If only we had a poster who could have foreseen this coming?
www.cnbc.com
Other side of the coin on Trumps 'winning policies.'
There is other stuff contradicting that he accomplished much of anything, and like Nixon is not much more than a shiiiitey assed crooked and way used car salesmen.(See all linked and pasted articles below.) Nixon was one of the last guys to pull this tariff war stuff out from his underpants. Canada started to discuss the Third Option w/ Nixon in office, and are pulling it out of moth balls now. The third option was divesting themselves of as much dependence on trade with the US.
China loves this because it weakens us, and they step into the void of our weakening power, as well as pick up our slack with local trading partners. Kudos on China for pulling this mini salvo in the Trump trade war. They want this trade war w/ our closest allies. Now we have something to blame inflation on, instead of people not listening to the issue of Trumps tariffs causing inflation in our economy, not China's taxes, tariffs, and export controls on us. Export controls on metals needed for computers and consumer electronics can hurt us immensely.
This dumb self-aggrandizing game Trump is playing at is going to hurt a lot of people if China can find a way to prolong it. Eliminating .1% of our economy,(foreign aid) placing a semi limited tariff on our world trading partners, ignoring past treaties, aiding our enemies in abetting their warring actions, etc., does wonders for our world rep. You guys thought Obama admitting some of our past faults on what you wanted to call his 'apology tour' was going to hurt us on the world stage? Not anything compared to all of what Trump is doing. Russia and China love Trump, as opposed to what the rest of the world thinks. Bravo Trump, you have provided as much advantage as you possibly could have to the Axis of Evil. Even if you lift all tariffs in the next several months, you have still weakened us with your unanalyzed actions. How does Trump think these actions make him look serious on future actions? World leaders realize he is simply playing a game of appearances. They are laughing at him.
Barnum & Baile not leaving DC for the next four years.
A Second Edition of Trump blinking f/ the WSJ.
Transatlalantic trade war going to hurt everybody.
from Reuters:
Threats of US tariffs may be political rhetoric, Polish PM says
Threats of
U.S. tariffs may be political rhetoric rather than an actual threat, Polish Prime Minister Donald Tusk said.
"Nothing should be underestimated, you have to be ready for any scenario, but it seems to me that when it comes to tariffs, using this argument against the European Union may be more political rhetoric than a real threat," Tusk told journalists.
He said the EU would act together and would be ready to respond to any U.S. action within an hour.
"We must respond adequately ... If the Washington administration decides that customs barriers are necessary - I don't believe they believe so - then the European Union must respond similarly. There is no other solution."