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Jingthing

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Everything posted by Jingthing

  1. Like Trump you're talking in contradictions. If you really want this tariff bomb to create a boom in US manufacturing, then that would take 5 to 10 years to get real results. The tariff policy would need to stick so that businesses could begin to trust the US government a little bit. If you're only using the tariff bomb to try to force negotiations, you can totally forget that first goal. Trump has started a WAR. Easy to start wars, hard to end them. China and others such as Canada will not grovel. They will escalate. Nobody wins. Everyone gets hurt. Especially American consumers. A third contradictory goal you haven't mentioned but the Trump regime has is to use tariffs (paid by Americans) to replace the regular income tax system as much as possible. Again if they are negotiated away, you don't get that goal either. What Trump did was INSANE.
  2. You're getting into higher level probably above your level economic ideology here. Any tariffs are protectionist. Free traders favor no tariffs even when the other country has them. Fair traders favor reciprocal tariffs case by case. The above two are both reasonable positions to take. Only totally INSANE economics would have what Trump just did.
  3. To get the actual correct tariff rate for ALL imported US trade to Colombia you'd need to do a complex calculation with weighted averages etc. I don't have that number. Trump didn't even care to know it. We should expect much much more of our leaders. Tariffs can be used intelligently but not CHAINSAW style not even based on reciprocity as Trump has just done intentionally blowing up the global economy.
  4. You're confused. Again -- tariffs have nothing to do with trade imbalance. Here's an elementary example especially for you. Colombia is great at growing coffee. The USA only grows coffee in Hawaii. Americans drink mega tons of coffee. Thus Colombia sells much more to the USA than vice versa on top of having a much smaller population. That is not a bad thing. That is a good thing. Our moronic president thinks ALL trade imbalances are bad. Any country would be looking for zero tariff. Trump's Tax Tariffs (tax spike for Americans) has been applied incredibly unfairly not based on tariff reciprocity at all. Some countries such as China will retaliate as Trump started a global trade WAR. Some like Singapore will stay quiet and be happy with 10 percent (also unfair). Some will grovel. Grovelling doesn't mean they will get results. Of course Trump being a mentally ill narcissist does love the groveling best.
  5. The actual thing that has been done has been posted several times on this forum with links. You're just believing the Trump lies totally uncritically. Here's a start for you. The tariffs Trump announced have absolutely nothing to do with tariffs on the U.S. They're about a bizarre formula related to trade imbalances. Completely different and NOTHING reciprocal about them. Again, maybe get educated just a little bit before posting.
  6. You're not posting in good faith. You're making stuff up and are mostly about obnoxious personal attacks. Waste of everyone's time. BYE.
  7. That's not what was done. Maybe come back when you're updated on the actual news.
  8. You're the one that clearly needs help.
  9. Of course golf is more important!
  10. He's not a well man physically or mentally. 2028? Hardly likely.
  11. He should be ousted but I don't know how that could happen. A president can't be impeached for bad policies. That said there are multiple impeachable offenses he has already committed and more to come. But it's ultimately about political will. His approval rating would need to go down to the bare bones hard core maga fascist cult. So a low of 30 percent. Then enough republicans in the house and senate would need to step up and do the right thing. Possible perhaps if they saw personal political benefit from doing that. I do predict MASSIVE STREET ACTIONS. It has already started this weekend. There will be millions protesting in DC sooner or later. But I don't know how street actions can depose a US president. He would likely call martial law and kill many of them. That might add to the first scenario -- political pressure to impeach. I'm only predicting the mass street actions. 100 percent confident in that part.
  12. Wow. I must say my sneaker example was really spot on. Nike (the sneaker factory people in Vietnam) says they will NOT build sneaker factories in the US. They realize they will now sell many fewer sneaks to Americans who won't be able to afford them with the the Trump Tax Tariffs addeed so they'll simply sell to other markets. SUCH AS THAILAND! Without the Trump Tax Tariffs. www.benzinga.com/markets/equities/25/04/44640220/peter-schiff-says-nike-wont-build-factories-in-us-they-will-sell-to-countries-like-china-a-much-better-strategy-amid-trump-tariffs Peter Schiff Says Nike 'Won't Build Factories' In US, They Will Sell To Countries Like China: A Much Better Strategy Amid Trump Tariffs - Lululemon Athletica (NASDAQ:LULU), Columbia Sportswear (NASDAQ:COLM) - Benzinga
  13. It's always been Putin's propaganda line to assert that there are no grounds to criticize him because the USA is just as bad. I'm saddened to say that the Trump version of the USA is trending towards being even worse.
  14. Everyone who has been paying attention would have guessed. The sleazeball narcissistf felon in chief always goes lower. On that you can bank (if you've got anything left).
  15. Sadly, too late for that. He already has.
  16. Recession? Little doubt. The really serious question is whether Donald Trump is leading us into a depression.
  17. Don't be so flippin' dense! I clearly explained what I meant MULTIPLE TIMES. Don't play act that you don't get it. You don't really want to engage the topic here. You don't like the topic here so all you've got is a personal attack on me. Obnoxious noise really.
  18. Of course I think most products contain international parts regardless of where assembled. Was globalism so bad really? Note this podcast that asserts that even if the supposed Trump goal of bringing back a golden age of manufacturing jobs will only bring back an additional 2 percent and that's best case scenario
  19. Well we do know that Donald Trump has committed the most momentous own goal against his own country ever. The damage to the American brand is permanent. OK, I'm now an older gentleman but if I was a young American I would seriously be looking into expatriating to a nation with a sane government to build my future. The USA is now a quicksand country. Empires come. Empites go. But they don't have to go so rapidly by intentional national SUICIDE.
  20. That would have been a meaningless pablum question. In a sleazy manner you take snippets out to distort the context. We already know things about what's happening and I appropriately framed the question I was actually asking. Trump announced massive new tariffs globally with Thailand and Vietnam used in the sneaker example being among the hardest hit. We know for a fact how tariffs work even if the destructive narcissist in the white house doesn't. To wit -- Tariffs have nothing to do with trade imbalances Tariffs are not paid by the tariffed nation. Instead they are paid by the importer who then needs to pass on that extra cost to consumers. (In effect a TAX on consumers.) So back to the sneaker example. When the new Trump Tax Tariffs hit Vietnam sneakers imported into the US will need to cost more to cover that new large cost factor. US consumers pay that. The same sneakers imported to Thailand from Vietnam are of course not subject to Trump Tax Tariffs. So an American expat in Thailand in effect gets a "tax break" compared to US based consumers on the purchase of the same sneakers. Obviously there are many complex cost factors that go into retail sales, but the sneaker example is used here to focus on the Trump Tax Tariff factor alone.
  21. He's attacking American consumers with massive tax spikes.
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