Posted on 03/09/2018 4:45:09 AM PST by reaganaut1
The fact the Never Trumper NR is pimping for the Chinese Communist party should concern you more .
Huh? I haven’t made a single post on FreeRepublic that says anything about whether I support or oppose these tariffs.
The GD started in 1929, Smoot Hawley tariff act went into effect in 1931. Smoot Hawley is a lie perpetrated by Free Traitors™ to justify the raping of US industry. If you look at contemporary accounts of the Great Depression TRADE IS NOT EVE DISCUSSION OR MENTIONED as a factor. This "trade caused the GD" is a a neocon invention and agitprop.
Alas, President Trump is doing this all wrong. He likely will hurt the very middle class that he has championed since his escalator ride onto the political stage.
...
What does Deroy think of the Federal Reserve hurting the middle class by causing recessions with interest rate hikes that invert the yield curve?
Only 4.3% of the economy was based on international trade at the time and Smoot-Hawley only affected about 1/3 of that (agricultural imports mostly) so you are arguing that a slight rise in tariffs affecting 1% of the rural economy was a major factor? Ridiculous.
Smoot-Hawley had, if anything, a slight stimulative effect on American farming and no major impact on anything else. International trade dropped because overall demand dropped following the crash.
The globalists themselves know they are lying when they trot that one out.
I can smell a Free Traitor™ a mile away. You stink.
I see. So since you have no evidence to support your accusation, you simply claim you can “smell me from a mile away.” LOL. You’re delusional.
Good craft beer comes in bottles not cans.
And you have A Nice Day too.
Thanks. I’ll have a wonderful day since I won’t be curled up a ball with my Democrat friends imaging doom and gloom that won’t be happening.
You have Democratic friends? Wow.
Very well said!
One thing you hardly see mentioned in these articles is the fact that foreign tariffs are levied against us in incredibly unfair fashion.
What scares liberals is that should this work in helping America, then Trump will be a hero to blue collar workers
Left has taken a no win situation in this matter. Incredible how foolish they are. Dems used to claim ownership of the blue collar worker, until they destroyed their jobs!
You forgot drug dealers and prostitutes.
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Ok, lets change “Lies” to errors.
The most important “fact” about the steel industry is that it is a must have in wartime. Regardless of the cost it is a must have industry. Can you imagine going to war with China when we buy our steel there. When we need to quickly produce warplanes where will we get the aluminum if we now buy it from China. Sure we can rebuild the metals industry when we need it, right? Not!.
I suspect that the cost of American cars will go up. Europe puts a minimum import tax of 25% on cars, some as high as 110%. Metals will go up a little but we will win the trade war and sell our products overseas.
With a 25% tax on European and Asian autos the US manufactures of autos will seem to have downright cheap prices. They may be higher than today, but, they go up every year regardless.
I am not sure how much this 10% aluminum tariff will increase the cost of an aluminum can. IF any FReeper knows this, please feel free to post. However, I can not believe it would be more than $.01-.05/can. I do not think that will keep the “Average Joe” from buying Miller Lite or Bud Light. I do not see the average beer consumer switching to Molson, Labattes, Heineken or Corona because the cost of the container is up.
There are only eight major beer manufacturers in the world.
https://www.statista.com/statistics/257670/sales-of-the-leading-beer-companies-worldwide/
Invbev controls about 30% of the market.
Where's the lie in the story?
Steel and alum make up 1/3 of 1% of the entire market. WTF?
Aluminum is produced from bauxite ore. 85% of this raw material comes from just six countries — and of these countries, Brazil is the only one that’s even in the same hemisphere as the U.S. In an age of ICBMs, satellites, and a permanent human presence in orbit, the idea that mass-producing military hardware like tanks and ships will have any role in a major armed conflict is silly.
No you are correct, but they sure help when it’s time to “round up the red list people”!
To avoid the aluminum tariff, put beer in plastic bottles
My mistake. There are only 5 major beer makers in the world now.
https://www.equities.com/news/the-5-giant-beer-companies-that-control-the-world
I forgot InvBev merged with Miller.
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