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

[Weird Tolkienish Figure]

Yep. And that will take a year or two to be felt outside the construction sector. It isn't like someone could just walk in, turn on the wall switch, and start making stuff.

That's why you do it gradually, and against certain actors.

[Canuck Conservative]

If tariffs are such an easy solution, why stop at a low number?

Make them 1000% - 100x in price.

So instead of just $15 billion rolling in, you'd make $1.5 trillion on the tariffs! Debt problems are over!!!

Easy money - why didn't somebody think of this sooner??

[LMAO]

If tariffs are such an easy solution, why stop at a low number?

Make them 1000% - 100x in price.

So instead of just $15 billion rolling in, you'd make $1.5 trillion on the tariffs! Debt problems are over!!!

Easy money - why didn't somebody think of this sooner??

Exactly


This is the same argument conservatives have made against raising the minimum wage. When progressive said we need to raise the minimum wage to $15 an hour to help working families, why not raise it to $30 an hour?


Too many people have given up long held beliefs in the age of Donald Trump. I listen to small and big business owners, people who are involved in shipping, farmers and ranchers when it comes to their economics vs politicians telling them what’s best for them. I haven’t changed. But too many Republicans have

[DefiantMassRINO]

Trump raised too many tariffs too quickly without Congressional legislation to make 'Made In America' a more profitable option than it is now.

If we get most of our generic drugs from India, and we put tariffs on them, middle-aged American men and sex freaks will have to pay more for their boner pills.

If we cannot grow coffee in the United States, other than in Puerto Rico and in Hawaii, it makes no sense to put tariffs on them as we won't be able to economically grow enough coffee within the United States.

Tarrifs alone will not re-onshore manufacturing and sourcing; Tariffs alone will encourage smuggling, but not re-shoring.

Business investment has a time horizon of years, sometimes more than a decade.  America needs to create a more favorable business environment to do business in America, and then incrementally implement and raise tarrifs on goods that can be sourced in America.  For countries that won't open their market to American products; we'll need to use tariffs to play foreign suppliers against each other ... unless they start cartels, like O.P.E.C.

Diversified domestic and foreign sourced suppliers also prevents any one nation from gaining pricing power (leverage) of goods sold in America.

Also, the Federal Government needs to spend less so foreign nations cannot weaponize debt and the dollar against us.

[Weird Tolkienish Figure]

Exactly


This is the same argument conservatives have made against raising the minimum wage. When progressive said we need to raise the minimum wage to $15 an hour to help working families, why not raise it to $30 an hour?


Too many people have given up long held beliefs in the age of Donald Trump. I listen to small and big business owners, people who are involved in shipping, farmers and ranchers when it comes to their economics vs politicians telling them what’s best for them. I haven’t changed. But too many Republicans have

Didn't happen in 2024 too much but in a lot of places where Trump won in 2016, a lot of minimum wage referendums passed too.

[Timber Rattler]

That's what always happens with Tariffs, like Smoot-Hawley, a period of short term gain followed by an extended period of long term pain.

BTW...red flags are already going up in the ports:


https://www.youtube.com/watch?v=aetILfTwBN0

[IsailedawayfromFR]

If tariffs are such an easy solution, why stop at a low number?

Make them 1000% - 100x in price.

So instead of just $15 billion rolling in, you'd make $1.5 trillion on the tariffs! Debt problems are over!!!

Easy money - why didn't somebody think of this sooner??

Maybe because the math wizard AOC didn't come up with that idea.

Now spread it out there and she will get in front of a camera and support you.

[Canuck Conservative]

BTW, for Americans living near the Northern border, instead of paying 175% on Chinese goods, there's an alternative ...

Come up to Canada, buy the goods here at a non-tariffed price, then bring them back to the US ... even with paying a 25-50% tariff on "Canadian" goods, it's still cheaper!

(The reverse of years of Canadian shoppers going to the US for cheap goods ...)

[Smokin Joe]

BTW, for Americans living near the Northern border, instead of paying 175% on Chinese goods, there's an alternative ...

Come up to Canada, buy the goods here at a non-tariffed price, then bring them back to the US ... even with paying a 25-50% tariff on "Canadian" goods, it's still cheaper!

(The reverse of years of Canadian shoppers going to the US for cheap goods ...)

Observations from 'south of the (Canadian) border':

I'm about 70 miles south of the border, and have been for well over 40 years.

Most of the Canadian 'shoppers' I saw coming through were looking to have medical procedures done in a more timely fashion than waiting on the Canadian healthcare system, even though quite a few used to come down to party.

That has tapered off considerably in the last fifteen years or so.

Some wanted to drive across to the East and would prefer buying fuel by the gallon rather than by the liter, and it was (considerably) cheaper, too.

While we had sales taxes that started at 5.5% in ND (and none in Montana), they were nowhere near the VATs added on by the provinces up there, some of which would virtually double the price of an item at the checkout.

There are a lot of factors which affect cross border commerce, and COVID pretty much shut that down.