Well my Patriot Friends, all good things must come to an end...... PAO has had an incredible run and we've built a solid Patriot community. Unfortunately, due to health and financial considerations, PAO will cease on 6/30/2024. There are many more platforms today than there were when I created PAO, so I'm sure we will come across one another on them. I can always be reached at proamericaonly@gmail.com so don't hesitate to reach out and keep in touch. Together, we're going to take our country back, and it's going to be historic! It's always a good idea to stay stocked up, be prepared, keep your eyes open and have a team to watch the neighborhood. And one last word of caution - do NOT take any more shots!!! I will miss each and every one of you and I wish you all the best as we prepare for our final battle for control. Here's to President Trump's Inauguration and to Making America Great Again!
UPDATE: After much discussion with tech support, we are going to convert over to a blog, including all of the articles I've written through the years. This way, I can invite each of you to be a participant/contributor so we can continue to discuss important matters of the day! In order to accomplish this, we will be up and running until we convert over which will be approximately July 15th. So let's continue to enjoy the site until it is converted over, and then we'll figure out how to best use it from there. I am ecstatic to have a path for continuing to communicate with each of you!
We should all be concerned about how the trade war is affecting the United States. President Trump is working with the European Union, with the mutual goal of reaching an agreement with zero tariffs, zero non-tariff barriers, and zero subsidies for non-auto industrial goods. This is an exciting new phase in the relationships between the US and the EU. It's great to see President Trump working out new deals that are better for America! Please read the following article from our guest poster and let us know what you think about the trade war in the comments.
One of the key ingredients to maintaining a positive global marketplace is collegial trade between countries. Many partnerships are strong and create a win-win situation for all concerned parties.
But, there are still many countries who cannot come to an agreement about the ratio of imports to exports between the nations. These disagreements can escalate into imposed tariffs and the beginnings of a trade war.
So why should we be concerned about tariffs and trade wars? Here’s what you need to know.
A trade war occurs when nations enforce quotas or tariffs on imports and foreign countries retaliate in a similar fashion. As it intensifies, a trade war stymies international trade.
A trade war can begin when a nation tries to protect domestic industry and create jobs, and at times it can work in the short-term. But long-term, a trade war costs jobs and dampens economic growth for everyone. It can also generate inflation because tariffs raise the prices of imported goods.
America’s last major trade war happened after imposition of the 1930 Smoot-Hawley Tariff, which increased 900 import tariffs from 40-48%. It was supposed to support U.S. farmers whose land had been devastated by the Dust Bowl, but it resulted in higher food prices for Americans who were already crippled by the Great Depression.
America’s trade partners at the time hit back with their own tariffs and global trade fell by 65%, worsened the depression, and contributed to the beginning of World War II.
After Smoot-Hawley, the country suffered tremendously. The general public had little understanding of tariffs or trade agreements.
CLICK HERE to read more about how the trade war affects America.