Ian H
Squire
You have to become opportunist feeders. There's plenty of wild flora and fauna about if you have the knowledge and skills.
Donald I, emperor of the world.
- Thread starter C R
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You have to become opportunist feeders. There's plenty of wild flora and fauna about if you have the knowledge and skills.
Pblakeney
Well-Known Member
Ooooooo! Has Russia fallen out with Trump? This could get interesting.
"Russia has accused the US of flouting international trade rules by imposing 104% charges on imports from China.
“Washington doesn’t seem itself binded by the norms of international trade law,” Russian foreign ministry spokesperson Maria Zakharova says.
When Donald Trump raised border taxes on Chinese goods by 10% in February, China complained to the World Trade Organization (WTO), which settles trade disputes.
Zakharova says the tariff decisions taken by Trump “violate the fundamental rule of the WTO”. "
"Russia has accused the US of flouting international trade rules by imposing 104% charges on imports from China.
“Washington doesn’t seem itself binded by the norms of international trade law,” Russian foreign ministry spokesperson Maria Zakharova says.
When Donald Trump raised border taxes on Chinese goods by 10% in February, China complained to the World Trade Organization (WTO), which settles trade disputes.
Zakharova says the tariff decisions taken by Trump “violate the fundamental rule of the WTO”. "
First Aspect
Senior Member
Hasn't the economist whose work was used for that calculation now issued a statement saying how they have used it is entirely wrong, and that they should either start again or for a quick fix reduce the tariffs by 75%? He has also said if you calculate balance of trade with each individual country and set tariffs on that basis, you might make it worse.
I suppose we are beyond logic here though aren't we.
I suppose we are beyond logic here though aren't we.
First Aspect
Senior Member
No, Trump will get a hardon from that. He likes strong men.
Pblakeney
Well-Known Member
In that case he will be cumming all over China with an additional 84% being added tonight.
First Aspect
Senior Member
The orange one is in the process of learning the difference between leading a broken democracy and being an actual autocrat. China won't back down.
My understanding is that since Trump's first term China has reduced it's dependence on the US. Plus China has a coupkle of very strong "cards" and it realises how strong those cards are and I suspect Trump doesn't eg critical minerals. Both having the critical mineral resources as well as having the capability to process critical minerals from other countries (eg some critical minerals mined in the US are then sent to China to be processed).
Ian
Pblakeney
Well-Known Member
I'm still wondering.
Blazing Saddles
Member
The talk I heard on R 4 was of US Government bonds being offloaded, which has previously been unheard of as they have Historically been seen as a safe haven, when the stock market has been volatile.
They also pointed out that China has three quarters of a trillion in US bonds and that they may be responsible for the sudden cooling.
CXRAndy
Legendary Member
You're the end user
However if Sainsbury's were selling goods in your farm shop, but not buying your own produce, then charging Sainsbury a tariff would be appropriate
OP
OP
C R
Guru
FAFO,
First Aspect
Senior Member
I'd strongly advise you find that interview with the economist who did the research Trump is misusing. His comments on why trade deficits with individual countries are not necessarily because those countries are ripping you off. It's hard to believe, I know.
OP
OP
C R
Guru
DON'T.FEED.THE.TROLL
Pross
Active Member
In a battle of who needs who most between the US and China there's really only going to be one winner.
