Miscalculations a-la Trumpe
2/7/18 15:52![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
fridi posting in ![[community profile]](https://www.dreamwidth.org/img/silk/identity/community.png){kind=small}
talkpoliticsActually Harley Davidson only plays a minor role in the Trump-initiated trade war. The motorbike producer is too small to make a real impact on the US labor market and trade balance.
But the fact that this particular company, which (like just a few others) symbolizes the American ideal for freedom, has decided to outsource part of its production overseas as a direct consequence of the EU counter-measures to Trump's punitive tariffs, is a painful political defeat for the Tweeter-in-Chief.
This is another example of Trump's calculations going wrong: instead of creating, he's actually shutting down jobs in the US. It's no surprise that he's been vomiting spittle for days now on Twitter.
In fact, this isn't the first time that his trade policies have achieved the exact opposite result of what he had planned, hopes and promised for. Recently, China intentionally imposed heavy tariffs on farming production from the US Midwest, exactly because that's where Trump draws the bulk of his base from.
Turns out, trade wars don't tend to be won as easily as anticipated. Particularly if you start waving your dick against virtually EVERYONE.
The times when America used to call all the shots single-handedly in global trade and world politics, are gone. Face it.
But the fact that this particular company, which (like just a few others) symbolizes the American ideal for freedom, has decided to outsource part of its production overseas as a direct consequence of the EU counter-measures to Trump's punitive tariffs, is a painful political defeat for the Tweeter-in-Chief.
This is another example of Trump's calculations going wrong: instead of creating, he's actually shutting down jobs in the US. It's no surprise that he's been vomiting spittle for days now on Twitter.
In fact, this isn't the first time that his trade policies have achieved the exact opposite result of what he had planned, hopes and promised for. Recently, China intentionally imposed heavy tariffs on farming production from the US Midwest, exactly because that's where Trump draws the bulk of his base from.
Turns out, trade wars don't tend to be won as easily as anticipated. Particularly if you start waving your dick against virtually EVERYONE.
The times when America used to call all the shots single-handedly in global trade and world politics, are gone. Face it.
(no subject)
Date: 2/7/18 18:09 (UTC)http://www.businessinsider.com/how-europe-could-win-a-trade-war-against-the-us-2018-7
Put your torch where your money is!
Date: 2/7/18 18:14 (UTC)