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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Trumpenomics

Trumpenomics

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  • jon-nycJ Offline
    jon-nycJ Offline
    jon-nyc
    wrote last edited by jon-nyc
    #743

    This is unsurprising.

    US trade delegation asks the Japanese delegation what they were ready to offer. Japanese delegation says ‘well what do you guys want?’ They couldn’t answer.

    Only non-witches get due process.

    • Cotton Mather, Salem Massachusetts, 1692
    RenaudaR 1 Reply Last reply
    • HoraceH Offline
      HoraceH Offline
      Horace
      wrote last edited by
      #744

      Just more evidence that there was so little to gain with these antics. If one wants to put a coherent frame on it, you'd just have to take seriously the notion of protectionism, higher prices, and more manufacturing jobs. Which is not a better America, but at least it's a comprehensible goal.

      In practice, what will probably happen is that these shenanigans will show up in inflation and jobs numbers, Trump will declare victory over a bunch of nothing-burger concessions by countries that never treated America unfairly to begin with, and the fate of the whole exercise will be left up to China, who may or may not decide to rub America's nose in it, at significant cost to both countries in the short term, and maybe a benefit to China in the long term.

      Education is extremely important.

      jon-nycJ 1 Reply Last reply
      • jon-nycJ jon-nyc

        This is unsurprising.

        US trade delegation asks the Japanese delegation what they were ready to offer. Japanese delegation says ‘well what do you guys want?’ They couldn’t answer.

        RenaudaR Offline
        RenaudaR Offline
        Renauda
        wrote last edited by
        #745

        @jon-nyc

        US trade delegation asks the Japanese delegation what they were ready to offer. Japanese delegation says ‘well what do you guys want?’ They couldn’t answer.

        Well the US g’ovt could hardly demand that tightening the border to address illegal immigrants or fentanyl trafficking from Japan. They blew both those lame excuses with Canada.

        Maybe Japan as the 52nd state or demand reparations for the war in the Pacific?

        Elbows up!

        1 Reply Last reply
        • MikM Offline
          MikM Offline
          Mik
          wrote last edited by
          #746

          SMH. Normally when one opens a negotiation, if you can call this a negotiation, one has some idea what they want. This just seems to be the fallout from universal tariff declarations. “We’ll just see what they offer”. More laziness.

          “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

          1 Reply Last reply
          • RenaudaR Renauda

            I think trade barriers are also going to be thrown into the mix.

            Like what? Name some.

            You start…

            LuFins DadL Offline
            LuFins DadL Offline
            LuFins Dad
            wrote last edited by
            #747

            @Renauda said in Trumpenomics:

            I think trade barriers are also going to be thrown into the mix.

            Like what? Name some.

            You start…

            I’m sure we can make up some of the same ones they will pretend are real. VATs, over production and subsidization of their domestic manufacturers that are competitive with primary American exports. Low wage standards. The one that keeps getting talked about by some of the more respectable officials that I honestly don’t know much about and would appreciate more insight on is currency manipulation. That is something I would be curious to hear about.

            The Brad

            RenaudaR 1 Reply Last reply
            • LuFins DadL LuFins Dad

              @Renauda said in Trumpenomics:

              I think trade barriers are also going to be thrown into the mix.

              Like what? Name some.

              You start…

              I’m sure we can make up some of the same ones they will pretend are real. VATs, over production and subsidization of their domestic manufacturers that are competitive with primary American exports. Low wage standards. The one that keeps getting talked about by some of the more respectable officials that I honestly don’t know much about and would appreciate more insight on is currency manipulation. That is something I would be curious to hear about.

              RenaudaR Offline
              RenaudaR Offline
              Renauda
              wrote last edited by
              #748

              @LuFins-Dad

              The one that keeps getting talked about by some of the more respectable officials that I honestly don’t know much about and would appreciate more insight on is currency manipulation. That is something I would be curious to hear about.

              As would I. I think it only refers to countries like China, Russia, India and a few others that circulate what is essentially inconvertible currencies. Openly traded currencies like the dollar, Euro and British Pound are governed by their central banks and cannot be manipulated by their host states.

              Elbows up!

              1 Reply Last reply
              • HoraceH Offline
                HoraceH Offline
                Horace
                wrote last edited by Horace
                #749

                Trump's non-tariff trade barriers, posted today:


                NON-TARIFF CHEATING:

                1. Currency Manipulation
                2. VATs which act as tariffs and export subsidies
                3. Dumping Below Cost
                4. Export Subsidies and Other Govt. Subsidies
                5. Protective Agricultural Standards (e.g., no genetically engineered corn in EU)
                6. Protective Technical Standards (Japan’s bowling ball test)
                7. Counterfeiting, Piracy, and IP Theft (Over $1 trillion a year)
                8. Transshipping to EVADE Tariffs!!!

                Education is extremely important.

                1 Reply Last reply
                • RenaudaR Offline
                  RenaudaR Offline
                  Renauda
                  wrote last edited by
                  #750

                  😂

                  Elbows up!

                  1 Reply Last reply
                  • LuFins DadL Offline
                    LuFins DadL Offline
                    LuFins Dad
                    wrote last edited by
                    #751

                    #7 is the only legitimate one listed.

                    The Brad

                    1 Reply Last reply
                    • RenaudaR Offline
                      RenaudaR Offline
                      Renauda
                      wrote last edited by
                      #752

                      Actually #3 is legit as well. No country finds dumping acceptable. But it can be dealt with easily through the WTO process.

                      At a glance the rest are nonsense. Especially subsidies to the agriculture sector. The US is one of the top subsidisers of agri products..

                      Elbows up!

                      LuFins DadL 1 Reply Last reply
                      • RenaudaR Renauda

                        Actually #3 is legit as well. No country finds dumping acceptable. But it can be dealt with easily through the WTO process.

                        At a glance the rest are nonsense. Especially subsidies to the agriculture sector. The US is one of the top subsidisers of agri products..

                        LuFins DadL Offline
                        LuFins DadL Offline
                        LuFins Dad
                        wrote last edited by
                        #753

                        @Renauda said in Trumpenomics:

                        Actually #3 is legit as well. No country finds dumping acceptable. But it can be dealt with easily through the WTO process.

                        At a glance the rest are nonsense. Especially subsidies to the agriculture sector. The US is one of the top subsidisers of agri products..

                        Fair enough.

                        The Brad

                        1 Reply Last reply
                        • AxtremusA Offline
                          AxtremusA Offline
                          Axtremus
                          wrote last edited by
                          #754

                          https://www.reuters.com/business/aerospace-defense/boeing-jet-returns-us-china-victim-trumps-tariff-war-2025-04-20/

                          A completed, air-worthy Boeing 737 MAX that was already in China got returned to the USA -- because Xiamen Airlines, the supposed recipient of that airplane, cannot afford the tariffs and thus cannot take delivery.

                          1 Reply Last reply
                          • jon-nycJ Offline
                            jon-nycJ Offline
                            jon-nyc
                            wrote last edited by
                            #755

                            Gold at an all time high.

                            Only non-witches get due process.

                            • Cotton Mather, Salem Massachusetts, 1692
                            1 Reply Last reply
                            • jon-nycJ Offline
                              jon-nycJ Offline
                              jon-nyc
                              wrote last edited by
                              #756

                              Stocks down. Dollar down. Treasuries down.

                              It’s like the markets are beginning to realize that the real problem isn’t just the tariffs, but having a crazy man with far too much power over the economy.

                              Only non-witches get due process.

                              • Cotton Mather, Salem Massachusetts, 1692
                              1 Reply Last reply
                              • jon-nycJ Offline
                                jon-nycJ Offline
                                jon-nyc
                                wrote last edited by
                                #757

                                Just wait until he figures out how to fire Powell and put Laura Loomer in charge of the Fed.

                                IMG_4635.jpeg

                                Only non-witches get due process.

                                • Cotton Mather, Salem Massachusetts, 1692
                                1 Reply Last reply
                                • Doctor PhibesD Online
                                  Doctor PhibesD Online
                                  Doctor Phibes
                                  wrote last edited by
                                  #758

                                  The semi-coherent ranting is certainly going to do wonders for market confidence.

                                  I was only joking

                                  1 Reply Last reply
                                  • HoraceH Offline
                                    HoraceH Offline
                                    Horace
                                    wrote last edited by
                                    #759

                                    Trump is panicking that the rest of the world isn't cooperating with his insane economic gambits. From Powell to China, everybody is letting him dig his own grave.

                                    Education is extremely important.

                                    1 Reply Last reply
                                    • RenaudaR Offline
                                      RenaudaR Offline
                                      Renauda
                                      wrote last edited by
                                      #760

                                      Sooner or later all autocrats succumb to pathological paranoia. In Trump’s case it is sooner rather than later.

                                      Elbows up!

                                      1 Reply Last reply
                                      • HoraceH Offline
                                        HoraceH Offline
                                        Horace
                                        wrote last edited by
                                        #761

                                        Rebuilding wealth, by intentionally destroying trade relationships which were creating wealth for every American with any economic skin in the game.


                                        @realDonaldTrump

                                        Since our announcement of LIBERATION DAY, many World Leaders and Business Executives have come to me asking for relief from Tariffs. It’s good to see that the World knows we are serious, because WE ARE! They must right the wrongs of decades of abuse, but it won’t be easy for them. We must rebuild the Wealth of our Great Country, and create true RECIPROCITY. But for those who want the easiest path: Come to America, and build in America!

                                        Education is extremely important.

                                        1 Reply Last reply
                                        • 89th8 Offline
                                          89th8 Offline
                                          89th
                                          wrote last edited by
                                          #762

                                          It's like a bully on the playground saying "many kids have come up to me asking for relief from my wedgies!"

                                          1 Reply Last reply
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