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Posted on 3/8/18 at 2:47 pm to GumboPot
Trump just said the tariffs will not apply to steel coming into country as raw material
Posted on 3/8/18 at 2:48 pm to Jyrdis
Trump’s response to the WTO would be “OK, I give in. Mexico and Canada get tariffs too.”
Posted on 3/8/18 at 2:51 pm to buckeye_vol
quote:
No. Germany accounts for 3%, and I’m sure there are others in the in 22% that are no in the top 10 import nations. But beyond EU South Korea (10%), Japan (5%); Taiwan (4%) are also in the top 10.
Look for POTUS Trump to drop the tariffs from countries that produce steel and aluminum directly except China.
China is being punished.
The rest of the world can get rewarded if they are not passing through Chinese steel and aluminum and receive exemptions.
Mexico and Canada who currently have the exemptions will have the tariffs apply if they continue the pass through practice.
This post was edited on 3/8/18 at 3:04 pm
Posted on 3/8/18 at 2:53 pm to TigerBait1971
Why are these two guys cheering?
The answer:
The answer:
This post was edited on 3/8/18 at 2:59 pm
Posted on 3/8/18 at 2:53 pm to OMLandshark
Id like to explain it to you but you'll call me a tin foil hat conspiracy theorist . Until you here it for yourself from MSM lets just say Trump is #MAGA and That is all that really matters .
Posted on 3/8/18 at 2:58 pm to HailHailtoMichigan!
quote:I'm pleased that he's getting worn down from "significant deadweight loss" to "mostly pointless signaling"
Trump just said the tariffs will not apply to steel coming into country as raw material
Posted on 3/8/18 at 3:05 pm to HailHailtoMichigan!
quote:
Trump just said the tariffs will not apply to steel coming into country as raw material
what is that supposed to mean exactly
Posted on 3/8/18 at 3:11 pm to GumboPot
quote:
China is being punished.
Chinese steel already falls under U.S. duties tariffs and import controls. they will be less affected by this
Posted on 3/8/18 at 3:14 pm to OMLandshark
quote:One of the smartest political plays I've seen him make. The "tariffs" will be full of holes and will exempt pretty much every one of our major steel and aluminum trading partners...but he got his photo op with the guys in hardhats.
But why?
I tip my hat. Sincerely.
Posted on 3/8/18 at 3:15 pm to Navytiger74
Stocks don’t think the tariffs have much teeth
Close nearly 100 points in green
Close nearly 100 points in green
Posted on 3/8/18 at 3:16 pm to HailHailtoMichigan!
Hopefully this is the trade war equivalent of his token cruise missiles at Syria and this is the last we hear of it
Posted on 3/8/18 at 3:18 pm to HailHailtoMichigan!
quote:Yep.
Stocks don’t think the tariffs have much teeth
Posted on 3/8/18 at 3:19 pm to Usafgiles
quote:
hinese steel already falls under U.S. duties tariffs and import controls. they will be less affected by this
It's the pass thoughs that will hurt them. They have been avoiding the tariffs through pass throughs. China can't avoid the tariff now.
Posted on 3/8/18 at 3:20 pm to tke857
quote:
Donald J. Trump ?
@realDonaldTrump
China has been asked to develop a plan for the year of a One Billion Dollar reduction in their massive Trade Deficit with the United States. Our relationship with China has been a very good one, and we look forward to seeing what ideas they come back with. We must act soon!
Elon Musk ?
@elonmusk
Do you think the US & China should have equal & fair rules for cars? Meaning, same import duties, ownership constraints & other factors.
12:10 PM - Mar 8, 2018
Elon Musk ?
@elonmusk
Replying to @elonmusk @realDonaldTrump
For example, an American car going to China pays 25% import duty, but a Chinese car coming to the US only pays 2.5%, a tenfold difference
Elon Musk ?
@elonmusk
I am against import duties in general, but the current rules make things very difficult. It’s like competing in an Olympic race wearing lead shoes.
12:24 PM - Mar 8, 2018
Posted on 3/8/18 at 3:21 pm to GumboPot
I'll withhold judgement to see if that is the case, but why not just single them out and maybe add SOKO.
Posted on 3/8/18 at 3:23 pm to CAD703X
quote:I think that's a misquote. $1B a year doesn't do shite against our deficit with China. I think it's $100B.
China has been asked to develop a plan for the year of a One Billion Dollar reduction in their massive Trade Deficit with the United States.
quote:And this is a strange claim. How many Chinese cars are sold in the U.S.? Honest question. I don't know anyone with a Chinese car. I believe some Chinese conglomerate bought a controlling stake in Volvo some years ago, but I assume the cars are still mostly manufactured in Europe.
For example, an American car going to China pays 25% import duty, but a Chinese car coming to the US only pays 2.5%, a tenfold difference
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