>Trump's latest $16 billion dollar tariff list will hit semiconductors from China, even though many of the basic chips in these products originate from the United States, Taiwan or South Korea.
>“We have made the case to the Trump administration, in the strongest possible terms, that tariffs imposed on semiconductors imported from China will hurt America’s chipmakers, not China’s, and will do nothing to stop China’s problematic and discriminatory trade practices,” Semiconductor Industry Association John Neuffer said in a statement, adding, "Unfortunately, they're going through with the measures anyway."
when will faggots learn that service economies cannot win a trade war vs a maufacturing economy?
Connor Campbell
Republicans have ties to businesses that benefit from the tariffs in that they weaken the competition at home. Trump gets a cut of it. It’s not that difficult to figure out.
John Fisher
dumb gook. trump has an economics degree, what do you have?
Free trade is practically the only consensus that exists among economists.
Kayden Peterson
This 4.1% was before the trade war
Blake Green
Wharton
This is the most pro-business, pro-economy admin in US history. They arent just going to mindlessly damage our growth. Trust Trump.
Samuel Thompson
all the faggots have already learned that, my friend. it is only a certain orange goblin that hasn't gotten the memo yet.
Jaxson Bennett
Record lows as continued by the previous administration. Trump had nothing to do with it. Not to mention that low unemployment doesn’t mean we don’t have gross economic polarization.
Alexander Ortiz
then why doesn't china?
these are reciprocal tarrifs aimed at reducing a deficit caused largely by unfair trade practices.
Matthew Collins
It's not going to last. The US stock market is worth more than it's GDP, in other words our stock market is way overvalued. It's unstable and there is going to be an inevitable crash or severe bear market at the very least. He's artificially pumped the economy up so high with tax breaks that it's standing on it's tippy toes and it would take just a small gust of wind to knock us off of our feet.
IT WAS ALL OBAMA!!!! he had the lowest interest rates in national history and did nothing with it. Rates have rose steadily under trump since the beginning and he still out grew obamas best quarter in 1/4 the time.
Robert Long
I really wish he'd stop all this nonsense. Our companies in china may be at risk. For example Boeing has a trillion dollars contract at stake in China and they are now thinking of going with Airbus.
Camden Young
>then why doesn't china? Why doesn't China what? Do you legitimately think it's a well-run country? Should the US build a bunch of ghost towns in the middle of nowhere as well just because China does it? Face it, trade deficits are practically correlated with GDP growth in reality.
Evan Wood
I think him stupidity cannot be generalized with all the cunt
Camden Hughes
>trump has an economics degree Economics is looking pretty grim.
John King
I was referring more to the protection of domestic industries and devaluation of currency
Joshua Green
They don't know the history either. 400 years seem to be too long.
Kevin Murphy
>Growth was all obama! >shows a trend beginning under the obama administration >HES GOING TO RUIN IT ALL!
Jackson Nguyen
where did i mention obama
Kayden Young
so, which country is trump going to invade first when the economy tanks?
Liam Watson
It's nothing but thinly veiled corporate welfare. Forced devaluation fucks over consumers for the benefit of a tiny minority, and it's also counterintuitive because it is worse for the economy as a whole since many domestic industries actually depend on imports themselves, plus there's all the money you're taking away that would otherwise be invested as you're redirecting it into taxes (because that's what tariffs are in the end).
Jason Diaz
This. I am seriously sick of hearing about this faggot.
Landon Martinez
Its okay. He will offset it by putting asbestos in the elementary schools all across america. MAGA!
Except the U.S. tried these exact same measures with Japan in the 1980s. America complained about Japan’s unfair trade practices jeopardizing America’s national security and putting American workers out of work. Sound familiar? Then Washington kicked off a trade war.
The result? Japan caved to literally every U.S. demand, which sent its economy into recession for TWO DECADES. What did America get out of it? Not really anything in the end.
>Even though America’s trade deficit with Japan persisted, there was not much the U.S. can do with a prostrate Japan mired in recession.
The kicker is that China was already changing its trade practices, mostly because they realized they needed to start protecting their own tech industries and so the returns they were getting from stealing foreign tech were diminishing compared to what they would get by protecting companies, both foreign and domestic.
The cat was already out of the bag, this is all about containing China's rise like America tried to do with Japan in the 80s. Only China knows this, and they're much better prepared to weather a trade war than Japan.
>From Beijing’s perspective, the lessons learned from the U.S.-Japan trade war are clear: don’t yield to U.S. pressure as Japan did, and don’t become solely dependent on America as an export market as Japan was. And China today is in a much stronger position to put into practice these lessons learned. While Japan’s GDP was only at 40% of America’s in the mid-1980s, China’s GDP was close to 70% of America’s last year, according to the IMF. Japan’s total import has never been big enough for it to wield real international influence, whereas China today is the biggest market for a growing list of countries including Japan, Australia, Brazil, Russia, South Africa, and South Korea.
Renewable energy industries are still outperforming coal, despite Trump doing his best to undermine them in his bid to try and preserve the coal industry.
Oliver Baker
>Which begs the question of why you're destroying your own manufacturing bases. 4D chess.
Charles Butler
Coal is a sinking ship no matter what, trump just appealed to coal miners for easy votes. Hell, he probably won the election because he appealed to the usually democrat rust belt states, where everything the US used to be manufactured. Nothing is going to bring that back though, we have evolved past making our own simple shit.
Christian King
what "trend"? central bank interventions propping the market temporarily.
Blake Brown
>trump just appealed to coal miners for easy votes He could've done that without undercutting renewables though.
>President Donald Trump’s tariff on imported solar panels has led U.S. renewable energy companies to cancel or freeze investments of more than $2.5 billion in large installation projects, along with thousands of jobs, the developers told Reuters.
Wyatt Anderson
Literally nothing bad has happened during his entire presidency so far. Leftists are nitpicking and losing their minds over any little thing he does because they can't comprehend the fact that he might actually be more successful than they've hoped for. Prepare to see these mental for the next 6 years
Angel Richardson
Asbestos used properly isn't bad per say.
Anthony Scott
he hasn't done anything good either, just temporary band aids to the economy.
Evan Moore
How do you correctly use asbestos
Grayson Gray
I honestly think he doesn't want to be President. I vaguely remember Trump saying he wasn't serious when he ran initially.
Dylan Peterson
By keeping it in the ground.
Jack Garcia
China is a brutal dictatorship, dude. Why do we owe them business?
Zachary Martinez
t. worlds largest asbestos exporter
David Butler
well he is obviously chest deep in the russian shit. he has been money laundering for them since late 1980's. he is being exposed slowly but surely. the manafart trial is the preparatory salvo.
Adam Perez
Because our economy would collapse if we didn't?
Samuel Brown
Are you really this ignorant?
Jose Hernandez
They are retarded. It’s not even worth reminding them.
Brandon Morgan
>calls american retarded on economics >keeps posting american articles as his support Not everyone here is drumpf sweety
Juan Miller
They were at record lows under Obama and his free trade/china supposedly ripping America offas well. Hmmmmmm
Kevin Powell
I saw a thing earlier where he apparently admitted to meeting with Russians, or maybe it was his son, for the purpose of "getting dirt" on Hillary Clinton. As though it wouldn't be seen as doing anything wrong, fucking lol. His lawyers must be dreading every time they turn on the news.
Thomas Green
>trump is representative of the average american
Jonathan Morgan
Saudi Arabia is more brutal but you seem fine with them.
Josiah Nelson
This was during the elections, for context.
Alexander Smith
>April-June Guess when the tariffs took effect, Jow Forums.
Joshua Gutierrez
Are you implying that americans have any qualms when dealing with brutal dictatorships?
Gabriel Thompson
>Saudi Arabia is more brutal Their banter certainly is. Wew lad.
This, I'm still baffled by the fact that no-one called the Chinese on their policy, they are actually xenophobic, they refuse citizenship to anyone, you can't own property there, they are the most protectionist country on earth, they don't respect human rights and have no concept of privacy in the age of the Internet, the list goes on for hours yet no-one bats an eye
Jason Reyes
Deficits are caused by capital flows as a result of savings/lack of savings.
They have next to nothing to do with “trade practices”. China ran a deficit with the USA until 2001 for heaven’s sake. China runs a trade deficit with the entire world except the USA.
Did you notice that the USA runs trade deficits of $300 billion with the EU and $150 billion with South Korea/Japan? Are they being unfair?
Anthony Miller
t. Dystopian NSA police state
Cameron Ross
bwahahahahaha
Jaxon Reed
>Buh, buh muh drumpf I'm voting for him in 2020 and nothing you say will stop me. Stay triggered cuck.
Easton Hughes
The vast majority of Americans couldn't care less about politics. They are too busy living their lives. The american stereotypes you see come from the other 20%, the radical SJWs and MAGApedes. Please notice that normal Americans think that BOTH of these groups are not normal.
Henry Rogers
Strong currency = cheaper goods for your people
Weak currency = your people pay more for the same goods
Asher Rogers
Free trade isn’t “unfair trade practices”. Maybe China dumps steel and we might call that unfair, but what does that have to do with Mexico and Canada? They’ve done nothing but play by the rules that the United States set with NAFTA over 20 years ago.
Jason Powell
Do your fucking jobs, mods.
Isaiah James
lol the nsa has no candle to china.
Austin Allen
There is also a well known fact of him traveling to Russia (still USSR back then) back in in the 1980's. Imagine an american real estate mogul doing business with the KGB in 1987? Most likely he has been a KGB agent since then and/or helped the commies with money laundering. So he is more senior than Putin himself!
Samuel Perry
>they refuse citizenship to anyone Doesn't really seem much harder than other countries, to be honest. clic.org.hk/en/topics/immigration/chinese_nationality/q6.shtml Pretty much all you need is a family member living there or to have a valid reason to be living in the country on a permanent basis. I've heard that getting citizenship in America can be a nightmare.
Hunter Walker
yeah that's right, what are we thinking, back to posting mutts and talk about whiteness
Cooper Perez
simp
Cooper Morris
>MY BOURG ASS IS ON FIREEEEEE
Luis Brooks
hahaha holy shit lmao, i feel sorry for any americans browsing planning on having kids in their lifetimes
Adrian Russell
it will mostly be reversed when we have kids aussie shitposter
Juan Garcia
what i don't understand is how has no one taken china to the WTO yet?
Samuel Evans
I have a feeling that all of this shit is going to be reversed once retard is out of office.
Blake Martin
>China is the most protectionist country on earth,
>The vast majority of Americans couldn't care less about politics. So then he truly is representative, both of your extremes and your apathy.
Brayden Thomas
What you're saying is we won last time and will win again
Adam Foster
I wouldn't say he's a KGB agent. That's far fetched. More like he has business relations with the Russian mafia(who have connection to KGB anyway)in the east coast.
Lincoln Roberts
He has had business dealings with Russian exiled oligarchs as well as the mafia in new york. I'm a little surprised he wasn't arrested for fraud, association with criminal enterprises or money laundering a decade or two ago. Money really does work as a way to buy yourself around the law.
Jackson Martin
they still find buildings here that have asbestos in them from time to time from back when we used it for everything, just hope it doesn't enter into widespread use
I feel sorry for any child who ends up with an anons as their old man.
Grayson Phillips
Voter turnout for the 2016 election was something like 30%. 30% of the population determined our next president. That's what happens when both candidates are piles of dogshit.
Gabriel Thompson
What I'm saying is you need reading comprehension.
Aiden Gray
>I'm voting for him in 2020 and nothing you say will stop me. Stay triggered cuck.
Sounds like a reflection of your society if those are the only kinds of candidates that can achieve the highest office.
Thomas Lee
They have and China loses all the time.
Problem is that the WTO rules the USA and EU wrote protected their state companies and now they’re whining because China is beating them at their own game.
