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Yo_Mama_Been_Loggin

(108,170 posts)
Mon Jun 25, 2018, 12:48 PM Jun 2018

America's allies are furious about Trump's tariffs, and now an unorthodox idea to go after him

President Donald Trump's headlong push toward a trade war is prompting unprecedented responses from countries around the world and blowback from top US allies.

In the past three months, Trump has hit countries around the world with a 25% tariff on steel and a 10% tariff on aluminum exports to the US. The decision prompted a swift response from US allies, including retaliatory tariffs and a radical departure in treatment from other formerly friendly foreign leaders — from Canadian Prime Minister Justin Trudeau to French President Emmanuel Macron.

But so far these responses have done little to deter Trump from moving forward with his trade agenda, prompting the the consideration of an out-of-the-box response for an out-of-the-box president.

Op-eds in The Houston Chronicle and the Canadian news magazine Maclean's suggested the only way to quell the rising trade tensions is to strike at Trump's businesses. While some countries, such as China, have appeared to try and sway the president through treating his family's businesses more favorably, countries have not made moves to curtail the businesses' activity within their borders.

https://www.msn.com/en-us/money/markets/americas-closest-allies-are-furious-about-trumps-tariffs-and-now-an-unorthodox-idea-to-go-after-him-is-gaining-steam/ar-AAz5ChC?li=BBnb7Kz

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America's allies are furious about Trump's tariffs, and now an unorthodox idea to go after him (Original Post) Yo_Mama_Been_Loggin Jun 2018 OP
Hit their businesses and hit the red districts in concert allies. nt Trek4Truth Jun 2018 #1
Hummmm possible 25% tariff using a tRump hotel over seas?? mitch96 Jun 2018 #2
What if the Pig has sold out the US for his personal business interests... Thomas Hurt Jun 2018 #3
Sanction his businesses specifically YessirAtsaFact Jun 2018 #4
Countries could use federal and state investigations in the US, yortsed snacilbuper Jun 2018 #5
Are they assuming that Putin would allow Trump to back down from the rifts he created with allies? Orsino Jun 2018 #6
are these tariffs meant to make up for the tax cut? mopinko Jun 2018 #7
They're mainly meant to destroy our alliances. lagomorph777 Jun 2018 #8

YessirAtsaFact

(2,064 posts)
4. Sanction his businesses specifically
Mon Jun 25, 2018, 01:27 PM
Jun 2018

A 100% room tax at all trump branded or affiliated hotels would be a nice start.

yortsed snacilbuper

(7,939 posts)
5. Countries could use federal and state investigations in the US,
Mon Jun 25, 2018, 01:32 PM
Jun 2018

as a pretext to launch their own investigations of Trump's businesses. Other countries could slow approvals for trademarks, licenses, and other business deals, he said.

"I think the most effective avenue might be an attempt to restrict or review financing banks from their countries to his companies, ostensibly because some malfeasance was found," Bruen said. "This would certainly be an unconventional path for countries to pursue. Yet, as leaders continue to search for effective deterrents to a trade war, they may end up resorting to these kind of tactics."

Orsino

(37,428 posts)
6. Are they assuming that Putin would allow Trump to back down from the rifts he created with allies?
Mon Jun 25, 2018, 02:01 PM
Jun 2018

Don't they realize how many documents and photos Putin could publish if Donald deviates from the plan?

mopinko

(70,198 posts)
7. are these tariffs meant to make up for the tax cut?
Mon Jun 25, 2018, 04:40 PM
Jun 2018

replacing a progressive income tax w a regressive fixed tax in the form of higher prices for consumers. which, of course, hits the base, but they never connect the dots.

lagomorph777

(30,613 posts)
8. They're mainly meant to destroy our alliances.
Mon Jun 25, 2018, 04:44 PM
Jun 2018

Hurting middle-class and poor people is merely a bonus.

Reducing the deficit is an unintended consequence and will be more than rectified by the economic harm it causes, which in turn will further erode Federal revenue.

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