Tariffs

‘At the moment there is no trade with China, that is the moment Taiwan will be taken by force’….Rand Paul. Eloquently said and pointing to a little discussed fact, without our economic ties political behavior will be very different.

So, many wise men want to punt, ignore the warts keep going and eventually they will recognize our system is best. But unfortunately there is almost no evidence that’s true. Yes Albania has opened it’s beaches but China and Russia remain 19th century countries.

‘Tariffs are rapidly morphing into a reevaluation of our relationships around the world. Differences are being surfaced, hidden antipathies coming to the surface. It’s a dangerous time

Amrerica maks up 15% of the global market. Dont overrate them. Sure Big Tech is ahead, but their other products are not much different than the rest of the world

. The damage they are doing, it would be better to just exclude them from the global economy than accept their terms.

Dealing with Trump, is like dealing with a mob boss. The MAGA base will only understand when they start losing their jobs

"Out of curiosity, how long is short term for you?"

Less than a year, probably way less than 6 months...he's trolling your hysterics and you're falling for it every time...he's on the right side of the big issues every time.

Less than a year, probably way less than 6 months...he's trolling your hysterics and you're falling for it every time...he's on the right side of the big issues every time.

Yes hysterics, trillions wiped off the stock market, the dollar dropping value and a sell off in US treasuries.

This isn't the art of the deal, this is not Donald Trump playing 4D chess, this is simply Donald Trump being a f**king moron who's been forced into a humiliating retreat.

The Trumpanzee species worship their master. He can do not wrong.

If it does xyz, it is great. Then, if he stops doing xyz, it is great...

azxcvbn

.

.

The Penguins are relieved....

I've said before that what makes Bozo so dangerous is he's so conceited that he thinks he knows better than his adviers. This whole trariff shambles is another example.

Bozo's advisers warned him that his tariffs could wreck the economy but the vain, bungling idiot pressed ahead anyway, resulting in trillions of dollars being wiped off the stock exchange and the average retirement package in the USA being reduced by over $100 000.

Only after Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick showed a but of spine and presented a united fromt to Bozo, explaining how stupid and reckless he was being, did Bozo finally relent . . . and now - because the incompetent fool is incapable of admitting he was wrong about anything - he's trying to pretend it was all planned.

So let's hear from our resident Trumpanzees . . . are you lot so stupid and gullible that you believe this latest nonsense about it being all planned or are you willing to admit your hero screwed up and is the last person who should be entrusted with running an economy?

You have more of a chance squeezing water out of stone than getting an honest admission from the Trump Puppets.

Their cult hero is never wrong. You know it, we all know it.

Nicely put by SharkBok.....If it does xyz, it is great. Then, if he stops doing xyz, it is great...

Never thought I'll see the day when the stock market is treated like a soccer ball.

But then again all things are possible going by his now famous mantra..."Bet you haven't seen this before"

What an egotistic, arrogant and narcissistic blithering buffoon.

"So let's hear from our resident Trumpanzees . . . are you lot so stupid and gullible that you believe this latest nonsense about it being all planned or are you willing to admit your hero screwed up and is the last person who should be entrusted with running an economy?"

A stony, sullen silence ensues . . .

Liberal economics, all a story. Just a few for the road: USD lfowing out of the US, making the US poorer, could be if the US was not mere bits on a hard disk and virtually in unlimited supplies. The US trade deficit should be solved by other people as they are coerced in consuming more in order to match US consumption rate. The very idea that the US could solve their trade deficit by consuming lass is out of the question. The US way of life is hallowed and therefore it is the duty of other people to empoverish themselves so WeThePeople can maintain their high rate of consumption.

Liberals are blasting their own liberal economics tenets, it is incredible. It is one of these things that ensures they will have to get rid of hundreds of millions of people around the world as they have been forcing those same economical tenets on countries, pushing them in deeper povery so they could enrich themselves.

“No, it’s not enough… We have a deficit with the European Union of $350 billion and it’s gonna disappear fast.”

Trump said that deficit could be wiped out immediately if the EU buys an equivalent amount of U.S. energy:

“They can buy it… we can knock off $350 billion in one week

The most notable factor in all this is that all the liberal economics priests are keeping quiet while their hallowed theology is being battered down by the US as the US now feel the tenets no longer serve them. Very funny as liberal economics appear for what it is: the will of the strong extorting the weak, the rich farming the poor. All mathematical formulas are just sugar coating the stuff as shown by the formula given by the US government about the trade deficit dresed as tariffs. The EU importing that much energy to do what but to ramp up their own production of goods and therefore flood the US market with them, making the trade deficit worse? Or maybe Trump suggests that the EU cancels their energy deals with other countries to make room for the US, opting for the very unreliable US partner? Drivel, after drivel, nothing to worry about though, white people self declare as the most intelligent part in humanity so....

Talk about a V shaped recovery.

I

Shame the TDS groupies are besides themselves.

GREAT.

Arfur, are you in favour of Trump's shocking treatment of your beloved Canada &/or are you keen to be a member of the 51st State of the USA ??

I hope everybody bought some Apple and Tesla

Liberals are now used to pick up the consequences of their actions they want to live by. As an effect, they speak liberately, without measuring any consequences of their words. That is how they are so unreliable.

So the narrative is that DJT has pushed the world where he wanted it to be. The art of the deal. Taking this as the hypothesis. The Trump adminstration has distorted the trade balance issue by deliberately removing services from the data sheet. it is only about goods. When services are included, the trade imbalance between the EU and the US amounts to 50 billions dollars. Without services, 350 billions dolalrs or something. The EU for various reasons has been unable to correct Trump's trick and has been talking on Trump's terms. The EU has adopted Trump's lie on the reality of the EU US trade relationship. So now Trump (in order to dismiss the EU offer he knows will work against the US industry since it has fallen behind, a zero for zero tariff relationship will only strengthen the EU contries wichi already strong industrial capabilities like Germany or Italy.) Trump says the EU must consume 350 billiios worth of energy. Once put back in the full picture of the trade relationship, Trump advocates for the EU to accept a 300 billions trade deficit when services are once again factored in. Moving the imbalance slider from 50 billions to 300 billions. That is the art of the deal. The US was screwed by the EU because of a 50 billions imbalance, of course, the EU will not be screwed by a 300 billions imbalance. Can anyone spell malevolence?

Haha did anybody react any of the unintelligible horse kak?

lol he thinks people actually ready it

whahahahaha

Stav, it's simple arithmetic. If more flows out than comes back in, the country is getting poorer

Kolsmanskop incoming. Victimhood is so high among liberals they feel the urge to distort a basic observation.

Money is debt. Money is a social covenant that lives up to the expectation of being redeemed later. As long as it is not done,people who have money in their pockets and trade goods or whatever against it are empoverisdhed. Money is postponed consumption that relies on the promise consumption is going to be doable in the future.

As it does not stop here, because people buy a special kind of debt that is supposed to allow greater consumption in the future, it is more postponed consumption. People wait hoping they will be able to consume more in the future than if they redeem right now the money they got from trading.

In a finite environment. It is over. And that is what the US are fighting, the prospect of people who are not supposed to consume, consuming right now. Which is the opportunity given by China to a large part of the world.

So no, the US have not been empoverished by their trade deficit, they have been enriched, trading immediate consumption against postponed consumption in a finite environment. So in the future, when people come to redeeom their money debt, they will find out that is too little left to consume (inflation) or even nothing left to consume.

Kolsmankop incoming. Places like Kolsmankop run a trade excednet until the point the area is depleted of anything to export and when it happens, people move away in order to redeem the debt they have accumulated. Except that globalization works on a global level. Hundreds of millions to be killed.

"Haha did anybody react (sic) any of the unintelligible horse kak?

lol he thinks people actually ready (sic) it"

Who is going to tell ButtPlug that no-one reads his unintelligible hogwash either?

I'd volunteer but if I do, it will just result in a lot of indignant and self-righteous foot-stamping.

Say Buttplug....quick, fix your typos before your Master gets back........alternately you can suck-up even more.

"Haha did anybody react (sic) any of the unintelligible horse kak?

lol he thinks people actually ready (sic) it"

Poor old Donnie has hopelessly exposed himself as a thug a bully, there is no Art of the Deal and if there is then it's all about bullying the opposition. Outside of America economically strong nations refuse to be intimidated.

He failed with North Korea, Kim Junk Pong laughed at him and that in front of a worldwide audience, Putin is playing him with disdain and Xi is another standing toe to toe.

The man is a Loser.....he's got nothing ...einde.

USA standing in the world will sadly suffer because of Trump.

Less than a year, probably way less than 6 months...he's trolling your hysterics and you're falling for it every time...he's on the right side of the big issues every time.

Not a hysteric more of a jubilant yet, this must be specifically termed, what is going to happen in six months or more and what is going to be good. Liberals play all sides so they pick anything that happened and they paint as good. No doubt that in six months stuff will have happened that liberals could claim as good.

Even now, liberals state that all goes according to the plan that all is well and dandy. The problem is that while it was easy to predict that the stock market would suffer, the bonds market was probably more expected to absorb the shock as it usually does. Except that in a rare occurrence, it has gone down. The FED had the potential to save the day but could not do it for various reasons. In all likelihood, the Trump administration was taken by surprise and had to cave in as a result. Yet liberals keep painting the situation as good when it went out of control. Making Trump on the wrong side of things. With that in mind, it requires to be specific: what is going to be good in six months in order to avoid liberals doing liberal things, that is painting everything that can be pained good good. Predictions here and not a vague statement that in six months the Eerth will keep revolving.

Yaaaay Plum doesn't care to edit.

We found something, finally.

Feel better now, Denise.

"Denish is a tospot"

...okay, left another couple of typos in the above. It's Friday after all, and I know you need a lil sumin sumin to help you get by, Denise.

Hysteria Is amazing Vaccine posts and within 12 minutes Hysteria appears looking for something, anything, from the loser Vaccine. And Vaccine just can’t do it, after 20 years of insulting the girl, it just doesn’t come naturally.

Funny stuff.

Liberals are indeed very funny. Been reading a bit around, they have a hard time coming to terms with the Trump adminstration's impreparation, they think of themselves as almighty and can not get it that the situation went out of control and Trump had to back down. The US have shown weakness.

.

.

LOL, the opening monologue of that video.

Interesting perspective by somebody actually understanding what's going on...pity the lefties won't have the stomach to watch it.

Yeah I'll watch it when I have time, just had a chuckle at the opening jokes.

Interesting perspective by somebody actually understanding what's going on...pity the lefties won't have the stomach to watch it.

When you say somebody actually understanding what's going on, why do you say that...why is his understanding more credible than other businessmen and economists.

Is it because his take on the situation aligns with your views?

I'll wager he understands way more than you.

Oh what a surprise, you can't answer the question.

The likes of Draad take financial advice from people with no background in the field.

He would ask a plumber to complete heart surgery on him, and a botanist to fix his car.

The people in that video look backward.

This laughable. Trump has apparently just removed Chinese tariffs from products that America import the most. (Big Tech)

Something like 30%+ of imports are now exempt from the tariffs he created.

Apple phones would have increased by 145% for Americans.....

https://www.nbcchicago.com/news/business/money-report/trump-exempts-phones-computers-chips-from-new-tariffs/3720882/

Summary by Category:

I said on a previous thread that reshoring jobs is a medium to long-term thing, and it will not always be practical. It is impossible to break a supply chain overnight.

Trump is a good marketer and salesperson but knows nothing about macroeconomics.

A Democratic government is a committee of experts with the leader steering the ship to get the best mix of consensus. Trump has surrounded himself with sycophantic amateurs who will let him make all the decisions.

Big Tech defeats Small MAGA....

Sharlkbok

Shitspreading is easy or you and comes natuarally has the top scientific an econmic exoertsa in his team and he known exatly what e ats and will get it, He wants propert trade a greements and has gven the EU and t he EU to meet and arrnage for the copletion of proper trade agreements in place. Unlike the Biden sh it knws exactl how to fix the declining and collapsing US economy,