How much more can the Japanese eat?
So the goal is free trade after all?
https://x.com/Acyn/status/1915826273068454361
Lol "weighs"
Why don't you sit on a good sized corn cob.
Nope
Why are you so bad at this?
What is it?
Don't fold again.
"According to Shusuke Murai and Reiji Yoshida from The Japan Times, critics say the Nikkei is "depending too much on leaks — apparently provided by corporate insiders — and the paper is often seen as reluctant to bluntly criticize Japanese firms."[11] The New York Times reporter Hiroko Tabuchi said the Nikkei's purchase of the FT "Worrying", further stating that "[The] Nikkei is basically a PR machine for Japanese biz; it initially ignored the 2011 Olympus accounting scandal (which FT broke). Nikkei has also hardly covered the Takata airbag defect; almost no investigative work on that issue whatsoever. Nikkei is Japan Inc."[12]"
https://en.wikipedia.org/wiki/The_Ni...0purchase%20of
No way! Not a tsa link!
https://www.dailymail.co.uk/yourmone...iff-twist.htmlSubaru, which sold 68,043 cars in Canada in 2024, is reshuffling its supply chain in response to escalating car trade scuffles.
The company sold over 17,700 American-built vehicles in Canada last year, making up 26 percent of its 2024 sales.
But the Japanese automaker’s Canadian division will slash US imports to just 10 percent by the 2026 model year, representing thousands of cars and millions of dollars lost.
The biggest impact will be on the American-built Outback. The popular car will no longer ship north after 2026.
Instead, it will feature a 'made in Japan' badge.
Subaru Canada's CEO, Tomohiro Kubota, said the move will 'minimize the impact of the counter surtax,' according to Automotive News Canada.
For Subaru, it’s cheaper to build and ship cars out of Japan than deal with the political whiplash of US trade policy.
We've seen both Trump and Xi attempt to soothe understandably jittery businessmen
Trump's tariff and the ensuing Chinese retaliation impose insanely high costs of doing business
https://www.reuters.com/world/china/...ys-2025-04-25/China has exempted some U.S. imports from its 125% tariffs and is asking firms to identify critical goods they need levy-free, according to businesses that have been notified, in the clearest sign yet of Beijing's concerns about the trade war's fallout.
The dispensation, which follows de-escalatory statements from Washington, signals that the world's two largest economies were prepared to rein in their conflict, which had frozen much of the trade between them and raised fears of a global recession.
Beijing's exemptions, which business groups hope would extend to dozens of industries, pushed the U.S. dollar up slightly and lifted equity markets in Hong Kong and Japan.
"As a quid-pro-quo move, it could provide a potential way to de-escalate tensions," said Alfredo Montufar-Helu, a senior adviser to the Conference Board's China Center, a think tank.
But, he cautioned: "It's clear that neither the U.S. nor China want to be the first in reaching out for a deal."
https://www.bbc.com/news/articles/c8dglmm5j52oIn one of China's strongest statements yet over the tariff war, Commerce Ministry spokesman He Yadong said the US should remove all "unilateral tariff measures" against China "if it truly wanted" to solve the issue.
"The person who tied the bell must untie it," he added.
Separately, Foreign Ministry spokesman Guo Jiakun said China and the US had "not conducted consultations or negotiations on tariffs, let alone reached an agreement".
He added that reports to the contrary were "false".
https://www.theatlantic.com/magazine...lation/682572/The Coming Economic Nightmare
...
In January, President Trump inherited an economy that was growing strongly. Unemployment was low. Inflation had been restrained below 3 percent. If the new Trump administration had just left well enough alone, his second presidency could have coasted to economic success.
Instead, Trump single-handedly plunged the economy into chaos. In the ’70s, the economy was disrupted because the price of oil surged, a result of the major oil producers’ coordinated restriction of supply. Trump’s tariffs are like a hundred self-inflicted oil shocks, all arriving at the same time. Unless Trump changes course immediately, everything will soon cost more, possibly a lot more: groceries and automobiles, industrial magnets and tableware, mobile phones and children’s shoes.
...
No American business—no business that serves the American market—will commit to any capital expenditure under these conditions. If Trump’s tariffs last for any length of time, the result will be a vast disinvestment instead. The worst of the pain may not be felt immediately. Trump advertised the tariffs many weeks in advance, opening an opportunity for businesses to stockpile inventories. Sooner or later, however, those stockpiles will dwindle. Consumers will face higher prices or outright shortages. Businesses will suffer diminished demand. Workers will be laid off.
...
The most dangerous temptation that Trump may face is to impose some form of capital controls to stop investors from dumping dollar assets. Trump’s trade war has driven a sell-off of U.S. Treasury bonds, which raised interest rates in the United States. Regimes moving toward protectionism sometimes try to block investors from rushing to the exits. The United States has more capacity than most to try such measures. Among their many costs, they dissuade investors from ever trusting your country again.
The grim fact about stagflation is that—once stumbled into—it is very hard to escape. Raise interest rates to curb the inflation, and the stagnation gets worse. Rev the economy to overcome stagnation, and the inflation gets worse. Policy makers find themselves in the predicament of a motorist trying to execute a three-point turn in a too-narrow roadway: They can never back up or advance far enough to make any progress.
...
Ultimately, the end of the crisis will depend on the actions of hundreds of millions of people across dozens of trading nations. Only if and when they recover their trust in the United States will the U.S. and world economies fully recover from the breach of trust Trump has created. How long will it take? No one knows.
As a businessman, Trump was notorious for operating in bad faith. He has been accused of deceiving customers, employees, investors, and creditors. Before he pivoted to politics, his bank of choice was one known for its relationship with Russian oligarchs and alleged money launderers. He repeatedly drove his properties into bankruptcy, leaving creditors, investors, and employees to bear the costs of his failure.
...
https://www.bloomberg.com/news/artic...riff-increasesShein Hikes US Prices as Much as 377% Ahead of Tariff Increases
Fast-fashion giant Shein Group Ltd. raised US prices of its products from dresses to kitchenware ahead of imminent tariffs on small parcels, in an early sign of the potential effect of the trade war on American consumers.
Most of the hikes in US prices came on Friday, with markups significantly higher in some categories than others, according to data compiled by Bloomberg News. The average price for the top 100 products in the beauty and health category increased by 51% from Thursday, with several of the items more than doubling in price. For home and kitchen products and toys, the average jump was more than 30%, led by a massive 377% increase in the price of a 10-piece set of kitchen towels. For women’s clothing the rise was 8%.
...
https://militarnyi.com/en/news/usa-u...ts-from-china/USA Unable to Make Drones Without Components From China
...
Primarily, this concerns components, a significant portion of which are manufactured in China and supplied to the U.S. both directly and through intermediary supply chains.
China currently controls close to 90 percent of the global commercial drone market, according to market research firm Drone Industry Insights UG.
Additionally, it is in China where key drone components are produced, such as airframes, batteries, radios, cameras, and screens. Due to mass production and availability, these components are highly compe ive, making it difficult to create an effective alternative at the moment.
Equally important is the cost of Chinese components, which is significantly lower than that of similar products from the U.S. or European countries.
It is driving the growth of global demand, including among the armed forces of countries that actively use products by DJI.
...
I ordered some stuff from AliExpress last Sunday. One of the things was a smar ch. I paid $21 with free shipping for it.
https://a.aliexpress.com/_mKalhB9
Just going to use it for sleep monitoring but I've ordered enough stuff to be able to sort through what's junk and what's worthwhile. It's now a $76 watch as of today. That's still no where near cheap enough to build them there IMO.
rare earths shortages will hit electronics and defense if stockpiles are depleted
Then work thru it...and get the monkey offin' our back for good. Whatever it takes.rare earths shortages will hit electronics and defense if stockpiles are depleted
Has the old man fixed that Electrical shortage up on the Canadian border where they were selling us Electricity all these years?
I doubt it, otherwise we'd a heard about it. That's de able of Trump not to fix that on-the-spot.
those material inputs are now ~140% cheaper
to every country in the world but the US
thanks, Trump
Sounds like you're very concerned with every country being on a level playing field.
I don't this has anything to do with that. Insisting on a 50/50 balance of trade equilibrium is absurd and arbitrary because of comparative advantage.
E.g., the US can't grow more bananas and Guatemala doesn't have enough of anything else we want to make up for the loss of highly tariffed banana imports to the US, in order to buy even more from us.
Last edited by Winehole23; 04-27-2025 at 03:11 PM.
(I've heard constructing prisons and concentration camps for the US is a growth industry, maybe Guatemala could suck up to Trump that way)
Perot warned us repeatedly & at length about NAFTA & the great sucking sound that would follow in. Clinton whistled past that graveyard, so did Bush2 and the Magic Negro.
Only the old man has met it on the square.
Whatever it takes.
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