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Trade war! by John Saffingwell - Fri, 02 Mar 2018 16:36:29 EST ID:tS9tlEmZ No.166261 Ignore Report Quick Reply
File: 1520026589181.png -(738664B / 721.35KB, 1920x1080) Thumbnail displayed, click image for full size. 738664
This is actually rather significant. Not only is starting a trade war stupid in general but starting one with almost all the major economies at once is biting off more than even the USA can chew.

The EU, China, Brazil, Canada, Mexico and several others are already drawing up plans for retaliation. Expect Republican districts to be targeted for maximum political pain.
John Saffingwell - Fri, 02 Mar 2018 16:51:20 EST ID:tS9tlEmZ No.166263 Ignore Report Quick Reply
I should add Japan, South Africa and Australia. I'm sure there are more but it's fun because he's covered all the continents but one (Antarctic seems to be chill with this).
Graham Sammerway - Fri, 02 Mar 2018 17:39:28 EST ID:o4BwxZhq No.166264 Ignore Report Quick Reply
What did anyone expect when a failed businessman was put in charge?
John Saffingwell - Fri, 02 Mar 2018 17:44:50 EST ID:tS9tlEmZ No.166265 Ignore Report Quick Reply
That advisors would stop him from hurting their corporate masters?
Ironically China seems among the least disturbed by the news.
Polly Fubbernone - Fri, 02 Mar 2018 19:06:00 EST ID:1fIHantD No.166266 Ignore Report Quick Reply
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Heyyoo retard Pres is out to prove how dumb he really is.

>Against sanctions towards Russia
>Pro-sanctions against the US closest allies
Phineas Dubbermuck - Fri, 02 Mar 2018 20:10:55 EST ID:tS9tlEmZ No.166267 Ignore Report Quick Reply
>>166266Actually this will hurt Russia too lol.
They're one of the top 3 of USAs Aluminum providers and I think in the top 5 (def top 10) when it comes to steel.

Turns out he can't even be a puppet properly.
Fuck Shittingford - Fri, 02 Mar 2018 20:35:27 EST ID:tlilhxRg No.166268 Ignore Report Quick Reply
Added bonus, this will destroy the American car industry.

>tariffs are raised on non-american steel
>american steel is cheap now
>american steel companies can raise their prices to just below the tariff barrier
>steel prices in the usa rise dramatically
>to avoid paying fucktons for steel, the american car industry will make their cars abroad and import

Polly Fubbernone - Fri, 02 Mar 2018 20:42:49 EST ID:1fIHantD No.166269 Ignore Report Quick Reply

Not to mention Canada lol.

Though other Western nations has a thing with targeting their tariff answer towards whatever part of the economy the current president/ruling party care about.

Because hey you fuck us, we fuck you.

Trade 101: don't fuck your trade partners lol.
Phineas Dubbermuck - Fri, 02 Mar 2018 21:05:12 EST ID:tS9tlEmZ No.166270 Ignore Report Quick Reply
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South Korea too. Trump sung at China, missed, and hit everyone else in the room.
Phineas Dubbermuck - Fri, 02 Mar 2018 21:05:40 EST ID:tS9tlEmZ No.166271 Ignore Report Quick Reply
Eugene Crivingsin - Fri, 02 Mar 2018 22:09:05 EST ID:+sJULo93 No.166272 Ignore Report Quick Reply
Naw, he knows that failure can accomplish their objectives. Like a tragic success.
A positive failure. He apparently has made failure the new success as open as possible. Does it work on much of the population, unfortunately, yes.
Wesley Fuckingdale - Sat, 03 Mar 2018 00:29:59 EST ID:ZMSFm4vb No.166273 Ignore Report Quick Reply
spoiled manchild acts like a spoiled manchild
Esther Fuckingfuck - Sat, 03 Mar 2018 04:54:55 EST ID:/LcISBWi No.166276 Ignore Report Quick Reply

I read that only 2% of steel in the usa is from china. so no wonder china arent really outraged and why the eu and canada are.

But lets be honest here we all knew shit like this was going to happen with his whole "tarrifs on mexico" deal.
It might actually be beneficial to the usa i guess we shall see. Its basically what the UK is about to go through breaking away from the eu.
Betsy Granddock - Sat, 03 Mar 2018 05:06:23 EST ID:IqzMdd3c No.166277 Ignore Report Quick Reply
>Inflation 5%
>Pay rise 2%
Yeah it's great. I can't wait for us to be forced to by your shitty chlorinated chicken and have our NHS sued for not using your shit, inefficient private healthcare providers for services we already do better and cheaper. Alone in the world with just your corporate masters? Prepare for pain. Prepare for a drop in your standard of living if you're not already super rich.

But seriously I think the UK situation and US are very different. The outcomes will be similar though. The general populace gets fucked up the arse the rich will get better off but only because they have the ability to take money from the poor in times of adversity, not because things will be better for them.
Fuck Shittingford - Sat, 03 Mar 2018 08:59:05 EST ID:tlilhxRg No.166278 Ignore Report Quick Reply
Oh fuck mate, you Brits are gonna get raped so hard when you no longer have the EU (corporate) courts shielding you from (American) megacorp greed.
And the worst thing is, the British economy will probably tank unless the Labour or Liberals get their say in a really soft brexit meaning that all the poor people will just buy whatever cheap shit is on the market, which will increase demand for disgusting borderline unsafe American food products like meat sludge and bleach chicken.
Phineas Dubbermuck - Sat, 03 Mar 2018 10:53:10 EST ID:tS9tlEmZ No.166280 Ignore Report Quick Reply
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>It might actually be beneficial to the usa
How? The only general upside I can see is that it decreases the Donald's chances of reelection.
>But seriously I think the UK situation and US are very different.
In this it is somewhat similar. Basically the idea is that you can't fuck around with international rules and relations as you can with national ones. If you make a mistake domestically you can always fudge it, discreetly walk it back, throw money at it and so forth. This is far less effective if not outright impossible in a global setting. When the damage becomes apparent it's often far to late to change course and politically humiliating.

The main problem with Brexit is that HMG seemingly didn't realize that the bits they wanted rid of enabled the bits they want to keep. Ultimately the UK has a bunch of binary trade offs to make and is balking at the choices.
Betsy Crondlenet - Sat, 03 Mar 2018 10:56:11 EST ID:ojjwPRrO No.166281 Ignore Report Quick Reply
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>Ironically China seems among the least disturbed by the news.
well yeah, only like 2% of our imported steel comes from China. the US is not a major, or even minor, steel export partner, at around 1%.

this overwhelmingly hurts countries that are actually allies with the US, like canada, s korea, japan germany, australia, etc. the economic ramifications will be harsh. it's just all around retarded.
Ebenezer Hissleson - Sat, 03 Mar 2018 17:58:31 EST ID:8c32w9KN No.166290 Ignore Report Quick Reply
>Trump feeling the heat from something (school shootings, Russian investigation, etc.)
>Instead of addressing that, tweet something completely absurd
>Throw world into a frenzy
>world forgets about what he's in hot water over in the first place
>Never follows through with ridiculous tweet

We've seen this before and we'll see it again. This is normal now.
Wesley Fuckingdale - Sat, 03 Mar 2018 18:06:33 EST ID:ZMSFm4vb No.166291 Ignore Report Quick Reply

yep, exactly this. child-like attempt at distraction
Martha Pemmlegold - Sat, 03 Mar 2018 19:19:48 EST ID:o4BwxZhq No.166304 Ignore Report Quick Reply
I think you meant to say...

>His genius 40 dimensional chess moves.
Molly Pillerwune - Sat, 03 Mar 2018 22:10:45 EST ID:tlilhxRg No.166314 Ignore Report Quick Reply
Now Trump is twittering that if the EU doesn't take the tariffs like a wanker, he'll start putting tariffs on European cars too.

Which basically means that not just American cars will become excessively expensive, but imported European cars too. Cue everyone buying Asian cars until Trump ruins that too.

...wait. No one in the USA will be able to buy cars... that's great against global climate change... is this really 666th dimensional hyperchess?
Shit Dattingville - Sun, 04 Mar 2018 03:53:53 EST ID:riSvzSl5 No.166317 Ignore Report Quick Reply
Long I have waited to see the great empire fall, long have I waited and here it comes.

History at its finest
Hamilton Greencocke - Sun, 04 Mar 2018 11:20:08 EST ID:8c32w9KN No.166322 Ignore Report Quick Reply

One of Trump's buddies cashed in pretty nicely with this tweet. I wonder why this goes uninvestigated...
Cedric Cicklekudge - Sun, 04 Mar 2018 14:27:53 EST ID:qetGCKL9 No.166328 Report Quick Reply

Because the people who would investigate it are trump appointees, who make sure they keep any investigations from happening, though surely the FBI is already looking into this since their domain is mostly white-collar crime.
Eugene Dummerwill - Sun, 04 Mar 2018 18:45:30 EST ID:tS9tlEmZ No.166335 Ignore Report Quick Reply
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Only Donald Trump could go after China in a way that he ends up in a fight with everybody else while wrecking his economy and driving his closest allies to turn towards Beijing.

With enemies like that who needs friends?
Betsy Gackledock - Mon, 05 Mar 2018 09:05:10 EST ID:n4moLkSq No.166349 Ignore Report Quick Reply
Once you remember that Trump is working for Putin, it all makes sense.
Reuben Cleddlefuck - Mon, 05 Mar 2018 15:32:11 EST ID:WXUWSia2 No.166353 Ignore Report Quick Reply
Ok, I'm a bit confused by all this. Doesn't Congress alone have the power to create tariffs? This isn't something the White House can do unilaterally, and it seems like even the Republicans are railing to fight this.
Samuel Gemblebire - Mon, 05 Mar 2018 17:32:14 EST ID:8c32w9KN No.166355 Ignore Report Quick Reply
The White House has ways of doing this: http://money.cnn.com/2017/01/23/news/economy/trump-tariff-power/index.html In addition, Trump ran on a platform on shrinking executive powers, but continues to expand them. This should be as alarming as anything...

Even if the president couldn't, this type of reaction is expected. Trump is still the most powerful man in the country, and what he says has a lot of weight for various reasons. Why would anyone think his party, which has a majority in Congress, would act against his wishes? Why would he say something so impactful if he hasn't already gotten some assurance from his colleagues in Congress that they're going along with it? Why would the president just say stuff and not mean it? Only several days later are people remembering that you can't exactly trust this president at his word...

Plus, I think some of the response is political posturing on behalf of other national leaders, whether they think there tariffs are realistic or not. Trudeau is using this as an opportunity to look strong to Canadians and remind Trump exactly why he needs to be on good terms with Canada.
Walter Drumbleshaw - Mon, 05 Mar 2018 18:48:40 EST ID:0DXm+8gm No.166357 Ignore Report Quick Reply
The GOP are scared of Trump, he's created a cult of personality around him and they have gerrymanded their own seats to the point where their biggest threat is a primary from the right rather than an election against the centre/left.

This might be the straw that breaks the camel's back, trade wars make it hard to even loot a country through disaster capitalism strategies and most donors are screaming their heads off that not even the massive tax cuts were worth this.
Esther Simmermene - Mon, 05 Mar 2018 18:59:20 EST ID:tS9tlEmZ No.166358 Ignore Report Quick Reply
>Trump is expected to justify his proposed metal tariffs by invoking a 1962 law that authorizes the president to impose tariffs unilaterally if doing so is necessary for "national security." Congress could pass new legislation that would require the president to seek a vote of Congress to certify his (bizarre) claim that our dependence on Canadian steel is a national security threat - and that would block his tariffs from going into effect absent such a vote.
Shitting Dovingford - Mon, 05 Mar 2018 19:59:37 EST ID:o4BwxZhq No.166360 Ignore Report Quick Reply
>Use tariffs as a roundabout excuse to declare a national security emergency.
Esther Blythefoot - Tue, 06 Mar 2018 09:27:30 EST ID:lj7yLWGz No.166369 Ignore Report Quick Reply
I know how you feel. I only wish my grandfather was alive to see it.
Simon Bruttingfuck - Fri, 09 Mar 2018 05:53:21 EST ID:tS9tlEmZ No.166444 Ignore Report Quick Reply
For bonus points coal will probably get hit too.
Beatrice Cuddlemudge - Fri, 09 Mar 2018 13:53:03 EST ID:o4BwxZhq No.166453 Ignore Report Quick Reply
Don't worry, I am sure the black lung afflicted dipshits who voted Trump in will be willing to 'take one for the team."
Jack Mummlestig - Sat, 10 Mar 2018 10:20:36 EST ID:tS9tlEmZ No.166468 Ignore Report Quick Reply
Have some more then; there's plenty for everyone:
Barnaby Gillermudging - Mon, 12 Mar 2018 07:05:31 EST ID:NxNSiLo4 No.166493 Ignore Report Quick Reply
Yeah fuck the working class
Samuel Gucklelidge - Mon, 12 Mar 2018 09:57:23 EST ID:ojjwPRrO No.166494 Ignore Report Quick Reply
wd don't have to. they seem to be fucking themselves already with their votes.
Shitting Pockham - Mon, 12 Mar 2018 15:52:24 EST ID:o4BwxZhq No.166504 Ignore Report Quick Reply
They love taking Daddy Trump up the ass with no lube.
Shitting Blizzlelark - Mon, 12 Mar 2018 19:33:32 EST ID:hftTxKt2 No.166507 Ignore Report Quick Reply
Well, let's see tomorrow. A Trump backed Republican is neck and neck with a Democrat in a PA district where Trump beat Clinton with 70% of the vote. Working class Republicans are quickly figuring out that Trump doesn't have their financial interests at heart. The democrats are running on jobs and strengthening unions.
Samuel Goodfield - Tue, 13 Mar 2018 07:40:47 EST ID:SjuAaYn8 No.166515 Ignore Report Quick Reply
Cut that dishonest elitist scapegoating shit out, it's not even true
Hamilton Fuvingsock - Tue, 13 Mar 2018 09:35:13 EST ID:V9Ad8829 No.166517 Ignore Report Quick Reply
Regardless of who voted for him he is president now ergo the working class will likely suffer.
Esther Tootfoot - Tue, 13 Mar 2018 10:53:09 EST ID:lWlEy1EO No.166519 Ignore Report Quick Reply
If anything that's just worse as he often promotes himself as a champion for the "common working (white) man"
Nell Drebblemitch - Tue, 13 Mar 2018 10:53:11 EST ID:rmzmhb5m No.166520 Ignore Report Quick Reply

And it only took them until it was too late to figure out that a billionaire didn't have their best interests in mind.
Hannah Chashhock - Tue, 13 Mar 2018 12:42:37 EST ID:DTJRk/wK No.166528 Ignore Report Quick Reply
To be fair the other billionaire didn't have their best interest in mind neither?
Man us politics is such a shit show. I'm happy not to live there
Eliza Shakegold - Tue, 13 Mar 2018 13:37:52 EST ID:8c32w9KN No.166529 Ignore Report Quick Reply
Her voting record in Congress and platform would suggest that she was a much better choice for them than this guy...

Of course, it's just mental masturbation and a useless point to bring up in this context.
George Gigglekot - Tue, 13 Mar 2018 21:05:30 EST ID:M6dL3wIr No.166533 Ignore Report Quick Reply

Jenny Murdhall - Tue, 13 Mar 2018 23:54:32 EST ID:tlilhxRg No.166535 Ignore Report Quick Reply
Well, they are conservative fuckwits living in a country with third-world-shithole levels of education.

Of course they're all dumb fucking retards that can't imagine the future until it kicks them in the dick.
Hamilton Bidgelirk - Wed, 14 Mar 2018 09:12:13 EST ID:MmcIGkuz No.166539 Ignore Report Quick Reply
I guess, i'm not from us so I cant be bothered with details, and the clintons seem like a whole level of evil.

Anyway good luck living in your falling empire
David Ciffingfoot - Wed, 14 Mar 2018 23:18:31 EST ID:gdqVy6yu No.166552 Ignore Report Quick Reply
>and the clintons seem like a whole level of evil.

I never saw anything that was very concerning.

Trumps kids, are demented, sick in the head. As are 'his people.'
Alice Navingfit - Thu, 15 Mar 2018 00:03:00 EST ID:M6dL3wIr No.166554 Ignore Report Quick Reply

yeah i still remember that first interview they did from the oval office, talking about "our father" like he was god and resembling plastic androids. not to mention ivank's creepy leg cross
Shitting Pecklewater - Thu, 15 Mar 2018 00:45:52 EST ID:IDIVP7Xv No.166556 Ignore Report Quick Reply
I feel like the whole "der Clintors R teh evulz!" was a long term reverse psychology psy-op from the GOP so that a genuinely creepy, automaton style family that's hellbent on frequent conflict of interest, those brainwashed by the long term psy-op turn their heads and shrug like there's no problem.

I'm not saying the Clintons are angels, but they just come across to me as "average political folk" that does occasionally dip into somewhat shady business but nothing heinous. The Trumps, on the other hand, really give off that sleazy Kardashian/Jenner style "Ragyo's going to purify you in the hot spring" gallery of the grotesque.
Thomas Cricklesteg - Thu, 15 Mar 2018 09:30:37 EST ID:WXUWSia2 No.166560 Ignore Report Quick Reply

Just casually lied in the meeting with the biggest trading partner. To a leader that (strangely) he personally likes and gets along with.

How could any nation trust Trump or the US when he'll just lie to the closeted allies?
Edward Guzzlestone - Thu, 15 Mar 2018 09:51:07 EST ID:ojjwPRrO No.166561 Ignore Report Quick Reply
this is the US, friend, with our shitty first past the post/winner takes all democratic system. our choices basically always boil down to the lesser of two evils because of this. "but the other guy is evil too!" is thus never a valid argument. of course they are, they always are. the only valid argument is "the other guy is more evil."

so far i gotta say i feel right about pegging shkrillary as the lesser of the two evils. better the devil you know than the devil you don't. and besides, Reps taking one if not both houses was nigh inevitable, meaning if Clinton won the government would get very little done with congress and the executive branch constantly butting heads. 4 years of nothing > 4 years of Trump.
Barnaby Gindleforth - Thu, 15 Mar 2018 10:32:27 EST ID:8c32w9KN No.166563 Ignore Report Quick Reply
He seems proud of it, too. Proud of his ignorance...
Alice Navingfit - Thu, 15 Mar 2018 13:06:29 EST ID:M6dL3wIr No.166564 Ignore Report Quick Reply

oh my stars, he literally doesn't know what the fuck is going on.

>Trump regularly bemoans a trade deficit with Canada and complained about it in late February by saying: "We lose a lot with Canada. People don't know it. Canada's very smooth. They have you believe that it's wonderful. And it is, for them. Not wonderful for us."
Oliver Pobberletch - Fri, 16 Mar 2018 09:50:25 EST ID:k0DwMA1i No.166577 Ignore Report Quick Reply
>I feel like the whole "der Clintors R teh evulz!" was a long term reverse psychology psy-op from the GOP
If you didn't already think the Clinton's at evil after what they did to Iraq, Sudan, Libya, Syria, Honduras, and the "super predators" at home then you're the kind of dead-eyed sociopath that is well beyond the need for any tinfoil psy-op nonsense.
Jack Bangerbine - Sat, 17 Mar 2018 14:52:41 EST ID:o4BwxZhq No.166605 Ignore Report Quick Reply
Those things are the things the Right agrees with, so they sort of never got used against them.
Instead you got Pizzagate level shit. Or the infamous Clinton Death List. Add to that the fact that GOP actively fundraised for years on the boogieman that Hillary would run for office...they certainly pounded their points home. Effectively, too.
Reuben Snodway - Sat, 17 Mar 2018 21:07:31 EST ID:8lk0bRxV No.166611 Ignore Report Quick Reply
Dont forget Haiti.
Fucking Puckleville - Sun, 18 Mar 2018 06:33:16 EST ID:U+jeR8KQ No.166618 Ignore Report Quick Reply
Wako was pretty freaking neat to bring up also. The 'lake of fire' prophesy.

Yep, Clinton killed the peace loving wocoites, who just wanted to live in peace. Wait. Isn't peace loving people just dangerous liberals. They are weak passifists, yet very dangerous and kill innoceints.. Pizza gate, dumbest freaking thing ever. Guy shot up the place. That is the 'base.'
Of the Republican party.
Jenny Surringdere - Sun, 18 Mar 2018 11:07:04 EST ID:tlilhxRg No.166620 Ignore Report Quick Reply
Are you talking about those death cultists that died holed up in their burning church while shooting at feds?

Why would anyone want to associate their movement with those wankers? Oh right. Republicans are all retarded.
Lydia Mobbermidge - Sun, 18 Mar 2018 11:27:53 EST ID:8/s43o61 No.166621 Ignore Report Quick Reply

Dangerous armed religious fanatic pedos dindu nuffing.
Doris Honningfuck - Tue, 20 Mar 2018 01:13:11 EST ID:VpbveilX No.166633 Ignore Report Quick Reply
Trump is so unpredictable nothing he says matters anyway.

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