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55
Trump spares smartphones, computers, other electronics from China tariffs
These tariffs will do absolutely nothing to improve the standard of living of Americans. Business leaders, economics professors, Wall Street traders, bankers are lining up to tell you that. Donald Trump was elected on a platform of reducing taxes. Tariffs are a tax paid by American importers and passed on to American consumers. This is the biggest tax rise imposed on the American public since the Second World War. It is definitely not going to be paid for by China or any other country. The spin coming out of the White House is a massive hoax. This is nothing but a huge tax rise. He can flip many times over but a lot of the damage is already done. There is an enormous loss of confidence in the current US government. -
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Thai Youths Warned Over Risky Songkran Selfies
That guy in the photo looks like he's a real killjoy... announcing a mandate from Grinch. I mean, wow, jail time for posting pictures of people having fun and a few beer... bit extreme. -
14
In the event of your death
Given your recent posts concerning Trump, I thought you were brain-dead already. -
63
China stuns world with stainless steel tech once thought impossible
I think he was praising China. Not that I thought his praise had much relevance. For example, Islamic civilization was once the world's leader in science and math. Very advanced in agricultural technology. That doesn't mean it's leading the world now. -
64
Trump Rejects EU’s ‘Zero Tariffs’ Offer, Vows to Erase $350bn Trade Deficit With Energy Sale
and the orange man starts to understand the problems/mistakes he made/created come to realize that he does need allies, the questions is, will the "past" allies that he screw up will answer his/orange man calls. He removed tariffs on mobile phones, computers, and other electronics to help his "friends" donators of at least 1 million USD each because they were loosing too much too fast, Apple Cook, Meta and Amazon just to name a few, they contributed to his inauguration with cash, now it's pay back time. Trump is trying to build an allied front to counter China, he had the opportunity to do it back in 2017 but he decided to dismantle the agreement Still, the idea of building an allied front to try to modify China’s trade practices is such a good idea, it’s a wonder no one thought of it before. They did. And Trump shut it down. On the first day of his first term in 2017, Trump withdrew from the Trans-Pacific Partnership, a group of 12 nations including allies like Mexico, Canada, Japan, and Australia, as well as Japan that did not include China. The president also shut down a Transatlantic Trade and Investment Partnership that would have linked the world’s two largest markets. Why Trump is scrambling for allies in his trade war with China https://au.news.yahoo.com/why-trump-scrambling-allies-trade-223729790.html -
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If there was a snap US election tomorrow who would you vote for Trump or a Penguin?
It's not the stocks that are so worrying. It's the bonds: Treasuries Suddenly Trade Like Risky Assets in Warning to Trump April 11, 2025 at 2:50 AM UTC Updated on April 12, 2025 at 12:55 AM UTC Billed on Wall Street as so rock-solid safe they’re risk-free, US Treasury bonds have long served as first port of call for investors during times of panic. They rallied during the global financial crisis, on 9/11 and even when America’s own credit rating was cut. But now, as President Donald Trump unleashes an all-out assault on global trade, their status as the world’s safe haven is increasingly coming into question. https://archive.ph/3k9Uj#selection-2457.0-2461.157
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