{"id":136755,"date":"2018-06-14T20:03:14","date_gmt":"2018-06-15T02:03:14","guid":{"rendered":"http:\/\/hill-kleerup.org\/blog\/?p=136755"},"modified":"2018-06-16T00:33:47","modified_gmt":"2018-06-16T06:33:47","slug":"lets-raise-a-glass-to-trade-wars","status":"publish","type":"post","link":"https:\/\/hill-kleerup.org\/blog\/2018\/06\/14\/lets-raise-a-glass-to-trade-wars.html","title":{"rendered":"Let’s raise a glass to trade wars!"},"content":{"rendered":"

When you bump up tariffs, and other countries bump up tariffs in response, guess what happens?<\/p>\n

    \n
  1. Stuff that’s imported or relies on imported materials gets more expensive for American consumers.<\/li>\n
  2. American businesses that rely on exports — and the American states that rely on tax income from them — lose bigly.<\/li>\n<\/ol>\n

    The American Bourbon industry — and, pretty much, all American distilled spirits — just got shivved by Donald Trump. But, hey, at least he gets to look tough, and that’s the important thing, right?<\/p>\n

    Cheers!<\/p>\n


    \n
    \n<\/a>
    \n    Trump\u2019s Trade War Just Firebombed The Bourbon Industry In Kentucky<\/a><\/span>
    \nThe European Union and Mexico have kept a promise to retaliate against Trump\u2019s nonsensical trade tariffs with trade tariffs of their own.<\/p><\/blockquote>\n

    Original Post<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

    When you bump up tariffs, and other countries bump up tariffs in response, guess what happens? Stuff that’s imported or relies on imported materials gets more expensive for American consumers. American businesses that rely on exports — and the American states that rely on tax income from them — lose bigly. The American Bourbon industry … Continue reading “Let’s raise a glass to trade wars!”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":135057,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_analysis_target_kw":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[106,35,77,10,1071,74],"tags":[1682,1664,1077],"class_list":["post-136755","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-plusposts","category-big-business","category-economy","category-geopolitical-brouhaha","category-trump","category-food-drink-wine","tag-bourbon","tag-tradewar","tag-trump"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2017\/10\/Trump-smug.jpg","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":136028,"url":"https:\/\/hill-kleerup.org\/blog\/2018\/04\/01\/guess-trump-doesnt-need-farm-vote.html","url_meta":{"origin":136755,"position":0},"title":"I guess Trump doesn’t need the farm vote","author":"***Dave","date":"Sun 1-Apr-18 9:51pm","format":false,"excerpt":"Surprising absolutely nobody (except maybe the President of the United States), China is retaliating on Trump's Chinese aluminum and steel tariffs with 15% tariff on American fruits and nuts (China is the third largest importer of such items, or at least has been) and 25% on pork and other goods\u2026","rel":"","context":"In "~PlusPosts"","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2018\/04\/american-and-chinese-flags.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":137442,"url":"https:\/\/hill-kleerup.org\/blog\/2018\/11\/07\/protecting-american-farmers-who-are-actually-chinese.html","url_meta":{"origin":136755,"position":1},"title":"Protecting American Farmers (who are actually Chinese)","author":"***Dave","date":"Wed 7-Nov-18 6:17pm","format":false,"excerpt":"Because the tariff war between the US and China is hurting American farmers, Trump has set up a special farm bailout program to make up for the losses his actions have cause.In a nicely recursive fashion, that will in turn help some American farms that are own by Chinese agricultural\u2026","rel":"","context":"In "~PlusPosts"","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":132926,"url":"https:\/\/hill-kleerup.org\/blog\/2017\/02\/24\/tariffs-and-taxes-and-trade-theyre-complicated.html","url_meta":{"origin":136755,"position":2},"title":"Tariffs and Taxes and Trade. They're Complicated","author":"***Dave","date":"Fri 24-Feb-17 8:52am","format":false,"excerpt":"Slap a tax on imports? Remove taxes on exports? Creating jobs and improving the economy look like they will be a bit more complicated than that, even if the politics of making it happen were trivial.But these kinds of causes and effects also take time. Which means Trump can make\u2026","rel":"","context":"In "~PlusPosts"","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135055,"url":"https:\/\/hill-kleerup.org\/blog\/2017\/10\/10\/men-just-want-watch-world-burn.html","url_meta":{"origin":136755,"position":3},"title":"“Some men just want to watch the world burn”","author":"***Dave","date":"Tue 10-Oct-17 6:32pm","format":false,"excerpt":"Why would Donald Trump impose tariffs on imported solar panels, when even conservative groups like the Heritage Foundation think is awful policy? Because he can. Because then he's imposing tariffs and can tell his base that he's sticking it to those unfair foreigners and all their dumping and job stealing,\u2026","rel":"","context":"In "~PlusPosts"","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2017\/10\/solar-panels.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":128648,"url":"https:\/\/hill-kleerup.org\/blog\/2015\/11\/08\/nice-regulatory-structure-if-you-can-get-one.html","url_meta":{"origin":136755,"position":4},"title":"Nice regulatory structure, if you can get one","author":"***Dave","date":"Sun 8-Nov-15 9:11am","format":false,"excerpt":"Among the other concerns with the Trans-Pacific Partnership treaty, now before the Senate for an up\/down vote, is that it turns any attempt to regulate the finance industry in a way that arguably reduces its profits into a law suit at an international tribunal.'The TPP, a 12-nation pact with countries\u2026","rel":"","context":"In "~PlusPosts"","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":31392,"url":"https:\/\/hill-kleerup.org\/blog\/2012\/11\/16\/gimme-some-sugar-sugar.html","url_meta":{"origin":136755,"position":5},"title":"Gimme some sugar, Sugar!","author":"***Dave","date":"Fri 16-Nov-12 9:06pm","format":false,"excerpt":"Union workers striking\u00a0to maintain their already-cut salaries? \u00a0Dirty commie taker socialists!Sugar companies relying on protectionist import restrictions and tarriffs\u00a0to keep American sugar prices twice that of the world market? \u00a0Supporting good ol'\u00a0American agri-business!So ... which one actually did Twinkies in?(http:\/\/www.mjperry.blogspot.com\/2012\/01\/sugar-tariffs-cost-americans-386.html for more on domestic vs. world sugar prices.) Embedded Link\u2026","rel":"","context":"In "~PlusPosts"","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/136755","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/comments?post=136755"}],"version-history":[{"count":1,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/136755\/revisions"}],"predecessor-version":[{"id":136791,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/136755\/revisions\/136791"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/media\/135057"}],"wp:attachment":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/media?parent=136755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/categories?post=136755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/tags?post=136755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}