Trump doubles metal tariffs on Turkey as lira falls by 20%

[White_Unifier]

https://www.bbc.com/news/world-us-canada-45123607

Trump tweeted:

'I have just authorized a doubling of Tariffs on Steel and Aluminum with respect to Turkey as their currency, the Turkish Lira, slides rapidly downward against our very strong Dollar! Aluminum will now be 20% and Steel 50%. Our relations with Turkey are not good at this time!'

Does he not understand that by raising tariffs against the world, the US is in fact contributing directly to raising the value of the US dollar relative to other currencies? When that happens, will he just raise tariffs even more to compensate like a dog chasing its tail until no one will be able to afford US products in the end as the US dollar just keeps rising?

 

[MHz]

If you give away the ending he might try and prevent that from happening. The world is hoping that is just what happens, who are we to stand in the way of destiny? Guards, remove this, this 'busybody'.

 

[EagleSmack]

https://www.bbc.com/news/world-us-canada-45123607

Trump tweeted:

'I have just authorized a doubling of Tariffs on Steel and Aluminum with respect to Turkey as their currency, the Turkish Lira, slides rapidly downward against our very strong Dollar! Aluminum will now be 20% and Steel 50%. Our relations with Turkey are not good at this time!'

Does he not understand that by raising tariffs against the world, the US is in fact contributing directly to raising the value of the US dollar relative to other currencies? When that happens, will he just raise tariffs even more to compensate like a dog chasing its tail until no one will be able to afford US products in the end as the US dollar just keeps rising?

Make Trade Unfair Again!


The Democrats should run on that.

 

[Bar Sinister]

Right, because Turkey is a major exporter of steel and aluminum. I expect he'll slap a similar tariff on Zimbabwe next.

 

[petros]

Gaviscon

 

[Curious Cdn]

America likes being all alone. Who needs friends and allies? The Russians will be delighted when Turkey ceases to be a NATO ally. Turkey is the kingpin of the region and they completely control navigation in the Black Sea.

Trump, always the master strategist, wants Ma & Pa Kettle in Pennsyltuckey's undying support in exchange for giving up Eurasia.

 

[White_Unifier]

America likes being all alone. Who needs friends and allies? The Russians will be delighted when Turkey ceases to be a NATO ally. Turkey is the kingpin of the region and they completely control navigation in the Black Sea.

Trump, always the master strategist, wants Ma & Pa Kettle in Pennsyltuckey's undying support in exchange for giving up Eurasia.

Meanwhile, worried about the US dollar's excessive comparative strength on the world market, Trump raised tariffs against the US' trading partners so as to further raise the value of the US dollar relative to other states' currencies and so further price US businesses out of world markets. Does Trump not understand basic economics?

 

[petros]

Has Turkey done any nasty shit to innocents lately?

 

[Curious Cdn]

Has Turkey done any nasty shit to innocents lately?

You mean like, interning children in camps?

 

[petros]

More like blowing kids to bits.

 

[Curious Cdn]

Meanwhile, worried about the US dollar's excessive comparative strength on the world market, Trump raised tariffs against the US' trading partners so as to further raise the value of the US dollar relative to other states' currencies and so further price US businesses out of world markets. Does Trump not understand basic economics?

Actually, the muscular US dollar acounts for many of their trade woes that they blame on everyone else.

 

[petros]

Afrin

 

[Curious Cdn]

Afrin

Is that how you start every morning?

 

[Danbones]

Hmmm...a Turkey, eh?

Actually, the muscular US dollar acounts for many of their trade woes that they blame on everyone else.

Hoid your enemas closer den you friends...

 

[EagleSmack]

America likes being all alone. Who needs friends and allies? The Russians will be delighted when Turkey ceases to be a NATO ally. Turkey is the kingpin of the region and they completely control navigation in the Black Sea.

Trump, always the master strategist, wants Ma & Pa Kettle in Pennsyltuckey's undying support in exchange for giving up Eurasia.

‘We don’t have a single friend’: Canada’s Saudi spat reveals country is alone


http://www.theguardian.com/world/2018/aug/11/canada-saudi-arabia-support-us




*snicker*

 

[petros]

Is that how you start every morning?

I start my morning killing and exiling Kurdish children?

 

[pgs]

‘We don’t have a single friend’: Canada’s Saudi spat reveals country is alone


http://www.theguardian.com/world/2018/aug/11/canada-saudi-arabia-support-us




*snicker*

But Canada’s back . Or is that at the back ?

 

[petros]

Nobody got our back but whose got our belly?

 

[coldstream]

Turkey's President, Tayyip Erdoğan, wanted to trade the Evangelical Pastor, Andrew Brunson, held on trumped up charges of collusion, for Fethullah Gulen, the Islamic scholar living as a refugee in the U.S., whom Erdogan has devised as the mastermind of the coup that attempted to overthrow him last year. Erdogan is a paranoid psychotic who has imprisoned 10's of thousands of journalists, school teachers, professionals and bureaucrats in a mad search to root out conspirators against him. Good for Trump for not gesticulating before this NATO 'ally' and nut case. He gave him fair warning.

 

[White_Unifier]

Actually, the muscular US dollar acounts for many of their trade woes that they blame on everyone else.

And raising tariffs on foreign imports to the US will only further raise the relative value of the US dollar. Does Trump not understand basic economics?