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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. Bandwagoner

    Bandwagoner Member

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    The common market is from the 50's. The EEC. The EU was treaty change in the 90's from Maastricht. You don't need a political union to do what you are talking about. Canada could just have regulatory alignment with the USA (FDA por ejemplo) by just passing their own law.
     
  2. NewRoxFan

    NewRoxFan Member

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    trump has been cutting plant safety regulations...

     
  3. NewRoxFan

    NewRoxFan Member

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    More trump lies...

     
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  4. NewRoxFan

    NewRoxFan Member

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  5. conquistador#11

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    it's almost like there is a pattern there.
     
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  6. Bandwagoner

    Bandwagoner Member

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  7. NewRoxFan

    NewRoxFan Member

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  8. NewRoxFan

    NewRoxFan Member

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  9. dmoneybangbang

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    Well back up your statement that the EU only responds to threats. That’s your entire thesis for why the US had to go after it’s allies.

    I would have assumed it would have been easy to follow the issue since I have been trying to get you to move past libertarian EU talking points. What was unclear about post 720 that you decided to flameout on?
     
  10. Bandwagoner

    Bandwagoner Member

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    That's easy. When far left Syriza was elected with the promise to stand up to the EU enforcing economic policy, Greece had the ability to make the ECB default on a loan as it was under greek jurisdiction. This was to be a threat to get the EU to allow them to restructure their debt. They balked, and the ECB shut down their banks.

    also in trade the EU is not an ally. They have currency manipulation just as china does. Germany trading in euros instead of deutsche mark is incredibly helpful to them as exporters and unfair to greece, spain, italy, etc. They are not allowed to devalue.

    Who is not a trade "ally" exactly? The term ally is pointless in trade.
     
  11. dmoneybangbang

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    So because of this internal issue it is to be assumed the EU only knows “threats” when it comes to international issues. Seems like that’s quite the leap.


    And the US lowering interests isn’t manipulating our currency? Taking actions to ensure the USD is the global reserve isn’t manipulating our currency?

    Everyone manipulates their currency. The EU has had sluggish overall growth since the Great Recession, keeping interest rates low is prudent for growth. Although not without monetary consequences.

    Germany has had smart policies, aside from a weak Euro, that Italy, Greek, and Spain did not. This is an internal issue, much like how states like Missisppii and West Virginia are net “takers” of federal revenue.

    No one is a trade ally but partners. The US and EU are trade partners and allies. The steel and aluminum tariffs were based off of “national security” issues. We have tariffs on our allies based off of “security concerns.”
     
  12. Bandwagoner

    Bandwagoner Member

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    Greece is an international partner. The EU is not a federation. Yet.

    But Germany has had negative interest rates. When the dollar is averaged with the PESO you might reach an equivalency. Until then you cannot make one. They have not had smart policies. Their investments have been outside the country, which creates bubbles, increases costs of living in those countries and then crashes. They cannot continue to pay for these things. It is nothing like states, the EU cannot run a deficit therefore it is the reverse of the USA. They have weak political and monetary union and a common currency.
     
  13. adoo

    adoo Member

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    prima facie evidence that u have no idea WTF ur talking about

    to the extent the EU has a much higher tax rates than the US, relatively to the US, they have more economic ammunition to run their economies to overcome budget deficits.

    [​IMG]
     
  14. Deckard

    Deckard Blade Runner
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    Just glanced at the list and the first dozen or so countries with the highest taxes as a share of GDP have very, very high standards of living. That's not "fake news," either. I've been to every one of them, except for Finland. I'll get there eventually.
     
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  15. Bandwagoner

    Bandwagoner Member

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    another poster confused.

    here is what I typed: " the EU cannot run a deficit" he then types the budgets of several nation states with no understanding that the EU is a super state with an entirely different budget.

    The EU cannot have shortfalls on it's multiannual financial framework.
     
  16. Bandwagoner

    Bandwagoner Member

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    I never understand the american left's love (or PRC bots) for the EU. They force austerity on small nations and prevent them from any debt restructure or currency devaluation.
     
  17. dmoneybangbang

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    Right right right...

    But why did enact steel and aluminum tariffs on our allies? You earlier said they only respond to threats, but you haven’t come close to proving that’s their policy. Again the tariffs are based off national security.
     
  18. dmoneybangbang

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    What does that have to do with deflecting why we enact tariffs based on national security?

    I could add, it’s predictable that libertarians/right wingers hate the EU. Maybe these small countries should have taken better care of their finances and they wouldn’t have austerity forced on them?
     
  19. Bandwagoner

    Bandwagoner Member

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    "Proving" is an interesting term. Do you think this is a science? I look at their past and predict their actions.


    Oh, I thought you knew the basics of how the presidential authority is given. Saying it is national security is how the president has this power. Obama said mandate is not a tax, supreme court says it is. Your welcome for that poliSci education.


    I wish we could get someone serious in here.
     
  20. dmoneybangbang

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    And the actions you brought up have been internal and not based on security issues. How does the translate over to international trade? Stop deflecting.

    LOL. Because I was asking about the actual mechanism and not the reasoning...... Intentionally obtuse much?

    Did President Trump just throw a dart at a board and it landed on "use national security to justify tariffs on the EU"? Is that your position?

    Me too. So far all you have given is a bunch of deflections and being intentional obtuse. Let me know when that guy comes around.
     

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