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Old 01-24-2018, 09:34 AM  
BaldBastard
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Industry Role:
Join Date: Jan 2001
Location: Sydney
Posts: 15,874
Quote:
Originally Posted by crucifissio View Post
WOW that is amazing! trump slapped on 30% import on something, how smart! : I hope the other countries dont be like "hey we can play that game too!"
The "hey we can play that game too!" is in the lowering of Taxes, any country can lower it's taxes if that's all it takes to boom their economy.


Trumps company tax cut's will see a huge surge short term!!! in debt that is, which will raise interest rates, but that's ok because these companies are going to return manufacturing money and jobs to the USA!!!
But to make America money they need to export, and the only major growing USA export market is.. China, so they are going to have to send these products, produced at a higher cost, back to China to sell, with the added shipping costs, and of course the Chinese won't mind paying more.. for products they can make themselves.

It's an awesome plan, with interest rates at 3% and 20 trillion debt
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