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Old 03-05-2018, 10:54 AM
 
3,065 posts, read 807,474 times
Reputation: 1688

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On another thread, someone just posted the WaPo article that Ryan and Congress are going to try to block this.

https://www.washingtonpost.com/busin...=.43b1ca471a35

Quote:
The tariff decision has not yet been finalized, but that’s expected to happen in the next week or two. The goal of congressional Republicans is to keep that from happening; but if that fails, other options remain on the table, according to a congressional aide who spoke anonymously to discuss the private deliberations.

The Constitution gives Congress the authority over taxation and tariffs, but Congress has delegated trade negotiation and tariff authority to the president over recent decades. Congressional leaders believe that approach has worked well — until now.
Sounds like they are threatening to take King Donny's pen away from him if he can't use it properly.

Now I didn't vote for Trump but do appreciate why many from industrial heartland did for he offered hope. No one was representing that constituency for no argument they had been abandoned by the Democrats.

And fair enough to question the wisdom of the possible free-trade Koolaid. But THIS is not the anecdote but instead it's more Trump delusions of grandeur paired with grandstanding.

No hate here ... but simply do not want an incompetent President.

 
Old 03-05-2018, 11:16 AM
 
Location: On the Great South Bay
7,104 posts, read 9,857,633 times
Reputation: 6407
Quote:
Originally Posted by moneill View Post
Canada is slated to be the most hit by this tariff and folks think it is necessary for national security?

WHAT?

Are you telling me Americans are afraid Canada is plotting some kind of war against the USA -- LOLOLOLOLOLOL
No don't be silly, of course not. Canada is not the real target. That is why they are talking about renegotiating NAFTA. I think some of you have to think outside the box. He is not putting an across the board tariff or a tariff on something like clothes or toys, its on strategic materials like steel and aluminum.

https://en.wikipedia.org/wiki/Strategic_material Strategic Material

Strategic material is any sort of raw material that is important to an individual's or organization's strategic plan and supply chain management. Lack of supply of strategic materials may leave an organization or government vulnerable to disruption of the manufacturing of products which require those materials.[1] It can also refer to a group or department that manages these materials.

In government terms, they are materials, usually raw materials that have a particular strategic significance to a government or nation, often in time of war. Their strategic need is because of their crucial importance for either economic or military purposes. Some materials are relatively simple, but are required in great quantities during wartime. Others are obscure and technically complex. Although not required in large quantities, their irreplaceability and critical need makes them especially valuable. Foodstuffs are not generally classed as strategic materials: although vital, they are treated separately.

For instance, imagine Boeing in future competition with a Chinese aerospace company. Or an American automobile or new energy company in competition with its overseas rivals. They all depend on JIT or lean manufacturing which means that timely deliveries of materials like steel and aluminum are vital to remain international competitive. Now imagine that Boeing depends on those products coming from overseas, including from its main competitor (!), and how the timely flow of those products may be disrupted. Say from the weather or from ship breakdowns. These disruptions might even be true but the end result is the same. It would make Boeing less competitive and less reliable as a manufacturing of planes.

People have to realize this might be for bigger stakes than they think.
 
Old 03-05-2018, 11:21 AM
 
14,617 posts, read 3,867,544 times
Reputation: 10650
Well, it looks like Don the Cons Trade war is lie #2500 or thereabouts. Congress is not into it. The Corporations he loves are not. Most people are not.

So it ain't gonna happen. It's all just entertainment, my friends. Just like his reality show (I hate to break this to you, but that was not real life).
 
Old 03-05-2018, 11:22 AM
 
14,617 posts, read 3,867,544 times
Reputation: 10650
Quote:
Originally Posted by LINative View Post
No don't be silly, of course not. Canada is not the real target.

People have to realize this might be for bigger stakes than they think.
To think Don the Con is playing chess as opposed to checkers (if even that) is your first mistake. He knows not what he does. He is incapable of it.
 
Old 03-05-2018, 11:24 AM
 
Location: Tennessee
23,308 posts, read 17,347,832 times
Reputation: 27222
This is the first time in my lifetime that an American President appears to be protecting the industries of this country. Other countries do this. Why can't we?
 
Old 03-05-2018, 11:26 AM
 
Location: Divided Tribes of America
13,526 posts, read 5,456,582 times
Reputation: 5290
The fatal flaw in neoliberalism is the belief that we can have a global economy without a global government.

There’s no way that American industry can compete with slave-labor nations with no safety or environmental regulations. If we want to keep making stuff in America, we’re going to need a “labor and environmental” tariff to level the playing field. Otherwise we are simply rewarding bad labor and environmental policies abroad.

The fact that the Clintons went along with neoliberalism in the 1990s is remarkable. It was a slap in the face to the American working class. It was a total betrayal of the Party of FDR and the New Deal. There’s a reason why much of the Rust Belt flipped to red in 2016.
 
Old 03-05-2018, 11:27 AM
 
Location: On the Great South Bay
7,104 posts, read 9,857,633 times
Reputation: 6407
Quote:
Originally Posted by craigiri View Post
To think Don the Con is playing chess as opposed to checkers (if even that) is your first mistake. He knows not what he does. He is incapable of it.
Yeah, after all he did not know how to become President.

And of course he has no access to defense or economic advisors.
 
Old 03-05-2018, 11:27 AM
 
Location: Avondale, Chicago
14,403 posts, read 26,164,495 times
Reputation: 9424
Quote:
Originally Posted by Freak80 View Post
The fatal flaw in neoliberalism is the belief that we can have a global economy without a global government.

There’s no way that American industry can compete with slave-labor nations with no safety or environmental regulations. If we want to keep making stuff in America, we’re going to need a “labor and environmental” tariff to level the playing field. Otherwise we are simply rewarded slave labor policies abroad.
[/thread]
 
Old 03-05-2018, 11:29 AM
 
Location: Avondale, Chicago
14,403 posts, read 26,164,495 times
Reputation: 9424
Quote:
Originally Posted by LINative View Post
And of course he has no access to defense or economic advisors.
Oh, he does. One of them is named Carl Icahn, who just happened to dump $30M in steel stocks before Trump announced his cockamamie tariff plan.
 
Old 03-05-2018, 11:30 AM
 
6,971 posts, read 2,581,625 times
Reputation: 2760
Quote:
Originally Posted by Serious Conversation View Post
This is the first time in my lifetime that an American President appears to be protecting the industries of this country. Other countries do this. Why can't we?
We do. It just depends on the industry.
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