• Trump history repeats itself

    From Chris Ahlstrom@21:1/5 to All on Thu Apr 10 07:00:30 2025
    XPost: alt.fan.rush-limbaugh, talk.politics.misc

    "DAVOS MAN : HOW THE BILLIONAIRES DEVOURED THE WORLD" by PETER S. GOODMAN

    Trump was operating under the guidance of his chief trade adviser, Peter
    Navarro, an economist derided as a charlatan by many of his peers, yet
    celebrated in Trumpland as a truth-telling warrior. Navarro had coauthored
    a book called Death by China, which traded in the fatuous idea that
    American economic problems were the result of decisions made in Beijing,
    rather than Davos Man’s manipulation of Washington.

    Trump was threatening to blow up the North American Free Trade Agreement.
    He was mulling whether to walk away from the World Trade Organization, the
    linchpin of the rules-based international trading system. In the Trumpian
    calculus, the institution was a gratuitous impediment to American
    muscle-flexing. As the world’s largest economy, the United States possessed
    the authority to dictate the rules in its own interest rather than
    submitting to the designs of globalist wonks in Geneva.

    Trump had not been bluffing. He was serious about wrecking the postwar
    liberal order forged by Morgenthau and American allies in the previous
    century. If the rhetoric of the Forum had any meaning, Davos Man was
    supposed to be appalled by this historical turn, which made Trump’s arrival
    at the Forum a source of titillating anticipation.

    Much of the corporate world was indeed uneasy about Trump’s tendency to
    call out multinational companies that had set up factories outside the
    United States—a clear play for support in places like Granite City. The
    trade war would prove debilitating to many American companies, menacing the
    very American manufacturing jobs it was supposed to preserve. The tariffs
    disrupted American factories by raising the cost of components and parts
    they brought in from China.

    Trump would eventually impose tariffs on steel, even from stalwart allies
    like Europe, Canada, and Japan, while citing a justification that amounted
    to the nuclear option: He claimed the tariffs were necessary to address a
    threat to national security. In the age of America First, buying coils of
    metal from Ontario was akin to hiring ISIS to run security at Disney World.

    Trump’s trade war would cause a downturn across American manufacturing. The
    steel tariffs were especially damaging. Major companies like Caterpillar,
    which made tractors and construction machinery, were slowing production as
    steel prices climbed*. In Michigan, factories that had resisted moving
    production to Mexico were suddenly contemplating that step as the steel
    tariffs increased their costs.

    That was Trump's first term.

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  • From Siri Cruz@21:1/5 to Governor Swill on Fri Apr 11 00:44:35 2025
    XPost: alt.fan.rush-limbaugh, talk.politics.misc

    On 11/4/25 0:24, Governor Swill wrote:
    On Thu, 10 Apr 2025 07:00:30 -0400, Chris Ahlstrom wrote:

    Trump was threatening to blow up the North American Free Trade Agreement.
    He was mulling whether to walk away from the World Trade Organization, the
    linchpin of the rules-based international trading system. In the Trumpian
    calculus, the institution was a gratuitous impediment to American
    muscle-flexing. As the world’s largest economy, the United States possessed
    the authority to dictate the rules in its own interest rather than
    submitting to the designs of globalist wonks in Geneva.

    That's not putting America first, that's putting America only.


    Every empire is the only rules that exists. Forever.

    --
    Siri Seal of Disavowal #000-999. Disavowed. Denied. @
    'I desire mercy, not sacrifice.' /|\
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    of Discordian Mysteries. This post insults Islam. Mohamed

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