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Originally posted by THG:
Trump has failed to lower costs. Now is the time to fight for it.

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Originally posted by SIGNYM:
Because when China countered our tariffs by withholding rare earths, it fucked everything up including car manufacturing. Supplies need to be ensured for manufacturing to happen. It's axiomatic.

THGR:
It's not rare earths that's the problem. We have plenty. It's the infrastructure needed to create the final product that is the problem. Again, one more Trump fuckup.

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Originally posted by THG:

Article I, Section 8 of the U.S. Constitution vests the power to lay and collect tariffs with Congress. The Founding Fathers intended for legislative oversight on taxation, tariffs, and related financial matters, viewing tariffs as strategic levers to be used with caution and prudence.

The President has limited latitude to act independently of Congress within the boundaries defined by existing legislation and constitutional principles.

This judicial oversight ensures that the President’s tariff-related powers align with congressional intent and constitutional mandates.

Trump with Tariffs, as with all else, ignores the laws and constitutional boundaries put in place to make sure no one individual wreaked havoc, like a bull in a China shop. Which is exactly what Trump did and is doing.

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The terrible result of which is detrimental to America, tenfold.

First, it’s a tax on not just American businesses, but also on the taxpayer. Which is why it falls to congress. The president does not declare new taxes. He tells his party what he wants in the form of a budget, and the house and senate hash it out and vote on it.

We are the most powerful country in the world, or at least we were a few months ago.

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One reason was because we had friends. Allowing them to profit was a way of keeping them friends. These same friends would help us when we needed them too. Now, because of Trump, they hate us.

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If you or anyone else thinks we are going to see a resurgence of manufacturing anytime soon in America, wrong. It takes a decade to build the infrastructure needed.

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Then, wages will be too high for anyone to profit. If Apple wanted to manufacture the iPhone here. It would take a decade to set up the infrastructure. Then it would cost 3,500 dollars per phone.

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Price hikes because of tariffs are going to make many businesses go under. And these same price hikes are going to cost the average person around 2,300 annually. Why, so Trump can give 2 trillion in tax cuts to the top .01 present.

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Originally posted by SIGNYM:
SIX, I'm not experiencing inflation like I did under Biden, thank goodness. But I haven't seen prices go down, either. At least not grocery, energy, and healthcare.

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Originally posted by SIGNYM:

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Originally posted by SIGNYM:
Because when China countered our tariffs by withholding rare earths, it fucked everything up including car manufacturing. Supplies need to be ensured for manufacturing to happen. It's axiomatic.

THGR:
It's not rare earths that's the problem. We have plenty. It's the infrastructure needed to create the final product that is the problem. Again, one more Trump fuckup.

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Well, honestly IDK if the USA has enough deposits for all of its industries, altho apparently coal ash (which we have plenty of) is also a possible source.


The big issue with rare earths is extraction, which is incredibly messy. China supposedly has technology which makes extraction more cost effective. Even so, it creates hills of mine tailings and lakes of sludge.


There's a lot of research going on with rare earths extraction, but we're not there yet. So there's technological infrastructure required as well.

Point being, reindustrialization isn't going to happen in three years, it needs decades- long investment, probably needs to be targeted, and probably needs our government to either make preferential loans or take a majority stake in some businesses.

I don't see Trump's scattershot approach good for anything other than the lowest-hanging fruit.

And I'm OK with low- hanging fruit! It's better than nothing! But if we want to go any farther than that, we'll need an actual plan with actual focus.

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Originally posted by SIGNYM:

SIX, I'm not experiencing inflation like I did under Biden, thank goodness. But I haven't seen prices go down, either. At least not grocery, energy, and healthcare.

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Originally posted by THG:

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Originally posted by SIGNYM:

SIX, I'm not experiencing inflation like I did under Biden, thank goodness. But I haven't seen prices go down, either. At least not grocery, energy, and healthcare.

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You guys always forget to mention Biden was fixing what Trump broke.

T

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Originally posted by THG:
I see you want to discuss tariffs more comrade. I have no intention of going around in circles concerning tariffs and rare earth minerals. I've been saying before Trump got elected this would happen. You didn’t want to admit it; you just wanted to cut and paste shit about it without accepting the simple fact it was a crazy idea. You still don’t seem to get it. And I don't feel the need to convince you.

T

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Originally posted by SIGNYM:

SIX, I'm not experiencing inflation like I did under Biden, thank goodness. But I haven't seen prices go down, either. At least not grocery, energy, and healthcare.

THGR:
You guys always forget to mention Biden was fixing what Trump broke.

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