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Trade War First Shot Fired

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Forum Description: Political Discussion; All about politics
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Printed Date: March 29 2024 at 8:59am


Topic: Trade War First Shot Fired
Posted By: Satori
Subject: Trade War First Shot Fired
Date Posted: March 22 2018 at 10:44am

Trump to Issue New Tariffs on China: 301 Trade Violation Investigation Concludes

https://www.redstate.com/slee/2018/03/22/tariffs-china-expected-301-trade-violation-investigation-concludes/


wow

not sure how I feel about this

China has definitely taken advantage of the US for quite some time now and both Dems and Repubs have let them get away with it

I have give Trump at least some credit in attempting to stand up to them

they are literally THIEVES when it comes to intellectual property

hopefully this won't result in a full fledged trade war though

China is very much a BULLY when it comes to trade

and at some point you HAVE to stand up to a bully and let the chips fall where they may



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“The point of modern propaganda isn’t only to misinform or push an agenda. It is to exhaust your critical thinking, to annihilate truth.” Gary Kasparov



Replies:
Posted By: Technophobe
Date Posted: March 22 2018 at 12:13pm
You seem to be on roughly the same page as me, Satori.

Where people are concerned, I fail to find words bad enough to describe Trump.  Sleazeball, liar, conman and womaniser are so mild to describe such a  hail s**t- storm of nasty.

But, he does seem to be rather good at the business stuff.  He seems to have a pretty strong backbone when it comes to the playground bully too.

I only hope he does not really start a full trade war.  That could be really nasty and all victories tend to be be pyrrhic.  Hopefully China, who are in the wrong, will accept things, or negotiate a compromise.  It would be in their interests to do so as well.


-------------
How do you tell if a politician is lying?
His lips or pen are moving.


Posted By: carbon20
Date Posted: March 22 2018 at 2:16pm
China will INVADE Taiwan soon...............




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Everything we hear is an opinion, not a fact. Everything we see is a perspective, not the truth.🖖

Marcus Aurelius


Posted By: Satori
Date Posted: March 22 2018 at 3:56pm

Forget trade — the Trump administration just crossed a far more dangerous 'red line' with China

http://www.businessinsider.com/trump-signs-taiwan-order-despite-warnings-from-china-2018-3


and in other news

neo-con WARMONGER John Bolton has signed on with team TrumpDead



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“The point of modern propaganda isn’t only to misinform or push an agenda. It is to exhaust your critical thinking, to annihilate truth.” Gary Kasparov


Posted By: carbon20
Date Posted: March 22 2018 at 4:12pm
MADNESS..........

-------------
Everything we hear is an opinion, not a fact. Everything we see is a perspective, not the truth.🖖

Marcus Aurelius


Posted By: Satori
Date Posted: March 22 2018 at 5:34pm
it's on

China responds to Trump tariffs with proposed list of 128 US products to target

https://www.cnbc.com/2018/03/22/china-responds-to-trump-tariffs-with-proposed-list-of-us-products-to-target.html



-------------
“The point of modern propaganda isn’t only to misinform or push an agenda. It is to exhaust your critical thinking, to annihilate truth.” Gary Kasparov


Posted By: Technophobe
Date Posted: March 22 2018 at 5:43pm
Something is going on here that we are missing.  Trump is all about profit, not human rights.  So, why stand up to China over Taiwan?  It does not make good business sense; ergo we missed something.


-------------
How do you tell if a politician is lying?
His lips or pen are moving.


Posted By: Satori
Date Posted: May 17 2018 at 6:01pm
https://www.dailykos.com/stories/2018/5/17/1765088/-American-farmers-lose-and-Russia-gains-after-China-places-record-soybean-order" rel="nofollow - American farmers lose and Russia gains after China places record soybean order

https://www.dailykos.com/stories/2018/5/17/1765088/-American-farmers-lose-and-Russia-gains-after-China-places-record-soybean-order

China, the world’s biggest soybean importer, almost tripled purchases from Russia amid a trade dispute with the U.S., the biggest producer.

Russia  http://www.fsvps.ru/fsvps/news/26519.html" rel="nofollow - sold  about 850,000 metric tons of soybeans to China from the start of the 12-month season in July through mid-May, according to Russia’s agriculture agency Rosselkhoznadzor. That’s more than during any season before and compares with about 340,000 tons sold during all of the previous period, Chinese customs data show.

China has already  https://www.bloomberg.com/news/terminal/P866WS6KLVR4" rel="nofollow - canceled  several shipments from the U.S. in anticipation of tariffs on the country’s products. While Brazil is  https://www.bloomberg.com/news/articles/2018-05-09/china-food-giant-is-said-to-expand-in-brazil-amid-u-s-tensions" rel="nofollow - expected  to take much of that market share, Russia is also benefiting.

Once again, Donald Trump has taken an action that is directly benefiting Vladmir Putin and the Russian people. Why? Putin’s gamble to boost the Trump campaign and keep Hillary Clinton out of the Oval Office is paying off nicely.



-------------
“The point of modern propaganda isn’t only to misinform or push an agenda. It is to exhaust your critical thinking, to annihilate truth.” Gary Kasparov


Posted By: EdwinSm,
Date Posted: May 17 2018 at 10:28pm
China seems to be trying to cool the trade war, amid the realisation that this negatively affects its citizens

Originally posted by BBC BBC wrote:

China says it is dropping an anti-dumping probe into sorghum imports from the US, as the two sides discuss ways of easing trade tensions.

In April, http://www.bbc.co.uk/news/business-43805549" rel="nofollow - Beijing introduced a high tariff on the imports as part of a tit-for-tat trade spat between with the US.

But China's commerce ministry has now said the measures affect consumers and are not in the public interest.

The US is the world's leading producer of sorghum, and is the largest supplier of the grain to China.


http://www.bbc.com/news/world-asia-china-44164949" rel="nofollow - http://www.bbc.com/news/world-asia-china-44164949

Now all that is needed is for someone to support the American citizens from the effects of higher prices from a trade war.


Posted By: carbon20
Date Posted: June 09 2018 at 7:46pm
WELCOME TO CHUMPS USA......

US farm belt tries to head off another surge in suicides

http://www.france24.com/en/20180610-us-farm-belt-tries-head-off-another-surge-suicides" rel="nofollow - http://www.france24.com/en/20180610-us-farm-belt-tries-head-off-another-surge-suicides

IL


-------------
Everything we hear is an opinion, not a fact. Everything we see is a perspective, not the truth.🖖

Marcus Aurelius


Posted By: Dutch Josh
Date Posted: June 09 2018 at 10:55pm
With the G7 failure and fast growing "EurAsian cooperation" the US-petro-$ may be gone even faster. Europe needs to buy energy outside the EU-zone-so the € (Euro) may become more prominent as a global currency-for the short term. 
On the longer term there will be a "digital-gold backed international currency" for global trade. 

The US simply can not afford to be in conflict with the rest of the world. US sanctions on other countries are backfiring and will do even more damage in the coming months to the US itself. 

Another marketcrash coming ?


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We cannot solve our problems with the same thinking we used when we created them.
~Albert Einstein


Posted By: Satori
Date Posted: June 10 2018 at 4:36am
Trump the "deal maker" ???

don't make me laugh

FAILURE at every turn


-------------
“The point of modern propaganda isn’t only to misinform or push an agenda. It is to exhaust your critical thinking, to annihilate truth.” Gary Kasparov


Posted By: carbon20
Date Posted: June 10 2018 at 3:37pm

G7 summit: War of words erupts between US and key allies

  • 1 hour ago
  • https://www.bbc.com/news/world-us-canada-44430000#" rel="nofollow - https://www.bbc.com/news/world-us-canada-44430000#" rel="nofollow - https://www.bbc.com/news/world-us-canada-44430000#" rel="nofollow - - mailto:?subject=Shared%20from%20BBC%20News&body=https%3A%2F%2Fwww.bbc.com%2Fnews%2Fworld-us-canada-44430000" rel="nofollow - https://www.bbc.com/news/world-us-canada-44430000#share-tools" rel="nofollow - -
Photo from the G7 summit of the leaders, tweeted by the German government on 9 June 2018Image copyrightAFPImage captionThe final communique had been intended as a face-saving agreement after a bad-tempered summit

A war of words has erupted between the US and its G7 allies, hours after the group had put on an apparent show of unity at the end of a tense summit.

US President Donald Trump and two of his advisers lashed out at Canadian PM Justin Trudeau, accusing him of engaging in "bad faith diplomacy".

Germany's Angela Merkel said Mr Trump's decision to reject a joint communique was "sobering" and "depressing".

That statement had sought to overcome deep disagreements, notably over trade.

  • https://www.bbc.com/news/world-us-canada-44426442" rel="nofollow - What's happening in this G7 picture?
  • https://www.bbc.com/news/world-asia-44429468" rel="nofollow - Trump prefers unscripted Kim summit to G7 ritual

In recent weeks, trading partners of the US have criticised new tariffs on steel and aluminium imports imposed by the Trump administration.

So how did the latest spat unfold?

In a news conference after the summit, the Canadian leader reasserted his opposition to the US tariffs, and vowed to press ahead with retaliatory moves on 1 July.

"Canadians are polite and reasonable but we will also not be pushed around," he said.


Media captionTrudeau: "I don't want to hurt American workers"

Mr Trump responded by tweeting en route to his next summit, in Singapore, that he had instructed US officials "not to endorse the communique as we look at tariffs on automobiles".

He said the move was based on Mr Trudeau's "false statements... and the fact that Canada is charging massive tariffs to our US farmers, workers and companies".

https://www.bbc.com/news/world-us-canada-44430000#jump-linkhttps://twitter.com/realDonaldTrump/status/1005586562959093760" rel="nofollow - Skip Twitter post by @realDonaldTrump
https://twitter.com/realDonaldTrump" rel="nofollow">
https://twitter.com/realDonaldTrump" rel="nofollow -
https://twitter.com/realDonaldTrump/status/1005586562959093760" rel="nofollow -

PM Justin Trudeau of Canada acted so meek and mild during our https://twitter.com/g7" rel="nofollow - https://twitter.com/realDonaldTrump/status/1005586562959093760" rel="nofollow - 7:04 AM - Jun 10, 2018

  • https://twitter.com/intent/like?tweet_id=1005586562959093760" rel="nofollow -
    https://www.bbc.co.uk/news/contact-us/editorial" rel="nofollow - Report

End of Twitter post by @realDonaldTrump

His top economic adviser, Larry Kudlow, and trade adviser, Peter Navarro, then took to the Sunday morning news shows to further attack Mr Trudeau.

"He really kind of stabbed us in the back," Mr Kudlow said, while Mr Navarro said: "There is a special place in Hell for any leader that engages in bad faith diplomacy with President Donald J Trump and then tries to stab him in the back on the way out the door."

Canada's Foreign Minister Chrystia Freeland responded by saying Mr Trump's argument for imposing tariffs on Canadian steel and aluminium was "absurd and frankly insulting to Canadians".

Mr Trump has cited national security as his reason, telling a news conference on Saturday that "to have a great military you need a great balance sheet".

Canada, she said, is "the closest and strongest ally the United States has had. We can't pose a security threat to the United States and I know that Americans understand that".

Other G7 partners also seemed stunned by Mr Trump's reaction, and pledged to support the communique.


Media captionWho left their mark on President Trump at the G7 summit?

French President Emmanuel Macron said international co-operation could not be "dictated by fits of anger and throwaway remarks".

"Let's be serious and worthy of our people," a statement from the French presidency said. "We make commitments and keep to them."

What is in the joint communique?

In  https://g7.gc.ca/en/official-documents/charlevoix-g7-summit-communique/" rel="nofollow - the communique  after the summit in La Malbaie, Quebec province, the group of major industrial nations - Canada, the US, the UK, France, Italy, Japan and Germany - had agreed on the need for "free, fair, and mutually beneficial trade" and the importance of fighting protectionism.

Other agreements reached include:

  • Russia:  https://www.bbc.co.uk/news/uk-44427668" rel="nofollow - A joint demand that Moscow "cease with its destabilising behaviour"  and withdraw its support for Syrian President Bashar al-Assad
  • Iran: A pledge to "permanently" ensure Tehran's nuclear programme remains peaceful
  • Climate: An agreement to disagree. The US refused to sign a pledge to implement the Paris climate change accord after Mr Trump announced the US would pull out of the agreement
  • Female education: To provide $2.9bn (£2.2bn; €2.5bn) to fund  https://www.bbc.co.uk/news/world-us-canada-44427548" rel="nofollow - education for the world's poorest girls and women

Mr Trump's twitter attack on Mr Trudeau came minutes after the communique had been published.

What are the tariffs?

On 1 June, the US imposed a 25% tariff for steel and 10% for aluminium on imports from the European Union (EU), Canada, and Mexico. Mr Trump said the move would protect domestic producers that were vital to US security.

The EU then announced retaliatory tariffs on US goods ranging from Harley-Davidson motorcycles to bourbon. Canada and Mexico are also taking action.

  • https://www.bbc.co.uk/news/business-44398662" rel="nofollow - A looming row over trade
  • https://www.bbc.co.uk/news/world-43512098" rel="nofollow - What is a trade war?
  • https://www.bbc.co.uk/news/business-44320727" rel="nofollow - How allies are retaliating against Trump

Media captionDairy wars: Why is Trump threatening Canada over milk?

What is the G7?

It is an annual summit bringing together seven major industrialised nations which represent more than 60% of global net worth between them.

Economics tops the agenda, although the meetings now always branch off to cover major global issues.

Russia was suspended from the group - then called the G8 - in 2014 because of its annexation of Crimea from Ukraine.

On Friday, Mr Trump made a surprise call for Moscow to be readmitted but German Chancellor Angela Merkel said other members were against the idea.

The best way to get news on the go

Download the BBC News App.
 
https://play.google.com/store/apps/details?id=bbc.mobile.news.ww&hl=en" rel="nofollow"> https://itunes.apple.com/us/app/bbc-news/id364147881?mt=8" rel="nofollow">

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      -------------
      Everything we hear is an opinion, not a fact. Everything we see is a perspective, not the truth.🖖

      Marcus Aurelius


    Posted By: Satori
    Date Posted: June 13 2018 at 12:24am
    https://www.dailykos.com/stories/2018/6/12/1771539/-Canadian-Parliament-Votes-to-Unanimously-Condemn-Trump" rel="nofollow - Canadian Parliament Votes Unanimously To Condemn Trump

    https://www.dailykos.com/stories/2018/6/12/1771539/-Canadian-Parliament-Votes-to-Unanimously-Condemn-Trump

    Canada,one of our oldest and staunchest allies gives Trump the middle finger LOL

    but hey

    we're getting along great with the corrupt mass murderer who runs North Korea

    Trump "The Art of the Deal" ????????   LOLLOLLOL


    -------------
    “The point of modern propaganda isn’t only to misinform or push an agenda. It is to exhaust your critical thinking, to annihilate truth.” Gary Kasparov


    Posted By: carbon20
    Date Posted: June 13 2018 at 1:52am
    ClapClap well said 

    -------------
    Everything we hear is an opinion, not a fact. Everything we see is a perspective, not the truth.🖖

    Marcus Aurelius


    Posted By: Satori
    Date Posted: June 22 2018 at 12:59pm

    10 supermarket staples set to become more expensive with new EU tariffs


    https://www.yahoo.com/finance/photos/10-supermarket-staples-set-become-slideshow-wp-160243360/

    thank you Trump
    we all need higher grocery billsConfused

    deal maker ???

    LOL !!!


    -------------
    “The point of modern propaganda isn’t only to misinform or push an agenda. It is to exhaust your critical thinking, to annihilate truth.” Gary Kasparov


    Posted By: Satori
    Date Posted: June 25 2018 at 4:52pm
    https://www.dailykos.com/stories/2018/6/25/1775169/-Owner-of-Missouri-nail-company-says-Trump-s-tariffs-will-force-them-out-of-business-by-Labor-Day" rel="nofollow - Owner of Missouri nail company says Trump's tariffs will force them out of business by Labor Day

    https://www.dailykos.com/stories/2018/6/25/1775169/-Owner-of-Missouri-nail-company-says-Trump-s-tariffs-will-force-them-out-of-business-by-Labor-Day

    and Harley Davis is building a new plant
    NOT in the US
    but in Thailand
    cost of their product may go up by $2200

    MAGA !!! Dead


    -------------
    “The point of modern propaganda isn’t only to misinform or push an agenda. It is to exhaust your critical thinking, to annihilate truth.” Gary Kasparov


    Posted By: Satori
    Date Posted: June 26 2018 at 5:29am

    The first layoffs from Trump’s tariffs are here


    https://www.msn.com/en-us/money/markets/the-first-layoffs-from-trump%e2%80%99s-tariffs-are-here/ar-AAza55V?li=BBnb7Kz" rel="nofollow - https://www.msn.com/en-us/money/markets/the-first-layoffs-from-trump%e2%80%99s-tariffs-are-here/ar-AAza55V?li=BBnb7Kz

    the ones who will suffer the most
    are the ones who supported Trump the most

    seems fair


    -------------
    “The point of modern propaganda isn’t only to misinform or push an agenda. It is to exhaust your critical thinking, to annihilate truth.” Gary Kasparov


    Posted By: Satori
    Date Posted: June 26 2018 at 4:54pm
    and the pain continues

    https://www.dailykos.com/stories/2018/6/26/1775639/-Company-of-Ohio-voter-who-did-not-take-Trump-s-tariff-threats-literally-now-out-700-000" rel="nofollow - Company of Ohio voter who did not take Trump's tariff threats literally now out $700,000

    https://www.dailykos.com/stories/2018/6/26/1775639/-Company-of-Ohio-voter-who-did-not-take-Trump-s-tariff-threats-literally-now-out-700-000

    simple law of the universe

    you make bad choices
    bad things tend to happen to you


    -------------
    “The point of modern propaganda isn’t only to misinform or push an agenda. It is to exhaust your critical thinking, to annihilate truth.” Gary Kasparov


    Posted By: Satori
    Date Posted: July 09 2018 at 7:31pm
    https://www.dailykos.com/stories/2018/7/9/1779267/-Soybeans-were-America-s-top-agricultural-export-in-2017-Trump-s-ensuring-they-won-t-be-anymore" rel="nofollow - Soybeans were America's top agricultural export in Eight of the https://www.statista.com/statistics/192076/top-10-soybean-producing-us-states/" rel="nofollow - top ten soybean export states voted for Trump in 2016."


    too bad
    soooooo  sad


    -------------
    “The point of modern propaganda isn’t only to misinform or push an agenda. It is to exhaust your critical thinking, to annihilate truth.” Gary Kasparov


    Posted By: Satori
    Date Posted: July 10 2018 at 7:40am
    https://www.dailykos.com/stories/2018/7/10/1779389/-Tariffs-cause-BMW-to-move-production-out-of-South-Carolina" rel="nofollow - Tariffs cause BMW to move production out of South Carolina
    https://www.dailykos.com/stories/2018/7/10/1779389/-Tariffs-cause-BMW-to-move-production-out-of-South-Carolina

    gosh
    with all this "winning" going on
    I need to take a napLOL



    -------------
    “The point of modern propaganda isn’t only to misinform or push an agenda. It is to exhaust your critical thinking, to annihilate truth.” Gary Kasparov


    Posted By: EdwinSm,
    Date Posted: July 10 2018 at 10:43pm
    The irony of  German firm beating all the big American one in the export game "BMW exports more cars from the US than does GM, Ford, or anyone else."

    This indicates more of a management problem in America firms not being geared to export, but it is easier to blame others for our own shortfalls than to admit them.


    Posted By: Satori
    Date Posted: July 11 2018 at 6:24am

    $152,237,500,000: Merchandise Trade Deficit With China Hit Record Through May

    https://www.cnsnews.com/news/article/terence-p-jeffrey/152237500000-merchandise-trade-deficit-china-hit-record-through-may

    thank goodness we have the "great negotiator" in the White HouseLOL


    -------------
    “The point of modern propaganda isn’t only to misinform or push an agenda. It is to exhaust your critical thinking, to annihilate truth.” Gary Kasparov


    Posted By: Satori
    Date Posted: July 11 2018 at 7:09am
    https://www.dailykos.com/stories/2018/7/10/1779556/-Trump-s-DAIRY-DISASTER" rel="nofollow - Trump's 'DAIRY DISASTER'

    https://www.dailykos.com/stories/2018/7/10/1779556/-Trump-s-DAIRY-DISASTER

    Trump's Presidency=dumpster fire

    any more "winning" and we'll all be  in the poor house


    -------------
    “The point of modern propaganda isn’t only to misinform or push an agenda. It is to exhaust your critical thinking, to annihilate truth.” Gary Kasparov



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