Trump MAGAThread XI: Button, Button, Who's Got The Button?

[Sane Outcasts]

Guess what time it is? Tariff time!

WASHINGTON (Reuters) - U.S. President Donald Trump announced on Thursday he would impose tariffs of 25 percent on imported steel and 10 percent on aluminum, in a move the administration said would protect U.S. industry, but which critics said would fail to boost jobs and risked stoking a trade war with China.

If there's anyone who actually understands the economy of resources, please chime in, but I'm not seeing much of a positive effect in the future. We're probably in for higher costs on everything using those two metals plus whatever gets hit with retaliatory tariffs in the short term and I don't know enough about our own steel and aluminum industries to say if the country will see anything but a limited benefit for those specific producers as they maybe get more business.

[Neu Leonstein]

So, seems like Trump really doesn't like American manufacturers...

Here's the prices of GM, Ford, Boeing and Caterpillar: https://yhoo.it/2oIR8RX

[Neu Leonstein]

If there's anyone who actually understands the economy of resources, please chime in, but I'm not seeing much of a positive effect in the future. We're probably in for higher costs on everything using those two metals plus whatever gets hit with retaliatory tariffs in the short term and I don't know enough about our own steel and aluminum industries to say if the country will see anything but a limited benefit for those specific producers as they maybe get more business.

I think trade lawyer Scott Lincicome put it best: https://twitter.com/scottlincicome/stat ... 6830222336

US steel production up 5% last yr (90M tons), steady since 2010; profits/stocks up
US already has 160+ special duties on steel imports
Most imports come from US allies (China = 11th)
DoD needs only 3% of US production
Consumer co workers outnumber steelworkers 45:1

[Grunenburg]

Guess what time it is? Tariff time!

WASHINGTON (Reuters) - U.S. President Donald Trump announced on Thursday he would impose tariffs of 25 percent on imported steel and 10 percent on aluminum, in a move the administration said would protect U.S. industry, but which critics said would fail to boost jobs and risked stoking a trade war with China.

If there's anyone who actually understands the economy of resources, please chime in, but I'm not seeing much of a positive effect in the future. We're probably in for higher costs on everything using those two metals plus whatever gets hit with retaliatory tariffs in the short term and I don't know enough about our own steel and aluminum industries to say if the country will see anything but a limited benefit for those specific producers as they maybe get more business.

The Donald continues to harm Canadian exporters, woo.

[Proctopeo]

A hurricane is a generally lot more difficult a problem than a massive fire, especially when you take into account that the Fort McMurray fire cost about 7.7 billion USD in damages, while Hurricane Maria was over ten times that (and mostly impacting Puerto Rico).

Yes, but Fort McMurray was still not a massive trainwreck like the recovery of Puerto Rico.

That's what happens when a giant windstorm picks up multiple trains.

[MegaLand Union]

What I'm saying is immediate reunification is a bad idea, and that it would require a lot more info planning and communication before laying the groundwork. And the sources you provide show support for immediate reunification is about 15%, similar percent don't want reunification. while more then half want to proceed cautiously.

No one is arguing for immediate reunification. No realistic plans for reunification feature immediate reunification. They all feature the gradual meshing of North and South over a long period of time in a way that tries to maximize stability and success. Immediate reunification is just something those with high passions but little knowledge of the situation want.

1) Swiftly and cleanly oust and replace the Kim family
2) Keep the countries separate but governments friendly
3) Integrate economies and open borders like a small pseudo-EU
4) Fully integrate
Should take 20-30 years assuming Russia, China, and Japan don't interfere

[MegaLand Union]

Yes, but Fort McMurray was still not a massive trainwreck like the recovery of Puerto Rico.

That's what happens when a giant windstorm picks up multiple trains.

What if a giant train storm picks up winds

[Proctopeo]

That's what happens when a giant windstorm picks up multiple trains.

What if a giant train storm picks up winds

That's when you fill a train with politicians.

[Ratateague]

Guess what time it is? Tariff time!

WASHINGTON (Reuters) - U.S. President Donald Trump announced on Thursday he would impose tariffs of 25 percent on imported steel and 10 percent on aluminum, in a move the administration said would protect U.S. industry, but which critics said would fail to boost jobs and risked stoking a trade war with China.

If there's anyone who actually understands the economy of resources, please chime in, but I'm not seeing much of a positive effect in the future. We're probably in for higher costs on everything using those two metals plus whatever gets hit with retaliatory tariffs in the short term and I don't know enough about our own steel and aluminum industries to say if the country will see anything but a limited benefit for those specific producers as they maybe get more business.

The Dow fell 500 points as a result of that announcement.

[Telconi]

Having served two full terms as POTUS I would gather he's done per the 22nd Amendment. I also think he would never accept it nor would the Dems' allow his nomination for Veep. I'd like to see BHO on SCOTUS a la W. H. Taft. He knows constitutional law and he is a thinker.

That is a very generous description. He knows a certain political bent. I don't want more nonsense eroding my right to make the flatfoots get a warrant. His administration put up some very dark views on that.

Yeah I want them drone strikes to be as far from my constitution as possible...

[Farnhamia]

If there's anyone who actually understands the economy of resources, please chime in, but I'm not seeing much of a positive effect in the future. We're probably in for higher costs on everything using those two metals plus whatever gets hit with retaliatory tariffs in the short term and I don't know enough about our own steel and aluminum industries to say if the country will see anything but a limited benefit for those specific producers as they maybe get more business.

I think trade lawyer Scott Lincicome put it best: https://twitter.com/scottlincicome/stat ... 6830222336

US steel production up 5% last yr (90M tons), steady since 2010; profits/stocks up
US already has 160+ special duties on steel imports
Most imports come from US allies (China = 11th)
DoD needs only 3% of US production
Consumer co workers outnumber steelworkers 45:1

Based on that, I think President Trump should double the tariffs. I didn't think it was that bad, I mean, this is why we elected that stable genius. Between the President and Mnuchin, I'm already bored with all the winning.

[San Lumen]

Guess what time it is? Tariff time!


If there's anyone who actually understands the economy of resources, please chime in, but I'm not seeing much of a positive effect in the future. We're probably in for higher costs on everything using those two metals plus whatever gets hit with retaliatory tariffs in the short term and I don't know enough about our own steel and aluminum industries to say if the country will see anything but a limited benefit for those specific producers as they maybe get more business.

The Dow fell 500 points as a result of that announcement.

Its not only going to hurt the stock market but the economy as well. Tariffs are a terrible idea and all it will do is cause companies to stop doing business with the United States and hurt the very people that voted for Trump

[Vassenor]

Guess what time it is? Tariff time!


If there's anyone who actually understands the economy of resources, please chime in, but I'm not seeing much of a positive effect in the future. We're probably in for higher costs on everything using those two metals plus whatever gets hit with retaliatory tariffs in the short term and I don't know enough about our own steel and aluminum industries to say if the country will see anything but a limited benefit for those specific producers as they maybe get more business.

The Dow fell 500 points as a result of that announcement.

Must just be a market correction. That's the only reason the markets ever fall now that our Dear Leader is in charge.

[Petrasylvania]

The Dow fell 500 points as a result of that announcement.

Its not only going to hurt the stock market but the economy as well. Tariffs are a terrible idea and all it will do is cause companies to stop doing business with the United States and hurt the very people that voted for Trump

The sheep will continue to worship him and contrive cognitive dissonance to explain why his stable genius fucked them in the wallet.

[San Lumen]

Its not only going to hurt the stock market but the economy as well. Tariffs are a terrible idea and all it will do is cause companies to stop doing business with the United States and hurt the very people that voted for Trump

The sheep will continue to worship him and contrive cognitive dissonance to explain why his stable genius fucked them in the wallet.

They might think differently when their local industries are hurt or collapse and that will happen by November.

[Vassenor]

The sheep will continue to worship him and contrive cognitive dissonance to explain why his stable genius fucked them in the wallet.

They might think differently when their local industries are hurt or collapse and that will happen by November.

Nope. It won't be his fault. It will be someone else's for screwing up his grand vision.

[Holy Tedalonia]

The sheep will continue to worship him and contrive cognitive dissonance to explain why his stable genius fucked them in the wallet.

They might think differently when their local industries are hurt or collapse and that will happen by November.

Fish industry been dying long ago; they have to pay money to hire "watchers" to ensure they don't break the law.

Industries that will die under him have been dying long before him.

[San Lumen]

They might think differently when their local industries are hurt or collapse and that will happen by November.

Nope. It won't be his fault. It will be someone else's for screwing up his grand vision.

Yup it will be those evil Ceo's or business who are against him. They dont want to pay up the Wazoo for steel and aluminum so now they are their enemy

[San Lumen]

They might think differently when their local industries are hurt or collapse and that will happen by November.

Fish industry been dying long ago; they have to pay money to hire "watchers" to ensure they don't break the law.

Fish and steel have nothing to do with each other

[Kramanica]

Apparently one of Trump's district court nominees is too white for Chuck Schumer.

[West Leas Oros]

Apparently one of Trump's district court nominees is too white for Chuck Schumer.

wtf?

[Holy Tedalonia]

Fish industry been dying long ago; they have to pay money to hire "watchers" to ensure they don't break the law.

Fish and steel have nothing to do with each other

Their both have local industries

Fish moreso though.

[San Lumen]

Apparently one of Trump's district court nominees is too white for Chuck Schumer.

well I do think there should be diversity in nominees., Its unacceptable that all Trump is nominating is white men.

[West Leas Oros]

Apparently one of Trump's district court nominees is too white for Chuck Schumer.

well I do think there should be diversity in nominees., Its unacceptable that all Trump is nominating is white men.

San Lumen is an sjw tho...

[Kramanica]

Apparently one of Trump's district court nominees is too white for Chuck Schumer.

wtf?

Beats me. He couldn't find anything wrong with the nominee except that he's white.