China hits back at Canada with fresh agriculture tariffs

Mods really need to consolidate all of these threads into the one created by HA.

As for the pause, as of this moment:

1744223549007.png

Que up Monty Hall: Let's make a deal

@Musings , sir, perhaps you can help merge threads? Unless you enjoy locking that is?
 
WWF wrestling match between the G2 top economies of the world. You know how all those WWF matches go, they all fake!

The comedy relief will end when the SP500 drops to an acceptably low level from its 6000 peak. Until then ooh aah both sides will throw comically large tariff fake punches at each other...
 
I think the damage was already being done.

USA and China relationship won't be the same, especially in China side.

Tariffs 104 + 125 = 229%!!!

I don't think it will be in the short term, it will be like that in the very, very long term.

I can say USA and China are decoupling in the real meaning.

The whole worlds relationship with the u.s won't be the same

They are idiotically assuming any tarrifs negotiations will result in some trumpian victory

At best countries are looking for time so they can implement plans to switch from a currently irrational U.S
 
China is getting the special treatment.
 
Trump in a Truth Social post says he is “immediately” raising U.S. tariffs on Chinese imports to 125% “based on the lack of respect that China has shown to the World’s Markets.”

But Trump in the same post says he has “authorized a 90 day PAUSE” for other countries, pointing to what he says are more than 75 nations who have reached out to negotiate.

That pause, and “a substantially lowered Reciprocal Tariff during this period, of 10%,” are both “effective immediately,” Trump writes.

SEC (Security and Exchange Commission) would have a tough time ahead in the next 90 days to filter out all potential insider trading purchase.

This is a pump and dump at the highest level, literally the president is using his executive power to manipulate the stock market. Mind you, this is not over, he didn't cancel the tariff, he delayed it for 90 days, which mean we may be looking at another pump and dump in 90 days' time. Also, this is just applying to reciprocal tariff, not the baseline "10% everybody gets one" tariff, which went into effect last night. And EU already said there are no deal and raise US tariff to 25%, expecting Canada to follow after the general election (unless Carney is out)
 
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SEC (Security and Exchange Commission) would have a tough time ahead in the next 90 days to filter out all potential insider trading purchase.

This is a pump and dump at the highest level, literally the president is using his executive power to manipulate the stock market. Mind you, this is not over, he didn't cancel the tariff, he delayed it for 90 days, which mean we may be looking at another pump and dump in 90 days' time.
Maybe. Maybe not.

Bad enough the market makers pump and dump on their own accord. Not sure they would try and do so a second time.

There will be some agreements made.
 
Village idiot who another load of idiots elected…. Twice …. trying to make it look like his shameful U turn was all part of his grand plan😂 best bit is his stupid supporters will believe this 💩 ‘disrespected world markets’ eh?🤯😂idiot!!!
 
Maybe. Maybe not.

Bad enough the market makers pump and dump on their own accord. Not sure they would try and do so a second time.

There will be some agreements made.
Again, it wouldn't really matter if 150 countries kissing his hairy ol behind unless the top 5 countries we had trade deficit with play along, otherwise we are still looking at 70% of the trade deficit to back fire if those country don't make deal. And 2 of them, the biggest one, EU and China (alone is about 30-35% of all US Trade deficit) already ruled out any deal, and Trump goes a whopping 125% now, I don't see the Chinese backing down, it's going to raise the game.

EU already set 25% tariff back, that may or may not be implement now with the delay, I am expecting Canada to follow suit after the next General Election unless Carney is not in, because he is running this platform that give him the resurgence, he won't drop it now if he got re-elected , which mean Mexico (110 billions deficit) and Vietnam (130 billion deficit) is the sole unknown player that can go either way, which still mean if these two countries don't go along with the other 3, you are still looking at 40-45% of the 1.2 Trillion deficit in play, that still a big number.

On the other hand, this is a pump and dump no doubt, Trump knows this is going to crash the market, if he wants more time to negotiate, he will set the tariff in effect 90 days after he announce it last week, instead of announcing it now and roll it back later. He will most definite do it again in 90 days time if this is going to be heading that way, unless by some miracle country like Vietnam and Cambodia or Lesotho can really address the trade balance, which means they either buy more American stuff or sell less to America, this is not going to change the calculus, which mean you actually want this to be just a pump and dump because at least after however many rounds this game being played, he wouldn't go after those country that will simply extend our trade deficit because we would still be buying a levi jean sourced from Lesotho and a pair of Air Jordan made in Vietnam, it will just be 50% more expensive.
 
Trump didn't need to do all this,he should just have targeted the dirty 15
Point is he opened too many fronts
 
China can start to sell weapons to Russia when there is no trade between China and US. The next step would be US kicking China out of SWIFT system. Then China takes Taiwan. Cold War 2.0 officially kicks off.

If I'm not mistaken, the Chinese recently tested the digital RMB with the UAE and Indonesia. The roadmap China laid out 8+ years ago is slowly bearing fruit, and the Russian conflict also taught the Chinese some lessons.
 
All China approach we will win through bussiness only failed badly, they need firm block and allies but that is expensive and they need to start spending now.
 
Again, it wouldn't really matter if 150 countries kissing his hairy ol behind unless the top 5 countries we had trade deficit with play along, otherwise we are still looking at 70% of the trade deficit to back fire if those country don't make deal. And 2 of them, the biggest one, EU and China (alone is about 30-35% of all US Trade deficit) already ruled out any deal, and Trump goes a whopping 125% now, I don't see the Chinese backing down, it's going to raise the game.

EU already set 25% tariff back, that may or may not be implement now with the delay, I am expecting Canada to follow suit after the next General Election unless Carney is not in, because he is running this platform that give him the resurgence, he won't drop it now if he got re-elected , which mean Mexico (110 billions deficit) and Vietnam (130 billion deficit) is the sole unknown player that can go either way, which still mean if these two countries don't go along with the other 3, you are still looking at 40-45% of the 1.2 Trillion deficit in play, that still a big number.

On the other hand, this is a pump and dump no doubt, Trump knows this is going to crash the market, if he wants more time to negotiate, he will set the tariff in effect 90 days after he announce it last week, instead of announcing it now and roll it back later. He will most definite do it again in 90 days time if this is going to be heading that way, unless by some miracle country like Vietnam and Cambodia or Lesotho can really address the trade balance, which means they either buy more American stuff or sell less to America, this is not going to change the calculus, which mean you actually want this to be just a pump and dump because at least after however many rounds this game being played, he wouldn't go after those country that will simply extend our trade deficit because we would still be buying a levi jean sourced from Lesotho and a pair of Air Jordan made in Vietnam, it will just be 50% more expensive.

China is in a different position now compared to Trump's first term. I do not see the Chinese backing down.

It's either Trump purposefully doing a pump and dump, or he blinked first.
 

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