DawgTalkers.net Forums DawgTalk Palus Politicus Trump imposes steel, aluminum tariffs on U.S. allies and Europe plans to retaliate

Who's the only people scarier than trump that can make the GOP say "how high" when they say "jump"....

Koch Network Planning Major Campaign Against Trump's Tariffs

https://finance.yahoo.com/news/koch-network-planning-major-campaign-170000782.html

The political network backed by billionaires Charles and David Koch said Monday it’s planning a “multi-year, multi-million-dollar” campaign to promote free trade and oppose President Donald Trump’s moves to impose tariffs on billions of dollars worth of imports.

The effort will include advertising, voter mobilization and lobbying in an attempt to “transform the way Washington and the rest of the country consider and value trade with other nations,” according to a joint statement from three Koch groups.

More from Bloomberg.com: China’s Warning About ‘Dictatorship’ Chant Chills Hong Kong Vigil

The network, the most influential conservative entity outside the Republican Party, has clashed with Trump before on trade and immigration. The Koch brothers, who each have a net worth of about $47 billion in the Bloomberg Billionaires Index, didn’t support him in the 2016 campaign but have since praised his efforts to cut taxes and regulations.

“The Trump administration has taken some incredibly positive steps for the American economy, but tariffs will undercut that progress and needlessly hamstring our full economic potential,” Tim Phillips, president of the Koch-affiliated Americans for Prosperity, said in a statement. “There are better ways to negotiate trade deals than by punishing American consumers and businesses with higher costs.”

More from Bloomberg.com: Trump and Allies Set for Showdown Over Trade

Besides AFP, other Koch network entities involved in the project include the Freedom Partners Chamber of Commerce , the hub organization for top Koch donors, and the LIBRE Initiative , which seeks to woo Latinos to conservatism.

Agenda
With a trade war brewing after Trump’s proposed tariffs on products from China and duties on steel and aluminum imports, the Koch network also released a list of trade principles and policy recommendations that its campaign will seek to advance.

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Manufacturers and business groups, including the U.S. Chamber of Commerce, have slammed Trump’s decision last week to impose tariffs on steel and aluminum imports from the European Union, Canada and Mexico, warning that retaliation is likely and calling the move a tax on U.S. companies and consumers.

The Koch network isn’t expected to start the paid advertising related to tariffs until later in the summer, although Americans for Prosperity is already one of the nation’s most active television advertisers in this year’s midterm congressional campaign.

Keeping the Koch brothers and their donors happy is important for Republicans in an election year, especially as Democrats show signs of momentum as they campaign to win the 23 seats they need to gain control of the House after the November election.

The network, which could make a difference in some of the states that could tip the balance of power on Capitol Hill, plans to spend roughly $400 million on state and federal policy and politics during the two-year election cycle that culminates with the November balloting. That marks about a 60 percent increase over 2015-16, although leaders have said more than a third of the 2017-18 total has already been spent.

Putin, NRA... oh and Mueller.

maybe the NRA, but not mueller or putin.

We'll see I guess.

Mexico Hits U.S. Steel And Farm Products With Tariffs, Retaliating For Trump Move

https://www.npr.org/sections/thetwo-way/...-for-trump-move

I need someone with a genius level IQ to explain to me why trump has no problem starting trade wars and talk non stop trash about our allies, but bails out Chinese companies and bends over backwards for the Russians.

Good luck searching the Trumplodytes for ones buddy.

Whats our trade deficit with russia? ....

He gave concessions to one Chinese company ... i have not figured out why yet ... my guess is its tied to something he expects to happen or watch those concessions go bye bye ...

Funny u mention u the one company he helped out bit no mention of the SEVERE TARRIFS WE placed on China ... wonder why that is ... ...

Next time u need a 3rd grader just ask for one ... no need to ask for a genius when a 3rd grader will do ...

Please ask an intelligent question if u expect me to respond again ...

You mean the company that was stealing intellectual property from the US?

Do you understand how clueless you sound right now?

China is owning the US right now.

Trump Wants to Divide Nafta Talks Into 2 Separate Deals

https://www.nytimes.com/2018/06/05/us/po...WT.nav=top-news

WASHINGTON — The Trump administration added another complication to already fractious talks with Canada and Mexico on Tuesday, suggesting that President Trump now wants to negotiate separate bilateral deals with those nations rather than continue three-country discussions to rewrite the North American Free Trade Agreement.

“His preference now, and he asked me to convey this, is to actually negotiate with Mexico and Canada separately,” Larry Kudlow, the White House chief economic adviser, said of the president on Fox & Friends Tuesday morning.

Mr. Kudlow said pursuing separate deals might allow an agreement to be reached “more rapidly,” adding: “I think that’s the key point. You know, Nafta has kind of dragged on.”

The comments echo previous musings by Mr. Trump and are only likely to inflame tensions with Canada and Mexico, which are already reeling from Mr. Trump’s imposition of steel and aluminum tariffs and his suggestion that tariffs on autos might come next. Relations with Canada and Mexico are more strained than at any time during the president’s tenure, and the clock has essentially run out for the administration to secure a Nafta deal this year.

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Canada and Mexico have opposed the idea of separate treaties as cumbersome and an unnecessary complication of a pact that many North American businesses rely on for sales and production.

Mr. Kudlow insisted that the president was not planning to withdraw from Nafta. However, splitting the current trilateral deal into two separate bilateral agreements would likely require nullifying the 25-year-old agreement.

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The president has frequently threatened to withdraw from Nafta to put pressure on his opponents in the negotiation and on Friday, Mr. Trump said he would be interested in pursuing separate deals. “These are two very different countries,” he said.

“I like free trade but I want fair trade,” Mr. Trump said, adding, “They cannot believe they’ve gotten away with this for so many decades.”

The Trump administration had been trying to conclude Nafta talks by the end of May in order to submit the deal for a vote in the current Republican-controlled Congress. But the three countries have remained at an impasse over significant provisions, including manufacturing rules for autos and an American proposal for a five-year sunset clause that would cause the deal to automatically expire unless the countries voted to renew it.

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Given the statutory deadlines the administration must meet to get a trade deal approved, it now appears likely that any vote would drag into next year, after midterm elections that could shift the political makeup of Congress.

Last week, the Trump administration hit Canada and Mexico with steel and aluminum tariffs, the product of a national security-related investigation that both countries view as an affront to their close alliances. The levies, which took effect June 1, have further chilled relations, with Canada and Mexico vowing retaliation on American producers.

Mr. Trump’s strategy in the negotiations with Canada and Mexico has drawn criticism from the business community as well as Democrats and Republicans.

A spokeswoman for Representative Kevin Brady of Texas, the chairman of the Ways and Means Committee, said Tuesday that Mr. Brady opposed splitting the negotiations in two.

“A Nafta without both Canada and Mexico included is no longer a North American Free Trade Agreement,” the spokeswoman, Julia Slingsby, said. “Chairman Brady believes one free trade agreement with Canada and Mexico is best for America. It provides the most certainty for American companies and is the best way we can sell ‘Made in America’ products.”

And a survey of chief executive officers released Tuesday morning by Business Roundtable showed that while executives have a positive view of the economy, they see the administration’s trade policy and the prospect of retaliation from other countries as an escalating risk to their businesses.

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Joshua Bolten, the president of Business Roundtable, said that uncertainties about trade policy were “a growing weight on economic progress — especially amid escalating trade tensions. America’s current and future economic vitality depends on productive talks with China and a successful modernization of Nafta.”

Senator Orrin G. Hatch of Utah, the Finance Committee chairman, urged Mr. Trump’s team to be patient in the ongoing Nafta negotiations, in a statement last month. “It is critical that the administration takes the time necessary to get these negotiations right,” Mr. Hatch said. “I believe the administration understands that.”

Mr. Kudlow’s comments triggered an immediate jump in the value of the dollar against the Mexican peso and the Canadian dollar, a sign of investor concern about the strength of those countries’ economies.

Hmmm, he wants to subjugate Mexico.

If thats your response to what I typed in my post ... your reading comprehension is off more than usual ... sheeeesh ... that was horrible even for U ...

Good stuff on NAFTA ... much easier to deal with one country deals as opposed to two ... much clearer water to work in ... wouldn’t expect u to understand ... way over ya’all’s heads ...

I had posted on here a couple months ago that I was looking at the pipe and wire escalation on a project that was delayed from last fall and we did not even have tariffs yet and the cost of conduit and wire had escalated about 35-40%.
Well, we got a notification from our vendors that since the tariffs are being enacted, there is another round of price increases coming.

Within a few hours, we got a new pricing sheet on thinwall and rigid conduit-Compared to late summer last year, the cost of EMT conduit has now risen between 61-63.2% on different sizes and rigid has risen between 48.5 & 53% on the same sizes.

Same day copper also took a jump. Good time to scrap-not a good time for a power plant and a couple large hospital jobs.

My friends and I are building another giant robot this summer. Thankfully we ordered the steel a couple weeks back or our profit would have been significantly impacted. 6300 pounds of steel isn’t cheap...and it just keeps getting costlier.

Yes, there will be pain as this gets ironed out.
I have spoken to people in the Aluminum window industry and prices have skyrocketed with the tariffs. They are talking layoffs due to not being able to compete with higher prices.

At least people now have somewhere to spend their tax cuts. With these new taxes.... I mean tariffs.

Nice twist on your typical anti America spew.

I would rather pay more for goods that will create jobs (which will need to be seen yes)than pay more taxes that go into the pockets of politicians rich buddies and lobbyist (which we have seen and know happens).

time to give the former a shot.

I think what many fail to see is that the vast majority of Americans can't afford to pay more. I mean if you're doing well, simply changing up a few things will be easy to do. If you're low on the totem pole, it can have a terrible impact on you and your family.

Right now it's really killing the farmers.

President Trump is trying to fix these "Fair and Open Trade Deals" that are fair and open to everyone at America's expense.(something like a Trillion bucks a year)

The EU, Mexico, Canada, and China say no, we like it just the way it is.

So now the President says fine, you charge Tariffs on everything we sell you so now we will charge your products at the same rate.

The Globalists cry, "America is a Rogue Nation!"

America responds, "We want Free, Fair and Open Trade, end your Tariffs and we will too."

Farmers have been getting killed by imports for years. . . . . I haven't heard one person complain about that - all of a sudden they care? I don't buy it. Just another thing to blame trump on.

I live outside Pittsburgh, to get there, I drive through some major farm country. Many many many of my customers are farmers. For years, their biggest complaints have been imports flooding the market and driving prices down so much it was easier to just abandon their crops. This isn't a new issue, its just new to somes eyes cause trump is involved now.

There was a big time Farmer on the News this morning who said this will be painful but we know we will come out better in the end.

http://fortune.com/2018/04/18/trump-tariffs-china-farmers-trump-supporters/

https://www.nytimes.com/2018/04/07/us/politics/trump-trade-china-politics-heartland.html

https://www.wsj.com/articles/for-u-s-farmers-china-tariffs-timing-is-harsh-1521979200

Actually it's the farmers saying this and they're not a liberal base. So you don't have to buy it, but the farmers are the ones forced to deal with it.

Trump's mushrooms like being kept in the dark and eating BS. It's a perfect symbiotic relationship.

You are now confirming what I said in the beginning, there will be pain before this gets ironed out.

That's really not debatable. I think we all knew that going in.

But it's much easier to say that and agree with it when you can afford to pay the pain. See, most American families live week to week. They can't afford to pay the consequences that most of us can. Neither can many of the farmers. On a personal level it isn't going to hurt me much.

I guess I just think more about those who can't afford it more than some do.

Ask the Farmers and the American people how they feel about their Country being ripped off for a Trillion dollars a year and suddenly they are willing to suffer some pain to defeat those who take advantage of all of us.

This is a nasty business but today is the time to fight for our future. The American economy is growing strong, there are not enough workers to fill our jobs.

We fight this rip off from a position of strength and just as the Farmer said this morning, "We know we will come out of this better off in the end."

I certainly hope so. I do wish Trump had spent more time trying to negotiate with our allies before invoking these tariffs though. It seems he spent more effort trying to show he was tough than he did negotiating deals before taking these actions.

Your missing my point....Sorry to not have been more clear.

Imports have been killing farmers for YEARS, they have been closing left and right, going under due to them. We all agree on that I believe.

What I was saying is, continuing on that route is a demise, this may hurt now, but may have a HUGE dividend in the end. Will some get hurt? More than likely. Will some go under? Probably (not that they would not have gone under anyway). But at the other side of it, there is a light at the tunnel, the way they are going now, not so much.

I actually agree. In the short term this is going to be painful, but we will adjust and we will begin to grow/produce more in this country to meet the demand. It will take a little time but it will happen. I used to be involved pretty heavy with the United Steel workers and they have been screaming for tariffs on steel imports years .

Trump criticizes Justin Trudeau, says US won't endorse G7 statement

https://www.cnn.com/2018/06/09/politics/trump-justin-trudeau-g7-communique/index.html

looks like the G7 will soon turn into the G6.

man, Putin and his boys are popping champagne right now.

What kind of champagne you popping right now?

i dont drink champagne.

Sure you do with your boys and Putin.

lol this makes zero sense.

That was my point when you started it, teachable moments.

The "How did David Hogg know how to use Google?!?" and "how is Breitbart an insane site for weird racists?" guy is here for teachable moments .

The West is in crisis, despite Trump's glowing assessment

Link

A good read, but this quote from the article about sums it up...



Sickening...

Don’t listen to Trump, the US has persistently and ferociously defended its trade interests

Trump’s claims that the US is uniquely open and liberal are as untrue as his claims of victimhood

Link

This is am excellent read that I found in the South China Morning Post... It sports a view from a foreign perspective...

Here is a great quote from the article...

Very interesting that you would use Chinese Propaganda to advance your hate of our President and American interests.

Bot much?

The first article is from Stephen Collinson of CNN... the second was done by David Dodwell, a British researcher/reporter that has been writing on global business for years, and is also the executive director of the Hong Kong-APEC Trade Policy Study Group, a trade policy think tank.

Read and learn... it's an amazing concept... and btw... he's your mistake, not mine...

Your interests are formed on lies tweeted by a child... and the world knows it... why don't you?

And as far as my view on American interests... my only hate is for the one that is hell bent on making my country look like a laughing stock to the rest of the world... alliances that were built on blood are play toys to your mistake... that is the root of my hatred...