placeholder

They raised tariffs on specific items (cars) because they claimed China violated WTO rules. The claim will be adjudicated. So as yet to be determined whether the EU has violated the rules Treasury Market’s ‘New World Order’ Brings Fear of the Long Bond https://archive.ph/qMLmY The US 10-Year Treasury Yield Has Spiked: What It All Means for Investors Source Tradingkey Apr 29, 2025 08:34 TradingKey - After President Trump’s “Liberation Day” trade tariffs announcement, one of the weirdest things to happen in market was that bond yields actually rose significantly. The US 10-Year Treasury Yield briefly surged past 4.5% on April 9, 2025, marking its highest level since February—and a dramatic jump from just 3.9% on April 4, barely a week earlier and right after Liberation Day. This isn't just market noise. It's one of the sharpest yield spikes in recent memory, and it's sending shockwaves through Wall Street. https://www.mitrade.com/insights/news/live-news/article-6-787026-20250429 Treasury Market’s ‘New World Order’ Brings Fear of the Long Bond https://archive.ph/qMLmY Why do you think tariffs will bring higher quality. You're confusing higher prices with higher quality. Nations that adopt high tariff barriers usually offer goods with lower quality since they no longer have to compete. As for hunger wages losing their rationale...because wages somehow would be exempted from market forces?

"Well, consumers in the US would not get the opportunity to pay lower prices," "The US consumer, whether he likes it or not, will have to pay higher prices." So Trump is planning a coup? And what would the beneficial effects for workers in Asia be?

You just wrote about other countries forming economic alliances. These alliances are designed to reduce barriers not raise them As for China reducing it's share of exports, this is what always happens as a nation leaves developing status and becomes more advanced. It's got nothing to do with doing it on purpose. But it is true that supply line fragility is a factor in where manufacturers are located. Which is why the Mexican economy has flourished. In fact there are plenty of questions about US economic instability. If there weren't why would bond buyers be buying less from the US and more from countries like Japan and Germany.

How do consumers behave in other countries that had high tariff walls after they came tumbling down. Do you think that they got used to paying a fair price and wouldn't pay a lower one if they had the opportunity? This is just plain nuts. EDIT: I should edit this to note that when an another country declares economic war on them, that would provide an incentive not to always pay the cheapest price.

They are violating MFN rules as retaliation. Why wouldn't they follow the rules with countries that abide by them?

Exactly the same thing happened with Brexit. The Brexiteers mostly claimed that the UK would come out ahead of the deal. The EU acknowledged that both it and the UK would be hurt but that it would be worse for the UK.

"2) New trade alliances are already being formed, China, Japan and South Korea, or Canada and Mexico." These trade alliances are about reducing trade barriers, not increasing them. Why would globalism end just because the USA raises the drawbridge? Trump's program isn't even popular in the USA. What makes you think other countries would adopt it? As for persuading other countries to keep the dollar as a reserve currency...there really isn't an official reserve currency. It's just that, effectively speaking, it's currently the dollar. As the dollar weakens and people lose faith in it because of U.S.unstable economic management, other countries simply will begin to use currencies from a more stable economy. The Euro is a good candidate. But if it happens it will happen gradually over time.

Asking questions based on controversial assumptions is an obvious rhetorical ruse.

What legitimately serious gripes does Trump have against Canada?

The tariffs are BS??

Sure, that makes sense. Badmouthing the guy who economically attacked Canada and called for it to be the 51st state was a bad political strategy?

Well, if he loses it's kind of a victory for Poilievre since he did campaign on a platform of change...

Are there any courts deciding on the issue of whether or not the President's executive authority is absolute? As you may recall, Congress voted to grant Bill Clinton the right to exercise a line item veto. The Supreme Court ruled that was unconstitutional. On the grounds that the line item veto is nowhere specified in the Constitutiion and violates the separation of powers. Congress can't sign away its Constitutional rights and duties. So if that's illegal, can the President exercise de facto line item veto power by making it impossible to execute those laws via layoffs and/or funding rescissions?

So, apparently, this doesn't apply to you: "While some may legitimately applaud the policy goals that underlie some of these actions, I hope we can all agree these policy goals should be pursued lawfully, lest we end up living in the type of system envisioned by the president, where he is the only law,” fellow professor Jodi Short said. [emphasis added]"

“The most comprehensive indication that funds are flowing to Europe: Since the beginning of April, the euro has gained 5.4 percent against the dollar, rising above $1.13, the highest level since late 2021... The euro is now used by 20 member countries and represents about 20 percent of the world’s central banks foreign exchange reserves, a figure that has barely budged in the past two decades. Thirty percent of global exports are invoiced in euros, whereas more than half are in dollars. https://archive.ph/eeYx5

His latest shenanigans with his memecoin are the kind of thing you might expect the leader of some banana republic to indulge in.

The point is, if his achievements didn't beat the markets, how good of a business person is he really? And, of course, his sleazy dealings continue up this day.

Whatever the truth of your allegations about the other Bidens, the issue is Joe Biden. Time and time again, you offer some evidence that is supposed to be incriminating of Joe Biden and every time it gets shot down. Even now, Trump is continuing with his sleazy business dealings

What if he had invested that in index funds? And of course he has massively cashed in on the presidency. And is still cashing in. He's just so sleazy

Do you understand that the reason he ever got to be big was because of all the money funneled to him by his father? How many people would have the inherited resources to fail time and time again.

Well, I guess it takes genius to be born into power and wealth. His father was a very successful real estate developer. Trump destroyed that business. He bought the Plaza Hotel for way too much money. In other words he was outnegotiated, and ultimately the company went into bankruptcy. Same for his casino and airline ventures. Always paying too much. Always being outnegotiated. The only reason he held on to any of his money that bankruptcy laws in NY make it extremely difficult for lenders to recover their money. But NY banks would never lend to him after that. What saved him was the book, which made people believe he was a great dealmaker, and the TV show, which was not his creation.

Why US and China economic own goals give Europe an unlikely chance of glory Washington and Beijing are trading tariff blows. The EU could come out on top ― if it can rise to the challenge. https://www.politico.eu/article/why-us-china-economic-own-goals-gives-europe-unlikely-chance-glory/

Which bully will the EU & the UK run with? The bully who is penalizing their exports through tariffs or the one that is dumping goods? Not surprising that an extreme right wing media source like Real Clear Politics ignores what Trump is doing. The real question should be: Why is Trump treating the EU & UK like adversaries rather than an as allies?

And there's also this: America Inc. Slashes Spending as Tariff Uncertainty Swirls CEOs are pausing travel, delaying construction projects and slowing hiring in response to tariffs and cloudy economic forecasts; a bid to ‘control the controllables’ The unpredictability of President Trump’s stop-start trade offensive is paralyzing companies on just about every front except one—taking an ax to costs. The chemical company Dow is delaying construction of a new plant. Boston Scientific, the medical-device maker, is speeding up efforts to cut discretionary spending including travel. https://archive.ph/sgRQd

I think you overlooked this one: Tariffs on Chinese-made machinery drive up costs for U.S. manufacturers The U.S. economy depends on Chinese tools needed to make everything from cars to electronics in American factories... Trump claims that his trade policies are necessary to seed a “golden age” of U.S. manufacturing, but trade experts and companies say the broad tariffs may actually complicate bringing back some industries. The U.S. economy not only is reliant on China for finished products like toys and laptops but also depends on Chinese tools to make everything from cars to electronics in American factories. https://archive.ph/D0vmQ