This time next year, President Trump moves back into the Whitehouse...

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Re: This time next year, President Trump moves back into the Whitehouse...

Post by Mr. Dazzle »

It's weird, because pardoning implies the Turkey did something wrong.
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Re: This time next year, President Trump moves back into the Whitehouse...

Post by KungFooBob »

So these tariffs...

https://www.bbc.co.uk/news/articles/cvg7y52n411o

From the article...

He has previously claimed that these taxes are "not going to be a cost to you, it’s a cost to another country".

Surely if you were importing into the USA, you just put your prices up to cover the tariff, impacting the end consumer?

If stuff is being imported, I would assume there is a demand for it because it's not produced locally?
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Re: This time next year, President Trump moves back into the Whitehouse...

Post by Mr. Dazzle »

KungFooBob wrote: Tue Nov 26, 2024 9:04 am Surely if you were importing into the USA, you just put your prices up to cover the tariff, impacting the end consumer?
Congratulations, you've understood basic economics better than the president elect :thumbup:

The other thign which happens is, foreign suppliers stop selling in the US and US firms enjoy a better domestic market. This stifles innovation in the US (why bother making products better when you have no competition?), then if/when the tariff comes down you suddenly have a load of competition from superior foreign firms and you go out of business.

Did Mexico ever end up paying for that wall? :think:
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Re: This time next year, President Trump moves back into the Whitehouse...

Post by wheelnut »

Mr. Dazzle wrote: Tue Nov 26, 2024 8:54 am It's weird, because pardoning implies the Turkey did something wrong.
It's a pardon from being killed and eaten at thankgiving. A long tradition.
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Re: This time next year, President Trump moves back into the Whitehouse...

Post by Mr. Dazzle »

wheelnut wrote: Tue Nov 26, 2024 10:42 am
Mr. Dazzle wrote: Tue Nov 26, 2024 8:54 am It's weird, because pardoning implies the Turkey did something wrong.
It's a pardon from being killed and eaten at thankgiving. A long tradition.
yeah I get that, but that's not really a pardon :D Pardoning is when you let someone off the consequences of a conviction (which, just for pedantry, is not the same as saying someone is innocent).

I suppose the Turkey has been convicted of being delicious and easy to catch. :obscene-birdiedoublered:
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Re: This time next year, President Trump moves back into the Whitehouse...

Post by mangocrazy »

Wild turkeys live in the woods near my sister in law's place in Tennessee. You wouldn't mess with one unless you were carrying a gun, they're feisty things. And big. Dunno whether they're delicious or not...
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Re: This time next year, President Trump moves back into the Whitehouse...

Post by Skub »

mangocrazy wrote: Tue Nov 26, 2024 12:02 pm Wild turkeys live in the woods near my sister in law's place in Tennessee. You wouldn't mess with one unless you were carrying a gun, they're feisty things. And big. Dunno whether they're delicious or not...
They taste like Whisky.... Apparently.
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Re: This time next year, President Trump moves back into the Whitehouse...

Post by ZRX61 »

JamJar wrote: Tue Nov 26, 2024 8:50 am
ZRX61 wrote: Tue Nov 26, 2024 2:37 am Biden pardoned two turkeys today for Thanksgiving. Speech went awry when he confused a teeter totter (see-saw) with tater tots...
It's a tradition that the president pardons a turkey going back to Loncoln in 1865.
I know, but Biden was so confused I'm surprised he didn't appoint them to his cabinet.
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Re: This time next year, President Trump moves back into the Whitehouse...

Post by Mr. Dazzle »

Skub wrote: Tue Nov 26, 2024 2:18 pm
mangocrazy wrote: Tue Nov 26, 2024 12:02 pm Wild turkeys live in the woods near my sister in law's place in Tennessee. You wouldn't mess with one unless you were carrying a gun, they're feisty things. And big. Dunno whether they're delicious or not...
They taste like Whisky.... Apparently.
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Re: This time next year, President Trump moves back into the Whitehouse...

Post by Wossname »

ZRX61 wrote: Tue Nov 26, 2024 2:26 pm
JamJar wrote: Tue Nov 26, 2024 8:50 am
ZRX61 wrote: Tue Nov 26, 2024 2:37 am Biden pardoned two turkeys today for Thanksgiving. Speech went awry when he confused a teeter totter (see-saw) with tater tots...
It's a tradition that the president pardons a turkey going back to Loncoln in 1865.
I know, but Biden was so confused I'm surprised he didn't appoint them to his cabinet.
In comparison to the turkeys Trump’s appointing? Just for balance, like.
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Re: This time next year, President Trump moves back into the Whitehouse...

Post by ZRX61 »

The tariffs are merely a threat. Trudeau & Sheinbaum have two months to get their fucking act together. If other countries want to get in a tariff/trade war, the US can just stop exporting food to them.

Having heard Biden yesterday, I just realized who he reminded me of... Rowley Birkin QC :)
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Re: This time next year, President Trump moves back into the Whitehouse...

Post by wheelnut »

Mr. Dazzle wrote: Tue Nov 26, 2024 9:52 am
KungFooBob wrote: Tue Nov 26, 2024 9:04 am Surely if you were importing into the USA, you just put your prices up to cover the tariff, impacting the end consumer?
Congratulations, you've understood basic economics better than the president elect :thumbup:

The other thign which happens is, foreign suppliers stop selling in the US and US firms enjoy a better domestic market. This stifles innovation in the US (why bother making products better when you have no competition?), then if/when the tariff comes down you suddenly have a load of competition from superior foreign firms and you go out of business.

Did Mexico ever end up paying for that wall? :think:
Or BMW and audi start builiding factories in the US
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Re: This time next year, President Trump moves back into the Whitehouse...

Post by Mr. Dazzle »

They already have, TBF. :D

But then if Europe for example puts a retaliatory trade barrier up they then need two factories, which might be more expensive, and so on.
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Re: This time next year, President Trump moves back into the Whitehouse...

Post by Cousin Jack »

Mr. Dazzle wrote: Tue Nov 26, 2024 6:01 pm They already have, TBF. :D

But then if Europe for example puts a retaliatory trade barrier up they then need two factories, which might be more expensive, and so on.
And the ones made in Germany will be better.
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Re: This time next year, President Trump moves back into the Whitehouse...

Post by demographic »

Skub wrote: Tue Nov 26, 2024 2:18 pm
mangocrazy wrote: Tue Nov 26, 2024 12:02 pm Wild turkeys live in the woods near my sister in law's place in Tennessee. You wouldn't mess with one unless you were carrying a gun, they're feisty things. And big. Dunno whether they're delicious or not...
They taste like Whisky.... Apparently.
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Re: This time next year, President Trump moves back into the Whitehouse...

Post by Count Steer »

Mr. Dazzle wrote: Tue Nov 26, 2024 6:01 pm They already have, TBF. :D

But then if Europe for example puts a retaliatory trade barrier up they then need two factories, which might be more expensive, and so on.
They've done the tariff thing before.

In 1930, Hoover signed the Smoot–Hawley Tariff Act, which taxed imports with the intention of encouraging buyers to purchase American products, which worsened the Depression because foreign governments retaliated with tariffs on American exports.

Harold Wilson, on the other hand, had an 'I'm backing Britain' campaign to encourage people to buy home-made stuff instead of furrin. You could even get stickers! :lol:
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Re: This time next year, President Trump moves back into the Whitehouse...

Post by wheelnut »

Count Steer wrote: Tue Nov 26, 2024 7:12 pm
Mr. Dazzle wrote: Tue Nov 26, 2024 6:01 pm They already have, TBF. :D

But then if Europe for example puts a retaliatory trade barrier up they then need two factories, which might be more expensive, and so on.
They've done the tariff thing before.

In 1930, Hoover signed the Smoot–Hawley Tariff Act, which taxed imports with the intention of encouraging buyers to purchase American products, which worsened the Depression because foreign governments retaliated with tariffs on American exports.

Harold Wilson, on the other hand, had an 'I'm backing Britain' campaign to encourage people to buy home-made stuff instead of furrin. You could even get stickers! :lol:
There’s very little new under the sun, and (excepting vote grabbing rhetoric) there’s generally a reason why things are done the way they are.

We tend to be poor students of history.