Yep, this is just one example of many that show Trump is not fit to be president.  I have never seen someone so clueless about the real world. On 08/14/2018 09:59 AM, Anton Aylward wrote:

https://www.businessinsider.com/trump-tariff-trade-war-hurting-us-business-s...

"We have found ourselves in the crosshairs of a trade war, one that will drown out the effects of tax reform and risk our industry's promising future, taking American workers and consumers down with it," he wrote.

In laying out the threat the trade war poses, Yeargin identified the three ways that Trump's trade fights are contributing to pain for US manufacturers:

1 Tariffs caused the price of imported parts to increase: Tariffs act as taxes on imports, which in turn cause the prices of the goods hit with those taxes to increase. ... 2 The prices of US goods are also increasing due to market distortions: Correct Craft sources nearly all of the aluminum sheet used in its boats from the US — more than 90% according to Yeargin — but this has not protected the company from price increases. As domestic producers have seen foreign prices rise, so too have US aluminum producers used this new pricing power. According to Yeargin, the price of domestic aluminum has risen by 20% to 30% due to market distortions created by the tariffs. ... 3 Retaliatory tariffs on US exports are hurting American companies that send goods abroad: Yeargin said that retaliatory tariffs on boats by Canada, Mexico, and the European Union — which represent a large portion of the firm's overseas sales — will harm sales and "puts the industry's $1.8 billion in recreational boat and engine exports and the jobs of Americans in jeopardy."

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On 08/14/2018 08:59 AM, Anton Aylward wrote:

"We have found ourselves in the crosshairs of a trade war, one that will drown out the effects of tax reform and risk our industry's promising future, taking American workers and consumers down with it," he wrote.

In laying out the threat the trade war poses, Yeargin identified the three ways that Trump's trade fights are contributing to pain for US manufacturers:

1 Tariffs caused the price of imported parts to increase: Tariffs act as taxes on imports, which in turn cause the prices of the goods hit with those taxes to increase. ... 2 The prices of US goods are also increasing due to market distortions: Correct Craft sources nearly all of the aluminum sheet used in its boats from the US — more than 90% according to Yeargin — but this has not protected the company from price increases. As domestic producers have seen foreign prices rise, so too have US aluminum producers used this new pricing power. According to Yeargin, the price of domestic aluminum has risen by 20% to 30% due to market distortions created by the tariffs. ... 3 Retaliatory tariffs on US exports are hurting American companies that send goods abroad: Yeargin said that retaliatory tariffs on boats by Canada, Mexico, and the European Union — which represent a large portion of the firm's overseas sales — will harm sales and "puts the industry's $1.8 billion in recreational boat and engine exports and the jobs of Americans in jeopardy."

When you are stupid enough to elevate an insecure, schizophrenic bleach-blond Cheeto to the office of President -- what else could you expect?? -- David C. Rankin, J.D.,P.E. -- To unsubscribe, e-mail: opensuse+unsubscribe@opensuse.org To contact the owner, e-mail: opensuse+owner@opensuse.org