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Old 05-31-2018, 07:39 PM
 
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The Chinese can outlast Trump in a trade war.
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Old 05-31-2018, 08:05 PM
 
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So Trump, the guy who could not even keep his party in line to pass a healthcare bill is now the master negotiator? I don't think so.
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Old 06-01-2018, 01:51 PM
 
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Quote:
Originally Posted by UserFinn View Post
That is a good question....I believe that there will be allies, example similar allies than N-Korea and Russia have now.
Trump is steering USA to the side track and that is other track than whole western world is using.
End of that Trump-track is huge "North Korea" with some flavor from Russia and no more leader of free western world.

Example:
Finland have now project to buy new fighter jets, old Hornet F-18 fighters need to replace with new ones after some years.
Today I have seen first statements: Because of new US-tariffs, two strong nominates (Super Hornet & F-35...Totally more than 60 planes) are probably kicked out from plans and new fighters may come more likely from some European company.
In this case Sweden,UK and France are clapping hands but Trump and specially owners and workers at Lockheed Martin/Boeing are not happy.

This is just one example how world trade in reality works and it have nothing to do with Trumps imagination and "Great deals".

Other example:
Caterpillar.
They are using (As many other companies) special steels and there is not enough production in USA on these materials, so needed to import more or less.
Price of the material goes up also at domestic markets (I believe that these companies in US are not working under Red Cross. If price goes up with exported steel, domestic markets will follow) and that means higher price for new Caterpillar what rolls out from factory.
Because of tariffs,local Caterpillar buyer pays more price also...And what comes to exporting of Caterpillar, price of over seas is sky rocketing ( First because US tariffs and secondly increased tariffs at export countries).
My opinion is that if this goes to the totally trade war because of Trump, Caterpillar as an company will just be like shadow....And that is only Caterpillar brand, others great US-brand will follow.

Trump says that it easy to win trade war.
It is not, it is only easy to be total idiot.
This is the problem- Trumpsters live in a binary world- where everything has a simple and easy solution; everything is black and white; where the guy yelling at the TV at the diner knows as much about economics or foreign policy, trade, or any other policy as an expert with years of education and practice in said field; where the only things that matter are the ones you see right outside your front door.
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