Trump Announces Steel Tariff Hike to 50%

[Jingthing]

Tariffs can be useful tools when used in limited, rational. and targetted ways.

Trump's totally insane, totally unjustified by any economic theory trade war on the entire world including close allies was the opposite of that.

[BKKKevin]

15 hours ago, Tug said:

as well with his knife in the guts to our northern neighbor…..not to mention my depleted bank account.guess the only hope is the TACO dance.

 

 

[BKKKevin]

23 minutes ago, Jingthing said:

Tariffs can be useful tools when used in limited, rational. and targetted ways.

Trump's totally insane, totally unjustified by any economic theory trade war on the entire world including close allies was the opposite of that.

 

His followers say hes playing Three Dementia Chess... 

[JAG]

Just an idle thought - manufacturing steel requires a very large amount of electricity. Given where Pittsburgh is, how much of that electricity is supplied from Canada?

 

Still, I am sure the "stable genius" thought that one through!

[JonnyF]

7 hours ago, Lacessit said:

I would like the Australian government to hit the USA with reciprocal tariffs.

 

The USA has a positive trade balance with Australia. That means America suffers more.

 

IMO there is not anything America can supply which we can't get elsewhere without tariffs.

 

Just rely on China for everything. 

 

They'll never use it as leverage. 😃

[metisdead]

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