Who Would Be The Winners and Losers in a Trans-Atlantic Trade War.?

July 7, 2017

As promised during his Presidential campaign, Donald Trump's ideology on the world's stage is, to not be used, abused, and manipulated by other developed nations. This week, he's meeting with leaders of the "G-20" nations in Hamburg, Germany. Here are the results of President Trump doing what we elected him to do.. his "AMERICA FIRST" negotiating posture..

""HAMBURG — The growing international isolation of the United States under President Trump was starkly apparent Friday as the leaders of major world economies mounted a near-united opposition front against Washington on issues ranging from climate to free trade.

At a gathering of the Group of 20 world economic powers — normally a venue for drab displays of international comity — there were tough clashes with the United States and even talk of a possible transatlantic trade war.""

www.msn.com... partanntp

SOME QUESTIONS:

1. What is a TRANSATLANTIC TRADE WAR and Who Would Fire The First Shot?

2. Has the USA been a part of one before?

3. Who is hurt the most in this "war"?

Thanks in advance for your insightful, knowledge-based responses!

-CareWeMust

a reply to: carewemust

Right off the bat, you can pick up the tone of the article. And it's anti-Trump naturally because it's MSN. Throw in a few pro-Merkel sentiments in the mix and you have the official narrative that will be parroted by every other MSM outlet.

I'll have to pass on your questions until I see actual quotes ( in context ) from the summit instead of a biased media commentary. Nothing against you.


ETA: I just noticed the article was in fact from The Washington Post, just under the MSN banner. Amplify my sentiment times ten.

a reply to: carewemust

Everyone loses

a reply to: carewemust

Seems that the public is told that any sort of tariffs will be doom because it will start a trade war. Corps do not like it, because it forces them to pay up or build it here. "Free" traders worry about prices going through the roof.


Tariffs were a large part of govt funding in the 1800-ealry 1900's. International business has had the best of both worlds for a while now. Selling their foreign made product in the US market because of unrealistic trade deals. Sooner or later we will find out if they will cause a trade war, will it be Trump who finally pushes the issue?

originally posted by: BlueJacket
a reply to: carewemust
Everyone loses

Initially. After we get our feet back under us, America will be Great Again!!

I think you have to define terms here first of all. For example, though Trump has "pulled out" of the Paris climate accords, sources say the US will probably meet the goals set there anyway. If that is true, it's just political posturing. The US has long felt there was an unfair balance in trade precipitated by unequal tariffs on American goods compared to foreign goods sent here. The real issue here is governmental interference between private trading partners.

A really excellent example of this is in immigration issues. Ask yourself: What hurdles do Americans have when immigrating to Europe or any other country? How hard is it for an American to settle in Europe and get a job? Any guesses? Amy real-world examples? When I fly into Great Britain, which I have done a number of times, I get my passport stamped with a message: It says, "No employment. No public assistance" right on it. I'm expected to visit and leave. Now when an immigrants comes to the US what are we expected to do? Get 'em on welfare and find them a place to live. And of the US government DOES seek to impose limits, American cities will declare themselves sanctuaries and allow anyone from anywhere anytime. This is sheer idiocy.

The fact is that these "free trade agreements" entered into by the US over the last few decades has resulted in the decimation of American industry, vast unemployment and a skyrocketing trade deficit. So when you start talking "trade war" I'm left wondering: How much worse could it get?

originally posted by: schuyler
So when you start talking "trade war" I'm left wondering: How much worse could it get?

What's America's #1 export?

That's right ... WAR!! We don't care if anyone's interested in importing it or not. When we decide to export ... well ... I guess then it's a Lot worse. LOL

originally posted by: BlueJacket
a reply to: carewemust

Everyone loses

No one loses, things simply follow a different path.

Where we're going, we're going to get there, regardless of the obstacles and changes along the way.

The future is fixed, but the path to the future is not exactly predetermined.

The UK wins because while the EU and USA duke it out the UK will be in the middle acting as a economic "safe" zone

originally posted by: Snarl

originally posted by: schuyler
So when you start talking "trade war" I'm left wondering: How much worse could it get?

What's America's #1 export?

That's right ... WAR!! We don't care if anyone's interested in importing it or not. When we decide to export ... well ... I guess then it's a Lot worse. LOL

Don't be stupid. That's political nonsense. Here: www.worldsrichestcountries.com...

originally posted by: schuyler

originally posted by: Snarl

originally posted by: schuyler
So when you start talking "trade war" I'm left wondering: How much worse could it get?

What's America's #1 export?

That's right ... WAR!! We don't care if anyone's interested in importing it or not. When we decide to export ... well ... I guess then it's a Lot worse. LOL

Don't be stupid. That's political nonsense. Here: www.worldsrichestcountries.com...

Look man ... this is a political forum, not some economic thingamajiggler. I'm trying to go with the flow and you're derailing me. And don't forget where you found that cool avvy either. Ha!!

originally posted by: schuyler

The fact is that these "free trade agreements" entered into by the US over the last few decades has resulted in the decimation of American industry, vast unemployment and a skyrocketing trade deficit. So when you start talking "trade war" I'm left wondering: How much worse could it get?

Free trade agreements are pretty much the same for all. The answer to employment issues is buy American only..if you want to. Thing is, if everybody did want to, they would do so. The trouble with that, is that manufacturing is not the same as it used to be, stuff is sourced around the world because in most cases, it costs less. Manufacturers used to build their stuff from scratch, start to finish, while the quality was judgemental, and environmental consideration was much less a consideration, it's different now, and there is no going back no matter how much you might want to. The 20th century has taught us many things, much of it bad, a big heap of it good, and we can't afford the excuse of ignorance any more.

a reply to: carewemust

Who is hurt the most in this "war"?

Buyers such as U and I.

a reply to: AgarthaSeed


Washington Post is a bich with cookies and lack of privacy. I linked to MSN as a back-door for reading the WaPo article.

originally posted by: BlueJacket
a reply to: carewemust

Everyone loses

If that's the case, hopefully a Trade War can be avoided. But since our new President is so different, who knows...

a reply to: seasonal


Very educational, seasonal. I never care enough to learn about most economic rarities until they're within the realm of possibility. Thankyou!

originally posted by: Snarl

originally posted by: schuyler
So when you start talking "trade war" I'm left wondering: How much worse could it get?

What's America's #1 export?

That's right ... WAR!! We don't care if anyone's interested in importing it or not. When we decide to export ... well ... I guess then it's a Lot worse. LOL

Would selling billions of dollars worth of weapons to Saudi Arabia be considered "exporting war"?

originally posted by: Grimpachi
a reply to: carewemust

Who is hurt the most in this "war"?

Buyers such as U and I.

So a trade-war is like imposing sanctions upon a country. Shortages of goods...increased prices...gas shortages...etc.?

But the Trade War is already starting and the stakes are high and countries are done playing nice.

In their dislike of Trump and his policies, many countries are starting to look at dealing without the USA.

Japan is seeing an opportunity. At one point they were looking at the TPP as a new opportunity, but since Trump and the Republicans have managed to convince all that it was a bad idea and pull out, Japan is looking at Option 2 that it had on the back burner and been working on, which is trade agreements with the EU, where they would have a flow of goods between the EU and Japan. If it goes through it will cut the US out of a 40% market share, and Japan is not sitting idly by, rather it is also looking at the other countries that would have been involved in the TPP to form new agreements as well. If that is so, it could start to increase its potential and become and economic giant, leaving the US to slowly face the consequences of its decisions.

If Trump has his way, NAFTA will go by the by stand, where the US looses 2 of its major trading partners, Mexico and Canada, now who would really want to trade with both of those countries, that could provide a very stable financial market for them both, and many eyes are looking east, towards China and other countries.

Mexico stands to gain in a trade war, as would Canada.

a reply to: sdcigarpig

Wow..thankyou for making those scenarios easily understandable, SDCigarPig! I thought Canada already stopped trading with us, after the U.S. told them to take their lumber and shove it?