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In reply to the discussion: Trump announces 10 percent tariffs on all imports, additional taxes for some 60 countries [View all]IronLionZion
(48,282 posts)11. Better stock up on Trump "I did that" stickers for prices on everything
People have no idea how much stuff is imported. The costs of many services like healthcare will also increase since they would use imported supplies and materials. And it sure sucks for anyone who is exporting stuff when foreign countries don't want to buy American.
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Trump announces 10 percent tariffs on all imports, additional taxes for some 60 countries [View all]
BumRushDaShow
Wednesday
OP
Exactly. That manufacturing infrastructure simply doesn't exist anymore, particularly in my industry
MANative
Wednesday
#5
Also, the expectation is that American workers will be willing to work for $7.50/hr
travelingthrulife
23 hrs ago
#47
As usual, it doesn't make sense, since tariffs (sales tax) only apply to imports
Justice matters.
Wednesday
#35
Homes and cars are already out of reach for many amerikans, guess we better start saving up for bigger cardboard boxes.
ImNotGod
Wednesday
#4
Does that include 10% more on those he already has put tariffs on? Either way it is bullshit.
JohnSJ
Wednesday
#6
But it is 25% on all foreign made automobiles, which is basically all automobiles.
SunSeeker
Wednesday
#9
That's what I thought...he backed off on the additional 25% for Canada and Mexico a month ago
Bengus81
Wednesday
#10
Trump said it at the Rose Garden today, "25% on all foreign made automobiles."
SunSeeker
Wednesday
#15
Now I think he says that starts tomorrow. The post market is TANKING. Tesla down almost $16
Bengus81
Wednesday
#16
The WH seems to have said that CUSMA treaty products are exempted for up to 30 days
Bernardo de La Paz
Yesterday
#40
See how long it takes us to get back to a 2008 economy with this shit. Back to the future
Bengus81
Wednesday
#12
Red coats have become red hats under King Mucus and Been a Dick Arnold. . . . . nt
Bernardo de La Paz
Yesterday
#41
"Those insects, seabirds, seals and penguins have been treating America really, really unfairly"
muriel_volestrangler
Wednesday
#24
Trump's claims of the tariffs imposed by other countries are, surprise, surprise, complete bullshit
muriel_volestrangler
Wednesday
#25
Yes. Gaslighter gets to say "Scary 250% tariff!" when it is never actually applied (tRump has said 300%). . . nt
Bernardo de La Paz
Yesterday
#43
Bogus on the face of it, when a list pretends every country is at 10% or above and most are exactly 10% "tariff charged"
Bernardo de La Paz
Yesterday
#42
Turns out the figures are "US goods deficit with the country, divided by US goods imports from the country"
muriel_volestrangler
Yesterday
#46
Reply Title: Trump's Reckless Tariffs: A Direct Hit to American Families and Our Economy
HoldenTheDemocrat
Yesterday
#45