Posted on 03/26/2018 10:39:34 AM PDT by Olog-hai
President Donald Trump on Thursday authorized the modification of tariffs on foreign steel and aluminum for six countries and the European Union. [ ]
The tariffs on steel and aluminum imports from the following countries are suspended until May 1, 2018, pending discussions of satisfactory long-term alternative means to address the threatened impairment to U.S. national security: Argentina, Australia, Brazil, Canada, Mexico, the member countries of the European Union, and South Korea, the White House announced.
Trump will decide by May 1 whether to continue to exempt those countries from tariffs.
(Excerpt) Read more at cnsnews.com ...
> Did he not just sign the tariffs on these countries a couple of days ago?
Yes, and this move doesn’t make sense to anyone who thought his tariffs were an attempt at starting a trade war, or increasing US revenue, or a move to isolationism, or any of the other motives so many anti-Trumps have written about.
But, to anyone who thought the tariffs where part of a larger negotiation strategy, this makes perfect sense. The threat is real. Like Raegan having physical nukes in silos rather than a chalkboard full of engineering diagrams and 2 examples from the 1940s to tell the USSR that we’re serious about retaliating to an attack.
Somebodys making a killing in the stock market. Up 584 points at this post.
What’s the point of tariffs with all this cherry picking going on? Selective tariffs are sanctions. Are we sanctioning the PRC? Why? Grow a pair and tell China that they are sanctioned. Or... or tariff the product across the board.
These tariffs were predicated on national security needs. How does exempting two-thirds of the imports promote our national security?
I see Larry Kudlow’s hand in this....
As long as these countries can prove that the steel originates in their country, and is not Chinese steel being rerouted, it should be OK.
Wow.
16 dimensional chess.
I knew there was going to be the rest of story..
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