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'We Currently Have No Container Ships,' Seattle Port Says

(www.newsweek.com)
232 points pseudolus | 2 comments | 10 May 25 15:49 UTC | HN request time: 0.001s | source
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banku_brougham ◴[10 May 25 20:14 UTC] No.43948598[source]▶
Huge amount of discussion in this thread neglects the idea that a massive increase in tariffs will throttle trade shipments. Its the obvious expected effect.
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roxolotl ◴[10 May 25 21:11 UTC] No.43949034[source]▶
Again further stating the obvious here but this is the _desired_ effect. Not saying if that’s good one way or the other but it’s clear the goal is to reduce inbound volume from the world.
replies(3): >>43949676 #>>43949818 #>>43949951 #
ipaddr ◴[10 May 25 22:53 UTC] No.43949676[source]▶
Maybe, but no trade means no new money from tariffs and the plan was to confuse the market get massive short term windfall while slowly onshoring those jobs replacing that income through corporate/income tax.

Now we have no trade and a drop in demand for US currency.

replies(1): >>43949914 #
satanfirst ◴[10 May 25 23:35 UTC] No.43949914[source]▶
> Now we have no trade and a drop in demand for US currency.

Trade hasn't been this fair to the US since before WWII.

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1. ipaddr ◴[10 May 25 23:45 UTC] No.43949985[source]▶
That's the period before the US dollar was the world's reserved currency. If things go back to that point it will mean the US couldn't afford to borrow at low rates anymore and would lower the ability to fund the military / society. Before the war the unemployment rate was 25% in the US.
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2. greenie_beans ◴[11 May 25 01:03 UTC] No.43950356[source]▶
i think that was their point, sarcastically
replies(1): >>43977240 #