What is driving this trade war?

[j-mac]

China does NOT control your pharmceuticals. Only 7% of your pharma imports come from China. Stop believing the shit Trump tells you.

That's an increase of nearly 500%...Our pharma should be made here in America.

World markets are open to American goods, but African and Asian third world countries cannot afford high end American consumer goods, and they're not ever going to be buying them.

We'll see.

 

[j-mac]

You've got a lot of damn gall telling ANYONE Trump is attacking to "mind their own business". When Trump interferes with our government and our security, you bet your ass we're not letting you off the hook for electing this bozo.

Yeah, I DO know that manufacturing is NOT coming back. It's not physically possible to bring it back. The manufacturing that IS coming back, is all automated and needs highly trained workers to run it.

This isn't a "ball game" Mac. And Trump isn't holding ANY cards. Trump is acting like he's the King of the World and can do whatever the fuck he wants, and the rest of us are forced to go along with whatever he wants. The rest of the world owns US Treasury Bonds - Trillions of Dollars in Treasury bonds.

Trump pulled back on his tariffs, because the rest of the world started selling off your Treasury Bonds, and rate went up, the dollar went down, and the stock market was collapsing.

Your mistake is believing that Trump knows what he's doing. He doesn't have the first clue. He's just making it up as he goes along. This is why he's bankrupted all of the companies he tried to build.

You're going to lose this battle...And, you know it...

 

[Clipper]

Yeah, economists and business leaders are just exasperated. This is an impossible environment for any kind of critical planning and execution of business strategy, and it's pretty clear that Trump and MAGA have no idea what that means.

But will we "win" this? I guess it depends on the definition of "win". Trump's foreign policy in general is "you need us more than we need you, so nyah nyah nyah". And to a degree he's right, at least for now. So the plan is to bully countries into bending over for the bully. The global economy is just set up that way. So yeah, he could "win" that.

The question, of course, is at what cost. We have lost all credibility and soft power and every single country knows we'll stab it in the back on a whim. They're making new trade alliances and will do everything they can to extricate themselves from us ASAP. America is now a predator country, and that's how we'll be treated going forward.

Sadly, the flock thinks that this trade war will improve their lives in some material, tangible way. It most likely will not.

Either way, the world now knows: America is no longer about "freedom & liberty". It's about money & power.

Trump pulled that formula to use as trade policy out of Peter Navarros's ass. What could possibly go wrong when those two numbskulls put their heads together?

The MAGA herd may or not smarten up when their 401k's aren't worth the paper their printed on, when farmers are forced into bankruptcy, Dollar Tree raises prices, they lose SNAP benefits & Medicaid, when U.S. citizens are deported to some foreign gulag for speaking out, they have to take in their elderly parents who have dementia because nursing homes are forced to close, their side piece can't get an abortion etc etc etc.

But they probably won't.

 

[eagle1462010]

Trump pulled that formula to use as trade policy out of Peter Navarros's ass. What could possibly go wrong when those two numbskulls put their heads together?

The MAGA herd may or not smarten up when their 401k's aren't worth the paper their printed on, when farmers are forced into bankruptcy, Dollar Tree raises prices, they lose SNAP benefits & Medicaid, when U.S. citizens are deported to some foreign gulag for speaking out, they have to take in their elderly parents who have dementia because nursing homes are forced to close, their side piece can't get an abortion etc etc etc.

But they probably won't.

And more debt til our currency is toilet paper.

Your Career politicians brought us here.

They are LOSERS. Time to STFU and attempt MAGA

 

[eagle1462010]

 

[Clipper]

And more debt til our currency is toilet paper.

Your Career politicians brought us here.

They are LOSERS. Time to STFU and attempt MAGA

Look at the budget that Johnson's NutHouse is proposing then talk to me about debt.

 

[eagle1462010]

Look at the budget that Johnson's NutHouse is proposing then talk to me about debt.

Tell me about Buden

 

[Dragonlady]

You're going to lose this battle...And, you know it...

You dollar is down. Interest rates are up, and nobody is buying your Treasury Bills.

And more debt til our currency is toilet paper.

Your Career politicians brought us here.

They are LOSERS. Time to STFU and attempt MAGA

It's not your "career politicians" who have brought you here. It's guys like Dick Cheney and Donald Trump who only wanted access to the Treasury to line their own pockets.

It's voting for the guy you'd like to have a beer with instead of the most qualified for the job.

It's believing that your political leaders are "elites" who know better than you.

 

[forkup]

Tell me about Buden

Why? He's not in the White House. The Dems aren't in control of the House, Senate, or the Supreme court.

This is entirely inspired, voted on, and executed by the people you support. So, you don't get to say. But..., but..., but, what about Biden.

 

[Dragonlady]

Tell me about Buden

Biden has NOTHING to do with Congress or the Budget. Tell us about how Trump fucked over your entire country in less than 100 days, with a pointless tariff war that he had no hope of winning.

The USA has lost its world economic leadership, as well as its lead role in world trade. The World Trade Organization, the World Bank, and the International Monetary Fund, as well as the United Nations, are all headquartered in New York because these are all the infrastructure put into place to ensure American dominance of the world economy and to secure the peace to the benefit of the AMERICAN ECONOMY.

Nobody is "taking advantage" of the USA. You were the richest, most powerful nation in the world, until Trump squandered your power and weakened you to the point of near economic collapse. You're still the richest nation in the world, but no longer the most powerful.

 

[WelfareQueen]

What is the one (1) consistent common denominator in virtually ALL of Trump's relationships? The ONE thing he will ALWAYS complain about?

It's about how he is "treated". If he feels he has not been "treated" well enough, he gets angry and acts out. This is something that is happening in his head alone. He is the one who decides on the spot if he's being "treated" well enough. If not, here we go.

So in this case, he has obviously felt for decades that he has somehow been taken advantage of by other countries. That they're getting the better of him somehow. So now he's responding in the only way he knows: He's attacking without looking at a bigger picture. He attacks, sees that the results are bad, and then changes course.

I know that Trump's fans think that they'll see a clear, tangible and material difference in their lives once Trump has exacted his revenge on all those countries. The sad thing here is, on balance, they will not. There are larger issues that influence the vector of an economy.

You really are an idiot Mac & Cheese.

 

[Billiejeens]

You know what's funny? Last year we didn't even know that China was a problem. Because they weren't. During the election, Trump blamed Democrats. Today he's blaming every other country in the world. He's blaming everyone except the corporations and CEO's who did this to our uneducated blue collar workers.

Remember when America was great, uneducated blue collar workers could raise a family on what they made. Trump promised uneducated blue collar workers to bring those days back. He will NEVER. But that was the promise. So I'm waiting.

You could just get an education.

 

[Billiejeens]

You are one of the purist rubes here.
China was given preferred trade status, then allowed total access to U.S. markets - and from day one - broke every international trade law that exist. All of them. Including the most watched - IP theft. They do it every single fucking day.
And here you are defending their ability to do keep doing it by PRETENDING it isn't happening just like Congress and the markets pretend they don't do it so they themselves can also make money off of their slave labor.

No one takes you seriously. How you haven't seen that by now is curious. You must be so full of yourself, you just can't see it.

He does appear to have a couple of alts that cheer him on.

 

[jc456]

You've got a lot of damn gall telling ANYONE Trump is attacking to "mind their own business". When Trump interferes with our government and our security, you bet your ass we're not letting you off the hook for electing this bozo.

Yeah, I DO know that manufacturing is NOT coming back. It's not physically possible to bring it back. The manufacturing that IS coming back, is all automated and needs highly trained workers to run it.

This isn't a "ball game" Mac. And Trump isn't holding ANY cards. Trump is acting like he's the King of the World and can do whatever the fuck he wants, and the rest of us are forced to go along with whatever he wants. The rest of the world owns US Treasury Bonds - Trillions of Dollars in Treasury bonds.

Trump pulled back on his tariffs, because the rest of the world started selling off your Treasury Bonds, and rate went up, the dollar went down, and the stock market was collapsing.

Your mistake is believing that Trump knows what he's doing. He doesn't have the first clue. He's just making it up as he goes along. This is why he's bankrupted all of the companies he tried to build.

Call? You ain’t a us citizen bitch

 

[cnm]

No we remember from last time the orange idiot, was in office.

'Here's your check': Trump's massive payouts to farmers ...​

MAGAts have forgotten...

 

[Tumblin Tumbleweed]

Now I guess he's exempting cell phones, computers and chips from the tariffs.

Maybe.

He's changing this every fuckin' day, just twisting in the wind.

There was never a plan. This was faked from Day One.

What an embarrassment. But it's much more than just an embarrassment now.

Disaster administration 2.0. As predicted.

 

[krichton]

Dp you know the Communist system at all? they outright ban words with risk of jail, Winnie The Pooh for instance because Xi felt it was an attack on how he looks. They banned NBA games because someone spoke about freedom, Hollywood, on and on.

America must win because a world run by Communists is a world of misery and suffering. If I am Trump I tell Tik Tok to go offline until China allows access for their social media, I increase tariffs to 200% and start delisting many Chinese companies who dont follow the rules.

Also, as Ive said before, he should have his team write a speech for him detailing Chinas abuses and speak to the nation. From the poisons they send, to spying, propping up Russia war, theft, human right aabuses and actions against their neigbours, let the American people know why all of this is necessary. The suffering going on in America is self-inflicted! All because of weak leadership who let the CCP take over islands and poison their nation.

"Late yesterday, President Trump signed executive orders targeting two former officials who criticized him. Escalating his retribution campaign, the president directed the Justice Department to investigate Miles Taylor, a former Homeland Security official, and Christopher Krebs, a top cybersecurity official overseeing elections, both political appointees during Trump's first term.

The president accused Taylor, without evidence, of treason.

Donald Trump, President of the United States: I think it's a very important case. And I think he's guilty of treason, if you want to know the truth. But we will find out.

This guy Krebs was saying, oh, the election was great. It was great. That was a very corrupt election. They use COVID to cheat. And we're going to find out about this guy too."


Trump is having former officials investigated for treason because they expressed opinions he doesn't agree with. Trump has more in common with your communists than he does with Americans.

 

[Mac1958]

Trump pulled that formula to use as trade policy out of Peter Navarros's ass. What could possibly go wrong when those two numbskulls put their heads together?

The MAGA herd may or not smarten up when their 401k's aren't worth the paper their printed on, when farmers are forced into bankruptcy, Dollar Tree raises prices, they lose SNAP benefits & Medicaid, when U.S. citizens are deported to some foreign gulag for speaking out, they have to take in their elderly parents who have dementia because nursing homes are forced to close, their side piece can't get an abortion etc etc etc.

But they probably won't.

Correct, because their immediate impulse will be to blame someone else.

Trump is blinking now while our biggest trading partners are patiently watching. He needs to keep blinking and get us the fuck out of this. The only thing stopping him now is that he hasn't come up with a way to pretend it's a victory.

Now we've lost all trust around the world. We've become a menace to finance. The whole fucking system damn near froze when the bond market collapsed. We're fucking things up for pretty much everyone.

It's important to optimize our trade situation at all times. But Navarro ("Ron Vara") is a demonstrable fraud and Trump has ZERO macro understanding of this topic or appreciation for its complexities. As usual. That's MAGA.

 

[Mac1958]

Donald (Smoot-Hawley) Trump doesn't do relationships. He is transactional only. He avoids relationships because he knows he may need to stab you in the back at any moment.

Well guess what: Financial dealings and agreements ARE relationships. There is no changing that. His mental illness will never take precedence over that fact.

 

[Mac1958]

Disaster administration 2.0. As predicted.

I saw a video of a Trumpster, with a knowing, condescending smile (remember, they know something the rest of us don't), say that Trump is playing five-dimensional chess here. The REASON he's trying to crash the economy is so that interest rates can come down and people can buy homes again.

Fuck.

And this is why I no longer bother.