8 minutes ago, Tug said:

Surviving Covid the afteraffects and the 23% added to our debt by trump how’s about you?furthermore that inflation was a worldwide problem not just in the USA.

The US had demand inflation pushed by too much stimulus.  Aka Joe Biden poured on more stimulus after COVID ended.   

2 hours ago, Tug said:

Naa just means us Americans get to pay a 15% trump tax over and above our regular tax not to mention we get less for the tax we do pay after the trump big orange tur& of a bill……you go ahead and think it benefits you,I’m not so easily fooled.

This made sense in your head. 

1 hour ago, ricklev said:

 I can't wrap my head around the psychological  contortions required to make this whole tarriff debacle into a Trump triumph.  

It isn't a triumph at all for the USA.

 

It is simply another tax on the already tax overburdened US consumer.

7 minutes ago, billd766 said:

The trade deficit between the USA and ALL other countries is due to the fact that that goods are produced cheaper in other countries than the USA and the USA produced goods are more expensive to buy in other countries. The customers and consumers are the ones that want cheaper goods, and NOT the USA government under Trump who want to tax the US consumers more.

Spot on Bill. Trump is delusional to think that product from abroad can be made competitively in house.

It was pointed out many years ago by the CEO of Apple that western nations generally do not have the mindset for repetive work resulting in a higher labour cost.

One way or another US consumers will pay more.

8 minutes ago, sandyf said:

Exactly.

If the EU can sort out the differences with China that deal would bring about a whole new perspective.

The history books will show Trump tarriffs to be one of the greatest obstacles to global unity.

 

The history books will show that Donad Trump was the first president to truly understand how dependent the EU is on the US, in fact, it was his threat of tariffs being higher which made the EU comply with his demands. That and the EU's dependence on US military muscle in NATO.

 

With his threat of tariffs Trump has made von der Leyen bend the knee and Europeans are still celebrating that there was no trade deal escalation, as losing the US market access would have been a disaster, just as paying even more would have been or losing US military co-operation.

 

Trump understood how much better his cards were, and so did von der Leyen.

1 hour ago, Wingate said:

They're rising even faster now. Beef is up 31% in price the last three months.

As usual @hotsunposts with no proof, no link and nothing to back his words up.

 

A typical ex President Biden hating MAGA supporter.

2 hours ago, Tug said:

Naa just means us Americans get to pay a 15% trump tax over and above our regular tax not to mention we get less for the tax we do pay after the trump big orange tur& of a bill……you go ahead and think it benefits you,I’m not so easily fooled.

 

The poster you reply to, and most other maga's active in these threads, haven't lived in the US for ages, so they don't know what is happening on the ground.

 

19 minutes ago, TedG said:

 

Sorry for your loss. 

Talking of loss? You've lost what was a great country, not so long ago. And yes, it is a loss for many, beyond your borders.

19 minutes ago, billd766 said:

It isn't a triumph at all for the USA.

 

It is simply another tax on the already tax overburdened US consumer.

What do you know about the US consumer? 

And to the OP screaming from the roof that a deal was reached, is as always fake news, because no deal has been reached.

A framework for a deal has set but no deal yet,

 

https://finance.yahoo.com/news/live/trump-tariffs-live-updates-us-eu-agreement-announced-china-truce-extension-expected-200619379.html

European Commission President Ursula von der Leyen noted that there isn't yet a specific US-EU agreement on tariffs regarding wine and spirits between the two trading partners, among other unsettled details, and the Distilled Spirits Council of the United States is lobbying for an amicable resolution.

"We are optimistic that in the days ahead this positive meeting and agreement will lead to a return to zero-for-zero tariffs for U.S. and EU spirits products, which will benefit not only our nation’s distillers, but also the American workers and farmers who support them from grain to glass," the trade association's president and CEO Chris Swonger said in a statement provided to Yahoo Finance. "For more than 20 years, large and small distilleries across the U.S. have flourished under a tariff-free relationship with the EU, our largest export market. It’s time to get back to toasts not tariffs.”

3 hours ago, impulse said:

Almost makes it worth the tax money we Americans paid for him to "visit his golf course", eh?

 

On average, each round at his golf courses in America costs the taxpayers $800,000.

 

Heaven knows how much a round in Scotland is costing them.

 

I really can't understand how Americans paying 15% more for any EU product is a win for them.

1 minute ago, EVENKEEL said:

What do you know about the US consumer? 

 

What do you know about that, living in Thailand?

6 minutes ago, CallumWK said:

 

The poster you reply to, and most other maga's active in these threads, haven't lived in the US for ages, so they don't know what is happening on the ground.

 

You know the same can be said for the leftists posting nonsense. 

1 minute ago, EVENKEEL said:

You know the same can be said for the leftists posting nonsense. 

 

@Tug is living in the US, you haven't lived there for years

2 minutes ago, Lacessit said:

On average, each round at his golf courses in America costs the taxpayers $800,000.

 

Heaven knows how much a round in Scotland is costing them.

 

I really can't understand how Americans paying 15% more for any EU product is a win for them.

False.  He owns the course in Scotland and plays for free.  Duh.

2 minutes ago, CallumWK said:

 

What do you know about that, living in Thailand?

Last year this American made 5 return trips to the USA, drove cross country, replaced a home, pay multiple property taxes, Insurance, car tags and insurance. 

 

I think I know more than a foreigner who maybe.....maybe visited the USA once in their life.

1 minute ago, bkk6060 said:

False.  He owns the course in Scotland and plays for free.  Duh.

 

Yup and he went there on his bicycle without a massive security detail, and slept for free in hotels in Scotland.

 

Did you mention something about False?

4 minutes ago, CallumWK said:

 

@Tug is living in the US

Tug lives in his own little bubble.

1 minute ago, EVENKEEL said:

Last year this American made 5 return trips to the USA, drove cross country, replaced a home, pay multiple property taxes, Insurance, car tags and insurance. 

 

I think I know more than a foreigner who maybe.....maybe visited the USA once in their life.

 

Oh, so last year, before Trump was in charge of the destroying the US, you went there for a few weeks, and want to claim you know it all what is happening today?>

1 minute ago, CallumWK said:

 

Oh, so last year, before Trump was in charge of the destroying the US, you went there for a few weeks, and want to claim you know it all what is happening today?>

When were you there last?

 

The average citizen doesn't really care about who the president is because they're just trying to keep head above water. Well the average working citizen, if you are a fan of free stuff then maybe not so much.

2 hours ago, novacova said:

Foolish statement. Currently the US has a trade deficit with the EU and the EU has a surplus, Trump just corrected that, what is it about that you can’t wrap your head around? 

Trade balances happen for a reason, and imbalances also happen for a reason. This has nothing to do with unfair trading practices as Trump likes to portray it incorrectly.

 

Trade imbalances happen for a dozen valid reasons. All he's done is impose a 15% tax on the American people make products more expensive and contribute to an inflationary trend. His stated purpose is to bring jobs back to America, and these tariffs are not going to encourage very much of that. Unless he can fulfill his campaign promises to bring prices down, and to date he gets an F grade on that. 

 

Five out of 90 deals so far. 

2 hours ago, FlorC said:

15 % is disappointing.

EU has agreed to buy a total $750 bn of US energy and increase its investment into the US by $600 bn.

Like that's going to happen.

US energy is more expensive than Russian or mid-Eastern.

 

What can be more expensive than funding the Russian army in Ukraine via buying their oil & gas? 

Just now, EVENKEEL said:

When were you there last?

 

I never said I'm an American, or have been there. I said most of the maga's in this thread, and that includes you, haven't lived there for ages.

 

Good try at deflecting, but no cigar

Just now, CallumWK said:

 

I never said I'm an American, or have been there. I said most of the maga's in this thread, and that includes you, haven't lived there for ages.

 

Good try at deflecting, but no cigar

Perhaps you should stay in your lane.

1 minute ago, bkk6060 said:

False.  He owns the course in Scotland and plays for free.  Duh.

Yes, he owns two courses in Scotland. Both bleeding money.

 

When Trump plays at home. the $800,000 cost to taxpayers arises from his security detail being billeted  in accommodation owned by the Trump organisation.

 

Playing in Scotland, the security detail is probably 2-3 times as large. Same billeting system. Scotland is expensive. Been there, done that.

 

Think before you post again, Mr. Richardhead.

10 minutes ago, EVENKEEL said:

Tug lives in his own little bubble.

So do you.

Just now, spidermike007 said:

Trade balances happen for a reason, and imbalances also happen for a reason. This has nothing to do with unfair trading practices as Trump likes to portray it incorrectly.

 

Trade imbalances happen for a dozen valid reasons. All he's done is impose a 15% tax on the American people make products more expensive and contribute to an inflationary trend. His stated purpose is to bring jobs back to America, and these tariffs are not going to encourage very much of that. Unless he can fulfill his campaign promises to bring prices down, and to date he gets an F grade on that. 

 

Five out of 90 deals so far. 

 

15% tax on American people? Utter drivel. Zero chance the full tariff will be paid by the US consumer. And you know that. 

 

 

 

2 minutes ago, Lacessit said:

So do you.

I would have expected a better response from a superior high IQ individual such as yourself.

There will  be a day of reckoning. The EU is playing for time. First Trump threatened 50% tariffs, then he said 30%, now it is 15%. The USA has a large  surplus in trade with the EU in respect to services. Watch for the EU to take steps to reduce the  ease of  US firms to sell their services.

 

The USA is slowly losing its grip on international markets despite these  tariff "deals".  Chinese refiners have slashed US crude purchases by approximately 90% between 2023 and 2025, redirecting roughly 1.2 million barrels per day (bpd) toward alternative suppliers, with Canada taking the US market share. The Canadian TMX pipeline bypasses the USA and the  cheap oil now goes to China which has the ability to refine  Canadian crude. The USA used to reap windfall profits, purchasing the Canadian oil at a discount and then selling the refined product back to canada and others at substantial profit. Canada has greater oil and gas reserves than the USA and  the EU is begging for access. It will get it with the new resource law passed in Canada. It may take 5 years, but it will happen.

The EU-Canada free trade deal was provisionally enacted in 2017. CETA eliminates duties on 99% of all tariff lines, of which 98% were scrapped when it it provisionally entered into force. Watch for a pivot away from the USA between resource rich Canada and  resource hungry EU. This will take time, but it is underway. Remember how Trump was threatening Greenland and saying he was going to seize the country for its  rare earth inventory? Guess who has been signing development deals with Canadian and EU mining consortiums? Greenland and Denmark want to deal with Canada and other EU nations, not with the  USA.   The trade changes are irreversible and once they take hold, the USA economy, will  suffer. In the meantime, the 15% tariffs for the EU and Japan can feed inflation in the USA and block a Fed interest rate cut. 

 

7 minutes ago, theblether said:

 

15% tax on American people? Utter drivel. Zero chance the full tariff will be paid by the US consumer. And you know that. 

 

 

 

I think you just contradicted yourself, if the full tariff will be paid by the American consumer, is that not a tax on the American people?