Author Topic: Tarriffs/Trade War  (Read 8360 times)

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Offline eyephone

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Re: Tarriffs/Trade War
« Reply #15 on: July 24, 2018, 01:11:19 PM »
Republican Senators: Trump’s Farmer “Welfare” wont work

Sen. John Thune (R-SD) said the Department of Agriculture’s decision is an acknowledgement of the “unintended consequences” and “collateral damage” of Trump’s protectionist policies, while Sen. Ron Johnson (R-WI) said Trump was creating a “Soviet type economy.”

“The administration creates a problem for farmers, and now they need to put them on welfare. I think that’s kind of a misplaced policy,” Corker added.

https://www.google.com/amp/s/amp.thedailybeast.com/republican-senators-trumps-farmer-welfare-wont-work

My comment: Dude where’s my hand out? I’m growing some chili in a planter. ;)

Offline lnc

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Re: Tarriffs/Trade War
« Reply #16 on: August 09, 2018, 07:09:36 AM »
Signs that China might just back down.


Quote
Chinese leadership is facing a rare backlash for its handling of the US trade dispute

A growing trade war with the United States is causing rifts within China's Communist Party, with some critics saying that an overly nationalistic Chinese stance may have hardened the U.S. position, according to four sources close to the government.

President Xi Jinping still has a firm grip on power, but an unusual surge of criticism about economic policy and how the government has handled the trade war has revealed rare cracks in the ruling Communist Party.

A backlash is being felt at the highest levels of the government, possibly hitting a close aide to Xi, his ideology chief and strategist Wang Huning, according to two sources familiar with discussions in leadership circles.

There is a growing feeling within the Chinese government that the outlook for China has "become grim", according to a government policy advisor, following the deterioration in relations between China and the United States over trade. The advisor requested anonymity.

https://www.cnbc.com/2018/08/09/handling-of-us-trade-dispute-causes-rift-in-chinese-leadership-source.html

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Offline irvinehomeowner

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Re: Tarriffs/Trade War
« Reply #17 on: August 09, 2018, 07:45:51 AM »
See... as much as we need China because everything is made in China, China needs us because we buy everything made in China.

#symbiosis
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Offline eyephone

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Re: Tarriffs/Trade War
« Reply #18 on: August 09, 2018, 08:00:33 AM »
“China slaps retaliatory tariffs on $16 billion of U.S. goods

China struck back Wednesday at the U.S. with $16 billion in retaliatory tariffs, exactly matching President Donald Trump's latest escalation in the ongoing international trade war.”

https://www.nbcnews.com/business/economy/china-slaps-retaliatory-tariffs-16-billion-u-s-goods-n898641



Signs that China might just back down.


Quote
Chinese leadership is facing a rare backlash for its handling of the US trade dispute

A growing trade war with the United States is causing rifts within China's Communist Party, with some critics saying that an overly nationalistic Chinese stance may have hardened the U.S. position, according to four sources close to the government.

President Xi Jinping still has a firm grip on power, but an unusual surge of criticism about economic policy and how the government has handled the trade war has revealed rare cracks in the ruling Communist Party.

A backlash is being felt at the highest levels of the government, possibly hitting a close aide to Xi, his ideology chief and strategist Wang Huning, according to two sources familiar with discussions in leadership circles.

There is a growing feeling within the Chinese government that the outlook for China has "become grim", according to a government policy advisor, following the deterioration in relations between China and the United States over trade. The advisor requested anonymity.

https://www.cnbc.com/2018/08/09/handling-of-us-trade-dispute-causes-rift-in-chinese-leadership-source.html

Offline momopi

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Re: Tarriffs/Trade War
« Reply #19 on: August 09, 2018, 09:15:28 AM »
Trump wants a few "wins" prior to the mid term election in Nov:

* North Korean government agreeing to transfer xx% of its nuclear arsenal to US or 3rd country within x - xx months.

* China backing down on tariffs and seek new trade negotiation with US by mid-term election.  Trade with Iran might be used as bargaining chip (see below).

* US successfully pressure other countries (EU, Japan, SK, Taiwan, China, India, etc) to cut/reduce trade with Iran by Nov 4th.

etc.

Offline momopi

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Re: Tarriffs/Trade War
« Reply #20 on: August 09, 2018, 09:15:47 AM »
.

Offline Compressed-Village

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Re: Tarriffs/Trade War
« Reply #21 on: August 09, 2018, 09:30:40 AM »
Trump wants a few "wins" prior to the mid term election in Nov:

* North Korean government agreeing to transfer xx% of its nuclear arsenal to US or 3rd country within x - xx months.

* China backing down on tariffs and seek new trade negotiation with US by mid-term election.  Trade with Iran might be used as bargaining chip (see below).

* US successfully pressure other countries (EU, Japan, SK, Taiwan, China, India, etc) to cut/reduce trade with Iran by Nov 4th.

etc.

Trump will DESPERATELY NEED some of it by Nov 4. Our not allies anymore and the Chinese know this too and may going the opposite further to hurt his base.

Offline Kings

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Re: Tarriffs/Trade War
« Reply #22 on: August 27, 2018, 10:09:08 AM »
trade wars are easy. markets up. thanks to your favorite president!

Quote
Trump says he's 'terminating' NAFTA, announces new trade agreement with Mexico

President Trump on Monday said he plans to terminate the existing North American Free Trade Agreement, as he announced a new tentative agreement between the United States and Mexico that he described as "one of the largest trade deals ever made."

"I'll be terminating the existing deal and going into this deal," the president said in the Oval Office, calling it a "big day for trade."

But the president said Monday “we’ll see” if Canada can still be part of the trade pact, leaving open the possibility of separate agreements.

http://www.foxnews.com/politics/2018/08/27/trump-says-hes-terminating-nafta-announces-new-trade-agreement-with-mexico.html

Offline morekaos

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Re: Tarriffs/Trade War
« Reply #23 on: August 27, 2018, 10:23:54 AM »
Canada will buckle under next. Then Europe and China.  Easy Peasy.

Offline eyephone

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Re: Tarriffs/Trade War
« Reply #24 on: August 27, 2018, 10:26:22 AM »
Canada will buckle under next. Then Europe and China.  Easy Peasy.

Easy as North Korea? (You previously said he should get a Nobel peace prize)

Offline morekaos

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Re: Tarriffs/Trade War
« Reply #25 on: August 27, 2018, 10:37:50 AM »
Canada will buckle under next. Then Europe and China.  Easy Peasy.

Easy as North Korea? (You previously said he should get a Nobel peace prize)

That is still progressing and is light years ahead of where it would have been under another Clinton administration....Moving the ball downfieled while chugging a brew.  May not be pretty but I like all the yardage.


Offline eyephone

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Re: Tarriffs/Trade War
« Reply #26 on: August 27, 2018, 10:51:03 AM »
Canada will buckle under next. Then Europe and China.  Easy Peasy.

Easy as North Korea? (You previously said he should get a Nobel peace prize)

That is still progressing and is light years ahead of where it would have been under another Clinton administration....Moving the ball downfieled while chugging a brew.  May not be pretty but I like all the yardage.



Btw - we can’t see videos if we are using safari browser.

Dude there’s nothing to spin. The North Korea summit was all lights and glam like I previously said.

Offline Kings

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Re: Tarriffs/Trade War
« Reply #27 on: August 27, 2018, 11:22:59 AM »
remember this? good times! promises made, promises not kept!

Quote
Obama, Clinton take on NAFTA
In their last scheduled debate, the two talk trade in hard-hit Ohio, which holds its key primary Tuesday.

February 27, 2008

CLEVELAND — Toughening their stances as they appealed for votes in economically stricken Ohio, Barack Obama and Hillary Rodham Clinton said Tuesday that they would use the threat of opting out of the North American Free Trade Agreement to substantially renegotiate the treaty.

In a debate that was contentious -- between the candidates, and between Clinton and her questioners -- the two did not explicitly say that they would push for NAFTA to be rescinded.

But they did agree that they would use that threat to work environmental and job protections into the pact, a signature accomplishment of the administration of Clinton's husband, Bill Clinton.

"I will say, we will opt out of NAFTA unless we renegotiate it, and we renegotiate it on terms that are favorable to all of America," Clinton said of the 1994 deal with Canada and Mexico.

http://articles.latimes.com/2008/feb/27/nation/na-debate27

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Offline eyephone

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Re: Tarriffs/Trade War
« Reply #28 on: August 27, 2018, 12:04:47 PM »
Canada will buckle under next. Then Europe and China.  Easy Peasy.

Easy as North Korea? (You previously said he should get a Nobel peace prize)

That is still progressing and is light years ahead of where it would have been under another Clinton administration....Moving the ball downfieled while chugging a brew.  May not be pretty but I like all the yardage.



Are they going to pay for the Wall like he promised while campaigning?

Offline morekaos

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Re: Tarriffs/Trade War
« Reply #29 on: August 27, 2018, 12:28:07 PM »
6 more years to make good on that one.

 

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