Trump threatens 200% tariff on John Deere

[Arcangl86]

I think his point is that should Donald succeed in this excessive tariff policy, then foreign imports would be way more expensive which could result in people who are currently buying imports to switch to cheaper US cars - thus the emphasis on “willingness”.

Though the reality will more likely be that American manufacturers raise their prices as well and there is no change in the market but more profits to the manufacturers.

 

[Vambram]

I think his point is that should Donald succeed in this excessive tariff policy, then foreign imports would be way more expensive which could result in people who are currently buying imports to switch to cheaper US cars - thus the emphasis on “willingness”.

No, that is not my point at all. I do not understand why it is difficult to understand the current situation. Just because people are willing to do something does not mean that they are able to purchase something, especially when it is so very difficult for people to pay their bills on a weekly basis.

 

[trophy33]

No, that is not my point at all. I do not understand why it is difficult to understand the current situation. Just because people are willing to do something does not mean that they are able to purchase something, especially when it is so very difficult for people to pay their bills on a weekly basis.

It seems you are saying that people would do something different if the situation was different. Which is a bit confusing, but I think I understand what you mean.

 

[DaisyDay]

No, that is not my point at all. I do not understand why it is difficult to understand the current situation. Just because people are willing to do something does not mean that they are able to purchase something, especially when it is so very difficult for people to pay their bills on a weekly basis.

So, just a moot point to this discussion.

 

[Vambram]

It seems you are saying that people would do something different if the situation was different. Which is a bit confusing, but I think I understand what you mean.

I am glad that you understand what I mean because I am not confused at all by what I've been posting.

 

[Vambram]

So, just a moot point to this discussion.

It is not a moot point because Bidenomics has made it difficult for people to afford to buy new cars.

 

[Arcangl86]

Lack of necessary funds.

You can buy GM and Ford products at similar price points to imported vehicles. So I'm not sure I get what you are saying here.

 

[trophy33]

I am not confused at all by what I've been posting.

Good for you.

 

[rjs330]

Everything except regulations?

What regulation would you suggest to keep manufacturing jobs from being shipped overseas?

 

[rjs330]

...those tariffs, which Biden kept in place, were targeted against certain Chinese imports (25%). Trump is calling for a tariff of 10-20% on *all imports* regardless of the country of origin. And. much higher tariffs on all Chinese imports. Once more, American companies who rely on imported parts to manufacture finished goods would feel the impact. Additionaly, countries would retaliate, resulting in reduced US exports.

Perhaps it would encourage some manufacturing of parts here instead of China. You can't trust the Chinese. Thats been proven more than once and yet we still buy from them cause it's cheap.

 

[DaisyDay]

It is not a moot point because Bidenomics has made it difficult for people to afford to buy new cars.

Yeah, it's moot. People who buy new cars are buying more foreign made than US made. Your claim is that they would be willing to buy American made, but don't because of Bidenomics which somehow is not making them unwilling or unable to buy foreign made.

Tariffs on foreign made cars will make them also unaffordable without lowering the price of American made. How is this a good idea?

 

[Vambram]

Tariffs on foreign made cars will make them also unaffordable without lowering the price of American made. How is this a good idea?

Tariffs are a good idea because they allow American manufacturing to compete on a more even playing field with the extremely cheap labor found in foreign countries.

 

[RoBo1988]

Punitive taxes on foreign cars would be a disaster. Japanese and Koreans are the only folks making actual cars now days in the US market.

The automobile with the most American made parts is a Toyota Corolla, from Georgetown Kentucky.

 

[trophy33]

Tariffs are a good idea because they allow American manufacturing to compete on a more even playing field with the extremely cheap labor found in foreign countries.

Not in the long run, though. Because instead of innovation and productivity, the competition is balanced by tariffs.

And the continuous loosing/slowing down of the natural market competitiveness will lead to backwardness and dependence on the government protection.

 

[DaisyDay]

Tariffs are a good idea because they allow American manufacturing to compete on a more even playing field with the extremely cheap labor found in foreign countries.

Indiscriminate tariffs are a bad idea as they raise prices for American consumers while, at the same time, lead to trade wars and retaliatory tariffs which kill American exports.

 

[Vambram]

Indiscriminate tariffs are a bad idea as they raise prices for American consumers while, at the same time, lead to trade wars and retaliatory tariffs which kill American exports.

The tariffs are not going to be indiscriminate, and the Trump tariffs that are still currently in place have not done what you are suggesting that they have done.

 

[DaisyDay]

The tariffs are not going to be indiscriminate, and the Trump tariffs that are still currently in place have not done what you are suggesting that they have done.

His campaign proposal is for indiscriminate tariffs:

Trump favors huge new tariffs. How do they work?

Former President Donald Trump has proposed a 60% tariff on goods from China and a 20% tariff on everything else the United States imports. This week, he raised the ante still higher.

www.pbs.org

“Tariff Man,” he called himself.

This time, he’s gone much further: He has proposed a 60% tariff on goods from China — and a tariff of up to 20% on everything else the United States imports.

This week, he raised the ante still higher. To punish the machinery manufacturer John Deere for its plans to move some production to Mexico, Trump vowed to tax anything Deere tried to export back into the United States — at 200%.​

I dunno, tariffs on everything imported sounds about as indiscriminate as possible....

 

[Vambram]

His campaign proposal is for indiscriminate tariffs:

Trump favors huge new tariffs. How do they work?

Former President Donald Trump has proposed a 60% tariff on goods from China and a 20% tariff on everything else the United States imports. This week, he raised the ante still higher.

www.pbs.org

“Tariff Man,” he called himself.​

​

This time, he’s gone much further: He has proposed a 60% tariff on goods from China — and a tariff of up to 20% on everything else the United States imports.​

​

This week, he raised the ante still higher. To punish the machinery manufacturer John Deere for its plans to move some production to Mexico, Trump vowed to tax anything Deere tried to export back into the United States — at 200%.​

I dunno, tariffs on everything imported sounds about as indiscriminate as possible....

The Trump tariffs have been such a great idea from his first administration, that even Joe Biden and Kamala Harris kept those tariffs in place.

 

[ralliann]

Trump threatens 200% tariff’ if John Deere moves production to Mexico​

• Former President Donald Trump threatened John Deere with a 200% tariff if the agricultural manufacturer moves some of its production to factories in Mexico.
• John Deere plans to shift production of some of its models to Mexico, a move that has resulted in layoffs at some facilities in Iowa.
• Shares of Deere dipped about 1.6% in after-hours trading. Trump made the threat shortly after the closing bell.

Note: This would double the price of their products.

“They’ve announced a few days ago that they’re going to move a lot of their manufacturing business to Mexico,” the Republican nominee said at a policy roundtable in Smithton, Pennsylvania, hosted by the Protecting America Initiative.

“I’m just notifying John Deere right now: If you do that, we’re putting a 200% tariff on everything that you want to sell into the United States,” said Trump, who has made tariffs a key focus of his campaign’s economic policy.

John Deere has announced that it plans to shift production of some of its models to Mexico, a move that has resulted in layoffs at facilities in Iowa.

“It’s hurting our farmers. It’s hurting our manufacturing,” Trump said Monday.

The former president made similar threats Monday to automakers that manufacture cars in Mexico.

“We’re going to put big tariffs on those cars that are coming in here at 100[%] to 200%, and they’re no longer going to be competitive,” he said, “so you better stay in Michigan.”

Note: This would increase the price by 50% to double the sticker tag.

For more information on tariffs see What is a Tariff.

Well that money Harris wants to give to start up business, can go to American produced tractors....
Considering Harris wants to price fix anyway, then demand more pay to workers to produce, how much more do you think these tariffs take from the companies?? Money they cannot make, along with Money they must pay to produce amounts to no better..
So either way move to Mexico to avoid the one, Price fixing, while demanding higher wages, or produce here and avoid the tariff...?
These companies moving to Mexico are supporting a corrupt government to exploit workers right along with their government anyway. Why all the bad America stuff?

 

[DaisyDay]

The Trump tariffs have been such a great idea from his first administration, that even Joe Biden and Kamala Harris kept those tariffs in place.

And now, the guy thinks that tariffs are the answer to all the economic problems - you did catch his proposal for solving the childcare problem for working parents, didn't you? Tariffs! Now tariffs on everything!

Bit of a one trick pony, your guy:

“Well I would do that, and we’re sitting down, and you know I was somebody — we had Senator Marco Rubio and my daughter Ivanka was so impactful on that issue. It’s a very important issue. But I think when you talk about the kind of numbers that I’m talking about — that because — the — child care is child care, couldn’t, you know, it’s something, you have to have it, in this country you have to have it. But when you talk about those numbers compared to the kind of numbers that I’m talking about by taxing foreign nations at levels that they’re not used to but they’ll get used to it very quickly — and it’s not going to stop them from doing business with us, but they’ll have a very substantial tax when they send product into our country. Those numbers are so much bigger than any numbers that we’re talking about including child care that it’s going to take care — we’re gonna have, I look forward to having no deficits within a fairly short period of time. Coupled with the reductions that I told you about on waste and fraud and all of the other things that are going on in our country because I have to stay with child care, I want to stay with child care — but those numbers are small relative to the kind of economic numbers that I’m talking about, including growth, but growth also headed up by what the plan is that I just, that I just told you about. We’re going to be taking in trillions of dollars and as much as child care is talked about as being expensive, it’s relatively speaking not very expensive compared to the kinds of numbers we’ll be taking in. We’re going to make this into an incredible country that can afford to take care of its people. And then we’ll worry about the rest of the world. Let’s help other people. But we are going to take care of our country first. This is about America first. It’s about make America great again. We have to do it because right now we are a failing nation. So we’ll take care of it.” ​

And some people claim that this wasn't rambling.