world

World bracing for risk of Trump's trade war

91 Comments

The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.

© Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

©2019 GPlusMedia Inc.

91 Comments
Login to comment

He can't stop himself can he. The signs are all there, why doesn't congress do it's job, he is acting more and more insane daily!

15 ( +22 / -7 )

Angnus brace yourself it's that time of the year. Big red is coming your way

-3 ( +2 / -5 )

President or dictator? that is the question.

3 ( +10 / -7 )

"U.S. President Donald Trump's plan to slap taxes on steel and aluminum imports was branded Friday as "absolutely unacceptable" by Prime Minister Justin Trudeau of Canada"

Sigh... It's America First now, Mr. Trudeau. We finally do what's best for our country, which, in the end, is what's best for the rest of the world.

Trump stands behind tariffs: Trade wars are good

https://www.youtube.com/watch?v=iPWhFXTzXW0

Some countries offer concessions before a trade war: Betsy McCaughey

https://www.youtube.com/watch?v=LarBPe3jxxM

-17 ( +5 / -22 )

Well, a trade war is better than a nuclear war. Unless Trump, in his own mind, sees a trade war as practice for a nuclear war.

0 ( +5 / -5 )

China — the world's largest steel producer and Trump's primary target — stayed quiet about how it would respond.

China seems calm and mature at least the Xi administration. They know they can sell US bonds or sell steel elsewhere.

3 ( +7 / -4 )

Decades of hoping that one day everybody would follow suit and accept the efficacy of the American model of industrial surrender has at last ceded to the realist perspective. Like it or not, there’s a new game in town. It’s called reciprococity, and we’re all invited.

4 ( +7 / -3 )

I'm surprised he can do this to Canada under NAFTA, but there you go.

One of justifications given for Brexit was that a post-Brexit Britain would be able to strike lots of free trade deals with non EU markets. Well, here is the most valuable by far non-EU market erecting some trade barriers. That assumption is not looking too clever now, is it.

3 ( +5 / -2 )

Sigh... It's America First now, Mr. Trudeau. We finally do what's best for our country,

You won't be saying that when consumer goods in the US are three times as expensive as they are now and the economy is in freefall.

which, in the end, is what's best for the rest of the world.

Ah, the conceit that keeps dragging the US down.

9 ( +14 / -5 )

Not that the Canadians are listening to me, but I wouldn't start with wine. That would mainly hurt California, and since we did not vote for Trump, he could care less about what happens to our economy. I'd suggest going after Wisconsin cheese or Georgia peanuts.

Seems like a lot of countries around the world are grasping just how STUPID Trump is. In THIS country, though, we seem to be about at the level of a CIVIL WAR between Trump supporters (38%) and the rest of us. It's that bad.

9 ( +13 / -4 )

It will be a loooooong way back for the USA once his reign of terror is over...

3 ( +10 / -7 )

Whatever problem you put in front of Trump, he's almost certain to find the worst solution. Never has there been a man in office who just doesn't get it like he does. A man with a fork in a world of soup.

10 ( +14 / -4 )

I love all the naysayers who have never had their fathers put out of a job at a steel mill because of cheap steel imports from China. When are you people going to wake up and see that countries like China, Japan and Korea are laughing at the US -- there's a new sheriff in town and its no longer business as usual...

-8 ( +9 / -17 )

The rest of the world just needs to ignore america and get on with it. I can't wait for the TPP to start without the US

6 ( +12 / -6 )

He should have stuck to reciprocity imposing the same or equivalent measures on those who impose tariffs or non tariff barriers on the US for the same products or other products with equivalent impact. Instead he starts a war based on “fake” security grounds without logic and just designed to aggravate friendly nations and trade abusers alike. And by the way, you can be sure that Japanese consumers will boycott American products like the plague if America starts to mess with it like this. And nothing Trump will be able to do about that kind of emotional reaction based on National pride. Trump has no idea of the extent to which these factors will play out in the form of consumer reaction in these countries.

4 ( +8 / -4 )

World bracing for risk of Trump's trade war

Bit of an exaggeration there. The world is carrying on, largely oblivious to the semi-sane actions of the latest in the line of US gawdelpus "presidents!"

The WORLD couldn't care less!

-1 ( +7 / -8 )

How can he be a president of USA? He can't even be a president of a company, bankrupt once with casino, can he?

8 ( +13 / -5 )

My advice would be to wait a few days, and see what happens. There is a good chance that he will be distracted by the next shiny object, and move on to something else. What he says and what he does are often, though certainly not always, exact opposites.

3 ( +8 / -5 )

The WORLD couldn't care less!

Sad part is that YOU are most definitely wrong. The world IS worried, big time, if it wasnt there would be no action from any side.

If the world would ignore him, that is one thing, but it isn't and THAT is the problem!

3 ( +8 / -5 )

Someone must have wanted it, otherwise Trump would not have known his office could impose it. Canada hasn't rolled over in NAFTA talks so this will hit it pretty hard. We should accept it versus nuclear war, something he is finding he can't just arbitrarily commit

2 ( +3 / -1 )

How did the steel tariffs work out the last time the Insane Party tried them under Bush the dumb?

6 ( +8 / -2 )

I love all the naysayers who have never had their fathers put out of a job at a steel mill because of cheap steel imports from China. When are you people going to wake up and see that countries like China, Japan and Korea are laughing at the US -- there's a new sheriff in town and its no longer business as usual...

Yeah, where was Trump when blacksmiths were put out of work due to changes in the world? They should have had someone like him to ensure we'd still have a full range of blacksmiths to make our swords and horseshoes at our need. Those people all ended up out of work. Their trade should have been preserved even when it became useless to society. Right?

5 ( +10 / -5 )

Someone must have wanted it, otherwise Trump would not have known his office could impose it. 

Even the aluminum industry groups are against broad based tariffs because they know the US does not have close to the manufacturing capacity needed to meet domestic demand without imports. It is only going to cause producers to go elsewhere and farm out offshore for products and component parts.

5 ( +6 / -1 )

The rest of the world just needs to ignore america and get on with it.

It's pretty hard to ignore them just yet - they have the biggest economy in the world, and when they collapse it next (because let's be clear, Trump is doing the same thing to the economy Bush did - jacking it up for the short term, hoping it will hold out until the next president), it will have an impact on us all.

We need to keep making more trade agreements that bypass the US, in order to protect our own interests. Trump is doing America first, the rest of us need to do 'the rest of us first'. As in, the rest of us first, America second.

Hopefully between the Lehman crash of a decade ago, and the Trump blustering of current, enough of the world has realized that we cannot trust America to have a stable economy, and therefore we cannot rely on trade with America to provide stable economies for ourselves.

2 ( +7 / -5 )

absolutely unacceptable" by Prime Minister Justin Trudeau of Canada

yes the leeches who suck off America do not like when America stops being taken advantage of. a predictable reaction

-6 ( +5 / -11 )

WHAT HAPPENED TO BEING SCARED OF NORTH KOREA ? Now a trade war and the worlds up in arms? Sticks and stones pusie cats !

-5 ( +3 / -8 )

https://www.theguardian.com/us-news/2017/jan/29/smoot-hawley-tariffs-protectionism-donald-trump

Lol, love the scene from Ferris Bueller's day off.

The expression “The Definition of Insanity is doing the same thing over and over and expecting different results” is claimed by quite a few historic figures, but it is clearly the motto of the Republican Party.

The US will take decades if ever to recover from Trump. The second part of the Simpson's clairvoyance....

5 ( +8 / -3 )

As much as it hurts to say this, everyone should just cut all imports from the US. They cant live without imports so much trade would still happen. Those who dont buy US good can buy from other nations so the world will not notice much interruption to trade. The US on the other hand will be made to realise they dont matter as much as they think they do. Trump alienates everyone, friend and foe alike. While he is in charge of the US then there should be no imports of US products period. The world can live without America, but America cant live without the world. Trump needs to get that lesson learned.

3 ( +7 / -4 )

Dango bongToday  08:26 pm JST

absolutely unacceptable" by Prime Minister Justin Trudeau of Canada

yes the leeches who suck off America do not like when America stops being taken advantage of. a predictable reaction

your trading partners are leeches now? $627 billion in 2016. Exports $320 billion. Imports $307 billion. You are generally in a surplus. But who cares. You want to bankrupt your nation with the bankrupter in chief, fine. We're tired of the disrespect. So glad we signed with the EU and the new TPP so we could get away from you. It'll take years to get going but at least we have a few outs.

Enjoy the high prices

3 ( +7 / -4 )

When are you people going to wake up and see that countries like China, Japan and Korea are laughing at the US -- there's a new sheriff in town and its no longer business as usual

Laughing at us now because the new sheriff is Barney Fife and business was turned into a circus.

The economy changed, as Stranger pointed out, which means the in demand human resources shift to different types of work. Deal with it. It's a free market. Maybe you are only conservative when those values don't harm your unemployed parents.

2 ( +6 / -4 )

the leeches who suck off America

There are about 15-20 countries like Singapore and Australia that have a trade deficit with the USA. So that means America is a leech that is sucking the life out of those countries. What it really means is trade is not a zero sum gain. The stock market is down and real CEOs are against that Trump is doing. But Trump and his supporters will keep blaming President Hillary (This is true because Hannity called her that)

7 ( +9 / -2 )

I don't know much about tariffs or trade wars ... but I am automatically in favor of anything that Trudeau calls "unacceptable."

-1 ( +4 / -5 )

being next door to idiots has always been taxing. Might help Canada reach for more partners. Won't help steel much though as USA is the largest importer so up and replacing that isn't possible. However, the trade war will help other industries diversify and reach appropriate scales. If this takes a few months nothing will change, but if this lasts years we'll see. So many of us are in a US trade deficit that we might consider helping each other instead

3 ( +6 / -3 )

It is THE one sensible thing the president has done since being elected. I support it.

After all our allies have has tariffs on American products for years. Trade is already unbalanced at the expense of the American worker. American politicians need to get on board and end their perfidious ways.

-5 ( +5 / -10 )

Dumping of manufactured products by any country is another form of highly specialized welfare. All welfare recipients are reluctant to lose the hand outs. Life feral animals, feed them and they keep coming back for more.

-4 ( +3 / -7 )

Are European leaders really out of touch with reality that much to think the core of American identity is bourbon, blue jeans, and Harley Davidsons? It's the 21st century. The core of American identity is in transition, but at least can be spotted on social media with a starbucks cup in hand.

Why when America says it will do something with it's own interest in mind, it's "unacceptable"? Time for America to start charging all these countries for the "welfare" they recieve from the US. Especially military and security benefits.

-3 ( +2 / -5 )

no it means those countries have nothing to offer. especially Canada.

If that is true then it means that the US has nothing to offer to most of the world.

6 ( +8 / -2 )

nishikat

yes, that's certainly what we're seeing. In a news report here a US representative was lamenting the administration's NAFTA approach. If the USA can't work with Canada, no one else is going to want to work with the USA either. The quote was "why bother?"

4 ( +6 / -2 )

No mention of this story anywhere on Fox News front page.

6 ( +9 / -3 )

"China seems calm and mature at least the Xi administration. They know they can sell US bonds or sell steel elsewhere."

Heck, let 'em sell their cheap steel elsewhere.

"No mention of this story anywhere on Fox News front page."

Super - Is Fox Business good enough? lol

How Trump tariffs will impact Main Street

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

-7 ( +2 / -9 )

China is the target? The USA imports 2% of its steel from China. Sounds like a big bluff from the bluffer-in-chief. (The USA gets 5% of its steel from Japan.)

3 ( +6 / -3 )

Please keep spreading the word. So many people actually think that America is the one being “protectionist” when in reality we are one of the only few countries that is not!

We must have reciprocal tariffs and trade agreements with other countries. Not let them take advantage of us as they are doing and have done in the past.

There comes a time that President Trump must fight fire with fire to off set those huge trade imbalances and to dismantle other countries unfair trade practices- to break down many stonewall trade barriers, some countries have cleverly hidden.

-6 ( +5 / -11 )

Heck, let 'em sell their cheap steel elsewhere.

A lot of Trump/Hannity followers don't realize that Japan has a trade surplus with China (and it's not cars). Also EU trade with China is more balanced. The EU has more Global fortune 500 companies than the US. If you really want to believe Trump and say that Trade is zero sum then you need to conclude that America sucks. Because when it comes to trade (especially with China) the EU and Japan don't. The president should be a cheerleader for great US technology that cannot be replicated by China. Hint: China cannot replicate jet engines, or high tech Japanese steel that China buys a lot of, or heavy industrial machinery China needs to build their country. Solar panels? Are you kidding? Might as well put a tariff on socks sold at Walmart. Move on the keep ahead of the race for higher technology.

1 ( +5 / -4 )

40 years of massive trade deficits for the US people and now they have registered dying at younger and younger ages for years now because of lowering living conditions.

There is no sense in beating on a dead horse to get up and run again. The USA cannot keep running massive trade deficits like it has been for decades. Expecting things to go on as they have is living in denial of reality.

1 ( +2 / -1 )

Trudeau stressed in his comments he was prepared to "defend Canadian industry" and that the tariffs would also hurt U.S. consumers and businesses because prices could rise.

 

What about US Steel Industries, Mr. Trudeau?

If you want to defend your country industry and then President Trump may want to defend its country's Steel Industry too.

The US was biggest aid donor nation and the US can not give aid to Africa and other poor countries around the world as will as defending its alliances if the trade deficit gap was bigger every year and continuing with its trading partners and too much nation debt.

The federal government's gross debt exceeded $20 trillion according to 8 September, 2017. The US Government needs to reduce its debt and find money to reduce it national debt.

The US can no longer afford to continue trade deficit with its trading partners.

Trade deficit with Germany was $ 64,252 Millions in 2017.

Trade deficit with Japan was - $ 68,847.7 Millions in 2017.

Trade deficit with S. Korea was - $ 22,887.4 Million in 2017.

Trade deficit with Canada was - $ 17,583.2 Millions in 2017.

Trade deficit with Mexico was - $ 71,056.5 Millions in 2017.

Trade deficit with China was - $ 375,227.5 Millions in 2017.

The US Government has to operate its country economy as its trading partners did.

If the US economy was in bad shape and then you can sell your goods to US consumers.

I believe the healthy US economy and fewer deficits with trading partners will be good for the world. They need to negotiate with the US Government for the mount of tariff which will impose on import steels and aluminum into the US.

I'm not US citizen or financial expert, but I'll do the same exactly what Trump was doing if the nation was a disadvantage and its trading partners were taking too much advantage over trade with my country. The US Government has to declare bankruptcy one day if US dollar was not a main currency and the value was dropped and can't pay back the debt. No one can't predict the future. The US trade deficit with its trade partners before too late.

-4 ( +3 / -7 )

Any emperor, president, and dictator’s decisions are only as good as his ministers or advisors. The problem is the corporations and lobbyists out for their own interests and not that of the public. Just look at the two CEO’s sitting left and right of Trump when he announced the tariffs.

There will be no end to the troubles of states, or of humanity itself, till philosophers become rulers in this world, or till those we call rulers really and truly become philosophers, and political power and philosophy thus come into the same hands.

Trump has no philosophy but his own. He says his favorite book is the Bible and the second favorite The Art of the Deal.

2 ( +4 / -2 )

What about US Steel Industries, Mr. Trudeau?

Their value to the world is taken too seriously by the Trumps and some components to US steel should just die as they are not so advanced or competitive? That's what it means.

Japan sells a lot of advanced steel tech. to China because China cannot make the kid of high tech steel needed to build their country. So this complaint is just Hannity and his friends whining on FOX and controlling what Trump says because Trump makes his policy according to what Hannity says.

1 ( +3 / -2 )

The US Government has to declare bankruptcy one day if US dollar was not a main currency and the value was dropped and can't pay back the debt. No one can't predict the future. The US trade deficit with its trade partners before too late. thats just it the US can continue to do what its doing because it has the worlds reserve currency which is backed by nothing and America controls the printing presses. all those deficit countries you mention doesn't even match what the US spends on its military every year , about $500 billion. and this doesn't even take into account government pensions, healthcare benefits for its vets and public servants, estimated to run into the $trillions. America could wipe clean its deficit problem tomorrow and it wouldn't balance it budget. Americas problems arnt its deficits with other countries its has a major spending problem. Add to this Trumps 1.5trillion in tax cuts and $1trillion in infrastucture spending the deficit is only going to increase under Trump.

3 ( +6 / -3 )

The problem with the anti-American faction is that they appeal to emotions more often than not. Sure, America is a leech. But why? Because it can be a leech! Instead of power, the anti-americanist want to use morality and emotional arguments-- in short, the slave mentality. At least in this light, Kim Jong UN seems more intelligent than most of Europe. At least he knows it will take power--not moral beatings--to stop America.

-3 ( +2 / -5 )

Anyone who wants the USA to keep running massive trade deficits simply wants the USA to be destroyed.

That is all there is to it.

-2 ( +1 / -3 )

I can't wait for the TPP to start without the US and the EU, all those great agriculture products and fine foods from the EU , Australia , NZ, yummy. remind me what is it that America sells that people want to buy, thats actually made in the US and not China!?

4 ( +5 / -1 )

*gokai_wo_manekuToday  05:23 pm JST **Well, a trade war is better than a nuclear war. Unless Trump, in his own mind, sees a trade war as practice for a nuclear war.*

*sf2kToday  08:01 pm JST** We should accept it versus nuclear war, something he is finding he can't just arbitrarily commit*

What strange comments. A Trade war is not a replacement for or an alternative to a nuclear war. Not to mention that we are hardly at the brink of "nuclear war" with Canada, EU, Japan, SK, Mexico, all our trading partners.

The only example of "starting a Trade War in order to avoid a Nuclear War" making any sense is if the US imposes high tariffs only on China to force them to make North Korea terminate their nuclear and missile program.

4 ( +4 / -0 )

It's good to see an American President doing what should have been done 30 years ago.

At least the reason he gives of National Security is more credible than Japanese snow being different.

-5 ( +3 / -8 )

Trade wars are zero sum games. No matter what Trump thinks he can do, the world can counter measure in kind

3 ( +5 / -2 )

I can't wait for the TPP to start without the US and the EU, all those great agriculture products and fine foods from the EU , Australia , NZ, yummy. remind me what is it that America sells that people want to buy, thats actually made in the US and not China!?

There are a few countries in Southeast Asia that are going to do well under the TPP but the economic benefit to Australia and Japan is going to be very small. The lure of the US market was the real incentive for starting talks in the first place.

-1 ( +1 / -2 )

Bush did the same thing and the WTO overturned it. The only economic impact to the US was a decline.

No one has ever “won” a trade war.

The US will always have a trade deficit because it gave manufacturing to lower wage countries on purpose to focus more on scandalous, tricky financial instrument creation and trading. Financial trading creates nothing.

War and the war industry is the major export of the US now.

You will always have a trade deficit with your grocery store and the US will always have a trade deficit because it doesn’t make many things anymore.

6 ( +8 / -2 )

Not that the Canadians are listening to me, but I wouldn't start with wine. That would mainly hurt California, and since we did not vote for Trump, he could care less about what happens to our economy.

The man just overhauled the tax code, people are getting back quite a bit of money, companies are handing out bonuses left and right. If that’s not caring, I wonder what his hatred would unleash?

I'd suggest going after Wisconsin cheese or Georgia peanuts.

Seems like a lot of countries around the world are grasping just how STUPID Trump is.

I don’t think Trump cares what the world thinks, I’m sure the feeling is mutual.

In THIS country, though, we seem to be about at the level of a CIVIL WAR between Trump supporters (38%) and the rest of us. It's that bad.

38% that voted, a lot more that didn’t vote, as well as the Obama voters he snagged. And the rest of the world, who cares? Really?!

-6 ( +2 / -8 )

No one “overhauled” the tax code. And the tax cut is temporary, Joe Public will pay more then previously in a few years.

6 ( +7 / -1 )

Hey, the man had a reality show, so he knows the average person has the attention span of a goldfish and is too intellectually lazy to think deeper than a soundbite or a Tweet.

7 ( +8 / -1 )

No one “overhauled” the tax code. And the tax cut is temporary,

2027 by that time, the public will be so used to it and even if the Dems take back power, let them try and change it, I dare them, they would be run out of office so fast.

Joe Public will pay more then previously in a few years.

So as long as jobs in the private sector are created and the with the new tax code and businesses coming back, more people are putting money back into the economy at least we don't have to worry about sky rocketing prices like California and NY that are driving people out of these states.

-7 ( +1 / -8 )

There are a few countries in Southeast Asia that are going to do well under the TPP but the economic benefit to Australia and Japan is going to be very small.

It just means other countries are catching up. The world middle class is expanding. The richest countries can't stay the richest forever.

who cares? Really?!

Stock market is down. It's Trump's fault but FOX will still blame President Hillary anyway.

I don’t think Trump cares what the world thinks

Trump followers don't care about his failures (wall, no Hillary arrest, no Obama arrest, stock market down) but they follow him like a cult leader. Why?

The lure of the US market was the real incentive for starting talks in the first place.

Trump talks about returning to TPP. If he dumped it then why does he talk about returning? And there will be no Trump version of TPP. It's TPP or no TPP. Lure of the market? How about the lure of the Chinese market? Because EU and Japan export a lot more to China than the US. Trump is competing with China in all the wrong ways. Because, for example, you can buy cheap Chinese solar panels in Japan and many Japanese customers are making that choice to save money.

Good on the EU/JP trade agreement. Looking forward to more affordable and hard-to-find delicious food. Just watch the waistline.

3 ( +5 / -2 )

Nowadays, it is very expensive to develop any advanced technology

Yes, and China has very little industrial technology. Look at a modern airplane. Pretty much no Chinese components. Mostly USA/EU/JP.

Call me when Chinese technology is trusted enough for people's lives to depend on it like airplane components.

You need market before you develop.

China tried to reverse engineer a jet engine and FAILED. China is so poor with aerospace that they recently bought Russian rocket engines with technology from the 1970s. They can't even make their own rockets. I do have a couple of cheap Chinese smartphones, however. Pretty nice. Also my computer mouse is made in China. Pretty cool. Thanks, China.

That is why I proposed the United States of Northeast Asia

Then go run for office and do it. Don't just talk about it on JT. I'm not Hannity so I don't have Donald Trump's ear.

0 ( +3 / -3 )

The only trade war Trump is starting is the war between the protectionists vs the free traders in his own party.

What. A. Dope.

2 ( +5 / -3 )

Because it can be a leech! Instead of power, the anti-americanist want to use morality and emotional arguments-- in short, the slave mentality. so remind me again how AMerica is going to solve the NK problem without the help from China, or all out war . Starting a trade war with China wont get their help and starting a war with NK would like kill 100s thousands and just like in the Korean war China would likely step in and invade NK before letting it fall to America and the south. Either way you look at it there is no easy win as Trump is stating.

2 ( +3 / -1 )

Auto sales, canned food sales suddenly dropped down in USA.

1 ( +2 / -1 )

2027 by that time, the public will be so used to it and even if the Dems take back power, let them try and change it, I dare them, they would be run out of office so fast

It's called a sunset provion and expires automatically. The Dems wouldn't be changing anything because it would be changing in its own.

0 ( +1 / -1 )

companies are handing out bonuses left and right.

And some of those bonuses are $2,000 if you've worked at the company for 20 years, which virtually nobody had because of the high turnover rate in those sectors.

least we don't have to worry about sky rocketing prices like California and NY that are driving people out of these states.

Because of high real estate prices.

2 ( +3 / -1 )

It's called a sunset provion and expires automatically. The Dems wouldn't be changing anything because it would be changing in its own

Yes, so the Dems could either continue the policy or as in usual Dem illogical Stalinist fashion go for tax hikes after all those years or cut their throats and I think (which is fine by me) it’ll be the latter.

And some of those bonuses are $2,000 if you've worked at the company for 20 years, which virtually nobody had because of the high turnover rate in those sectors.

Yes, tell every major company and all those people that smiling now. Somehow Nancy and her “crumbs” comment are seriously yaaawn falling on deaf years. I still remember when she was so jubilant about her former bosses $40 tax cut as the greatest thing since the invention of Television. Lol

Because of high real estate prices.

CA and NY can keep those prices, keep the growing gap. Don’t want to waste my money and give it to the government, don’t want to live in and with the increasing poverty, sanctuary cities, illegal aliens having more rights than citizens and crime taking root, so I'll take my money and go where I don’t have to deal with all this insanity.

-6 ( +1 / -7 )

illegal aliens having more rights than citizens

Doesn't happen anywhere in the US.

4 ( +6 / -2 )

Yes, so the Dems could either continue the policy or as in usual Dem illogical Stalinist fashion go for tax hikes after all those years or cut their throats and I think (which is fine by me) it’ll be the latter.

Dems would just be allowing the legislation written by republicans to run its course, which would be the republicans hiking taxes. Why didn't republicans write a solid law for the middle class? Because the republicans only care about the rich.

Yes, tell every major company and all those people that smiling now. 

The major companies know because they created the bonus schemes that allow them to give out minimal amounts of cash whilst getting kuddos from uninformed conservatives.

2 ( +3 / -1 )

You could always plagiarize from a conservative publication again.

4 ( +5 / -1 )

More conservative values:

A bill to stop child marriage in Kentucky was stalled by a conservative group this week

https://www.huffingtonpost.com/entry/kentucky-bill-child-marriage_us_5a9acca4e4b0a0ba4ad3d03f

1 ( +2 / -1 )

Trump still has much to do with 43.1 million 12.7% living below the poverty level.

Since coming into office the unemployment rate has only dropped 0.5% while under Obama it dropped 5.1%.

Aug 2009 9.8%. Dec 2016 4.7%. Sept 2017 4.2%.

The lowest tax bracket had no tax reductions and remains at 10%.

2 ( +3 / -1 )

And the rest of the world, who cares? Really?!

Channeling the political madness of Trump is kind of ironic. It will be America's undoing.

These are not the actions of someone fit for office. These are the actions of a spoilt child throwing a temper tantrum. And yet... and yet, amazingly, his supporters will cheer him on like lemmings.

Gosh only knows why. It's akin to waking up one morning and finding yourself in Bizarro world.

0 ( +2 / -2 )

The relationship of the steel industry between the US and Canda is very integrated for the automobile and airplane manufacturing for one. According to Reuters, "Canada buys more American steel than any other country, accounting for 50 percent of U.S. exports, and the steel and aluminum industry is highly integrated"

0 ( +0 / -0 )

In other news, one of Trump's billionaire buddies sold off millions in steel stock just before the announcement.

http://fortune.com/2018/03/03/carl-icahn-steel-shares/

Sure looks like insider trading to me.

0 ( +1 / -1 )

In other news, one of Trump's billionaire buddies sold off millions in steel stock just before the announcement.

http://fortune.com/2018/03/03/carl-icahn-steel-shares/

Sure looks like insider trading to me.

Yeah, so much speculation is going into why Trump is supporting this one industry at the cost of so many others, but they may be looking at it the wrong way entirely - he may not be trying to protect that industry whatsoever, it may just be a way he can make a bunch of money on a private level.

2 ( +3 / -1 )

Strangland, are you suggesting that Mr T is lining his and his cronies pockets at the expense of the tax payer? tut tut sir! I think that Mr T is a good and honest man, looking after his country like he said he was going to do in his speeches when he was running for the presidency.

1 ( +1 / -0 )

List of Trump companies

https://qz.com/461688/a-list-of-everything-donald-trump-runs-that-has-his-name-on-it/

2 ( +2 / -0 )

If Dems take back control of Congress, they will put the brakes on a lot of the crazy stuff Trump has been doing. Impeaching him out of office will not be so easy, however. While it only takes a majority in the House of Representatives to bring charges against the President, it takes a super-majority in the Senate to convict and remove him from office. I would be surprised if any Republicans vote for conviction, given their total lack of moral backbone so far, and it is not likely that Dems will achieve the necessary super-majority in just one election cycle. Senators serve for six years, while elections occur every two years. Thus, only about a third of Senate seats are up for a vote each election cycle. In the House, all 435 seats are contested in each two-year election.

1 ( +1 / -0 )

Impeaching him out of office will not be so easy, however. 

And first you'll need a reason or some charges of criminal activity to do that. Hahaha

Keep dreaming though.

0 ( +1 / -1 )

@zichi - Trump marketed his name as a brand, rather than actually running those Companies. The BBC did a great documentary upon that a while back. He went bust with his Casino's then found that his name was worth more than his actual business endeavours...so sold the right to use his name. I'd be interested to see of which of those companies listed on the web page, he actually has a stake.

3 ( +3 / -0 )

mmwkdw

Trump owns more than 400 companies which he was suppose to sign off on when he became president.

2 ( +2 / -0 )

I think it would be smart not to over react at this point. Trump may be indicted for crimes before he gets a chance to further upset the world economy. Once he sees prosecutors closing in on him, he may resign from office and flee the country to one where he can't be extradited.

1 ( +1 / -0 )

and flee the country to one where he can't be extradited

Easy guess: Russia

2 ( +2 / -0 )

I wish I could spend a week alongside President Trump.

1 ( +1 / -0 )

@ Mr Noidall

Actually you sound a bit emotional and in search for a moral compass.

By the way Europeans gave the US of A the status of superpower as they manned the Manhatten project during the thirties & forties of the last century.

Three options here: the school bench or the shrink sofa or both :)

-1 ( +0 / -1 )

Looks like Canada will be able to retaliate to the tune of $3.2 billion should Trump proceed with this:

http://business.financialpost.com/news/economy/take-that-trump-how-the-wto-can-authorize-canada-to-hit-u-s-with-us3-2b-in-retaliation-measures

Strangland, are you suggesting that Mr T is lining his and his cronies pockets at the expense of the tax payer?

I think it’s definitely possible.

0 ( +1 / -1 )

Yes, and China has very little industrial technology. Look at a modern airplane. Pretty much no Chinese components. Mostly USA/EU/JP.

Call me when Chinese technology is trusted enough for people's lives to depend on it like airplane components.

Chinese made Y-8 (civil aviation version) have been flew for decades, all components include engines are domestically produced .

China tried to reverse engineer a jet engine and FAILED. China is so poor with aerospace that they recently bought Russian rocket engines with technology from the 1970s. They can't even make their own rockets.

Can you even distinguish jet engine from rocket engine ?

No Chinese rockets use foreign engine, the LongMarch series rocket use homemade YF-73 YF-75 YF-77 engines.

In 2017 China launches 18 vs Japan 7

https://en.wikipedia.org/wiki/2017_in_spaceflight#By_country

-1 ( +0 / -1 )

Chinese made Y-8

I see it's a very reliable prop plane. OK, I stand corrected. Perhaps they can export them someday. Same with their Y-series engines. Perhaps China can compete with the likes of jet engine companies like Rolls Royce. Wait and see (some decade). I understand even though China lags in this area they are still kind of a bit.....behind. Both airplanes and aerospace. China is still behind the advanced world with industrial technology. More proof:

Russia now looking to sell its prized rocket engines to China

The RD-180 is 40 years old but remains one of the highest performing engines.

(News source)

1 ( +1 / -0 )

It would seem Trump is willing to put many other American businesses on the line to try and resurrect the flagging steel and aluminium industries. Nice work!

I wish I could spend a week alongside President Trump.

You probably could, send him your resume. If you did spend a week with him it would be longer than many of his previous employees.

1 ( +1 / -0 )

Login to leave a comment

Facebook users

Use your Facebook account to login or register with JapanToday. By doing so, you will also receive an email inviting you to receive our news alerts.

Facebook Connect

Login with your JapanToday account

User registration

Articles, Offers & Useful Resources

A mix of what's trending on our other sites