Donald Trump announced Friday that he was scrapping U.S. tariffs on beef, coffee, tropical fruits and a broad swath of other commodities — a dramatic move that comes amid mounting pressure on his administration to better combat high consumer prices.
Trump has built his second term around imposing steep levies on goods imported into the U.S. in hopes of encouraging domestic production and lifting the U.S. economy. His abrupt retreat from his signature tariff policy on so many staples key to the American diet is significant, and it comes after voters in off-year elections this month cited economic concerns as their top issue, resulting in big wins for Democrats in Virginia, New Jersey and other key races around the country.
Hey dipshit MAGA subhumans, guess what?
spoiler
They ain’t going to lower the prices. They’re going to pocket the difference because people are already paying it. You did this. Have a merry Christmas you cockroach filth covered animals.
This guy fucks everything up, then wants us to praise him for unfucking one or two things he himself fucked up.
So, tariffs do raise prices then?
Man, if only someone had known that going into this mess.
Shame that trading partners are already all adapting away from the unstable and untrustworthy tRump regime, who the fuck wants to rely on trade with someone who can completely change their spongy dementia addled mind at the slightest perceived offense or even imagined ones, or their mood that day… or the weather… Honestly, this will not have the desired outcome for Americans because tRump poisoned the well already with his self-serving, corrupt horseshit.
He wasn’t lying when he said the tariffs were great for ‘us’, he just wasn’t talking about the same ‘us’ the public thinks he is. He’s talking about himself and a few oligarch business associates who are cannibalizing the country with his gleeful permission. It’s not that he’s too dumb to see they’re playing him, it’s that he DOESN’T CARE about America, at all. Perhaps he even hates America for being rejected by the elite for decades on end. He’s a bitter, wrathful, closeted gay diva, and he is only happy when you personally are suffering. It’s the disappointment of the millennium that so many American people are blind to this, or willfully ignorant because they still somehow buy the lie that it could be them getting into the club and being one of the rich and powerful who can do anything they want and not have to care about their peers.
Don’t quit your job, save your money, and buy raw ingredients so you can cook your own food, cause the damage he’s done to trade is not going to fade fast enough for bullshit gestures like putting out the fire he started himself to have an impact that favours working Americans. Stay strong, and find ways to get his shit-encrusted and rotting carcass out of office before a complete collapse is upon you and the entire world suffers. That goes for the criminally liable enablers calling themselves the republican party, too. Don’t forget corporate plants in the Democratic party.
Oh so the tariffs aren’t making us rich?
But I thought that’s what he and his dickheads in charge said!
Oh well, I am positive all his supporters will find a way to pin this on Biden and the radical liberal left I keep hearing so much about. They just gotta wait for Fox News to tell them how to feel first.
Yeah except the damage is already done. The issue is every time he does this shit the countries that aren’t able to import to America go elsewhere and start up in those countries. If they already established why the fuck would they come back and risk the loss again off the tariff rug pull? It’s not only logical it’s a better business move to just stick where you are where the market is going to be stable. This is what happened to the soy farmers.
as if that’s all it took to lower prices. companies are gonna look at this as ‘free profit’ and keep them high, pocketing the ‘savings’ for as long as they can.
Walmart and every other grocery store corporation:
Yeah, the prices won’t go down unless forced
I can only hope it works
Gasp but forcing them is communism!
To be fair to corrupt corporations, they already bought the beef and coffee at tariffed prices, so they have to sell that stuff before the prices can go down. Unless they get a refund (not gonna happen), that’s the way things work.
We’re number 4 for beef exports… Why are we importing it back?!?
Short Answer: Markets are complicated and full of hundreds of thousands of moving parts. For a very simple example related to beef - we could consider the import of Waygu beef since that’s a commodity you can’t make in the USA.
Obviously, there’s plenty of other beef products we import. Anyways yeah usually a country is exporting and importing the same stuff in some quantities when it comes to things like beef or pork or simple mechanical widgets or whatever. Just stuff that because of the quirks of supply and demand and logistics makes it so widgets are exported for sale and also sold domestically.
This, BTW, is why the deal with Argentina to import more beef will do nothing for prices. Argentinian farmers pretty much exclusively raise very high end free-range grass fed beef that sells for a very high sticker price. This might be good for, say, Michelin star New York restaurants, but it won’t help anyone out in the grocery store.
Because American beef is cheap garbage that even Americans don’t want to eat.
Weird, I was assuming that adding tariffs on coffee would magically create plantations of coffee in Wyoming
Or bananas!
Wyoming is already full of bigots, no space to plant coffee trees.
Wyoming isn’t full of anything, the entire state has the population of a mid sized town.
Why are Republicans always so attracted to rural areas with low population density? So that they don’t have to deal with other Republicans.
The Art of the TACO.
So this means prices are going to go down, right? Right? And not that corporations will just keep the pricing and increase their profit.
I mean there might be some merit. The ghost writer did everything and got their name on the title. That said I’m still going to pass.
There’s always the Johnny Depp adaptation if you prefer.
I’m listening
Masterful gambit, sir.
Can’t be, he’s been exclaiming how groceries were already lowered.
They’re gonna pay us for groceries!
Strange word that, groceries. People are saying it.
Trump came up with that word himself. That’s why everyone is saying it now.
Then he forced everyone to have an ID to buy them.
A greens grocer is 6 feet tall with a 54 inch chest and 36 inch waist. What does he weigh?
Groceries.
Who’d have thought… the recomendations for how to lower prices… were, to stop doing those things everyone told him would raise prices and he swore up and down wouldn’t.
There’s no reasoning with a moron.
Lol. The prices arent gonna go down. They just might not keep going up.
as fast*
One of Trump’s mouthpieces will be talking soon about how the fourth derivative of prices is slowing down, so everything’s OK.
This is not Canada. This is USA.
None of our politicians know what Calculus is
Ah yes, the price jounce has decreased…
