Elon Musk Criticizes Trump's Administration On Tariffs - Foreign Affairs (4) - Nairaland
Nairaland Forum › Nairaland General › Politics › Foreign Affairs › Elon Musk Criticizes Trump's Administration On Tariffs (25220 Views)
| Re: Elon Musk Criticizes Trump's Administration On Tariffs by Feldie: 9:01am On Apr 07, 2025 |
givedemwotowoto:but he lied. They calculated trade deficit and claimed it was tarriff |
| Re: Elon Musk Criticizes Trump's Administration On Tariffs by Dhoneymix: 9:09am On Apr 07, 2025 |
My nigger wan safeguard him business |
| Re: Elon Musk Criticizes Trump's Administration On Tariffs by Feldie: 9:16am On Apr 07, 2025 |
JuanDeDios:I actually think people should ignore Trump. He's going to destroy America, let him do it. By the time he's done they'll never choose racism and hatred over competence again. They only voted for him because kamala wasn't a white man. Let them enjoy their white man |
| Re: Elon Musk Criticizes Trump's Administration On Tariffs by Amayabor1: 9:31am On Apr 07, 2025 |
DaddyCoool:You are changing lanes. Your initial comment showed that you think the US doesn't charge tarrifs on imports from other countries. That is not true. It is clear you really don't know how international trade works. There are over 4000 Chinese companies operating in the US. Companies generally likes to go to countries where the cost of production is low. The cost of production is very high in the US. Coupled with the fact that the US has trade regulations, and trade unionism that generally tend to make operating businesses in the US difficult, unlike China. China has a huge market, cheap labour, less trade unionism than in the US and less restrictions on companies about green house effect. For example, it costs apple $30 to make one iphone in China and $300 to make the same iPhone in the US. So why wouldn't apple set up a factory in China to produce phones and sell to the huge Chinese market of over 1 billion people and also export to the US? It's common business sense. Even Elon Musk has a huge factory in China for producing Teslas. Why did he set up a factory in China since he loves the US very much? You think business decisions are based on emotions? Even with these Trump tarrifics, let's see how many companies will return their production back to the US. The CEO of some companies are already saying it will still be cheaper to pay those tarrifics than return production to the US. (After all, it is still American citizens that will pay these tarrifics in terms of higher costs of goods). |
| Re: Elon Musk Criticizes Trump's Administration On Tariffs by Tinubuadvocate: 9:45am On Apr 07, 2025 |
But his country are in recessionsince he assumed office quickly: |
| Re: Elon Musk Criticizes Trump's Administration On Tariffs by ogascomax: 9:45am On Apr 07, 2025 |
Amayabor1:What type of question is this self. I got the tariffs in is dream. The thing just fell on him all of a sudden. |
| Re: Elon Musk Criticizes Trump's Administration On Tariffs by Capernum: 10:25am On Apr 07, 2025 |
Rilwayne001:See ogbeni. No country on earth is self sufficient. There's not going to be a time when a country won't need anything from another country. We should just all be fair to any other country. What is good for the goose is good for the gander. If you place a 50% tarrif on US import, let them place a reciprocal 50% on you too. No lele. It is called mutual reciprocation. If yours is higher then you're a parasite. |
| Re: Elon Musk Criticizes Trump's Administration On Tariffs by Rilwayne001: 10:27am On Apr 07, 2025 |
Capernum:Not when I have to use their currency to buy goods from countries that doesn’t even use their currencies. They should first allow countries trade without relying solely on the dollar, by then we would see if the parasite or bot |
| Re: Elon Musk Criticizes Trump's Administration On Tariffs by Amayabor1: 10:59am On Apr 07, 2025 |
ogascomax:Some of you are really clueless. Lol. For example, Trump told you that Vietnam imposes 90% tarrifics on US goods into Vietnam. 90%? And you believed? Lol. So, I am asking, how did Trump come about the figure that a country like Vietnam charges 90% of tarrifics on imports from the US? Because Vietnam doesn't charge 90% tarrfics on US imports. Do you know what 90% of tarrifics on imports mean? Lol. |
| Re: Elon Musk Criticizes Trump's Administration On Tariffs by DeepSight(m): 11:23am On Apr 07, 2025 |
Goke7:Its an example. Dont shift the goal post. The point is that these tariffs are not reciprocal. They are the exercise of one man's egoistic stupidity. |
| Re: Elon Musk Criticizes Trump's Administration On Tariffs by Offpointng: 11:26am On Apr 07, 2025 |
Capernum:Omo if the tarrif slam go make toks cars get cheaper from the mountainous prices Tinubu has pegged them with his policies, then I support Trump full hand n leg on this ![]() Tho since Nigeria as a country literally import everything, ion think we'll really be affected cuz we don't export much to the US |
| Re: Elon Musk Criticizes Trump's Administration On Tariffs by aswani(m): 11:35am On Apr 07, 2025 |
MadamExcellency:Did you understand what you sent at all? He wants to sell that amount of stock, it doesn't mean he has it or Truth Social is worth that. |
| Re: Elon Musk Criticizes Trump's Administration On Tariffs by gigabyte13: 11:54am On Apr 07, 2025 |
The yawa later affect his businesses overseas Trump sef go feel am E go reach everybody. |
| Re: Elon Musk Criticizes Trump's Administration On Tariffs by alezzy13: 2:09pm On Apr 07, 2025 |
Capernum:Kindly list countries with over 50% tariffs on American imports. |
| Re: Elon Musk Criticizes Trump's Administration On Tariffs by alezzy13: 2:11pm On Apr 07, 2025 |
MadamExcellency:AHH. Yes. I'm sure they both told you so during your last cabinet meeting with them. 🙄 |
| Re: Elon Musk Criticizes Trump's Administration On Tariffs by alezzy13: 2:15pm On Apr 07, 2025 |
Amayabor1:Brilliant. The problem I've noted with MAGA world is most have no idea with a tariff is. |
| Re: Elon Musk Criticizes Trump's Administration On Tariffs by Catapault: 2:37pm On Apr 07, 2025 |
Capernum:IGNORANT NIGERIAN YOUTHS.. THE SO-CALLED LIST OF COUNTRIES TARIFFS TRUMP PRESENTED HAS BEEN WIDELY DEBUNKED AS DECEPTION AND LIES, DUE TO THE CRIMINALLY FLAWED SYSTEM USED TO CALCULATE THE TARIFFS IMPOSED BY THOSE NATIONS, WHICH WILDLY EXAGGERATED THE AMOUNTS. YET YOU BRIGADE OF IGNORANTS IS HERE PEDDLING HIS LIES AND MANIPULATION. |
| Re: Elon Musk Criticizes Trump's Administration On Tariffs by Catapault: 2:43pm On Apr 07, 2025 |
MadamExcellency:MadamExcellentilliteracy, you mean ‘detoxify’? Your Trump derangement syndrome is at all time high.Not even smart enough to use her own words and terminology. Borrowing the phrase beloved of all White MAGA. Stupid air head. Follow follow with no brain. |
| Re: Elon Musk Criticizes Trump's Administration On Tariffs by quickly: 2:43pm On Apr 07, 2025 |
aswani:Forget he is a billionaire his properties alone in manhattan nyc , Chicago downtown and marlago Florida plus luxury apartments everywhere. Plus other hotels. He invested in real estate in heavily in the 80s Most billionaires take advantage of legal loopholes holes not to pay tax because they are entity’s . All they have to do is show significant losses and you can get away with taxable income. Go and watch documentaries on trump you will see that he was a self starter . Someone like a Davido whose father had money buy still able to generate billions for himself. |
| Re: Elon Musk Criticizes Trump's Administration On Tariffs by DaddyCoool(f): 3:58pm On Apr 07, 2025 |
grandstar: JuanDeDios: ADAMUdaCOWBOY: Amayabor1:So I have one question for you folks: HOW COME AMERICA WAS DOING EVEN BETTER WHEN NOTHING WAS MADE IN CHINA??!! Trump lived through those days! He also lived through Covid when there was shortage of ventilators because they were all made in China! It is a question of FAIRER trade. Something is wrong when you go to a country's supermarket and everything on the shelf is made in China!! |
| Re: Elon Musk Criticizes Trump's Administration On Tariffs by aswani(m): 4:28pm On Apr 07, 2025 |
quickly:The same person that cooks the books in order to borrow even more is the billionaire. He has a lot of failed businesses, not one of the ones he started succeeded, every single one that is still standing, his father gave him. Anyway, enjoy your hero. |
| Re: Elon Musk Criticizes Trump's Administration On Tariffs by Amayabor1: 5:05pm On Apr 07, 2025 |
DaddyCoool:Lol. What a question?. So, you want a world where nothing should be made in China? You seem to believe that China is an economic super power because all companies left the US and moved to China. Lol. Trump has really done damage to you people. 😅🤣. Let me inform you; China has the largest indigenous start-ups in the world. Most companies that operate in China are home-grown Chinese companies. Most Chinese exports to the US are from Chinese companies. Few American companies have moved production to China or opened another production in China while still having the head office in US but if you think China's economic rise is solely due to American companies moving to China, then you really don't know what's going on. And maybe you think it is only in America that you find Chinese products. Lol. You find Chinese products everywhere, even in Nigeria. China carried out some reforms, opened up their markets and foreign investors went in; American and European investors. But it also encouraged chinese investors to starts companies and businesses. You have a problem with that? You should be asking the Americans why companies are finding it easier to do business in China than in America. And let me inform you; the economic world order is not cast in stone. It is proposed that in 10 years time, China will surpass the US economically in terms of GDP. Since 2014, China has been the largest economy by PPP. Stop harboring this mentality that everything should be produced in the US. You should direct your question to America and not China. Ask the Americans why they can't produce ventilators. Ask them why almost everything on their supermarket shelf is from China. Did China prevent the US from making ventilators during covid-19? Has China prevented the US from producing anything? Lastly, if Trump think tarrifs is what will make companies move production back to the US he is then he is the greatest joker of the 21st century (I don’t know if he expects Chinese companies to leave their over 1 billion people market and move to the US 🤣😅). China will continue to export to America It's the American people that will pay the tarrifs. Trump is taxing his own people. Go look at any products in Nigeria from China. They are produced by Chinese companies in China and not American companies in China (except for some few products like iphone). Is it those companies you expect to leave China and go produce in the US? Or you think the US is the only country they export to? Na wa for una 🤣🤣 |
| Re: Elon Musk Criticizes Trump's Administration On Tariffs by DaddyCoool(f): 5:30pm On Apr 07, 2025 |
Amayabor1:You did NOT answer the question: HOW COME AMERICA WAS DOING EVEN BETTER WHEN THEIR SHELVES WERE NOT FILLED WITH "MADE IN CHINA", INCLUDING THEIR FLAGS, NATIONAL TEAM JERSIES, AND ALL SPORTS MEMOBILIA??!! Na only China follow come? It is called dumping and has nothing to do with fair trade! |
| Re: Elon Musk Criticizes Trump's Administration On Tariffs by Amayabor1: 5:40pm On Apr 07, 2025 |
DaddyCoool:And who said America was doing better? Lol. What is your definition of "doing better " in this context? And I hope you know China didn't point a gun at US head for them to accept Chinese products? Now that Trump wants the US to start doing better again with tarrifs, let's see how it goes. 😅😅 |
| Re: Elon Musk Criticizes Trump's Administration On Tariffs by grandstar(m): 5:53pm On Apr 07, 2025 |
DaddyCoool:Who told you the US isn't doing great now? Last year, economic growth was 2.8%, inflation was 2.9% and unemployment rate was 4% which basically means full employment. It is Trump that wants people to think the opposite, so he can take the glory when things are "good." Trump messed up during the pandemic. Everyone knew that. The ventilators weren't the problem. His incompetence was. There is nothing wrong when you go to a country's supermarket and everything is from China. If there's a pragmatic reason for it, then it is okay. The why is what counts in economics. China was once a low cost producer due to its huge population, and it started from a low base after the end of Communisk as it was desperately poor. It also build excellent infrastructure which made it a manufacturers paradise. The cheap cost advantage is no longer strong. Wages are quite high now. Many manufacturers are moving to other countries like Vietnam and Indonasia where wages are much lower. In addition, the Chinese economy isn't doing that well again. Economic growth is barely 0.5%. Exports are no longer powering the economy like before. Its investment boom has long blown out. Their ecoinomy is in serious trouble. So, all this sleepness nights about China has achieved nothing. The myth that the US isn't a manufacturing juggernaut is laughable. It has the second largest manufacturing capacity based on value. It can't be the joint venture capital in the world without a manufacturing base. Trump is living in the past. |
| Re: Elon Musk Criticizes Trump's Administration On Tariffs by Amayabor1: 6:02pm On Apr 07, 2025 |
DaddyCoool:I actually answered your question. You want America to start doing better as the time of old right? (Whatever that means). Well, it wouldn't happen by imposing tarrifs on all other countries. And I hope you know tarrifs were imposed on many other countries, not just China? Because your fixation on China is laughable. If Trump felt China is the only country that has been reaping off the US, he should have imposed tarrifs on only China. Companies will not go to the US to start building factories because you imposed tarrifs. These companies will continue to export to America. It is the America people that will pay these tarrifs. I don't know what you people don't get here. The last time the US imposed these kind of tarrifs, they enter into an economic crisis. 🤣😅.
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| Re: Elon Musk Criticizes Trump's Administration On Tariffs by Dreamhans1: 6:09pm On Apr 07, 2025 |
DaddyCoool:You are seeing the threat of china in the world's free trade system |
| Re: Elon Musk Criticizes Trump's Administration On Tariffs by Dreamhans1: 6:10pm On Apr 07, 2025 |
Amayabor1:Uncle you are just a Chinese doll |
| Re: Elon Musk Criticizes Trump's Administration On Tariffs by Dreamhans1: 6:16pm On Apr 07, 2025*. Modified: 6:42pm On Apr 07, 2025 |
grandstar:You ain't talking like strategist, you are seeing from one side of your eyes. You said it isn't bad if when a country supermarket is filled with Chinese goods. Do you even know how dangerous that is? America used to have the biggest ship building capacity, now it's all a shadow of its self When your manufacturing base is long dead and skilled knowhow isn't there anymore, do you know how dangerous that is in terms of war? When your manufacturing base is gone, how do you stay ahead of the curve in developing markets Or you think china using subsides, overcapacity and no backward integration to kill off the world economy doesn't know what's doing. Ask the Europeans about what happened to their solar panels industries Fools like you and rilwayone and others on this forum don't think strategically, but with emotions. If Nigeria can see through china and the west and do away with both. Our cottage industry comes to mind Trump might be doing it wrongly, but something have to done. Fools |
| Re: Elon Musk Criticizes Trump's Administration On Tariffs by grandstar(m): 7:22pm On Apr 07, 2025 |
Dreamhans1:You reducing yourself to insults belittles you. It is usually what the intellectually weak cling to when they have nothing tangible to say. The fact that you think Dullard Trump has something up there says a lot about you. That slowpoke just crashed the stockmarket and is destroying the US economy. You have a poor understanding of economics. If the US wanted to be a juggernaut in ship manufacturing, it could easily go so but it would hurt it. It would be pouring resources into an industry it has little competitive advantage. You keep repeating this myth that US manufacturing is dead. It isn't! It has the seond largest manufacturing capacity in the world. It is far from dead. The combined capacity of the next three after the US don't match its capacity! https://www.safeguardglobal.com/resources/blog/top-10-manufacturing-countries-in-the-world/ Top Manufacturing Countries China – 31.6% Global Manufacturing Output United States – 15.9% Global Manufacturing Output Japan – 6.5% Global Manufacturing Output Germany – 4.8% Global Manufacturing Output India – 2.9% Global Manufacturing Output South Korea – 2.7% Global Manufacturing Output Russia – 1.8% Global Manufacturing Output Italy – 1.8% Global Manufacturing Output Mexico – 1.7% Global Manufacturing Output France – 1.6% Global Manufacturing Output US high labour of $70 versus $40 in Canada and $6 in Mexico is why companies are shifting factories there or import goods from there. There are products the US does quite well in despite its labour cost. This, it focuses on. If Nigeria can see through china and the west and do away with both This is humourou.s Without China, a barrel of crude oil would be $20, and the Naira would $1-N3,500. China could even make Nigeria a manufacturing juggernaut by adding the country to the Belt and Road Initiative. https://www.safeguardglobal.com/resources/blog/top-10-manufacturing-countries-in-the-world/ |
| Re: Elon Musk Criticizes Trump's Administration On Tariffs by Amayabor1: 8:15pm On Apr 07, 2025 |
Dreamhans1:Ode! 😅🤣🤣 Trump is the one crying that the whole world is taking advantage of America. This is just the beginning of more wailing to come. 😅🤣 Even Nigeria is taking advantage of America according to Trump. 😅😅. China will continue to flood the US with Chinese goods. You and Trump will continue wailing till the end of time. 😅 |
| Re: Elon Musk Criticizes Trump's Administration On Tariffs by DaddyCoool(f): 8:26pm On Apr 07, 2025 |
Amayabor1: grandstar: Amayabor1:Of course America was doing better - there was almost full employment of HIGH-PAYING JOBS!!! Not wages driven down by made-in-China and cheap immigrant labor! Of course China didn't point a gun. It was drip, drip, drip, then you wake up one day and everything is made in China! You cited 1933. See the rate just ten years later. High-paying jobs o. Not "made-in-China" jobs that you have to live paycheck to paycheck!
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