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Dividend Roundup: Oracle, Colgate-Palmolive, AIG, Broadcom, and More
Barclays criticizes Trump's tariff plan: will damage the profits of European and American companies, and impact the real economy of the usa.
Barclays strategists warn that Trump's proposal to significantly increase tariffs will have a detrimental impact on the profits of transatlantic European and American companies. They point out that the US real economy may be hit by as much as 1.4 percentage points.
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Kieron Morley : The only reason Trump got on Europe's case was the Chinese started to dump their subsidized surpluses through Europe once Obama raised steel tariffs on China in early 2016 (yes Obama started the tariff war with China not Trump). Note the part of the agreement that ensures European Steel is made in EUROPE. This is why that's in there.
William Paul : The people who are promising that no steel from China gets imported via this are the same people who assured everyone of the orderly withdrawal from Afghanistan. US manufacturing gets the shaft of course, as usual. Harley Davidson sells what, 5-10% to EU? Joe from Scranton Building Back Better.
Brandon Golden William Paul : Things were going good, why change them. Let EU ride BMWs
John Dow Brain Gomes : Didn't they move production due to the excess cost of goods?
John Dow : Europe is having a huge energy crisis. I doubt they will be able to produce steel or aluminum cheaper than US.
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