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How a Trade War Escalates: Europe retaliates against U.S. exports and Republican states.
Wall Street Journal ^ | March 7, 2018

Posted on 03/08/2018 10:37:31 AM PST by reaganaut1

click here to read article


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To: Ancient Man
the only harm the Chinese could have inflicted on the U.S. would have been to impose an embargo on their then chief export -— paper and bamboo cocktail parasols.

And fireworks.

21 posted on 03/08/2018 10:51:40 AM PST by Will88
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“If Washington still wants to ‘do something” about immigration, we propose a five-word constitutional amendment: ‘There shall be open borders.’”

— WSJ Editorial Board, 1984

“The Communists are further reproached for desiring to abolish countries and nationality.”

— Communist Manifesto, Chapter II, 1848

“[I]n general, the protective system of our day is conservative, while the free trade system is destructive. It breaks up old nationalities and pushes the antagonism of the proletariat and the bourgeoisie to the extreme point. In a word, the free trade system hastens the social revolution. It is in this revolutionary sense alone, gentlemen, that I vote in favor of free trade.”

— Karl Marx, “On The Question of Free Trade”, 1848
Aside from not acknowledging that the EU (and especially the country that leads it, Germany) has been engaged in their own tariffs to protect their “single market”, the opinion of the globalist WSJ is long tainted with communism.
22 posted on 03/08/2018 10:52:19 AM PST by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
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To: MichaelRDanger

Yeah...not selling out control of your country’s markets and best interests is shooting yourself in the foot! Sad thing is most people believe this crap!


23 posted on 03/08/2018 10:52:54 AM PST by gr8eman (Since God has been banished from our classrooms, Satan has filled the void.)
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To: MichaelRDanger
It is vital for our National Defense that we have a healthy Steel and Aluminum industry

We have a healthy steel and aluminum industry, 82 million tons of steel and somewhat less aluminum produced last year.

24 posted on 03/08/2018 10:53:08 AM PST by DoodleDawg
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To: reaganaut1
The EU is acting with some restraint—for now—in crafting a narrow list of items on which to impose tariffs, including bourbon, orange juice, corn, ladders and motor boats. None are vital to European industry, but they are politically shrewd in targeting exports from states represented by Republicans on Capitol Hill.

Tell the euro-weenies in the UK for example that their American Bourbon (which they've become QUITE fond of ....) is going to cost more TO THEM and watch what happens.

Far as I'm concerned, it'll just be more for me to drink here in the States and the price will come down a bit. Win-Win for me.

25 posted on 03/08/2018 10:53:23 AM PST by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: reaganaut1

No talking just attack ,what a bunch Commies


26 posted on 03/08/2018 10:56:49 AM PST by butlerweave
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To: The_Republic_Of_Maine

idiots, we are already in a trade war, a trade war with the rest of the word and we are getting our heads handed to us.

~~~~~~~~~

Exactly.
They are imposing retaliatory tariffs as if they are innocent victims standing up for themselves. How would this move be any different than a move mad by economic schemers who have absolutely no interest in America’s best interests? As if underselling and dumping and other malicious trade practices never happened.


27 posted on 03/08/2018 10:58:18 AM PST by z3n
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To: reaganaut1

The US needs strong steel and aluminum industries, and we also need to be able produce all the computer chips and electronic systems needed by our defense industries.

It’s just a theory that all those supposed negatives would result from tariffs on imported steel and aluminum. Companies and industries adjust and look for savings elsewhere to keep their prices competitive.

This is mostly a lot of globalists using scare tactics to try and preserve the status quo.


28 posted on 03/08/2018 10:58:38 AM PST by Will88
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To: Ancient Man

Amen


29 posted on 03/08/2018 10:59:09 AM PST by Savage Rider
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To: DoodleDawg

“We have a healthy steel and aluminum industry, 82 million tons of steel and somewhat less aluminum produced last year.”

During WWII we produced 733 million tons of steel. I’m not saying we couldn’t ramp up, but we have a lot more people now (thus consumption is more) and we produce significantly less.


30 posted on 03/08/2018 10:59:39 AM PST by neverevergiveup
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To: reaganaut1

We are the largest consumer economy on the planet..

UK’s GDP per capita is less than Alabamas....

I am not worried about the EU


31 posted on 03/08/2018 10:59:55 AM PST by HamiltonJay
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To: reaganaut1

Trump knows what he’s doing.


32 posted on 03/08/2018 11:00:39 AM PST by Mamzelle
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To: Jim 0216

In a pure sense you are right, however, state-subsidized materials being “dumped” in the US market below market prices to eliminate domestic producers, also raises prices when the purpose of the dumping achieves its goals.


33 posted on 03/08/2018 11:01:44 AM PST by Ouderkirk (Life is about ass, you're either covering, hauling, laughing, kicking, kissing, or behaving like one)
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To: DoodleDawg

We are already “taxed” by Europe when we export. Globalists seem OK with that.


34 posted on 03/08/2018 11:02:50 AM PST by Mamzelle
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To: reaganaut1

The European Union was created for one reason only , TO PROTECT THEIR STUFF ,LOL


35 posted on 03/08/2018 11:03:24 AM PST by butlerweave
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To: reaganaut1
It’s PRESIDENT Trump!
As soon as the author writes ‘Mr. Trump’ you know he is a globalist hack.
36 posted on 03/08/2018 11:04:35 AM PST by right way right (May we remain sober over mere men, for God really is our one and only true hope.)
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To: reaganaut1

What is in process is a fantastic game. Every politico gets to play according to his own rules that are to his greatest benefit. All the hoopla is game playing for constituent consumption. The actual negotiations at the the table will be different.

Trump will have a list of the most onerous tariffs as compiled by the CEO’s he has been meeting. The EU will be presented with a list of new proposed American tariffs on specific EU exports.

Trump will then make an offer the EU does not dare refuse. Lift the tariffs or the US tariffs will be imposed.


37 posted on 03/08/2018 11:05:22 AM PST by bert (K.E.; N.P.; GOPc;WASP .... The Fourth Estate is the Fifth Column)
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To: blackdog; All

“Targeting politics red states by foreign governments? Isn’t that meddling in U.S. political elections?”

This is not very smart on the part of the EU. In fact it’s dumb as hell and shows why the EU is hated, even in EU countries.

This action will steel the resolve of the nationalist right and make so that severe and strident retaliation by the US President is the only option.

It will not be possible to wind this thing down after/if the EU targets iconic American Brands.

They better hope they’re ready to lose the trade war.


38 posted on 03/08/2018 11:07:47 AM PST by Mariner (War Criminal #18)
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To: Mamzelle

Well, we can always downsize our military presence and put a couple of bases in Poland in case the EU wants to close bases as retaliation.


39 posted on 03/08/2018 11:08:50 AM PST by EQAndyBuzz (What is a Blue City? First world cities run by third world politicians.)
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To: reaganaut1

Is there an expert on the value added tax in the house? I understand the EU assesses the VAT on all imports into the EU.


40 posted on 03/08/2018 11:08:56 AM PST by Will88
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