Trump to impose tariff on steel and aluminium, geaux Trump!

Only in a southpark movie would it have seemed possible.

Maybe 45 can next move on apple pie and baseball. What do we get out of them, anyway?

 

Damn you Canada



You are already our b****es.

 

Trade war could wipe out gains of GOP tax law, former top Trump economic adviser says

https://www.washingtonpost.com/news...olitics__alert-politics--alert-economy&wpmk=1

 

Sanders supporters who hate Trump’s tariffs and renegotiations are like people who love the ACA but hate Obamacare.

 

Why does trump hate American farmers?

 

I guess all those trump voters that happen to be in agriculture are questioning that vote...

 

When the president is illiterate, bad things can happen...

 

3 days ago, The United States announced a 25% tariff on $50 billion of Chinese exports' The US penalty is designed to punish China for stealing American technology and trade secrets. It will apply to roughly 1,100 exports and will target the Chinese aerospace, robotics, manufacturing and auto industries.

China retaliated promptly, announcing higher tariffs on farm imports from the US

Iowa soybean farmers could lose up to $624,000,000 as a result of the tariffs,
an economist at Iowa State University told The Des Moines Register.

the value-added applicable of these export to China is ~~~80% US
​

btw, the value added applicable to Chinese exports to the US---aerospace, robotics, manufacturing and auto industries---is < 33-40% China

take for eg, the iphone, for each unit,

economic data show China exporting $550 of goods to the US; but the devil is in the details,

the value-added for China is ~~ $30-40; ~ $450 for Samsung and Apple combined, $50-60 for other nations.
​

if ur gonna make China feel the economic pain, hit it when it hurts the most, the textile products, where valued-added for China is > 70%;
it's less than 40% for aerospace, robotics, manufacturing and auto .(Chinese) exports to the US

the math---considering the "value-added" component---shows that the US will feel the pain much quicker https://www.cnbc.com/2018/06/15/why-china-holds-all-the-aces-in-a-full-blown-us-china-trade-war.html

Trump has been ill-served by his so-called "trade war" advisers, who are ignorant on the "value-added" aspect of international trade

 

BAE is small potato, as compared to behemoths such as Boeing, Lockheed and Northrop,
all of whom, thus far, have been spineless to call out the dotard's ill-conceived trade war

 

Can we get this guy to comment?

 

His base doesn't care remember? Let's see how the 2018 election goes, if GOP is still in control in both the house and the senate, then it just means as a country we love what the Trump administration is doing, He have made America truly great again!

 

Indeed, he will have... been best.

 

Remember the time when trump was so happy he helped Harley-Davidson ... yea, those were good times... but I thought trade wars were easy?

 

And other companies will follow...