Hamus Yaigh

Yes, here is more buffoonery. The Trump administration inadvertently imposed a 29% tariff on Norfolk Island, an Australian territory halfway between Australia and New Zealand, due to mislabeled shipping data. The erroneous data led US authorities to believe that Norfolk Island was exporting goods to the US, when in fact, there is no known export relationship between the two countries. The mislabeled shipments included items such as aquarium systems, Timberland boots, wine, and recycling plant parts. The error has perplexed the Australian government, with the prime minister and trade minister expressing their belief that it was a mistake, yet it means a 10% tariff nevertheless. The US imported around A$1.04 million worth of goods from Norfolk Island between 2023 and 2024, primarily leather footwear from a local shoe shop. News reporters identified several bills of lading that listed Norfolk Island as the country of origin, despite the shipments originating from other countries. The US Census Bureau acknowledges that reporting errors can occur and significantly impact detailed commodity statistics. The errors in the shipping records appear to have **flowed through to US census and trade data used as the basis for calculating tariffs**.

What rewards? Trade barriers and customs checks with the EU have created disruptions in supply chains and increased costs for many UK businesses. Restrictions on free movement of labor have made it harder for UK companies to hire the skilled workers they need

A few years ago it was written that most of the sensors were offline, so I guess either not, or not very well. The chances of a tsunami from a quake epicenter-ed in central Myanmar fairly slim to non existent yeah?

The Liberation Day tariff charade, penalizing Australia over its biosecurity laws while not addressing Russia’s invasion sends a poor message. It suggests that the U.S. values economic reciprocity with allies more than condemning aggression by adversaries by allowing stuff like " Tariff on the Fertilizer and Non-Ferrous Metal" get through freely , potentially undermining the USA's "moral authority" and alliance credibility.

54% tariffs on China, 10% tariffs on Iran, 0% tariffs on Russia = MAGA Clownshow.

The President's claim about "Foreign Tariffs" is indeed misleading, as the percentages listed actually represent trade balances, not tariffs. This distinction is crucial, as trade balances refer to the difference between a country's imports and exports, whereas tariffs are taxes imposed on imported goods. Presenting false information can be considered a serious offense, especially when done by the President. However, whether this specific incident constitutes an impeachable offense is a matter of interpretation. Impeachable offenses are typically considered "high crimes and misdemeanors," a phrase outlined in the US Constitution. While there's no clear consensus on what this entails, it generally refers to serious abuses of power, corruption, or dereliction of duty. In this case, the President's action could be seen as a misrepresentation of facts, which might be considered a breach of public trust. However, it's uncertain whether this would rise to the level of an impeachable offense. It's worth noting that the President's trade policies, including tariffs and trade balances, have been a subject of controversy and debate.

The Dow is less reliable as a broad market indicator than the S&P 500, Nasdaq, or Russell 2000 because of its price-weighted methodology and limited scope (only 30 stocks). In your example, the Dow being flat while the Russell 2000 is down 20% since November 2024 shows that the Dow misses significant movements in smaller companies, which are more sensitive to economic shifts. For a more comprehensive view of market conditions, the S&P 500 (broad large-cap exposure) (down over 10% since November) and Russell 2000 (small-cap health) (down over 20%) are often better indicators.

Laughing at your own jokes is poor form. Since 1-Nov the Russell 2000 is down 11%, since 25-Nov the Russell is down 20%. You must have the chart upside down or looking at it thro MAGA colored glasses.

Englishman here, the op seems like racism baiting and against forum rules I would think?

Excuse me, the Brits I kno still call it Burma and so do I. The Mafia in Myanmmar are thugs and should never get my tax money for "Aid"....they are going to use it for bombs on the rebels....ok! LET China help them. This is a global relief effort sans MAGA clowns. Besides the junta whom you rightly call the mafia that is bombing its own peoples, the National Unity Government (NUG) of Myanmar is in dire need of distributing aid to all its peoples from any kind donors around the world whilst avoiding the cruel junta. The name Burma is a colonial relic to be forgotten as the country has a much deeper history than that or that of the USA for that matter.

If they made an 'unwoke' version of Snow White, you'd be first in the queue, bristling with thoughts of supreme righteousness whilst sitting thro a kids movie ?

What is all the hypocrisy suddenly about? It's not as if no one has taken ED drugs before? As I recall at the time of Warne's passing people were celebrating him, with three sex workers seen leaving his room, as 'way to go and living the life'.

The only minds blown here are the vaccine deniers.

A war criminal suggesting the overthrow of another countries elected government. How original.

As clueless as the op I see. It’s definitely not appropriate to use “impressive” to describe an event that causes widespread loss of life and suffering. In that context, a more accurate descriptor might be something like “devastating”, “catastrophic”, or even “unfathomable”. It’s important to be sensitive and respectful when discussing events that cause human suffering, and the loss of life from an earthquake is certainly not something to be impressed by.