IsntLifeFunny Posted September 4, 2018 Author Report Share Posted September 4, 2018 41 minutes ago, ctm said: The only person who can affect trade right now is Trump. What's his score? It’s for sure in the red. Link to post Share on other sites More sharing options...
Starkiller Posted September 4, 2018 Report Share Posted September 4, 2018 4 hours ago, Rolltide said: These are ratings from the Cato institute of senators and how they voted on issues pertaining to free trade and free markets. A higher score means they support those things more. No one gives a fuck what the Cato Institute thinks. They are no impartial arbiter of anything. Link to post Share on other sites More sharing options...
Starkiller Posted September 5, 2018 Report Share Posted September 5, 2018 23 minutes ago, Rolltide said: They are libertarian you moron! Exactly my point, they aren’t impartial. They have their own political angle to spin. Link to post Share on other sites More sharing options...
Starkiller Posted September 5, 2018 Report Share Posted September 5, 2018 7 minutes ago, Rolltide said: Ok you show us the link to the non partisan non agenda driven think tank you would refer to. Brookings, but that has nothing to do with the topic at hand Link to post Share on other sites More sharing options...
Starkiller Posted September 6, 2018 Report Share Posted September 6, 2018 Are we great again yet? https://www.cnbc.com/2018/09/05/us-trade-deficit-jumps-by-the-most-in-3-years.html The U.S. trade deficit increased to a five-month high in July as exports of soybeans and civilian aircraft declined and imports hit a record high, suggesting that trade could be a drag on economic growth in the third quarter. The increase was the biggest monthly widening since 2015. The Commerce Department said on Wednesday the trade gap jumped 9.5 percent to $50.1 billion, widening for a second straight month. Data for June was revised to show the trade deficit rising to $45.7 billion, instead of the previously reported $46.3 billion. The politically sensitive goods trade deficit with China surged 10 percent to a record $36.8 billion. Economists polled by Reuters had forecast the overall trade deficit swelling to $50.3 billion in July. The trade gap continues to widen despite the Trump administration's "America First" policies, which have left the United States embroiled in tit-for-tat tariffs with the European Union, Canada and Mexico as well as an escalating trade war with China. Link to post Share on other sites More sharing options...
Legaltitan Posted September 6, 2018 Report Share Posted September 6, 2018 On 9/3/2018 at 10:48 AM, OILERMAN said: He's literally controlled by a commie! No. Link to post Share on other sites More sharing options...
begooode Posted September 6, 2018 Report Share Posted September 6, 2018 A coalition of business groups are urging President Trump to avoid further escalation of trade tensions with China and not impose another round of billions in tariffs. The National Retail Federation and 150 organizations representing manufacturers, farmers, technology and natural gas companies told U.S. Trade Representative Robert Lighthizer that proposed tariffs on $200 billion in Chinese goods will cause widespread damage across the U.S. economy. “Continuing the tit-for-tat tariff escalation with China only serves to expand the harm to more U.S. economic interests, including farmers, families, businesses and workers,” the coalition wrote in a letter. “Our organizations agree that longstanding issues in China have negatively impacted many U.S. companies, and we support the administration’s efforts to negotiate meaningful, binding and long-term solutions with the Chinese government, (but) applying these high levels of tariffs on Chinese products will continue to miss the mark," the groups wrote. The U.S. and China have already imposed tariffs on $50 billion in each other's imports. China's Commerce Ministry spokesman Gao Feng said Thursday that it would follow through on its promise to slap tariffs on $60 billion in U.S. products if Trump moves ahead with the $200 billion. “If the United States, regardless of opposition, adopts any new tariff measures, China will be forced to roll out necessary retaliatory measures,” he told reporters. The Trump administration may impose upward of 25 percent tariffs on an additional $200 billion worth of Chinese goods as early as this week. The groups expressed concern at the Trump administration’s suggestion that the United States might impose tariffs on all Chinese imports coming into the United States. “The effects of the administration’s actions will most hurt the very consumers, small- and medium-sized businesses, manufacturers, farmers and workers the administration wants to protect,” the letter said. “Should all trade to and from China be subject to tariffs, the impacts and disruptions to the U.S. economy would reach across the entire country, from sector to sector, and negatively impact every American family.” http://thehill.com/policy/finance/405377-us-business-calls-on-trump-to-avoid-imposing-200b-in-tariffs-on-chinese Link to post Share on other sites More sharing options...
OILERMAN Posted September 6, 2018 Report Share Posted September 6, 2018 4 hours ago, Legaltitan said: No. Anyone that saw him next to Putin knows that, his policies show it Link to post Share on other sites More sharing options...
Legaltitan Posted September 6, 2018 Report Share Posted September 6, 2018 1 hour ago, OILERMAN said: Anyone that saw him next to Putin knows that, his policies show it My "no" refers to the idea that Putin is a "Commie." Putin is a totalitarian dictator, willing to exploit whatever is necessary to hold on to power. Interestingly, it is presently the hard right, not the hard left, that is being courted and exploited by Putin. ChesterCopperpot1, pat, and Pragidealist 3 Link to post Share on other sites More sharing options...
begooode Posted September 7, 2018 Report Share Posted September 7, 2018 President Trump said Friday that he is prepared to slap $267 billion in additional tariffs on Chinese products on short notice in addition to the $200 billion he has already promised. Imposing tariffs on $200 billion Chinese products “will take place very soon depending on what happens,” Trump told reporters on Air Force One according to reports. "I hate to do this, but behind that there is another $267 billion ready to go on short notice if I want," he said. That would mean tariffs would cover $467 billion in Chinese imports on top of the $50 billion already in place for $517 billion in total, which covers the entire value of all the products China imports intot he United States. The U.S. imported $505 billion of Chinese products in 2017, according to the U.S. Census Bureau.... http://thehill.com/policy/finance/405584-trump-vows-for-another-267b-in-tariffs-on-chinese-goods Link to post Share on other sites More sharing options...
IsntLifeFunny Posted September 7, 2018 Author Report Share Posted September 7, 2018 https://www.google.com/amp/s/amp.ft.com/content/855d2014-4a30-11e5-b558-8a9722977189 like I said in the OP, the tariffs are having their designed outcome. China’s markets have continued to take massive losses. Link to post Share on other sites More sharing options...
Starkiller Posted September 7, 2018 Report Share Posted September 7, 2018 11 minutes ago, IsntLifeFunny said: https://www.google.com/amp/s/amp.ft.com/content/855d2014-4a30-11e5-b558-8a9722977189 like I said in the OP, the tariffs are having their designed outcome. China’s markets have continued to take massive losses. But the government is not a democracy so that won’t hurt them in the slightest... Link to post Share on other sites More sharing options...
IsntLifeFunny Posted September 7, 2018 Author Report Share Posted September 7, 2018 Just now, Starkiller said: But the government is not a democracy so that won’t hurt them in the slightest... Eh it hurts their investments, which is the point. Their market is experiencing a fairly massive crisis, and that’s only with the first 50 billion in tariffs. I never said it wouldn’t hurt Americans, but I did say it would have drastic effects on the Chinese market, which has proven itself out by the data. Link to post Share on other sites More sharing options...
begooode Posted September 10, 2018 Report Share Posted September 10, 2018 On 9/7/2018 at 1:57 PM, IsntLifeFunny said: https://www.google.com/amp/s/amp.ft.com/content/855d2014-4a30-11e5-b558-8a9722977189 like I said in the OP, the tariffs are having their designed outcome. China’s markets have continued to take massive losses. You maybe jumping the gun a bit on US tariff impacts for China: The weakness in Chinese trade is so far coming mainly from slowing growth in exports to big trading partners like the European Union and Japan. Analysts say China's export growth is likely to weaken further in the coming months. Exports to the United States actually rose to a record high during August, helped by the fall in the Chinese currency against the US dollar and the rush by companies to ship goods before the next round of tariffs comes in, according to analysts. China's huge trade surplus with the United States is at the heart of the dispute. The fact that it's still growing "is likely to add to the friction" between the world's top two economies, Louis Kuijs, head of Asia economics at research firm Oxford Economics, said in a note to clients Monday. https://money.cnn.com/2018/09/10/news/economy/china-exports-trade-war/index.html Link to post Share on other sites More sharing options...
Starkiller Posted September 10, 2018 Report Share Posted September 10, 2018 Until now Trump wasn’t hitting China with tariffs on electronics. He says that’s his next step. Just wait until the Trump tax on people's new smartphone, TV, PC, etc purchases takes effect and watch how much the retards still love him... IsntLifeFunny 1 Link to post Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.