Woo--Hoo 500 jobs while killing the rest of the economy. Starting a trade war in the process.
Tariffs and taxes have never created a single job in this country, but they're great for job loss's. The offended country will always install their own tariffs on American products. Therefore skyrocketing prices to consumers. The Federal Reserve jumps in raises interest rates to combat inflation. Consumers tuck in on their spending & borrowing and then comes the
job layoffs--(across every industry.)
You have elected an ECONOMIC MORON!
The European Union has already responded to this tariff.
EU leader responds to Trump’s tariff plan: ‘We can also do stupid’
Canada
Five principles for a Canadian response to U.S. tariffs
What do you people think is going to happen to American exports? You know like General Motors, General Electric and every other corporation that exports products overseas, including lots of farmers?
Is 500 jobs that will dramatically slow down the economy worth it? Will there be any people left to buy steel after Trump is done?
The Great Depression Lesson About ‘Trade Wars’
Time for fair trade again. Time to help American Workers out for a change. When or if China, Europe, and others are willing to end their tariffs and restrictions, i'll be willing to talk again. Till then, it's time to revive our Steel Industry and other US industries that were decimated by the Globalists.
Those workers in steel using industries are Americans too. The consumers who will pay more are Americans too. You apparently want to screw those Americans.
When you start a trade war, everyone gets fucked including Steel workers dumbass. The European Union is already talking about putting tariffs on American products, you know like American cars, that use steel to manufacture cars. When American car makers sales drop off because of steel tariffs, they don't need that much steel anymore--and steel plants will start to layoff steel workers--and of course auto manufacturing will lose jobs.
Your new car will cost more. New construction will slow down, prices will go up on consumers. When prices go up consumers, consumers tuck in and don't spend as much and then we're back into another recession, and everyone is losing their jobs in all industries. Tariffs & taxes have never created a single job in this country, but they're great for job loss's.
We have a long--long history of knowing that.
Which is why everyone is against this, except the Ass Clown that is sitting in the Oval office. And he's only doing it, because he campaigned on it, and wants to throw a bone to steel workers while shoving a big stick up every other working American's dark spot.
Paul Ryan Speaks Out Against Trump's Tariffs
House Speaker Ryan opposes Trump's tariffs, warns of 'unintended consequences'
The European Union threatens to impose duties on U.S. peanut butter, cranberries and orange juice if President Trump imposes tariffs on steel and aluminum.EU Trade Commissioner Cecilia Malmstrom also says Brussels would take the U.S. tariff case to the World Trade Organization and would coordinate with other trade partners. (meaning they'll be buying products from other trading partners and not the U.S.)
EU threatens tariffs on US products like peanut butter as trade war escalates
The Smoot-Hawley Tariff and the Great Depression | Theodore Phalan, Deema Yazigi, Thomas Rustici
The Great Depression Lesson About ‘Trade Wars’
The Globalist Trade War against American Workers has been ongoing for decades. It's about time someone stood up for them. China, Europe, and others have been imposing tariffs and restrictions on US goods for many years. It's time for fair trade again.
Let's think about this a little farther than the tip of your nose. Let's say an American corporation like (Apple) produced another I-phone that everyone has just got to have. Every American in this country buys one. Is Apple supposed to close it's doors after every American has one?
Or do they sell this new product overseas so they can keep their doors open? To compete overseas on (price) a lot of U.S. corporations manufacture overseas due to lower costs. After all China employers are not paying payroll taxes that consists of social security/medicare, they're not paying unemployment insurance or workman's compensation insurance and health insurance. Making it much more affordable for manufacturing to go overseas--which also keep U.S. products AFFORDABLE to people who live in foreign countries. If all manufacturing was done here, someone in India or China would not be able to afford this new I-phone.
Now the benefit TO YOU of manufacturing American products overseas--is you can buy this new I-phone for a much better price than if everything was manufactured here. Imagine what you would be paying for new computers, cell phones, T.V's and all other electronics if everything was manufactured in this country? This includes every industry in this country including clothing, etc.
TRADE DEFICITS are nothing more than paper deficits. Smaller populated countries like Mexico & Canada are not going to buy two General Electric washing machines per family, or 5 American cars. We have a larger populated country & will buy more--simply because of our population, which creates this thing called a trade deficit. The ONLY country we should have a trade surplus with is China--because they are a larger population. Therefore,
every trade that the U.S. does is a SURPLUS trade. There is no such thing as a trade deficit--only to people who seriously do not understand the economy.
Tariffs & Taxes have created a single job in this country, but they are great for job loss's. The offended countries of tariffs will
ALWAYS tariff American products in return. Skyrocketing prices to the consumer (YOU.) When consumers have less money to spend they won't buy new cars, they won't buy homes, they won't go to the mall and pick up things they don't need.
They will only buy the necessities. When they tuck in on their spending employers aren't making money and the first ones to go are ALWAYS employees.
This is the global economy---class 101.
The Great Depression Lesson About ‘Trade Wars’
The Smoot-Hawley Tariff and the Great Depression | Theodore Phalan, Deema Yazigi, Thomas Rustici
So while Trump created 500 new steel jobs. Peter Pan, Skippy Peanut butter, Minute Maid orange juice & other manufacturers of Orange juice in this country along with Ocean Spray cranberries got kicked in the testicles by the European's tariff on these American products--in retaliation of Trump's steel tariff. So how many employees do you think these industries will be laying off?
EU threatens tariffs on US products like peanut butter as trade war escalates
You definitely don't want to be holding any futures in orange juice right now. How many jobs that's going to cost we don't know yet.
