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Posted
12 hours ago, Roundybout said:


 

 

Wow no way! Who could have seen this coming???

 

and as a result, they are investing $4 billion dollars in US manufacturing over the next two years.  Dont forget that part.  

9 hours ago, Homelander said:

Nazis

 

 

 

Just to clarify.  Is this man here illegally?   

  • Like (+1) 1
Posted (edited)
On 7/25/2025 at 10:16 PM, Homelander said:

 

And the EU just signed an agreement to buy $650 BILLION a year of American energy not to mention the deal the Philippines, Japan, and the other countries that have signed because of those big bad tariffs !! 

 

Oh and by doing so Trump has screwed his (what you all called his so called buddy) Putin because by the EU buying American energy and dropping the tariffs to 15% across the board Putin will be at a loss and will put Russia and China in a worse position by doing so .

 

It's probably a good thing you're not a business man just saying !! 

 

 

Edited by T master
Posted

Ok, this is going to come across as a criticism the Trumps current economic policy, but I am honestly looking for a legit answer:

 

This is regarding the 50% tariff on Steel (and the us producers recently raised their prices to match tariff import prices, so buying steel in the USA is pretty much more expensive than anywhere else now).......and the auto industry with regard to 15% import tariffs.

 

In some cases I have read that up to 47% of a vehicles cost to manufacture (not including marketing/development costs) can be the price of steel (searc for the article: The Impact of Automotive Steel Prices on Car Manufacturing | SMM)

 

The next highest cost is the labor cost.

So, by having that much of a steel tariff with limited US producers raising prices, and the cost of labor in the USA being close to the highest in the world, just WHY would anyone want to open ANY new factories here when you are assured of having the highest costs?

 

When the auto companies work the figures, I'm thinking they will see how they can make some announcements for new factories in the USA to please the administration, but the bottom line may be it makes MORE sense to offshore now than ever.

That 15% import tariffs looks REALLY good compared to the high labor costs and 50% tariff on steel/the prices domestic steel makers are charging.

So again, with the current tariffs, how is this going to lead to automakers (and honestly ANY industry that uses steel and/or aluminum) building factories here rather than just offshoring even more and paying 15% import tariffs on finished goods?

Posted
On 4/3/2025 at 1:48 PM, Roundybout said:


 

There is zero historical precedent suggesting that this will work.

 

But it's working just fine, huh? Look at these idiots cheering while Americans pay more for everything over the past six months.

 

 

Posted
7 minutes ago, Homelander said:

 

But it's working just fine, huh? Look at these idiots cheering while Americans pay more for everything over the past six months.

 

 


See this is where it falls apart. 
 

Americans are paying these costs. If companies were eating the costs, as certain posters claim, there would be no point in the tariffs. The point is to make imports more expensive to incentivize domestic production. 
 

In order for them to work, they HAVE to be more expensive and they HAVE to be paid by the consumer! 
 

Further, there has been no real boost in GDP or domestic manufacturing. It’s just raising prices on stuff!

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