The Tarriff Hype.

[petros]

BEIJING, March 5 (Reuters) - China said on Wednesday it would accelerate the annual stockpiling of strategic fuels, food and other commodities. In a report on Wednesday, China's state planner said it would steadily advance the construction of storage facilities for grain, petroleum and other commodities.Mar 5, 2025

https://www.reuters.com

China plans to accelerate annual stockpiling of strategic commodities


You'd almost think there is about to be a war.

 

[petros]

Where are we going? Higher!!

China is going to have buckle down and find new markets.

 

[Ron in Regina]

China is going to have buckle down and find new markets.

Or Americans are going to have to pay more for products from China until/if they can be sourced elsewhere depending on what they are, etc…

 

[Twin_Moose]

The Chinese peso already dropped to a 2007 value

 

[petros]

Or Americans are going to have to pay more for products from China until/if they can be sourced elsewhere depending on what they are, etc…

I'm sure India will gladly take on making gadgets...as long as they blow off any notion of BRICS they'll get the orders.

 

[Ron in Regina]

I'm sure India will gladly take on making gadgets...as long as they blow off any notion of BRICS they'll get the orders.

Is Brazil the only BRICS (original ones) that’s not a nuclear power?

 

[petros]

Is Brazil the only BRICS (original ones) that’s not a nuclear power?

If you've got reactors you're a nuclear power. Building a bomb is easy. Delivery is the hard part.

 

[petros]

When Canada puts export tariffs on fertilizer going to China and reduces oil exports to China, tariffs on Canada will vanish instantly.

Carney has done nothing while canola, pulse and pork producers suffer.

Where is the fight against Xi?

 

[Ron in Regina]

When Canada puts export tariffs on fertilizer going to China and reduces oil exports to China, tariffs on Canada will vanish instantly.

Carney has done nothing while canola, pulse and pork producers suffer.

Where is the fight against Xi?

The fight is between Xi & Trump, we’re collateral damage in the middle, along with 180 other countries I’m assuming.

 

[petros]

The fight is between Xi & Trump, we’re collateral damage in the middle, along with 180 other countries I’m assuming.

It involves us just as much as it does the US.

 

[petros]

Where is the fight against Xi?

The chimps are so hungry for bananas if either candidate opposes or retaliates against Chinese tariffs on Canadian goods he will be scorned as a Trump supporter..

 

[Ron in Regina]

Speaking at the White House, Trump said: “We think we’re in very good shape. We think we’re doing very well. Again there will be a transition cost, transition problems, but in the end it’s going to be a beautiful thing.”

US stocks fall again after rally following Trump’s shock retreat on tariffs — Guardian US

Sell-off comes amid anger from Democrats over retreat that rattled markets, while Republicans praise Trump’s ‘art of the deal’ in action

apple.news

The market seems to be in a state of fatigue after a rollercoaster week. Stocks were even unresponsive to news Thursday morning that the European Union announced it will suspend 25% retaliatory tariffs against US imports and new data showed inflation in the US cooled to 2.4% in March – both would typically be cause for optimism on Wall Street.

On Thursday, Amazon CEO Andy Jassy said the company was still waiting to see the impact of the tariffs but warned third-party sellers may (???) “pass that cost on” to consumers.

 

[Taxslave2]

The timing of the US president’s posts and subsequent huge share jumps has sparked accusations of market manipulation.

There is no point playing in the stock market without inside knowledge.

 

[Taxslave2]

Or Americans are going to have to pay more for products from China until/if they can be sourced elsewhere depending on what they are, etc…

It is now getting close to the cost of making all this stuff in the US again. Which is what tariffs are supposed to do.

 

[harrylee]

 

[Ron in Regina]

Without naming the U.S., Mr. Xi called on the European Union to join China in resisting “unilateral bullying,” and noted the two economies account for “one-third of the world’s total economic volume.”

“There will be no winners in a tariff war, and going against the world will isolate oneself,” Mr. Xi said.

Facing rapidly escalating tariffs from the U.S., China has been trying to build ties with other economies to try and counterbalance what is sure to be a major hit to the country’s exports. With U.S. President Donald Trump slapping new levies on almost all of Washington’s major trading partners, this approach had been making some ground, with the EU and others opening new talks with Beijing as they prepared their own countermeasures.

China ‘not afraid,’ Xi says, as Beijing raises tariffs on U.S. goods to 125 per cent — The Globe and Mail

In his first public comments on tariffs, Chinese President calls on E.U. to join the resistance to ‘bullying’

apple.news

 

[petros]

Boo frickety hoo.

Do you think they'll try BRICS again?

 

[Ron in Regina]

Boo frickety hoo.

Do you think they'll try BRICS again?

Did the BRICS go away? Really? And now many countries are being forced to reassess the relationships between themselves and others…& find alternative trading partners to avoid Trump & his instability at least to some extent to at least partially insulate themselves from his bipolar flip flops…I’m assuming this will turn out to be a big positive for BRICS nations.

 

[petros]

Did the BRICS go away? Really? And now many countries are being forced to reassess the relationships between themselves and others…& find alternative trading partners to avoid Trump & his instability at least to some extent to at least partially insulate themselves from his bipolar flip flops…I’m assuming this will turn out to be a big positive for BRICS nations.

It's toast now. I don't think they were afraid of the senile old man and his black but not black pet hyena.

 

[Ron in Regina]

It toast now.

Things are a mess right now. It might be a port in the storm. I wouldn’t count it out.