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25% on Steel
10% on Aluminum

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Another Promise fulfilled. Now which liberals will claim the sky is falling.

Originally posted by Blindside12
Another Promise fulfilled. Now which liberals will claim the sky is falling.

Which means leftists will be whining over it. Can't wait.

So the stock markets have already taken a dip based on this announcement. No wonder, because tariffs invariably spark retaliations which damage growth for all involved, and cause disruptions to supply chains and international commerce. And if Obama's tire tariff is anything to go by, these tariffs will end up costing more jobs than they save. So a stupid decision all around, basically.

Originally posted by lazybones
So the stock markets have already taken a dip based on this announcement. No wonder, because tariffs invariably spark retaliations which damage growth for all involved, and cause disruptions to supply chains and international commerce. And if Obama's tire tariff is anything to go by, these tariffs will end up costing more jobs than they save. So a stupid decision all around, basically.

Indeed, and of course other countries don't impose tariffs so it's wrong for us to do what nobody else does.

Originally posted by lazybones
So the stock markets have already taken a dip based on this announcement. No wonder, because tariffs invariably spark retaliations which damage growth for all involved, and cause disruptions to supply chains and international commerce. And if Obama's tire tariff is anything to go by, these tariffs will end up costing more jobs than they save. So a stupid decision all around, basically.

They havent actually gone into effect.

Originally posted by Surtur
Indeed, and of course other countries don't impose tariffs so it's wrong for us to do what nobody else does. It doesn't matter what other countries do. Their actions don't change the fact that tariffs are bad policy that only serve to freeze up global trade.

Really, the only use for tariffs is as leverage in negotiations to open up markets, and no-one should be under the illusion that it is actually a good thing to have them. The long term goal should be to eliminate such barriers, if possible.

Originally posted by Blindside12
They havent actually gone into effect. I'm aware. But they will soon go into effect, and the markets and global community are reacting with great concern because tariffs are stupid and make everyone poorer.

Who knows really, might be scare tactics to get people to knock it off.

Originally posted by Surtur
Which means leftists will be whining over it. Can't wait.

Actually, his own base is whining over it. Do you want a redo? Lolz.

Originally posted by lazybones
So the stock markets have already taken a dip based on this announcement. No wonder, because tariffs invariably spark retaliations which damage growth for all involved, and cause disruptions to supply chains and international commerce. And if Obama's tire tariff is anything to go by, these tariffs will end up costing more jobs than they save. So a stupid decision all around, basically.

Yahtzee

Originally posted by Robtard
Actually, his own base is whining over it. Do you want a redo? Lolz.

Got sources for that?

Originally posted by Blindside12
Got sources for that?

Of course I do:

GOP senators blast Trump's tariffs announcement

Trump announces steel and aluminum tariffs Thursday over objections from advisers and Republicans

GOP lawmakers push back on Trump's call for steel, aluminum tariffs

Pick your flavour



Surt, I give you permission for the redo YW

Gotcha so no sources that "Trumps base" is upset.

Now I give you permission for a redo

Originally posted by Blindside12
Gotcha so no sources that "Trumps base" is upset.

Now I give you permission for a redo

So you're going to ignore the three links I just posted. Okay then.

Sorry Buddy, Ben Sasse isnt "Trumps base"(Your Words). Do you want to apologize for being being misleading?

The winning machine keeps on winning

Originally posted by Kurk
The winning machine keeps on winning

Rob Tried to pass off Ben Sasse as "Trumps base", failed horribly. Instead of admitted he was wrong or was misleading he did his usual trolling.

Originally posted by Blindside12
Sorry Buddy, Ben Sasse isnt "Trumps base"(Your Words). Do you want to apologize for being being misleading?

Because he was the only one. You're ridiculous in your Trumping, comrade.

Originally posted by Robtard
Actually, his own base is whining over it. Do you want a redo? Lolz.

Never said only leftists would whine, want a redo?

Originally posted by Robtard
Because he was the only one. You're ridiculous in your Trumping, comrade.

Two GOP lawmakers (one who is always critical of Trump) are not "Trumps base" comrade bernie bro.

Because it was only two. You're ridiculous in your Trumping, comrade.

Anyhow, this failure should go in the Trump thread. No need to make a new thread every time Trump says or plans to do something stupid, imagine the cluster.

Show it was "Trumps base," comrade bernie bro

Originally posted by Robtard
Because it was only two. You're ridiculous in your Trumping, comrade.

Anyhow, this failure should go in the Trump thread. No need to make a new thread every time Trump says or plans to do something stupid, imagine the cluster.

Hey bern bro, how many people would you estimate make up Trumps base?

Ben Sasse was the most critical calling it a "leftist administration" Dont see why leftists think thats a bad thing.

Sen Lee said "huge job-killing tax hike."

Sen Cornen "My reaction is I'm going to study exactly what the President did,"

Sen. Pat Roberts "They've already done this on washing machines and solar panels and the sorghum producer, one of the rare crops where we were making a profit, got targeted by China"

This is "Trumps Base" apparently.

Originally posted by Blindside12
Ben Sasse was the most critical calling it a "leftist administration" Dont see why leftists think thats a bad thing.

Sen Lee said "huge job-killing tax hike."

Sen Cornen "My reaction is I'm going to study exactly what the President did,"

Sen. Pat Roberts "They've already done this on washing machines and solar panels and the sorghum producer, one of the rare crops where we were making a profit, got targeted by China"

This is "Trumps Base" apparently.

Now him beating Hilary is even more impressive considering he did it only with a base of like 4 people.

Originally posted by Robtard
Actually, his own base is whining over it. Do you want a redo? Lolz.

Just so we are clear, this is what Rob actually said

"Trump base is whining over it"

Originally posted by Blindside12
Just so we are clear, this is what Rob actually said

"Trump base is whining over it"

He was excited thinking he had a "gotcha" here.

Yeah I'm seriously not a fan of this. I don't like protectionist policy, I'm more of a free trade kinda guy, and Trump doesn't understand how trade works.

This is retarded, and I'm not gonna suck Trump's dick on this just cuz "**** the left"

Originally posted by Blindside12
Who knows really, might be scare tactics to get people to knock it off. Well sure, getting countries like China and India to open up their markets would be highly beneficial for the US. However, if Trump wanted to get those countries to play fair, then he should have just kept the TPP which would have given the US great leverage as leader of a massive trading bloc, and also eliminated about 18,000 tariffs on American goods with members of the pact. The fact that the Trump administration left the deal so abruptly makes me doubt that they think in the long term when it comes to trade policy, and this tariff-centered approach risks a trade war without guaranteed results that other countries will clean up their act.

Of course, I would be happy to be proven wrong here, but I'm not exactly optimistic that these tariffs were some sort of 4D chess for greater free trade, considering the Trump administration's previous signals on the subject. In that case, they're just an unnecessary burden on American consumers, and strain foreign relations.

Originally posted by Emperordmb
Yeah I'm seriously not a fan of this. I don't like protectionist policy, I'm more of a free trade kinda guy, and Trump doesn't understand how trade works.

This is retarded, and I'm not gonna suck Trump's dick on this just cuz "**** the left"

Colour me impressed, DMB


-


Surt, see DMB's spot-on points above; that's your cue to now be against this Trump blunder.

When Goldman Sachs is being cited by the New York Times as an opponent, it's hard to side against it.

Tariffs may very well be bad for the general public, but I doubt anyone chiming in is talking about us. No, they only care about the 1%..

Originally posted by Robtard
Colour me impressed, DMB


-


Surt, see DMB's spot-on points above; that's your cue to now be against this Trump blunder.

Now your just keking off to DMB

I'm sure someone will look into where Trump sources steel for his construction projects.

Originally posted by Emperordmb
Yeah I'm seriously not a fan of this. I don't like protectionist policy, I'm more of a free trade kinda guy, and Trump doesn't understand how trade works.

This is retarded, and I'm not gonna suck Trump's dick on this just cuz "**** the left"

I used to be a free trade guy.

Then I realized what we have isn't free trade. It's a gestalt made out of corporatism, regulatory capture, and old fashioned corruption.

From that point of view, anything that gets those assholes complaining is fine with me. Tariff the crap out of them.


The general public is going to suffer anyways, as we always have, so make them eat it for a change.

For those interested in a similar situation

https://www.politico.eu/article/opinion-china-steel-trade-no-winners-in-europe-war-against-chinese-steel-market-anti-dumping-imports/

Originally posted by cdtm
I used to be a free trade guy.

Then I realized what we have isn't free trade. It's a gestalt made out of corporatism, regulatory capture, and old fashioned corruption.

From that point of view, anything that gets those assholes complaining is fine with me. Tariff the crap out of them.


The general public is going to suffer anyways, as we always have, so make them eat it for a change. Except they won't 'eat it'. The costs will just be passed onto the consumers. And tariffs are a form of corporatism as they protect uncompetitive industries from competition and insulate them from the need to change. So some of those 'assholes' will suffer, but another group of assholes will be benefiting, at the expense of the ordinary consumer.

ITT: is Trump playing 4d chess or just being a moron? The eternal question.

Originally posted by lazybones
Except they won't 'eat it'. The costs will just be passed onto the consumers. And tariffs are a form of corporatism as they protect uncompetitive industries from competition and insulate them from the need to change. So some of those 'assholes' will suffer, but another group of assholes will be benefiting, at the expense of the ordinary consumer.

Maybe.

I wouldn't call making shoes in Chinese sweatshops where labor is cheap and human rights laws lax as "competition", though. That's exploitation.

It's also a fact many companies lie about their overhead, and hoard a lot of money (Even after cutting their checks.)

Honestly, I'd be all about free trade if it meant what Rand said it did.. But it doesn't. Our version means businesses exist strictly to make their investors rich. The courts enforce this. If every business in America could cut 100% of their labor costs, they would, and would pretty much have to.

Imports, off shoring, exploitation overseas are all part that...

It's a mess, and I sure can't even begin to address it.. I'm also not really a "burn it all down" socialist. I just know enough to see the "social Darwinist" and "Commie pinko's" are talking into the wind, and big business does what big business does. Which is fleece and hoard, exploit and capture crony politicians and regulatory agencies.. Nickle and dime, any way you could, at any expense.



So yeah, you're probably right. In the end, there's only so far they can pass costs onto us, before no one can afford to pay for it, and then they won't be profiting off us anyways..

Originally posted by Emperordmb
Yeah I'm seriously not a fan of this. I don't like protectionist policy, I'm more of a free trade kinda guy, and Trump doesn't understand how trade works.

This is retarded, and I'm not gonna suck Trump's dick on this just cuz "**** the left"

Peter Naravo is the guy who wants this to happen. He might know more then liberals about trade.

Infact Bernie was for this same thing.

Trump is providing Canada and Mexico provisional exemptions on the tariffs.

dp

Originally posted by jaden101
I'm sure someone will look into where Trump sources steel for his construction projects.

Is it still 'CHI-I-naa'?

Originally posted by lazybones
Except they won't 'eat it'. The costs will just be passed onto the consumers. And tariffs are a form of corporatism as they protect uncompetitive industries from competition and insulate them from the need to change. So some of those 'assholes' will suffer, but another group of assholes will be benefiting, at the expense of the ordinary consumer.
Exactly, while the 1/5 of a cent increase in the cost of a can of soup won't matter, the cost of something like a car which consist of more than just a few ounces of steel will to the average person.

Originally posted by Robtard
Is it still 'CHI-I-naa'?

Is it still 57 states?

http://crooksandliars.com/files/primary_image/17/08/trump_confused.png

Im guessing you forgot Obama said that

No, I recall that o-stumble. It's just odd that you'd reply with that to my comment in how Trump pronounces "China".

Interesting how Trump flipped the democrats/republicans on free trade.

Originally posted by Robtard
No, I recall that o-stumble. It's just odd that you'd reply with that to my comment in how Trump pronounces "China".

Fun is fun right?

Originally posted by Surtur
Indeed, and of course other countries don't impose tariffs so it's wrong for us to do what nobody else does. Surt: We should pass bad policy if other countries do it!