Trade war bad except when it’s good, right? And the feds give you a few incentives. Like a break on tariffs for a few parts that are manufactured in China. If you expand manufacturing in the US and add 10,000 Jobs. Sounds like a deal and it is.
Trade war bad except when it’s good, right? And the feds give you a few incentives. Like a break on tariffs for a few parts that are manufactured in China. If you expand manufacturing in the US and add 10,000 Jobs. Sounds like a deal and it is.
China has again said it’s ready to come to the trade table. That sounds good but we can’t know what that means until it happens. And no one goes in giving in, you always ask for more than you think you might get. But what does China have that Trump wants?
So the Dow Jones dropped over 600 points on Friday after Fascist China announced it would increase tariffs on $75 billion of United States goods, and President Trump said he would respond in kind. The press, including Fox, have been calling the trade issues between Fascist China and the United State’s “Trump’s trade-war.” But Fascist … Read more
We went bug hunting last night. Mike, and Skip, and I huddled into a Zoom meeting to test its potential as a podcasting platform. I think we can agree that this will work. Zoom allows us to record the program from anywhere we have an internet connection. We’ve already worked out a few issues that … Read more
The United States is not doing enough to promote free trade. Lately we have been an initiator of trade barriers. That has been true over the last two years. Reduction and elimination of trade barriers around the world should be our goal. Barriers to trade Imposing barriers on billions of dollars’ worth of imports creates … Read more
From the Washington Examiner: The influential Koch network is open to backing Democrats in the 2020 election cycle. A memo from Emily Seidel, the CEO of Americans for Prosperity, the Koch brothers’ political organization, said the group would “support the primary election of lawmakers, regardless of political party, who stick their necks out to lead diverse … Read more
If you pay attention to these things, then you’ll know who freaked out when President Trump threatened tariffs against Mexico over border security. The Media, Democrats, some Senate Republicans, and all the other usual suspects. End of the world, economy doomed, relations ruined, none of that happened.
Although I’d rather him have started with a fairly hefty tax on remittances sent back to home countries – but this should work: On June 10th, the United States will impose a 5% Tariff on all goods coming into our Country from Mexico, until such time as illegal migrants coming through Mexico, and into our … Read more
Say hello to God-Emperor Trump. A huge moving recreation of the meme. What meme? This one. Make sure you read the captioning. And check out the mighty Twitter Sword with words that, according to the designer mean “here are your f-ing tariffs.” A joke, he says, but then, it is his opinion that this is a weapon … Read more
Our optimism about Mr. Trump’s trade war with China continues to be rewarded. While most American’s have been listening to the Western media and never-Trumpers, we’ve looked elsewhere for insight. And we’ve shared it here, including some of the most important insights of all. Observes in China view Mr. Trump as an excellent strategist and tactician. My … Read more
Reformatted, emphasis mine: In its third round of tariff cuts this year, China announced that 700 more goods will have tariffs cut. Bloomberg reports: China announced another round of tariff cuts, lowering import taxes on more than 700 goods from Jan. 1 as part of its efforts to open up the economy and lower costs for domestic … Read more
President Donald Trump said on Sunday that China had agreed to “reduce and remove” tariffs on U.S. cars below the 40 percent level that Beijing is currently charging on American-made vehicles. A day after he and Chinese President Xi Jinping called a 90-day cease-fire in their trade war to allow time for negotiations, Trump said on … Read more
Donald Trump is winning the trade war with China. That’s what they are saying. Who? Who is saying that? What crazy “right-wing mouthpiece” is peddling that blather? Munich-based EocnPol Europe, that’s who. In a paper titled ‘Who is Paying for the Trade War with China,’ they report that it’s not Americans. It is Chinese Exporters who are … Read more
Mexico, Canada – it was Germany’s turn to be on the short end of Trump’s “Art of the Deal” and the EU throwing in the towel. Remember, Trump has said he’d most want NO tariffs at all:
Trump VICTORY? EU may ABANDON tariffs on US cars after threats to German industry
The German Federal Minister for Economic Affairs and Energy, Peter Altmaier, told Austrian public broadcaster ORF on Friday that Germany is willing to come to the table to ease trade tensions with the US. Mr Altmaier said: “We are ready to talk about low, equal duties on cars. “This would be the best solution for everyone.” Mr Altmaier’s surprise comments came after an EU trade ministers meeting in Innsbruck.
US duty on imports from the EU is only 2.5 percent, resulting in a trade deficit for the US.