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We are now in a trade war


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Ethanol is a terrible gasoline replacement whether it's sugar or corn. A car running E85 (via a tune if the engine is E85 ready, which is typically 85% ethanol and 15% gasoline) will get ~70-80% of the mpg of gasoline... and it costs more per gallon (without subsidies). Electric vehicles are certainly the future and where money should be invested.

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39 minutes ago, Spork3245 said:

Ethanol is a terrible gasoline replacement whether it's sugar or corn. A car running E85 (via a tune if the engine is E85 ready, which is typically 85% ethanol and 15% gasoline) will get ~70-80% of the mpg of gasoline... and it costs more per gallon (without subsidies). Electric vehicles are certainly the future and where money should be invested.

 

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So...

 

https://www.cnbc.com/2018/07/10/white-house-releases-list-of-goods-hit-by-200-billion-in-tariffs.html

 

Quote

The Trump administration on Tuesday announced a list of tariffs on $200 billion in Chinese goods, making good on the president’s recent threats to escalate a broadening trade war with Beijing.

 

The tariffs will undergo a two-month review process, with hearings Aug. 20-23.

 

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12 minutes ago, PaladinSolo said:

"Took Trump to task on trade." is a bit strong for whats basically a stern letter, lol.

 

They took him to task...with a toothless resolution, while he's out of the country yelling at our NATO allies.

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8 minutes ago, CitizenVectron said:

 

Did you ever think he's canceling the helicopter order so his broke ass can pay for the wall?  This was Trump's plan all along. 

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Hatch sent a letter to the WH saying if it doesn't back off the tariffs hes going to begin to work on legislation to stop them. 

 

 

 

“As you are aware, members of the Senate are increasingly considering legislation to reduce trade authorities that Congress has delegated to the President,” the Utah Republican wrote in a letter obtained by The Wall Street Journal. “I am sympathetic to those efforts. If the administration continues forward with its overreliance on tariffs, I will work to advance legislation to curtail Presidential trade authority.”

The letter, sent to the White House earlier this week, is notable because Mr. Hatch has been one of Mr. Trump’s most steadfast allies. He ushered through the Senate Mr. Trump’s signature legislative achievement—a $1.5 trillion, 10-year tax cut—and as a former Judiciary Committee chairman is now working to boost support for Supreme Court nominee Brett Kavanaugh.

 

“I strongly urge you to reconsider the reckless guidance you have received on trade policy from some of your advisors.”

And he urged Mr. Trump to redirect his energies toward “open discussions with China on improving protection for American intellectual property, ending the forced transfer of American technology and trade secrets, and increasing market access for American businesses.”

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On 7/20/2018 at 4:59 PM, PaladinSolo said:

Hatch sent a letter to the WH saying if it doesn't back off the tariffs hes going to begin to work on legislation to stop them. 

 

 

 

“As you are aware, members of the Senate are increasingly considering legislation to reduce trade authorities that Congress has delegated to the President,” the Utah Republican wrote in a letter obtained by The Wall Street Journal. “I am sympathetic to those efforts. If the administration continues forward with its overreliance on tariffs, I will work to advance legislation to curtail Presidential trade authority.”

The letter, sent to the White House earlier this week, is notable because Mr. Hatch has been one of Mr. Trump’s most steadfast allies. He ushered through the Senate Mr. Trump’s signature legislative achievement—a $1.5 trillion, 10-year tax cut—and as a former Judiciary Committee chairman is now working to boost support for Supreme Court nominee Brett Kavanaugh.

 

“I strongly urge you to reconsider the reckless guidance you have received on trade policy from some of your advisors.”

And he urged Mr. Trump to redirect his energies toward “open discussions with China on improving protection for American intellectual property, ending the forced transfer of American technology and trade secrets, and increasing market access for American businesses.”

 

 

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