Bitcoin Forum
June 22, 2018, 05:35:58 PM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Donald Trump and Trade War  (Read 73 times)
likaarmy
Jr. Member
*
Offline Offline

Activity: 54
Merit: 0


View Profile
June 10, 2018, 09:29:08 AM
 #1

Do you think Donald Trump trade War is justified? He wants bigger taxes for European cars in US and I believe he is right. I mean, US cars import to Europe taxe is 10% while European Car taxe to US is just 3.5%! What do you think of it?
1529688958
Hero Member
*
Offline Offline

Posts: 1529688958

View Profile Personal Message (Offline)

Ignore
1529688958
Reply with quote  #2

1529688958
Report to moderator
1529688958
Hero Member
*
Offline Offline

Posts: 1529688958

View Profile Personal Message (Offline)

Ignore
1529688958
Reply with quote  #2

1529688958
Report to moderator
1529688958
Hero Member
*
Offline Offline

Posts: 1529688958

View Profile Personal Message (Offline)

Ignore
1529688958
Reply with quote  #2

1529688958
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1529688958
Hero Member
*
Offline Offline

Posts: 1529688958

View Profile Personal Message (Offline)

Ignore
1529688958
Reply with quote  #2

1529688958
Report to moderator
crpytonation
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
June 10, 2018, 07:10:41 PM
 #2

Do you think Donald Trump trade War is justified? He wants bigger taxes for European cars in US and I believe he is right. I mean, US cars import to Europe taxe is 10% while European Car taxe to US is just 3.5%! What do you think of it?

US Will be the loser,if other countries start taxing US Goods
How about 20% taxes on Cokes,Pepsi,Microsoft,apple,lays,GE,Boeing,Tesla and all other American products ?

★ PRiVCY ➢✈✅[Tor]✅[Airdrop]✈★
700G
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
June 10, 2018, 08:35:05 PM
 #3

Consumers will lose in any trade war.
JessAnd
Jr. Member
*
Offline Offline

Activity: 48
Merit: 0

Jess And Her View Of The World


View Profile
June 12, 2018, 02:49:06 PM
 #4

Consumers will lose in any trade war.

100%!

Besides, what isn't taken into account by brainwashed trumpzilla supporters is this: the US simple can't satisfy their appetites for the consumerism, and they don't want to have certain manufacturing anywhere near their cities. They also have higher wages, compared to other parts of the world. That's where trade deficits are coming from. So this populist idea that somehow trade deficit equals the US just giving money to other countries is so moronic and untrue... I can't believe anyone with half brain would fall for this. But then again, from what I've seen on Twitter and other SM - trumpzila supporters aren't exactly the thinking kind...
omone1
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
June 13, 2018, 06:20:32 AM
 #5

Do you think Donald Trump trade War is justified? He wants bigger taxes for European cars in US and I believe he is right. I mean, US cars import to Europe taxe is 10% while European Car taxe to US is just 3.5%! What do you think of it?

I think what should be looked at here is the trade volume. If I buy more of your product and tax you more is fine, but you buy less of my product and you tax me very high when I have alternatives, then there is bound to be a market shift. US should maintain relationship trade with EU but see how to win over Chinese trade manipulations as earlier echoed by President Trump
Voolet
Jr. Member
*
Offline Offline

Activity: 35
Merit: 0


View Profile
June 13, 2018, 07:15:43 AM
 #6

It is typical for Trump. He won elections, because he promised to Americans that their country should be the strongest one in the world and these decisions try to protect them. I am not sure if Trump is right, it all can affect on the US in negative way.
Naida_BR
Jr. Member
*
Online Online

Activity: 103
Merit: 6


View Profile
June 13, 2018, 09:44:36 AM
 #7

Trump thinks that EU is his opponent in trading.

But he needs to turn his head the other way and look at China.


He should create strong partnerships if he wants to "Make America Greater Again" and not fighting partners.
theymos
Administrator
Legendary
*
Offline Offline

Activity: 3066
Merit: 3197


View Profile
June 13, 2018, 11:31:04 AM
 #8

Pretty much any economist will tell you that the best net policy for a country's population is to immediately and unilaterally end all tariffs on your end. If other countries have tariffs on their end, that hurts them far more than it hurts you. But politicians never listen to the economists on this because the protectionist narrative is so effective with the average person. It's a classic example of perverse incentives in government.

That said, if you have a bunch of countries going into a trade war from a protectionist mindset, I think that the US can ultimately do far more damage to the other countries' economies than it can be damaged, so I suppose that means that the US would "win". But even then you only get higher prices and some abstract idea of "now the trade is fair"...

1NXYoJ5xU91Jp83XfVMHwwTUyZFK64BoAD
Vod
Legendary
*
Offline Offline

Activity: 2422
Merit: 1505


Licking my boob since 1970


View Profile WWW
June 13, 2018, 11:50:56 AM
 #9

He should create strong partnerships if he wants to "Make America Greater Again" and not fighting partners.

Canada has always been the strongest ally of the US.

Now your buffoon POTUS insults us like he is a six year old child.  :/

I'm into creating universes, smiting people, writing holy books and listening to Prayer Messages (PMs).
BitcoinTalk Public Information Project (BPIP)
$$ Our donation wallet information $$
Steamtyme
Full Member
***
Offline Offline

Activity: 322
Merit: 181



View Profile
June 13, 2018, 12:26:53 PM
 #10

It's a shitty situation for the general population on both sides of the border. This goes for all countries the US is pushing trade wars with.

Trump should but won't, start thinking with the mindset that he is running a country and needs to lay the groundwork for the future not just try to "win". This isn't a business deal and that's the problem with most of the victories he's going for.

I was reading a few headlines and it looks like his trade "dispute" with us in Canada is set affect the states where he had overwhelming support the most. I remember during the election these are the same states he was promising to bring back their glory days.

I personally feel globalization has been mostly good,(not a fan of the exploitation of child/cheap labor without safety or health regulations) humans have been successfully achieving global trade for centuries expanding the routes as fast as we could discover new lands. I also believe that a country needs to have a plan to ensure it's survival. In the case of Canada I've never understood why the oil sands doesn't have a refinery, but I've also never delved to deeply into it.


In short I think this was an attempt to bully several countries into accepting his will, and it will backfire. Trump will never admit fault and the world will continue to move forward exploring different trade options that exclude the US due to their current volatility.

▶▶  [ WHITEPAPER ]  ◀◀            i v y            ▶▶  [ JOIN US NOW! ]  ◀◀
Ivy Disrupts The US$5 Trillion Per Day Money Transfer Market
TELEGRAM     ●    FACEBOOK    ●     TWITTER     ●    YOUTUBE    ●     LINKEDIN
Quickseller
Copper Member
Legendary
*
Offline Offline

Activity: 1456
Merit: 1078


Hire BOUNTYPORTALS>Bounty management goo.gl/pSzJuA


View Profile WWW
June 14, 2018, 07:58:34 AM
 #11

I think the ultimate goal is to lower both tariffs and non-tariff barriers to trade to zero, or close to zero. Many of our trading partners skew the market in one way or another making it so we cannot export as many goods to their country that we otherwise might be able to.

The act of putting new tariffs on another country's exports that take effect in the future is a way to get the other country to the table to try to work out a deal in which barriers are lowered from what they were prior to the tariffs being implemented.

iluvbitcoins
Legendary
*
Offline Offline

Activity: 1386
Merit: 1050


Freedom&Honor


View Profile WWW
June 14, 2018, 11:56:50 PM
 #12

Pretty much any economist will tell you that the best net policy for a country's population is to immediately and unilaterally end all tariffs on your end. If other countries have tariffs on their end, that hurts them far more than it hurts you. But politicians never listen to the economists on this because the protectionist narrative is so effective with the average person. It's a classic example of perverse incentives in government.

That said, if you have a bunch of countries going into a trade war from a protectionist mindset, I think that the US can ultimately do far more damage to the other countries' economies than it can be damaged, so I suppose that means that the US would "win". But even then you only get higher prices and some abstract idea of "now the trade is fair"...

My thoughts too.
However, if Trump pulls it off (and I think he could), he could lower the tariffs and provide freer trade for both countries.
As Quickseller pointed out, the intention isn't to set a higher tax to set a 'fair trade', it is to show they should decrease their import fees.
Hoping it's going to work.
Trump seems like he pulls things off.


.FORTUNE.JACK.
      ▄▄███████▄▄
   ▄████▀▀ ▄ ██████▄
  ████ ▄▄███ ████████
 █████▌▐███▌ ▀▄ ▀█████
███████▄██▀▀▀▀▄████████
█████▀▄▄▄▄█████████████
████▄▄▄▄ █████████████
 ██████▌ ███▀████████
  ███████▄▀▄████████
   ▀█████▀▀███████▀
      ▀▀██████▀▀
         
         █
...FortuneJack.com                                             
...THE BIGGEST BITCOIN GAMBLING SITE
       ▄▄█████████▄▄
    ▄█████████████████▄
  ▄█████████████████████▄
 ▄██
█████████▀███████████▄
██████████▀   ▀██████████
█████████▀       ▀█████████
████████           ████████
████████▄   ▄ ▄   ▄████████
██████████▀   ▀██████████
 ▀██
█████████████████████▀
  ▀██
███████████████████▀
    ▀█████████████████▀
       ▀▀█████████▀▀
#JACKMATE
WIN 1 BTC
▄█████████████████████████▄
███████████████████████████
███████████████████████████
██████████▀█████▀██████████
███████▀░░▀░░░░░▀░░▀███████
██████▌░░░░░░░░░░░░░▐██████
██████░░░░██░░░██░░░░██████
█████▌░░░░▀▀░░░▀▀░░░░▐█████
██████▄░░▄▄▄░░░▄▄▄░░▄██████
████████▄▄███████▄▄████████

███████████████████████████
███████████████████████████
▀█████████████████████████▀
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!