Trump Tweets FAR MORE Than China

May 10, 2019 12:00 pm EDT Tiff Trump Tweets (Open Thread) Comments Off on Trump Tweets FAR MORE Than China
Trump Tweets Logo. Image by Lenny Ghoul.

It’s Friday.

President Trump has tweeted 25 times, only to delete 11 tweets, giving him a total of 14 tweets so far.

1. NO MORE!

2. Plugs Fox & Friends.

3. as Tariffs are NOW being paid to the United States by China of 25% on 250 Billion Dollars worth of goods & products. These massive payments go directly to the Treasury of the U.S….

4. The process has begun to place additional Tariffs at 25% on the remaining 325 Billion Dollars.

5. [If we buy more from our farmers] in larger amounts than China ever did, and ship it to poor & starving countries in the form of humanitarian assistance.

6. Tariffs will bring in FAR MORE wealth to our Country than even a phenomenal deal of the traditional kind…Waivers on some products will be granted, or go to new source!

7. Tariffs will make our Country MUCH STRONGER, not weaker. Just sit back and watch!

8. 466%. Wow!

9. we would have more than 85 Billion Dollars left over for new Infrastructure, Healthcare, or anything else. China would greatly slow down, and we would automatically speed up!

10. NO TARIFFS!

11. Your all time favorite President…

12. We have a great chance to “really rock!”

13. SleepyCreepy Joe over Crazy Bernie. [@ #BeBest]

14. Quotes Carly Fiorina.

The Washington Post reports that “White House officials accused China of reneging on prior details of the talks earlier this week, something Trump’s chief trade negotiator Robert E. Lighthizer told reporters was “unacceptable.” Chinese officials have denied backing away from any commitments.”

They go on to explain that the “The new tariffs largely impact business equipment but will also affect $40 billion in consumer products like air conditioners, furniture, certain clothing and spark plugs.”

The article notes that business groups and trade experts have said that, “Trump routinely misstates how tariffs work. Tariffs are taxes paid by U.S. companies that bring in products from overseas. So those costs are borne by companies like manufacturing firms, chemical producers and others that rely on Chinese products. This drives up the cost of Chinese products, which Trump has said will help U.S. competitors, but it also pushes up the cost for U.S. companies that use Chinese products as well.”

The New York Times reports that in light of President Trump’s renewed threats of issuing higher more costly tariffs that “The Chinese government issued a muted response on Friday after President Trump raised tariffs on $200 billion worth of Chinese goods. ”

Jim Tankersley with the New York Times reported that consumers can expect “higher prices in their favorite grocery stores, hardware shops, and box-retailers.”

He writes, “The official $200 billion tariff list starts with “frozen retail cuts of meat of swine” and ends with “monopods, bipods, tripods and similar articles of aluminum.” In between are 194 pages of products that you can find on store shelves across the country.”

He goes on to explain that “Economists and business owners expect the tariff increases to hit consumers in two ways.”

  • Stores that were already passing on the cost of the 10 percent tariffs will now pass on a higher cost.
  • And businesses large and small that previously tried to shield customers from the smaller tariffs will now find it almost impossible to avoid passing some or all of that tax on to Americans who buy their products.

David French The National Retail Federations Senior Vice President warned this week that “consumers would bear the costs of an abrupt increase in the taxes on goods.”

A sudden tariff increase with less than a week’s notice would severely disrupt U.S. businesses, especially small companies that have limited resources to mitigate the impact. If the administration follows through on this threat, American consumers will face higher prices and U.S. jobs will be lost

David French via The New York Times

As the article notes, some “items are being hit twice by Mr. Trump’s tariffs — those made out of imported steel, which he hit with a 25 percent tariff last year, and aluminum, which he hit with a 10 percent tariff. The auto parts on the list could be subject to double tariffs of their own if Mr. Trump follows through with a longstanding threat to impose new tariffs on imported cars and trucks — and their parts — this year.”

Lost in the easy to win trade war with China, on Wednesday CBS News reported that “Fresh tomatoes may soon be in short supply, and those still available are going to cost significantly more, as the Trump administration is readying a new tariff on the produce imported from Mexico.”

The new 17.5 percent tariff on tomatoes was announced on Tuesday with Commerce Secretary Wilbur Ross saying in a statement, “The Department of Commerce remains committed to ensuring that American domestic industries are protected from unfair trading practices. We remain optimistic that there will be a negotiated solution.”

In light of the Commerce Departments announcement Mexico’s economy ministry “said American consumers can expect to pay 38 percent to 70 percent more for tomatoes. Mexico supplies about half the tomatoes consumed in the U.S., which receives about $2 billion worth of tomatoes from its southern neighbor.”

For What It’s Worth.

Opinion.

Me reading the tweets on Friday morning. (Gif via Tenor.com.)

No Thats Not How This Works GIF from No GIFs

15. Great Republican vote today on Disaster Relief Bill.

As the News Blender reported the House has passed a Disaster Relief Bill, with only 34 House Republicans supporting the package.

As the News Blender reported President Trump late Thursday told Republicans via tweet to oppose the bill, calling it “A BAD DEMOCRAT,” bill. He re-tweeted his tweet on Friday.

16. The relationship between President Xi and myself remains a very strong one, and conversations….

17. into the future will continue….Tariffs on China, which may or may not be removed depending…

This post will be updated within reason. 

This is an Open Thread.

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About Tiff 2557 Articles
Member of the Free Press who is politically homeless and a political junkie.