*****Official Reciprocal Tariff Thread*****

41,958 Views | 636 Replies | Last: 49 min ago by will25u
BusterAg
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lexofer said:

FobTies said:

Japan and US likely get a deal done. They are the enemy of our Chinese enemy. Each deal is a step towards ending this trade deficit nonsense. We should start to see victory described as reducing foreign costs and burdens imposed on America, instead of onshoring a manufacturing job boom.

You do know China, Japan and South Korea have been negotiating a free trade agreement because of this mess? One of the main areas is China is to supply semiconductor raw materials and Japan/Korea to supply chips to China.

https://asianews.network/china-japan-south-korea-to-bolster-trade-ties/

Any bets on whether or not this gets finalized, and the final deal is anything but a nothingburger?

I will even let you suggest a way to measure meaningfulness.

These countries hate each other with a deep-seated racism that makes Jim Crow look like a toddlers game. You would find less inter-group hate than a room of San Francisco politicians, US Marines, and Russian oil industry oligarchs.
It takes a special kind of brainwashed useful idiot to politically defend government fraud, waste, and abuse.
Fitch
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The playbook here has been out for a while. I'm surprised that any one in the media is surprised.

pagerman @ work
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Fitch said:

The playbook here has been out for a while. I'm surprised that any one in the media is surprised.



Who wrote that piffle?
“Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy. It's inherent virtue is the equal sharing of miseries." - Winston Churchill
BusterAg
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pagerman @ work said:

Fitch said:

The playbook here has been out for a while. I'm surprised that any one in the media is surprised.



Who wrote that piffle?
Stephen Marin.

https://www.hudsonbaycapital.com/documents/FG/hudsonbay/research/638199_A_Users_Guide_to_Restructuring_the_Global_Trading_System.pdf

For what its worth, Hudson Bay invented the publicly traded patent troll.
It takes a special kind of brainwashed useful idiot to politically defend government fraud, waste, and abuse.
nortex97
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So, yes, this will 'leave a mark' on the Chinese economy pretty quickly.
GarlandAg2012
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The last portion - the author seems to think that a country who accepts being tariffed by us pays into the Treasury. Tariffs are levied on US taxpayers. Does the author think the tariff isn't passed on to the end consumer?
nortex97
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GarlandAg2012 said:

The last portion - the author seems to think that a country who accepts being tariffed by us pays into the Treasury. Tariffs are levied on US taxpayers. Does the author think the tariff isn't passed on to the end consumer?
170 countries tariff our exports for a reason.
will25u
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"We the people are the rightful masters of both Congress and the courts, not to overthrow the Constitution but to overthrow the men who pervert the Constitution."

- Abraham Lincoln
mm98
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I don't see any other news on this
Fitch
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https://economictimes.indiatimes.com/news/international/global-trends/meet-stephen-miran-the-harvard-hawk-behind-trumps-trade-blitz-eyeing-a-mar-a-lago-accord/articleshow/120352450.cms?from=mdr

Quote:

Stephen Miran is no longer just a background figure in Washington. Harvard-trained, data-savvy, and unapologetically protectionist, he's fast becoming the intellectual force behind Donald Trump's scorched-earth trade policies. Recently elevated to Chair of the White House Council of Economic Advisers, Miran is calling for nothing less than a global economic overhaulone that would weaken the US dollar, erect new tariff walls, and force foreign nations to pick up the bill for America's military and financial dominance.
pagerman @ work
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Fitch said:

https://economictimes.indiatimes.com/news/international/global-trends/meet-stephen-miran-the-harvard-hawk-behind-trumps-trade-blitz-eyeing-a-mar-a-lago-accord/articleshow/120352450.cms?from=mdr

Quote:

Stephen Miran is no longer just a background figure in Washington. Harvard-trained, data-savvy, and unapologetically protectionist, he's fast becoming the intellectual force behind Donald Trump's scorched-earth trade policies. Recently elevated to Chair of the White House Council of Economic Advisers, Miran is calling for nothing less than a global economic overhaulone that would weaken the US dollar, erect new tariff walls, and force foreign nations to pick up the bill for America's military and financial dominance.


It's always a good idea to pursue a radical policy that is endorsed by one guy.
“Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy. It's inherent virtue is the equal sharing of miseries." - Winston Churchill
ttha_aggie_09
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Was this ever verified elsewhere?
will25u
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"We the people are the rightful masters of both Congress and the courts, not to overthrow the Constitution but to overthrow the men who pervert the Constitution."

- Abraham Lincoln
will25u
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ttha_aggie_09 said:

Was this ever verified elsewhere?

Haven't seen anything else on it, but news is moving so fast nowadays.
"We the people are the rightful masters of both Congress and the courts, not to overthrow the Constitution but to overthrow the men who pervert the Constitution."

- Abraham Lincoln
ttha_aggie_09
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10-4. I appreciate you snagging these just trying to filter out what's a one off and what's being reported elsewhere.
will25u
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Seems kinda.... desperate.
"We the people are the rightful masters of both Congress and the courts, not to overthrow the Constitution but to overthrow the men who pervert the Constitution."

- Abraham Lincoln
will25u
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"We the people are the rightful masters of both Congress and the courts, not to overthrow the Constitution but to overthrow the men who pervert the Constitution."

- Abraham Lincoln
mm98
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Not surprising. India is trying to overtake so much of chinas low cost manufacturing
will25u
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"We the people are the rightful masters of both Congress and the courts, not to overthrow the Constitution but to overthrow the men who pervert the Constitution."

- Abraham Lincoln
will25u
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"We the people are the rightful masters of both Congress and the courts, not to overthrow the Constitution but to overthrow the men who pervert the Constitution."

- Abraham Lincoln
will25u
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"We the people are the rightful masters of both Congress and the courts, not to overthrow the Constitution but to overthrow the men who pervert the Constitution."

- Abraham Lincoln
Hoyt Ag
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Along with Vietnam, Thailand, Cambodia, Indonesia, Philippines and Bangladesh. With India, That is nearly 2 billion people to open US goods to.
rgvag11
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Secolobo
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Quote:

Jim VandeHei

@JimVandeHei

CEO/Co-Founder of Axios; Chairman/Co-Founder Axios HQ; Co-Founder Politico; Pre-order new book - Just the Good Stuff:
JohnClark929
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The only verified progress is Trump capitulating. I don't see this trend ending till we are back where we started with only face saving lightweight MOUs to show for it.
will25u
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"We the people are the rightful masters of both Congress and the courts, not to overthrow the Constitution but to overthrow the men who pervert the Constitution."

- Abraham Lincoln
will25u
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JohnClark929 said:

The only verified progress is Trump capitulating. I don't see this trend ending till we are back where we started with only face saving lightweight MOUs to show for it.


Per Trump, doesn't seem like it with China.

"We the people are the rightful masters of both Congress and the courts, not to overthrow the Constitution but to overthrow the men who pervert the Constitution."

- Abraham Lincoln
BullHaulAg
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Our quality of life is so fantastic because of outsourcing. All of our products are cheap because they are made in sweatshops overseas.
B-1 83
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At this point, I'll make a bold prediction:
1. China will lower some tariffs and Trump can claim victory (it will be, however small in Dem's eyes)
2. China can claim it didn't cave to all of Trump's demands and save face (very important)
Being in TexAgs jail changes a man……..no, not really
will25u
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"We the people are the rightful masters of both Congress and the courts, not to overthrow the Constitution but to overthrow the men who pervert the Constitution."

- Abraham Lincoln
will25u
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will25u
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Who exactly is cracking?

will25u
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Biz Ag
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will25u said:




And wait until the tariff issues with China are settled. Container shipping rates from Asia will rise to levels never seen before.

The party is just starting.
captkirk
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