this post was submitted on 20 Dec 2024
27 points (96.6% liked)

politics

20365 readers
3344 users here now

Welcome to the discussion of US Politics!

Rules:

  1. Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.

Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.

Example:

  1. Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
  2. Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
  3. No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive. Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
  4. Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
  5. No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.

That's all the rules!

Civic Links

Register To Vote

Citizenship Resource Center

Congressional Awards Program

Federal Government Agencies

Library of Congress Legislative Resources

The White House

U.S. House of Representatives

U.S. Senate

Partnered Communities:

News

World News

Business News

Political Discussion

Ask Politics

Military News

Global Politics

Moderate Politics

Progressive Politics

UK Politics

Canadian Politics

Australian Politics

New Zealand Politics

founded 2 years ago
MODERATORS
 

Google searches for the word “tariffs” skyrocketed as Donald Trump declared victory in the 2024 presidential election. In his first presidential term, Trump employed tariffs against China in general, but also ordered tariffs on specific goods from all countries, including solar panels, washing machines, steel, and aluminum. And in his 2024 campaign, he promised 10% tariffs across the board on all imported goods – and 60% for goods made in China.

Trump seems to view tariffs as a financial band-aid for everything from closed U.S factories to China’s rising global power, and from minimizing the risk of developing new technologies to the cost of increased border security – and as a way to discourage countries and companies from utilizing currencies other than the U.S. dollar.

top 9 comments
sorted by: hot top controversial new old
[–] Lasherz12@lemmy.world 13 points 2 months ago (1 children)

Any legitimate increase to prices will be used as justification for prices of completely unaffected products and services. Record profits ahead.

[–] Nougat@fedia.io 4 points 2 months ago (1 children)

There's not much that would be "completely unaffected" by a blanket tariff on products from a whole country with a huge trade footprint.

[–] Lasherz12@lemmy.world 3 points 2 months ago

The cost of the tariffs will be far lower than the increase as well.

[–] ShittyBeatlesFCPres@lemmy.world 8 points 2 months ago (1 children)

The author bends over backwards to be even-handed and still can’t make an argument that across-the-board tariffs are good economic policy. She basically just switches to, “I guess they can be politically advantageous over taxes that are more obvious? Maybe? But there’s no real economic upside.”

[–] moody@lemmings.world 3 points 2 months ago

Tariffs serve a purpose when your goal is to incentivize local production or materials and goods. Make foreign goods more expensive so that local ones are more attractive.

The common saying is that when all you have is a hammer, everything looks like a nail. In this case, all he has is a screwdriver but he thinks it's a hammer, and he's looking for nails.