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It's amazing how patently unfair the US is wanting reciprocal trade agreements...how dare we expect this. If it's going to be a "global" market, stop trying to screw the United States at every turn and then suddenly get pissed off when we somewhat level it. Some countries charge almost a 100% tarrif on goods we export to them. This has been a long time coming.
There are no winners in (trade)war. Counter tariffs will make US produced aftermarket parts like Luxon, ProCircuit, FMF, Wiseco etc. too expensive to buy for us Europeans too. The tariffs aren't beneficial to anyone in my opinion
Not fair huh? Then why have other countries been doing it to the US for literally decades. Didn't hear anyone bitching while the United States got fkd on these tariffs. Suddenly, it's a bad/unfair thing. Gimme a friggin break.
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US did not get fked by tariffs. That is POTUS kool-aid talk.
It is about to get seriously fked by said POTUS's words and actions.
What tariffs are you talking about? For example currently tariff for motorcycle parts manufactured in US is 3,7% here in Finland which isn't bad in my opinion
We've been getting screwed in the US for decades for multiple reasons but letting manufacturing leave the country is a big problem. Outsourcing to low cost countries with minimal or non existant environmental laws, cheap labor (in some cases actual slave labor), foreign countries manipulating their currencies to keep there profits up, etc has been used to keep costs on products lower to hide the fact that wages have not kept up with inflation for decades. Tariffs might not work but not having them sure hasn't worked. Everything Ross Perot warned about in 1992 has happened. The truth is anyone that could afford a bike (or a new car) before the tariffs probably still can, and the people that could not still cannot.
We have to bring significant manufacturing back to the US. It is not just the economy it is a national security issue.
So what you're saying is corporate America and the Government allowing the offshoring of all our important/base material manufacturing and supply over the last 40'ish years is us getting screwed by other countries, and tariff's levied by the U.S. and paid for by the citizens of this country who are already struggling will fix the problem?
How long do you think it takes to build up that manufacturing capacity to replace even 20% of what we lost?
The US didn't get fkd? You must be a financial genius. Millions of lost manuf jobs are just cuzzzz I guess. Well, why doesn't every country on planet earth put a big fat 0% tariff on imported US goods and we'll put a 50% tariff on all non-US goods imported in this country? I mean, we're not hurting anyone now are we? It's all BS made up by Trump...in the last 100 days. Man, he is good.
Reciprocal tariffs would be fair game, definitely.
The problem is that the left column, the so-called "tariffs charged to the US" have nothing to do with tariffs, as the WH has acknowledged today, it's (exports - imports) / imports , based on 2024 data, with a minimum of 10%.
Countries applying 0 tariff to US are rewarded by a "discounted" 10% tariff.
Average tariff for US goods in EU is 1% (70% of US goods have 0 tariff), reciprocal tariff would be 1%, "discounted" reciprocal tariff would be 0.5%. That would be fine. 20% tariff is 20 times more than what is applied to the US, so of course it's starting a trade war when tariffs will go up, prices will go up, nobody wins.
Please educate me, how on earth have the superpowers of Vietnam, Cambodia, Sri Lanka, Madagascar, Myanmar, Laos, Lesotho, Mauritius, Falkland islands, Syria and St Pierre et Miquelon been able to bully the US? The truth is that they have been slapped by 40-50% tariff not because of any agressive actions from their part but simply because the US buys so much more from them (because it's cheap, and nobody forces them) than these countries themselves buy from the US (because they're tiny and/or poor countries). There's nothing they can do about it, people there won't suddenly be able to buy American cars but you'll end up paying much more taxes for anything coming from Vietnam or any country on that list.
We need more manuf in the US. There is no question about this. A good sound safe country thrives on manuf..not just BS service industries. So, we need to incentivize this somehow. Also, god forbid war breaks out, we need the manuf capability for national defense. Also, Trump is doing this because the US is about $37,000,000,000,000 in debt and it's not sustainable, so something has to give. It's another way to raise revenues and hopefully get out of this to some degree. Plus...all everyone has to do is put the EXACT same % tariffs on everything. Is it 100% fair across the board? Nope. Do I have all the answers?? Hell no.
That's great that you now see this has nothing to do with other countries applying huge tariffs to the US. Also great to see you're happy to pay $3-4k more taxes to your government this year, nothing wrong with that. Just not sure how that could benefit US exports or how it would make it more affordable to manufacture anything in the US? With Japan 24% tariff and EU 20% tariff, will HD suddenly decide to make dirt bikes and sport bikes?
The Fed taking in all the tariff money is the real winner, but don't expect any better government supplied services, they all been drastically cut.
Huh?? WTF are you babbling about...nothing to do with tariffs? Never said that. Do you know what incentivize means? Anyway, yes, the US has been fucked by non-reciprocal tariffs/trade agreements for decades. And, I hope the US stuffs it in and snaps it off in those countries that have hammered us the worst. China is already having issues. Sometimes, all it takes is a good old fashioned threat. Sometimes you feel the pain, but in the long run, it's better for my country.
The US fed gov't has WAY too many employees that don't do shit. These people need to go in large numbers. I worked for the feds for 7 years in Region 5 auditing (IRS and IG) before I quit out of sheer disgust. 90% of the worthless POS employees I met on the program side got paid $70k to do a $10 hr job.
Probably years, but I know we can’t do it if we don’t start doing it. Manufacturing is still leaving this country even today. My plant moved a bunch of production to our Mexico plant 2 years ago and now my job goes away at the end of this month. It is being outsourced to MX, and it isn’t even directly manufacturing related. That decision was made months before any tariff talk and before Trump was elected.
Low/no tariffs sure doesn’t work. Might as well try something different. These countries have taken advantage of free access to the US market for decades. One way or another that will end. If we keep hemorrhaging jobs we as a country won’t be buying anything. You won’t like living in that country.
Pit Row
My old ladies 2021 volvo was built in Belgium.
"Tariffs might not work but not having them sure hasn't worked."
That might be the single dumbest sentence I've ever read.
You don’t read much do you.
This sounds fine in theory, but how do you fix a problem created by the people entrusted to fix it? This has been a 40+ year burn by corporations seeking greater profit in the name of cheap shit for Americans so they don't feel or see the ever widen'ing wage gap pushing them further into servitude.
It will probably take a collapse similar to what the Soviet Union went through in the early 90s. These tariffs probably won’t be painful enough to effect real change. After all we got here by not taking our medicine. We papered over the 08-09 crash by printing money. We exited stagflation in the late 70s-early 80s by increasing deficit spending.
Any politician that significantly cuts federal spending will get voted out in the next cycle by all the people that blamed him/her for crashing the economy. There is no painless way back to prosperity.
Who cares how much I read. The problem is that you could justify all manner of insane nonsense if "not doing it hasn't worked" could serve as a reason to do something. Have a terrible ailment? Have you tried eating dog shit? No? Well you should try it. After all, not eating dog shit hasn't worked.
The big reason of outsourcing to other countries is cost, and another is moving pollution of manufacturing . Those other countries that people are paid way less, to work in conditions that no US worker would ever want to work in. Who is taking advantage of who? perspective can change how you see that argument.
The last factory I worked in closed up in part to having a hard time finding workers and it costing less to become a middleman than to employ all the people who didn't want to work anyway. Look at all the open construction jobs. A lot of good paying jobs that people could be working at. And yet all the people I know with construction companies are saying they are having trouble growing because they can't get people to work.
Who here posting would be lining up for a job at a factory?
This country was built when tariffs funded the federal government. Income tax replaced tariffs. We should probably go back to that but we won’t.
I have a theory on that problem. Prior to say 1975 you could work a job in a factory, your wife could work part time or even be a stay at home mom. You could own a house, have 2-3 kids, and take a decent vacation every year.
Now you and your wife can work, you can barely afford a house and can’t afford kids. And your wife can decide she doesn’t like you and take half of everything in a divorce and maybe even get alimony for a long time.
I think it is nearly impossible in most of the country to work a factory job, be single and afford a house. Given the choice to sit on your butt all day and live off of welfare or work your ass off and wind up in about same place financially which option do you think most people will choose?
That’s a completely different argument
LOL, the US imported $3 billion worth of goods from Russia in 2024, and had a trade deficit of $2.5 billion...
"Now you and your wife can work, you can barely afford a house"
If you both work, you have more money to spend buying a house, but everybody else is doing the same thing, so everybody has more money to buy a house, pushing the price of houses up.
The solution is more houses, built by cheap immigrant labor, to increase supply.
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