During Trump 1.0, Trump promised to "make America great again". He never defined what that meant and nearly caused a Great Recession or Great Depression because of his inability to lead the nation through a pandemic. Now he is promising to "make America rich again" without defining what that means.
By key measures America is very rich. President Biden left him a full employment economy, real GDP growth, real wage growth, with inflation trending downward. He engaged in a trade war last time and it was failure. He will ultimately fail again as tariffs and trade wars do not make a nation rich.
Tropicana orange juice allready rotting in Canadian grocery stores! The personal boycot on US import of goods in Canada started the minute Trump started talking about tariffs and his delusional, stupid and rude idea of a 51st state
Congratulations America. You are officially (now without any shadow of doubt) both an unreliable and an untrustworthy trading partner / ally. I cannot believe this is where we are today.
Oh boy! This is what happens when you elect a mentally ill man with dementia, Felon47 is destroying our beautiful country to enrich himself and Muskrat.
A huge assumption being made by the US govt is that the steel and aluminum exporters are highly dependent on US markets (i.e. won't divert to other markets) and that import substitution can readily be instigated (i.e. increased production in the US). Let's see in the next year if this is the case.
I really hope we sell all our steel and aluminium elsewhere. Since our aluminium is very good and "clean", it should find a new client. Maybe even a client that respects us...
So is he attempting to argue that the previous tariffs he placed on steel and aluminum did not, in point of fact, cause steel jobs to come roaring back?
Comments
Bedassa Tadesse
Professor of Economics
University of Minnesota Duluth
https://theconversation.com/trumps-tariff-gambit-as-allies-prepare-to-strike-back-a-costly-trade-war-looms-248980
#Riseuptostopfascism
#StopTrumpatallcosts
Rage against these scumbfucks!
Stupid president.
https://bsky.app/profile/kevinwardrop.bsky.social/post/3lhueg4op6c2a
https://www.youtube.com/watch?v=EP_rldQ4fAg
Beat him at his own game.