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Showing posts with the label Trade War

Tariff Wars: Canada Strikes Back

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 Ben Norton on the ins and outs of the new trade war between the United States and Canada, and why Canada may have an advantage:  But yeah, pretty sure most Americans don't realize that we're pumping oil from Alberta, Canada:

More On the Trump China Trip

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The Travesty of Trump's Tariffs

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What Happened To The US Dollar?

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TACO Thursday...

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 aka, "Let Trump Think That He Won, Even If You Got Everything You Wanted:"

Who Will Win the Trade War: US or China?

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Trade Wars: Why the United States Needs China (And Not the Other Way Around)

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China Trumps The United States

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  Highlights: China's weapons (specifically their aircraft) was on full display in the recent Pakistan-India conflict, and is clearly light years ahead of what the West is offering. America's addiction to the Military Industrial Complex has cost it the ability to keep up in military production (China's already testing 6th generation planes while the US equivalent is still on the drawing board). The Trump White House has no true North Star in dealing with the global economy (when China visited the US recently, the administration had not real "ask"). China has won/is winning the Trade War (US tariffs on China to drop from 145% to 30%, China lowers their tariffs to 10%, resetting the tariffs to pre-"liberation day" numbers).

"How Competitive Is the US With China?"

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Trade Wars: Tariffs Are Beginning To Impact American Inventory (EMPTY PORTS = EMPTY SHELVES)

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Trade Wars: Hard To Convince People Who Shop On a Regular That Gas and Groceries Are Getting Cheaper.

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Trade Wars: China Doesn't Need US Energy, Agricultural Exports

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Trade War: Why It's Hard To Bring Manufacturing Back To The United States

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 The video makes some good points; let's watch them and then talk a bit about them: Diligence : Yeah, Americans are not working longer hours in a factory without extra pay. If the Cost of Living and Quality of Life were better, maybe... Cutting Edge Technology : China is introducing flying taxis to go along with their high-speed rail  and attempts to cure cancer ; Americans are still arguing over fixing roads and bridges (which would have created a few more jobs) and giving citizens universal health care. We are not the same.  Decades of Manufacturing Experience : So much so that it's part of the Chinese culture at this point. It would take years for Americans to catch up, and as Phillip Scott pointed out, we can't even get Americans to farm when presented the opportunity. Also, with the Department of Education being attacked, good look streamlining that training in any efficient way. Low Industry Power Costs : When the utility companies aren't concerned with squeezing...

Trade Wars: Recapping How China Outmaneuvered The Trump Administration

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Trade Wars: Let's Make a Deal?

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 Sadly, you ask five different White House officials what's going on, and you'll get five different stories:

Trade Wars: Bezos' Attempt At Resistance Dies In Darkness

 So earlier today, Amazon was preparing to itemize their products a bit by explaining how the Trump Tariffs would impact the prices, but after a call from the president, Amazon founder Jeff Bezos had his company back down . For their part, the White House is complimenting Bezos' swift knee-bending while downplaying the true impact of the tariffs: At a briefing Tuesday, White House Press Secretary Karoline Leavitt called the move a “hostile and political act,” adding that she had spoken about the matter with President Trump earlier. Commerce Secretary Howard Lutnick echoed Levitt’s comments, saying it’s a hostile act if a company goes out of its way to “make it seem” like tariffs have caused prices to change. “It’s nonsense,” he said Tuesday in a CNBC interview. “A 10% tariff is not going to change virtually any price,” he added, referring to the nearly universal baseline tariff on all countries. “The only price will change would be a product that we don’t make here, like a mango.” ...

Trade Wars: Has Trump "Chickened Out?"

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As we close on on Day 15 of the 90-Day Tariff Pause ( with no deals at the moment ), let's focus a bit on the two big players: China and the United States. China says that, " Any claims about the progress of US-China trade negotiations are groundless as trying to catch the wind and have no factual basis " and that the US " should cancel all unilateral measures on China " (read: tariffs) if they want to proceed.  President Trump's tone regarding China and their tariffs has seemed to change , and everyone's taken notice. Seeing as we're entering a slightly new phase in these Trade Wars, here's recent posts/videos related to the matter... First we have CNN talking about whether Trump "chickened out" to China (keep in mind that the guests on here agree with Trump on principal more than execution): Danny Haiphong hosts a segment with Dr. Warwick Powell, Carl Zha, and KJ Noh that highlights when and how China took the advantage: On his own ch...

Lawyer and Yale Graduate Has a Response to Fellow Alum JD Vance

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Trade Wars: 5,000 Years Of Experience Has China Feeling Confident

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Trade Wars: China Is More Prepared Than The United States

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