Trump signs tariffs to end 'assault' on American workers

[Valin]

Washington Examiner

Sarah Westwood

Mar 8, 2018

President Trump signs a proclamation creating steel and aluminum tariffs on Thursday, arguing he is "defending America's national security" by taxing imports of the metals.

"We have to protect and build our steel and aluminum industries," Trump said during a signing ceremony at the White House.

"This is not merely an economic disaster, but it's a security disaster," Trump said. "We want to build our ships, we want to build our planes, we want to build our military equipment with steel, with aluminum, from our country."

(Snip)

 

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Tariff = Tax

[Draggingtree]

15 minutes ago, Valin said:

Washington Examiner

Sarah Westwood

Mar 8, 2018

President Trump signs a proclamation creating steel and aluminum tariffs on Thursday, arguing he is "defending America's national security" by taxing imports of the metals.

"We have to protect and build our steel and aluminum industries," Trump said during a signing ceremony at the White House.

"This is not merely an economic disaster, but it's a security disaster," Trump said. "We want to build our ships, we want to build our planes, we want to build our military equipment with steel, with aluminum, from our country."

(Snip)

 

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Tariff = Tax

We will see

[Draggingtree]

March 8, 2018

Tell the Truth on Tariffs!

By Joe Herring

So much huff and puff surrounds Trump's tariff talk, I thought it time to inject a little perspective into this heated (and often misinformed) debate.

Senator Ben Sasse was on Newsradio 1110 KFAB in Omaha, Nebraska the morning of March 7, issuing declarative statements regarding tariffs in general and Trump's proposals in particular, that aren't quite supported by facts.

While totally free trade is an ideal and a goal, it is impossible to accomplish without becoming wholly interdependent on other nations.  There will always be another country capable of driving your domestic industry into the dirt on some product or another, as no one nation can be the most efficient and best producer of everything that nation requires.

Because some industries cannot be outsourced without risk to national security – even to friendly nations – trade representatives have always balanced imports and exports of these products through the use of taxation (tariffs) to both protect the viability of their domestic industries and to ensure a place for their own exports in the economies of other nations.  

It is duplicitous to argue against tariffs from a free trade standpoint when the very industry you are claiming will be decimated (agriculture) is hip-deep in tariffs of its own, not to mention a host of "internal tariffs" we call subsidies.