shockedcanadian
Diamond Member
- Aug 6, 2012
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Ah, but that is the ultimate effect of tariffs. The theory of Reaganomics or Thatcherism is that totally open markets require accepting political sovereign states, so long as they practice open markets.Only if the firm trading with Iran also trades with us.These fn morons are talking National Security as they make enemies of our neighbors? Hopefully Republicans pay the price for these tariffs and we'll see if they ask for anotherWhere is your proof that Germans "cheat" and Americans are prevented from making steel as cheaply?
They get even more tariffs if they deal with Iran.
Precisely. There are few industries that would quit the US market.
In this case Trump is doing two things, both of which I wasn't really opposed to in the mid 1970s. Everyone has a right to a job, no matter how inefficiently they perform the job - U.S. steelworkers. (and no, our uncompetiveness is not totally their fault, but unions bear some of the blame). And if you don't agree not to trade with whom we tell you not to trade with, we will close our markets to you.
I look at it this way, from my personal experiences, other nations are primarily state run, driven, influenced, manipulated and they trade with America based on free/open market, capitalist principles, when it's clear they do NOT exercise this themselves. So, U.S workers, especially the most vulnerable in manufacturing; are easily taken, stolen, bribed, whatever to be sent to other nations. Once moved, they are far less likely to come back.
As example, Canada paid $400M to GM to keep 4000 jobs in Ontario that were going back to Michigan and Ohio. Yes, GAVE them the money. Not loaned or based on contingencies. Are Canadians workers cheaper or better at their jobs? No of course not. The concept from the province and feds is that these jobs will keep giving tax dollars and trickle down in the economy.
This isn't free market capitalism. America is being screwed and will continue to be screwed.