Trump Plays Dangerous Game Of Chicken With Trade Tariffs

dozu888 said:
are there more retarded writers than the ones on cbsmarketwatch... I mean the writers elsewhere are equally retarted, but mw seems to give them some minimum quota, so these people keep squeezing their already empty brains.
More...

You sound really like Trump.

Everybody is an idiot when he is no Trump fan.

All news is fake if it is not favorable for Trump.
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Trump was a huge fan of Harley Davidson till they told that part of their production will be transfered to EU.
Trump Rides a Harley—to Europe

The U.S. casualties of his trade war are starting to mount.
By
The Editorial Board
June 25, 2018 7:09 p.m. ET


Donald Trump’s trade war has been an abstraction for most Americans so far, but the retaliation has now begun in earnest and the casualties are starting to mount. The President’s beloved stock market took another header Monday on news of more restrictions on investment into the U.S., and the Dow Jones Industrial Average is now down for 2018. But the biggest losers Monday were the American workers who make Harley-Davidson motorcycles whose jobs will soon be headed overseas thanks to the Trump tariffs. https://www.wsj.com/articles/trump-rides-a-harleyto-europe-1529968178
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On July 1,2018:
Trump blasts Europe for 'unfair' trade policies in Fox News interview as he says his parents were born in the EU

https://www.wsj.com/articles/trump-rides-a-harleyto-europe-1529968178

On July 3, 2018 Trump says:
President Trump says relations between the US and the Netherlands ‘better than ever’

Trump clearly has mental problems. Hostile attitude against EU and 2 days later" the relations with The Netherlands are better than ever before". Probably Trump has no idea what the Netherlands are. He is hilarious. And that's the president of the US? LOL.
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Why do you only speak about China and not about Europe? I think the big hit for Trump will come from Europe. Harley Davidson, all US car producers, all US companies that use steel or aluminium, etc... will be victims. All German car producers, and even US car producers are putting US investments on hold and fear that employment in the US will go down, not up.
 
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dozu888 said:
are there more retarded writers than the ones on cbsmarketwatch... I mean the writers elsewhere are equally retarted, but mw seems to give them some minimum quota, so these people keep squeezing their already empty brains.
More...

If you go to India and you tell a cow worshiper that the cow he is worshiping is not really God, but it is just an animal; he probably thinks you are retard and have no brains! Just like duoz888 thinks of people who question the actions of his idiot God!

News flash, “The idiot you worship was not elected, he was PUT-IN” get it? :D
 
schweiz said:
You sound really like Trump.

Everybody is an idiot when he is no Trump fan.

All news is fake if it is not favorable for Trump.
-------------------------------------------------------------------------------
Trump was a huge fan of Harley Davidson till they told that part of their production will be transfered to EU.
Trump Rides a Harley—to Europe

The U.S. casualties of his trade war are starting to mount.
By
The Editorial Board
June 25, 2018 7:09 p.m. ET


Donald Trump’s trade war has been an abstraction for most Americans so far, but the retaliation has now begun in earnest and the casualties are starting to mount. The President’s beloved stock market took another header Monday on news of more restrictions on investment into the U.S., and the Dow Jones Industrial Average is now down for 2018. But the biggest losers Monday were the American workers who make Harley-Davidson motorcycles whose jobs will soon be headed overseas thanks to the Trump tariffs. https://www.wsj.com/articles/trump-rides-a-harleyto-europe-1529968178
------------------------------------------------------------------------------------
On July 1,2018:
Trump blasts Europe for 'unfair' trade policies in Fox News interview as he says his parents were born in the EU

https://www.wsj.com/articles/trump-rides-a-harleyto-europe-1529968178

On July 3, 2018 Trump says:
President Trump says relations between the US and the Netherlands ‘better than ever’

Trump clearly has mental problems. Hostile attitude against EU and 2 days later" the relations with The Netherlands are better than ever before". Probably Trump has no idea what the Netherlands are. He is hilarious. And that's the president of the US? LOL.
-------------------------------------------------------------------------------------------

Why do you only speak about China and not about Europe? I think the big hit for Trump will come from Europe. Harley Davidson, all US car producers, all US companies that use steel or aluminium, etc... will be victims. All German car producers, and even US car producers are putting US investments on hold and fear that employment in the US will go down, not up.
More...

the 'retarded' was referring to mw in general, not limited to Trump news.

Europe, let's see what happens.

There will be short term pain.. the idea of a trade war is to see who cries uncle first.
 
Stocktracker said:
If you go to India and you tell a cow worshiper that the cow he is worshiping is not really God, but it is just an animal; he probably thinks you are retard and have no brains! Just like duoz888 thinks of people who question the actions of his idiot God!

News flash, “The idiot you worship was not elected, he was PUT-IN” get it? :D
More...

more empty statement, with nothing behind it.
 
dozu888 said:
empty statement like this hurts your credibility. if net worth is the measuring stick, my 99.9 is actually being generous to the naysayers.... and your 99.9 has nothing behind it.

and your steel price graph is suppose to make what point? nobody said there would be no pain... the idea of a trade war is to see who cries uncle first... and right now the US is winning.
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The US isn't winning, all it's doing is putting your economic recovery ( fueled by a lot of new government debt and ironically increasing international markets ) in doubt. US stock markets are already starting to roll over in sectors that are trade sensitive and the hot IT sector is eventually going to feel some heat if Trump gets his way. Throughout this bull I've seen many Americans question the corporate results that led to higher stock markets; this was understandable for some because their personal experiences in the US re 2009-2013 didn't match the corporate experience. When I looked more closely at a company like AAPL for example, the sales figures in China were immense. Tariffs work against those gains.

You want to see who cries "uncle" first, you can look to US farmers and US car makers being hit very early in this game. US farmers run something like a $20B surplus with Canada yet Trump keeps bitching about Canadian farmers pulling a fast one on the US ? Come on now, people need to look beyond the curtain and see how this all works. Steel tariffs are legit going to hurt the big three US car makers worse then almost anybody in this mix. Sure, there will be many foreign companies and employees in trouble due to these tariffs. A lot of it is unnecessary chaos. You don't make friends this way and build long term positive relationships. I believe you work in a bit of a "off the grid" type job where this kind of relationship doesn't matter ( Trump somewhat the same he's a real estate guy ). This is not how the majority of the business world operates. International trade is not some zero sum game like you describe it at times. The US does not have the capability to turn on a dime and change supply chains and add capacity to domestic businesses.

I personally feel lucky to be well situated in Toronto without much sensitivity at all to Trump's trade wars. If anything he's helped to some degree attract some new IT business and real estate value in Toronto. There will be some Canadian communities hit hard, as there will be Americans hit hard. It should be interesting to see how it all shakes out. Millions of Americans do not have a decent safety net, and have seen their medical premiums sky rocket. A revisit to even a portion of what occurred in 2008/2009 is going to destabilize your country. Smug proclamations of how good some have it in this new economy isn't going to feed the families of those displaced and your tax burden may increase substantially if the tax base shrinks as the population continues to age.

You seem to think like magic it's "easy". Let's see what occurs. If it was "easy" the US wouldn't have been on the brink of financial collapse in 2009.
 
dozu888 said:
the 'retarded' was referring to mw in general, not limited to Trump news.

Europe, let's see what happens.

There will be short term pain.. the idea of a trade war is to see who cries uncle first.
More...

The last US trade war was in the early 1930s. By the time they realized it was a mistake there was something like 30% unemployment and people were unwilling or unable to invest in business to end the Depression. That precedent suggests that much of what Trump does is likely destructive not constructive to the economy.
 
dozu888 said:
more empty statement, with nothing behind it.
More...

Before he got elected, the majority of Trump's business ventures were failures and his main successes were promotional ( leasing his name or image ) or entertainment projects like "The Apprentice". The Trump Tower in Toronto collapsed in a sea of lawsuits and lost money, the only failed hotel complex in Toronto in recent years. There is nothing empty about his failures in Atlantic City, Toronto, and one of his big complexes in Florida ( the one where he partnered with a convicted felon ).

There is nothing about him that suggests he knows how to run a business. There is however evidence that he is a strong promoter and knows how to use business law to his advantage. I'm not sure how this will help run an economy; it suggests when times get tough he'll just move on to new projects and refuse to take responsibility for the problems he creates.
 
Nine_Ender said:
The US isn't winning, all it's doing is putting your economic recovery ( fueled by a lot of new government debt and ironically increasing international markets ) in doubt. US stock markets are already starting to roll over in sectors that are trade sensitive and the hot IT sector is eventually going to feel some heat if Trump gets his way. Throughout this bull I've seen many Americans question the corporate results that led to higher stock markets; this was understandable for some because their personal experiences in the US re 2009-2013 didn't match the corporate experience. When I looked more closely at a company like AAPL for example, the sales figures in China were immense. Tariffs work against those gains.

You want to see who cries "uncle" first, you can look to US farmers and US car makers being hit very early in this game. US farmers run something like a $20B surplus with Canada yet Trump keeps bitching about Canadian farmers pulling a fast one on the US ? Come on now, people need to look beyond the curtain and see how this all works. Steel tariffs are legit going to hurt the big three US car makers worse then almost anybody in this mix. Sure, there will be many foreign companies and employees in trouble due to these tariffs. A lot of it is unnecessary chaos. You don't make friends this way and build long term positive relationships. I believe you work in a bit of a "off the grid" type job where this kind of relationship doesn't matter ( Trump somewhat the same he's a real estate guy ). This is not how the majority of the business world operates. International trade is not some zero sum game like you describe it at times. The US does not have the capability to turn on a dime and change supply chains and add capacity to domestic businesses.

I personally feel lucky to be well situated in Toronto without much sensitivity at all to Trump's trade wars. If anything he's helped to some degree attract some new IT business and real estate value in Toronto. There will be some Canadian communities hit hard, as there will be Americans hit hard. It should be interesting to see how it all shakes out. Millions of Americans do not have a decent safety net, and have seen their medical premiums sky rocket. A revisit to even a portion of what occurred in 2008/2009 is going to destabilize your country. Smug proclamations of how good some have it in this new economy isn't going to feed the families of those displaced and your tax burden may increase substantially if the tax base shrinks as the population continues to age.

You seem to think like magic it's "easy". Let's see what occurs. If it was "easy" the US wouldn't have been on the brink of financial collapse in 2009.
More...

yes we are winning. China is already opening up. others to follow. let's see. With record low unemployment timing is good too, with Europe barely recovering, China having an internal debt crisis.
 
Nine_Ender said:
The last US trade war was in the early 1930s. By the time they realized it was a mistake there was something like 30% unemployment and people were unwilling or unable to invest in business to end the Depression. That precedent suggests that much of what Trump does is likely destructive not constructive to the economy.
More...

situations and players are vastly different.... why all the chicken little... and you are in Toronto, so not American? perspective can be different then.
 
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