@CharlieD💙🟦🌈🇺🇸🟧 (@budshirl) 's Twitter Profile
@CharlieD💙🟦🌈🇺🇸🟧

@budshirl

Retired Engineer, 70+, veteran, NY Yankees fan,#bluewave #theresistance #ITMFA. DM’s ignored. MAGAT’s not tolerated! F-ck Trump! Harris2024! F-ck the NRA!💙🟦

ID: 762845906

calendar_today17-08-2012 02:52:47

94,94K Tweet

3,3K Followers

4,4K Following

Lawrence H. Summers (@lhsummers) 's Twitter Profile Photo

Aside from the general issues about Trump‘s tariff and his economic nationalism strategy, today’s actions against Canada and Mexico are inexplicable and dangerous. 1/8

Lawrence H. Summers (@lhsummers) 's Twitter Profile Photo

Second, as the tariffs are passed on to consumers and then other firms raise prices to match their competitors higher prices, this will hurt American job creation by making American firms less competitive. Much of what we export, involves imported inputs. Cars move

Lawrence H. Summers (@lhsummers) 's Twitter Profile Photo

Third, this will force our allies to retaliate, and I presume they will retaliate in ways that are designed to maximize our economic pain. 4/8

Lawrence H. Summers (@lhsummers) 's Twitter Profile Photo

Fourth, it is hard to imagine a better way to increase migration on our southern border than by destabilizing the Mexican economy, as these tariffs set out to do. 5/8

Lawrence H. Summers (@lhsummers) 's Twitter Profile Photo

Fifth, as the opening foreign policy move of a new Administration this punishes our closest allies and rewards our adversaries. The idea of diplomacy is to unite your allies and divide your adversaries. Why are we doing the opposite? 6/8

Lawrence H. Summers (@lhsummers) 's Twitter Profile Photo

If the United States shows that it is willing to arbitrarily impose tariffs as a form of hostage taking for leverage, then other countries will find us a bad partner. This will undermine our economy, our power and our national security. 7/8

Lawrence H. Summers (@lhsummers) 's Twitter Profile Photo

These actions are an important test for the American business community. They know this is not a pro-business strategy to promote economic growth. I hope business leaders have the courage to say so. 8/8

Thomas Beyer (@thomasbeyer) 's Twitter Profile Photo

Lawrence H. Summers "Our peaceful trading partners are not our enemies; they are our allies. We should beware of the demagogs who are ready to declare a trade war against our friends—weakening our economy, our national security, and the entire free world—all while cynically waving the American

Fred Guttenberg (@fred_guttenberg) 's Twitter Profile Photo

Absolutely correct Adam Kinzinger (Slava Ukraini) 🇺🇸🇺🇦. I keep waiting for elected Democrats to realize that they need to completely change their approach. This would be a great way to start and today would be a great time to do so.