Canada, Greenland, Mexico, etc - USA Tariffs / Trade War commencing March 2025 #4

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  • #741
"Instead of dealing with those problems, you know what he did on Monday? Hung out with the Dodgers. Everyone was all smiles in the White House.

You'd think that fresh off the PR hit of sparking a trade war that literally no one is in favor of, Trump would've shied away from rambling about anything unrelated to baseball. Because how could anyone hate baseball, right?

But no. Instead, he used this time to go on a strange rant about ... egg prices. Yup. Egg prices, folks.

Shoutout to the Dodgers for allowing themselves to be part of this administration's dog and pony show. I hope keeping the tradition going was worth it."

 
  • #742
"Instead of dealing with those problems, you know what he did on Monday? Hung out with the Dodgers. Everyone was all smiles in the White House.

You'd think that fresh off the PR hit of sparking a trade war that literally no one is in favor of, Trump would've shied away from rambling about anything unrelated to baseball. Because how could anyone hate baseball, right?

But no. Instead, he used this time to go on a strange rant about ... egg prices. Yup. Egg prices, folks.

Shoutout to the Dodgers for allowing themselves to be part of this administration's dog and pony show. I hope keeping the tradition going was worth it."

Oh don't worry, he spent the weekend working really hard...by golfing, again. But at least he won the tournament. Congrats, Mr. President, we love winning. So much winning, for you, maybe not for us.
 
  • #743
  • #744
No one in the USA can claim that they had no part in the re-election of Trump. They either voted for him, or were too lazy to vote. Granted, the real problem was that the country restricted the choice to two old men with questionable mental competency. I would expect tariffs on penguins from Biden, but now we see the same thing from Trump. They're both looney and incompetent.

I like the last line - the world is being liberated from the USA. That is certainly how the world is reacting.

"Just six months ago, markets were on about "American exceptionalism", obsessed with the booming "Magnificent 7" companies (Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla). Its economy, stock market and technology leadership were the envy of the world.

Now, the largest US bank, JP Morgan, puts the odds of a US recession at 60 per cent, the Magnificent 7 have dropped 26 per cent, the overall stock market has fallen back to where it was a year ago and stories appear daily about how China is beating the US at its own technology game, including electric vehicles, drones, AI and robots.

Perhaps "Liberation Day" can be seen as the world being liberated from America."
same link
I disagree with the statement I've bolded above.. This election was very close - Harris got over 75,000,000 votes. Trump got over 77,000,000 votes. Over 75,000,000 people did not vote for Trump. No doubt, there could have been a larger turnout, but that isn't the fault of the 75,017,613 people who did not vote for Trump. About 63.7% of eligible voters voted - a higher percentage could have made a difference. IMO, if Biden had not been forced out by his party, he might have had a better chance than Harris. I've so far seen nothing that proves Biden was incompetent or impaired. One poor performance in a debate does necessarily mean he lacked mental acuity.



Many Americans, including me, did not vote for Trump, and are dismayed at his tariffs and betrayal of all of our former allies.
 
  • #745
And which state do you reside?
I do think where folks come from is valuable on this thread. I do want to follow where th3ere is protest activity......... and wonder when or if we are going to see "trump's army" start to appear.

We know where some of our great voices on this thread are: Australia, Canada, UK..... so do think it will be good to dissect where US voices come from. We are so diverse: farmland, auto manufacturing, heavy Federal support environments,
I am in NY, but spent much much time in VT and other New England states, so voices around me are much more left leaning. I recently left Florida where voices are soooooooooo different.
I live in Kentucky. I grew up in the country in Meade County outside a tiny town named Brandenburg. My neighbors were farmers. My parents owned small businesses and farmed as well. I now live in Lexington and have for most of my adult life. The rural areas of Kentucky make us a red state. This ideology has been a long time coming from the 80's. Now there are nearly zero working farms in Meade County because as the price of healthcare rose farmers could not afford it and either they went without or stopped farming to get a job to have access to more affordable healthcare. There are many other policies that effected and caused the demise of working farms. That is one example.

Today as my generation of farm owners (not me) are dying and the family farms are being gobbled up by solar panel farms. I'm told a small one can provide 40k per year to lease the land. A decent house costs around 250k. That's not affordable for a new family starting out.

If Trump's army is maga we had a few here at the rally but they were obvious and didn't stay. Our Republican house representative refuses to show up in person. People are angry.

I noticed there are no rallies with Trump anymore. I think that is a good thing. Both sides rallying would turn into another Charlottesville.

I am a gun owner but I believe guns should not be allowed at peaceful protests. We saw what happened when Kyle Rittenour marched with his AR 15. He felt threatened and killed someone I believe was unarmed. Claimed self defense and walked free.
Probably TMI. But it's complicated.

We need to face the truth, join together for the good of us all and stand in solidarity. Enabling the rich to get richer is not the answer.

IMHO
 
  • #746
I disagree with the statement I've bolded above.. This election was very close - Harris got over 75,000,000 votes. Trump got over 77,000,000 votes. Over 75,000,000 people did not vote for Trump. No doubt, there could have been a larger turnout, but that isn't the fault of the 75,017,613 people who did not vote for Trump. About 63.7% of eligible voters voted - a higher percentage could have made a difference. IMO, if Biden had not been forced out by his party, he might have had a better chance than Harris. I've so far seen nothing that proves Biden was incompetent or impaired. One poor performance in a debate does necessarily mean he lacked mental acuity.



Many Americans, including me, did not vote for Trump, and are dismayed at his tariffs and betrayal of all of our former allies.
Biden was so historically unpopular and so absolutely inept though and the debate performance just highlighted the simple fact that he WAS old because he acted like a grandpa who was sunsetting. When he finally dropped out and endorsed Harris, there was at least a massive groundswell of energy and enthusiasm (as well as money) that was poured into her campaign, from a lot of small donors too. Of course, the picking of Tim Walz was another massive energizer, but then the Biden campaign people came in and muzzled Walz and the economic populist message and Harris pivoted to the center, tried courting Liz Cheney, and kept all of Biden's unpopular messaging on the genocide in Gaza.

She didn't stray from or badmouth Biden's bad policies, and so people were still associating her with Biden. A lot of the youth stayed home and swing voters moved to Trump cause of inflation and the economy.

Btw, I voted for Harris myself because I know the Republican party will NEVER be for the working class, and Trump is a conman. I'm just realistic about what the Democrats need to do to win and why they lost in 2024.
 
  • #747
April 7, 2025 Mediaite online article by Joe DePaolo entitled ‘‘Well Done, Old Man!’ Russian State TV Revels in Trump Having ‘Destroyed Trust’ in the Economy — Calls for a Monument to Be Built in His Honor’:
 
  • #748
source familiar with California’s citrus fruit exports told Reuters in early March that Canadian retailers have canceled their orders.

The former sales head of GT’s Living Foods, based in Los Angeles, California, and known for its Synergy kombucha products, said retailers in Canada, including Walmart, have been placing orders for fewer products because of tariff uncertainty.

“The distributors for Walmart Canada, Loblaw’s L.TO, Metro and Sobey’s told us they will buy one truck instead of two trucks of products, because retailers are being cautious and they are waiting to see how this (tariff situation) will play out,” said Daniel Bukowski, who was senior vice president of sales for the company until mid-March.
 
  • #749
  • #750
China today has signaled it is going to fight Trump's threat of increased tariffs but will still keep the lines of communication open, as is prudent. In addition to increasing internal consumption and manipulation of currency, China has also made advances to be a trade partner with Japan, Korea, the EU, UK, and Canada.

"“You just slapped my face and I’m not just going to call you and beg your pardon.”

" On April 7, Xi called for strengthened efforts to “fully unleash” the country’s consumption potential to spur growth. The Chinese leader said revitalizing consumption, expanding domestic demand and enhancing investment efficiency are on top of the country’s agenda, state-run broadcaster China Central Television reported on April 7, without specifying when and where he made those comments.

“We believe that before we can sit down to negotiate a deal we have to fight, because the other side wants to fight first,” Wu Xinbo, director at Fudan University’s Center for American Studies in Shanghai, said of China’s stance. On the possibility of a Trump-Xi call, Wu said: “You just slapped my face and I’m not just going to call you and beg your pardon.”

Stocks tumbled on concerns over the trade war’s impact on the global economy. Asia capped the worst day since 2008. A gauge of Chinese shares listed in Hong Kong fell into a bear market, while the city’s benchmark Hang Seng Index plunged the most since 1997. Europe’s Stoxx 600 tumbled more than 6% at one point"

China is working on manipulating the yuan. At the same time, China may widen its diplomatic outreach by building stronger economic ties elsewhere. Last month, trade officials from China, Japan and South Korea jointly called for open and fair trade. During a recent visit to Brussels, Chinese Vice Finance Minister Liao Min expressed a willingness to work with the European Union to defend the multilateral trading system. T

The Chinese Embassy in Ottawa also made similar overtures about partnering with Canada

More interesting comments in the article:

 
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  • #751
China today has signaled it is going to fight Trump's threat of increased tariffs and will keep the lines of communication open. In addition to increasing internal consumption and manipulation of currency, China has also made advances to be a trade partner with Japan, Korea, the EU, and Canada.

"“You just slapped my face and I’m not just going to call you and beg your pardon.”

" On April 7, Xi called for strengthened efforts to “fully unleash” the country’s consumption potential to spur growth. The Chinese leader said revitalizing consumption, expanding domestic demand and enhancing investment efficiency are on top of the country’s agenda, state-run broadcaster China Central Television reported on April 7, without specifying when and where he made those comments.

“We believe that before we can sit down to negotiate a deal we have to fight, because the other side wants to fight first,” Wu Xinbo, director at Fudan University’s Center for American Studies in Shanghai, said of China’s stance. On the possibility of a Trump-Xi call, Wu said: “You just slapped my face and I’m not just going to call you and beg your pardon.”

Stocks tumbled on concerns over the trade war’s impact on the global economy. Asia capped the worst day since 2008. A gauge of Chinese shares listed in Hong Kong fell into a bear market, while the city’s benchmark Hang Seng Index plunged the most since 1997. Europe’s Stoxx 600 tumbled more than 6% at one point"

China is working on manipulating the yuan. At the same time, China may widen its diplomatic outreach by building stronger economic ties elsewhere. Last month, trade officials from China, Japan and South Korea jointly called for open and fair trade. During a recent visit to Brussels, Chinese Vice Finance Minister Liao Min expressed a willingness to work with the European Union to defend the multilateral trading system. T

The Chinese Embassy in Ottawa also made similar overtures about partnering with Canada

More interesting comments in the article:

I'm thinking a lot of countries are going to fight it .it's just opening up new trade avenues. Its time for better trades partners. This whole mess with trump/USA has taught us alot along with never to trust our southern neighbours.
 
  • #752
I'm thinking a lot of countries are going to fight it .it's just opening up new trade avenues. Its time for better trades partners. This whole mess with trump/USA has taught us alot along with never to trust our southern neighbours.

I think the world collectively gasped at the schoolboy taunts and names and the virtual slaps across the face that Trump personally made to Canada.

Mature, highly-educated, and knowledgeable people well-versed in international politics do not behave like cheap street gangsters. They may be intensely tough and cunning, but they understand the concept of "face" and how to look for a win-win situation, rather than demeaning and puerile ego trips.
 
  • #753
China is also regarded as having the upper hand and the stamina for longer plans.

Demand is far easier to create than supply.

China can create demand far faster and more efficiently than the US can create supply. Trump was a fool to start this before he had actual business committments and manufacturing structures set up in the US. China can see they can call his big bluff.

As others have noted, very significant large US companies have the cash to drag their heels for the next 3.5 years rather than made $$$ Billion dollar committments to US construction and manufacturing plants that were never in their long-term strategies.
 
  • #754
Eldest brother who has lived in China for over 15 years predicts that China will react aggressively as the country cannot permit itself to be or seen to be, bullied.
 
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  • #755
today there was a rumor about a 90 day delay for all tariffs, and the stock markets went back up so quickly! of course it turned out to be false, and everything went down again, but i think it shows that a major recession could still be prevented, if only trump cared about not causing a recession.
he just likes jerking people around. not just the US citizens, but the whole world.
 
  • #756
  • #757
China is also regarded as having the upper hand and the stamina for longer plans.

Demand is far easier to create than supply.

China can create demand far faster and more efficiently than the US can create supply. Trump was a fool to start this before he had actual business committments and manufacturing structures set up in the US. China can see they can call his big bluff.

As others have noted, very significant large US companies have the cash to drag their heels for the next 3.5 years rather than made $$$ Billion dollar committments to US construction and manufacturing plants that were never in their long-term strategies.
one radio report I heard today said that clothing manufacturers who moved from China to Vietnam during DJT's last administration just do not want to move again- DJT acts as if moving manufacturing is always going to be cheaper and easier than the tariffs.... maybe not.
 
  • #758
This PBS News Hour online October 24, 2024 piece with transcript by Amna Nawaz, Karina Cuevas, and Azhar Merchant entitled ‘Trump’s rambling speeches raise questions about mental decline’ might have some answers to that question:


MOO
I guess Republican leadership has no problem with T rambling on and acting in demented fashion. They obviously are fine with it.
 
  • #759
Eldest brother who has lived in China for over 15 years predicts that China will react aggressively as the country cannot permit itself to be or seen to be, bullied.
TEMU is just adverting a "big sale" today
 
  • #760
Secretary of Commerce Lutnik is making gigglingly euphoric predictions of a return to a prosperous US economy by 4th Quarter 2025 ( ie: September). That is only 5 months from now. Consumer confidence is low and fallilng, as ordinary people see their savings and retirement funds dropping significantly. If consumer confidence is low, people stop making purchases and as there are few all-US non-tariff options out there, whatever "revenue" Lutnik thinks is going to break out in the next 5 months is all wishful thinking. Oh, and all those manufacturing plants are going to be up and running in 5 months?

Tesla has dropped below the level Lutnik says they would never get to.

Major US investment and financial CEOs are all diametrically opposite of Lutnik, as well as European heads are saying long-term damage has been done.
I saw him (Lutnik) being interviewed today and to every question he said "just make it here." He said it over and over whether it was responsive or not.
 
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