{"id":351167,"date":"2018-03-07T16:44:00","date_gmt":"2018-03-07T15:44:00","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/newswire\/warns-us-will-lose-a-trade-war\/"},"modified":"2018-03-07T16:44:00","modified_gmt":"2018-03-07T15:44:00","slug":"warns-us-will-lose-a-trade-war","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/newswire\/warns-us-will-lose-a-trade-war\/","title":{"rendered":"Warns \u2018US Will Lose A Trade War\u2019"},"content":{"rendered":"<div>\n<p>      <!-- START CONTENT --><\/p>\n<p><strong>\u201cWe stand to lose in a big way\u201d<\/strong><\/p>\n<p><strong>Steve Watson<\/strong><br \/>Prison Planet.com<br \/>March 7, 2018<\/p>\n<p><strong>Senator Rand Paul has warned that the US is in grave danger of coming out second best if President Trump pursues a trade war through tariffs.<\/strong><\/p>\n<p>Appearing on Fox News, Paul outlined his disagreement with Trump\u2019s trade proposals.<\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/79kl_L_aVgU\" width=\"640\" height=\"360\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>\u201c[A] tariff is a tax, and typically Republicans, conservatives, have not been for more taxes. So, I\u2019m against new tariffs. They\u2019re simply a tax on the consumer.\u201d the Senator said.<\/p>\n<p>Paul argued that the tariff plan is \u201cthe wrong thing to do.\u201d<\/p>\n<p>\u201cIf you look at steel use in our country, there are 60 people purchasing steel for every person making steel in the country. So, there\u2019s a lot of people who purchase steel that are going to be hurt by this.\u201d the Senator explained.<\/p>\n<p>\u201cMy state alone exports $20 billion worth of products, including a lot of farm and agricultural products. And if there\u2019s a trade war, we stand to lose in a big way.\u201d Paul continued.<\/p>\n<p>\u201cAnd really, the United States will lose in a trade war.\u201d Paul urged.<\/p>\n<p>Trump signaled last week that he will seek to impose sweeping tariffs of 25% on imported steel and 10% on imported aluminum, in a bid to recoup billions of dollars lost each year, given that the US imports more than it exports from countries like China and Mexico.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\">\n<p lang=\"en\" dir=\"ltr\">When a country (USA) is losing many billions of dollars on trade with virtually every country it does business with, trade wars are good, and easy to win. Example, when we are down $100 billion with a certain country and they get cute, don\u2019t trade anymore-we win big. It\u2019s easy!<\/p>\n<p>\u2014 Donald J. Trump (@realDonaldTrump) <a href=\"https:\/\/twitter.com\/realDonaldTrump\/status\/969525362580484098?ref_src=twsrc%5Etfw\">March 2, 2018<\/a><\/p>\n<\/blockquote>\n<p>Elsewhere during the interview, Paul said that he has spoken with Trump regarding the subject of federal government access to American\u2019s personal information.<\/p>\n<p>\u201cI think that nobody \u2014 nobody in law enforcement \u2014 should be looking at American\u2019s&#8230;<\/p>\n<\/div>\n<p><a href=\"http:\/\/www.prisonplanet.com\/rand-paul-breaks-with-trump-warns-us-will-lose-a-trade-war.html\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cWe stand to lose in a big way\u201d Steve WatsonPrison Planet.comMarch 7, 2018 Senator Rand Paul has warned that the US is in grave danger of coming out second best if President Trump pursues a trade war through tariffs. Appearing on Fox News, Paul outlined his disagreement with Trump\u2019s trade proposals. \u201c[A] tariff is a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[519],"tags":[],"class_list":{"0":"post-351167","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-newswire"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/351167","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=351167"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/351167\/revisions"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=351167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=351167"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=351167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}