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(Bloomberg)   EU to Trump: "Bring it"   ( bloomberg.com) divider line
    More: Interesting, bourbon whiskey, European Union, President Donald Trump, European Commission, percent tit-for-tat levy, targeted U.S. goods, key Republican constituencies, iconic U.S. brands  
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4018 clicks; posted to Politics » on 07 Mar 2018 at 1:20 PM (32 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2018-03-07 01:08:46 PM  
There's only going to be one loser in this trade war. Everyone.
 
2018-03-07 01:19:53 PM  
Paul Ryan, Republican speaker of the House of Representatives, comes from the same state -- Wisconsin -- where motorbike maker Harley-Davidson Inc. is based....Bourbon whiskey hails from Senate Majority Leader Mitch McConnell's home state of Kentucky.

Thoughts and prayers for this tragedy. If only there were something you could do.  Oh well.
 
2018-03-07 01:21:51 PM  

EvilEgg: There's only going to be one loser in this trade war. Everyone.


If Trump can't even describe what a win would look like, failure is certain.
 
2018-03-07 01:22:46 PM  

EvilEgg: There's only going to be one loser in this trade war. Everyone.


Not everyone.
i0.kym-cdn.comView Full Size
 
2018-03-07 01:25:17 PM  
The ire will be directed at Europe instead of where it belongs.
 
2018-03-07 01:27:40 PM  
Tired of winning?
 
2018-03-07 01:27:45 PM  

walkerhound: The ire will be directed at Europe instead of where it belongs.


The Democrats?
 
2018-03-07 01:27:47 PM  
With Cohn out, there doesn't seem to be anyone to reign Trump in on trade.  Trump seems to firmly believe that trade deficits are worse than no trade at all, and that he can just stamp his feet and they will go away.

We are at high risk of the NAFTA talks failing if Canada and Mexico aren't excluded from the tariffs, and then Trump withdrawing from NAFTA once the talks fail, and Trump thinks that is a good thing.

We are at high risk of the EU retaliating with tariffs of their own, which Trump will respond to, etc.  Which Trump thinks is a good thing, as he thinks the EU is taking advantage of us.

We are at high risk of Trump expanding his attacks on trade by going after China.  Trump says he is issuing demands to them to reduce their deficit or else.

Trump doesn't seem to know or care how much of the economy is impacted by imports and exports (27% according to the World Bank), and how risky his words and actions are.
 
2018-03-07 01:28:29 PM  

mrshowrules: EvilEgg: There's only going to be one loser in this trade war. Everyone.

If Trump can't even describe what a win would look like, failure is certain.


Outside of the EC mess, when has Trump "won" anything by his own abilities and merits?
 
2018-03-07 01:28:56 PM  

mrshowrules: EvilEgg: There's only going to be one loser in this trade war. Everyone.

If Trump can't even describe what a win would look like, failure is certain.


No need to be so verbose.
 
2018-03-07 01:29:38 PM  
as a guy who works for a company with US and UK offices that work together, i have no idea how this affects us, but i suspect the words from the C-Suite will not be good
 
2018-03-07 01:29:57 PM  
Let me guess, the EU is a bunch of """Deep State""" agents planted by Obummer to stiggit to those super-duper American, patriotic heartland states?
 
2018-03-07 01:30:00 PM  
Russia comes out way ahead. It's sort of like the US is putting sanctions on everyone, including themselves.

Canada's going to get the worst of this. US is Canada's biggest market, Trump says the US is running a trade deficit with Canada but he's a lying fark it's a surplus, we ate all kinds of shiat to get the Free Trade deal (pre-NAFTA), And now you treat your friends like this.

I win, because I get to pull the "I told you so" card with my conservative countrymen. Also a bunch of lying farks.
 
2018-03-07 01:30:13 PM  
If I was cynical I would think that this trade war that Trump is dead set on creating is a distraction from the mounting scandals that are rocking his administration. I would think that it would give Fox News something to report that didn't end up showing how blatantly corrupt and incompetent Trump is. I would also think that Trump wants a war to dominate the news and the only war that he can start at this point is a trade war.

Cynical me thinks that Trump believes starting a trade war makes him a war president.
 
2018-03-07 01:30:28 PM  
I wish someone would shoot the damn hostage already and get this standoff over with.
 
2018-03-07 01:30:56 PM  

SomeAmerican: With Cohn out, there doesn't seem to be anyone to reign Trump in on trade.  Trump seems to firmly believe that trade deficits are worse than no trade at all, and that he can just stamp his feet and they will go away.

We are at high risk of the NAFTA talks failing if Canada and Mexico aren't excluded from the tariffs, and then Trump withdrawing from NAFTA once the talks fail, and Trump thinks that is a good thing.

We are at high risk of the EU retaliating with tariffs of their own, which Trump will respond to, etc.  Which Trump thinks is a good thing, as he thinks the EU is taking advantage of us.

We are at high risk of Trump expanding his attacks on trade by going after China.  Trump says he is issuing demands to them to reduce their deficit or else.

Trump doesn't seem to know or care how much of the economy is impacted by imports and exports (27% according to the World Bank), and how risky his words and actions are.


the idiot firmly believes protectionist nationalist racist policies are good
 
2018-03-07 01:31:46 PM  
*sighs*
 
2018-03-07 01:32:25 PM  
When a country buys a lot more stuff than it needs imports a necessary.
 
2018-03-07 01:32:34 PM  
As far as distraction wars go, this is the preferable type.
 
2018-03-07 01:32:58 PM  
Interdasting.

The proposed EU tariffs seem to be targeting non-essential items (consumer goods) so consumers have the option to simply not buy the item as opposed to US industrial consumers which may have to gulp and pay the tariff on Canadian steel/aluminium because they have no choice if they want to keep using the same quantity / quality / format of input product.
 
2018-03-07 01:33:16 PM  

SomeAmerican: Trump doesn't seem to know or care how much of the economy is impacted by imports and exports (27% according to the World Bank), and how risky his words and actions are.


His entire presidency can basically be boiled down to this, regardless of the topic.
 
2018-03-07 01:33:50 PM  
He doesn't give a single shiat about the American steel industry, only about turning out his base in PA-15 next week. Trump swept the district by 20 points in 2016, and losing it would be an embarrassing harbinger 2018 outcomes in the Rust Belt.

This man will raise prices for all consumers while doing very little to support the domestic steel industry, all because he wants to brag on Twitter next week about his silent "majority".
 
2018-03-07 01:34:00 PM  

walkerhound: The ire will be directed at Europe instead of where it belongs.


Well yeah, I mean they do have an entire country dedicated to it.
 
2018-03-07 01:34:49 PM  
I have been expecting trade sanctions against the US since day one of this Dumpster Fire, and I shall remain consistent in saying we damned well deserve it.
 
2018-03-07 01:35:03 PM  
Can the EC just impose tariffs whenever they want?  Does the executive branch know?

/That is one adroit mutherfarker you have in charge
 
2018-03-07 01:35:50 PM  
ihaveaGED: He doesn't give a single shiat about the American steel industry, only about turning out his base in PA-158 next week. Trump swept the district by 20 points in 2016, and losing it would be an embarrassing harbinger 2018 outcomes in the Rust Belt.

This man will raise prices for all consumers while doing very little to support the domestic steel industry, all because he wants to brag on Twitter next week about his silent "majority".

FTFM.

All of this hypocrisy about free trade is making my pig iron boil.
 
2018-03-07 01:36:35 PM  
EU is really getting beleaguered from all sides, from within and without and from east to west. They really don't need this headache. I can see the EU parliament wanting to negotiate their way out of potential tariffs.
 
2018-03-07 01:36:47 PM  

SomeAmerican: With Cohn out, there doesn't seem to be anyone to reign Trump in on trade.  Trump seems to firmly believe that trade deficits are worse than no trade at all, and that he can just stamp his feet and they will go away.

We are at high risk of the NAFTA talks failing if Canada and Mexico aren't excluded from the tariffs, and then Trump withdrawing from NAFTA once the talks fail, and Trump thinks that is a good thing.

We are at high risk of the EU retaliating with tariffs of their own, which Trump will respond to, etc.  Which Trump thinks is a good thing, as he thinks the EU is taking advantage of us.

We are at high risk of Trump expanding his attacks on trade by going after China.  Trump says he is issuing demands to them to reduce their deficit or else.

Trump doesn't seem to know or care how much of the economy is impacted by imports and exports (27% according to the World Bank), and how risky his words and actions are.


"Trump doesn't seem to know" might as well be the motto of this administration.
 
2018-03-07 01:36:52 PM  

EvilEgg: There's only going to be one loser in this trade war. Everyone.


I guess Trump is finally bringing people together
 
2018-03-07 01:36:57 PM  

SoCalChris: SomeAmerican: Trump doesn't seem to know or care how much of the economy is impacted by imports and exports (27% according to the World Bank), and how risky his words and actions are.

His entire presidency can basically be boiled down to this, regardless of the topic.


Shiat like this is why you want experienced "career politicians" and not a random moran with all his experience in one or two areas of the private sector.
 
2018-03-07 01:39:07 PM  
On the one had, it will be somewhat pleasant to witness the reverse-stigginit stuck to common-clay "heartland" morons first.  On the other, the dumpster fire will spread.
 
2018-03-07 01:39:24 PM  
Stupid.  The head of the EU (rightfully) called him and his tariffs stupid.
 
2018-03-07 01:41:37 PM  
But I was told that trade wars are good and easy to win. Surely the person who tweeted this statement isn't a liar and/or a moron!
 
2018-03-07 01:43:29 PM  
Grift Big or go home.
 
2018-03-07 01:45:08 PM  
Just more of the world trying to advantage of America. It's been unfair for so long and we FINALLY have a strong leader that will put America first. It's too bad everyone just wants to bow to other countries like Obama. When the clean coal fired steel plants start opening again you'll all look like fools.

/MAGA!
 
2018-03-07 01:45:18 PM  

patrick767: But I was told that trade wars are good and easy to win. Surely the person who tweeted this statement isn't a liar and/or a moron!


You're think of the Trek Wars.
 
2018-03-07 01:48:59 PM  
I've been trying to find just one good historical example of when Protectionism has yielded positive results but so far nothing. It seems to be great for starting wars though, so we've got that going for us.

It chills me to the bone that the hard Left Progressives are cheering for Trump's tariffs.
 
2018-03-07 01:50:59 PM  
Print'sNotDead:
It chills me to the bone that the hard Left Progressives are cheering for Trump's tariffs.

Where do you see this?
 
2018-03-07 01:51:19 PM  
At first glance, read it as: Et tu Trump.
 
2018-03-07 01:51:32 PM  
Wait for it... 3... 2... 1...

"Who knew International Trade was so complicated?" - Donald Trump in a matter of weeks, if not days, if not hours.
 
2018-03-07 01:53:37 PM  

Print'sNotDead: It chills me to the bone that the hard Left Progressives are cheering for Trump's tariffs.


Citation(s) please.
 
2018-03-07 01:54:06 PM  

skreeonk: Print'sNotDead:
It chills me to the bone that the hard Left Progressives are cheering for Trump's tariffs.

Where do you see this?


"Democratic lawmakers such as Sen. Sherrod Brown of Ohio also praised the move."
http://thehill.com/homenews/administr​a​tion/376276-trump-steel-aluminum-tarif​fs-coming-next-week
 
2018-03-07 01:54:52 PM  

skreeonk: Print'sNotDead:
It chills me to the bone that the hard Left Progressives are cheering for Trump's tariffs.

Where do you see this?


https://www.cnbc.com/amp/2018/03/04/t​r​umps-steel-tariffs-are-earning-him-che​ers-from-democrats-and-unions.html
 
2018-03-07 01:56:09 PM  
I totally could see Trump responding:

img.fark.netView Full Size
 
2018-03-07 01:56:32 PM  
European politicians made it clear a few weeks (or were it months?) ago. They will retaliate against businesses from Republican districts. And rightly so.
 
2018-03-07 01:56:43 PM  
The EU needs to be brought down a peg or two. They way those Brussels bully boys have behaved towards Britain over Brexit is a disgrace. We should probably add in our own tariffs on German cars, French wine, Belgian chocolate and so on. The US and UK can hit them with a one-two punch, while signing our own fantastic new trade deal free from their smothering regulations.
 
2018-03-07 01:57:12 PM  
40% VAT tax says the E.U. can blow it out of their asses.
 
2018-03-07 01:57:23 PM  
It's almost like the US is imposing sanctions on itself. Weird
 
2018-03-07 01:58:40 PM  
You guys in the US have a serious problem if you don't have a checks-and-balances system to prevent a "rogue" president like Trump from just issuing BS orders with zero oversight and then his WH minions just barging on ahead knowing that this is bad for the country and the world.

And what's with said minions? Why are they so gutless spineless as not to stand up to this fraud and say "No, Mr President, that's just plain WRONG!  I refuse to carry out this order."

And why didn't this Cohn then do the right thing go straight to the media and proclaim "No, I totally disagreed with the president because this is wrong, and anyone is this administration who blindly goes ahead with the order is a TRAITOR!", and then he go straight to see Mueller to ensure all his exchanges with the President are provided to build the case.

I mean, this isn't Russia  Trump cannot just order a hit on Cohn like Putin.

WHAT IS WRONG WITH THESE PEOPLE????
 
2018-03-07 01:59:35 PM  

2wolves: Print'sNotDead: It chills me to the bone that the hard Left Progressives are cheering for Trump's tariffs.

Citation(s) please.


""I'm very supportive of what the president has done," Democratic Rep. Tim Ryan of Ohio, "

https://news.vice.com/en_ca/article/y​w​q4jk/trumps-tariffs-made-him-labor-uni​ons-man-of-steel

"Democratic lawmakers such as Sen. Sherrod Brown of Ohio also praised the move."
http://thehill.com/homenews/administr​a​tion/376276-trump-steel-aluminum-tarif​fs-coming-next-week
 
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