Tariffs Catch-All

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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.
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Fuck you, Kevin Cramer.

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

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www.nytimes.com

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.
 
finesse said:
Fwiw, that sort of business sense is how you run casinos out of business.

ETA: Basically about 6% the production at 5 times the cost. I really don't think small batch ship building has the same upside as small batch bourbon and tariffs are hurting them, too.
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And owned by a South Korean company Lets give them Billions
 
altmin said:

Loading…

www.nytimes.com

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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Wow, Mr Kim doesn't want much, does he?

Subsidies and tariffs, he and trump will get along well.
 
theel4life said:
Trump is literally using the presidency to make money. How can people not see this?
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Sell stocks and then threaten harsh tariffs

Buy stocks back after the market plunge

Announce a pause in tariffs and then sell stocks after the market rockets

Announce the tariffs are back on and buy stocks after the market plunge

rinse and repeat... grifter gonna grift
 
altmin said:

Loading…

www.nytimes.com

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.
Click to expand...
The days of the Kaiser Shipyards building hundreds of Victory and Liberty ships are long gone.
 
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