China slaps tariff on U.S. oil pipe, potential hit to Texas industry

[nat4900]

Yea that's exactly why unAmericans such as yourself are so outraged and can't stop complaining about the butthurt - because Trump is sooo ineffective.

Here.....find some grown up to read this to you (from a right wing source, no less) and learn something about what your nemesis Obama did....and what your ignorant "hero" Trump will be facing.


Consider former President Barack Obama’s tire fiasco of 2011. Over the course of three years, Chinese tires were subjected to a series of gradually decreasing tariffs to curb their impact on the U.S.’s domestic tire market. The result was abysmal. According to reports from the Peterson Institute for International Economics, the move rescued, at most, 1,200 jobs within the domestic tire industry and cost the retail sector almost 4,000 jobs. Furthermore, China then slapped retaliatory anti-dumping duties on chicken parts exported from the United States, squashing nearly $1 billion in sales in that industry. How can that be?

Because protectionist policies rarely produce the long-term boost their proponents promise.

In the case of Obama’s flirtation with protectionism, the tariff on Chinese tires did little more than drive the more frugal U.S. consumers into the arms of alternative low-cost tire manufacturers, such as those from Thailand, South Korea, Indonesia, and Mexico. American tire manufacturers were never quite in direct competition with Chinese manufacturers because American manufacturers were not in the business of selling low-end tires to begin with.

Trump can learn from Obama's tariff debacle

 

[Harpy Eagle]

Contrary to what you might have assumed, this event proves that there really isn't much China can do to us in a trade war. We have all the cards because they have a $400 billion trade deficit with us.

China slaps tariff on U.S. oil pipe, potential hit to Texas industry

Texas manufacturers who produce steel oil and gas pipelines and drill pipe are expected to see a relatively modest impact from China's announcement it was slapping a 15 percent tariff on steel pipe from the United States.

Last year the United States exported 832,000 metric tons of steel pipe, according to the U.S. International Trade Administration. More than 80 percent of that pipe went to Canada and Mexico, with China coming in a distant third.

"Bottom line, if the retaliation is on pipelines, Houston will not see much impact. However, if the trade war escalates to broader energy related machinery classes, then Houston will be more exposed," said Praveen Kumar, executive director of the University of Houston's Gutierrez Energy Management Institute.

The steel pipe tariff is part of a sprawling $3 billion tariff imposed by the Chinese early Friday, in response to President Donald Trump's announcement he would enact tariffs targeting $50 billion in Chinese goods. Among the U.S. goods targeted by the Chinese are pork, apples and steel pipe, but officials in Beijing are believed to be considering further action depending on the economic impact of Trump's tariffs.​

Pipeline manufacturing has grown in Texas over the past decade, as the hydraulic fracturing boom took off in shale plays like the Eagle Ford and Permian Basin. In November, global steel pipe giant Tenaris began production of steel oil and gas pipe at its new $1.8 billion mill in Bay City, destined for shale oil and gas wells in Texas, Oklahoma and beyond.
​

China has already used all its ammunition, while we have been waiting for the bullets to hit.

Finally we have someone in charge who has brought in the artillery.

Too bad his artillery is a super soakers and some water balloons


Sent from my iPhone using USMessageBoard.com

Yea that's exactly why unAmericans such as yourself are so outraged and can't stop complaining about the butthurt - because Trump is sooo ineffective.

No, actually he has been damn effective at putting an end to the good run the economy was on. If he would have just kept having pep rallies and playing golf and let decision making to the adults we would be way better off.

 

[Norman]

Contrary to what you might have assumed, this event proves that there really isn't much China can do to us in a trade war. We have all the cards because they have a $400 billion trade deficit with us.

China slaps tariff on U.S. oil pipe, potential hit to Texas industry

Texas manufacturers who produce steel oil and gas pipelines and drill pipe are expected to see a relatively modest impact from China's announcement it was slapping a 15 percent tariff on steel pipe from the United States.

Last year the United States exported 832,000 metric tons of steel pipe, according to the U.S. International Trade Administration. More than 80 percent of that pipe went to Canada and Mexico, with China coming in a distant third.

"Bottom line, if the retaliation is on pipelines, Houston will not see much impact. However, if the trade war escalates to broader energy related machinery classes, then Houston will be more exposed," said Praveen Kumar, executive director of the University of Houston's Gutierrez Energy Management Institute.

The steel pipe tariff is part of a sprawling $3 billion tariff imposed by the Chinese early Friday, in response to President Donald Trump's announcement he would enact tariffs targeting $50 billion in Chinese goods. Among the U.S. goods targeted by the Chinese are pork, apples and steel pipe, but officials in Beijing are believed to be considering further action depending on the economic impact of Trump's tariffs.​

Pipeline manufacturing has grown in Texas over the past decade, as the hydraulic fracturing boom took off in shale plays like the Eagle Ford and Permian Basin. In November, global steel pipe giant Tenaris began production of steel oil and gas pipe at its new $1.8 billion mill in Bay City, destined for shale oil and gas wells in Texas, Oklahoma and beyond.
​

China has already used all its ammunition, while we have been waiting for the bullets to hit.

Finally we have someone in charge who has brought in the artillery.

Too bad his artillery is a super soakers and some water balloons


Sent from my iPhone using USMessageBoard.com

Yea that's exactly why unAmericans such as yourself are so outraged and can't stop complaining about the butthurt - because Trump is sooo ineffective.

No, actually he has been damn effective at putting an end to the good run the economy was on. If he would have just kept having pep rallies and playing golf and let decision making to the adults we would be way better off.

Except, the economy has skyrocketed as a result of Trump. Very difficult for someone like you to deal with, who has only ever experienced losing and loserdom.

Huge winnings...

 

[BluesLegend]

Contrary to what you might have assumed, this event proves that there really isn't much China can do to us in a trade war. We have all the cards because they have a $400 billion trade deficit with us.

China slaps tariff on U.S. oil pipe, potential hit to Texas industry

Texas manufacturers who produce steel oil and gas pipelines and drill pipe are expected to see a relatively modest impact from China's announcement it was slapping a 15 percent tariff on steel pipe from the United States.

Last year the United States exported 832,000 metric tons of steel pipe, according to the U.S. International Trade Administration. More than 80 percent of that pipe went to Canada and Mexico, with China coming in a distant third.

"Bottom line, if the retaliation is on pipelines, Houston will not see much impact. However, if the trade war escalates to broader energy related machinery classes, then Houston will be more exposed," said Praveen Kumar, executive director of the University of Houston's Gutierrez Energy Management Institute.

The steel pipe tariff is part of a sprawling $3 billion tariff imposed by the Chinese early Friday, in response to President Donald Trump's announcement he would enact tariffs targeting $50 billion in Chinese goods. Among the U.S. goods targeted by the Chinese are pork, apples and steel pipe, but officials in Beijing are believed to be considering further action depending on the economic impact of Trump's tariffs.​

Pipeline manufacturing has grown in Texas over the past decade, as the hydraulic fracturing boom took off in shale plays like the Eagle Ford and Permian Basin. In November, global steel pipe giant Tenaris began production of steel oil and gas pipe at its new $1.8 billion mill in Bay City, destined for shale oil and gas wells in Texas, Oklahoma and beyond.
​

Remember China also steals from us, they steal billions of dollars in Hollywood movies and television alone each year. I wonder what the grand total is, trade deficit and thievery.

 

[BluesLegend]

Contrary to what you might have assumed, this event proves that there really isn't much China can do to us in a trade war. We have all the cards because they have a $400 billion trade deficit with us.

China slaps tariff on U.S. oil pipe, potential hit to Texas industry

Texas manufacturers who produce steel oil and gas pipelines and drill pipe are expected to see a relatively modest impact from China's announcement it was slapping a 15 percent tariff on steel pipe from the United States.

Last year the United States exported 832,000 metric tons of steel pipe, according to the U.S. International Trade Administration. More than 80 percent of that pipe went to Canada and Mexico, with China coming in a distant third.

"Bottom line, if the retaliation is on pipelines, Houston will not see much impact. However, if the trade war escalates to broader energy related machinery classes, then Houston will be more exposed," said Praveen Kumar, executive director of the University of Houston's Gutierrez Energy Management Institute.

The steel pipe tariff is part of a sprawling $3 billion tariff imposed by the Chinese early Friday, in response to President Donald Trump's announcement he would enact tariffs targeting $50 billion in Chinese goods. Among the U.S. goods targeted by the Chinese are pork, apples and steel pipe, but officials in Beijing are believed to be considering further action depending on the economic impact of Trump's tariffs.​

Pipeline manufacturing has grown in Texas over the past decade, as the hydraulic fracturing boom took off in shale plays like the Eagle Ford and Permian Basin. In November, global steel pipe giant Tenaris began production of steel oil and gas pipe at its new $1.8 billion mill in Bay City, destined for shale oil and gas wells in Texas, Oklahoma and beyond.
​

China has already used all its ammunition, while we have been waiting for the bullets to hit.

Finally we have someone in charge who has brought in the artillery.

Too bad his artillery is a super soakers and some water balloons


Sent from my iPhone using USMessageBoard.com

Yea that's exactly why unAmericans such as yourself are so outraged and can't stop complaining about the butthurt - because Trump is sooo ineffective.

No, actually he has been damn effective at putting an end to the good run the economy was on. If he would have just kept having pep rallies and playing golf and let decision making to the adults we would be way better off.

Except, the economy has skyrocketed as a result of Trump. Very difficult for someone like you to deal with, who has only ever experienced losing and loserdom.

Huge winnings...

They got used to Obama that lame ass president can't, president do nothing, president surrender without trying.

 

[nat4900]

Except, the economy has skyrocketed as a result of Trump. Very difficult for someone like you to deal with, who has only ever experienced losing and loserdom.

Huge winnings..

LOL

Obama Deserves More Credit Than Trump For Good Economy

 

[nat4900]

Except, the economy has skyrocketed as a result of Trump. Very difficult for someone like you to deal with, who has only ever experienced losing and loserdom.

Huge winnings...

Obama Gets More Credit Than Trump for the Improved Economy

The Trump economy is no great success - Chicago Tribune

 

[nat4900]

Remember China also steals from us, they steal billions of dollars in Hollywood movies and television alone each year. I wonder what the grand total is, trade deficit and thievery.

.....and your hero, the orange moron....is addressing the above, HOW???................LOL

 

[Norman]

Except, the economy has skyrocketed as a result of Trump. Very difficult for someone like you to deal with, who has only ever experienced losing and loserdom.

Huge winnings...

Obama Gets More Credit Than Trump for the Improved Economy

The Trump economy is no great success - Chicago Tribune

So wait, Obama gets credit for the great economy, which is not great?

A true contradiction, not surprising given it was generated by two lies, provided by one of the most established liar of the board.

 

[BluesLegend]

Remember China also steals from us, they steal billions of dollars in Hollywood movies and television alone each year. I wonder what the grand total is, trade deficit and thievery.

.....and your hero, the orange moron....is addressing the above, HOW???................LOL

That Trump triggers you is a gift to us.

 

[BluesLegend]

Except, the economy has skyrocketed as a result of Trump. Very difficult for someone like you to deal with, who has only ever experienced losing and loserdom.

Huge winnings...

Obama Gets More Credit Than Trump for the Improved Economy

The Trump economy is no great success - Chicago Tribune

So wait, Obama gets credit for the great economy, which is not great?

A true contradiction, not surprising given it was generated by two lies, provided by one of the most established liar of the board.

Liberals lie so often pretty much anything they say is a contradiction.

 

[Norman]

Except, the economy has skyrocketed as a result of Trump. Very difficult for someone like you to deal with, who has only ever experienced losing and loserdom.

Huge winnings...

Obama Gets More Credit Than Trump for the Improved Economy

The Trump economy is no great success - Chicago Tribune

So wait, Obama gets credit for the great economy, which is not great?

A true contradiction, not surprising given it was generated by two lies, provided by one of the most established liar of the board.

Liberals lie so often pretty much anything they say is a contradiction.

Indeed, usually they can at least navigate the line of thought through two sentences, but Natt has lied his ass of so much that he can no longer even recognize the truth.

 

[BluesLegend]

Except, the economy has skyrocketed as a result of Trump. Very difficult for someone like you to deal with, who has only ever experienced losing and loserdom.

Huge winnings...

Obama Gets More Credit Than Trump for the Improved Economy

The Trump economy is no great success - Chicago Tribune

So wait, Obama gets credit for the great economy, which is not great?

A true contradiction, not surprising given it was generated by two lies, provided by one of the most established liar of the board.

Liberals lie so often pretty much anything they say is a contradiction.

Indeed, usually they can at least navigate the line of thought through two sentences, but Natt has lied his ass of so much that he can no longer even recognize the truth.

Dem's are flailing in all directions, that Trump whooped their ass has turned their entire world upside down.

 

[del]

Contrary to what you might have assumed, this event proves that there really isn't much China can do to us in a trade war. We have all the cards because they have a $400 billion trade deficit with us.

China slaps tariff on U.S. oil pipe, potential hit to Texas industry

Texas manufacturers who produce steel oil and gas pipelines and drill pipe are expected to see a relatively modest impact from China's announcement it was slapping a 15 percent tariff on steel pipe from the United States.

Last year the United States exported 832,000 metric tons of steel pipe, according to the U.S. International Trade Administration. More than 80 percent of that pipe went to Canada and Mexico, with China coming in a distant third.

"Bottom line, if the retaliation is on pipelines, Houston will not see much impact. However, if the trade war escalates to broader energy related machinery classes, then Houston will be more exposed," said Praveen Kumar, executive director of the University of Houston's Gutierrez Energy Management Institute.

The steel pipe tariff is part of a sprawling $3 billion tariff imposed by the Chinese early Friday, in response to President Donald Trump's announcement he would enact tariffs targeting $50 billion in Chinese goods. Among the U.S. goods targeted by the Chinese are pork, apples and steel pipe, but officials in Beijing are believed to be considering further action depending on the economic impact of Trump's tariffs.​

Pipeline manufacturing has grown in Texas over the past decade, as the hydraulic fracturing boom took off in shale plays like the Eagle Ford and Permian Basin. In November, global steel pipe giant Tenaris began production of steel oil and gas pipe at its new $1.8 billion mill in Bay City, destined for shale oil and gas wells in Texas, Oklahoma and beyond.
​

Yes of course. America imports far more from China tan vice versa, some of this is due to Chinese trade barriers and tariffs.

Also, they might have outsmarted past politicians on trade, something Trump hopes to change. However, going after Texas is a bad idea. The last thing they want is Texas citizens and politicians in a bad mood

yeah, outsmarting trump is a real challenge, and the chinese are in fear of *texans*

 

[Reasonable]

Contrary to what you might have assumed, this event proves that there really isn't much China can do to us in a trade war. We have all the cards because they have a $400 billion trade deficit with us.

China slaps tariff on U.S. oil pipe, potential hit to Texas industry

Texas manufacturers who produce steel oil and gas pipelines and drill pipe are expected to see a relatively modest impact from China's announcement it was slapping a 15 percent tariff on steel pipe from the United States.

Last year the United States exported 832,000 metric tons of steel pipe, according to the U.S. International Trade Administration. More than 80 percent of that pipe went to Canada and Mexico, with China coming in a distant third.

"Bottom line, if the retaliation is on pipelines, Houston will not see much impact. However, if the trade war escalates to broader energy related machinery classes, then Houston will be more exposed," said Praveen Kumar, executive director of the University of Houston's Gutierrez Energy Management Institute.

The steel pipe tariff is part of a sprawling $3 billion tariff imposed by the Chinese early Friday, in response to President Donald Trump's announcement he would enact tariffs targeting $50 billion in Chinese goods. Among the U.S. goods targeted by the Chinese are pork, apples and steel pipe, but officials in Beijing are believed to be considering further action depending on the economic impact of Trump's tariffs.​

Pipeline manufacturing has grown in Texas over the past decade, as the hydraulic fracturing boom took off in shale plays like the Eagle Ford and Permian Basin. In November, global steel pipe giant Tenaris began production of steel oil and gas pipe at its new $1.8 billion mill in Bay City, destined for shale oil and gas wells in Texas, Oklahoma and beyond.
​

Wrong as usual.

China's response to President Donald Trump's tariffs was so swift that it was actually quite embarrassing for the United States, according to CNBC's Jim Cramer.

Earlier Friday, China announced plans for reciprocal tariffs on 128 U.S. products, including pork, wine, fruit and steel. It came a day after Trump's announcement of tariffs on up to $60 billion in Chinese imports.

Chinese President Xi Jinping "had a list that was so ready of what they're blocking," Cramer said on "Squawk on the Street" Friday. "They are so ready for what we do, it's embarrassing."


"Do you think that [China] has not figured this stuff out," asked Cramer. "They've got a game plan."

 

[bripat9643]

So? What are they going to do, start whining for us to pay them?

Well, moron, we are going into $1.3 TRILLION more in debt......What if China refuses to "buy" any of our additional bonds....and other countries like Japan also stop?

The enitre appropriations bill isn't added to the debt, moron.

Why would Japan stp buying our bonds? Did Trump impose any tariffs on them? China has to put its money somewhere, and US government bonds are about the safest place in world to put them.

 

[del]

you misspelled were

 

[bripat9643]

you misspelled were

No thanks to douchebags like you.

 

[del]

you misspelled were

No thanks to douchebags like you.

you're right

i've done nothing to affect the lowered worldwide opinion of america and loss of faith in our economy

that would be your boi, the cheeto-in-chief

 

[Reasonable]

Contrary to what you might have assumed, this event proves that there really isn't much China can do to us in a trade war. We have all the cards because they have a $400 billion trade deficit with us.

China slaps tariff on U.S. oil pipe, potential hit to Texas industry

Texas manufacturers who produce steel oil and gas pipelines and drill pipe are expected to see a relatively modest impact from China's announcement it was slapping a 15 percent tariff on steel pipe from the United States.

Last year the United States exported 832,000 metric tons of steel pipe, according to the U.S. International Trade Administration. More than 80 percent of that pipe went to Canada and Mexico, with China coming in a distant third.

"Bottom line, if the retaliation is on pipelines, Houston will not see much impact. However, if the trade war escalates to broader energy related machinery classes, then Houston will be more exposed," said Praveen Kumar, executive director of the University of Houston's Gutierrez Energy Management Institute.

The steel pipe tariff is part of a sprawling $3 billion tariff imposed by the Chinese early Friday, in response to President Donald Trump's announcement he would enact tariffs targeting $50 billion in Chinese goods. Among the U.S. goods targeted by the Chinese are pork, apples and steel pipe, but officials in Beijing are believed to be considering further action depending on the economic impact of Trump's tariffs.​

Pipeline manufacturing has grown in Texas over the past decade, as the hydraulic fracturing boom took off in shale plays like the Eagle Ford and Permian Basin. In November, global steel pipe giant Tenaris began production of steel oil and gas pipe at its new $1.8 billion mill in Bay City, destined for shale oil and gas wells in Texas, Oklahoma and beyond.
​

China has already used all its ammunition, while we have been waiting for the bullets to hit.

Finally we have someone in charge who has brought in the artillery.

Too bad his artillery is a super soakers and some water balloons


Sent from my iPhone using USMessageBoard.com

Yea that's exactly why unAmericans such as yourself are so outraged and can't stop complaining about the butthurt - because Trump is sooo ineffective.

No, actually he has been damn effective at putting an end to the good run the economy was on. If he would have just kept having pep rallies and playing golf and let decision making to the adults we would be way better off.

Except, the economy has skyrocketed as a result of Trump. Very difficult for someone like you to deal with, who has only ever experienced losing and loserdom.

Huge winnings...

The economy is being weighed down by an incompetent president who really really thinks
“ I alone can fix it.”
Ever ask yourself why all of Trump’s advisers begged him not to put on the tariffs?
Ever think why those experts that know 1000x more than Trump think these tariffs are a horrible idea.
We know thinking isn’t your forte.
Only blind obedience to your cult leader is.