Voted Coins

Poll

Trumps tariffs could be design to help all governments by hurting the middle class?

No
4 (33.3%)
Yes
4 (33.3%)
Maybe
2 (16.7%)
So the middle class world wide have to pay more to every government clever trump
2 (16.7%)

Total Members Voted: 12

Voting closes: January 20, 2029, 02:46:08 PM

Author Topic: Is Trump's tariff war a mad genius?  (Read 4440 times)

Offline philipma1957

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Is Trump's tariff war a mad genius?
« on: March 22, 2025, 02:46:08 PM »
So USA tariffs 200 countries.

The 200 countries do it back.

Every person in all those countries pays more.

I am USA so Italian wine cost more. Italian pasta cost more.

do this across all imports from 200 countries I pay say 1000-2000 more.

I blame trump.

those countries charge USA goods and Italians pay more.

all the governments get more money and all the regular people pay more.

Trump is actually bailing out all the governments in the world. plus everyone blames him as the sin eater.

I voted yes. I figure I will pay 3000 more a year in tariffs
« Last Edit: April 07, 2025, 07:34:11 AM by TomPluz »
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Is Trump's tariff war a mad genius?
« on: March 22, 2025, 02:46:08 PM »

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Re: Is Trumps tariff war mad genius.
« Reply #1 on: March 22, 2025, 03:20:41 PM »
So USA tariffs 200 countries.

The 200 countries do it back.
So the US imposes a tax on all the goods they import from foreign countries and the US citizens have to pay, how does it show the other 200 countries also do the same, they can import things from somewhere else, and it's the US citizens who pays more for the goods.

And speaking of other countries, if they can't source goods from any other countries so they will surely retaliate with USA and impose a tax to the exporters of US citizens which will cost US citizens too. Well, this is not good for anyone but for governments.
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Re: Is Trumps tariff war mad genius.
« Reply #1 on: March 22, 2025, 03:20:41 PM »

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Offline philipma1957

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Re: Is Trumps tariff war mad genius.
« Reply #2 on: March 22, 2025, 07:29:15 PM »
So USA tariffs 200 countries.

The 200 countries do it back.
So the US imposes a tax on all the goods they import from foreign countries and the US citizens have to pay, how does it show the other 200 countries also do the same, they can import things from somewhere else, and it's the US citizens who pays more for the goods.

And speaking of other countries, if they can't source goods from any other countries so they will surely retaliate with USA and impose a tax to the exporters of US citizens which will cost US citizens too. Well, this is not good for anyone but for governments.

most every country is going to engage in tariff retaliation.


so i buy dates from turkey instead of 5 dollars it is $5.50

us gov grabs 50 cents.

turkey buys a cheese from wisconsin instead of 10 lira it is 11 lira

turkish goverment grabs a lira.

everyone buying gets hurt and blames trump.

but both usa government and turkish goverment grab a tariff.

just the poor and or middle class suffer as the rich can afford it.



https://www.paturkey.com/news/2025/simsek-u-s-turkiye-trade-deficit-reaches-78-billion-over-two-decades-18571/


right now turkey buys more from usa than usa buys from turkey.

so trumps tariffs will be harder on turkey citizens than on usa citizens.

but both sets of citizens will be paying tariffs.

it seems that 190 of 214 countries will be involved in the tariff war.


in the case of turkey

usa citizens lose usa gov gains

turkey citizens lose turkey government gains.

this is something the world has not seen in over 75 years.
« Last Edit: March 22, 2025, 07:35:35 PM by philipma1957 »
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Re: Is Trumps tariff war mad genius.
« Reply #3 on: March 23, 2025, 04:24:56 PM »


Because Trump is the first to have fired this shot, I guess he figured the US citizen can last this tariff war. He saved a lot because of Elon's Doge and he will be asking protection money from the countries they support as well. He wants US to have a stable economy and to be able to do this, he needs money going to the government.

I guess OP has to earn more and spend less as well until Trump stops this tariff war.

But do you think what Trump want is that there will be no middle class left but only rich and poor?

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Re: Is Trumps tariff war mad genius.
« Reply #4 on: March 23, 2025, 05:59:16 PM »
all the governments get more money and all the regular people pay more.
Trump is actually bailing out all the governments in the world. plus everyone blames him as the sin eater.

Yup, the genius on it.
How about we do this, we just introduce a VAT of 90000%, so with every bread you buy you pay the government $1000 in taxes, all the state debt is gone in a year and then we are all happy.  ;D

usa citizens lose usa gov gains
turkey citizens lose turkey government gains.
this is something the world has not seen in over 75 years.

This is nothing, wait till people lose their jobs because the rest of the world stop buying those goods and the ones that are still left are too expensive for...the people that lost their job. This is what a few cents do to an industry:
https://www.asianews.it/news-en/Garment-industry-in-crisis-with-half-a-million-jobs-lost-in-2024-62329.html
wait for April the 2nd.  ;D

I used to envy you Americans for three decades, finally time for this:





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Re: Is Trumps tariff war mad genius.
« Reply #5 on: March 24, 2025, 07:25:56 AM »
It's not mad genius, it's selfishness on his part because all those tariffs he thought other  countries will not respond or react but to his rude awakening he got the same dose of medicine and now everyone is affected because he didn't do his math thinking he will bullying his way to riches  :'(

It's not too late to admit he f**ked up and reverse all this, already world economies are feeling the pitch can we  go back to where we were.

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Re: Is Trumps tariff war mad genius.
« Reply #6 on: March 24, 2025, 11:03:03 AM »
all the governments get more money and all the regular people pay more.

Trump is actually bailing out all the governments in the world. plus everyone blames him as the sin eater.

Until they realize they to deal with potential economic recession and higher poverty rate.

Because Trump is the first to have fired this shot, I guess he figured the US citizen can last this tariff war.

I have doubt he actually think that. Some news report that more people rely on welfare/social security benefit.
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Re: Is Trumps tariff war mad genius.
« Reply #6 on: March 24, 2025, 11:03:03 AM »


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Re: Is Trumps tariff war mad genius.
« Reply #7 on: March 24, 2025, 03:06:34 PM »
So USA tariffs 200 countries.

The 200 countries do it back.

Every person in all those countries pays more.

I am USA so Italian wine cost more. Italian pasta cost more.

do this across all imports from 200 countries I pay say 1000-2000 more.

I blame trump.

those countries charge USA goods and Italians pay more.

all the governments get more money and all the regular people pay more.

Trump is actually bailing out all the governments in the world. plus everyone blames him as the sin eater.

I voted yes. I figure I will pay 3000 more a year in tariffs

Getting used to the way of the political leadership in such manners, we have an increasing tariff plan on the people, they have no option than to pay because they depend on such for their daily consumptions and usage, then i wonder on why we are then complaining about the inflation affection market price when we already know the sources to all these manipulations, they are simply using the people to pay or clear off their debts, we have no alternative on all these because we depend on them, isn't it why an decentralized economy is more perfect for use as what bitcoin had started with us.

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Re: Is Trumps tariff war mad genius.
« Reply #8 on: March 24, 2025, 03:08:53 PM »
So USA tariffs 200 countries.

The 200 countries do it back.
So the US imposes a tax on all the goods they import from foreign countries and the US citizens have to pay, how does it show the other 200 countries also do the same, they can import things from somewhere else, and it's the US citizens who pays more for the goods.

And speaking of other countries, if they can't source goods from any other countries so they will surely retaliate with USA and impose a tax to the exporters of US citizens which will cost US citizens too. Well, this is not good for anyone but for governments.

It don't actually work the way you thought, if the US is paying more, why are the exporting countries retaliating by imposing similar high tariffs on goods going to the US,? It then means that these countries are also paying more.
Economically speaking, let me bring to your knowledge in  little ways the effects of high tariffs, though it is on both countries involved, but these countries are more effected than the US. The effects includes:
1.There will be decline in consumption, increase domestic productions
2. Increase government revenue
3. Protect domestic productions and jobs
4. Protect national interest

Now, one negative effects of tariff war is higher consumer prices. However, on the current US imposition of tariff to some countries, the impacts of the tariff are on the exporting countries and less on the US economy.

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Re: Is Trumps tariff war mad genius.
« Reply #9 on: March 24, 2025, 03:30:00 PM »


Because Trump is the first to have fired this shot, I guess he figured the US citizen can last this tariff war. He saved a lot because of Elon's Doge and he will be asking protection money from the countries they support as well. He wants US to have a stable economy and to be able to do this, he needs money going to the government.

I guess OP has to earn more and spend less as well until Trump stops this tariff war.

But do you think what Trump want is that there will be no middle class left but only rich and poor?

yes squeeze the middle class.

maybe start riots

declare martial law


use the army to enforce laws and stay president for more than four years.

I think the world may be in for hard teams as it is realigning power.
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Re: Is Trumps tariff war mad genius.
« Reply #10 on: March 24, 2025, 04:29:36 PM »


Because Trump is the first to have fired this shot, I guess he figured the US citizen can last this tariff war. He saved a lot because of Elon's Doge and he will be asking protection money from the countries they support as well. He wants US to have a stable economy and to be able to do this, he needs money going to the government.

I guess OP has to earn more and spend less as well until Trump stops this tariff war.

But do you think what Trump want is that there will be no middle class left but only rich and poor?

yes squeeze the middle class.

maybe start riots

declare martial law


use the army to enforce laws and stay president for more than four years.

I think the world may be in for hard teams as it is realigning power.


The goal as what I have heard on the news was that US will not be dependent to countries in terms of resources and products needed which he said from the start that he wants to bring back the jobs to US.

If he can do this with all his plans materializing, I guess US will not suffer much. There may have recession but the people will survive because there are resources and something to work on.


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Re: Is Trumps tariff war mad genius.
« Reply #11 on: March 24, 2025, 05:24:08 PM »


Because Trump is the first to have fired this shot, I guess he figured the US citizen can last this tariff war. He saved a lot because of Elon's Doge and he will be asking protection money from the countries they support as well. He wants US to have a stable economy and to be able to do this, he needs money going to the government.

I guess OP has to earn more and spend less as well until Trump stops this tariff war.

But do you think what Trump want is that there will be no middle class left but only rich and poor?

yes squeeze the middle class.

maybe start riots

declare martial law


use the army to enforce laws and stay president for more than four years.

I think the world may be in for hard teams as it is realigning power.


The goal as what I have heard on the news was that US will not be dependent to countries in terms of resources and products needed which he said from the start that he wants to bring back the jobs to US.

If he can do this with all his plans materializing, I guess US will not suffer much. There may have recession but the people will survive because there are resources and something to work on.

also like I said every country will do tariffs back.

so if you buy a usa 🇺🇸 item you will be charged extra.


since trump came in back in 2016. I paid over 10,000 in tariffs on mining gear.

so i paid a lot already due to his older tariff policy
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Re: Is Trumps tariff war mad genius.
« Reply #12 on: March 25, 2025, 12:23:45 AM »
There are now reports that Trump might be easing on the tariff,

Quote
To that end: Following a Cabinet meeting Monday, Trump said tariffs on a variety of products will be announced in the “very near future.” Then, later Monday afternoon, Trump said “I may give a lot of countries breaks.”

https://edition.cnn.com/2025/03/24/business/tariffs-stocks-trump/index.html

So maybe he realized that imposing tariff is such a bad idea that it just divided his allies and turn against him. Or it just back fire on him, bullying other nations is not very effective strategy.
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Offline bitterguy28

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Re: Is Trumps tariff war mad genius.
« Reply #13 on: March 25, 2025, 06:14:44 AM »
There are now reports that Trump might be easing on the tariff,

Quote
To that end: Following a Cabinet meeting Monday, Trump said tariffs on a variety of products will be announced in the “very near future.” Then, later Monday afternoon, Trump said “I may give a lot of countries breaks.”

https://edition.cnn.com/2025/03/24/business/tariffs-stocks-trump/index.html

So maybe he realized that imposing tariff is such a bad idea that it just divided his allies and turn against him. Or it just back fire on him, bullying other nations is not very effective strategy.
there would always have been a pushback on his decisions he knew this everyone knew this when he first announced tariffs other countries also explicitly said that they would not just roll over and let usa do whatever they want without any consequences from their side

imposing tariffs for an extended period of time could have been costly and would serious implications on usa’s economy

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Re: Is Trumps tariff war mad genius.
« Reply #14 on: March 25, 2025, 05:03:52 PM »
I wouldn't call anything genius in what the current president is doing, because if we are honest, he is a very bad businessman and an even worse politician. A tariff war may bring some countries more income in the short term, but in the long term it will have serious consequences not only for the middle class but also for those who are the poorest. It doesn't matter to them how much a bottle of wine from Italy or France costs or how much a car made in the US costs - these people barely survive anyway.

If it weren't so sad, it would be funny - every week a new scandal from the US - this week we learned that the president's clowns are using some kind of messenger to discuss things that should be state secrets. It wouldn't be too strange if one of them hadn't invited (allegedly by chance) a journalist to join them in the group ::)
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