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The Great Wall of Trump.


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We've got one - it's called the sea you plank.

 

The total length of the British coastline is almost 20,000 miles.

That is 4/5ths of The Earths circumference.

It would be a boost for the building trade.

You might need to get some builders from Europe to help out, for about a thousand years though. ;)

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You arent. You seem to have abandoned all logic and rationality. You seem unable to explain why tariffs are so good and how they deal with the consequences of such. You seem to deny there are any consequences. You dont seem to understand economics at all.

 

I have explained, but you fail to take it in.

 

Tariffs are just another tax, the UK and 122 other countries are in the World Trade Organisation and we are all meant to follow their rules.

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The total length of the British coastline is almost 20,000 miles.

That is 4/5ths of The Earths circumference.

It would be a boost for the building trade.

You might need to get some builders from Europe to help out, for about a thousand years though. ;)

 

The length of the coastline depends how you measure it. If you really wanted to build a wall its unlikely you would be bothered about gokng up an down every curve and feature of the coastline. The number comes right down once you start using standard sections of say 50m-100m. the difference woth the US is it can be pretty much an as the crow flies line. Iy will be interesting seeing them build it in 5 years.

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And here we go again

Tariffs skew markets and thereby mske things expensive and cause resources to be wasted.

 

With all due respect that's just simplistic dogma based on flawed ideology.

 

The evidence is that the USA's pursuit of the kind of free trade you support has been highly destructive to its domestic markets and industry.

 

Watch and you'll understand:

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I have explained, but you fail to take it in.

 

Tariffs are just another tax, the UK and 122 other countries are in the World Trade Organisation and we are all meant to follow their rules.

 

You havent explained at all you have just dismissed it as political claptrap when you dotn understand it. Tariffs are another tax, but they are targeted at a foreign power, si they get to retaliate in kind by taxing that countries goods in the same way hence protecionism, hence lower economic activity hence they both lose.

 

Not sure on the one hand why you are supporting tariffs as an effective means of raising revenue without consequences and on the other talking about the WTO which has a commitment but its members to cut tariffs. This includes the US.

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You havent explained at all you have just dismissed it as political claptrap when you dotn understand it. Tariffs are another tax, but they are targeted at a foreign power, si they get to retaliate in kind by taxing that countries goods in the same way hence protecionism, hence lower economic activity hence they both lose.

 

Not sure on the one hand why you are supporting tariffs as an effective means of raising revenue without consequences and on the other talking about the WTO which has a commitment but its members to cut tariffs. This includes the US.

 

That's the wrong way to think about tariffs in the context of what Trump is trying to do. The blanket 20% tariff on Mexican goods is a shock tactic.

 

He's effectively looking to apply intelligent taxes that promote production in the USA, the more the value of a product is produced in the USA then the lower the tariffs on the parts the companies need.

 

So this doesn't mean a car manufacturer in the USA will be discouraged from importing parts. The parts could be made anywhere but the most value to the US economy, in terms of the value added to the final product and jobs, will be at the point where the car is assembled.

 

Mexico could still manufacture and then export components but the high value jobs won't be there.

 

Tariffs don't have to be a blunt instrument.

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Tariffs are another tax, but they are targeted at a foreign power, si they get to retaliate in kind by taxing that countries goods in the same way hence protecionism, hence lower economic activity hence they both lose.

 

Not sure on the one hand why you are supporting tariffs as an effective means of raising revenue without consequences and on the other talking about the WTO which has a commitment but its members to cut tariffs. This includes the US.

 

WTO tax rates are set, there should be no retaliation. I am not proposing "protecionism", just WTO tax rates.

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