Trump implemented a 25% tariff on steel imports in March 2018. Domestic manufacturing of steel increased by nearly 10% for the 2 years post-tariffs. In June 2019, the price of steel was lower than it was prior to Trump implanting the tariffs.
As always, thanks for the laughs.
"Congressional Republicans are considering raising taxes on the extremely wealthy as part of President Trump's ambitious and populist legislative plan, the "big beautiful bill." One proposal under discussion is raising the top tax to 39.7% on income exceeding $1 million."
The idea that you understand "how tariffs work" is laugh until you cry funny.
You don't grasp that "could go up" is not "will go up."
And finally, the very first thing Ford did in response to the tariffs was to cut prices.
But please keep talking on this topic, you like know so much.
Because they have shit tons of inventory that's been sitting...I've been shipping trucks with an intended cash offer.I'm a king in the local dealership.
So much inventory ...you do understand price VS demand I'd guess.
Maybe not.
Ford Has A Problem: Oversupply Of 2023 Trucks Lingers As 2025 Approaches
As we enter November 2024, Ford is facing a serious inventory issue. Of the nearly 205,000 new full-size Ford trucks on dealer lots today, thousands are leftover 2023 models. In fact, there are far more new 2023s on sale than 2025 models, a problem unique to Ford in today’s truck market. Here’s...
caredge.com
As we enter November 2024
Just tremendous.
I mean, you know someone knows the details on the topic when they post a 6 month old article about trucks, not all inventory, as some sort of rebuttal to price cuts that were made due to tariff enactment.
Just tremendous.
I mean, you know someone knows the details on the topic when they post a 6 month old article about trucks, not all inventory, as some sort of rebuttal to price cuts that were made due to tariff enactment.
You keep repeating the same nonsense over and over and pretend it is "fact"
It is not.
Also, you're now mr. "supply and demand" with the prices, but in 6 weeks that goes out the window because "tarriffs"
What is so funny is you don't even understand you are doing this.
As China staggers into a slowdown caused by Donald Trump’s trade war, a hobbled jobs market is impairing the resilience Beijing needs to battle it out against the US.
Trump’s 145 per cent tariffs on China’s goods are threatening to obliterate its access to the world’s biggest economy, with Goldman Sachs Group Inc. estimating that up to 20 million people — or about 3 per cent of the labour force — may be exposed to US-bound exports. A full economic divorce would roil a workforce already drained by widespread salary cuts and layoffs.
Trump’s 145 per cent tariffs on China’s goods are threatening to obliterate its access to the world’s biggest economy, with Goldman Sachs Group Inc. estimating that up to 20 million people — or about 3 per cent of the labour force — may be exposed to US-bound exports. A full economic divorce would roil a workforce already drained by widespread salary cuts and layoffs.
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And who got China's back?
Libtard Nation
The buffoons tell us they oppose everything China represents. Yet China is hoping the fucking idiots like Gavin Newsom succeed
Pollution
Global warming
Child labor
Slave wages
Human rights
Rock on Garth
On Easter Weekend remember this. They are our cross the bear. We'll bring peace and prosperity, they'll bitch and moan
It's tradition
It's genetics
Libtard Nation
The buffoons tell us they oppose everything China represents. Yet China is hoping the fucking idiots like Gavin Newsom succeed
Pollution
Global warming
Child labor
Slave wages
Human rights
Rock on Garth
On Easter Weekend remember this. They are our cross the bear. We'll bring peace and prosperity, they'll bitch and moan
It's tradition
It's genetics
Meh
Less worried about China more worried about the economy here..Chinese will keep producing, opening markets and continue selling to the world...
Trump let go of one ecomomic rope without grasping the next..manufacturing will take years to ramp up, It's suprised a self described policy wonk like you can't see the fallacies in said Trump tarriff "policy" no policy plan.
The economy going to get smoked unless he steps away from tarrifs and he will because he's has no better options plus Xi has a hell of a lot less to lose working with in the Chinese political system.
If its a game of will with long tarrif timelines ... Trump loses and MAGA better hope he climbs off the cliff soon.
IDK why you clowns keep focusing on China's internal struggle...its also happening here you dimwit.
Any small biz who manufacturers in china is dust and you'll see shortages in 60 to 90 days of some goods.
MAGA hypocrites can't see past Dear Leaders desires
Rolling...
