Trump's 35% Tax (Penalty) On Ex-Pat Mfg

[kybkh]

Trumps series of tweets today warning all manufacturers that there will be a 35% tax on products which were once made in the US and now being made overseas is something of legends.

The enemies he will make with such a policy will be some of the most powerful in the world.

[DrYouth]

Will this continue after he gets into office?

Greatest show on earth, this guy.

[Ex-California]

If he follows through with it he will be on the level of TR

[StCapps]

He won't follow through. Yet another outrageous opening offer that he will moderate on, like all the others, he said it simply to gain negotiation leverage, not because it's some hard policy position he'll never budge on. Good luck getting that through congress anyway, even if he was a stubborn ideologue on the tariff tip.

[boethius]

The tariff just got 10% higher.

Why must Ford spend money on worker safety, enviro regs, health care, etc. in the US, but can ignore all that by moving south of the border and still have all the privileges to sell its product in the US as a company that stayed here? It's absurd.

If not having auto workers lose their arms on assembly lines is something we care about, we should care whether it happens in Canton, Ohio or Canton, China. While we won't invade China to impose worker regulations on them, we certainly don't have to give them the same access to our markets that companies who do follow our regs get.

[KerningChameleon]

The tariff just got 10% higher.

Why must Ford spend money on worker safety, enviro regs, health care, etc. in the US, but can ignore all that by moving south of the border and still have all the privileges to sell its product in the US as a company that stayed here? It's absurd.

If not having auto workers lose their arms on assembly lines is something we care about, we should care whether it happens in Canton, Ohio or Canton, China. While we won't invade China to impose worker regulations on them, we certainly don't have to give them the same access to our markets that companies who do follow our regs get.

Alternatively, we can decide that, no, we don't care if you lose an arm, get back to work right now or you're fired, Joe. Human capital is cheaper now than it's ever been, and if we need to sacrifice safety and environmental standards to compete with the third world... well, what's a few thousand lives compared to the economic leverage, right lads? Kill OSHA and the EPA, Nixon was a fool for working with the Democrats and passing such things to begin with!

It's just until all the factories can be fully automated, anyway. Grin and bear it, workers of the world!

[StCapps]

The tariff just got 10% higher.

Why must Ford spend money on worker safety, enviro regs, health care, etc. in the US, but can ignore all that by moving south of the border and still have all the privileges to sell its product in the US as a company that stayed here? It's absurd.

If not having auto workers lose their arms on assembly lines is something we care about, we should care whether it happens in Canton, Ohio or Canton, China. While we won't invade China to impose worker regulations on them, we certainly don't have to give them the same access to our markets that companies who do follow our regs get.

It's an outrageous opening offer, not a set in stone policy. Trump has done this repeatedly, before dialing his position back to something more reasonable, it's about time you folks catch on. Donald Trump is a flexible pragmatist, not a stubborn ideologue. It's all about trade being a two way street with Trump, if that two way street involves lower tariffs by both countries on each other's exports than he'll jump at that opportunity.

The 35% tariff on imported goods for those companies is saber rattling to intimidate the corporations into doing what he wants, he's not going to deliver in full, but he wants them to think he's going to.

[boethius]

Whatever our regulations cost US based companies, that's what tariffs on imports should be.

If you think the tariff is too high abd raise prices for consumers, then lower the regulations. Otherwise, the tariffs are simply the cost of maintaining effective regulation of business practices.

[Smitty-48]

Whatever our regulations cost US based companies, that's what tariffs on imports should be.

If you think the tariff is too high abd raise prices for consumers, then lower the regulations. Otherwise, the tariffs are simply the cost of maintaining effective regulation of business practices.

So you're going to pay a 35% premium on everything, just to prop up a big government nanny state nonsense festival?

That's called Canada, dude.

[boethius]

Whatever our regulations cost US based companies, that's what tariffs on imports should be.

If you think the tariff is too high abd raise prices for consumers, then lower the regulations. Otherwise, the tariffs are simply the cost of maintaining effective regulation of business practices.

So you're going to pay a 35% premium on everything, just to prop up a big government nanny state nonsense festival?

That's called Canada, dude.

No, I want to be honest about the cost of regulations.

If these regulations are worth having, theb they are worth enforcing via tariffs.

If 35% is too much, then we need to deregulate our US businesses.