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Posted

the weakness in the strategy of trying to single out one country for tariff action is that China will just trans-ship through 3rd countries or even do some nominal finish value added there. The only way it actually works is if the rest of the world cooperates to pressure China - but of course cooperation is anathema to Trump, which is why all this screwing around appears to likely to fail in the end.

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Posted

Sounds a lot like market manipulation 

7 minutes ago, gehringer_2 said:

the weakness in the strategy of trying to single out one country for tariff action is that China will just trans-ship through 3rd countries or even do some nominal finish value added there. The only way it actually works is if the rest of the world cooperates to pressure China - but of course cooperation is anathema to Trump, which is why all this screwing around appears to likely to fail in the end.

 

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Posted
2 minutes ago, Motown Bombers said:

I’m out on Whitmer. 

 

What the F?  Can’t believe she bent the knee.

She also repeated Trump’s golden age for manufacturing rhetoric.   

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Posted
2 hours ago, chasfh said:

Well, fellow undesirable U.S.citizens, that’s quite a situation he’s creating.

They might as well just go ahead and call them vermin, and/or subhuman. You know they're thinking it.

Posted (edited)
3 hours ago, gehringer_2 said:

either can American industry. TBH - I think it won't continue that long. Trump will continue to be a model of inconsistency and chaos, but I think he will soon enough be bored of the topic and book whatever wins he imagines he's made on Tariffs and move on to other things..

I disagree.... I think his actions today (reminder: only a 90 day pause, not a full offramp) and the subsequent "victory lap" (ie. the market regaining a portion of the losses he instigated, in manipulated fashion) while keeping the 10% on all the other countries, 25% on steel and aluminum and the 100+% China tariff have moved the Overton window and are not going away. Even if they negatively impact on the economy.

Edited by mtutiger
Posted (edited)
1 hour ago, mtutiger said:

I disagree.... I think his actions today (reminder: only a 90 day pause, not a full offramp) and the subsequent "victory lap" (ie. the market regaining a portion of the losses he instigated, in manipulated fashion) while keeping the 10% on all the other countries, 25% on steel and aluminum and the 100+% China tariff have moved the Overton window and are not going away. Even if they negatively impact on the economy.

No argument there - I didn't mean there wouldn't be some permanent outcome, only that at some point the chaos on this issue will subside and be replaced by chaos on other issues that have captured his attention.

But I think the ultimate take away is that the US acting alone will not be able to make much of a dent in Chinese total exports, and large volumes of Chinese production will continue to find their way into the US at less than the direct tariff rates on China.

Edited by gehringer_2
Posted
32 minutes ago, Hongbit said:

What’s the point of keeping a 10% tariff?  

It’s not enough to impact any change in trade practices.  All it’s going to do is make people pay 10% more on what they buy. 

He truly believes the tariff ****

Posted
6 minutes ago, Hongbit said:

What’s the point of keeping a 10% tariff?  

It’s not enough to impact any change in trade practices.  All it’s going to do is make people pay 10% more on what they buy. 

He still wants some revenue to work with.

Posted
7 minutes ago, Mr.TaterSalad said:

WOW, screw this. What is she doing here? She's submarining her 2028 Presidential campaign for sure. 

She is triangulating. The Dems have to come to terms with the fact that a lot of people voted for Trump and if you start out by invalidating the opinion of all those people, you create a hole for yourself you don't need to.

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