Trade Wars

[Verdinut]

He's back to claiming making deals....err, threats.

According to a lawyer who teaches at Ottawa University, what Trump is doing is actually illegal. The former signed commercial agreements rule.

 

[trochetier]

Thanks for that link.

So the domestic producers of goods that have imported competition are increasing their prices, who would've guessed that would happen? The same happened with the price of US steel in the first Trump administration with the Trump steel tariffs.

From your linked article we've the following graph:

View attachment 74011

Strategic pricing -Domestic growers, manufacturers would raise their price too. It would be stupid to leave the extra profit on the table.

 

[mtrycrafts]

Strategic pricing -Domestic growers, manufacturers would raise their price too. It would be stupid to leave the extra profit on the table.

And, higher inflation follows.

 

[Verdinut]

And, higher inflation follows.

And then recession most likely.

 

[mtrycrafts]

And then recession most likely.

And then, it will be Biden's fault.

 

[Mikado463]

And then, it will be Biden's fault.

'Then' ???? Hell, it already is !

 

[Dude#1279435]

'Then' ???? Hell, it already is !

Credibility is pretty well toast for Republican voters since Trump.

 

[Dude#1279435]

Credibility is pretty well toast for Republican voters since Trump.

Not even talking about policy. Just what the climate is really. I think it's a difficult stain to remove.