Reply
Highlighted
Honored Social Butterfly

Re: Trump is bluffin on China Tariffs.

247 Views
Message 1 of 6

@afisher wrote:

   What has been in the business news is that Manufacturing in the US is now officially in a Recession.     If in fact the ignoble donald supporters were actually concerned about manufacturing and jobs, then they should be screaming on high.  

    Instead we observe them here to say:   but the Stock Market  - which is the propagandized RW gambit to ignore the real issue and instead point to something most know nothing about.  

 

      If readers here are as smart as they portend to be, then they would be able to connect the dots to know why donald is screaming at the Fed to cut interest rates, and make the dollar weaker.....but I doubt many of the ignobles are capable to connecting any dots on their own.    


Starting the tariff war took a moron. We have one in the White House.


"The only thing that man learns from history is that man learns nothing from history."
Report Inappropriate Content
Highlighted
Honored Social Butterfly

Re: Trump is bluffin on China Tariffs.

260 Views
Message 2 of 6

   What has been in the business news is that Manufacturing in the US is now officially in a Recession.     If in fact the ignoble donald supporters were actually concerned about manufacturing and jobs, then they should be screaming on high.  

    Instead we observe them here to say:   but the Stock Market  - which is the propagandized RW gambit to ignore the real issue and instead point to something most know nothing about.  

 

      If readers here are as smart as they portend to be, then they would be able to connect the dots to know why donald is screaming at the Fed to cut interest rates, and make the dollar weaker.....but I doubt many of the ignobles are capable to connecting any dots on their own.    

PRO-LIFE is Affordable Healthcare for ALL .
Report Inappropriate Content
Highlighted
Honored Social Butterfly

Re: Trump is bluffin on China Tariffs.

284 Views
Message 3 of 6

China is better at the "Art Of The Deal" than trump is.

 

China may be signaling it’s going hard-line — but it still wants a trade deal, says ex-Trump negotiator.


Beijing added a new member to its negotiating team last week — commerce minister Zhong Shan, who’s seen by some officials in Washington as a hard-liner.


Analysts say this could be a sign that Chinese leader Xi Jinping is standing firm on trade.


Former top White House trade negotiator Clete Willems told CNBC’s “Squawk Box” that by adding Zhong to the negotiating team, it shows that Xi is trying to win over the hard-liners.

 

But Willems told CNBC that a deal will ultimately be reached.


The prolonged trade battle seems to be taking a toll on the Chinese economy. Data on Monday showed its economic growth slowed to 6.2% in the second quarter — the weakest rate in at least 27 years.


https://www.cnbc.com/2019/07/17/us-china-trade-beijing-wants-deal-despite-hardline-stanceclete-wille...

 

Report Inappropriate Content
Highlighted
Honored Social Butterfly

Re: Trump is bluffin on China Tariffs.

295 Views
Message 4 of 6

China's growth rate has slowed down to its lowest level in decades -- all the way down to 6.2% versus 2.5% growth in the U.S. 

 

Report Inappropriate Content
Highlighted
Honored Social Butterfly

Re: Trump is bluffin on China Tariffs.

301 Views
Message 5 of 6

@Richva wrote:

If an analyst from Yahoo news can figure out when this moron is bluffing, so can the Chinese. 

 

 

Sometimes President Trump does what he says he’s going to do. But sometimes he doesn’t. How can you tell when he means it, and when he’s bluffing?

It’s actually not that hard. If a Trump action would rattle the stock market, it’s unlikely to happen—at least for long. Trump has tested this dynamic for the last year and a half, and developed a pretty good feel for what he can get away with. Markets are generally okay, for instance, with the tariffs he has imposed so far, most of them on imports from China.

 

But, if a $200 bicycle suddenly cost $250, and so on down the shelves of every Walmart and Target in America, it would slam consumer and business confidence and cause the sort of stock-market drop Trump lacks the stomach for. UBS estimates that if Trump hit all consumer imports from China with a 25% tariff it would cut GDP growth by about 1.2 percentage points. The economy is only growing by about 2.5%, so cutting growth in half could come close to triggering a recession.

 

https://finance.yahoo.com/news/trump-is-bluffing-on-china-tariffs-194757858.html


China is better at the "Art Of The Deal" than trump is.


"The only thing that man learns from history is that man learns nothing from history."
Report Inappropriate Content
Highlighted
Honored Social Butterfly

Trump is bluffin on China Tariffs.

328 Views
Message 6 of 6

If an analyst from Yahoo news can figure out when this moron is bluffing, so can the Chinese. 

 

 

Sometimes President Trump does what he says he’s going to do. But sometimes he doesn’t. How can you tell when he means it, and when he’s bluffing?

It’s actually not that hard. If a Trump action would rattle the stock market, it’s unlikely to happen—at least for long. Trump has tested this dynamic for the last year and a half, and developed a pretty good feel for what he can get away with. Markets are generally okay, for instance, with the tariffs he has imposed so far, most of them on imports from China.

 

But, if a $200 bicycle suddenly cost $250, and so on down the shelves of every Walmart and Target in America, it would slam consumer and business confidence and cause the sort of stock-market drop Trump lacks the stomach for. UBS estimates that if Trump hit all consumer imports from China with a 25% tariff it would cut GDP growth by about 1.2 percentage points. The economy is only growing by about 2.5%, so cutting growth in half could come close to triggering a recession.

 

https://finance.yahoo.com/news/trump-is-bluffing-on-china-tariffs-194757858.html

Report Inappropriate Content
cancel
Showing results for 
Search instead for 
Did you mean: 
Users
Top Authors