Trump Day April 1

[bsm2]

[kyotechnz]

Hi Snookums.
Nice to see you are still hard at work letting us know about the evils of the dreaded Trump.
You must tell us how you can spend all day on here posting.
How do you manage to to fit your job in?
Thought you would be busy vandalising Teslas and/or firebombing Tesla dealerships.
Also I haven't heard yet when Trump is going to sent you to one of his concentration camps.
What is taking him so long?

Anyway thanks for all the laughs you given me.
Well back to work.

[BillyCarpenter]

While the legacy press fixates on who in the White House prefers which plan, the more important story has already been written—in the U.S. Trade Representative’s report, in the history of America’s failed trade battles, and in the decades of structural disadvantages quietly accepted by successive administrations. The economic case for Liberation Day is, in fact, stunningly straightforward.

Consider Europe’s VAT regime. A German automaker exporting a car to the U.S. does so tax-free—thanks to a VAT rebate. An American automaker shipping a car to Europe pays embedded U.S. taxes and a European VAT upon entry. One enjoys a de facto export subsidy. The other faces a tax wall. The WTO, in its infinite wisdom, allows this disparity and has repeatedly blocked American attempts to address it through legal or tax-code innovations. The Foreign Sales Corporation regime? Illegal. Domestic International Sales Corporations? Illegal. Export tax incentives? Illegal.




Tariffs, it turns out, are the only instrument left that isn’t prohibited by the rules of a game designed for America to lose.

A tariff of 25 percent on European goods, as some Trump advisers have suggested, would not be punitive. It would be compensatory. It would account for the embedded tax burden American producers face, neutralize Europe’s VAT advantage, and—most importantly—do what every past effort has failed to do: signal that the playing field is about to tilt back toward the American worker.

[Copier Addict]

While the legacy press fixates on who in the White House prefers which plan, the more important story has already been written—in the U.S. Trade Representative’s report, in the history of America’s failed trade battles, and in the decades of structural disadvantages quietly accepted by successive administrations. The economic case for Liberation Day is, in fact, stunningly straightforward.

Consider Europe’s VAT regime. A German automaker exporting a car to the U.S. does so tax-free—thanks to a VAT rebate. An American automaker shipping a car to Europe pays embedded U.S. taxes and a European VAT upon entry. One enjoys a de facto export subsidy. The other faces a tax wall. The WTO, in its infinite wisdom, allows this disparity and has repeatedly blocked American attempts to address it through legal or tax-code innovations. The Foreign Sales Corporation regime? Illegal. Domestic International Sales Corporations? Illegal. Export tax incentives? Illegal.




Tariffs, it turns out, are the only instrument left that isn’t prohibited by the rules of a game designed for America to lose.

A tariff of 25 percent on European goods, as some Trump advisers have suggested, would not be punitive. It would be compensatory. It would account for the embedded tax burden American producers face, neutralize Europe’s VAT advantage, and—most importantly—do what every past effort has failed to do: signal that the playing field is about to tilt back toward the American worker.

Another playing the victim card.

[BillyCarpenter]

Another playing the victim card.

The Untied States will humble Canada. Signed any huge trade deals lately? That's what I thought.

[BillyCarpenter]

Michigan Union Workers Hail Donald Trump’s Auto Tariffs: ‘We Can’t Thank You Enough’


Michigan union workers are hailing President Donald Trump’s tariffs on foreign-made cars, telling a crowd in the Rose Garden on Wednesday evening that the president’s economic nationalist agenda will revitalize communities gutted from decades of free trade policies.

During the speech, Trump brought up a man named Brian — a leader in the United Auto Workers (UAW) — who said the 25 percent tariffs on all foreign-made cars will drive an economic boom in areas like Macomb County, Michigan, and save American industry.

“I grew up just north of Detroit, Michigan in Macomb County — known as the home of the Reagan Democrats. My first vote for president was for Ronald Reagan,” Brian said. “I thought that was going to be the best president I ever saw in my lifetime until Donald J. Trump came along.”

“I have watched my entire life, I have watched plant after plant after plant in Detroit and in the metro Detroit area close,” Brian continued:

There are now plants sitting idle, there are now plants that are underutilized. And Donald Trump’s policies are going to bring products back into those under-utilized plants, there’s going to be new investment, there’s going to be new plants built. [Emphasis added]

And the UAW members — and I brought 20 of them with me, they’re sitting right over here — we support Donald Trump’s policies on tariffs 100 percent. So, Mr. President we can’t thank you enough. In six months to a year, we’re going to see the benefits, I can’t wait to see what’s happening 3-4 years down the road. Thank you, Mr. President. [Emphasis added]

Last week, UAW President Shawn Fain, who campaigned for former President Joe Biden, thanked Trump for the auto tariffs that he said will help “end the free trade disaster that has devastated working class communities for decades.”

“Ending the race to the bottom in the auto industry starts with fixing our broken trade deals, and the Trump administration has made history with today’s actions,” Fain said. SUBSCRIBE
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[bsm2]

Watch for Automotive layoffs and plant closing next week

Great News cars prices will go up as much as 10,000.00 dollars

Yep Trump did that !!!!!!!

[bsm2]

Dow futures tumble 1,000 points on fear Trump's tariffs will spark trade war: Live updates

[BillyCarpenter]

So, border crossings are at the lowest level in American history.

[Copier Addict]

The Untied States will humble Canada. Signed any huge trade deals lately? That's what I thought.

Oh please!!! Trumpy backed down, again.

[BillyCarpenter]

Oh please!!! Trumpy back down, again.

Son, Canada is too weak to fight back. Especially after the damage done by your party.,

[Copier Addict]

Son, Canada is too weak to fight back. Especially after the damage done by your party.,

I appreciate your concern, but Canada will be okay. No matter how much you hope for the destruction of Canada's economy, it's not going to happen.

[BillyCarpenter]

I appreciate your concern, but Canada will be okay. No matter how much you hope for the destruction of Canada's economy, it's not going to happen.

Canada has gotten a little too big for their britches. You will not to okay.

[Copier Addict]

Canada has gotten a little too big for their britches. You will not to okay.

Hahaha. You're funny. Just so you know the facts, the US does NOT subsidise Canada, or Mexico. That statement from trumpy only proves one thing. It proves trumpy knows absolutely nothing about trade. Oh, and it reinforces how he was able to bankrupt a number of casinos. Imagine that, trumpy bankrupted more than one casino. A business where people throw their money at you, and he was able to bankrupt them. Your Messiah is an imbecile

[BillyCarpenter]

Nolte: Media Fail — Trump Job Approval Rises 4 Points to 53%

President Donald Trump’s job approval rating rose four points during Tariff Week, from 49 percent to 53 percent.

The poll was taken by DailyMail.com/J.L. Partners of over 1,000 registered voters between March 31 and April 3.