Politics Tariffs/Trade Wars

[Chazman]

2:40 Trump already shot down lowering the barriers. He wants to keep up the barriers, by demanding money for nothing. He knows that no one can agree on these kind of terms. He can then claim that were not reasonable on negotiations and will keep the tariffs. Although in different instances he just wants us to buy US energy. Which is already happening due to sanctions on Russia. And will happen if prices keep being reasonable.

Aim is to decrease trade deficit. This will already be achieved partially by tariffs, by lowering imports. Although it might also lower American exports (due to counter tariffs and the fact that our economies will do worse, and can't afford to buy as much).

I believe there is a bigger picture here beyond tit for tat. Mexico has or will agree to all the terms. Issues with Mexico include remittances. Millions of illegal Mexicans who reside in the US, who are also on government aid, remit about $65 billion per year back to Mexico. By law, the US could tax that, but haven't yet. Also, Mexico assembles Chinese products and ships them to the US as a way to circumvent Chinese tariffs. As was mentioned. they have zero leverage.

Canada will make a deal right after the election. Neither candidate wants to be seen dealing with mean ole Trump right now, but they will in a few weeks. Some things Canada needs to correct is taking Chinese steel and Al from Vietnam, Laos, Cambodia, etc., and selling it as as Canadian. That won't fly anymore.

 

[Chazman]

I would wait and look at it in a longer term than just daily winning, Chaz. Eastern mentality, means if an entire generation needs to be sacrificed to win or more importantly not be humiliated, it would be a worthy sacrifice. This is why I'm not so sure Trump or his cohorts have an idea of what they are up against. China still has a population that grew up eating dirt and breathing coal... Americans go nuts if toilet papers run out.

No doubt. Although devaluing the Yuan has advantages in fighting tariffs, it also needs stability. China imports food and energy daily, so if the Yuan gets to around 8 per USD, things start getting sketchy. The Lao bai xing won't want to eat dirt for too long.

 

[Junglejim]

No doubt. Although devaluing the Yuan has advantages in fighting tariffs, it also needs stability. China imports food and energy daily, so if the Yuan gets to around 8 per USD, things start getting sketchy. The Lao bai xing won't want to eat dirt for too long.

Oil and Grains, sounds like something the Russians and Brazilians can provide.

 

[Chazman]

Oil and Grains, sounds like something the Russians and Brazilians can provide.

Commodities. They would cost more, obviously.
Brazil may accept the Yuan because Lula is a puppet of the CCP, but Putin would want cold, hard cash, like the USD or Euro.

 

[Chazman]

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[Hiryu2.0]

https://www.axios.com/2025/04/09/trump-tariffs-pause-china-stocks-recession

F***er literally tweeted "now is a great time to buy" this morning. Him and everyone in his circle needs to be investigated for "insider trading". This is so much worse than what Pelosi was doing.

 

[Chazman]

https://www.axios.com/2025/04/09/trump-tariffs-pause-china-stocks-recession

F***er literally tweeted "now is a great time to buy" this morning. Him and everyone in his circle needs to be investigated for "insider trading". This is so much worse than what Pelosi was doing.

Hey! He told the world. Why weren't you listening???? LOL!

 

[Telmar]

Liberation day was Intense and loud but quite a short flick.

 

[thelistener]

Will the EU lower the average tariff rate from 5 % to 3,5 % so Trump can call it a huge win. Lol

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[primer]

I believe there is a bigger picture here beyond tit for tat. Mexico has or will agree to all the terms. Issues with Mexico include remittances. Millions of illegal Mexicans who reside in the US, who are also on government aid, remit about $65 billion per year back to Mexico. By law, the US could tax that, but haven't yet. Also, Mexico assembles Chinese products and ships them to the US as a way to circumvent Chinese tariffs. As was mentioned. they have zero leverage.

Canada will make a deal right after the election. Neither candidate wants to be seen dealing with mean ole Trump right now, but they will in a few weeks. Some things Canada needs to correct is taking Chinese steel and Al from Vietnam, Laos, Cambodia, etc., and selling it as as Canadian. That won't fly anymore.

There a lots of Chinese in Vancouver

What's the cost of registering a business in BC? The total registration cost includes $30 for a name reservation and a legal structure registration fee. You can register a sole proprietorship or general partnership for $40. Meanwhile, the basic fee for incorporating a business in British Columbia is $350.

 

[Chazman]

Will the EU lower the average tariff rate from 5 % to 3,5 % so Trump can call it a huge win. Lol

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Great! Everyone can go back to their people and say: "Yay! We won!!"

 

[primer]

"Nobody in the Commission thought that the US government would be this stupid and self-destructive,"

Same people whom approved and indulged in mass appropriation of Made in EU by the CCP unknown in history by its scale and now must tariff Chinese electric vehicles so EU can proudly make their own. Vehicles are really the prestigious product... the canary in the coal mine. But hey call the American black faced for applying a reasonable tariff rate.

 

[Mark Sman]

Great! Everyone can go back to their people and say: "Yay! We won!!"

This is how almost every fight ends. Both sides declare victory and go home.

This pause seems to be about China. Not pausing on China, but pausing on many others. All of this seems like a single scene in Act 1 of this play.

 

[Chazman]

This is how almost every fight ends. Both sides declare victory and go home.

This pause seems to be about China. Not pausing on China, but pausing on many others. All of this seems like a single scene in Act 1 of this play.

And that's for the best. China however, will need to figure it out.

 

[thelistener]

So now that the world knows that the US was heading towards a recession thanks to the tariff policy, will that aid Trump in his negotiations when they know he pulled out already? Maybe negotiating from a stance of weakness worked wonders with Russia and they want to try that with trade talks as well, who knows.

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“Behold the ‘Art of the Deal,’” marveled Speaker of the House Mike Johnson (R-LA). “President Trump has created leverage, brought MANY countries to the table, and will deliver for American workers, American manufacturers, and America’s future!”

“This was brilliantly executed by @realDonaldTrump. Textbook, Art of the Deal,” wrote hedge fund manager, Bill Ackman, who also offered thanks “on behalf of all Americans.”

But at an event outside of the White House, Trump himself offered a different explanation for his decision.

“You started the morning saying, ‘Be cool,’ and just a few hours later, there was a pause put in on the tariffs,” observed one reporter. “Can you walk us through your thinking about why you decided to put a 90-day pause on the tariffs?”

“Well, I thought that people were jumping a little bit out of line. They were getting yippy, you know, they were getting a little bit yippy, a little bit afraid — unlike these champions — because we have a big job to do,” answered Trump. “No other president would have done what I did. No other pres-, I know the presidents, they wouldn’t have done it. And it had to be done.”

Trump promotes Jamie Dimon interview after he predicts tariffs will cause recession

‘Fixing Trade and Tariffs is a good thing!’ Donald Trump quoted Jamie Dimon from a Fox interview, failing to note that the JPM chairman warned of a ‘likely’ recession

www.independent.co.uk

 

[Chazman]

So now that the world knows that the US was heading towards a recession thanks to the tariff policy, will that aid Trump in his negotiations when they know he pulled out already? Maybe negotiating from a stance of weakness worked wonders with Russia and they want to try that with trade talks as well, who knows.

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“Behold the ‘Art of the Deal,’” marveled Speaker of the House Mike Johnson (R-LA). “President Trump has created leverage, brought MANY countries to the table, and will deliver for American workers, American manufacturers, and America’s future!”

“This was brilliantly executed by @realDonaldTrump. Textbook, Art of the Deal,” wrote hedge fund manager, Bill Ackman, who also offered thanks “on behalf of all Americans.”

But at an event outside of the White House, Trump himself offered a different explanation for his decision.

“You started the morning saying, ‘Be cool,’ and just a few hours later, there was a pause put in on the tariffs,” observed one reporter. “Can you walk us through your thinking about why you decided to put a 90-day pause on the tariffs?”

“Well, I thought that people were jumping a little bit out of line. They were getting yippy, you know, they were getting a little bit yippy, a little bit afraid — unlike these champions — because we have a big job to do,” answered Trump. “No other president would have done what I did. No other pres-, I know the presidents, they wouldn’t have done it. And it had to be done.”

Trump promotes Jamie Dimon interview after he predicts tariffs will cause recession

‘Fixing Trade and Tariffs is a good thing!’ Donald Trump quoted Jamie Dimon from a Fox interview, failing to note that the JPM chairman warned of a ‘likely’ recession

www.independent.co.uk

We'll see. But it seems everyone is looking to make a deal. Well, China will have another day of protecting the Yuan by buying them with USD when business opens today. They'll come around. They need to declare victory to their folks too.

 

[thelistener]

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[Chazman]

I'm not an expert, but I spent the evening and into the night watching was happening. The bond and treasury markets were getting overheated. Something had to happen today and it did. As far as I can see, it all worked out pretty well. We now wait for China.

 

[Mark Sman]

I'm not an expert, but I spent the evening and into the night watching was happening. The bond and treasury markets were getting overheated. Something had to happen today and it did. As far as I can see, it all worked out pretty well. We now wait for China.

I don't think Trump is going to wait for China. Not his style. Somehow I think he is going to go "Frag out" in some other direction.

Not saying that is wise, just in character.

Maybe try to cut some quick deals with Vietnam, Thailand, etc? Even if only to appear to be winning.

 

[Euroamerican]

I'm not enjoying this sort of turmoil, TBH.

Honestly, I'd like to think that smarter people than me know why this has to happen, but it sure give the TDS crowd fuel for their bonfires.