Nostra
Diamond Member
- Oct 7, 2019
- 90,434
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His tariff strategy keeps winning.
Another major player gets onboard the Trump Train.
Another major player gets onboard the Trump Train.
Trump inks massive trade deal with Japan.
- Thread starter Nostra
- Start date
Billiejeens
Diamond Member
- Jun 27, 2019
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Greatest 6 months of any presidency in the history of history.
- Moderator
- #3
My earlier skepticism of the tariffs seems to have been unfounded.
Well done!
Now do China.
Well done!
Now do China.
shockedcanadian
Diamond Member
- Aug 6, 2012
- 43,838
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The Japaneze leader just got crushed at home due to anti-immigrant sentiments and a lack.of work opportunities. It was prudent for Japan to sign a deal. They understand that trying to run out the clock as some countries are trying, is a rather lengthy and costly 3.5 year endeavour.
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1srelluc
Diamond Member
I heard that the Japan deal really puts the EU on edge because it signals most other countries are going to follow suit and they better come to terms before the music stops.
I bet the chi-coms about shit a brick because this is a huge deal.
I bet the chi-coms about shit a brick because this is a huge deal.
great news!!!
shockedcanadian
Diamond Member
- Aug 6, 2012
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I think the Japanese PM was holding out until their election results. He lost many seats and a day later the trade agreement with America is announced as he tries to avoid stepping down from his position after the losses. The Party that gained the most seats would work better with Trunps admin as they share philosophies. Regardless, the EU and Canada are falling behind as other smaller nations such as the Philppines agree to deals as well. Europe and others believed patience was a virtue, but all it will mean is higher tariffs on Aug.1st until a deal is struck so now it is Trunps team that benefits the longer the negotiations take. There are some who suggest that Trunp didnt do enough to ensure American auto access in Japan, we will see. Japan PM Ishiba welcomes Trump's 'massive' trade deal announcement.
Live Reporting
Edited by Yvette Tan with reporting from Peter Hoskins, Suranjana Tewari, Osmond Chia and Shaimaa KhalilJapan car stocks surge
Image source, Getty Images
Shares in Japan's biggest carmakers are soaring as Trump's announcement is seen as a boost to the country’s motor industry.
The deal will see the US import tax on cars and parts cut to 15% from 25%.
Investors welcomed the news, with shares in Nissan up around 8.5%, Honda gaining more than 11% and Toyota gaining over 14%.
Under the agreement, more US vehicles will be allowed into Japan - but that is unlikely to be seen as a major threat, Andy Staples from consultancy GeoPol Asia tells the BBC.
It is “a matter of other US brands not bothering to tailor a product for the Japanese market,” he says.
Japanese carmakers are more worried about competition from China, says economist Jesper Koll.
Chinese brands have dominated the global electric vehicle (EV) market, led by BYD - but cars from China have largely been banned from the American market in a move to protect American carmakers.
“Japan car CEOs will be happy to pay the 15% tariff to US as long as [the US] keeps Chinese cars out of the US market,” Koll says.
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Unkotare
Diamond Member
- Aug 16, 2011
- 145,615
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You should take off your mittens before typing.
shockedcanadian
Diamond Member
- Aug 6, 2012
- 43,838
- 42,908
- 3,605
What are you doing still up? Dont you have to work in the morning? Go get some well needed beauty sleep, copper, you've earned it. Stop trying to drag people away.from G-d.
Unkotare
Diamond Member
- Aug 16, 2011
- 145,615
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I'm working now, but thanks for the concern. The boys are sleeping and the Mrs. is prepping for dinner tomorrow. Some rare quiet hours.
Mac1958
Diamond Member
Good. Every little bit helps.
This whole tariff circus has been such a global ******* fiasco, it has wrecked our reputation, valuable relationships and international credibility and reputation to such a degree, that we need to celebrate anything.
So, yeah, good. Much more on the way soon, I hope.
This whole tariff circus has been such a global ******* fiasco, it has wrecked our reputation, valuable relationships and international credibility and reputation to such a degree, that we need to celebrate anything.
So, yeah, good. Much more on the way soon, I hope.
Meathead
Diamond Member
Thought we loved high taxes.
kyzr
Diamond Member
Buy American and avoid the tariffs/"taxes", duh.
Another massive win for America! Thanks Trump!
Meanwhile the 19 percenters that still approve of the demafascit party are using deflection and distraction to talk about a dead Dem donor pedo that trump already prosecuted
Such a sad little cult
Meanwhile the 19 percenters that still approve of the demafascit party are using deflection and distraction to talk about a dead Dem donor pedo that trump already prosecuted
Such a sad little cult
Independent thinker
Diamond Member
- Oct 15, 2015
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But but but, orange man bad.
BluesLegend
Diamond Member
$550 BILLION and several hundred thousand jobs for Americans! That's just 1 trade deal with 1 country. All Democrats can now eat shit and apologize to American workers.
The Duke
Diamond Member
- Jul 30, 2022
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Actually that was Maureen Comey that prosecuted him, and his lawyer died yesterday.
Also Maureen Comey was fired the other day.
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kyzr
Diamond Member
Sounds good, but I've seen that movie before....Stargate
SoftBank, OpenAI scale back Stargate plans, eye smaller data center
OpenAI and SoftBank scale back their $500B Stargate project, shifting focus to a smaller AI data center amid internal disagreements and evolving priorities.
americanbazaaronline.com
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