Trump Shocked Other Countries Can Do Tariffs Too
Trump has announced that he is putting tariffs on steel and aluminium. Cenk Uygur and Ana Kasparian, hosts of The Young Turks, discuss. To get even more ...
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DONALD TRUMP HAS ANNOUNCED THAT THERE WILL BE TERRIFIED ON STEEL AND ALUMINUM COMING FROM CANADA, MEXICO, AND THE EUROPEAN UNION. THESE TARIFFS ARE SET TO GO INTO EFFECT TOMORROW. AT 12 AM ON FRIDAY THEY WILL GO INTO EFFECT AND 25% ON IMPORTED STEEL AND ALUMINUM. THE REASONING HE HAS GIVEN FOR THIS DECISION IS RIDICULOUS, BUT IT HAS SOMETHING TO DO WITH NATIONAL SECURITY. IS ALSO GOING TO BE SLOPPING MASSIVE TARIFFS ON FOREIGN MADE VEHICLES. SO HOW ARE VEHICLES CRITICAL TO NATIONAL SECURITY? I DON'T KNOW. WILBUR ROSS DID A CONFERENCE CALL WITH REPORTERS AND HE SAID THE FOLLOWING. FASCINATING THAT YOU SAY THAT BECAUSE WE ACTUALLY DO NOT HAVE A STRONG ECONOMY. IT APPEARS THAT WE DO IN STOCK IS DOING WELL BUT WAGES REMAIN STAGNANT AND ALL OF THESE AMERICANS WENT UP SPENDING A LOT MOR...
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DONALD TRUMP HAS ANNOUNCED THAT THERE WILL BE TERRIFIED ON STEEL AND ALUMINUM COMING FROM CANADA, MEXICO, AND THE EUROPEAN UNION. THESE TARIFFS ARE SET TO GO INTO EFFECT TOMORROW. AT 12 AM ON FRIDAY THEY WILL GO INTO EFFECT AND 25% ON IMPORTED STEEL AND ALUMINUM. THE REASONING HE HAS GIVEN FOR THIS DECISION IS RIDICULOUS, BUT IT HAS SOMETHING TO DO WITH NATIONAL SECURITY. IS ALSO GOING TO BE SLOPPING MASSIVE TARIFFS ON FOREIGN MADE VEHICLES. SO HOW ARE VEHICLES CRITICAL TO NATIONAL SECURITY? I DON'T KNOW. WILBUR ROSS DID A CONFERENCE CALL WITH REPORTERS AND HE SAID THE FOLLOWING. FASCINATING THAT YOU SAY THAT BECAUSE WE ACTUALLY DO NOT HAVE A STRONG ECONOMY. IT APPEARS THAT WE DO IN STOCK IS DOING WELL BUT WAGES REMAIN STAGNANT AND ALL OF THESE AMERICANS WENT UP SPENDING A LOT MOR...
