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I think this went over a few folks head.Talcum X strikes again.
It did mine.....I think.I think this went over a few folks head.
LOLWho is the writer of the article trying too hard to look like?
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It went over my head. Explain man lolI think this went over a few folks head.
oh ok lolSome people say Shaun King, aka Talcum Powder X, is a strong advocate of cloning and time travel.
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That would be 10% even before hitting our stores, now imagine that 10% and then you have the store mark up so they can recoup their cost and then paying federal, state, local, and other taxes after that.Trump vows massive new tariffs if elected, risking global economic war
Even in the face of growing personal legal peril, Donald Trump summoned his top economic advisers to his private golf club in New Jersey for a two-hour dinner last Wednesday night to map out a trade-focused economic plan for his presidential bid.
Trump and top aides, including former senior White House officials Larry Kudlow and Brooke Rollins, as well as outside advisers Stephen Moore and former House speaker Newt Gingrich, spent the dinner discussing how Trump could attack President Biden in the 2024 election on the economy, amid a recent spate of positive economic news that has buoyed Biden’s fortunes, according to three people familiar with the meeting, who spoke on the condition of anonymity to describe the private event.
Among the ideas they discussed was Trump’s plan to enact a “universal baseline tariff” on virtually all imports to the United States, the people said. This idea, which Trump has taken to describing as the creation of a “ring around the U.S. economy,” could represent a massive escalation of global economic chaos, surpassing the international trade discord that marked much of his first administration. Trump advisers have for months discussed various potential levels to set the tariff rate, and they said the plan remains a work in progress with major questions left unresolved, the people said.
On Fox Business on Thursday, the former president called for setting this tariff at 10 percent “automatically” for all countries, a move that experts warn could lead to higher prices for consumers throughout the economy and could likely lead to a global trade war.
“I think we should have a ring around the collar” of the U.S. economy, Trump said in an interview with Kudlow on Fox Business on Thursday. “When companies come in and they dump their products in the United States, they should pay, automatically, let’s say a 10 percent tax … I do like the 10 percent for everybody.”
That would be 10% even before hitting our stores, now imagine that 10% and then you have the store mark up so they can recoup their cost and then paying federal, state, local, and other taxes after that.
I'm guessing they think companies importing their goods would lower their prices if or when U.S. consumers stopped buying, but I see that backfiring. They would just take their business elsewhere.