Russia Not on US Tariff List Despite Broad Global Reach | Sweden Herald
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I try to keep a sense of perspective, every president I disagree with seems to be the worst president ever at the time.
I really want to say Bush's useless Trillion dollar wars are worse than this.
But it's close and we have 3.5 more years of this.
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Trump followed a consistent, rigid math: Whatever the trade deficit, then that's the tariff applied... except for Russia. Russia is #23 on our list of trade partners. Following the math they should have a hefty tariff applied, but they don't. It's the only exception.
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Obama was pretty decent no? He managed to at least speak normally.
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The longest.
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Uh? Of course he isn't. Why would he put tariffs on his boss? That makes no sense.
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I’m honestly not sure how that would apply to infant adoptions. It’s my understanding that if the adoption occurs early enough, the adoptive parents will be listed on the birth certificate. It certainly feels like a child adopted in infancy by citizens should be just as eligible for the presidency as a child naturally born to citizens, but I’d also have a hard time drawing a line age-wise after which that would no longer apply and I do see a reason to bar children adopted at 17 from the presidency. My niece was adopted at three years old and she does remember her biological mother, but she’s absolutely my sister and brother in law’s daughter, in terms of her personality, culture, and values. That’s only a data point of one and I’d like more, but I don’t know how easy that would be to track for other adopted children.
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That’s an absurdly low bar.
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As much as I despise Obama for vastly expanding our extrajudicial drone strike policy..... All things put into perspective, yeah he was pretty decent.
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I wonder why
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I was fine with like 80% of Obama and like 60% of Clinton's actual policies while enjoying the economy that I don't credit him for. But then W Bush was like a 10% and Trump 1 maybe 10% (Warp Speed, passing the vast majority of Covid stimulus, ironically all the stuff he's against now) and I'm batting zero so far on Trump 2 but I assume at some point he'll do something I agree with.
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Because Tariffs don't work on non-allied countries
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The US has been sanctioning Russia for the better part of the last decade. We aren't tariffing them because we aren't trading with them.
We also aren't tariffing Venezuela, Cuba, or North Korea, for the same reasons.
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Yeah if I were being charitable I might imagine they aren't on the list because they are already subject to extremely high tarrifs and embargoes. Maybe increased those tarrifs could be a bargaining chip in ending the Ukraine invasion. Impossible to tell with Trump though.
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I really want to say Bush’s useless Trillion dollar wars are worse than this.
I would say Bush's bailout of the O&G sector in '01 and the Financial Sector in '08 laid the seeds for worse social and ecological conditions over the subsequent two decades. Similarly, NAFTA and the subsequent midwestern de-industrialization was nightmarish for US industry and Mexican agriculture.
These blunders set us up to need international trade. What's crazy about Trump's tariffs is that he's not addressing the underlying infrastructure problems or the crushing post-Great Recession debt traps. He's just squeezing at the point of the supply chain in order to punish American industry and labor for adapting to the sabotaged economic landscape of the neoliberal era.
It is the economic equivalent of kicking a guy in the kidneys after he's already been laid out on the ground.
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Obama was pretty decent no?
How Obama Destroyed Black Wealth
Neil Barofsky, the bailout inspector general, later testified that protecting the banks was the actual goal. The administration’s aim was to “foam the runway” for the banks, as Barofsky witnessed Tim Geithner tell Elizabeth Warren. HAMP failed, in other words, because it was not designed to help homeowners.
As a result, in many cases HAMP actively enabled foreclosure. Its re-default rate — the fraction of people who got a modification and later defaulted out of the program — was 22 percent as of 2013. Only about $15 billion of the original $75 billion appropriation was spent by mid-2016.
Out of an initial promised 4 million mortgage modifications — itself a drastic underestimate — by the end of 2016 only 2.7 million had even been started. Out of that number, only 1.7 million made it to permanent modification, and of those, 558,000 eventually washed out of the program.
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Former Wells Fargo employees later testified that the bank deliberately tricked middle-class black families (who they called “mud people”) into subprime “ghetto loans.” Overall, a Center for Responsible Lending study found that from 2004 to 2008, 6.2 percent of white borrowers with a credit score of 660 and up got subprime mortgages, while 19.3 percent of such Latino borrowers and 21.4 percent of black borrowers did.
The effects of the foreclosure disaster are starkly apparent in Survey of Consumer Finances data. To start, the homeownership national rate shows a marked decline over almost the whole Obama presidency, reaching the lowest rate since 1965 (before slightly rebounding).
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Embracing the Ultra-Nationalist Paleocon wing of the Republican Party and stuffing your administration with goldbugs and Silicon Valley anarcho-capitalists?
Why does an American President consuming American Propaganda and regurgitating a uniquely American public policy at the behest of his wealthiest American peers and hooting white-nationalist proles waving American flags get flagged as Russian?
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Surely American trades some products? Where does Russian vodka come from?
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https://www.statista.com/statistics/1306859/us-imports-by-commodity-from-russia/
It does look like we import about $3B/year. Mostly fertilizers, which make up 1/3 of total imports, and some raw metals and a bit of heavy machinery. But that's minuscule beside our trade balances with the top of his tariff list - China, the EU, Vietnam, Taiwan, Japan, and India. We do $20B/year with tiny little South Korea, as a point of comparison. We bring in $6B/year from South Africa.
To my knowledge, we don't import Russian vodka in any significant quantity. Anything "Russian" branded is typically imported from one of the neighboring states - Ukraine, Belarus, Poland, Romania. Red Army Vodka, for instance, is from a Polish company.
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I was under the impression that we (in Canada) get our vodka mostly from Finland, but it's been a while since I worked as an alcohol purveyor... I'm ashamed of the things I did during those years, but I'm in recovery now, thank you for your concern
