The Trump Presidency : Part 2

The bigger problem is going to be uncertainty. Trump loses the midterms, and there is a higher than 0% chance for a democratic presidential win in 2028. So how does anyone actually plan business deals if all the tariffs are removed in 3 years time?

Capital expenditures for 3 years or just pass on costs for 3 years? Seems like a no-brainer

Yep, the uncertainty will be debilitating in so many cases.
 
Yep, the uncertainty will be debilitating in so many cases.

And then we have to move into the discussion of what happens with steep price rises (inflation), no economic growth and increasing unemployment. Which then becomes global because states have to respond with their own tariffs

He is a complete dumbass that we all can't help but laugh at, this stuff is serious. Recession, stagflation only hurts people.
 
And then we have to move into the discussion of what happens with steep price rises (inflation), no economic growth and increasing unemployment. Which then becomes global because states have to respond with their own tariffs

He is a complete dumbass that we all can't help but laugh at, this stuff is serious. Recession, stagflation only hurts people.
Yeah but Trump thinks stagflation is giving a blow job to a deer.
 
The most worrying thing about this is that would be in the long term, in the near future it will hurt the US economy. So why would someone as self obsessed as Trump implement something that he won't be in office to take the credit for ? Unless....
I think he truly believes he's doing a good thing for America.

I don't get the obsession with manufacturing jobs. America's backbone is the services sector and on average pays way higher than the manufacturing sector. Even if he manages to bring manufacturing jobs back to the US, America will be poorer is the services sector suffers.

Imagine getting elected to bring down inflation but instead, pouring petrol on the fire.
 
Comical really, and they are still only just getting started… The crazy is gunna keep escalating.
 
And then we have to move into the discussion of what happens with steep price rises (inflation), no economic growth and increasing unemployment. Which then becomes global because states have to respond with their own tariffs

He is a complete dumbass that we all can't help but laugh at, this stuff is serious. Recession, stagflation only hurts people.
Absolutely, there is a huge possibility that people will just isolate the US where possible and if new trade is established it might not easily revert without substantial concessions. That could be disastrous for the US.
 
The guy he pulled up to speak on behalf of the auto industry, looked like a sketch artist MAGA supporter. They haven’t actually a clue how to implement them in North America, but if it goes ahead the way trump has intended, the car market is gonna go absolutely bonkers
 
I don't get the obsession with manufacturing jobs.
Post WW2 when the US had massive manufacturing plants it was the golden age of both the US and capitalism. On one level is part of the misty eyed 'let's MAGA'. But since manufacturing moved abroad to cheaper labour and increased profit, global trade has restructured over the 50 years or so.

One one level it's a sound long term aspiration but it can't be undone by a buffoon with a batshit print out.
 
Tuvalu? All these tiny islands. What on earth. What economic emergency do these countries pose? Did they just find a bunch of countries to make the list oh so bigly.
 
Probably the worst economic policy I've ever seen out of any US President. It's completely foolish. None of it makes sense. His entire rationale for tariffs is even contradictory and can't possibly achieve everything he says because all his reasons are incompatible with a single policy.

The reason people don't buy Ford and GM in Japan and Europe is exactly what people talked about here: American cars are too big and too much gas guzzlers to make any sense in Japanese and European markets. These are just going be a massive tax increase, increase in inflation, combined with hundreds of thousands/millions of Federal jobs lost. This is all going to big failure for the US. It's not possible for any of the things Trump bleats about to actually make up for the negatives of these tariffs. I still can't believe how foolish this economic policy is.
 
British Empire did the same thing in the 1930's due to rise in competition from other countries.

It wasn't as hard hitting in terms of numbers as the US is doing, but that's a meaningful point of comparison.
 
It's even more insane than you could possibly think


Yeah i knew he was making up those numbers or taking some completely out of context (like Canada tariff on dairy over a threshold which is never reached and then claiming that's the tariff they charge on all dairy) but this is even more monumentally stupid than I imagined.

The lies and bullshitting are just so exhausting to deal with.
 
It's a minor thing in the grand scheme of awful things Trump and the Republicans have done but this quote "looted, pillaged, raped and plundered by nations near and far, both friend and foe alike", just seems completely distasteful and offensive to me. What I don't understand is how so many Americans can look at the things he says and does and come to the conclusion he is anything but a narcissistic bully.
 
Vietnam, great people, I like them and they like me, because I didn't kill any of them in the 60s because of my bone spurs. Some people say to me, they're the greatest bone spurs anyone's ever seen, no ones seen anything like it before, they get you out of the draft but they never stopped you playing golf, but I'm love golf, and I'm pretty good they say, hole in one without even hitting the ball once, so, a super eagle, no ones ever seen it, joe Biden never got even a duck, took 16 shots once to finish on a double bogey.
 
What does this mean to the UK EU Brexit deal and the Good Friday agreement?

I watched program which thought any difference in tariffs which favoured Northern Ireland/ UK versus the Republic / EU would create a very difficult problem given the need for no border controls in Ireland as per the GFA?

Is that correct?
 
Yeah i knew he was making up those numbers or taking some completely out of context (like Canada tariff on dairy over a threshold which is never reached and then claiming that's the tariff they charge on all dairy) but this is even more monumentally stupid than I imagined.

The lies and bullshitting are just so exhausting to deal with.
Especially bc there seems to be no end to the number of fools who believes just about every word of what they say.
 
What does this mean to the UK EU Brexit deal and the Good Friday agreement?

I watched program which thought any difference in tariffs which favoured Northern Ireland/ UK versus the Republic / EU would create a very difficult problem given the need for no border controls in Ireland as per the GFA?

Is that correct?

If it causes issues there will be a lot of pissed off congressmen
 


Clown world.

10% tariffs on Australian Islands that have no population, no imports and no exports. :lol:

And WTF are they talking about with Norfolk Island? They export bugger all to the US and as part of Australia (albeit with different customs rules) no way do they impose 58% tariffs on US goods. Sounds like pure bullshit.