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Old Posted Sep 18, 2018, 3:06 AM
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spoonman spoonman is offline
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Join Date: Jun 2004
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Quote:
Originally Posted by 202_Cyclist View Post
Please stick with discussing development because you have the economics completely wrong. This completely unnecessary steel tariffs are raising the prices of raw materials, leading to adverse impacts for users of raw materials. Whirlpool, stock declined 15% in one day earlier this summer as a direct result of Trump’s tariffs. So much winning!

https://www.cnbc.com/2018/07/24/whir...eel-costs.html

Trump’s completely unnecessary trade war has also created a crisis for America’s agricultural sector, which has been our second or third largest export. In fact, Trump gave a $12B bailout to these freeloading farmers.
Judging by all the crap in your signature, you probably can’t be reasoned with, but correcting trillion dollar annual trade deficits are more important than short term stock changes. If stocks are your focus I guess you can thank the president for the tremendous growth in the market (I’m sure you are big enough to give credit since you can give criticism...you probably can’t though).

Surely you can realize that the tariffs are a strategy to renegotiate trade agreements. That is obvious. If you are not in favor of that, please share your ideas on how to renegotiate trade rules between the US and China.
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