Trump G-7 bombshell-"We should at least consider no tariffs, no barriers, scrapping all of it"

a reply to: Sublimecraft


It's always good to see FRESH ideas. Thankfully we finally have a President who has the ability to think outside the tired old box.

a reply to: Sublimecraft

That is what has sunk the american middle class and created a middle class in 3rd world countries..

All the manufacturing went to 3rd world countries willing to work for peanuts.

I think it was reganomics, but likely started earlier


It’s not a bad idea in principle, but counties don’t have to pay for the loss of employment in the countries they export to.

The problem is that if everyone has different tax rates in one nation or amongst different countries, your robbing Peter to pay Paul.

Trump is a business man.

His thinking has merits, and has been thought of a million times before.

But.....the only way No tariffs would work efficiently and as intended, would be if the Whole Human Civilisation adopted

Only ONE Currency, a World currency of the same value everywhere.

The current system is quite laughable and nonsensical.

A person can be a tradesman in the USA and get $50.00 per hour for his skill.

The same person somewhere in Africa, with the same skill, will get 50 cents per hour.

A big Mac with fries in the USA is $5.00, it is 500,000 Vietnamese Dong in Vietnam, in the UK it is 5 pounds, in Europe 5 Euros etc etc.

Make money the same value everywhere, then its only the shipping costs on top of production.

Yes, this is not a new idea, but it has worked in "United" regions...The States of America, Europe....

It is weird that in North America, you have a US $, a Canadian $ and a Mexican Pesos.

Why is Canada in the G7 anyway? Nowhere near an economic power on the level of the others, not much more than Australia is.
China, Russia, Brazil should be there.....

a reply to: gort51

I don't care whose picture is on the money but I agree we should all be using the same unit of measure and the value should always be 1 to 1.

We would need some sort of global minimum wage also.

1 to 1 currency and equal minimum wage. This is what supply and demand on a global scale must look like.

a reply to: gort51

Canada is in the dirty business of dirty oil.

🇨🇦✴️

Let's see how the market reacts. How much inflation are you willing to take?

When have tariffs ever worked in the taxpayers favor?

a reply to: Annee

It's amazing watching the trump supporters constantly flip positions like this. Just a week ago, there was a thread where his supporters were praising his tariffs lol. As this thread gets longer, it'll be interesting to see how the responses match up.

Trump's tariffs should be an affront to anybody claiming to support the freemarket

Southern Guardian and I were making the case that supporting tariffs is against free trade and against the free market. I even repeatedly pointed out that people who are actually pro-free market would be working on ways to reduce international costs of business, not increasing them. But the trump supporters weren't having it.

Well here's a newsflash: if all countries really get rid of all barriers to trade, then that means China and all of these other allies can flood our markets with as much cheap and/or unsafe stuff as they want. All of that "America first" jingoism goes out the window because there's no way we can compete with the low prices from a lot of these other countries. In other words, the free market and free trade aren't simply "American companies getting to operate in a free market and through free trade"; all companies would get to operate in the free market and through free trade. Some barriers are necessary in order to protect consumers (unless people want imported products with excessive levels of lead or asbestos in them, since it's our regulations that prevent a lot of that stuff from being imported into our country).

As I pointed out in that other thread, "I lean more to freer trade because I like being able to buy stuff from wherever I want, and I lean more towards a strongly regulated market because I don't trust businesses to treat consumers fairly otherwise (too many con-men and snake oil salesmen out there)." So my position's staying the same on this. But it's amusing to see them flip over this. Some were even angry about imported products putting Americans out of work. Let's see if they hold to those positions. (And then let's see what they say 2 weeks from now when he changes his mind again.)

I am so confused by the pro Trump people here. One moment people are commenting on or making threads glorifying the man for being anti globalist, next they glorify him for globalist politics and economics.
Which is it!?

a reply to: enlightenedservant

The constant flip flopping has made me very disinterested in discussing politics on ATS these days. No one has any consistent positions, they're just arguing whatever Trump favors at the moment without any real logic behind it.

a reply to: Sublimecraft

Ideally, that's be something to shoot for. I'd like to see subsidies go bye-bye, too.

I see nothing wrong in exploring the idea...but it's a no starter from the word go.

a reply to: Aazadan


"Conspiracy" forums aren't for everyone. Probably not for MOST people, in fact. So you're in the majority.

Before Trump's arrival, Macron (France) was talking really big about how he'd stand up to the U.S. President. But alas..

The best laid plans of mice-like men simply collapsed when the shadow of President Trump entered the G7 in Charlevoix, Canada.

It’s one thing to talk about the boss when he’s out of town; it’s another thing entirely when he’s sitting next to you. POTUS Trump sets the standard for the scale of influence. Really, it’s such a basic truth – it becomes self-evident. Watch, it is remarkable:

Source w/short vidclip: theconservativetreehouse.com...

a reply to: Sublimecraft

We Have a Winner!
Excellent assessment.

S&F

originally posted by: Annee

originally posted by: DBCowboy
a reply to: Sublimecraft


GODS!

I love the way he pisses off conventional thinking!

What?

Trump throws out # to see what might stick - - to use in his favor.

It's not rocket science.

He doesn't have a clue what he's doing in government.

SoOo... I guess in your world 2008-2016 the economy is Bush's fault and then 2016 on is Obama's finest achievement?

The reverse is actually true... Trump is doing just fine and progressive/liberals just don't understand "Less Taxes Is Good". That doesn't come up much in socialist rallies,after all.

To quote an old owner of yours... "It's the economy stupid."

a reply to: enlightenedservant

Do you think that you understand finance better than Trump?

You don't think he realizes that 100% free trade is not possible without major overhauls to the global financial system?

The man is worth 3.1 billion and ran a successful presidential campaign. I think he understands a few things. That's why I can support both tariffs and the the idea of discussing what free trade would look like at the same time. It's not confusing, at least not to Trump supporters.

originally posted by: Lumenari

originally posted by: Annee

originally posted by: DBCowboy
a reply to: Sublimecraft


GODS!

I love the way he pisses off conventional thinking!

What?

Trump throws out # to see what might stick - - to use in his favor.

It's not rocket science.

He doesn't have a clue what he's doing in government.

The reverse is actually true... Trump is doing just fine and progressive/liberals just don't understand "Less Taxes Is Good". That doesn't come up much in socialist rallies,after all.

You do understand Trumps tariffs are essentially a tax on American consumers, don't you?

a reply to: Lumenari

Are you just choosing to bash socialist economics or ignorant to how socialist economics work?

For one, socialist states require that taxes are null or extremely low, and everyone benefits from the profits of the economy. Hence why in most governments that are heavy or were heavy in manufacturing call for unionizing or love socialist politics. You pay a little and get a large sum back. THAT'S HOW UNIONS WORK, pay your dues and you get protected by elected officials through democracy.

The broad strokes of the brush from right wing ideologists have created this monster, and that monster is like Frankenstein's creation, something that isn't bad but made out to be terrorizing and destructive. When will this all end? I'm tired of people just making up BS to fit their narrative.

originally posted by: carewemust
a reply to: Aazadan


"Conspiracy" forums aren't for everyone. Probably not for MOST people, in fact. So you're in the majority.

There are real conspiracies out there though and those are worth discussing. Politics can also be worth discussing. What bothers me is when people shut off their brains to follow a personality they like. It's prevalent in conspiracy theory circles right now, because Trump is a conspiracy theorist.

For people who profess to see things for how they really are, ATS has a lot of people right now who are unwilling to admit that the emperor has no clothes.

originally posted by: Isurrender73
a reply to: enlightenedservant

Do you think that you understand finance better than Trump?

Yeah, probably. The dude didn't even know the difference between HIV and HPV. That doesn't exactly strike me as an expert on anything.

And of course it's not confusing to trump supporters. You guys don't care about positions; you just agree with whatever he says. If he changes course tomorrow, many of you would agree with it. If he tried to invade Canada, many of you would agree with it. If he tried to nuke the moon when it's a crescent because someone tells him the crescent moon means ISIS conquered it, then some of you would probably agree with that too.

originally posted by: Aazadan
a reply to: enlightenedservant

The constant flip flopping has made me very disinterested in discussing politics on ATS these days. No one has any consistent positions, they're just arguing whatever Trump favors at the moment without any real logic behind it.

That's called "cult of personality".