how soon will Trump back down over tariffs

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Threatening China is never a good idea, especially when they're in such a strong position to fight the tariffs. They've spread their trading options in over 50 countries across the world and won't back down...neither will Trump. This trade war will warm up real soon.
 
MNW67 said:
I have been reading in several places that there is a theory put forward last year by Trump's chief economic adviser, Stephen Miran, which explains the end game. The proposal has been called the Mar-a-Lago Accord. I don't pretend to fully understand it. A snippet from Wikipedia is below. It seems to be about using tariffs to force other countries to agree to devalue the dollar. And also to restructure their holdings of US debt, so that the debt becomes repayable at a much later date. Apparently, this is to compensate the USA for all the good they do in the world.
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A number of countries with China at the head are keen to bring about the end of the petro dollar, this would have disastrous conseguences for the cost of US debt so not entirely sure it would be in the US interest to de-value the dollar?
 
Trump isn't letting Israel off tariffs, either. A 17% levy to help pay off the $4bn they receive every year. The US is Israel’s largest single trading partner and hoped to avoid the new tariffs by moving to cancel its remaining tariffs on US imports a day before Trump’s announcement. No chance. The Trumpster wants his pound of flesh in full.
 
diy_fun_uk said:
But you said this just the other day ...

Yes we knew exactly how Brexit would play out.
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I didn’t when I was ignorant of the facts
Those who were informed of the facts before the referendum knew exactly what was going to happen.
When I became informed, I knew exactly what would happen.

I was saying on here in 2018 what would happen if U.K. left single market…..and everything I said has happened, because it was obvious.


You were ignorant when you voted and you are just as ignorant now.
 
diy_fun_uk said:
Trump now threatening to increase China tariff by 50% if they don't drop their additional 34%.

Tariff war, what tariff war? ...
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A tariff war that Trump will lose, like he did last time.

China won’t back down.
 
Vinty said:
That is why it is so hard to figure out what Trump really hopes to achieve with his tarrif war.
Even Trump can't be so stupid as to believe his policies will benefit America
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Trump is doing it for a very simple reason: Trump is like a child that wants to be king, he has set massively high blanket tariffs so countries and businesses will come to him to beg……that gives Trump massive control and he will know doubt want money.

Trump is doing no different to what Putin does with his oligarchs.


Trump is a dictator, if he could get away with it he would have people tortured and killed

Trump is just a Saddam Hussein
 
F.boy has a soft spot for strong men. His well known love of Netanyahu attests to this phenomenon.
Counselling could help but he's still in denial so it'll be a long process to heal the aberration.
 
Odds said:
F.boy has a soft spot for strong men. His well known love of Netanyahu attests to this phenomenon.
Counselling could help but he's still in denial so it'll be a long process to heal the aberration.
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Not at all, I simply find Notch's analogy of Trump to Sadam Hussein and Trump's desire to torture and kill people a little bit of a stretch for my imagination.
Obviously you don't, which is evident in your posting history anyway.
 
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blup said:
The EU’s opening bid seems to be zero tariff for zero tariff.
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Sounds like a simple solution where everyone benefits.
However there seems to be different regulations in America and Europe, this could cause problems .
 
diy_fun_uk said:
Coming from you, I take that as a compliment.
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Do you know the main trade barriers that Brexit created as a direct result of leaving the SM?

A = no you don’t.

So you you don’t understand why Brexit was always going to be a failure.
 
Notch7 said:
Do you know the main trade barriers that Brexit created as a direct result of leaving the SM?

A = no you don’t.

So you you don’t understand why Brexit was always going to be a failure.
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You know feck all about me and/or what I know. Get yourself back on the Woke Express and take yourself somewhere nice.

Chooo chooooooooooooooooo ...
 
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