TACO is the latest dumb lefty idea
(media.kotakuinaction2.win)
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The thing that gets me is it is not true. "He chickened out on the tariffs!" Maybe the super high ones, but did we suddenly all forget there is a new 10% tariff on all imports that didnt exist before his whole plan? Apparently we did, including Wall Street since they are acting like things are back to what they were before. And of course, also ignoring the new trade deals and foreign investment that resulted in extremely strong economic numbers even as the stock market was setting its hair on fire for seemingly no other reason than "Why are you touching things?!"
The super high ones are the ones that matter.
The only reason I am pro tariff is to onshore US manufacturing.
These trade deals represent nothing but a flash in the pan corporate giveaways.
What are the “really strong economic numbers” and when do they start reducing inflation lowering gas prices and incr asking my wage rate?
Gas has been down
I’ve found the % fluctuations to be greater week to week +/-40 cents or so. But not consistently down.
Probably depends on your area. Ive seen people post 2.89 gas and others post its 4+in their area
Differences in price don't have a linear effect, they have an exponential effect; they also have inertia as supplie chains shift and empty out, etc.
When applied it mans that the adjustments go: "Not enough, not enough, not enough, WAY TOO MUCH!" while there is a lag of months between cause and effect.
Perhaps 10% is too low, but it is a lot better than none. He also got the market panic out of the way and now the tariff is in place.
If in a year Trump wants to raise the tariffs to 12% (which would be a fucking huge jump) then it won't be a big deal. Not only that, if he signals the new tariff hike, he'll get companies to make plans to onshore supplies early.
Trumps strategy with the Tariffs has been a brilliant management of foreign relations and the media circus.
Yes, I hope he puts them up (even though I don't live in the USA, and it will hurt my country); but I am happy with the way things have gone.
This seems to be the Left-wing version of the Right-wing claim that he "cucked out on tariffs".
Did everyone just expect that he would never reduce tariffs from 125%? More importantly, the trade negotiations are STILL ongoing with China. Everyone keeps screaming that they know what the outcome of the tariffs and "liberation day" were, but in most cases Trump got basically new trade deals, or the negotiations of trade deals are still ongoing. The primary objective of these tariffs not being the tariffs themselves, but in fundamentally changing the structure of international trade, and completely reforming how trade is conducted internationally.
I think some people really thought that all of the worlds manufacturing would just re-open in the US by now. One of the libertarian complaints about the tariffs was correct: the factories that Trump wants in the US haven't been built yet. The global economy has to shift in our direction, and it seems clear that Trump (if not his negotiators) understand that. As was the case in 2019, they are off-shoring from China back to Japan, South Korea, India, Vietnam, Indonesia, and the Philippines; while foreign corporations are pledging to increase industrial infrastructure in the US.
Both the hysterical right and hysterical libertarian responses seemed to have assumed that the tarrifs were never part of a larger trade negotiation strategy.
As for the Left's willful misinterpretation, they seem to believe (in a similar way) that if Trump every backed down from his highest demands (which he does literally 100% of the time as per his stated strategy), then it means he failed. These are the same people who told you that Joe Biden had the strongest economy in history.
And he only put a temporary hold on them while deals were negotiated.
which is apparently the same thing as chickening out I guess.
Yes, they're claiming fake wins now.
Shh, let them cook. Maybe this will put some backbone into Trump. Let them bully him into being the dictator they think he is, there's no downside.