Wednesday 7 March 2018

We Don't Need Your Stinking Peanut Butter

With his extra marital affairs with a porn actress still in the news, the Trump idea of trying to get everyone to look elsewhere is in full swing and rather than concentrate on where his tiny little pudgy hands have been straying its the impending Trade War everyone is discussing.
He may have declared that Trade Wars are easy to win but as a five time failed businessman he may not be the best person to take economic advice from especially if you are an American exporter of peanut butter. 
The American food spread is the latest to be tacked onto a growing list of things which will be targeted by the European Union if Trump goes ahead with his threat to add a 25% surcharge on steel and 10% on aluminium with his economic adviser Gary Cohn already quitting over the controversial plans.
The provisional list of US products that will face punishing EU tariffs is being drawn up and EU leaders are meeting at the end of March in Brussels to discuss what else should be added to the list.
As well as Peanut Butter, exporters of jeans, bourbon whiskey, Harley Davidson motorbikes, cranberries and orange juice should be concerned as they are the first in the sights of the EU and with the rest of the World making their own lists, the only thing that could come easy for Americans could be unemployment cheques as Trump makes America not so great as it was before he got his teeny tiny hands on it.

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