Bladewire

#ThanksTrump

“I’d like to kill ’em,” groused Finance Committee Chairman Orrin Hatch (R-Utah), a close Trump ally, referring to the administration’s expanding list of tariffs."

"After a fruitless diplomacy campaign, some in the party are weighing confrontation. Most notably, Hatch is pushing legislation in his Finance Committee to reign in Trump. The effort seems to have more support from GOP leaders than legislation that would place new checks on Trump’s power to impose tariffs, which Roberts dubbed the “hand-grenade” option."

‘I’d like to kill ‘em’: GOP takes on Trump tariffs

Republican senators are at their breaking point with Donald Trump’s protectionist trade blitz.

Not a party meeting goes by these days at which multiple Republicans don’t vent that the president isn’t listening to them — and plot how to fight back.

“I’d like to kill ’em,” groused Finance Committee Chairman Orrin Hatch (R-Utah), a close Trump ally, referring to the administration’s expanding list of tariffs.

The mounting frustration with the Republican president is a warning sign for the party amid what’s been a surprisingly favorable stretch. Trump appears, at least for now, to have weathered the internal GOP backlash against his family separation policy. He has a new Supreme Court vacancy to fill, and he ended last week celebrating the “economic miracle” he said his tax cuts created.

But Republican senators say they can’t get the president to comprehend that his tariffs offensive could upend all of that progress in short order. Commodity prices in the heartland are sagging, U.S. allies are retaliating with tariffs of their own — and GOP leaders are fretting that the booming economy is about to go into a pre-midterms nosedive.

GOP senators say Trump has heard them out at White House meetings and in phone calls. But he has plowed ahead, anyway: First Trump imposed tariffs on washing machines and solar panels, then slapped tariffs on steel and aluminum imports for Mexico, Europe and Canada, and now is moving toward new levies on foreign cars. The tit-for-tat is accelerating: Tariffs against China take effect this week, and Canada announced retaliatory tariffs on Friday.

After a fruitless diplomacy campaign, some in the party are weighing confrontation. Most notably, Hatch is pushing legislation in his Finance Committee to reign in Trump. The effort seems to have more support from GOP leaders than legislation that would place new checks on Trump’s power to impose tariffs, which Roberts dubbed the “hand-grenade” option.

crockett

They are all spineless cowards..

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Bladewire

Many people don't realize that Trump put billions if dollars in tarrifs on imported circuit boards from China that American made companies use in their products that are created and assembled in America.

Trump Tariffs Would Take A $5B Bite Out Of The Medical Device Industry

Musical instrument manufacturer threatens to move overseas due to Trump tariffs | TheHill

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xClips Jim

Coordinated by establishment Republicans supported by the Chamber of Commerce big business lobby - in other words, anti-Trump...

https://www.cnbc.com/2018/07/02/larg...n-tariffs.html

A different viewpoint for those reading...

Bladewire

True. They only take notice when money or their own position of power is threatened. Scum traitors just out for themselves, and when forced, their local businesses, citizens last.

Rochard

This will be good for Republican states... LOL.

#winning.

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RedFred

You mean the biggest establishment Republicans are against Trump? Like this turtle face motherfucker?

xClips Jim

Some of them, yeah.

dyna mo

What's absolutely amazing is the fact that never in the history of America have so many big businesses opposed a republican POTUS.

But what's mind blowing about that is this POTUS runs around exclaiming he's a business man.

RedFred

That's because he screwed them all out of money at one time or another.

xClips Jim

I wonder what big business might fear?

RedFred

World Wars and depressions are never good for business. Unless you're Lockheed Martin.

Bladewire

No matter what, the alt-right hate trolls act like Trump is a victim... Whether he's winning or losing he's always a victim. No integrity

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xClips Jim

So they're afraid of WW3 and/or a depression under Trump. Check.

xClips Jim

No matter what, the alt-left hate trolls act like Trump is bad... Whether he's winning or losing he's always bad. No integrity

Busty2

The tariffs are hitting everything, even beer prices are set to go up due to the Aluminum tariff, not a lot but, if you drink like a neighbor of mine it adds up.

I was about to place an order with a company here in the USA for some machinery i need. I received an e-mail stating that the cost would be $125,000, If i purchase (in stock items) before the 6th July 2018 after that the cost goes up to $150,000. That extra $25,000 would decimate any savings from the recent tax cut ?
#ThanksChump!

dyna mo

easy. being run out of business on account of trump's hardball negotiating tactics.

xClips Jim

Could be. Could be.

Any specific large entities that you could tie to this alleged fear of going out of business?

dyna mo

cheeky bastard!



sure, dodge my point that this business man potus is not business friendly because I dared to answer your conspiracy based leading question.

xClips Jim

LMAO!

I see your point that Trump is not business friendly and I raise you by one roaring economy.

Anyway, not much to see in this thread - just the usual alt-left Mrs. Bladewire troll spewing her hatred as always - no integrity.

RedFred

1. The economy has gone stale

2. In what world do you live in where calling a guy a girl over and over is some sort of put down? Did your brain not evolve past kindergarten?

dyna mo

we're not talking about the economy. We're talking about a lot of businesses being opposed to trump due to his risking everything by blowing up deals and hardball negotiating tactics, mostly with trade and nuclear weapons. certainly you know he risks the roaring economy with his tactics. That's the point of all of these business leaders coming out against trump right now. they too know.

xClips Jim

1.) It has? Did that happen today?

2.) It's the world where she lies and calls me a fake nic.

dyna mo

but if you want to bring up the economy-

The U.S. Chamber of Commerce on Monday denounced President Donald Trump’s handling of global trade disputes, issuing a report that argued tariffs imposed by Washington and retaliation by its partners would boomerang badly on the American economy.

https://www.reuters.com/article/us-u...-idUSKBN1JS0VL

xClips Jim

I disagree with you, that's all. Shocking, no?

Many of these same businesses advocate for Democratic positions because they want the cheap labor, etc.

I understand the risk the tariff tactics bring, however, I believe we are worse off if we don't use our current strength to make a stand.

Just a difference of opinion - maybe we need people in the streets!

xClips Jim

Right. Who did I say was behind this? Read above.

dyna mo

Washington, D.C. – Governor Matt Blunt, president of the American Automotive Policy Council, today issued the following statement:

"FCA US, Ford, and GM are the heart of the US industrial base and a key engine driving economic growth. America’s automakers share the U.S. government’s goal of maximizing the growth and success of America’s auto sector. Despite the U.S. government’s good intentions, America’s automakers strongly believe any increase in automotive tariffs on passenger cars, light trucks and automotive parts will undermine the enormous economic contributions the U.S. auto sector makes to our economy, and could interfere with the ongoing success of American automakers.

AAPC Issues Comments for Section 232 Investigation | AAPC

RedFred

US GDP in Q1 2018 = 2.0 percent.
Stock market flat for 7 straight months.
Gas prices are up sharply from last summer.
Shareholders (not workers) got the vast majority of tax cut benefits.
Wages down from a year ago.
Inflation is rising thanks to Trump's trade war.

xClips Jim

And I agree with their assessment. It could be bad. But, it could be good.

I know what is definitely not good. The same....

huey

You have to break a few eggs to make an omelet.

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"They aren't after me, they are AFTER YOU! Im just in their way"
-D.J. Trump

Bladewire

The problem with Trump starting a trade war is that he has no control of reactions to what he initiated. he felt powerful being in the position to start something but he can't stop it, that power belongs to everyone who retaliated in response.

Trump thinks that if he pulls back on a particular tarrif because it's decimating one of our industries, that the other country will automatically pull back. But they have the power to stop, not Trump, so what is Trump going to barter to get them to stop? Weakness. Sucks

Inflation is already high. The feds have raised interest rates 5 time in 18 months. Obama raised the rates once in 8 years and lowered them 12 times. Wages are stagnant. The price of everything has gone up. Businesses aren't expanding because of fear of the results of the trade war. So that tax money they got they're holding on to it. Or if they're like you they're buying fireign goods before the trade war hits which is going to increase the trade deficit even more this quarter lol Nothing is trickling down to citizens. Fucked

xClips Jim

Only 2% GDP growth? Now, is that good or bad?

Stock markets and gas prices fluctuate.

Many workers disagree with you.

LOL.

Inflation comes when wages rise and demand for product exceeds supply.

xClips Jim

RedFred

Considering the GDP was at 3.1% a year ago, it's not good.

Stock and gas fluctuates?? WTF kind of argument is that? They are both headed in the wrong direction, it's not some fluke fluctuation. LOL

Many workers disagree with you.

Raising interest rates are meant to put the brakes on inflation. It's not working (Thanks Trump)

xClips Jim

So if GDP rises from here than Trump is great?

Yes, markets fluctuate. There is no wrong direction.

Of course they do.

Trump doesn't control interest rates.

In actuality, he doesn't control the economy, either. We're debating it for fun - I don't credit most of the economy to Trump.

Bladewire

He's not capable of a logical fact based stance on economics.

This happened today

PepsiCo gets downgraded by Deutsche Bank due to rising ‘cost inflation’ | CNBC

"Deutsche Bank lowers its rating on PepsiCo shares to hold from buy, predicting the company will report earnings below expectations this year.

The firm's analyst predicts the company’s gross profit margin will decline by 75 basis points in its second quarter due cost inflation in commodities."

xClips Jim

Says the person who left this little economic genius gem:

Let's not forget...

Read: 0.75%

tony286

They all wanted the tax break and another right wing justice, once they have them they don't need him. He is unstable not thinking beyond the hour, I can see them thinking hard about running a candidate against him. How people think he is some economic genius is fucking beyond me, he has failed with money more than he succeeded.