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Trump Administration Announces Plans to Hit EU With Steel and Aluminum Tariffs

Posted on 5/30/18 at 4:24 pm
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124234 posts
Posted on 5/30/18 at 4:24 pm
quote:

WALL STREET JOURNAL

U.S. Plans to Hit EU With Steel, Aluminum Tariffs
The move, which has been threatened for months, is almost certain to draw a response from the EU

By William Mauldin, Bojan Pancevski and Vivian Salama
May 30, 2018 4:59 p.m. ET


WASHINGTON—The Trump administration, unable to win concessions from European Union counterparts ahead of a Friday deadline, is planning to make good on a threat to apply tariffs on European steel and aluminum, according to people familiar with the matter.

The administration is expected to make an announcement as early as Thursday.

The move, which has been threatened for months, is almost certain to draw a response from the EU, which has threatened to retaliate with its own tariffs on such American products as motorcycles, jeans and bourbon.

President Donald Trump announced in March global tariffs of 25% on imported steel, and 10% on aluminum, based on national security concerns. The White House delayed implementation for some countries, giving those trading partners a chance to offer concessions to avoid the tariffs.

LINK
Posted by dcbl
Good guys wear white hats.
Member since Sep 2013
29727 posts
Posted on 5/30/18 at 4:26 pm to
you can only win at the negotiating table if you are willing to follow through with your threats

damn, I love this President!

Posted by Bunyan
He/Him
Member since Oct 2016
20828 posts
Posted on 5/30/18 at 4:26 pm to


Posted by jamboybarry
Member since Feb 2011
32673 posts
Posted on 5/30/18 at 4:26 pm to
quote:

the EU, which has threatened to retaliate with its own tariffs on such American products as motorcycles, jeans and bourbon.


British hipsters are gonna be fricking pissed
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
74411 posts
Posted on 5/30/18 at 4:27 pm to
Awesome. But will this cause Kudlow to resign?
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
26059 posts
Posted on 5/30/18 at 4:29 pm to
Would be huge for a number of important states and a hit for certain states like Louisiana due to our Port business. Quite honestly the Port business in Louisiana needs to be reexamined anyway and this would force it into operating more aggressively.
Posted by BobBoucher
Member since Jan 2008
16805 posts
Posted on 5/30/18 at 4:29 pm to
Trump telling Soros frick off.
Posted by IllegalPete
Front Range
Member since Oct 2017
7182 posts
Posted on 5/30/18 at 4:30 pm to
In 3 weeks:

BREAKING NEWS:
EU gets on board with Trump, ends Iran deal.

UNRELATED NEWS:
Trump walks back potential steel and aluminum tariffs.

Posted by bmy
Nashville
Member since Oct 2007
48203 posts
Posted on 5/30/18 at 4:36 pm to
Cracks me up that republicans are now pro tariffs
Posted by FooManChoo
Member since Dec 2012
41819 posts
Posted on 5/30/18 at 4:48 pm to
quote:

The move, which has been threatened for months, is almost certain to draw a response from the EU
lol yeah, no duh.
Posted by Breesus
House of the Rising Sun
Member since Jan 2010
66982 posts
Posted on 5/30/18 at 5:31 pm to
quote:

draw a response from the EU


The EU is a disunified and crumbling mess on the verge of total failure.
Posted by Quaker
Member since Mar 2018
304 posts
Posted on 5/31/18 at 9:21 am to
Bump

Just announced trump hitting EU, Mexico, and canada starting Friday.
Can’t link it but just breaking via The Hill.
Posted by Wtodd
Tampa, FL
Member since Oct 2013
67515 posts
Posted on 5/31/18 at 9:22 am to
quote:

The move, which has been threatened for months, is almost certain to draw a response from the EU

Ya think
Posted by Kino74
Denham springs
Member since Nov 2013
5346 posts
Posted on 5/31/18 at 10:16 am to
quote:

The move, which has been threatened for months, is almost certain to draw a response from the EU, which has threatened to retaliate with its own tariffs on such American products as motorcycles, jeans and bourbon. 


If I was Trump, the first thing I'd do after the EU response is to pull every US BMD fitted warship out and send them home to the US. I don't see a need to have our $2.2 billion destroyers provide missile defense on a region that grosses $18 trillion a year and screws us on trade deals.
Posted by Quidam65
Q Continuum
Member since Jun 2010
19313 posts
Posted on 5/31/18 at 11:18 am to
Dow taking a hit as expected.

But today is 401k buying day. Tomorrow is payday. Time to get in cheap.
Posted by JLivermore
Wendover
Member since Dec 2015
1431 posts
Posted on 5/31/18 at 12:19 pm to
Europeans don't like admitting that there are consequences for their continent and lack of unity nearly destroying the world, twice.

If you don't want Daddy in charge, then don't start wars with one another where we have to bail your arse out with our resources and rebuild your countries. Sheesh, We even rebuilt and unified the Nazis. Zero gratitude.

PS: ^^"this is exactly why we hate Americans"^^ too fricking bad, these are the consequences of your ancestors acting like bloodthirsty animals.
Posted by TexasTiger80
Texas
Member since Apr 2018
2396 posts
Posted on 5/31/18 at 2:02 pm to
We have an alpha male on this side of the Atlantic
This post was edited on 5/31/18 at 2:03 pm
Posted by AUstar
Member since Dec 2012
17065 posts
Posted on 5/31/18 at 2:06 pm to
Been Sasse melting. He said "tariffs are the reason we had a great depression." He went on to say "Make America Great Again should not mean making America 1929 again."

Posted by Cruiserhog
Little Rock
Member since Apr 2008
10460 posts
Posted on 5/31/18 at 2:48 pm to
the Trump admin is a bad joke, they have no clue what they are doing and are just winging.

Trump even mentioned to Macron a few weeks back he was intending on banning German luxury car imports.

Trumps a dumbass and any of you that support this fricking clown are dumbasses right along side him.
Posted by SpidermanTUba
my house
Member since May 2004
36128 posts
Posted on 5/31/18 at 3:00 pm to
Trade wars are good, and easy to win! But we aren't in one.


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