Trump to finally deal with Chinese Steel dumping. - GoFuckYourself.com

Paul Markham · 03-01-2018, 11:34 PM

https://www.theguardian.com/business...MCNEWEML6619I2

Quote:

World stock markets have tumbled after Donald Trump said the United States would impose tariffs of 25% on steel imports and 10% on imported aluminum next week.

The threat of a trade war with China and higher goods prices led to a sharp sell-off in Wall Street on Thursday, causing Asian markets to take fright on Friday.

The Nikkei index in Japan fell 2.4%, Hong Kong and South Korea were down 1.6%, and the ASX200 in Sydney was off 1% in early afternoon trading. Asian steelmakers bore the brunt. South Korea?s Posco fell 3% and Japan?s Nippon Steel 4%.

The stock markets are in a frenzy over this. Ordinary working class people in the Mid-West will praise him.

Any trade war with China will end very badly for the Chinese.

pimpmaster9000 · 03-02-2018, 02:42 AM

what a genius move on trumps part

its not like china can do the same to the USA...oh wait it can...hmmmmm I wonder if trump has a plan for this?...I bet he has the magic wand of cherry picking consequences ready!!!...

*trump waves magic wand*

"I will impose tariffs on you but you will not do the same back MAGA"

phew! problem solved...

prepare for MAGA!

NewNick · 03-02-2018, 03:34 AM

Quote:

Originally Posted by Paul Markham

Any trade war with China will end very badly for the Chinese.

Why do you think that ?

directfiesta · 03-02-2018, 03:50 AM

Canada is already looking for alternate outlets for our ressources ( including oil ), as Canada can no longer trust their dealings with the USA, what used to be their most important trade partners .

beerptrol · 03-02-2018, 03:53 AM

I see he didn't touch his cheap shit made over there.
Chump shoots off at the mouth not understanding the consequences and then his staff reels him in.. He still thinks this is reality tv

He must not be building any new buildings

Trump's last three construction projects, Trump opted to purchase his steel and aluminum from Chinese

Sarn · 03-02-2018, 03:53 AM

China it one country winner from globalisation.

BaldBastard · 03-02-2018, 04:45 AM

Canada supplies 16 percent of US demand for steel while China supplies 2 per cent, followed by Brazil and South Korea, Australia provides 0.8 per cent of the US steel market and 1.5 per cent of aluminium supply.

https://www.smh.com.au/politics/fede...02-p4z2lt.html

bronco67 · 03-02-2018, 05:27 AM

This is what happens when all of his guardrails start leaving the White House for "other opportunities". He just reverts to being a nationalist making reckless moves.

The president should be a stabilizing force, not a loose cannon farting out ideas without the thought of what consequences it could bring. A lot of people lost money in the stock market yesterday because of this unnecessary bullshit meant to make him look strong to a bunch of mouth breathers who voted for him.

Busty2 · 03-02-2018, 06:44 AM

China isn't even in the top ten of countries we import steel from

Canada 17%
Brazil 13%
South Korea 12%
Mexico 9%
Turkey 7%
Japan 6%
Russia 6%
Germany 4%
Taiwan 3%
Vietnam3%

All i see this doing is adding increased cost to the people of the USA and if these countries retaliate job losses in the USA
Thanks Chump you moron !!

Brian mike · 03-02-2018, 06:51 AM

Quote:

Originally Posted by directfiesta

Canada is already looking for alternate outlets for our ressources ( including oil ), as Canada can no longer trust their dealings with the USA, what used to be their most important trade partners .

tony286 · 03-02-2018, 07:23 AM

Quote:

Originally Posted by Paul Markham

https://www.theguardian.com/business...MCNEWEML6619I2

The stock markets are in a frenzy over this. Ordinary working class people in the Mid-West will praise him.

Any trade war with China will end very badly for the Chinese.

Really? Most of our shit is made in China. From Dollar store crap to high end macs.

2MuchMark · 03-02-2018, 08:34 AM

Quote:

Originally Posted by Paul Markham

Any trade war with China will end very badly for the Chinese.

LOL You're kidding, right?

Quote:

Originally Posted by directfiesta

Canada is already looking for alternate outlets for our ressources ( including oil ), as Canada can no longer trust their dealings with the USA, what used to be their most important trade partners .

I think alot of other countries are starting to think the same way.

My other half is a bigwig in the Aluminum industry and what Chump has done is a serious blow, and considered absolutely stupid by everyone. They are taking it very seriously and figuring out their next move.

Busty2 · 03-02-2018, 08:38 AM

https://www.wish.com

or

https://tophatter.com

Rochard · 03-02-2018, 10:20 AM

Quote:

Originally Posted by Paul Markham

Any trade war with China will end very badly for the Chinese.

No, it won't end badly for the Chinese.

The Chinese will still sell us steel, and we will pay more for it. Prices goes up for the US citizens, nothing changes in China. The last time we imposed a tariff on steel from China the US steel industry lost jobs.

onwebcam · 03-02-2018, 12:13 PM

Steel prices in the US have been deflated for many years due to these trade deals.. Anyone remember they were shipping all of the Twin Towers scrap steel out of the US? It's because it was law..

BaldBastard · 03-02-2018, 01:11 PM

Trump steel tariffs: European Union gears up for trade war - BBC News

Europe is first..
"We will put tariffs on Harley-Davidson, on bourbon and on blue jeans - Levi's."

crockett · 03-02-2018, 02:29 PM

Quote:

Originally Posted by Busty2

China isn't even in the top ten of countries we import steel from

Canada 17%
Brazil 13%
South Korea 12%
Mexico 9%
Turkey 7%
Japan 6%
Russia 6%
Germany 4%
Taiwan 3%
Vietnam3%

All i see this doing is adding increased cost to the people of the USA and if these countries retaliate job losses in the USA
Thanks Chump you moron !!

It's all about making his chumpanzees go rahh rahhh hail Trumpler!

Paul Markham · 03-02-2018, 03:00 PM

Quote:

Originally Posted by NewNick

Why do you think that ?

Because the US consumes more than it sells.

Paul Markham · 03-02-2018, 03:06 PM

Quote:

Originally Posted by Busty2

China isn't even in the top ten of countries we import steel from

Canada 17%
Brazil 13%
South Korea 12%
Mexico 9%
Turkey 7%
Japan 6%
Russia 6%
Germany 4%
Taiwan 3%
Vietnam3%

All i see this doing is adding increased cost to the people of the USA and if these countries retaliate job losses in the USA
Thanks Chump you moron !!

They will have to look for alternative markets. Most of your list includes economies that rely on selling cheap goods to the US. What are they going to do, stop selling to Americans? Vietnam Vets must be feeling great they now buy so much from Vietnam.

Quote:

Economic costs. The Defense Department reported that the overall cost of the Vietnam war was $173 billion (equivalent to $770 billion in 2003 dollars). Veteran's benefits and interest would add another $250 billion ($1 Trillion in 2003 dollars).

Quote:

The Vietnam Conflict Extract Data File of the Defense Casualty Analysis System (DCAS) Extract Files contains records of 58,220 U.S. military fatal casualties of the Vietnam War. These records were transferred into the custody of the National Archives and Records Administration in 2008.

Tasty1 · 03-02-2018, 09:43 PM

that must be good for the environment when cars get more expensive. No need for a Paris Climate agreement, Trump can handle it himself.

Rochard · 03-02-2018, 09:54 PM

Quote:

Originally Posted by Paul Markham

They will have to look for alternative markets. Most of your list includes economies that rely on selling cheap goods to the US. What are they going to do, stop selling to Americans? Vietnam Vets must be feeling great they now buy so much from Vietnam.

No, they won't have to look for alternative markets. We will still have to buy steel from them, only we will pay more for it. Those costs will be passed down to us, the end consumer.

Tasty1 · 03-02-2018, 10:51 PM

Quote:

Originally Posted by Rochard

No, they won't have to look for alternative markets. We will still have to buy steel from them, only we will pay more for it. Those costs will be passed down to us, the end consumer.

Yes, he just should it call a 'sustainability tax' than no one can complain about it.

spads · 03-02-2018, 11:25 PM

The winners of this are governments. They get a new revenue stream while the citizens of all these countries end up paying more for shit. Thanks government!

Spunky · 03-03-2018, 12:10 AM

No more Mr. Nice Guy from the Canadian people. It's ok to fuck us with massive tariffs on our lumber but you wont take our steel

pimpmaster9000 · 03-03-2018, 03:09 AM

this will do wonders for american exports LOL now that other countries start imposing tariffs on already over priced american goods...people are going to be standing in line to buy american stuff...

cutting off cheap raw materials to american producers was a genius move from trumpy bear

prepare for MAGA!

Sarn · 03-03-2018, 03:21 AM

I am of course don't know how will be work such protectionism. End consumers on domestic market receive more biggest prices, and not win without competition. Export will be overpriced and not competitive.

Paul Markham · 03-03-2018, 04:23 AM

Quote:

Originally Posted by Rochard

No, they won't have to look for alternative markets. We will still have to buy steel from them, only we will pay more for it. Those costs will be passed down to us, the end consumer.

So you're for imports making products cheaper and putting Americans out of work. And there was me thinking you cared about your fellow countrymen.

directfiesta · 03-03-2018, 04:33 AM

''Notably, while Canada?s top source countries have shifted from year to year, the United States has ranked as Canada?s top import source for steel products for more than 20 years. ''
59% of our steel import ... from the USA ...

https://www.trade.gov/steel/countrie...rts-Canada.pdf

to your un-hinged retard president ... elected by retards.

pimpmaster9000 · 03-03-2018, 04:44 AM

Quote:

Originally Posted by Paul Markham

. And there was me thinking you cared about your fellow countrymen.

paul markham-ing
/pɔːl mɑːkhæming/
verb

-the act of moving to another country to avoid hiring your fellow countrymen
"he paul markhamed the fuck out to china"

Busty2 · 03-03-2018, 06:12 AM

Quote:

Originally Posted by Rochard

No, they won't have to look for alternative markets. We will still have to buy steel from them, only we will pay more for it. Those costs will be passed down to us, the end consumer.

100% agree, cars, appliances, buildings if fact most things that need steel or aluminum will increase.
Thanks Chump

RedFred · 03-03-2018, 06:54 AM

Quote:

Originally Posted by Sarn

I am of course don't know how will be work such protectionism. End consumers on domestic market receive more biggest prices, and not win without competition. Export will be overpriced and not competitive.

BaldBastard · 03-03-2018, 06:58 AM

Quote:

Originally Posted by RedFred

Russian exports will be hit as well...

crockett · 03-03-2018, 07:51 AM

Quote:

Originally Posted by Paul Markham

So you're for imports making products cheaper and putting Americans out of work. And there was me thinking you cared about your fellow countrymen.

Meanwhile you moved to a country so you could shoot cheap models and have cheap rent..

INever · 03-03-2018, 07:51 AM

Quote:

Originally Posted by crucifissio

what a genius move on trumps part

its not like china can do the same to the USA...oh wait it can...hmmmmm I wonder if trump has a plan for this?...I bet he has the magic wand of cherry picking consequences ready!!!...

*trump waves magic wand*

"I will impose tariffs on you but you will not do the same back MAGA"

phew! problem solved...

prepare for MAGA!

Mainland Communist China already does the same. In a very big way. They do not have an open and free import market.

Sarn · 03-03-2018, 08:23 AM

Quote:

Originally Posted by RedFred

Quote:

Originally Posted by MrBaldBastard

Russian exports will be hit as well...

cars will be cheaper, tanks will too ))

Sarn · 03-03-2018, 08:44 AM

protectionism = country losing competitive
why?

Paul Markham · 03-03-2018, 08:58 AM

Quote:

Originally Posted by crockett

Meanwhile you moved to a country so you could shoot cheap models and have cheap rent..

Check out this thread for the reason I moved. !0 years in the UK and the number of good girls I shot were limited. 10 years in Czech and the number of good girls we shot were limitless.

https://gfy.com/fucking-around-and-pr...-pictures.html

pimpmaster9000 · 03-03-2018, 09:05 AM

Quote:

Originally Posted by Paul Markham

Check out this thread for the reason I moved. !0 years in the UK and the number of good girls I shot were limited. 10 years in Czech and the number of good girls we shot were limitless.

https://gfy.com/fucking-around-and-pr...-pictures.html

well yes this is the exact same reason people outsource to china...x years in their western country and only a few cheap workers and resources...then they move to china and BAM tons of cheap work and resources

03-02-2018, 02:42 AM	#2
pimpmaster9000 Too lazy to set a custom title Industry Role: Join Date: Dec 2011 Posts: 26,732	what a genius move on trumps part its not like china can do the same to the USA...oh wait it can...hmmmmm I wonder if trump has a plan for this?...I bet he has the magic wand of cherry picking consequences ready!!!... trump waves magic wand "I will impose tariffs on you but you will not do the same back MAGA" phew! problem solved... prepare for MAGA! __________________ Report a suspicious cracker: Click Here

03-02-2018, 03:53 AM	#5
beerptrol Confirmed Asshole Industry Role: Join Date: Feb 2003 Location: Half way between sobriety and fubar. Posts: 12,722	I see he didn't touch his cheap shit made over there. Chump shoots off at the mouth not understanding the consequences and then his staff reels him in.. He still thinks this is reality tv He must not be building any new buildings Trump's last three construction projects, Trump opted to purchase his steel and aluminum from Chinese __________________ “If we are to have another contest in the near future of our national existence, I predict that the dividing line will not be Mason and Dixon's but between patriotism and intelligence on the one side, and superstition, ambition and ignorance on the other.” -- Ulysses S. Grant

03-02-2018, 05:27 AM	#8
bronco67 Too lazy to set a custom title Join Date: Dec 2006 Posts: 29,032	This is what happens when all of his guardrails start leaving the White House for "other opportunities". He just reverts to being a nationalist making reckless moves. The president should be a stabilizing force, not a loose cannon farting out ideas without the thought of what consequences it could bring. A lot of people lost money in the stock market yesterday because of this unnecessary bullshit meant to make him look strong to a bunch of mouth breathers who voted for him. __________________

03-02-2018, 08:38 AM	#13
Busty2 Member since 1999 Industry Role: Join Date: Dec 2007 Location: Off the Amalfi coast Posts: 7,202	To be honest if we lose shit like this i would not be sorry !!! https://www.wish.com or https://tophatter.com

03-02-2018, 12:13 PM	#15
onwebcam Fake Nick 1.0 Industry Role: Join Date: Oct 2005 Location: Rent free, your head Posts: 27,661	Steel prices in the US have been deflated for many years due to these trade deals.. Anyone remember they were shipping all of the Twin Towers scrap steel out of the US? It's because it was law.. __________________ PLEASE WAIT WHILE BIDEN ADMIN UNINSTALLS ITSELF..... ██████████████████▒ 99.5% complete.

03-02-2018, 03:50 AM	#4
directfiesta Too lazy to set a custom title Industry Role: Join Date: Oct 2002 Location: Punta Cana, DR Posts: 29,592	Canada is already looking for alternate outlets for our ressources ( including oil ), as Canada can no longer trust their dealings with the USA, what used to be their most important trade partners .

03-02-2018, 03:53 AM	#6
Sarn KeepYourPimpHandStrong Industry Role: Join Date: Sep 2015 Location: Russia Posts: 11,454	China it one country winner from globalisation.

03-02-2018, 04:45 AM	#7
BaldBastard Too lazy to set a custom title Industry Role: Join Date: Jan 2001 Location: Sydney Posts: 16,071	Canada supplies 16 percent of US demand for steel while China supplies 2 per cent, followed by Brazil and South Korea, Australia provides 0.8 per cent of the US steel market and 1.5 per cent of aluminium supply. https://www.smh.com.au/politics/fede...02-p4z2lt.html

03-02-2018, 06:44 AM	#9
Busty2 Member since 1999 Industry Role: Join Date: Dec 2007 Location: Off the Amalfi coast Posts: 7,202	China isn't even in the top ten of countries we import steel from Canada 17% Brazil 13% South Korea 12% Mexico 9% Turkey 7% Japan 6% Russia 6% Germany 4% Taiwan 3% Vietnam3% All i see this doing is adding increased cost to the people of the USA and if these countries retaliate job losses in the USA Thanks Chump you moron !!

03-02-2018, 01:11 PM	#16
BaldBastard Too lazy to set a custom title Industry Role: Join Date: Jan 2001 Location: Sydney Posts: 16,071	Trump steel tariffs: European Union gears up for trade war - BBC News Europe is first.. "We will put tariffs on Harley-Davidson, on bourbon and on blue jeans - Levi's."

03-02-2018, 09:43 PM	#20
Tasty1 Judge Jury and Executioner Industry Role: Join Date: Jan 2005 Location: South-America Posts: 9,469	that must be good for the environment when cars get more expensive. No need for a Paris Climate agreement, Trump can handle it himself. __________________ everything is fake

03-02-2018, 11:25 PM	#23
spads Confirmed User Industry Role: Join Date: Mar 2013 Posts: 344	The winners of this are governments. They get a new revenue stream while the citizens of all these countries end up paying more for shit. Thanks government!

03-03-2018, 12:10 AM	#24
Spunky I need a beer Industry Role: Join Date: Jun 2002 Location: ♠ Toiletville ♠ Posts: 133,939	No more Mr. Nice Guy from the Canadian people. It's ok to fuck us with massive tariffs on our lumber but you wont take our steel __________________ *YOUR INFORMATION HERE*

03-03-2018, 03:09 AM	#25
pimpmaster9000 Too lazy to set a custom title Industry Role: Join Date: Dec 2011 Posts: 26,732	this will do wonders for american exports LOL now that other countries start imposing tariffs on already over priced american goods...people are going to be standing in line to buy american stuff... cutting off cheap raw materials to american producers was a genius move from trumpy bear prepare for MAGA! __________________ Report a suspicious cracker: Click Here

03-03-2018, 03:21 AM	#26
Sarn KeepYourPimpHandStrong Industry Role: Join Date: Sep 2015 Location: Russia Posts: 11,454	I am of course don't know how will be work such protectionism. End consumers on domestic market receive more biggest prices, and not win without competition. Export will be overpriced and not competitive.

03-03-2018, 04:33 AM	#28
directfiesta Too lazy to set a custom title Industry Role: Join Date: Oct 2002 Location: Punta Cana, DR Posts: 29,592	''Notably, while Canada?s top source countries have shifted from year to year, the United States has ranked as Canada?s top import source for steel products for more than 20 years. '' 59% of our steel import ... from the USA ... https://www.trade.gov/steel/countrie...rts-Canada.pdf to your un-hinged retard president ... elected by retards.

03-03-2018, 08:44 AM	#36
Sarn KeepYourPimpHandStrong Industry Role: Join Date: Sep 2015 Location: Russia Posts: 11,454	protectionism = country losing competitive why?