User Tag List

+ Reply to Thread
Page 2 of 4 FirstFirst 1234 LastLast
Results 11 to 20 of 39

Thread: Supreme Court gives Trump a win on his steel tariffs.....

  1. #11
    Points: 143,765, Level: 91
    Level completed: 20%, Points required for next Level: 2,885
    Overall activity: 79.0%
    Achievements:
    Social50000 Experience PointsOverdriveVeteran
    carolina73's Avatar Senior Member
    Karma
    43659
    Join Date
    Sep 2019
    Posts
    57,490
    Points
    143,765
    Level
    91
    Thanks Given
    56,067
    Thanked 43,664x in 28,251 Posts
    Mentioned
    154 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by Bo-4 View Post
    So how is this a "win"?

    As Grover Norquist Tweeted:

    https://twitter.com/GroverNorquist/status/971843355444502528

    Tariffs are TaxesTariffs are Taxes
    Tariffs are Taxes
    Tariffs are Taxes
    Tariffs are Taxes on American consumers.


    12:21 PM · Mar 8, 2018



    Not necessarily.

    A tariff increase the cost of a foreign made good either by country or universally.

    When dumping is taking place then the tariff simply removes the offending country to reduce it's price by the amount of the tariff if it wants to continue to have US consumers. So then the offending country pays that tax by adjusting it's price or devaluing their currency.

    Tariffs can also be used against Human Rights violators to balance their use of slave type labor as a tool to remove the incentive.

    Protectionism is a different case. In that case the consumer would be asked to pay for the inefficiencies of domestic manufacturers.

    Retaliatory Tariffs - are used as payback for the offending country putting tariffs on our products.

    In some cases (mostly China) have actually used export tariffs against their own manufacturers to make sure that US manufacturers of the finished products could not use the Chinese product to compete against Chinese companies manufacturing the finished products. This was mostly due to their devaluation of their currency making all products globally cheap.

    Our industry has been a victim of export tariffs. You can purchase the finished good from China cheaper than you can buy just the raw materials from the same sources in China. Turns out they put export tariffs on the raw materials to try to kill off US manufacturers.

  2. The Following User Says Thank You to carolina73 For This Useful Post:

    Peter1469 (06-29-2020)

  3. #12
    Original Ranter
    Points: 388,252, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 0.2%
    Achievements:
    SocialRecommendation Second ClassOverdriveTagger First Class50000 Experience PointsVeteran
    MMC's Avatar Senior Member
    Karma
    70166
    Join Date
    Jun 2011
    Location
    Chicago Illinois
    Posts
    89,892
    Points
    388,252
    Level
    100
    Thanks Given
    54,131
    Thanked 39,163x in 27,727 Posts
    Mentioned
    243 Post(s)
    Tagged
    0 Thread(s)
    Lets not forget all those Democrats that were for the tariffs and the Repubs that were against the tariffs.
    History does not long Entrust the care of Freedom, to the Weak or Timid!!!!! Dwight D. Eisenhower ~

  4. #13
    Original Ranter
    Points: 859,122, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 90.0%
    Achievements:
    SocialCreated Album picturesOverdrive50000 Experience PointsVeteran
    Awards:
    Posting Award
    Peter1469's Avatar Advisor
    Karma
    496583
    Join Date
    Jun 2011
    Location
    NOVA
    Posts
    241,700
    Points
    859,122
    Level
    100
    Thanks Given
    153,223
    Thanked 147,593x in 94,421 Posts
    Mentioned
    2552 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by MMC View Post
    Lets not forget all those Democrats that were for the tariffs and the Repubs that were against the tariffs.
    Dems historically have wanted tariffs to protect American workers. Protectionism. When there is no illegal dumping or illegal subsidies by another nation, protectionism has negative consequences.
    ΜOΛΩΝ ΛΑΒΕ


  5. The Following User Says Thank You to Peter1469 For This Useful Post:

    MMC (06-29-2020)

  6. #14
    Original Ranter
    Points: 388,252, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 0.2%
    Achievements:
    SocialRecommendation Second ClassOverdriveTagger First Class50000 Experience PointsVeteran
    MMC's Avatar Senior Member
    Karma
    70166
    Join Date
    Jun 2011
    Location
    Chicago Illinois
    Posts
    89,892
    Points
    388,252
    Level
    100
    Thanks Given
    54,131
    Thanked 39,163x in 27,727 Posts
    Mentioned
    243 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by Peter1469 View Post
    Dems historically have wanted tariffs to protect American workers. Protectionism. When there is no illegal dumping or illegal subsidies by another nation, protectionism has negative consequences.
    Yep, and that's why leftists today don't know how to respond to the issue.
    History does not long Entrust the care of Freedom, to the Weak or Timid!!!!! Dwight D. Eisenhower ~

  7. The Following User Says Thank You to MMC For This Useful Post:

    Peter1469 (06-29-2020)

  8. #15
    Original Ranter
    Points: 388,252, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 0.2%
    Achievements:
    SocialRecommendation Second ClassOverdriveTagger First Class50000 Experience PointsVeteran
    MMC's Avatar Senior Member
    Karma
    70166
    Join Date
    Jun 2011
    Location
    Chicago Illinois
    Posts
    89,892
    Points
    388,252
    Level
    100
    Thanks Given
    54,131
    Thanked 39,163x in 27,727 Posts
    Mentioned
    243 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by carolina73 View Post
    Not necessarily.

    A tariff increase the cost of a foreign made good either by country or universally.

    When dumping is taking place then the tariff simply removes the offending country to reduce it's price by the amount of the tariff if it wants to continue to have US consumers. So then the offending country pays that tax by adjusting it's price or devaluing their currency.

    Tariffs can also be used against Human Rights violators to balance their use of slave type labor as a tool to remove the incentive.

    Protectionism is a different case. In that case the consumer would be asked to pay for the inefficiencies of domestic manufacturers.

    Retaliatory Tariffs - are used as payback for the offending country putting tariffs on our products.

    In some cases (mostly China) have actually used export tariffs against their own manufacturers to make sure that US manufacturers of the finished products could not use the Chinese product to compete against Chinese companies manufacturing the finished products. This was mostly due to their devaluation of their currency making all products globally cheap.

    Our industry has been a victim of export tariffs. You can purchase the finished good from China cheaper than you can buy just the raw materials from the same sources in China. Turns out they put export tariffs on the raw materials to try to kill off US manufacturers.
    Well you know the leftness, they would rather be offended than be doing the offending. Even if justified in doing so.
    History does not long Entrust the care of Freedom, to the Weak or Timid!!!!! Dwight D. Eisenhower ~

  9. #16
    Points: 173,946, Level: 99
    Level completed: 8%, Points required for next Level: 3,704
    Overall activity: 0.1%
    Achievements:
    Social50000 Experience PointsOverdriveRecommendation Second ClassVeteran
    Bo-4's Avatar Senior Member
    Karma
    295339
    Join Date
    Oct 2014
    Location
    N Oregon Coast
    Posts
    36,763
    Points
    173,946
    Level
    99
    Thanks Given
    11,535
    Thanked 10,310x in 8,305 Posts
    Mentioned
    669 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by carolina73 View Post
    Not necessarily.

    A tariff increase the cost of a foreign made good either by country or universally.

    When dumping is taking place then the tariff simply removes the offending country to reduce it's price by the amount of the tariff if it wants to continue to have US consumers. So then the offending country pays that tax by adjusting it's price or devaluing their currency.

    Tariffs can also be used against Human Rights violators to balance their use of slave type labor as a tool to remove the incentive.

    Protectionism is a different case. In that case the consumer would be asked to pay for the inefficiencies of domestic manufacturers.

    Retaliatory Tariffs - are used as payback for the offending country putting tariffs on our products.

    In some cases (mostly China) have actually used export tariffs against their own manufacturers to make sure that US manufacturers of the finished products could not use the Chinese product to compete against Chinese companies manufacturing the finished products. This was mostly due to their devaluation of their currency making all products globally cheap.

    Our industry has been a victim of export tariffs. You can purchase the finished good from China cheaper than you can buy just the raw materials from the same sources in China. Turns out they put export tariffs on the raw materials to try to kill off US manufacturers.
    Cool, so you're gonna go out on a limb, and suggest that Tea Party GIANT Grover Norquist is fulla crap.

    I like it - And do continue in your RELENTLESS effort to carry water for an IDIOT.

  10. #17
    Original Ranter
    Points: 388,252, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 0.2%
    Achievements:
    SocialRecommendation Second ClassOverdriveTagger First Class50000 Experience PointsVeteran
    MMC's Avatar Senior Member
    Karma
    70166
    Join Date
    Jun 2011
    Location
    Chicago Illinois
    Posts
    89,892
    Points
    388,252
    Level
    100
    Thanks Given
    54,131
    Thanked 39,163x in 27,727 Posts
    Mentioned
    243 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by Bo-4 View Post
    Cool, so you're gonna go out on a limb, and suggest that Tea Party GIANT Grover Norquist is fulla crap.

    I like it - And do continue in your RELENTLESS effort to carry water for an IDIOT.





    Schumer urges Trump to hang tough after China trade tariff ...

    https://www.cnbc.com/2019/05/06/schumer-urges...
    May 06, 2019 · “Strength is the only way to win with China,” said Schumer, who is otherwise at odds with Trump on a wide variety of policy issues. The president plans to increase tariffs on $200 billion in...
    History does not long Entrust the care of Freedom, to the Weak or Timid!!!!! Dwight D. Eisenhower ~

  11. #18
    Points: 19,637, Level: 33
    Level completed: 99%, Points required for next Level: 13
    Overall activity: 0.1%
    Achievements:
    10000 Experience PointsVeteran
    John Galt's Avatar Banned
    Karma
    2146
    Join Date
    Dec 2019
    Posts
    6,982
    Points
    19,637
    Level
    33
    Thanks Given
    2,038
    Thanked 2,137x in 1,724 Posts
    Mentioned
    26 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by Peter1469 View Post
    It is with everyone except China. That is why I say screw the trade deal with them and move all of our supply chains out of China. They will never not cheat.
    And that does nothing to change anything unless you move to the U.S.. The idea behind tariffs, which trump doesn't understand, was to begin manufacturing in this nation as opposed to China.

  12. The Following User Says Thank You to John Galt For This Useful Post:

    Peter1469 (06-29-2020)

  13. #19
    Points: 19,637, Level: 33
    Level completed: 99%, Points required for next Level: 13
    Overall activity: 0.1%
    Achievements:
    10000 Experience PointsVeteran
    John Galt's Avatar Banned
    Karma
    2146
    Join Date
    Dec 2019
    Posts
    6,982
    Points
    19,637
    Level
    33
    Thanks Given
    2,038
    Thanked 2,137x in 1,724 Posts
    Mentioned
    26 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by Bo-4 View Post
    So how is this a "win"?

    As Grover Norquist Tweeted:

    https://twitter.com/GroverNorquist/status/971843355444502528

    Tariffs are TaxesTariffs are Taxes
    Tariffs are Taxes
    Tariffs are Taxes
    Tariffs are Taxes on American consumers.


    12:21 PM · Mar 8, 2018



    It's not a win. But, they're begging for anything to praise trump for, especially given that the SC kicked his ass again re. abortion.

    American steel is dead in large part due to trump's tariffs, and his terrible economy in general. Kind of ironic that the w h o r e who used Chinese steel in every one of his buildings, suddenly thought that Chinese steel was bad.

  14. The Following User Says Thank You to John Galt For This Useful Post:

    Bo-4 (06-30-2020)

  15. #20
    Original Ranter
    Points: 388,252, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 0.2%
    Achievements:
    SocialRecommendation Second ClassOverdriveTagger First Class50000 Experience PointsVeteran
    MMC's Avatar Senior Member
    Karma
    70166
    Join Date
    Jun 2011
    Location
    Chicago Illinois
    Posts
    89,892
    Points
    388,252
    Level
    100
    Thanks Given
    54,131
    Thanked 39,163x in 27,727 Posts
    Mentioned
    243 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by John Galt View Post
    And that does nothing to change anything unless you move to the U.S.. The idea behind tariffs, which trump doesn't understand, was to begin manufacturing in this nation as opposed to China.



    Trump tariffs - Wikipedia

    https://en.wikipedia.org/wiki/Trump_tariffs

    The Trump tariffs are a series of United States tariffs imposed during the presidency of Donald Trump as part of his "America First" economic policy to reduce the United States trade deficit by shifting American trade policy from multilateral free trade agreements to bilateral trade deals......snip~


    Now you can't say you didn't know what the reality was.
    History does not long Entrust the care of Freedom, to the Weak or Timid!!!!! Dwight D. Eisenhower ~

+ Reply to Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts