Ford's politically correct way of saying steel tariffs will raise the cost of manufacturing automobiles in the U.S. =>https://twitter.com/CNBCnow/status/969672594118103041 …
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US is 25% of world GDP. They are attacking on every front, military, cyber, econ, colonization. New deal with India, NAFTA renegotiation of cancellation will kill their steel industry. Dumping in Canada and Mex. for US sale is huge to China.
This argument is not compelling because other countries, inclu China, can not be counted on to act in a way we would consider rational. That's only one part of this debate, but to answer your point.
One never knows. Also we don't actually know what the tariff is. We know proposed %, but will there be carveouts?
Agreed. I'm wondering if he doesn't actually implement them in the end.
He may just want more push on NoKo. He does consider trade foreign policy.
This is possible - would have been less of an issue if it was more narrowly targeted, which theoretically it could end up being once it's on paper.
Well its not boring, we'll find out next week.
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