BY C STONE | STONE NEWS NETWORK
Instead of lowering the tariffs to zero, President Trump increased the steel tariffs to 50% -- effective next Wednesday.
In a move so backwards, Trump makes Michael Jackson's moonwalk look like amateur hour.
The pervasive chaos that surrounds the Trump administration is back, but it'll cost you 50% more next Wednesday.
"There will be no layoffs and no outsourcing whatsoever, and every US steel worker will soon receive a well deserved $5,000 bonus," Trump told the crowd, filled with steelworkers, to raucous applause.
"At 50%, they can no longer get over the fence," he said. "We are once again going to put Pennsylvania steel into the backbone of America, like never before."
Many Canadians and Mexicans will never forget the betrayal of President Donald Trump. But you can add 100+ other countries around the world facing insane tariffs for little to no reason.
But this is politics. Where people get back slapped, and everyone receives an authentic, gold Rolex watch upon retirement.
The trade negotiations with China have dragged to a screeching halt since Trump basically announced a complete rejection of all Chinese students in America.
Oh but he saved his best quote for last.
"If you don't have steel, you don't have a country. You don't have a country, you can't make a military. What are we going to do? Say, 'Let's go to China to get our steel from the army tanks," Trump quipped at the Pittsburgh rally on Friday.
"In a closed society where everybody is guilty, the only crime is getting caught. In a world of thieves, the only final sin is stupidity." -Hunter S. Thompson
Trump said he would block all foreign acquisition of US Steel. The United States of America is the 4th largest Steel producer, just behind China, India, and Japan.
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