otto Olean, NY
06/01/18 1:07 pm
Tariffs are NOTHING BUT a tax on the consumers who use the tariffed products or good made with them.
While it is true America’s founding and early years was indeed funded by tariffs, this is no rationale for them now. At that time, that was the purpose of them- to raise revenue to fund the government. The difference between then and now are 2-fold:
1. Today we have the insidious income tax, which was unconstitutional at that time (and still should be. REPEAL XVI !!!)
2. The revenue needed to fund government was far less because at that time the government was only spending money on Constitutional items.
Today, it is a mere egoistic pissing-match item for world leaders to do to one another and results in nothing but restriction on flow of goods and higher prices for everyone (i.e. more taxation).
Lose the tariffs against any country we are not actively at war with.
DounutHole
06/01/18 12:12 pm
Trump has started this tradewar with the rest of the world and it will cost American Taxpayers more than they received from any tax cut (unless you were in the rich class like Don the Con). When the rest of the world provides him and his family with the consessions he wants (Loans, Copyrights, Trademarks, and Permission for hotels and resorts) to increase the Trump Empire he will back off.
ccc1 Georgia
05/31/18 9:25 pm
I think it’s time they realized that the trading arena is not even and threatening us won’t work. The inexperienced whippersnapper to the north definitely needs to learn this
CLT704
05/31/18 7:37 pm
Trump is a television personality and an entertainer by trade. Everything he does is for the spectacle. His tariff policy is total nonsense and keeps changing weekly. It's especially stupid considering he has signed bills deregulating Wall Street and gave a massive tax break to the rich all while soaring gas prices will ruin the "middle class" tax cut he promised. The man is a fraud. But then again, so is the entirety of conservative ideology.
mstt
05/31/18 3:04 pm
To liberals free trade means other countries are free to put tariffs on our products.
otisfuzz Georgia
05/31/18 2:59 pm
Already causing steel prices to rise. Got multiple quotes to replace dock plates. Both companies I deal with warned me their passing the costs on to us. They’re still not buying American either. So higher costs and still being imported.
nacho1 Logic Land
05/31/18 2:03 pm
I think the left should love this.
According to left leaning economists - tarrifs will increase the price of goods to US consumers. Therefore, the government gets more money from the due to the increase in sales tax - the government creates a new revenue stream from the taxpayers and now can fund free college education.
Can you feel the Bern?
DanielWebb
05/31/18 1:25 pm
Horrible. These tariffs are worst thing that has come from this administration. Tariffs will do serious economic harm to our country. Trump is DEAD wrong on tariffs. Sad.
bnnt Los Angeles
05/31/18 9:51 am
Have any of you actually looked at how these countries “dump” (subsidize) their cheap domestic products and tax the hell out of US made products?
I’m all for no tariffs, free-market, but only if the other side is abiding by the same rules. Right now they’re not. Trump is at least trying to use threats to get these countries to renegotiate this bad deal past administrations got us in.
FloridaPopulist Nationalist Right
05/31/18 9:43 am
Exactly what needed to be done. Fuck the ‘conservative’ neoliberals this what we the people voted for not tax breaks for the rich and George Bush life. I voted for someone to make the tough decisions, put America first and be hated by everyone else.
docccyr maine
05/31/18 8:58 am
Such a dumb move, most Canadian steel companies are actually American owned. This does nothing but help Russia and China
Caleb SOH Editor
05/31/18 8:00 am
UPDATE: "Mexico reiterates its position against protectionist measures that affect and distort international commerce in goods," the Mexicsm government said in a statement. "In response to the tariffs imposed by the United States, Mexico will impose equivalent measures to various products like flat steels (hot and cold foil, including coated and various tubes), lamps, legs and shoulders of pork, sausages and food preparations, apples, grapes, blueberries, various cheeses, among others, up to an amount comparable to the level of affectation" (The administration tarrifs are 25% on steel and 10% on aluminum)
BlackC
05/31/18 7:45 am
Sheer stupidity and a photo op for The Narcissist and Chief . Will hurt all Americans ; as , proven by history of the damaging affects of tariffs on the US economy .
Jraysonn Atlanta
05/31/18 7:12 am
I personally don’t see how this is good. I don’t see the point of doing thing unilaterally. I feel like he is isolating us from everyone else...
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