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How Trump's Protectionism Would Destroy Auto Industry Jobs, Not Create Them
Forbes | JAN 20, 2017 | Joann Muller

Posted on 01/26/2017 8:21:23 PM PST by TBP

Edited on 01/27/2017 9:12:03 AM PST by Jim Robinson. [history]

President Donald J. Trump didn't wait long to act on one of his signature campaign promises, announcing just moments after being sworn in as the country's 45th president that the U.S. intends to withdraw from the Trans-Pacific Partnership and that he will renegotiate the North American Free Trade Agreement "to give American workers a fair deal."



TOPICS: Business/Economy; Cheese, Moose, Sister; Editorial; Government; News/Current Events; Your Opinion/Questions
KEYWORDS: autoindustry; first100days; jobs; tariffs; trump45
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To: goldstategop

We haven’t moved toward anything yet. Why not wait to see what actually comes of all the rhetoric before making that judgment?


61 posted on 01/26/2017 11:13:22 PM PST by Chaguito
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To: cynwoody

The competing entities in the USA have a common cultural and political center which assures relative fairness in trade. What cdntral referee do you suppose the ‘free-trade’ globalists would propose on a global scale? Is that something you really want?


62 posted on 01/26/2017 11:22:32 PM PST by Chaguito
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Bm


63 posted on 01/26/2017 11:23:29 PM PST by CommieCutter ("Trump is god emperor and he will win." -- some hacker)
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To: semaj

I buy American as much as possible, even if it costs a little more. If I can’t buy American, then I buy from any country but China.


64 posted on 01/26/2017 11:29:04 PM PST by Flaming Conservative
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To: semaj

I buy American as much as possible, even if it costs a little more. If I can’t buy American, then I buy from any country but China.


65 posted on 01/26/2017 11:29:10 PM PST by Flaming Conservative
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To: TBP
While Trump's stated goal is to bring manufacturing jobs back to the U.S., studies have concluded that withdrawing from NAFTA, or imposing a 35 percent tariff on imported vehicles as Trump has threatened, would have the opposite effect.

Oh, well. If "studies" have concluded....

66 posted on 01/26/2017 11:33:32 PM PST by papertyger (The semantics define how we think.)
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To: Chaguito

The only justification for the government to intervene in trade is to protect against fraud. E.g., using diethylene glycol as a sweetener in toothpaste (cheaper than glycerin, but poisonous). Being a more fit competitor is not fraudulent.


67 posted on 01/26/2017 11:56:50 PM PST by cynwoody
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To: ChinaGotTheGoodsOnClinton

Exactly, we averaged well north of 3% GDP growth in the decades before our trade deficit went haywire in the late 90s.


68 posted on 01/27/2017 12:19:03 AM PST by rb22982
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To: central_va

Bingo!


69 posted on 01/27/2017 12:19:21 AM PST by rb22982
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To: Helicondelta
These morons don’t get it. Tariffs are just a negotiation tool.

Oh they get it alright. They just like being able to sell things in the US without having to deal with the "overhead" of making those things in the US.

Pretty sweet deal for those who can get it.

70 posted on 01/27/2017 12:31:38 AM PST by papertyger (The semantics define how we think.)
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To: cynwoody
If free trade with 49 states is a good idea, free trade with the whole world is an even better idea.

That is a bogus argument, and you know it.

The "whole world" does not reside within our borders, is not subject to our laws and regulations, is not subject to our taxing structures.

Nations have borders, and nations have national economies. International trade is negotiated between to separate and different economies, two separate and different nations.

71 posted on 01/27/2017 12:54:03 AM PST by meadsjn
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To: meadsjn
The "whole world" does not reside within our borders, is not subject to our laws and regulations, is not subject to our taxing structures.

All the better! Some laws and regulations may be superior to other laws and regulations. Free trade means, I, as a consumer, get to choose which are best!

Nations have borders, and nations have national economies. International trade is negotiated between to separate and different economies, two separate and different nations.

States have borders, and states have state-wide economies. Interstate trade is required to be free by the Constitution, no steenkin' negotiation required.

Texas's laws and regulations may be superior to those of Marxichusetts, for example. That may mean my neighbor's job will be lost to a Texas company. But I don't care. To me, it just means more cheap stuff is available. Which is a Good Thing.

72 posted on 01/27/2017 1:15:16 AM PST by cynwoody
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To: TBP
Back in '88, Letterman had a guest on his show, a business man from New York, who was concerned about the the threat to our economy posed by Japan ... "What certain countries are doing to this country, such as Japan, I mean they've totally taken advantage of the country ..."

https://www.youtube.com/watch?v=GmNN2MCJ-7U&t=16m10s

Japan? Sheesh!

73 posted on 01/27/2017 1:51:58 AM PST by cynwoody
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To: cynwoody
Free trade means, I, as a consumer, get to choose which are best!

Subject to our Customs laws and regulations. And if you are bringing in or importing "stuff" above the commercial thresholds, then the "stuff" becomes subject to our laws and rules of international commerce.

States have borders, and states have state-wide economies. Interstate trade is required to be free by the Constitution, no steenkin' negotiation required.

That particular inter-state trade thingee was negotiated during the Constitutional Convention.

This is the USA. If you want to be a global citizen, just hitch a ride to Kenya with the outgoing "global citizen" and the wookie.

74 posted on 01/27/2017 2:21:02 AM PST by meadsjn
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To: TBP

Forbes - the NYT/WaPo of business entities...


75 posted on 01/27/2017 3:56:46 AM PST by trebb (Where in the the hell has my country gone?)
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To: TBP

Yes but we will have jobs to earn the money to pay the slightly higher prices. Perhaps with more paying taxes other costs will go down like interest on the debt.


76 posted on 01/27/2017 4:29:21 AM PST by JayGalt
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To: cynwoody
If free trade with 49 states is a good idea, free trade with the whole world is an even better idea.

People that think in slogans don't actually think. Your statement is total bunk which I debunked just yesterday in the thread for the last ridiculous pro free traitor article.

77 posted on 01/27/2017 4:35:07 AM PST by JayGalt
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To: cynwoody

Yeah sure, those huge trade deficits are a huge help!


78 posted on 01/27/2017 4:39:01 AM PST by JerseyDvl (PRESIDENT TRUMP trumps hate and racism! Put some ice on it Hitlery ;-)
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To: cynwoody
The only justification..says who? Who died and left you emperor. You are outing yourself.
79 posted on 01/27/2017 4:43:53 AM PST by JayGalt
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To: cynwoody
I guess we will see. The American people voted for a Presidential candidate the stated his protectionist views. It is clear we are moving away from the disastrous 30 year experiment in free trade.

If you call yourself a Conservative please stop doing so. A classic Conservative and a pre WWII Republican was all about protectionism.

Conservatism without nationalism is not conservative.

80 posted on 01/27/2017 6:02:56 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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