The threats of President by Twitter

Just as well Robert  Muldoon didn’t have Twitter, he meddled and tried to manage a lot of things himself, and the country ended up nearly going broke.

However Donald Trump seems to be trying to influence a lot of things via Twitter.

ODT: Trump threatens border tax on GM

President-elect Donald Trump has threatened to impose a “big border tax” on General Motors Co for making some of its Chevrolet Cruze compact cars in Mexico, an arrangement the largest American automaker defended as part of its strategy to serve global customers, not sell them in the United States.

Trump’s comments on Tuesday marked his latest broadside aimed at an American company over jobs, imports and costs before he takes office on January 20, signaling an uncommon degree of intervention for an incoming US president into corporate affairs.

“General Motors is sending Mexican made model of Chevy Cruze to US car dealers-tax free across border. Make in USA. or pay big border tax!” Trump said in a post on Twitter.

Trump did not provide further details but previously vowed to hit companies that shift production from America to other countries with a 35% tax on their exports into the US. He also has denounced the North American Free Trade Agreement between the US, Mexico and Canada.

If he taxes US companies for manufacturing offshore for international markets he will make some of them uncompetitive, and it will impact on their viability in the domestic market.

That’s a significant potential threat to the US economy.

President by Twitter could be a bigger threat.

Leave a comment

21 Comments

  1. Joe Bloggs

     /  4th January 2017

    “With all due respect, America cannot afford a Twitter presidency,” Mr. Schumer said. “Many Americans are afraid, Mr. President-elect, that instead of rolling up your sleeves and forging serious policies…that, for you, Twitter suffices.”

    http://www.wsj.com/articles/sen-schumer-says-a-trump-twitter-presidency-wont-work-1483475139

    Ironically, The Cheezel’s tweets seem to have the opposite effect to that intended:
    – Trump tweets criticisms of the New York Times, which then benefits from a surge in subscriptions
    – Trump tweets criticism of Vanity Fair, and subscriptions go through the roof
    – Trump tweets criticism of Boeing, and shares rebound to a 2 year high
    – Trump tweets criticsm of Amazon and shares climb by 30%

    Possibly the greatest benefit of the Cheezel’s weaponising of Twitter will be his unerring ability to display his incompetency.

    Reply
    • Kitty Catkin

       /  4th January 2017

      If I can tell that a 35% border tax will make the taxed things uncompetitive-how many jobs could that cost in the US ?-it should be obvious to anyone.The flow-on effect could be disastrous.

      A car that cost $100 (I wish) now costs $135. That means that the buyer has $35 less for other things-or keeps the old car longer. The dealer can’t carry a 35% rise and nor can the makers. If enough people put off buying a new car, the people importing and selling them lose and jobs go. If the buyer has $35 less because he has to buy a car…..he has less money to spend on other things. One doesn’t have to be an economist to see the consequences. The Orange-utan is full of sound and fury, signifying nothing, on other things, let’s hope that he sees sense on this one.

      Reply
    • David

       /  4th January 2017

      Can I ask how you know what he intended?

      Reply
  2. Klik Bate

     /  4th January 2017

    My niece in the US retweets….. XD

    Reply
  3. Alan Wilkinson

     /  4th January 2017

    Amazon share price well below October high:
    https://www.google.co.nz/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF-8#q=amazon+share+price

    Boeing share price is good because its Dreamliner has succeeded and the Airbus A380 has failed.

    Schumer is impotent now. Get used to it.

    Reply
    • Joe Bloggs

       /  4th January 2017

      Amazon shares currently at US$753.67 well above December 2015 when the Cheezel tweeted

      Boeing shares are still on a 2 year high despite the Cheezel’s tweeting

      Schumer may be impotent in the eyes of the Alt-White but that’ll never silence me.

      Reply
      • Alan Wilkinson

         /  4th January 2017

        Trump had no influence a year ago. Irrelevant.

        Why would I want to silence you, Joe? I like seeing what the Left’s best shots are.

        Reply
  4. Noel

     /  4th January 2017

    Real paper tiger stuff.
    Car compknents are made worldwide then assembled and the brand holders plants.
    How is US Customs gojing to differentiate between one set of sterring gear imported by a subcontracter.suppling many brands?

    Reply
    • Joe Bloggs

       /  4th January 2017

      yup, neoliberalism thrives on porous borders

      Reply
      • Kitty Catkin

         /  4th January 2017

        I hadn’t thought of the components being made all over the place-excellent point. He’ll have to add 35% to all cars, because they’re not MADE locally 😀 Well, I imagine that they are not. Someone really ought to tell Trump which orifice he should be speaking out of.

        Reply
  5. Kitty Catkin

     /  4th January 2017

    It’s extremely undignified to use Twitter for this sort of thing. And it’s not a good look to be throwing his weight around before he’s even been sworn in. I imagine that he’s been sworn at many times-perhaps he thinks that they are the same thing.

    Reply
    • NOEL

       /  4th January 2017

      Kitty, Twitter use is predominately media, sports people and some politicians,
      The lesson from Trump to us is if you have and issue and you are not getting traction open a Twitter account because you can guarantee that some hack journalist will pick up on it, and sadly mainstream media will promulgate it further.

      The amount of media reporting which originates from social media is an insult to the reader.

      Reply
  6. Conspiratoor

     /  4th January 2017

    A day or two ago I was patched through on the VOIP phone to my harley hirers in the US. However something went pearshaped and I found myself eavesdropping on a conversation between a macho american with a manhatten accent and a softly spoken russian with a wet mouth

    Look Vlad, the ME’s a shithole. Here’s the deal…

    You can do what you like in Syria I don’t care. But this is what I’m going to do…

    First up I’m going to blockade the persians back to the stone age

    Then I intend to open up our vast fossil fuel reserves. We are self sufficient for the rest of this century. So I don’t give a rats arse what happens to Iraq. However I will continue to service ISIS assets from the air. With bad shit if necessary

    Now to our jewish friends. And you must understand this Vlad. The United States stands with Israel. We will give them carte blanche to take the fight to the bad guys. The gloves are off so to speak. And there is no leverage with the UN. They will come into line or the US withdraws and pulls the plug on their funding, in which case they cease to exist

    So Vlad, how do you like Trump Tower? I designed it myself.

    Reply
    • A good laugh, Conspirator. If Donald and Vladimir were able to talk to each other like that, the world would possibly be a better place. I guess (in the absence of believable research results) that most US citizens believe Russia to be the US’s greatest threat, and is “the Enemy”. Certainly the Military/Industrial complex of the US needs a continuation of a threat from a technology advance enemy to justify the continuing huge bill for Defence and Security of the US. Think about how prosperous the US could be if half of that amount was available to add to US prosperity by improved welfare and social circumstances?
      The big problem, that I know is shared by all Intelligence and Foreign Policy Analysts is that no one actually knows what the Trump Plan and consequential policies is or will be. So we continue to speculate, probably for nugatory reward!

      Reply
      • Gezza

         /  5th January 2017

        Affirmatory!

        Reply
      • Conspiratoor

         /  5th January 2017

        Thanks colonel, I believe Iran are moving quickly to take Iraq. The key to keeping the lid on is not sidle up to Iraq because they are basically toast. But for the US to strengthen ties with the non-jihadi sunnis, our Kurdish brethren, possibly by establishing a large military base there. Best analysis I’ve seen is in following link. Worth a read although anti-semantics will self destruct if they click the link

        Reply

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