So much winning...
-
I'm no expert here on tariff stuff, I do have a question.
We have a major trade deficit with other countries.
We try to even it up a bit, and they go nuts, and hit back to make it
uneven again.
This is our fault? There is no reason for them to give a crap that they are making fools of our country over trade,
and they just demand that they keep the huge advantage.
What else is there besides tariffs? Magic beans?
Our steel companies shut down due to unfair competition. Yeah, it's costly to start them back up again.
What am I missing here?
-
I'm no expert here on tariff stuff, I do have a question.
We have a major trade deficit with other countries.
We try to even it up a bit, and they go nuts, and hit back to make it
uneven again.
This is our fault? There is no reason for them to give a crap that they are making fools of our country over trade,
and they just demand that they keep the huge advantage.
What else is there besides tariffs? Magic beans?
Our steel companies shut down due to unfair competition. Yeah, it's costly to start them back up again.
What am I missing here?
I'm no expert here on tariff stuff, I do have a question.
We have a major trade deficit with other countries.
We try to even it up a bit, and they go nuts, and hit back to make it
uneven again.
This is our fault? There is no reason for them to give a crap that they are making fools of our country over trade,
and they just demand that they keep the huge advantage.
What else is there besides tariffs? Magic beans?
Our steel companies shut down due to unfair competition. Yeah, it's costly to start them back up again.
What am I missing here?
-
the first video was bs, but the second one is really good. I would think if trade deficits are good,
then why are all these other countries fighting to keep the plus trade posture?
You'd think they would want trade deficits with the U.S.
Heck, I don't know. But farmers not being allowed to sell their mild to the E.U. reeks of unfair trade practice.
-
There's more to these deficits than we're being told Cal. In principle I agree, massive trade deficits aren't a good thing. Americans have stopped making sht because of it. We were being doggy walked into this technocratic wonderland where everything is digital and manufacturing is all done by robots. The issue that needs to be told to the American people is that our govt, complicit with major major corporations that enjoyed the nanometer proximity to the worlds number one credit spigot, shtcanned monetary policy decades ago...right around the time Lord Reagan was in office. Republicans were the massive deficit spenders for decades and chided any notion of sound fiscal responsibility as "tax and spend liberalism". Im not happy with democrats who want to raise sht tons of taxes on people but both parties show ZERO signs of reducing overall spending, so while I don't like taxes I recognize you can't put everything indefinitely on a credit card. We were only able to do that because we owned the credit machine.
Please understand that if we play too hard ball with the rest of the world on trade, they may say fuk it and drop the dollar. People just don't understand the ramifications of that. Of course we have some leverage because a lot of these countries own a lot of our debt, but take it too far and they may say fuk you and be done with it. What then? Who's are trade partners then? We're pissing off Canada and Mexico. Who's left?
-
There's more to these deficits than we're being told Cal. In principle I agree, massive trade deficits aren't a good thing. Americans have stopped making sht because of it. We were being doggy walked into this technocratic wonderland where everything is digital and manufacturing is all done by robots. The issue that needs to be told to the American people is that our govt, complicit with major major corporations that enjoyed the nanometer proximity to the worlds number one credit spigot, shtcanned monetary policy decades ago...right around the time Lord Reagan was in office. Republicans were the massive deficit spenders for decades and chided any notion of sound fiscal responsibility as "tax and spend liberalism". Im not happy with democrats who want to raise sht tons of taxes on people but both parties show ZERO signs of reducing overall spending, so while I don't like taxes I recognize you can't put everything indefinitely on a credit card. We were only able to do that because we owned the credit machine.
Please understand that if we play too hard ball with the rest of the world on trade, they may say fuk it and drop the dollar. People just don't understand the ramifications of that. Of course we have some leverage because a lot of these countries own a lot of our debt, but take it too far and they may say fuk you and be done with it. What then? Who's are trade partners then? We're pissing off Canada and Mexico. Who's left?
Please understand that if we play too hard ball with the rest of the world on trade, they may say fuk it and drop the dollar. People just don't understand the ramifications of that. Of course we have some leverage because a lot of these countries own a lot of our debt, but take it too far and they may say fuk you and be done with it. What then? Who's are trade partners then? We're pissing off Canada and Mexico. Who's left?
The Duchy of Grand Finwick. Somehow they have kept their alliance with us despite King Donald.?
️
-
Please understand that if we play too hard ball with the rest of the world on trade, they may say fuk it and drop the dollar. People just don't understand the ramifications of that. Of course we have some leverage because a lot of these countries own a lot of our debt, but take it too far and they may say fuk you and be done with it. What then? Who's are trade partners then? We're pissing off Canada and Mexico. Who's left?
The Duchy of Grand Finwick. Somehow they have kept their alliance with us despite King Donald.?
️
The Duchy of Grand Finwick. Somehow they have kept their alliance with us despite King Donald.?
️
Gloriana will never water the wine.
WSS
-
The Duchy of Grand Finwick. Somehow they have kept their alliance with us despite King Donald.?
️
Gloriana will never water the wine.
WSS
Gloriana will never water the wine.
WSS
Never water Pinot Grand Finwick. Unheard of.??
-
-
"U.S. pig farmers are bracing for another round of steep tariffs this week from China and Mexico following President Trump's decision to impose hefty tariffs on the two countries.
According to CNBC, some major U.S. pork producers fear they will lose a significant amount of money once China and Mexico implement the tariffs, forcing some to move their investments overseas.
China is expected to begin fetching a 25 percent tariff on U.S. pork imports on Friday. Mexico, which imposed a 10 percent tariff on pork imports last month, is expected to double its import tax to 20 percent on Thursday. CNBC reported that China's taxes will exceed 70 percent when combined with previous import taxes.
"We put a halt on all investment, not just because we will be losing money, but because we don't know if growing in the U.S. is the right move if we won't be an exporting country," Ken Maschhoff, chairman of Maschhoff Family Foods and co-owner of the nation's biggest family-owned pork producer told CNBC.
Maschhoff told the outlet that the farm industry has been "asked to be good patriots."
"We have been. But I don't want to be the patriot who dies at the end of the war," he continued. "If we go out of business, it's tough to look at my kids and the 550 farm families that look us into the eye and our 1,400 employees."
-
Let our country die off economically, via unfair trade practices, so the pork biz can keep making big money?
nah.
Mexico 132.4 BILLION in SURPLUS with us, and they dare put a tariff on pork from us?
FREAKING seriously? Sorry, pork co. - you lose.
*********************************************
Mexico posted the highest trade surpluses with the following countries:- United States: US$132.4 billion (country-specific trade surplus in 2017)
- Canada: $1.6 billion.
- Colombia: $1.5 billion.
- Guatemala: $1.2 billion.
- Peru: $997.3 million.
- Venezuela: $961.7 million.
- Belgium: $916.3 million.
- Australia: $845.8 million.
-
The U.S. has the leverage in trade wars.
-
So, assuming that hatred of trump is not your only motive, do those of you who are complaining so loudly think we would be better off just to turn a blind eye to China rampant violation of our intellectual property laws? Just allow them to do it so as to not anger them? That's the plan? Also remember that tariffs on our Goods will make them more expensive for Chinese people to purchase same as it works here.
WSS
-
The U.S. has the leverage in trade wars.
The U.S. has the leverage in trade wars.
and that leverage was lost when trump went to war with all our partners. why will anyone ofvthem capitulate now that they know all our industries will be facing pressure? soy for example. in a 1 to 1 war with china it may have been possible to alleviate some of those rariffs by finding other buyers....soy farmers may still have faced profit reduction but it would have been "something"
but why now would any of the other trading blocks we've pissed off help undermine chinas soy tariffs? they wont. and china wont undermine any tariffs imposed against us from any other xountry.
-
We will easily win this one. Canada and Mexico will renegotiate or face some hard hard times.
-
I think it's stupid for other countries, who benefit by our trade deficit with them,
to go into a trade war. They desperately want to keep their trade surplus with us that much?
nah. Time to hard bargain and stop being their money tree.
-
The U.S. has the leverage in trade wars.
and that leverage was lost when trump went to war with all our partners. why will anyone ofvthem capitulate now that they know all our industries will be facing pressure? soy for example. in a 1 to 1 war with china it may have been possible to alleviate some of those rariffs by finding other buyers....soy farmers may still have faced profit reduction but it would have been "something"
but why now would any of the other trading blocks we've pissed off help undermine chinas soy tariffs? they wont. and china wont undermine any tariffs imposed against us from any other xountry.
and that leverage was lost when trump went to war with all our partners. why will anyone ofvthem capitulate now that they know all our industries will be facing pressure? soy for example. in a 1 to 1 war with china it may have been possible to alleviate some of those rariffs by finding other buyers....soy farmers may still have faced profit reduction but it would have been "something"
but why now would any of the other trading blocks we've pissed off help undermine chinas soy tariffs? they wont. and china wont undermine any tariffs imposed against us from any other xountry.
What were you saying?
Germany willing to cut tariffs on US cars, lifting automakers’ shares
Two things that will define you: Your determination when you have nothing. Your attitude when you have everything. - Mike McCartney -
Who will say' UNCLE' first? Not the USA! MAGA!
-
and that leverage was lost when trump went to war with all our partners. why will anyone ofvthem capitulate now that they know all our industries will be facing pressure? soy for example. in a 1 to 1 war with china it may have been possible to alleviate some of those rariffs by finding other buyers....soy farmers may still have faced profit reduction but it would have been "something"
but why now would any of the other trading blocks we've pissed off help undermine chinas soy tariffs? they wont. and china wont undermine any tariffs imposed against us from any other xountry.
What were you saying?
Germany willing to cut tariffs on US cars, lifting automakers’ shares
What were you saying?
Germany willing to cut tariffs on US cars, lifting automakers’ shares
hey thats great, germany capitulated to bmw/mercedes etc etc who said we cant lose the american market. those are high end automobiles so they cant "dump" that product anywhere else.
look im relaying alot of things that i was personally told, like the soybean farmer diwn in dayton who is a republican and voted for trump....buuttttt, he has his realities on the ground whether he personally likes trump or not is irrelevant. he's gonna take a bath on the the tariffs
-
What were you saying?
Germany willing to cut tariffs on US cars, lifting automakers’ shares
hey thats great, germany capitulated to bmw/mercedes etc etc who said we cant lose the american market. those are high end automobiles so they cant "dump" that product anywhere else.
look im relaying alot of things that i was personally told, like the soybean farmer diwn in dayton who is a republican and voted for trump....buuttttt, he has his realities on the ground whether he personally likes trump or not is irrelevant. he's gonna take a bath on the the tariffs
hey thats great, germany capitulated to bmw/mercedes etc etc who said we cant lose the american market. those are high end automobiles so they cant "dump" that product anywhere else.
look im relaying alot of things that i was personally told, like the soybean farmer diwn in dayton who is a republican and voted for trump....buuttttt, he has his realities on the ground whether he personally likes trump or not is irrelevant. he's gonna take a bath on the the tariffs
Its simple economics, when you buy the most...you have the most leverage.
-
btw, these tariffs are proposed, not actually taking effect. I believe most of all,
the idea is communication of the problem, and bargaining posturing.
Hello! It looks like you're interested in this conversation, but you don't have an account yet.
Getting fed up of having to scroll through the same posts each visit? When you register for an account, you'll always come back to exactly where you were before, and choose to be notified of new replies (either via email, or push notification). You'll also be able to save bookmarks and upvote posts to show your appreciation to other community members.
With your input, this post could be even better 💗
Register Login