Invite ye felawes and frendes desirous in gold to enter the gates of Shrewd'm, for they will thanke ye later.
- Manlobbi
Halls of Shrewd'm / US Policy
No. of Recommendations: 10
Trump drops tariffs on beef, coffee, tropical fruit as pressure builds on consumer prices
WASHINGTON — President Trump signed an executive order Friday to get rid of tariffs on a broad swath of commodities, including beef, coffee and tropical fruits. It's part of a response to pressure from consumers who complain prices are too high.
The move comes after voters in off-year elections earlier this month cited economic concerns as their top issue, resulting in big wins for Democrats in races in Virginia and New Jersey.
Trump slapped tariffs on most countries in April. He and his administration have been long insisted that tariffs don't increase consumer prices, despite economic evidence to the contrary.
Record-high beef prices have been a particular concern, and Trump has said he intended to take action to try to lower them. Trump's tariffs on Brazil, a major beef exporter, have been a factor.
The executive order also removes tariffs on tea, fruit juice, cocoa, spices, bananas, oranges, tomatoes and certain fertilizers. Some of the products covered aren't produced in the United States.
——NPR
No. of Recommendations: 3
On the contary, Velcher--
It takes a wise man (not an idiot) to change his mind based on new information.
On the other hand, idiots like the Democrat Party members will persist in shutting down the government, and other dum ideas, long after their folly should have been very apparent.
Dems are too stupid to know how stupid they are.
No. of Recommendations: 5
President Trump signed an executive order Friday to get rid of tariffs on a broad swath of commodities, including beef, coffee and tropical fruits. It's part of a response to pressure from consumers who complain prices are too high.
And it's not even Taco Tuesday!
Pete
No. of Recommendations: 3
Trump drops tariffs on beef, coffee, tropical fruit as pressure builds on consumer prices
TACO!
Good.
No. of Recommendations: 16
Trump's idiotic tariffs are costing the average American family about $2,500 a year, now he's realizing what economists have known for centuries:
TARIFFS ARE TAXES, and regressive ones at that!
Uh Oh, Taco time!
Who remembers this lie?...
"Very simple word, groceries. Like almost nobody -- you know, who uses the word? I started using the word -- the groceries.
When you buy apples, when you buy bacon, when you buy eggs, they would double and triple the price over a short period of time, and I won an election based on that.
We're going to bring those prices way down." ~Donald Trump
Are we great again yet?
https://www.axios.com/2025/08/01/trump-tariffs-inf...
No. of Recommendations: 1
Hi Banksy,
Stipulating for now that tariffs are just another kind of taxation, don't ProGlibs favor increased taxation?
You assert that tariffs are a "regressive" tax.
I would agree they are a form of consumption tax.
In the European Union,the VAT- value added tax-ranges from 17% to 27% depending upon which country.
VATs are also a form of consumption tax--they are paid by the end user/consumer to the national government.
It would seem tariffs have the advantage as at least it theoretically gives our government some negotiating power in terms of trying to get other countries to reduce their tariffs on the U.S. goods they import.
Since ProGlibs (like yourself) love everything European, do you suggest the U.S. does away with tariffs and impose a VAT?
Why or why not?
