Donald Trump threatens 100% tariff on countries that turn away from the dollar

[TheCount]

Donald Trump pledged on Saturday to make it too costly for countries to shift away from using the US dollar, adding a new pillar to his tariff platform.

“You leave the dollar and you’re not doing business with the United States because we are going to put a 100% tariff on your goods,” the Republican presidential nominee said at a rally in the battleground state of Wisconsin.

...

Trump, who has long embraced protectionist trade policies, said the dollar has been “under major siege” for eight years. China, India, Brazil, Russia and South Africa discussed de-dollarization at a summit last year. By contrast, Trump wants the dollar to remain the world’s reserve currency, a pledge he renewed at Saturday’s rally.

https://fortune.com/2024/09/07/donal...om-the-dollar/

No details yet on the punishment for Americans who use alternative currencies.

[WarriorLiberty]

the United States because we are going to put a 100% tariff on your goods

These tariffs would only hurt the US public Products not China or those countries in general.



PC gamers face higher hardware costs as tariffs on Chinese goods set to return

PC parts, including graphics cards, motherboards, and even PC cases, look set to increase in price by as much as 25% as the Biden administration prepares to resume all the Trump-era tariffs placed on Chinese goods following a five-month delay.

[Swordsmyth]

These tariffs would only hurt the US public Products not China or those countries in general.



PC gamers face higher hardware costs as tariffs on Chinese goods set to return

Only in the short term, if then.

Slave labor goods and other foreign cheap goods are like drugs for the economy, they provide a short high and destroy the system.

[TheCount]

Only in the short term, if then.

Slave labor goods and other foreign cheap goods are like drugs for the economy, they provide a short high and destroy the system.

What does that have to do with the dollar?

[acptulsa]

Only in the short term, if then.

Slave labor goods and other foreign cheap goods are like drugs for the economy, they provide a short high and destroy the system.

And if U.S. companies can't sell to other countries because Trump won't let them take anything but Federal Reserve Toilet Paper in exchange...?

What does that have to do with the dollar?

Little if anything. Probably nothing. Petroleum wars, on the other hand, have a great deal to do with the petrodollar. And while some people don't like petrodollar wars when Democrats start them, death and destruction is their cat's pajamas when Trump does it.

[acptulsa]

I certainly hope this scuttles any silly talk about Trump relaxing the Fed's legal tender laws...

[vita3]

With all the Kamala hate almost forgot about how much Trump overreached with Presidential Economic Power

[acptulsa]

With all the Kamala hate almost forgot about how much Trump overreached with Presidential Economic Power

The Lesser Evil Gambit works very well.

[Matt Collins]

https://youtu.be/ZfN0Hmed8RM

[unknown]

How about ending the Fed, slashing spending and going on the gold standard.

[Swordsmyth]

How about ending the Fed, slashing spending and going on the gold standard.

And shifting all taxation to tariffs.

[Swordsmyth]

https://youtu.be/ZfN0Hmed8RM

Because they are the best form of taxation and promote wealth and improved standards of living along with a balance of power between the rich, the middle class, and the poor.

[TheCount]

And shifting all taxation to tariffs.

The revenues from tariffs could never pay for the size of your police state.

[Swordsmyth]

The revenues from tariffs could never pay for the size of your police state.

Considering that they paid nicely for it back when they were the only kind of taxes I think they'll be sufficient for what government we need.

[CCTelander]

Considering that they paid nicely for it back when they were the only kind of taxes I think they'll be sufficient for what government we need.

Let me know when you’ve shrunk government back down to that size. Then, maybe, we can talk.

[acptulsa]

And shifting all taxation to tariffs.

According to Trump, the very purpose of his tariffs is to prop up the petrodollar. Doesn't sound like he has the slightest intention of ending the Fed, does it?

[acptulsa]

Let me know when you’ve shrunk government back down to that size. Then, maybe, we can talk.

Forever is a long time to expect the guy to refrain from running his mouth.

After all...

The revenues from tariffs could never pay for the size of your police state.

[CCTelander]

According to Trump, the very purpose of his tariffs is to prop up the petrodollar. Doesn't sound like he has the slightest intention of ending the Fed, does it?

As I understand it ending the fed is on his agenda, immediately following eliminating world hunger, ending poverty and curing cancer. Give the guy a break! He can’t do EVERYTHING all at once you know.

[acptulsa]

As I understand it ending the fed is on his agenda, immediately following eliminating world hunger, ending poverty and curing cancer. Give the guy a break! He can’t do EVERYTHING all at once you know.

Oh, on his "...if you suspend the Constitution and appoint Me Dictator For Life" agenda. Forty More Years!

Remember, before he does anything else he's got to build the FBI a yuge, beeautyful new palace before they try to shoot him again! That'll probably eat up the entirety of his first Next Four Years all by itself.

I mean, we already know he will screw us all to save his own hide. SS already told us about several instances where he already did. We're going to be hearing a lot more, "The Prime Alpha Male had to do that because he was afeared of Hitlery's Suicide Squad!!" out of the Trumpscuse Brigade before we're through.

[Matt Collins]

Let me know when you’ve shrunk government back down to that size. Then, maybe, we can talk.

Exactly this. If the only tax was tariffs because the government was small enough that's all it needed, life would be much better. But it's not and it won't be unfortunately.

[Matt Collins]

Because they are the best form of taxation and promote wealth and improved standards of living along with a balance of power between the rich, the middle class, and the poor.

No, not really, but kind of.


All taxation is destructive, but consumption taxes (tariffs, sales tax) are less destructive and less harmful to the economy than income taxes. Taxes never help the economy, they only hurt. The exception being that some politically connected may benefit from market distortions due to specific taxes. Trade unions may benefit from certain protectionist tariffs for example while consumers suffer.

[Swordsmyth]

Let me know when you’ve shrunk government back down to that size. Then, maybe, we can talk.

Tariffs are an important step towards doing just that, and there's no need to wait.

[Swordsmyth]

According to Trump, the very purpose of his tariffs is to prop up the petrodollar. Doesn't sound like he has the slightest intention of ending the Fed, does it?

The Fed is not required for the Petrodollar, and the petrodollar can easily become the gold dollar.

[PAF]

Tariffs are an important step towards doing just that, and there's no need to wait.

You sound like a commercial... "but wait, there's more!".

So you want me to vote for Trump and show my support for Tariffs [tax] while he adds yet another $4 Trillion right off the get go?

Ron Paul: The Penn Wharton Budget Model, a think tank headquartered at the University of Pennsylvania, recently released a study claiming former President Donald Trump’s economic plans would add about four trillion dollars to the national deficit over ten years while Vice President Kamala Harris’s economic plans would add about two trillion dollars.

If you were serious at all about cutting spending [which you are not], it seems to me that you would support Kamala, since her spending is less than Trump's, and since Trump donated to her not once, but twice.

[Swordsmyth]

You sound like a commercial... "but wait, there's more!".

So you want me to vote for Trump and show my support for Tariffs [tax] while he adds yet another $4 Trillion right off the get go?

Ron Paul: The Penn Wharton Budget Model, a think tank headquartered at the University of Pennsylvania, recently released a study claiming former President Donald Trump’s economic plans would add about four trillion dollars to the national deficit over ten years while Vice President Kamala Harris’s economic plans would add about two trillion dollars.

If you were serious at all about cutting spending [which you are not], it seems to me that you would support Kamala, since Trump donated to her, not once, but twice.

That study is garbage.

[PAF]

That study is garbage.

Everything that I present in the form of facts, data and record is garbage to you.

You would have to present to me actual data for me to believe you. So far, every time that I have asked you for such data, you have either logged immediately off or waited some period of time thinking that I would have forgotten about it.


Joe Biden 2021 – present* $6.66 Trillion 23.42%
Donald Trump 2017 – 2021 $8.18 Trillion 40.43% (one single term)
Barack Obama 2009 – 2017 $8.34 Trillion 69.98% 9 (2 full terms)

[CCTelander]

Everything that I present in the form of facts, data and record is garbage to you.

You would have to present to me actual data for me to believe you. So far, every time that I have asked you for such data, you have either logged immediately off or waited some period of time thinking that I would have forgotten about it.

At best he’ll start quoting from Ian Fletcher’s book about how great tariffs are and how horrible free trade is. What he WON’T tell you is that Fletcher is actually on the board of a group called the Coalition For A Prosperous America, a lobbying group for a bunch of rent seeking corporations and industries seeking to enrich themselves unjustly at the expense of American consumers through tariffs and trade restrictions. Fletcher is nothing but a shill lobbyist and his book is just pro-protectionist propaganda. But you didn’t really expect any better, did you?

[PAF]

At best he’ll start quoting from Ian Fletcher’s book about how great tariffs are and how horrible free trade is. What he WON’T tell you is that Fletcher is actually on the board of a group called the Coalition For A Prosperous America, a lobbying group for a bunch of rent seeking corporations and industries seeking to enrich themselves unjustly at the expense of American consumers through tariffs and trade restrictions. Fletcher is nothing but a shill lobbyist and his book is just pro-protectionist propaganda. But you didn’t really expect any better, did you?

LOL

Well, every time he posts something, whatever that is, it give me an opportunity to set the record straight lol

[Swordsmyth]

Everything that I present in the form of facts, data and record is garbage to you.

You would have to present to me actual data for me to believe you. So far, every time that I have asked you for such data, you have either logged immediately off or waited some period of time thinking that I would have forgotten about it.


Joe Biden 2021 – present* $6.66 Trillion 23.42%
Donald Trump 2017 – 2021 $8.18 Trillion 40.43% (one single term)
Barack Obama 2009 – 2017 $8.34 Trillion 69.98% 9 (2 full terms)

The result of Congress and the globalist covid scam, the same globalists who support free trade.

[Swordsmyth]

At best he’ll start quoting from Ian Fletcher’s book about how great tariffs are and how horrible free trade is. What he WON’T tell you is that Fletcher is actually on the board of a group called the Coalition For A Prosperous America, a lobbying group for a bunch of rent seeking corporations and industries seeking to enrich themselves unjustly at the expense of American consumers through tariffs and trade restrictions. Fletcher is nothing but a shill lobbyist and his book is just pro-protectionist propaganda. But you didn’t really expect any better, did you?

Free Traders are rent seeking globalists who want to crush the working man and native patriotic business owners to enrich themselves and bring on global government.

Every position has winners and losers, you can't point out that people benefit from a position as an argument against it.
With free trade the enemies of liberty and independence get all the benefits, with tariffs the American people, liberty, and independence get most of the benefits.