Looks like McMaster is getting fired next.

Honorable discharge

I'm looking forward to our favorite Libertarian's comments on Trump's new tariffs.

dow drop just a fluke im sure LOL

i cant wait for the breitbart crowd to spin this as us finnally winning in trades and a necessary sacrifice as those who voted for trump because of jobs lose their jobs and watch their 401k devalue.

i could give a fuck, good opportunity for me to buy.

libertarians, free market people etc.
dow down 420 at close
you think its a coincidence

trump suggests steel tariffs of 25%, everyone freaks out and calls him a protectionist retard who will shoot his own country's economy in the foot with this measure.

meanwhile, the EU has been imposing average tariffs of 22.6% and maximum tariffs of up to 73.7% on chinese steel since 2016 without anyone freaking out or calling them names; and the european economy is in the most healthy state of over a decade despite those tariffs:

https://www.theguardian.com/business/2016/oct/07/european-union-import-duties-chinese-steel-port-talbot-tata


This post was edited by Black XistenZ on Mar 1 2018 06:28pm

and the US has already put tariffs of over 500% on Chinese steel in the past, keep in mind
the issue is that China continues dumping its overproduced subsidized steel into other markets, and those markets have their rates drop, which in turn spills over into destroying domestic markets in America even if China is closed out
so the tariff on china is still so astronomical they can't export to us at all, but now its affecting countries like brazil and canada who were lapping up that cheap chinese steel

I'll just keep using this quote for the next few months.

That's good to see. No one is exempt from the law, even people I like.

Bernie can still win