I mean, it dropped a dollar.
The president can now bully businesses into doing whatever the fuck he feels like or sanction them?
What was the word for this again?
I thought he wanted the government to get out of the way of business.
Which is it.
I get that these are global manufacturers, NAFTA stands in the way of automobile import tariffs and increasing protectionism the world over will lead to untended negative consequences, but at the same time, the relentless free-trade, offshoring and shedding of industry cannot continue unchecked in the West since it's clearly not benefiting its citizens enough.
Maybe Im just too much of an idiot to see why this is a problem, but what I do know is that after Brexit and Trump, the ripostes to this type of populism have not been anywhere near convincing enough.
I wish Twitter would ban Trump's account. Dude is toxic as hell.
Can someone honestly explain why they're upset with Trump's threats to increase tariffs on automobile imports and why this is a bad idea for Americans?
During the whole Brexit debate, there was (and still is) a lot of focus on how the EU deals with vehicle manufacturers. Manufacturers face heavy import duties for vehicles imported into the trading bloc, and so if manufacturers want tariff-free access to the massive European market, they're heavily incentivised to base their plants within the EU. It's essentially a massive protectionist measure to secure jobs and to sure up the German and wider EU automobile-manufacturing industry. I don't even necessarily have any problems with this, that's the whole point of the EU, right? To group together to increase their collective strength for the benefit of their citizens and member states. The same thing happens with agriculture and virtually every other industry you can think of in the EU.
The US is a tighter-knit collection of states than EU, with a similar GDP, so it has every right to protect its citizens jobs, industry and interests in such ways. It's literally the exact same thing the EU does.
So when Trump makes these kind of tweets, and says that if manufacturers and corporations want unfettered access to the massive American market, they need to base themselves and a large part of their work in the USA, why do you (particularly the Americans in this thread) have such a problem with this? Do you have a fundamental problem with this kind of policy or it it just a knee-jerk reaction against Trump's more "colourful" moments?
I get that these are global manufacturers, NAFTA stands in the way of automobile import tariffs and increasing protectionism the world over will lead to untended negative consequences, but at the same time, the relentless free-trade, offshoring and shedding of industry cannot continue unchecked in the West since it's clearly not benefiting its citizens enough.
Maybe Im just too much of an idiot to see why this is a problem, but what I do know is that after Brexit and Trump, the ripostes to this type of populism have not been anywhere near convincing enough.
Good question
When EU makes moves to protect themselves it seems everyone's ok with it.
Can someone honestly explain why they're upset with Trump's threats to increase tariffs on automobile imports and why this is a bad idea for Americans?
During the whole Brexit debate, there was (and still is) a lot of focus on how the EU deals with vehicle manufacturers. Manufacturers face heavy import duties for vehicles imported into the trading bloc, and so if manufacturers want tariff-free access to the massive European market, they're heavily incentivised to base their plants within the EU. It's essentially a massive protectionist measure to secure jobs and to sure up the German and wider EU automobile-manufacturing industry. I don't even necessarily have any problems with this, that's the whole point of the EU, right? To group together to increase their collective strength for the benefit of their citizens and member states. The same thing happens with agriculture and virtually every other industry you can think of in the EU.
The US is a tighter-knit collection of states than EU, with a similar GDP, so it has every right to protect its citizens jobs, industry and interests in such ways. It's literally the exact same thing the EU does.
So when Trump makes these kind of tweets, and says that if manufacturers and corporations want unfettered access to the massive American market, they need to base themselves and a large part of their work in the USA, why do you (particularly the Americans in this thread) have such a problem with this? Do you have a fundamental problem with this kind of policy or it it just a knee-jerk reaction against Trump's more "colourful" moments?
I get that these are global manufacturers, NAFTA stands in the way of automobile import tariffs and increasing protectionism the world over will lead to untended negative consequences, but at the same time, the relentless free-trade, offshoring and shedding of industry cannot continue unchecked in the West since it's clearly not benefiting its citizens enough.
Maybe Im just too much of an idiot to see why this is a problem, but what I do know is that after Brexit and Trump, the ripostes to this type of populism have not been anywhere near convincing enough.
Toyota already replied, and I hope it's not the Ford situation all over again (though I'm happy for their aim at automating jobs).
After he blasted Ford Motor Co. on Twitter this week, the company decided against building a plant in Mexico and instead said it would invest more in a Michigan plant.
Source?
It is racist for an American president to want to keep jobs in his country instead of a foreign one? What kind of logic is that?
Paywall source at the moment http://www.reforma.com/aplicacioneslibre/preacceso/articulo/default.aspx?id=1017607
There's also this: https://twitter.com/Toyota/status/817099931894841348
I thought Toyota was building a new plant in Mexico not moving one from the U.S. What jobs is he keeping here that weren't here to begin with???
I thought Toyota was building a new plant in Mexico not moving one from the U.S. What jobs is he keeping here that weren't here to begin with???
SO basically he's saying that if someone wants to sell something in America it has to be made in America or it gets taxed to hell and back. Good idea Donald. Way to sabotage your own economic growth.
For a business man he's fucking clueless.
People that get angry at companies moving jobs to different countries are so single-minded. It's like they think America deserves of the jobs. How dare those foreigners be given the opportunity to earn a living.
Americans want jobs in America news at 11.
You'll notice people in Mexico want jobs in *gasp* Mexico. China wants jobs in China. Canada wants jobs in Canada. Britan wants jobs in Britan.
Incoming US president is trying to look out for more jobs in the US vs incoming US president looking out for Mexican jobs in Mexico?
The ones going to Mexico, clearly.
As for the EU comparison, NAFTA is a designed to do this - auto manufacturers are free to build plants in low-wage countries in the EU as well to cut costs. This is no different to Toyota building a plant in Mexico to save costs. Both are FTAs
The ones going to Mexico, clearly.
As for the EU comparison, NAFTA is a designed to do this - auto manufacturers are free to build plants in low-wage countries in the EU as well to cut costs. This is no different to Toyota building a plant in Mexico to save costs. Both are FTAs
This is really not being said enough. Trump can basically manipulate the stock market at this point and nobody fucking cares.
Of course NAFTA was designed for this.
Trump all along has campaigned against NAFTA. Hell Bernie Sanders campaigned against this too.
The argument we need to be having is should NAFTA still be a thing? If so why or why not with some hard numbers.
On the surface incoming President of the USA tying to get jobs in the USA feels like news at 11 vs having the harder conversation we need to be having here.
That's a 10-year-old's thinking way of putting it.
I want the president to care about jobs in the US, about the wellness of the world, and to think about more than just the immediate thing in their face.
Like for example, the impact on prices.
Trump's whole campaign has been China looks after China. Mexico looks after Mexico. Yet the US is supposed to look out for everyone.
This is literally his rationale that he went all throughout the rust belt with that helped win him some key states.
I'm sorry, did I not make it clear?
Trump's whole campaign ALSO followed the thinking and logical capacity of a 10-year-old.
I wonder if people who celebrated this will regret doing so when they realize it will just make things cost more for them, Just like cheering for Trump when he promised to fuck up Obamacare then regret it later on.
He keeps on protecting the image of fighting for the little guy with these tweets. This will only reinforce his support in the formerly blue firewall. Democrats need to counter with their own PR if they don't want to lose again. Underestimate Trump's marketing prowess at your own peril, fellow liberals.
Or we can keep making jokes about how stupid he obviously must be lolol.
Do you say the same thing to anti Walmart people too?I wonder if people who celebrated this will regret doing so when they realize it will just make things cost more for them, Just like cheering for Trump when he promised to fuck up Obamacare then regret it later on.
Do you say the same thing to anti Walmart people too?
No you didn't?
I'm not sold either way personally as I haven't exhaustively looked through the numbers both globally and individually both for NAFTA and the EU.
That being said nobody in here has actually tried to make a compelling argument with figures from say the CBO on if NAFTA is a net gain or a net loss and for whom with facts and figures.
For the record this isn't a straight liberal conservative divide either as Republicans in their big field as well as Bernie and Hillary had different views on the subject.
Some of you people have a serious historical lack of perspective. Stop undercutting the argument against Trump by jumping to childish hyperbole.Dictator? Has American ever had one of those? I can't think of any. No one has been this bad as Trump is being.