Nobel economic experts say Harris' plan 'vastly superior' to Trump's

Trump's proposed blanket tariffs would risk a global trade war​



Donald Trump has promised more tariffs, 60 percent against Chinese goods, 10 percent against products from the rest of the world.

Why 10 percent? Why all countries?

There is no other reasonable explanation than that Trump considers all trade to be “unfair” in some respect, or at least disadvantageous.

Trump plan is for increased tariffs on all products from all countries.

It is not America First; it is America Alone.

Additional tariffs are generally imposed very selectively, under trade remedy statutes crafted by Congress.

They are actions taken pursuant to a finding that a particular product is involved in a specified unfair trade act, or it may be that the new tariff is a surgical retaliatory measure to open a market for a specified American product.

Many uncertainties surround Trump’s proposals.

There is no reason to assume that US tariffs would not be met with additional foreign tariffs, as happened in 2018.


 
If we didn't have actual people right here frothing at the mouth exhibiting paranoid delusions I would think it's all just a saturday night live skit.

But we do and it's unsettling to be kind. I will not claim them to be foreigners or bots as they like to call us. They are real and they are a "problem"

Explain these facts putin fluffer
 
You sad caricature of ignorance, stupidity and mental instability.....in the article

Trump claimed the conversations between Twitter and political officials had revealed "a massive fraud" so serious that it "allows for the termination of all rules, regulations, and articles, even those found in the Constitution."

I wish you had a fucking brain. Really I do. :palm:
 
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At the point Democrats disregard the vote and appoint their candidate the winner the constitution is already gone.

After that all bets are off. There is no country nor constitution. Just guns.


He will take your guns too idiot
 
Well, think it through. Tariffs "fix" the problem by raising the overall price of goods.
no.

only on imports, thus incentivizing domestic procuction.

you still don't get the point,

you're very dumb.

That's questionable to the average consumer who is currently struggling under the effects of the recent inflationary spike if that is a "fix".

sending more jobs and capacities away is a worse fix.

you're very dumb.
 
Donald Trump’s public statements on tariffs have ranged from merely alarming to evidently impossible.

Trump’s specific proposals include both a 10% across-the-board tariff on all trading partners as well as 60% or higher tariffs on goods from China.

These tariff proposals occur alongside calls for tax cuts that would cost as much $5 trillion over ten years.

Trump has even floated the idea of completely replacing income taxes with tariffs.

This policy would antagonize US allies and partners, provoking worldwide trade wars, damaging global economic growth and i t would also destabilize the global financial system.

Can Trump’s tariffs replace the income tax?

Simply put, no.

Tariffs would be levied on a tax base comprised of US imported goods, which totaled $3.1 trillion in 2023.

The income tax is levied on a tax base that consists of incomes, which exceed $20 trillion.

The US government raises about $2 trillion in individual and corporate income taxes at present.

It is impossible for tariffs to fully replace income taxes. Tariff rates would have to be implausibly high on such a small base of imports to replace the income tax, but as tax rates rise, the base itself would shrink as imports fall.


 



Under the NEW rules handed Biden by the SCOTUS about presidential power


Biden can crush the Republican Party on this fact spoken by trump alone


Biden is tasked with protecting the constitution as president


The SCOTUS said he can do illegal things to do it


Remember

Your fucked asshole
 
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