Showing posts with label Trade. Show all posts
Showing posts with label Trade. Show all posts
Sunday, June 29, 2025

Looks like there's a new chart at FRED which tracks Trump's goods-trade deficits lol, $96.5 billion in May

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Saturday, June 28, 2025

Trump administration fails to intimidate Canada, goes Galt and ends trade talks

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  Trump ends all U.S. trade talks with Canada over digital services tax             ... The first payments from Canada’s digital services ta...
Sunday, June 15, 2025

TACO Trump is negative for long term investment, 1Q2025 exports were the worst on record for their positive contribution to GDP

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Does anybody ever talk about exports anymore? You know, from domestic production?  ... In recent years, a cautious optimism had returned, a...

TACO Trump chickens out on more than just tariffs, calls off the ICE raids on agriculture, restaurant, and hotel jobs to quell heartland rebellion

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Stephen Miller most hurt. On Wednesday morning, President Trump took a call from Brooke Rollins, his secretary of agriculture, who relayed a...
Thursday, June 12, 2025

Taco, taco, taco man . . .

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    Most retail execs expect Trump to walk back ‘reciprocal’ tariffs, survey says "Liberation Day" was just a trial balloon. 

Stocks are up, yields are down lol

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    Bessent floats extending tariff pause for countries in ‘good faith’ trade talks
Wednesday, June 4, 2025

Emmanuel Todd: The Trump "revolution" is a mixture of reason and nihilism headed toward decadence in a nation now missing the strengths of both ethnic cohesion and Protestant faith

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  This is the full text of La révolution Trump by Emmanuel Todd in "From Russia With Love", translated by Arnaud Bertrand: The T...
Tuesday, June 3, 2025

TACO Trump strikes again

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 Trump always chickens out, aka paper tiger, etc. (June 2) Trump administration pauses Social Security benefit cuts over defaulted student l...
Thursday, May 29, 2025

Trump lays tariff egg with new "Chicken Do"

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We've been liberated from Liberation Day by two Republicans (one appointed by Trump) and one Democrat on a court handpicked by Trump to adjudicate his tariffs lol

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  Federal trade court strikes down Trump’s reciprocal tariffs The U.S. Court of International Trade on Wednesday blocked steep reciprocal t...
Thursday, April 24, 2025

This number seems wei tu lo

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  IMF Warns Trump Could Cost the World a Trillion Dollars The Guardian   Is that all?   World GDP in 2023 was $106...
Wednesday, April 23, 2025

Pyrex glass plant in Charleroi PA closes after 132 years because of Chinese imports, Trump powerless to stop it

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The casualties of America’s loss of glassware manufacturing to China ... Anchor Hocking took over the Charleroi plant in March of 2024 and ...

Trump's tariffs mean that the skies will be empty, along with the shelves

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 Boeing hopes to find new buyers for up to 50 planes returned by China ... Two Boeing jets have returned to the US from China , with anothe...
Tuesday, April 15, 2025

In the age of everything that is good is awesome, everything bad must be an emergency

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 The Zeitgeist is epitomized by a general hysteria, incapable of proportional thinking and hostile to reason, and so it should come as no su...
Tuesday, April 8, 2025

Ambrose Evans-Pritchard: Trump will stop at nothing in his quest for imperial power and will destroy the credibility of US Treasury debt

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  telegraph.co.uk If you think it’s alarming now, just wait for Trump to wreck the bond m...

DOGE World's Elon Musk tries to escape universal opprobrium, calls Tariff World's Peter Navarro Peter Retarrdo, dumber than a sack of bricks

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Might as well go out with guns a-blazin'. Musk is a free-trader who is not down for the tariff struggle.  
Monday, April 7, 2025

Trump's biggest tariff, 50%, was on tiny landlocked poverty-stricken Lesotho inside South Africa, over a minuscule trade imbalance of $234.5 MILLION in 2024, which is under a treaty for godsakes

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  Lesotho's exports to the US in 2024 were valued at $237.3 MILLION lol. Trump now wants 50% of that. King George III, who also was nuts...

Trump's top trade advisor is nuts, 0% tariff offer from Vietnam isn't good enough

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 They're making it impossible for the world, which will end up trading with everybody except us.  Peter Navarro says Vietnam’s 0% tariff...
Sunday, April 6, 2025

Normally you institute protectionist policies like tariffs when you already have something to protect, not before

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But our Orwellian Republicans put the cart before the horse. You can't return to something which no longer exists. The net trade deficit...
Thursday, April 3, 2025

Trump tariff math is about trade imbalances and is not about a reciprocal response to a rate, requiring a trading partner to buy more from the United States rather than just eliminating its tariff rate

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In other words Trump's calculations of foreign countries' tariffs on the United States result in fictional rates. From the story her...