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And when 0bama enacted tariffs, his personal financial interests were affected??
Please get off the silly and endless Trump conspiracy theories.
Obama didn't have to bail out farmers and everybody else affected by the tariffs. There are no conspiracy theories. The straight-up crazy is out there for everybody to see with this man.
Yet trump and his daughter can have all their stuff made in China and that is winning.......!
Personally, I can't think of anything I've ever bought that came from Trump. What exactly do they sell? My bet is the difference between people upset about Ford making cars in Mexico and Trump making whatever in China is that most people have either owned or know someone who has owned a Ford.
"Costs" Ford $1 Billion?
Or, the extra cost of metals is simply passed onto the consumer and some liberal media report spun it up to "cost" $1B?
Tariff's protect a nations manufacturing industry and its jobs. England for example, one of the most inflated countries in the world, also has some of the highest tariffs in the world on imported goods. The tariffs are going to instill change, and pain, in some industries, but result in a net gain in employment and corporate taxes paid IN THE USA.
I will not shed a SINGLE TEAR for a corporation whining about extra costs for outsourcing and cost of imported items. Furthermore I think having anything made in China is bad news, it totally turns me off of buying a Chinese made vehicle, as chances are it's going to be a big pile of crap.
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"“If a thing loves, it is infinite.”"
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Location: Great Britain
27,180 posts, read 13,461,836 times
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Quote:
Originally Posted by rkcarguy
England for example, one of the most inflated countries in the world, also has some of the highest tariffs in the world on imported goods.
In actual fact the UK is the second largest importer of US goods in Europe, and the 4th largest importer of American goods in the world. The UK is also the largest investor in the US and supports over 1.1 million US jobs most of which are high quality and highly paid .
The UK has tariffs based on being part of the EU but has stated it would like to negotiate a free trade deal with the US follown Brexit. Overall, the U.S. enjoyed a net surplus of $12 billion of trade in goods and services with the UK in 2015. The U.S. exported $123 billion of goods and services to the UK, making it the UK’s 2nd largest source of imports.
The UK also meets the 2% minimum NATO defence speding guideline and British troops fought in both Iraq and Afganistan supporting the US War on Terror.
It's quite amusing that anyone in the US (even a Trump supporter) would use the UK as an example as a bad trading partner, when in fact it's great trading partner and one iof your strongest allies.
Last edited by Brave New World; 10-16-2018 at 04:43 AM..
Last edited by scarabchuck; 10-16-2018 at 11:30 AM..
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