General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsCan someone explain Trump's pro-Tariff Economic Polices to me?
What the hell is he doing imposing all these tariffs? I would assume as a Republican he would be a Free-Trader, yet he's going the opposite direction. He is alienating all out trading partners.
unblock
(52,257 posts)We have the lowest unemployment ever! But we need more jobs!
Something like that.
elleng
(130,980 posts)or how they work.
msongs
(67,420 posts)are a profit center as well
Thomas Hurt
(13,903 posts)his family and his cronies, like Icahn, benefit.
smirkymonkey
(63,221 posts)Xipe Totec
(43,890 posts)Hoyt
(54,770 posts)before long, while watching the rest of the world pass us by.
InAbLuEsTaTe
(24,122 posts)dameatball
(7,399 posts)Pope George Ringo II
(1,896 posts)The best explanation I've heard of what he's "thinking" here is that every deal has a winner and a loser. If the other guy is getting something out of the deal, that must mean you're losing and need to blow up the deal. Everything is zero-sum for him, it's not possible for something to benefit everybody.
smirkymonkey
(63,221 posts)Has anybody tried to explain to him exactly how these things work and how tariffs affect the economy? Then again, I suppose all his advisers are morons as well.
Takket
(21,579 posts)That $800 billion goes from us to China. He doesnt understand that we get goods in return. He doesnt know what hes doing or how international trade works.
anarch
(6,535 posts)Like someone said above, he's incapable of comprehending trade agreements where both sides benefit...he feels that if the trading partner gets anything at all out of the deal, then his side must be getting ripped off (b/c that's how he's always done business...making sure to rip off the other guy wherever possible). The world (in his eyes) is composed of Winners and Losers; there is no win/win scenario that can exist with that frame of mind.
MicaelS
(8,747 posts)muriel_volestrangler
(101,322 posts)If he gets any concession at all from a foreign country, he has "won", because someone will praise him. It doesn't matter if Americans and the American economy get damaged in the process, because they're not him, or his personal property.
This is why the Canadian idea of implementing tariffs on the Trump Org is a good idea. it's the only thing that might make him listen.
Think of him as a World War One general sending troops forward to get killed. The only way he'll stop is if he actually has to lead the charge in person.