Trump signs plan for reciprocal tariffs on U.S. trading partners, ushering in economic uncertainty

I have every confidence in President Daddy.

After his resounding successes with Trump Airlines, Trump beverages, Trump Game, Trump Casinos, Trump Magazine, Trump Mortgage, Trump Steaks, Trump University, Trump Vodka, inter alia (hey MAGA, that means "among others"), I have no doubt that he will turn the US into a roaring success, thus Pwning the Libz.

you charge us we charge you. seems fair to me. the US is not your welfare piggy bank.

the only "economic uncertainty" should be with countries who have been ripping off the US for years. we finally have common sense and the people who don't like common sense only have the "nazi" and "fascist" arguments.

the US is not your welfare piggy bank.

How exactly does having tarrifs on certain american products make it another country's "welface piggy bank"?

seems fair to me.

Lots of people these days are deeply offended by fairness. Especially the pro-globalization folks. India charges a 100% tariff on US motorbikes, and its economy is growing a lot faster than the US's. Yeah, that's fair.

How exactly does having tarrifs on certain american products make it another country's "welface piggy bank"?

Trump's tariffs are on products from countries that hit US goods with tariffs. If you're anti-tariff, you should actually support this move.

When there is a crisis everyone begs the US for help (I didn't see anyone else proposing solutions for Gaza or Ukraine until Trump did), but when the US wants fair reciprocal trade suddenly we are fascists.

Tariffs make perfect economic sense for ordinary wage laborers. Yes, prices would rise but the government could offset this by simply redistributing the additional tariffs it collects to the people. A general tariff on all goods of 10 or 15% creates an incentive for entrepreneurs to remain and produce domestically where the savings of overseas production are only marginal. Overseas products that are substantially cheaper and more competitive will continue to be imported just as they are now. Any increase in local production would naturally push up wages (assuming immigration is controlled).

However, I don't think Trump is actually serious about tariffs. He's only using them as a threat to get other concessions. The elite financial interests that surround him obviously benefit from free trade.

countries who have been ripping off the US for years.

MAGA is always whining about being the victim. So unfair!

BTW, what's with that tacky "Gulf of America" map behind him? We already got the point.

The reset continues, and I love every minute of it.

It's good he keeps his kindergarten poster up in the background so countries know what they are dealing with.

he'll have to reduce some tariffs then. the u.s. has tariffs on goods higher than other countries. 20% on running shoes, 50% on leather shoes, high food tariffs, etc.

the wall street journal yesterday asked the question : does trump understand how money works?

the answer was no. they tried to explain how money works at an 8th grade level, in case someone read it to him, since trump doesn’t read.

Only thing Trump respect is coercive legal sanctions, Trump is facing 10 of Lawsuits on a daily basis,that he has to answer too,it could be in the thousands by the end of the month

Change the "Sea of Japan" to the "Sea of America" since US Naval ships protect the waterway

MAGA is always whining about being the victim. So unfair!

you think charging the EU 2.5% while they charge us 35% is fair? This is why you lost the election

Is the US great yet?

I’m sure everyone here knows it, but just a reminder. Tarrifs are taxes paid by the importer, not the exporter. Foreign governments will not be paying any tarrifs.

I’m not saying this won’t work because I don’t know and neither do any of the “experts”. We just need to be honest about who will take the first hits in this economic experiment.

Common Sense, either access US markets via investment and job creation, generating economic growth and tax revenues OR pay a tax/tariff for market access privilege.

Above, what MOST countries do, why US will be 'matching' other countries higher tariffs.

Trump = Common Sense Policy/see above

but when the US wants fair reciprocal trade suddenly we are fascists.

No, "you" are fascists when you foment a violent coup, attack the media, demonize immigrants, gut federal agencies, build a cult of personality around your leader...

you think charging the EU 2.5% while they charge us 35% is fair? This is why you lost the election

I sincerely doubt the american voters know the tariffs rate of US-EU commercial exchanges. Most of them barely know how tariffs actually work. Like you, for example! Nobody is "charging" another country. Because the other countries don't pay the tariffs.

Lots of people these days are deeply offended by fairness. Especially the pro-globalization folks.

Yep!

Trump signs plan for reciprocal tariffs on U.S. trading partners, ushering in economic uncertainty

One thing is NOT uncertain - inflation will surge and our economy will crumble...

It happens every time a Repub is President - they crash the economy and then try to deflect from that by starting a war...

Just what you voted for, right MAGA friends?

.

Typical Trump - all swagger and bravad0.

It will backfire.

*I sincerely doubt the american voters know the tariffs rate of US-EU commercial exchanges. Most of them barely know how tariffs actually work. Like you, for example! Nobody is "charging" another country. Because the other countries *don't pay the tariffs.

This is not correct.

Governments enter commercial contracts and import loads and loads of goods and services from international businesses.

So they will be paying.

Dango bong Today 08:29 am JST MAGA is always whining about being the victim. So unfair!

“you think charging the EU 2.5% while they charge us 35% is fair? This is why you lost the election“

duh.

vat is charged at import, but the wholesale importer gets the money back. the consumer pays the vat.

@dangobong - Your simplistic MAGA world view is not going to get anyone anywhere. I'm sure you know that Japan, China, UK, Luxembourg, and Canada are the largest foreign holders of U.S. Treasury securities aka debt holders. What do you think would happen if they decide to collect or even reduce future purchases of securities. You wanna go the way of Trump casinos?

Unless certian deals are signed exempt of import taxes course ↑

Bring it on. Let's paint the US into their isolationist corner and trade around them. Time to stop relying on the American market and break ties. The tariffs will hit them harder, especially in the red states.

US has huge economic momentum and confidence, Europe and Asia, not so much, thus Trump's timing is excellent. Voters remember Trump's tariffs worked in 1.0, Biden kept them in place, 2.0 will be even more successful.

This is not correct.

Governments enter commercial contracts and import loads and loads of goods and services from international businesses. 

So they will be paying.

yes you still don’t get it…

tarrifs are implemented when importing goods and services. So trump implementing tarrifs will be for goods and services entering the US. Who will pay that? The importer, not the exporter. But that cost will be passed on to the consumer.

“Voters remember Trump's tariffs worked in 1.0, “

no. there was no measurable employment or investment gain.

only inflation.

Your simplistic MAGA world view is not going to get anyone anywhere.

it has gotten more prosperity in 3 weeks than Biden in 4 years

I'm sure you know that Japan, China, UK, Luxembourg, and Canada are the largest foreign holders of U.S. Treasury securities aka debt holders.

Yes which is why they need the US to success and thus do what the US says. The alternative would be investing in China which nobody trusts.

Tariffs increase the price of imported good but the US DOES NOT NEED TO IMPORT, we do it to have relations with others. The US could be self-sufficient. You think we need Canadian metals or beer?

Tariffs on foreign goods will increase purchases of domestic good, which creates sales and creates jobs.

Let's paint the US into their isolationist corner and trade around them. Time to stop relying on the American market and break ties

LOL, ROTFL, JT is so entertaining. USA has a massive consumer market, so much so it relies on imports.

On the other hand, things that USA exports are mostly high tech where USA has to 'restrict' to friendly states.

US aggri products are the product of the most efficient producers anywhere, and the quality is up there with the best of them, and without having to compromise on environment li,e China or Brazil.

Bring it on. Let's paint the US into their isolationist corner and trade around them. 

Good luck with that! While you are at it why not move the UN and Wall Street somewhere else and stop taking US investments and aid..

By the way, charging you what you charge us is NOT isolationist, its reciprocal. Do you know what that means?

So they will be paying.

"They" can not pay a tariff imposed on imports by the US. The importer (= american companies - american consumers) pay the tariff. It's astounding people STILL don't get it.

Tariffs on foreign goods will increase purchases of domestic good, which creates sales and creates jobs.

There is a mountain of goods that can not be produced domestically. Rare earth elements, specialized electronics, raw materials for pharmaceutical compounds... French cheese...

Tariffs increase the price of imported good but the US DOES NOT NEED TO IMPORT, we do it to have relations with others.

good luck with that, let’s see how that attitude plays out out over the next 4 years.

bully your friends and neighbours usually leads to a beat down in the real world.

There is nothing isolationist about fair trade, reciprocity.

Truth is the US is attracting massive capital flows due to AI and Energy BOOM, Europe and Asia, not so much, rather capital flight to US, with lower regulations, lower tax rates, cheap energy and tech. talent!

"They" can not pay a tariff imposed on imports by the US. The importer (= american companies - american consumers) pay the tariff. It's astounding people STILL don't get it.

Consumers won't pay, they will buy domestic. I think you are the one who doesn't get it

There is a mountain of goods that can not be produced domestically. Rare earth elements, specialized electronics, raw materials for pharmaceutical compounds... French cheese...

Oh noooo what will Americans do without French Cheese!!!!!!!!!!!!!!!

bully your friends and neighbours

if you think reciprocal trade is bullying then I can not have a logical conversation with you

Consumers won't pay, they will buy domestic.

And how will they buy domestic products that don't exist yet? How long do you think it will take the US to entirely produce a smart TV or a car without any imported goods?

Oh noooo what will Americans do without French Cheese!!!!!!!!!!!!!!!

You got the joke! Congratulations.

Trump's dealing with both the foreign trade and the deep state bureaucrat grifters. There is no more free lunch!

deep state bureaucrat grifters

Are you talking about the guy who fired 5 inspector generals who were actively investigating him and his companies? The insanely rich unlected and slightly autistic south african dude?

So, maybe some of our Trump defenders here can help us...

Do these tariffs also apply to all the Chinese sweatshop-made merchandise and clothing currently for sale on Trumpstore.com?

Donald Trump, now President Trump, US 2024 US election campaign gave an unequivocal, clear policy manifesto.

Immigration, law and order, defined reform of Fed government departments spending accountability to the taxpayer.

Elon Musk future role, remember Musk bouncing up and down at a rally, as if he had just sat on stool fashioned out razor wire.

Trump was clear on Tariffs, economic reciprocity, healthcare, taxation. climate change, drill baby drill.

The US electorate, for better or for worse made a choice at the ballot box.

Personally I would prefer a must more nuanced phased subtle approach, focusing on free trading rules based consumer facing light touch agreements, however Trump knows how to demand/command everybody's absolute undivided attention.

"I’ve decided for purposes of fairness that I will charge a reciprocal tariff," Trump said in the Oval Office at the proclamation signing. “It’s fair to all. No other country can complain.”

It will be the inclusion of "VAT" in the calculations that will give the UK government palpitations.

Importers pay the tariff in USA.

Any private, even giant business in USA will pay the tariffs.

Arrangements between Governments to supply say defence equipment, may be different...but as the USA is predominantly private, free enterprise, the tariffs will be paid by US importer and passed on to consumers.

Note' the argument Trump is "good " because a "majority voted for him " holds no water.

Countries can elect "bad " leaders.

Indeed the USA seeks to interfere in those elections, held fairly, where unsuitable leaders are elected.

yes you still don’t get it…

tarrifs are implemented when importing goods and services. So trump implementing tarrifs will be for goods and services entering the US. Who will pay that? The importer, not the exporter. But that cost will be passed on to the consumer.

Yes and vice versa on the other side.

W*hen a foreign government buys commercial services or goods from a US exporter, they will need to either lower their already high imbalanced tariffs / duties on their end that they have in place now for US imports or deal with the recipricol rate that US puts on for their (foreign Gov / exporter) exports.

So they will be paying via loss of incoming taxes on those goods and services. And the businesses will be paying in the less competitiveness of their products or services due to US imports now seeming cheaper.

That's the idea being touted here.

It's a two way street.

One trick Trump.

Life is getting more expensive for everyone with Trump's new taxes.

""I’ve decided for purposes of fairness that I will charge a reciprocal tariff," Trump said""

Well Done Sir, It's Only Fair and let the chips fall where they may.

What will happen now is the nations with large trade deficit with the U.S. will start lowering their tax brackets to achieve a balanced sheet, which will lead to cheaper U.S. products abroad.

Fair Trade.

Trump has momentum, a mandate, is relaxed, cracking jokes, good people around him ( the avengers ) , has swagger and is doing everything he promised he would do. Stirring up the hornets nest of an unelected bureaucracy, exposing them one by one in the disinfectant of sunlight. The cool faced security guard being harassed at the gates of the education department the other day was just poetry in motion. A scene for the times. Like crackheads being denied entry into a Walmart.

The reaction from the haters is just simple basic human nature as old as Cain and Abel. It’s gunna be a long four years for you guys. Take care of yourselves ay. Lots of exercise, good sleep and ice cream. Wink.

In the meantime, America is back, flags are flying, there’s excitement and a sense of unity and pride in the air again and all it took was the dems losing an election. The pace has been blistering!

Go Trump.

So, maybe some of our Trump defenders here can help us...

Your questions will be answered the day you stop treating Trump voters like subhuman.

It’s exactly what he said he would do when we elected him.

What “uncertainty?

that’s the new media buzzword when they can’t prove that it won’t work but still need to criticize or inflame.

Economic certainly for the US, less so for others.

Japan has ridden the coat tails of the US for too long so I hope this lights a fire under the politicos here.

Tariffs are normally fixed selectively on a case by case basis via negotiation with good reason. Wreck that and it just causes economic damage.

quote: the expected tariff revenues would separately help to balance the expected $1.9 trillion budget deficit.

Well they might, by charging Americans $1.9 trillion in additional tax. Because tariffs are taxes paid by the consumers of the nation levying them.

The short term pain for long term gain approach works spectacularly badly. In the UK, the Tories got erased from government when the inevitable economic consequences of Brexit hit home. An appropriately supersized Brexit for the US will end badly for the Republicans.

It may hammer the global economy, but pivoting away from the US would negate a lot of the damage. It's a big planet, and there is usually someone else to buy from and someone else to sell to. The US Population is 335 million. The RotW population is 7,665 million. The non-US economic bloc dwarfs an economically self-isolating and self-harming US.

farmers are finally freaking out and pissed on their social media sites.

lost billions sold as foreign aid, possible tariffs on potash from canada (it will send costs skyrocketing), agricultural programs and grants canceled for crop diversity to stop the decrease in yields since u.s. farmland is losing topsoil that takes 100 years to be created, reneging on grants and reimbursements for improvements farmers already paid for, trumps "turn on the taps" pr stunt that wasted billions of gallons of water that the farmers won't have in the summer and last, but not least...

50% of all agricultural exports were going to china, canada and mexico.

they are already canceling contracts and sourcing other countries than the u.s. because of market instability by a lunatic that they helped elect.

Ricky....deal with actual examples of economic growth and keep the cheer leading a private matter.

It,s early days , most countries with a change in Government go through a "euphoria " phase, in Trumps case all the meanness of the man and his policies are being heralded by mean people.

Bravo.

"Uncertainty " is a real thing.

I am "uncertain " Trump knows more about economics and tariffs than people in high positions in banking and academia.

I am "uncertain " if Trump is an idiot.

I can tell you from my own business that the beginning of inflation in durable goods in America began when tariffs were levied on Chinese imports.

At the time we believed we could make up the slack with domestic production but there were simply no options that provided the quality, quantity and price the Chinese did.

The surprise was that instead of factories moving back to the USA, they popped up in Mexico and Vietnam!

Beyond cost, the quality of American labor is a big issue for manufacturers.

Even though the pay can be quite high, we have massive issues with finding workers who can pass drug tests (for hard drugs) or show up for work regularly

The way back for America is long and hard.

Trump 1.0 didn't result in high inflation due to tariffs, now Biden made LIFE expensive with his money printing!

Tariffs well done result in more jobs, investment and productivity = wealth creation, plus increases in domestic supply and supply chain resiliency = Dis-inflation

Trump won voters 6:1 who deemed inflation & economy #1

Great insights on this thread - interesting.

“ Tariffs well done result in more jobs, investment and productivity = wealth creation, plus increases in domestic supply and supply chain resiliency = Dis-inflation”

got any facts to back that up, or is just your opinion?

exactly, vanilasludge.

businesses make decisions based on economics, not politics.

Hope he sinks the States so low it'll take decades for them to see daylight.

instead of serious policies to improve the lot of all americans, we’re getting name changes to bodies of water, banning paper straws, what looks exactly like a death wish to destroy the world economy with hints about reneging on the national debt and a whacked out elon trump getting a $400 million contract for cyber trucks, killing consumer financial protections, having 19 year olds dictating government functions, executive orders that allow drug companies to blow prescription prices sky high, threatening to take over countries and displacing 2 million people to make way for beachfront property, deportations running half of deportation under biden, a gang of crooks and liars in the cabinet of the damned.

in response, i think i’ll rename the great lakes to lake canada, lake mounties, lake maple leaf, keep lake ontario and rename lake michigan to lake flaccid.

The Art of the Deal. The whole world will come begging for trade negotiations. Talks will be held. New deals will be made, America will prosper again.

in response, i think i’ll rename the great lakes to lake canada, lake mounties, lake maple leaf, keep lake ontario and rename lake michigan to lake flaccid.

Nice - Trump will love the fact that you named the last one in his honor.

The articles title is heavily biased. Certainly, anyone can at least guess that "uncertainty" is absolutely not he objective of any action taken by him. It's a calculated move. Some will see uncertainty and that is part of the calculation. The objective being to bring benefit to domestic industry. Any country in a similar situation will take and have taken similar tactics through history. Nothing new there. Trump did it in his last term, and some other presidents before him. It wasn't the end of the world. That is for sure.

With all the presidential tantrums Trump does, he only gets the rest of the world will embrace BRICS..

It's a calculated move.

Nothing Trump ever does is calculated.

A senior White House official, who insisted on anonymity to preview the details on a call with reporters, said that the expected tariff revenues would separately help to balance the expected $1.9 trillion budget deficit.

This is coming out of your pocket middle america, lmao

With all the presidential tantrums Trump does, he only gets the rest of the world will embrace BRICS..

This is the unfortunate truth, brics membership will climb.

Trade partnerships that bypass america will become the norm

Everything President Trump does is very good. He is one of the greatest leaders in all human history.

Ricky...this is a story about Tariffs and economic policy...so give us some input on those things.

Thats all

Ice cream gives me phlegm

You said it yourself. We are only three weeks in. Gunna reserve judgement until we see how it goes. You either do it from the side of an energized and optimistic supporter willing to see what they can do ( as per the tenants of democracy ) , or a bitter detractor tainted with confirmation bias. Angry, robbed and the worst part powerless to do a thing about any of it.

Sorry to hear about your condition by the way. Yogurt is good too.

Time to close tax loopholes that allow US multinationals to get away with paying no tax. Only fair.

Concept of reciprocity is fundamental fairness, there is no negotiation, tariffs are strictly reciprocal, no lawyers, concessions, carve-outs, or corruption needed.

Many if not most countries including EU have already lowered their tariffs to match the US on cars, just on the news this week. Reciprocal tariffs set to go into effect in early April.

I’m sure everyone here knows it, but just a reminder. Tarrifs are taxes paid by the importer, not the exporter. Foreign governments will not be paying any tarrifs.

Dont insult American voters. Im sure all of them know exactly what they voted for, and all of them are fully prepared for higher prices

One thing is NOT uncertain - inflation will surge and our economy will crumble...

Yeah, your proclaimations on how Trump would never be re-elected and would spend the rest of his life in a prison cell give your latest prediction a ton of credibility.

the new media buzzword when they can’t prove that it won’t work but still need to criticize or inflame.

The Wall Street Journal is conservative and needs to provide its business readers with accurate economic news and analysis. They can't afford to joke around like Newsmax or Xwitter.

The WSJ says:

America’s gold decor-loving, cash-carrying billionaire president doesn’t understand how money actually works

This is why you lost the election

I didn't run for public office, and I assume you didn't either.

Ricky...neither yourself or myself are Americans...we didnt vote, dont have skin in the game...so I am not an "embittered Democrat voter " anymore than you are a "jubilant Trump voter ".

In some levels, economic policy is a rational, even scientific based beast.

I,ll try to keep my comments on this line.

America is back, flags are flying, there’s excitement and a sense of unity and pride in the air again

No, MAGA cultists are just giddy about Trump getting to break stuff, be mean, and threaten allies. He's done absolutely nothing that is constructive.

Americans beg to disagree, Trump's approval's never been higher since he first announced nearly ten years ago. Business and consumer confidence has rebounded as have markets since Nov 5th = Facts are facts.

Most Americans support Reciprocal Tariffs and overwhelmingly trust Trump on economy, inflation, etc.,

Trump won more voters vs. 2020 from ALL states in nearly every demographic, including unions, working class & middle class - All of Whom Want Trade Protection!

Business and consumer confidence has rebounded as have markets since Nov 5th = Facts are facts.

Jan 29:

US consumer confidence unexpectedly fell in January to a four-month low on less optimism about the labor market and the outlook for the broader economy.

Ricky...neither yourself or myself are Americans...we didnt vote, dont have skin in the game

Guru, will spare the poor readers these back and forths and make it the last one. キリがないから．No, we ain’t Americans, but I shouldn’t have to point out to you what happens in the worlds largest economy and political experiment has far reaching implications. Australia is, and should be taking note, every step of the way. It’s also fascinating. We can take the best parts from the yanks and incorporate them and learn from the worst. God bless America! Have a toppa day folks, and sorry for these silly one-up-manship games my compatriot and I, the guru ( name says it all ) like to publicly showcase.

@VanillasludgeToday  08:30 am JST

I’m sure everyone here knows it, but just a reminder. Tarrifs are taxes paid by the importer, not the exporter. Foreign governments will not be paying any tarrifs.

This is clear, and should be clear. NO government ever pays or HAS to pay tariffs incurred in any commerce!! governments receive those payments, jajaja. So in this case those wanting to import these goods, or mind you, those wanting to import those goods will have to pay the tariffs. Which is what you are apparently confused about. Tariffs are to paid to allow some product inside the country. No matter if you from inside the US want to bring in for re-sale, etc. or if you as a foreign business what to sell you product abroad (the importer might tell you I want your product but I am not paying the tariff). In actuality, there are something called INCOTERMS which according to the contractual terms, mean the exporter pays the tariffs or the importer. Now, except in the where the importer refuses to pay the fee outright, and the burden full solely on the exporter to pay it WITHOUT expecting it being paid back to him as part of the price paid by the buyer, tariffs are indeed normally reflected all the way back to the final consumer that ends of paying a higher cost. Which is the objective of this all, that previously unfairly cheap goods posing unfair competition to domestic industries are now priced higher so they can compete more fairly to domestic products. THAT IS ALL!!

GuruMick, it is not dependable to be a US citizen national, a voter, to have "skin in the game".

What is missing here, a vital element factor, is globally this devastating pandemic reset the world economy beyond recognition.

Globalization, crazy supply chains, offshoring to China, over focusing on domestic supply, to squeeze local producers margins, to leverage every last cent out working people, to enforce an interdependence of global economies,

That I contend is the bottom line.

President Trump for all his lack of political diplomacy, has become the preverbal "fox in the hen house" of mediocracy.

I respect Donald Trump lack of graces, his unwavering need to stand his ground.

The problem I have my cynicism, I simply don't trust him, I respect him , I would not buy a car off Trump.

I would worry that the back tyres might overtake the front before left the forecourt

Maybe that is what global leadership is crying out for, a wake of call.

The Trump reciprocal tariffs continue to attract massive capital flows into the US, companies need to manage their risk. That's the engine for job creation and productivity that works every time.

Secretary Bessent compares tariff revenues to a melting ice cube, initially large, but they fade away as production shifts onshore, then wage and corp. taxes increase.

US the envy of the world with AI, energy security, abundant cheap energy and no geopolitical risk, plus lower regulations and corp. taxes. = MAGA

@Vanillasludge

 

Tarrifs are taxes paid by the importer, not the exporter. Foreign governments will not be paying any tarrifs.

 

That’s not how it works, and you’re being simplistic anyway, despite what the neolibs have told you. The costs are normally absorbed along the supply chain to minimize the impact on consumers as much as possible. Demand destruction is the last thing anyone wants. The price elasticity of the good in question normally determines where the costs are absorbed and where the burden lies. And the foreign governments will suffer, as they would collect a smaller share of corporate taxes than if their producers had higher profits from not having their cost structure inflated.

Have you or anyone asked why a Jackery 100w solar panel costs $110 on US Amazon but 34,000 yen on the Japan Amazon? Didn’t think so. The US maintains tariffs on that made in China panel, Japan does not. That’s not supposed to happen, right? Trump’s solar tariffs were supposed to have destroyed the solar market, right? Sorry, didn’t happen. The neolib globalists have lied to you.

Typical TV imported into US might cost retail 1K, but cost subject to tariffs, usually about 40% of retail cost. So, in this case, only $400, thus even $25% tariff only $100 or one time 10% increase to consumer.

Most producers will over time shift production to US, just like producers have shifted production to other countries, localizing supply chains = resiliency & risk mgmt.

Tired of the incessant US whining, always playing the victim now under the crybaby in chief. Unfair trade? Hardly. The Germans and the Japanese work harder and make better cars. Live with it.

Most producers will over time shift production to US, just like producers have shifted production to other countries, localizing supply chains = resiliency & risk mgmt.

Hmmmm....think this guy will shift production of all his Chinese-made merchandise to the US?

Trump event touted 'made in America' goods. A lot of his merchandise couldn't be featured. The president and his daughter largely manufacture Trump-branded products in countries like China, Indonesia, Turkey and Canada.

https://www.nbcnews.com/politics/donald-trump/trump-event-touted-made-america-goods-lot-his-merchandise-couldn-n893656

A 2018 article, how quaint.

who says trade deficits are bad?

developing countries provide cheaper goods for consumers to enjoy and importing companies to prosper.

the greatest corporate wealth increase in the u.s. came from buying chinese products that americans can’t or won’t make. and investors in their stock have made our like bandits.

would you rather make money on the stock while sleeping as someone else makes pots and pans all day for $10? or would you rather be the one making those pots and pans for $10 per day?

for heavens sake, think about it.

The costs are normally (-- always) absorbed....

....by the end buyer. Proof, look at Japan with no tariffs and how cheap they are. Has anyone been to a DAISO recently?

A 2018 article, how quaint.

And accurate...

https://www.cbsnews.com/news/donald-trump-god-bless-the-usa-bibles-printed-in-china/

The costs are normally absorbed along the supply chain

WRONG

Tariffs are collected by government agencies at ports of entry, and are paid by the importing business. Tariffs are taxes on imported goods, and are a source of revenue for the government.

(News source)