The Trump Presidency (Act V - The One Where Everybody Dies)

Status
Not open for further replies.
Something just hit me?Who benefits from a trade war between The US and the EU with it's weakening of the West?
Hint:He lives in Moscow and his last name begins with P...
 
dudalb said:
EU announced there will be strong response to Truimp's Tariff moves...
Click to expand...

And Putin opens a round of champagne.

[x] Crater USA reputation with Joke President
[x] Sic Americans at each others' throats through online sock puppets and staged protests
[x] Weaken Western Economy with trade wars
[ ] Drag USA into land war in Asia
[ ] Annex Alaska
[ ] Marry Beyonce (she's so dreeeeamy!)
[ ] Drink Unicorn blood (note... google: do unicorns actually have blood?)
 
dudalb said:
EU announced there will be strong response to Truimp's Tariff moves...
Click to expand...

It's starting.

Sweden's Electrolux, Europe's largest home appliance maker, said on Friday it would delay a planned $250 million investment in Tennessee, after U.S. President Donald Trump announced tariffs on imported aluminum and steel.

On Thursday, Trump said the duties — 25 percent on steel imports and 10 percent on aluminum — would be formally announced next week, although White House officials later said some details still needed to be ironed out.

"We are putting it on hold. We believe that tariffs could cause a pretty significant increase in the price of steel on the U.S. market," Electrolux spokesman Daniel Frykholm said.
Click to expand...

Bush the Lesser tried this already and it blew up in his face because more people are employed making things from steel than are in steel manufacturing in America. I believe the US lost ~200,000 jobs due to his tariff over the year it was in effect.
 
Captain_Swoop said:
A Nebraska startup with 1 employee was awarded the first border wall contract. SWF Constructors is an offshoot of Coastal Environmental Group which has a history of not paying its subcontractors. The $11M contract was to replace 2 miles of a current fence.

https://apnews.com/0fc0013326ef4d2492b9db868992f5ac
Click to expand...
I read that AP article hoping to see they sussed out the links from the small company to the Administration.

No joy, but they do detail the four or five suits against them (over the past ~15 years) for stiffing subcontractors.
It reads like Donald's wank fiction. :(

Still hoping the connections are revealed soon. It's just like the Puerto Rico relief snafus... too much insider trading.
 
Last edited:
The irony of the steel/aluminum tariff is, most Republicans in Congress are very much opposed. Many of them had objected to the idea in previous policy meetings with The Dunce, urging Trump to forget it, and are angry that the prez would not only go ahead anyway but do it without forewarning the Republican leadership. As a bonus, Wall Street doesn't seem to like it either.

Trump’s announcement was met with a strong backlash from Republicans, who issued a steady stream of statements criticizing his decision. “Tariffs on steel and aluminum are a tax hike the American people don’t need and can’t afford,” Senate Finance Committee Chairman Orrin Hatch (R-Utah) said in a statement. Senate Agriculture Committee Chairman Pat Roberts (R-Kan.) called the plan “terribly counterproductive” and warned of retaliation that would likely target U.S. agricultural exports.

Wall Street also reacted negatively. The Dow Jones industrial average initially dropped more than 500 points before it began to win back some of the losses later in the afternoon. News link
Click to expand...
 
newyorkguy said:
The irony of the steel/aluminum tariff is, most Republicans in Congress are very much opposed. Many of them had objected to the idea in previous policy meetings with The Dunce, urging Trump to forget it, and are angry that the prez would not only go ahead anyway but do it without forewarning the Republican leadership. As a bonus, Wall Street doesn't seem to like it either.
Click to expand...

The GOP can legislate and stop it. Do you think they have the guts yet to defy Trumpy?
 
Status
Not open for further replies.

Back
Top Bottom