US 🇺🇸 Tariff China 🇨🇳 are we in a weaker position?

[Doublestandards]

i dont know what the means they've never had free and open trade. the reason trump is doing this is to get free and open trade in europe

I thought the reason Trump is doing this is to bring manufacturing back home and eliminate income taxes through tariffs? Free trade would go against that

 

[Doublestandards]

yea i don't know anything about that . I think most people would say dont buy it at the higher price if you dont need it.

I guess I just don’t understand the plan or how this will work then

If tariffs are bringing wealth to our country and going to replace income tax, but people respond by buying less things because of the tariffs, isn’t that the opposite reaction of what is wanted and needed?

 

[newfie]

I thought the reason Trump is doing this is to bring manufacturing back home and eliminate income taxes through tariffs? Free trade would go against that

i always thought it was clear that trump is looking to open up markets for our products . Until we see the deals its kind of a waste to argue about what we think he's trying to do.

 

[Doublestandards]

i always thought it was clear that trump is looking to open up markets for our products . Until we see the deals its kind of a waste to argue about what we think he's trying to do.

Didn’t he just say the opposite yesterday though? That the plan is for tariffs to stay in place and replace income tax? External revenue service

 

[newfie]

Didn’t he just say the opposite yesterday though? That the plan is for tariffs to stay in place and replace income tax? External revenue service

you realize there may be several things he is trying to accomplish here? there is no rule that says he can only accomplish one thing. take a chill pill . lets wait for multiple deals to start rolling across the wire and we'll get a sense of what he's doing.
my thoughts are that every country is different and negotitions will have to be tailored to each unique countries traits. by looking at multiple deals when they have been processed i believe we will start seeing some common traits for all of them.

 

[Over70irregs]

back to this topic and i know someone posted an article this is going to hurt UPS if the tariff war with china drags on

US-China Tariffs Hit Amazon, FedEx, UPS Distribution Links - TT

President Donald Trump’s tariffs on Chinese imports threaten to disrupt Southern California’s trade and logistics economy, a sector that moves a third of the nation’s container cargo.

www.ttnews.com

some thoughts on it

a lot of inbound china moves through these ports and southern cal hubs.

teamsters should probably be looking to get UPS to pull loads off the trains and fill the voids on sleeper teams
teamsters ( Sean) should probably be looking hard to make sure nothing is moving by contractor.

ups should be looking at options to take post office and 2day air off the planes and move it through available movements in the sleeper teams. its always cheaper to ground it then fly it.
ups should be looking at training and placing less vacation coverage drivers in feeders. but then again if the tariffs get settled they'll need them at which point they'll probably get blown out as companies play catch up.

this is going to be tricky for them because of the uncertainty as to how long this might drag out.

How long is your tie?

 

[newfie]

How long is your tie?

it used to touch the top of my belt . I have not worn one of those chokers in years.

 

[Over70irregs]

I thought the reason Trump is doing this is to bring manufacturing back home and eliminate income taxes through tariffs? Free trade would go against that

Anyone think the tariffs are a cover for AI?

 

[newfie]

Anyone think the tariffs are a cover for AI?

might need to hit the bong and reflect on that one

 

[Over70irregs]

might need to hit the bong and reflect on that one

Even better think deeper…. Maybe its two birds with one missile.

 

[BadIdeaGuy]

Anyone think the tariffs are a cover for AI?

I almost miss the Bitcoin shilling.

 

[Thebrownblob]

I thought the reason Trump is doing this is to bring manufacturing back home and eliminate income taxes through tariffs? Free trade would go against that

Why do you not understand it could be both? Getting rid of the federal payroll income tax appears to be his desire. A consumption tax or even a flat tax would be more desirable. And lowering corporate taxes and regulations would certainly bring some manufacturing and other jobs back to the United States.

 

[newfie]

Why do you not understand it could be both? Getting rid of the federal payroll income tax appears to be his desire. A consumption tax or even a flat tax would be more desirable. And lowering corporate taxes and regulations would certainly bring some manufacturing and other jobs back to the United States.

i agree. I think he has a primary objective and the secondary objectives if he thinks he can make it all work

 

[Doublestandards]

you realize there may be several things he is trying to accomplish here? there is no rule that says he can only accomplish one thing. take a chill pill . lets wait for multiple deals to start rolling across the wire and we'll get a sense of what he's doing.
my thoughts are that every country is different and negotitions will have to be tailored to each unique countries traits. by looking at multiple deals when they have been processed i believe we will start seeing some common traits for all of them.

I’m just not sure that the two things work together. If you have a goal you have to focus on one instead of half assing multiple

If the goal is reduce or replace income tax, you are going to have to go 100% full out on tariffs. Free trade would go against that idea

 

[Doublestandards]

Why do you not understand it could be both? Getting rid of the federal payroll income tax appears to be his desire. A consumption tax or even a flat tax would be more desirable. And lowering corporate taxes and regulations would certainly bring some manufacturing and other jobs back to the United States.

How on earth could it be both? Numbers wise that doesn’t make sense

 

[Thebrownblob]

i agree. I think he has a primary objective and the secondary objectives if he thinks he can make it all work

I definitely think he has those objectives. I am not certain he can make it work. Not because of him, but because of the political cycle.

 

[Thebrownblob]

How on earth could it be both? Numbers wise that doesn’t make sense

What numbers are you talking about? The bloated federal spending we have now? Why do you think he’s trying to slash departments that are unnecessary and no longer needed. Tariffs are a tax. If you don’t have tariffs, you create consumption taxes, and get rid of the federal payroll tax. I don’t have a problem with a consumption tax or even a flat tax. Or even tariffs if there’s no federal income tax. I think the federal payroll tax and the way we do a yearly return is onerous us and unnecessary. Having both a federal income tax and tariffs would be a disaster.

 

[newfie]

I definitely think he has those objectives. I am not certain he can make it work. Not because of him, but because of the political cycle.

me too we are in radically new territory here . I dont think anyone including him knows how far he can push this

 

[Doublestandards]

What numbers are you talking about? The bloated federal spending we have now? Why do you think he’s trying to slash departments that are unnecessary and no longer needed. Tariffs are a tax. If you don’t have tariffs, you create consumption taxes, and get rid of the federal payroll tax. I don’t have a problem with a consumption tax or even a flat tax. I think the federal payroll tax and the way we do a yearly return is onerous us and unnecessary.

You said he’s doing both. Tariffs would replace income tax. You’re not going to generate enough income to replace income tax by doing part tariffs and part free trade.

 

[Thebrownblob]

You said he’s doing both. Tariffs would replace income tax. You’re not going to generate enough income to replace income tax by doing part tariffs and part free trade.

You certainly could. There would be tariffs on those who want to continue to tariff us and none of those who do not. To make up the difference you have a consumption tax that you’re only charged when you buy things. or a modest flat tax. Dump the federal payroll, tax and lower corporate taxes. And unnecessary. regulations and you would probably see a boom in both money and industry. Any plan for income would require reduced spending or at least a budget. Which we currently don’t do very well.