Pay particular attention to the names mentioned.
If fire departments are smart, and responsible to taxpayers and their money, they’ll be ahead of the game with paying Trump’s retarded tariffs while still paying less for equipment from China, and having readily accessible parts available to keep their equipment in proper working order.
OABTW, Reagan was spot on.
(1)Nuh Uh.
(1)(0)Nuh Uh.(6)Why Tariffs Matter More Than You Think
Big picture, long term.
Imagine you’re running a small fishing business. You’ve got nets, boats, a crew, and years of know-how passed down through generations. Then one day, imported fish starts showing up in your market — dirt cheap. Tastes okay. Looks the same. Your customers love the price. You can’t compete, so you cut costs. Maybe lay off a few folks. Eventually, you hang it up.
Now what?
Let’s zoom out. This isn’t just about fish — it’s about everything we make. Microchips, textiles, tools, technology, even baby formula. When goods from overseas flood the market at prices lower than domestic producers can match, it feels like a win for the consumer… at first.
But over time, we risk forgetting how to fish.
Wait — Isn’t That What Antitrust Law is For?
(6)Nuh Uh.(0)First Fallout From The Midterm Elections
The automobile assembly and automotive parts supplier sectors have been key to Michigan’s recovery from the Great Recession, and the increased tax revenues collected by Michigan’s many units of government. These sectors have been riding a wave of expansion – and hiring – in Michigan since President Trump announced his intentions to impose higher tariffs on European vehicles and parts on May 23rd.
Although these tariffs were proposed under national security statutes, Trump clearly intended to retaliate against the 10% tariff the EU imposes on all American-built vehicles and parts. The U.S. currently imposes 2.5% maximum tariffs on European cars, trucks, and parts. so European made vehicles and parts enjoy a 7.5% advantage over American vehicles and parts in direct trade.
It now appears that the Trump Administration is going to delay or abandon these proposed tariffs. A Bloomberg article posted last night reports on a meeting held at the White House Tuesday which put off automotive tariffs for the foreseeable future. A draft report on U.S. – European trade was sent back to the Commerce Department for reconsideration, a polite way of killing it. That report must be issued before any tariffs can take effect.
The November 6th election outcome just killed that.
(11)Nuh Uh.(0)
