275
Screenshot of the chart by the Peterson Institute, from a news TV broadcast on MSNBC.
this post was submitted on 12 Sep 2024
275 points (96.3% liked)
Political Memes
5413 readers
3159 users here now
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Let's be real, companies are committing trade fraud and just shipping their goods to a different country that doesn't have tariffs then reshipping to the US. I listened to it on Planet Money. The sad part is, the US government isn't investigating or enforcing the tariffs. It's useless.
How would you really fix that though, if China builds manufacturing plants in Mexico, and then car dealers purchase their cars from there, placing higher tariffs on Mexico doesn't fix the issue, it just jacks up the cost of groceries, assuming the tariffs apply to all products and not just per company.
Is the idea to track the majority owners of every company and then tariff trade by company rather than where they are manufactured? What is the difference at the end of the day between a company moving manufacturing to Mexico to make the cars to avoid paying tariffs and a company making manufacturering plants for computers/phones in say China/India to get cheaper labor, and then sell the units back in the U.S.
We need a thorough revision of what the goals are and force the practices on all U.S. companies as well to make it ever workable long term.
All I know is that free trade is not fair trade. The solutions to this are referred to as "communism," so it won't be taken seriously or when it is taken seriously they'll send in police/CIA/hitmen to fuck shit up to put an end to it.