BarracudaBob
Harvesting free photons from clean fusion
They better carry your groceries to your car
104% Tariff Just Announced On Chinese Imports..
- Thread starter Will Prowse
- Start date
DPC
Canada, Great already
Dam right.
No respect for intelectual property they copy the best and sell for less.
Big middle finger to traditional capitalism..
The clone.
Blessed be the clone.
What was a 600 dollar small engine is now a 150 dollar engine.
Every poor person can have a water pump to grow food and generator.
This would never have happened without Chinese ignoring Honda intellectual property.
They tried to beat it in court
The greyhound from harbour freight almost 20 years ago...
A judge said it was infringing on Honda copyright int he states and Harbour Freight had to make it look different.
Eventually they beat bullshit in court.
Now its a foot note and everything is a clone ( same parts inside so it didn't matter anyways it just meant the gaskets were more expensive )
American did not do this
China did..
Now everything is a Clone and it is cheap and good quality
DPC
Canada, Great already
Guess what Cuba and Mexico are the new snowbird destinations.
You can actualy buy a place... BUY it in Cuba...
Live there 1500 cdn a month...
Trump did this.
DPC
Canada, Great already
The orange retard caved in...I just made 8%
But he is still dangerous.
Cash out now...
I thought Biden was the one with Dementia.
He can't even do a trade war right.
What is paused?
I just got home and even our gov cant figure out what the orange retard has paused...
I do know there is a Chinese trade delegation in Canada.
No one knows who invited them and what or who they are talking too.
But the sands are shifting and they are looking to make deals with.
Trump pauses tariffs for most nations, unclear if it affects Canada
WASHINGTON — U.S. President Donald Trump said Wednesday that he is immediately pausing tariffs on most nations for 90 days following market turmoil triggered by his trade war with the world — but it was not immediately clear what the impact will be on Canada.
ca.yahoo.com
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No, they haven't been screwing us for years. They have been a reliable trading partner for decades and have been quite stable. There have been some issues, sure, but you deal with them through the WTO, not unilaterally.
The sort of juvenile, uninformed, reckless tariffs Trump imposed has destroyed a reputation we have built up for 80 years of being the most reliable and stable trading partner in the world. Now that is gone for decades at the very least, maybe for good. Businesses across the US have already begun suffering from this nonsense as their trading partners in other countries have canceled contracts and found other suppliers. Those contracts are not coming back.
World trade is going to route around the US and we will become far less relevant since we have ceded our leadership in trade and foreign policy. The EU and China are already stepping in to fill the void.
It's far easier to destroy than than it is to create and this is nothing but destructive. Factories aren't going to magically appear in the US overnight to start manufacturing here and even if that magic trick could happen, you're not going to find Americans clamoring to work in textile mills or iPhone factories for a few bucks an hour. Just like Americans are not clamoring to work the jobs we use immigrants for like farming, construction and domestic work.
Let's look at the senior trade advisor who has been pushing these tariffs. That's Peter Navarro. You know how he got that job? He wrote of bunch of whack job economics books that didn't sell very well and was generally considered a crackpot. But he did quote an alleged actual economist "Ron Vara" in all of his books, supporting his wacky ideas. In 2016 Jared Kushner needed to find an economic advisor for the first Trump administration. So Jared, being the incompetent he is, went to Amazon to look for economic books and based on the book covers alone, he decided Peter Navarro was exactly the guy they needed. Well, it turns out that Ron Vara guy Navarro kept quoting in his books was not a real person, but a fictional persona whose name is an anagram of Navarro.
This is why you should never put criminals, failsons, habitual grifters and weirdos in charge. They will screw it up every time.
Idiocracy is truly here. It's maddening watching people who don't know anything about politics, government, geopolitics, global trade or economics applaud the downfall of American leadership and dominance in the world thinking it's actually some savvy negotiation from the biggest business failure this country has ever seen.
Brucey
Velcro Man
Toto?
DPC
Canada, Great already
Threaten them all with JAIL !!!!!
Then put them on a bus to Canada
We will put them to work up here where we need people.
DPC
Canada, Great already
We are sending the toilet paper to China, no tariffs....
Exactly. What is the US selling anyway? I saw one particularly stupid person on the TV complain that Japan, Korea and Europe are not buying "Dodge Rams". As if that is some sort of rational argument. Yeah, anyone who has been to Europe, Japan or Korea can tell you that our cars are too big, too expensive and too fuel inefficient for them to want to purchase. I saw someone else complaining that the EU won't buy our meat. Yes, because their standards are higher than ours. Want to sell in their market, then make better products that people want. You don't see China complaining that we don't buy their cars. Why don't we buy their cars? Because they don't meet our safety standards.
And when people talk about trade imbalances in terms of trade deficits alone, they are missing the big picture. Capitalism seeks out cheap labor, we found it, exploited it and made a ton of money. Our economy was the envy of the world. To be pro tariff is to be anti capitalism. Hundreds of years of trade have taught us that tariffs are a scalpel to be used sparingly and only to deal with very specific issues, not to be used across the board.
This is like pulling out all your teeth when you only need a filling. Once you go down that road, there's no growing your teeth back.
If you haven't watched Idiocracy, you should. Mike Judge was quite prescient.
DrObbins
New Member
My experience with China. After chasing manufacturing jobs around the country for years, I had a job in purchasing with a majority China owned company manufacturing rail cars. Can't beat them, join them Huh? There is a federal law from back in the 1800s that only allows rail cars on USA tracks to be made in the USA. Some of the first hand points I saw:
- I was in the same office as the design department. The engineers mostly copied designs instead of designing themselves.
- Because we "designed" our rail cars, we would request CAD drawings of components to be incorporated into our design. Many USA companies would not provide the drawings just because they didn't want China to steal the design.
- On two separate occasions, I got quotes on everything to build a rail car. This included getting at least 3 quotes for each item.
- Go figure that China was able to match, not beat, the lowest quote every time.
- My Chinese boss asked me one time "How come it is cheaper to ship steel 1/2 way around the world, instead of buying locally?". With out thinking, I replied "there are millions of Americans who would like to know that same answer". (oops) We both looked at each other and came to the same conclusion that there was nothing more to say and walked away.
- US steel companies stopped providing quotes because they didn't get any business.
- China started assembling the bottom, top, and 4 walls for hopper cars in China and then shipped them to us to assemble. "Made in America"?
- We were going to start making tanker cars. The inside of the tank had to be corrosion proof. They were planning to spray the coating with a 95* flashpoint without any ventilation or confined space retrieval equipment. Hmm.. Atomizing a very flammable spray in a closed container. What could go wrong?
I hate politics but what happened today was so corrupt on so many levels its silly. How are these same people gonna make a massive stink about Hunter Biden paying off a Truck loan then turn around and let shit like this happen daily? Also, 125% tariff on China now? I dont think the stock market realizes how much Chinese stuff the average American buys, and where it really comes from...
OMG. People need to really stop equating wealth with intelligence. Being born into a rich family and being a sociopath, doesn't mean you're intelligent.People always like to say derogatory things about successful people, mostly because their own life sucks. I guess we have to ask why you made the above statement.
I know a fella who says Musk is an idiot.
How dumb could the richest person in the world be?
I really am baffled by anyone who can look at Trump and not see the obvious, ridiculous con man and sociopath he is.
Trump has the distinction of being the man who lost more money than anyone else in US history. He is a serial failure at business(he even managed to bankrupt Casinos!), but he lies and engages in self aggrandizement constantly. He was running on fumes when Mark Burnett cast him in the lead role in The Apprentice. And somehow people saw the character he played, a mercurial bozo who obviously doesn't understand business, and thought, "That guy is an incredible businessman!" Why? Because he says so and is on the TV!
The author of his book, "The Art of the Deal" regrets ever having written that book for him. Think about that for a minute. Yeah that's right, Trump didn't write his own book and likely didn't read it either.
It's just heartbreaking seeing so many people buy into these ridiculous myths of Trump and Elon, two of the most horrible people on the planet.
No wonder so many people fall for MLMs and time shares.
So what happened last time around was that many Chinese companies stopped buying from US farmers and started buying from Brazil and as a result the US government had to bail the farmers out. Those customers that switched to Brazil, never came back.
The stuff the US can grow can be grown in many other places. But most of the food we import, can't. If you like coffee, it's going to be more expensive for the rest of your life, get used to it.
As for making food less expensive here because China isn't buying it now, that's great news. Got any suggestions for all the corn and soybeans I can get for cheap now? Because that's the only thing that is lower now. I listened to the farm report his morning and farmers are screwed and we will be bailing them out yet again because Trump is an idiot(and a criminal) who has managed to convince enough dummies that he knows what he's doing.
Fun fact, according to the US Department of Education, 54% of American adults cannot read or write prose beyond a sixth grade level. We are living Idiocracy.
DPC
Canada, Great already
No but we can soften the blow.
We grow soy beans too and so does Brazil and a lot of other countries that are not attacking China in a trade war.
robby
Electronic Engineer
- Joined
- May 1, 2021
- Messages
- 5,389
I think that is one of the reasons why Trump hit every country with Tariffs. He wanted to make a statement and I suspect that he is now going to be setting terms with individual countries on how they can stay tariff free, I suspect Brazil might not be as reliable a seller to China after these talks.
Agree, fossil fuel is a dead end.
DPC
Canada, Great already
The middle income trap.
I've been saying it for years China has not reached economic escape velocity and they risk forever being the worlds work shop based on low cost wages.
I dunno how they get out of this one, but they need to trade no matter and the world needs stuff that aint going to be made in America
DPC
Canada, Great already
Heard it loud and clear he's saying " I Donald J Trump, am an idiot.... "
DPC
Canada, Great already
No I am Canadian."The orange retard caved in...
But he is still dangerous.
Cash out now..." Did you vote for Biden ????? He did such a GREAT job !
You miss the memo?
Yeah and if my granny had wheels I'd drive her like a car.
The only way China is getting into a war with the US is if the most warlike nation the world has ever seen(the US) decided to start a war with them.
This is one of the great benefits of global trade, capitalism and interdependency, it reduces conflict and makes war so unpalatable that people don't even have to work that hard to avoid it.
Want to know how uninhabited islands got on the tariff list? It's because Trump said "ALL countries" and his incompetent unprofessional staff of sycophants used an internet top level domain list to find "all the countries" and if you look, you will see that the Heard and McDonald Islands have their own TLD, it's .HM
I know it's hard for some people to fathom, but this administration lacks knowledgeable professionals. Trump values personal loyalty and what he thinks is great television presence above all else. See my other comment about "Ron Varo". These people are fundamentally ignorant and think they know what they're doing. It's the Dunning Kruger effect in over drive.
S Davis
Solar Addict
- Joined
- Sep 25, 2021
- Messages
- 1,082
Ok so that’s fine you sit and watch but there is already major fall out because of the way this whole thing has been handled, If he would have gone after one country at a time instead of all at once. He
just pushed all our previous allies together to be against us. Gives them more power as a block of countries, and easier to say FU and look elsewhere for a reliable trade partner. I am seeing construction projects cancelled and layoffs in the near future in my area because of the uncertainty of building material costs.
DPC
Canada, Great already
This is actually a Finish film but its really funny Moon Nazies!
And there is a message in it.
Am I being cynical, or can anyone else hear this conversation??
Hey Donald this is your rich bff...do your tariff thing and crash the market. When it drops 4000 points, we will buy a bunch of stock. Then you can announce you changed your mind. We will sell when the 4000 points are erased. We can make a ton of money. Thx
ps can't be grifting you $$, but whats your favorite charity???
Hey Donald this is your rich bff...do your tariff thing and crash the market. When it drops 4000 points, we will buy a bunch of stock. Then you can announce you changed your mind. We will sell when the 4000 points are erased. We can make a ton of money. Thx
ps can't be grifting you $$, but whats your favorite charity???
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