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Yes they do. Not sure why you're being downvoted.
by theultdev 8mo ago
Yes they do. Not sure why you're being downvoted.
- aaomidi 8mo agoWe don’t really do tariffs like this before Trump. At least not for a long time.
- acdha 8mo agoAnd never this sweeping: like when Japanese car manufacturers were threatening Detroit, the president negotiated with Congress and the response was targeted, not a random shotgun on other countries and industries.
- irl_zebra 8mo agoTrue. I have not ordered a single product from the Heard Island and McDonald Islands since the tariffs were levied on them. I am champing at the bit for these to be reduced.
- acdha 8mo agoHaha, but every coffee, tea, snd chocolate provider I buy from has announced their prices going up and it’s not like there’s an American industry those taxes are supporting. Hawaii doesn’t have enough land to grow even a fraction of our domestic coffee consumption.
- FuriouslyAdrift 8mo agoReagon and Congress directly negotiated with the Japanese auto manufacturers. They were threatening major tarrifs. This lead to the 1981 automobile voluntary export restraint. https://www.nber.org/system/files/chapters/c8719/c8719.pdf https://www.nber.org/system/files/chapters/c8719/c8719.pdf
- acdha 8mo agoYes: that’s kind of a textbook example of using tariffs strategically — there’s a valid argument that automobiles are a strategic industry worth protecting (just for military capacity alone) but they didn’t threaten to heavily tax coffee and chocolate from other continents at the same time or under the pretense that it would make those crops viable in the United States at scale.
- pjc50 8mo agoNo - not to anything like the same extent, and not through executive orders.
- theultdev 8mo agoFrom someone who is close to the energy sector that's simply not true. There's been so many EOs from Democrat presidents that cause hugely negative disruptions in the industry.
- CursedSilicon 8mo agoWeird that you felt the need to specify Democrats Is this something Republicans have simply never done until now?
- theultdev 8mo agoI was giving a specific example for one industry. Noting the political party was just a detail. But yeah plenty of examples of R presidents for other sectors in the past I'm sure too.
- deleted 8mo ago[deleted]
- pbhjpbhj 8mo agoCan you give a few examples, please. Also, I'm curious, what you feel you're getting out of your support of the Trump regime?
- theultdev 8mo agoThe first that comes to mind was the Keystone XL Pipeline. Biden cancelled it with EO 13990 when it was pretty much done. Would have been thousands of jobs, Canada wanted it too, it's safer than trucking/transporting by train. All just cancelled on a whim. Then there's EO 14008 that put a moratorium on new oil and gas leases on federal lands and offshore waters. (fed land is 25% of oil production) Regardless of your position on oil (I'm sure you have one), the point is those are two examples of disruption of an industry by EO from a previous president.