I think President Trump knows what he's doing. He already has countries wanting zero tariffs between our countries and that's what it's all about in my opinion.
I agree. The tariffs are a negotiating tactic. My understanding is the goals are to get countries to secure the border for both drugs and people, stop countries sending drugs via Mexico and Canada, negotiate reciprocal free trade, not our market open while their markets are closed, and stop subsidizing the world.
The US subsidizes defense, healthcare cost, pharmaceuticals, and tech the world over. Only the US has somewhat market based pricing on healthcare and pharmaceuticals for example so we pay for development while the world freeloads. Ditto defense etc.
This lets them believe socialism works because we pay (e.g. Northern Europe). They need to learn that the irrational can never work and authoritarianism such as socialism, communism or fascism never will. But the US enables them.
Because governments are generally terrible for the people of the country. They live off them. That's what they do. Tax, regulate, prohibit, steal, jail, kill. Tariffs are a tax on you when you buy something from across a country border, nothing less.
I disagree with Rand Paul on tariffs. What Trump is doing now is what no politician for the past 20 years has had the cajones to do. When our own military and security systems are at elevated risk of being compromised because they're wholly reliant on foreign manufacturing it's a big problem. Entire American towns are decimated because they never recovered from the loss of manufacturing jobs. There's two to three generations of American men who are shut out of healthy employment opportunities because they don't have the means for college or access to decent employment to support themselves. The most lucrative work for young women is porn.
Globalism is great for Wall Street but it's success was on based on sacrificing Main Street. Now here we are. Global trade war? Bring it. If Walmart loses market share I won't cry.
Truthfully I believe this is the right thing to do for America 🇺🇸. We NEED Pharmaceuticals and other businesses to move back to America. China has a hold on us and if, God forbid, we went to war with China one year we would be screwed. I don’t mind not shopping for a while for our wellbeing. President Trump knows what he is doing. He is a Very Smart man and he has the smartest man in the USA by his side. Stop blocking Trumps plans!!!!!
It’s ironic that people who want clean air and clean water, which are global “climate” issues, would want to continue trade with any country that does not adopt and adhere to our states’ environmental standards. We also have very strict labor standards here in the United States. How many of the countries we trade with have similar labor standards as ours? Free trade is not fair trade. I live in a community that was once the textile manufacturing capital of the world. Tariffs made that possible. With the introduction of the “Federal” Reserve and the income tax, and the elimination of tariffs that industry, a vital industry, has moved over to foreign countries. The largest manufacturers in my community now produce weapons for the federal government, essentially a program of welfare for business. As a nation we should reclaim our independence and produce the essentials we need right here in the United States and at all cost avoid foreign entanglements.
What about all the jobs that have been lost in the US as a result of this trade? The middle class has been gutted as a direct result of global trade! We have to do more to help rebuild our economy and the middle class before there is only the very rich and the very poor.
The result of this income disparity will be a shift towards socialism as people see no other way.
This conversation is ignoring the very core of why President Trump is doing what he is on tariffs!
And this I believe is one of the few issues you are wrong. Tariffs are the way to go and should have been balanced out decades ago. A little pain now for prosperity later.
Tarrifs are not only an economic tool to bring fair play in international trade. They are also a diplomatic tool that can cause nations, like PRC, the EU, and on and on, who are waging trade war on America, to change their policy.
A country's tariffs encourage overseas companies to build manufacturing plants in that country rather than in another where labour costs and energy are cheaper. This creates jobs in that country and reduces the cost of shipping goods across the world along with all the additional energy that entails. Goods manufactured in Western countries find it hard to compete in their local markets against goods imported from countries with cheaper costs of production; nor can the goods they export to those developing countries compete with the local, cheaper-made product, especially when burdened by tariffs. Tariffs applied reciprocally and judiciously level the playing field. But ultimately, what Trump's doing is encouraging countries which have been getting a free ride with tariffs to remove them altogether.
The deconstruction of the broad middle class, as a party favor to foreign nations, has occurred bit by bit over the past 35 years. The tools of tariffs are a "necessary evil" in order to rebuild it. It won't happen overnight. Turning the ship of state around is a formidable undertaking and not for the faint of heart.
I think prices may go up for a while but I also believe that the tariffs will eventually go down or at least balance out to make it fair exchange of goods for our country.
It's about time the US stood up to the rest of the world. Why is it OK for other countries to tarrif us at outrageous amounts and not OK for us to tarrif others? It's not!
There might be a short time that is uncomfortable while changes take place. We've already suffered through years of Bidenomics. A few more months of discomfort is well worth the final result. Give Trump and his team a chance to make the lasting change that will make us all better off.
Faithless and feckless! The minute his portfolio and the portfolios of those whose pocket he's in went sideways he outed himself...like so many other RINOS. A whole lot of staunch "Trump Supporters" just got exposed.
You made comment you have trade deficit with grocery store. Reason that is bogus comparison. Do you have a total trade deficit with everyone? If you do…guess what. You are broke.
Sure Americans enjoyed cheaper goods for 25 years but at what cost? The loss is the jobs that supported the middle class and the communities that they were built around. Also you can’t be the strongest military in the world when you don’t “manufacture” the weapon components domestically. Sure we may pay a bit more but if we don’t start buying “made in USA” products we are doomed long term.
Have to disagree with Rand Paul on this. Remember when Levi jeans were made in America? Remember when Tupperware was made in America? The factories were moved, stock and barrel to China because it was cheaper, and the CCP gives free shipping to all of its companies, not to mention slave labor. American products can’t compete against cheap foreign goods. And of course, those countries have huge tariffs against our products. So it’s impossible to compete because there is no level playing field.
I think President Trump knows what he's doing. He already has countries wanting zero tariffs between our countries and that's what it's all about in my opinion.
I agree. The tariffs are a negotiating tactic. My understanding is the goals are to get countries to secure the border for both drugs and people, stop countries sending drugs via Mexico and Canada, negotiate reciprocal free trade, not our market open while their markets are closed, and stop subsidizing the world.
The US subsidizes defense, healthcare cost, pharmaceuticals, and tech the world over. Only the US has somewhat market based pricing on healthcare and pharmaceuticals for example so we pay for development while the world freeloads. Ditto defense etc.
This lets them believe socialism works because we pay (e.g. Northern Europe). They need to learn that the irrational can never work and authoritarianism such as socialism, communism or fascism never will. But the US enables them.
If tariffs are so bad for a country why do so many countries have tariffs/restrictions on the US?
Because governments are generally terrible for the people of the country. They live off them. That's what they do. Tax, regulate, prohibit, steal, jail, kill. Tariffs are a tax on you when you buy something from across a country border, nothing less.
I disagree with Rand Paul on tariffs. What Trump is doing now is what no politician for the past 20 years has had the cajones to do. When our own military and security systems are at elevated risk of being compromised because they're wholly reliant on foreign manufacturing it's a big problem. Entire American towns are decimated because they never recovered from the loss of manufacturing jobs. There's two to three generations of American men who are shut out of healthy employment opportunities because they don't have the means for college or access to decent employment to support themselves. The most lucrative work for young women is porn.
Globalism is great for Wall Street but it's success was on based on sacrificing Main Street. Now here we are. Global trade war? Bring it. If Walmart loses market share I won't cry.
I really like Rand but this time I think he’s out of touch.
Agree
Truthfully I believe this is the right thing to do for America 🇺🇸. We NEED Pharmaceuticals and other businesses to move back to America. China has a hold on us and if, God forbid, we went to war with China one year we would be screwed. I don’t mind not shopping for a while for our wellbeing. President Trump knows what he is doing. He is a Very Smart man and he has the smartest man in the USA by his side. Stop blocking Trumps plans!!!!!
It’s ironic that people who want clean air and clean water, which are global “climate” issues, would want to continue trade with any country that does not adopt and adhere to our states’ environmental standards. We also have very strict labor standards here in the United States. How many of the countries we trade with have similar labor standards as ours? Free trade is not fair trade. I live in a community that was once the textile manufacturing capital of the world. Tariffs made that possible. With the introduction of the “Federal” Reserve and the income tax, and the elimination of tariffs that industry, a vital industry, has moved over to foreign countries. The largest manufacturers in my community now produce weapons for the federal government, essentially a program of welfare for business. As a nation we should reclaim our independence and produce the essentials we need right here in the United States and at all cost avoid foreign entanglements.
What about all the jobs that have been lost in the US as a result of this trade? The middle class has been gutted as a direct result of global trade! We have to do more to help rebuild our economy and the middle class before there is only the very rich and the very poor.
The result of this income disparity will be a shift towards socialism as people see no other way.
This conversation is ignoring the very core of why President Trump is doing what he is on tariffs!
And this I believe is one of the few issues you are wrong. Tariffs are the way to go and should have been balanced out decades ago. A little pain now for prosperity later.
Tarrifs are not only an economic tool to bring fair play in international trade. They are also a diplomatic tool that can cause nations, like PRC, the EU, and on and on, who are waging trade war on America, to change their policy.
A country's tariffs encourage overseas companies to build manufacturing plants in that country rather than in another where labour costs and energy are cheaper. This creates jobs in that country and reduces the cost of shipping goods across the world along with all the additional energy that entails. Goods manufactured in Western countries find it hard to compete in their local markets against goods imported from countries with cheaper costs of production; nor can the goods they export to those developing countries compete with the local, cheaper-made product, especially when burdened by tariffs. Tariffs applied reciprocally and judiciously level the playing field. But ultimately, what Trump's doing is encouraging countries which have been getting a free ride with tariffs to remove them altogether.
The deconstruction of the broad middle class, as a party favor to foreign nations, has occurred bit by bit over the past 35 years. The tools of tariffs are a "necessary evil" in order to rebuild it. It won't happen overnight. Turning the ship of state around is a formidable undertaking and not for the faint of heart.
I think prices may go up for a while but I also believe that the tariffs will eventually go down or at least balance out to make it fair exchange of goods for our country.
It's about time the US stood up to the rest of the world. Why is it OK for other countries to tarrif us at outrageous amounts and not OK for us to tarrif others? It's not!
There might be a short time that is uncomfortable while changes take place. We've already suffered through years of Bidenomics. A few more months of discomfort is well worth the final result. Give Trump and his team a chance to make the lasting change that will make us all better off.
Faithless and feckless! The minute his portfolio and the portfolios of those whose pocket he's in went sideways he outed himself...like so many other RINOS. A whole lot of staunch "Trump Supporters" just got exposed.
You made comment you have trade deficit with grocery store. Reason that is bogus comparison. Do you have a total trade deficit with everyone? If you do…guess what. You are broke.
Sure Americans enjoyed cheaper goods for 25 years but at what cost? The loss is the jobs that supported the middle class and the communities that they were built around. Also you can’t be the strongest military in the world when you don’t “manufacture” the weapon components domestically. Sure we may pay a bit more but if we don’t start buying “made in USA” products we are doomed long term.
Have to disagree with Rand Paul on this. Remember when Levi jeans were made in America? Remember when Tupperware was made in America? The factories were moved, stock and barrel to China because it was cheaper, and the CCP gives free shipping to all of its companies, not to mention slave labor. American products can’t compete against cheap foreign goods. And of course, those countries have huge tariffs against our products. So it’s impossible to compete because there is no level playing field.