Steel and aluminum tariffs...

[johnsmith]

Sorry, it seemed like a request for information that I knew something about. I should have let Boo speak for himself.

No problem RG....you’re still good people as far as I’m concerned

[RandomGuy]

https://finance.yahoo.com/news/apos-china-could-really-hurt-191011662.html



China is already on the road to purchasing less of our newly issued debt, whatever happens on the trade front. Although its annual trade surplus with the U.S. has stabilized at around $350 billion, it’s well below its peak of a few years ago. And China’s waning power as an exporter, primarily due to the stronger yuan, has substantially lowered its holdings of foreign reserves. So just when the U.S. deficit is set to jump from $667 billion in 2017 to close to $1 trillion in this fiscal year, and an estimated $2.4 trillion by 2027 if current spending and tax policies continue, China will be meeting a lot less of our fast-growing need for funding. Put simply, the supply of Treasuries will explode, and foreign demand will likely prove more reserved than in the past, thanks in large part to shrinking purchases from China.

That scenario already threatens to cause precisely what the U.S. can’t afford: a spike in interest rates. Of course, yields are bound to rise somewhat because of the Federal Reserve’s pledge of serial short-term rate increases and a newly resurgent economy. But the Congressional Budget Office is forecasting that the 10-year Treasury yield will reach only 3.7% by the end of 2027, up from around 2.8% today. Even if yields stabilize in that range, interest on the debt would reach almost $1.1 trillion by 2028, according to a forecast from the Committee for a Responsible Federal Budget. (That’s the equivalent of two-thirds of projected spending for Social Security a decade hence.)

Given the weight of those carrying charges, any significant rise in “real,” or inflation-adjusted yields would prove disastrous. (What matter is real not nominal rates, since the Treasury would recoup moderate increases in inflation via higher tax collections on higher incomes.) A real-rate surge would increase borrowing costs for Uncle Sam and for businesses, and make it ever more expensive for the federal government to meet its obligations on everything from military spending to retirement benefits.

[RandomGuy]

BEIJING — China announced Friday that it planned to impose tariffs on $3 billion worth of American-produced fruit, pork, wine, seamless steel pipes and more than 100 other goods, hitting back at the United States hours after President Trump proposed tariffs on about $60 billion worth of Chinese-made products.

The Chinese Ministry of Commerce issued the threat in an online statement that said its proposed measures retaliated against the Trump administration’s earlier decision to impose tariffs on Chinese steel and aluminum. The timing, though, also appeared to be a warning shot against Mr. Trump’s latest action on the trade front, on Thursday, when he took specific aim at a much wider range of Chinese products.
https://www.nytimes.com/2018/03/22/world/asia/china-trump-retaliatory-tariffs.html

[RandomGuy]

“It’s not devastating economically by any stretch, but it’s certainly going to hurt those interests in the United States that are trying to export,” Mr. Bown said. He pointed out that the retaliation by China sends “a negative signal, that they are not seeking to de-escalate things.”

Experts say that China picked its targets carefully by choosing goods that have political resonance. Much pork is produced in Nebraska and elsewhere in the Midwest, where Mr. Trump has strong support. Other items that could face tariffs are fruits and nuts that mostly come from California.

[CosmicCowboy]

Its a great time to buy chinese stocks. I just clicked on buying 500 shares of JD.com. zero technical reason for it to have dropped like it has this week.

[dabom]

“It’s not devastating economically by any stretch, but it’s certainly going to hurt those interests in the United States that are trying to export,” Mr. Bown said. He pointed out that the retaliation by China sends “a negative signal, that they are not seeking to de-escalate things.”

Experts say that China picked its targets carefully by choosing goods that have political resonance. Much pork is produced in Nebraska and elsewhere in the Midwest, where Mr. Trump has strong support. Other items that could face tariffs are fruits and nuts that mostly come from California.

:lol

[RandomGuy]

:lol

Dow has lost 1500 points this week.

After China responded... dow lost about 400 points today.

Off about 3000 points from its record high, although that was bound to happen.

Doubt my dad will be bragging about this one.

[RandomGuy]

https://finance.yahoo.com/news/dow-theory-sell-signal-could-112637192.html

Ran Across this article. (not sure what to make of it, other than mild amusement)

A Dow Theory sell signal could trigger a selling avalanche

The second reason to be on your guard for the possibility of a Dow Theory sell signal: The timing system is widely followed, so a sell signal could generate an avalanche of selling. Among the investment newsletters I monitor, for example, no market timing system is more widely followed. Countless individual traders use it to decide when to build up cash.

To appreciate just how close a Dow Theory sell signal is, read my March 2 column in which I detailed the three-step process required to generate such a signal. Suffice it to say that the market has already jumped over the first two of those steps. The third and final step requires the Dow Industrials to close below 23,860.46 and the Dow Transports (:DJT) to close below 10,136.61.

-----------------------------
23,533.20 DJI

Dow Jones Transportation Average
INDEXDJX: DJT - Mar 23, 4:20 PM EDT
10,163.32 Price decrease190.14 (1.84%)


---------------

Guess we will get to see if the dude is right. He is a few points off the last data point for his theory.

[CosmicCowboy]

Probably a good thing this happened on a Friday. I suspect everyone will take a deep breath this weekend and realize the sky isnt falling.

[boutons_deux]

In your own words, how has he ripped off suppliers for decades? Not saying your wrong, but would just like to know.

Trump would contract with suppliers, with the payment back-loaded.

job done, so contractorr wants to be paid,

Trump says "nope, I won't pay, so sue me", knowing the contractors often couldn't afford to sue and were out of pocket, maybe fatally so, for material delivered and wages paid.

in Atlantic city, contractors even got together and hiked their job quotes to Trump, so they would at least get something.

[koriwhat]

Trump would contract with suppliers, with the payment back-loaded.

job done, so contractors wants to be paid,

Trump says "nope, I won't pay, so sue me", knowing the contractors often couldn't afford to sue and were out of pocket, maybe fatally so, for material delivered and wages paid.

in Atlantic city, contractors even got together and hiked their job quotes to Trump, so they would at least get something.

ever hired a contractor before? they fucking suck, waste material, hike up costs 500%+, usually do a shitty job, and most times leave a job site unfinished.

with that said, you know the inner workings of djt's biz deals? wow! love how you act like you do.

ps: that last sentence of yours goes without question because that's what ALL contractors do from the get go and not just to djt.

[boutons_deux]

California farmers, winemakers kick dirt over Chinese tariffs

California's vintners and growers fumed Friday at the growing prospect that wine, nuts, fruit and other Golden State exports would become collateral damage in a trade battle between President Trump and China.

The $47-billion industry, which largely backed Trump, has been buffeted repeatedly as the Trump administration has halted or reopened trade talks and proposed punitive tariffs aimed at protecting American jobs.

This time, an executive order imposing tariffs on $50 billion in Chinese imports prompted China to target 128 U.S. products for steeper trade barriers, including many crops and animal products.

China's first action would take aim at $3 billion in U.S. exports by imposing a 15% tariff on products including fresh fruit, dried fruit and nut products, and wine,

A second phase of 25% tariffs targets $1.9 billion in U.S. exports including pork — a blow to Midwestern and Plains states.

Soy, by far the biggest agricultural export to China, was left off the list.

China has to avoid blowback on its own constituencies. It desperately needs foreign soy, which it imports from the U.S. Midwest and Brazil, and

animal feed such as hay, an export that earned more than $100 million for California growers in 2016

California's nut industry — almonds, walnuts and pistachios — sold $1.1 billion in 2016 to China, its third-largest foreign customer

China also bought more than $220 million in fresh citrus and table grapes from California that year,

http://www.latimes.com/business/la-fi-china-targets-nuts-fruit-wine-20180323-story.html#nws=mcnewsletter

[Chris]

Trump


978363830219702272

[Chris]

978364794154647553

[ducks]

Lol China talking now

[Chris]

Lol China talking now

They need us more than we need them. Trump knows this.

[RandomGuy]

978364794154647553

-344.89(-1.43%)

(shrugs)

This day, that day, bla bla bla. Cherry pick that shit all you want, but you will look foolish the next day if you do. foolish-er, in your case.

[Chris]

-344.89(-1.43%)

(shrugs)

This day, that day, bla bla bla. Cherry pick that shit all you want, but you will look foolish the next day if you do. foolish-er, in your case.

Still waiting on proof that Trump is a sexual predator. Tick tock.

[Reck]

980599501378478081


Trump hits China with tariffs, China gets NK to talk, Trump eases tariffs on China.

:lmao Why did you delete that post TSA (http://www.spurstalk.com/forums/member.php?u=7640)?

:lol self owning now

[RandomGuy]

978364794154647553


23,570.34
-532.77(-2.21%)

TRUMP.... :rollin

Down 2000 points since March 12th.

[RandomGuy]

Probably a good thing this happened on a Friday. I suspect everyone will take a deep breath this weekend and realize the sky isnt falling.

China hammers US goods with tariffs as sparks of trade war fly

China has increased tariffs by up to 25 percent on 128 U.S. products, from frozen pork and wine to certain fruits and nuts, escalating a dispute between the world's biggest economies in response to U.S. duties on imports of aluminum and steel.

China warned the United States on Thursday not to open a Pandora's Box and spark a flurry of protectionist practices across the globe.

"There are some people in the West who think that China looks tough for the sake of a domestic audience, and would easily make concessions," the Global Times said.

"But they are wrong."

The Global Times is run by the ruling Communist Party's official People's Daily, although its stance does not necessarily reflect government policy.

Reaction to China's measures varied on social media, with some saying Chinese customers would be the ones to ultimately pay for a trade war.

"Why not directly target soybean and planes? The tariffs that China announced today don't sound a lot to me," said a user on the Weibo microblog platform.

Aircraft and soybeans were China's biggest U.S. imports by value last year.

In a statement published on Monday morning, the commerce ministry said the United States had "seriously violated" the principles of non-discrimination enshrined in World Trade Organization rules, and had also damaged China's interests.

"China's suspension of some of its obligations to the United States is its legitimate right as a member of the World Trade Organization," it said, adding that differences should be resolved through negotiation.

Weibo prominently featured the list of U.S. goods that China is targeting among the day's "hot" trending topics.

"I will never buy fruit from the U.S.," a Weibo user wrote.

----------------------------------


Dow 30
23,448.98
-654.13(-2.71%)

[RandomGuy]

On the upside... all that produce and pork has to get sold somewhere. Look to food prices to moderate.

[RandomGuy]

Its a great time to buy chinese stocks. I just clicked on buying 500 shares of JD.com. zero technical reason for it to have dropped like it has this week.

I wonder how many people lost money following your president's reckless, false comments on Amazon yesterday.

Seems pretty ripe for a lawsuit.

[RandomGuy]

Donald Trump Fucking Amazon To Own The Libs
https://img.wonkette.com/wp-content/uploads/2017/09/amazon-women-futurama.jpg


Now that there’s nobody left to even pretend they’re putting Big Dumb Baby in the corner, Donald Trump’s personal war on Amazon owner Jeff Bezos is really heating up, as are his bizarre claims that the Postal Service is losing money on delivering stuff. So of course, Trump continued his one-man crusade to tank Amazon stock today:

https://img.wonkette.com/wp-content/uploads/2018/04/Trumptweet-amazon-tuesday.jpg

ep, he’s worried about the costs of Amazon deliveries being Jason Bourned by the taxpayers, which means we’ll wake up some morning with Combat Tweeting Skills we don’t remember learning. As Yr Wonkette noted yesterday, Amazon does get a discounted — but still profitable — rate for delivering packages, and the postal service is required by law to make a profit on shipping packages. So yeah, Trump’s still lying, just like he lied about the US balance of trade with Canada.

Which is not to say the lies aren’t effective: Amazon stock was down by 5 percent yesterday, and the Nasdaq index, which is loaded with tech business, was down 2.7 percent for the day, and down 9.5 percent from its high point last month. Some of it is probably due to disenchantment with Facebook and uncertainty about trade with China, too, but as Gabriel Sherman notes in Vanity Fair, Trump is simply delighted by the chance to hurt Jeff Bezos, so he’s likely to keep up the attacks. US economy? What US economy? The guy’s having fun!


Now, according to four sources close to the White House, Trump is discussing ways to escalate his Twitter attacks on Amazon to further damage the company. “He’s off the hook on this. It’s war,” one source told me. “He gets obsessed with something, and now he’s obsessed with Bezos,” said another source. “Trump is like, how can I fuck with him?”


No matter how many times he’s been told the US Postal Service makes buttloads of money from Amazon, Trump wants to direct the USPS to raise rates on Amazon, because that would hurt Bezos. Hurting Jeff Bezos is a matter of national importance, because Bezos owns the Washington Post, and the Washington Post has been very unfair to Trump by continuing to do journalism at him. Very good journalism at that — when other papers have been shedding reporters, Wapo has been hiring.

Ergo, it is simply logical that Amazon must suffer, especially because new White House Economic Adviser Larry Kudlow has yet to remind Trump that the Postal Service really needs Amazon, since email has taken away much of the system’s revenue:


“Trump doesn’t have Gary Cohn breathing down his neck saying you can’t do the Post Office shit,” a Republican close to the White House said. “He really wants the Post Office deal renegotiated. He thinks Amazon’s getting a huge fucking deal on shipping.”

Yes, we really are in 2018, not the Gilded Age, but this really is a US “president” who wants to set postal rates to punish a guy he doesn’t like. People in TrumpWorld are also “encouraging Trump to cancel Amazon’s pending multi-billion contract with the Pentagon to provide cloud computing services,” says Sherman, because isn’t that what political power is supposed to be used for? Of course, as former US Attorney Preet Bharara points out, Bezos just might have some leverage of his own:


What if Jeff Bezos bought Twitter with the change in his pocket and shut Trump's account?

Trump just plain doesn’t believe repeated statements by Bezos and WaPo that Bezos has no involvement in editorial decisions. Don’t be silly! Trump knows how newspapers work, because his pal David Pecker does such a fine job of ensuring the National Enquirer covers Trump positively, right down to buying the rights to stories Trump would rather see buried, like that affair with the gal from the naked-lady books. Hell, if Donald Trump owned a newspaper, he’d definitely tell that newspaper what to print every day, right down to selecting headlines. At least for the few months before the newspaper’s inevitable trip to bankruptcy court.

Read more at https://wonkette.com/632147/donald-trump-fucking-amazon-to-own-the-libs#tqaudcDiPSR7uHTj.99

[CosmicCowboy]

I wonder how many people lost money following your president's reckless, false comments on Amazon yesterday.

Seems pretty ripe for a lawsuit.
He is your president too.

[RandomGuy]

He is your president too.

(shrugs)
I voted for his opponent. Your party looked around a crowd of 16 people and picked his dumb ass as their favorit, and you went right along with it. You can't even bring yourself to hold his feet to the fire for 1/10th of the stupid shit he and his administration does on a daily basis.

[CosmicCowboy]

(shrugs)
I voted for his opponent. Your party looked around a crowd of 16 people and picked his dumb ass as their favorit, and you went right along with it. You can't even bring yourself to hold his feet to the fire for 1/10th of the stupid shit he and his administration does on a daily basis.
:lmao

Laughing at RG for thinking that masturbating in a spurs political forum changes anything.

[boutons_deux]

Amazon pays the same rates as other bulk mailers

Amazon pays state sales

Yet again, Trash is ONLY all about Trash himself first and only, who hates Bezos and WaPo

[RandomGuy]

:lmao

Laughing at RG for thinking that masturbating in a spurs political forum changes anything.

It doesn't. Never claimed it did.

Why do you feel motivated to lie about that?

[CosmicCowboy]

It doesn't. Never claimed it did.

Why do you feel motivated to lie about that?

*RG angrily whacking off*

[Spurminator]

I wonder how many people lost money following your president's reckless, false comments on Amazon yesterday.

I lost a ton, but Amazon is stronger and will be around a lot longer than President Trump and his petty personal grievances. Good time to increase holdings.

[RandomGuy]

*RG angrily whacking off*

Not angry at all. Just a bit creeped out by your obsession with me masturbating. And puzzled.

It's almost as if you are ashamed of the Trump party.

[RandomGuy]

I lost a ton, but Amazon is stronger and will be around a lot longer than President Trump and his petty personal grievances. Good time to increase holdings.

I agree.

Also a good time for a shareholder SEC lawsuit. Bet you an internet dollar someone files one at some point soon if Trump keeps coming unglued at his political opponents companies.

[RandomGuy]

*RG angrily whacking off*

I suppose this is more comfortable for you than how badly Devos is screwing the pooch. Or Carson... or Pruitt... or Perry...

If I were you, I would try to change the subject from your party's cavalcade of incompetence too.

[Brazil]

They need us more than we need them. Trump knows this.

what ? :lol this statement is probably worst than 2/90 = 14% tbh

holy shit you are a massive imbecile

[Pavlov]

what ? :lol this statement is probably worst than 2/90 = 14% tbh

holy shit you are a massive imbecileWe need them exactly 2-14% as much as they need us with a 98 point margin of error.

[Chris]

what ? :lol this statement is probably worst than 2/90 = 14% tbh

holy shit you are a massive imbecile

What's it like to set the low bar with Blake? :lol Buddy you're about as smart as a box of rocks and I'm giving the rocks a lot of credit.

[RandomGuy]

We need them exactly 2-14% as much as they need us with a 98 point margin of error.

:lol

Well done skewer, IMO.

[Brazil]

What's it like to set the low bar with Blake? :lol Buddy you're about as smart as a box of rocks and I'm giving the rocks a lot of credit.

:lmao 14%
:lmao they need us more
:lmao Dat red neck gene and education... you also think Argentina is in Europe... ignorant dumbfuck

[Reck]

TSA avoiding this thread like he owes it money. :lol

[Chris]

you also think Argentina is in Europe... ignorant dumbfuck

Wtf are you rambling about here retard? :lol stick to trolling the low hanging fruit upstairs; your shit stinks down here :lol

[DMX7]

We're not hearing much from trump about the stock market these days.

[boutons_deux]

White House Unveils Tariffs on 1,300 Chinese Products

a 25 percent tariff on Chinese products like
flat-screen televisions,
medical devices,
aircraft parts and
batteries,

outlining more than 1,300 imported goods that will soon face levies as part of a sweeping trade measure aimed at penalizing China for its trade practices.

The move, which stems from a White House investigation into China’s use of pressure, intimidation and theft to obtain American technologies, is likely to inflame an already-simmering trade war between the countries.

On Monday, China said it would slap tariffs on 128 American products (https://www.nytimes.com/2018/04/01/world/asia/china-tariffs-united-states.html?hp&action=click&pgtype=Homepage&clickSource=story-heading&module=first-column-region&region=top-news&WT.nav=top-news) in response to a separate White House plan to tax steel and aluminum (https://www.nytimes.com/2018/03/01/business/trump-tariffs.html) from China and other countries.

The products targeted by the White House are part of its

plan to go after China’s dominance in cutting-edge technologies like semiconductors, electric vehicles and advanced medical products — industries that China is pursuing dominance in as part of an industrial plan known as “Made in China 2025 (https://www.nytimes.com/2018/03/26/business/china-us-trade.html).”

https://www.nytimes.com/2018/04/03/us/politics/white-house-chinese-imports-tariffs.html?partner=rss&emc=rss

Trash's tariffs gonna hurt China or USA more? :lol

China gonna slow down its targets for dominating strategic sectors, gonna slow down or stop its spreading influence in Africa or Central/South America?

China is handing America its ass, so Trash imposes tariffs.

Let's see what the stock market does tomorrow.

[boutons_deux]

U.S. Chamber of Commerce warns Trump against China tariffs

https://uk.reuters.com/article/uk-usa-trade-navarro/u-s-chamber-of-commerce-warns-trump-against-china-tariffs-idUKKCN1GR29C

[Chris]

We're not hearing much from trump about the stock market these days.

Ebb and flow. Not hearing much about Stormy these days.

[Brazil]

Wtf are you rambling about here retard? :lol stick to trolling the low hanging fruit upstairs; your shit stinks down here :lol

Retard explain to me 2/90=14% tbh..

[hater]

Dumb trade war tbqh

The stock market will plummet today

Id say 500 pts min

[sickdsm]

Dumb trade war tbqh

The stock market will plummet today

Id say 500 pts min

FWIW. I have a firm that does my marketing for me. I was feeling heavily oversold on soybeans. We talked about tariffs on southerns a few weeks ago and she replied it would be unfortunate (we all knew it was coming, US doesn't make anything worthwhile to China outside of Ag) but much needed in the long run. Her firm is one of the more successful ones and she is one of the better ones at that location.

I saw a market experts story on it this morning, he brought up that no date was mentioned to enact the tariff and China has started they will continue to buy.


So they just cut themselves a big coupon on the products they want to buy.

[boutons_deux]

Dow plunges more than 350 points on trade war fears after China retaliates to US tariffs

https://www.cnbc.com/2018/04/04/us-stock-futures-dow-data-trade-tech-and-politics-in-focus.html

[hater]

FWIW. I have a firm that does my marketing for me. I was feeling heavily oversold on soybeans. We talked about tariffs on southerns a few weeks ago and she replied it would be unfortunate (we all knew it was coming, US doesn't make anything worthwhile to China outside of Ag) but much needed in the long run. Her firm is one of the more successful ones and she is one of the better ones at that location.

I saw a market experts story on it this morning, he brought up that no date was mentioned to enact the tariff and China has started they will continue to buy.


So they just cut themselves a big coupon on the products they want to buy.

Problem is the stock market reacts to rumors and news as much as actual laws

It is alteady down 400 today as I predicted. I dont see it recovering that by end of the day

[RandomGuy]

FWIW. I have a firm that does my marketing for me. I was feeling heavily oversold on soybeans. We talked about tariffs on southerns a few weeks ago and she replied it would be unfortunate (we all knew it was coming, US doesn't make anything worthwhile to China outside of Ag) but much needed in the long run. Her firm is one of the more successful ones and she is one of the better ones at that location.

I saw a market experts story on it this morning, he brought up that no date was mentioned to enact the tariff and China has started they will continue to buy.


So they just cut themselves a big coupon on the products they want to buy.

Pretty much.

Same thing happened on steel tariffs. Markets acted almost instantly as if prices were already worked in, even though the tariffs aren't actually in effect.

Trump is going to push for a better bargaining position, hopefully realize his hand is weaker than he thought it was, and parade around the minor concessions he is going to get as a win, long before he pulls the trigger. This is a bluff, IMO.

Trump voters will then be brainwashed into thinking that the field goal was a 99 yard touchdown by the sympathetic state-owned media.

China for its part has come out and said that the targets of their sanctions will be the red states that voted for Trump. :lol

[sickdsm]

Pretty much.

Same thing happened on steel tariffs. Markets acted almost instantly as if prices were already worked in, even though the tariffs aren't actually in effect.

Trump is going to push for a better bargaining position, hopefully realize his hand is weaker than he thought it was, and parade around the minor concessions he is going to get as a win, long before he pulls the trigger. This is a bluff, IMO.

Trump voters will then be brainwashed into thinking that the field goal was a 99 yard touchdown by the sympathetic state-owned media.

China for its part has come out and said that the targets of their sanctions will be the red states that voted for Trump. :lol
Brazil hurt just as bad. They buy off the Chicago board just like us. This is the time of year China switches to buying the South America crop.


I'm actually short quite a bit on beans. Limit down makes me more money than limit up.

[RandomGuy]

Brazil hurt just as bad. They buy off the Chicago board just like us. This is the time of year China switches to buying the South America crop.


I'm actually short quite a bit on beans. Limit down makes me more money than limit up.

Congrats. Lot of money to be made in volatility to be sure, good to see you are benefitting. (no sarcasm, meant sincerely)

[sickdsm]

Congrats. Lot of money to be made in volatility to be sure, good to see you are benefitting. (no sarcasm, meant sincerely)

Wasn't trying to justify my own position. Was just implying that it doesn't mean everyone benefits from high prices. China announced a big soybean order today. Was probably bought yesterday. Most likely they will cancel that order and rebuy. Very typical for them to do that with no repercussions. They don't play fair. Do you believe that everyone should be able to do that?

[RandomGuy]

Wasn't trying to justify my own position. Was just implying that it doesn't mean everyone benefits from high prices. China announced a big soybean order today. Was probably bought yesterday. Most likely they will cancel that order and rebuy. Very typical for them to do that with no repercussions. They don't play fair. Do you believe that everyone should be able to do that?

Cancel order and rebuy?

Sooner or later fewer will be willing to sell to them without a locked in price.

Markets have a way of punishing bad actors with negative feedback like that.

Don't really have enough information to meaningfully comment other than that.

Short term, based on your description: Sure. let them play unfair, see how that plays out.

Long-term: Address it somehow.

Not overly confident in that response, given lack of information though.

[RandomGuy]

Managed trade is a mistake, not a victory. It substitutes the power of political lobbies for market forces, favouring loud, well-organised producers over silent, disparate consumers and robbing economies of the nimbleness needed to adapt to changing technological conditions. Other countries will feel freer to follow America’s example, making a trade war a repeated risk rather than a one-off danger. Mr Trump’s approach threatens to leave everyone much worse off. Some deal.

https://www.economist.com/news/leaders/21739654-donald-trumps-trade-policy-economically-muddled-and-politically-toxic-even-if-america-wins

[sickdsm]

Cancel order and rebuy?

Sooner or later fewer will be willing to sell to them without a locked in price.

Markets have a way of punishing bad actors with negative feedback like that.

Don't really have enough information to meaningfully comment other than that.

Short term, based on your description: Sure. let them play unfair, see how that plays out.

Long-term: Address it somehow.

Not overly confident in that response, given lack of information though.

That's clearly a misinformed, jumping to conclusion, making up stuff post.


This isn't your supplier for dishrags at Walmart. This is China. You do realize they don't respect patents, right? I can buy a small engine, interchange parts with a Honda, and get it for pennies on the dollar. You REALLY are that clueless to assume that if China doesn't play fair we just stop dealing with them. There's so many examples of the BS. You said yourself, Longterm, address it somehow. Sounds like your for fixing the problem, you just want a D to be the one to do it?

The China situation is ALOT like N.Korea. Its a shitty deal but previous decades of presidents just keep kicking the can down the road. Eventually it has to be fixed, maintain the course can send you into an iceberg.

Also similar to the health care debacle. Will give Obama credit for attempting to do something, even though he made it worse. At least he tried.

[boutons_deux]

Also similar to the health care debacle. Will give Obama credit for attempting to do something, even though he made it worse. At least he tried.

Obama didn't "make it worse" for the Ms of people who got access to health care.

ACA took a year, had 100+ amendments from Repugs and lobbyists to weaken it, then Repugs refused to vote for it, then got oligarchy's SCOTUS to make Medicaid expansion optional. And Obama NEVER had a veto proof Senate

[sickdsm]

Obama didn't "make it worse" for the Ms of people who got access to health care.

ACA took a year, had 100+ amendments from Repugs and lobbyists to weaken it, then Repugs refused to vote for it, then got oligarchy's SCOTUS to make Medicaid expansion optional. And Obama NEVER had a veto proof Senate

What about the M's that got fucked on their healthcare? Paying over $1500 k/month for a young healthy family for garbage coverage? Fuck the self employed and their employees, amirite?

[RandomGuy]

[what's your opinion on this thing you have never heard of, here is my two sentence explanation]


[I don't know enough to render an informed opinion, here is a good faith attempt to offer an opinion based on your two sentence explanation]



That's clearly a misinformed, jumping to conclusion, making up stuff post.

:rolleyes

No shit, Sherlock. :tu

[RandomGuy]

bla bla bla problems bla bla bla iceberg Obama bad arglebargle.

... and that ends that brief interlude of 1/2way reasonable discussion. It was nice while it lasted.

[RandomGuy]

What about the M's that got fucked on their healthcare? Paying over $1500 k/month for a young healthy family for garbage coverage? Fuck the self employed and their employees, amirite?

What about the people who get no healthcare because of the way we ration it?

[Pavlov]

Problem is the stock market reacts to rumors and news as much as actual laws

It is alteady down 400 today as I predicted. I dont see it recovering that by end of the dayWhere is the Dow now?

[clambake]

Where is the Dow now?

lol

[spurraider21]

Where is the Dow now?
trump fixed it

[boutons_deux]

What about the M's that got fucked on their healthcare? Paying over $1500 k/month for a young healthy family for garbage coverage? Fuck the self employed and their employees, amirite?

garbage coverage, catastrophe policies were banned.

Some people got screwed, but not nearly as many as those who got unscrewed and got health care.

Like any large, complex program covering 10Ms of people like ACA, there will be anomalies, even screw jobs, but Repugs were thrilled that some people got screwed by ACA and blocked ALL attempts at remedies, amirite?

Programs like that need fixing, tinkering, improving, continuosly, just ask any other country with national health care system.

[boutons_deux]

Farmers and business groups warn trade war with China will wreck Trump country: ‘This has to stop’President Donald

Trump is scaring the agricultural and manufacturing sectors of the economy as the United States and China outline detailed plans for sweeping tariffs.

China’s threatened retaliation against last night’s U.S. tariff proposal is testing

both the patience and optimism of families who are facing the worst agricultural economy in 16 years.

This has to stop.”



Soybean farmers in Iowa worry about long-term damage from Trump’s trade war.

“Short term, the volley of proposed tariffs between the countries will negatively impact soybean prices,”

the Iowa Soybean Association said in a statement (https://www.iasoybeans.com/news/news-releases/iowa-soybean-association-statement-on-china-announcement-of-tariffs-on-u-s-soybeans).

“Long-term, an ongoing trade dispute with China risks stoking anti-Americanism sentiment that could

jeopardize the strength of trade relations between the two countries –

relationships that have taken U.S. soybean farmers nearly 35 years to develop.”

“We have already seen soybean futures down nearly 40 cents as of this morning,” says Minnesota Soybean CEO Tom Slunecka.

“That’s more than a billion dollars lost in value for our crop just this morning.

unilaterally imposing $50 billion of new tariffs without a long-term strategy that leads to economic reforms in China will only hurt America’s businesses, workers, and families.”

https://www.rawstory.com/2018/04/farmers-business-groups-warn-trade-war-china-will-wreck-trump-country-stop/

:lol hee fucking larious.

These rural and business types voted for Trash, now he's screwing them, costing them money and jobs.

[pgardn]

Ahhh who cares.
Crush a few farmers. Trump family does not farm. A guy loses his apple crop for a season or two, so what...
There is a bigger lesson. So let our tremendous exporting ability in crops take the hit, they can handle it. Amirite?

So everyone sleep tight. No biggy.

[sickdsm]

garbage coverage, catastrophe policies were banned.

Some people got screwed, but not nearly as many as those who got unscrewed and got health care.

Like any large, complex program covering 10Ms of people like ACA, there will be anomalies, even screw jobs, but Repugs were thrilled that some people got screwed by ACA and blocked ALL attempts at remedies, amirite?

Programs like that need fixing, tinkering, improving, continuosly, just ask any other country with national health care system.

Yet here I sit with a catastrophe coverage.


Bou eating that shit up with a side of ketchup.

[sickdsm]

What about the people who get no healthcare because of the way we ration it?

What about the ones that pay fo it through the nose because, what if we had cancer? Then doctor visits and prescriptions get to expensive so they rarely go?

[sickdsm]

:rolleyes

No shit, Sherlock. :tu

There's a difference between having a discussion where someone is not that well informed on the situation but conveys their point across and what you did. You don't just pat China on the nose like a dog and tell them to behave.

I used other examples like healthcare and NK because YOU freely admitted you didn't understand the situation.

[boutons_deux]

Yet here I sit with a catastrophe coverage.


Bou eating that shit up with a side of ketchup.

Bitch at the your Repugs. They have every intention of making ACA, and health coverage, much worse for 10Ms of people.

[sickdsm]

Bitch at the your Repugs. They have every intention of making ACA, and health coverage, much worse for 10Ms of people.

Unlike your bitchass I actually put my money where my mouth is. I have called all my congressman's offices and told them I will vote and incumbent out until this gets fixed (all three are republicans)

[boutons_deux]

Unlike your bitchass I actually put my money where my mouth is. I have called all my congressman's offices and told them I will vote and incumbent out until this gets fixed (all three are republicans)

silly fucker pissing into the wind, Repugs are going to BREAK health coverage even more for the individual market, NEVER fix it.

Your "mouthful of money" will have to be $10Ks in cash in contributions to each of the Repugs so they even recognize you exist, but they won't fix your problem.

[boutons_deux]

TX Trash fellators, for whom Trash is "man's kickass, pussy-grabbing Godly man", worried that he's screwing them, too

Texas cattle ranchers uneasy over proposed Chinese tariffs on beef

https://www.texastribune.org/2018/04/05/texas-cattle-ranchers-uneasy-over-proposed-chinese-tariffs-beef/

:lol

[RandomGuy]

What about the people who get no healthcare because of the way we ration it?


What about the ones that pay fo it through the nose because, what if we had cancer? Then doctor visits and prescriptions get to expensive so they rarely go?

What about the people who get no healthcare because of the way we ration it?

[boutons_deux]

Panic and backlash in Rural Trashland



https://www.dailykos.com/stories/2018/4/3/1754073/-Trump-tariff-backlash-causes-panic-in-rural-America-as-mega-jobs-losses-appear-on-the-horizon

[boutons_deux]

Trump flips farmers the bird as their 'worst fears' come true (https://www.dailykos.com/stories/2018/4/4/1754391/-Trump-flips-farmers-the-bird-as-their-worst-fears-come-true)

Illinois hog farmer Brian Duncan told (http://www.chicagotribune.com/business/ct-biz-china-tariffs-illinois-farmers-20180402-story.html) the Chicago Tribune (http://www.chicagotribune.com/business/ct-biz-china-tariffs-illinois-farmers-20180402-story.html):


“We were hoping it was just brinkmanship and cooler heads would prevail.

But instead, some of our worst fears seem to be coming true,” said Duncan, who’s also vice president of the Illinois Farm Bureau.

“This is significant, real and serious for rural America.”


That was before Wednesday, when China announced another round of retaliatory tariffs (https://www.washingtonpost.com/world/asia_pacific/china-fires-back-at-trump-with-tariffs-on-106-us-products-including-soybeans-cars/2018/04/04/338134f4-37d8-11e8-b57c-9445cc4dfa5e_story.html?utm_term=.b862f989ea4d) on more than 100 products worth $50 billion, including soybeans, cars, chemicals and airplanes.

Amid tumbling stocks and fretting farmers—a loyal Trump voting bloc—

the man who sits in the Oval Office demonstrated his trademark casual cluelessness for the concerns of anyone but himself.

"We are not in a trade war with China," he declared (https://twitter.com/realDonaldTrump/status/981492087328792577) on Twitter Wednesday morning. :lol

One out of every 3 soybeans grown in the U.S. is exported to China,

largely to feed a rapidly growing hog industry for a booming middle class in China, said Rincker, who’s also a board member of the Illinois Soybean Association.

That amounted to

more than $14 billion in soybean exports to China in 2016

, according to the American Soybean Association.

Illinois was the top soybean-producing state in 2017, with about $3 billion in exports, according to estimates from the Illinois Soybean Association. China is the largest export market for whole soybeans.

China targeted soybeans for a reason:

Eight of the biggest soybean exporting states voted for Trump in 2016,

https://www.dailykos.com/stories/2018/4/4/1754391/-Trump-flips-farmers-the-bird-as-their-worst-fears-come-true?detail=emaildkre

states voting for and still supporting Trash can eat Trash's shit! :lol

[boutons_deux]

probable side effect?

even more loss of Brazil's forests

as soybean farmers burn down forests (been a problem for years aleady) to grow soybeans (BR already a big producer) to fill the hole that Trash has dug.

[boutons_deux]

White House spokesperson assures farmers their 'little bit of short-term pain' will all be worth it (https://www.dailykos.com/stories/2018/4/4/1754447/-White-House-spokesperson-assures-farmers-their-little-bit-of-short-term-pain-will-all-be-worth-it)

https://images.dailykos.com/images/431352/story_image/GettyImages-823202778.jpg?1501623860

https://www.dailykos.com/stories/2018/4/4/1754447/-White-House-spokesperson-assures-farmers-their-little-bit-of-short-term-pain-will-all-be-worth-it (https://www.dailykos.com/stories/2018/4/4/1754447/-White-House-spokesperson-assures-farmers-their-little-bit-of-short-term-pain-will-all-be-worth-it)

[SpursforSix]

probable side effect?

even more loss of Brazil's forests

as soybean farmers burn down forests (been a problem for years aleady) to grow soybeans (BR already a big producer) to fill the hole that Trash has dug.

Soybean plants create 1235% more oxygen than rain forests.

[boutons_deux]

Soybean plants create 1235% more oxygen than rain forests.

:lol yes, gmo soybeans, 100s tons of x-icide, sterilized soil, polluted air and water are great for the planet.

Loss of forest is loss of habitat for 1000s of animals and plants, and even for some primitive human tribes.

[RandomGuy]

Soybean plants create 1235% more oxygen than rain forests.

How much CO2 is produced in making fertilizer, pesticides, harvesting and shipping of soybeans?

[RandomGuy]

Where is the Dow now?

In another headline induced plunge.

The market absorbed new of the first two rounds. A third round is now threatened that is larger than the two other threatened rounds. Beijing will absolutely not back down, and the tariff threats are playing very well with domestic Chinese audiences, who want their government to stand up to the US.

Trump threatens tariffs on $100 billion more China goods; Beijing ready to strike back
https://www.yahoo.com/news/china-says-fight-back-cost-against-u-trade-063945463--finance.html

It is bluster and a negotiating tack. The Chinese know this as well.

Trump will get some token concessions, so that he can give people like TSA and Chris talking points, and will play it up as a big win.

Pointless of course, because threats will not have been necessary to win minor concessions. Again, it plays well with the brainwashed Trumpist cult.

[SpursforSix]

How much CO2 is produced in making fertilizer, pesticides, harvesting and shipping of soybeans?

a million kilowatts

[RandomGuy]

How much CO2 is produced in making fertilizer, pesticides, harvesting and shipping of soybeans?


a million kilowatts

So you aren't serious. Understood.

[Chris]

982214297160839173

[Trill Clinton]

Stock market dropping faster than stormy Daniels panties

[Chris]

Ebb and flow. Trump has a tremendous net gain over the long haul.

[Reck]

982214297160839173

Check your stocks and jobs report, Chris. :lmao

[sickdsm]

How much CO2 is produced in making fertilizer, pesticides, harvesting and shipping of soybeans?



So you aren't serious. Understood.

Doesn't sound like you are either. How exactly are you comparing a primary source of protein to a forest?

[Chris]

what ? :lol this statement is probably worst than 2/90 = 14% tbh

holy shit you are a massive imbecile

China is absolutely dependent on its trade with the United States. They sell us 400 billion dollars worth of imports every year. We get to sell about 50 billion to them.

You are a massive imbecile and totally out of your league. Have a nice day.

[koriwhat]

i'd love it if the USA banned all of China's imports. fuck China and their cheap ass retarded products.

[Chris]

i'd love it if the USA banned all of China's imports. fuck China and their cheap ass retarded products.

Wal-Mart would fall apart.

[koriwhat]

Wal-Mart would fall apart.

that would be rad!

[Chris]

that would be rad!

I'm an H-E-B guy, I wouldn't mind.

[Pavlov]

You guys boycotting China now?

lol

[Chris]

You guys boycotting China now?

lol

Buy American, Hire American.

[Pavlov]

Buy American, Hire American.So you aren't going to post here anymore?

[Chris]

So you aren't going to post here anymore?

Damn you went full retard.

[Pavlov]

Damn you went full retard.
Where was your phone made?

[koriwhat]

You guys boycotting China now?

lol

not necessarily... just praying for the day when that communist pos country is outright banned from doing business here.

[Pavlov]

not necessarily... just praying for the day when that communist pos country is outright banned from doing business here.Where was your phone made?

[koriwhat]

Where was your phone made?

wgaf what my phone is made of pav? when the day comes that china is totally banned from doing business here in the USA that'll be a grand day but until then...

you're such an annoying motherfucker to deal with.

[Pavlov]

wgaf what my phone is made of pav?I didn't ask you what it is made of.

I asked you where it was made.

[koriwhat]

I didn't ask you what it is made of.

I asked you where it was made.

wgaf where it's made either? the end result is what i am after.... we get your stance, "fuck america", right?

[Pavlov]

wgaf where it's made either?You are saying you care where it is made.

[koriwhat]

You are saying you care where it is made.

what i care about is more so the fact that we sold our tech off and it's used against us in numerous different avenues whether it's electronics, nuclear, etc...

san antonio was more techy in the 70's/80's but you'd never know that... internet, face time, etc was here in satx back then but you'd claim i'm a liar for saying so. my electronic engineer of a grandfather could convince you too if he were still around. he opened my eyes up to a bunch of stuff he worked on back when he was in the field and here in satx. datapoint dr isn't just a street name; it's a dead american dream unfortunately.

[Pavlov]

what i care about is more so the fact that we sold our tech off and it's used against us in numerous different avenues whether it's electronics, nuclear, etc...

san antonio was more techy in the 70's/80's but you'd never know that... internet, face time, etc was here in satx back then but you'd claim i'm a liar for saying so. my electronic engineer of a grandfather could convince you too if he were still around. he opened my eyes up to a bunch of stuff he worked on back when he was in the field and here in satx. datapoint dr isn't just a street name; it's a dead american dream unfortunately.:lol I lived in SA in the 80s.

The tech is in Austin.

[koriwhat]

:lol I lived in SA in the 80s.

The tech is in Austin.

it was most def in satx but keep on being a dipshit pav because i wouldn't expect less of you.

[Pavlov]

it was most def in satx but keep on being a dipshit pav because i wouldn't expect less of you.There was some but it was always too much of a backwater for it to develop any more than it did. It might be more of a perception than reality but that's the way it goes.

[koriwhat]

There was some but it was always too much of a backwater for it to develop any more than it did. It might be more of a perception than reality but that's the way it goes.

So I actually got a first hand account by an actual engineer working during that time period here in satx that just happened to be my grandfather but yeah I'll take your word for it... I doubt anyone has ever taken your word on anything loser.

[Brazil]

China is absolutely dependent on its trade with the United States. They sell us 400 billion dollars worth of imports every year. We get to sell about 50 billion to them.

You are a massive imbecile and totally out of your league. Have a nice day.

You are a massive idiot, don’t get me started with your 14%.. then in terms of leverage between both countries you have absolutely no clue..

to make it short, first off you are poorly eductated with a poor ass salary, you are also a shitty human being who gives 0 shit about ethics and the planet you live in, finally you are an even worst Christian who sits on his Christian value when it is convenient.

:lol out of your league, I’d love to know your education and job tbh.. let me guess Ivy League ? :lmao 14%

[Pavlov]

So I actually got a first hand account by an actual engineer working during that time period here in satx that just happened to be my grandfather but yeah I'll take your word for it... I doubt anyone has ever taken your word on anything loser.The tech is up here.

You don't have to take my word for it. Get out of your bubble and have someone drive you up here.

San Antonio is perceived to be a backwater and that keeps it a backwater.

You don't have to take my word for it. Look at what happened to the AT&T headquarters and the Amazon HQ2 competition.

[Chris]

You are a massive idiot, don’t get me started with your 14%.. then in terms of leverage between both countries you have absolutely no clue.

You know nothing about leverage and even less about US-China relations. You don't know much of anything I'd wager. Maybe someday you can get out of that shithole called Brazil and educate yourself. Until then I will continue to shit on you toilet boy.

[Pavlov]

You know nothing about leverage and even less about US-China relations. You don't know much of anything I'd wager. Maybe someday you can get out of that shithole called Brazil and educate yourself. Until then I will continue to shit on you toilet boy.OK, tell us all about leverage and US-China relations.

[Chris]

OK, tell us all about leverage and US-China relations.

I already did. Try to keep up please.

[Pavlov]

I already did. Try to keep up please.Your white flag. Thank you.

[koriwhat]

The tech is up here.

You don't have to take my word for it. Get out of your bubble and have someone drive you up here.

San Antonio is perceived to be a backwater and that keeps it a backwater.

You don't have to take my word for it. Look at what happened to the AT&T headquarters and the Amazon HQ2 competition.

so because your reading comprehension skills are so poor i am to listen to you all of a sudden? hey fuck face, no one is disputing that ATX is techville in TX these days and has been for some time. last time i checked i was speaking of the 70's and 80's you fucking dipshit knowitall.

ps: i fucking hate ATX and most of the people that reside there. fuck that city.

[Brazil]

You know nothing about leverage and even less about US-China relations. You don't know much of anything I'd wager. Maybe someday you can get out of that shithole called Brazil and educate yourself. Until then I will continue to shit on you toilet boy.

:lmao... white trash red neck American clown... what is your weight tbh .?

[Pavlov]

so because your reading comprehension skills are so poor i am to listen to you all of a sudden? hey fuck face, no one is disputing that ATX is techville in TX these days and has been for some time. last time i checked i was speaking of the 70's and 80's you fucking dipshit knowitall.

ps: i fucking hate ATX and most of the people that reside there. fuck that city.


what i care about is more so the fact that we sold our tech off and it's used against us in numerous different avenues whether it's electronics, nuclear, etc...

san antonio was more techy in the 70's/80's but you'd never know that... internet, face time, etc was here in satx back then but you'd claim i'm a liar for saying so. my electronic engineer of a grandfather could convince you too if he were still around. he opened my eyes up to a bunch of stuff he worked on back when he was in the field and here in satx. datapoint dr isn't just a street name; it's a dead american dream unfortunately.Alive and well.

In Austin.

San Antonio's a backwater.

[koriwhat]

Alive and well.

In Austin.

San Antonio's a backwater.

typical response from a spineless hack as yourself pav.

you lost the argument dipshit. you're a fucking loser trying so hard to be cool on the internet and all the while you never acknowledge how wrong you are on multiple occasions here. go crawl back in your hole and keep your mouth fucking shut.

[Pavlov]

typical response from a spineless hack as yourself pav.

you lost the argument dipshit. you're a fucking loser trying so hard to be cool on the internet and all the while you never acknowledge how wrong you are on multiple occasions here. go crawl back in your hole and keep your mouth fucking shut.What argument?

What are you actually arguing?

Tech moved out of SA because of its perception as a backwater. Tech doesn't move to SA because of its perception as a backwater. It's a self-fulfilling prophecy and stupid on more than a few levels, but that's what happened.

Are you saying it didn't happen that way?

[koriwhat]

What argument?

What are you actually arguing?

Tech moved out of SA because of its perception as a backwater. Tech doesn't move to SA because of its perception as a backwater. It's a self-fulfilling prophecy and stupid on more than a few levels, but that's what happened.

Are you saying it didn't happen that way?

this is why i feel you're a waste of time to deal with. you're a bitch man. plain and simple. go play your games with other people man. i'd have no problem discussing shit with you but you love playing games and idgaf about games.

actually no, the company moved back north. like way near the border of Canada and not ATX. ATX wasn't shit til shit DELL moved in back in the 90's.

why do i even try discussing anything with you anyhow...

[Pavlov]

this is why i feel you're a waste of time to deal with. you're a bitch man. plain and simple. go play your games with other people man. i'd have no problem discussing shit with you but you love playing games and idgaf about games.

actually no, the company moved back north. like way near the border of Canada and not ATX. ATX wasn't shit til shit DELL moved in back in the 90's.

why do i even try discussing anything with you anyhow...I didn't say every company moved to Austin.

I'm saying where your "American dream" is alive and well.

Whatever company you're ranting about probably moved out of SA for the same reasons AT&T did.

[koriwhat]

I didn't say every company moved to Austin.

I'm saying where your "American dream" is alive and well.

Whatever company you're ranting about probably moved out of SA for the same reasons AT&T did.

was AT&T pressured to hire more minorities? SATX has a way of staying the status quo... SATX is always on the verge of big things but reality is totally different except for those like myself that have been here forever. as much as things change here they really just stay the same with more highways, more construction, more people, no innovation and even less excitement.

[Pavlov]

was AT&T pressured to hire more minorities?Is that the story you're going with?

:lol pressure

What company are you talking about.

[koriwhat]

Is that the story you're going with?

:lol pressure

What company are you talking about.

at the moment i can't remember their name... i tried all yesterday to remember as well and i heard them stories numerous times over but can't remember. if i do remember i will post the name. i believe the company name started with a D but i might be wrong and just associating it with the street it was on which was datapoint. it's bugging the hell out of me that i can't remember the name.

my grandfather worked at Burrows back in the day too on room sized mainframes but i think that was in another state. pretty rad photos he showed me as well as stories. Said Burrows taught him a ton, Compaq sucked and was horribly mismanaged, but that place here in SATX was so innovative it made him do double takes daily.

[Chris]

983284198046826496

[RandomGuy]

You know nothing about leverage and even less about US-China relations. You don't know much of anything I'd wager. Maybe someday you can get out of that shithole called Brazil and educate yourself. Until then I will continue to shit on you toilet boy.

You know nothing about leverage and even less about US-China relations. You don't know much of anything I'd wager. Maybe someday you can get out of that shithole called the Republican party and educate yourself. Until then I will continue to shit on you toilet boy.

[RandomGuy]

983284198046826496

It takes a special kind of stupid to have to have Donald "no nothing" Trump explain something to you.

Too bad he is a bigger idiot than you are.

Who is the bigger fool, the fool or the fool who follows him?

[boutons_deux]

San Antonio main products

Medical $25B

Military/civil service $25B

Light manufacturing $25B

https://fred.stlouisfed.org/series/NGMP41700

https://fred.stlouisfed.org/series/NGMP12420

[Chris]

You know nothing about leverage and even less about US-China relations. You don't know much of anything I'd wager. Maybe someday you can get out of that shithole called the Republican party and educate yourself. Until then I will continue to shit on you toilet boy.

lmemulatedao!!!

[Chris]

It takes a special kind of stupid to have to have Donald "no nothing" Trump explain something to you.

Too bad he is a bigger idiot than you are.

Who is the bigger fool, the fool or the fool who follows him?


You've assumed the role of village idiot with boots ever since Trump mopped the floor with her ass.

[RandomGuy]

He is your president too.

Trumps proposed tariffs exclude clothes and shoes.

What does his daughter do for a living again?

[Chris]

Trump


983533376421285888

[CosmicCowboy]

Trumps proposed tariffs exclude clothes and shoes.

What does his daughter do for a living again?
What does everyone buy? Walmart stiff. You are blinded by your ridiculous conspiracy shit.

[Mitch]

:lol

[RandomGuy]

Trumps proposed tariffs exclude clothes and shoes.

What does his daughter do for a living again?


What does everyone buy? Walmart stiff. You are blinded by your ridiculous conspiracy shit.

Should I make the point that part of the problem with conflicts of interest is that they invite these sorts of observations, whether true or not?

That is why companies work so hard to avoid them.

I guess corruption is something you have to be cool with to be a good Republican these days, amiright?

[RandomGuy]

Trump


983533376421285888

Only you would find it surprising that stocks go up after good news. :lol

This just in:
"Stocks go down on bad news, and up on good news, more at 11".

[RandomGuy]

What does everyone buy? Walmart stiff. You are blinded by your ridiculous conspiracy shit.

Trump’s company is now threatening the president of Panama


The Trump Organization demanded that he intervene in a private business dispute — or pay the consequences.

https://www.vox.com/world/2018/4/9/17216636/trump-hotel-panama-president-organization-conflict-interest


I'm sure the clothes/shoes exemption was totally a coincidence. :rolleyes

[spurraider21]

Only you would find it surprising that stocks go up after good news. :lol

This just in:
"Stocks go down on bad news, and up on good news, more at 11".
i dont think he's surprised by that. his point is the success of the policy

[RandomGuy]

i dont think he's surprised by that. his point is the success of the policy

True. not "surprised" so much as cherry picking.

[Chris]

i dont think he's surprised by that. his point is the success of the policy

Thank you.

[spurraider21]

Thank you.
:tu

i calls em like i sees em

[RandomGuy]

What does everyone buy? Walmart stiff. You are blinded by your ridiculous conspiracy shit.

So after years of financial problems... a meeting at the White House over, say exchanging recipes I'm sure, and all sorts of loans start appearing for Kushner.

And somebody found the cash for a payment to buy his building back.

I wonder where that money came from:



Guess Jared Kushner Found $89 Million In His Couch Cushions To Buy Back His Devil Building! Huh!


Jared Kushner has got some ‘splainin’ to do! His family is all the way underwater on their 666 devil building in Manhattan, with income only covering half of its annual payments, and an ugly $1.4 BILLION payment looming next year. American firms wouldn’t touch the deal, so the Kushners hit up Chinese and Qatari lenders and even sanctioned Russian state banks (allegedly) in a desperate bid to refinance their loan. Things were looking pretty bleak and then HOSANNA, SOMEHOW the Kush Klan is in negotiations to buy out its business partner in the building, Vornado, for up to $89 mill! Where did the money come from? NOBODY KNOWS AND WE HAVE QUESTIONS. And so does Robert Mueller, we’re guessing.
Read more at https://wonkette.com/632453/guess-jared-kushner-found-89-million-in-his-couch-cushions-to-buy-back-his-devil-building-huh#VaKFcodV6SRa0xpD.99



April 2017: Hey, Qatar! Got a Spare Billion?

[Qatar says that Kushner can't have a loan]

June 2017: Oh, Qatar’s Being Blockaded? That’s a Shame!

Sure that is a coincidence too, right?

[boutons_deux]

Trump Proposes Rejoining Trans-Pacific Partnership

https://www.nytimes.com/2018/04/12/us/politics/trump-trans-pacific-partnership.html?partner=rss&emc=rss

:lol what a stupid mofo.

[RandomGuy]

He is your president too.

https://static01.nyt.com/images/2018/04/12/world/12myanmar-1/merlin_136683786_baf6da94-be71-4933-a54f-9c7cdff7887b-master768.jpg

https://static01.nyt.com/images/2018/04/12/world/12myanmar-2/merlin_136684287_4d6985d4-184c-471a-ab82-940434a5774f-master675.jpg

This is what it looks like when leaders decide to arrest journalists for publishing "state secrets" about government massacres.

http://observer.ug/images/Sadati-Waligo.jpg

This is what it looks like when a journalist is arrested for "libel" of a president.

Our president Trump has declared war on the media, like some fucking third world dictator, and this is what it looks like if he were to get his way based on his statements.

Take a good long look.

keep bitching about "biased media" and you become complicit. You are responsible. Deal with it.

[koriwhat]

https://static01.nyt.com/images/2018/04/12/world/12myanmar-1/merlin_136683786_baf6da94-be71-4933-a54f-9c7cdff7887b-master768.jpg

https://static01.nyt.com/images/2018/04/12/world/12myanmar-2/merlin_136684287_4d6985d4-184c-471a-ab82-940434a5774f-master675.jpg

This is what it looks like when leaders decide to arrest journalists for publishing "state secrets" about government massacres.

http://observer.ug/images/Sadati-Waligo.jpg

This is what it looks like when a journalist is arrested for "libel" of a president.

Our president Trump has declared war on the media, like some fucking third world dictator, and this is what it looks like if he were to get his way based on his statements.

Take a good long look.

keep bitching about "biased media" and you become complicit. You are responsible. Deal with it.

maybe if MSM reported facts there'd be no need to call them out, right? fuck MSM and everyone involved in those networks. it'll be a great day when those networks cease to exist and cia plants like cooper are left in the gutter.

[RandomGuy]

maybe if MSM reported facts there'd be no need to call them out, right? fuck MSM and everyone involved in those networks. it'll be a great day when those networks cease to exist and cia plants like cooper are left in the gutter.

There you go CosmicCowboy.

Here is where it leads, and he made my point for me, too dumb to even know that he had, like so many others.

This is your Trump party at its most basic. Your allies in conservatism.

Take a long look.

[Pavlov]

maybe if MSM reported facts there'd be no need to call them out, right? fuck MSM and everyone involved in those networks. it'll be a great day when those networks cease to exist and cia plants like cooper are left in the gutter.CIA plant?

Oh, do tell!

I want to know your source for your Anderson Cooper is a CIA plant story.

[koriwhat]

There you go CosmicCowboy.

Here is where it leads, and he made my point for me, too dumb to even know that he had, like so many others.

This is your Trump party at its most basic. Your allies in conservatism.

Take a long look.

the lumping anyone who isn't a cult member of the left into a trump supporter is hilarious. take a good look at MSM and tell me what good they actually provide. they're all hacks and they're all being exposed daily.

[Pavlov]

the lumping anyone who isn't a cult member of the left into a trump supporter is hilarious. take a good look at MSM and tell me what good they actually provide. they're all hacks and they're all being exposed daily.But, you do support Trump.

Let us know what media you got the Anderson Cooper CIA plant from.

[sickdsm]

https://static01.nyt.com/images/2018/04/12/world/12myanmar-1/merlin_136683786_baf6da94-be71-4933-a54f-9c7cdff7887b-master768.jpg

https://static01.nyt.com/images/2018/04/12/world/12myanmar-2/merlin_136684287_4d6985d4-184c-471a-ab82-940434a5774f-master675.jpg

This is what it looks like when leaders decide to arrest journalists for publishing "state secrets" about government massacres.

http://observer.ug/images/Sadati-Waligo.jpg

This is what it looks like when a journalist is arrested for "libel" of a president.

Our president Trump has declared war on the media, like some fucking third world dictator, and this is what it looks like if he were to get his way based on his statements.

Take a good long look.

keep bitching about "biased media" and you become complicit. You are responsible. Deal with it.
Seems like a perfect reason to have a well armed population to make sure that crap doesn't happen here, amirite?

[boutons_deux]

Seems like a perfect reason to have a well armed population to make sure that crap doesn't happen here, amirite?

the militarized police state, eg remember Ferguson, will crush you gun fellators like cockroaches

[sickdsm]

the militarized police state, eg remember Ferguson, will crush you gun fellators like cockroaches
Militarized police state. Say that again. Real slow. Then say President Trump. Militarized police state. President Trump.


Someone is going to see those pictures and read these words and buy a few guys based on that alone.....

[RandomGuy]

Seems like a perfect reason to have a well armed population to make sure that crap doesn't happen here, amirite?

Seems like a reason to elect people who have a dedication to the rule of law and human rights. I would think that would be vastly more effective than some violent fantasy.

[sickdsm]

And that's the way you ensure that.........

[sickdsm]

Seems like a reason to elect people who have a dedication to the rule of law and human rights. I would think that would be vastly more effective than some violent fantasy.

It's not a fantasy. I don't ever think about pointing a gun at someone. Most others don't either. Quite the contrary. A guy with a body guard doesn't dream of beating up people. It's the opposite. Few will want to start anything with him.

The threat of a conflict, whether it's a full fledged war or a guy in the backyard pulling a gun on a cop is a bigger intimidator than the actual event.


I literally have only used any of my guns like twice in the last six months. Probably about 6 shots. But ST will keep insisting that I'm a gun nut, radical right wing terrorist or whatever the buzz word is because I believe that is a huge reason the United States of America is as free as it is today.

[RandomGuy]

the lumping anyone who isn't a cult member of the left into a trump supporter is hilarious. take a good look at MSM and tell me what good they actually provide. they're all hacks and they're all being exposed daily.

(shrugs)

I have little doubt you would happily have been a concentration camp guard. Studied enough german history to know the type. Bluster, cowardly, and eager to blame others for problems, and dehumanize them.

That you so happily seemed to approve of journalists getting arrested at the drop of a hat when the media is mentioned, is testimony to the damage that the Trump party has done to democracy in this country.

[RandomGuy]

It's not a fantasy. I don't ever think about pointing a gun at someone. Most others don't either. Quite the contrary. A guy with a body guard doesn't dream of beating up people. It's the opposite. Few will want to start anything with him.

The threat of a conflict, whether it's a full fledged war or a guy in the backyard pulling a gun on a cop is a bigger intimidator than the actual event.

I literally have only used any of my guns like twice in the last six months. Probably about 6 shots. But ST will keep insisting that I'm a gun nut, radical right wing terrorist or whatever the buzz word is because I believe that is a huge reason the United States of America is as free as it is today.

You may have the delusion that those guns deter elected politicians more than votes against them. I certainly will not attempt to dissuade you of it.

It is a delusion, IMO.

Free speech and active, informed voters matter more than all the guns on the planet.

[Spurminator]

It's not a fantasy. I don't ever think about pointing a gun at someone. Most others don't either. Quite the contrary. A guy with a body guard doesn't dream of beating up people. It's the opposite. Few will want to start anything with him.

The threat of a conflict, whether it's a full fledged war or a guy in the backyard pulling a gun on a cop is a bigger intimidator than the actual event.

I literally have only used any of my guns like twice in the last six months. Probably about 6 shots. But ST will keep insisting that I'm a gun nut, radical right wing terrorist or whatever the buzz word is because I believe that is a huge reason the United States of America is as free as it is today.

Yeah but you did suggest a well armed populace would prevent tyranny. I think that's the fantasy he's referring to.

[FuzzyLumpkins]

Seems like a perfect reason to have a well armed population to make sure that crap doesn't happen here, amirite?

Malaysia has a 110,000 man army with modern tanks, howitzers, destroyers, submarines, and aircraft. Those people would be foolish to say the least to go for revolution.

And you think it would work in the US against a military several orders larger and more advanced?

The only way that regime change happens in even moderately developed states is through a coup. Your notion of militias being able to take on the heavily militarized police much less the armed forces is straight up ideological delusion. You eat the NRA propaganda hard.

[RandomGuy]

Malaysia has a 110,000 man army with modern tanks, howitzers, destroyers, submarines, and aircraft. Those people would be foolish to say the least to go for revolution.

And you think it would work in the US against a military several orders larger and more advanced?

The only way that regime change happens in even moderately developed states is through a coup. Your notion of militias being able to take on the heavily militarized police much less the armed forces is straight up ideological delusion. You eat the NRA propaganda hard.

The thing about that propaganda is that it is industry propaganda.

Who benefits MOST financially from the belief that freedoms are guaranteed by firearms?

Follow the money.

Who benefits the most from " the solution to gun violence is to have everybody armed"?

Follow the money.

The solution to lung cancer is not more cigarettes, no matter how many ads the tobacco companies run.

[cantthinkofanything]

The solution to lung cancer is not more cigarettes, no matter how many ads the tobacco companies run.

Lol. Because it's the same thing.

[RandomGuy]

Lol. Because it's the same thing.

Who benefits MOST financially from the belief that freedoms are guaranteed by firearms?

[sickdsm]

Malaysia has a 110,000 man army with modern tanks, howitzers, destroyers, submarines, and aircraft. Those people would be foolish to say the least to go for revolution.

And you think it would work in the US against a military several orders larger and more advanced?

The only way that regime change happens in even moderately developed states is through a coup. Your notion of militias being able to take on the heavily militarized police much less the armed forces is straight up ideological delusion. You eat the NRA propaganda hard.
So your theory is they would bring the full military might, house to house? Someone might say fuck the police and it's a reality that bombers are going to swoop my house? C'mon now. Just like a protest, the govt needs to keep on the side of the people.


This seems to be the liberal side of the fetish. A tank and a submarine are NOT going house to house. It would lead to an uprising. You know, because the people would be armed individually and there's always the threat of that...............

[cantthinkofanything]

Who benefits MOST financially from the belief that freedoms are guaranteed by firearms?

Darius Rucker?

[FuzzyLumpkins]

So your theory is they would bring the full military might, house to house? Someone might say fuck the police and it's a reality that bombers are going to swoop my house? C'mon now. Just like a protest, the govt needs to keep on the side of the people.


This seems to be the liberal side of the fetish. A tank and a submarine are NOT going house to house. It would lead to an uprising. You know, because the people would be armed individually and there's always the threat of that...............

Your militias and sovereign citizen types wouldn't get past the police force at the local and state level much less the feds and military.

I guess you weren't around in the 90s when all the militia were hunted down. Your guerilla fantasies are delusion disproven by history the world over. You declare war against the US claiming tyranny and use violence to further your political goals you get labeled a terrorist and you will be hunted down, incarcerated at best, or killed.

[FuzzyLumpkins]

The thing about that propaganda is that it is industry propaganda.

Who benefits MOST financially from the belief that freedoms are guaranteed by firearms?

Follow the money.

Who benefits the most from " the solution to gun violence is to have everybody armed"?

Follow the money.

The solution to lung cancer is not more cigarettes, no matter how many ads the tobacco companies run.

Sure every tenant of the NRA sycophants all boil down to "buy more guns and ammo."

[boutons_deux]

China finds U.S. sorghum damaging domestic industry

BEIJING, April 17 (Reuters) - China will require CHS Inc and other U.S. companies to put down a big deposit for sorghum shipments to the country after finding the U.S. grain has damaged the domestic industry, Beijing said on Tuesday in a preliminary antidumping ruling.

The move follows a launch of an anti-dumping investigation just over two months ago and will likely stir trade tensions between the world’s top two economies.

The deposit will be as high as 178.6 percent of the value of any U.S. sorghum imports by China and is effective from Wednesday, the Ministry of Commerce said in a statement as it continues its investigation.

The government found the domestic industry was “substantially damaged” by U.S. imports that are being dumped into the country, it said

https://www.reuters.com/article/usa-trade-china-sorghum/china-finds-u-s-sorghum-damaging-domestic-industry-idUSNB9N1HR00

Trash's rural base and BigAg are thrilled.

[boutons_deux]

LATEST US SANCTIONS SEND RIPPLES FAR BEYOND RUSSIA

Blanket sanctions against billionaire Oleg Deripaska’s aluminum empire look set to have an impact across the global commodity market,

while restrictions on major figures in Russia’s energy and industrial sectors could also create widespread complications for Western partners.

Friday’s salvo against 24 Russians and 14 companies bans U.S. citizens from doing business with them.

But it also for the first time extends that restriction to non-Americans who “knowingly facilitate significant transactions …

for or on behalf of [them],”

a proviso that means the sanctions’ impact on global trade will likely be deeper than previous curbs.

It could make banks and commodity houses wary of conducting any U.S. dollar–denominated transactions with those linked to sanctioned entities, lawyers say,

creating ripples across the wider commodity industry (https://www.ozy.com/fast-forward/bigger-than-google/6616) in which Russia plays an oversize role.

https://www.ozy.com/fast-forward/latest-us-sanctions-send-ripples-far-beyond-russia/86157?utm_source=dd&utm_medium=email&utm_campaign=04172018&variable=992d608214b505003aa04bf10a595031

[boutons_deux]

https://scontent-dfw5-1.xx.fbcdn.net/v/t1.0-9/29793809_403972066741908_5282739744638238720_n.jpg ?_nc_cat=0&_nc_eui2=v1%3AAeG1hSCX998sOq3zJQkXvJWATD2Yj-ot5eciCQKd3PupfYIjFF1DGlhxkDOYwYaKG6cgzE-3ASRGT1iwORPMmxX_KenOq76yXWgvYeW5O-xtvg&oh=cb28d075cbf78e428a6c393402ba1646&oe=5B5FCB1F

[koriwhat]

(shrugs)

I have little doubt you would happily have been a concentration camp guard. Studied enough german history to know the type. Bluster, cowardly, and eager to blame others for problems, and dehumanize them.

That you so happily seemed to approve of journalists getting arrested at the drop of a hat when the media is mentioned, is testimony to the damage that the Trump party has done to democracy in this country.

the whole nazi boogeyman is really played out already. shit's hilarious though. the goto for the left because the left is chickenshit.

[spurraider21]

the whole nazi boogeyman is really played out already. shit's hilarious though. the goto for the left because the left is chickenshit.
says the guy who whines about george soros the jewish nazi

[koriwhat]

says the guy who whines about george soros the jewish nazi

well he is... i've never whined about the dickhead soros but merely pointed out the obvious. you on the other hand advocate and prop up soros. good luck with that.

[koriwhat]

says the guy who whines about george soros the jewish nazi

btw, captain save-a-ho... how's it like being the bitch you are and always coming to the rescue of others here when you weren't part of the conversation to begin with? you're a bitch boy indeed.

[spurraider21]

btw, captain save-a-ho... how's it like being the bitch you are and always coming to the rescue of others here when you weren't part of the conversation to begin with? you're a bitch boy indeed.
at least i didnt think it would be awesome if kids were raped just because i hate hillary clinton

[koriwhat]

at least i didnt think it would be awesome if kids were raped just because i hate hillary clinton

the shit you make up in your head that you think will make you look cool here is hilarious. you're a bitch and a fool all wrapped up in one. keep it moving bitch boy.

[boutons_deux]

Exclusive: U.S. sorghum armada U-turns at sea after China tariffs


Several ships carrying cargoes of sorghum from the United States to China have changed course since Beijing slapped hefty anti-dumping deposits on U.S. imports of the grain, trade sources and a Reuters analysis of export and shipping data showed.

The supply-chain pain felt by sorghum suppliers on the Pacific, Atlantic and Indian oceans underscores how quickly the mounting trade tensions between the U.S. and China can impact the global agricultural sector, which has been reeling from low commodity prices amid a global grains glut.

Twenty ships carrying over 1.2 million tonnes of U.S. sorghum are on the water, according to export inspections data from the USDA’s Federal Grain Inspection Service.

Of the armada, valued at more than $216 million, at least

five changed course within hours of China’s announcing tariffs on U.S. sorghum imports on Tuesday,

https://www.reuters.com/article/us-usa-trade-china-sorghum-exclusive/exclusive-u-s-sorghum-armada-u-turns-at-sea-after-china-tariffs-idUSKBN1HR03Z?feedType=RSS&feedName=topNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FtopNews+%28News+%2F +US+%2F+Top+News%29

[RandomGuy]

Exclusive: U.S. sorghum armada U-turns at sea after China tariffs


Several ships carrying cargoes of sorghum from the United States to China have changed course since Beijing slapped hefty anti-dumping deposits on U.S. imports of the grain, trade sources and a Reuters analysis of export and shipping data showed.

The supply-chain pain felt by sorghum suppliers on the Pacific, Atlantic and Indian oceans underscores how quickly the mounting trade tensions between the U.S. and China can impact the global agricultural sector, which has been reeling from low commodity prices amid a global grains glut.

Twenty ships carrying over 1.2 million tonnes of U.S. sorghum are on the water, according to export inspections data from the USDA’s Federal Grain Inspection Service.

Of the armada, valued at more than $216 million, at least

five changed course within hours of China’s announcing tariffs on U.S. sorghum imports on Tuesday,

https://www.reuters.com/article/us-usa-trade-china-sorghum-exclusive/exclusive-u-s-sorghum-armada-u-turns-at-sea-after-china-tariffs-idUSKBN1HR03Z?feedType=RSS&feedName=topNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FtopNews+%28News+%2F +US+%2F+Top+News%29

Sorghum is a "shot across the bow" crop. Doesn't appear as widely traded.

Little doubt that prices will drop a LOT, and already likely have.

http://ns2.vm413.sgvps.net/sites/default/files/styles/colorbox-maxwidth-800/public/basic-page/feature_image/sorghumproduction2010_lg.jpg

Sucks to be Kansas.

[sickdsm]

Sorghum was an end around for China to import feed. Everytime they want to to drive prices down they would announce a new regulation or tariff. I can't remember when but China put a huge tariff on DDG'S. Those are the protein rich by product of ethanol. Sorgum was not included in that so that became a very desirable niche product for China. Part of that expired last fall. Sorgum is very similar to corn. Imagine a more drought tolerant, less yielding version of corn.

The tariff China put on DDGs was in the Obama administration era. This was not part of the last few months. This ticky tack bullshit has been goin on for a long time. General US population just noticing it now though.

[boutons_deux]

Trash's fascistic war the press aided by his tariff war on free trade

Newsprint Tariffs Will Cost Major Chains Tens Of Millions Of Dollars

The Tampa Bay Times laid off 50 people last week.

Management blamed the action on tariffs levied against newsprint imported from Canada to the U.S. That bump in prices will cost Tampa $3 million a year.

Major newspaper chains face expenses that will be much higher, although these expenses are weighed against larger revenue

Several large newspaper chains will face the largest increases in newsprint prices in absolute dollars.

These are Gannett (NYSE: GCI), tronc (NASDAQ: TRNC), hedge fund owned Digital First Media, which just laid off dozens of people in Denver and on the West Coast, Hearst, Advance Media, McClatchy (NYSE: MNI) and Gatehouse Media.

Among them, they own most of the large newspapers in America and hundreds of newspapers in aggregate.

Each of these companies has newsprint demand much larger than that of The Tampa Bay Times.

These companies operate on razor-thin margins, often less than 5% based on net income.

McClatchy, for example, had net income before taxes of $4 million in the fourth quarter on $245 million in revenue.

https://247wallst.com/media/2018/04/22/newsprint-tariffs-will-cost-major-chains-tens-of-millions-of-dollars/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+typepad%2FRyNm+%2824%2F7+Wall +St.%29

Was killing the press what was really behind Trash's tariffs?

[boutons_deux]

As steel tariffs squeeze U.S. businesses, uncertainty threatens economic growth

"We're in the dark, just like everybody else," said an executive of a West Coast steel importer.

"This administration has been supposedly pro-business, but business doesn't like uncertainty," groused a distributor of stainless steel, who, like others, requested anonymity to avoid antagonizing officials.

the outlook has turned hazy for many — downright bleak for some.

The tariffs have brought higher prices for many manufacturers and construction firms

and considerable uncertainty for both importers and domestic manufacturers of steel and aluminum.

When Trump issued the tariff orders, he gave temporary exemptions to a handful of the biggest steel and aluminum exporters to the United States, including Canada, Mexico, Brazil and the European Union. But those exemptions are set to expire on Tuesday.

At the same time, the

Commerce Department is supposed to rule on hundreds of requests for exemptions from U.S. manufacturers

who say that domestic firms can't supply the particular types of metals they need.

As of the weekend, the

Commerce Department had posted tariff-exclusion requests (https://www.regulations.gov/searchResults?rpp=25&po=0&s=bis-2018-0006&fp=true&ns=true) for about 650 steel importers,

but roughly 5,000 more hadn't been publicly listed on its website,

including some that were submitted more than a month ago.

http://www.latimes.com/business/la-fi-steel-tariffs-impact-20180429-story.html#nws=mcnewsletter

:lol What a toxic FUCKUP Trash and his kakistoracy are. And of course NONE of them will pay for their fuckups, no accountability at all

http://www.latimes.com/business/la-fi-steel-tariffs-impact-20180429-story.html#nws=mcnewsletter

[boutons_deux]

As meticulously thought through as the original Muslim ban

What a farce

Trump delays metal tariffs on Canada, EU, Mexico, exempts some others

U.S. President Donald Trump has postponed the imposition of steel and aluminum tariffs on Canada, the European Union and Mexico until June 1, and

has reached agreements for permanent exemptions for Argentina, Australia and Brazil,

The decisions came just hours before temporary exemptions from the tariffs on these countries were set to expire at 12:01 a.m. (0401 GMT) on Tuesday.

“The administration is also extending negotiations with Canada, Mexico, and the European Union for a final 30 days.

In all of these negotiations, the administration is focused on quotas that will restrain imports, prevent transshipment, and protect the national security,”

there would be no further extensions beyond June 1 to stave off tariffs. :lol wanna bet? :lol

https://www.reuters.com/article/us-usa-trade-metals/trump-delays-metal-tariffs-on-canada-eu-mexico-exempts-some-others-idUSKBN1I1164?feedType=RSS&feedName=topNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FtopNews+%28News+%2F +US+%2F+Top+News%29

[RandomGuy]

Sorghum was an end around for China to import feed. Everytime they want to to drive prices down they would announce a new regulation or tariff. I can't remember when but China put a huge tariff on DDG'S. Those are the protein rich by product of ethanol. Sorgum was not included in that so that became a very desirable niche product for China. Part of that expired last fall. Sorgum is very similar to corn. Imagine a more drought tolerant, less yielding version of corn.

The tariff China put on DDGs was in the Obama administration era. This was not part of the last few months. This ticky tack bullshit has been goin on for a long time. General US population just noticing it now though.

It appears China has stopped buying soybeans from the US altogether because of trade fight
https://www.cnbc.com/2018/05/02/it-appears-china-has-stopped-buying-soybeans-from-the-us-altogether-because-of-trade-fight.html

[boutons_deux]

It appears China has stopped buying soybeans from the US altogether because of trade fight
https://www.cnbc.com/2018/05/02/it-appears-china-has-stopped-buying-soybeans-from-the-us-altogether-because-of-trade-fight.html

More jungle to be burned down in Brazil to fill the gap

[sickdsm]

It appears China has stopped buying soybeans from the US altogether because of trade fight
https://www.cnbc.com/2018/05/02/it-appears-china-has-stopped-buying-soybeans-from-the-us-altogether-because-of-trade-fight.html

Buy the rumor sell the fact.


Soybeans rose, staging a late-session rally that some
traders attributed to optimism about the outcome of U.S. trade
talks with top global soy buyer China.

Per successful farming market analysis.



Soy's up 1% late in the session.

[CosmicCowboy]

There is a simple solution for china to immediately start equalizing the trade balance without losing anything. They buy a shitload of LPG and will be buying billions of mcf in the future as they transition from coal. They could just start buying it from the US.

[sickdsm]

Isn't that a bitch to transport though?

[CosmicCowboy]

Isn't that a bitch to transport though?

Naa. Its being transferred all over the world as we post here.

[RandomGuy]

Isn't that a bitch to transport though?

It is. Requires some expensive tankers, and special docking facilities. Not insurmountable, but keeping it cold enough to be liquid makes it somewhat costly.

[boutons_deux]

Isn't that a bitch to transport though?

LNG carriers are well known, for decades moving gas. eg, from Libya and Algeria to Europe, etc

[Winehole23]

Balanced perspective in Der Spiegel, despite the snarky headline

http://www.spiegel.de/international/world/trans-atlantic-trade-war-and-trump-tricks-a-1206258.html

[boutons_deux]

Zero Tech Emitted: ZTE halts assembly lines after US govt sanctions cripple mobile maker

China’s going to be super duper happy – not

US sanctions against Chinese mobe maker ZTE have forced the company to go into zombie mode as

it can’t get the electronic components it needs from American suppliers.

Last month, the US Commerce Department’s Bureau of Industry and Security (BIS) imposed seven years of sanctions (https://www.theregister.co.uk/2018/04/16/us_bans_zte/) on ZTE

after the biz repeatedly lied to investigators about putting US-built hardware in its devices and selling the gear to North Korea and Iran.

The ban stops US firms selling and shipping electronics and other components to ZTE, leaving the manufacturer short of key widgets.

https://www.theregister.co.uk/2018/05/09/zte_ceases_operations/

[sickdsm]

Zero Tech Emitted: ZTE halts assembly lines after US govt sanctions cripple mobile maker

China’s going to be super duper happy – not

US sanctions against Chinese mobe maker ZTE have forced the company to go into zombie mode as

it can’t get the electronic components it needs from American suppliers.

Last month, the US Commerce Department’s Bureau of Industry and Security (BIS) imposed seven years of sanctions (https://www.theregister.co.uk/2018/04/16/us_bans_zte/) on ZTE

after the biz repeatedly lied to investigators about putting US-built hardware in its devices and selling the gear to North Korea and Iran.

The ban stops US firms selling and shipping electronics and other components to ZTE, leaving the manufacturer short of key widgets.

https://www.theregister.co.uk/2018/05/09/zte_ceases_operations/




Careful. Pavlov will assume your trying to buy that phone......

[boutons_deux]

Collateral carnage as ZTE sanctions see Australia’s top telco dump mobe-maker

Telstra bins own-brand phones, seeks alternative supplier

Australia’s largest and dominant telco, Telstra, has stopped selling the ZTE devices it sold under its own brand.

Telstra blamed (https://exchange.telstra.com.au/stop-sell-zte/) US sanctions recently imposed (https://www.theregister.co.uk/2018/04/16/us_bans_zte/) on ZTE that prevent the Chinese mobe-maker from acquiring parts made by US companies.

ZTE halted its production lines (https://www.theregister.co.uk/2018/05/09/zte_ceases_operations/) as a result, saying that it just can’t build anything without US-derived parts.

Telstra’s become collateral damage, saying the US ruling “prevents ZTE from manufacturing devices for our range.”

It’s therefore stopped sales of 22 ZTE-made-but-Telstra-branded handsets and mobile broadband devices.
READ MORE (https://www.theregister.co.uk/2018/04/20/zte_contests_us_trade_ban/)
Which will hurt:

Telstra’s own-brand kit doesn’t top sales charts, but the fact

the company’s got 22 on the books shows it values this kind of product.

The carrier will likely have plenty of these on the shelves in its warehouses and retail stores and has already started to assure existing users that their phones will keep working.

https://www.theregister.co.uk/2018/05/10/telstra_stops_selling_zte_devices/

So Trash makes an example/scapegoat of ZTE, "because he can", most probably on fake charges, and hurts an ally.

[boutons_deux]

ZTE to USA: Sure, ban us, but you cannot afford such victories

We’ve done everything you asked - even implemented SAP - pleads Chinese vendor

ZTE on Friday published a riposte in which it argues it has tried really, really hard to improve its export compliance capability (http://www.zte.com.cn/global/about/press-center/news/201804CZY/20180420-1) –

even to the extent of implementing SAP – and

co-operated with US authorities on an ongoing investigation.
The company’s statement said:

“It is unacceptable that BIS insists on unfairly imposing the most severe penalty on ZTE

even before the completion of investigation of facts,

ignoring the continuous diligent work of ZTE and

the progress we have made on export compliance."

The company also notes that ZTE has punished employees responsible for past misdeeds and that

an independent investigation remains incomplete.”

It points out that the ban

“will not only severely impact the survival and development of ZTE, but

will also cause damages to all partners of ZTE including a large number of U.S. companies.”

share price dips in the wake of the ban for US companies Acacia Communications and Qualcomm, as both count(ed) ZTE among their larger clients.

ZTE will have little trouble finding other suppliers, and China has encouraged its own semiconductor industry to smarten up. China already favours local suppliers and the ban could give it reason to accelerate their development to ensure ZTE remains viable.

https://www.theregister.co.uk/2018/04/20/zte_contests_us_trade_ban/

So Trash/Mnuchin hitting ZTE will cause a drop in sales of US companies to China. :lol

Trash fucks stuff up, "because he can", gratuitous, destructive use of Pres powers.

[boutons_deux]

:lol Trash discovers unintended consequences. ZTE has already shut down

Trump pledges to help Chinese phonemaker ZTE ‘get back into business’

President Trump pledged on Sunday to help Chinese telecom giant ZTE return to business, days after the company said it would cease “major operating activities” because of the U.S. government’s recent trade restrictions.

“President Xi of China, and I, are working together to give massive Chinese phone company, ZTE, a way to get back into business, fast,” Trump tweeted (https://twitter.com/realdonaldtrump/status/995680316458262533). “Too many jobs in China lost. Commerce Department has been instructed to get it done!”

The comment marks a dramatic shift in tone for a president who has long accused China of stealing U.S. jobs — and could presage a reversal of one of the Trump administration’s toughest actions to date against a Chinese company.

https://www.washingtonpost.com/news/the-switch/wp/2018/05/13/trump-pledges-to-help-chinese-phone-maker-zte-get-back-into-business/?noredirect=on&utm_term=.821a8fcf1730

ZTE to Trash:

https://www.youtube.com/watch?v=2nXGPZaTKik

Trash is a huge fraud. Add in all the waivers for 100s of US companies to evade Trash's tariffs on alu and steel.

[boutons_deux]

Twitter Confused by Trump Tweet About Helping Chinese Phone Company ZTE: Not Really ‘America First’
https://www.mediaite.com/online/twitter-confused-by-trump-tweet-about-helping-chinese-phone-company-zte-not-really-america-first/

[boutons_deux]

Suspicious Timing: China Loans Trump-Related Project $500 Mil Days after Trump Orders Sanctions Lifted on Chinese Telecom Giant

According to a report in the National Review (https://www.nationalreview.com/news/china-contributing-500-million-trump-linked-project-indonesia/), just 72 hours after Donald Trump ordered his government to reverse sanctions on Chinese telecom giant ZTE, the Chinese government announced it would lend half a billion dollars to a Trump-related project in Indonesia.

The Chinese government is extending a $500 million loan to a state-owned construction company to build an Indonesian theme park that will feature a Trump-branded golf course and hotels…

While the $500 million loan will not be directly allocated to any of the Trump-branded features, Beijing’s contribution of half the project’s total operating budget ensures the success of the broader theme-park venture.


Over the weekend, Trump tweeted out the news that he had ordered the Commerce Department to lift severe sanctions on ZTE because, he said, “Too many jobs in China lost.”

Just last month the Trump administration had accused ZTE of espionage and of doing business with Iran and North Korea.

http://www.pensitoreview.com/2018/05/15/suspicious-timing-china-loans-trump-related-project-500-mil-days-after-trump-orders-sanctions-lifted-on-chinese-telecom-giant/

Did China reward Trash for unfucking ZTE?

Or did China offer Trash the $500M load for the Trash-involved project if Trash would specifically unfuck ZTE?

[boutons_deux]

Exports from California Ports Surged in April on Trade Unease

Outbound container volumes at the ports of Los Angeles and Long Beach reached a 13-month high, a sign shippers want to move goods “before the gates close”

https://si.wsj.net/public/resources/images/B3-AK363_portLB_M_20180514142453.jpg

Shipments from the biggest U.S. West Coast ports to Asia are picking up steam in a sign that companies are stepping up orders ahead of anticipated new trade restrictions.

Loaded container exports from the neighboring ports of Los Angeles and Long Beach jumped 12% year-over-year in April from a year ago to 306,503 20-foot equivalent units, or TEUs, a shipping-industry measure of shipment volume.

That made April the biggest month for exports at the largest seaport complex in North America since March 2017.

“Anxiety is driving the export trade,”

said Jock O’Connell, an international trade economist based in California. China represents roughly half of the exports that move through Southern California’s ports, Mr. O’Connell said.

https://www.wsj.com/articles/exports-from-california-ports-surged-in-april-on-trade-unease-1526334286#nws=mcnewsletter

[CosmicCowboy]

[QUOTE=boutons_deux;9389582]Suspicious Timing: China Loans Trump-Related Project $500 Mil Days after Trump Orders Sanctions Lifted on Chinese Telecom Giant

According to a report in the National Review (https://www.nationalreview.com/news/china-contributing-500-million-trump-linked-project-indonesia/), just 72 hours after Donald Trump ordered his government to reverse sanctions on Chinese telecom giant ZTE, the Chinese government announced it would lend half a billion dollars to a Trump-related project in Indonesia.

The Chinese government is extending a $500 million loan to a state-owned construction company to build an Indonesian theme park that will feature a Trump-branded golf course and hotels…

While the $500 million loan will not be directly allocated to any of the Trump-branded features, Beijing’s contribution of half the project’s total operating budget ensures the success of the broader theme-park venture.


Over the weekend, Trump tweeted out the news that he had ordered the Commerce Department to lift severe sanctions on ZTE because, he said, “Too many jobs in China lost.”

Just last month the Trump administration had accused ZTE of espionage and of doing business with Iran and North Korea.

http://www.pensitoreview.com/2018/05/15/suspicious-timing-china-loans-trump-related-project-500-mil-days-after-trump-orders-sanctions-lifted-on-chinese-telecom-giant/

Did China reward Trash for unfucking ZTE?

Or did China offer Trash the $500M load for the Trash-involved project if Trash would specifically unfuck ZTE?




Or it could be neither and simply a concession for China's help on North Korea.

[clambake]

c'mon cowboy. this guy is dirty. do anything for wealth. anything

[boutons_deux]

...

[RandomGuy]

Suspicious Timing: China Loans Trump-Related Project $500 Mil Days after Trump Orders Sanctions Lifted on Chinese Telecom Giant
[SIZE=3][FONT=arial]
According to a report in the National Review (https://www.nationalreview.com/news/china-contributing-500-million-trump-linked-project-indonesia/), just 72 hours after Donald Trump ordered his government to reverse sanctions on Chinese telecom giant ZTE, the Chinese government announced it would lend half a billion dollars to a Trump-related project in Indonesia
Or it could be neither and simply a concession for China's help on North Korea.

Sure. Keep telling yourself that, hypocrite.

All the shit you say you hated about Clinton, i.e. pay for play, etc. Suddenly becomes a non-issue when it is someone with an "R" behind their name.

Trump is selling out US foreign policy to the highest bidder, and you think that is just fine. smh

[boutons_deux]

Japan is reportedly planning retaliatory tariffs against the US

The government is preparing to notify the World Trade Organization of the plan, a necessary procedure under global trade rules, this week, NHK said.


Japan is the only major U.S. ally that did not receive exemptions

from Trump's tariff decision, which came as a shock given Japanese Prime Minister Shinzo Abe's close ties with the president.

Japan (https://www.cnbc.com/japan/) is considering slapping tariffs on U.S. (https://www.cnbc.com/united-states/) exports worth $409 million in retaliation

against steel and aluminium import tariffs imposed by President Donald Trump (https://www.cnbc.com/donald-trump/), public broadcaster NHK said on Thursday.

The move is likely to be part of efforts to have Washington add Japan to a list of countries exempted from the U.S. tariffs.

https://www.cnbc.com/2018/05/16/japan-is-reportedly-planning-retaliatory-tariffs-against-the-us.html

[sickdsm]

https://www.cnbc.com/2018/05/18/us-china-trade-china-halts-us-sorghum-dumping-probe.html

China drops US sorghum dumping probe amid signs of trade thaw
Beijing's announcement that it was ending its investigation, which effectively halted a trade worth roughly $1.1 billion last year, came hours after U.S. officials said China was offering a package to slash the U.S. trade deficit by up to $200 billion.
Another person familiar with the ongoing trade talks said the package may include some elimination of Chinese tariffs already in place on about $4 billion worth of U.S. farm products including fruit, nuts, pork, wine and sorghum.
Published 8 Hours Ago Updated 8 Hours Ago
Reuters
A farmer plants sorghum on his farm in Stanton County, Kan.
Travis Heying | Wichita Eagle | TNS | Getty Images
A farmer plants sorghum on his farm in Stanton County, Kan.
China said on Friday it was dropping an anti-dumping probe into imports of U.S. sorghum, a conciliatory gesture as top officials meet in Washington in an effort to head off a trade war between the world's two biggest economies.

Beijing's announcement that it was ending its investigation, which effectively halted a trade worth roughly $1.1 billion last year, came hours after U.S. officials familiar with the matter said China was offering a package to slash the U.S. trade deficit by up to $200 billion.

"The imposition of anti-dumping and anti-subsidy measures on imports of sorghum originating from the United States would have a widespread impact on consumer living costs, and does not
accord with the public interest," China's Commerce Ministry said in a statement.


News of China's offer of trade concessions and increased purchases of American goods came during the first of two days of U.S.-China trade talks in Washington focused on resolving tariff threats between the two countries. However, it was not immediately clear how the total value was determined.

One of the U.S. sources said U.S. aircraft maker Boeing would be a major beneficiary of the Chinese offer to narrow the trade gap if Trump were to accept it. Boeing is the largest U.S. exporter and already sells about a quarter of its commercial aircraft to Chinese customers.

Another person familiar with the talks said the package may include some elimination of Chinese tariffs already in place on about $4 billion worth of U.S. farm products including fruit,
nuts, pork, wine and sorghum.

A White House statement described the meetings as part of "ongoing trade discussions" and said Trump met the Chinese delegation led by Vice Premier Liu He and the U.S. team led by Treasury Secretary Steven Mnuchin.

"The United States officials conveyed the President's clear goal for a fair trading relationship with China," the White House said.

The top-line number in the Chinese offer would largely match a request presented to Chinese officials by Trump administration officials in Beijing two weeks ago.

But getting to a $200 billion reduction of the U.S. China trade deficit on a sustainable basis would require a massive change in the composition of trade between the two countries.

The U.S. goods deficit was $375 billion last year. The United States' two biggest exports to China were aircraft at $16 billion last year, and soybeans, at $12 billion.

Sorghum surprise
The United States shipped 4.76 million tonnes of sorghum to China in 2017, worth around $1.1 billion, accounting for the bulk of Chinese imports of the grain used in animal feed and Chinese liquor.

In April, China forced U.S. sorghum exporters to put up a 178.6 percent deposit on the value of sorghum shipments to the country after launching an investigation in February following Trump's imposition of steep tariffs on imports of solar panels and washing machines.

"China has taught a lesson to the United States and showed how it can hurt U.S. exports," said Ole Houe, director of advisory services at brokerage IKON Commodities in Sydney.

"Now they are showing goodwill by halting its anti-dumping investigation into sorghum imports, but it is a cheap way of showing goodwill as the U.S. doesn't have much sorghum left to export. The next U.S. sorghum crop will be harvested in August," Houe said.

Some China trade watchers expressed scepticism that a $200 billion reduction in the trade gap could be achieved quickly and said the offer may include repackaged commitments previously announced by China.

"That's an enormous number and it suggests that there could be some impressively ambitious accounting," said Scott Mulhauser, a former chief of staff at the U.S. Embassy in Beijing and U.S. Export-Import Bank official who now advises companies on trade issues.

Agreeing to a deal focused primarily on reducing the trade deficit could also weaken Trump's original tariff goal of pressuring China to end policies that his administration says are aimed at misappropriating U.S. technology — a bigger structural change for China's state-driven economic model.

The U.S. officials did not have details on China's demands in exchange for the concessions.

[boutons_deux]

$200B deficit reduction, EVERY year? ain't gonna happen

[RandomGuy]

https://www.cnbc.com/2018/05/18/us-china-trade-china-halts-us-sorghum-dumping-probe.html

China drops US sorghum dumping probe amid signs of trade thaw
Beijing's announcement that it was ending its investigation, which effectively halted a trade worth roughly $1.1 billion last year, came hours after U.S. officials said China was offering a package to slash the U.S. trade deficit by up to $200 billion.
Another person familiar with the ongoing trade talks said the package may include some elimination of Chinese tariffs already in place on about $4 billion worth of U.S. farm products including fruit, nuts, pork, wine and sorghum.
Published 8 Hours Ago Updated 8 Hours Ago
Reuters
A farmer plants sorghum on his farm in Stanton County, Kan.
Travis Heying | Wichita Eagle | TNS | Getty Images
A farmer plants sorghum on his farm in Stanton County, Kan.
China said on Friday it was dropping an anti-dumping probe into imports of U.S. sorghum, a conciliatory gesture as top officials meet in Washington in an effort to head off a trade war between the world's two biggest economies.

Beijing's announcement that it was ending its investigation, which effectively halted a trade worth roughly $1.1 billion last year, came hours after U.S. officials familiar with the matter said China was offering a package to slash the U.S. trade deficit by up to $200 billion.

"The imposition of anti-dumping and anti-subsidy measures on imports of sorghum originating from the United States would have a widespread impact on consumer living costs, and does not
accord with the public interest," China's Commerce Ministry said in a statement.


News of China's offer of trade concessions and increased purchases of American goods came during the first of two days of U.S.-China trade talks in Washington focused on resolving tariff threats between the two countries. However, it was not immediately clear how the total value was determined.

One of the U.S. sources said U.S. aircraft maker Boeing would be a major beneficiary of the Chinese offer to narrow the trade gap if Trump were to accept it. Boeing is the largest U.S. exporter and already sells about a quarter of its commercial aircraft to Chinese customers.

Another person familiar with the talks said the package may include some elimination of Chinese tariffs already in place on about $4 billion worth of U.S. farm products including fruit,
nuts, pork, wine and sorghum.

A White House statement described the meetings as part of "ongoing trade discussions" and said Trump met the Chinese delegation led by Vice Premier Liu He and the U.S. team led by Treasury Secretary Steven Mnuchin.

"The United States officials conveyed the President's clear goal for a fair trading relationship with China," the White House said.

The top-line number in the Chinese offer would largely match a request presented to Chinese officials by Trump administration officials in Beijing two weeks ago.

But getting to a $200 billion reduction of the U.S. China trade deficit on a sustainable basis would require a massive change in the composition of trade between the two countries.

The U.S. goods deficit was $375 billion last year. The United States' two biggest exports to China were aircraft at $16 billion last year, and soybeans, at $12 billion.

Sorghum surprise
The United States shipped 4.76 million tonnes of sorghum to China in 2017, worth around $1.1 billion, accounting for the bulk of Chinese imports of the grain used in animal feed and Chinese liquor.

In April, China forced U.S. sorghum exporters to put up a 178.6 percent deposit on the value of sorghum shipments to the country after launching an investigation in February following Trump's imposition of steep tariffs on imports of solar panels and washing machines.

"China has taught a lesson to the United States and showed how it can hurt U.S. exports," said Ole Houe, director of advisory services at brokerage IKON Commodities in Sydney.

"Now they are showing goodwill by halting its anti-dumping investigation into sorghum imports, but it is a cheap way of showing goodwill as the U.S. doesn't have much sorghum left to export. The next U.S. sorghum crop will be harvested in August," Houe said.

Some China trade watchers expressed scepticism that a $200 billion reduction in the trade gap could be achieved quickly and said the offer may include repackaged commitments previously announced by China.

"That's an enormous number and it suggests that there could be some impressively ambitious accounting," said Scott Mulhauser, a former chief of staff at the U.S. Embassy in Beijing and U.S. Export-Import Bank official who now advises companies on trade issues.

Agreeing to a deal focused primarily on reducing the trade deficit could also weaken Trump's original tariff goal of pressuring China to end policies that his administration says are aimed at misappropriating U.S. technology — a bigger structural change for China's state-driven economic model.

The U.S. officials did not have details on China's demands in exchange for the concessions.

China Buys Record Amount of Russian Soy as It Shuns U.S. Growers
https://www.bloomberg.com/news/articles/2018-05-17/china-buys-record-amount-of-russian-soy-as-it-shuns-u-s-growers

Seems like a strategic move to me. Trump has proven the US can't be a stable trading partner, so they are shifting their orders to people who are, I would guess.

This may be part of a long term move by China away from US agriculture.

[boutons_deux]

U.S., China talks focus on cutting trade deficit, China denies $200 billion target

U.S. President Donald Trump said on Friday he was determined to stop China from “taking our jobs, taking our money” :lol

China earlier denied assertions from U.S. officials on Thursday night that Beijing had offered a package of concessions and goods purchases aimed at reducing the U.S. trade deficit with China by as much as $200 billion.

“This rumour is not true. This I can confirm to you,”

https://www.reuters.com/article/us-usa-trade-china/u-s-china-talks-focus-on-cutting-trade-deficit-china-denies-200-billion-target-idUSKCN1IJ0A0?feedType=RSS&feedName=topNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FtopNews+%28News+%2F +US+%2F+Top+News%29 (https://www.reuters.com/article/us-usa-trade-china/u-s-china-talks-focus-on-cutting-trade-deficit-china-denies-200-billion-target-idUSKCN1IJ0A0?feedType=RSS&feedName=topNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FtopNews+%28News+%2F +US+%2F+Top+News%29)

Trash is worried about his own job, above all.

[boutons_deux]

China dumps $500M into a Trash Org project, and then ....

US and China putting trade war ‘on hold’ claims Treasury’s Mnuchin

https://www.rawstory.com/2018/05/us-china-putting-trade-war-hold-claims-treasurys-mnuchin/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+TheRawStory+%28The+Raw+Story% 29

:lol

Trash "USA policy" is only about enriching Trash :lol

[Winehole23]

c'mon cowboy. this guy is dirty. do anything for wealth. anythingstraight up crook. there are good reasons DJT didn't show his taxes or divest from his businesses.

it's unsurprising so many of his mobbed up associates got drawn into the Mueller probe.

[boutons_deux]

China Wins First Battle In Trade War, Trump Embarrasses America With Humiliating Failure And Retreat (https://www.dailykos.com/stories/2018/5/20/1765792/-China-Wins-First-Battle-In-Trade-War-Trump-Embarrasses-America-With-Humiliating-Failure-And-Retreat)

Tail between legs, Trump’s America limps off the field of battle after what, a single month of

getting completely and utterly owned by China:


China buys record amount of Russian soybeans after canceling US orders over Trump threats
thehill.com/... (http://thehill.com/blogs/blog-briefing-room/388178-china-buys-record-amount-of-russian-soybeans-amid-halt-on-us-imports)



Trump’s ZTE push could imperil $150 million for terrorism victims
www.washingtonpost.com/... (https://www.washingtonpost.com/world/national-security/trumps-zte-push-could-imperil-150-million-for-terrorism-victims/2018/05/20/7353370a-5c48-11e8-9ee3-49d6d4814c4c_story.html?noredirect=on&utm_term=.d256c9004ae8)


Trump and his team of industry rejects are in way over their heads and they’re embarrassing our country in unprecedented ways that will make America weaker for decades to come.

And yeah,

maybe that’s Trump’s directive from Moscow,

but that only makes it more humiliating for the country, frankly.

https://www.dailykos.com/stories/2018/5/20/1765792/-China-Wins-First-Battle-In-Trade-War-Trump-
Embarrasses-America-With-Humiliating-Failure-And-Retreat?detail=emaildkre

I paraphrase "Trash folded when the Chinese kicked him in his soybeans."

[Winehole23]

well, at least the trade war is on hold

[boutons_deux]

well, at least the trade war is on hold

I think it's over, and lost

Trash very probably won't go after the Chinese again.

It must be chaos in the steel and alu US import business

[RandomGuy]

well, at least the trade war is on hold

Or not depending on which mouth is doing the talking.

Even without the tariffs, China looks like it has been re-aligning its agricultural buys away from US sources.

[Winehole23]

kicks DJT -- and the rest of us -- right in the breadbasket

[RandomGuy]

kicks DJT -- and the rest of us -- right in the breadbasket

What is most deliciously ironic is that the Chinese seem to be targeting places that voted for Trump. I find it very hard to muster any pity.

[boutons_deux]

More "America First" busywork, distraction

U.S. launches national security probe of vehicle imports

The Trump administration on Wednesday launched a national security investigation into car and truck imports that could lead to new U.S. tariffs similar to those imposed on imported steel and aluminum in March.

The Commerce Department said the probe under Section 232 of the Trade Expansion Act of 1962 would investigate whether vehicle and parts imports were threatening the industry’s health and ability to research and develop new, advanced technologies.

“There is evidence suggesting that, for decades, imports from abroad have eroded our domestic auto industry,”

Commerce Secretary Wilbur Ross said in a statement, promising a “thorough, fair and transparent investigation.”

https://www.reuters.com/article/us-usa-trump-autos/trump-says-u-s-may-launch-national-security-probe-of-vehicle-imports-idUSKCN1IO1YM?feedType=RSS&feedName=topNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FtopNews+%28News+%2F +US+%2F+Top+News%29

[boutons_deux]

U.S. Launches Auto Import Probe, China Vows To Defend Its Interests

The investigation could lead to new U.S. tariffs similar to those imposed on imported steel and aluminum in March.

The national security probe under Section 232 of the Trade Expansion Act of 1962 would investigate whether vehicle and parts imports were threatening the industry’s health and ability to research and develop new, advanced technologies,

Higher tariffs could be particularly painful for Asian automakers including Toyota Motor Corp, Nissan Motor Co, Honda Motor Co and Hyundai Motor Co, which count the United States as a key market, and

the announcement sparked a broad sell-off in automakers’ shares across the region.

In addition to recently imposed 25 percent tariffs on steel and 10 percent tariffs on aluminum imports, the administration has threatened tariffs on $50 billion worth of Chinese goods over intellectual property complaints, and Beijing has vowed to respond.

https://www.huffingtonpost.com/entry/trump-auto-probe-china-tariffs_us_5b067d30e4b07c4ea105063a?34&utm_medium=email&utm_campaign=__TheMorningEmail__052418&utm_content=__TheMorningEmail__052418+CID_f0dd1728 6d171d2d3cb2786f163c708b&utm_source=Email%20marketing%20software&utm_term=Reuters&ncid=newsltushpmgnews__TheMorningEmail__052418

I have no doubt this foreign-car-stock-tanking announcement was leaked to BigFinance's short sellers, which bettors in turn will split short-selling profits with the Commerce/Treasury leakers.

[boutons_deux]

China approves 13 new Ivanka Trump trademarks in 3 months


https://www.apnews.com/9caf2ddbbae84bd09e9d732036d667b4/China-approves-13-new-Ivanka-Trump-trademarks-in-3-months

[boutons_deux]

U.S. to impose tariffs on EU steel, aluminum

U.S. Commerce Secretary Wilbur Ross was due to hold a news briefing at 9 a.m. (1300 GMT) to announce “Section 232” national security-related tariff modifications

German magazine Wirtschaftswoche reported on Thursday that

Trump had told French President Emmanuel Macron he wanted to stick to his trade policy long enough that

Mercedes-Benz cars were no longer cruising through New York, :lol realistic! :lol

news that dented share prices in BMW (BMWG.DE (https://uk.reuters.com/business/quotes/overview?symbol=BMWG.DE)), Daimler (DAIGn.DE (https://uk.reuters.com/business/quotes/overview?symbol=DAIGn.DE)) and Volkswagen (VOWG_p.DE (https://uk.reuters.com/business/quotes/overview?symbol=VOWG_p.DE)).

The Trump administration launched a national security investigation last week into car and truck imports, using the same 1962 law that he has applied to curb incoming steel and aluminum.

“It’s entirely up to U.S authorities whether they want to enter into a trade conflict with their biggest partner, Europe,”

Le Maire told reporters after the meeting.

Europe did not want a trade war, he said, but Washington had to back down from “unjustified, unjustifiable and dangerous tariffs”. The European Union would respond with “all necessary measures” if the United States imposed them.

Ross hinted that tariffs were coming.

“If there is an escalation it will be because the EU would have decided to retaliate,”

he told French daily Le Figaro.

“The next question would be: how will the president react? You saw his reaction when China decided to retaliate.”

https://uk.reuters.com/article/us-usa-trade-metals-europe/u-s-to-slap-tariffs-on-steel-aluminum-from-eu-on-thursday-sources-idUKKCN1IV2TN

[RandomGuy]

well, at least the trade war is on hold

U.S. hits E.U., Canada and Mexico with steel, aluminum tariffs
https://finance.yahoo.com/news/u-hits-e-u-canada-134416946.html

Canada responds to U.S. steel, aluminum tariffs with 'countermeasures' of its own
http://www.news1130.com/2018/05/31/canada-responds-u-s-tariffs-countermeasures/

Mexico answers Trump tariffs with new duties on US products
http://thehill.com/policy/finance/390045-mexico-counters-trump-tariffs-with-new-duties-on-us-products

Brüssel will klare Kante zeigen (Brussels will imp
http://www.dw.com/de/br%C3%BCssel-will-klare-kante-zeigen/a-44027244


Not any more. This is the first round of tariffs, next batch is going to be on China.

Trump will succeed in turning the US into a pariah state before his term is up. Holy shit.

The chickens are coming home to roost, and they are going to take a huge dump on the rural parts of the US that voted for this stupid mother fucker.

[Winehole23]

DJT got elected on fear, discontentedness and cruelty to "outsiders."

Plenty more where it came from, tbh.

Trump will point at our allies and say look what they're doing to us!

[RandomGuy]

DJT got elected on fear, discontentedness and cruelty to "outsiders."

Plenty more where it came from, tbh.

Trump will point at our allies and say look what they're doing to us!

In-fucking-credible.

Dow dropped 1% on the news, although that isn't a huge swing these days. The bell weather will be tomorrows. drops after people have had a chance to triangulate.

I don't think the farmers who are about to get fucked over by the Republican party are going to soon forget it.

[Winehole23]

I don't think the farmers who are about to get fucked over by the Republican party are going to soon forget it.You could be right.

I think most people who got fucked couldn't tell you how they got that way. Macroeconomics is hard.

[Winehole23]

A fairy tale -- an anecdote, if you like -- is much easier to understand.

[boutons_deux]

most people who got fucked couldn't tell you how they got that way

... so they elected, repeatedly, for decades, the Repugs who fucked them, and still support their fucker-of-themselves Trash

[Winehole23]

shut up boutons, we already knew what you were going to say.

[boutons_deux]

shut up boutons, we already knew what you were going to say.

whine hole, G F Y

[Winehole23]

on my own schedule, one-note johnny.

[boutons_deux]

Trump’s Steel Tariffs Incite Retaliation From Mexico And Canada

Mexico announced it would be imposing its own tariffs, with support from Canada’s Prime Minister Justin Trudeau.

Mexico’s retaliatory tariffs target pork legs, apples, grapes and cheeses as well as steel -

products from U.S. heartland states that supported Trump in the 2016 election.

“Because, in the end, the effect will fall on voters and citizens that live in districts where the people have a voice and vote in the (U.S.) Congress.”

Guajardo said retaliation was aimed at products chosen to hit districts with important lawmakers who had been warning Trump not to mess with Mexico. He estimated the U.S. tariffs would affect $4 billion in trade between the two countries.

“It is a sad day for international trade,” Guajardo said. “But hey, the decision was made, and we always said that we were going to be ready to react.”

Mexico buys more steel and aluminum from the United States than it sells. It is the top buyer of U.S. aluminum and the second-biggest buyer of U.S. steel, :lol

Guajardo’s ministry said.

https://www.huffingtonpost.com/entry/mexico-canada-tariffs-trump-retaliation-reuters_us_5b108315e4b02143b7cafc24?utm_medium=ema il&utm_campaign=__TheMorningEmail__060118&utm_content=__TheMorningEmail__060118+CID_cbef4727 e41a9442b3273a66d7f4050b&utm_source=Email%20marketing%20software&utm_term=Reuters&ncid=newsltushpmgnews__TheMorningEmail__060118

[boutons_deux]

Trudeau says NAFTA talks broke down after Pence made ultimatum

Canadian Prime Minister Justin Trudeau said months of intense negotiations between his country, the United States and Mexico

imploded Tuesday when Vice President Pence demanded that any deal expire automatically in five years.

Trudeau said he was prepared to travel to Washington this week to try to finalize a rework of the North American Free Trade Agreement,

but Pence, in the phone call, said

a meeting would occur only if the “sunset” provision was agreed to in advance.

https://www.washingtonpost.com/news/business/wp/2018/05/31/trudeau-says-nafta-talks-broke-down-after-pence-made-ultimatum/?utm_term=.749ae65ffa14&wpisrc=nl_most&wpmm=1

The Repug Art of Fucking Up Everything

[boutons_deux]

‘Make America 1929 Again’

“This is dumb.

Europe, Canada, and Mexico are not China, and

you don’t treat allies the same way you treat opponents.

We’ve been down this road before—

blanket protectionism is a big part of why America had a Great Depression.

‘Make America Great Again’ shouldn’t mean ‘Make America 1929 Again.’”

— Sen. Ben Sasse (R-NE), quoted by the Washington Post (https://www.washingtonpost.com/business/economy/trump-imposes-steel-and-aluminum-tariffs-on-the-european-union-canada-and-mexico/2018/05/31/891bb452-64d3-11e8-a69c-b944de66d9e7_story.html?noredirect=on&utm_term=.d32688fb7ba5), on President Trump’s decision to impose steel and aluminum tariffs.


http://www.pensitoreview.com/2018/06/01/make-america-1929-again/

[RandomGuy]

You could be right.

I think most people who got fucked couldn't tell you how they got that way. Macroeconomics is hard.

History may not repeat itself, but man does it rhyme.

Financial deregulation, protectionist tariffs... Looks like the Republican party is trying for another Great Depression.

https://media.giphy.com/media/buCony5kawgKY/giphy.gif

[boutons_deux]

"Psychopath's Trade War": Critics Denounce Trump's Reckless Tariffs on Mexico, EU, and Canada

"It simply makes no sense to start a trade war with Canada, the European Union and others who are engaged in fair trade, are not cheating and where workers are paid a living wage with good benefits," argued Sanders

EU and Canada on Friday filed formal complaints (https://globalnews.ca/news/4248573/canada-wto-challenge-eu-trade-war/)with the World Trade Organization claiming the penalties imposed by the Trump administration are a violation of standing trade agreements.

Mexico also responded to the tariffs with new penalties on imports of U.S. goods traveling over the southern U.S. border.

For his part, Sachs characterized Trump's imposition of tariffs as "blatantly illegal," but said there is also something more concerning at play:

Trump's so-called policies are not really policies.

Trade wars are on, off, on hold, on again, within the span of days.

Summits are on, canceled, or maybe on.

Foreign companies are sanctioned today and rescued the next.

He says one day (https://www.bloomberg.com/news/articles/2018-04-03/trump-says-he-wants-u-s-troops-to-get-out-of-syria-soon) he would like to see overseas troops called home soon, and tells them to stay the nex (https://www.telegraph.co.uk/news/2018/04/04/us-troops-stay-syria-now-despite-donald-trumps-withdrawal-calls/)t.

Global agreements and rules are ripped to shreds.

Trump's garbled syntax and disorganized thoughts are impossible to follow.

The US has probably never before had

a delusional President,

one who speaks gibberish,

insults those around him including his closest associates, and

baffles the world.

By instinct,

we strive to make sense of Trump's nonsense, implicitly assuming some hidden strategy.

There is none.

"Trump creates chaos for no reason other than his own flagrant inability to follow rules or respect the interests of others,"

Sachs writes.

"The result will be to

undermine the long-term role of the dollar;

ratchet up the public debt; and

undermine the current expansion through a spiral of protectionist measures and rising uncertainties for business."

https://www.commondreams.org/news/2018/06/02/psychopaths-trade-war-critics-denounce-trumps-reckless-tariffs-mexico-eu-and-canada?utm_term=%22Psychopath%27s%20Trade%20War%22 %3A%20Critics%20Denounce%20Trump%27s%20Reckless%20 Tariffs%20on%20Mexico%2C%20EU%2C%20and%20Canada&utm_campaign=%22A%20Psychopath%27s%20Trade%20War%2 2%20and%20the%20Abuse%20of%20Power%20Presidency%20 %20%7C%20Your%20Week%20in%20Review&utm_content=email&utm_source=Weekly%20Newsletter&utm_medium=Email&cm_mmc=Act-On%20Software-_-email-_-%22A%20Psychopath%27s%20Trade%20War%22%20and%20the %20Abuse%20of%20Power%20Presidency%20%20%7C%20Your %20Week%20in%20Review-_-%22Psychopath%27s%20Trade%20War%22%3A%20Critics%20 Denounce%20Trump%27s%20Reckless%20Tariffs%20on%20M exico%2C%20EU%2C%20and%20Canada

[boutons_deux]

https://scontent-dfw5-1.xx.fbcdn.net/v/t1.0-9/34012864_2109746169118426_8169417762842607616_n.pn g?_nc_cat=0&oh=09bd3c97e7e703b309be90c04e3a7ac0&oe=5B77FB86

[Winehole23]

On Friday, citing national security, Trump ordered the Energy Department tocompel power-grid operators to buy from ailing coal and nuclear plants that otherwise would be forced to shut down because of competition from cheaper sources.

The order came one day after the president imposed historic metals tariffs on some of the country’s strongest allies and trading partners. Now the Commerce Department is further picking winners and losers as it weighs thousands of requests from companies for waivers from the import taxes.

“It replaces the invisible hand with the government hand,” said Mary Lovely, a Syracuse University economist. “You’re replacing the market with government fiat.”
https://www.washingtonpost.com/business/economy/from-electricity-to-steel-trump-becoming-increasingly-active-in-trying-to-shape-the-economy/2018/06/01/c1a0692c-65b3-11e8-a69c-b944de66d9e7_story.html?utm_term=.39837ac8249a

[Winehole23]

“One of the reasons tariffs are not good policy in general is that it is a form of corporate welfare,” said Stephen Moore, an economist at the Heritage Foundation. “You’re saying consumers will have to pay more so this auto company or steel company or aluminum company stays in business. It’s the ultimate form of picking winners and losers.”

[Winehole23]

1003084580189097984

[Winehole23]

btw, what's the NatSec emergency?

[johnsmith]

I think it's over, and lost

Trash very probably won't go after the Chinese again.

It must be chaos in the steel and alu US import business

It’s not “chaos” exactly....but it’s a fucking nightmare in the steel business unless you’re an executive at a large steel mill anyway.....late summer will be interesting when the mills start running out of stock material.

[Winehole23]

France's Bruno Le Maire warned a trade war could begin in "a few days".

Meanwhile US Commerce Secretary Wilbur Ross met Chinese Vice Premier Liu He in Beijing to try to ease trade tensions.

Afterwards China warned that all trade talks with the US would be void if Washington introduced sanctions.
https://www.bbc.com/news/business-44345129

[Winehole23]

unintended consequences:


“New steel and aluminum tariffs are starting to hit American supply chains but not necessarily in the way the White House intends. U.S. firms that use the metals in manufacturing say the levies have led to higher materials prices, pushing them to charge more for their products. That’s leading some customers to turn instead to foreign suppliers that use cheaper, tariff-free metals”http://createsend.com/t/d-3DEB6CC629A8C3F12540EF23F30FEDED

[RandomGuy]

btw, what's the NatSec emergency?

Coal companies aren't getting their money's worth from their bribes of the administration officials. (inauguration cough cough)

[boutons_deux]

Canada's tariffs designed "strategically to exert maximum pain politically for the president" (https://www.dailykos.com/stories/2018/6/1/1768754/-Canada-s-tariffs-designed-strategically-to-exert-maximum-pain-politically-for-the-president)


"This list was clearly drawn strategically to exert maximum pain politically for the president,"

said Maryscott Greenwood of the Canadian American Business Council.

"The idea is, you look at a map of the congressional districts of the United States, you look at which members of Congress are in leadership positions and then you look at the big industries in those districts and then you draw up your list accordingly," she said. "And this list was clearly drawn up with this in mind."
…
Take Paul Ryan, the Republican Speaker of the U.S. House of Representatives. He represents a district in Wisconsin where there is significant cucumber and gherkin industry.

That state also has a large dairy industry, which could help explain why yogurt was added to the list.

But Wisconsin is also home to a manufacturing plant and distribution centres belonging to the Toro Company, the owner of several lawn mower manufacturers that sell to Canada.

Which probably explains why "mowers for lawns, parks or sports-grounds" were added to the list.


Also on the list:

whiskey from Kentucky,

orange juice from Florida, and

chocolate, toilet paper, and paper towels from Pennsylvania, which is home to Hershey’s chocolate and Scott paper companies.

Gordon Ritchie, a trade expert who negotiated Canada's first free trade agreement with the U.S., says that

Canada’s list of tariffs "is the best executed trade countermeasure I've seen in 50 years.

But the Trump action is sheer, utter idiocy."

Canadians have an elegant concept of reciprocity.

https://www.dailykos.com/stories/2018/6/1/1768754/-Canada-s-tariffs-designed-strategically-to-exert-maximum-pain-politically-for-the-president

Canucks man up and say "Bring It On, sheer, idiot Trash"

[ducks]

Maryscott Greenwood of the Canadian American Business Council wants what is best for her country and trump wants what is best for usa

[Winehole23]

Tariffs amount to corporate welfare. That's compounded by the government picking winners and losers through the waiver process.

Fine and well, Trumpalos, just don't pretend that's free market capitalism.

[Winehole23]

DJT thinks the pressure will result in better deals, but it may result in pissed off allies, broken deals and broken trust, to say nothing of unintended consequences for US businesses and consumers.