Sure, No One Likes The Tariffs, But... Look What's Happened Since.

volsrocks

Verified User
Have you taken a look around today at what's going on? Things are going rather well, economically-speaking.

Sure, the stock market didn't like the uncertainty of the impact of tariffs at all, tanking for the better part of a month. But if one just ganders at the economic development and investment committed to begin in the United States due to the threat of tariffs, it's staggering when you start looking at all the zeros after the crooked numbers. There are going to be trillions of dollars flowing into America...trillions that would have remained working against American workers and taxpayers had the election gone a different direction last November.

Here's just an overview.

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Just focusing in one some of the more recent ones, Hyundai isn't just going to build cars here, Louisiana is going to be a steel state.



South Korean conglomerate Hyundai will announce a $20 billion investment in U.S. onshoring that includes a $5 billion steel plant in Louisiana, according to people familiar with the plans.

The plant is set to hire roughly 1,500 employees and will produce next-generation steel that will be used by Hyundai’s two U.S. auto plants to manufacture electric vehicles. The investment is expected to be announced Monday at the White House by President Donald Trump, Hyundai Chairman Euisun Chung and Louisiana Gov. Jeff Landry.

Hyundai’s announcement comes as major international conglomerates are racing to dodge tariffs and avoid a trade war ahead of Trump’s April 2 tariff deadline. Taiwan Semiconductor Manufacturing Co. and Japan’s SoftBank are among the major foreign players that have visited the White House in the last two months to announce big U.S. onshoring plans.


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The United Arab Emirates, perhaps the most U.S.-friendly Arab state in the Middle East, is set to jump into America big time - to the tune of $1.4 trillion dollars.

There is now a price tag on the deluge of deals the United Arab Emirates plans in the US.

The UAE has committed $1.4 trillion over the next decade to “substantially increase… existing investments” in artificial-intelligence infrastructure, semiconductors, energy, and manufacturing, according to a White House statement. The agreement follows UAE National Security Advisor Sheikh Tahnoon bin Zayed’s visit to Washington, where he met with President Donald Trump and top US officials...
Tariffs may be a bludgeon, and the President may cause short-term instability with them, but if you look at the net effect they've had on world investment for the medium and long-term, it's pretty conclusive that the economy is rapidly shifting to a position of dominance for the foreseeable future.

Do you remember how high the price of oil got during the Biden administration? In June of 2022, West Texas intermediate crude hit $114.84 dollars a barrel. Do you remember how crazy expensive everything got in 2022 and 2023 because of increased production and shipping costs of virtually every consumable thing there is? Most of what we consume had to be shipped, transferred to rail, then trucked to the place where you purchased it. Every step along the way required oil.

Today, oil is back under $70, and it's no accident. The Trump effect is especially being felt in that sector.

In 31 states, gas prices have fallen for the past few weeks. In Florida, gasoline has retreated to under $3 for the first time in over a year.








 
Since? They just started.

This thread's what they call a hot take. Reminds me of "Mission Accomplished" a few months into the Iraq War.
 
You beat me to it Vols, for I was about to post the same thing of all these nations and companies coming to the U.S.
to get their companies booming in the U.S.A. thanks to Trump the businessman with the art of the deal. Over $4
trillion in foreign investments is more than any liberal can contemplate.
 
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