What Gives???

[baddog]

All the democrats and some republicans have cursed Trump up and down for his tariffs and how they raise prices. Funny what people will do when it serves them.

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[Porter]

If tariffs do not raise prices on the cost of food for Americans, why are we suspending them now?

Unless they do raise prices, which Milton Friedman warned, and POTUS wishes to bring down costs.

If that's the case, eliminate them altogether and lower prices on everything.

Reminder, tariffs are a backdoor tax on American businesses and consumers.

American importers pay the tariff/tax on the good at the port of entry, which is collected by Customs and Border Protection (CBP).

That cost is then passed on to the American consumer. You.

This is basic high school economics.

[tvc184]

If I read it correctly (I didn’t read the article from the OP), it isn’t just against Russia but against the top importers of Russian oil and gas.

However….

This shift in political posturing might not be so generous as it seems on the face of it.

I read a couple of opinion articles about the concern that these sanctions might increase the cost of living on certain items. That got me to thinking.

A couple of days ago I heard that inflation was the current number one issue for voters. Things like global warming and other issues might have been in the single digits.

With the midterms rapidly approaching, what better way to possibly increase prices than to agree with Trump on tariffs?

This seemingly goodwill gesture might not be so honorable.

But it’s just a thought. I have not seen where anyone has brought that up. 

[UT alum]

2 hours ago, baddog said:

All the democrats and some republicans have cursed Trump up and down for his tariffs and how they raise prices. Funny what people will do when it serves them.

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That is classic quid pro quo negotiation. Democrats feel Russia sanctions were more important than giving Trump “limited tariff authority”. Trump and the Republican Party side with Russia these days, so they want more authority to keep inflicting harm on American consumers in exchange.