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that would be like saying that a kid getting beet up by an old grandpa won the fight because that grandpa died of a heart attack the next day.
During the Cold War, the US was doing everything in it's power to prevent communism from spreading across the globe. In that sense, Vietnam fulfilled it's purpose as it marked the endpoint of socialist expansion in SE Asia.
During the Cold War, the US was doing everything in it's power to prevent communism from spreading across the globe. In that sense, Vietnam fulfilled it's purpose as it marked the endpoint of socialist expansion in SE Asia.
An entire allied nation, South Vietnam, was lost to the communists, and 40 years later it is still one olf four communists states left in the world.
The main reason communism failed was not because it was a defective system but, for the reason you just stated -- the most powerful nation in the world was doing everything in its massive power to make sure it failed, mainly by forcing it to waste its resources on defending themselves from American bombing. If there was even the slightest possibility that was a defective system, it would have collapsed by itself, in less than 40 yearfs.
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Nobody wins in a trade war situation.
As for steel the two biggest importers in to the US are Canada and the EU (mainly Germany the EU'S largest steel producer) and not China - see the link below and diagram showing US Steel imports.
South Korea, Mexico and Brazil are also major steel importers in to the US, as is Taiwan a very small country which relies on such trade.
Then you have econmies that won't be hit as badly such as Japan, China and Russia and Turkey who export far less steel to the US.
All countries and trading bocks involved will hit back at the US with tariffs on US goods, and the fact that Canada and Mexico are going to be so badly hit means the North American Free Trade Agreement is looking increasingly pointless, and may as well be scrapped.
Too much focuses have been placed on hurting China. But, China will be just fine with this hike in construction metal tariffs, and China will retaliate. Trump's policies are shaped by race and lack of intelligence. Canada, EU and the rest of the world will increase trade with China without US.
Isn't America accidentally discovered by Europeans in search of China in pre-Columbus era? Protectionism isn't serving anyone's interest.
Daft question - nobody wins in a trade war, it will just result in repercussions and counter tariffs. At the end of the day people don't give a rats ar"e where they buy from, they will always buy the best bargains (usually means the cheapest option!).
Too much focuses have been placed on hurting China. But, China will be just fine with this hike in construction metal tariffs, and China will retaliate. Trump's policies are shaped by race and lack of intelligence. Canada, EU and the rest of the world will increase trade with China without US.
Isn't America accidentally discovered by Europeans in search of China in pre-Columbus era? Protectionism isn't serving anyone's interest.
oh come on!
everyone on this thread has been saying something like the above but none of you have mentioned that China and EU tax our products but we don't do theirs.
Daft question - nobody wins in a trade war, it will just result in repercussions and counter tariffs. At the end of the day people don't give a rats ar"e where they buy from, they will always buy the best bargains (usually means the cheapest option!).
Correct, but forcing corporations to adjust to changing prices and suppliers will be very disruptive in the short and mid-terms. Part of why the stock market keeps plunging.
It's more recklessness from a terrified administration.
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