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To: Fishtalk
"Right now, as the stock market falls like it does when someone breathes too heavily, as I understand Trump is putting off the charging of tariffs to China for six months.

Scuttlebutt has it that Trump is doing this to avoid problems in the 2020 election."

Trump is exactly right on tariffs. This is not hard to understand. There's no scuttlebutt.

If Trump laid the last set of tariffs, Christmas buying power is reduced 20-25% BUT as his advisors pleaded, Americans buy anyway because we spoil our kids.

So whether it's Elmo or XBox, those last round of tariffs would have been demonstrably a working-class/middle-class pocketbook bite.

Picture a 3-page NYT spread showing before/after 'tariff pricing' for Christmas giftery right before Black Friday in an obvious attempt to ruin 4Q. [The irony of (NYT) posting a story about Christmas gift prices is only double-downed by (who) actually jobs/middlemans/distributes much of the Chinese junk, er, Christmas gifts) and thus who might just be hurt the worst had those those tariffs been implemented ho ho f*^&!#@ ho...]

The later timing makes no difference, tariffs are a long-horizon game meant to produce short-term capitulations. The amount of hurt to China is the same on a 4-year horizon ie, a hard-bargaining Trump with an eye on bringing China to heel shortly after re-election, looking for something to hand Pence as a winning issue in 2024, any Christmas tariffs yes/no in 2019 will be long-forgotten by then.

206 posted on 08/18/2019 1:43:58 PM PDT by StAnDeliver (CNN's Dana B: "Show of hands: Coverage for undocumented immigrants?" ***all Democrat hands raised***)
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To: StAnDeliver

Actually, there is scuttlebutt. It’s wrong, but there is. Rush spent considerable time on it this week.

This is the way I see it:

(But first, let me just say I am not a BU Economics graduate like Alexandria Ocasio-Cortez... So... anyway...)

Getting China—or any country—to play fair when trading with our country is an eminently reasonable thing for an American president to do. To continue bending over and taking it in the behind isn’t.

That’s it.

People might not like having to suffer some in order to standup to them, but it’s gotta be done.

We can’t keep kicking this can down the road. Grownups have to act.

Anyone not a moron, or an BU Economics graduate, can see this.


207 posted on 08/18/2019 1:55:55 PM PDT by Alas Babylon! (The media is after us. Trump's just in the way.)
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To: StAnDeliver
Bottom line on Tariffs is that the chicoms have been screwing us for years on the tariffs while stealing everything they could get their hands on and then complaining when we catch them!!

Trump is the first one to stand up to these asshollls. We have to stand up to them and demand a fair deal. While doing this however it's more important to develop new and more suppliers all over the world. Anyone that can do the job of the chicoms should be considered and developed.This is what will finally get their attention. Even when they straighten out,or pretend to, we need to split up our porduction and never again give the majority to any one country. Especially a communist country. As long as the chicoms think that we have no where to go but to them they will never deal.Why should they?

222 posted on 08/18/2019 3:59:03 PM PDT by rodguy911 (Maga: USA supports Trump. Home of the Free because of the brave.)
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