Trump says it’s full speed ahead with tariffs. It will cost US jobs. 
Trump’s Tariffs Will Punish Michigan
A new study shows Trump’s Tariffs Will Punish Michigan
A new analysis by the Anderson Economic Group examines the potential tariff damage.
Start with auto prices. The study estimates that a 25% tariff on the U.S. neighbors would increase the cost of a full-size SUV assembled in North America by $9,000 and a pickup truck by $8,000. The cost of an electric-vehicle cross-over would increase by $12,200. Canada is the biggest supplier to the U.S. of nickel, a key critical mineral in lithium-ion batteries.
Such higher prices owe partly to the compounding effects of tariffs on auto parts that sometimes cross the border multiple times. Mexico exports some $136 billion of vehicles and parts to such auto-manufacturing states as Michigan ($53.8 billion), Texas ($26.9 billion), Tennessee ($8.1 billion), Ohio ($2.4 billion), South Carolina ($2.2 billion) and Alabama ($1.8 billion). Canada exports $50.4 billion in vehicles and parts, with large amounts going to Michigan ($22.1 billion) and Texas ($14.8 billion).
Mr. Trump says tariffs will force auto makers to make more cars in the U.S. Not likely, and that would take time in any case. Domestic demand for some vehicle models—especially sedans—isn’t sufficient to justify the cost of building new U.S. factories. Auto makers will have to absorb the tariff, increase prices on cars, or stop selling some models because they are too expensive.
U.S. auto workers will pay, too, if auto sales drop as a result of higher prices. Note that new U.S. vehicle sales last year were about 1.2 million lower than in 2019, largely because inflation and higher interest rates have made cars less affordable. One result is that U.S. plants produced 340,000 fewer cars last year than in 2019.
There are about 17,000 fewer U.S. workers employed in motor vehicles and parts than there were six years ago. Average weekly hours worked in the industry have fallen. The President can’t blame imports, which have fallen even more than U.S. car production.
Mr. Trump says tariffs will force auto makers to make more cars in the U.S. Not likely, and that would take time in any case. Domestic demand for some vehicle models—especially sedans—isn’t sufficient to justify the cost of building new U.S. factories. Auto makers will have to absorb the tariff, increase prices on cars, or stop selling some models because they are too expensive.
U.S. auto workers will pay, too, if auto sales drop as a result of higher prices. Note that new U.S. vehicle sales last year were about 1.2 million lower than in 2019, largely because inflation and higher interest rates have made cars less affordable. One result is that U.S. plants produced 340,000 fewer cars last year than in 2019.
There are about 17,000 fewer U.S. workers employed in motor vehicles and parts than there were six years ago. Average weekly hours worked in the industry have fallen. The President can’t blame imports, which have fallen even more than U.S. car production.
The country is already decelerating rapidly. And consumer confidence is weakening. If Trump wants a recession, tariffs will help.
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The Census Department shows huge across-the-board declines in multiple categories, down 0.9 percent overall.
February 19, 2025: Housing Starts Drop 9.8 Percent, Unable to Retain Any Traction
Housing starts have mostly been rangebound since late 2022 as high prices and high mortgage rates dampen demand.
Factor in less immigration, a cutoff of aid for illegal immigrants, and student loan repayments and you have a nasty mix of recessionary factors.
“Trump says it’s full speed ahead with tariffs. It will cost US jobs.” Wrong it will cost US whole industries.
I bought a 2021 GMC Sierra that was made in Mexico. Along side of it was a similar truck made in Indiana at the same price. If GM can make them in the USA for the same price as the Mexican ones why would the tariffs make a difference?
parts are from Mexico.
Actually quite a few of the body parts are labeled “MAde in China”
Who fucking cares . Who in the hell is going to purchase a new truck with all the bells and whistles? Wait till the retired boomers die … there will be few folks spending 75-100 k on a pick up. See ya ford ,see ya dodge ,see ya chevy. Certainly there will be some abrupt changes as the boomers die . I wish I could be around to see the chaos as we leave this country to the generations of DEI . You will all be speaking Chinese by then ,I’m sure .
Sounds like bullshit to me.
This thread is like a bonfire with too much tequila …
douche. no win. but smells pretty.
Trump just delayed Tariffs on Canada and Mexico for another month! Now the target date is April 2. And “most” of the tariffs will be applied. But not all of them. WTF!
He just wimped out again. How will we ever get all the great benefits he is promising if he never actually applies the tariffs?
Must be a reason. It’s a damn good thing he has no problem changing his mind, that is a quality of strength to me. By April things will have shifted yet again.
Horray, Trump just added even more uncertainty to the market.
Maybe this 8D chess?
So 25% punitive tariff was completely reasonable, to be expected, and without risk? To closest tading partners to boot. Very rich.
You never get the whole package from Trump. He likes to announce terrible penalties dos that leaders of other nations crawl to him, then he is nice to them…..bad cop, good cop. He’s right about NATO, the EU should pay its way, but brand tariffs drive up costs of goods and will bring about a recession. His reason for tariffs is good….but does anyone believe there will be any significant cuts in income taxes for ordinary workers…..billionaires can look forward to massive tax cuts, but working families will have to struggle on as usual.
I read that he as going to ban the covid vaccines… then he didn’t…
Good article here:
Trump just said most of Tariffs will be getting imposed on Canada and Mexico.
Europe is hellbent on de-industrializing while US onshores production.
Who will be the losers in all of this? Not going to be US.
US will experience some volatility but for most part will do just fine.
Everyone else who uses US as dumping ground opps i mean targeted market, will be stimulating their economies as consequence to prevent severe downturn.
Governor Trudeau has not been consulted as this is a Big Boy decision.
I agree.
GM / Ford / Stellantis will be losers as they should be. None of these companies make an affordable sedan. They’ve CHOSEN to embrace the ultra high-end of trucks, SUVs & performance cars as well as unaffordable EVs without tax credits.
There’s no easy solution for any of these companies. They’re locked into massively escalating union contract. So, I’m not worried about what a truck costs, because I have no intention of buying one. If you are in the market, good luck! You’ll need it, if your truck is made in CA or MX.
So far markets have not been believers that he will carry thru.
Certainly not in currencies.
Just a simple statement Trump makes and there were some sizable reversals in currency pairs.
That most other countries are not taking this seriously means they are not taking steps to rectify the situation. The Double dare you mentality will end up forcing his hand.
Some people buy trucks just to have something big, bright and shiny,, the rest of us buy them for business purposes, like ups delivery, construction matetial, , and we will pass the cost on to our customers,, just like you,,
With the price of cars and trucks today, what’s another $10-15k?
Good! There are too many pickup trucks on the road.
I want a decapitation rig if I get in a head on with a small car . Long live pickup trucks!
So? Nobody of any value drives a pickup!
Not even one of your Cybertrucks?
Thats not a pickup… it’s a cuckmobile, and they are driven by my cucks.
I see quite a few Cyber Trucks, locally.
Correction: the fiscal and monetary largess by the blob will increase the price of a pickup—truck or street walking inseminated person— by X amount. Ah, the vicissitudes of empire an its discontents among the pigs with boner envy paying for increased pricey nondisclosure agreements.
Is that a dig at my failed penile implant, you filthy ableist?
No, it’s a play on common street walkers go to jail for paid prostitution while corporate whores on the payroll skate with paid for nondisclosure agreements pertaining to entertainment while escorting and having sex; in other words, double standards under the law for Mr. and Mrs Got Rocks, but 6th Street trolling Trixie goes to jail, unless it’s Nevada. . . .
It is pathetic to see our cowardly Congress give up so much of their power to the President. I do not know where all this ends, but I suspect that most of us will be a little worse off than now.
Maryland work force is about 3 millions. CA workforce is about 19 millions. Since almost 10% of CA workforce are employed by the federal gov and CA high tech co get juicy federal contracts ==> Trump has a huge leverage over CA, but Mexico has a huge leverage over the US. GM project $16 billions profit in 2025. $6B for buyback.
And still creating the largest deficit in history! Money for me but not for thee.
The price will increase unless manufactured in USA with Tesla robots.
Haaaaaahahahahaaaaaaaa! Good one!
This President Trump fellow, seems to be in the news quite a bit these days. Surely former President Joe Biden must have something to say regarding these issues.
it seems a bit one sided to always be getting President Trumps views, why have we forsaken Honest Joe Biden?
Old Joe Biden doesn’t get around much anymore.
If you listen closely, you can probably hear the sharts from his beach chair. In other words, the same as when he was in DC.
They took away his bio goo made from fetal stem cells and now he just sits at home and watches an endless loop of Sponge Bob reruns.
The Trudeau government (and the Carney one to follow) have vowed to shut in the Alberta oil patch, and Mexico is trying to kill a whole generation with Fentanyl. Therefore it doesn’t matter what happens to the price of pickup trucks in the short term. Canada and Mexico must be stopped. US independence from these nations is of the highest moral and economic objectives.
It is disingenuous to suggest that the US is not capable of building their own auto parts, or sourcing nickel either internally or from friendly nations. It might take a few years to straighten out, but the end result will be more jobs for Americans, not less. The best thing Trump can do is assure American business that these changes are permanent, and not just a short term negotiating tactic. Then capital will feel comfortable making the long term investments needed to solve the problem. It can be done, and the US will be better off. And it won’t take that long.
You don’t sell your daughter on the streets even if you need the money. There is always a better way. It is time to start looking at this thing from what is right. Success in business, as in all things, always starts there.
Reminds me of the term—– ” Rob Peter to pay Paul ”
Rob the Taxpayers by Tariffs that go to the the Government and then Government convince those same Taxpayers to think it’s all for their own good?
We just bought a new Subaru Forester. It is chock full of needless tricks up its sleeve. A SEVEN SPEED TRANNY. STUPID.
We bought it under duress and never thought we would move into a 2025 vehicle. We paid cash.
Nevertheless, I would prefer BUTTONS, not touchscreens, etc. It is quite a marvel to see how much they packed into a single automobile.
Our car that we dumped took a shit. We had move on and Mom had died, so we just wrote the check.
With all of that said, we like the Vehicle and this will be our last NEW one….I hope.
a quality used vehicle that can be repaired as needed will be much cheaper and you can buy one with as much or as little technology as you can stand.
it takes a bit of shopping to find the vehicle, but if you plan on having it for years, its worth the effort.
I like analog controls, I drive a 25 year old BMW.
it did not cost as much as a down payment on a house. I paid cash.
sometimes you have to vote with your wallet.
Then you are around 70 yo
People borrow money to buy these contraptions. It does not matter.
On the other hand, there will be a glut of 1 to 6 year old pickup trucks on the market soon. Most never had any cargo in the bed.
Before the Ukraine war, a Russian automaker was slated to start selling cars in the US. I think it was going to be based out of Austin, TX.
I looked at their cars out of curiosity. Severely under powered and about as bare bones as it can get but for an entry level purchase or a beater truck it would be impossible to beat from a price point.
Here is the pickup. “Reliable in business, Useful on vacation.”:
https://www.uaz.ru/en/cars/pickup-mkpp
https://www.thedrive.com/news/43307/uaz-in-the-usa-rugged-russian-suv-will-be-sold-here-for-around-26k
Mish, have you ever broke out the pros/cons of the whip ‘tariffs’, vs. the ‘carrot’ tax incentives.
In the end WE, the U.S. taxpayer or the consumer pay. It seems with tariffs, the corporations are forced to be streamlined with cost efficiencies, vs with tax incentives from government there tends to be waste and inefficiency.
I would love your thoughts on this.
Lets make America great again or a clueless president?
We had a “clueless president”…..he led to the one we have now!
They could choose to shut down the ridiculous notion of EV’s being the “GoTo” choice of most American consumers. Too costly, unreliable, no charging stations to speak off, and can’t have them in condo/Apartment complexes. Not to mention, China owns the technology, manpower to produce, and labor cost to do so any day, any night, all day, and all night!!
They could also take a 20% “Pay Cut in ALL Leadership /Non-Working positions immediately, and then a 10% cut across the board for the Unions to agree to, or mass layoffs and no jobs, there choice, and we know what they will take, now don’t we!
A lot of the problem solved right there… Let go 15%-20% of Management/ Supervisory Roles perhaps? A much needed cut anyway, so no loss. The good will stay and vice versa…
Why do parts have to cross borders as many as 8 times? Talk about inefficient. Can anyone explain the needless complexity of 10-speed transmissions and other alleged “innovations”? Make simple, practical vehicles, and retail prices drop.
Lack of genuine antitrust enforcement allows makers to pile on idiotic features with no real competition. Even with an activist enforcement head like Lena Khan (last admin), the private corps and lawyers sweep the field. Ultimately it would require the public to respond meaningfully and collectively, but that is a pipe dream: the frogs in the pot have been led along, and are well close to boiling. So it keeps going until something breaks on another level.
Yes, the hydramatic trannies were perfect. RELIABLE.
Tariffs are economic suicide.
So is strict adherence to theory.
I want free markets, and as a consumer, I like the best product at the lowest price. I really do not care where it is made. True reciprocal tariffs to induce the elimination of all tariffs make sense. But arbitrary tariffs and distorting other countries’ tariffs to justify slapping higher “reciprocal” tariffs are disingenuous and unethical. Europe’s VAT tax, just another way of charging a sales tax like virtually every state in the U.S. charges, is not a tariff, and saying that it does not make it so.
You probably also want a first world salary. If not, and you think everything should be a price race to the bottom by all means move to India where prices and wages are so wonderfully low everyone who can wants out.
Probably lives off government checks. It’s easy to be clueless in that bubble.
Do you remember the quality of American cars produced from the late 1970s through the late 1990s? The quality and design were terrible. Then came high-quality vehicles manufactured in Japan and, later, South Korea. Ford and GM were forced to significantly improve quality, design, and reliability. This competition-induced improvement saved these companies; the winners were American consumers.
The cost of transporting parts from state to state and shuffling cars from one country to country, in order to share the loot and get orders, votes and pay the Mexican cartel a cut ==> increase cost and prolong production. It prohibit American blue collar workers from buying a pickup truck. They cost between $50,000 and $80,000. The monthly bills are $900/m. Buy a brand new Silverado 2024 at $8,000 discount, before they are gone. The same car Silverado 2025 model will cost u $16,000 more.
What if the Mexican cartel choke production and strike back.
Nobody needs a Silverado in urban areas, only the genitally challenged do.
Wow, reading the comments here, suddenly everyone is for inflation when they were endlessly whining about it under Biden. I’ve noticed no one has mentioned the price of eggs anymore even though they are even more expensive now than under Biden.
Hilarious.
“It’s turtles all the way down and inflation all the way up!”
Wonder how many of these Trump disaster victims voted for Trump? Trump Stripped All $103 Million of Legal Assistance from Storm and Disaster VictimsTrump campaigned on a promise he wouldn’t abandon hurricane and flood victimshttps://www.dropsitenews.com/p/trump-stripped-millions-legal-assistance-storm-disaster-victims
The governor of Maine said something interesting the other day after Trump threatened to cut federal funds to Maine, she said if that happens, Maine will cut state remittances to the Fed.
I’d love for New York and California to do the same, that will bankrupt the fed faster than you can say “Cletus in the White House!”
Well now she will be liable for going against two federal laws instead of one. Will she go for a third to prove her love for men playing in women’s sports? Maybe.
If trump can ignore laws so can states. Checkmate Doug.
You do realize you can’t bankrupt the Fed. Even if a state or states cut off remittances the Fed can just print/borrow the money using the promises of eventually getting the money from those states.
If somehow that ever crashed the dollar (unlikely it would get to that), those same states use that money so in the end they would be crashing their money too.
Then consider what would happen the next time there is a disaster (wildfire in Cali, hurricanes in the South etc). Every state, Red and Blue has its hand out looking for Federal help…
States can start issuing their own currencies as they did before there was one currency. Some states are more self-sustaining than others and as so many people here have pointed out, the Fed doesn’t produce anything – no food, no energy, no goods only questionable “services” that wouldn’t be needed if the Fed is dissolved.
As an added bonus, no more Fed funded wars. The more I think about it the more I like it.
You’re kind of describing a secessionist scenario.
You’re going full states’ rights. Can the Robert E Lee statues go back up?
Sure. I am really going to exchange my dollars for Maine Mooses or whatever she will call them.
Like you could afford to go to Maine…
Will the Moose have his junk snipped off?
Constitution clears forbids states from issuing their own money. So that’s a non-starter.
At best they could move to a gold standard. But something tells me the individual citizens of the state would not want that because they’d almost certainly then be cut off from the banking system by the Federal government.
You live in some kind of warped bizzaro world with no basis in reality. States are not allowed to issue their own currencies. Go read the US Constitution.
Federal law checkmates state law MPO45v2 on this one. Check up on Executive order 14201 and the “Protection of Women and Girls in Sports Act” of 2025. The governor doesn’t get to define who is a man or a woman and certainly doesn’t have the authority to decide if a man can play in women sports. You may believe what you want but the law will determine what happens.
And when abortion was the federal law of the land, there were endless whining about states rights. Wow, how the hypocrisy churns. Remember your logic when the next president is a democrat and starts enforcing all sorts of things you don’t like.
Over 80% of Americans do not like trans men in women’s sports so the people support the Federal law. If your governor wants to die on this hill then she will. Personally do you think it is right for men masquerading as women to participate in women’s sports? For most of us it is a common sense issue.
What I think is irrelevant as is the topic. Either you are for states rights or you’re not or alternatively you’re for a powerful fed government or you’re not. Simply changing your position on a whim because you like or don’t like something is a large part of the problem.
2+2 should always = 4 for the universe to exist in a stable state. Laws should be followed so stable civilization exist in a stable state. Start tinkering with either and it all falls apart, history is littered with illogical trash thinking.
Most people don’t live in Portlandia like you so what we see as a common sense issue you turn it into something only a twisted lawyer could love.
Buh but… men are wearing women’s clothing!!!
Cheese with your whine?
Changing topics isn’t helping your argument. Please…. try to focus.
I’m sure that argument will hold up in court, lol. Do better, dude.
Your fascination with transsexuals is troubling. Please report to a wellness farm for treatment.
I have children and grandchildren who are girls so I don’t want transsexuals invading their spaces. If you call that an obsession then you are not a parent of if you are you are not a good one.
Biden used CA tax payers to buy votes in swing states. Gavin asked Trump to support the Palisade fire victims.
And almost 9% of all employees in California work directly for the federal government with another big chunk working for companies with juicy federal contracts. That is the highest percentage of all states except Maryland. California sends money to Washington and Washington sends it back.
its almost like money is a means of exchange using an abstract medium agreed by all parties to be valuable.
I wonder if Canada will have the nerve to impose a 25% export tariff on electricity sent from Quebec to New England?
They should. New York would finally let gas pipelines to cross its territory from gas producers in Pennsylvania and Ohio to users in New England. It is an entirely manufactured crisis.
Could the dissolution of the United States be the endgame?
Shhh! Vlad will hear! It’s supposed to be secret!
My Federal income taxes go to a bank P.O. box in Cincinnati not to Sacramento, so I don’t know how California could hi-jack them.
Nah, Maine’s governor was virtue signaling. Are you one of those wanting boys in girl’s sports? Because that’s why she got lippy with Trump at the meeting.
It’s all about owning the libs, the hell with everything else.
The irony is that the current admin supports many of the same socialist policies that the Democrats do such as money printing, the Fed setting interest rates, tax breaks for the wealthy, deficit spending, etc. Kind of seems like it’s just the connected trying to maintain the status quo while distracting and dividing people with trivial culture war stuff, hence the term Uniparty.
There is unbridled inflation causing destruction of economic purchasing power for no good reason, but to enrich bankers.
There is surgical inflation caused by economic policies to reindustrialize the USA and develop economic independence from other nations.
One can understand surgical inflation and be willing to live with it, for the ensuing benefits to ourselves and future generations.
One needs to understand delayed gratification, to know sometimes you need to do a difficult thing with no immediate reward, in order to benefit later, often proportionately to the efforts.
The chocolate ration has been increased to 20 grams!
this explains it https://imgur.com/a/gRgZ5wM
The impact on Canada and Mexico is far worse. The US can handle the sting of paying more. We also have more cars. Just buy a used one. Rental companies sell them with low mileage for example. Eventually Canada and Mexico will cave. There is a recent video of the Canadian finance minister saying the tariffs would devastate Canadians.
The Mexican cartel might use the tariffs to strike Trump and the US until they get higher wages and better social benefits for Mexican workers. They rule Mexico. The USMC ceasefire is dead. They will terrorize us any way they can.
As long as others get stiffed worse, those suffering from TDS II will gloat getting stiffed.
No, they’ll just form more supply relationships with China and the myriad other countries out there.
Back in the days before there was relatively free trade between the US and Canada, a Samsonite attache case cost $25 plus local sales tax in Rochester, NY and $50 plus local sales tax in Toronto. Lots of Canadian college students bought the cases (before cheap Chinese made backpacks became popular). They just paid more.
“Factor in less immigration…”
Did you mean “illegal” immigration?
“…a cutoff of aid for illegal immigrants”
This sounds like something a socialist would argue. Government handouts do not drive economic growth, they actually hinder it.
Unless it’s the rich who receive the handouts in the form of incentives or tax cuts.
Reagan, are you back from the dead?
Of course, you don’t define ‘government handouts’ but I personally appreciate the interstate highways, national parks and military protection in the US. But if you want to get rid of Social Security, make that argument to all the beneficiaries (takers) here
Everyone who paid FICA tax is a victim not a beneficiary.
That’s incorrect. 2/3+ of Americans receiving Social Security paid in less actuarily than they will receive in benefits; the higher income amongst us make up the difference.
So those 2/3 are takers of handouts. Sorry, but it’s just statistics
Lol, I wouldn’t call spending on infrastructure, military defense or entitlements “handouts”, but at least you recognize that such spending doesn’t drive economic growth.
If your argument is that such spending justifies handouts to illegal aliens, then you’re just wrong and the majority of Americans disagree with you.
From what I’ve heard, theres a tremendous amount of waste and grift in defense spending, such as massively overpriced parts and equipment for connected contractors. Still waiting on team Doge to start finding all of that and firing and charging those at fault.
Pay the $8,000 or buy a vehicle made in the US.
Given the quality of US made vehicles, it’s better to pay $8000 more for an import, as that would be recouped in the first year after the warranty expires.
many “imports” are made in America, BMW, Toyota etc..
BMWs are great for the first 4 years or 50,000 miles, whichever comes first.
Subarus have a lot of production in the US. We own a Subaru. It’s 9 years old and in excellent shape. We’ve had limited repairs other than maintenance items. We’ll be one of the over 95% of people that still has a Subaru that is over 10 years old.
There are no 100% made in the USA vehicles (don’t think even Telsa is).
That’s the point the article is making. After decades of the auto pacts with Mexico and Canada the production is co-mingled such that none of the 3 countries 100% produces a vehicle within it’s borders.
Thus the price of all vehicles is going to rise.
Correct
They will or they go bust.
all new vehicles, at least. Used vehicle require no tariffs to purchase.
There may be no tariffs but don’t for a minute believe the used car prices aren’t going to rise.
They will rise because of supply/demand. Already this year they have spiked due to lack of inventory (due to very few cars being made in the years 20-22 due to covid scam). If new cars rise by 8K then expect used cars to also spike because so many will instead try and buy used which will drive up the price. Maybe not 8K worth but I would not be surprised to see 2-3K worth.
Trump wants the border fixed. I can’t find fault in that but it will take more than a month, much more. I think we are still looking at April 1st when the advisors report is due on economic reciprocal tariffs.
When will some people realize or admit that Trump and the Republicans have a majority in Congress so they could pass a law making e-verify mandatory with strict penalties and no loopholes whenever they want but they aren’t doing that so that should tell people how they really feel about border security despite all their rhetoric to the contrary.
iN 1974 MY brother graduated HS & his NEW VW cost $1750-now you can’t buy a lawn tractor for that! UAW workers make twice that of regular folks & whine for more despite a new truck payment is more than a mortgage [hence they promote leases where consumers own nothing but pay for all taxers, upkeep, registration AND buyers get less…no spare tire for instance. It’s become just another racket where the Middle Class can no longer afford beef, eggs, homes, etc.
You’re not enjoying all the savings from offshoring?
Telephones were cheaper back then. I bought a nifty red ATT phone for $20 back in 1973. Now phones cost hundreds of dollars.
You can buy a new, decent landline phone for about $20. I have one. One with voice mail will cost about $60. If you want a cell phone with a lot of features you will probably never use, be prepared to pay up.
You can get a fine basic Android phone for $50 with a cheap plan.
But you have to carry it around all the time and people can reach you anytime anywhere. In 1973 telephones were fixed in place. When you left the house no one could reach you. It was peaceful and no distractions. It was heaven.
I carry around a cell phone most of the time, but it is for emergency use only. I keep it turned off otherwise unless I have a good reason to keep it on.
In 1973 an HP 5100 computer cost $95,000 ($700,000 today). My smartphone today is a more powerful computer (and phone) and costs $1000.
Ah yes, The peasant mind is strong with this one. Punching laterally or downward at fellow working class folks because they MIGHT have a smidgen more than you.
Stop identifying with your misery and struggle. Every working class stiff is in the same boat as you more or less.
Peasant mind vs Bourgeois mind vs Aristocratic mind? Could you please give the outstanding characteristics of each class please?
He’s just dumb, poor, scared and lonely… they love this sort of nonsense
Misery is a drug for my simps… the more I take from them the more they love me.
You got that right.
Rather, regular folks make half as much as UAW folks because they’re doing it wrong.
This is a function of the Federal Reserves 2% inflation model. My parents built a new 3 bedroom 2 bath home for 16,000$ in 1962. That house today would sell for 500,000 $
My 1st job in 1972 paid me apprx 2,600$ a year and I could afford a car, rent, clothes etc, as well as managing to save 1000$ in 3 years on that salary.
Inflation has wrought terrible harms to this nation, its values, and its population. Everyone complains about aspects of it, taken out of context. but the problem is the entire banking industry predicated by the Federal Reserve and its corrosive policies.
When stopping the invasion of your country, and ending the literally theft of the taxpayer to fund that illegal invaion, is argued as bad for the economy and the people, THEN there is something VERY wrong and short sighted in your analysis.
WE have this garbage rationalizations for the past 50 years. Its got to stop.
Its not just ridiculous, its theft.
Try to stay on topic.
This blogpost is about tariffs, not deportations. But what might be considered ‘theft’ by some is taking away my consumer rights to buy whatever car I want, but taxing me differently if I choose to buy a car abroad. Ford Motors is allowed to sell abroad (rightly) so why shouldn’t I be allowed to buy from abroad (w/o extra taxation)?
Simple tariff analysis is wrong.
Some production steps will be reshored, rather than paying tariffs. It’ll cost more than today, but less than paying tariffs.
How will nickel be re-shored? Did you read the article?
It would take years to setup a nickel mine and the subsequent ecosystem to extract, produce, refine, and distributed that one mineral.
Trump would be out of office by the time that happened and at that point, why bother?
He’ll just cancel all elections, like Zelenskyyy.
Nickel is in a bear market. A 15% tariff would put the price where it was late last year. Now if we imported eggs from Canada that would be another thing.
if we could stop culling chicken farms for a viral equivalent of covid19, a disease that can’t be discovered except through multiple iterations of PCR testing – egg prices would be normal.
if one were conspiracy minded, one would think the whole avian flu debacle was instituted to destroy food production for nefarious purposes.
we will need nickel, even when President Trump is retired. If we give a man a nickel, he can buy bubbble gum, but if we teach him to extract, refine and produce nickel ingots he has a job for life and we have a supply of nickel for industrial purposes and for purchasing bubblegum.
Thinking in the context of 4 years needs, is rather short sighted when dealing with or understanding the needs and proper functioning of an entire nation’s next hundred years.
Will it? What if the productivity and costs abroad are much better than the tariffs’ worth? You do realize that the consumer ends up paying the tariffs, don’t you?
but the trick is the industry’s employ the people paying the tariffs, by buying the goods, and therefore wind up increasing their employee’s wages or risk not being able to sell their goods or retain employees.
the equation eventually balances out to zero, but the efforts produce a stronger, more vibrant national economy and a more independent supply chain, and nation.
Of course, but that’s the democrats fault. Because reasons.