Trump wants to impose a 33% tariff on US company imports (Barack Obama, Michigan)
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As is always the case with Trump's shallow populism, the pesky facts get in the way once you dig beneath the bumpersticker slogans. He says "Kill NAFTA, it's been a disaster!" Except what he either doesn't know or deliberately hides is the fact that 5 million American jobs are directly tied to the free export of goods to Mexico and Canada. NAFTA is free trade, both ways. And as Mexico's economy continues to improve, they continue to import and buy goods and services from the USA.
Go ahead Trump, put up a big tariff and kill NAFTA: do it and you put 5 million Americans out of work.
If the result is +10 million good paying jobs, than Trump will be an American hero.
Trump has said it is what he will do, and you said Obama proposed the same thing. I did not recall such proposal from Obama, and now I know why. It never happened.
What I read was they both would have went after a business that moved jobs to another country. Neither proposed blanket tariffs or anything.
Anybody has an idea why he tweets this at 4 am in weekend?
I think he was having a fit over SNL and couldn't sleep. He went on a twitter storm against SNL earlier in the night. Ironically, the SNL skit was over Trump tweeting indiscriminately.
Funny how it's the same people who are against the minimum wage who support this proposal.
Bunch of frauds.
Its hilarious. This policy will cause all companies to bail out of America and become foreign companies so they can export to the US from abroad and it will cause inflation to skyrocket of course. These same people are sooooo worried about inflation from $15 minimum wage. What a joke.
Its hilarious. This policy will cause all companies to bail out of America and become foreign companies so they can export to the US from abroad and it will cause inflation to skyrocket of course. These same people are sooooo worried about inflation from $15 minimum wage. What a joke.
The good thing is that Congress would have to write the laws, and they are unlikely to start a trade war. Good thing we have a 3 branch government.
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