Tariffs Catch-All
- Thread starter BubbaOtis
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- Politics
MendotoManteo
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That's awesome, man! I went to Holden Beach, with a beach front spot last December when back home. Driving over that bridge on to the coast is like landing on Mars. Just nothing like it.
I've never got to experience the Outer Banks, despite being from our wonderful state. But it sounds like ya'll having lots of fun. That's great!
And regarding the tip, they'll never forget that. Spread it around. They will remember you and do good.
Does it matter?
The talking points will all be similar.
- We inherited a HORRIBLE economy
- Because of Biden, there’ll be some pain as we fix things
- The President is fighting for America and Americans
- Biden’s open borders and the criminals he let in
- The world has been ripping us off for decades
mynameisbond
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Lather. Rinse. Repeat.
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Sounds like money well spent
1moretimeagain
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Yes it matters IMO. If he sends Stephen Miller and Navarro to do the mainline shows it indicates his heels are firmly dug in for now. On the other hand, he could have Bessent talk about deals in the works to end the tariffs and that would take the market’s temperature down.
Granted, Trump may not even be worried about this. He has the Senior Club Championship tomorrow.
1moretimeagain
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I wonder if you (or Rasmussen) realize the Dow is 4,000 points lower than that chart shows. Probably a bad source for charts.
Mulberry Heel
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I have a strong hunch that Silence probably gets his "history" from Prager U videos, his business news and advice from Fox Business, and his polling results from places like Rasmussen.
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Also completely missing the cause for each.
Silence Dogood
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Well then tell us how your orange god is helping the economy. Prices are up, predictions as high as 60% that we end up in a recession, trade suffering, uncertainty and his stupid unnecessary trade war are all hurting the econ I my and the markets. He's hurting both the material and labor supply for housing, as well as his uncertainty is making the federal cautious about rate changes, at a time when housing is a considerable problem in America.
So tell us how he's helping the economy?
You keep sniffing that shit filled jock of his and telling us it smells like roses, the rest of us will continue to look at reality.
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1moretimeagain
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In your experience, does the stock market tend to lead the economy or vice versa?
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China Wanted to Negotiate With Trump. Now It’s Arming for Another Trade War.
Communication between Washington and Beijing is at a standstill, raising the prospects of a long cycle of tariff retaliation. ‘Trump and Xi are locked in a paradox of pressure and pride.’
GIFT LINK
—> https://www.wsj.com/world/china/chi...93?st=QBovro&reflink=mobilewebshare_permalink“…The lack of communication between the two sides shows no signs of letting up. What lies ahead is likely to be a cycle of tit-for-tat retaliation, making it hard to even start negotiations in the near term.
…
Beijing had been cautiously optimistic in the Trump administration’s first days. Xi Jinping dispatched a top envoy to attend Trump’s inauguration, a move that was seen as an opening for fruitful communication. While Trump had threatened to hit China with tariffs when campaigning for president, he held off on Day One. His only mention of China in his inaugural speech, about wresting the Panama Canal from Chinese control, raised no alarms.
Trump had indicated that he was open to a deal with China, and Beijing hoped to explore one centered on what China was willing to offer, such as more Chinese purchases of American products and more Chinese investment in the U.S.
But in the following weeks, wherever senior Chinese officials tried to engage the new administration, they found only closed doors.
Foreign Minister Wang Yi sought a meeting with Trump’s national-security adviser Mike Waltz in February while he was in the U.S. for a United Nations meeting, according to people who consult with senior Chinese officials.
Wang, who had hoped to revive a line of communication he had had with Waltz’s predecessor, Jake Sullivan, got nowhere with the Trump team. …”
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Waltz keeps showing up in the most unflattering stories …
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“… The full-blown trade war during Trump’s first term had strengthened Xi’s resolve to fortify China against a new Trump-like assault. And yet, in the absence of contacts with the Trump team, Washington’s most formidable adversary settled on a wait-and-see approach.
… Then came the shock of the extra 34% tariffs Trump slapped on China on Wednesday. That brings the average U.S. import levies on Chinese products to 76%, figuring in the previous 20% tariffs and levies that predate Trump’s second term, according to Chad Bown, a senior fellow at the Peterson Institute for International Economics—more than 20 times what it was before Trump launched his first trade war against China in 2018.
“That amounts to a declaration of ‘strategic decoupling’ with China,” said a senior economist in Beijing, using a term from Trump’s first-term trade czar, Robert Lighthizer. “Can we find a pathway toward negotiations under such maximum pressure? The lack of communication between the two sides might make it difficult.”
… Some foreign-policy and trade analysts say Beijing was smart to wait it out as Trump has also significantly bumped up import levies on traditional allies and other big trading partners, raising the specter of a global backlash against the U.S. that could benefit China.
… If Xi engages too soon, Singleton said, he risks looking weak.
…
The current Chinese ambassador to Washington, Xie Feng, has tried in vain to engage with Trump adviser Elon Musk, according to the people who consult with Chinese officials. Beijing had hoped that Musk, whose company Tesla makes half its electric vehicles in China, could help counterbalance the China hard-liners on Trump’s team.
Other U.S. business leaders, such as Wall Street financiers that Chinese leaders have often turned to in periods of trouble, now see little upside in acting as a go-between for Beijing. “Who wants that role?” said a senior American executive. “No one.” …”
… Then came the shock of the extra 34% tariffs Trump slapped on China on Wednesday. That brings the average U.S. import levies on Chinese products to 76%, figuring in the previous 20% tariffs and levies that predate Trump’s second term, according to Chad Bown, a senior fellow at the Peterson Institute for International Economics—more than 20 times what it was before Trump launched his first trade war against China in 2018.
“That amounts to a declaration of ‘strategic decoupling’ with China,” said a senior economist in Beijing, using a term from Trump’s first-term trade czar, Robert Lighthizer. “Can we find a pathway toward negotiations under such maximum pressure? The lack of communication between the two sides might make it difficult.”
… Some foreign-policy and trade analysts say Beijing was smart to wait it out as Trump has also significantly bumped up import levies on traditional allies and other big trading partners, raising the specter of a global backlash against the U.S. that could benefit China.
… If Xi engages too soon, Singleton said, he risks looking weak.
…
The current Chinese ambassador to Washington, Xie Feng, has tried in vain to engage with Trump adviser Elon Musk, according to the people who consult with Chinese officials. Beijing had hoped that Musk, whose company Tesla makes half its electric vehicles in China, could help counterbalance the China hard-liners on Trump’s team.
Other U.S. business leaders, such as Wall Street financiers that Chinese leaders have often turned to in periods of trouble, now see little upside in acting as a go-between for Beijing. “Who wants that role?” said a senior American executive. “No one.” …”
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“… For now, whoever is in the driver’s seat of U.S.-China relations, it’s not Beijing.“
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Musk Says He Hopes Europe and U.S. Move to a ‘Zero-Tariff Situation’
The billionaire adviser to the Trump administration appeared to part ways with the president in a videoconference appearance with Italy’s far-right League party.
Musk Says He Hopes Europe and U.S. Move to a ‘Zero-Tariff Situation’
The billionaire adviser to the Trump administration appeared to part ways with the president in a videoconference appearance with Italy’s far-right League party.
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“A battle Elon won’t win”: Musk takes on Trump’s trade guru Peter Navarro
“A battle Elon won’t win”: Musk takes on Trump’s trade guru Peter Navarro
Musk called for a vast free trade zone and dissed Navarro, who was closely involved in Trump’s tariff plans.
www.semafor.com
“… Musk, who has largely stayed out of the growing debate over Trump’s decision to go all-in on tariffs, responded early Saturday morning to a post from an X user praising Navarro, a longtime Trump aide and key architect of the president’s tariff announcement.
The Tesla co-founder argued that “A PhD in Econ from Harvard is a bad thing, not a good thing,” adding that Navarro hadn’t “built shit.” …”
evrheel
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