Tariffs

[langwadt]

I'm not sure who you are quoting, but T'rump has explicitly stated there are ways around the two term limitation.

Yes. The constitution says that nobody may be elected to the office more than twice. Even though I think the intent is clear, it is most unfortunate wording and is obviously (to me) a mistake. Thanks to that mistake, Trump might be able to continue in the office after his "official" term ends.

seems like it, https://digitalcommons.law.uga.edu/fac_artchop/1012/

[Electrodynamic]

The fake money was loaned to large corporations which then used it to buy real assets having real value from other countries.

The fracking boom gave them more power than cheap foreign oil ever did, having the reserve currency without being sufficiently protectionist is a slow death for economic power.

China exchanges more goods for paper than any nation on earth ... look at that trade balance. They don't sell ownership of their productive assets for paper, but they'll gladly stockpile dollar and Euro bonds for now rather than consuming their own output.

Indeed, and many countries threatened to dump all these bonds overnight and implode the U.S. economy if they didn't smarten up. This is why trump was named taco because he had to slow down.

I think I figured out the game plan of trump and project 2025.
1)Use tariffs to destabilize the U.S. economy and create chaos.
2)Promote civil unrest by shutting down social services and the government.
3)Deploy the military to promote more fear and chaos.
4)People will flee to crypto and gold then crypto will spike and collapse after trump and his 1% elite friends pull out at the peak.
5)The middle class loses trillions, the economy craters and martial law is declared.
6)The U.S. then becomes a brutal authoritarian christian nationalist state as per project 2025.

It makes sense, Trump is old and will be dead soon anyways so he has nothing to lose. Why risk jail time when he could be living the dream like Putin and Kim Jong Un?. Trump even mentioned how much he admired the idea of a family dynasty like North Korea. Most people will be okay as long as they remain obedient sheep who do as they are told. Not my thing but whatever starts your tractor I guess.

I'm just happy as hell I don't live there and things are pretty boring up here in Canada.

[Marco]

Indeed, and many countries threatened to dump all these bonds overnight and implode the U.S. economy if they didn't smarten up.

They have not. Naive people just think that's a threat to the US.

You're extremely naive though to think Xi would let China enter trade balance in the near future, unless forced to by tariffs. He wants yet more outsourcing, yet more foreign dependence. He ain't done with neomercantilism by a long shot, though he has refocused on Europe a bit.

[Electrodynamic]

Indeed, and many countries threatened to dump all these bonds overnight and implode the U.S. economy if they didn't smarten up.

They have not. Naive people just think that's a threat to the US.

You're extremely naive though to think Xi would let China enter trade balance in the near future, unless forced to by tariffs. He wants yet more outsourcing, yet more foreign dependence. He ain't done with neomercantilism by a long shot, though he has refocused on Europe a bit.

In fact, I heard through many friends in government circles that Canada, the EU and China are dumping large amounts of U.S. bonds verified by countless sources.

https://www.cbc.ca/news/business/us-bonds-market-1.7505606
https://dailyhodl.com/2025/02/21/china-japan-and-uk-dump-81000000000-in-us-treasuries-in-just-one-month-as-china-pours-capital-into-gold/
https://kdwalmsley.substack.com/p/china-and-the-brics-are-dumping-us

Not only are they dumping bonds but tourism, investment and trade have also cratered. Not rocket science, if you piss off and threaten your customers they are going to look elsewhere. I'm a bad customer and if you cross me once I'm done with no second chances. There are just too many other options.

Trump is quite a businessman isn't he?. Hey let's threaten to destroy all our customers and call them stupid then expect them to visit and buy stuff  .

[themadhippy]

Trump is quite a businessman isn't he?.

Not only a businessman,but  a member of a very small,elite group of businessmen, not many have bankrupted there casino

[Electrodynamic]

Trump is quite a businessman isn't he?.

Not only a businessman,but  a member of a very small,elite group of businessmen, not many have bankrupted there casino

Indeed maybe we got it all wrong, maybe were all naive and should be playing 4D chess like trump.

Maybe all the business people here should try insulting all their customers, calling them stupid or naive and threatening to destroy them to increase sales. Why, I bet all our customers would be lining up just to see who could be insulted the most. Hey you dim witted socialist left wing, cat eating, baby killing violent protester come buy my $600 gold sneakers made in China. You know... it's crazy enough that it could work.

[Cyclotron]

Indeed, and many countries threatened to dump all these bonds overnight and implode the U.S. economy if they didn't smarten up.

They have not. Naive people just think that's a threat to the US.

You're extremely naive though to think Xi would let China enter trade balance in the near future, unless forced to by tariffs. He wants yet more outsourcing, yet more foreign dependence. He ain't done with neomercantilism by a long shot, though he has refocused on Europe a bit.

In fact, I heard through many friends in government circles that Canada, the EU and China are dumping large amounts of U.S. bonds verified by countless sources.

https://www.cbc.ca/news/business/us-bonds-market-1.7505606
https://dailyhodl.com/2025/02/21/china-japan-and-uk-dump-81000000000-in-us-treasuries-in-just-one-month-as-china-pours-capital-into-gold/
https://kdwalmsley.substack.com/p/china-and-the-brics-are-dumping-us

Not only are they dumping bonds but tourism, investment and trade have also cratered. Not rocket science, if you piss off and threaten your customers they are going to look elsewhere. I'm a bad customer and if you cross me once I'm done with no second chances. There are just too many other options.

Trump is quite a businessman isn't he?. Hey let's threaten to destroy all our customers and call them stupid then expect them to visit and buy stuff  .

Mind giving some of those "countless sources?" I reviewed the ones you posted and they don't back you up.
The first link is from April was when the administration announced "liberation day" tariffs. Those tariffs came in higher than expected and there was a large sell off. By the end of April all of that sell of had reversed itself and more.

The second link is about Japan, UK, and China. If you followed the links to the data you'd see that Canada like all EU nations on this list but for Ireland, holds more US treasury today than a year ago. The link for gold claimed China's investment in gold was expected seasonally as they entered the Chinese new year.  Even the BRICs group that your last link talks about are mostly stagnant vs. a year ago.

Did you read this material and the source links?

I'm not sure what you mean by investment, per RBC its at an all-time high.

The only spot I can find any confirmation for your assertions is that the US tourism growth is "soft" but I guess growing still better than declining.

I arrived here in Mississauga yesterday and have had outstanding meetings today. I expect more of the same tomorrow. Obviously we all want the trade issues to subside and things to get back to more normal but I've not seen a lot of doom and gloom. Canada is still as strong a partner to me and my company as ever. I'll be back next week in Toronto for more. Love my visits.

I'm guessing China has alwasy treated you well?

[Jan Steinman]

Unlike the US, where tariff policy was made up by "Ron Vara", an imaginary person. (https://youtu.be/MJbZCbBLqkk, scroll to 6:13)

Holy shit!!

<speechless>

Just about the time you think things couldn't get much weirder…

[Jan Steinman]

Also, Trump doesn't have to worry about re-election and any president after Trump can blame everything on Trump for a couple years.

Thats what the constitution says,but whens that stopped him

I'm not sure who you are quoting, but T'rump has explicitly stated there are ways around the two term limitation.

"If you vote for me now, you won't ever have to vote again!"

From one of his campaign rallies.

[Cyclotron]

The latests news I see on tariffs doesn't line up with a lot of predictions I saw earlier this year.
The first half of 2025 shows that exports held and imports increased. 

GM's street guidance is so good that it has raised Ford's stock too.

India and the US are reportedly near a deal that will provide for 15-16% rates and India pulling back from oil purchases from Russia.

Canada and the US may be near signing an agreement on sectorial tarrif agreements.

I know its shocking, but it is being reported that China's economic growth appears to be stalling and may have trouble on the horizon. Expectations of growth are not being met and many exporting companies are having to cut profits to sell.

[Electrodynamic]

The latests news I see on tariffs doesn't line up with a lot of predictions I saw earlier this year.
The first half of 2025 shows that exports held and imports increased. 

GM's street guidance is so good that it has raised Ford's stock too.

India and the US are reportedly near a deal that will provide for 15-16% rates and India pulling back from oil purchases from Russia.

Canada and the US may be near signing an agreement on sectorial tarrif agreements.

I know its shocking, but it is being reported that China's economic growth appears to be stalling and may have trouble on the horizon. Expectations of growth are not being met and many exporting companies are having to cut profits to sell.

It's debatable, trump fired and replaced many of the government officials posting negative job and growth numbers. So it's pretty obvious the numbers have little credibility. Can you imagine, firing people for doing their job and publishing the facts, it's fubar.

https://apnews.com/article/trump-jobs-firing-f00e9bf96d0110519be9bf4f3ec89195

President Donald Trump on Friday removed the head of the agency that produces the monthly jobs figures after a report showed hiring slowed in July and was much weaker in May and June than previously reported.

Not to mention the fact the U.S. government has been shut down for a month because they refuse to swear in the duly elected representative Adelita Grijalva. She holds the vote to release the Epstein Files in which trump and many of his friends are named. In fact, Prince Andrew just stepped down and was stripped of his titles knowing full well he is in the soon to be released Epstein files. 

In my opinion, most countries are playing the tariff waiting game. When the Epstein files are released trump is finished, the GOP will probably implode and the tariffs eventually removed.

On China, you find it shocking that growth has slowed because the U.S. has gerry rigged the trade system against them with massive tariffs and market manipulation?. It may work short term however everyone knows the U.S. cannot complete with them long term. Case in point, China would obliterate the global EV market if it wasn't for the 100% U.S. tariffs and market manipulation. Fair trade, right 

[Marco]

In fact, I heard through many friends in government circles that Canada, the EU and China are dumping large amounts of U.S. bonds verified by countless sources.

Okay, naive people and gold bugs.

My evidence is the Yuan Dollar exchange rate ... they aren't dumping dollars.

[Cyclotron]

The latests news I see on tariffs doesn't line up with a lot of predictions I saw earlier this year.
The first half of 2025 shows that exports held and imports increased. 

GM's street guidance is so good that it has raised Ford's stock too.

India and the US are reportedly near a deal that will provide for 15-16% rates and India pulling back from oil purchases from Russia.

Canada and the US may be near signing an agreement on sectorial tarrif agreements.

I know its shocking, but it is being reported that China's economic growth appears to be stalling and may have trouble on the horizon. Expectations of growth are not being met and many exporting companies are having to cut profits to sell.

It's debatable, trump fired and replaced many of the government officials posting negative job and growth numbers. So it's pretty obvious the numbers have little credibility. Can you imagine, firing people for doing their job and publishing the facts, it's fubar.

https://apnews.com/article/trump-jobs-firing-f00e9bf96d0110519be9bf4f3ec89195

President Donald Trump on Friday removed the head of the agency that produces the monthly jobs figures after a report showed hiring slowed in July and was much weaker in May and June than previously reported.

Not to mention the fact the U.S. government has been shut down for a month because they refuse to swear in the duly elected representative Adelita Grijalva. She holds the vote to release the Epstein Files in which trump and many of his friends are named. In fact, Prince Andrew just stepped down and was stripped of his titles knowing full well he is in the soon to be released Epstein files. 

In my opinion, most countries are playing the tariff waiting game. When the Epstein files are released trump is finished, the GOP will probably implode and the tariffs eventually removed.

On China, you find it shocking that growth has slowed because the U.S. has gerry rigged the trade system against them with massive tariffs and market manipulation?. It may work short term however everyone knows the U.S. cannot complete with them long term. Case in point, China would obliterate the global EV market if it wasn't for the 100% U.S. tariffs and market manipulation. Fair trade, right 

Tin foil hats for everyone! Everyone loves a good conspiracy but that's not even a good one. I suppose the last administration was so inept that they passed up the opportunity to sink all of their foes with those files. Maybe he had them stored in his garage beside his corvette.

The person fired also misreported jobs during the last administration but none of that has anything to do with the news I posted. Cherry picking parts? I tell you, I can't imagine someone posting such stuff about a person that was just doing their job reporting the wrong facts. Can't hold them responsible for any of these mistakes.

I am not surprised that China is substantially impacted. My inference is that there are plenty of folks that believe that China is immune to the US and world's trade issues. They are not.

[Electrodynamic]

On tariffs, I think many forget basic human nature.

As a customer, if you screw me over or worse threaten my economy and country, we are finished. As such I and my companies have blacklisted all U.S. products where possible for the foreseeable future. It's not political it's personal and if any party or country did this my reaction would be the same.

So it's difficult to wrap mind mind around the mass delusion were seeing in the U.S.. Do they think they can just shaft everyone else then say "hey come visit and spend your money"?,  .

As a businessman I can understand China, they just want to build inexpensive stuff and sell it to everyone. I can respect that and have a similar philosophy. This is very different from a liar, felon and supposed pedophile threatening to destroy my country if I do not comply with their demands. So this deluded notion that it's just business as usual is far from true imo.

[Cyclotron]

On China, you find it shocking that growth has slowed because the U.S. has gerry rigged the trade system against them with massive tariffs and market manipulation?. It may work short term however everyone knows the U.S. cannot complete with them long term. Case in point, China would obliterate the global EV market if it wasn't for the 100% U.S. tariffs and market manipulation. Fair trade, right 

You're hilarious. That evil Canada US 100% tariffs on China EVs.

The US also has 100% tariff on China EVs, the previous administration implemented that.

You might want to look up what "fair trade" means. Just saying.   

[Marco]

As a businessman I can understand China, they just want to build inexpensive stuff and sell it to everyone.

Most of China would rather be more wealthy and have 40 hour work weeks.

Xi wants his population to work 996 to drive his geopolitical opponents into dependency, for a few decades more. A generation of Chinese in bondage to Xi's geopolitics.

[Electrodynamic]

On China, you find it shocking that growth has slowed because the U.S. has gerry rigged the trade system against them with massive tariffs and market manipulation?. It may work short term however everyone knows the U.S. cannot complete with them long term. Case in point, China would obliterate the global EV market if it wasn't for the 100% U.S. tariffs and market manipulation. Fair trade, right 

You're hilarious. That evil Canada US 100% tariffs on China EVs.

The US also has 100% tariff on China EVs, the previous administration implemented that.

You might want to look up what "fair trade" means. Just saying.   

Weird, I also find your responses hilarious.

First, "Canada announced its tariff in August 2024, noting that it was “following the lead of the U.S. and European Union”

"The U.S. had already moved to impose similar restrictive measures on Chinese EVs, and by aligning, Canada arguably sought to present a united front with major Western trading partners. This alignment helps Canada avoid being singled out, and may bolster its negotiating
leverage."

However, since the U.S. has thrown Canada and it's allies under the bus there is a very good chance all the EV tariffs in Canada could be lifted soon. Which of course would obliterate all U.S. EV sales. Most consumers would easily buy a BYD EV, which is superior to Tesla at half the price.

Not rocket science and as the Canadian PM Mark Carney said about protecting the U.S markets "Those days are over".

[Marco]

Most consumers would easily buy a BYD EV, which is superior to Tesla at half the price.

Check the prices in say Mexico, not China. Canadians might do it out of spite, but I'd wait a little till other spitefuls put a couple 10s of thousands on the road first.

[Cyclotron]

On China, you find it shocking that growth has slowed because the U.S. has gerry rigged the trade system against them with massive tariffs and market manipulation?. It may work short term however everyone knows the U.S. cannot complete with them long term. Case in point, China would obliterate the global EV market if it wasn't for the 100% U.S. tariffs and market manipulation. Fair trade, right 

You're hilarious. That evil Canada US 100% tariffs on China EVs.

The US also has 100% tariff on China EVs, the previous administration implemented that.

You might want to look up what "fair trade" means. Just saying.   

Weird, I also find your responses hilarious.

First, "Canada announced its tariff in August 2024, noting that it was “following the lead of the U.S. and European Union”

"The U.S. had already moved to impose similar restrictive measures on Chinese EVs, and by aligning, Canada arguably sought to present a united front with major Western trading partners. This alignment helps Canada avoid being singled out, and may bolster its negotiating
leverage."

However, since the U.S. has thrown Canada and it's allies under the bus there is a very good chance all the EV tariffs in Canada could be lifted soon. Which of course would obliterate all U.S. EV sales. Most consumers would easily buy a BYD EV, which is superior to Tesla at half the price.

Not rocket science and as the Canadian PM Mark Carney said about protecting the U.S markets "Those days are over".

I get it.. You've expressed it, now hopefully the healing can begin. Nations can be friends and still be concerned about their own nations best outcomes. Keep beating up those dirty mericans!   

You do know that EVs are passé these days right?

You're just trolling, I know. But go on, tell us about your expertise in BYD EVs and Tesla for that matter. How you know about about what "most consumers" will do and all. What other alternative facts ya got? Why does it matter that Canada's 100% tariff on China followed the US's?  Do you blame Joe Biden for all of this or does Donny get it because "reasons"?

There's lots of EV builders in the market. The Arrow concept out of Canada is interesting. There's several hybrids built in Canada, why would you not promote one of those? Do you hate the stuff you guys build too?

  

[Cyclotron]

Most consumers would easily buy a BYD EV, which is superior to Tesla at half the price.

Check the prices in say Mexico, not China. Canadians might do it out of spite, but I'd wait a little till other spitefuls put a couple 10s of thousands on the road first.

BYD could open car factoriers in Canada, Mexico, even the US. They build busses in the US and Canada today.
But they have said they are backing out of the Canadian market.

But really?  EVs are like a very very small number of autos built and purchased. By far the highest demand is on Hybrids and that's likely to remain true for a good while unfortunately.

[Cyclotron]

Pretty wild. Ontario CA took out an Ad in the US that misrepresents a speech by Ronald Reagan. That appears to have triggered the president to cancel trade negotiations with Canada.

The optics here are surreal. Is it that common for governments to advertise in another country outside of tourism?  To me, it isn't dissimilar to nation states misinformation campaigns online but they try to hide the source of those.

Did the creators and authors really think that the misrepresentation would be taken well and it would somehow have a positive outcome?

[tszaboo]

Most consumers would easily buy a BYD EV, which is superior to Tesla at half the price.

Check the prices in say Mexico, not China. Canadians might do it out of spite, but I'd wait a little till other spitefuls put a couple 10s of thousands on the road first.

BYD could open car factoriers in Canada, Mexico, even the US. They build busses in the US and Canada today.
But they have said they are backing out of the Canadian market.

But really?  EVs are like a very very small number of autos built and purchased. By far the highest demand is on Hybrids and that's likely to remain true for a good while unfortunately.

They are building factories in Europe. It goes like a disorganized mess, where they continually hire and fire people and move around the opening time every week. As the saying goes: We don't know what we are doing to confuse the enemy.

[PlainName]

Is it that common for governments to advertise in another country outside of tourism?

Is Instagram the country of the United States?

Did the creators and authors really think that the misrepresentation would be taken well and it would somehow have a positive outcome?

Trump and his administration seem to think it works for them. See, for instance, the 'war' in Democrat states where the videos of the riots are actually from somewhere else or many years ago. What's sauce for the goose, etc.

That appears to have triggered the president to cancel trade negotiations with Canada.

Yep, the response should have been expected. Trump has such a thin skin that some kind of retaliation would be in the works. Even though he disses other countries and then expects them to engage meaningfully in negotiations, one can't expect the same from him.

And... Regan did actually say all that stuff, just not in that order. But it's like I've just quoted you out of order - are you going to threaten copyright or worse on me for that? Did I affect the tenor of your post?

[Electrodynamic]

Pretty wild. Ontario CA took out an Ad in the US that misrepresents a speech by Ronald Reagan. That appears to have triggered the president to cancel trade negotiations with Canada.

The optics here are surreal. Is it that common for governments to advertise in another country outside of tourism?  To me, it isn't dissimilar to nation states misinformation campaigns online but they try to hide the source of those.

Did the creators and authors really think that the misrepresentation would be taken well and it would somehow have a positive outcome?

Did you even read the article?, it literally outlines how Reagan was for free trade and against tariffs.

Quote: In the original, Reagan praises the economic benefits of free trade and continues: "Now, that message of free trade is one I conveyed to Canada's leaders a few weeks ago, and it was warmly received there. Indeed, throughout the world there's a growing realisation that the way to prosperity for all nations is rejecting protectionist legislation and promoting fair and free competition."

Do you think the Canadian PM Mark Carney would have a complete melt down and cancel trade negotiations if any U.S. state ran an ad critical of his policy?. Well no, it's psychotic and infantile. I really miss the days when politicians didn't have temper tantrums and acted like adults.

[Cyclotron]

Is it that common for governments to advertise in another country outside of tourism?

Is Instagram the country of the United States?

Are you saying the Ads were only ran on Instagram?
The news of the 75 million dollars being spent indicates a broad distribution of the Ads.

Did the creators and authors really think that the misrepresentation would be taken well and it would somehow have a positive outcome?

Trump and his administration seem to think it works for them. See, for instance, the 'war' in Democrat states where the videos of the riots are actually from somewhere else or many years ago. What's sauce for the goose, etc.

I agree, the misrepresentation is that bad and that's a great example.

That appears to have triggered the president to cancel trade negotiations with Canada.

Yep, the response should have been expected. Trump has such a thin skin that some kind of retaliation would be in the works. Even though he disses other countries and then expects them to engage meaningfully in negotiations, one can't expect the same from him.

And... Regan did actually say all that stuff, just not in that order. But it's like I've just quoted you out of order - are you going to threaten copyright or worse on me for that? Did I affect the tenor of your post?

There can be debate about creating the misrepresentation, if its fair use to use the snippets under copyright. But, I would think if those folks doing this would know what bear they are poking. The folks that own the rights are obviously very very likely to have a particular political view.  Just dumb of them if they thought, 'oh they'll love it and not threaten us with copyright or anything'.

I agree, it is very obvious the response the ads would generate; adolescent at best and they should be welcoming the adolescent response as they got exactly what they asked for.