Red Mosquito

4/5 wrote:

Biff Pocoroba wrote:From an AP article:

Early Friday, Trump took to Twitter to defend himself: "When a country (USA) is losing many billions of dollars on trade with virtually every country it does business with, trade wars are good, and easy to win. Example, when we are down $100 billion with a certain country and they get cute, don't trade anymore-we win big. It's easy!"

HE'S RICH SO HE MUST UNDERSTAND ECONOMICS

Stickman wrote:Wonder if he'll admit this was a bad idea a year from now.
Trump steel tariffs: European Union gears up for trade war

McParadigm wrote:

BurtReynolds wrote:

Canada ‘flabbergasted’ by Trump’s tariff proposals

It was unclear which countries would be subject to the steel and aluminum tariffs, but Canada is the largest exporter of those goods to the United States. The foreign minister threatened retaliatory measures if Canada isn’t exempted.

We’re pretty consistently flabbergasted that Canada is at the top of the hit parade of trade villains” in Trump’s eyes, said Douglas Porter, chief economist at the Bank of Montreal.

Monkey_Driven wrote:My dad is about to buy a construction company he's worked at for 35 years. He's freaking out about this steel tariff thing. He's already lost three sales due to the speculative price increases. Shitty deal for everyone involved.

Monkey_Driven wrote:My dad is about to buy a construction company he's worked at for 35 years. He's freaking out about this steel tariff thing. He's already lost three sales due to the speculative price increases. Shitty deal for everyone involved.

Stickman wrote:

Monkey_Driven wrote:My dad is about to buy a construction company he's worked at for 35 years. He's freaking out about this steel tariff thing. He's already lost three sales due to the speculative price increases. Shitty deal for everyone involved.

Cept this guy
Ex-Trump adviser sold $31m in shares days before president announced steel tariffs

Bi_3 wrote:

Stickman wrote:

Monkey_Driven wrote:My dad is about to buy a construction company he's worked at for 35 years. He's freaking out about this steel tariff thing. He's already lost three sales due to the speculative price increases. Shitty deal for everyone involved.

Cept this guy
Ex-Trump adviser sold $31m in shares days before president announced steel tariffs

Ichan is worth like $17B, he had insider info long before Trump

McParadigm wrote:

Bi_3 wrote:

Stickman wrote:

Monkey_Driven wrote:My dad is about to buy a construction company he's worked at for 35 years. He's freaking out about this steel tariff thing. He's already lost three sales due to the speculative price increases. Shitty deal for everyone involved.

Cept this guy
Ex-Trump adviser sold $31m in shares days before president announced steel tariffs

Ichan is worth like $17B, he had insider info long before Trump

He also bought Trump’s crumbling Atlantic City casino and then asked for state funds to pay for its demolishing.

Whether or not he engages in insider trading otherwise is irrelevant to the question of whether or not the president used his position to enrich a friend.