The debate "Trump's plan to impose tarriffs on steel and aluminum are stupid" was started by
March 6, 2018, 6:44 am.
15 people are on the agree side of this discussion, while 8 people are on the disagree side.
People are starting to choose their side.
It looks like most of the people in this community are on the agreeing side of this statement.
historybuff posted 3 arguments to the agreers part.
historybuff, Nemiroff, lachlan2, hassan and 11 visitors agree.
batmanfan777 and 7 visitors disagree.
I read an interesting article this morning about a company that makes kegs in America. all the employees were going on about how the tarriffs were good and will help make America great again, while the owner said they will drive him out of business and the employees will likely all be laid off.
I thought it underlined the stupidity of trump supporters. even when Trump is screwing them, they support him. it's kind of sad.
estimates say that this could cost GM and Ford a billion dollars each.
does anyone still think that trump is as good at economics as he claims?
Trump announced last week that he would impose a 25% tariff on steel and a 10% tariff on imports of aluminum. this seems like a rediculously stupid idea. the US gets the majority of the these imports from it's own allies, such as Canada, Australia and South Korea. so he is targeting his own military allies using a law designed to protect national security.
also, as any economist will tell you, tariffs primarily hurt the country implementing them. this would be good news if you are a producer of steel or aluminum in America. if you are literally anyone else this is bad news. the costs of everything go up. that means less investment, higher consumer coats and lost jobs.
and to top it all off, reportedly trump made the decision because he was in a bad mood and hadn't discussed it with most of his own government and certainly not with his Allies who he is targeting. the whole thing looks like a meltdown by a petulant child.