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Location : Ether-Sphere Job/hobbies : Irrationality Exterminator Humor : Über Serious
| Subject: Trump's Derivative Tariffs Continue Faulty Narrative Thu Jan 30, 2020 8:10 pm | |
| The Tariff Man has done it again. President Donald Trump recently announced that he will expand import taxes on American consumers of auto parts, nails and other goods made in the United States with steel and aluminum. Apparently, untaxed imports of these metals put our national security at risk. Under the latest proclamation, some imports of products made with aluminum will be subject to an additional 10% tax, while some steel products will be hit with a 25% one. The decision comes two years after the first round of steel and aluminum tariffs, a little over a month following the United States-Mexico-Canada Agreement’s approval by the U.S. Congress, two weeks after Trump signed a phase one trade deal with China and while the U.S. government is in the middle of some trade negotiations with the Europeans. Thanks to the new trade agreement, Canada and Mexico are exempt from these new levies. Argentina and Australia are exempt from the added aluminum tariffs, while Brazil and South Korea are exempt from the additional steel tariffs. This complexity could make a phase two agreement with China difficult, and it likely won’t help with the Europeans.
https://patriotpost.us/opinion/68232-trumps-derivative-tariffs-continue-faulty-narrative-2020-01-30 _________________ Anarcho-Capitalist, AnCaps Forum, Ancapolis, OZschwitz Contraband “The state calls its own violence law, but that of the individual, crime.”-- Max Stirner "Remember: Evil exists because good men don't kill the government officials committing it." -- Kurt Hofmann |
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