Washington Post Goes TDS Over Trump’s “New Economy Behind Wall Of Tariffs”

The front webpage headline adds “What if” to the beginning and a question mark to the end of the below headline as read in the single page. Because what looks to be straight opinion is now how the WP writes news

Trump is serious about building a new economy behind a wall of tariffs

President Donald Trump faces a major obstacle in trying to transform the U.S. economy into a self-reliant colossus: himself.

The Credentialed Media just can’t help themselves. Anyways

Building the factories to realize the president’s promised high-tariff “Golden Age” and finding the workers to operate them will not be easy. But Trump’s use of unilateral presidential authority, rather than congressional legislation, to enact new import taxes, his contradictory policies, and his history of changing course may discourage business executives from even starting.

Since his April 2 high-tariff announcement, Trump and his senior advisers have given conflicting signals about whether he intends to use the tariff threat as leverage to win concessions from U.S. trading partners or levy permanent import taxes of up to 50 percent on some countries (and even higher in the case of China).

That’s kind of the point: wanting other governments to be unsure

“They can both be true. There can be permanent tariffs and there can also be negotiations,” the president said on Monday as he welcomed Israeli Prime Minister Benjamin Netanyahu to the White House.

And it is a long, long, long screed saying “the US cannot do this! We cannot have tariffs! We cannot have manufacturing in the U.S.!” It’s almost like the Washington Post is rooting against the U.S. But, let’s see. The WP forgot to mention a few things

Seems good

Even if the president agrees to lower or waive the highest tariffs that he has announced for individual countries, the across-the-board 10 percentage point increase in tariff rates that he implemented on April 5 lifted the U.S. average to its highest mark since at least the 1940s. Many analysts believe that new tax will be permanent. (snip)

Some products — such as coffee or bananas — cannot be produced in the continental United States, even if protected by tariffs. So Americans will pay higher prices to import them. Other goods could be produced in the U.S., but will also cost more since American wages are significantly higher than in other countries such as China or Mexico, said Furman.

The easiest answer is that the other countries remove their tariffs.

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6 Responses to “Washington Post Goes TDS Over Trump’s “New Economy Behind Wall Of Tariffs””

  1. Elwood P. Dowd says:

    #47 says NO NEGOTIATIONS!! #47 also crows about NEGOTIATIONS!!

    Remember, #47 is motivated by his pathological ego. Attention keeps him alive!!

    New tariffs tomorrow at midnight!!

    fElon Musk reportedly reached out to #47 directly to stop the crazy!

    The STOOPID is great in #47.

  2. Elwood P. Dowd says:

    The Democrats (and their party) are pussies. They’re afraid to tell the American people that 47 is destroying the economy! Wyy? They’re terrifed that 47 will change course, lie about it, and take credit for only harming America rather than destroying it.

    Democratic fecklessness enabled the dishonest and harmful invasion of Iraq but the then Republicun administration.

    The Big Pussies need to take a stand at some time.

  3. JG says:

    I am an Electrical Engineer but learned economics from my MBA and Management. I was born in the late 50s in California. I am retired now, but I saw my Dad work for Ball Glass at their plan in El Monte, CA until he retired as a Manager.

    Ball later closed the plant and moved out of the country to sell back to the USA. This happened to many industries across the spectrum from clothes, furniture, autos, ships, Big Pharma, metals, wood, agriculture, and other products.

    The USA started “Free Trade” that ended all tariffs on imports. The only problem was all other countries have tariffs and VATs on the USA products. This includes Mexico and Canada even with NAFTA.

    Trump’s tariff plan is to force industry back into the USA. It was clear with COVID that we had the virus made in China yet all Big Pharma came from China so that was a big national security risk. Countries are going to have to lower tariffs and VATs on USA products or the tariffs will rise on the products inbound to the USA. The stock market is feeling it as industries are global and most of the stocks are own by the rich.

  4. Doom and Gloom says:

    The fact that 70 of the world’s most important countries have already reached out to Trump for a deal has alleviated much of Wall Street’s angst.

    Remember, the 1929 great depression was CAUSED by WAIL STREET.

    The 2008 CRASH…aka the Great Recession was caused by WAIL STREET.

    GREED FUELS THEM because there is no wealth in the USA other than what WAIL STREET ALLOWS the people to have. 90 percent of the wealth is owned by 10 percent of the USA people. The other 90 percent of commoners don’t seem affected by our 401k’s rises and falls. 90 percent of us never see those 401ks because we get fired, quit, move, die or whatever.

    In 1988, Trump appeared on Oprah Winfrey to discuss tariffs, which would benefit the USA but were also hurting it because, as he said, there are countries getting rich off the USA while the USA cannot even sell in JAPAN, KOREA or CHINA.

    In 1996 C-span showed Nancy Pelosi with a great chart complaining about how CHINA was RAPING THE USA with high tariffs and we were giving CHINA 10 million jobs while China was giving the USA 170k jobs. That was when Nancy still believed in the working man. Today she is a free Trader because the WEF now is trying to run the world through pure greed.

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