Tarrifs will have to be pretty high to make u.s products price competitive with chinese products. I think they wwill not be set that high and we will just be paying more for chinese products.

Apparently 1984 was a documentary.

Old administration: prices are rising, it's terrible, its because the leader is an idiot

New administration: prices are going to rise, it's okay, it's because the leader is smart



As far as cheap crap at walmart and competing with China......until we can start paying 12 year olds to solder electronics for 50 cents and hour, and force political prisoners to make cheap throw-away junk for free. we'll never be able to compete with China.

From what I've seen over the years, there are all kinds of things that can cause inflation, some the economy overall like we've seen the last 4 years and some only effects a certain product/sector.

History says Trump countered any inflation tariffs caused with other means, mainly energy. We'll know in 4 years and I'm guessing it'll go like his first 4

atv sxs prices will be affected not just because of tariffs. Yamaha is going out of business. Your only options are going to be Polaris or Can Am shortly, kawasaki. Yamaha is getting rid of engineers and alot of staff, same way they started getting rid of Arctic Cat.

We Need to stop the addiction Americans have for buying cheap chinky crap ..

Yamaha is not going anywhere

They will stop production of snowmobiles though , after 2025 I believe

If there is one thing that ........almost all economists agree on .....it is that tariffs are a net negative for everyone. They raise prices overall and protect a few jobs while costing many jobs in the secondary and tertiary levels.

I used to know the numbers of jobs"saved" in the steel industry compared to the jobs lost because of higher prices. But you can get an idea from the article below.
It also seems like a bad idea to make non essential products here that can be made cheaper elsewhere. Comparative advantage is something to exploit......not discard .


https://www.wsj.com/articles/how-trumps-steel-tariffs-failed-11621288859

https://www.k-state.edu/landon/speakers/milton-friedman/transcript.html

That's fine until other countries are eating your lunch.

Apparently almost all economist have no knowledge and get their facts from main stream media.

Similar to when all the expert doctors were certain on the jab, disease spread, and ivermectin????? Just curious?

What a great thread...to get all the liberals out of the closet

Seriously not trying to offend. Just a serious question for anyone who dares think for themselves.

Being concerned about the effects tariffs will have on prices=liberalism?

I thought liberals liked tarrifs. That was why biden kept trump's?

Not only did he keep them, he increased some of them back in September; to 100% on electric vehicles, to 50% on solar cells and to 25% on electrical vehicle batteries, critical minerals, steel, aluminum, face masks and ship-to-shore cranes.

I said if these countries don't stop illegals, and fentanyl from coming across our borders.
It will be their fault if Trump sets tariffs!
Maybe,just Maybe their government will do something about it.

RSS Feed
"
President Reagan's 1988 radio address on free trade, delivered soon after the U.S.-Canada Free Trade Agreement was signed, remains timely.

My fellow Americans:

This week, as we prepared for Thanksgiving, Canada held an important election, and I'm pleased to again send my congratulations to Prime Minister Mulroney. One of the important issues in the Canadian election was trade. And like our own citizens earlier this month, our neighbors have sent a strong message, rejecting protectionism and reaffirming that more trade, not less, is the wave of the future.

Here in America, as we reflect on the many things we have to be grateful for, we should take a moment to recognize that one of the key factors behind our nation's great prosperity is the open trade policy that allows the American people to freely exchange goods and services with free people around the world. The freedom to trade is not a new issue for America. In 1776 our Founding Fathers signed the Declaration of Independence, charging the British with a number of offenses, among them, and I quote, "cutting off our trade with all parts of the world," end quote.

And that same year, a Scottish economist named Adam Smith launched another revolution with a book entitled "The Wealth of Nations," which exposed for all time the folly of protectionism. Over the past 200 years, not only has the argument against tariffs and trade barriers won nearly universal agreement among economists but it has also proven itself in the real world, where we have seen free-trading nations prosper while protectionist countries fall behind.

America's most recent experiment with protectionism was a disaster for the working men and women of this country. When Congress passed the Smoot-Hawley tariff in 1930, we were told that it would protect America from foreign competition and save jobs in this country—the same line we hear today. The actual result was the Great Depression, the worst economic catastrophe in our history; one out of four Americans were thrown out of work. Two years later, when I cast my first ballot for President, I voted for Franklin Delano Roosevelt, who opposed protectionism and called for the repeal of that disastrous tariff.

Ever since that time, the American people have stayed true to our heritage by rejecting the siren song of protectionism. In recent years, the trade deficit led some misguided politicians to call for protectionism, warning that otherwise we would lose jobs. But they were wrong again. In fact, the United States not only didn't lose jobs, we created more jobs than all the countries of Western Europe, Canada, and Japan combined. The record is clear that when America's total trade has increased, American jobs have also increased. And when our total trade has declined, so have the number of jobs.

Part of the difficulty in accepting the good news about trade is in our words. We too often talk about trade while using the vocabulary of war. In war, for one side to win, the other must lose. But commerce is not warfare. Trade is an economic alliance that benefits both countries. There are no losers, only winners. And trade helps strengthen the free world.

Yet today protectionism is being used by some American politicians as a cheap form of nationalism, a fig leaf for those unwilling to maintain America's military strength and who lack the resolve to stand up to real enemies—countries that would use violence against us or our allies. Our peaceful trading partners are not our enemies; they are our allies. We should beware of the demagogues who are ready to declare a trade war against our friends—weakening our economy, our national security, and the entire free world—all while cynically waving the American flag. The expansion of the international economy is not a foreign invasion; it is an American triumph, one we worked hard to achieve, and something central to our vision of a peaceful and prosperous world of freedom.

After the Second World War, America led the way to dismantle trade barriers and create a world trading system that set the stage for decades of unparalleled economic growth. And in one week, when important multilateral trade talks are held in Montreal, we will be in the forefront of efforts to improve this system. We want to open more markets for our products, to see to it that all nations play by the rules, and to seek improvement in such areas as dispute resolution and agriculture. We also want to bring the benefits of free trade to new areas, including services, investment, and the protection of intellectual property. Our negotiators will be working hard for all of us.

Yes, back in 1776, our Founding Fathers believed that free trade was worth fighting for. And we can celebrate their victory because today trade is at the core of the alliance[s] that secure the peace and guarantee our freedom; it is the source of our prosperity and the path to an even brighter future for America."

King of the liberals!

Source:IPI

Until next week, thanks for listening, and God bless you.

Heard on FOX this afternoon that Mexico and Canada needed to secure their borders if they wanted to avoid the tariffs according to Trump. Within hours Trudeau said they would be willing to get together and work things out. Sounds like Mexico feels the same way. If true why couldn't Biden and Harris done something similar?

Biden and Harris are American Marxists and hate America is why, Biden is owned by the CCP!