Trump's Planned Tariffs on Imported Steel and Aluminum Would Likely Apply to Apple Products

[IJ Reilly]

This kind of nonsense is what is destroying political discourse in America. You say someone has business experience, and you suddenly called him "master negotiator.". It's so beyond frustrating to hear Liberals defend absolutely everything any liberal does, and rip and write such dribble like this. And it's always this vague generalization that dont need to be substantiated in any way.

What a heap. First of all, I never called him a "master negotiator," suddenly or otherwise. You also have no information whatsoever on my political orientation nor have you heard me defend anybody. So that part you made up completely to avoid addressing the points I have actually made. As for your "vague generalization," Trump's personal and business history are available for anyone who cares to know about them. Just to make it completely clear, caring is the operative term here.

 

[jimbobb24]

He should not call it tariffs. He should call it "FAIR TRADE". Lots of people love that.

Every generation needs to convince the next that some ideas are good and some terrible. Go to any college campus and find idiots who believe in communism as proof. The fact that we are experiencing a rise in people who believe in mercantilism is not surprising, just the normal sad state of human affairs.

 

[BoxerGT2.5]

Serious question... what are his poll numbers compared to Obama a year into presidency? Might want to see that answer before you ridicule...

Depends on the poll really, but in general Obama's numbers were better I believe. Also Obama rode into office with numbers in the 80's, while Trumps were in the 30's. Obama's numbers slid because republican approval slid. It doesn't take a Political Science degree from Harvard to realize there is nothing similar between these two men's presidencies. I'm sure if you polled likely republican voters about his job approval last week it'd be in the toilet. Agreeing with the democrats on gun control, due process as an optional thing, and "let's start a trade war", not a good week for the conservatives in which he claims to represent.

 

[gavroche]

What a heap. First of all, I never called him a "master negotiator," suddenly or otherwise. You also have no information whatsoever on my political orientation nor have you heard me defend anybody. So that part you made up completely to avoid addressing the points I have actually made. As for your "vague generalization," Trump's personal and business history are available for anyone who cares to know about them. Just to make it completely clear, caring is the operative term here.

My reply was in part to your comment and and in part to one other person. That person, referring to anyone defending Trump, said that they think he is a "Master Negotiator."
It really doesn't matter to me what your political association is. If you want to weigh on and comment on the actual topic of the article.... and whether tariffs are a good idea... great. If all you want to do is spout vague accusations about "fiction bubbles" then go find someone else to bother.

 

[lowendlinux]

It looks like it might be the stick used to try to get Canada and Mexico to sign onto whatever the new NAFTA looks like

https://www.msn.com/en-us/news/poli...co-canada-to-nafta/ar-BBJSS9f?ocid=spartandhp

 

[RichardMZhlubb]

It looks like it might be the stick used to try to get Canada and Mexico to sign onto whatever the new NAFTA looks like

https://www.msn.com/en-us/news/poli...co-canada-to-nafta/ar-BBJSS9f?ocid=spartandhp

Except Trump doesn't have the legal authority to unilaterally impose tariffs as a NAFTA renegotiation bargaining chip. He can only do so for national security reasons. By citing NAFTA, he shot himself in the foot (yet again) and gave a court the basis for overturning his decision.

 

[lowendlinux]

Except Trump doesn't have the legal authority to unilaterally impose tariffs as a NAFTA renegotiation bargaining chip. He can only do so for national security reasons. By citing NAFTA, he shot himself in the foot (yet again) and gave a court the basis for overturning his decision.

He also hasn't actually proposed anything last I knew he was just talking.

 

[izyreal]

I would not blame foreign nationals. This is just scapegoating. Many of these foreign nationals study here and end up going back to their country. They primarily want to learn English and the prestige of having studied at an American university.

I do not blame foreign national students for anything; they have little to nothing to do with the cost of American education. I place the blame squarely on American education financing policies and practices. There is very little downward pressure on the cost of education because every time the demand drops due to high cost, third parties (Federal, state, local governments; scholarship funds; etc.) pump more money into the system. In the short term this money supply gets the current students through, but it also drives the price of education up further. This really is a simple supply and demand problem.

 

[IJ Reilly]

My reply was in part to your comment and and in part to one other person. That person, referring to anyone defending Trump, said that they think he is a "Master Negotiator."
It really doesn't matter to me what your political association is. If you want to weigh on and comment on the actual topic of the article.... and whether tariffs are a good idea... great. If all you want to do is spout vague accusations about "fiction bubbles" then go find someone else to bother.

I already have, at some length. I can see how you responded to those points: not at all. So once again, you have no basis of any kind to accuse me of demeaning discourse when you are paying no attention to what I have actually said and instead associated me with positions I have not taken and attributed to me arguments that I have not made. That's some major league irony. It could not be cut with a chainsaw.

 

[brinary001]

It's so weird that he was elected to the Presidency considering that the "vast majority of the country hates this clown".

Almost weird enough that it would seem that the statement is false.

You're right, he wasn't elected. He's Putin's bitch

 

[IJ Reilly]

He also hasn't actually proposed anything last I knew he was just talking.

Yes, he has. The proposal is 25% on steel and 10% on aluminum. Precisely how those tariffs would be applied is unstated, so far, but given their arbitrary nature they'd almost certainly violate WTO rules. The next step could be the U.S. threatening to pull out of the WTO, or actually doing it. It's difficult to attribute anything Trump says or does to forethought or planning, but given that the U.S. has already taken steps to undermine the WTO, the ultimate goal of destroying it is not hard to imagine. That result would be disastrous for the world economy but I guess we aren't supposed to care about that anymore on Planet United States.

 

[lec0rsaire]

Except Trump doesn't have the legal authority to unilaterally impose tariffs as a NAFTA renegotiation bargaining chip. He can only do so for national security reasons. By citing NAFTA, he shot himself in the foot (yet again) and gave a court the basis for overturning his decision.

He really doesn't understand policy or know what he's doing. He understands the real estate business and that's about it. Even there, he had success in the '80s before being way over his head and nearly losing everything by 1990. The books, constant media presence and subsequently The Apprentice propped him up as some expert deal maker. I would suggest everyone read the interviews he did with The Economist, The WSJ and The NYT. Not only is the majority of what he says incoherent, but he seems to always bring the conversation back to his huge crowd sizes. They sound exactly like what SNL would write.

 

[cube]

Well, he had blocked the new import of lemons from Argentina, and recently slapped massive tariffs on biodiesel from Argentina and Indonesia (let's see if the WTO agrees that there was dumping here).

I forgot to mention the famous tariffs on washing machines and solar panels.

And he attempted to massively tax the CSeries but was blocked unanimously by the US International Trade Commission.

 

[skottichan]

Interesting, looks like the tariff will be on "Steel Mill Products" only (wire, sheeting, etc).

According to the UC Gov't's own numbers... we get about 1% of our steel from China.

The vast majority is from Canada and other allies (Japan, Mexico, Brazil, etc)

Same goes for Aluminum (around 2% from China).

Advanced Steel and Aluminum (car parts, cans, etc) are not covered by the tariff.

And that is what we see a large-ish amount from China. (~25%)

 

[DocMultimedia]

Anyone feel like a tasty Trump Steak? Oh...never mind. Yet another Trump scam.

 

[Fozziebear71]

You're right, he wasn't elected. He's Putin's bitch

Still haven’t been able to accept the election huh?

 

[brinary001]

Still haven’t been able to accept the election huh?

Stay tuned, sweetness. The FBI has good things coming. I know your secluded little Fox News hole doesn’t cover what’s happening in the real world, but here in our country “led” by YOUR president people are held accountable for their actions, even the Orangutan-in-Chief.

 

[Fozziebear71]

Stay tuned, sweetness. The FBI has good things coming. I know your secluded little Fox News hole doesn’t cover what’s happening in the real world, but here in our country “led” by YOUR president people are held accountable for their actions, even the Orangutan-in-Chief.

He’s YOUR President also. Like it or not.

 

[whooleytoo]

BBC news had an interesting take on it.

Many of the products on which the EU are threatening to impose tariffs are sourced from swing/battleground states in the US. If there is a trade war, and US manufactured products are hit, then there could be a negative reaction to the tariffs (and, indirectly, the current administration) in those key states.

If that is actual intentional (and not just coincidence) then Apple / California are unlikely to be hit.

 

[statik13]

Well I'm sure there's some hypothetical good from trade wars, I'm definitely having trouble seeing past the bad on this one. My thoughts:

1. Canada and Mexico both just signed the TPP, meaning that they have opened up a whole new market for their goods
2. This tariff is likely to cause retaliation against the US by other countries imposing their own counter tariffs, which can lead to escalation of tariffs in the US, which in turn leads to further escalations abroad in different sectors ad infinitum
3. Hard handed tactics like this erodes the trust that the US has built with their trade partners
4. There is a questionable impact on NAFTA negotiations
5. Will likely harm consumers at home, who can expect manufactured goods to cost more
6. Sectors that currently rely on trade are going to have to rethink their strategies
7. Tariffs reduce competition, rewarding less efficient companies, which can't compete on the world market
8. Adverse protectionism can lead to the US losing respect in eyes of the world, meaning further trade deals become more difficult
   
9. Anything I missed?

Sources:

https://www.investopedia.com/terms/t/trade-war.asp
http://business.financialpost.com/n...partnership-agree-to-revised-text-say-reports
https://www.investopedia.com/terms/t/tariff.asp
https://www.tutor2u.net/economics/reference/arguments-against-protectionism

 

[xnu]

It does not apply to "a-loo-main-eee-um."

So no worries. (Probably been said already)

 

[Col4bin]

An interesting topic but does comes off a little left-leaning.

 

[Phil in ocala]

Surely he's going to back away from this. Nobody is on his side except the basiest of his base.

There is no evidence for your thinking...Trump does what he wants.
[doublepost=1520363978][/doublepost]

An interesting topic but does comes off a little left-leaning.

Left Leaning...why not google Smoot Hawley trade bill, under Republican Hoover and learn about what happens?

 

[statik13]

There is no evidence for your thinking...Trump does what he wants.
[doublepost=1520363978][/doublepost]
Left Leaning...why not google Smoot Hawley trade bill, under Republican Hoover and learn about what happens?

Thank you. Interesting read.

https://en.wikipedia.org/wiki/Smoot–Hawley_Tariff_Act

 

[Williesleg]

One car uses about as much steel as 40,000 iPhone X. So if the iPhone X goes up one cent, a car built from imported steel would go up by about $400.
[doublepost=1520123386][/doublepost]
I think we can all agree that the USA have the president that they deserve.
[doublepost=1520124225][/doublepost]

At the worst time, suicide rate at Foxconn was about the same as the rate of retail employees in the USA being murdered. So Foxconn put up nets to prevent people from jumping off the roofs - and it worked. San Francisco has refused for many years to do anything, and has started work on barriers in 2017, after 1600 deaths at the Golden Gate Bridge. (And there are about 20,000 gun suicides a year in the USA, but who cares about that).

Dormitories are really nice for employees who come from the country side for a year or two and want to go back home with the largest amount of cash possible. They don't come to work in a factory for forty years - they come for a year or two and return home with huge savings. I can understand that "savings" is a very strange concept to Americans, but that's what they do in China.

Think about what you're writing. People are unhappy but they're good cheap labor, so we have to keep them from killing themselves, as long as we can build and ship product. I'd rather have happy employees building a great product. The only reason why they have dormitories is to keep them there so they can work long hours.
[doublepost=1520422365][/doublepost]

Sure it’s dreadful. And that’s something their country has to address. Suicide is a big problem in parts of Asia. I’m sure you know about the situation with suicide in Japan for example.

It’s “we can do it all” attitude that is ruining Great Britain right now re: brexit. Fact is some countries have better natural resources, different economies, different work attitudes. Global economy is for the best and it’s continually changing….. right now we use China for manufacturing but once we used Taiwan.... japan.... Brazil.... the way this is going the US could be the worlds next factory country. Lol


Not really no.

that's funny, "use" china.