Hypocrisy? They name is Democrat Party Leadership.

Yep and the unhinged Left hate him for that.

Good one.

Yes I heard the anti-tariff line of talk in high school as well. I didn't buy into it back then and I never had cause to change my mind. It seemed like puerile reasoning back then and still does. Trump PROVED that when he imposed them and our economy improved. This, of course, is why Biden's handlers re-imposed the ones against China.

I'm sure Xi is fine with it as long as it helps elect Biden...

I wonder if Xi is waiting until after he sees if the DNC and colluding RINOs can cheat Trump out of the presidency again before he invades Taiwan.

It'll be a green light for him if the dems manage to steal another one for Biden.

Hell . . . Biden just might offer to fund China for the strike against Taiwan. He is not called Dementia Joe and the greatest foreign policy f**k up as president that the U.S.A. has ever had for nothing.

''Trump PROVED that when he imposed them and our economy improved.''

It did? How?

Idiots, like Demented Joe Bribe-em, are the ones who don' t get it.

In a perfect / fair world, sure, no tariffs. But... reality.

The concept of the tariff is to make the foreign country's product more expensive relative to the US made product. Then let the consumer decide which to buy. If they want to pay more, it's on them. Not on Trump.

Constitutionally, that is how the gubmint is supposed to be financed.

If the American people want to py taxes through buying foreign goods, fine!

Overturn the income tax and let capitalism reign!

What? And give up encroaching Marxism or Fascism?

Well stated. You nailed it, Tom! (the beauty of that last sentence is profound!)

Thanks.

Some left winger on here was just crying about Trumps "trade war" with China. Awfully quiet on this one aren't they ? lol

Well you know what they say, "If not for double standards, leftists would have no standards at all." I hear that Trump is having that tattooed across his right buttocks.

Lol! And not his left?

Justice.

Gotta be the right. The Left keeps redefining terms.

LoL

LOL.. I noticed that too...

Scroll down.

Bingo, Charles!

Thanks.

We're suffering massive inflation and so Biden raises to cost of Chinese products to help????

Did the left forget they are supposed to be the champions of the poor? Because their moronic president had done nothing but make it harder and harder to survive.

Tariffs were wrong when Trump proposed them and they wrong under Biden. The only one who benefits from tariffs is the government. They are just like taxes and have the exact same negative effect on the economy as a tax increase.

Repeal the 16th amendment and impose tariffs on all imported goods.

Allow the people to decide whether they will buy American or pay the tax/tariffs.

The amendments (Bill of Rights) were first designed to protect the people from government.

Yes tariffs benefit the government that is supposed to be how it is financed.

Adam Smith would know.

BTW I am NOT in favor of any kinds of taxes. I know that's how the government supported itself up until 1913. But now because we import everything adding tariffs on top of all of the other taxes is slavery. Already our taxes go far beyond just supporting the government. To add tariffs now just puts us farther down the road to slavery.

I agree with you on everything else.

We must repeal the 16th amendment, and I'd get rid of the 17th amendment also if that stupid Woodrow Wilson law was repealed that limited the House to just 435 members. We're just getting the representation we need.

Not only that but what idiot thought that using the amendment process to control the people was the proper use of those amendments? The Constitution and the first 10 amendments show us clearly that the Constitution was written to control the government and not the people. Amendment should only be used to establish the rights of the people. And I don't mean any of those liberal rights, those aren't rights, they're privileges. A right is a freedom that does not impose on anyone else's liberty. Women's, black, gay, etc rights are privileges because they only apply to specific groups of people. A right has to apply to everyone or it's a privilege.

Tariffs worked in the early history of the nation and would've worked up until maybe about the 1950's or 60's.

But then foreign import began to flood the market. Now nearly everything we purchase comes from China.

Back when nearly everything was made in America, tariffs only caused the price of a small amount of imported goods to go up. And it was usually the stuff that only rich people could afford.

Now it is extremely hard to find American made goods. I'd say about 90% of everything we purchase comes from China. If we impose tariffs on China it will act just like a tax increase because everyone will be paying those tariffs in the cost of the products we buy.

If Adam Smith were alive today he would agree. Just because of the sheer quantity of imported goods, the only one who benefits from the tariffs we impose is the federal government. It act just like a tax increase on this tax is hidden in the cost of what we buy. It's no different than business taxes.

All taxation imposed on businesses, foreign or domestic, are passed on to the consumer.

If we made everything in America again then tariffs wouldn't be much of a problem but ALL taxation is theft and that includes tariffs.

Back in the early 30' (maybe 1928 or 9, after the stock market crash in 28) Congress passed the Smoot-Hawley act which imposed tariffs on goods from Europe. France almost went to war with us over that.

Tldr. I disagree not imposing tariffs is why nothing is made in America.

There should be double tariffs on products made overseas by American owned entities.

Sorry about being so wordy in this and in my previous posts.

What gave China the biggest boost is when Nixon gave China a most favored nation status. China then begin importing to the US for a lot less than American or (at that time) Japanese goods the floodgate begin to open. Nixon was a RINO, perhaps the first.

You could say that the absence of tariffs killed American manufacturing but there are also very strong arguments against that as well.

First off the problem with tariffs is that they have to be written for a specific individual item. They are not imposed on everything from one country. So to impose tariffs is extremely difficult because new products appear all of the time while other products disappear completely.

This is why Trump wasn't able to impose tariffs and why Biden won't be able to also. It would create another huge bureaucracy just to deal with all of the different products imported from China.

What we need to do is revoke China's most favored nation status and stop all imports. But before that we MUST ABSOLUTELY get a handle on the value of our currency. We MUST stop Biden from any further devaluation and devastation. There is no excuse for what he has done.

I don't know how long it would take to get us back on the gold standard but it was take longer than one 4 year term. Plus there are just too many Democrats in favor of devaluing our currency. But if we could go back to the gold standard and then cut off all economic ties with China then we might have a chance at restoring American manufacturing.

But that is just a pipe dream.

In my opinion I don't think tariffs will do anything other than cause an economic downturn. Considering how Biden has left us, any slight damage to the economy will send us into a much worse depression than the great depression and it will collapse our currency. That was Biden's goal in the first place.

Even when you finally do say something right, like how China's Most Favored Nation status should be revoked, you can't help but wedging in a falsehood.

The USD has strengthened under Biden, and by design. Unlike many economic trends falsely contributed to whomever is in office when they have little, if any, impact on them, that is something that he took an active role in, namely by having the key interest rate raised.

This has been explained to you directly many a time over the last couple of years since you joined.

I don't even know how to respond to that.