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PostPosted: December 9th, 2018, 6:20 pm 
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Joined: June 22nd, 2013, 11:00 am
Posts: 434
You really need to stop believing the the fake news and the talking heads. They all hate Trump and refuse to report anything positive on him. They like to hound on dumb crap like crowd sizes but refuse to report on unemployment decreasing and jobs increasing.


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PostPosted: December 9th, 2018, 6:22 pm 
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Joined: July 8th, 2016, 4:34 pm
Posts: 250
Link on how to fight a trade war -

https://www.nakedcapitalism.com/2018/03 ... onism.html


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PostPosted: December 9th, 2018, 6:39 pm 
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Joined: July 17th, 2016, 6:24 am
Posts: 570
brombo wrote:


It reads like a political blog, not economic or policy analysis.

Quote:
This is unlikely to elicit a Mexican surrender. Its president already has said that building a wall makes no sense, and cancelled the planned diplomatic visit to Washington last week. Giving in to Trump’s election promise to American voters (or more to the point, indulging in his own ego trip about the wall) would be political suicide. Trump would crow that he made Mexico bow to his bidding.

Matters aren’t much better in Canada. While some Pennsylvania and Ohio steel companies probably will try to make Trump look good by hiring back a few hundred workers if and when the tariffs are announced, Canada and other suppliers employees would have to be laid off. Canadian resentment already has been building up for decades, ever since the auto agreement of the 1960s and ‘70s that favored U.S. suppliers.

But the real economic problem comes from within the United States itself. If new steel workers are hired, they may be laid off in a few months. Most important is the bigger economy-wide picture: The Chamber of Commerce and other groups have calculated that the loss of jobs in steel- and aluminum-using industries will far outnumber the new hiring of steel and aluminum workers.

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