Everyone would love a deep manufacturing base. But unless American companies can manufacture at the price the foreign companies were, prices will go up, people will have less money to spend or buy less of that product specifically, and jobs will be lost again. Inflation will rise meaning higher borrrowing rates for consumers and businesses. Not to mention when those jobs are lost overseas so those consumers can’t afford American goods, while also generating anti American sentiment, exports will take a hit too. Eventually even the tariff revenues will decline if they aren’t allowed to compete here. It’s longing for a world that will never come back without a lowered standard of living. There is a legitimate concern about protectionism harming us, but that’s not what’s happening here in our borderline bizarre response of policy by tweet that changes day to day, and in some cases even tries to settle political scores, like with Brazil. International trade with limited tariffs, for all its faults, is far and away the most efficient economic system and what we should be encouraging. Ask just about any economist on the planet not trying to suck up to Trump.
86 percent of Americans stressed on grocery prices. More winning. https://apnews.com/article/poll-cos...stress-worry-cd183c59f034f6e87525675f3ca04864
I've said for a long time, somewhat seriously, that we just need to learn to regard making a sandwich at Subway or a burger at McDonalds as a manufacturing job, and that would solve a lot of our fretting over manufacturing jobs. Unfortunately everything is gender for some people, so making a sandwich is not manly, while making a steel beam is, even though its literally the same sort of banal and mindless process that almost anyone can do. If it helps, I would say a McDonalds worker should be allowed to wear a hardhat and Carhartt overalls when they are operating the burger machinery so they can feel like a big strong man.
Again, here is the full chart if you want a real picture. It is greater than it was 2 months ago, and is down in part because companies raced to fill their supplies before the tariffs went into effect, just look back a few months here. So unless we are bragging about March being one of the worst months in recent history, then posts like these are silly. United States Balance of Trade
Take a look at the 3-year graph at the link you posted. Interesting the trade imbalance declined after Trump's election and then increase when he announced the tariff plan in late January. Wonder why there was such a significant decline in Q4-24? Assuming exports have been somewhat consistent over the past 8-9 months, one could argue the recent uptick in the trade imbalance was to replenish inventories drawn down as a result of the Q4-24 decline. I think any analysis of the trade imbalance and potential causes of month-to-month fluctuations requires far more detail than any of us have at our disposal. And, I wouldn't take as gospel anything that was "spewed forth" from the MSM as they haven't a clue.
Couple of things. The trade deficit hit record highs (by a lot) in February and March as businesses loaded up on inventory in advance of Trump's tariffs. Some of the decline in the trade deficit in May June and July is due to that. But the other thing is, who has ever claimed that high tariffs wouldn't reduce the trade deficit? The whole point of tariffs is to reduce imports. No one denies that. In fact that is the problem with high tariffs -- reduced trade, reduced competition, higher prices.
What is impressive is that Trump is letting these countries "buy down" their tariffs if they commit to investing in the USA. This global shakedown now has commitments of 10 trillion dollars in 6 months. If only 10-20% of the 10 trillion were to come through in the next 3 years, it would be more than the 2008 stimulus and not paid for by the American taxpayer. That's historical. A global stimulus is most likely going to states without progressive priorities, and I am sure deals are in the works as we speak. Whether a tariff or other countries committing to making their products in the US, we are flipping the trade deficit. Main Street will thrive. Jamison Greer says it best on Face the Nation : MARGARET BRENNAN: I was reading some interviews you had given, and you said at some point the President’s view is maybe a tariff is better than a deal. Are you saying there are countries that just, they have no shot of avoiding a tariff? JAMIESON GREER: Well, I would say that, in fact, most countries in the world, they just have a tariff assigned to them, right? Whether it’s– MARGARET BRENNAN: It’ll be the 10 percent or 15 percent. JAMIESON GREER: 10 or 15 or the higher level tariff. Because, again, when the President is looking at this, he looks at potential deals, and we bring him potential concessions from countries and the things they might want to do. And he compares that to the potential tariff that might be applied to try to get that deficit down. And then talking to his advisors, he makes a call on this. And you know, sometimes a country will come back and make additional concessions that, that make it more appropriate. He’s trying to get at the deficit. He’s trying to reshore manufacturing. And so those are the factors he’s looking at when he’s looking at when he’s determining whether he’s just going to have a tariff or he’ll take a deal.
So in other words, we should believe your unexpert, but awesome, analysis and ....... disbelieve anything from that bad ole MSM? Including when they quote or report analyses from experts. Because that bad ole MSM "haven't a clue." I don't think you properly realize how funny your post right here is. Also; hey, wanna hear me tell you everything you need to know about Gator football? It's the truth. And don't believe anything "spewed forth" from that bad ole MSM media - they haven't a clue. (See how easy that was? )
More winning! Representative Mike Flood, Republican of Nebraska, was not even 30 seconds into his prepared introduction at a town hall in Lincoln on Monday evening when the booing and the jeering began. Then it didn’t let up for over an hour. “There’s been a lot of misinformation out there about the bill,” Mr. Flood told a crowd of more than 700 people gathered in a downtown recital hall, referring to President Trump’s sweeping domestic policy legislation that significantly cuts Medicaid, food benefits and other programs. “You are a liar!” multiple people shouted back. “Liar! Liar!” https://www.nytimes.com/2025/08/05/us/politics/mike-flood-town-hall.html
You are slipping jo. It's not like you to post without using the words criminal, racist, rapist or cult.
Dear leader knows his gullible followers have forgotten ALL the HUGE China tariff deals from first term where they were to build out factories and buy vast amounts of petroleum resources from the US. ...... but then they NEVER did and just laughed at him as he ahd to bail out the US soybean farmers for 12 Billion. Good times.
You actually think countries are going to follow through on these 'commitments'? They have nothing to lose by telling Trump they'll invest in the US and they gain a lower tariff rate.
Much of that investment was already planned and like the Wisconsin plant of Trump part 1 the odds of most of the rest of it ever coming to fruition are low. But to use your hypothetical 1.5 trillion number, if tariffs settle 15 percent higher than they were, we import about 4 trillion a year. At 15 percent higher cost, the investment gain would be offset in about 2.5 years, and then every year thereafter would be a loss. And the profits would be foreign owned, leaving the country as well.
Some of it is smoke and mirrors, which is why I used 10-20%, but don't think there is not a timetable set for many of these countries. You don't follow through... You get hammered.
