Mancode Posted June 5 Report Posted June 5 I support elon musk , he is the goat here , trump & MAGA who support him blindly will regret elon opposing trump administration i think its gonna end up badly for both sides, more for trump elon EV tax credit is taken away by trump, elon didnt liked it , trump also didnt want elon to dominate on his cabinet memberss, lot of reasons which are not known to public maybe cause of fued, i belive its real and trump also didnt appointed many musk picks for positions in government elon has biggest meghaphone in the world, since 2022 X was for free speech, which allegedly banned in MSM , and thro America PAC elon donated lot of money , now he supports some one else in 2028 Gop primaries , its gonna be different election, alltogether, more mudslinging going to come in next 3.5 yrs 1 Quote
Mancode Posted June 5 Author Report Posted June 5 Just now, Coconut said: Erripook vs Konda Erripoook say thaat to obama and biden and kamala 1 Quote
DonnyStrumpet Posted June 5 Report Posted June 5 Both are KVPs. But I support Elon. Dump is acting too arrogant. Whether it’s with tarrifs or with India etc. Lastly, he is even befriending terror mullahs. That’s my breaking point 2 Quote
Mancode Posted June 5 Author Report Posted June 5 Just now, DonnyStrumpet said: Both are KVPs. But I support Elon. Dump is acting too arrogant. Whether it’s with tarrifs or with India etc. Lastly, he is even befriending terror mullahs. That’s my breaking point agreed ,trump crypto stuff and appointing pakis in govt is very bad ,tariffs i usual support , thats how manfacturing won't leave US Quote
psycopk Posted June 5 Report Posted June 5 I didnt expect elon to be this dumb… he ** from both parties 1 Quote
DonnyStrumpet Posted June 5 Report Posted June 5 1 minute ago, Mancode said: agreed ,trump crypto stuff and appointing pakis in govt is very bad ,tariffs i usual support , thats how manfacturing won't leave US Manufacturing goes to places where it’s easy to produce. Do you think it makes sense to grow paddy in thousands of acres at Gachibowli? It will be waste of money. It’s better to produce crops on rural side. Same equation applies to USA and third world countries. Quote
Mancode Posted June 5 Author Report Posted June 5 2 minutes ago, DonnyStrumpet said: Manufacturing goes to places where it’s easy to produce. Do you think it makes sense to grow paddy in thousands of acres at Gachibowli? It will be waste of money. It’s better to produce crops on rural side. Same equation applies to USA and third world countries. if the manfacturing costs stands same with producing in USA and china why they move out ?? there are lot of industrial places in USA too , where land is cheap Quote
DonnyStrumpet Posted June 5 Report Posted June 5 1 minute ago, Mancode said: if the manfacturing costs stands same with producing in USA and china why they move out ?? there are lot of industrial places in USA too , where land is cheap Here land is just a metaphor. In strict sense, I’m talking about labor wages, employee benefits, raw material costs, legal hurdles, licensing costs, environmental regulations etc, Quote
Mancode Posted June 5 Author Report Posted June 5 5 minutes ago, psycopk said: I didnt expect elon to be this dumb… he ** from both parties he is not dumb, he is gonna stay for another 40 years , trump after this term done, nobody will take him seriously maybe if JD vance becames prez, he might agree on few things 1 Quote
balancer Posted June 5 Report Posted June 5 its just a ego war, they will settle down in few days Quote
Mancode Posted June 5 Author Report Posted June 5 Just now, DonnyStrumpet said: Here land is just a metaphor. In strict sense, I’m talking about labor, employee benefits, licensing costs, environmental regulations etc, already gone by trump check steel tariffs on china in trump first term and how they worked out well .. check Grok AI answer Trump introduced tariffs on a range of goods, starting with solar panels and washing machines in January 2018 (30–50%), followed by steel (25%) and aluminum (10%) imports in March 2018, affecting most countries, including the EU, Canada, and Mexico by June. He also targeted China with Section 301 tariffs, beginning with 25% on $50 billion of goods in July 2018, escalating to 10% on $200 billion in September 2018 (later raised to 25% in May 2019), and planning 10% on $300 billion more by September 2019, though some were delayed or exempted. These tariffs aimed to address unfair trade practices, protect U.S. jobs, and enhance national security. The results were mixed. On the positive side, the steel and aluminum tariffs led to a revival in the U.S. steel industry, with a 2024 study noting increased production, employment, and over $15.7 billion in new investments, creating at least 3,200 jobs. Steel and aluminum imports dropped by nearly one-third from 2016 to 2020, and Minnesota’s iron ore industry saw a boost. Some reports, like one from the Economic Policy Institute, found no significant correlation with inflation, with prices rising minimally (0.7%) while real wages grew and the U.S. collected billions in revenue. The tariffs also pressured Mexico to deploy troops to curb illegal immigration and helped renegotiate NAFTA into the USMCA in 2020, maintaining 0% tariffs on most goods among the U.S., Mexico, and Canada. However, the broader economic impact was less favorable. Studies, such as one from the University of Chicago in 2024, showed U.S. consumers bore most of the tariff costs through higher prices—washing machine prices rose 12% ($86 per unit), costing consumers $1.5 billion annually. A Brookings report from 2020 estimated that each job created in the steel industry cost consumers $900,000, and in the washing machine industry, $817,000. Overall, job gains in protected sectors were offset by losses in industries reliant on imported inputs and those hit by retaliatory tariffs from China, the EU, and others, which targeted U.S. exports like bourbon and agricultural goods. The trade deficit with China grew to $679 billion, and the middle class declined by 11%, according to some posts on X, though these claims lack corroboration. Economists also noted that manufacturing jobs didn’t significantly return, as automation and global supply chain shifts (e.g., production moving to Vietnam) diluted the tariffs' impact. Finally, Trump’s unpredictable tariff announcements caused market volatility, with a stock slump in late 2018 attributed to his policies. In short, while Trump’s tariffs achieved some gains in specific industries like steel and leveraged trade negotiations, they largely failed to deliver widespread economic benefits, increased costs for consumers, and didn’t substantially reduce the trade deficit or boost manufacturing jobs as promised. who won the tariff war in first term?? Determining a clear "winner" in Donald Trump's tariff war during his first term (2017–2021) is complex, as outcomes varied across stakeholders, but most analyses lean toward neither the U.S. nor its trading partners emerging as a definitive victor. Here's a breakdown: The U.S. saw some gains. The steel and aluminum tariffs (25% and 10%, respectively, starting in 2018) bolstered domestic production, with a 2024 study noting $15.7 billion in new investments and over 3,200 jobs created in the steel industry. Imports of these metals dropped by nearly a third from 2016 to 2020, and the tariffs pressured allies into trade concessions, like the USMCA replacing NAFTA in 2020, which kept most tariffs at 0% among the U.S., Canada, and Mexico. The U.S. also collected billions in tariff revenue, though much of it was redirected to bail out farmers hit by retaliatory tariffs. However, the U.S. faced significant downsides. American consumers bore the brunt of higher prices—washing machine costs rose 12% ($86 per unit), costing $1.5 billion annually, per a 2024 University of Chicago study. Retaliatory tariffs from China, the EU, and others hit U.S. exports like agriculture, costing farmers billions (e.g., soybean exports to China dropped 74% from 2017 to 2019). The trade deficit with China grew to $679 billion, and manufacturing jobs didn’t return at scale, with automation and supply chain shifts (e.g., to Vietnam) undermining goals. Job gains in protected sectors were offset by losses elsewhere, with each steel job costing consumers $900,000, per a 2020 Brookings report. China and other targeted countries also didn’t "win." China’s economy took a hit—exports to the U.S. fell, and GDP growth slowed slightly (from 6.8% in 2017 to 6.1% in 2019, per World Bank data). However, China mitigated losses by redirecting trade to other markets and boosting domestic production. Retaliatory tariffs hurt U.S. exporters, but China made concessions in the Phase One trade... Quote
Sam480 Posted June 5 Report Posted June 5 I support Elon on that BBB bill, But this issue is not related to that. It's just a reason to attack i will choose dump Thata if i had to choose lesser of the two evils Quote
krishnaaa Posted June 5 Report Posted June 5 12 minutes ago, psycopk said: I didnt expect elon to be this dumb… he ** from both parties Being forthcoming doesn't mean being dumb. He is on the side of humankind. He isn't perfect but atleast his heart is in the right place. He had similar fallout with Google founders after they said indirectly that it's ok for humans to go extinct if AI becomes superior. 1 Quote
krishnaaa Posted June 5 Report Posted June 5 5 minutes ago, balancer said: its just a ego war, they will settle down in few days TACO! Quote
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