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Assuming for a moment that the purpose of tariffs is to shift consumer spending away from foreign imports and towards domesticly manufactured products,
Shouldn't you want retailers to break-out the tariff cost into a seperate legible line item?
A story broke this morning that Amazon was going to start labeling products with the tariff charged on each item to make the price changes legible to the consumer. From the perspective of a protectionist economic policy, this is a good thing. It makes it unignorably clear which items are made in China and which items are made in America. It also shows the direct monetary incentive for you the consumer to but the Made in America item over the Made in China item.
From the perspective of whatever the hell the Trump administration is trying to do, this is a disaster. I understand that governments would prefer the populace not be particularly mindful of how much money they pay in taxes, but it is another thing alltogether to hear this articulated by the press secretary as something that they think makes the administration look good to the public. The official line from the MAGA infuencer types on Twitter is that retailers are doing this as a distraction from the fact that they sell cheap slop from Asian sweatshops, but this is actually highlighting the fact that they sell cheap slop from Asian sweatshops.
Of all sad words of tongue or pen, the saddest are these,Hanania was right again.
You're getting lost in the details (which are mostly lies from both sides), when this is a case of simple conflict theory. Amazon thinks, correctly, that if they label the products with the tariff this will make people angry at Trump. Trump realizes this and opposes it.
This is good instinct for politics but awful instinct for statesmanship. No amount of conquering enemies will overcome the fact that these tarrifs are self-destructive.
If you go this hard on conflict theory you end up surrounded by sycophants in an epistemic black hole. This isn't just "one unfortunate thing Trump is doing wrong" it's the primary issue with authoritarianism as a means of running the state. As soon as the guy on top of the hierarchy has a dumb idea (and everyone has dumb ideas) there's no way to stop it.
The more he punishes people for lightly pushing back on his one big dumb idea, the further into the black hole everyone goes.
This is an opinion, not a fact. The United States government received most of its revenue from tariffs until the Civil War, and they still played an important role until the corporate and income taxes were imposed in the early 20th century. The US existed for 125 years with this ‘dumb’ idea without self-destructing. As always the question should be: who benefits? Some people certainly will, and some certainly won’t.
When they didn't have a federal welfare state for the old, or a blue-water navy. The main reason why Trump beats the GOPe at the ballot box is that voters worry that the GOPe is going to aggressively cut the welfare state for the old. Maintaining Social Security and Medicare in something resembling their current form is fundamental to the political viability of Trumpism, and isn't compatible with funding the government with tariffs.
The U.S. didn’t have a welfare state in 1860 but it definitely had a blue water navy- while the union army found itself initially incapable of conquering the south the navy was more than able to blockade it, the USN had carried out overseas operations such as the Barbary coast war and opening Japan to trade, etc.
I’d also point out that welfare for the old is funded separately from the general fund- payroll taxes are technically not the same thing as income tax.
I'm quibbling now given that you are right on the Barbary war and opening of Japan, but the Union blockade of the Confederacy was not a blue-water operation and it isn't clear if the Civil War era ironclads were blue-water capable.
The blockade wasn’t blue water, no, but it shew considerable naval strength and competence and in conjunction with previously established blue water capabilities(eg Barbary war, anti slavery operations off of west Africa, opening Japan) can be taken as demonstrating that the USA was already a naval power to be taken seriously.
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The US government was small enough to be funded by tariffs and alcohol back in the day. I'd like it if it was that small again.
The US imports about 4 trillion in goods and the government budget is about 7 trillion. It's mathematically impossible to fund the budget with tariffs.
Protectionism and revenue raising are also at cross purposes for tariffs. For protectionism you want the tariffs high enough that the goods do not flow into the country. For revenue you still want the goods flowing because otherwise the tariff doesn't get paid and doesn't raise money
I think the point is that either one Trump would consider a win. I don't know why people think they have to pin a specific intent to the tariffs. Trump is looking for any win, not a specific one. Trump believes tariffs not destructive the way most economists seem to believe they are; that genuine belief opens up a lot of options for him than for someone for whom it would be an obvious bluff. Companies stop shipping to the US and industry reshores? That's a win. Companies still ship to the US? That's new revenue for the government. Countries negociate a new trade deal to dodge tariffs that's more advantageous to the US than the status quo? That's a win too.
This is a relevant point not only for Trump, individually, but the Trump coalition backing him on tariffs. A critical-mass policy coalition doesn't need everyone to want the same thing from an action, only enough people to believe their priority concern is addressed enough to be worth the cost.
The [reshoring industry is worth a high price] people and the [we need to break supply chain dependence on China even if it costs a high price] are not necessarily the same people, even if they are both willing to endure [high price]. They want different things, and would likely not be as willing to accept [high price] were they not getting something they feel was worth the price.
This is a reason why people who go 'if they wanted X, why didn't they do Y?' have been confused. There is no single desire of [X]. There is [X1], [X2], [X3], and so on, and the policy coalition is- as most policy coalitions do- cluster against various interests of [X[#]].
It is however frustrating when you are speaking to a particular individual and you say "X1 makes no sense in this context" and they say "well I just want X2 so its fine". And then you say "well X2 makes no sense either". Then they leave the chat and someone else enters to say "well i don't care too much about X2, I just want X1".
No one has an obligation to make their ideas easier to attack, but don't be surprised when we point out the internal inconsistencies.
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I can understand why pundits or political players would engage in this sort of sophistry, but to see it on a niche anonymous online forum is utterly bizarre.
A retvrn to the state of affairs where the USA was not global hedgemon would not benefit the average US citizen, much less the average Trump voter. It doesn't even benefit Trump himself. Who would benefit is China. That is self-destructive.
I disagree.
I think the US being a world spanning empire is one of the worst things that happened to the American people, and in particular to the sort of American people that votes for DJT.
But I sense that you and I have vastly different notions of the good. Salus populi suprema lex esto.
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Only in a compositional fallacy sense of the term.
Self-destruction is part of the broader category of things considered [bad]. It is not synonymous with the entire category of [bad]. Things can be both [bad], and not self-destructive.
The rest of the dispute comes to the nature of the [bad], which in turn depends on whose standards of 'benefit' apply. This leans into the typical 'they are acting against their own interests' critique that regularly dismisses differences in preferences by supposing one's own preferences are the agreed upon standard.
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Clearly there are people who think it will benefit them. People who feel strongly that things should be manufactured in America. People who think they're in a position to make things in America and would get satisfaction from that even if they had a salary cut. People who find being global hegemon ideologically distasteful or believe it has unwanted secondary effects.
I think that 'I understand why politicians are lying about this, but why are you?' is not a good starting point for understanding this perspective.
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