Gary Cohn to Resign as Trump Economic Adviser After Trade Dispute

Discussion in 'Economics' started by SteveM, Mar 6, 2018.

  1. zdreg


    tipping point.
    #31     Mar 7, 2018
  2. Alexpung


    Funny how if EU and China doing it, then it is fine.
    When the US do it then it is starting a trade war.
    #32     Mar 7, 2018
    ET180 and tommcginnis like this.
  3. Pekelo


    Maybe the Reps finally gonna get ride of Trump...
    #33     Mar 7, 2018
  4. + 1

    Trumpie Tariff backers ignore that little thing called economic reality.

    Bring back jobs while at the same time lose JOBS.

    Trumpie Nor'easter snows them everytime.
    #34     Mar 7, 2018
    tommcginnis likes this.
  5. Sig


    Maybe you could point out to us all a specific example of "the EU doing it"? And to by crystal clear here, "doing it" means reneging on their word in the form of a trade agreement they signed with the U.S. and imposing tariffs that they previously gave their word not to impose, on some phony "national security" bullshit reasoning to boot.

    There are plenty of tariffs in the world, the U.S. has them and almost every other country in the world has them. Tariffs aren't what lead to trade wars. Breaking your word, wiping your ass with a signed trade agreement that represented the full faith and confidence of the United States of America, that's the dishonorable behavior that leads to trade wars. That's the behavior Trump is advocating. Do you support that?
    #35     Mar 7, 2018
    Here4money, JackRab and SunTrader like this.
  6. ktm


    It's still nothing more than a negotiating tactic. Canada and Mexico will be exempt on the NAFTA rework and the others need to bring something to the table.

    He's not really looking for 25 and 10, but if he starts there and looks pretty hard ass about it, he'll get a lot more than if he went into this hat in hand.
    #36     Mar 7, 2018
  7. Sig


    Here's the thing if you've actually negotiated much...anchoring only goes so far and absurd opening gambits are much more likely to signal your negotiating partner that you aren't operating in good faith and motivate them to tell you to fuck off than they are to provide you an advantage. Especially when you're breaking your word and violating a signed treaty, when your counter-party to that treaty has been honoring their word. It's far different to "negotiate" with an electrical contractor you plan to stiff anyway than when negotiating with the EU. Sadly the President doesn't seem to grasp that, his followers clearly don't, and one of the only guy's who did just left in protest of all this.
    #37     Mar 7, 2018
    tommcginnis likes this.
  8. tylerbose


    As far as i'm concerned, Trump has been the best POTUS ever, he adds so much volatility, me and my bank account are really thankful.
    #38     Mar 7, 2018
    JSOP and Sig like this.
  9. Sig


    I hate to admit it, but no drama Obama did certainly suck for volatility!
    #39     Mar 7, 2018
  10. newwurldmn


    So did trump until a few weeks ago
    #40     Mar 7, 2018
    i960 and ET180 like this.