Jump to content

yet another U Turn from Trump's tariffs


Recommended Posts

Posted

he has to start another U Turn but this time will be with China as Boeing will be suffering his erratic tariff behavior

China suspends Boeing jet deliveries

 

https://www.msn.com/en-xl/news/other/china-suspends-boeing-jet-deliveries/ar-AA1CZGky?ocid=msedgdhp&pc=LCTS&cvid=3334c0ef563a429fabc45d2a58a9c61e&ei=30

 

China’s Tariff Wrath Is Now Coming for Beleaguered Boeing

https://au.news.yahoo.com/china-tariff-wrath-now-coming-164554691.html

 

  • Like 1
Posted

in the midst of all the lies/treats/misleading information Canada kept it's cool attitude and it's rewarding for them, wonder what Trump treats or blackmail tactics he will use towards Honda..... a loser always a loser

Canada offers carmakers tariff relief, as Honda denies plans for switch to US

https://www.msn.com/en-xl/news/other/canada-offers-carmakers-tariff-relief-as-honda-denies-plans-for-switch-to-us/ar-AA1CYV6h?ocid=msedgdhp&pc=LCTS&cvid=3334c0ef563a429fabc45d2a58a9c61e&ei=43

 

  • Like 2
Posted
On 4/14/2025 at 6:00 AM, Lacessit said:

The USA produced about 680,000 tonnes of aluminium in 2024. Demand for aluminium in the same year was 5 million tonnes.

 

Trump's tariff of 25% on imported aluminium commenced early in March.

 

Aluminium production needs bauxite, and cheap electricity. The US has limited supplies of bauxite, and expensive electricity. The bauxite it has is used in making abrasives.

 

So a US manufacturer of aircraft, or pots and pans, can swallow the cost of the tariffs, or pass those costs on to end users.

 

As an example of sheer economic dumbf***kery, that takes some beating.

 

I just wonder how the MAGA's on ASEAN justify this BS.

 

And guess who supplies a big chunk of their much needed aluminium?

And who put a 25% tariff on aluminum that the consumer pays for?

 

 

In 2023, Canada's primary aluminum production was estimated at 3.3 million tonnes, making it the fourth-largest producer globally. This production is fueled by renewable hydroelectric power, giving Canadian aluminum a lower carbon footprint than many other producers. The majority of Canadian aluminum production (nearly 90%) is located in Quebec. 

 

 

  • Exports:
    A significant portion of Canadian aluminum is exported, primarily to the United States. 
  • Smelters:

    There are nine aluminum smelters in Canada, eight in Quebec and one in British Columbia.

     

     
  • Like 1
  • Agree 1
Posted

I actually feel sorry for Trump haters who are not getting it. The tariffs are just phase 1 in a plan, to achieve a new financial world order. One in which the dollar is greatly devalued. That is what Trump wants. Whilst still reserving top reserve currency status.

17 minutes ago, placeholder said:

Scott Bessent, Treasury Secretary:

 

Bessent worked with Soros, he was one of the key architects of the trade that broke the Bank of England.

 

He is not just a hedge fund manager, but lectured on economics at Yale.

 

You guys are completely out of your depth and have no idea whom  you're up against and what's going on.

 

  • Confused 2
  • Sad 1
  • Haha 2
Posted
1 hour ago, Cameroni said:

 

Lol, it's not "hero worship", it's just the truth.  Bessent was a hedge fund manager who worked with Soros. He was part of the team that came up with the trade that broke the bank of England. He lectured economics at Yale.

 

These are just the facts. Though I realise you leftists need to deny reality now, you should still recognize it.

 

Any one of Trump's economic team has more brains than the entire anti-Trump brigade on Asean put together.

Well, whatever the truth of your gratuitous insult of "the entire anti-Trump brigade on Asean put together" may be, Bessent will not be negotiating against us, will he? So what's your point? This looks like just more empty hero worship.

Posted
41 minutes ago, placeholder said:

Well, whatever the truth of your gratuitous insult of "the entire anti-Trump brigade on Asean put together" may be, Bessent will not be negotiating against us, will he? So what's your point? This looks like just more empty hero worship.

 

Together with another guy, he's the main architect of Trump's economic policy. This tariff episode is just phase 1. Phase 2 will see negotiations and a new Bretton Woods reshaped in America's favour.

 

What they are doing is very clever.

  • Confused 1
Posted
20 minutes ago, Cameroni said:

 

Together with another guy, he's the main architect of Trump's economic policy. This tariff episode is just phase 1. Phase 2 will see negotiations and a new Bretton Woods reshaped in America's favour.

 

What they are doing is very clever.

Or maybe he's just trying to hang on for dear life as Trump zigs and zags

 

"After his reversal on social media, Mr. Trump’s team was put in the unenviable position of trying to spin the media that this was the plan all along, a brilliant strategy straight out of the pages of the president’s best-selling book, “The Art of the Deal.” Mr. Bessent went so far as to deny that the bond market had driven the change.

When Mr. Trump came out to explain his decision on Wednesday, however, he undercut both Mr. Bessent and Karoline Leavitt, the White House press secretary, citing the jittery market and saying he was acting “instinctively, more than anything else.”

https://archive.ph/pUTmz

 

  • Like 1
Posted
4 hours ago, placeholder said:

This is from Scott Bessent, Treasury Secretary:

"There could be numerous countries, and it may not be the actual trade document, but we will have an agreement in principle and be able to move forward from there," he added.

https://www.yahoo.com/news/white-house-pressed-fast-negotiations-105125985.html

 

Lowering the bar much?

The more I think about this, the more I think that this is Bessent's way of covertly signaling to other countries just to appease Trump by making an empty promise which will allow Trump to claim a win.

  • Like 1
Posted
6 minutes ago, placeholder said:

Or maybe he's just trying to hang on for dear life as Trump zigs and zags

 

"After his reversal on social media, Mr. Trump’s team was put in the unenviable position of trying to spin the media that this was the plan all along, a brilliant strategy straight out of the pages of the president’s best-selling book, “The Art of the Deal.” Mr. Bessent went so far as to deny that the bond market had driven the change.

When Mr. Trump came out to explain his decision on Wednesday, however, he undercut both Mr. Bessent and Karoline Leavitt, the White House press secretary, citing the jittery market and saying he was acting “instinctively, more than anything else.”

https://archive.ph/pUTmz

 

What he is doing carries an element of risk and some people have and will get hurt. 

 

However, Bessent and the other guy have published a paper on reshaping global trade. The aim is clear. Devalue the dollar and still keep the dollar as reserve currency. 

 

It's a genius move if they pull it off. 

  • Confused 1
Posted
2 minutes ago, placeholder said:

The more I think about this, the more I think that this is Bessent's way of covertly signaling to other countries just to appease Trump by making an empty promise which will allow Trump to claim a win.

 They will want allies to come to the table and negotiate good deals with America. Other countries will still have to deal with the tariffs. 

 

Clearly it's working so far, Vietnam, Japan many have signalled they will negotiate. 

  • Confused 1
Posted
1 minute ago, Cameroni said:

 They will want allies to come to the table and negotiate good deals with America. Other countries will still have to deal with the tariffs. 

 

Clearly it's working so far, Vietnam, Japan many have signalled they will negotiate. 

There's negotiating on the one hand, and there's reaching an actual deal on the other vs just an empty statement of intent. As Bessent himself said

"There could be numerous countries, and it may not be the actual trade document, but we will have an agreement in principle and be able to move forward from there," he added.

https://www.yahoo.com/news/white-house-pressed-fast-negotiations-105125985.html

 

  • Thanks 1
Posted
4 hours ago, Cameroni said:

I actually feel sorry for Trump haters who are not getting it. The tariffs are just phase 1 in a plan, to achieve a new financial world order. One in which the dollar is greatly devalued. That is what Trump wants. Whilst still reserving top reserve currency status.

 

Bessent worked with Soros, he was one of the key architects of the trade that broke the Bank of England.

 

He is not just a hedge fund manager, but lectured on economics at Yale.

 

You guys are completely out of your depth and have no idea whom  you're up against and what's going on.

 

Trump. A plan. :biggrin:

  • Haha 2
Posted
5 minutes ago, candide said:

Trump. A plan. :biggrin:

Yeah right.....it will be the first in his life!!! But hold on, maybe it was his plan to buy the casinos and make them go bankrupt, as it was his other businesses – – a grand bankruptcy plan. Nailed it!!

  • Thumbs Up 1
  • Haha 1
Posted
49 minutes ago, Cameroni said:

 They will want allies to come to the table and negotiate good deals with America. Other countries will still have to deal with the tariffs. 

 

Clearly it's working so far, Vietnam, Japan many have signalled they will negotiate. 

Saying you wish to negotiate does not mean an agreement has or will be achieved.

There is no way that any new trade agreement with even one country can be agreed and passed into law by Congress inside what is left of the 90 days "halt" !

  • Like 1
  • Thumbs Up 1
Posted
1 minute ago, cjinchiangrai said:

Hopefully there will be something left before he slinks off to Russia.

you are not the only one saying that, some GOP memeber said the same thing

 

‘Will end badly for him’: Republican Karl Rove says Americans are already tired of Trump

https://au.news.yahoo.com/end-badly-him-republican-karl-190222351.html

 

 

 

Posted
4 minutes ago, cjinchiangrai said:

Hopefully there will be something left before he slinks off to Russia.

The way he is ruining the US I suspect the only way he will escape from the USA to Russia will be via a submarine at night off a darkened beach!

  • Haha 1
Posted

Something many forget is that the US has a better demographic situation than China has, and it is all of China's own making with the one-child policy etc. As people age, there are fewer younger Chinese to replace those working late into their 50/60s and beyond (some say the Chinese pension system will collapse in about 10 years). Not to mention that the CCP's reputation is taking a battering due to their tofu-dreg construction projects failing/collapsing at the slightest thing.

Many younger Chinese people are starting to "Tang Ping" which translates to "Lie flat" because they think they have no future, and that working will not make their lives better... plus you have approx 12 million well-educated new grads each year entering the job market, which makes it overly competitive, and many are giving up as they were lied to be the CCP about their futures due to how hard it is now to find a job. China has fallen off a cliff since Xi took power... and he might not last that much longer.

Secondly, China is far too reliant on exports and much of the rest of the world is getting fed-up with the CCP's dumping practices that destroys local industries because they can't compete with the state-subsidizes Chinese firms.

Thirdly, another reason why there is population decline in China, is the same as it is for all totalitarian dictatorships and communist societies, people think it is morally wrong to bring children into such societies only to have a life of oppression, slavery, and drudgery, plus it is simply too expensive to do now with little state support... not just China, but many in the West think that far-lefty liberalism will not serve any children they have well either, and also too expensive.

People need to believe there is a good future to invest and spend, once they don't believe that anymore, then people start saving. All a self-made problem by these incompetent governments all round the world... what goes around comes around, and people will react after a while.

  • Sad 1
  • Haha 1
Posted
31 minutes ago, rough diamond said:

The way he is ruining the US I suspect the only way he will escape from the USA to Russia will be via a submarine at night off a darkened beach!

Probably too fat to fit in a torpedo tube.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now




×
×
  • Create New...