Yeah but the deficit is 1Trillion soooooooooooo not helping at all
If only someone could show the debilitating effects of tariffs on businesses to Trump. Countries like Ethiopia are a good showcase of how inefficient government imposed tariffs have chocked the local economy and discouraged investment.
Domestic firms are not bearing the brunt of this cost, neither consumers.
Does it do anything to balance our budget?
And all paid by American - not foreign - business
Not bad, at least somebody got benefits 😜
Paid mostly by US businesses
Almost 1 percent ofthe deficit he has created. Excellent work Don!
They should probably stick to border protection and customs.
From the pockets of everyday working American taxpayers ...
But the consumer is paying.
And the cost of that? At least show both sides of the equation.
“American people see 7.1 billion dollar tax increase under Trump”. I fixed it.
Too many people don’t have a clue how this tariff really works. US companies are finding manuf. in other countries to buy goods from at cheaper prices due to the tariff and prices reduce for US. Short term pain from tariffs but in the long run China loses billions and we win.
Excellent move 👍
Trump has contrived the dumbest way to move wealth from American consumers into the Federal Treasury (while shrinking our economy)
Nobody said TradeWar is free…
Yep. Increasing taxes raises revenue. But there are better ways to increase taxes.
Tariffs are charged on the importing economy not the exporting
Has 'The Economist' forgotten that 'we the people' pay for everything?
It's simple. Trump means business.
“Where economists would contradict Mr Trump is over his claim that his tariffs are “being charged to China”. In fact, the costs of these tariffs are borne largely by American firms and consumers.”
*Tax revenue
That’s the whole idea. It’s called Balancing Trade.
Gov't 'revenue' is generated from taxes(tariffs are a tax) and fees.....
Such a misinterpretation, it was stockpiling year
American soy farmers, steel-workers, and car factory workers are elated.
And how much of that is being used to subsidize the Farmers because of the trade war!
A tax. “Free trade, tariffs, & all that” YouTube video by Dr. Yaron Brook 14min Dr. Yaron Brook: author, world traveling defender of capitalism and debunker of socialism, chairman of the board of Ayn Rand Institute, prolific video creator. yaronbrook
Somebody is paying for this. Guess who it is.
This is and will be coming out of the wallets of American consumers and for the most part those who can least afford it
Almost covers the 12 billion farmer bailout
So this is hurting us how?,,
Recession will cost U.S trillions
The Economist: WTH we love taxes now!
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Donald Trump's 'lose-lose' trade wars cost America and China $6bn in 2018The duel for economic superiority between Beijing and Washington D.C. has cost each country $2.9 billion a year. Yup. And let us not forget Mr. Art-of-the-Deal saying “Trade wars are easy to win”. Trump has no clue about economics, international relationships, or much of anything else. He’s only run a family business— badly, w/multiple bankruptcies. What a lousy POTUS! “Trade wars are easy to win!” Perhaps a suitable epitaph for the headstone of this presidency which has succeeded in bringing only division & chaos to society & the markets! And Putin says, good job Trump!
Source: Newsweek - 🏆 468. / 52 Read more »
Donald Trump's trade wars have cost Nebraska farmers over $1 billion and counting, Farm Bureau saysPresident Donald Trump's ongoing trade wars have reportedly been costly for Nebraska farmers. I'll Cry Tomorrow, you get what you voted for? I wish more of the Midwest voters had paid better attention and voted with knowledge. Sadly, this is what many of them elected. But yall love him huh real Winner that🤡
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'I am a Tariff Man': Trump threatens to restart trade war if China talks failIn a series of Tuesday morning tweets, Trump showed optimism about reaching a ' fair deal' with China but stressed that he is 'a Tariff Man' if talks fail. RESIGN realDonaldTrump Of course you are and a fool at the same time💩🤡👹 He seems to account tariffs as revenue but fails to take account of the lost competitiveness (and market) for US made goods abroad. FastCompany FT brianstelter SeekingAlpha MSNBC
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Volvo's $30 billion IPO is officially off, and Trump's trade war is to blame'There are no plans or time schedule for entering into the equity market,' Hakkan Samuelsson, Volvo's chief executive said at the LA Auto Show. Lol.... sureeeeee You can make a game of it, choose a topic, choose one thing Trump said or did in the last 24 months and associate it. I bet this is the master exam for any new journalist. Blaming someone who has nothing to do with a companies failure is scapegoating.
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Farmers mock Donald Trump’s paltry aid payments over China trade warFarmers, particularly those growing corn and soybeans, have been affected by trade tensions between Washington and Beijing. Americans mock newsweek paltry attempt to be journalists. Given that these are the bumpkins that helped to give us Trump, it's hard to feel much empathy for them. They'll be willing to overlook the lies, racism, and xenophobia (or even celebrate it), but they'll only turn on him when they start to hurt. Immoral people. FakeNewsweek?
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At G-20, Donald Trump and Xi Jinping brace for 1st meeting since trade war launchedThe world will be holding its collective breath this weekend as President Donald Trump and Chinese President Xi Jinping meet on the sidelines of the G-20 summit in Buenos Aires for the first time since a tit-for-tat trade war began in earnest earlier this year. 'We hope that both sides can discuss
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Trade war could lead to economic collapse like 2008, China warns Donald Trump“We are the two largest economies in the world, so whatever happens in our economic cooperation will have an impact globally,' Chinese Ambassador Cui Tiankai warned. “This is just a fact, this is reality.” 214,425th Doomsday clock China will go back to serfdom without US market.
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Donald Trump's trade wars leave U.S. farmers 'helpless' as other nations gain advantagesPresident Trump signed an executive order to withdraw the United States from the Trans-Pacific Partnership in 2017. He said at the time that the move was a “great thing for the American worker.” But Farmers have decided to remain $ilent until they lose their farms ... Then it won't matter anyhow!!! Not true! This is a troll. What could anyone expect. realDonaldTrump bankrupted himself time after time, now he's doing the same thing to the nation.
Source: Newsweek - 🏆 468. / 52 Read more »
Exclusive: China not seriously considering U.S. Treasuries as trade war weapon - envoyChina's ambassador to the United States said on Tuesday he does not believe... They play long game ,looking at trump as a short term issue who will go away in 2 to 6 years. US Dollers are the words of wisdom and knowledge Everything can be purchased from them. Any easy way is liked by everyone I believe them as much as I believe realDonaldTrump
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US Treasury yields move lower as trade war talks continueU.S. government debt prices were higher on Monday morning, after robust jobs data and a dovish turn from the Federal Reserve helped to alleviate concerns of a possible economic slowdown.
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