Like wanting EU to drop VAT for US import sales or forcing EU to buy oil/gas/coal. None of that is happening.

The EU is very slooow to act. It might happen during the next administration but only if thry're convinced it's a good idea. Like the 2% fot NATO which now is insufficient, how about 5%, sonce you have Russia prepared for war and we ain't gonna move a finger.

None of what I said is happening. It's more likely that we spend a trillion on clean energy, in part on china.

Sure. Thr only thing certain with a character like him at the helm is interesting times, so brace yourself.

You mean like he railed against the Canada/Mexico trade deal that he negotiated during his first term?

I feel like you're arguing against something I didn't say. I agree there's a good chance the president will make up new tariffs or fail to negotiate some of the current ones. If that happens then trade deals with Asian allies won't reassure anyone. That's why I'm still preparing for a recession.

> If that happens

How does that help? The steel and auto tariffs are still in place. There are plans on tariffs for other industries. You'll be hit 1 way or another.

You'll definitely be hit one way or another. The question is whether businesses can predict what their tariff hit will look like next year and plan around it, or can't and need to hold onto their cash until they know which investments are or aren't worth it.

The idea would be that different parts of the supply chain would build factories in the US to avoid tariffs. Money collected on tariffs would be redistributed in the form of tax cuts.

The end goal would be 0% corporate and income taxes, funded with high tariffs. Over time the US re-industrializes.

> The idea would be that different parts of the supply chain would build factories in the US to avoid tariffs.

Building a factory is a 3-5 year task, with a decade-long payback time. And at any point, tariffs can be removed, making all that investment futile.

And even then, there's no guarantee that the factory is going to help people. If it's a lights-out facility staffed with robots, then it'll just be producing more expensive goods, with all the profits staying in its owners' pockets.

> Over time the US re-industrializes.

Or just becomes another Argentina.

No such plan has been documented. This is just wishful thinking.

I am giving the steel man of why this may work. Whether it does or not, well, you can play the stock market as well as anyone

You are constructing a fantasy.

> The idea would be that different parts of the supply chain would build factories in the US to avoid tariffs.

Right, because the US doesn't have diamonds, vanilla, coffee beans or the many other things it needs? How do you avoid tariffs like this?

The US still needs fish from the penguins. What's the plan? To tell penguins to stop fishing and come to the US and work in factories?

> The end goal would be 0% corporate and income taxes, funded with high tariffs.

Well you have that right. When there's 0% of the people working no 1 will be paying corporate and income tax. It'll just crash.

> Over time the US re-industrializes.

Like it's gone? You do know the US is the 2nd largest global manufacturer right? That is even today. So do we need to blow that up 1st in order to re-industrialize?

Who would trust the US after this? Why would a company build a factory in a lawless state run by a moron like this who thinks blanket tariffs work and could replace taxes?

No part of your plan will happen.

I don’t get this take. We already negotiated trade agreements. That’s what got ripped up with all this tariff nonsense. Why would anyone expect the US to respect the next negotiation? The damage here was reputational. That can only be repaired with time. It can’t be negotiated.

It's easy for us on the Internet to talk about how untrustworthy the US is and how little a negotiation means. It's a lot harder for trade authorities in a country to tell all their US exporters "hey, the Americans are being obnoxious, so your business is probably going to fail and we're not gonna do much about it". If you asked me to negotiate with the US in this situation, I absolutely would refuse, but that doesn't seem to be what's happening in practice.