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  • Tariffs are the greatest! Either a country which has treated the United States unfairly on Trade negotiates a fair deal, or it gets hit with Tariffs

lol
Even Fox say now that tariffs are a suicide to US economy:
"Trump’s trade war means higher prices for American consumers, lower margins and less revenue for U.S. firms, and worse jobs for workers. It's economic suicide."
http://www.foxnews.com/opinion/2018/07/24/trumps-trade-war-is-economic-suicide.html
Go Donnie!
Everyone can see the chart, but only a few can actually read it.
From1toMillion EA All Time Return: 1,177.0%
Please impose 1000% tariffs on all imports to make America great again.
i dont think Trump is wrong about the tariffs, why will you put heavy tariffs on America products going into your country and expect America not to do same on your products entering their country. All Trump is saying that Tariffs on America products should be cut down to make America products to be competitive in the global market.
Quoting samvcng
i dont think Trump is wrong about the tariffs, why will you put heavy tariffs on America products going into your country and expect America not to do same on your products entering their country. All Trump is saying that Tariffs on America products should be cut down to make America products to be competitive in the global market.
Exactly! Just because the previous presidents were pussies and didn't do anything about it, doesn't mean its ok. Its not fair, he is right!
Everyone can see the chart, but only a few can actually read it.
From1toMillion EA All Time Return: 1,177.0%
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If you feel that Mr Trump Tweets are important to your trading.. subscribe to @realDonaldTrump .
Its a Primary source and totally free.
Maybe then FF News/Newsstand will not feel it necessary to republish this source with such frequency.
Quoting samvcng
i dont think Trump is wrong about the tariffs, why will you put heavy tariffs on America products going into your country and expect America not to do same on your products entering their country. All Trump is saying that Tariffs on America products should be cut down to make America products to be competitive in the global market.
Tariffs between EU and USA are on average at the same level. The claim that USA has been treated unfairly in trade is not true. China needs to open it's markets more but you don't need a global trade war for that.
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  • | IP XXX.XXX.162.210
Tariffs are idiotic on many fronts:
They are a tax on consumers
They stimulate inflation in the parts of the economy affected by tariffs
If escalated, as they are currently, they create uncertainty that has the knock on effects of delaying investment and reducing trust between countries. Over time they also make the those industries protected by tariffs less efficient.
Great idea Donald!
Huge mistake for EU to go to the Sultan's palace!
?!? Profit This Year: €136
Quoting TraderTero
{quote} Tariffs between EU and USA are on average at the same level. The claim that USA has been treated unfairly in trade is not true. China needs to open it's markets more but you don't need a global trade war for that.
DJT has the financial acumen of a cucumber...apologies to all cucumbers around the world.

He either doesn't understand or refuses to undertand how trade works. His response is a scorched Earth policy...kill everyone...kill everything. Last man standing is the 'Winner'
Quoting samvcng
i dont think Trump is wrong about the tariffs, why will you put heavy tariffs on America products going into your country and expect America not to do same on your products entering their country. All Trump is saying that Tariffs on America products should be cut down to make America products to be competitive in the global market.

Fucking this! Why cant they just play fair? Level the playing field.
Quoting Guest
If you feel that Mr Trump Tweets are important to your trading.. subscribe to @realDonaldTrump . Its a Primary source and totally free. Maybe then FF News/Newsstand will not feel it necessary to republish this source with such frequency.
Then what would the naysayers have to complain about?

Attached Image
...because you never know - until you do!
Quoting TraderTero
Even Fox say now that tariffs are a suicide to US economy: "Trump’s trade war means higher prices for American consumers, lower margins and less revenue for U.S. firms, and worse jobs for workers. It's economic suicide." http://www.foxnews.com/opinion/2018/07/24/trumps-trade-war-is-economic-suicide.html
Yea so true. The other countries, EU and China especially, have been imposing higher tariff for decades. They would have suicided 100000000 times more than US by now. US is far behind the curve. It should catch up on this suicidal game. Go Donnie go.
Tariffs are much better than nukes.
Quoting Superflex
{quote} Fucking this! Why cant they just play fair? Level the playing field.
DJT complains about the 25% tariff China imposes on US cars. He fails to mention the 25% tariff the US imposes on Trucks imported from China.

That's cherry picking at it's finest.
Quoting digit1288
Hidden
I started with very little capital too, we should call ourselves the "plastic spooners" lol.
Quoting fxsport
Hidden
It's not about how much money the man has.

You should be asking..."How many of his previous business ventures have failed?" "How much money did his failed businesses owe" "How many investors did he screw over when the businesses collapsed"

I bet the figures lost, reads like a telephone number.
Quoting TraderTero
Even Fox say now that tariffs are a suicide to US economy: "Trump’s trade war means higher prices for American consumers, lower margins and less revenue for U.S. firms, and worse jobs for workers. It's economic suicide." http://www.foxnews.com/opinion/2018/...c-suicide.html
Ok, FACT CHECK

1. The article you posted is called an OPINION PIECE - meaning it is a person's OPINION
2. In the article it discussed a company, Mid Continent Nail Corporation, that says it laid off workers because of the 25% price increase....

Please refer to this article about the company...it mentions the same problems for workers at the Nail Corporation (making $10/hr) HOWEVER,

http://www.chicagotribune.com/busine...626-story.html

Supporters of Trump's tariffs point out that the protectionist moves have yielded job gains. Nearly 4,700 American jobs have been created since the steel and aluminum tariffs went into effect as businesses like U.S. Steel restart blast furnaces for in Illinois, and Century Aluminum reopened an aluminum smelter in Kentucky. Many of these positions are union jobs that come with $60,000 salaries and benefits.

"Idled steel and aluminum capacity is being restarted as we sit here," said Commerce Secretary Wilbur Ross at a Senate hearing last week.

So you see it's not all doom and gloom like you would have people believe.
...because you never know - until you do!
Quoting fxsport
Hidden
To be fair, he only had a million dollar loan (6.5mill in today's money) from his dad, followed by 200 million dollar inheritance.

Poor guy must have been struggling to make ends meet.

Analyst predict, had he put all the money into an index linked account, it would be worth 9 billion today...way more than he is currently worth..and he wouldn't have had to lift a finger.
Quoting digit1288
{quote} To be fair, he only had a million dollar loan (6.5mill in today's money) from his dad, followed by 200 million dollar inheritance. Poor guy must have been struggling to make ends meet. Analyst predict, had he put all the money into an index linked account, it would be worth 9 billion today...way more than he is currently worth..and he wouldn't have had to lift a finger.
But then he wouldn't have had a shiny hotel and a private jet etc... (I wonder if he will call it Trump One after he gives up Airforce One to his successor?)
Quoting digit1288
..and he wouldn't have had to lift a finger.
And what would be the point of life then? Doing nothing = being dead already.
Everyone can see the chart, but only a few can actually read it.
From1toMillion EA All Time Return: 1,177.0%
Quoting fxsport
{quote} Ok, FACT CHECK 1. The article you posted is called an OPINION PIECE - meaning it is a person's OPINION 2. In the article it discussed a company, Mid Continent Nail Corporation, that says it laid off workers because of the 25% price increase.... Please refer to this article about the company...it mentions the same problems for workers at the Nail Corporation (making $10/hr) HOWEVER, http://www.chicagotribune.com/busine...626-story.html Supporters of Trump's tariffs point out that the...
My point was that even Fox news has started to release this type of articles meaning that they are changing their view on this issue. I don't find Wilbur Ross in any way a reliable source.

Regarding steel tariffs creating more jobs in USA, please read this article:
http://qualitysitework.com/steel-tariffs-construction-industry/

Steel prices have gone up substantially since the tariffs were implemented pushing up prices in many industries. That will not generate new jobs, on the contrary.
Lindsey Williams mentioned three factors to keep an eye on, one currency wars, two trade wars, and three the final factor, the derivative markets. Plenty of opportunities to take advantage of.
Trump is losing control of his trade war:

http://theweek.com/articles/786271/trump-losing-control-trade-war
Quoting TraderTero
Trump is losing control of his trade war: http://theweek.com/articles/786271/t...trol-trade-war
No he's not - he's actually 3 steps ahead of these pundits. It may SEEM like Trump is losing the battle BUT he and the USA will win the WAR.

Just like the author in the above article said Trump didn't go from 34 billion to 200 billion - he went for the Gusto 500 billion! It's a breach of protocol, just like below and China won't back down...but for those who have seen the movie (Christmas Story) we know what happened to Flick....


Attached Image
...because you never know - until you do!
Quoting fxsport
{quote} No he's not - he's actually 3 steps ahead of these pundits. It may SEEM like Trump is losing the battle BUT he and the USA will win the WAR. Just like the author in the above article said Trump didn't go from 34 billion to 200 billion - he went for the Gusto 500 billion! It's a breach of protocol, just like below and China won't back down...but for those who have seen the movie (Christmas Story) we know what happened to Flick.... {image}
Keep on dreaming. There are no winners in trade war. Everyone is losing. You also, provided that you have something to lose.
Trade wars have no effects on basement dwellers.
reduction of corporate tax on one hand .... government budget deficit on the other side
import tariffs can reduce deficits
but US consumers must pay more because of import tariffs
in the end ... corporate taxes are paid by US consumers

so ... Trump is just doing business
Trump understands that strong dollar is not good for US products in global markets ... US products can not compete in global markets because of strong dollar .... except in the technology and services sector

just my opinion
Tariff the shits out of China, please. Donald.
The road to pipland is arduous and fraught with challenge.
A Chinese factory worker earns 75 dollars a month so that the rest of the world can enjoy an affordable and comfortable life style.
Quoting Nick.
A Chinese factory worker earns 75 dollars a month so that the rest of the world can enjoy an affordable and comfortable life style.
There you can see how unfairly USA is being treated in trade with China.
In December 2017, the median weekly salary for Americans was $857, which equals $3,714 per month.
Quoting Guest
Tariffs are idiotic on many fronts: They are a tax on consumers They stimulate inflation in the parts of the economy affected by tariffs If escalated, as they are currently, they create uncertainty that has the knock on effects of delaying investment and reducing trust between countries. Over time they also make the those industries protected by tariffs less efficient. Great idea Donald!
the problem is that few things in life are simple. Free trade sounds like a panacea but how would it be responsible to rely on foreign sourced material in military equipment? How would it be responsible to become dependent on foreign raw materials? Where do you draw the line?
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  • Story Stats
  • Posted: Jul 24, 2018 7:30am
  • Submitted by:
     Newsstand
    Category: Low Impact Breaking News
    Comments: 38  /  Views: 9,275