Trump will try to damage other country’s trade by imposing tariffs and quota restrictions. But the E.U. has pledged to fight back on his tariffs, targeting US peanut butter and orange juice. What Trump cannot see through the prism of his own warped ideology is that the US is so far behind in its trade imbalance with the world that no matter how many tariffs he imposes, the retaliation will only leave it deeper in the hole with a damaged economy.
A trade war will bring lost jobs, dying exports and shuttered factories, fallow farms. These ill-considered events could quickly spiral into uncontrollable effects that can be reversed only at enormous cost.
braindead Premium Member about 6 years ago
Thoughts and prayers, Lisa.
Thoughts and prayers!
Ontman about 6 years ago
More evidence that Trump is about as (a true) Republican as Bill Clinton.
Masterskrain Premium Member about 6 years ago
Yes, he IS that utterly clueless.
Radish the wordsmith about 6 years ago
Trump shoots an arrow into the air
Where it comes down, he doesn’t care.
Durak Premium Member about 6 years ago
Well done.
Mr. Blawt about 6 years ago
Trump will try to damage other country’s trade by imposing tariffs and quota restrictions. But the E.U. has pledged to fight back on his tariffs, targeting US peanut butter and orange juice. What Trump cannot see through the prism of his own warped ideology is that the US is so far behind in its trade imbalance with the world that no matter how many tariffs he imposes, the retaliation will only leave it deeper in the hole with a damaged economy.
A trade war will bring lost jobs, dying exports and shuttered factories, fallow farms. These ill-considered events could quickly spiral into uncontrollable effects that can be reversed only at enormous cost.