281–290 of 931 posts
This reads to me as "we're doubling-down on 145%+ tariffs for everyone else". This is getting frighteningly close to a Russian-style economy. As in, a handful of powerful, connected "insiders" will be allowed to operate businesses, and will dominate... while everyone else gets wiped out, by acts of government. The furthest system possible from the free-market paradigm that built the American economy as it stands toda…
He announces big tough tariffs on China, his base claps, hoots and hollers. He quietly walks it back via internal memo to CBP on a Friday night.
His base gets to see him be tough on China, without actually suffering any consequences of goods shortages or price increases.
This reads to me as "we're doubling-down on 145%+ tariffs for everyone else". This is getting frighteningly close to a Russian-style economy. As in, a handful of powerful, connected "insiders" will be allowed to operate businesses, and will dominate... while everyone else gets wiped out, by acts of government. The furthest system possible from the free-market paradigm that built the American economy as it stands toda…
The US economy was not built on a free-market. US private capitalists have been built on a free market; now that their profits are under attack because they are being outcompeted by China, so they are running away with the ball. American economy real growth, where most white Americans gained wealth, came after World War II, where it was government led and controlled. It was the same for Europe, where they had to rebu…
Is it better? For some reason average European lives better then Chinese, inequality is also not so huge
Earlier quoted context omitted.
There is no plan. Talk tough, reverse under pressure, rinse repeat. Anyone surprised must not have watched season one which aired in 2019.
If Trump is America's Napoleon III, who is the world's modern Otto von Bismark?
(Of course, he's got plenty of negatives on the record too. But I think in the game of "Great Man History", he's already left a big legacy.)
From an outsider’s perspective, it’s difficult to discern any coherent U.S. strategy—assuming one even exists. One day it’s a 145% tariff on China. The next, it’s “Well, it’s still 145%, but Apple and Nvidia are exempted because their stock prices might take a hit.” Then comes a 90-day pause, adding to the confusion. It’s not clear whether Jamieson Greer is actually steering this, or if any of it was thoroughly thoug…
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This is the only explanation that has made sense to me so far. And it makes even more sense based on these exemptions. https://www.instagram.com/share/_jW_V1hwM This is Senator Chris Murphy explaining it’s not economic policy, it’s an attempt to blackmail corporations into submission by making a deal with him in return for sanctions relief. Keep an eye out for what Apple and nvidia might have agreed to give.
I keep seeing these explanations of “4D chess”. It’s Donald Trump. He has absolutely no idea what he’s doing when it comes to economic policies. Unless you believe he can see into the future of how other world leaders would react and consistently outsmart everyone else, there’s no 4D chess being played.
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It's exactly what it is. And, the seemingly haphazard, unpredictable nature of it is a feature, serving as perfect cover: "Why these exemptions?" "Who knows? None of it makes sense." But, of course, it does. It's also consistent with other, publicly-wielded cudgels, like the law-firm extortions under threat of executive orders.
People should be more alarmed of these law firms, they will be used as his private army.
Seems a bit anti-business to have an unequal playing field just for the star-bellied sneetches. Also silly that those with the biggest piles of capital are getting exemptions when the whole purpose of this exercise is to spur local investment in manufacturing. If anything, small businesses below some threshold of revenue/staff should be getting exemptions.
"Star-bellied sneetches" maybe, but it's not about "biggest piles of capital" as much as about importing things with the following codes: 8471 8473.30 8486 8517.13.00 8517.62.00 8523.51.00 8524 8528.52.00 8541.10.00 8541.21.00 8541.29.00 8541.30.00 8541.49.10 8541.49.70 8541.49.80 8541.49.95 8541.51.00 8541.59.00 8541.90.00 8542