Can someone explain to me who benefits from the tariffs?

Domestic industries who do not utilize any goods imported to make their product benefit by being able to sell more of their product as compared to companies that import pieces and parts that make up their items.

Typically it is only the US Congress that can impose tariffs. However, a president can impose tariffs in cases involving national security or economic emergencies. In my mind, the tariffs that are being imposed are not for the later reasons and will cause more harm than good.

I heard on the news this morning that he put a 30 day pause on the tariffs to Mexico because Mexico is sending 10,000 troops to the border to try to curb the flow of Fentanyl.

I just saw a headline somewhere that says he says Canada is mistaken about the tariffs to their country, but i didn’t click on it so I am not sure what the details are with that.

Yes, seeing that Trump walked back the tariffs in a deal with Mexico I think Trump is using his bullying tactic to get other countries to cave in to what he wants. It’s not diplomacy and I think it will bite America in the ass.

Maybe some small manufacturing companies in the US that may be able to out bid lower international product prices and some farmer who may not be able to increase the price of their products but just keep it under 25 percent increase of Canada or Mexico. But who loses is the consumer big time. Jobs will also be lost for companies who move a lot of international product, like car manufacturing jobs.

The thing about manufacturing in the US is that if there’s no factory right now to manufacture something, let’s say plastic food containers, it’s not going to happen overnight that some business people will secure capital, obtain real estate for the factory, buy equipment and hire employees, and start making those plastic containers. That may take a year or two, if the investors even want to do that, so therefore, who’s paying in the meantime?

Nobody. Everybody suffers.

Putin

@jca2 ”...it’s not going to happen overnight that some business people will secure capital, obtain real estate for the factory, buy equipment and hire employees, and start making those plastic containers. That may take a year or two”

Here’s the thing, the payback on all of that capital outlay will be amortized over many years. If there’s only a competitive price advantage for perhaps the last 2 years of Trump’s presidency before someone else comes into power and undoes the Tariffs (or even Trump himself, on a whim) then it will still be unprofitable to do. That means the factory will never be built. Markets like stability and predictability.

The news said that Trump can make exceptions for certain industries which is where the deal making is going to come in – deal making with his friends in high places, probably giving him kickbacks to be on the exemption list.

I don’t see how this is in line with his promise to bring down inflation.

Who gets fucked? The little guy. The average Joe, who goes to work every day, or is retired. It’s just going to be a big fucking.

Stock market is down, too. Another fucking for us.

Trump.

He wins putting on a big show for his followers about making Amurica great again. Paying more for goods is patriotic now.

And he wins again because a starving country is much easier to control.

Enemies and economic rivals of the USA benefit.

(Trump is a transparent agent of Putin, who wants as much discord, chaos, and misfortune in the US and NATO as possible, as quickly as possible.)

“Show me a nation that cannot feed itself, and I’ll show you a nation in chaos.”

Pat Roberts, Former Senate Agriculture Committee chair 2015

Google food instability and conflict. Trump’s goal is to break down the government. If there’s martial law, his power becomes unchecked.

Trump is dumb. But all joking aside, he’s not dumb enough to believe releasing the dams in California would help the fires in SoCal.

He’s making gestures to placate his sheep. While punishing political enemies. And sabatoging one of the largest agriculture industries in the country.

These new tariffs harm the relationships with the associated trading partners. That weakens American trade => benefits America’s competitors e.g. Russia and China.
Notice that he’s tariffing countries to the North, South, East of us? Looking at West of us too? That is isolating the US from the world on purpose.