Trump hints at retaliation at 'very unfair' EU trade policies

Reuters ^ | January 28, 2018 | Andrew Macaskill

[ebshumidors]

Goofy is a shill.

[MAGAthon]

what the FakeNewsMSN hasn’t been saying:

23 Jan: Newsday: Dan Janison: Trump solar tariff follows in the footsteps of EU, India
Remarkably, the administration is following the example of the European Union, which generally supports renewable energy.
By Dan Janison
And earlier this week, India imposed a 70 percent import duty on Chinese and Malaysian solar panels, stirring debate similar to that surrounding the U.S. announcement on Tuesday…
https://www.newsday.com/long-island/columnists/dan-janison/trump-tariff-solar-panel-imports-china-1.16315173

23 Jan: Forbes: Dave Keating: Trump Follows Europe’s Lead With Chinese Solar Panel Tariffs
What has gotten lost in the coverage, however, is the fact that Trump is following the example of the European Union, which did the exact same thing in September of last year.
The EU has set minimum import duties for Chinese solar modules and cells that price them up to 30 percent above market levels – a level roughly identical to Trump’s…

Both Washington and Brussels have long accused Beijing of ‘dumping’ solar panels into their markets, selling them at below production costs in order to kill their competitors in other markets. The EU first imposed tariffs on the panels in 2013. At the time, Chinese solar panels made up a third of EU sales…
https://www.forbes.com/sites/davekeating/2018/01/23/trump-follows-europes-lead-with-chinese-solar-panel-tariffs/

[vooch]

the USA produced about 20% of the worlds manufactured goods in 1985 and today produces about 18%.

data is your friend

[vooch]

The ex-president of Burundi

Bibi

And lonely Teresa May

LOL

[vooch]

oops

August 2015. i was a stauch supported of DJT here on FR when most were either supporting Eddie Munster or Little Mario

And predicted he would crush that evil woman

[JayGalt]

The point is that he did meet with leaders of other Nations.

Personally I don’t think the EU leaders have any stature to speak of, so your point about President Trump being left in the cold is lost on me.

EU & Asian leaders have all met with him in the last few months in any case. This visit was to connect with business leaders and let them know America is open for business. Those meeting went very well indeed.

[JayGalt]

BTW that was the Rwandan President
https://www.voanews.com/a/trump-world-economic-forum-davos/4226014.html

[vooch]

LOL

burundi
rawanda

[JayGalt]

Data is better when it’s not cherry picked

Manufacturing used to be a larger component of the U.S. economy. In 1970, it was 24.3 percent of GDP, much larger than it is today. America’s edge as the world’s leading manufacturer has also slipped. In 1985, it produced 28 percent of the world’s goods.

Now in 2018 the numbers demonstrate a sharp decline.

U.S. manufacturing is the largest in the world. It produces 18.2 percent of the world’s goods. That’s more than the entire economic output of Canada, Korea, or Mexico. But America’s leadership position is threatened by high operating costs. That gives a competitive edge to other countries. First among these is China. Its low-cost factories manufacture 17.6 percent of the world’s products.

https://www.thebalance.com/u-s-manufacturing-what-it-is-statistics-and-outlook-3305575

[JayGalt]

Sometimes IDK where you guys come from. You post fallacies, because you don’t check, because you are pushing a narrative?

Then instead of acknowledging the fallacies or providing a source you try and use ridicule and double talk to distract from your fallacious post.

[vooch]

there is no question manufacturing should be fostered in the US. the tax reform was a good first step. but we need more much more

I’d like to see corporate income tax at zero plus a territoriality system. The corporate business tax brings in very little revenue, and the negative externalities are in the trillions.

The share of GDP currently consumed by gov‘t is about 42%. We need to get this down to 30% asap.

and then maybe we’d get back up to the 28% share again :)

thanks for correcting the numbers. I think my 20% stat must be from 1995 not 85. my bad.

[JayGalt]

Thanks for your courteous reply.

I agree with your ideas on corporate income tax and shrinking Government is right there at the top of my list of priorities. Luckily I think POTUS has that in mind as well.

[VanDeKoik]

LOL! I’ve needed that phantom edit button many times myself.

[rurgan]

LOL 20% of the world's manufactured goods with only 12 million workers mostly in refineries ? LOL. your stats are idiotic. China had 99 million workers in manufacturing in 2009 and much more today.

The U.S. has had a trade deficit with China in the hundreds of billions every year Plus that is in Chinese currency manipulated over inflated dollars.

The USA has only 12 million “manufacturing” jobs now and declined by 7 million but should have increased because of increase in population .. How many those are in making products is much less. Jobs and tech stolen by China. :
but that's good with you and you sarcastically attack me for pointing out truth:

china in 2009 had 99 million workers in manufacturing. It's much more than that today. it's 10 times more than the USA. .That
shows you which is the manufacturing and world power really .
https://www.bls.gov/fls/china.htm
You are a brainwashed uniformed enabler for the destruction of the USA. how proud you must be . learn to read.

China makes everything China stole all the U.S. industries and tech:

https://cdn.theatlantic.com/static/mt/assets/china/chinamanufacturing.jpg

People like you helped kill the USA. The USA makes only 1/10 of what china does and it's not computers electronics etc as all that tech is made in China . the USA is over cause of you and your ilk. Trump tying to bring it back

[musicman]

"This trade foolishness
is just going to isolate America...."



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[vooch]

how many jobs in farming these days ?

[semimojo]

Tariffs only hurt exporters.

And the US exports over $2T in goods and services each year.

That's millions of American workers hurt.

[rurgan]

That USA "production" is in over valued china currency manipulated dollars .

China had 99 million workers in manufacturing in 2009. Now it's much more.

The USA only has 12 million workers in “manufacturing” and that's probably in refineries. the USA makes no laptops, electronics,etc. as that all is made in China . I doubt the USA produces anywhere near that level of anything. Obama and china turned the USA into a 3rd world country.
china is the manufacturing

All those stats of USA production are in overvalued dollars.

https://www.bls.gov/fls/china.htm

China makes everything China stole all the U.S. industries and tech:

https://cdn.theatlantic.com/static/mt/assets/china/chinamanufacturing.jpg

https://i0.wp.com/nationaleconomicseditorial.com/wp-content/uploads/2016/11/Manufacturing-1-1.jpg?resize=1024%2C732&ssl=1

[JayGalt]

Well POTUS is turning the ship around and once the tide turns it can turn more quickly than expected. Nice graph.

[vooch]

agreed - DJT is a defender of the working man and breadwinner jobs . He deeply understands this topic.

We need to create a environment where there is a excess of breadwinner jobs. I hope & pray after 8 years of DJT that there are 20 million new breadwinner jobs.

It breaks my heart to go to places like Erie & Akron and see vast factories used to store old junk. I wanna cry when when I go to 7-11 and see a 22 year old man working the cash register at minimum wage;, knowing that his daddy and grandfather had jobs that put meat on the table and they were proud to do.

My blood boils when I hire a young kid and his jr. high & high school didn‘t have any wood shop, metal shop, auto mechanic, welding, or reading blueprint classes. They‘ve never seen a drill press or table saw or band saw. They never had a crew cut retired E-6 ‘communicate’ to them in class. I hired a 19 year old kid a few years ago from a solid factory family who didn’t know how to sweep a floor.

It’s not their fault. It’s the fault of Femized Teacher’s Unions and a socialist big government welfare state attitude that even most Repubs have these days.

rant over.

DJY knows all this very well. if anyone can reform this terrible system, he can.