No he most likely knows. He's gaslighting the people who are watching. What's the simpler answer here? Well educated billionaire doesn't know how tariffs work, or he's lying through his teeth to protect his interests?
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He knows most likely. Daddy doesn't. Even if he did at one point, his mashed potato brains forgot it.
The rich are not better or smarter than the rest of us, and this bad breath in human form exemplifies that.
They aren't smarter but they do have access to better teachers. And Tariffs are a very simple concept.
Eric Trump ~~demonstrates in 30 seconds he~~ doesn’t have a clue ~~how tariffs work~~
He’s been given lots of clues. He doesn’t understand them, but he has them.
You have to understand a clue before you can have it.
Eric fails to understand who has the money to create the demand for illegal drugs. Also, a large portion of the illegal drug distribution is in the rural red counties because they lack law enforcement.
There is something deeply ironic about the US accusing China of flooding their country with illegal drugs. The next step is for China to demand reparations to all the fentanyl producers hurt by US law enforcement activity. Then they invade, force us to take the drugs and pay the reparations. OH, and they're going to administer Hawaii for 99 years.
Except China is doing exactly that, and it has been known for years, with multiple US federal agencies taking various steps to counteract it. E.g.:
https://www.brookings.edu/articles/chinas-role-in-the-fentanyl-crisis/
https://www.npr.org/2024/04/16/1244964595/fentanyl-china-precursor-overdose
China, specifically the CCP, has an obvious interest in weakening the US, and has demonstrated that they have no qualms with injuring people to achieve their ends (for further reading, look up Hong Kong, the Uygher people, and Tibet). (And no, before you think it, I'm not saying that getting poor white Americans addicted to opioids is equivalent to genocide of Uyghers.) We have a massive opioid crisis in the US, and it has been fueled in the last few years by fentanyl. Virtually all of the illicit opioids available here now contain fentanyl or are comprised entirely of fentanyl, and it's routinely found contaminating other drugs.
It's a problem that is recognized by both parties. To say "China is flooding the country with illegal drugs" is, yes a gross oversimplification of the problem, but it's a simple narrative the Republicans can use to try to convince their voter base that tariffs are somehow a sensible course of action. If their voter base was wont to grasp and meaningfully contemplate complex geopolitical issues, they'd never have voted Republican in the first place.
That would only be ironic if they did it to the UK.
i'm not convinced that the trump boys actually want to stop drugs from entering the country
It's hard to tell whether or not they truly don't understand, or they do, and they're just saying shit to rile up their base.
Not sure how much it matters either way, though. Consciously or not, it's still the spread of misinformation.
It’s hard to tell whether or not they truly don’t understand, or they do, and they’re just saying shit to rile up their base.
Not sure how much it matters either way, though. Consciously or not, it’s still the spread of misinformation.
Nailed it.
That's like rubbing shit on your face and telling a bully, "Okay tough guy! You want to punch me now?"
"I must apologize for Wimp-Lo, he is an idiot. We trained him wrong... As a joke."
"Again with the squeaky shoes..."
You want to cut my hair for cheap? No, I am going to stab myself in the eye with the scissors. Haha, you lose.
Seriously though, tariffs can help (as part of a bigger strategy) to develop and protect important industries. You probably want a surgical approach in applying them, though.
If any of this actually happened (unlikely), I'd expect the US to start a very long slide to irrelevance.
Agreed. Trade agreements probably always need updating and tuning, etc...including things like tariffs.
Having donvict do it, though? That idiot is not one I'd want to be doing surgery of any kind - on trade agreements or otherwise. He's a blustery moron.
We are going to cost your countries, your economies, we're going to cost your businesses billions, hundreds of billions of dollars if you think you're going to poison Americans
They realize American manufacturers and consumers pay the tariffs, right? Not the other countries.
I don't think they do. But daddy donvict seems to also think that China is somehow ripping us off because "trade deficit".
So I don't think anyone in this crime family understands much of anything at all.
Plus it's not like companies can turn things on a dime and create new facilities/train new people in response to these.
And who are they going to employ to do all this new work in America, with trump deporting the most capable labour pool ?
Either lots of high cost of living Americans or just a handful of them for maintenance on the robots doing the needed functions.
I'm not sure anyone in that family understands trade at all?
Donvict seems to think a trade deficit means China is ripping us off or something. They also seem to think that China is going to be paying tariffs, for example, when it is only going to mean that Americans are going to be paying for it. Not China. Slapping tariffs on goods coming from China, etc....is JUST ANOTHER TAX.
Do any of the dumbfucks in the Bircher/teabagger/maga/qanon, (whatever the fuck the crazies are calling themselves these days, it's a constantly rotating set of labels, but it's all basically the same set of stupid beliefs driven by feels rooted in racism) really understand that a tariff is a TAX? Again, these dipshits tried to start the "Tea party", saying they were "taxed enough already" and I bet anything that only a very, very small percentage of them have made the connection. I bet most of the teabaggermaga dipshits think it's gonna "make America great" or some shit because, donvict, their great white hope, is the one doing it to them. And doing it to them hard.
Isn't Eric the one that got rushed to the hospital because he forgot how to breathe for a while?
To this day he still hasn’t figured out the square block doesn’t fit in the triangle hole.
The square hole... Everyone knows that.
Shit’s gonna be hilarious and tragic when a head of lettuce costs $12.99.
We'll all look back longingly on Lucille's $10 banana.
Arrested Development slowly becoming Seinfeld
Bet you anything the teabaggers never properly attribute it to their support for the kakistocracy, though.
These types seem to be determined to never learn a fucking thing.
Like moronic father. Like moronic son.
The shit apple doesn't fall far from the shit tree.
Knock off the shit talk till we're back in power, Randy
let the likker guide you
A smart approach would be to slowly dial stuff up so that manufacturers had, ya know, time to build and train for complex manufacturing plants in US.
But they’re not going to do that. The plants are where they are, they would take years to move, and American consumers will pay the new import taxes in the interim.
Shameless question. At this point I approach this entire presidency as a cash/power grab by the incumbent administration.
So from an investment perspective how would pleb like me, with my Roth and 401k, game these tariffs? Local industry might get a boost, but for the most part we (the USA) still won’t produce a lot of the goods being tariffed. So, do you just bet high on commodities and U.S reseller/retailers as the big winners 12 months into the administration? Asking for a friend that’s totally not me trying to make the best out of a potentially disastrous 4 years. Thank you,
- hold a diversified portfolio that’s heavy on cash.
- buy equities when the market tanks.
- sit tight and hope for the best. Don’t check your port again until the fuckwits are gone.