Trump has announced that he is putting tariffs on steel and aluminium. Cenk Uygur and Ana Kasparian, hosts of The Young Turks, discuss. To get even more TYT in your life, go to https://TYT.com/app and download our free app!
Read more here: http://money.cnn.com/2018/05/31/news/economy/united-states-steel-aluminum-tariffs/index.html
"The trade penalties, 25% on imported steel and 10% on imported aluminum, take effect at midnight, Commerce Secretary Wilbur Ross told reporters Thursday.
Mexico, the EU and Canada immediately announced plans to retaliate with their own tariffs against American products.
Trump announced worldwide steel and aluminum tariffs in March but granted exemptions to some major trading partners.
Canada, Mexico and the EU were among the countries granted relief while the United States pursued negotiations to address the administration's concerns about the state of domestic steel and aluminum production. Those negotiations had a Friday deadline.”*
Hosts: Cenk Uygur, Ana Kasparian
Cast: Cenk Uygur, Ana Kasparian
The Largest Online News Show in the World. Hosted by Cenk Uygur and Ana Kasparian. LIVE STREAMING weekdays 6-8pm ET. http://www.tytnetwork.com/live
Subscribe to The Young Turks on YouTube: http://www.youtube.com/subscription_center?add_user=theyoungturks
Like The Young Turks on Facebook: http://facebook.com/theyoungturks
Follow The Young Turks on Twitter: http://twitter.com/theyoungturks
Buy TYT Merch: http://www.shoptyt.com
Download audio and video of the full two hour show on-demand + the members-only post game show by becoming a member at http://www.tytnetwork.com/join/. Your membership supports the day to day operations and is vital for our continued success and growth.
Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. A young person who rebels against authority or societal expectations.(American Heritage Dictionary)
Trump is destroying the western powers from within. And when he succeeds, there is no stopping china and Russia from advancing unopposed. Sad that his followers care more about bringing back prayers in schools and stopping the gays from marrying rather than world peace and global stability.
China used to be the world super power, including the military super power. They fell to almost 3rd world status, not because they ran out of resources but because a new leader made bad decisions. Their social, economic and scientific advancement stagnated and then declined.
Just making a comparison.
If that idiot President can't see that all the US exports can be bought elsewhere, where does he REALLY expect his economy to be in a year when US exports drop at alarming rates. China had said they would tariff soy beans from the US in retaliation, but they also are looking at soy beans from Canada at the same time. He is not doing American farmers any favors. LOL
Yes Mr. Trump, most of your goods can be produced outside of the US. Stop watching FOX only and listen to "ALL" your people and not just your electoral base.
The American Shadow Government has put the rope around the tree branch. They are now waiting for Trumpster to put his fat, girly head in it. He's a bad joke being played on all of us. Mr. Trump. "You're Fired".
We do have a very strong economy with the Fed predicting second quarter GDP at 3.7%. Canada already has 19000 plus tariffs on US. Do your homework bitch. Your buddy Obama had a sub-par 2 % economy with his last quarter being 1.7%
Ok, Trump wants a trade war? Let's give him a trade war.
I will hereby boycot every single product made in the USA. And I will also advice everyone I know to do the same and tell others too.
This will continue until Trump gets impeached from office. I've had it with this childish idiot. He's screwing over the world and he has to be stoppped. Remove his worthless ass from the Oval Office before he destroys everything. IMPEACH TRUMP!
I'll say this again: In ten to twenty years you will see a drastically disabled executive branch with management by committee and a lot more legal restrictions on both candidates and the President. Or you could see a dictatorship. People are stupid-hopefully not that stupid.
um TYT...they already do Tariffs on us..they are only threatening to raise then higher..But they will lose this fight..Anyhow how Shameful you are siding against Americans to keep unfair trade that suppresses and destroys American producing anything..Just like a Democrat..side against Americans ..side against America...
A lot of Dump's supporters do not realize everything in Walmart is made in China, it's true. Americans want work for $37 a month, if the jobs come back, would you work for $3.75 an hour? Think about your nationalism before you answer. MAGA y'all.
Oh yes the consumer will pay at the end, definitely not the rich class. They will raise the price to keep their multi million dollar bonuses and blame it on the tariffs. Just make local american shit and sell it to local Americans for now. I'm pretty sure this will stop US companies from exporting materials to china, having the Chinese assemble the products at slave wages and ship back the product to the States to sell it to the "rich" middle class Americans at 100 times the price.
There is no situation he wins this trade war.
The USA is a serviced based industry, much like the UK. Trade isn't something it can simply throw under the bus, it's industrial landscape is either too high on the process ladder or not in any state to support the demand of consumers. He can ban exports from the US all he likes but again it's a service based Country, there isn't much of anything anyone really cares about that impacts other nations trading with the USA.
Raw Materials necessary for Microchip production
Raw Materials necessary to build said cars and motorcycles.
There is no winning this. The rest of the world knows it. But Trump will use this to prop up his base in order to try and survive the elections, it'll only be later that they start noticing the prices for products going up.
Trump will end the tariffs after some days when he realise his businesses build a lot of stuff in VA-CHINA, and with tariffs his own businesses will do less profit. The guy blames others for not using US workers, but produces his own skirts and ties in VA-CHINA.
Trump knows exactly what he is doing. He knows he's wrecking America and he doesn't care. It is all about hiding the fact he is a weak, fat, old, stupid atrocity. If his brother, Fred, were alive, he'd put a bullet in Donald's head. The problem is that 40% of Americans also know exactly what he is doing and don't care. They're desperate for history to not label them as the generation that destroyed America, even if it means doubling down over and over again... even if it means they bankrupt their children's futures.
our so-called allies they they've been milking us riding on back the last 50 years well we have a country full of useless people on welfare but don't want to work cuz the rest of the world's got the jobs
If I werent ocuppied being concerned about the EU lobbists trying to pull ther own version of net neutrality murder I might laugh at the manchild being such an obnoxiously Ignorant colonial supremacist imperialist.
Go back and check . Before these tariffs get into effect. ....... Triumph and his allied must have brought scores of construction material or all the steel and aluminum they could buy in the previous months.
Tyt is absolutely pathetic, under obama, and in hopes of sanders you morons called for tariffs now you claim tariffs are bad for our economy. You’re company is a joke and you show no respect for your audience thinking they have no memory
Well if Trump has this backwards as your wanting us to believe the proof will be in the pudding as bill cosby would say and since cosby has had his tongue in enough pudding to know lets wait and see for ourselves. The american public has been lied to for so long by you in the left wing fake press that i'm gonna hold myself off from jumping to conclusions that you and the press have jump to for so long and been wrong so often i think that would be best for all concerned. Hey you may be right once, who knows?
Let me explain to you guys why it's considered national security. The US along with a lot of other countries have a stockpile of critical material for war e.g. oil, metal, rubber (for tires), nuclear material, etc. It's okay to make sure you have an extremely secure supply source for these materials. Ideally, these supply sources should be under your absolute control. The US makes about half of the steel they use, I don't know about aluminum. So, even in bad time, the government could restrict steel supply for non-military use.
Things have to be pretty bad for Canada, the EU, and Mexico to say no exporting steel to the US. The argument has a little substance, but you can use the exact same argument to say that the US should not export weapon to any country under the interest of national security. They don't do that because the US is the largest exporter of Weapon, and that would really hurt their industry.
I am so tired of the news recently. It's depressing.
The Young Turks were a genocidal organisation, responsible for the mass-slaughter of Armenians. To name a show after murderous savages says much about the liberals. Even worse, Kasparian is of Armenian descent, yet she shares the stage with a denier of the Armenian genocide. What would happen if a show were called "The Young Nazis"? Pure left-wing hypocrisy.
The Young Turds are as stupid as it gets. Ana is the butt end of most jokes at high schools and most college kids just ignore her, they said she had acquired that bitter older woman syndrome where she spits out remarks then goes outside to smoke. Ana has Hate speech down pat.
"Devil is in the detail" I agree, I believe the nation's are all in this together, government is broke they have taxed the people to the max if we start a tariff war it's easy money for the government and Trump is the bad guy. Actually a puppet
Viagra Plus is a new formulation of world-known medication enhanced with the most active and reliable herbs that give you a new feeling of unlimited potency, over-whelming desire and incomparable endurance. Levitra cheap us pharmacy no prescription