StPaulHusker Posted June 26, 2018 Share Posted June 26, 2018 Again, whoops!! https://www.msn.com/en-us/news/us/the-first-layoffs-from-trump’s-tariffs-are-here/ar-AAza55V?li=BBnb7Kz A little back story to this company. They have been filing Anti-dumping lawsuits against several countries for the last 10 years in order to be competitive with American made nails. Some they were successful. Some not so much. But now what Trump has done is lead them on the path to going out of business. All that work for nothing. Link to comment
Moiraine Posted June 26, 2018 Share Posted June 26, 2018 I wonder if Trump ever considered subsidies instead. American subsidies on corn is what put millions of Mexican farmers out of business in the 90s after NAFTA took effect. Anyhow, my argument has always been that it's too late to save American steel/aluminum manufacturing or return it to what it was, and we don't necessarily need to do that in the first place. It could eventually pay off after several years but I don't know whether we can weather those years. 1 Link to comment
StPaulHusker Posted June 26, 2018 Share Posted June 26, 2018 11 minutes ago, Moiraine said: I wonder if Trump ever considered subsidies instead. American subsidies on corn is what put millions of Mexican farmers out of business in the 90s after NAFTA took effect. Anyhow, my argument has always been that it's too late to save American steel/aluminum manufacturing or return it to what it was, and we don't necessarily need to do that in the first place. It could eventually pay off after several years but I don't know whether we can weather those years. It likely could make a stable comeback. But implementing tariffs on foreign produced steel from the jump isn't going to work because several manufacturing places need it to continue operating until American made steel could possibly keep up with demand. 1 Link to comment
BigRedBuster Posted June 26, 2018 Author Share Posted June 26, 2018 10 minutes ago, StPaulHusker said: It likely could make a stable comeback. But implementing tariffs on foreign produced steel from the jump isn't going to work because several manufacturing places need it to continue operating until American made steel could possibly keep up with demand. Exactly. American made steel isn't going to make a major come back if the customers who use the steel have gone out of business or moved it to other parts of the world where they can get the steel cheeper. It's absolutely idiotic to put a tariff on raw materials. It is so counter productive that it proves these people have no clue what they are doing. Link to comment
commando Posted June 26, 2018 Share Posted June 26, 2018 3 hours ago, TGHusker said: More on the above, now Trump attacks Harley for moving production overseas and accuses the company of using tariffs as an excuse. The threatens them with taxes https://www.yahoo.com/news/trump-denies-hes-blame-harley-115823789.html where are the videos of trumpers taking sledge hammers to their harleys? 5 Link to comment
BigRedBuster Posted June 26, 2018 Author Share Posted June 26, 2018 1 hour ago, commando said: where are the videos of trumpers taking sledge hammers to their harleys? Oooohhh....Ouch. Link to comment
BigRedBuster Posted June 27, 2018 Author Share Posted June 27, 2018 This is WAR!!!!!!!! Link to comment
TheSker Posted June 27, 2018 Share Posted June 27, 2018 44 minutes ago, BigRedBuster said: This is WAR!!!!!!!! I drink a local Colorado brand of whiskey. Price hasn't gone up. Link to comment
commando Posted June 27, 2018 Share Posted June 27, 2018 55 minutes ago, BigRedBuster said: This is WAR!!!!!!!! this is trumps america. time to switch to vodka!!! Link to comment
Moiraine Posted June 27, 2018 Share Posted June 27, 2018 1 hour ago, TheSker said: I drink a local Colorado brand of whiskey. Price hasn't gone up. They're actually only increasing prices in the EU, by 10%. Link to comment
TGHusker Posted June 27, 2018 Share Posted June 27, 2018 Good article and good suggestions on how to fix trade wtout the tarriffs. Trump went nuclear when he could have implemented a multifaceted approach. But that would have taken "LEADERSHIP" https://www.yahoo.com/finance/news/6-ways-fix-trade-without-trump-tariffs-201943209.html 1 Link to comment
Danny Bateman Posted June 28, 2018 Share Posted June 28, 2018 This is by far the stupidest timeline. Link to comment
BigRedBuster Posted June 28, 2018 Author Share Posted June 28, 2018 Thou shalt not say or do anything to shame Putin the Great. 1 Link to comment
BigRedBuster Posted June 28, 2018 Author Share Posted June 28, 2018 And...I just want to point out...the Great Orange Man still hasn't gone to visit Great Britain. Remember??? One of our oldest and best allies? Link to comment
BigRedBuster Posted June 29, 2018 Author Share Posted June 29, 2018 I just don’t get it. 1 Link to comment
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