Bard]

Oh neat. Propaganda.

[@grayrook2406]

It fancy propaganda.

[@marjieryan7936]

Love, love my President Trump! He is so smart that y'all look silly. I'm just glad nobody's gonna get naked in pictures at the White House. That was truly trashy.

[@MrScaryLemonHead]

Maga semen dumpster says what?

[@一的龗]

Wow, it's almost like tariffs work!

[@CrownBoron]

Delusional take

[@WackadoodleMalarkey]

The rich will get richer and the poor will get poorer

[@jacobjorgenson9285]

Tariffs are paid by AMERICANS, it’s a tax on Americans

[@ejb9545]

Trust Trump.

[@grantpepper9849]

A liar, conman, sexual predator. He stiffs contractors. How can you trust this orange pig?

[@MrScaryLemonHead]

Especially when it comes to dealing with a pandemic…. Or the economy…

[@Mr.HondaMoto]

Did he say 30 years of manufacturing going overseas? Sounds a lot like NAFTA. I wonder which political party signed that bill?...

[@ashlikefrompokemon4327]

you must be new here, diva, they've already done a whole ep about nafta, which was supported by both parties but did cause quite a few left leaning Dems to get upset, notably Sanders. if we want to get upset at the current state of economics, i think reagan and his trickle-down economics is a much bigger figure to blame tbh

[@Mr.HondaMoto]

@@ashlikefrompokemon4327 Not new, don't like Reagan either idiot. Tired of speculation and small ball change. Go find more great balls trainer.

[@jacobjorgenson9285]

The people who benefit don’t give two shits who’s in office

[@OgreRoku]

Your propaganda is tiresome and pathetic 💩