Previous thread:

                50% tariffs on EU starting June 1           

                            61 responses |              

                Started by metmike - May 23, 2025, 8:13 a

          https://www.marketforum.com/forum/topic/112084/

+++++++++++++++++++++

Tracking the Tariffs Buffoon that still hasn't made a deal with China (and most countries) with his extremely counterproductive, ILLEGAL tariff schemes.

Revealing the secret to maintaining the MAGA brainwash:

Brandon Weber 

Mastering Negotiation: A Critique of Trump’s ‘The Art of the Deal’

 Posted on March 18, 2025

https://the-conflictexpert.com/2025/03/18/mastering-negotiation-a-critique-of-trumps-the-art-of-the-deal/

There was no mention of his failures such as Trump Airlines, Trump Taj Mahal Casino, Trump Hotels and Casinos Resorts, Trump Entertainment, Trump Vodka, Trump University, Trump Steaks, and several others. All of these businesses either failed, ended in lawsuits and closure for defrauding students or were bankrupted.  

In general, the principles seem fairly obvious- most entrepreneurs think big and are ambitious in attaining their goals and it’s always advisable to know the market one is going to trade in!  In light of some of his business failures and the the allegations of fraud (the case was settled without fault by Trump for USD 25 million), one wonders how sincere he was about providing value and following through on promises.  

When it comes to leverage, it’s again, standard practice to know what your alternatives are in negotiation – generally referred to as a BATNA- which is much more technically expressed by the authors of Getting to Yes

Where Trump’s approach falls apart is in his inflexible use of domination and power to bring his negotiating partners to their knees. What happens if you are on an equal footing with your counter-part? What if you need them to fulfill an interest of yours? What if you need or want to resolve conflict with them and to continue a business relationship or create a solution that benefits you both ? What if you do leverage your power to such an extent that not only is your relationship with this person destroyed but also your reputation in consequence ?

++++++++++++++=

Trump's reputation as the great deal maker, as we've seen from the REAL world in 2025 was complete fiction.

It exists in his imagination and the minds of millions of the brainwashed  MAGA people that want to believe in it and everything else he says. 

I've studied his deal making skills closely this year. I've studied the economic principles of trading between countries and the differences between FREE trading and trading with tariffs like Trump's. 

He completely lacks comprehension about the later and his deal making's biggest flaw is his extremely pathological thinking that elevates himself, because of his delusions of grandeur to an infallible person that sabotages most of the deals because his mind, greatly amplifies a super human power that he imagines himself to have  over other countries and their leaders. 

It's true that he is the most powerful person on the planet by virtue of being the president of the most powerful country in the world.

It's true that his enormous over reach of that power is enabling him to exploit and abuse that power here in the United States where the R Congress has ceded their power to him, instead of challenging him when he makes really bad decisions. 

That doesn't work so well when he's dealing with other countries that have strong leaders.......which is what counts with foreign policies, especially tariffs. 

The leader of China has made him look like a fool.

Putin has made him look like a fool.

Netanyahu is controlling him like a puppet on a string.

Trump keeps making up that he stopped 7 wars and deserves the Nobel Peace Prize. He even imposed a 50% tariff on India because their leader would not agree with Trump's bs about stopping their war. 

He imposed a 50% tariff on Brazil for the sole reason that his far right pal was not being treated right in Brazil. Brazil's response? To completely ignore him while US companies are the ones that pay the Trump tariff on Brazil and pass their cost on to consumers later this year. Egads, man!!  How is somebody like this our president!!!!

These war stopping fairy tales that he feeds us is  imaginary. The 2 wars that the world cares about are the one in Ukraine, that he claimed he would end in 24 hours and the one in Gaza, that he's played a key role in making MUCH WORSE. 

The question is no longer whether Trump will damage the economy and hurt consumers but how bad will the damage be?

Maybe his illegal tariffs can be stopped to minimize that part of the damage.

BTW, his claims that the tariffs will be bringing massive jobs back to the US is delusional. His unstable, impulsive and constantly changing rules and conditions to his tariffs and everything else, depending on how deranged he is that day would make most companies apprehensive doing business with him and no matter what he or anybody else does, all those manufacturing jobs will never be coming back. Only somebody that doesn't understand global economics would think that. Sadly, one of them is the most powerful man in the world!!!

+++++++++++

I would greatly prefer to focus on positive messages here but as somebody following this closely and understanding it extremely well, i feel obligated to enlighten others.

US and China hold second day of trade talks as TikTok deadline looms

https://www.bbc.com/news/articles/cj9zedgkm21o

Last month, Trump suggested that he would keep extending the deadline until a buyer for TikTok could be found and called national security and privacy concerns related to the app and its Chinese parent company ByteDance "highly overrated".

Trump was highly critical of TikTok during his first term in the White House but softened his position after he gained popularity on the app during the 2024 presidential election.

In August, The White House launched its official TikTok account.

Trump's Tariffs Have Already Hurt the Economy—and the Pain Is Only Beginning

https://finance.yahoo.com/news/trumps-tariffs-already-hurt-economy-204313536.html

From 2010 to 2019, American gross domestic product (GDP) grew by an average of 2.4 percent per year. In 2024, it grew by 2.8 percent. Now, the OECD projects that the economy will grow by only 1.8 percent in 2025 and 1.5 percent in 2026, "owing to higher tariff rates [and] moderating net immigration," among other factors.

What will new furniture, pharmaceutical tariffs mean for prices? Experts weigh in

https://abcnews.go.com/Business/new-furniture-pharmaceutical-tariffs-prices-experts-weigh/story?id=125961676

"This is a reminder that these tariff headlines can come out at any point in time and affect any segment of the market," Dominic Pappalardo, chief multi-asset strategist at Morningstar Wealth, told ABC News. "That's the uncertainty that markets and consumers are facing

++++++++++++++++++

Any agreement with any country today can suddenly no longer be valid tomorrow. 

If Trump doesn't like the way a country is behaving towards a friend(Brazil) ..........50% tariff on that country!

If Trump is mad because that country disputes his claim that he settled their war(India)....... 50% tariff on that country.

This is like a fictional movie made about a crazy dictator president who is the main character......except its the real world and the president is our leader and the most powerful man in the world!

Small Businesses Wither Under Trump’s Tariffs: ‘It’s Hard to Breathe’

Import duties are posing a challenge to some smaller companies, which fear that raising prices to cover higher costs will drive away customers.

https://www.nytimes.com/2025/09/29/business/trump-tariffs-small-businesses.html

Even NEWER tariffs today:

Trump announces ‘substantial tariffs’ on imported furniture

https://thehill.com/business/5526873-president-donald-trump-furniture-tariffs/

In the first few months of his second term, Trump’s tariff policy has rattled global markets, strained relationships with American allies like Canada and the European Union and increased economic anxiety.

The Supreme Court is set to consider if Trump can use emergency powers for the justification of his expansive tariffs worldwide in early November.

Trump’s announcement on imported furniture tariffs came shortly after he said he was imposing a 100 percent tariff on movies not made domestically.

++++++++++++++++++++++

The wealthy person's Ponzi Scheme (Stock Market)  making new highs and Fox news/MAGA adulation are giving Trump reinforcement for thinking his tariffs are so great.

It's mind boggling that Trump is so clueless about the damage that his tariffs are causing.

He and his tariffs are steering the US economy into a recession. And instead of being able to comprehend that, he's actually going around bragging about the great things that his tariffs are causing. At the same time, calling people that disagree with him on this and other things stupid and low intelligence. 

                Trump recession coming 10-4-25            

                            By metmike - Oct. 4, 2025, 12:04 p.m.     

++++++++++++++++++++++++++

Trump Tariffs: Tracking the Economic Impact of the Trump Trade War

September 26, 2025

https://taxfoundation.org/research/all/federal/trump-tariffs-trade-war/

Many economists have evaluated the consequences of the trade war tariffs on the American economy, with results suggesting the tariffs have raised prices and lowered economic output and employment since the start of the trade war in 2018.

• A February 2018 analysis by economists Kadee Russ and Lydia Cox found that steel‐consuming jobs outnumber steel‐producing jobs 80 to 1, indicating greater job losses from steel tariffs than job gains.
• A March 2018 Chicago Booth survey of 43 economic experts revealed that 0 percent thought a US tariff on steel and aluminum would improve Americans’ welfare.
• An August 2018 analysis from economists at the Federal Reserve Bank of New York warned the Trump administration’s intent to use tariffs to narrow the trade deficit would reduce imports and US exports, resulting in little to no change in the trade deficit.
• A March 2019 National Bureau of Economic Research study conducted by Pablo D. Fajgelbaum and others found that the trade war tariffs did not lower the before-duties import prices of Chinese goods, resulting in US importers taking on the entire burden of import duties in the form of higher after-duty prices.
• An April 2019 University of Chicago study conducted by Aaron Flaaen, Ali Hortacsu, and Felix Tintelnot found that after the Trump administration imposed tariffs on washing machines, washer prices increased by $86 per unit and dryer prices increased by $92 per unit, due to package deals, ultimately resulting in an aggregate increase in consumer costs of over $1.5 billion.
• An April 2019 research publication from the International Monetary Fund used a range of general equilibrium models to estimate the effects of a 25 percent increase in tariffs on all trade between China and the US, and each model estimated that the higher tariffs would bring both countries significant economic losses.
• An October 2019 study by Alberto Cavallo and coauthors found tariffs on imports from China were almost fully passed through to US import prices but only partially to retail consumers, implying some businesses absorbed the higher tariffs, reducing retail margins, instead of passing them on to retail consumers.
• In December 2019, Federal Reserve economists Aaron Flaaen and Justin Pierce found a net decrease in manufacturing employment due to the tariffs, suggesting that the benefit of increased production in protected industries was outweighed by the consequences of rising input costs and retaliatory tariffs.
• A February 2020 paper from economists Kyle Handley, Fariha Kamal, and Ryan Monarch estimated the 2018–2019 import tariffs were equivalent to a 2 percent tariff on all US exports.
• A December 2021 review of the data and methods used to estimate the trade war effects through 2021, by Pablo Fajgelbaum and Amit Khandelwal, concluded that “US consumers of imported goods have borne the brunt of the tariffs through higher prices, and that the trade war has lowered aggregate real income in both the US and China, although not by large magnitudes relative to GDP.”
• A January 2022 study from the US Department of Agriculture estimated the direct export losses from the retaliatory tariffs totaled $27 billion from 2018 through the end of 2019.
• A May 2023 United States International Trade Commission report from Peter Herman and others found evidence for near complete pass-through of the steel, aluminum, and Chinese tariffs to US prices. It also found an estimated $2.8 billion production increase in industries protected by the steel and aluminum tariffs was met with a $3.4 billion production decrease in downstream industries affected by higher input prices.
• A January 2024 International Monetary Fund paper found that unexpected tariff shocks tend to reduce imports more than exports, leading to slight decreases in the trade deficit at the expense of persistent gross domestic product losses—for example, the study estimates reversing the 2018–2019 tariffs would increase US output by 4 percent over three years.
• A January 2024 study by David Autor and others concludes that the 2018–2019 tariffs failed to provide economic help to the heartland: import tariffs had “neither a sizable nor significant effect on US employment in regions with newly‐protected sectors” and foreign retaliation “by contrast had clear negative employment impacts, particularly in agriculture.”

+++++++++++++++++++

These economists understand the principles of  global economies. Trading between different countries and how tariffs DAMAGE free  trade and almost always DAMAGE both sides. This is sooooo no brainer. Yet our president has ILLEGALLY imposed massive tariffs on many of the worlds countries despite the indisputable  negative consequences of tariffs.............and gives us his own manufactured versions to justify ruinous, pathological thinking and actions.

      ‘Just comical’: Farmer criticizes Trump’s tariff revenue plan | Morning in America    

https://www.youtube.com/watch?v=115jpYZmAbY

+++++++++++++++

Everybody should listen to this!

You know the saying: "If it ain't broke, don't fix it"

With Trump's tariffs, the motto is:  "If it broken badly, keep breaking it more and tell people you're fixing it!"

Trump Announces 25% Tariff on Imported Trucks Starting Nov. 1

The new tariffs will target medium- and heavy-duty trucks built outside the US.

https://www.autoweek.com/news/a68883944/trump-25-percent-tariff-imported-trucks/

                Re: Re: Re: Re: A word of caution            

                            By metmike - Oct. 10, 2025, 1:34 p.m.            

https://tradingeconomics.com/united-states/stock-market

Global stocks pummeled on Trump China tariff threat
Reversal comes after equity indices hit a series of new records in recent weeks

https://www.ft.com/content/b9ae2417-2e89-4b0a-bad5-d94f4e980ecc

This could have been from Trump having another temper tantrum, this time over a judge blocking him from sending US troops into Chicago 

                Court rules against Trump                        

                By metmike - Oct. 10, 2025, 8:57 p.m.            

and especially because he was mad at not getting the Nobel Peace Prize he insisted that he deserved all year. (he's levied a 50% tariff on India because they will not agree with him that he stopped a war between them and Pakistan and a 50% tariff on Brazil because he's mad about how they treated his far right friend) .

                Congrats to Maria Corina Machado!          

                            By metmike - Oct. 10, 2025, 8:36 p.m.      

Our trading partners no longer trust anything coming from this administration.

"Our trading partners no longer trust anything coming from this administration."

I suspect our trading partners no longer trust Americans, since we elected him twice.

Exactly right, joj!

This survey was several months ago and it's worse now.

Blue is BAD and the incredible plunge in such a short period of time in how the world views the United States is extraordinarily unprecedented in history. 

                Re: Re: 25th Amendment            

                                                       By metmike - Oct. 4, 2025, 9:30 p.m.            

            U.S. Image Declines in Many Nations Amid Low Confidence in Trump

https://www.pewresearch.org/global/2025/06/11/us-image-declines-in-many-nations-amid-low-confidence-in-trump/

June 11, 2025

China warns US of retaliation over Trump’s 100% tariffs threat

Beijing says it will act if US president doesn’t stand down, while investors brace for trade war turmoil

https://www.theguardian.com/us-news/2025/oct/12/china-warns-us-of-retaliation-over-trump-100-tariffs-threat

+++++++++++++++

Trump has already lost this war with China, that has a leader that is very smart, clear thinking and powerful, who won't be bullied by an unhinged lunatic. 

All the statements coming from China depict rational reasoning that stay consistent day after day and that refuse to be bullied or dragged into an embarrassing psssing match. 

Most of the statements coming from this administration have an extreme range. Much of the time, featuring clueless, emotional and delusional thinking by our leader, while threatening China and displaying a complete lack of understanding of the basic principles of free trade between countries which ALWAYS benefits both countries.

If Trump was a plumber that came to fix a small leak in a water pipe, his solution might be to punch more holes in that water pipe because it means the original hole won't leak as much.

His so called 'fixing" of a problem is doing an order of magnitude more damage than the problem that he insists needs to be fixed!

Message to Donald Trump: Free trade between countries will always feature great disparities between rich and poor countries. 

Poor countries can make a lot of stuff cheaply and sell it cheaply. They can't afford to buy as much stuff because they are poor.

Rich countries will never be able to make the same stuff as cheap and will have MUCH more money to buy stuff.

As a result, manufacturers will go to where their companies can make the most profit. And there WILL BE a trade imbalance in favor of the poor countries because of economics laws. 

You can't make those fundamentals go away by imposing laws that create markets that trade dis-functionally!  The markets will fight that and overcome those laws anyway and the result in a ton of unnecessary damage from imposing a fix(tariffs) that BACKFIRES and causes tremendous damage that makes the problem much worse to get almost nothing.

A president should understand this basic concept or at least be taking the advice from experts/economists that do. 

The most powerful person in the world is not just wrecking the US economy but his tariffs are wrecking the entire global economy. Stifling free trading between countries on a large scale is incredibly damaging!

This really isn't rocket science. If you support the tariffs, it's most likely that you are an R and doing it for political reasons, because you believe Trump and because you don't understand tariffs and global free trading principles. 

Economists Agree: Trump Is Wrong on Tariffs

 https://www.theguardian.com/us-news/2025/oct/12/china-warns-us-of-retaliation-over-trump-100-tariffs-threat

++++++++++++====               

                Re: Re: 25th Amendment-Hate vs LOVE!            

                            By metmike - Oct. 13, 2025, 2:57 p.m.            

            Trump on Friday about China:

Trump says he’ll impose new 100% tariff on China ‘over and above’ current rates, massively escalating trade war

https://www.cnn.com/2025/10/10/politics/rare-earths-china-trump-threats

“This affects ALL Countries, without exception, and was obviously a plan devised by them years ago,” he wrote. “It is absolutely unheard of in International Trade, and a moral disgrace in dealing with other Nations.”

Trump initially suggested on Truth social the meeting was now in jeopardy. “I have not spoken to President Xi because there was no reason to do so,” he wrote. “This was a real surprise, not only to me, but to all the Leaders of the Free World. I was to meet President Xi in two weeks, at APEC, in South Korea, but now there seems to be no reason to do so.”

++++++++++++++++

Just 2 days later, instead of threats to China  this is what the same guy said:

'It will all be fine': Trump on trade tensions with China

The US president calls Xi’s rare earth export controls a "temporary misstep" after threatening 100 percent tariffs.

https://www.trtworld.com/article/4cf3473c88ff

US President Donald Trump said that trade tensions with China will be resolved, posting a reassuring message days after threatening 100 percent tariffs.

"Don't worry about China; it will all be fine," Trump wrote on his social media platform, Truth Social, on Sunday.

Trump characterised Chinese President Xi Jinping's rare earth export controls as a temporary misstep.

"Highly respected President Xi just had a bad moment. He doesn't want depression for his country, and neither do I," he said.

"The USA wants to help China, not hurt it," Trump added.

++++++++++++++++

More very powerful evidence of Trump's erratic, pathological thinking and dementia ON A GLOBAL SCALE!

                Re: Re: Re: Lithium                        

                By metmike - Sept. 16, 2025, 12:13 p.m.            

Why China's Rare Earth Curbs Could Devastate US Defense Industry

https://www.msn.com/en-us/money/markets/why-chinas-rare-earth-curbs-could-devastate-us-defense-industry/ar-AA1CIMYq

Visualizing Global Rare Earth Metals Production (1995-2023)

https://www.visualcapitalist.com/visualizing-global-rare-earth-metals-production-1995-2023/

Scroll down in that thread above for much more!

Powell says exactly what Wall Street wants to hear as Trump provokes soybean battle with China

https://fortune.com/2025/10/15/fed-powell-policy-hints-wall-street-upside-trump-china-soy/

Trump posted on Truth Social last night: “I believe that China purposefully not buying our soybeans, and causing difficulty for our soybean farmers, is an economically hostile act. We are considering terminating business with China having to do with cooking oil, and other elements of trade, as retribution.”  

Talk of retribution is precisely the opposite of what markets had hoped for, and is a further about-turn from the White House on relations with Beijing. On Friday, Trump threatened 100% tariffs on its key trading partner, before issuing assurances that a deal will be reached. It comes as the latest export data for China shows Washington may not have as strong a hand as it believed in the trade war, with Chinese exporters reporting growth having focussed on trade with the rest of the world as opposed to the States.  

+++++++++++++

Another overnight flip in Trump's position with China. 

Trump is getting his ars whipped badly in the tariff trade wars, especially with China(which has a MUCH better position and what does he do?

Double, triple and quadruple down to make things worse!

While the world REPLACES business with the United States with new, permanent deals with other countries, isolating us and harming our economy longer term, while at the same time punishing US consumers who end up paying the price of tariffs, after OUR companies pay the tariff and pass it on.

90 deals in 90 days was the original joke. Since then, he keeps changing it(tariffs on countries like Brazil-or the 20 billion bailout of Argentina to help his far right political friends at the expense of American consumers, producers and tax payers-for instance-to benefit Donald Trump's personal preferences of global politics and his pathological desire to maximize/abuse his position as the world's most powerful person).

Donald Trump is completely unable to comprehend the basic principles of global economics related to free trading that benefits BOTH countries.

Tariffs that curtail free trading HURT both countries. The other countries have themselves to go to in order to replace their business with the United States. The United States, with tariffs on everybody.........has caused itself to become isolated with less customers and nobody to replace the lost business with. Our consumers can't get cheap prices anymore because Trump has intentionally imposed tariffs to STOP the cheap prices. 

                25th Amendment                        

                Started by metmike - Oct. 4, 2025, 8:47 p.m.     

       https://www.marketforum.com/forum/topic/115081/

Study: Tariffs to cost companies $1.2T this year, mostly hitting consumers

https://www.axios.com/2025/10/16/trump-tariffs-cost-china

https://www.tradecomplianceresourcehub.com/2025/10/15/trump-2-0-tariff-tracker/

According to President Trump, “Tariff is the most beautiful word in the dictionary

+++++++++++++++

The reason that Trump feels this way is because of his pathological delusions of grandeur thinking.

As the most powerful and unstable person in the world, tariffs allow him to manifest his desire to exploit that position to the max by constantly manipulating all the worlds countries to bend, based on his daily emotional extremes.

Brazil isn't treating his far right political friend right?

50% tariff on Brazil!!

India doesn't agree that he stopped their war with Pakistan?

50% tariff on India!!

China doesn't agree with him on X, Y and Z?

50% tariff on China. Make that 150%. No make that 25%, no make that 100%............wait, make that 157%. .......No, the latest is now to tell the world that's not sustainable because the last 100% caused the stock market to drop.

+++++++++++

Trump calls 157% China tariffs 'not sustainable' ahead of planned Xi meeting in South Korea 

President says China 'forced' him into tough trade stance as tensions escalate over rare earth controls

https://www.foxbusiness.com/media/trump-calls-157-percent-china-tariffs-not-sustainable-ahead-planned-xi-meeting-south-korea

+++++++++++++++++++++++====

This is absolutely NOT an effective way to negotiate unless you live in the Twilight Zone. It's Trump abusing his power as president because he's mentally ill(and now suffering with dementia to go with that), while the Rs in Congress give all their power to him because they fear him and are so political, that politics trumps their ability to apply common sense, which should compel them to stop this.

Who pays the price?

Everybody in the world as free trade is beneficial to both sides based on the indisputable principles of global economics but the ones suffering the most are Americans.

This is NEVER going to bring manufacturing back into the United States. No chance.  Manufacturing is based on the fundamentals of cost between poor and rich countries. Putting an artificial, big tariff on a country or penalty on a country can't change that........even for the most powerful and deranged man in the world.

Saying it will or twisting facts to make is seem that it will, won't make it happen.

What tariffs has Trump announced and why?

https://www.bbc.com/news/articles/cn93e12rypgo

++++++++++++++++++

Trump's tariffs HURT EVERYBODY and are a big part of why this is true:

                Re: Re: 25th Amendment                        

                By metmike - Oct. 4, 2025, 9:30 p.m.            

U.S. Image Declines in Many Nations Amid Low Confidence in Trump

https://www.pewresearch.org/global/2025/06/11/us-image-declines-in-many-nations-amid-low-confidence-in-trump/

One of the many things Trump is unable to comprehend about his ruinous tariffs is that our trading partners are REPLACING THE UNITED STATES and making NEW DEALS with other countries to take away our business permanently(or at least while Trump is in office).

Trump is ISOLATING the United States on the global trading stage, which is the exact opposite of what he claims the tariffs will do. 

Soybean farmers in the United States are a great example. Our #1 customer, China has replaced all their buying with purchases from Brazil and Argentina. Some of this business will be lost for years, even after Trump is gone. 

This is not a metmike opinion or speculation its a stone cold fact based on reality and the economic principles of free trading in the world.  

No free trade with the US???

Then there are other countries that get some of that business. 

Tariffs in the second Trump administration

https://en.wikipedia.org/wiki/Tariffs_in_the_second_Trump_administration

  +++++++++++++

Trump’s Tariff War Backfires? Exports JUMP as Indian Exporters Find New Havens Beyond U.S.

https://www.youtube.com/watch?v=Jo-BeEOAJ5k

Trump claims that his tariffs(all paid by American companies-that make less money now and pass it on to consumers, will reduce the National Debt.

But his big ugly bill gives it to rich people instead of reducing the debt.

His tariffs that supposedly make US products more competitive in the world does the exact opposite. It PUNISHES US COMPANIES that are the ones paying the tariff and PUNISHES US CONSUMERS that end of paying for it.

How the United States is eating Trump's tariffs | REUTERS

https://www.youtube.com/watch?v=sGOBFfexuk4

++++++++++

America is ‘going broke slowly’ says J.P. Morgan, as national debt balloons and tariff revenue looks shaky

https://fortune.com/2025/10/14/america-going-broke-jpmorgan-david-kelly-debt-tariffs/

++++++++++++++

What Does the One Big Beautiful Bill Cost?

https://bipartisanpolicy.org/explainer/what-does-the-one-big-beautiful-bill-cost/

The One Big Beautiful Bill Act will cost $3.4 trillionover the next 10 years, and more than $4 trillion when accounting for additional interest owed on the national debt. Read below for a breakdown of these costs, year by year and provision by provision.  

++++++++++++

From the White House.....NOT TRUE!

https://www.whitehouse.gov/articles/2025/06/the-one-big-beautiful-bill-slashes-deficits-national-debt-while-unleashing-economic-growth/

+++++++++++

Even Fox News knows the White House is not being honest!

US debt tops $37 trillion and the 'big, beautiful bill' allows it to rise trillions higher

https://www.foxbusiness.com/economy/us-debt-tops-37-trillion-big-beautiful-bill-allows-rise-trillions-higher

GOP senator becomes one of first to publicly challenge Trump(over Argentina beef)

https://www.newsweek.com/trump-argentina-beef-prices-nebraska-fischer-republican-10912644

+++++++++

Here's the insanity of doing this.

His tariffs, by design, intentionally STIFLE demand of foreign goods by making them MORE expensive for US consumers. 

Now, he has a political friend in Argentina and he is going to do the exact opposite to help his friend in order to reduce the cost of beef to US consumers. 

If he REALLY cared about prices for US consumers, then he would drop all his illegal and ruinous tariffs immediately. 

I don't have a problem with him doing something to lower the cost of beef in the US to help consumers as much as his hypocrisy, erratic/inconsistent/impulsive applications of policies and his crony politics that benefit him and his friends personally. 

He's willing to snub the US cattle industry or snub the US soybean farmer for his personal agendas!

+++++++++++

‘Put America first’: GOP senators fume at Trump’s idea to import Argentinian beef

Farm-state lawmakers and allies of the president are rushing to get him to reverse course.

https://www.politico.com/live-updates/2025/10/21/congress/republican-senators-trump-argentina-beef-imports-00616712

Trump says he's cancelling trade talks with Canada after 'FAKE' Ronald Reagan ad

https://www.usatoday.com/story/news/politics/2025/10/23/donald-trump-canada-trade-talks-tariffs-ronald-reagan-advertisement/86868307007/

What the Ronald Reagan ad that got Trump so angry was really all about

 https://www.cnn.com/2025/10/24/business/ronald-reagan-ad-trump-canada-ontario-tariffs  

It wasn’t fake. It was edited. But Reagan really did spend a five-minute speech — an April 25, 1987, national radio address that the Reagan Library has published on YouTube — railing against tariffs. It was a full-throated expression of support for free and fair trade

++++++++++++

Anybody that doesn't pay homage to King Trump becomes his enemy.

Brazil for not treating his far right political pal right-50% tariff for doing that!!! India for not agreeing that he stopped their war-50% tariff for doing that. Canada for this..........even Americans that did not vote for him, that he brags about hating, are his enemy which he wants to destroy.

US businesses and consumers shoulder the bulk of tariff cost burden, Goldman Sachs finds

 Goldman Sachs finds consumers expected to absorb 55% of tariff burden by end of 2025

https://www.foxbusiness.com/economy/us-businesses-consumers-shoulder-bulk-tariff-cost-burden-goldman-sachs-finds

++++++++++++

US consumers shouldering 55 percent of Trump tariff costs: Goldman Sachs

https://thehill.com/business/5553384-trump-tariffs-consumer-costs-goldman-sachs/

++++++++++++++++

Dugh! Somebody has to pay the tariff and it's not the country that the goods are coming from. The tariff is paid HERE by a US based entity, which is either a US company or/and US consumers. There is no magic MAGA wand that makes it vanish. 

The tariffs ADD TO the price that was charged by the country that sold it to us. WE PAY IT!

Trump already LOST the trade war with China. His antagonizing China with absurd threats has just made his position weaker and weaker.

While China, replaces the United States with trading relationships. Other countries have been doing the same thing but China can do the most damage because they have better cards and the better position in this trade war. No question about it.

In a poker game a player that has a weak hand and keeps raising his bets against a strong hand might work to intimidate the strong hand with a bluff. 

However, Xi can see every card in Trumps economic trading deck as well as knowing China's cards. China's cards ARE BETTER!! Trump is unable to comprehend the indisputable principles of economic trading between countries with differences like the United States and other countries.

He greatly overestimates himself, his position and his ability to understand this realm.  Doubling, tripling, quadrupling down on ruinous positions and making threats because he thinks that bullying people and countries as the most powerful man in the world will get him everything that he wants. That DOES work sometimes. Not with China, in 2025, however. 

What Trump is doing with tariffs is damaging to both sides but most damaging by far to the United States because our trading partners are replacing us with new business agreements with other countries. Trump is causing the United States to become isolated as he blows up free trading between us and the rest of the world, country after country after country. 

Whatever deal is made with Trump and China will be touted by Trump to be a big win for our country but it WON'T BE!

Trump's tariff deals are like an arsonist that sets huge fires that burn for a long period and cause PERMANENT damage. Then the arsonist puts out the fires he started and brags about it. Wanting to be seen as a hero and wanting us to ignore all the permanent damage his fires caused. Trumps deals are either nonexistent or crappier than what he told us would happen (90 deals in 90 days).

In almost every case, free trade with no tariffs would have been the BEST deal for the United States. Now and especially in the future as the US has lost a lot of business. 

His claim that this will bring back manufacturing jobs in the United States is delusional and has been the opposite of the truth. Companies are staying away from expanding in the United States. They are trying to LIMIT RISK to Donald Trump because he is so unstable, unpredictable, emotional and unreliable.  A deal with Trump could be ripped up in the middle of the night because he suddenly doesn't like it for a random, absurd reason that he posts on Truth Social. 

Trump’s shock-and-awe tariffs haven’t fueled a manufacturing jobs boom    

https://www.cnn.com/2025/07/11/business/jobs-trump-tariffs-manufacturing

+++++++++++++

The U.S. is losing thousands of manufacturing jobs, analysis finds

https://www.cbsnews.com/news/jobs-manufacturing-trump-tariffs-economy/

The first piece of sanity from Congress in the year 2025!!!

Too bad they can't bring it before the House for a vote since not enough Rs have the integrity, courage or sense of responsibility to help America to overcome their allegiance to Donald Trump. 

US Senate passes bill with Republican support to block Trump tariffs on Brazil

https://www.theguardian.com/us-news/2025/oct/28/us-senate-trump-tariffs-brazil

++++++++++++++++

Senate Rebuffs Trump on Canada Tariffs Amid GOP Dissent on Trade

https://www.bloomberg.com/news/articles/2025-10-29/senate-rebuffs-trump-on-canada-tariffs-amid-gop-dissent-on-trade

https://thehill.com/homenews/administration/5577345-live-updates-trump-south-korea-government-shutdown/

+++++++++++++++

When Republicans in Congress actually vote to rebuke Trump

https://www.cnn.com/2025/10/29/politics/congress-rebuke-trump-tariffs 

+++++++++++++

Republicans Could Stop Trump’s Tariffs, But Keep Voting to Make Themselves Powerless

https://larson.house.gov/media-center/in-the-news/republicans-could-stop-trumps-tariffs-keep-voting-make-themselves

+++++++++++++++

1. Trump's tariffs are damaging to the US economy. Harmful to US companies that pay them. Harmful to US consumers that end of paying for them. Harmful to all the other countries in our trading relationships which results in the US LOSING some of their business as they replace it. It's costing the US manufacturing jobs NOT bringing more back to our country.  

2. They are ILLEGAL, with Trump using an obscure technicality in the law to impose them with impunity.

3. Our government collects them and they add up to billions for the government. They are just like a hidden tax on US companies that gets passed on to consumers eventually.