Tariffs Catch-All

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DiehardHeelFan said:
Or it is time to sell all the assets bought when the initial June 1st tariffs were announced. He can move the tariff threat up and down and those that know ahead of time can make a killing. Wall Street is like a dog named Stay 😀
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Like I said before, on the day of the liberation day announcement, someone bought at least $1.1 million in two day SPY puts that were about 6% out of money. That person walked away with something like $106 million.

And that’s just from two orders for SPY that were bought the same minute and large enough to be noticeable.
 
globalnews.ca

U.S. senators urge Canada to ‘give us another chance’ on trade, tourism - National | Globalnews.ca

Republican and Democratic U.S. senators who visited Ottawa this past weekend say they want to bolster the Canada-U.S. relationship despite U.S. President Donald Trump's trade war.
globalnews.ca globalnews.ca

Members of a bipartisan group of U.S. senators who visited Ottawa this past weekend say they want to bolster the Canada-U.S. relationship despite U.S. President Donald Trump’s recent attacks, with the lone Republican urging Canadians to “give us another chance.”

The five senators met Friday with Prime Minister Mark Carney, who has vowed to pursue a new economic and security partnership with the U.S. while acknowledging that the trend of “deep integration” between the two countries is over.

The American lawmakers say that long-standing relationship must continue, with trade, tourism and defence partnerships among the key areas where collaboration is critical.

“We have to do this stuff together,” Republican Sen. Kevin Cramer of North Dakota told Mercedes Stephenson in an interview that aired Sunday on The West Block.

“We’ll be better at it if we’re friends than if we’re just tolerating one another…. I’m just here (in Ottawa) to say thank you, and then to encourage Canadians to take another look and give us another chance.”

Canadians, along with various levels of government, have turned their backs on the U.S. since Trump imposed sweeping tariffs on Canadian goods and voiced his desire to make Canada the “51st state.”

Statistics Canada has reported four straight months of steep year-over-year declines of return trips to Canada from the U.S., and some states such as California have launched ad campaigns to try to lure Canadian tourists back.
 
altmin said:
globalnews.ca

U.S. senators urge Canada to ‘give us another chance’ on trade, tourism - National | Globalnews.ca

Republican and Democratic U.S. senators who visited Ottawa this past weekend say they want to bolster the Canada-U.S. relationship despite U.S. President Donald Trump's trade war.
globalnews.ca globalnews.ca

Members of a bipartisan group of U.S. senators who visited Ottawa this past weekend say they want to bolster the Canada-U.S. relationship despite U.S. President Donald Trump’s recent attacks, with the lone Republican urging Canadians to “give us another chance.”

The five senators met Friday with Prime Minister Mark Carney, who has vowed to pursue a new economic and security partnership with the U.S. while acknowledging that the trend of “deep integration” between the two countries is over.

The American lawmakers say that long-standing relationship must continue, with trade, tourism and defence partnerships among the key areas where collaboration is critical.

“We have to do this stuff together,” Republican Sen. Kevin Cramer of North Dakota told Mercedes Stephenson in an interview that aired Sunday on The West Block.

“We’ll be better at it if we’re friends than if we’re just tolerating one another…. I’m just here (in Ottawa) to say thank you, and then to encourage Canadians to take another look and give us another chance.”

Canadians, along with various levels of government, have turned their backs on the U.S. since Trump imposed sweeping tariffs on Canadian goods and voiced his desire to make Canada the “51st state.”

Statistics Canada has reported four straight months of steep year-over-year declines of return trips to Canada from the U.S., and some states such as California have launched ad campaigns to try to lure Canadian tourists back.
Click to expand...
The Canadians should have just laughed in their faces and told them to impeach the imbecile who is trying to wreck their economy with his tariffs and threatening them with a hostile takeover and making them our "51st State". That Republican Senators participated is especially rich, given that it's their party's leader who has caused the backlash that's hurting their state's economies in several ways. FAFO, as they say.
 
Healing said:
I thought it was like 145 countries negotiating grand and righteous deals?
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No, it was a greater number. I don't recall exactly, but I do recall people laughing at him because there are only 195 countries in the world and he claimed that more than that wanted to kiss his ass.
 
Wait, wait. I thought he wasn't doing any deals, that he was going to set the prices and other countries would take it or leave it.

Nobody has any idea what is going on. This would be embarrassing behavior for a tin pot dictator, let alone the US.
 
altmin said:
globalnews.ca

U.S. senators urge Canada to ‘give us another chance’ on trade, tourism - National | Globalnews.ca

Republican and Democratic U.S. senators who visited Ottawa this past weekend say they want to bolster the Canada-U.S. relationship despite U.S. President Donald Trump's trade war.
globalnews.ca globalnews.ca

Members of a bipartisan group of U.S. senators who visited Ottawa this past weekend say they want to bolster the Canada-U.S. relationship despite U.S. President Donald Trump’s recent attacks, with the lone Republican urging Canadians to “give us another chance.”

The five senators met Friday with Prime Minister Mark Carney, who has vowed to pursue a new economic and security partnership with the U.S. while acknowledging that the trend of “deep integration” between the two countries is over.

The American lawmakers say that long-standing relationship must continue, with trade, tourism and defence partnerships among the key areas where collaboration is critical.

“We have to do this stuff together,” Republican Sen. Kevin Cramer of North Dakota told Mercedes Stephenson in an interview that aired Sunday on The West Block.

“We’ll be better at it if we’re friends than if we’re just tolerating one another…. I’m just here (in Ottawa) to say thank you, and then to encourage Canadians to take another look and give us another chance.”

Canadians, along with various levels of government, have turned their backs on the U.S. since Trump imposed sweeping tariffs on Canadian goods and voiced his desire to make Canada the “51st state.”

Statistics Canada has reported four straight months of steep year-over-year declines of return trips to Canada from the U.S., and some states such as California have launched ad campaigns to try to lure Canadian tourists back.
Click to expand...
Fuck you, Kevin Cramer.

Let us know when you oppose Trump and Trumpism by VOTING AGAINST Trump EACH AND EVERY TIME.
 

President Trump and some members of Congress want to revive a depleted American shipbuilding industry to compete with China, the world’s biggest maker of ships by far.

It is such a daunting goal that some shipping experts say it is destined to fail. More hopeful analysts and industry executives say the Trump administration and Congress could succeed but only if they are willing to spend billions of dollars over many years.

One of the places where Washington’s maritime dreams might take shape or fall apart is a shipyard on the southern edge of Philadelphia that was bought last year by one of the world’s largest shipbuilding companies, a South Korean conglomerate known as Hanwha.

“The shipbuilding industry in America is ready to step up,” David Kim, the chief executive of Hanwha Philly Shipyard, said in an interview.

But to do that, he said, the yard must have a steady stream of orders for new vessels. And the federal government will need policies that subsidize American-built ships and penalize the use of foreign vessels by shipping companies that call on U.S. ports.

Last month, Mr. Trump issued an executive order aimed at revitalizing American shipbuilding. “We’re going to be spending a lot of money on shipbuilding,” he said when announcing the order. “We’re way, way, way behind.”

The Office of the United States Trade Representative set new rules in April that penalize Chinese ships and require that certain commercial vessels be built in the United States. In Congress, lawmakers from both parties are pushing a sprawling bill that contains significant subsidies to bolster American shipbuilding.

But there is much to overcome.

The Philadelphia yard won’t have space for new orders until 2027, and other American shipyards are so tied up with filling orders for the Navy that they don’t have the capacity to produce commercial vessels.

It takes far longer to build ships in the United States than in Asia, and costs nearly five times as much. The Philadelphia yard makes roughly a ship and a half a year, compared with around a ship a week at Hanwha’s larger facilities in its home country, Mr. Kim said.
 
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