The Art Of The Deal: Trump Delays China Automotive Tariffs For National Security Reasons

The Art Of The Deal: Trump Delays China Automotive Tariffs For National Security Reasons
President Donald Trump on Friday announced a delay in imposing tariffs on imported vehicles and parts from the European Union, Japan and other nations for 180 days to pursue negotiations, avoiding opening another front in his tariff battle with some of America’s key allies.

The Commerce Department submitted its findings in February to the president after conducting a probe into whether car imports pose a national-security threat. Trump had until Saturday to decide how to respond, including whether to impose tariffs or defer any action.


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dlindlin - 5/17/2019 11:22:52 AM
+1 Boost
Someone got his stupid 'China' click



dlindlin - 5/17/2019 11:42:45 AM
+4 Boost
It IS national security!

European have been raping American automotive industry by manipulating their currency with endless QE

I said Tariff!


countguycountguy - 5/17/2019 12:48:41 PM
+3 Boost
lmao, this coming from the dotard that loss 1.7 billion. no wonder it is a total train wreck.


PUGPROUDPUGPROUD - 5/17/2019 1:27:55 PM
+1 Boost
"China is our friend. We are not competing with China."...Comrade Joe Biden



Vette71Vette71 - 5/17/2019 2:31:05 PM
+2 Boost
We are in an economic war with China. When your competitor starts stealing your technology, spying on your companies' to get their intellectual secrets, hacking your government computers that sure looks like they are out to get you. Biden is as naive as our former POTUS. I despise Trump's character, but at least he gets what is going on.


TruthyTruthy - 5/17/2019 5:09:09 PM
+2 Boost
Trump kisses Putin's ass and says "I believe him" when he said Russia did not interfere in our election. Russia has done all the above and more.
China does not act in the same hyper-aggressive manner.
If you forget history, I suggest you read any of Richard Nixon's or Henry Kissinger's books.
China was acting in concert with the US against the USSR.
The way to get a better deal with China by working with all our trading partners to get China to agree to trade rules. Oh wait, the TPP did that before DumbDonnie pulled the US out.


TruthyTruthy - 5/17/2019 5:15:32 PM
+2 Boost
Our former POTUS had just about completed the TPP agreement with all our Pacific trading partners, giving the US significant leverage to set the guidelines, especially regarding IP.
The last thing you want to to go unilaterally.
DumbDonnie did just that.
Our previous POTUS listened to experts on how to deal with China and successfully engaged our allies.
Now they all regard the US as unreliable after years of negotiating the TPP and then quitting at the one yard line. DumbDonnie will never acheive what the TPP did, but he will declare victory and his uneducated base will believe him.


PUGPROUDPUGPROUD - 5/17/2019 7:00:23 PM
+1 Boost
"No one is as blind as the man who will not see."


MDarringerMDarringer - 5/17/2019 7:16:58 PM
+1 Boost
I think the dead ghost of TheSteve has infected Truthy who was doing so well for such a long time only to relapse now.


TruthyTruthy - 5/17/2019 7:21:35 PM
+4 Boost
Trump University. Trump Charity.
Those are the answers. The question is what two fraudulent organizations settled out of court to avoid potential prison time.
Trump used money donated to charity to pay lawyers. Great guy.


qwertyfla1qwertyfla1 - 5/17/2019 8:37:03 PM
0 Boost
Trump should impose tariffs of 100% on ALL Chinese goods until such time as they drop the tariffs imposed on US goods and dramatically reduces the trade deficit and even then it still isn't going to be fair.

China sells us finished goods (high value) like furniture, appliances etc. They in turn only buy raw natural resources (low value) that they can't make themselves but need to make shit to sell us like logs to make wood to make furniture, nickel to make stainless steel to make appliances...

The US is a big enough of a market that they can do this and dictate terms. It would be smarter and more effective to get Canada, Mexico and the EU to join forces and bring China to its knees and they would fold like the paper tiger that they are. Problem is everyone wants Chinas cheap shit but trade with China is only one way and their lies the issue. The TPP was doomed before it started and the predecessor organization are nothing but lightweights with no teeth in a shark den.

The US is indebted to China but China is even more heavily leveraged and the only way to win is economic war and hit them where they hurt and stop the exports through high tariffs until they acquiesce and agree to more fair trade. The longer we let China get away with this bullshit -the more entitled and difficult they become.




TruthyTruthy - 5/18/2019 4:21:50 PM
+2 Boost
That is what the TPP was! It included Mexica, Canada, Japan, Autralua and 7 other countries on the Pacific. They all shared our concern and views on free trade. It was nearly done when DumbDonnie pulled us out, pushing off our friends in this treaty.
Another reason there is a trade deficit is we do not trade high-tech items with China.
And China only holds 9 percent of our debt.
Most Americans don't even know who owns most of our debt.


rlbdckyrlbdcky - 5/18/2019 8:25:18 AM
0 Boost
Trump isn't going to get new auto tariffs on European vehicles PERIOD. When push comes to shove, Republicans won't allow some of their biggest contributors and constituents (the manufacturers, car dealers and well-healed customers) to take that hit. It's fine and dandy to tax the Chinese junk at the Dollar Store, the rube base will take whatever hit Trump throws and say "Daddy, harder!" assuming they even know what hit them. Proof enough of that on this site where Trump-loving, auto enthusiasts are celebrating car tariffs, but the big money Republicans won't take that. Taxes (including tariffs) are for the middle class and poor. Just this week, Trump relented on steel and aluminum tariffs with Mexico and Canada due to pressure from the two countries AND Congress. Congress refused to even consider ratifying NAFTA 1.1 until that happened because of the damage it did to their manufacturing constituents — an agreement BTW that hasn't been ratified yet in any of the signatory countries and isn't substantially different than NAFTA 1.0 to begin with. Tariffs are all Trump theatre for the base and as long as the rubes are paying the bill, Republicans are all for it, but don't ask them to foot the bill.



TruthyTruthy - 5/18/2019 4:09:08 PM
+1 Boost
Qwuertfla1, you miss the point. While the TPP was being negotiated the US was still the largest trading partner for many of the countries involved, giving the US leverage in determining the IP protections and the verifications. Going one on one is just what China wanted. They other countries were left without the most important partner. Trump realized this too late. He asked back in but the other players moved on miffed at the reckless behavior of the tRump administration after 3+ years of negotiations.


TruthyTruthy - 5/18/2019 4:10:55 PM
+1 Boost
The impulsive tariffs will not accomplish what the TPP would have. But tRump's base will not understand this.


qwertyfla1qwertyfla1 - 5/18/2019 5:21:56 PM
0 Boost
TPP was a free trade deal amongst the member nations that didn't include China so how would that resolve tariffs and trade deficits? It wouldn't do jack shit but would have gutted even more US manufacturing jobs to cheaper labor countries like Vietnam just like Mexico did to Canada and the US when NAFTA was created.

What I was proposing was a trade embargo by a coalition of countries to hit China where it hurts them the most -TRADE. Free trade with China as in your stupid TPP arrangement would only further feed the dragon that needs to be bitchslapped and put back into place


TruthyTruthy - 5/18/2019 6:25:36 PM
+2 Boost
The TPP did not include China, but it would have a United front on trade with China with rules that we draft. China wanted nothing more than to stop the TPP, but clueless DD did it for them. Being impulsive and reckless with the attention span of a second grader is hurting our position in the world.


TruthyTruthy - 5/19/2019 8:25:19 PM
+2 Boost
You do not understand trade nor economics, queerty.


qwertyfla1qwertyfla1 - 5/20/2019 8:03:11 AM
0 Boost
Really? I have manufacturing concerns on both continents and take full advantage of it and I stand to loose with these tariffs but I also agree with them as right is right.


TruthyTruthy - 5/20/2019 9:31:29 AM
+2 Boost
I also do business in both countries and realized that the tariffs accomplish nothing on the products I deal with. They are as reckless as the short-sighted con-man who implemented them. You are talking about only your business - a micro level. On a macro-level, the best approach was a united front. But DD has the attention span of a 3 year old. This is well documented as is China's preference for the end of the TPP.


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