Trump's Tariff-ic Economic Damage
The Trump Tarriffs are going to wreck the economy and the GOP knows it. Now we have a ballpark figure of the carnage to start: Trump's proposed tariffs on steel and aluminum would cost the economy nearly 150,000 jobs as a starter.
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Yet the departure of Mr. Cohn, a free-trade-oriented Democrat who fended off a number of nationalist-minded policies during his year in the Trump administration, could have a ripple effect on the president’s economic decisions and on the financial industry.
It leaves Mr. Trump surrounded primarily by advisers with strong protectionist views who advocate the types of aggressive trade measures, like tariffs, that Mr. Trump campaigned on but that Mr. Cohn fought inside the White House. Mr. Cohn was viewed by Republican lawmakers as the steady hand who could prevent Mr. Trump from engaging in activities that could trigger a trade war.
Even the mere threat, last August, that Mr. Cohn might leave sent the financial markets tumbling. On Tuesday, Mr. Cohn’s announcement rattled markets, and trading in futures pointed to a decline in the United States stock market when it opened on Wednesday.
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He is going to destroy us all. The next question is how quickly. The dumbfuckstations that voted for him and still support him are either braindead, comatose or simply rich morons that believe in the end that none of this will effect them. Guess they will buy the air they breathe else where and buy the food they eat on another planet as they will destroy ours in a nanosecond to reap a tax cut or two. Every step this 'prezi' has made was to enrich himself and his benefactors and destroy everyone else. F**K the GOP.
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