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[quote user="Shadow the Cats owner"]One thing to remember in a trade aka Tarrif war it is the country running the defict that normally wins the thing. [/quote] If it were so easy. I might remember you of the failure of the Smoot-Hawley Tariff Act of 1930 which didn't cause the great depressing it prolonged it and hurt the USA's and the world's economy. In March 2002 President George W. Bush imposed steel tariffs. He lifted them in December 2003 after the WTO ruled them illegal. The results of the tariffs were at best neutral. The current tariff system was decided on in 1998 in a conference with the USA. And not only other countries tried to protect some of the products. The USA did it too. The often cited automobile market is a good example. The EU has tariffs for all US cars including SUVs of 10%. The USA has tariffs for EU cars of 2.5% and EU SUVs and light trucks of 25%. [quote user="Shadow the Cats owner"]Germany over 150 Billion a year in cars to.[/quote] You say Germany exports cars worth 150 billion to the USA? Here are the numbers from the official German trade statistic for 2017: Exported to the USA 494,000 cars worth 28 billion EUR ( about $33,6 billion). At the same time German car manufacturers built 850,000 cars in American factories empoying about 50,000 Americans. About 25% of these cars were exported to Europe. Both EU and China had offered negotiations but not with a gun at the had. Before Mr. Trump became president the Transatlantic Trade and Investment Partnership was negotiated. He stopped the negotiations. [quote user="Shadow the Cats owner"]No other single nation can consume what the USA does and the rest of the world is about to find out they better open up their markets to our goods really fast or face the facts that our money will no longer be coming to their countries anymore.[/quote] You might be right about the size except for China, but your conclusions are wrong. Why does the USA have these large deficits? Looks to me like Americans like foreign products better than Made in USA or they are less expensive. So when there aren't coming goods from China or the EU or other countries anymore. Where does the USA get them from? Not only the other countries will suffer, the USA and its consumers and workers will as well. China has a totalitarian system. Their government will not feel pressure from the people. That is different in the USA. What will happen when people realize that they have to pay more for goods or farmers can't sell their crop to China anymore because the get it elsewhere. There will be no winners in a trade war only loosers all around the world including the USA. Regards, Volker
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