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

Discussion in 'BBS Hangout: Debate & Discussion' started by Carl Herrera, Mar 1, 2018.

  1. Xenon

    Xenon Contributing Member

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    Who names their kid Zippy?
     
  2. Buck Turgidson

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    Not his parents. It's a nickname.
     
  3. NewRoxFan

    NewRoxFan Contributing Member

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  4. Air Langhi

    Air Langhi Contributing Member

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    Your own article tells you that manufacturing has become half of what it was even 20 years ago. Instead the financials and healthcare have grown substantially bigger. Financials don't require a lot of people and healthcare is just taking care of the sick. I don't know if it benefits the economy. Ultimately you have to make stuff people want to buy.
     
  5. WNBA

    WNBA Member

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    US make good weapons and provoke wars everywhere. That's your best industry.
     
    sw847, mdrowe00 and adoo like this.
  6. NewRoxFan

    NewRoxFan Contributing Member

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    I bet you'd be shocked to learn trump isn't even correct in designated china a "currency manipulator"...

     
  7. NewRoxFan

    NewRoxFan Contributing Member

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    If you work in the trump cabinet you are required to repeat his lies no matter how ridiculous... and no matter how ridiculous they make you look...



     
    adoo and dmoneybangbang like this.
  8. dmoneybangbang

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    Not to mention... a GLOBAL trade war is a curious way to handle CHINA...
     
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  9. NewRoxFan

    NewRoxFan Contributing Member

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  10. NewRoxFan

    NewRoxFan Contributing Member

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  11. Buck Turgidson

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    We still "make stuff", opposite to what you said.

    Of course our economy has changed since the heyday of the 50-70's, because...wait for it...the global economy has changed. But that doesn't mean that "China makes everything" and "we make nothing".

    Ultimately we do make "stuff people want to buy".
     
    Nook likes this.
  12. adoo

    adoo Member

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    china gained admission to the International Monetary Fund (IMF) in ~ 2016. members submit
    quarterly data to the IMF for review, to make sure that there is no currency manipulation.
    July 2019 was the most recent data submittal, the review of which indicated that

    all IMF members were deemed to have acted appropriately​
     
  13. rocketsjudoka

    rocketsjudoka Contributing Member
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    Yes. The way to deal with the PRC was multi-laterally through the TPP. That was designed to contain and pressure the Chinese. Instead this Admin. has gone after allies while the PRC has been expanding it's trade with other countries. I noted in another thread that the PRC has outflanked the US.
     
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  14. NewRoxFan

    NewRoxFan Contributing Member

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    Despite what trump says, farmers are getting madder and madder with the trump tariff wars...

     
  15. NewRoxFan

    NewRoxFan Contributing Member

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  16. NewRoxFan

    NewRoxFan Contributing Member

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  17. Deckard

    Deckard Blade Runner
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    Exactly. The way trump "handled" China is the opposite of what he should have done from the get-go. Mr trump has been an unmitigated disaster. I've been astonished at how, over and over again, he's done the opposite of what he should have been doing on a host issues relating to foreign relations, economically and otherwise. trump has, quite incredibly, done things designed to damage our country, damage our allies, our friends, and our reputation around the world. It's really a remarkable performance. It's like one of our worst enemies is whispering in his ear, telling him what to do
     
    #1097 Deckard, Aug 11, 2019
    Last edited: Aug 12, 2019
  18. adoo

    adoo Member

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    A primer in tariffs for the dotard, https://www.cbsnews.com/news/trump-...-4-billion-in-june-alone-business-group-says/,


    U.S. companies, not countries, pay tariffs
    "Americans are already paying record-high tariffs, and the biggest hit to consumers is still to come on September 1,"

    Contrary to what Mr. Trump erroneously and repeatedly states in tweets, companies that import goods and services pay the tariffs to U.S. Customs and Border Protection,

    The proceeds wind up in the U.S. Treasury, and companies either absorb the cost or pass some or all of it to customers. In May, a study from the Federal Reserve found that tariffs in effect could cost the average family $831 a year.

    In July, new tariffs imposed under Trump have added $27.2 billion to the Treasury, with more than 75% of that coming from the taxes that U.S. importers pay on Chinese-made goods

    At the same time, U.S. exports to China fell 19% in July from a year earlier to $10.9 billion; That means U.S. companies are shipping fewer goods to what is still one of the world's fastest-growing markets.

     
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  19. Invisible Fan

    Invisible Fan Contributing Member

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    He ****ed over the coastal elites by wiping hIs ass with the TPP!

    Buahahaha

    America first! America first!

    So who wants my 100% pure American pork?
     
    mdrowe00 and Deckard like this.
  20. NewRoxFan

    NewRoxFan Contributing Member

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    Whoa, who would have thought that tariffs would really hurt the businesses (and then the consumer)??

     

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