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The New Coffee Room

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  3. Steel Tarriff

Steel Tarriff

Scheduled Pinned Locked Moved General Discussion
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  • George KG Offline
    George KG Offline
    George K
    wrote on last edited by
    #8

    Screenshot 2024-05-14 at 3.52.20 PM.png

    "Now look here, you Baltic gas passer... " - Mik, 6/14/08

    The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

    1 Reply Last reply
    • LuFins DadL Offline
      LuFins DadL Offline
      LuFins Dad
      wrote on last edited by
      #9

      Racist

      The Brad

      1 Reply Last reply
      • taiwan_girlT Offline
        taiwan_girlT Offline
        taiwan_girl
        wrote on last edited by
        #10

        What do you want to bet that President Trump will come out with some statement AGAINST the tariffs on China? LOL

        JollyJ 1 Reply Last reply
        • MikM Offline
          MikM Offline
          Mik
          wrote on last edited by
          #11

          If it weren’t for hypocrisy….

          “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

          1 Reply Last reply
          • taiwan_girlT taiwan_girl

            What do you want to bet that President Trump will come out with some statement AGAINST the tariffs on China? LOL

            JollyJ Offline
            JollyJ Offline
            Jolly
            wrote on last edited by
            #12

            @taiwan_girl said in Steel Tarriff:

            What do you want to bet that President Trump will come out with some statement AGAINST the tariffs on China? LOL

            I'd be surprised...

            “Cry havoc and let slip the DOGE of war!”

            Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

            taiwan_girlT jon-nycJ 2 Replies Last reply
            • JollyJ Jolly

              @taiwan_girl said in Steel Tarriff:

              What do you want to bet that President Trump will come out with some statement AGAINST the tariffs on China? LOL

              I'd be surprised...

              taiwan_girlT Offline
              taiwan_girlT Offline
              taiwan_girl
              wrote on last edited by
              #13

              @Jolly I wouldn't. In politics, it seems like you have to take the opposite side of the "other guy" regardless.

              1 Reply Last reply
              • JollyJ Jolly

                @taiwan_girl said in Steel Tarriff:

                What do you want to bet that President Trump will come out with some statement AGAINST the tariffs on China? LOL

                I'd be surprised...

                jon-nycJ Offline
                jon-nycJ Offline
                jon-nyc
                wrote on last edited by
                #14

                @Jolly said in Steel Tarriff:

                @taiwan_girl said in Steel Tarriff:

                What do you want to bet that President Trump will come out with some statement AGAINST the tariffs on China? LOL

                I'd be surprised...

                Two words: Tik Tok.

                They’ll end up, after a lot of drama, with the same formula they use every time they have a trifecta: take away health care and food assistance from low income families and use the money to fund tax cuts for their donors.

                1 Reply Last reply
                • JollyJ Offline
                  JollyJ Offline
                  Jolly
                  wrote on last edited by
                  #15

                  One word.

                  No.

                  “Cry havoc and let slip the DOGE of war!”

                  Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                  1 Reply Last reply
                  • jon-nycJ Offline
                    jon-nycJ Offline
                    jon-nyc
                    wrote on last edited by jon-nyc
                    #16

                    Whatever. He changed his tune 180 degrees.

                    Remember when he campaigned on negotiating drug prices (saying the government was a chump for not doing so) until he got rolled by the very first lobbyist that met with him after the election?

                    Do you remember how he was for wealth taxes before he was against them?

                    Do you remember him denying ever supporting the Iraq war even while the interviewer was playing clips of him giving his full throated support?

                    The guy has principles, but they all have to do with himself. Not policy.

                    They’ll end up, after a lot of drama, with the same formula they use every time they have a trifecta: take away health care and food assistance from low income families and use the money to fund tax cuts for their donors.

                    1 Reply Last reply
                    • JollyJ Offline
                      JollyJ Offline
                      Jolly
                      wrote on last edited by
                      #17

                      Now, do Biden.

                      “Cry havoc and let slip the DOGE of war!”

                      Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                      taiwan_girlT 1 Reply Last reply
                      • JollyJ Jolly

                        Now, do Biden.

                        taiwan_girlT Offline
                        taiwan_girlT Offline
                        taiwan_girl
                        wrote on last edited by
                        #18

                        @Jolly said in Steel Tarriff:

                        Now, do Biden.

                        Exactly. That proves the point. Doesnt matter which side, your positions will change, often becuase you want to oppose the other side.

                        JollyJ 1 Reply Last reply
                        • taiwan_girlT taiwan_girl

                          @Jolly said in Steel Tarriff:

                          Now, do Biden.

                          Exactly. That proves the point. Doesnt matter which side, your positions will change, often becuase you want to oppose the other side.

                          JollyJ Offline
                          JollyJ Offline
                          Jolly
                          wrote on last edited by
                          #19

                          @taiwan_girl said in Steel Tarriff:

                          @Jolly said in Steel Tarriff:

                          Now, do Biden.

                          Exactly. That proves the point. Doesnt matter which side, your positions will change, often becuase you want to oppose the other side.

                          Not always.

                          Positions change as situations change. As people change. As politics change.

                          Personally, I look at steel, pharmaceuticals, energy and computers as strategic resources to be protected if necessary.

                          “Cry havoc and let slip the DOGE of war!”

                          Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                          AxtremusA taiwan_girlT 2 Replies Last reply
                          • JollyJ Jolly

                            @taiwan_girl said in Steel Tarriff:

                            @Jolly said in Steel Tarriff:

                            Now, do Biden.

                            Exactly. That proves the point. Doesnt matter which side, your positions will change, often becuase you want to oppose the other side.

                            Not always.

                            Positions change as situations change. As people change. As politics change.

                            Personally, I look at steel, pharmaceuticals, energy and computers as strategic resources to be protected if necessary.

                            AxtremusA Offline
                            AxtremusA Offline
                            Axtremus
                            wrote on last edited by
                            #20

                            @Jolly said in Steel Tarriff:

                            Positions change as situations change. As people change. As politics change.

                            Personally, I look at steel, pharmaceuticals, energy and computers as strategic resources to be protected if necessary.

                            Economic Nobel laureate Dr. Paul Krugman on Biden's new/enhanced tariffs on mainland China's imports:

                            https://www.nytimes.com/2024/05/14/opinion/china-imports-tariffs-biden.html?unlocked_article_code=1.sE0.uMXh.G0cgOkK7obrP

                            Whatever the ideology or strategy behind China’s refusal to increase consumer spending, the only way out given that refusal is to run giant trade surpluses, dumping the stuff China produces but can’t or won’t consume in other countries’ markets.
                            .
                            But what the Biden administration is basically saying is: No, you don’t get to do that. You’re too big a player in the world economy to dump the results of your policy failures in other countries’ laps.
                            .
                            Why can’t the United States just accept cheap goods from China? The concerns about community disruption caused by the first China shock still apply. But there’s also a new issue: climate change. The goods being subjected to new or increased tariffs are mainly products associated with the transition to green energy; electric vehicles have been getting the most press, but giant batteries — which are now starting to play a crucial role in solving the problem of renewable energy intermittence (the sun doesn’t always shine, the wind doesn’t always blow) — are an even bigger deal.
                            .
                            Why not just buy cheap Chinese batteries? Political economy. Given the existential threat posed by climate change, the political coalition behind the green energy transition shouldn’t be fragile, but it is. The Biden administration was able to get large subsidies for renewable energy only by tying those subsidies to the creation of domestic manufacturing jobs. If those subsidies are seen as creating jobs in China instead, our last, best hope of avoiding climate catastrophe will be lost — a consideration that easily outweighs all the usual arguments against tariffs.
                            .
                            So in imposing these new tariffs, Biden’s people are doing what they must. I don’t see any alternative.

                            1 Reply Last reply
                            • JollyJ Jolly

                              @taiwan_girl said in Steel Tarriff:

                              @Jolly said in Steel Tarriff:

                              Now, do Biden.

                              Exactly. That proves the point. Doesnt matter which side, your positions will change, often becuase you want to oppose the other side.

                              Not always.

                              Positions change as situations change. As people change. As politics change.

                              Personally, I look at steel, pharmaceuticals, energy and computers as strategic resources to be protected if necessary.

                              taiwan_girlT Offline
                              taiwan_girlT Offline
                              taiwan_girl
                              wrote on last edited by
                              #21

                              @Jolly said in Steel Tarriff:

                              Personally, I look at steel, pharmaceuticals, energy and computers as strategic resources to be protected if necessary.

                              So, you must be quite happy with President Bidens strategies in these areas: 🤗

                              Steel - increased tariffs
                              Energy - highest oil production ever, net exporter of oil, increasing solar and wind (which reduces dependency on other (foreign) sources)
                              Computers - CHIP act, etc.

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