Cypress (01-23-2018), ThatOwlWoman (01-23-2018)
Members banned from this thread: evince, canceled.2021.3 and Русский агент |
“What greater gift than the love of a cat.”
― Charles Dickens
Cypress (01-23-2018), ThatOwlWoman (01-23-2018)
"I mean, you got the first mainstream African-American who is articulate and bright and clean and a nice-looking guy. I mean, that's a storybook, man."
— Joe Biden on Obama.
Socialism is just the modern word for monarchy.
D.C. has become a Guild System with an hierarchy and line of accession much like the Royal Court or priestly classes.
Private citizens are perfectly able of doing a better job without "apprenticing".
dukkha (01-23-2018)
Solyndra IS the definition of "robber baron".
Lefty corporate cronyism
"I mean, you got the first mainstream African-American who is articulate and bright and clean and a nice-looking guy. I mean, that's a storybook, man."
— Joe Biden on Obama.
Socialism is just the modern word for monarchy.
D.C. has become a Guild System with an hierarchy and line of accession much like the Royal Court or priestly classes.
Private citizens are perfectly able of doing a better job without "apprenticing".
the OP:
Trump acted after the government's International Trade Commission "found that U.S. producers had been seriously injured by imports," said U.S. Trade Representative Robert Lighthizer.the case for tariffs was filed at the International Trade Commission by two American firms that say their businesses have been crushed by cheap imports from Asia and Europe, which by now account for more than 90% of the solar panels installed in the U.S.
The trade commission voted last month 4-0 in favor of imposing tariffs. It said the action was needed to confront the near-extinction of an American industry.so this isn't some rash Trump action. It came to him thru regular process..sought relief through the filing of what is known as a "section 201" case.
That provision of the nation's trade law allows the president to broadly impose tariffs if the trade commission finds the move is needed to protect an American industry from economic peril.
Clearly I'm not very smart because I don't know what his hat has to do with a trade war or how he's supposed to help three companies which is going to ultimately cost thousands of jobs and raise prices. Bad bad economics. But it's what he's said he would do from day one.
Section 201, as referred to in shorthand, is a section of the Trade Act of 1974 (P.L. 93-618) that permits the President to grant temporary import relief, by raising import duties or imposing nontariff barriers on goods entering the United States that injure or threaten to injure domestic industries producing like goods.
https://en.wikipedia.org/wiki/Section_201
It's not going to cost thousands of jobs.. it's temporary injunctive relief ( or administrative relief) designed to give US industry a chance to compete.
For myself I would restrict it to evidence of dumping, but this is something allowed by GATT.
1. if it helps US business elected adjust and become more competitive, it's a good policy.
2. if it doesn't -it isn't
But it's not this cataclysmic event you are making it out to be. It's normal.
It's not normal and an event like this doesn't affect just one business. Read the OP again and the handful of other articles that have been written throughout the day. They all speak to what the overall consequences will be. A decision like this doesn't just happen in a vacuum. Other companies and countries will respond in kind.
Tariffs are losers for all but a select few.
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