Trump Contemplates Sanctions Against USA

“The steel and aluminum cases again demonstrate Trump’s protectionist stance on trade — a promise to manufacturing workers during his 2016 campaign and a factor Trump himself credits for getting him elected.
 
The recommendations come less than a month after Trump slapped tariffs on foreign solar panels and washing machines.”
 
See Trump administration recommends steep tariffs on steel and aluminum
Chuckle. “Shoots self in foot”, “boomerang”, and “own worst enemy” come to mind when I think about Trumpism and trade. The unintended consequences of instant tariffs versus supporting local business/workers in a few years is disruption. Whatever the merits of the eventual situation, Trump is about to disrupt his economy in a big way. Steel and aluminium are raw materials in manufacturing and important components in imports and exports. Throttling their movements even a little bit or for a short time is a blow to the USA’s GDP. While there may eventually be some gain to some sector of the economy, there will be a prompt decline in almost every other sector.

Think of it. If you slap on a tariff and importation instantly slows, it may take years to build new factories to take up the slack. Essentially, USA will be sanctioning itself. The tariffs won’t hurt China in the least. The world is hungry for its products and if USA ships fewer products made of aluminium and steel, China’s markets increase. So be it. USA, you reap what you sow. Trump adds this to the long list of stupid/crazy things he says and does.

About Robert Pogson

I am a retired teacher in Canada. I taught in the subject areas where I have worked for almost forty years: maths, physics, chemistry and computers. I love hunting, fishing, picking berries and mushrooms, too.
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5 Responses to Trump Contemplates Sanctions Against USA

  1. ram says:

    No doubt a trade war will be “entertaining”!

  2. JD says:

    Sure Mr. P. Just stay tuned into CNN, any day now…

    http://media.breitbart.com/media/2018/02/cnn.jpg

    And speaking of following the money, let’s see if you can put two and two together:

    http://www.thegatewaypundit.com/2018/01/billionaire-couple-found-murdered-toronto-home-linked-clinton-foundations-relief-efforts/
    https://www.clintonfoundation.org/press-releases/76-ton-airlift-medicine-and-medical-supplies-lands-puerto-rico

    “Barry Sherman was to go to Washington to be interviewed by the Office of The Inspector General. During the Haiti earthquake disaster a few years ago his pharmaceutical firms gave millions of dollars in badly needed drugs and large amounts of cash through the Clinton Foundation. The money and drugs never reached Haiti… “

  3. JD wrote, “how does it feel now that your last bastion of hope for impeaching Trump, the Mueller investigation, turned out to be a huge, can you say, ‘nothing burger’?”

    Wrong tense there. The investigation is just reaching top gear. The fun has yet to start. The Trump campaign has turned into a slaughter of minions who will now spill their guts about how the Trumps operate. The mystery about how Trump manages to criticize “Gold Star” families but not Putin is coming into focus. Follow the money… Trump proclaimed “America First” but it has always been “Trump First”. The executive branch was turned over to an organized crime family and it hasn’t turned out well. The investigation will reveal all and the mid-term elections will open the door to impeachment if the GOP doesn’t wake up sooner.

  4. JD says:

    Here’s an alternate perspective Mr. P on what’s going on with tarrifs, Nafta, and how Trudope fails Canada once again, if you can comprehend it:
    https://theconservativetreehouse.com/2018/02/19/justin-from-canada-attempts-backup-option-for-trade-mistakes-fails-miserably/#more-146025

    Also, how does it feel now that your last bastion of hope for impeaching Trump, the Mueller investigation, turned out to be a huge, can you say, ‘nothing burger’? How does it feel to realize that you were constantly lied to 24×7 by CNN et all? Or are you still blinded by hatred from the man’s words that prevents you from observing his actions?

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