General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsJohnny2X2X
(19,108 posts)The thing about tariffs is that they do permanent harm, you don't just lift them and a big wave of trade makes up for the previous year's losses.
Say you're a farmer with $60,000 a month in revenue, the tariffs drop that revenue to $20,000 a month for 8 months, you don't jet up to $80,000 a month until you're whole, you actually likely don't even return to $60,000 a month for some time as your market has shifted suppliers and may choose to stay with them.
Tariffs cause long lasting damage to the economy.
smirkymonkey
(63,221 posts)The Velveteen Ocelot
(115,829 posts)though I doubt he really gets it. But by delaying the tariffs so they won't affect Christmas shopping he's admitting that tariffs are a tax paid by consumers even if he still doesn't understand how they work (and he probably doesn't).
FakeNoose
(32,726 posts)He'll never apologize for all the problems he's caused the patriotic, tax-paying Americans. But he DOES back-peddle a lot to make himself sound better: "Tariffs aren't a mistake, we just care about the American retailers."
maxsolomon
(33,384 posts)He wouldn't even back off accusing the Clintons of killing Epstein.
Never back down, never apologize, punch back, insult, and slander put him in the White House.
Wellstone ruled
(34,661 posts)has a daily phone call list that he does. On that list is Steve Wynn and Rifkin who are Casino operators. The day of plane loads of Chinese and Japanese as well as German Visitors coming into Vegas is long gone until Trump is gone.
So,Trumps friends are getting crushed and they are pissed.
lame54
(35,317 posts)ooky
(8,928 posts)Or did they already know and just don't care?
NewJeffCT
(56,828 posts)some of them know it, but still support him to "own the libs"
manhattan123
(302 posts)..will likely vote for him anyway, and can be bought off with taxpayer subsidies anyway, but if the kiddy's Christmas presents are more expensive, suburban Republican moms who are already on the fence about him will not be happy.
So he'll destroy the soybean market, but sure the iPhones can keep coming.