Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Latest Breaking News

EarlG

(23,546 posts)

7. As I heard pointed out last night

Reply to BumRushDaShow (Original post)

Sat Feb 21, 2026, 12:01 PM

16 hrs ago

Trumps previous rationale for using tariffs was that it would give him leverage to use against other countries to create better trade agreements. But since these new tariffs expire after 150 days, they can’t be used in that way. So this is basically just a 15% tax hike on Americans.

Edit history

Please sign in to view edit histories.

Recommendations

16 members have recommended this reply (displayed in chronological order):

BumRushDaShow Bayard chowder66 virgdem dalton99a Drum susanr516 moniss femmedem KPN joshdawg CosmicSloth Pluvious watertiger generalbetrayus SunSeeker

20 replies

= new reply since forum marked as read

Highlight:

Trump to hike global tariffs to 15% from 10%, 'effective immediately' [View all] BumRushDaShow 17 hrs ago OP

Too bad the Casino Stock Market isn't open today mdbl 17 hrs ago #1

Boosting tariffs 50% within 24 hours. no_hypocrisy 17 hrs ago #2

NOBODY wants or will do business with or in the US because Dawg knows what the Mad King will do tomorrow n/t Cheezoholic 17 hrs ago #3

Looks like Trump decided to ignore the SC ruling. sop 17 hrs ago #4

he did not. drray23 17 hrs ago #5

What requirements has he not met? It sounds like we're stuck with them for at least 150 days. SunSeeker 15 hrs ago #11

Its supposed to be used to correct large trade imbalances drray23 13 hrs ago #15

But the statute requires the tariff to be the same across all countries. SunSeeker 13 hrs ago #17

Still does not work. drray23 13 hrs ago #18

Ah, why didn't you say so! It's not the blanket nature of it, the problem is it doesn't apply to trade deficits! SunSeeker 13 hrs ago #19

This will force Americans to buy products made in the United States that aren't made in the United States. twodogsbarking 17 hrs ago #6

As I heard pointed out last night EarlG 16 hrs ago #7

shithole did say he can destroy the USA..... Lovie777 16 hrs ago #8

President CHAOS strikes again. N/T Jacson6 16 hrs ago #9

He's like a small child who's told he cannot do something ashredux 16 hrs ago #10

He can't stop stealing from us. Nt Hope22 15 hrs ago #12

Don't worry, by Monday he will have reduced them 5,000 percent. generalbetrayus 14 hrs ago #13

Why Trump's Section 122 Tariffs Are Illegal LetMyPeopleVote 14 hrs ago #14

This message was self-deleted by its author drray23 13 hrs ago #16

Reminds me of when The Three Stooges were in a leaking boat and drilled a hole to let the water out. twodogsbarking 13 hrs ago #20