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Old 03-02-2018, 01:13 PM
 
9,742 posts, read 4,493,741 times
Reputation: 3981

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And now Wilbur Ross, Trump's secretary of commerce, makes his "crumbs" remark.

Commerce Secretary Wilbur Ross dismisses paying more for cars due to Trump's tariffs as 'no big deal'

 
Old 03-02-2018, 01:14 PM
 
7,447 posts, read 2,832,289 times
Reputation: 4922
Quote:
Originally Posted by vacoder View Post
New report. Trump called for import tariffs because he was pissed off.

https://www.cnbc.com/2018/03/02/trum...-nbc-news.html
Wondering what exactly it is going to take for people to realize that having someone with the personality of a youtube comments section troll as president of an entire country is not a good idea. Of course all the other trolls idolize him, he is trolling on a geopolitical global scale.
 
Old 03-02-2018, 01:15 PM
 
7,447 posts, read 2,832,289 times
Reputation: 4922
Quote:
Originally Posted by vacoder View Post
And now Wilbur Ross, Trump's secretary of commerce, makes his "crumbs" remark.

Commerce Secretary Wilbur Ross dismisses paying more for cars due to Trump's tariffs as 'no big deal'
As if it was just cars - you would have to be a complete idiot to think that is the only thing that will be effected, aluminum + steel touch a massive swath of consumer products, both directly and indirectly. The price will rise on almost everything. Even things that have no steel or aluminum in the device itself are likely tooled at some point or another on machinery that is made from steel and or aluminum.
 
Old 03-02-2018, 01:15 PM
 
Location: Canada
7,680 posts, read 5,526,207 times
Reputation: 8817
Quote:
Originally Posted by workingclasshero View Post
oh please...why are we GIVING AWAY OUR MONEY to China (the number 1 producer of aluminum)..they CHARGE the US an import tariff..yet we are supposed to just smile and LOSE MONEY TO THEM, and not have a tariff??

btw the US is the 8th biggest producer of aluminum, Russia #2, Canada #3, india #4, UAE #5 Australia #6, Norway #7

the IDEA is buy American...pay Americans... screw china
The subject is imports, not production.

Quote:
America imports 90 percent of the aluminum that U.S. companies use to make products as diverse as beer cans and fighter jets.
Quote:
Canada, a close ally, is the top country the United States imports aluminum from by a wide margin. Russia is No. 2 and China is fourth. Trump talks often about wanting to go after China, but the proposed tariff or quota would harm Canada and Europe, too
https://www.washingtonpost.com/news/...uminum-market/
 
Old 03-02-2018, 01:18 PM
 
20,955 posts, read 8,670,317 times
Reputation: 14050
Quote:
Originally Posted by vacoder View Post
New report. Trump called for import tariffs because he was pissed off.

https://www.cnbc.com/2018/03/02/trum...-nbc-news.html
Wag the Dog. It will probably never happen to any degree. But Trumpies consider a statement or even a tariff that doesn't work at all a great accomplishment. That's their nature...they never look further than skin deep.
 
Old 03-02-2018, 01:20 PM
 
Location: Old Mother Idaho
29,218 posts, read 22,357,274 times
Reputation: 23853
Quote:
Originally Posted by workingclasshero View Post
oh please...why are we GIVING AWAY OUR MONEY to China (the number 1 producer of aluminum)..they CHARGE the US an import tariff..yet we are supposed to just smile and LOSE MONEY TO THEM, and not have a tariff??

btw the US is the 8th biggest producer of aluminum, Russia #2, Canada #3, india #4, UAE #5 Australia #6, Norway #7


the IDEA is buy American...pay Americans... screw china
Okey doke. Good luck on depending on #8 to meet our needs. Hope you have lots of the stuff on hand. Once tariff starts, it always spreads and comes back double on the country that started it.

Don't expect our pals to stay our pals. Won't happen in a competitive free-trade world.

The tarriff is a 19th century practice that became obsolete as soon as WWI began.

If you want to screw China, don't screw us two times to do it.
 
Old 03-02-2018, 01:22 PM
 
16,376 posts, read 22,481,067 times
Reputation: 14398
The US Bourbon industry exports over $1 billion/year of bourbon to other countries. The EU is threatening a 25% tariff on US Bourbon imported into the EU. I wonder how many layoffs will occur in the US Bourbon industry because people in the EU stop buying the Bourbon due to the price increases related to the Trump Trade War. Kentucky will be hurt the most.

https://en.wikipedia.org/wiki/Bourbon_whiskey

http://kybourbon.com/wp-content/uplo...2017-Final.pdf
 
Old 03-02-2018, 01:22 PM
 
20,955 posts, read 8,670,317 times
Reputation: 14050
Quote:
Originally Posted by LINative View Post

I do not know if people realize it but for half this country's history, one of the main source of revenue for the Federal government was a TRADE TARIFF, which is a tax on those who import instead of produce domestically. But today that has been replaced by the INCOME TAX. Somehow Big Money has been able to get the taxes off the big importers, both foreign and domestic corporations, and onto to directly the American people themselves. The history of that is pretty complicated but amazes me that people are still breathing the "free trade" propaganda and not thinking for themselves.
Well - you know the definition of propaganda - something that contains truth but doesn't tell the full story!

Did they have interstates back then? Moon shots? Flu vaccines? The Internet? GPS?

Fact is, our population demands somewhat of a modern civilization and that costs a bundle. Comparing it to 100's of years ago is quite silly.

Now - if you want to talk about a VAT that affects everyone equally (at all levels), then that's a decent solution to a lot of problems...helps keep income taxes lower, can help with health care, etc.

But no one of right mind thinks we are going to make 100's of Billions or Trillions from these tariffs and those are the kind of numbers you would need to move the needle (the needle you are getting at).
 
Old 03-02-2018, 01:23 PM
 
Location: Long Island
32,816 posts, read 19,478,139 times
Reputation: 9618
Quote:
Originally Posted by cdnirene View Post
The subject is imports, not production.


America imports 90 percent of the aluminum that U.S. companies use to make products as diverse as beer cans and fighter jets.


https://www.washingtonpost.com/news/...uminum-market/
being the 8th largest PRODUCER of aluminum..why would we import 90%.....doesn't pass the common sense test
 
Old 03-02-2018, 01:26 PM
 
Location: Long Island
32,816 posts, read 19,478,139 times
Reputation: 9618
Quote:
Originally Posted by banjomike View Post
Okey doke. Good luck on depending on #8 to meet our needs. Hope you have lots of the stuff on hand. Once tariff starts, it always spreads and comes back double on the country that started it.

Don't expect our pals to stay our pals. Won't happen in a competitive free-trade world.

The tarriff is a 19th century practice that became obsolete as soon as WWI began.

If you want to screw China, don't screw us two times to do it.
we had tariffs until the 70s-80s-90s when the globalist liberals eliminated them..... and when did Americas king of manufacturing go down..with the loss of tarrifs, and jobs to overseas


liberals never use their brains
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