Will Trump deliver what he has promised?

[blup]

I really do not understand his reasoning with regards to tariffs. He says there will be blanket minimum tariffs of 10-20% on all imports. He says that the tariffs will push Americans to buy American products. For that to happen, the import needs to become relatively more expensive than the domestic product. When asked, he says that the importer will absorb the cost of the tariff, meaning that US consumers will not pay more for the imported product. There will therefore be no financial incentive to by the more expensive American equivalent.

He additionally says that the tariffs might enable him to do away with federal personal income taxes. If the purpose of the tariffs is to encourage consumers to buy American, it follows that imports will fall, and thus, federal income will fall. Granted, corporate tax revenue might increase, but he had promised to reduce corporate tax rates. And his tariffs will see retaliatory tariffs which will harm US exporters (lowering corporate tax revenue further).

The guy is a moron.

He's madder than Our Liz but doubtless his followers will swallow the excuses and vote for his successor to make America great again again

 

[Notch7]

Why can’t they grow bananas ??

They’ve grown one

 

[Notch7]

I really do not understand his reasoning with regards to tariffs

there is no reasoning.

It is a very simple concept to sell just like “I’m gonna build a wall and Mexico will pay”

Raising tariffs sound like tough talk, it sounds awfully patriotic….it is of course bolox

 

[gas112]

Just as well kamala failed she couldn't even balance the books for her own campaign imagine the ar5e she would have made of a countries finances

 

[carmanmemoranda]

Just as well kamala failed she couldn't even balance the books for her own campaign imagine the ar5e she would have made of a countries finances

I know it's whataboutery but I couldn't resist

Do you know about trump's business acumen ?

 

[denso13]

Just as well kamala failed she couldn't even balance the books for her own campaign

So you think she did the accounts/bookkeeping for her party. Lol...

 

[ReganAndCarter]

Yep. All those illegals working for Trump are shìtting themselves.

At least those hundreds of Labour staff who went to 'boost' the Harris campaign helped ensure a Trump victory.

 

[ReganAndCarter]

"Will Trump deliver what he has promised?"

No. But the MAGA morons will believe he did.

Just like all the liberals who think Two Tier is sticking to his manifesto 'promises'.

 

[opps]

So you think she did the accounts/bookkeeping for her party. Lol...

I don't quite understand how they went over budget. And who will pay the firms owed money?