Trump Tariffs = Tax Hike on all

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Re: Trump Tariffs = Tax Hike on all

Post by CAA Flagship »

Ivytalk wrote:
CAA Flagship wrote:Rumors are that the Chinese have made some concessions to pave the way for a partial deal. Trump is being briefed at this moment. Stock market is hopeful with DJIA up 400+ points.
Trump is being briefed, eh? :lol:
Well he wasn't in the negotiations the last two days. He was busy getting dirt on Biden and double checking that the Kurds didn't land on Juno or Sword. :lol:
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Re: Trump Tariffs = Tax Hike on all

Post by SDHornet »

That's some great 4D chess by that Magnificent Orange Bastard!!!!



That cover it chizzy? :lol:
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Re: Trump Tariffs = Tax Hike on all

Post by CID1990 »

Everybody knows China isn’t going to make major concessions right now because they are hoping to wait Trump out for someone more China friendly

(read: any Dem)

We’ll wait for the inevitable “China is hacking our elections in favor of Warren OMFG” thread


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Re: Trump Tariffs = Tax Hike on all

Post by Skjellyfetti »

CAA Flagship wrote:Rumors are that the Chinese have made some concessions to pave the way for a partial deal. Trump is being briefed at this moment. Stock market is hopeful with DJIA up 400+ points.
sounds like Trump was blowing smoke up the market's ass again
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Re: Trump Tariffs = Tax Hike on all

Post by Ivytalk »

The First Economic Idiot is at it again: tariffs for the grave competition from Argentinian and Brazilian steel, from French cheese( :o ), and more coming for the Red Chinese. Maybe we can push off the trade deal until after the election. With every tweet, the market gyrates wildly. Maybe we could file a class action against Trump for market manipulation. If he’s shorting the stocks that his tweets are hurting, we could nail him for insider trading as well. :rant:
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Re: Trump Tariffs = Tax Hike on all

Post by GannonFan »

Ivytalk wrote:The First Economic Idiot is at it again: tariffs for the grave competition from Argentinian and Brazilian steel, from French cheese( :o ), and more coming for the Red Chinese. Maybe we can push off the trade deal until after the election. With every tweet, the market gyrates wildly. Maybe we could file a class action against Trump for market manipulation. If he’s shorting the stocks that his tweets are hurting, we could nail him for insider trading as well. :rant:
Nah, he's fully onboard with the kalmuism economic theory, he's just leveraging America's strengths for better trade considerations. Kalmie was am economic Trumpster before there even was such a thing.
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Re: Trump Tariffs = Tax Hike on all

Post by Ibanez »

Ivytalk wrote:The First Economic Idiot is at it again: tariffs for the grave competition from Argentinian and Brazilian steel, from French cheese( :o ), and more coming for the Red Chinese. Maybe we can push off the trade deal until after the election. With every tweet, the market gyrates wildly. Maybe we could file a class action against Trump for market manipulation. If he’s shorting the stocks that his tweets are hurting, we could nail him for insider trading as well. :rant:
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Re: Trump Tariffs = Tax Hike on all

Post by kalm »

GannonFan wrote:
Ivytalk wrote:The First Economic Idiot is at it again: tariffs for the grave competition from Argentinian and Brazilian steel, from French cheese( :o ), and more coming for the Red Chinese. Maybe we can push off the trade deal until after the election. With every tweet, the market gyrates wildly. Maybe we could file a class action against Trump for market manipulation. If he’s shorting the stocks that his tweets are hurting, we could nail him for insider trading as well. :rant:
Nah, he's fully onboard with the kalmuism economic theory, he's just leveraging America's strengths for better trade considerations. Kalmie was am economic Trumpster before there even was such a thing.
So we shouldn’t leverage our strengths? Our trade policy before Trump was good for the country as a whole? Shipping (externalities of environmental, health, ecosystem, interventionist foreign policy included) our natural resources to China so they could make a crappy nightstand and ship it back over here to sell at a low price to some low income folks at America’s #1 employer, Walmart makes sense to you?

Ok.
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Re: Trump Tariffs = Tax Hike on all

Post by GannonFan »

kalm wrote:
GannonFan wrote:
Nah, he's fully onboard with the kalmuism economic theory, he's just leveraging America's strengths for better trade considerations. Kalmie was am economic Trumpster before there even was such a thing.
So we shouldn’t leverage our strengths? Our trade policy before Trump was good for the country as a whole? Shipping (externalities of environmental, health, ecosystem, interventionist foreign policy included) our natural resources to China so they could make a crappy nightstand and ship it back over here to sell at a low price to some low income folks at America’s #1 employer, Walmart makes sense to you?

Ok.
Ok, Trumpster.

(btw, I'm perfectly fine with some of his trade policies, especially the hard line towards China as well as the pushback on France. He's a buffoon, but that doesn't mean everything he does is foolish, despite his best intentions).
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Re: Trump Tariffs = Tax Hike on all

Post by UNI88 »

kalm wrote:
GannonFan wrote:
Nah, he's fully onboard with the kalmuism economic theory, he's just leveraging America's strengths for better trade considerations. Kalmie was am economic Trumpster before there even was such a thing.
So we shouldn’t leverage our strengths? Our trade policy before Trump was good for the country as a whole? Shipping (externalities of environmental, health, ecosystem, interventionist foreign policy included) our natural resources to China so they could make a crappy nightstand and ship it back over here to sell at a low price to some low income folks at America’s #1 employer, Walmart makes sense to you?

Ok.
What natural resources are we shipping to China?
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Re: Trump Tariffs = Tax Hike on all

Post by GannonFan »

UNI88 wrote:
kalm wrote:
So we shouldn’t leverage our strengths? Our trade policy before Trump was good for the country as a whole? Shipping (externalities of environmental, health, ecosystem, interventionist foreign policy included) our natural resources to China so they could make a crappy nightstand and ship it back over here to sell at a low price to some low income folks at America’s #1 employer, Walmart makes sense to you?

Ok.
What natural resources are we shipping to China?
Nah, forget it, he's on a roll!!! :rofl:
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Re: Trump Tariffs = Tax Hike on all

Post by CID1990 »

GannonFan wrote:
UNI88 wrote:
What natural resources are we shipping to China?
Nah, forget it, he's on a roll!!! :rofl:
Sort of reminds me of all those resources we went to war in Afghanistan over.


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Re: Trump Tariffs = Tax Hike on all

Post by UNI88 »

CID1990 wrote:
GannonFan wrote:
Nah, forget it, he's on a roll!!! :rofl:
Sort of reminds me of all those resources we went to war in Afghanistan over.

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So those are the natural resources that the US is shipping to China!

:D
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Re: Trump Tariffs = Tax Hike on all

Post by kalm »

UNI88 wrote:
kalm wrote:
So we shouldn’t leverage our strengths? Our trade policy before Trump was good for the country as a whole? Shipping (externalities of environmental, health, ecosystem, interventionist foreign policy included) our natural resources to China so they could make a crappy nightstand and ship it back over here to sell at a low price to some low income folks at America’s #1 employer, Walmart makes sense to you?

Ok.
What natural resources are we shipping to China?
I had a customer that made good money selling lumber to China.
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Re: Trump Tariffs = Tax Hike on all

Post by GannonFan »

kalm wrote:
UNI88 wrote:
What natural resources are we shipping to China?
I had a customer that made good money selling lumber to China.
Well, lumber is renewable (we can grow more trees). Is that a problem that we export that? Not like we're shipping them fossil fuels (as far as I know) or rare earth materials or other strategic natural resources.
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Re: Trump Tariffs = Tax Hike on all

Post by kalm »

GannonFan wrote:
kalm wrote:
I had a customer that made good money selling lumber to China.
Well, lumber is renewable (we can grow more trees). Is that a problem that we export that? Not like we're shipping them fossil fuels (as far as I know) or rare earth materials or other strategic natural resources.
We ship them coal, oil, copper...

Lumber is renewable. Old growth forests and biodiversity are not. But that wasn’t my point to begin with as you know.
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Re: Trump Tariffs = Tax Hike on all

Post by UNI88 »

kalm wrote:
GannonFan wrote:
Well, lumber is renewable (we can grow more trees). Is that a problem that we export that? Not like we're shipping them fossil fuels (as far as I know) or rare earth materials or other strategic natural resources.
We ship them coal, oil, copper...

Lumber is renewable. Old growth forests and biodiversity are not. But that wasn’t my point to begin with as you know.
How much of those are we shipping to China? 1-2% of our coal exports? How much oil or copper? China prefers to source internally and if necessary deal with suppliers that don't preach to them and that they can bully when needed.

The problem isn't that China is turning our raw materials into crappy items to export to the US. China is "importing" our technology and our production methods so that they can copy them.
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Re: Trump Tariffs = Tax Hike on all

Post by kalm »

UNI88 wrote:
kalm wrote:
We ship them coal, oil, copper...

Lumber is renewable. Old growth forests and biodiversity are not. But that wasn’t my point to begin with as you know.
How much of those are we shipping to China? 1-2% of our coal exports? How much oil or copper? China prefers to source internally and if necessary deal with suppliers that don't preach to them and that they can bully when needed.

The problem isn't that China is turning our raw materials into crappy items to export to the US. China is "importing" our technology and our production methods so that they can copy them.
True. The lumber thing just blew me away when I found out about it. I’m pretty this wasn’t what Adam Smith had in mind.
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Re: Trump Tariffs = Tax Hike on all

Post by kalm »

Btw, China is our #1 import market for copper. We send them 100’s of millions worth per year.
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Re: Trump Tariffs = Tax Hike on all

Post by SeattleGriz »

Ibanez wrote:
Ivytalk wrote:The First Economic Idiot is at it again: tariffs for the grave competition from Argentinian and Brazilian steel, from French cheese( :o ), and more coming for the Red Chinese. Maybe we can push off the trade deal until after the election. With every tweet, the market gyrates wildly. Maybe we could file a class action against Trump for market manipulation. If he’s shorting the stocks that his tweets are hurting, we could nail him for insider trading as well. :rant:
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Re: Trump Tariffs = Tax Hike on all

Post by JohnStOnge »

CID1990 wrote:Everybody knows China isn’t going to make major concessions right now because they are hoping to wait Trump out for someone more China friendly

(read: any Dem)

We’ll wait for the inevitable “China is hacking our elections in favor of Warren OMFG” thread


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They can wait out the United States regardless of who gets elected, Democrat or Republican. It's the nature of their system vs. the nature of our system. You're not going to beat them by trying do do what Trump is trying to do.

Also, the match is a mismatch. The Chinese are WAY smarter than Trump. He is an idiot. He's no match for them.
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Re: Trump Tariffs = Tax Hike on all

Post by SeattleGriz »

JohnStOnge wrote:
CID1990 wrote:Everybody knows China isn’t going to make major concessions right now because they are hoping to wait Trump out for someone more China friendly

(read: any Dem)

We’ll wait for the inevitable “China is hacking our elections in favor of Warren OMFG” thread


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They can wait out the United States regardless of who gets elected, Democrat or Republican. It's the nature of their system vs. the nature of our system. You're not going to beat them by trying do do what Trump is trying to do.

Also, the match is a mismatch. The Chinese are WAY smarter than Trump. He is an idiot. He's no match for them.
Dude. Trump will decouple China from the US if he has to. He's already lined up replacements around the world. We don't need China.
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Re: Trump Tariffs = Tax Hike on all

Post by CAA Flagship »

JohnStOnge wrote:
CID1990 wrote:Everybody knows China isn’t going to make major concessions right now because they are hoping to wait Trump out for someone more China friendly

(read: any Dem)

We’ll wait for the inevitable “China is hacking our elections in favor of Warren OMFG” thread


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They can wait out the United States regardless of who gets elected, Democrat or Republican. It's the nature of their system vs. the nature of our system. You're not going to beat them by trying do do what Trump is trying to do.

Also, the match is a mismatch. The Chinese are WAY smarter than Trump. He is an idiot. He's no match for them.
China's economy is in more trouble than markets think
https://asia.nikkei.com/Opinion/China-s ... kets-think

China’s rising household debt a ‘major concern’ as government tries to boost consumption amid trade war
https://www.scmp.com/economy/china-econ ... ment-tries

:popcorn:
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Re: Trump Tariffs = Tax Hike on all

Post by CID1990 »

JohnStOnge wrote:
CID1990 wrote:Everybody knows China isn’t going to make major concessions right now because they are hoping to wait Trump out for someone more China friendly

(read: any Dem)

We’ll wait for the inevitable “China is hacking our elections in favor of Warren OMFG” thread


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They can wait out the United States regardless of who gets elected, Democrat or Republican. It's the nature of their system vs. the nature of our system. You're not going to beat them by trying do do what Trump is trying to do.

Also, the match is a mismatch. The Chinese are WAY smarter than Trump. He is an idiot. He's no match for them.
That could be true.

But your criticisms of the approach have nothing to do with coherence on China and everything to do with your opposition to Trump.

Countering China must be an all fronts effort of which the threat of tarriffs absolutely is a part.


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Re: Trump Tariffs = Tax Hike on all

Post by Ibanez »

SeattleGriz wrote:
Ibanez wrote: 693D Chess.


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