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Trump says tariffs 'working far better' than anticipated

25 Comments
By MANDEL NGAN

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"working far better than anyone ever anticipated."

Awesome! Thanks for the update, Donald.

9 ( +11 / -2 )

Hold the line.

-7 ( +5 / -12 )

Trump says tariffs 'working far better' than anticipated

Tell that to the Harley Davidson workers whose jobs will go offshore due to the tariffs.

7 ( +12 / -5 )

Trump is doing great with this policy. The selective media outrage is laughable. Stay the course America.

Tell that to the Harley Davidson workers whose jobs will go offshore due to the tariffs.

FALSE. The decision was made long before President Trump imposed tariffs on imported steel.

-8 ( +4 / -12 )

He's actually right. That's why he caved against the EU - because their tariffs were working better than anyone expected.

7 ( +9 / -2 )

FALSE. The decision was made long before President Trump imposed tariffs on imported steel.

FALSE. The decision was made this year, well into Trump's presidency, and after the tariffs were announced. Preparations were being made since Trump became president thought - HD was smart enough to read the cards on the table.

9 ( +11 / -2 )

Thank God cooler heads prevailed.

Good on the President, hold the line!

http://www.latimes.com/business/la-fi-trump-eu-trade-20180725-story.html

-10 ( +0 / -10 )

Tariffs may be working better than expected, says the boaaster about what he has done (or not) but the proof is in the pudding, as they say, and the pudding has yet to be put in the oven.

5 ( +5 / -0 )

Trump's GOP needs to replace the elephant with the ostrich.

5 ( +5 / -0 )

Don't think we will really know the success or failure for another couple of years, well after the $500 billion is applied. If the tariffs hold, I imagine Canada, Mexico, Japan, Germany, South America in general and S.E Asia, India stand to gain a great deal long term in terms of U.S exports.

He's actually right. That's why he caved against the EU - because their tariffs were working better than anyone expected.

Cool story bro.

And even though tariffs are temporarily withdrawn, there is still no EU-US agreement. They could very easily be re-applied by both sides if negotiations fail...

-3 ( +0 / -3 )

He wouldn't know! He has ZERO awareness of how non-rich Americans live.

7 ( +7 / -0 )

@Stranglerland

"Mostly false" on your false call, according to Snopes.

"These decisions were both made before President Trump imposed tariffs on imported steel, and Harley-Davidson did not shut down their Wisconsin plant nor stop building motorcycles in the United States.

https://www.snopes.com/fact-check/harley-davidson-steel-tariffs/

1 ( +2 / -1 )

I stand corrected.

4 ( +6 / -2 )

"Tariffs have had a tremendous positive impact on our Steel Industry," he said in one tweet. "Plants are opening all over the US, Steelworkers are working again, and big dollars are flowing into our Treasury."

Amazing news , thinking about opening a plant the day after tomorrow, any potential steelworker here that wants to step in? I offer a zero contract, $ 8 an hour which is way more than the minimum, and I pay the first $ 50 of your health care.

0 ( +0 / -0 )

mukashi: "He wouldn't know! He has ZERO awareness of how non-rich Americans live.

You're confusing Trump with Hillary Clinton.

Oh my...

White House on jobs report: 'Economy remains incredibly strong'

https://www.youtube.com/watch?v=BN15hqBjz3E

-8 ( +0 / -8 )

bass 'Hold the line' 4funk!!

Come on! Is that the best you can come up with?! Higher costs for consumers will mean job losses. There is no way around it. Job losses in China, yes, but more in the US. Trump's simple brain can't seem to figure such things out.

6 ( +6 / -0 )

White House on jobs report: 'Economy remains incredibly strong'

That's always a partisan statement - until it isn't. We'll see how Trump deals with the coming slump. (He's got a name for it, after all - the TrumpSlump.)

2 ( +2 / -0 )

"We'll see how Trump deals with the coming slump."

You are literally salivating for a slump, aren't you, Laguna?

"the TrumpSlump"

Right now, thanks to the Trump tax cuts and deregulation, we got a booming economy. Ya can't stump the Trump! Hee hee! MAGA Trump 2020

-6 ( +0 / -6 )

Serrano, my wife and I are taken care of financially, but my children are just entering the job market - so, no, I do not hope for any downturn such as the Asian crash in the 90's. What has happened to now is mostly Obamanomics spiced with tax cuts; what happens from now belongs to Trump.

5 ( +5 / -0 )

 I do not hope for any downturn such as the Asian crash in the 90's.

Why mentioning the 1997 crisis? Curious.

What has happened to now is mostly Obamanomics spiced with tax cuts; what happens from now belongs to Trump.

Like your 'Obamanomics spiced with tax cuts' and that's exactly what it is.

1 ( +1 / -0 )

"Obamanomics spiced with tax cuts"

Har! You have got to be kidding, 8 straight years of 1.x GDP under Obama ( the worst recovery since the great depression ) and the month Trump is elected the stock market goes off like a rocket and has never stopped, plus 3 quarters of 3+ GDP in his first year. Obama can take credit for breaking the most laws and ignoring the constitution though.

-5 ( +0 / -5 )

No free trade, collect tax on all imported goods, the country will be flourishing with job and prosperity again. Free Trade and Globalization will be good for big Company but most of citizens have lost job and most of small Companies went bust because they cannot compete with cheap and poor quality products from China and India which are coming into the country under free trade agreement and concession. We don't make cars anymore in Australia because the Government has reduced tax on imported cars. Our textile industries have gone and we don't make denim jean and dress anymore. We rely everything on imported Chinese goods. The Globalization and Free Trade have destroyed our living standard and quality except more rubbishes round us and destroy our environment with cheap products.

President Trump wasn't wrong but we have to wait and see the result.

-1 ( +0 / -1 )

@Serrano

"You have got to be kidding, 8 straight years of 1.x GDP under Obama..."

The US economy is about to set its longest expansion in history. It started under Obama and he oversaw it for 6 years...., Trump for 1.5 years.

Obama inherited the worst economic meltdown in living memory. Trump inhereted a record-breaking economic boom. I'll let a rational person decide who deserves credit.

2 ( +2 / -0 )

President Trump wasn't wrong but we have to wait and see the result.

On the contrary, Trump has shown himself to be no smarter than the armchair economists on JT when it comes to international trade. He thought he knew what he was doing and talking about when he started his trade wars. Then the real world responded and the US is in a huge mess now.

He was advised and believed that no country would retaliate to his initIial round of tariffs; that they would just cave to his demands. This is the binary thinking of armchair warriors - those people who think everything is simple, that people living in the real world could just fix the problem if they took drastic action X. Well Trump believed that, took drastic action X (tariffs), and the real world responded with tariffs of their own.

This is why armchair warriors are failures, because the real world isn’t as easy or black and white as their fantasies would have them believe.

1 ( +2 / -1 )

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