Trade war escalates: Trump hikes China tariffs to 125%, pauses others for 90 days

2»

Comments

  • Reply 21 of 38
    The art of the deal in action. 
    It's only a deal if you consider somebody stabbing you six inches in the chest, and then pulling the blade back three inches a deal where you just had paper cuts before.
    Idk. I never knew about the tariffs applied to us before now. 
     
    I think anyone that has read your commentary hear figured out that you aren't a particularly well informed person.  Good to see you admit it though. 
    And that would be a grossly inaccurate assumption. Let’s be grown ups and keep the insults and personal attacks out of the forum. Actually I think that’s part of the rules. 
    Is it? In this thread alone you have mentioned "The Art of the Deal" twice by referring to what Trump as doing as the art of the deal. It's pretty obvious you have never read it. How do I know you haven't read it? Because I have. Honestly, it is a crappy book, don't waste your time.

    Anyway, back to you being uninformed,  in the Art of the Deal, Trump (actually his ghost writer) says that you never move from your initial stance until you get something in return and if you do change your initial stance before getting anything then you have lost.  Trump has gotten absolutely nothing in return for lowering tariffs for every country other than China. So by his own standards he has failed.  When you say that this is the art of the deal you are actually pointing out  that Trump lost. In this instance your ignorance of what you are referencing is unintentionally hilarious.

    Better luck next time. 
    Alex1Nsconosciuto9secondkox2teejay2012folk fountainmuthuk_vanalingamglnfthtroundaboutnowdanox
     9Likes 1Dislike 0Informatives
  • Reply 22 of 38
    canukstormcanukstorm Posts: 2,784member
    The art of the deal in action. 
    It's only a deal if you consider somebody stabbing you six inches in the chest, and then pulling the blade back three inches a deal where you just had paper cuts before.
    Idk. I never knew about the tariffs applied to us before now. 
     
    I think anyone that has read your commentary hear figured out that you aren't a particularly well informed person.  Good to see you admit it though. 
    And that would be a grossly inaccurate assumption. Let’s be grown ups and keep the insults and personal attacks out of the forum. Actually I think that’s part of the rules. 
    It's very clear that Trump is hellbent on a economic / trade war with China in order to take down its economy.  The US government's agenda has always been (and still is) to be a unipolar world hegemon.  Anything opposite of that goes against their goals.


    Alex1N9secondkox2
     1Like 1Dislike 0Informatives
  • Reply 23 of 38
    The art of the deal in action. 
    It's only a deal if you consider somebody stabbing you six inches in the chest, and then pulling the blade back three inches a deal where you just had paper cuts before.
    Idk. I never knew about the tariffs applied to us before now. 
     
    I think anyone that has read your commentary hear figured out that you aren't a particularly well informed person.  Good to see you admit it though. 
    And that would be a grossly inaccurate assumption. Let’s be grown ups and keep the insults and personal attacks out of the forum. Actually I think that’s part of the rules. 
    It's very clear that Trump is hellbent on a economic / trade war with China in order to take down its economy.  The US government's agenda has always been (and still is) to be a unipolar world hegemon.  Anything opposite of that goes against their goals.


    What Trump and the cult members don't seem to understand is that China has way more cards to play in a trade war than the U.S. does and Trump's actions only serve to elevate China's stature in the world. 
    Alex1Nsconosciuto9secondkox2badmonkglnfthtroundaboutnowdanox
     7Likes 1Dislike 0Informatives
  • Reply 24 of 38
    danoxdanox Posts: 3,684member
    Xed said:
    The art of the deal in action. 
    You misspelled defraud.

    PS: You're using a term from a book that the 6x bankruptcy king didn't write. It's not good business acumen if you can only ever profit from lying and stealing.

    folk fountainneoncat
     0Likes 2Dislikes 0Informatives
  • Reply 25 of 38
    gwydiongwydion Posts: 1,100member
    The art of the deal in action. 
    What deal?
    Alex1Nsconosciuto9secondkox2badmonkwilliamlondon
     4Likes 1Dislike 0Informatives
  • Reply 26 of 38
    gwydiongwydion Posts: 1,100member
    The art of the deal in action. 
    It's only a deal if you consider somebody stabbing you six inches in the chest, and then pulling the blade back three inches a deal where you just had paper cuts before.
    Idk. I never knew about the tariffs applied to us before now. 


    What tariffs?

    By the way, the EU the only thing that has done is put a 25% tariff on some products, if you call this acquiescence, I don't know what to say
    edited April 9
    sconosciuto9secondkox2williamlondon
     2Likes 1Dislike 0Informatives
  • Reply 27 of 38
    cambercamber Posts: 28member
    From the excellent article: "Trump cited a "lack of respect" from China" Let me get this straight. The schoolyard bully got called out, and he says that is disrespectful? He should hope he never finds out what disrespectful really is!
    Alex1N9secondkox2sconosciutoglnfdanox
     4Likes 1Dislike 0Informatives
  • Reply 28 of 38
    canukstormcanukstorm Posts: 2,784member
    camber said:
    From the excellent article: "Trump cited a "lack of respect" from China" Let me get this straight. The schoolyard bully got called out, and he says that is disrespectful? He should hope he never finds out what disrespectful really is!
    bullies hate being bullied and when things don't go their way they blame others.
    Alex1N9secondkox2sconosciutoglnf
     3Likes 1Dislike 0Informatives
  • Reply 29 of 38
    These were launched on "liberation day" spun as our "liberation." So if they are now paused, is our liberation also paused? 

    The underlying drive for tariffs is to get us the "billions and billions" of dollars which- behind the scenes- is apparently crucial to helping move those in our own government against taking on more huge debt opt to pass the big tax cut bill. If "billions and billions" are paused and won't now materialize, is the tax cut legislation also paused? Won't the rich friends upset about the markets be rich friends upset about the delayed tax cut? 

    If the tax cut is now paused and there are no liberation billions, does the tax cut get funded by adding huge debt? And if so, who's generally the biggest buyer of huge U.S. debt? If our biggest "banker" is now the lone tariff "villain," would they keep buying more T-Bills from their economic "enemy" putting an ever escalating pinch on them with now 125% tariffs? Imagine if in a simple move, that biggest banker opts to CEASE buying more of our debt? Any bank can opt to cease loaning new money at any time. All they have to do with T-Bills is simply CHOOSE to not buy more. Worse: make it illegal for anyone within their reach to buy new T-Bills.  :#

    And we all realize they could start dumping their vast U.S. debt holdings at ANY time which- while shooting themselves in the foot too- would certainly crash the economy and leave a GOV thoroughly dependent on selling debt with no debt funding. What if they offered the world willing to buy U.S. debt, their holdings for X% LESS than offered at our new debt auctions (basically buy the very same thing for less)? I think that would be an economic nuclear bomb. If this understanding is correct, how much do we want to keep poking our biggest banker (bear)? 

    Speaking of which, do we believe that China will now cave... or reciprocally match again? So does it escalate to 150% in a few days and 200% a few more days after that? Several economists implied there was a tariff level around 100% where it would- in effect- suspend trade entirely. Maybe that's true or false at about the current level or some level above this one, but it's obvious there IS a level where doing business with China no longer financially works at all. Else, if iPhone has to be priced at $4K-$5K due to XXX% tariffs by the time Apple needs to import lots of them, does many/any buy that iPhone or cling to the one they already own? Again, China could sell U.S. debt holdings to try to persevere through ever-rising tariffs. Our main bargaining chip is relatively cheap access to a market that buys more than any other market. We're not their banker... only a lucrative pool of consumers... in a world with far more consumers by volume.  

    Lastly, now that we've shown even our allies that we'll shock them with unexpected actions instead of working things out behind the scenes in advance, commit very solidly to such actions ("tariffs are permanent") then flip flop when enough resistance makes the stock market go down, why does anyone trust anything we may say or do next? What happens if our friends & enemies proceed with the scrambling responses they were working up before this pause... AND IMPLEMENT ANYWAY, effectively turning the tables without waiting for the 90 days to expire and- presumably- facing who knows what with us again? They've been playing defense since our "liberation." What if they opt to switch to "offense" now, which seems like exactly what the U.S. would do if the tables were turned?

    Relative to AAPL stock: it's WAY up today against the backdrop of the costs of doing business with China going even higher. Does the market assume that Trump will cave on China too, give exceptions for Apple after strongly conveying "no exceptions" or was this only a foolish relief rally to come back to reality soon? Relative to one day ago, all of Apple's China transactions are more expensive today than they were yesterday. The "pause" did absolutely nothing for most of Apple's sources of hardware. 

    All food for thought. And I'll hope for the best with everyone.   
    edited April 9
    roundaboutnow
     1Like 0Dislikes 0Informatives
  • Reply 30 of 38
    9secondkox29secondkox2 Posts: 3,369member
    camber said:
    From the excellent article: "Trump cited a "lack of respect" from China" Let me get this straight. The schoolyard bully got called out, and he says that is disrespectful? He should hope he never finds out what disrespectful really is!

    bullies hate being bullied and when things don't go their way they blame others.

    very true. China has been bullying the usa on trade and us companies by stealing their ip and even controlling their data. We called them out, They panicked and tried to double down with the tariffs and are now in a tough spot. There is a lot of nuance being revealed. We’ll see how it goes but at least American companies are being looked after, whether with pauses or exemptions. 

    If my family rents a house from a landlord and that landlord charges them an extra amount bevause we aren’t from that neighborhood, and that same landlord goes to my car dealership to lease a new vehicle, I’m going to Jack up his price too. What’s fair is fair. Now if he wants to stop being a bully and stop the ridiculous additional fees, then I’ll do the same. Equity and parity is all I wanted to begin with. 
    danox
     0Likes 1Dislike 0Informatives
  • Reply 31 of 38
    camber said:
    From the excellent article: "Trump cited a "lack of respect" from China" Let me get this straight. The schoolyard bully got called out, and he says that is disrespectful? He should hope he never finds out what disrespectful really is!

    bullies hate being bullied and when things don't go their way they blame others.

    very true. China has been bullying the usa on trade and us companies by stealing their ip and even controlling their data. We called them out, They panicked and tried to double down with the tariffs and are now in a tough spot. There is a lot of nuance being revealed. We’ll see how it goes but at least American companies are being looked after, whether with pauses or exemptions. 

    If my family rents a house from a landlord and that landlord charges them an extra amount bevause we aren’t from that neighborhood, and that same landlord goes to my car dealership to lease a new vehicle, I’m going to Jack up his price too. What’s fair is fair. Now if he wants to stop being a bully and stop the ridiculous additional fees, then I’ll do the same. Equity and parity is all I wanted to begin with. 
    I don't think you know what the word bullying means. 

    Also your example is a perfect metaphor for what is happening and it is also the thought process of a child. 

    So you have a landlord charging too much, extraneous fees or whatever. Rather than simply go and have a discussion about it and try to negotiate your rent (people negotiate rent all the time) you instead have a tantrum and all that power that comes with working at a car dealership to gouge him on the price of a car or for service. So, your net result is that you still pay them too much in rent, your boss made money because you gouged the landlord and you done literally nothing to improve your situation. I mean, throwing a tantrums and having nothing to show for it perfectly describes Trump's tariff approach. 
    edited April 9
    muthuk_vanalingamgatorguywilliamlondonroundaboutnowdanox9secondkox2
     5Likes 1Dislike 0Informatives
  • Reply 32 of 38
    Xedxed Posts: 3,114member
    camber said:
    From the excellent article: "Trump cited a "lack of respect" from China" Let me get this straight. The schoolyard bully got called out, and he says that is disrespectful? He should hope he never finds out what disrespectful really is
    bullies hate being bullied and when things don't go their way they blame others.

    very true. China has been bullying the usa on trade and us companies by stealing their ip and even controlling their data. We called them out, They panicked and tried to double down with the tariffs and are now in a tough spot. There is a lot of nuance being revealed. We’ll see how it goes but at least American companies are being looked after, whether with pauses or exemptions. 

    If my family rents a house from a landlord and that landlord charges them an extra amount bevause we aren’t from that neighborhood, and that same landlord goes to my car dealership to lease a new vehicle, I’m going to Jack up his price too. What’s fair is fair. Now if he wants to stop being a bully and stop the ridiculous additional fees, then I’ll do the same. Equity and parity is all I wanted to begin with. 
    Why are you constantly playing the victim? I sincerely do hope that one day you can take an honest look at yourself and will have the humility and intelligence to make the necessary changes to be better than what you present on this forum.
    muthuk_vanalingamStabitha_Christiewilliamlondondanox9secondkox2
     4Likes 1Dislike 0Informatives
  • Reply 33 of 38
    gwydiongwydion Posts: 1,100member
     We called them out, They panicked and tried to double down with the tariffs and are now in a tough spot. There is a lot of nuance being revealed.
    Yep, this is what Trump thinks, reality is completely different
    muthuk_vanalingamdanox9secondkox2
     2Likes 1Dislike 0Informatives
  • Reply 34 of 38
    Xedxed Posts: 3,114member
     0Likes 0Dislikes 0Informatives
  • Reply 35 of 38
    9secondkox29secondkox2 Posts: 3,369member
    Xed said:
    camber said:
    From the excellent article: "Trump cited a "lack of respect" from China" Let me get this straight. The schoolyard bully got called out, and he says that is disrespectful? He should hope he never finds out what disrespectful really is
    bullies hate being bullied and when things don't go their way they blame others.

    very true. China has been bullying the usa on trade and us companies by stealing their ip and even controlling their data. We called them out, They panicked and tried to double down with the tariffs and are now in a tough spot. There is a lot of nuance being revealed. We’ll see how it goes but at least American companies are being looked after, whether with pauses or exemptions. 

    If my family rents a house from a landlord and that landlord charges them an extra amount bevause we aren’t from that neighborhood, and that same landlord goes to my car dealership to lease a new vehicle, I’m going to Jack up his price too. What’s fair is fair. Now if he wants to stop being a bully and stop the ridiculous additional fees, then I’ll do the same. Equity and parity is all I wanted to begin with. 
    Why are you constantly playing the victim? I sincerely do hope that one day you can take an honest look at yourself and will have the humility and intelligence to make the necessary changes to be better than what you present on this forum.
    It’s not “playing victim” when righting a wrong. That’s called justice. 

    People need to remember what it’s like to have a backbone. 

    I guess it’s been a while. 

    Perhaps you should read your comment to the mirror. 
    edited April 11
    tht
     0Likes 1Dislike 0Informatives
  • Reply 36 of 38
    9secondkox29secondkox2 Posts: 3,369member

    camber said:
    From the excellent article: "Trump cited a "lack of respect" from China" Let me get this straight. The schoolyard bully got called out, and he says that is disrespectful? He should hope he never finds out what disrespectful really is!

    bullies hate being bullied and when things don't go their way they blame others.

    very true. China has been bullying the usa on trade and us companies by stealing their ip and even controlling their data. We called them out, They panicked and tried to double down with the tariffs and are now in a tough spot. There is a lot of nuance being revealed. We’ll see how it goes but at least American companies are being looked after, whether with pauses or exemptions. 

    If my family rents a house from a landlord and that landlord charges them an extra amount bevause we aren’t from that neighborhood, and that same landlord goes to my car dealership to lease a new vehicle, I’m going to Jack up his price too. What’s fair is fair. Now if he wants to stop being a bully and stop the ridiculous additional fees, then I’ll do the same. Equity and parity is all I wanted to begin with. 
    I don't think you know what the word bullying means. 

    Also your example is a perfect metaphor for what is happening and it is also the thought process of a child. 

    So you have a landlord charging too much, extraneous fees or whatever. Rather than simply go and have a discussion about it and try to negotiate your rent (people negotiate rent all the time) you instead have a tantrum and all that power that comes with working at a car dealership to gouge him on the price of a car or for service. So, your net result is that you still pay them too much in rent, your boss made money because you gouged the landlord and you done literally nothing to improve your situation. I mean, throwing a tantrums and having nothing to show for it perfectly describes Trump's tariff approach. 
    I think you’ve been reading from the dyslexic version of the dictionary. Either that or forgot it’s not backwards day today. 

    It’s a fact that we’ve been unfairly treated in world trade with tariffs. It’s also a fact that we are now fighting fire with fire. 

    Unfair abuse is bullying. Fighting back is the right thing to do. Everyone knows you will continue to be bullied unless you help said bully learn their lesson. Otherwise it continues or worsens. No more. Time to grow a spine and man up. Thankfully that’s what’s happening. 

    Look. We are here bevause we are Apple fans. Apple has been pushed around by chin to give them unfettered access to apples customer data in China. Unfortunately, that includes American data when the Chinese customer communicates or does business with Americans - or anyone else. That’s not ok. Chinas tariffs on American goods is not ok. Making it harder for apple to sell there. At the very least, in a very narrow slice of what’s going on? Anyone can agree that a level playing field is best for everyone. Fair is fair. The status quo is not fair. We needed an agent of change. That’s what we voted for and that’s what we got. And now it’s happening. 

    Of course change is hard. No one likes change. But it’s necessary sometimes and takes an adjustment period. 
    tht
     0Likes 1Dislike 0Informatives
  • Reply 37 of 38

    camber said:
    From the excellent article: "Trump cited a "lack of respect" from China" Let me get this straight. The schoolyard bully got called out, and he says that is disrespectful? He should hope he never finds out what disrespectful really is!

    bullies hate being bullied and when things don't go their way they blame others.

    very true. China has been bullying the usa on trade and us companies by stealing their ip and even controlling their data. We called them out, They panicked and tried to double down with the tariffs and are now in a tough spot. There is a lot of nuance being revealed. We’ll see how it goes but at least American companies are being looked after, whether with pauses or exemptions. 

    If my family rents a house from a landlord and that landlord charges them an extra amount bevause we aren’t from that neighborhood, and that same landlord goes to my car dealership to lease a new vehicle, I’m going to Jack up his price too. What’s fair is fair. Now if he wants to stop being a bully and stop the ridiculous additional fees, then I’ll do the same. Equity and parity is all I wanted to begin with. 
    I don't think you know what the word bullying means. 

    Also your example is a perfect metaphor for what is happening and it is also the thought process of a child. 

    So you have a landlord charging too much, extraneous fees or whatever. Rather than simply go and have a discussion about it and try to negotiate your rent (people negotiate rent all the time) you instead have a tantrum and all that power that comes with working at a car dealership to gouge him on the price of a car or for service. So, your net result is that you still pay them too much in rent, your boss made money because you gouged the landlord and you done literally nothing to improve your situation. I mean, throwing a tantrums and having nothing to show for it perfectly describes Trump's tariff approach. 
    I think you’ve been reading from the dyslexic version of the dictionary. Either that or forgot it’s not backwards day today. 

    It’s a fact that we’ve been unfairly treated in world trade with tariffs. It’s also a fact that we are now fighting fire with fire. 

    Unfair abuse is bullying. Fighting back is the right thing to do. Everyone knows you will continue to be bullied unless you help said bully learn their lesson. Otherwise it continues or worsens. No more. Time to grow a spine and man up. Thankfully that’s what’s happening. 

    Look. We are here bevause we are Apple fans. Apple has been pushed around by chin to give them unfettered access to apples customer data in China. Unfortunately, that includes American data when the Chinese customer communicates or does business with Americans - or anyone else. That’s not ok. Chinas tariffs on American goods is not ok. Making it harder for apple to sell there. At the very least, in a very narrow slice of what’s going on? Anyone can agree that a level playing field is best for everyone. Fair is fair. The status quo is not fair. We needed an agent of change. That’s what we voted for and that’s what we got. And now it’s happening. 

    Of course change is hard. No one likes change. But it’s necessary sometimes and takes an adjustment period. 
    After WWII the U.S. became the world power. The current economic structure is the one we built and championed. Your claims of victimhood by other countries are just straight up BS. If we don't like how our structure worked out then fine, let's change it. But blaming everyone else for our decisions and driven the world economy into the ground is just ridiculous. Stop whining, put on your big boy pants and act like a f-ing adult. 
    williamlondonmuthuk_vanalingam
     2Likes 0Dislikes 0Informatives
  • Reply 38 of 38
    Wesley_Hilliardwesley_hilliard Posts: 456member, administrator, moderator, editor
    Xed said:
    camber said:
    From the excellent article: "Trump cited a "lack of respect" from China" Let me get this straight. The schoolyard bully got called out, and he says that is disrespectful? He should hope he never finds out what disrespectful really is
    bullies hate being bullied and when things don't go their way they blame others.

    very true. China has been bullying the usa on trade and us companies by stealing their ip and even controlling their data. We called them out, They panicked and tried to double down with the tariffs and are now in a tough spot. There is a lot of nuance being revealed. We’ll see how it goes but at least American companies are being looked after, whether with pauses or exemptions. 

    If my family rents a house from a landlord and that landlord charges them an extra amount bevause we aren’t from that neighborhood, and that same landlord goes to my car dealership to lease a new vehicle, I’m going to Jack up his price too. What’s fair is fair. Now if he wants to stop being a bully and stop the ridiculous additional fees, then I’ll do the same. Equity and parity is all I wanted to begin with. 
    Why are you constantly playing the victim? I sincerely do hope that one day you can take an honest look at yourself and will have the humility and intelligence to make the necessary changes to be better than what you present on this forum.
    It’s not “playing victim” when righting a wrong. That’s called justice. 

    People need to remember what it’s like to have a backbone. 

    I guess it’s been a while. 

    Perhaps you should read your comment to the mirror. 
    Ah yes, since dear leader had such a strong backbone and backed off of his tariffs the second the bond markets tanked and his Republican supporters threatened not to pass his "Big Beautiful Bill." Trump should really try reading that book he didn't write where it says changing the conditions of a deal is tantamount to failure.
    williamlondon
     1Like 0Dislikes 0Informatives
Sign In or Register to comment.