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Fiscal effects are what everyone focuses on, but tariffs have many other goals geopolitically. Those other goals include negotiations that may leave the economy

Fiscal effects are what everyone focuses on, but tariffs have many other goals geopolitically. Those other goals include negotiations that may leave the economy better off than before.

ojbyrne 2y ago
Or worse off.
- downrightmike 2y ago
  Yeah, no country is going to be like "You've been punching us in the face for the last four years, but anyway, how can I bend over backwards and help you???" Basically, the admin is using every known trick in the book to break the economy and the standing of the USA as a world power.
protimewaster 2y ago
Whose economy, though?
dekerta 2y ago
So Trump's master plan is to renegotiate the free trade agreement that he already renegotiated during his last term? He obviously has no idea what he's doing. Is there even a point in signing treaties with the United States when you guys will just keep electing madmen that want to tear everything up every 4 years?
RandomUser4976 2y ago
Tariffs as a negotiation tactic shows you can’t actually negotiate so instead you tax your own voters, you tax your own country and then act like you’re a big dog and a brilliant negotiator. It’s a joke. Any idiot can shoot their own foot. Trump is not playing 3D chess. Trump and many of his supporters don’t understand basic logic, economics, fiscal or monetary policy so they support Trump’s tariffs. Trump and many of his supporters think a trade deficit is bank account with a negative amount or is like running up a credit card. Morons. I have a trade deficit with my grocery store because I buy products from them and they buy nothing from me in return. Using Trump’s logic I should tax myself and pay more the the groceries because a trade deficit exists lol
- blackeyeblitzar 2y ago
  This is the argument that I was responding to, and repeating it isn’t a curious approach.
anal_reactor 2y ago
> Fiscal effects are what everyone focuses on, but tariffs have many other goals geopolitically. True, but it's exemplary Q2-term thinking. Whatever goals US is about to achieve, is it worth it to backstab allies over them? US proves itself as an unreliable partner, so long-term, other countries will work on decoupling from the US, minimizing its soft power. Over the next few years, Canada and Mexico will for sure pivot more towards EU.

Fiscal effects are what everyone focuses on, but tariffs have many other goals geopolitically. Those other goals include negotiations that may leave the economy better off than before.

ojbyrne 2y ago

Or worse off.

downrightmike 2y ago
Yeah, no country is going to be like "You've been punching us in the face for the last four years, but anyway, how can I bend over backwards and help you???" Basically, the admin is using every known trick in the book to break the economy and the standing of the USA as a world power.

protimewaster 2y ago

Whose economy, though?

dekerta 2y ago

So Trump's master plan is to renegotiate the free trade agreement that he already renegotiated during his last term? He obviously has no idea what he's doing. Is there even a point in signing treaties with the United States when you guys will just keep electing madmen that want to tear everything up every 4 years?

RandomUser4976 2y ago

Tariffs as a negotiation tactic shows you can’t actually negotiate so instead you tax your own voters, you tax your own country and then act like you’re a big dog and a brilliant negotiator. It’s a joke. Any idiot can shoot their own foot. Trump is not playing 3D chess. Trump and many of his supporters don’t understand basic logic, economics, fiscal or monetary policy so they support Trump’s tariffs. Trump and many of his supporters think a trade deficit is bank account with a negative amount or is like running up a credit card. Morons. I have a trade deficit with my grocery store because I buy products from them and they buy nothing from me in return. Using Trump’s logic I should tax myself and pay more the the groceries because a trade deficit exists lol

blackeyeblitzar 2y ago
This is the argument that I was responding to, and repeating it isn’t a curious approach.

anal_reactor 2y ago

> Fiscal effects are what everyone focuses on, but tariffs have many other goals geopolitically. True, but it's exemplary Q2-term thinking. Whatever goals US is about to achieve, is it worth it to backstab allies over them? US proves itself as an unreliable partner, so long-term, other countries will work on decoupling from the US, minimizing its soft power. Over the next few years, Canada and Mexico will for sure pivot more towards EU.