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Trump on Trade ... Stupidity and Childish Continue


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#501 andydp

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Posted 17 October 2019 - 11:50 AM

View PostLFC, on 16 October 2019 - 04:15 PM, said:

From the link:
So Ron Vara is the man that Peter Navarro WISHES he actually was. It's more than a bit sad and pathetic.

One important takeaway we all have overlooked:

saying that he had read one of the professor’s books



How did we miss the admission of the President having read something ?
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If you've got public schools paid for by taxpayers, you're in a socialist nation. If you have public roads paid for by taxpayers, socialist nation. If you've got public defense (police, fire, military, coast guard) paid for by tax dollars, socialist nation. If you're in a nation that has nationalized or localized delivery of services that are not paid for by users alone, you're in a socialist nation- the only question is how socialist. As I see it, we pay the military pay to protect the shipping lanes for our fuel needs which makes us very socialist. In a capitalist nation, the people supplying the oil would pay for their own defense force.


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#502 LFC

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Posted 17 October 2019 - 11:55 AM

View Postandydp, on 17 October 2019 - 11:50 AM, said:

One important takeaway we all have overlooked:

saying that he had read one of the professor’s books


How did we miss the admission of the President having read something ?

He looked at the pictures. To him that's reading a book.
" 'Individual conscience' means that women only get contraceptives if their employers, their physicians, their pharmacists, their husbands and/or fathers, pastors, and possibly their mayors, Governors, State Secretaries of Health, Congressmen, Senators, and President all agree that in that particular case they're justifiable." --D.C. Sessions

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#503 Rich T Bikkies

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Posted 17 October 2019 - 11:58 AM

View Postandydp, on 17 October 2019 - 11:45 AM, said:

Rich: would you then "knock me up"*** and explain it in detail ? TIA (Thanks in Advance)

It just means "lock up", but references the slam of the cell door, too, which of course is much more intimidating in prison. Sometimes you used to come across the phrase "banged up with your own chamber pot", but British prisons have improved since then. I fear that with Priti Patel as Home Secretary they will get bad again.
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#504 LFC

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Posted 22 October 2019 - 04:58 PM

As expected it sounds like Trump's trade "deal" with China unwinds a little bit of his damage but achieves next to nothing, and perhaps nothing at all, from the baseline we were at before his stupid trade war.

Quote

The United States has reached a “very substantial phase one deal” with China in the high-stakes trade negotiations between the two economic superpowers, Donald Trump says.

But don’t look too closely. Like many of the deals announced in the White House, there may be less there than meets the eye.

Indeed, it looks as if the parties restored if not improved agricultural purchases – which may be too late for many U.S. farmers – that had more or less been in place at the start of this messy split. All the promises about ending China’s forced technology transfers from American companies were left for another day, as were promises to end Chinese currency manipulation and substantial national investments in specific technologies like 5G that Trump has called unfair.

So, the tough talk has merely postponed the tough issues.

It may even look as if Team Trump blinked first, with Trump agreeing to talk $250 billion of new tariffs off the table in return for soybean purchases that had been the case before the tariff war.

A very artful deal.


The piece goes on to discuss how there are supposed to be more phases, that the soybean issue was offered up by China 2 years ago, and (as we all know) this is all about Trump's desperation to get a deal, ANY deal, before the election.
" 'Individual conscience' means that women only get contraceptives if their employers, their physicians, their pharmacists, their husbands and/or fathers, pastors, and possibly their mayors, Governors, State Secretaries of Health, Congressmen, Senators, and President all agree that in that particular case they're justifiable." --D.C. Sessions

"That's the problem with being implacable foes - no one has any incentive to treat you as anything more than an obstacle to be overcome."

"The 'Road to Serfdom' is really all right turns." --Progressive Whisperer

""The GOP ... where every accusation is also a confession." --Progressive Whisperer

#505 Beelzebuddy

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Posted 22 October 2019 - 05:55 PM

Quote

as we all know
So do the Chinese, so much for leverage, eh Donny boy?
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#506 AnBr

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Posted 15 November 2019 - 06:27 PM

Farm bankruptcies jump to highest level since 2011 as Trump’s tariffs bite

Too bad for these farmers, but there is a certain poetic justice here. It is the sticks that voted for him, which outsized the majority of the electorate with gerrymandering, voter suppression laws, voter purges and other GOP electoral dirty tricks via that leftover relic of slavery days, the Electoral College.
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#507 LFC

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Posted 18 November 2019 - 09:41 PM

Trump's imminent trade deal with China?

Posted Image

Here's the opener but read on. It looks like Trump is desperate for a deal and willing to grasp at almost anything, just as predicted.

Quote

While you weren't looking — perhaps while you were watching impeachment hearings — the trade war with China went off the rails and lost its meaning.

To understand why, you have to know why the US started a trade war with China in the first place. It began with a very specific investigation, one using Section 301 of the Trade Act of 1974 to examine claims of Chinese theft of US intellectual property.

The investigation determined what many in the business community had been talking about for years: that China abused its US partners, stole the IP of American companies, forced those companies to reveal their technology to Chinese counterparts, and muscled US firms out of the Chinese economy in favor of state-owned enterprises.

This, the Trump administration said, was a problem beyond the capacity of the World Trade Organization. It was a problem worth going to economic war over. And so we did.

But so far this trade war has accomplished nothing aside from breaking up US supply chains and souring relations between the US and China. And now instead of discussing meaningful ways the Chinese economy will open to US businesses, trade negotiators are reportedly haggling over how many soybeans China will buy.

In fact, the status of the negotiations today sounds a lot like the status of the negotiations back in December 2018, when the US and China temporarily laid down their arms. Back then, The New York Times called the treaty — which included a resumption of soybean purchases on China's part — "less a breakthrough than a breakdown averted." The "phase one" deal the administration is now working on would do much the same thing.

Of course, that's if we ever sign the deal.

" 'Individual conscience' means that women only get contraceptives if their employers, their physicians, their pharmacists, their husbands and/or fathers, pastors, and possibly their mayors, Governors, State Secretaries of Health, Congressmen, Senators, and President all agree that in that particular case they're justifiable." --D.C. Sessions

"That's the problem with being implacable foes - no one has any incentive to treat you as anything more than an obstacle to be overcome."

"The 'Road to Serfdom' is really all right turns." --Progressive Whisperer

""The GOP ... where every accusation is also a confession." --Progressive Whisperer

#508 LFC

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Posted 02 December 2019 - 03:28 PM

WTF is President Numbnuts doing now?

Quote

President Donald Trump returned from the long Thanksgiving weekend ready to open up a new front in his trade war.

On Monday, Trump announced on Twitter that the US would impose steel and aluminum tariffs on Brazil and Argentina in response to what the president described as the countries’ “massive devaluation of their currencies, which is not good for our farmers.”

“Therefore, effective immediately, I will restore the Tariffs on all Steel & Aluminum that is shipped into the U.S. from those countries,” Trump said, adding that he wished the US Federal Reserve should act so “that countries, of which there are many, no longer take advantage of our strong dollar by further devaluing their currencies.”

Though the self-proclaimed “Tariff Man” favors protectionist policies, the president’s decision to ramp up his trade feud is somewhat unexpected. In the spring of 2018, the Trump administration placed tariffs of 25 percent on steel and 10 percent on aluminum on a slew of trading partners, including the European Union, Mexico, and Canada. (They’ve since been removed on Canada and Mexico as part of the USMCA deal.)

Initially, the Trump administration had also threatened other trading partners — including Brazil and Argentina — with those same tariffs, but ultimately struck a last-minute deal to avoid those duties. The administration limited steel and aluminum imports through quotas instead.

Still, according to CNN, after Canada, Brazil supplied the most steel to the US in the beginning of 2019. Last year, Brazilian steel exports to the US added up to $2.6 billion. Argentina isn’t as big a supplier, with just $700 million, per the Washington Post.

But now Trump wants to revisit tariffs, though his reasoning is confusing — and the push seems to have caught the new recipients of Trump’s trade ire off guard.

" 'Individual conscience' means that women only get contraceptives if their employers, their physicians, their pharmacists, their husbands and/or fathers, pastors, and possibly their mayors, Governors, State Secretaries of Health, Congressmen, Senators, and President all agree that in that particular case they're justifiable." --D.C. Sessions

"That's the problem with being implacable foes - no one has any incentive to treat you as anything more than an obstacle to be overcome."

"The 'Road to Serfdom' is really all right turns." --Progressive Whisperer

""The GOP ... where every accusation is also a confession." --Progressive Whisperer





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