At Davos Trump announces tariffs on washing machines, etc., viewed by the audience as an attempt to do no more than score political points with his base. And Trudeau announces Canada's new trade partnership between 10 Asia-pacific nations, dropping tariffs and setting new standards for trade, labor and the environment. https://www.washingtonpost.com/news...-trade-deal-with-asia/?utm_term=.2a623e704325
LG and Samsung just opened plants in South Carolina. That is now in jeapordy We have tarriffs imposed on solar panels now. We don't MAKE solars panels so they'll simply cost 30% more. Trump LOVES old technology so...
Was it one of Trump's campaign promises to put triffs on washing machines and solar panels? I would say that's a bit specific, so what reasons are behind it?
Good question. As usual, the White House speaks in opposites and deflections. Today one higher up in managing our economy said we're in a trade war that has been going on for a while. Another said we're not, and this is just some smaller move - for reasons not clear to me. I think one has to expect this when we elect leadership that sees government as the PROBLEM. As long as there is no respect for it, there is no reason to expect it to work.
