Biden did increase tariffs on China and put harsh export controls on the CCP which cut them off to semiconductors and other critical components they need. Biden also got Netherlands to get their largest corporation ASML to cut off selling lithography technology which everyone needs to produce chips. You think Europe or any other country is going to side with us again by blocking critical supplies to China? What a delusional and post. Trump isn't confronting anything head on. He's alienating our allies and forcing Europe to become closer to China which will happily export all their goods to Europe.
You really add no substance to this or any discussions. You reply every single time with the same shtick « Harris would have done worst…but…but I’m no Trump voter » I could replace every one of your post in this section by « GOATuve is useless » that it would literally not change anything. We get it that you don’t like Harris (and that you’re a repressed Trumpster) now move on !
Imagine doing that for months on end bringing absolutely nothing to the table. I see trolls trolling but this is genuine stupidity in action...
Again. Biden kept all the tariffs Trump put into place during his first term. Tariffs are not all bad. You can put selective tariffs. The issue is were putting tariffs on pajamas and t-shirts from Bangladesh. Get your head out of your ass. Bitcoin is down. Your cult hero is destroying all the markets.
Of course not. I don't like to make any absolute, 100% concrete statements, so it could happen - when pigs start flying.
It's not hard to follow a spec. The U.S. workforce is fully capable of doing that. What's much harder is creating the spec in the first place. Right now, we're pushing out the very people who create those specs, and we're undermining our R&D - the early-stage innovation that sparks the ideas which eventually lead to those specs. You might be able to artificially increase net exports for a while, but unless you're truly competitive, the balance will eventually reset. And you can't be truly competitive when you're raising the cost of manufacturing at home. There are much better ways to achieve what YOU (and I) want here. As for this administration, it's still a guessing game as to what they actually want. That is why uncertainty has never been higher. It's even higher than during the pandemic. It's entirely self-created. A never-before black swan event, but one we inflicted on ourselves.
you are pretending that there was no tariffs/trade wars during Trump 1.0. Trump 1.0 tariffs failed. stupidity is doing the same thing and expecting different outcome.[/QUOTE]
there is a rumor being spread, Trump’s billionaire supporter Bill Ackman calls for a 90-day pause on tariffs to avoid ‘economic nuclear war’
You're not understanding what I am saying. Yes, following spec is not hard. I am referring to basic customer spec. For (real) example, I need a machined aluminum part made to x spec. 80% of bids submitted come back no-bid because it is too complicated. The remaining need 10+ weeks. China can build it in 3 weeks at half the cost. Americans struggle to build to spec. And I am contractually forced to buy American. America has an extremely weak manufacturing base. Its very difficult to find quality Americans who can manufacture product and its even more difficult to find businesses who can scale. I face the same problem in Europe. This is not something that can be fixed in a couple years and its not going to be fixed if we continue to push workplace entitlements that promote lazy behavior. This video that @Invisible Fan posted is spot on.
LOL at this 4d chess bullshit. Trump’s never going to do that. That’s a terrible idea. Trump says he’s going to do it but he’s joking. Trump’s doing it and so it must actually be great. Trump did it and it’s awful, but it was all an elaborate ruse.
I understood your point. For (real) example, U.S. companies need semiconductors with specific specs. Before the pandemic and even this year, you had to go overseas to obtain advanced semiconductors. By the end of this year, we’ll be able to manufacture any chip to any spec domestically. This was a glaring problem during the COVID lockdown, but it's being addressed within years. It's an example of how we can solve domestic manufacturing issues without resorting to global tariff warfare. It requires the government working with the private sector, investing in smart ways to accomplish what we need. If the goal is to strengthen our manufacturing base for security or other reasons, that can be done with strong leadership. There's no need to go nuclear on global trade and risk both the global economy and our own. Additionally, as I mentioned earlier, we need talent here. Before we can create to any spec, we must not push the creators (the talent) out, and that’s exactly what we're doing right now. I agree with the problem, but we apparantly don’t agree on the solution.
Confront what problem head on - it's a problem that the US produces software or whatever that gets sent to Colombia, where they grow coffee? Colombia sells coffee in dollars, uses those dollars to buy software - This does not strike me as a problem that needs to be fixed (but Trump thinks it is because he is a complete ****ing idiot)
Are the tariffs about bringing back manufacturing to the US or about resolving trade imbalances or about lowering foreign tariffs for US goods? Because right now the messaging from the White House is a complete **** show.
