Donald Trump shoots himself in the other foot: Steel layoffs in US mount due to falling production

[Mac-7]

The tariffs made chinese steel more expensive

Which was the idea

Tariffs make all steel more expensive and reduce demand.

Donald Trump's trade war is a textbook example of tariffs failing to work and adversely affecting the economy of the country imposing the tariffs.

US manufacturing is in decline and GDP growth has slumped to 1.9%.

Donald Trump has damaged brand America which will affect adversely affect sales of American products overseas for a decade.

Tariffs are necessary to save American manufacturing

which is something the US needs very much

But tariffs have never done that. Just like they have never helped steel. See the OP.

Every nation in the world has tariffs and has had them since the Industrial Revolution

Most nations don't have trade policies originating from a crazy, orange-haired, man's gut.

Thats not a serious comment

 

[Brain357]

Tariffs make all steel more expensive and reduce demand.

Donald Trump's trade war is a textbook example of tariffs failing to work and adversely affecting the economy of the country imposing the tariffs.

US manufacturing is in decline and GDP growth has slumped to 1.9%.

Donald Trump has damaged brand America which will affect adversely affect sales of American products overseas for a decade.

Tariffs are necessary to save American manufacturing

which is something the US needs very much

But tariffs have never done that. Just like they have never helped steel. See the OP.

Every nation in the world has tariffs and has had them since the Industrial Revolution

So? They are a tax. They don’t save an industry.

Yes, tariffs are a tax

But no, they do save an industry

Thats why critics call them protectionist

You read the OP and still believe that? They ALWAYS cost jobs. The proof is right in front of you. Read the OP!

 

[Denizen]

Tariffs make all steel more expensive and reduce demand.

Donald Trump's trade war is a textbook example of tariffs failing to work and adversely affecting the economy of the country imposing the tariffs.

US manufacturing is in decline and GDP growth has slumped to 1.9%.

Donald Trump has damaged brand America which will affect adversely affect sales of American products overseas for a decade.

Tariffs are necessary to save American manufacturing

which is something the US needs very much

But tariffs have never done that. Just like they have never helped steel. See the OP.

Every nation in the world has tariffs and has had them since the Industrial Revolution

Most nations don't have trade policies originating from a crazy, orange-haired, man's gut.

Thats not a serious comment

Donald Trump is a joke. An object of international derision.

 

[Brain357]

Why do you think they are “working” for the EU and China? The EU economy is weaker than ours. China’s run is coming to an end soon.

we cannot reverse 40 years of bad trade policy in 40 months

But we can begin the turnaround if trump remains in office

Trade policy isn't the problem. Our problem is bad capitalism. We need to get rid of non competes. We need to eliminate all the wage collusion. We need to end corporate welfare. We need to fix all our near monopolies... All our problems are self inflicted and aren't trade related. The war on unions was a big loser as are right to work laws.

Our trade policy is the root of the problem

After WWII we were the largest economy in the world based on the strength of the manufacturing base

Not retail sales

Not services like carpet cleaning

But because we made real products

At some point in the 1970’s we slowly began to move away from manufacturing and the bad results of that mistaken change are catching us with us now

Yes we don’t have really cheap labor. We have lots of wealth and lots of jobs. We just need to empower workers again.

You arent empowering workers when their factory closes and the job moves to china

Nope. But you can’t prop up industry with tariffs and be competitive in the world. It’s a loser.

 

[Mac-7]

Tariffs are necessary to save American manufacturing

which is something the US needs very much

But tariffs have never done that. Just like they have never helped steel. See the OP.

Every nation in the world has tariffs and has had them since the Industrial Revolution

So? They are a tax. They don’t save an industry.

Yes, tariffs are a tax

But no, they do save an industry

Thats why critics call them protectionist

You read the OP and still believe that? They ALWAYS cost jobs. The proof is right in front of you. Read the OP!

We had tariffs before trump and so does every other nation I am aware of

 

[Admiral Rockwell Tory]

"Trump repeatedly promised he would revive the steel industry through trade war measures primarily aimed at imports from China and Europe.

As he did w/farmers

subsequently subsidizing them

https://psmag.com/news/the-trump-administration-will-pay-farmers-16-billion-for-its-trade-war

'effin clown....

~S~

Where does it say we borrowed this money from China? Most of the funds are from tariffs we IMPOSED on China.

There is an 'effin clown clown here and it is YOU!

 

[Mac-7]

Tariffs are necessary to save American manufacturing

which is something the US needs very much

But tariffs have never done that. Just like they have never helped steel. See the OP.

Every nation in the world has tariffs and has had them since the Industrial Revolution

Most nations don't have trade policies originating from a crazy, orange-haired, man's gut.

Thats not a serious comment

Donald Trump is a joke. An object of international derision.

I think the anti trump swamp rats in washington are a national disgrace

They are sore losers and far more damaging to the nation than anything trump is accused of

 

[Brain357]

But tariffs have never done that. Just like they have never helped steel. See the OP.

Every nation in the world has tariffs and has had them since the Industrial Revolution

So? They are a tax. They don’t save an industry.

Yes, tariffs are a tax

But no, they do save an industry

Thats why critics call them protectionist

You read the OP and still believe that? They ALWAYS cost jobs. The proof is right in front of you. Read the OP!

We had tariffs before trump and so does every other nation I am aware of

And every time we try to use them to protect an industry it fails. Again, look at the OP. Why do you deny reality?

 

[Admiral Rockwell Tory]

~S~

Yeah, the steel industry is so slow right now that they are building a multi-billion dollar steel mill in a neighboring county.

 

[Brain357]

"Trump repeatedly promised he would revive the steel industry through trade war measures primarily aimed at imports from China and Europe.

As he did w/farmers

subsequently subsidizing them

https://psmag.com/news/the-trump-administration-will-pay-farmers-16-billion-for-its-trade-war

'effin clown....

~S~

Where does it say we borrowed this money from China? Most of the funds are from tariffs we IMPOSED on China.

There is an 'effin clown clown here and it is YOU!

The bailouts are bigger than the income from tariffs. And you know the USA pays those tariffs right?

 

[Brain357]

~S~

Yeah, the steel industry is so slow right now that they are building a multi-billion dollar steel mill in a neighboring county.

They are doing lots of layoffs. US steel stock down like 50%....

 

[Mac-7]

we cannot reverse 40 years of bad trade policy in 40 months

But we can begin the turnaround if trump remains in office

Trade policy isn't the problem. Our problem is bad capitalism. We need to get rid of non competes. We need to eliminate all the wage collusion. We need to end corporate welfare. We need to fix all our near monopolies... All our problems are self inflicted and aren't trade related. The war on unions was a big loser as are right to work laws.

Our trade policy is the root of the problem

After WWII we were the largest economy in the world based on the strength of the manufacturing base

Not retail sales

Not services like carpet cleaning

But because we made real products

At some point in the 1970’s we slowly began to move away from manufacturing and the bad results of that mistaken change are catching us with us now

Yes we don’t have really cheap labor. We have lots of wealth and lots of jobs. We just need to empower workers again.

You arent empowering workers when their factory closes and the job moves to china

Nope. But you can’t prop up industry with tariffs and be competitive in the world. It’s a loser.

We dont have to sell consumer products to the world

Build consumer products in America for Americans and keep that money here where it belongs

 

[Brain357]

Trade policy isn't the problem. Our problem is bad capitalism. We need to get rid of non competes. We need to eliminate all the wage collusion. We need to end corporate welfare. We need to fix all our near monopolies... All our problems are self inflicted and aren't trade related. The war on unions was a big loser as are right to work laws.

Our trade policy is the root of the problem

After WWII we were the largest economy in the world based on the strength of the manufacturing base

Not retail sales

Not services like carpet cleaning

But because we made real products

At some point in the 1970’s we slowly began to move away from manufacturing and the bad results of that mistaken change are catching us with us now

Yes we don’t have really cheap labor. We have lots of wealth and lots of jobs. We just need to empower workers again.

You arent empowering workers when their factory closes and the job moves to china

Nope. But you can’t prop up industry with tariffs and be competitive in the world. It’s a loser.

We dont have to sell consumer products to the world

Build consumer products in America for Americans and keep that money here where it belongs

Said no economist ever....

That’s similar to the USSR. How did that work out?

 

[Mac-7]

Our trade policy is the root of the problem

After WWII we were the largest economy in the world based on the strength of the manufacturing base

Not retail sales

Not services like carpet cleaning

But because we made real products

At some point in the 1970’s we slowly began to move away from manufacturing and the bad results of that mistaken change are catching us with us now

Yes we don’t have really cheap labor. We have lots of wealth and lots of jobs. We just need to empower workers again.

You arent empowering workers when their factory closes and the job moves to china

Nope. But you can’t prop up industry with tariffs and be competitive in the world. It’s a loser.

We dont have to sell consumer products to the world

Build consumer products in America for Americans and keep that money here where it belongs

Said no economist ever....

That’s similar to the USSR. How did that work out?

No, sez you and the globalists who count America as only one part of the league of nations

America is my first priority

 

[Brain357]

Yes we don’t have really cheap labor. We have lots of wealth and lots of jobs. We just need to empower workers again.

You arent empowering workers when their factory closes and the job moves to china

Nope. But you can’t prop up industry with tariffs and be competitive in the world. It’s a loser.

We dont have to sell consumer products to the world

Build consumer products in America for Americans and keep that money here where it belongs

Said no economist ever....

That’s similar to the USSR. How did that work out?

No, sez you and the globalists who count America as only one part of the league of nations

America is my first priority

Yes that’s how the USSR was. Again, how did that workout? Economists are all in agreement on this one. You are spouting some impressive stupidity. So steel is in bad shape and you think more bad would be better?

 

[Mac-7]

You arent empowering workers when their factory closes and the job moves to china

Nope. But you can’t prop up industry with tariffs and be competitive in the world. It’s a loser.

We dont have to sell consumer products to the world

Build consumer products in America for Americans and keep that money here where it belongs

Said no economist ever....

That’s similar to the USSR. How did that work out?

No, sez you and the globalists who count America as only one part of the league of nations

America is my first priority

Yes that’s how the USSR was. Again, how did that workout? Economists are all in agreement on this one. You are spouting some impressive stupidity. So steel is in bad shape and you think more bad would be better?

Economists agree that America is better off when every market in the world is dominated by products made in china?

I find that hard to believe

 

[Brain357]

Nope. But you can’t prop up industry with tariffs and be competitive in the world. It’s a loser.

We dont have to sell consumer products to the world

Build consumer products in America for Americans and keep that money here where it belongs

Said no economist ever....

That’s similar to the USSR. How did that work out?

No, sez you and the globalists who count America as only one part of the league of nations

America is my first priority

Yes that’s how the USSR was. Again, how did that workout? Economists are all in agreement on this one. You are spouting some impressive stupidity. So steel is in bad shape and you think more bad would be better?

Economists agree that America is better off when every market in the world is dominated by products made in china?

I find that hard to believe

They agree that trade is good for obvious reasons. The OP is a great example of how trying to control trade doesn’t work. You want more failure?

 

[Mac-7]

We dont have to sell consumer products to the world

Build consumer products in America for Americans and keep that money here where it belongs

Said no economist ever....

That’s similar to the USSR. How did that work out?

No, sez you and the globalists who count America as only one part of the league of nations

America is my first priority

Yes that’s how the USSR was. Again, how did that workout? Economists are all in agreement on this one. You are spouting some impressive stupidity. So steel is in bad shape and you think more bad would be better?

Economists agree that America is better off when every market in the world is dominated by products made in china?

I find that hard to believe

They agree that trade is good for obvious reasons. The OP is a great example of how trying to control trade doesn’t work. You want more failure?

I have nothing against fair trade with non enemies

But the chinese are mercantilists who use trade as a weapon

 

[Brain357]

Said no economist ever....

That’s similar to the USSR. How did that work out?

No, sez you and the globalists who count America as only one part of the league of nations

America is my first priority

Yes that’s how the USSR was. Again, how did that workout? Economists are all in agreement on this one. You are spouting some impressive stupidity. So steel is in bad shape and you think more bad would be better?

Economists agree that America is better off when every market in the world is dominated by products made in china?

I find that hard to believe

They agree that trade is good for obvious reasons. The OP is a great example of how trying to control trade doesn’t work. You want more failure?

I have nothing against fair trade with non enemies

But the chinese are mercantilists who use trade as a weapon

They send us their resources for next to nothing. Your economics knowledge seems really limited...

 

[Mac-7]

No, sez you and the globalists who count America as only one part of the league of nations

America is my first priority

Yes that’s how the USSR was. Again, how did that workout? Economists are all in agreement on this one. You are spouting some impressive stupidity. So steel is in bad shape and you think more bad would be better?

Economists agree that America is better off when every market in the world is dominated by products made in china?

I find that hard to believe

They agree that trade is good for obvious reasons. The OP is a great example of how trying to control trade doesn’t work. You want more failure?

I have nothing against fair trade with non enemies

But the chinese are mercantilists who use trade as a weapon

They send us their resources for next to nothing. Your economics knowledge seems really limited...

No. China sends finished goods

China imports only raw material and exports as value added