We should just set our tariffs equal to theirs, assuming no other trade barriers against our products. Or set ours equal to the approximate cost of any non-monetary barriers. If their barriers completely block our products, then a hundred percent tariff on their goods.
Never trust A Merkel , she’s up to something
If the result is American factories producing those products, we shouldn’t be in any big hurry to lower the tariffs. After all, whats good for the goose is good for the gander.
More “blinks” the calculated risk or the art of the deal
In the days before the income tax, we supported ourselves with tariffs.
We have the capability to be almost completely self-sufficient. We couldn’t easily put tariffs on everything except what we can’t mine here.
This began with German industry going to German auto industry and getting THEM to say, they, German auto makers, thing EU tarriffs on autos should come down from their 25% to the U.S. 10% tarriff on autos.
Merkel did not draw this out of her feeble mind. It was delivered to her by German industry. THEY don’t want a trade war with Trump and THEY can admit EU tarriffs are too high.
In the days before the income tax, we supported ourselves with tariffs.
We have the capability to be almost completely self-sufficient. We could easily put tariffs on everything except what we can’t mine here.
Merkel is barely hanging on to power right now - she cannot afford a single mis-step and while Trump will negotiate, he is not backing off.
Trump is supremely confident about leveling the playing field with good reason. They need us far more than we need them. I am expecting some serious fireworks at the NATO summit and while it is mostly tied to what others pay for their own defense we can fully expect that trade will be part of the equation.
Trump also has Russia’s number. His comments yesterday about Europe needing NATO to protect against Russia even as they fund the Russian military by purchasing oil had to have sent huge shockwaves throughout Europe and Putin’s crowd. Cut that off and Russia would implode - they are basically a nation state gas station funding an obsolete military.
I haven't seen them this happy since they thought Hillary would win. Eyes flashing, speech fast and excited... their only disappointment is the stock market's up.
What disgusting jackasses.
Bill Maher 'elites' wanting citizens to suffer so they get their place back on top back. I hate these people.
The media hasn’t reported this, it’s a huge Trump tariff win. They ae too busy, like CBS this morning, finding a chees company that might temporarily lose money. Corrupt media.
It’s almost as if Trump knows how to negotiate for things he wants.
Angela blinked.
You raise yours, we raise ours. You lower yours, we lower ours.
That is the way that it is suppose to go.
Excellent!
Nothing ventured, nothing gained...
This is how leaders lead. Thank you Mr. President.
You mean Germany (and other EU countries) ALREADY had tariffs on US products?! Well who woulda thunk!
Listen to CNN and you’d likely believe that Trump is imposing tariffs just to start trade wars...
Maybe the reality of tariffs is happening:
If US tariffs are bad for the US economy, why is no one discussing why country X’s current and retaliatory tariffs are bad for X’s economy?
http://freerepublic.com/focus/news/3669470/posts?page=5#5
Thanks to: kosciusko51 for this anti tariff shredding reality!