| He's insane! 18:32 - Apr 9 with 5159 views | BanksterDebtSlave |
Trump also said he would be raising tariffs on China to 125%, also effective immediately, citing the “lack of respect that China has shown to the world’s markets”.
Edit....the madman's statement in full....
"Based on the lack of respect that China has shown to the World’s Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately. At some point, hopefully in the near future, China will realize that the days of ripping off the U.S.A., and other Countries, is no longer sustainable or acceptable.
Conversely, and based on the fact that more than 75 Countries have called Representatives of the United States, including the Departments of Commerce, Treasury, and the USTR, to negotiate a solution to the subjects being discussed relative to Trade, Trade Barriers, Tariffs, Currency Manipulation, and Non Monetary Tariffs, and that these Countries have not, at my strong suggestion, retaliated in any way, shape, or form against the United States, I have authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately.
Thank you for your attention to this matter!" [Post edited 9 Apr 18:34]
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| He's insane! on 20:03 - Apr 9 with 1208 views | WestStanderLaLaLa |
Massive U turn from the master negotiator. Will the scales fall from his supporters eyes. |  |
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| He's insane! on 20:03 - Apr 9 with 1206 views | Lord_Lucan |
| He's insane! on 19:48 - Apr 9 by SuperKieranMcKenna |
The idea of protecting blue collar jobs via protectionism is arguably where the hard right and hard left collide (see Bankster cheering on the ‘end of globalisation’). As a couple of people have pointed out some US unions supported the tariffs. It was the motivation of many Lexiteers, and the reason Corbyn was a lifelong Brexiteer (before feebly changing his mind for the referendum). It certainly flies in the face of liberalisation of global free trade which I don’t think anyone would describe as left wing. Most ‘left wing’ if we are talking communist nations were incredibly insular.
But this strikes me as sheer populism with a different stance from one day to the next. |
The problem with the term left and right wing is that it is never exact, the other issue is some people band left and right around as an insult without truly understanding it.
Mullet earlier said "this is classic nationalism not nationalisation", indicating that nationalisation was a left wing thing, which it is.
However, I would say the most effective leader with regards to nationalisation was Adolf Hitler. So, was Adolf a leftie? |  |
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| He's insane! on 20:18 - Apr 9 with 1149 views | iamatractorboy |
And of course knowing full well that he is immune from prosecution thanks to the Supreme Court (well the majority of them) being up his ar5e |  | | |
| He's insane! on 20:25 - Apr 9 with 1128 views | Guthrum |
| He's insane! on 20:03 - Apr 9 by Lord_Lucan |
The problem with the term left and right wing is that it is never exact, the other issue is some people band left and right around as an insult without truly understanding it.
Mullet earlier said "this is classic nationalism not nationalisation", indicating that nationalisation was a left wing thing, which it is.
However, I would say the most effective leader with regards to nationalisation was Adolf Hitler. So, was Adolf a leftie? |
It's a bit complicated.
The nazis did start out with quite socialist economic ideas - similar to Mussolini's Fascisti in Italy*. Opposed to communism, but notionally favouring the working class and against big business.
However, the more socialist Strasserite group (based in Berlin) were defeated by Hitler's Munich faction. In practice, when the nazis came to power, Hitler rapidly cosied up to the big business families, such as the Thyssens - who were feeding him money - and did anything but nationalise their companies. The last really socialist elements went with the destruction of Rohm and the SA in the 1934 Night of the Long Knives.
I'm not a big fan of strict "left" and "right" classifications. It only relates to where people used to sit in the French National Assembly.
* Before the communist partisans shot the captured Duce, they asked him "Why did you betray socialism?". |  |
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| He's insane! on 20:30 - Apr 9 with 1097 views | ElderGrizzly |
Basically this every time….
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| He's insane! on 20:32 - Apr 9 with 1102 views | Guthrum |
| He's insane! on 19:48 - Apr 9 by SuperKieranMcKenna |
The idea of protecting blue collar jobs via protectionism is arguably where the hard right and hard left collide (see Bankster cheering on the ‘end of globalisation’). As a couple of people have pointed out some US unions supported the tariffs. It was the motivation of many Lexiteers, and the reason Corbyn was a lifelong Brexiteer (before feebly changing his mind for the referendum). It certainly flies in the face of liberalisation of global free trade which I don’t think anyone would describe as left wing. Most ‘left wing’ if we are talking communist nations were incredibly insular.
But this strikes me as sheer populism with a different stance from one day to the next. |
It's a bunch of revolutionaries with some fixed ideas about what they want to achieve, but not enough practical knowlege to chart a course to get there.
Like a bunch of kids who want to go to the Moon, in the Space Shuttle randomly pressing buttons to see what happens. Very spoilt kids, who've never been taught to read instructions or listen to advice. | |
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| He's insane! on 20:32 - Apr 9 with 1104 views | nodge_blue |
He is just trolling the world. But especially China.
Think he wants to split Russia away from China but i doubt that will happen cos Putin and Xi probably trust each other more. |  |
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| He's insane! on 20:41 - Apr 9 with 1069 views | BanksterDebtSlave |
| He's insane! on 19:48 - Apr 9 by SuperKieranMcKenna |
The idea of protecting blue collar jobs via protectionism is arguably where the hard right and hard left collide (see Bankster cheering on the ‘end of globalisation’). As a couple of people have pointed out some US unions supported the tariffs. It was the motivation of many Lexiteers, and the reason Corbyn was a lifelong Brexiteer (before feebly changing his mind for the referendum). It certainly flies in the face of liberalisation of global free trade which I don’t think anyone would describe as left wing. Most ‘left wing’ if we are talking communist nations were incredibly insular.
But this strikes me as sheer populism with a different stance from one day to the next. |
I'm a centrist ....... mate!
Globalisation that serves the interests of big business(and market gamers!) over the best interests of the average working person and the ecosystem will never get my backing. | |
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| He's insane! on 20:43 - Apr 9 with 1064 views | Guthrum |
| He's insane! on 19:24 - Apr 9 by Joey_Joe_Joe_Junior |
Very chaotic but was he is throwing muscle around and hoping for better deals at the end of these 90 days?
Also knowing the market would bounce back based on announcements, as business is all a confidence game.
Or was he never planning to pause but a lot of US business leaders have been in his ear?
Who knows. |
One of the problems for Trump's position is that it's all very well to demand people come and set up factories in the US, but that takes a considerable time, for construction and equipping. Not to mention recruiting and training staff. It can't be turned on like a tap. In the meantime, vendors and assembly plants are cut off from their supply chains.
Another is that not all raw materials are obtainable in country. Particularly foodstuffs which grow in other climates. They simply cannot be replaced with domestic production. | |
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| He's insane! on 20:49 - Apr 9 with 1036 views | TractorWood |
| He's insane! on 20:43 - Apr 9 by Guthrum |
One of the problems for Trump's position is that it's all very well to demand people come and set up factories in the US, but that takes a considerable time, for construction and equipping. Not to mention recruiting and training staff. It can't be turned on like a tap. In the meantime, vendors and assembly plants are cut off from their supply chains.
Another is that not all raw materials are obtainable in country. Particularly foodstuffs which grow in other climates. They simply cannot be replaced with domestic production. |
Not to mention the staffs hourly rate will go from $3 per hour to $50. |  |
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| He's insane! on 20:54 - Apr 9 with 1011 views | Joey_Joe_Joe_Junior |
| He's insane! on 20:43 - Apr 9 by Guthrum |
One of the problems for Trump's position is that it's all very well to demand people come and set up factories in the US, but that takes a considerable time, for construction and equipping. Not to mention recruiting and training staff. It can't be turned on like a tap. In the meantime, vendors and assembly plants are cut off from their supply chains.
Another is that not all raw materials are obtainable in country. Particularly foodstuffs which grow in other climates. They simply cannot be replaced with domestic production. |
Also 3.5% unemployment rate and a pretty good standard of living (ok that is very dependent on circumstance but wages across the middle class are quite high here).
Is there an appetite to for factory jobs in America, especially with the move towards machinery replacing a lot of it. The link between labor costs and goods is pretty obvious and a reason why so much is made abroad. |  | | |
| He's insane! on 21:09 - Apr 9 with 940 views | Lord_Lucan |
| He's insane! on 20:54 - Apr 9 by Joey_Joe_Joe_Junior |
Also 3.5% unemployment rate and a pretty good standard of living (ok that is very dependent on circumstance but wages across the middle class are quite high here).
Is there an appetite to for factory jobs in America, especially with the move towards machinery replacing a lot of it. The link between labor costs and goods is pretty obvious and a reason why so much is made abroad. |
So what's the biggest must have? iPhone?
iPhones are made mainly in Zhengzhou. The workers are basically slaves. They are forced to live on a complex and they have their ID cards taken off them so they can't escape.
Not sure how USA is going to compete with the manufacturing costs.
The only thing Apple could do would be to move production to India, Cambodia, Taiwan (that won't happen) or Vietnam - but by the time they switched it will be too late.
You are like a son to me JJJJJ and I know how you have embraced Yankee Doodle Dandy. In fact, do you remember when we met in Tooting and you asked my advice on the USA move?
So, although I encouraged you to go, you know full fact that I have never been a fan of Uncle Sam. It may be a bit snidey but in a way I really hope this sh1t comes back to bite them in a big way. | |
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| He's insane! on 21:13 - Apr 9 with 911 views | Guthrum |
| He's insane! on 20:54 - Apr 9 by Joey_Joe_Joe_Junior |
Also 3.5% unemployment rate and a pretty good standard of living (ok that is very dependent on circumstance but wages across the middle class are quite high here).
Is there an appetite to for factory jobs in America, especially with the move towards machinery replacing a lot of it. The link between labor costs and goods is pretty obvious and a reason why so much is made abroad. |
Perhaps they could let people in from South and Central America to work in the factories?
Another Trump issue is that all of this is for the optics, what it does for his TV ratings and whether it keeps him on the front page (or gets his rally crowds cheering). I'm not sure he, personally, has put that much thought into how these things actually function. | |
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| He's insane! on 21:19 - Apr 9 with 876 views | TractorWood |
| He's insane! on 21:09 - Apr 9 by Lord_Lucan |
So what's the biggest must have? iPhone?
iPhones are made mainly in Zhengzhou. The workers are basically slaves. They are forced to live on a complex and they have their ID cards taken off them so they can't escape.
Not sure how USA is going to compete with the manufacturing costs.
The only thing Apple could do would be to move production to India, Cambodia, Taiwan (that won't happen) or Vietnam - but by the time they switched it will be too late.
You are like a son to me JJJJJ and I know how you have embraced Yankee Doodle Dandy. In fact, do you remember when we met in Tooting and you asked my advice on the USA move?
So, although I encouraged you to go, you know full fact that I have never been a fan of Uncle Sam. It may be a bit snidey but in a way I really hope this sh1t comes back to bite them in a big way. |
China's total disregard for rights, dignity and transparency make it almost impossible to compete with.
To think a factory in Idaho could even theoretically compete with this is beyond ludicrous. | |
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| He's insane! on 21:20 - Apr 9 with 861 views | Bugs |
| He's insane! on 19:07 - Apr 9 by Lord_Lucan |
What he's doing is actually extremely left wing.
Right-wing policies would be to support free trade |
Was Hitler a Socialist as well? |  | | |
| He's insane! on 21:23 - Apr 9 with 837 views | DJR |
| He's insane! on 19:07 - Apr 9 by Lord_Lucan |
What he's doing is actually extremely left wing.
Right-wing policies would be to support free trade |
He was once a Democrat and I tend to think he is at heart socially liberal on things like abortion.
This (along with things like his views on free trade) suggests to me that he is a mix of both left and right, but electorally he has decided to tie himself to the Republican mast. |  | | |
| He's insane! on 21:24 - Apr 9 with 834 views | Joey_Joe_Joe_Junior |
| He's insane! on 21:09 - Apr 9 by Lord_Lucan |
So what's the biggest must have? iPhone?
iPhones are made mainly in Zhengzhou. The workers are basically slaves. They are forced to live on a complex and they have their ID cards taken off them so they can't escape.
Not sure how USA is going to compete with the manufacturing costs.
The only thing Apple could do would be to move production to India, Cambodia, Taiwan (that won't happen) or Vietnam - but by the time they switched it will be too late.
You are like a son to me JJJJJ and I know how you have embraced Yankee Doodle Dandy. In fact, do you remember when we met in Tooting and you asked my advice on the USA move?
So, although I encouraged you to go, you know full fact that I have never been a fan of Uncle Sam. It may be a bit snidey but in a way I really hope this sh1t comes back to bite them in a big way. |
It's a clear example where it could and likely would hit US consumers directly in the pocket in the very near term. Trump thought he was a sure fire re-election in 2020 until Covid hit. Do you think Trump has forgotten, especially now more has come out about the pandemic. Could get rather interesting with China!
Tim Cook has slowly ramping up production in India for years for what it's worth.
Although so many goods come from China, I can't see it not causing some pain for consumers. The pausing today elsewhere though proves suggest there is a realization of what might happen by simply staying course.
And yes I do remember, it was in Wimbledon! [Post edited 9 Apr 21:31]
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| He's insane! on 21:27 - Apr 9 with 820 views | Guthrum |
| He's insane! on 21:19 - Apr 9 by TractorWood |
China's total disregard for rights, dignity and transparency make it almost impossible to compete with.
To think a factory in Idaho could even theoretically compete with this is beyond ludicrous. |
Tho behind a high enough tariff wall, they possibly could (or, at least, the inflated prices would match). Problem is, it will take a while to even get the Idaho factory up and running. | |
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| He's insane! on 21:27 - Apr 9 with 818 views | Nthsuffolkblue |
| He's insane! on 20:32 - Apr 9 by nodge_blue |
He is just trolling the world. But especially China.
Think he wants to split Russia away from China but i doubt that will happen cos Putin and Xi probably trust each other more. |
How's he going to react when China route all their US exports through Russia? |  |
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| He's insane! on 21:33 - Apr 9 with 775 views | Guthrum |
| He's insane! on 21:23 - Apr 9 by DJR |
He was once a Democrat and I tend to think he is at heart socially liberal on things like abortion.
This (along with things like his views on free trade) suggests to me that he is a mix of both left and right, but electorally he has decided to tie himself to the Republican mast. |
The Tea Party/MAGA end of the Republicans lionise him. The Democrats never would have done. It was obvious which one was the better vehicle. | |
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| He's insane! on 21:36 - Apr 9 with 751 views | Guthrum |
| He's insane! on 21:20 - Apr 9 by Bugs |
Was Hitler a Socialist as well? |
See my reply to Lucan as 20:25 | |
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| He's insane! on 21:38 - Apr 9 with 740 views | Lord_Lucan |
| He's insane! on 21:24 - Apr 9 by Joey_Joe_Joe_Junior |
It's a clear example where it could and likely would hit US consumers directly in the pocket in the very near term. Trump thought he was a sure fire re-election in 2020 until Covid hit. Do you think Trump has forgotten, especially now more has come out about the pandemic. Could get rather interesting with China!
Tim Cook has slowly ramping up production in India for years for what it's worth.
Although so many goods come from China, I can't see it not causing some pain for consumers. The pausing today elsewhere though proves suggest there is a realization of what might happen by simply staying course.
And yes I do remember, it was in Wimbledon! [Post edited 9 Apr 21:31]
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Trump thinks that China needs USA market. Of course it does but not like before.
USA is just a part of the jigsaw of trading blocks.
The big difference between now and 20 years ago is that the Chinese domestic market in that time spread has gone absolutely through the motherfecking roof baby!
.....Although they do still prefer Huawei | |
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| He's insane! on 21:55 - Apr 9 with 683 views | TractorWood |
| He's insane! on 21:27 - Apr 9 by Guthrum |
Tho behind a high enough tariff wall, they possibly could (or, at least, the inflated prices would match). Problem is, it will take a while to even get the Idaho factory up and running. |
I hear you. However, behind such a massive wall, whether made in the US or imported from China one has to question whether the underlying demand would remain for $3,000 iPhones or just get a Samsung from Korea for $300. | |
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| He's insane! on 21:58 - Apr 9 with 668 views | StokieBlue |
| He's insane! on 21:38 - Apr 9 by Lord_Lucan |
Trump thinks that China needs USA market. Of course it does but not like before.
USA is just a part of the jigsaw of trading blocks.
The big difference between now and 20 years ago is that the Chinese domestic market in that time spread has gone absolutely through the motherfecking roof baby!
.....Although they do still prefer Huawei |
China obviously would like to trade with the US but in reality it's only 15% of it's total exports as of 2023:
https://tradingeconomics.com/china/exports-by-country
China is actually the US third largest export destination:
https://tradingeconomics.com/united-states/exports-by-country
The difference is 300% but China certainly can push back for quite some time.
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| He's insane! on 22:02 - Apr 9 with 637 views | DJR |
The BBC reported this morning that Chinese exports to the US are 2% of Chinese GDP. | | | |
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