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Will excluding Canada and other countries from the tariffs essentially cause nothing to happen?
We also import a lot of steel from Brazil. The interesting thing about Brazil is, they have a reciprocal tariff policy of, whatever the tariff of a country is, Brazil imposes the exact same tariff on the exact same product.
We also import a lot of steel from Brazil. The interesting thing about Brazil is, they have a reciprocal tariff policy of, whatever the tariff of a country is, Brazil imposes the exact same tariff on the exact same product.
Actually Brazil highly regulates imports. For many many items, if it isn't manufactured there, it can't be easily sold there. Automobiles, IT equipment (of all types), appliances, etc. are all examples.
Actually Brazil highly regulates imports. For many many items, if it isn't manufactured there, it can't be easily sold there. Automobiles, IT equipment (of all types), appliances, etc. are all examples.
Most Americans, including you it seems are totally unaware of the prosperity that is also in Brazil. None of that would have been possible if they had limited themselves to mining resources and farming.
Years ago I spent a very interesting hour watching a group of ultra-orthodox Israelis arguing at Charles de Gaulle about the dozens of suitcases they wanted loaded onto a Air France flight into Tel Aviv without having to pay extra baggage fees. Their opponent was an equally experienced young French woman at the check-in counter whose long pony waved as she repeated ... Non, non, non with her finger waving. Clearly both parties had been through this before, many times and were acting out their assigned roles.
Israeli friends would point to the entire stereo systems that they'd self-imported from Europe, all carefully fitted into suitcases.
Ben Gurion airport personnel, so I was told, considered anything crammed into a suitcase as "exempt" from the then-high protective import duties and closed their eyes to a national pastime.
No, there is not anything anywhere in the US remotely like that.
The worst, most-crime prone neighborhoods in Detroit look like this. East St Louis (which is largely abandoned these days) looks like this. Probably the most decrepit city in the US (that I know of) is Camden, which looks like this.
Do you know what those forests of high-rises in Brazil look like close up? They tend to look like this. And I note I chose a scene in Curitiba, which is one of Brazil's nicest big cities. And it's not bad, I suppose, but it's still pretty dumpy compared to a similar scene in, say, Chicago.
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Most Americans, including you it seems are totally unaware of the prosperity that is also in Brazil. None of that would have been possible if they had limited themselves to mining resources and farming.
I am quite aware there are prosperous areas of Brazil, but at best they tend to be as nice as the middle-class areas of the US. And to infer that Brazil is a preferable place to live, with a preferable economy, compared to the US, is a complete joke.
Last edited by James Bond 007; 03-08-2018 at 03:16 PM..
One must take such speculation with a grain of salt, but I did see an opinion article the other day, in which the author opined that President Trump may well be making this tariff threat in order to ensure that the Republican candidate for the Special Election next week (PA-18) wins. I read it on Kindle, and so do not have a link. No doubt one can find it, if interested.
PA-18 is a 'working man' district, that has been a reliable Republican district. Many in said district would welcome a tariff on steel or aluminum. See "Google" for PA-18.
Of course, the reader will know why this special election is necessary. No need for salacious details, or mention of ultimate hypocrisy.
From what I have read, President Trump, today, signed the 'tariff', which begins, oddly, in two weeks (actually, 15 days) time. He can, of course, reverse such before the expiration of that time.
Just like there were going to be new jobs at Carrier in 2017. Didn't happen then, won't happen now.
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