Originally posted by Ravenwood
As is becoming painfully clear to everyone but the most blindly partisan, the orangutan in the oval office hasn't got a clue what he's doing. There is no grand plan here. There's not even a coherent economic policy. (Witness, his rush to cancel Biden's Chips Act, an act designed specifically to re-shore chip manufacturing to the United States - something this administration claims to want to do - for no other reason than it was Biden's.)
No, there is no grand plan. He's not playing 3-dimensional chess. He's not even playing checkers. He's playing tic-tac-toe with a tree stump. And the stump is winning.
How many times now has he flipped on his own tariff plans? Just moments ago, he stated he might flip on automotive tariffs. This clown flips and flops more than a trout at the bottom of a fishing boat.
He ran on a campaign that promised to reduce prices, and have stocks soaring again. Instead, his rule of chaos and indecision, fueled by ignorance and conflicting (mostly bad) advice, is delivering the exact opposite.
Eventually, the American voter - tired of seeing their life savings whither away and tired of paying more for everything from gas, to groceries, to clothing, car loans, etc...everything, will have the veil drawn from across their eyes and will - finally - see that their emperor has no clothes.
In the meantime, the world will just have to live with this orangutan idiot and his primate brain, jumping around the oval office 'playing government'. The midterms can't come soon enough.
I think the plan is actually quite clear level tarriffs against those who are tarriffing our goods to help even the playing field for our manufacturers. If those countries decide to lower the tarriffs than we follow suit. (That's the "flipping" in your eyes, it's more causation to me). It's a negotiating tactic, we are leveraging that we are the bigger buyer of other countries goods than they are of our goods which is a pretty safe bet.
Also how has China faired due to these tarriffs? There markets saw a much bigger hit than the US's which is likely a sign that they are going to need to come to the negotiating table as well.
Is there some risk in this? Sure, for any country or good that we keep the tarriffs on we will need to replicate the consumption via an internal creation/manufacturing. If we do meet that need, then it's another positive as we are keeping dollars in the US and not sending it out internationally. If we fail to do so, then we will run into an increase in inflation.
In terms of prices; gas is down since he took office which is trickling down and causing other common goods to drop in price as well. Egg prices have plummeted since he took office.
