Trumps "Liberation day"

[DeSexGuide]

Trump is saying he might put up to 250% tariffs on Indian exports, pharmaceuticals might go high if this happens

[gotonudecom]

Trump is saying he might put up to 250% tariffs on Indian exports, pharmaceuticals might go high if this happens

Prescription drug prices in the United States are significantly higher than in other countries, averaging 2.78 times those in 33 OECD nations based on 2022 data.
For brand-name drugs, the gap is larger, with U.S. prices averaging 4.22 times higher than in comparison countries.
U.S. prices range from 1.72 times higher than Mexico to 10.28 times higher than Turkey

Tell me why, America is already paying such higher costs? Especially, when America leads in global drug development.
About 40% of APIs for U.S. drugs come from India, and China supplies key raw materials.

Foreign manufacturing lowers production costs, but these savings are not passed on to U.S. consumers due to profit-driven pricing strategies and systemic inefficiencies.


There is more to the story than we know.

[tacnet]

If you want evidence that these tariffs are not some "Genius" trade strategy that we are all too stupid to understand then you've only got to look at Brazil.

Trump strapped a 50% tariff on Brazil and openly admitted it was because their former right-wing president (and Trump's buddy) Bolsonaro was being prosecuted for attempting a coup. He called it a "witch hunt". What the hell has that got to do with trade ?? How in the world is that supposed to benefit the American people ????

Trump is making the American consumer pay 50% more for Brazilian products simply so he can help his buddy out.

That's not a "Genius" trade strategy. That's just typical Trump bullshit !

[TheButcher]

Not sure how many people realize the tariffs are paid by the company in the USA importing the goods. I tried explain this to someone yesterday and he thinks the country slapped with the tariff pays it that is not true.

[tacnet]

Not sure how many people realize the tariffs are paid by the company in the USA importing the goods. I tried explain this to someone yesterday and he thinks the country slapped with the tariff pays it that is not true.

Exactly. Just today Trump was claiming that "billions of dollars are flowing into the USA from all those countries that have ripped us off for decades". He went on to claim that "America has taken in over $150 billion in tariffs since January". And yet not a single cent of that income has come from the exporting country. It's ALL coming from the American consumer and American businesses.

How can people not see that ???

[TheButcher]

That assumes the overseas sellers cover all the cost of the tariffs which seems highly unlikely to me. Or am
I missing something here?

[AlexO]

What is the game plan here to tick off every country who sells to us?

[TheButcher]

Here we go again, who didn't see it coming lol, another 90 day delay in the China tariffs. In return delays their tariffs for the same period of time.


https://www.cnn.com/2025/08/11/economy/ ... -extension

[NinjaMan]

Inflation in July was up, still think tariffs are not going to hurt us?


https://www.yahoo.com/finance/news/infl ... 15069.html

[jag]

Here we go again, who didn't see it coming lol, another 90 day delay in the China tariffs. In return delays their tariffs for the same period of time.


https://www.cnn.com/2025/08/11/economy/ ... -extension

It is good news they might have more time to work out a deal together

[gotonudecom]

Not sure how many people realize the tariffs are paid by the company in the USA importing the goods. I tried explain this to someone yesterday and he thinks the country slapped with the tariff pays it that is not true.

Exactly. Just today Trump was claiming that "billions of dollars are flowing into the USA from all those countries that have ripped us off for decades". He went on to claim that "America has taken in over $150 billion in tariffs since January". And yet not a single cent of that income has come from the exporting country. It's ALL coming from the American consumer and American businesses.

How can people not see that ???

I really wish you people would get your facts straight and educate yourself on how this works.

Think of tariffs like this: They're basically a tax that foreign governments slap on stuff the U.S. exports to their countries. But the bill doesn't go to the American company selling those goods—the foreign importer pays it. Then, to cover the extra cost, they jack up prices for their own shoppers. So yeah, it's folks in those other countries footing the bill, not us. For years, nations like China and the EU have been charging the U.S. huge tariffs, ripping us off big time. The goal of our tariffs is to level the import/export playing field, pushing back to make trade fairer for American businesses and workers.

In essence, Trump's tariffs aim to level the import/export playing field, prioritizing American workers and industries, but their success depends on how global markets and companies adapt over time.

[badkitty]

Not sure how many people realize the tariffs are paid by the company in the USA importing the goods. I tried explain this to someone yesterday and he thinks the country slapped with the tariff pays it that is not true.

Exactly. Just today Trump was claiming that "billions of dollars are flowing into the USA from all those countries that have ripped us off for decades". He went on to claim that "America has taken in over $150 billion in tariffs since January". And yet not a single cent of that income has come from the exporting country. It's ALL coming from the American consumer and American businesses.

How can people not see that ???

I really wish you people would get your facts straight and educate yourself on how this works.

Think of tariffs like this: They're basically a tax that foreign governments slap on stuff the U.S. exports to their countries. But the bill doesn't go to the American company selling those goods—the foreign importer pays it. Then, to cover the extra cost, they jack up prices for their own shoppers. So yeah, it's folks in those other countries footing the bill, not us. For years, nations like China and the EU have been charging the U.S. huge tariffs, ripping us off big time. The goal of our tariffs is to level the import/export playing field, pushing back to make trade fairer for American businesses and workers.

In essence, Trump's tariffs aim to level the import/export playing field, prioritizing American workers and industries, but their success depends on how global markets and companies adapt over time.

It is the American importing companies that pay the tariffs, not the companies sending us goods.

[gotonudecom]

Exactly. Just today Trump was claiming that "billions of dollars are flowing into the USA from all those countries that have ripped us off for decades". He went on to claim that "America has taken in over $150 billion in tariffs since January". And yet not a single cent of that income has come from the exporting country. It's ALL coming from the American consumer and American businesses.

How can people not see that ???

I really wish you people would get your facts straight and educate yourself on how this works.

Think of tariffs like this: They're basically a tax that foreign governments slap on stuff the U.S. exports to their countries. But the bill doesn't go to the American company selling those goods—the foreign importer pays it. Then, to cover the extra cost, they jack up prices for their own shoppers. So yeah, it's folks in those other countries footing the bill, not us. For years, nations like China and the EU have been charging the U.S. huge tariffs, ripping us off big time. The goal of our tariffs is to level the import/export playing field, pushing back to make trade fairer for American businesses and workers.

In essence, Trump's tariffs aim to level the import/export playing field, prioritizing American workers and industries, but their success depends on how global markets and companies adapt over time.

It is the American importing companies that pay the tariffs, not the companies sending us goods.

WRONG!

Your statement is only correct if you remove the word 'American'.

If you want your products to be cheaper, or made in America or your own country to boost the local economy, the everyone is going to pay higher prices until the tariffs are made fair between all the countries.

That IS what is happening with these trade agreements.
America is now able to sell to countries that before TRUMP had such high tariffs, America could not sell products there.
Products that were made in other countries are now moving their manufacturing to America.

It is a slow, even painful process.

In the long this will benefit all the poor and under paid people.

Balancing the budget and paying down the debt is widely considered the correct long-term fiscal strategy.

Trump is doing what he can. which is also making Americas pay attention to how much and where the government is spending the money and how much the government is borrowing. America should never have borrowed money to begin with. That entire process of loaning America money is a scam created to make the oligarchy rich and powerful. It worked.


https://www.youtube.com/watch?v=Xoz4jbEZzlc

The problems people are complaining about are way more complex than most can comprehend.

The one great thing about this is that more people are becoming aware of the BS that the government has been doing to the people for the past 100 plus years.

Take the hood off and the blinders and look at the bigger picture.

[bestfreeporn]

Why did American companies more manufacturing to China?

Costs and now we are being told to pay more to bring them back home.

[gotonudecom]

Why did American companies more manufacturing to China?

Costs and now we are being told to pay more to bring them back home.

They moved them to China, for profit, for the companies and the politicians. This cost hundreds of thousands of jobs in America.
Read some history for the time period that happened.

1971-1972: President Richard Nixon’s historic visit to China in 1972 marked a turning point, with initial steps to relax trade restrictions. In 1971, Nixon lifted a 21-year trade embargo, allowing selected exports to China and imports from China.

1979: Formal diplomatic relations were restored.

1980s: Trade expanded significantly, with Chinese exports to the U.S. reaching $40 billion by 1988.

China’s WTO accession in 2001 was a critical moment, as it significantly deepened economic integration by reducing trade barriers and opening markets, leading to a surge in U.S.-China trade.

One of the most significant negative impacts was the China Shock, a term coined by economists David Autor, David Dorn, and Gordon Hanson to describe the rapid increase in Chinese imports and its impact on U.S. manufacturing.

Scale of Job Losses: The China Shock is estimated to have caused the loss of approximately 1.5 million to 2.4 million U.S. jobs between 1999 and 2011, with a significant portion in manufacturing. Autor and colleagues noted that about one-quarter of the decline in U.S. manufacturing jobs between 2000 and 2007 (approximately 1.5 million jobs) was attributable to Chinese import competition.

the impact was highly concentrated in manufacturing-intensive regions, such as the Rust Belt and Upper Midwest (e.g., Ohio, Michigan, Pennsylvania). These areas saw significant job displacement due to competition from low-cost Chinese imports in industries like textiles, furniture, and electronics.

The decline in manufacturing employment was persistent, with manufacturing’s share of U.S. employment dropping from 13.2% in 2000 to 8.4% by 2019. For every standard deviation increase in import exposure, manufacturing employment fell by 1.4 percentage points, displacing roughly one in seven manufacturing workers in heavily affected areas

Low-wage workers in trade-exposed regions experienced earnings declines due to job displacement and competition.

The China Shock led to broader social impacts in affected communities, including increased poverty, higher rates of single-parent households, and a rise in “deaths of despair” (e.g., drug overdoses) among working-age adults, particularly men.

Contrary to economic expectations, incumbent manufacturing workers showed low mobility. Many remained in declining manufacturing jobs with reduced earnings or exited the labor market entirely rather than transitioning to non-manufacturing sectors or relocating to less-affected regions. This lack of adaptation exacerbated economic hardship

The economic distress in trade-exposed regions contributed to political polarization and the rise of populist politics. Affected areas became more likely to support right-wing Republican candidates, with some analysts linking this shift to the election of Donald Trump in 2016. The perception that trade with China harmed American workers fueled anti-globalization sentiment

Social frustration was compounded by wage inequality and the decline of industrial communities, which felt left behind by globalization’s benefits, concentrated among financial elites and transnational corporations

The U.S. trade deficit with China grew significantly, reaching $375 billion in 2017. This deficit was seen as a contributor to job losses, as Chinese goods flooded the U.S. market

While trade with China was a major driver, automation, skills mismatches, and reduced geographic mobility also contributed to manufacturing job losses. Some studies suggest that Chinese imports often replaced imports from other Pacific Rim economies rather than domestic production, mitigating the net job loss estimate to around 1 million

Industries like textiles, furniture, and electronics faced intense competition, leading to factory closures and layoffs. For example, the U.S. textile industry lobbied for and received tariffs to counter Chinese imports, but these measures were insufficient to stem job losses.


While the China Shock had undeniable negative impacts, the narrative is not one-sided. Trade with China brought benefits, such as lower consumer prices (especially for low-income households shopping at retailers like Walmart) and increased profits for U.S. corporations. Exports to China supported over 1 million U.S. jobs in 2019, and Chinese multinational firms employed nearly 200,000 Americans by 2018. However, these benefits were unevenly distributed, with gains concentrated among consumers and corporations, while losses hit specific communities and workers hard

The negative impacts were exacerbated by inadequate U.S. policies to support displaced workers, such as retraining programs or relocation assistance. Economists argue that the U.S. failed to implement sufficient adjustment policies to mitigate the concentrated disruption in manufacturing regions. Moreover, China’s state-led economic model, including subsidies and intellectual property issues, intensified competitive pressures on U.S. firms.

America’s trade with China began in earnest in the late 18th century but expanded significantly after 1979, with a major escalation following the 2000 U.S.–China Relations Act and China’s 2001 WTO entry. The China Shock led to substantial job losses in U.S. manufacturing, particularly between 2000 and 2007, with estimates of 1.5 million to 2.4 million jobs lost due to Chinese import competition. These losses were geographically concentrated, suppressed wages, and contributed to social and political unrest, reshaping affected communities and fueling anti-globalization sentiment. While trade with China brought economic benefits, the negative impacts on the U.S. jobs market, particularly in manufacturing, were significant and poorly mitigated, highlighting the challenges of rapid globalization.


In a nutshell, for YOU pay less, millions lost their jobs, homes, families and lives. Made in China products suck!
This also paid for China to build up their army. Look where that is leading us.

Many workers in China, particularly low-skilled and migrant workers, endure poor conditions marked by long hours, with the "996" work schedule common in industries like tech and manufacturing. Wages for these workers are often low, sometimes insufficient for urban living costs, and workplace safety can be inadequate, with risks of accidents and exposure to hazardous materials. Limited labor rights, lack of independent unions, and restricted access to social benefits like healthcare and pensions due to the hukou system further exacerbate challenges, despite some regulatory improvements.


Reports of slavery and forced child labor in China highlight severe abuses, particularly in certain industries and regions. The 2007 Shanxi Black Brick Kiln scandal exposed thousands, including children as young as eight, forced to work in illegal brickyards under brutal conditions, enduring 16-hour days, torture, and confinement, with some sold by traffickers for as little as 300-500 yuan ($40-60). Children were often kidnapped, beaten, and subjected to inhumane treatment, with local authorities sometimes complicit or negligent. The Chinese government responded with a crackdown, rescuing over 550 people, including 69 children, and sentencing perpetrators, though systemic issues persisted.

More recently, state-imposed forced labor in Xinjiang, particularly targeting Uyghur and other Muslim minorities, has been widely documented. A 2022 UN report concluded that forced labor in agriculture and manufacturing, often disguised as "vocational training" or "poverty alleviation," may amount to enslavement, with children and adults subjected to surveillance, restricted movement, and abusive conditions. Forced labor has also been reported in Tibet and among North Korean workers in China.

Child labor persists in sectors like textiles and electronics, with some children coerced into "internships" that mask exploitative work. The Global Slavery Index estimates 5.8 million people, including children, live in modern slavery in China, though official statistics are scarce. Despite legal protections like the 2008 Labor Contract Law and ratification of ILO conventions, enforcement is inconsistent, and the lack of independent unions limits recourse for victims. These conditions exacerbate the already poor work environment for many Chinese workers, compounding issues like long hours and low wages.


Is you saving a few bucks on cheaper (inexpensive because of inferior quality.) products worth children being forced to work?
Is you saving a few bucks on cheaper products worth the social impact on other Americans and other countries?