LOL. Until the next Hurricane season.
[QUOTE=KeviKev68;2980317]You are dead wrong! We have the Gulf of America now. That's real leadership that America can count on. LOL.[/QUOTE]That will last until the next Repub Party-facilitated historic record worst Climate Change Hurricane ravages the Gulf States.
Then he'll go back to blaming Mexico for it. "They coulda' turned off that big water faucet and this never woulda' happened"!
LOLOLOLOLOLOLOL you soooo silly you soft in the head
A half a day of decline in the S&P 500 and the Dow and Trump folded like a cheap lawn chair!
What happened to Mexico "taking advantage of us economically" and "other countries will pay us billions and we can fund everything from my brilliant tariffs"?
How the hell does a bunch of bored Mexican soldiers hanging around getting paid to look the other way while USA citizens smuggle drugs across the border have to do with those trade imbalances Trump was whining about and the billions in free money Mexico was going to pay us with those Trump Tariffs?
"Trump pauses Mexico tariffs for one month after agreement on border troops. ".
[URL]https://www.cnbc.com/2025/02/03/trump-tariffs-mexico-canada-china-sheinbaum-responds.html?__source=androidappshare[/URL]
LOLOLOLOLOLOLOL you soooo silly you soft in the head.
Meanwhile, his only "win" so far with all this Tariff bullshit is the president of Colombia agreed to let him continue doing what Obama and Biden were already doing in greater numbers and cheaper! Lolol.
[URL]https://www.nytimes.com/2025/02/03/us/politics/trump-economy-threats.html[/URL]
Trump Wields USA Power With Unclear Economic Consequences.
The president sees the USA Economy as a powerful lever against other countries but there are risks to that approach.
Share full article.
564.
President Trump, wearing a blue suit and red tie, sits at a wooden desk facing a line of microphones.
Economists say that as strong as the American economy is, trade wars will weaken it by raising prices, stalling investment, slowing growth and dragging down exports. Credit. Doug Mills / The New York Times.
Ana Swanson.
By Ana Swanson.
Ana Swanson has covered international trade for over a decade and is based in Washington.
Feb. 3, 2025.
Updated 5:48 pm ET.
President Trump is brandishing the USA Economy like a weapon, threatening to put more than a trillion dollars of trade on the line with economic wars on multiple fronts.
In a high-stakes confrontation that lasted over the weekend and into Monday, Mr. Trump promised to put tariffs on the United States closest trading partners, which are together responsible for more than 40 percent of American imports, to try to force them to accede to his demands.
Mr. Trump was pushing Canada, Mexico and China to stop flows of migrants at the border one of his major domestic policy issues as well as to stem shipments of deadly drugs, and offer the United States better terms when it comes to trade relationships.
Both Canada and Mexico earned slight reprieves on Monday after Mr. Trump agreed to delay tariffs of 25 percent which were supposed to go into effect on Tuesday for a month. That decision came after President Claudia Sheinbaum of Mexico promised to reinforce the USA -Mexico border with 10,000 members of its National Guard. Justin Trudeau, the Canadian prime minister, said Canada would appoint a fentanyl czar, launch a joint strike force to combat organized crime and list cartels as terrorists, among other steps.
Advertisement.
SKIP ADVERTISEMENT.
China has not received any such reprieve and Mr. Trump on Monday said that the 10 percent tariffs that will go into effect on Tuesday were simply an opening salvo.
Speaking from the Oval Office, the president also made clear that he would use tariffs liberally to get other governments to give him what he wants, essentially saying he would leverage Americas economic strength to bully other nations.
I don't want to use names, but tariffs are very powerful, both economically and in getting everything else you want, Mr. Trump said during remarks in the Oval Office. When you're the pot of gold, the tariffs are very good, theyre very powerful and theyre going to make our country very rich again.
The president is right that the American economy is a powerful weapon, and that tariffs, if he chose to put them into effect, would hit other countries harder. Canada and Mexico in particular are deeply dependent on trade with the United States. They send more than 80 percent of their exports to the United States, and could be crippled by a prolonged fight.
But many economists say the strategy would cost the United States, too. They estimate that as strong as the American economy is, trade wars would weaken it by raising prices, stalling investment, slowing growth and dragging down exports. Many farmers and businesses who would see their costs go up and export markets evaporate have protested the risk.
Editors Picks.
The Best Retro Sneakers to Buy Now.
This Carnivore Turned Up in Egypt After Vanishing 5,000 Years Ago.
That Art Piece on Your Coffee Table? Itll Get You High.
Advertisement.
SKIP ADVERTISEMENT.
It remains to be seen what the president will do once his 30 day timeline ends. But even if the president ultimately does not follow through this time around, the uncertainty his policies have created could discourage businesses from investing in new factories and hiring workers until they have a clearer picture of how trade will unfold.
Emily Blanchard, an economics professor at Dartmouths Tuck School of Business, argued that tariff threats eat away at USA Economic leverage. She said that Mr. Trump was undermining the trust that provides the foundation of USA Strength by throwing around the countrys weight in global markets.
If companies and investors expect the United States to deploy tariffs regularly, they will hedge against future disruptions by reducing their reliance on American markets, she said. Trade policy is an economic weapon that becomes less powerful every time it is used, she said.
The president has briefly acknowledged that trade wars could hurt Americans, but he has argued that they will hurt other countries more.
WILL THERE BE SOME PAIN? He wrote on social media on Sunday. YES, MAYBE (AND MAYBE NOT! BUT WE WILL MAKE AMERICA GREAT AGAIN, AND IT WILL ALL BE WORTH THE PRICE THAT MUST BE PAID.
Advertisement.
SKIP ADVERTISEMENT.
A news release accompanying Mr. Trumps trade executive orders over the weekend stated that access to the American market was a privilege for foreign governments. The White House noted that trade accounted for 73 percent of Mexicos economic activity, 67 percent of Canadas and 37 percent of Chinas. But trade is only 24 percent of USA Gross domestic product, it said.
Wendy Cutler, a former USA Trade negotiator and vice president at the Asia Society, said Mr. Trump was correct that trade wars would be more painful for Canada and Mexico. There is no doubt that our partners will be more severely impacted than the United States, with over three-fourths of their exports destined for our market, she said.
Still, USA Consumers, companies and economy will also feel the pain, particularly when subject to retaliatory actions by our partners.
Image.
A line of yellow and white rail cars on a cloudy day.
A rail yard in Windsor, Canada. Mr. Trump has briefly acknowledged that trade wars could hurt Americans, but he has argued that they will hurt other countries more. Credit. Ian Willms for The New York Times.
Researchers at the Peterson Institute for International Economics in Washington have estimated that a 25 percent tariff on Canada and Mexico and a 10 percent tariff on China would hit other countries the hardest, but would also slow the USA Economy.
Advertisement.
SKIP ADVERTISEMENT.
Canadian and Mexican gross domestic product would both shrink by a full percentage point by 2027, they estimate. G. the. P. In the United States would fall by only about a third of that. While that may not seem like much, there are few actions that American presidents have willingly taken that cut economic growth by so much.
Tariffs on Canada and Mexico would be particularly painful because, after 30 years under a common trade agreement, many companies have set up supply chains that cross North American borders. Companies making petroleum, cars, consumer care products, tequila, steel and other products have expressed concern over the tariffs.
Ontario, the province that is home to Canadas auto industry, estimated that 450,000 jobs were at risk because of the tariffs. Officials there announced that they would offer tax deferrals and other measures to help businesses affected by the tariffs.
Beyond the effects on companies, trade experts said the aggressive threats could be longer-term damage to USA Interests. That is because the tariff threats would eat away at international confidence that the United States will abide by trade rules and norms that govern when governments deploy tariffs and why.
Edward Alden, a trade expert at the Council on Foreign Relations, said that the United States had nurtured a system of international rules and predictability for decades. With Mr. Trump threatening to deploy tariffs in a random, incomprehensible fashion, he said, that era has come to an end.
Advertisement.
SKIP ADVERTISEMENT.
The United States is now signaling that tariffs are an all-purpose club to be used for whatever policy goal the president wishes, he said. That formula will create enormous, in many ways unprecedented, uncertainty not just in North America but in the entire global economy.
Canada and Mexico had been poised to retaliate if the tariffs went into effect, despite a USA Threat to escalate tariffs further if they do. Canada announced on Sunday that it would target American-made honey, tomatoes, whiskey and refrigerators. Before the one-month reprieve, Mexicos president had also said her country would respond.
Foreign officials have been frustrated that Mr. Trumps metrics for having tariffs removed were subjective and vague. He had expanded his goals in recent days, saying that countries would also need to reduce their trade surpluses with the United States, in addition to action on drugs and migrants.
Asked on Monday what Mr. Trudeau could offer the United States in order to forestall tariffs, Mr. Trump answered: I don't know. We have big deficits with Canada, like we do with all countries.
Some have implied that Mr. Trumps real goal is to shift the blame for domestic problems to foreign countries.
Advertisement.
SKIP ADVERTISEMENT.
Ms. Sheinbaum said in a social media post on Saturday that if the United States really wanted to address drug issues, it should look to internal measures. It could combat fentanyl sales on its streets, address money laundering or start a campaign to prevent drug consumption, she wrote.
Others have contended that Mr. Trumps motives may be more about sending political signals to his supporters, rather than really affecting drugs, migrants or trade.
Heather Hurlburt, a former Biden administration trade official, said at an event at the Council on Foreign Relations in January that signaling in politics was the single most important purpose of tariffs.
This is a signaling game, she said.
Economic research published last year found that Mr. Trumps tariffs in his first term had not accomplished his stated aims of increasing manufacturing jobs, but that they had still benefited the president politically, by winning over voters for the Republican Party.
Ms. Hurlburt said that after Mr. Trumps first term, it was duly noted across the political spectrum that tariffs had been incredibly effective in getting people to pay attention.
If you want to signal to the public that you are taking on issue X, why or Z, tariffs are now an irresistible way to do it, she said.
YES we CAN...If right-wing wokeism gets outta the way!
[QUOTE=Elvis 2008;2979697]What really happened is that Biden had this brain dead idea that if he funded a few of his favored AI companies, he could control them and all of AI. I did not say that. Marc Andreessen did on Joe Rogan. The one thing that AI companies do not need is government capital. Wall Street has been shoveling it to them in droves.
Thing is Andreessen flipped on the Dems and went Trump once he saw a Soviet style approach to AI. Now that China has produced a good product for far less than what American AI companies did, it looks like the AI companies did very little if any good work and just pocketed the money Biden was throwing at them. [/QUOTE] [i][b](...kkkk!)[/b][/i] Is that why your Fuhrer, is throwing $500 Billion dollar in AI investments at the grovelling "3-Tech Bros"?
So like you, I find Rogan very funny, comedic and a very entertaining talking-head, if I have 5 to 10 minutes to a spare on such tomfoolery. But unlike you, I don't watch Rogan for my education on said matters. But you do you!
[QUOTE=Elvis 2008;2979697]Despite what the European snob said, Chinese cars are higher quality than European and American ones. They did not used to be. So kudos on getting that one right.
As for American car companies competing, you can only compete when there is a level or near level playing ground. Chinese cars are 50% cheaper to produce, and they can innovate for 10% of the cost of American companies and innovate more quickly.
No one can compete with those conditions.[/QUOTE] What a cop-out! Is that just your right-wing MAGA defeatist rhetoric talking, w/r to America competing with China? Again you're wrong on nobody being about to compete with China. Countries like Korea, Vietnam and India are producing their own EVs/PHEVs/Hybrids and competing.
[LIST][i] Right-Wing Woke is alive and well. NYT: [b] "Trump Is Going Woke"[/b], Jan 28, 2024
"Trump's right-wing wokeism impugning electric vehicles (EVs) and renewable energy because they don't conform to MAGA ideology and aren't manly enough is as devoid of common sense and not remotely in the national interest as any left-wing cultural wokeism."
...
"Most important: [b]If Trump's all-in-on-fossil-fuels, drill, baby, drill rallying cry at the dawn of this era of artificial intelligence, electric vehicles, batteries and autonomous cars really becomes our strategy,[/b] it will not make America great again. But it will definitely help make China great again." [/i] [url]https://www.nytimes.com/2025/01/28/opinion/deepseek-ai-trump.html[/url][/LIST]
With idiots and clowns like Trump/Repub admin, saddling Americans, with tariffs and "drill baby drill" asinine policies, is the reason the right-wing woke MAGA gullible, think the U.S. CANNOT compete!
But you are right about the quality and innovation of Chinese EVs/Hybrids/PHEVs and tech, currently being better than many of our American EVs or our European snobs.
Can ICE Vehicle Manufacturers match One (1) Million Kms Warranty?
[QUOTE=Sirioja;2979747]I know China sell more and more and not only cars, in EU and USA, but not meaning because of quality. In Germany, when administration support fell for electric cars, Germans then buy much less electric cars, showing they only buy when not expensive, otherwise they prefer thermic cars. [/QUOTE]As indicated in the 2030 Climate Action Programme (€130 billion funding), the government in Germany strives to enlarge the number of EVs to 10 million and charging stations to 1 million on German roads by 2030. Yes, unfortunately, due to budget constraints, the program ended 1 year earlier in 2023, than was planned. Only €10 billion were used in EV tax credits and incentives. It's a good start, but a long way yet to go.
[QUOTE=Sirioja;2979747]When You love cars, You don t drive electric cars, but at least 6 cylinders engine. When batteries pollute a lot and not lasting long, don t forget our earth turn and what happen in China and USA is above our heads daily, also polluting our air abroad. [/QUOTE] Yeah Whatever! Please no more lies about batteries!
But the way I see it, when you love cars and love OUR PLANT, you'll EMBRACE all manners of viable energy and transportation solutions, that makes for COMMON SENSE, depending on your NEEDS and geo-economical situation. Currently there is no one solution fits all, but rest assured, "electrification" of transportation is becoming the better solution for many modes of transportation and cars.
[QUOTE=Sirioja;2979747]On the other hand, when You buy a quality thermic car, use your brain to power with from agriculture gas, like french E85 , keeping your car for at least 10 years and 300000 kms, then You have a real car, not just a slow bus and You pollute less than electric cars production and which won t last long. I much prefer my V8 Audi built in Ingolstadt. De I powered with french E85 , more powerful and 0% pollution on technical control, than being fucked by shameful Musk or China. [/QUOTE]
What now? [i]..."Use your brain"[/i] and what...then use ethanol? [i][b](...kkkk!)[/b][/i] Is that your best argument? Next you'll be telling me, to [i]"use your brains"[/i] and fuel up your vehicle, using hydrogen (H2).
There are so many things wrong with that E85 statement, it makes me wonder do you really know of what you speak? And while E85 may be a slightly cleaner fuel and makes more power output, than regular gasoline, burning E85 DOES NOT produce 0% pollutant in emissions and you still have to burn 10-12% more fuel, to cover the same distance, verses using regular standard gasoline. So ethanol, it's not as efficient as you claim.
I would love to see this proof. [u]Please provide proof this so called [i][b]"0% pollution on technical control"[/b][/i] of yours![/u]
If ICE vehicles are so much better in quality, please tell me why ICE manufacturers only provide a Powertrain/Drivetrain Warranty Coverage of 60 months/60,000 miles? Meanwhile EV manufacturers provide a [i][b]10 years/100,000 miles[/b][/i], while its 155,000 miles on the Mercedes-Benz EQS.
BTW, the latest generations of EV batteries and EV electric motors, not only coming out of China and Korea, have much better/longer warranties, because they are confident of the QUALITY and LONGEVITY of their products.
So again, if ICE manufacturers are so confident of the quality of their products, I'd like to see them try and match the warranty on China's CATL launched new EV battery (Apr 3, 2024) with close to [i][b]One (1) million miles, 15-year lifespan warranty.[/b][/i] [URL]https://electrek.co/2024/04/03/catl-launches-new-ev-battery-last-1-million-miles-15-yrs/ [/URL]
So if you're gonna argue against EVs, trying making some better arguments and not these lame duck fossil fuel excuses, that ICE vehicle pundits have been trying to make for years.
I would never apologize for loving my country and its people
[QUOTE=Elvis2008;2980340]Do you own landfill stocks? Or are you just talking out of your ass again? 4 out of every 10 cars built in the world today are built in China so you should be raking it in then on your landfill stocks.
Stock in what? The Chinese-American partnerships? Nah, I am not interested in companies the CCCP can take over with a snap of their fingers.
As for loyalty, I would ask loyal to whom? The American car companies who gave away all their production secrets to the Chinese to have a crack at their market?
And by all means, let's keep score on your Democratic douche style virtue signaling. Please assign patriotism scores on buying a Buick built in China, a Chevy built in Korea, and on Hondas and Mercedes built in the USA.
And by all means, how does the poor sucker who bought the Chinese made Buick and thinking he was supporting 'Merica know where his vehicle was actually produced? Admit it. You do not know.
And how about getting up from behind your keyboard and telling the guy that bought the Chinese made Buick that by buying his vehicle, he is buying trash that will fill up a landfill, sucking the dick of the CCCP, and is not loyal / hates his home country? Are you doing that? Yeah, I did not think so.[/QUOTE]Nor would I apologize for being Anti Slavery to PURE EVIL Libertarians that love savages and slave labor.
Let's hear 3 Big Cheers for HUGE FUCKING Global Trade / Tariff War.
[URL]https://amp-cnn-com.cdn.ampproject.org/v/s/amp.cnn.com/cnn/2025/02/03/americas/ecuador-mexico-tariffs-intl-latam?amp_gsa=1&_js_v=a9&usqp=mq331AQGsAEggAID[/URL]#amp_tf=From%20%251%24's&aoh=17386232116935&csi=0&referrer=https%3 A%2 F%2 F [URL]www.google.com[/URL]&share=https%3 A%2 F%2 F[URL]www.cnn.com[/URL]%2 F2025%2 F02%2 F03%2 Famericas%2 Fecuador-mexico-tariffs-intl-latam%2 Findex. Html.
You can thank our Our Lord and Savior and MAGA / Nationalist Populist voters globally!!