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

[JusticeHammer]

Everything Donald Trump has touched since January 2017 has turned brown and smelly.

Donald Trump levied tariffs on steel to create more jobs in the steel industry. However, the steel industry has lost jobs and is closing steelworks.

On top of that, steel prices went up to other US manufacturers who are now paying more for steel which has contributed to the downturn in US industries that use steel.

The negative effects of Donald Trump's tariffs prove that tariffs do not create jobs, they just raise prices and reduce demand.

"Trump repeatedly promised he would revive the steel industry through trade war measures primarily aimed at imports from China and Europe. The expectation of the tariffs and the tariffs themselves sent stock prices up in anticipation of huge profits. However, the protectionist measures have had the opposite effect."

Let us pray that Donald Trump's damage to the US and world economy is only temporary and will recover after Donald Trump's impeachment and expungement.

Steel layoffs in US mount due to falling production and trade war

Not Trump's fault. The pandemic and Biden are to blame. Stupid lib.

 

[beautress]

As he did w/farmers

subsequently subsidizing them

The Trump Administration Will Pay Farmers $16 Billion for Its Trade War

'effin clown....

~S~

Let's do a little math:

Trump
$95____________
$12,000,000,000

Biden

$......X______________
$15,000,000,000,000

Where is Toddsterpatriot when you need a fiscal genius?

 

[Mac-7]

China uses everything possible to get their own way. They are determined, and dishonest. The ends always justify the means.

Right now, they’re trying to convince you people that democracy doesn’t work. And the Republican Party in the United States of America is enthusiastically endorsing that notion.

Yes, chinese subversion of the American way is a problem

Their infection of universities through greedy academics is a threat

But I imagine you have the same unhealthy chinese influence in canada

Which is what you should be paying attention to instead of poking your nose into America

 

[themirrorthief]

Everything Donald Trump has touched since January 2017 has turned brown and smelly.

Donald Trump levied tariffs on steel to create more jobs in the steel industry. However, the steel industry has lost jobs and is closing steelworks.

On top of that, steel prices went up to other US manufacturers who are now paying more for steel which has contributed to the downturn in US industries that use steel.

The negative effects of Donald Trump's tariffs prove that tariffs do not create jobs, they just raise prices and reduce demand.

"Trump repeatedly promised he would revive the steel industry through trade war measures primarily aimed at imports from China and Europe. The expectation of the tariffs and the tariffs themselves sent stock prices up in anticipation of huge profits. However, the protectionist measures have had the opposite effect."

Let us pray that Donald Trump's damage to the US and world economy is only temporary and will recover after Donald Trump's impeachment and expungement.

Steel layoffs in US mount due to falling production and trade war

is trump still president i thought old senile mega racist biden was in office