Steel and aluminum tariffs...

[Winehole23]

Farm belt taking it on the chin

[boutons_deux]

U.S. agency submits auto tariff probe report to White House

The U.S. Commerce Department sent a report on Sunday to U.S. President Donald Trump that

could unleash steep tariffs on imported cars and auto parts,

provoking a sharp backlash from the industry even before it is unveiled, the agency confirmed.

Trump has 90 days to decide whether to act upon the recommendations,

which auto industry officials expect to include at least some tariffs on fully assembled vehicles

or on technologies and components related to electric, automated, connected and shared vehicles.

https://www.reuters.com/article/us-u...2F+Top+News%29

Euros say they will retaliate.

Trash pandering to his ignorant, loser base as if they were suffering from no/low tariffs on imported Euro luxury cars.

[boutons_deux]

Honda Confirms Plan to Leave Britain as Brexit Looms

The Japanese automaker, which employs 3,500 at its Swindon, England, plant, is set to close the site by 2021.

https://www.nytimes.com/2019/02/18/b...xit-honda.html

[RandomGuy]

Farm belt taking it on the chin

Many said they are willing to bear a bit of the pain for the tariffs if it would help in the long run. Acceptable casualties for Trump as long as he gets a win. That must sting for his voters.

I would note sickdsm has been awfully quiet on this topic as of late.

At this point, I am actually somewhat supportive of the much broader tariffs. I think we have a lot of leverage to get some long-standing intellectual property issues resolved. China is looking rather vulnerable to this pressure and we might actually see some movement on this.

That said, there doesn't seem to be any real aim or goal being expressed or carried out. It is tactics with no overarching strategy, a ship with engines full steam, and no one at the helm. What is the SPECIFIC thing we want? The Chinese are in the dark, and even if they wanted to deal, we don't seem to be able to tell them what we want.

[Chris]

[RandomGuy]

China still buys American Soybeans. Third party buyer. It's a s game. China NEEDS protein. Either from ethanol DDG'S or Soybeans. One of the reason China is pushing hard for ethanol (e-10 mandate coming on next year?) Is the DDGS.

China had a huge tariff on DDG that essentially shut imports down that got lifted last fall/this spring.


Keeping Soybeans off the global market for a few months would be a death sentence to China's trade negotiations IMO.


There isn't going to be lower overall demand for US Soybeans. It's who is the middle man that's going to change. Soybean exports have not been bad at all, and they will continue to do well.

https://www.economist.com/finance-an...s-been-upended

The global soyabean market has been upended
There may be permanent effects

As I pointed out to you.

[RandomGuy]

Hail Satan.

You probably haven't seen the cringeworth interaction with Trump, his trade dude, and the Chinese. Trump embarrassed himself and our country.

Again.

[boutons_deux]

Trash said China was stealing US's IP and had to change.

Any change?

[boutons_deux]

U.S. farm debt is at highest point since 1980s agriculture crisis

U.S. farm debt is the highest its been since the 1980s when the agriculture community was last in calamity, reports Reuters.

The amount of debt has risen to over $400 billion,

and loan demand is "historically high,"

The current crisis is being caused by weakness in commodity prices,

weather damage to crops and

a loss of profitable export markets like China,

https://theweek.com/speedreads/82620...2-release-date

What a great year for Trash to stomp on farmers' s

[RandomGuy]

Trash said China was stealing US's IP and had to change.

Any change?

nope

[RandomGuy]

China still buys American Soybeans. Third party buyer. It's a s game. China NEEDS protein. Either from ethanol DDG'S or Soybeans. One of the reason China is pushing hard for ethanol (e-10 mandate coming on next year?) Is the DDGS.

China had a huge tariff on DDG that essentially shut imports down that got lifted last fall/this spring.


Keeping Soybeans off the global market for a few months would be a death sentence to China's trade negotiations IMO.


There isn't going to be lower overall demand for US Soybeans. It's who is the middle man that's going to change. Soybean exports have not been bad at all, and they will continue to do well.

A Surprise Winner From the U.S.-China Trade Spat: Russian Soybean Farmers
Commercial conflict has choked American soy exports to the bean’s biggest market, China, providing Russian farmers an opportunity

https://www.wsj.com/articles/russia-...ns-11550745001

[Chris]

[Winehole23]

Oh well, if Trump demands it, then China will ask how high.

[boutons_deux]

Trump scraps trade privilege for India; Delhi plays down impact

end preferential trade treatment for India that allows duty-free entry for up to $5.6 billion worth of its exports to the United States.

https://www.reuters.com/article/us-u...gEmail__030519

[Chris]

/thread

[Pavlov]

/thread

Are you posting on an American phone or computer, Chris?

Yes or no.

[boutons_deux]

"Because Trump brought back manufacturing and

we don't need these other countries' garbage products. "



Tariff-Man Trump to Preside Over $100 Billion Jump in Trade Gap

https://www.bloomberg.com/news/artic...ade-gap-surges

Mitc is one typically stupid mofo

[boutons_deux]

TRUMP’S DUMB TRADE WAR COST AMERICANS $3 BILLION A MONTH LAST YEAR

So good, so easy to win.

He says these things because he doesn’t actually have any idea how tariffs work,

despite having it explained to him numerous times—

which in itself is a great reason to follow the directions on the box of Just for Men,

in reality, U.S. companies and consumers are the ones who’ve paid for his little trade war.

And according to two studies published over the weekend, they’ve paid a lot!

In a study published on Saturday, economists from the Federal Reserve Bank of New York, Princeton University, and Columbia University found that tariffs imposed last year by Trump on products ranging from washing machines and steel to some $250 billion in Chinese imports were

costing U.S. companies and consumers $3 billion a month in additional tax costs and companies a further $1.4 billion in deadweight losses.

They also were causing

the diversion of $165 billion a year in trade leading to significant costs for companies having to reorganize supply chains.

In a separate paper published on Sunday, four economists including Pinelopi Goldberg, the World Bank’s chief economist and a former editor in chief of the prestigious American Economic Review, put

the annual losses from the higher cost of imports alone for the U.S. economy at $68.8 billion.

“This is kind of the worst-case scenario in terms of consumers,” Columbia University professor David Weinstein told Bloomberg.

“It’s pretty unclear that this trade war is a net win for the economy at this point.”

Moreover, as Paul Krugman points out, the fact that

consumers are paying for the trade war is just one of several reasons why this whole thing ranks somewhere around Trump Airlines on a list of the president’s worst ideas:

By the way, in practice any manufacturing jobs added by the Trump tariffs are probably offset by losses of other manufacturing jobs.

Partly that’s because most of the tariffs are on intermediate goods—inputs into production, so that job gains in, say, steel are offset by losses in autos and other downstream sectors.

Beyond that, the tariffs have probably contributed to a rising dollar, which makes U.S. exports less compe ive.

https://www.vanityfair.com/news/2019...YwMDQ0NTI3MgS2

[BD24]

/thread

Doing the troll thing again I see.

Either that or you are just this stupid, which is it?

[RandomGuy]

Doing the troll thing again I see.

Either that or you are just this stupid, which is it?

Both actually. The demons are out to get him.

[pgardn]

Trade deficit all cleared up because of our winning the trade war?

Well damn....

Who knew trade and health care could be so difficult?
Not the Orange guy.

[Chris]

Doing the troll thing again I see.

Either that or you are just this stupid, which is it?

Don't @ me got.

[RandomGuy]

Don't @ me got.

[Pavlov]

Don't @ me got.

[RandomGuy]

Despite Trump's Promises, The Trade Deficit Is Only Getting Wider

https://www.npr.org/2019/03/06/70065...-getting-wider