Whirlpool loved Trump's tariffs. Now it's struggling

DMK · 2018-07-27T21:48:11.502Z

You want to decrease American imports

No

Drs:

pay down US debt and invest in US infrastructure

Yes

Drs:

Just put a VAT tax on non food products.

No.

CanadianJudo · 2018-07-27T21:50:45.457Z

don’t worry more bailout on the way.

Nemesis · 2018-07-27T22:51:48.714Z

They will get a bailout and the usual Trump cultists will explain why Whirlpool’s bailout is important for National Security.

WildRose · 2018-07-28T09:40:00.196Z

Of course they are, they are being killed by cheap Chinese imports which is part of what this administration is trying to solve by renegotiating our trade deals.

dantes · 2018-07-28T10:30:15.066Z

How are trade deals going to stop cheap Chinese imports from “killing them”?

(Ignoring that cheap Chinese imports are not the reason they’re struggling now)

WildRose · 2018-07-29T04:39:33.856Z

By preventing them from dumping them into the US market at below market prices using subsidized and slaver labor.

Drs · 2018-07-29T16:43:20.742Z

That is what trade deals are for.

WildRose · 2018-07-29T23:34:02.342Z

And that’s what’s being renegotiated from a leveraged position on our part.

Drs · 2018-07-29T23:35:59.075Z

No it isn’t Trumpy. Countries just retaliate and dig in.

WildRose · 2018-07-29T23:37:59.426Z

Oh really?

The Hill – 25 Jul 18

Trump and EU agree to work toward ‘zero tariffs’

President Trump and European Commission President Jean-Claude Juncker on Wednesday announced that they have reached a deal to begin resolving a dispute over tariffs and avoid a trade war.”We …

And the Chinese need us far worse than the EU.

Drs · 2018-07-29T23:39:29.416Z

Chinese will wait you guys out. Get their supplies from other countries and sell their goods to them

WildRose · 2018-07-29T23:40:15.052Z

The US is by many times over the biggest importer of Chinese goods, our dollars and our consumers cannot be replaced.

Drs · 2018-07-29T23:43:17.654Z

They are making non perishable products that they will store.

If Trump was winning the Senate and house would not be passing bills to cut the tariffs.

Only Trump and worshippers like yourself think you are winning.

WildRose · 2018-07-29T23:45:05.179Z

They can only pile up those goods for so long before they run out of space to store them and money to produce them.

Their entire economy collapses without US exports.

CaughtInTheMiddle · 2018-07-29T23:48:38.600Z

Drs:

If Trump was winning the Senate and house would not be passing bills to cut the tariffs.

and there is the truth.

WildRose · 2018-07-29T23:53:47.487Z

The truth is that neither house can do anything about them.

Drs · 2018-07-30T00:05:21.130Z

I guess someone does not know what a veto proof majority is.

WildRose · 2018-07-30T00:05:59.130Z

Drs:

I guess someone does not know what a veto proof majority is.

It’s something that doesn’t exist in the US congress on this issue for sure.

Drs · 2018-07-30T00:14:52.180Z

Already passed the house and senate. The Senate made a change to it so it goes back to the house.

More than 2/3rds support in both houses.

WildRose · 2018-07-30T00:32:12.433Z

Did you even read the bill? All it does is to roll back tariffs on a handful of goods and raw materials not produced in the US.

It will have to go back to the house, then to the potus and then back to both houses to attempt to override his veto.

We’ll see but I sincerely doubt they’ll get it done and it would be stupid to pass it at this point because the strategy is proving to work.