45th President of the United States, Donald Trump. (Vol 4)

[The Dangerous Elk]

You seem unable to post anything on topic or relevant, I can only assume you are a stalker.

The one mention of Trump is only close, so to show fairness, please post where I have supported Trump in anyway.

[Byker28i]

The Dangerous Elk said:

Meanwhile ON topic.

Listened to the radio at lunchtime, Trump seems to have got so very positive responses from the public. "Good on him protecting his people" "Well he is about the only Politician doing what he said he would"

where has the hate gone ?

To some he's appealing, they like and believe what he says. Remember most americans haven't travelled. In my many journeys around the US you do find many that are very insular, happy to believe the US first message. It's easy to understand if you've not even left your state...

Todays job figures are up for May. That will help the positive feeling...
https://www.cnbc.com/2018/06/01/nonfarm-payrolls-m...

[The Dangerous Elk]

Uk Steel Boss today.

Because the USA will not take cheap steel/alloy it will affect us by coming here as a result, Trump must stop it !

WyTF has Trump got responsibility for our imports and what we let in ?

[Byker28i]

IJB1959 said:

I think the UK, Canada, & EU should now slap 25% tariffs on ALL imported American goods, then lets see how long it lasts before Trump crumbles.....not very long at all I recon. You can see why Putin was so keen (and meddled in) to have Trump elected as he was predicted to split the western alliance wide apart and therefore in Russia's obvious favour.

10% tariff on Canadian aluminium, 25% on steel, recognising that the US energy sector uses a lot of high quality aluminum that the US haven't the ability to produce.
I can only guess the protectionism about steel is because he thinks he can created manufacturing jobs, or stop the decline, but several of the steel mills are owned by Russian, Indian or Italian companies.

For the last two months, Canada added the10% to their prices, whilst enjoying the two month tariff exemption, so got a $600m bonus. Canada is well placed to produce aluminium due to their abundance of cheap hydro power. Even with the cheap power subsidies suggested, the cheap power makes Canadian metal still cheaper than US even with the 10% tariff.

I'm guessing trump thinks the US producers can ramp up their production, but the majority of the plants are old and inefficient compared to other producers around the world, especially Canada.

Ultimately the US consumer is going to be the one that pays. Cars, Beer cans etc
On the bright side, it might encourage the US to take recycling more seriously

[Zod]

The Dangerous Elk said:

Uk Steel Boss today.

Because the USA will not take cheap steel/alloy it will affect us by coming here as a result, Trump must stop it !

WyTF has Trump got responsibility for our imports and what we let in ?

I expect you are a keen Brexiteer (apologies if I’ve misjudged you). Brexiteers are keen that we should not impose tariffs, so cheap steel that is no longer cheap in the US due to Trump tariffs, will inevitably come here. That is very simple economics.

[DeejRC]

_dobbo_ said:

DeejRC said:

But it’s not being discussed. It’s just carping. Not a single thing being “discussed” on this thread has moved on in a single way in the last 10 months. Yes - Trump is Trump and everything that implies. We know, we have always known this. Whinging about it or raking through the minutiae of whatever the fk is going on in the investigation is of absolutely no consequence!
America has just slapped on trade tariffs on its most important strategic allies over the last 60yrs and 90% of the posts are STILL about Trump being investigated for being Trump!

A trade war has an impact. Trump being an immoral fibber and pussy grabber doesn’t. Unless you think morals are more important than money at an international relations level, in which case you are an idiot. You may be a much nicer person than me, but you are still an idiot.

I'm interested in the idea that if there was more discussion about the trade war it would have some more value somehow than discussing the investigation. Why does it make any difference either way?

Because a trade war actually has an impact - or the potential for material impact upon those within the thread. The investigation doesn't. It is why for me I only dip into and out of this thread on a very rare basis, the vast vast majority of stuff under discussion is of no value. I dipped back in as I presumed the majority of the contemporary discussion would be around that topic. I may not always (mostly) agree with Charlie and BV, but Im always interested in their views when stuff like this crops up.

[Eric Mc]

Seems he jumped the gun on the employment figures and could have breached stock market regulations as a result.

[Zod]

I wonder how long Mnuchin can hold his nose and put up with the economic idiocy here (he clearly has no problem with any of the moral stuff). I expect he and others have tried to explain the Snoot-Hawley disaster to Trump without success.

[IJB1959]

The Dangerous Elk said:

You seem unable to post anything on topic or relevant, I can only assume you are a stalker.

The one mention of Trump is only close, so to show fairness, please post where I have supported Trump in anyway.

Ok chaps, shall we call time on all the slanging matches and keep on topic?

[The Dangerous Elk]

Zod said:

The Dangerous Elk said:

Uk Steel Boss today.

Because the USA will not take cheap steel/alloy it will affect us by coming here as a result, Trump must stop it !

WyTF has Trump got responsibility for our imports and what we let in ?

I expect you are a keen Brexiteer (apologies if I’ve misjudged you). Brexiteers are keen that we should not impose tariffs, so cheap steel that is no longer cheap in the US due to Trump tariffs, will inevitably come here. That is very simple economics.

I am for sure.

My question was : why is he asking Trump to protect OUR market. The USA are free (dependant on the WT court) do anything they wish. There is zero reason for Trump to be held resposable for our markets/imports other than those between us/them. If a third party decides to dump it onto us then it is us who need to control that not the USA.

Trade wars bring trade wars. A false market with false prices (going on for years) in metals has been called to a stop (Trump thinks) due to the US getting pissed off and watching their industry fall apart and generating such a massive trade deficit with the RotW.

Something was always going to give, be it a trade war or a massive crash in one of the worlds leading (large) economies.

[Zod]

Rubbish. Production of certain products can become prohibitively expensive in the most developed countries, principally due to wage levels. Expecting less developed countries to increase their costs to match those of developed countries is absurd and deprives consumers in more developed countries of more affordable goods.

[Escapegoat]

This tariff has kicked in just days after Trump got noisy about too many posh BMW/Mercedes/Audis swanning around NYC. Singling out a German export (instead of, say, French wines) is interesting - he's trying to threaten Germany into not getting snotty about these metal tariffs.

DeejRC said:

material impact upon those within the thread. The investigation doesn't.

And you'd have doubtless said the same about the Watergate investigation. Look, Putin whacking people with impunity also doesn't have a material impact on most of us in the thread. Nor does the design of the latest Ferrari, nor the mapping of diesel cars.

This thread is for talking about the actions and politics around the single-most important person in the world. And whether those discussions have "no value" IYHO is irrelevant. But 10/10 for smugness.

[IJB1959]

Zod said:

Rubbish. Production of certain products can become prohibitively expensive in the most developed countries, principally due to wage levels. Expecting less developed countries to increase their costs to match those of developed countries is absurd and deprives consumers in more developed countries of more affordable goods.

No doubt the WTO will not rule in favour of the US anyway, so it will be short lived.

[The Dangerous Elk]

Then Trump will say it is bent against the USA, what then ?

[IJB1959]

The Dangerous Elk said:

Then Trump will say it is bent against the USA, what then ?

I suppose they will just have to kick him into touch. If it's illegal, then he will have to listen as the US is a signatory.

[captain_cynic]

IJB1959 said:

The Dangerous Elk said:

Then Trump will say it is bent against the USA, what then ?

I suppose they will just have to kick him into touch. If it's illegal, then he will have to listen as the US is a signatory.

I can see Trump being daft enough to attempt to pull out of the WTO. He'll be stopped by his own party though.

[IJB1959]

captain_cynic said:

IJB1959 said:

The Dangerous Elk said:

Then Trump will say it is bent against the USA, what then ?

I suppose they will just have to kick him into touch. If it's illegal, then he will have to listen as the US is a signatory.

I can see Trump being daft enough to attempt to pull out of the WTO. He'll be stopped by his own party though.

Yep, good point as he is mad enough to try.

[The Dangerous Elk]

I accept all that, imagine however we are (in practice) 2-5 years down the line. (which is the orange donks plan ?)

[IJB1959]

The Dangerous Elk said:

I accept all that, imagine however we are (in practice) 2-5 years down the line. (which is his plan ?)

I don't think it will last anywhere near that long. I didn't with Bush trying the same stunt a way back.

[The Dangerous Elk]

want to bet how stubborn he can be ?