Mike Wuerthele

DAalseth said:

China is NOT the only place on earth that has rare earth elements. Large deposits are in Canada, the US, Australia, and elsewhere. It’s just that China was the cheapest place to get them so the other sources have not been developed. It will take time to get the operations going, but the process was started during the first Trump term. 

This is mostly addressed in the article. The folks we've spoken to about it say that spinning up rare earths in the US will take at least another five years, if at all.

taskiss said:

spheric said:

No. She accuses Apple of bribery. 

She's accusing the Trump administration of corruption. 

Are you saying that bribery isn’t corruption?  If so, this conversation is going to devolve into one side quoting definitions and the other side stepping, cause bribery is corruption by every definition I’ve seen 

Words have meanings. It's not illegal to contribute to an inauguration event. Apple and Tim Cook have done so before.

She's accusing Apple of bribery, but she has no legal standing to bring charges, or do anything about it. She can say whatever she wants, but that doesn't make it true.

9secondkox2 said:

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.

slickdealer said:

The most likely scenario remains that China lowers tariffs on US goods and our reciprocal tariffs automatically adjust.  

Why all of these articles fail to mention how reciprocal tariffs work baffles me. 

Because they don't work the way Trump said that they do, or the way that you think that they do. The president's folks invented a forumula that has nothing to do with tariffs applied by countries importing US goods. The 54% tariff that China has responded to, was made by dividing a given country's trade deficit by its exports to the US. Then the resulting figure was divided in half.

There was also a baseline 10% that was applied everywhere. This isn't reciprocal. This is just pulled out of Trump's advisor's asses.

So. Tell me how that's supposed to work, since China increased tariffs on goods imported from the US this morning?

CLS9 said:

How do we join this class action? I thought I was buying books when, all of a sudden, they disappeared. Now I know why.

Feel free to read the post to find out why the filers should lose and lose big.