The Inevitable New The Inevitable Trump Mocking Thread
- Thread starter Nonononono
- Start date
Hüsker Dü
DA
"The Left"? First Rubio and then Comey, not exactly the left Mr. Doomass.
Sheriff Joe
DA
Are you kidding me? Rubio is a leftist kook, just like McCain and we all know about Comey and his family of Hillary supporters.
Wise up.
Sheriff Joe
DA
Trump just doesn't give a shit, too funny and right on time.
MAGA.
US to impose steel, aluminum tariffs on EU, Canada, Mexico
Heather SCOTT, with Jurgen Hecker in Paris
,
AFP•May 31, 2018
US Commerce Secretary Wilbur Ross has announced the imposition of steel and aluminum tariffs
US Commerce Secretary Wilbur Ross has announced the imposition of steel and aluminum tariffs (AFP Photo/SAUL LOEB)
Washington (AFP) - The United States said Thursday it will impose harsh tariffs on steel and aluminum imports from the European Union, Canada, Mexico at midnight (0400 GMT Friday) -- another move sure to anger Washington's trading partners.
The announcement by Commerce Secretary Wilbur Ross was sure to cast a long shadow over a meeting of finance ministers from the world's Group of Seven top economies that opens later in the day in Canada.
Ross said talks with the EU had failed to reach a satisfactory agreement to convince Washington to continue the exemption from the tariffs imposed in March.
Meanwhile, negotiations with Canada and Mexico to revise the North American Free Trade Agreement are "taking longer than we had hoped" and there is no "precise date" for concluding them, so their exemption also will be removed, Ross told reporters.
The announcement was confirmed by presidential proclamation shortly after Ross addressed reporters.
Despite weeks of talks with his EU counterparts, Ross said the US was not willing to meet the European demand that the EU be "exempted permanently and unconditionally from these tariffs."
"We had discussions with the European Commission and while we made some progress, they also did not get to the point where it was warranted either to continue the temporary exemption or have a permanent exemption," Ross said.
Ross downplayed the threats of retaliation from those countries, but said talks can continue even amid the dispute to try to find a solution.
And President Donald Trump has the authority to alter the tariffs or impose quotas or "do anything he wishes at any point" -- allowing "potential flexibility" to resolve the issue.
Trump imposed the tariffs of 25 percent on steel and 10 percent on aluminum using a national security justification, which Ross said encompasses a broad array of economic issues.
South Korea negotiated a steel quota, while Argentina, Australia and Brazil have arranged for "limitations on the volume they can ship to the US in lieu of tariffs," Ross said.
"We believe that this combined package achieves the original objectives we set out, which was to constrict imports to a level to allow those industries that operate domestically to do so on a self-sustaining basis going forward."
- Not a western -
French Economy Minister Bruno Le Maire has warned before the announcement that the EU would take "all necessary measures" if the US imposed the tariffs.
"World trade is not a gunfight at the O.K. Corral," Le Maire quipped, referring to a 1957 western movie
"It's not everyone attacking the other and we see who remains standing at the end," he said, declaring that the stiff taxes would be "unjustified, unjustifiable and dangerous".
German Chancellor Angela Merkel said the EU would respond in a "firm and united" manner to the tariffs.
"We want to be exempt from these tariffs" which were "not compatible" with World Trade Organization (WTO) rules, Merkel told a press conference with Portuguese premier Antonio Costa in Lisbon
MAGA.
US to impose steel, aluminum tariffs on EU, Canada, Mexico
Heather SCOTT, with Jurgen Hecker in Paris
,
AFP•May 31, 2018
US Commerce Secretary Wilbur Ross has announced the imposition of steel and aluminum tariffs
US Commerce Secretary Wilbur Ross has announced the imposition of steel and aluminum tariffs (AFP Photo/SAUL LOEB)
Washington (AFP) - The United States said Thursday it will impose harsh tariffs on steel and aluminum imports from the European Union, Canada, Mexico at midnight (0400 GMT Friday) -- another move sure to anger Washington's trading partners.
The announcement by Commerce Secretary Wilbur Ross was sure to cast a long shadow over a meeting of finance ministers from the world's Group of Seven top economies that opens later in the day in Canada.
Ross said talks with the EU had failed to reach a satisfactory agreement to convince Washington to continue the exemption from the tariffs imposed in March.
Meanwhile, negotiations with Canada and Mexico to revise the North American Free Trade Agreement are "taking longer than we had hoped" and there is no "precise date" for concluding them, so their exemption also will be removed, Ross told reporters.
The announcement was confirmed by presidential proclamation shortly after Ross addressed reporters.
Despite weeks of talks with his EU counterparts, Ross said the US was not willing to meet the European demand that the EU be "exempted permanently and unconditionally from these tariffs."
"We had discussions with the European Commission and while we made some progress, they also did not get to the point where it was warranted either to continue the temporary exemption or have a permanent exemption," Ross said.
Ross downplayed the threats of retaliation from those countries, but said talks can continue even amid the dispute to try to find a solution.
And President Donald Trump has the authority to alter the tariffs or impose quotas or "do anything he wishes at any point" -- allowing "potential flexibility" to resolve the issue.
Trump imposed the tariffs of 25 percent on steel and 10 percent on aluminum using a national security justification, which Ross said encompasses a broad array of economic issues.
South Korea negotiated a steel quota, while Argentina, Australia and Brazil have arranged for "limitations on the volume they can ship to the US in lieu of tariffs," Ross said.
"We believe that this combined package achieves the original objectives we set out, which was to constrict imports to a level to allow those industries that operate domestically to do so on a self-sustaining basis going forward."
- Not a western -
French Economy Minister Bruno Le Maire has warned before the announcement that the EU would take "all necessary measures" if the US imposed the tariffs.
"World trade is not a gunfight at the O.K. Corral," Le Maire quipped, referring to a 1957 western movie
"It's not everyone attacking the other and we see who remains standing at the end," he said, declaring that the stiff taxes would be "unjustified, unjustifiable and dangerous".
German Chancellor Angela Merkel said the EU would respond in a "firm and united" manner to the tariffs.
"We want to be exempt from these tariffs" which were "not compatible" with World Trade Organization (WTO) rules, Merkel told a press conference with Portuguese premier Antonio Costa in Lisbon
Hüsker Dü
DA
As has been said, "Does it raise the price of beer?" Yes, in this case the answer is yes it does. As the rest of the world opens up for business we are inching our doors shut . . . Conservative? Republican? American?Trump just doesn't give a shit, too funny and right on time.
MAGA.
US to impose steel, aluminum tariffs on EU, Canada, Mexico
Heather SCOTT, with Jurgen Hecker in Paris
,
AFP•May 31, 2018
1 / 2
US Commerce Secretary Wilbur Ross has announced the imposition of steel and aluminum tariffs
US Commerce Secretary Wilbur Ross has announced the imposition of steel and aluminum tariffs (AFP Photo/SAUL LOEB)
Washington (AFP) - The United States said Thursday it will impose harsh tariffs on steel and aluminum imports from the European Union, Canada, Mexico at midnight (0400 GMT Friday) -- another move sure to anger Washington's trading partners.
The announcement by Commerce Secretary Wilbur Ross was sure to cast a long shadow over a meeting of finance ministers from the world's Group of Seven top economies that opens later in the day in Canada.
Ross said talks with the EU had failed to reach a satisfactory agreement to convince Washington to continue the exemption from the tariffs imposed in March.
Meanwhile, negotiations with Canada and Mexico to revise the North American Free Trade Agreement are "taking longer than we had hoped" and there is no "precise date" for concluding them, so their exemption also will be removed, Ross told reporters.
The announcement was confirmed by presidential proclamation shortly after Ross addressed reporters.
Despite weeks of talks with his EU counterparts, Ross said the US was not willing to meet the European demand that the EU be "exempted permanently and unconditionally from these tariffs."
"We had discussions with the European Commission and while we made some progress, they also did not get to the point where it was warranted either to continue the temporary exemption or have a permanent exemption," Ross said.
Ross downplayed the threats of retaliation from those countries, but said talks can continue even amid the dispute to try to find a solution.
And President Donald Trump has the authority to alter the tariffs or impose quotas or "do anything he wishes at any point" -- allowing "potential flexibility" to resolve the issue.
Trump imposed the tariffs of 25 percent on steel and 10 percent on aluminum using a national security justification, which Ross said encompasses a broad array of economic issues.
South Korea negotiated a steel quota, while Argentina, Australia and Brazil have arranged for "limitations on the volume they can ship to the US in lieu of tariffs," Ross said.
"We believe that this combined package achieves the original objectives we set out, which was to constrict imports to a level to allow those industries that operate domestically to do so on a self-sustaining basis going forward."
- Not a western -
French Economy Minister Bruno Le Maire has warned before the announcement that the EU would take "all necessary measures" if the US imposed the tariffs.
"World trade is not a gunfight at the O.K. Corral," Le Maire quipped, referring to a 1957 western movie
"It's not everyone attacking the other and we see who remains standing at the end," he said, declaring that the stiff taxes would be "unjustified, unjustifiable and dangerous".
German Chancellor Angela Merkel said the EU would respond in a "firm and united" manner to the tariffs.
"We want to be exempt from these tariffs" which were "not compatible" with World Trade Organization (WTO) rules, Merkel told a press conference with Portuguese premier Antonio Costa in Lisbon
Ummm..is not the word you want.
Sheriff Joe
DA
I am just better at it than you, not my fault.
Question to Rodent:
Do you understand what you right.....
Answer from Rodent:
Ummm....Well...Kinda....Sheeesh.
Question to Rodent:
Do you just follow Liberal news.....
Answer from Rodent:
Ummm....Well...Kinda....Sheeesh.
Question to Rodent:
Do you fact check what you post....
Answer from Rodent:
Ummm....Well...Kinda....I read the Huffington Post....Does that count ?
Question to Rodent:
Do you get cluster headaches.....
Yes, there getting more frequent and painful since nonono-nov. 2016.
Sheriff Joe
DA
The art of the deal.
If you bend over, you better get used to what happens next.
Sheriff Joe
DA
Oh, we're used to it alright.
I think you just helped me figure out why Obama spent his 2 terms bent over, he likes it.
Bruddah IZ
DA
QE is the protectionism you're railing about, genius.
Uh... no. It's not. Quantative easing is not directed the way tarrifs and import duties (and the retaliation) are, genious. Quantitative easing is, in the long run, a "tax", but it is a very different type of tax with a very different effects.
But what is most important to this discussion, QE (or the omnibus bill that "signaled" QE is over - even though it's been clear it's over for at least a year now) is not what moved the market on the day you and racist Joe claimed it did. Yet, you persist in that stupidity because... I have no idea.
Bruddah IZ
DA
QE was not directed? Do tell? Do tariffs and duties distort the market? Did QE distort the market?
Bruddah IZ
DA
QE is debt genius. With the same effect that debt always has. And what "different effects" are you claiming that QE has as opposed to tariffs.
Bruddah IZ
DA
That's been my point all along. You have no idea. You see only what pops out in front of you in the daily news, as most do. The easy albeit wrong, conclusion, that the market is only reacting to tariffs and duties, is all the news or newspapers have time for. You're drawn, like most, to a single industry (steel) as a singular causal mechanism . This is where you people always tend to want to expand the discussion to fit your narrative that the effect of tariffs is larger than the effects of debt. The bond market, a.k.a. debt markets, dwarfs the steel industry. You also fail to realize the similarities in intent of QE and tariffs. Not to mention the outcomes. Just to be clear, I am not a fan of either policy knowing that their effects are the same. They both distort the market by manipulating prices and thus supply and demand.
Sheriff Joe
DA
I was just thinking the same thing.
