2002 United States steel tariff
en.wikipedia.org
On March 5, 2002, U.S. President George W. Bush placed tariffs on imported steel. The tariffs took effect March 20 and were lifted by Bush on December 4, 2003. Research shows that the tariffs adversely affected US GDP and employment.
Why repeat it? Is he retarded? A lot people are freaking out, it's won't have a huge impact that people are implying but it's retarded.
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4D chess, it'll work
Alienating a country that owns most of your debt isn't a good idea.
Because the goal isn't to help employment but reduce crimes of all kinds committed by drunks.
4D chess, boys.
Who? Canada?
china owns about 5% of the debt, it's mostly held by US citizens
trade wars are about psychology more than anything. Bush was a cuck and Trump's an absolute madman who was able to bring Kim Jong Un to the table. expect a similar outcome with this. I'm not even worried.
china needs the united states more than the states need them. Who else will buy all there shit?
europe
It's a move to appease the Chads voting for him. Also, guy is too dumb to understand what he's doing.
there used to be tarrifs on everything even 20 years ago, since they removed them the west has been in economic decline, you say the tariffs in 2002 adversely affected US GDP and employment, from what to what? 96% employment to 94% in one industry? and now the economy as a whole is at like 70% because the drawbacks of removing tarrifs far outweigh the rewards across the economy as a whole. don't believe "statistics" cooked up by globalist jews.
At the very least, he's smarter than you who's still trying to "make it big" with crypto.
>guy is too dumb to understand what he's doing.
and u bought it, hook line and sinker. why do u think the msm keeps getting btfo? he's not a genius, but he's obviously not the brainlet they make him out to be, and he plays them like a harp from hell.
>t. Cobblepot
I hope you Trumpanzees realize your president is playing right into the hands of the North Koreans. The fact of the matter is they know how to manipulate his ego.
It's optics. He knows workers don't understand trade. He knows workers who's industries depend on cheap steal don't understand trade. And he knows workers who consome products made with cheap steel don't understand trade. He invites some steel plant workers to the white house and everyone at home thinks that's them and they're being helped by raising the price on something we were choosing to buy.
Literally isn't debt if they're no longer friendly
>Beat 14 career Republican politicians
>Beat THE career politician
>Discredited and vilified daily by the MSM
>Forced thru his Supreme Court justice
>Poison pilled DACA, making libs look treasonous and petty
>Poison pilled gun control, making libs look treasonous and petty
>Growing the economy with tax reform
>Building wall
>Pushing in ISIS' shit
>Making Best Korea blink
all this and more while grabbing pussies with both hands...
Yes Drumph is truly too dumb.
Yes, he is retarded. Simple as that.
daily reminder that the US government made 95% of its wealth through trade tariffs prior to 1913
and then the federal reserve was implemented, and they went to taxing you instead
figure that shit out on your own
>prior to 1913
LOL
>Who else will buy all there shit?
They've been pumping billions into this over the last few years. It's going to be pretty huge when it's finished. Still, bad trade relations help nobody
i'm usually anti-globalist, but I unironically support boycotts of and regime change in China
LOL
when people say they think he's retarded all they are saying is that they are fucking morons and lack the ability to reason beyond a 6 year old
He literally has no idea what he's doing. It's like if you put a kid into the driver's seat of heavy machinery and turned him loose, but instead it's the most powerful country in the world.
Do you find people not listening to you to be a recurring thing in your life? It's because you're a soy guzzling beta and no one respects you.
True. Career politicians have many skills that make them qualified to run a country. Expert liars, adept bribe takers, a complete lack of care for the American people (thereby making them immune to feeling bad when they fuck over their constituents).
A very adept comparison (you)’ve made there boss.
LOL, that sounds like how no one listens to your orange ape overlord, faggot.
>Korea is now a master of 4d chess
W E W L A D
if Obongo was in charge and this was happening he would be getting a second Nobel peace prize. Stay salty libcucks
just how assblasted are you queers that the guy won? apparently very
>that sounds like how no one listens to your orange ape overlord
Man got elected president you fucking mongrel
Trump has 2 goals:
Protect the American steel industry.
Negotiate new treaties.
This forced countries to either:
Talk to Trump for a new treaty.
Go into a trade war. And make the relations between countries even worse.
For Americans steel will become more expensive, regardless what happens. So chances are that while the steel industry gets aided, all other parties in America will pay the price for it.
Anything retarded he does is a negotiating tactic.
If the pilots were nosediving and insisting everything is fine, I'd vote yes.
youtube.com
When the US barely makes anything domestically, a trade war will be pure suffering for the average consumer to start and then will have lingering effects on purchasing power even as domestic industries spring up again.
Holy shit. You are so fucking dumb do you need to consciously remember to breathe?
>When the US barely makes anything domestically
Nigga you are fucking stupid, how the fuck you even managed to type that post and post it is astounding
This isnt the reason china needs the US, the whole world buys chinese products and uses china for cheap labour, china will be ok in that aspect, the reason china needs US to stay successful is because the us had tricked china into lending the US trillions, chinese being as greedy as they are couldnt resist, now us is in a position where it is in the worlds best interest for the US to stay afloat and repay their debts, otherwise the rest of the world will suffer from losing money.
If you had a friend who borrowed a substantial amount of money from you, you would want them to have a sustainable income until they pay you back because you have risked your own money, this is what is happening.
> Trump cabinet filled with bankers and economist
> Biz filled with autist and neets
Whoms be smarter?
ShareBlue plz go, this is just leverage/posturing
>democracy is bad
Back to Best Korea with you.
Ill pay a little more to get US steel workers off opioids and back to work instead of letting Jews get rich of Chinese slave labor
Only 2% of chinese steel ends up in the US though.
>china needs the united states more than the states need them
If americans were willing to up their cost of living for the sake of helping fellow workers they'd have done that already. You only care about this in the abstract, you're more than happy to go the local Walmart for the cheap chink shit without a second thought. Good luck with that.
And the US economy has been much better since they eliminated this.
This is mainly an attack on Canada to make it drop supply management (it won't).
ITT
>meme actions
catering to his voterbase of economic autists
That’s when the jews took over and started ruining the country. Learn some history faggot
europe and the rest of the world, stop implying epicenter, the world is shaking hands while america has vaginal spergings right now
Neither is letting that same country out price you on steel if relations go bad. It makes the US look weak and gives it less leverage for negotiations.
He doesn't even know how the EU works, he unironically implies some EU countries may try to ask for better tariffs. This guy is a macroeconomical 0.
China doesn't even want to make shit anymore, they are preparing to transition into a consumption economy in the next 20 years. Look up one belt one road initiative.
This user gets it.
american arrogance will make them miss out the next century
This.
Trump and Bush are doing it for the same reason you dumb faggot
PREPARING. FOR. WAR.
>When the US barely makes anything domestically
Fr nig?
Kek!!
Veeky Forums assblasted libs like
Canada and Mexico are excluded
> learn to read about that your going to shit on
>he doesn't speaky the english
underrated
underrated
Jesus.....this one hurt me a bit
That's because it's a way to dismantle the EU.
>i can save you from the browns, but first you have to stop sucking merkle's dick
creation of federal reserve
woodrow wilson was a 33rd degree freemason