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re: Our President is going to tax Europe now! E.U. BTFD! America First!
Posted on 3/3/18 at 2:13 pm to mmmmmbeeer
Posted on 3/3/18 at 2:13 pm to mmmmmbeeer
Explain how the 800 billion dollar YEARLY trade deficit came to exist.
Unprovoked?
Interesting
Unprovoked?
Interesting
This post was edited on 3/3/18 at 2:14 pm
1
Posted on 3/3/18 at 2:51 pm to prplngldtigr
quote:
Explain how the 800 billion dollar YEARLY trade deficit came to exist.
Unprovoked?
Interesting
Uh, because we're the largest consumer country in the world and we like to buy cheap shite? Our economy has moved away from manufacturing and toward service and technology? Our standard of living?
Put it this way...if you strip away all tariffs around the globe and just have completely free trade between nations, we would still be in a tremendous hole because of how much we consume. Tariffs around the world are not the issue, it's our economy. There are provisions in place, via the WTO, which allow for minor disagreements to be handled without a government unilaterally starting trade wars. Trump went straight for the jugular, against the advice of a huge majority of his economic advisers. And now he's escalating it by talking shite?
Worst president ever.
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