Tariffs Catch-All

  • Thread starter Thread starter BubbaOtis
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Our guy starts a random trade war and continues to be surprised/miffed when anyone purposefully responds. Maybe purposefulness confuses him?
 
Lmao 18 trillion now. Just keeps finding a trillion or 2 in the couch cushions. He really should stop digging around in those cushions when Vance is his vp.

What will the number be by year end? 20? 22? Higher?
 
altmin said:
www.theguardian.com

One of Europe’s biggest farm machinery firms halts US exports over ‘hidden’ tariffs

Krone says ‘alarming’ levies on about 400 goods including hair dryers and combine harvesters have forced pause
www.theguardian.com www.theguardian.com

Asked what his US customers were saying, he said: “Many of them are surprised. When they saw Mr Trump talk about tariffs, they got the impression that the foreign companies are paying these tariffs, but what they now figure out is that it is the customer who pays.

“If the farmers’ prices go up, then at the end of the day it is the US citizen who goes into Walmart or Target who has to pay more for their daily goods.”

Providing a paper trail that essentially proves to the US that every nail, nut or bolt did not originate in China is a bureaucratic nightmare.

The EU’s trade commissioner, Maroš Šefčovič, told a conference in Dublin last week that the new paperwork was “very, very challenging” and he has written to the US commerce secretary, Howard Lutnick, to address them.

Bernie Hart, the vice-president of customs and business development at Flexport, says the new requirements are in the “top tier” of complexity his business has dealt with as they “require new, granular data, country of melt and pour (steel), and country of primary smelt and cast (aluminium), often down to a stock-taking unit” level which can track minutiae such as colour and size of a product.
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No conservative could support Trump’s economic agenda.
 
Thousdands of white flags are flying tonight over Beijung and Shanghai.
President Trump brought out the tariff big guns late tpday. In a Truth Social post, Trump denounced China for not buying US soybeans, He threatened cooking oil tqaiffs and having the US produce its own cooking oil from now on;.
 
heelslegup said:
Starting to panic? If you want to channel Bernie, bring Bernie in as Pres to do this correctly
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Price floors. LOL. How much that gonna cost?

They are sitting there talking about the need to prop up Milei so he can undo decades of bad economic policy, at the same time that they are enacting exactly that terrible economic policy.

So let's see. Who all are we bailing out? Argentina. Farmers. Mining companies. Seems like a lot of bailing out for less than a year, and I feel like I'm forgetting something.
 
superrific said:
Price floors. LOL. How much that gonna cost?

They are sitting there talking about the need to prop up Milei so he can undo decades of bad economic policy, at the same time that they are enacting exactly that terrible economic policy.

So let's see. Who all are we bailing out? Argentina. Farmers. Mining companies. Seems like a lot of bailing out for less than a year, and I feel like I'm forgetting something.
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The Crypto world
 
heelslegup said:
A good case can be made thaat neither China nor the US under Trump can be trusted as trading oartners.
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A good case? I think you're understating it. It is beyond peradventure that the US under Trump is not a trustworthy trading partners. That's what happens when an admin blatantly violate multiple treaties, including a treaty that they previously violated and then renegotiated a few years earlier.
 
Surely there is some western State that wants to bulldozz half the State for rare earthstuff so some Billionaires in NY and likely trump can make some money???
 
As a WSJ article earlier this week suggested (and which inuriated the Trump Admin), Chinas has more leverage than the US in a trade war. The US desperately needs rare earth elements from China but China does not desperately "need" anything from the US.
There is a "big beautiful" trade deal possible here but to get it, US will have to loosen substantially export controls on things like semicondoctors and also give some publc reassurances on Taiwan.
The other problem is that China would gladly build auto factories in US like Toyota, but that would destroy the US auto industry since cheap produces inexpensive EVs
 
heelslegup said:
As a WSJ article earlier this week suggested (and which inuriated the Trump Admin), Chinas has more leverage than the US in a trade war. The US desperately needs rare earth elements from China but China does not desperately "need" anything from the US.
There is a "big beautiful" trade deal possible here but to get it, US will have to loosen substantially export controls on things like semicondoctors and also give some publc reassurances on Taiwan.
The other problem is that China would gladly build auto factories in US like Toyota, but that would destroy the US auto industry since cheap produces inexpensive EVs
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It's not like the physical extraction of rare earth elements only can happen from Chinese soil (though they do have a lot). Much of the rare earth elements come from African countries. China is the only source because they've cornered the market thought private public investment initiatives in these African countries.

I'll note here that the responsible grown-ups (i.e. the administrations of the Democratic presidents) have know this all along and worked hard via the State Department to build in-roads into Africa to counter the Chinese influence, only to have it all torpedoed each time the feckless children took charge (i.e. the administrations of the Republican presidents). "Derp!,. Why are we giving do much money to Africa, Derp!, America First, Derp!".

And not you know why.

Derp!
 
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