Doc Posted Tuesday at 06:57 PM Posted Tuesday at 06:57 PM 30 minutes ago, Doc Brown said: Which they will be successful at doing unless Trump lifts the tariff policy on other countries. Reducing tariffs between the US and other countries doesn't target China.
Doc Brown Posted Tuesday at 06:59 PM Posted Tuesday at 06:59 PM 8 minutes ago, daz28 said: This is why fascists always lose. Because they're bold and overconfident. That's always their downfall. It made ZERO sense to start tariff wars with the whole world. You manipulate each of them against each other if you're smart. if you're real stupid, you make them all your enemies at the getgo. Fascist? A bit hyperbolic. Should the executive branch have this much power? No. Is Trump a fascist? No. 1 minute ago, Doc said: Reducing tariffs between the US and other countries doesn't target China. Yes it does. Eliminating tariffs completely works even better.
daz28 Posted Tuesday at 07:05 PM Posted Tuesday at 07:05 PM 2 minutes ago, Doc Brown said: Fascist? A bit hyperbolic. Should the executive branch have this much power? No. Is Trump a fascist? No. Would he love to be fascist? That's the only question you ever have to ask, when you're wondering if someone is good for your democracy. The fascist comment was mainly in a 'tariff war' to real war comparison. Mussolini thought he had big britches, and could barely beat Ethiopia. Hitler thought he could take on the USA, England, and Russia at the same time. Very foolhardy. A good lesson for any nationalist, that thinks they're better than anyone else.
Doc Brown Posted Tuesday at 07:08 PM Posted Tuesday at 07:08 PM Just now, daz28 said: Would he love to be fascist? That's the only question you ever have to ask, when you're wondering if someone is good for your democracy. The fascist comment was mainly in a 'tariff war' to real war comparison. Mussolini thought he had big britches, and could barely beat Ethiopia. Hitler thought he could take on the USA, England, and Russia at the same time. Very foolhardy. A good lesson for any nationalist, that thinks they're better than anyone else. All it does by you calling him a fascist is raise the temperature in the room and makes reasonable people less likely to take your opinion seriously. 1 3
daz28 Posted Tuesday at 07:09 PM Posted Tuesday at 07:09 PM Just now, Doc Brown said: All it does by you calling him a fascist is raise the temperature in the room and makes reasonable people less likely to take your opinion seriously. Maybe the temperature needs turning up. People can take my opinion any way they want. I'm fine knowing it was just simply received.
Doc Brown Posted Tuesday at 07:19 PM Posted Tuesday at 07:19 PM 1 minute ago, daz28 said: Maybe the temperature needs turning up. People can take my opinion any way they want. I'm fine knowing it was just simply received. No. It doesn't. All it does is increase the number of extremists on both sides and makes regular Americans extremely cynical/skeptical of the political process.
daz28 Posted Tuesday at 07:24 PM Posted Tuesday at 07:24 PM 3 minutes ago, Doc Brown said: No. It doesn't. All it does is increase the number of extremists on both sides and makes regular Americans extremely cynical/skeptical of the political process. I understand and respect that opinion, but there's also been times when the heat needed turning up, but it wasn't.
daz28 Posted Tuesday at 07:44 PM Posted Tuesday at 07:44 PM There's the cave, and it isn't China announcing it: Treasury Secretary Scott Bessent expects the U.S. and China to begin de-escalating their trade hostilities in the “very near future,” he said at an event in Washington, D.C., on Tuesday organized by JPMorgan, a person in the room told Barron’s. Those tariffs are “an embargo on both sides” that effectively ends trade between the U.S. and China, Bessent said, according to the person. But Bessent added that the goal isn’t for the U.S. and China to decouple their economies. Rather, he believes the unsustainable tariff situation is likely to drive both the U.S. and China to recalibrate their trade relationship. That would begin a potentially difficult set of negotiations.
wnyguy Posted Tuesday at 07:50 PM Posted Tuesday at 07:50 PM 2 minutes ago, daz28 said: There's the cave, and it isn't China announcing it: Treasury Secretary Scott Bessent expects the U.S. and China to begin de-escalating their trade hostilities in the “very near future,” he said at an event in Washington, D.C., on Tuesday organized by JPMorgan, a person in the room told Barron’s. Those tariffs are “an embargo on both sides” that effectively ends trade between the U.S. and China, Bessent said, according to the person. But Bessent added that the goal isn’t for the U.S. and China to decouple their economies. Rather, he believes the unsustainable tariff situation is likely to drive both the U.S. and China to recalibrate their trade relationship. That would begin a potentially difficult set of negotiations. Is it a "cave" if it turns out to be a fair trade relationship between the 2 countries or, naah?
daz28 Posted Tuesday at 07:50 PM Posted Tuesday at 07:50 PM (edited) If you were writing a book called art of the deal, what would you consider to be the best move here: Call the citizens of a trade war "peasants", and piss them off, which gives the Chinese government more leeway with them; or call them "peasants", and mean that their government is cheating them, and take pressure off? This administration seems to be clueless about everything. 2 minutes ago, wnyguy said: Is it a "cave" if it turns out to be a fair trade relationship between the 2 countries or, naah? I don't think we'll ever know if a fair deal was made. I'm almost certain that it will be billed as the greatest move that America has ever made. Can't have a golden age, without the best deals ever!!! Has anyone ever gotten an estimate or timeline on when this will start happening??? There's a lot of 'Day 1' people still holding their breath for a lot of other things. Edited Tuesday at 07:53 PM by daz28
Big Blitz Posted Tuesday at 08:07 PM Posted Tuesday at 08:07 PM Slave labor allows money to be thrown around like this.
wnyguy Posted Tuesday at 08:12 PM Posted Tuesday at 08:12 PM 20 minutes ago, daz28 said: If you were writing a book called art of the deal, what would you consider to be the best move here: Call the citizens of a trade war "peasants", and piss them off, which gives the Chinese government more leeway with them; or call them "peasants", and mean that their government is cheating them, and take pressure off? This administration seems to be clueless about everything. I don't think we'll ever know if a fair deal was made. I'm almost certain that it will be billed as the greatest move that America has ever made. Can't have a golden age, without the best deals ever!!! Has anyone ever gotten an estimate or timeline on when this will start happening??? There's a lot of 'Day 1' people still holding their breath for a lot of other things. I have a feeling that no matter what this administration does it will never be good enough in your eyes. It's ok I get it, Trump bad.
Doc Brown Posted Tuesday at 08:43 PM Posted Tuesday at 08:43 PM 35 minutes ago, Big Blitz said: Slave labor allows money to be thrown around like this. Take that Canada.
daz28 Posted Tuesday at 08:46 PM Posted Tuesday at 08:46 PM 32 minutes ago, wnyguy said: I have a feeling that no matter what this administration does it will never be good enough in your eyes. It's ok I get it, Trump bad. It's his fault I don't trust him. You can blame the media for that, but it was really just his 10 million things that he's said and done that make me believe it. Honestly, I have no clue what a great trade deal would be. I just know he can't be trusted, and he's not smart. 1
Joe Ferguson forever Posted Tuesday at 09:06 PM Posted Tuesday at 09:06 PM 57 minutes ago, wnyguy said: Is it a "cave" if it turns out to be a fair trade relationship between the 2 countries or, naah? what metrics would you propose to judge win from loss? I'd say Inflation, the stock market, bond rates, employment. down the road, wages, factory start ups. And I don't think our cost of the trust of important neighboring allies can be replaced by these easily.
Doc Posted Tuesday at 09:07 PM Posted Tuesday at 09:07 PM 2 hours ago, Doc Brown said: Yes it does. Eliminating tariffs completely works even better. No. If tariffs are even between countries it has nothing to do with China. An example I heard was Vance trying to get India to not buy energy from China. Not sure how accurate that was but that would be targeting China.
Doc Brown Posted Tuesday at 09:08 PM Posted Tuesday at 09:08 PM Auto groups lobby Trump administration against parts tariffs in rare unified message Six of the top policy groups representing the U.S. automotive industry are uncharacteristically joining forces to lobby the Trump administration against 25% tariffs on auto parts that are set to take effect by May 3. The group – representing franchised dealers, suppliers and nearly all major automakers – say in a letter to Trump administration officials that the upcoming levies could jeopardize U.S. automotive production. The letter notes many auto suppliers are already “in distress” and wouldn’t be able to afford the additional cost increases, leading to broader industry problems. “Most auto suppliers are not capitalized for an abrupt tariff induced disruption. Many are already in distress and will face production stoppages, layoffs and bankruptcy,” the letter reads. “It only takes the failure of one supplier to lead to a shutdown of an automaker’s production line. When this happens, as it did during the pandemic, all suppliers are impacted, and workers will lose their jobs.”
Doc Brown Posted Tuesday at 09:39 PM Posted Tuesday at 09:39 PM 17 minutes ago, Doc said: No. If tariffs are even between countries it has nothing to do with China. An example I heard was Vance trying to get India to not buy energy from China. Not sure how accurate that was but that would be targeting China. What? If tariffs are even? What are you talking about? If you want to squeeze out China the goal should be to build a durable and dependable supply chain that reduces our reliance on China. A universal 10% tariff on other countries and for some reason a 35% tariff on Canadian lumber for example is antithetical to squeezing out China.
daz28 Posted Tuesday at 10:33 PM Posted Tuesday at 10:33 PM 1 hour ago, Joe Ferguson forever said: what metrics would you propose to judge win from loss? I'd say Inflation, the stock market, bond rates, employment. down the road, wages, factory start ups. And I don't think our cost of the trust of important neighboring allies can be replaced by these easily. That's the beauty of it. The metric will be our economy in 10 years, after 2 more Democrats have held the presidency, that removed all the stuff he did, using his own illegal methods. This whole thing is really absurd. The only thing that makes sense is he's a flagpole sitter. MUST HAVE EYES ON ME!!!
Joe Ferguson forever Posted Tuesday at 10:57 PM Posted Tuesday at 10:57 PM 21 minutes ago, daz28 said: That's the beauty of it. The metric will be our economy in 10 years, after 2 more Democrats have held the presidency, that removed all the stuff he did, using his own illegal methods. This whole thing is really absurd. The only thing that makes sense is he's a flagpole sitter. MUST HAVE EYES ON ME!!! nAh. we need to see the stock and bond markets stabilize and then improve right now. things is bad!. T Bill rates stay up or go up further., the deficit increases way more. We lose more leverage and we start a viscous cycle. And none of the NYC shyster types couldn't have predicted this?
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