Bwahahahaha...Another “expert” who thinks tariffs will start a trade war!
Bring on a trade war! A big one!! Worth $800,000,000,000.00 EVERY YEAR!!!
That $800 Billion = loss of jobs in those countries which have that ugly big foreign trade surplus with us. We can manufacture that $800 Billion worth of goods right here in the good ole USA. We have the know-how, we have cheap energy sources, and we have fewer regulations and restrictions on business, thank you president Trump.
In a trade war, the only countries which lose are those with trade surplus. This is so elementary, I can not believe the career politicians are trying to scare us. I guess their handful ultra-rich donors are not happy because they have invested Trillions in foreign countries to exploit cheaper labor.
Opposition to this specific kind of tariff is based on philosophy, ideology, and “what if” fears based on projections about what might happen in the future.
President Trump’s advocacy for them is based in economic reality. We’ve tried it “their way” for a long time, and we see how well that’s worked. Now it’s time to try something different. Each situation is unique and that’s why ideology is just an anchor, solving actual problems based on ground truth current information is how progress is made. Cohn helped line up the pieces, now it’s MAGA time and thanks for your service.
Sowing FUD (Fear Uncertainty and Doubt) is the first weapon used to maintain the status quo. Screw the status quo, because it is screwing US!
You are so right!!!
Mexico, S. Korea, EU and China will be the big losers because of their trade surpluses.
I’m looking forward to this “war”.
Nailed it. The US is the world's biggest and most lucrative market. What country wants to cut off its nose to spite its face? The US has all the leverage and finally we have a President willing to use it.
Your posts have been great lately. I am a fan.
You hit the ten ring. This country can produce, design or build almost anything. Like Trump says, no problem trading, it's just we're not going to get looted anymore.