Man, President Trump is one smart and savy business man. Yesterday, he called off tariffs to all countries except China. All along, he had a brilliant scheme. What a smart business man. He was playing poker with these countries. Trump wanted fair trade deals. Implementing tariffs made countries fold their hand. China is playing with bad cards and calling a bluff to Trump.
Trump raised the pot to 125% tariffs for China. China is stupid and want a trade war with America. I think, USA with their new trade agreements with the other countries are gonna fock up China economy. These countries are gonna with USA and Trump demands. Pretty much China will be isolated and see a huge decrease in trade.
Also, this trade war will force American companies to get out of China for their manufacturing needs. Not sure if it's feasible to manufacture goods in USA, labor cost is da killa. And, who's gonna work the manufacturing in America? Maybe relocate manufacturing to Mexico or South America?
Good for you guys, stocks rebounded well. President Trump is a smart dude... Cheers
No one works cheaper than the Chinese, couple that with no regulation and their manufacturing costs are unbeatable. If there is something Americans love it’s a cheap prices and that’s what China provides. Go over to Ports O’call in San Pedro some day. Fisherman’s market. Have a beer and some nice seafood and watch the huge cargo ships from China lined up to be unloaded. Impressive sight.
The pitch is to bring back manufacturing jobs to America from China and Mexico. That will only make things more expensive not cheaper.
Our economy is based on providing services not manufacturing goods. And it’s also based on consumption. Buying goods on credit. The Industrial Revolution was a long time ago. How are we going to have balanced trade with countries that are poorer and smaller than us? How is Vietnam ever going to buy enough goods from us, a country of 350 million, to have a balanced trade relationship? I don’t see it.
No Bruddah, I do not belong here with you wealthy dudes. I'll come by only if I have a ? or 2. Came here for your explanation to President Trump's world wide tariffs... Cheers
They sure are, But keep in mind in the coming weeks we want to see 4982.77 hold that is now the key level, We are certainly seeing volatility at its finest right now, and I’m happy today the cash register is ringing. PLTR, AAPL, WMT. etc.
To Bruddah Ballss, Java and RWC. Do not know much about economics. Please give your expert opinion regarding President Trump Tariff policies. Is it good or bad for USA? Thanxs in advance.
Stocks have tanked. But, Trump keeps insisting in the long run, it's all good for America. What you guys say and think? Cheers.
Thanxs Bruddah for da reply and explanation. Still confused. If Trump's tariffs are bad for our economy why is he doing this? Why would he want to hurt our economy? Hell, President Trump is a smart business man, most likely owns stocks and have mucho wealthy friends. So, his tariffs are hurting him, his friends and America, no?
I googled Tariffs. In short it stated that when there's an imbalance with trade (deficit with our exports), tariffs is a tool to make imports more costly, thus make our goods cheaper. It will make our manufacturers buy domestic parts vs import parts. 2nd reason, we won't rely on foreign countries and companies to make our goods (shoes, computer chips, steel, cars etc). Forces us build our own manufacturing companies. Just like how we use to do things. Everything were made in America...
Today, read that Trump said, "Relax America, I know what I'm doing."
PS. Maybe he wants to start a real war vs China. Provoke them, get them pissed at us. Just like how Japan got pissed at America (oil embargo) and bombed Pearl Harbor.
Man, President Trump is one smart and savy business man. Yesterday, he called off tariffs to all countries except China. All along, he had a brilliant scheme. What a smart business man. He was playing poker with these countries. Trump wanted fair trade deals. Implementing tariffs made countries fold their hand. China is playing with bad cards and calling a bluff to Trump.
Trump raised the pot to 125% tariffs for China. China is stupid and want a trade war with America. I think, USA with their new trade agreements with the other countries are gonna fock up China economy. These countries are gonna with USA and Trump demands. Pretty much China will be isolated and see a huge decrease in trade.
Also, this trade war will force American companies to get out of China for their manufacturing needs. Not sure if it's feasible to manufacture goods in USA, labor cost is da killa. And, who's gonna work the manufacturing in America? Maybe relocate manufacturing to Mexico or South America?
Good for you guys, stocks rebounded well. President Trump is a smart dude... Cheers
You guys are funny. Some of us have been telling you cliff jumpers it’s part of the plan….
That you need to calm the fuck down.
Jesus, you’re like a bunch of women.
They sure are, But keep in mind in the coming weeks we want to see 4982.77 hold that is now the key level, We are certainly seeing volatility at its finest right now, and I’m happy today the cash register is ringing. PLTR, AAPL, WMT. etc.
If we only had someone on the board who was telling us to buy the last few days.
That would have been really useful.
The world is short on bold geniuses. Long on see I told you so poor losers.
To Bruddah Ballss, Java and RWC. Do not know much about economics. Please give your expert opinion regarding President Trump Tariff policies. Is it good or bad for USA? Thanxs in advance.
Stocks have tanked. But, Trump keeps insisting in the long run, it's all good for America. What you guys say and think? Cheers.