Trump opens new fronts in Trade War: Considers ban on foreign auto imports, removes special trade status for India and Turkey.

[CitizenVectron]

https://www.cnn.com/2019/06/01/politics/trump-india-trade-status/index.html

 

Quote

The Trump administration announced Friday that it's ending special trade treatment for India, removing a status that exempts billions of dollars of the country's products from US tariffs.

"I have determined that India has not assured the United States that India will provide equitable and reasonable access to its markets," President Donald Trump said in a proclamation issued by the White House.

As of June 5th, India will be terminated from its designation as a beneficiary developing country. The move adds one more front to Trump's global trade wars. It comes as Trump took new aim at Mexico this week with threatened tariffs if the country does not step up its immigration enforcement actions. The President has also promised new levies on China amid an impasse in negotiations over a renewed trade deal, and is considering a ban on foreign auto imports.

India will be removed from the preferential trade program, known as the Generalized System of Preferences, which gives developing countries easier access to the US market and lowers US duties on their exports. The White House also removed Turkey from the GSP program.

 

The bigger news (ban on foreign auto imports) is buried here, but both items are newsworthy. Can you imagine if Trump unilaterally decided that cars built outside of the US were illegal? I mean, Canada and Mexico make a huge amount of cars that are shipped to the US.

[chakoo]

This shit stain is really going to do a number on this country for years.

 

Seriously can we just get rid of all boomers already?

[Firewithin]

6 minutes ago, chakoo said:

Seriously can we just get rid of all boomers already?

 

ALL BOOMERS

[SuperSpreader]

8 minutes ago, chakoo said:

This shit stain is really going to do a number on this country for years.

 

Seriously can we just get rid of all boomers already?

Your wish is my command

[CitizenVectron]

"Under my admission - the best by the way, we're doing great work. But you won't hear anybody say it. We are going to cut off Opium from the Orient. It's a big problem. Big deal. They don't like when I say it. No, they don't, I'm serious. But they, the opium, also the spices. The spices. Unbelievable. You won't believe the spices that they bring back. You could swim in them. But the opium dens are a big problem. Nobody's saying it, but it's true. And we're going to finish it."

 

 

[SuperSpreader]

Finally we're putting a stop to all that indigestion!

[Jason]

 

[silentbob]

 

 

Scary how accurate they were

[b_m_b_m_b_m]

7 minutes ago, silentbob said:

 

 

Scary how accurate they were

Not even close. There's no way this administration would invest in children

[marioandsonic]

33 minutes ago, silentbob said:

 

 

Scary how accurate they were

They tried to warn us.  We didn't listen.

[Commissar SFLUFAN]

CNN can't even summarize the links to their own articles right.

 

It's not a "ban" on auto imports - it's a 25% tariff on them.

[CitizenVectron]

6 minutes ago, SFLUFAN said:

CNN can't even summarize the links to their own articles right.

 

It's not a "ban" on auto imports - it's a 25% tariff on them.

 

That's not nearly as bad...though still horrible.

[Spork3245]

8 minutes ago, SFLUFAN said:

it's a 25% tariff on them.

 

 JFC

[TwinIon]

A 25% tariff is insane, but it makes more sense than a ban.

[Bloodporne]

2 hours ago, SFLUFAN said:

CNN can't even summarize the links to their own articles right.

 

It's not a "ban" on auto imports - it's a 25% tariff on them.

Does that still call for the murder of all boomers or...no...? Someone update me on that front. I'm asking the tough question tonight, folks.

 

Even for Donald Trump, this sounded much too outlandish and absurd. 

 

 

[Firewithin]

32 minutes ago, Bloodporne said:

Does that still call for the murder of all boomers or...no...? Someone update me on that front. I'm asking the tough question tonight, folks.

 

Even for Donald Trump, this sounded much too outlandish and absurd. 

 

 

Boomers need the  no matter what

[Zaku3]

5 hours ago, CitizenVectron said:

"Under my admission - the best by the way, we're doing great work. But you won't hear anybody say it. We are going to cut off Opium from the Orient. It's a big problem. Big deal. They don't like when I say it. No, they don't, I'm serious. But they, the opium, also the spices. The spices. Unbelievable. You won't believe the spices that they bring back. You could swim in them. But the opium dens are a big problem. Nobody's saying it, but it's true. And we're going to finish it."

 

 

 

Did I step into a time warp and travel back to the Opium Wars?

[Bloodporne]

3 minutes ago, Firewithin said:

Boomers need the  no matter what

Give it another decade + and voila, no guillotine needed. 

[chakoo]

16 hours ago, Bloodporne said:

Give it another decade + and voila, no guillotine needed. 

We won't be living that much longer after them because of their mistakes.

 

https://www.vice.com/en_us/article/597kpd/new-report-suggests-high-likelihood-of-human-civilization-coming-to-an-end-in-2050?utm_source=vicetwitterus

 

"A harrowing scenario analysis of how human civilization might collapse in coming decades due to climate change has been endorsed by a former Australian defense chief and senior royal navy commander.

 

The analysis, published by the Breakthrough National Centre for Climate Restoration, a think-tank in Melbourne, Australia, describes climate change as “a near- to mid-term existential threat to human civilization” and sets out a plausible scenario of where business-as-usual could lead over the next 30 years."

 

 

Yes I know it's a bit of an alarmist report that is most likely embellishing the severity. Still doesn't help that we have a demographic that is firmly in the "f*k you, got mine, don't care what happens after I die" attitude.

[Bloodporne]

29 minutes ago, chakoo said:

We won't be living that much longer after them because of their mistakes.

 

https://www.vice.com/en_us/article/597kpd/new-report-suggests-high-likelihood-of-human-civilization-coming-to-an-end-in-2050?utm_source=vicetwitterus

 

"A harrowing scenario analysis of how human civilization might collapse in coming decades due to climate change has been endorsed by a former Australian defense chief and senior royal navy commander.

 

The analysis, published by the Breakthrough National Centre for Climate Restoration, a think-tank in Melbourne, Australia, describes climate change as “a near- to mid-term existential threat to human civilization” and sets out a plausible scenario of where business-as-usual could lead over the next 30 years."

 

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Yes I know it's a bit of an alarmist report that is most likely embellishing the severity. Still doesn't help that we have a demographic that is firmly in the "f*k you, got mine, don't care what happens after I die" attitude.

Alright, let's go with death camps then instead of natural causes.

 

[TwinIon]

Apparently the GOP is considering a vote to prevent the tariffs on Mexico. Doing so would require Congress override the southern border national emergency declaration. That would effectively remove the wall funding that Trump secured. 

 

I have a very hard time imagining the GOP actually getting the votes together to stop this. It's too direct a challenge to Trump, and with wall funding on the line as well, I can't imagine reaching the critical mass necessary to override the President.

[Snaynay1]

I am all for free trade and no tariffs, but doesn't India charge something like a 75% tariff on American autos going there?

[Dodger]

Good thing my last two Honda’s were built in Ohio

[SuperSpreader]

13 minutes ago, Dodger said:

Good thing my last two Honda’s were built in Ohio

Are all the bolts, screws, mirrors, etc