President Trump announces new tariffs: 25% for steel, 10% for aluminum

[Moonglow]

In retaliation for Trump tariffs Europe will target U.S. bourbon, bikes, blue jeans


Europe has drawn up a list of U.S. products from bourbon to Harley Davidson motorbikes on which to apply tariffs if U.S. President Donald Trump follows through on a plan to impose global duties on aluminum and steel.…

But it's going to increase US jobs especially during the reduction in manufacturing due to tariff wars...

 

[TyroneSlothrop]

In retaliation for Trump tariffs Europe will target U.S. bourbon, bikes, blue jeans


Europe has drawn up a list of U.S. products from bourbon to Harley Davidson motorbikes on which to apply tariffs if U.S. President Donald Trump follows through on a plan to impose global duties on aluminum and steel.…

But it's going to increase US jobs especially during the reduction in manufacturing due to tariff wars...

No collusion - NO COLLUSION! Didn't collude. No collusion!

No Trade war NO TRADE WAR...didn't trade war ...you are the Trade war

 

[Moonglow]

I am just wondering what makes Trump more qualified to be president than a bum on the street? Just a billion dollars nothing else is different...

 

[william the wie]

If you haven't figured out Donald Trump's negotiation strategy yet, let me spell it out for you. His first move is ALWAYS over the top. That establishes a threshold from which he negotiates down giving his adversary the feeling they have won when he ends up getting the deal he wants.

Does this mean that we should all thank god that we can't believe a word he says?

No, what it means is he a brutally tough negotiator and understands the psychology of the deal better than anyone. We should all thank god he is negotiating on our behalf.

As in Far East steel makers with existing plants in the US skyrocketed last night on the news of the tariffs. Savings from Japan, China, South Korea will pay to build plant and equipment in the US to bypass the tariffs. Borrowing Yen at a slight premium to the BOJ's 0.11% interest rate and similar stories throughout the Far East means a lot ($1-10T) of construction wages each year until the foreign direct investment plays out and a wage annuity about 5x the investment paid by the rapidly aging Far East. True most of that construction will be done with even more heavily subsidized steel from Canada and Mexico until those countries run out of money/have a massive taxpayers revolt.Cry me a river about that too.

 

[Moonglow]

In retaliation for Trump tariffs Europe will target U.S. bourbon, bikes, blue jeans


Europe has drawn up a list of U.S. products from bourbon to Harley Davidson motorbikes on which to apply tariffs if U.S. President Donald Trump follows through on a plan to impose global duties on aluminum and steel.…

But it's going to increase US jobs especially during the reduction in manufacturing due to tariff wars...

No collusion - NO COLLUSION! Didn't collude. No collusion!

No Trade war NO TRADE WAR...didn't trade war ...you are the Trade war

That fat **** has been shooting people in the back since day one as president..He has been playing "drop a hint on your competition in corporate America"....Making values dive or rise according to his words that he utters....

 

[TyroneSlothrop]

In Retaliation for Trump's Plan, EU Leader Threatens Tariffs on Bourbon and Bluejeans
New York Times 39m ago
Trump steel tariffs: European Union gears up for trade war
BBC News 1h ago
Trump made tariff decision in a fit of anger: NBC News
CNBC 1h ago
Trump's 'Smart' Tariffs Don't Make Economic Sense
Featured The Atlantic 21h ago
Steel and Aluminum Jobs Don't Add Up to Much
Opinion Bloomberg 40m ago

 

[TyroneSlothrop]

In retaliation for Trump tariffs Europe will target U.S. bourbon, bikes, blue jeans


Europe has drawn up a list of U.S. products from bourbon to Harley Davidson motorbikes on which to apply tariffs if U.S. President Donald Trump follows through on a plan to impose global duties on aluminum and steel.…

But it's going to increase US jobs especially during the reduction in manufacturing due to tariff wars...

No collusion - NO COLLUSION! Didn't collude. No collusion!

No Trade war NO TRADE WAR...didn't trade war ...you are the Trade war

That fat **** has been shooting people in the back since day one as president..He has been playing "drop a hint on your competition in corporate America"....Making values dive or rise according to his words that he utters....

Crazy Orange Lard ass is gonna crash America
10m agoTrump's Steel, Aluminum Tariffs Could Raise Car, Beer And Candy Prices
NPR 37m ago
Trump's newest economic move could cause the price of everything from cars to beer to rise
Markets Insider 24m ago

 

[Moonglow]

If you haven't figured out Donald Trump's negotiation strategy yet, let me spell it out for you. His first move is ALWAYS over the top. That establishes a threshold from which he negotiates down giving his adversary the feeling they have won when he ends up getting the deal he wants.

Does this mean that we should all thank god that we can't believe a word he says?

No, what it means is he a brutally tough negotiator and understands the psychology of the deal better than anyone. We should all thank god he is negotiating on our behalf.

As in Far East steel makers with existing plants in the US skyrocketed last night on the news of the tariffs. Savings from Japan, China, South Korea will pay to build plant and equipment in the US to bypass the tariffs. Borrowing Yen at a slight premium to the BOJ's 0.11% interest rate and similar stories throughout the Far East means a lot ($1-10T) of construction wages each year until the foreign direct investment plays out and a wage annuity about 5x the investment paid by the rapidly aging Far East. True most of that construction will be done with even more heavily subsidized steel from Canada and Mexico until those countries run out of money/have a massive taxpayers revolt.Cry me a river about that too.

Tell that to the US gaming industry that died many years ago due to Japan subsidizing the industry driving all US companies out of business in the 1990's...Same with the animation industry....

 

[Moonglow]

In retaliation for Trump tariffs Europe will target U.S. bourbon, bikes, blue jeans


Europe has drawn up a list of U.S. products from bourbon to Harley Davidson motorbikes on which to apply tariffs if U.S. President Donald Trump follows through on a plan to impose global duties on aluminum and steel.…

But it's going to increase US jobs especially during the reduction in manufacturing due to tariff wars...

No collusion - NO COLLUSION! Didn't collude. No collusion!

No Trade war NO TRADE WAR...didn't trade war ...you are the Trade war

That fat **** has been shooting people in the back since day one as president..He has been playing "drop a hint on your competition in corporate America"....Making values dive or rise according to his words that he utters....

Crazy Orange Lard ass is gonna crash America
10m agoTrump's Steel, Aluminum Tariffs Could Raise Car, Beer And Candy Prices
NPR 37m ago
Trump's newest economic move could cause the price of everything from cars to beer to rise
Markets Insider 24m ago

He seeks to return to policies that were abandoned because the people abandoned them to increase trade......Something his negotiating skills has overlooked...

 

[The Sage of Main Street]

Yeah, all we have to do is look around our homes to see how many things we count on to live are made with steel or aluminum and their bi-products. The list is never ending. Not to mention the things we buy that come packaged in those materials and we just dispose of like cans etc. The idea that trump sees this as a way to leverage China is ludicrous.

Especially since we get next to none of our steel from China. Trump just declared a trade war with Canada and Brazil and is too stupid to know it.

Yeah, but is this just another bad idea from him ad hoc or is there something of personal value for him in this move? With Trump, it's always a factor. I'm sure the press will weed it out. Thank goodness for the fourth estate. He tries every day to disgrace them and to erode people's confidence in them but they keep pluggin' along. In the end they will play a pivotal role in his downfall. He can hate on them all he wants and it only serves to strengthen their resolve. Same is true of Mueller and his team. I just hope moves like this latest blunder won't take us all down first. Stupid ass. "Let's alienate all of our allies!"

The Gushers Will Become Tricklers

If they continue with their snooty anti-Americanism, soon jurinalists won't have a pot to piss in.

 

[TyroneSlothrop]

Yeah, all we have to do is look around our homes to see how many things we count on to live are made with steel or aluminum and their bi-products. The list is never ending. Not to mention the things we buy that come packaged in those materials and we just dispose of like cans etc. The idea that trump sees this as a way to leverage China is ludicrous.

Especially since we get next to none of our steel from China. Trump just declared a trade war with Canada and Brazil and is too stupid to know it.

Yeah, but is this just another bad idea from him ad hoc or is there something of personal value for him in this move? With Trump, it's always a factor. I'm sure the press will weed it out. Thank goodness for the fourth estate. He tries every day to disgrace them and to erode people's confidence in them but they keep pluggin' along. In the end they will play a pivotal role in his downfall. He can hate on them all he wants and it only serves to strengthen their resolve. Same is true of Mueller and his team. I just hope moves like this latest blunder won't take us all down first. Stupid ass. "Let's alienate all of our allies!"

The Gushers Will Become Tricklers

If they continue with their snooty anti-Americanism, soon jurinalists won't have a pot to piss in.

Piss on crazy Orange Ivan Trump
For a businessman, he has no idea how the market works. ~ Amy R


Stock market drops after Trump announces tariffs
The Dow declined nearly 400 points on Thursday after President Trump said his administration will impose tariffs on steel and aluminum imports next move.
money.cnn.com

 

[Moonglow]

I just love the higher gas prices from the Trumpgas era..It has been announced get ready for higher gas prices.. Trump also wants to increase taxes and/or a mileage charge for taxation...Tax cuts my ass...Never has been a federal income tax cut without taxes and fees being raised in sectors termed as silent taxes...

 

[Moonglow]

Yeah, all we have to do is look around our homes to see how many things we count on to live are made with steel or aluminum and their bi-products. The list is never ending. Not to mention the things we buy that come packaged in those materials and we just dispose of like cans etc. The idea that trump sees this as a way to leverage China is ludicrous.

Especially since we get next to none of our steel from China. Trump just declared a trade war with Canada and Brazil and is too stupid to know it.

Yeah, but is this just another bad idea from him ad hoc or is there something of personal value for him in this move? With Trump, it's always a factor. I'm sure the press will weed it out. Thank goodness for the fourth estate. He tries every day to disgrace them and to erode people's confidence in them but they keep pluggin' along. In the end they will play a pivotal role in his downfall. He can hate on them all he wants and it only serves to strengthen their resolve. Same is true of Mueller and his team. I just hope moves like this latest blunder won't take us all down first. Stupid ass. "Let's alienate all of our allies!"

The Gushers Will Become Tricklers

If they continue with their snooty anti-Americanism, soon jurinalists won't have a pot to piss in.

Piss on crazy Orange Ivan Trump
For a businessman, he has no idea how the market works. ~ Amy R


Stock market drops after Trump announces tariffs
The Dow declined nearly 400 points on Thursday after President Trump said his administration will impose tariffs on steel and aluminum imports next move.
money.cnn.com

How about the bond markets reaction to Trump's tariff announcement?

U.S. government bonds rallied Thursday after President Donald Trump announced he would impose tariffs on imports of steel and aluminum, which investors said could curb economic growth.

The yield on the benchmark 10-year U.S. Treasury note posted its biggest one-day decline since Sept. 5 to 2.802% from 2.870% Wednesday. Yields fall as bond prices rise.

U.S. Government Bonds Surge on Trump Tariffs

Don't worry folks, nothing to see here, just Trump working his magic...

 

[Harpy Eagle]

Yeah, all we have to do is look around our homes to see how many things we count on to live are made with steel or aluminum and their bi-products. The list is never ending. Not to mention the things we buy that come packaged in those materials and we just dispose of like cans etc. The idea that trump sees this as a way to leverage China is ludicrous.

Especially since we get next to none of our steel from China. Trump just declared a trade war with Canada and Brazil and is too stupid to know it.

Yeah, but is this just another bad idea from him ad hoc or is there something of personal value for him in this move? With Trump, it's always a factor. I'm sure the press will weed it out. Thank goodness for the fourth estate. He tries every day to disgrace them and to erode people's confidence in them but they keep pluggin' along. In the end they will play a pivotal role in his downfall. He can hate on them all he wants and it only serves to strengthen their resolve. Same is true of Mueller and his team. I just hope moves like this latest blunder won't take us all down first. Stupid ass. "Let's alienate all of our allies!"

The Gushers Will Become Tricklers

If they continue with their snooty anti-Americanism, soon jurinalists won't have a pot to piss in.

Piss on crazy Orange Ivan Trump
For a businessman, he has no idea how the market works. ~ Amy R


Stock market drops after Trump announces tariffs
The Dow declined nearly 400 points on Thursday after President Trump said his administration will impose tariffs on steel and aluminum imports next move.
money.cnn.com

As of right now, the down is down 631 points since the Trump tariff announcement.

 

[Moonglow]

So those little bonuses and wage increases of less than one percent are not going to go very far...

 

[Moonglow]

The right seems oddly silent after what the president did for gun control and the tariff....

 

[Sahba]

Trump thinks tariffs are helping US steel, which it does as a 'protected chosen winner' amongst all us consumer who are now 'picked loosers' & forced to spend more for every product and service that is remotely related to steel and aluminum. The real hum dinger is that we have a long history of tariffs in this country, picking winners and loosers & in every case it has hurt the consumer public.

 

[TyroneSlothrop]

Yeah, all we have to do is look around our homes to see how many things we count on to live are made with steel or aluminum and their bi-products. The list is never ending. Not to mention the things we buy that come packaged in those materials and we just dispose of like cans etc. The idea that trump sees this as a way to leverage China is ludicrous.

Especially since we get next to none of our steel from China. Trump just declared a trade war with Canada and Brazil and is too stupid to know it.

Yeah, but is this just another bad idea from him ad hoc or is there something of personal value for him in this move? With Trump, it's always a factor. I'm sure the press will weed it out. Thank goodness for the fourth estate. He tries every day to disgrace them and to erode people's confidence in them but they keep pluggin' along. In the end they will play a pivotal role in his downfall. He can hate on them all he wants and it only serves to strengthen their resolve. Same is true of Mueller and his team. I just hope moves like this latest blunder won't take us all down first. Stupid ass. "Let's alienate all of our allies!"

The Gushers Will Become Tricklers

If they continue with their snooty anti-Americanism, soon jurinalists won't have a pot to piss in.

Piss on crazy Orange Ivan Trump
For a businessman, he has no idea how the market works. ~ Amy R


Stock market drops after Trump announces tariffs
The Dow declined nearly 400 points on Thursday after President Trump said his administration will impose tariffs on steel and aluminum imports next move.
money.cnn.com

As of right now, the down is down 631 points since the Trump tariff announcement.

winning

 

[bripat9643]

If you haven't figured out Donald Trump's negotiation strategy yet, let me spell it out for you. His first move is ALWAYS over the top. That establishes a threshold from which he negotiates down giving his adversary the feeling they have won when he ends up getting the deal he wants.

Does this mean that we should all thank god that we can't believe a word he says?

No, what it means is he a brutally tough negotiator and understands the psychology of the deal better than anyone. We should all thank god he is negotiating on our behalf.

As in Far East steel makers with existing plants in the US skyrocketed last night on the news of the tariffs. Savings from Japan, China, South Korea will pay to build plant and equipment in the US to bypass the tariffs. Borrowing Yen at a slight premium to the BOJ's 0.11% interest rate and similar stories throughout the Far East means a lot ($1-10T) of construction wages each year until the foreign direct investment plays out and a wage annuity about 5x the investment paid by the rapidly aging Far East. True most of that construction will be done with even more heavily subsidized steel from Canada and Mexico until those countries run out of money/have a massive taxpayers revolt.Cry me a river about that too.

Tell that to the US gaming industry that died many years ago due to Japan subsidizing the industry driving all US companies out of business in the 1990's...Same with the animation industry....

I never realized that all the casinos in Vegas had shut down.

 

[TyroneSlothrop]

The right seems oddly silent after what the president did for gun control and the tariff....

Imagine having to defend Crazy Orange Ivan LOL
Take a peek at this slack jaw drooler
During an interview on Thursday’s edition of Fox & Friends, Rep. Louie Gohmert (R-TX) suggested that former FBI director Jim Comey’s harsh treatment of Hillary Clinton in the weeks leading up to the 2016 election is evidence that he was actually in the bag for her.