Tariffs Catch-All
- Thread starter BubbaOtis
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Molotov Mocktail
Exceptional Member
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LMAO. Destroy all good will with allies then ask for favors. Masterful.
Trump reportedly asks EU to impose 100% tariffs on India and China
In effort to end Russia’s war in Ukraine, US president reportedly proposes tariffs of up to 100% targeting Putin allies and trade partnerswww.theguardian.com
Who knows though, maybe since all of his deals seem to be agreements on principle only Europe will negotiate better terms for themselves.
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Next bunch of farmers looking for a bailout: sorghum
www.reuters.com
China has approved imports of Brazilian sorghum, an official at Brazil's Agriculture Ministry told Reuters, adding the first cargos could be shipped this year, providing an alternative to plunging U.S. exports sooner than expected by many.
The agreement comes as relations between China and the United States, traditionally a major exporter of sorghum to the Asian country, have sharply deteriorated amid trade tariffs instigated by U.S. President Donald Trump.
China clears imports of Brazil sorghum, official says, in blow to US
China has approved imports of Brazilian sorghum, an official at Brazil's Agriculture Ministry told Reuters, adding the first cargos could be shipped this year, providing an alternative to plunging U.S. exports sooner than expected by many.
China has approved imports of Brazilian sorghum, an official at Brazil's Agriculture Ministry told Reuters, adding the first cargos could be shipped this year, providing an alternative to plunging U.S. exports sooner than expected by many.
The agreement comes as relations between China and the United States, traditionally a major exporter of sorghum to the Asian country, have sharply deteriorated amid trade tariffs instigated by U.S. President Donald Trump.
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Canadians made three million fewer trips to the U.S. during summer travel boycott
August continued a pattern of U.S. visitors to Canada outnumbering Canadians travelling to the U.S.
www.theglobeandmail.com
Canadian travellers held strong to their boycott of travel to the United States right to the end of the summer, blowing a sizable hole in the U.S. tourism sector, the latest numbers from Statistics Canada show.
In August, the number of Canadian residents returning by vehicle from the U.S. plunged 33.9 per cent year-over-year to 1.9 million, while the number of residents returning by air fell 25.4 per cent to 423,000, the agency said.
Taken together across the peak summer travel period of June to August, Canadians made three million fewer trips to the U.S., a 33.1-per-cent year-over-year decline.
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In South Korea and Japan, Fury at U.S. Fuels Backlash Over Trade Deals
Officials and business leaders in both countries are questioning commitments their governments made to invest hundreds of billions in American manufacturing.
In the span of 24 hours last week, President Trump managed to roil both South Korea and Japan, two longtime allies that less than two months earlier had said they would invest a combined nearly $1 trillion in the United States in exchange for lower tariffs.
Last Thursday, U.S. immigration officials raided the construction site of a major Hyundai-LG plant in Georgia, a flagship project by two of South Korea’s most prominent companies. Hundreds of South Korean citizens were arrested and detained for, according to federal officials, living or working in the country illegally.
On the same day, Mr. Trump signed an executive order enacting a trade deal he had struck with Japan in July, committing Japan to invest $550 billion in the United States. The order codified the reduced automotive tariffs that Tokyo had desperately sought. However, it came with a memorandum of understanding between the two countries stating outright that Mr. Trump, not Japanese officials, will select how the $550 billion will be invested. If Japan goes against his wishes, he will have the right to impose higher tariffs.
These events were the latest display of how Mr. Trump is using the negotiations over trade to pursue his agenda, despite the diplomatic, political and economic consequences for America’s closest allies.
In both Japan and South Korea, increasingly vocal leaders in government and business feel their countries were strong-armed and are questioning whether it still made sense to comply with Mr. Trump’s demands.
...
Lee Jae Myung, South Korea’s president, said on Wednesday that the country’s businesses were “flummoxed” by the raid because “they were not there as long-term or permanent workers but as technicians who helped install facilities and equipment.”
If the United States does not help such people work safely in the country, South Korean businesses would “hesitate to make direct investments.” While he declined to elaborate on the ongoing negotiations for a trade deal, Mr. Lee explained why the process was difficult.
“We will not make a decision that goes against our national interests,” he said. “We will not engage in negotiations that are not rational or just.”
...
“It’s a mistake to think that America will ask for money for something and Japan will just give it,” Mr. Hosokawa said. “Japan did not become America’s A.T.M.”
On Sunday, Japan’s beleaguered prime minister, Shigeru Ishiba, announced his intention to step down, adding a layer of political uncertainty in Tokyo. The trade deal and investment commitment will remain hot-button issues heading into a leadership vote early next month for the ruling Liberal Democratic Party.
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superrific
Legend of ZZL
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At first I thought that was building an Ohio tetris.
ChileG
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Trump is terrible for business.Next bunch of farmers looking for a bailout: sorghum
China clears imports of Brazil sorghum, official says, in blow to US
China has approved imports of Brazilian sorghum, an official at Brazil's Agriculture Ministry told Reuters, adding the first cargos could be shipped this year, providing an alternative to plunging U.S. exports sooner than expected by many.
China has approved imports of Brazilian sorghum, an official at Brazil's Agriculture Ministry told Reuters, adding the first cargos could be shipped this year, providing an alternative to plunging U.S. exports sooner than expected by many.
The agreement comes as relations between China and the United States, traditionally a major exporter of sorghum to the Asian country, have sharply deteriorated amid trade tariffs instigated by U.S. President Donald Trump.
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Ohhh but if someone wants a Tetris thread, I was soooooooo dominant at Tetris 9/5 level B game (and Tetris A game) back in the day.
JCTarheel82
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I played Tetris on my TI-83 every day in high school AP calc.
