More winning...

[vraiblonde]

$15 Billion And Climbing: Trump’s Tariffs Deliver Record High Revenue

U.S. Customs duty collections soared more than 60% in April, marking the highest monthly revenue haul from in American history.

dailycaller.com

U.S. Customs duty collections soared more than 60% in April, marking the highest monthly revenue haul in terms of dollars in American history.

According to newly released Treasury Department data reviewed by Bloomberg, at least $15.4 billion in customs duties and related excise taxes flowed into federal coffers last month, $6 billion more than the month before. This spike in revenue coincides with the first wave of President Donald Trump’s newly implemented tariffs taking effect. Those include a renewed 25% tariff on steel and the “universal” 10% tariff Trump announced on April 2.

HA!

 

[Hijinx]

I am all for reciprocal tariffs, but it will mean an increase in the price of items for a term until it is all worked out.
i also believe the additional jobs coming here will even it all out.

 

[PrchJrkr]

I am all for reciprocal tariffs, but it will mean an increase in the price of items for a term until it is all worked out.
i also believe the additional jobs coming here will even it all out.

I agree with you on both statements, however, it's going to be a wild ride that will be quite scary at times. Hang onto your hat!

 

[Ken King]

I agree with you on both statements, however, it's going to be a wild ride that will be quite scary at times. Hang onto your hat!

Take a deep breath and imagine the alternative.

 

[PrchJrkr]

Take a deep breath and imagine the alternative.

:shudder:

 

[BOP]

$15 Billion And Climbing: Trump’s Tariffs Deliver Record High Revenue

U.S. Customs duty collections soared more than 60% in April, marking the highest monthly revenue haul from in American history.

dailycaller.com

HA!

Demonrat politicians are suddenly salivating at the prospect of getting their grubby little dick-skinners on all that money.

 

[Clem72]

I am all for reciprocal tariffs, but it will mean an increase in the price of items for a term until it is all worked out.
i also believe the additional jobs coming here will even it all out.

No, the jobs will not even it out. We do not wan't any of the jobs we outsourced to China, not even our illegal immigrants would work in those conditions for those wages.

 

[vraiblonde]

No, the jobs will not even it out. We do not wan't any of the jobs we outsourced to China, not even our illegal immigrants would work in those conditions for those wages.

Well, you're right that we don't have slavery in this country where we lock women and children in a factory for 12 hours, then throw them a crust of bread as their "wages". But it's not true that Americans won't do manufacturing jobs. That was proven during the first Trump administration.

 

[PeoplesElbow]

I am all for reciprocal tariffs, but it will mean an increase in the price of items for a term until it is all worked out.
i also believe the additional jobs coming here will even it all out.

I hope so, we have to holdfast though. The next admin can't cave or we have lost it forever, business knowing the government can't be trusted for them to make the big investments here for manufacturing to return.

 

[Clem72]

Well, you're right that we don't have slavery in this country where we lock women and children in a factory for 12 hours, then throw them a crust of bread as their "wages". But it's not true that Americans won't do manufacturing jobs. That was proven during the first Trump administration.

Sure, but the "good" manufacturing jobs for the most part didn't leave. They are the ones that rely on higher skilled workforce, so they are also harder to source and train (which would make it more difficult to import those jobs as well). Intel and AMD didn't outsource to China (or Taiwan), those places "caught up" and in some cases surpassed through other means.

And as we know the major reason manufacturing goes to China is the cheap labor, not the skills. If these companies bring the work back to the US they will heavily invest in automation. So we might get one "good" US manufacturing job for every 10/20/etc. low skill/wage jobs replaced. It's not a winning strategy.

 

[Clem72]

I hope so, we have to holdfast though. The next admin can't cave or we have lost it forever, business knowing the government can't be trusted for them to make the big investments here for manufacturing to return.

Fsck the companies, they are every bit as untrustworthy. How many times has a local or even state government given absolutely incredible deals to bring in manufacturing jobs (like no taxes for 5 years, we will build all necessary infrastructure, and give you $xx billions to move here) and on the very next day after their handouts are stopped they leave.

 

[PeoplesElbow]

Sure, but the "good" manufacturing jobs for the most part didn't leave. They are the ones that rely on higher skilled workforce, so they are also harder to source and train (which would make it more difficult to import those jobs as well). Intel and AMD didn't outsource to China (or Taiwan), those places "caught up" and in some cases surpassed through other means.

And as we know the major reason manufacturing goes to China is the cheap labor, not the skills. If these companies bring the work back to the US they will heavily invest in automation. So we might get one "good" US manufacturing job for every 10/20/etc. low skill/wage jobs replaced. It's not a winning strategy.

So US companies can ben fit from that automation, it doesn't come out of thin air. And less jobs created than were in China, personally I don't care about employing people in China.

 

[vraiblonde]

Sure, but the "good" manufacturing jobs for the most part didn't leave. They are the ones that rely on higher skilled workforce, so they are also harder to source and train (which would make it more difficult to import those jobs as well). Intel and AMD didn't outsource to China (or Taiwan), those places "caught up" and in some cases surpassed through other means.

And as we know the major reason manufacturing goes to China is the cheap labor, not the skills. If these companies bring the work back to the US they will heavily invest in automation. So we might get one "good" US manufacturing job for every 10/20/etc. low skill/wage jobs replaced. It's not a winning strategy.

You're right. All is lost. We might as well all go kill ourselves then. The US is irreparably destroyed and there's nothing we can do about it.

 

[Clem72]

You're right. All is lost. We might as well all go kill ourselves then. The US is irreparably destroyed and there's nothing we can do about it.

That wasn't the intent of my post, the point I was trying to make is that we shouldn't count on tariffs alone to bring a wave of manufacturing back to the US.

 

[vraiblonde]

That wasn't the intent of my post, the point I was trying to make is that we shouldn't count on tariffs alone to bring a wave of manufacturing back to the US.

No, you're right. It'll never work. The America we once knew is dead and that's that. We'll never have manufacturing in this country, we're owned by China lock stock and barrel, hell they even control every morsel of food.

Now all that's left is to starve to death. Hooray for pessimism! We hate that Trump ahole! How dare he do anything to try and halt the inevitable?

 

[PrchJrkr]

I'd still like to know how a foreign company can purchase a huge business in the US, such as Smithfield.

 

[vraiblonde]

I'd still like to know how a foreign company can purchase a huge business in the US, such as Smithfield.

Easy - the owners sold it to them.

IMO there should be some law preventing hostile foreign entities from buying up our food supply. One would think that would fall under national security, but I'm not sure how you tell a company they can't sell to whoever they want. And it's not like an American company can compete against the deep pockets of a whole freaking country. Plus you know damn well elected officials got paid to facilitate this.

If it were up to me no foreign nation would own even one square inch of American land.

 

[PrchJrkr]

Easy - the owners sold it to them.

IMO there should be some law preventing hostile foreign entities from buying up our food supply. One would think that would fall under national security, but I'm not sure how you tell a company they can't sell to whoever they want. And it's not like an American company can compete against the deep pockets of a whole freaking country. Plus you know damn well elected officials got paid to facilitate this.

If it were up to me no foreign nation would own even one square inch of American land.

That's what I was alluding to when I posted it. Someone from a hostile country buying a large food company here sets off so many alarm bells, but it's all fine and dandy with our gov. The same with owning property. Unless you're a US citizen, you shouldn't be able legally own a GD thing in our country. /soapbox

 

[Clem72]

No, you're right. It'll never work. The America we once knew is dead and that's that. We'll never have manufacturing in this country, we're owned by China lock stock and barrel, hell they even control every morsel of food.

Now all that's left is to starve to death. Hooray for pessimism! We hate that Trump ahole! How dare he do anything to try and halt the inevitable?

 

[LtownTaxpayer]

Easy - the owners sold it to them.

IMO there should be some law preventing hostile foreign entities from buying up our food supply. One would think that would fall under national security, but I'm not sure how you tell a company they can't sell to whoever they want. And it's not like an American company can compete against the deep pockets of a whole freaking country. Plus you know damn well elected officials got paid to facilitate this.

If it were up to me no foreign nation would own even one square inch of American land.

I don't even like American citizens like Bill Gates owning large acreage in the US. He was buying up farmland and at the same time encouraging people to eat lab-created food. NOPE!!!