Spicer said Trump wants to eventually expand the 20% import tax to ALL countries, not just Mexico

[highplainsdem]

http://www.businessinsider.com/sean-spicer-trump-considering-20-tax-on-mexican-imports-2017-1

[jeanmarc]

1. The simp doesn't understand how prices work

Let inflation skyrocket. We have a moron in charge.

[Auntie Bush]

2. Trade war...here we come!

[C_U_L8R]

3. Especially crappy Trump products

Made in overseas sweatshops

[underpants]

4. So the normal RW BS on soda taxes and min. wage is "it will be passed on to the customer"

but not in this case?

[Historic NY]

5. Thats going to hurt American companies...

that have overseas operations and divisions. Wait until these countries imposed a 50% tax on American goods.

[Angry Dragon]

6. I have a problem with this article

They talk about the wall being fencing......that is not a wall
A wall is put 50 feet below ground level and 100 feet above topped with razor wire
with gun towers

THAT IS A WALL

[workinclasszero]

7. Stock market CRATERS tomorrow!

Man baby is on the loose and no one can stop him!

[Bernardo de La Paz]

9. Amendment 25 can stop him if Republicons sober up from their power-drunk bender. . . nt

[workinclasszero]

15. HA they might wake up tomorrow with a lot less paper profits

Couldn't happen to a better bunch I must say!

[Bernardo de La Paz]

8. The Great Depression began because of raising of trade tariff barriers

International trade declined dramatically and that caused huge job losses.

If tRump gets his way, it will be known as the Great Trump Depression.

New slogan: [font size = "+2"]Trump: Making America's Great Depression Again[/font]

[Generator]

10. And then a world war to get us out!

Happy Days are here again! Disaster capitalism. It's hard to keep up with the hysteria but I'm trying. (not that hysteria is unfounded mind you-it's rough when others are more hysterical than me-that was something I was good at)

[dalton99a]

11. Depression is right, not recession.

[Bernardo de La Paz]

12. This time the US: The Depression hit hardest those nations that were most deeply indebted

http://www.english.illinois.edu/MAPS/depression/about.htm

The Depression hit hardest those nations that were most deeply indebted to the United States, i.e., Germany and Great Britain. In Germany, unemployment rose sharply beginning in late 1929, and by early 1932 it had reached 6 million workers, or 25 percent of the work force. Britain was less severely affected, but its industrial and export sectors remained seriously depressed until World War II. Many other countries had been affected by the slump by 1931.

The US owes huge debts to China. This is no time to start trade wars with Mexico and China.

[sharp_stick]

13. I don't think

that Congress would get behind that. Right now it's nothing more than his usual fantasyland gibberish.

[gratuitous]

17. Probably not

But can other countries take the chance that this is just one more time Trump's popping off without taking steps to protect themselves? When someone's charging at you with a gun and screaming "I'm going to kill you!" it takes some pretty stern stuff to wait impassively to see if he's just dicking around or if he really means it.

[Bernardo de La Paz]

19. Careful about reply titles! Compare

Compare "I don't think" to "I don't think Congress would get behind that".

Right now, the two titles run:

"I don't think"
"Probably not"

It's funny, all the more so because neither writer intended the resulting effects.

[uponit7771]

21. +1, there's not a damn thing any adult should believe from this crew... the talk much great shit

[HassleCat]

14. I watch Canadian TV and they are nervous.

They know a battle of import duties and trade barriers would hurt both sides. Canada buys more from us than we buy from them, so upsetting that balance would be very foolish.

[Drahthaardogs]

16. That's stupid

These idiots are insane

[LittleBlue]

18. WTF?

That literally makes no sense.

[Xolodno]

20. Wonderfull....

WTO battles...

Trade battles.....


And everything gets more expensive.

Oh and lets not forget...you won't be able to get some produce year round as it will be "out of season" and prohibitively expensive to buy. Time to take your canning and pickling hobby into a normal everyday life requirement.

Trump really is taking us back to the 1950's....only one small problem, the worlds economies aren't decimated due to world war, so no one will be buying from us.

[TheFrenchRazor]

22. based on some of these responses, everybody here thinks "free trade" is great.

i don't.