China hits back at Canada with fresh agriculture tariffs

There are a lot of people who don't take Krugman seriously and for good reason.

Like Trump, he too has his base and they lap it up much like they did at Jonestown.
 
I think China hits the wall.

USA is not negotiable. USA doesn't need other countries, as much as other countries need USA. USA wants China to kiss USA's ass.


There will be a moment in the near future when the situation is getting much worse than now... China will cease all the trade with USA.

China will stop sending cargo ship to USA.

I think this is what USA wants... Trump wants.

Anyway, I just want to say, "Congratulation to USA! You win the trade war! Cheers!!!" Hahaha
Bro, you need to understand how trade works. It is not a one sided story, American MNCs need the Chinese goods to sell for a profit. No goods, no billions in profit. Used to be a win win but the US oligarchy sucked their people dry and high creating TRUMP.
 
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What a mad day

Trump name calling all trading partners who want to negotiate they want to kiss his azzz.

His vice president insults China as a country of peasants.

Only the sell off, near collapse of US 10y gov bonds forces Trump to back down. but he double down on China with more tariffs.

Now China 145%, Mexico 25%, Canada 25%
All other countries 10%
90 days pause

let see what’s reaction from China
and how Trump will respond.
 
What a mad day

Trump name calling all trading partners who want to negotiate they want to kiss his azzz.

His vice president insults China as a country of peasants.

Only the sell off, near collapse of US 10y gov bonds forces Trump to back down. but he double down on China with more tariffs.

Now China 145%, Mexico 25%, Canada 25%
All other countries 10%

let see what’s reaction from China
and how Trump will respond.
China is 125%.
 
China is 125%.
if you add all tariffs Trump puts on China
4.2 10%
4.3 10%
9.4 84%
9.5 125%
here a good article that explains what happened yesterday.
Trump plays a highs take poker. he risks the total collapse of US empire. just to take down China.
 
if you add all tariffs Trump puts on China
4.2 10%
4.3 10%
9.4 84%
9.5 125%
here a good article that explains what happened yesterday.
Trump plays a highs take poker. he risks the total collapse of US empire. just to take down China.
It was like tariffs timeline:
1. 10%
2. 10%
3. 34% reciprocal
4. 50%
5. 21%
total now 125%.

One of his ultimate goals is China, no doubt, as many American experts advise him to do.
 
It was like tariffs timeline:
1. 10%
2. 10%
3. 34% reciprocal
4. 50%
5. 21%
total now 125%.
honestly I get lost.
I take the number 145% from the calculation other people made.
that came from calculating all tariffs Trump #1, Trump #2.

but doesn’t matter of 100 or 200 pct. anything above 10% is overkill.
most businesses have profit margins below 10%.
 
honestly I get lost.
I take the number 145% from the calculation other people made.
that came from calculating all tariffs Trump #1, Trump #2.

but doesn’t matter of 100 or 200 pct. anything above 10% is overkill.
most businesses have profit margins below 10%.
Make Americans pay instead as Chinese did in his first term and Biden's, don't pay the tariffs yourselves He added 21% today just to satisfy his ego that US has the upper hand and is the boss.
 
Make Americans pay instead, don't pay the tariffs yourselves.
that’s an import tax. importers pay it. they pass it to the consumers, so technically it’s a sales tax.

the problem is just if the price is too high beyond affordable the demand will shrink, in worst scenario, collapse.

that’s probably Trump’s endgame. he wants to reduce chinese imports to 0.
that’s unrealistic. Who can replace China? there is none.
but he apparently doing it.
 
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The American people will "support" Trump in their own way.
Come on! Americans!
Come on! Trump!
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Mass Protests Across the Country Show Resistance to Trump​

Demonstrators packed the streets in cities and towns to rail against government cutbacks, financial turmoil and what they viewed as attacks on democracy.


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they can protest because they are in America.. in some other countries, they would have been overun by Tanks
 
that’s an import tax. importers pay it. they pass it to the consumers, so technically it’s a sales tax.

the problem is just if the price is too high beyond affordable the demand will shrink, in worst scenario, collapse.
That's why after 70% esp like 100%, doesn't make sense anymore, two countries effectively will be decoupled.
 
they can protest because they are in America.. in some other countries, they would have been overun by Tanks
Like minorities being mass murdered in some country that is going on everyday now.
 
What a mad day

Trump name calling all trading partners who want to negotiate they want to kiss his azzz.

His vice president insults China as a country of peasants.

Only the sell off, near collapse of US 10y gov bonds forces Trump to back down. but he double down on China with more tariffs.

Now China 145%, Mexico 25%, Canada 25%
All other countries 10%
90 days pause

let see what’s reaction from China
and how Trump will respond.
I don't understand the securities industry and related economics. According to industry insiders:

Yesterday, Japanese hedge funds were the first to fail to withstand the pressure and were forced to sell a large number of US Treasury bonds, causing a huge change in US Treasury bond prices.

I just woke up today and saw the latest news about Trump...

If China also starts to sell a large number of US Treasury bonds, what can Trump do to save the United States?
 
That's why after 70% esp like 100%, doesn't make sense anymore, two countries effectively will be decoupled.
will be the case.
the world is not big enough for 2 elephants.
 

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