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Fri Jun 15, 2018, 04:26 PM

Can someone explain Trump's pro-Tariff Economic Polices to me?

What the hell is he doing imposing all these tariffs? I would assume as a Republican he would be a Free-Trader, yet he's going the opposite direction. He is alienating all out trading partners.

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Response to MicaelS (Original post)

Fri Jun 15, 2018, 04:29 PM

1. We have the best economy ever! But we're treated so unfair!

We have the lowest unemployment ever! But we need more jobs!

Something like that.

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Response to MicaelS (Original post)

Fri Jun 15, 2018, 04:29 PM

2. He doesn't understand what tariffs are,

or how they work.

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Response to MicaelS (Original post)

Fri Jun 15, 2018, 04:30 PM

3. does it make him, his families, or his allies $$? if he profits, it's good. concentration camps

are a profit center as well

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Response to MicaelS (Original post)

Fri Jun 15, 2018, 04:30 PM

4. AFAIK the sitting fascist is doing this to manipulate the market to his,

his family and his cronies, like Icahn, benefit.

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Response to Thomas Hurt (Reply #4)

Fri Jun 15, 2018, 04:44 PM

10. And the rest of us get screwed.

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Response to MicaelS (Original post)

Fri Jun 15, 2018, 04:31 PM

5. He's a populist. nt

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Response to MicaelS (Original post)

Fri Jun 15, 2018, 04:31 PM

6. Thinks he's protecting US jobs by isolationism & xenophobia. He'll have us trading among ourselves

before long, while watching the rest of the world pass us by.

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Response to MicaelS (Original post)

Fri Jun 15, 2018, 04:35 PM

7. I would have a better shot at splainin' brain surgery.

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Response to MicaelS (Original post)

Fri Jun 15, 2018, 04:36 PM

8. because he thinks it makes him look strong and decisive to his base. And he is probably right.

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Response to MicaelS (Original post)

Fri Jun 15, 2018, 04:43 PM

9. Given that we know he's wrong?

The best explanation I've heard of what he's "thinking" here is that every deal has a winner and a loser. If the other guy is getting something out of the deal, that must mean you're losing and need to blow up the deal. Everything is zero-sum for him, it's not possible for something to benefit everybody.

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Response to Pope George Ringo II (Reply #9)

Fri Jun 15, 2018, 04:47 PM

12. I think that is pretty much it in a nutshell.

Has anybody tried to explain to him exactly how these things work and how tariffs affect the economy? Then again, I suppose all his advisers are morons as well.

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Response to MicaelS (Original post)

Fri Jun 15, 2018, 04:46 PM

11. Because he thinks a $800 billion trade deficit means

That $800 billion goes from us to China. He doesn’t understand that we get goods in return. He doesn’t know what he’s doing or how international trade works.

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Response to MicaelS (Original post)

Fri Jun 15, 2018, 04:51 PM

13. he's a fucking idiot

Like someone said above, he's incapable of comprehending trade agreements where both sides benefit...he feels that if the trading partner gets anything at all out of the deal, then his side must be getting ripped off (b/c that's how he's always done business...making sure to rip off the other guy wherever possible). The world (in his eyes) is composed of Winners and Losers; there is no win/win scenario that can exist with that frame of mind.

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Response to MicaelS (Original post)

Fri Jun 15, 2018, 05:11 PM

14. Thanks for your posts and ideas. n/t

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Response to MicaelS (Original post)

Fri Jun 15, 2018, 06:14 PM

15. He's Playing with Other People's Money

If he gets any concession at all from a foreign country, he has "won", because someone will praise him. It doesn't matter if Americans and the American economy get damaged in the process, because they're not him, or his personal property.

This is why the Canadian idea of implementing tariffs on the Trump Org is a good idea. it's the only thing that might make him listen.

Think of him as a World War One general sending troops forward to get killed. The only way he'll stop is if he actually has to lead the charge in person.

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Response to MicaelS (Original post)

Fri Jun 15, 2018, 07:13 PM

16. No I can't and neither can he. nt

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Response to MicaelS (Original post)

Fri Jun 15, 2018, 07:21 PM

17. I wish someone would explain it to him, but he ain't listening...

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