Trade WAR??!!
- Thread starter Ocean Breeze
- Start date
Don't worry. He's the author of the Art of the Deal. The present trade agreement with China is the worst in the history of the world, but the POTUS will get the best trade deal that ever was. It'll be yuge!
Potus did not write the book..........and uses simpleton tactics to "negotiate"...........mainly threat oriented. China being an autocratic gov't..........Knows a dictator ;wannabe when they see one.& can out maneuver the Don.
Trump says he will increase tariffs on Chinese goods on Friday as he complains about pace of trade talks
In a pair of tweets, the president said he will hike tariffs on $200 billion worth of imports to 25 percent from 10 percent. Trump had twice before postponed the scheduled increase to allow negotiators to seek a comprehensive deal. His threat increases pressure on a deal that Trump said has been going ��too slowly
source: WAPO
More than meets the eye?
I'd wager trade talks involve cutting off N Korea even further after another volley of missle launches.
I'd wager trade talks involve cutting off N Korea even further after another volley of missle launches.
Markets slide as China tariff hike looms
https://news.sky.com/story/markets-slide-as-china-tariff-hike-looms-11715542
https://news.sky.com/story/markets-slide-as-china-tariff-hike-looms-11715542
China-U.S. trade talks end with no deal hours after Trump hikes tariffs
https://www.cbc.ca/news/business/us...sletter-news-digests-canada-and-world-morning
https://www.cbc.ca/news/business/us...sletter-news-digests-canada-and-world-morning
US-China trade talks breakdown is 'just a small setback'
https://news.sky.com/story/us-china-trade-talks-breakdown-is-just-a-small-setback-11717157
https://news.sky.com/story/us-china-trade-talks-breakdown-is-just-a-small-setback-11717157
China Tariffs and the Stock Markets
This is positive restructuring. I’m tired of policy being dictated by these little Wall Street wimps instead of the real economy investors. That which actually produces things. The markets are vastly overvalued anyway, at historic highs in price/earnigs ratios, and driven by a glut of money in the world.
Much of that is Chinese and brought on by the gargantuan balance of trade surpluses with the West. They are awash with Western currencies that are chasing real estate, stocks, and, the Belt and Road transportation infrastructure. And bumping prices to a point that are no longer affordable to domestic buyers (as in Real Estate in Vancouver). We are being held hostage by Hedge Fund Managers and Programmed Trading Algorithms for economic policy that benefits only a small cabal of international financiers and stock traders.
Free Trade has been catastrophic for the developed economies. In fact it has been disastrous for the emerging economies as well. It exports all of their product produced at subsistence wages that enriches only supranational trading and finanancial oligarchs.
It is directly responsible for the hollowing out of American (and Canadian) industrial might and integrity. It is also responsible for setting up these desperate, squalid, Free Tade Zone Maquilladora slave colonies in those developing economies.
I see the line of the Liberal Media is that this is a ‘tax’ on American consumers, ignoring the fact that Free Trade is a race to the bottom. It represents an encroaching impoverishment of the Middle Class. That is the real ‘tax’ on the American centre.
So i applaud Donald Trump for not being held hostage by Wall Street, and their liberal media, globalist and academic Free Trade running dogs.
This is positive restructuring. I’m tired of policy being dictated by these little Wall Street wimps instead of the real economy investors. That which actually produces things. The markets are vastly overvalued anyway, at historic highs in price/earnigs ratios, and driven by a glut of money in the world.
Much of that is Chinese and brought on by the gargantuan balance of trade surpluses with the West. They are awash with Western currencies that are chasing real estate, stocks, and, the Belt and Road transportation infrastructure. And bumping prices to a point that are no longer affordable to domestic buyers (as in Real Estate in Vancouver). We are being held hostage by Hedge Fund Managers and Programmed Trading Algorithms for economic policy that benefits only a small cabal of international financiers and stock traders.
Free Trade has been catastrophic for the developed economies. In fact it has been disastrous for the emerging economies as well. It exports all of their product produced at subsistence wages that enriches only supranational trading and finanancial oligarchs.
It is directly responsible for the hollowing out of American (and Canadian) industrial might and integrity. It is also responsible for setting up these desperate, squalid, Free Tade Zone Maquilladora slave colonies in those developing economies.
I see the line of the Liberal Media is that this is a ‘tax’ on American consumers, ignoring the fact that Free Trade is a race to the bottom. It represents an encroaching impoverishment of the Middle Class. That is the real ‘tax’ on the American centre.
So i applaud Donald Trump for not being held hostage by Wall Street, and their liberal media, globalist and academic Free Trade running dogs.
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A whopping 84 percent of all stocks owned by Americans belong to the wealthiest 10 percent of households. And that includes everyone's stakes in pension plans, 401(k)'s and individual retirement accounts, as well as trust funds, mutual funds and college savings programs like 529 plans.Feb 8, 2018
Wow. 90% don't have anything beyond social security or company plan for retirement or equity income?
Stupid bastards. $5.75 for a daily latte but no money to save?
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China says it will raise tariffs on $60 billion in U.S. goods starting June 1 after ��escalation�� in trade frictions
The announcement from the Finance Ministry in Beijing comes days after the United States raised tariffs on some Chinese imports as talks to resolve a trade fight between the countries faltered.
https://www.washingtonpost.com/busi...c=al_news__alert-world--alert-national&wpmk=1
Trump��s trade tactics under fire as China retaliates on tariffs
As Beijing announced steep tariffs on $60 billion in U.S. goods, President Trump��s efforts to calm investors showed signs of cracking.
source: WAPO
this foolishness will hurt both countries.........Trump acts like he is playing parlour some game.and is actually ENJOYING this........Given his business record of failures.......... this could end badly
this could end badly not only for the parties involved,but nations that are tied to both.
the world knows who started this fiasco. Crazy risk taker in thief of the White house.
As Beijing announced steep tariffs on $60 billion in U.S. goods, President Trump��s efforts to calm investors showed signs of cracking.
source: WAPO
this foolishness will hurt both countries.........Trump acts like he is playing parlour some game.and is actually ENJOYING this........Given his business record of failures.......... this could end badly
this could end badly not only for the parties involved,but nations that are tied to both.
the world knows who started this fiasco. Crazy risk taker in thief of the White house.
U.S. prepares to slap tariffs on remaining Chinese imports, which could add levies on roughly $300 billion in additional goods
In a major escalation of the U.S.-China trade fight, the Office of the U.S. Trade Representative has taken the first steps toward imposing import taxes on roughly $300 billion of Chinese goods entering the United States.
https://www.washingtonpost.com/busi...l_news__alert-politics--alert-national&wpmk=1