Tariffs arround the world an interesting view

FWIW about how Trump's buddies have reap the benefits of the shenanigans he has created and no doubt he has too!

oh absolutely on CH4 news last night they were barely able to contain the accusations of massive dealing fraud
even a story on BBC news said dealers were hovering over sell buttons as he dragged his fat ase into that garden announcement.
 
oh absolutely on CH4 news last night they were barely able to contain the accusations of massive dealing fraud
even a story on BBC news said dealers were hovering over sell buttons as he dragged his fat ase into that garden announcement.

The STOCK Act of 2012 made it illegal for members and employees of all three government branches — including the president — to trade on nonpublic information gained through their jobs

Top executive branch officers and employees are required to disclose investment transactions worth more than $1,000 within six weeks.
That means we may eventually know who, if anyone, traded on Wednesday.
 
The STOCK Act of 2012 made it illegal for members and employees of all three government branches — including the president — to trade on nonpublic information gained through their jobs

Top executive branch officers and employees are required to disclose investment transactions worth more than $1,000 within six weeks.
That means we may eventually know who, if anyone, traded on Wednesday.

probably but Trump has proven himself to be made of Teflon so nothing will stick and also he will have had flumkies do all the dirty work
he is truly as corrupt as any mafia boss now, its all done and dusted.
 
From an interesting piece in the LA times,

“The United States gets vital goods from China that cannot be replaced any time soon or made at home at anything less than prohibitive cost.”

In an escalating trade war, China will lose sales — that is, money. But China, unlike the U.S., has a surplus of savings, meaning it can survive the loss of trade revenues indefinitely. By shutting down imports from China, Posen observes, “the United States will face shortages of critical inputs ranging from basic ingredients of most pharmaceuticals to inexpensive semiconductors used in cars and home appliances to critical minerals for industrial processes including weapons production.”
 
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wee us stock markets survived friday just even rallied a bit
guess we will see how they open monday
after trump plays golf all weekend
 
From an interesting piece in the LA times,

“The United States gets vital goods from China that cannot be replaced any time soon or made at home at anything less than prohibitive cost.”

In an escalating trade war, China will lose sales — that is, money. But China, unlike the U.S., has a surplus of savings, meaning it can survive the loss of trade revenues indefinitely. By shutting down imports from China, Posen observes, “the United States will face shortages of critical inputs ranging from basic ingredients of most pharmaceuticals to inexpensive semiconductors used in cars and home appliances to critical minerals for industrial processes including weapons production.”
There's another, one could say, more important difference between the US and China. China doesn't have to be concerned about public opinion.
 
Another reversal?


Maybe, just maybe he will understand the error in his "methods"?
 
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Let's see who bought Apple shares just before this...
I do wonder if the 'pot is still boiling ' re: market manipulation and/insider dealing :thinking: and as such when might it come back to bite him and his 'friends' wealthy ones or otherwise!
 
Hopefully :thinking: China don’t decide to apply a tax to mobiles/parts exported to Trumpland
 
All his flip flopping with tariffs actually has the reverse effect of making manufacturing return to the USA; the very large companies look for stability and certainty before making long term investments that could run into billions. They're more likely to just sit and wait to see what next week's wizard wheeze is
 
The elephant in the room Trump doesn't want to talk about is the general issue around the globe which affects where things are made especially small cheaper its its
the costs of labour , even europe is feeling it, the reason the german car industry is in crisis, no one is coming to the usa to build factories for that kind of stuff
as americans will not pay the higher prices.
 
China cannot believe their luck,

In only a couple of years they have seen the neutering of Russia as a world military superpower and now they are witnessing a similar self destruction of America as an economic superpower.

The problem with castles, in a war, has always been that if the supply routes in and out are blocked then the inhabitants rely on their stockpiles for a short while before slowly starving to death.
 
China cannot believe their luck,

In only a couple of years they have seen the neutering of Russia as a world military superpower and now they are witnessing a similar self destruction of America as an economic superpower.

The problem with castles, in a war, has always been that if the supply routes in and out are blocked then the inhabitants rely on their stockpiles for a short while before slowly starving to death.
And even more so (for some countries?) when you consider the generational planning of Xi in regard to his "Belt & Road" initiative. It will become the "primary road" for all trade i.e. a belt that ties them in!
 
I'm sorry Sony, but this is pure profiteering. There has been no increase on tariffs in Europe or Australia so no need to raise prices.
If an increase in the USA price leads to grey import to the USA that's an American problem, not yours or ours.

 
I have to say also I stuck 10k in my Shares ISA last week
 
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