The Trump Presidency : Part 2

I think this is where they might get hit pretty hard.
Lots of Canadians now won't spend their money in the US and I'd imagine more than a few Europeans (especially those that are non-white) will think twice about holidaying in America as well.
Canadian travel to the US is already down more than 70%, European Governments are issuing travel advisories, tourism is definbitely going to be hit hard
 
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Groceries :D


I swear this kind of shit is because he’s just bullshitted his way through life pretending he knows what he’s talking about, except now he’s verging on senile it’s the most random waffle. Like he wants to sound knowledgeable on a subject so delivers it in such a way, yet sounds even more stupid than usual.
 
It is difficult to just reverse the damage done to relationships with countries. You don't expect them to start trusting you again just because you lifted the Tarrifs.
Exactly....... there is no going back in politics, especially in terms of trust.

Europe will have to go ahead together, not just on trade but on a political level.... cannot see that at the moment. Civilian mobilisations in Poland and elsewhere, armament spending limits lifted in Germany, how will the EU deal collectively with 20% tariffs? Will the collective EU support for Ukraine, going forward, actually stand without US military and financial support..etc.?

A lot of red lines are being crossed or thought about seriously throughout Europe (within or outside the EU).
Trump is not necessarily Making America Great Again...but he is definitely making it feared!
 
Food for thought that he even hit Israel and his buddies Milei in Argentina and macho dude Bukele in El Salvador with the base 10%

On another note, what the hell did the Falklands do? They got hit with a 41% rate :lol:
They exported too many penguins to the US
 
On another note, what the hell did the Falklands do? They got hit with a 41% rate :lol:
They didn't support the idea of leaving British protection for that of the US and along with Canada becoming the 51.5'st of America :confused:
 
I think this is where they might get hit pretty hard.
Lots of Canadians now won't spend their money in the US and I'd imagine more than a few Europeans (especially those that are non-white) will think twice about holidaying in America as well.
I was planning to go with family (15 people) to New York and Orlando in the summer. We just can't take the risk especially since my name and a few of my family members names is same as ISIS/Taliban leaders.
 
And Mike Johnson didn't like they're called the f*** lands..when he googled it his son reported him for looking up porn.
He was caught playing around with his surname in public too often
 
I’m still not certain that trump understands who pays the tariffs he just put on

He does. I bet this is how he thinks about it:
Tariffs are a regressive tax that hits the lower incomes and middle class more than the wealthy. So tariffs are a stealthy way to increase taxes on the poor and middle class while claiming he is fighting for them against all those evil foreign countries like Canada and Europe and Antarctica. So he increases taxes on the poor while taking advantage of all the uneducated people who will simply believe his lies about this being about foreign countries taking advantage of them. Since the conservative mainstream media and social media will just repeat his lies, anyone in the conservative media bubble will still think its about foreign countries and not about Trump increasing taxes on the poor, white people that vote for him.
 
He does. I bet this is how he thinks about it:
Tariffs are a regressive tax that hits the lower incomes and middle class more than the wealthy. So tariffs are a stealthy way to increase taxes on the poor and middle class while claiming he is fighting for them against all those evil foreign countries like Canada and Europe and Antarctica. So he increases taxes on the poor while taking advantage of all the uneducated people who will simply believe his lies about this being about foreign countries taking advantage of them. Since the conservative mainstream media and social media will just repeat his lies, anyone in the conservative media bubble will still think its about foreign countries and not about Trump increasing taxes on the poor, white people that vote for him.

I took up a shorting position because it felt like a good way to protect some things so I hope others did likewise to offset some of the pain the tariffs will cause. His tariffs are to ensure America only does business with itself, but it’s an impossible pipe dream.
 
He does. I bet this is how he thinks about it:
Tariffs are a regressive tax that hits the lower incomes and middle class more than the wealthy. So tariffs are a stealthy way to increase taxes on the poor and middle class while claiming he is fighting for them against all those evil foreign countries like Canada and Europe and Antarctica. So he increases taxes on the poor while taking advantage of all the uneducated people who will simply believe his lies about this being about foreign countries taking advantage of them. Since the conservative mainstream media and social media will just repeat his lies, anyone in the conservative media bubble will still think its about foreign countries and not about Trump increasing taxes on the poor, white people that vote for him.
The increased cost to consumers can then be blamed on the foreign countries raising tariffs in response to Trump's actions.
 
Posted this in the other thread.


U.S. beef farming practices often contravene with EU regulations due to several key differences in food safety, animal welfare, and environmental standards. Some of the main points of conflict include:


  1. Hormone-Treated Beef – The EU bans the use of growth hormones in beef production, whereas the U.S. widely uses hormone implants to promote growth efficiency. The EU considers hormone-treated beef a health risk, while the U.S. argues there is no scientific basis for the ban.
  2. Use of Ractopamine – Ractopamine, a beta-agonist used to promote lean muscle growth in cattle, is prohibited in the EU due to animal welfare and food safety concerns, but it is commonly used in the U.S.
  3. Antibiotics in Farming – The EU has stricter regulations on antibiotic use in livestock, primarily to combat antimicrobial resistance. The U.S. allows more extensive use of antibiotics for growth promotion and disease prevention.
  4. Animal Welfare Standards – The EU has higher standards for animal welfare, including space requirements, access to pasture, and transportation conditions. U.S. industrial feedlots (CAFOs) often do not meet these standards.
  5. Traceability and Food Safety – The EU requires detailed farm-to-fork traceability for beef products, while U.S. traceability systems are less stringent.
  6. Environmental Regulations – The EU enforces stricter environmental rules regarding greenhouse gas emissions, manure management, and land use in livestock farming, while U.S. regulations are often more lenient.

Because of these differences, U.S. beef does not easily meet EU import standards, leading to trade restrictions and disputes between the two regions


As for other things, like GM crops, not a chance the EU will allow that and it shouldn't either. The US has the worst standards of industrialized nations (not sure about China but seen some terror stories there too) when it comes to agriculture. It is known that the EU wins the agricultural race (between the two) because the standards are just much higher.
 
Great for the tourism industry!
That last bit is already happening. Loads of stories coming out about holidays being ruined by over-zealous passport control. You’d be mad to go on holiday in America right now.
I think this is where they might get hit pretty hard.
Lots of Canadians now won't spend their money in the US and I'd imagine more than a few Europeans (especially those that are non-white) will think twice about holidaying in America as well.

The places that rely the most on tourism in the US tend to be liberal cities like NY and LA and liberal states like Hawaii. Of course some exceptions here, like Florida, but I bet an analysis of tourism would hit liberal areas a lot more than rural conservative counties.
 
U.S. beef farming practices often contravene with EU regulations due to several key differences in food safety, animal welfare, and environmental standards. Some of the main points of conflict include:


  1. Hormone-Treated Beef – The EU bans the use of growth hormones in beef production, whereas the U.S. widely uses hormone implants to promote growth efficiency. The EU considers hormone-treated beef a health risk, while the U.S. argues there is no scientific basis for the ban.
  2. Use of Ractopamine – Ractopamine, a beta-agonist used to promote lean muscle growth in cattle, is prohibited in the EU due to animal welfare and food safety concerns, but it is commonly used in the U.S.
  3. Antibiotics in Farming – The EU has stricter regulations on antibiotic use in livestock, primarily to combat antimicrobial resistance. The U.S. allows more extensive use of antibiotics for growth promotion and disease prevention.
  4. Animal Welfare Standards – The EU has higher standards for animal welfare, including space requirements, access to pasture, and transportation conditions. U.S. industrial feedlots (CAFOs) often do not meet these standards.
  5. Traceability and Food Safety – The EU requires detailed farm-to-fork traceability for beef products, while U.S. traceability systems are less stringent.
  6. Environmental Regulations – The EU enforces stricter environmental rules regarding greenhouse gas emissions, manure management, and land use in livestock farming, while U.S. regulations are often more lenient.

Because of these differences, U.S. beef does not easily meet EU import standards, leading to trade restrictions and disputes between the two regions


As for other things, like GM crops, not a chance the EU will allow that and it shouldn't either. The US has the worst standards of industrialized nations (not sure about China but seen some terror stories there too) when it comes to agriculture. It is known that the EU wins the agricultural race (between the two) because the standards are just much higher.
Australia doesn't accept allbut some frozen US beef because of mad cow disease and because "US" beef could well be imported to the US from elsewhere first. Biosecurity red flags left right and centre.
 
The worst thing about this is although he may backtrack a small bit the majority of these tariffs will stay. This is what I was getting at the other day before some mistook it for agreement, forgot accuracy or merit he sees the USA in ten years as being smaller government, demand increasingly met through domestic manufacturing, increased exports, debt reduction.

Elon has probably convinced him that his robots will be ready soon to supercharge domestic manufacturing if they can secure the resources. Heck let's go wild and assume the craziest route, Trump will offer tax breaks to any firm using Optimus or superagents.

The alternative is that he uses them as leverage to force countries to sign new trade deals that demand they tariff China heavily. If that's his plan I don't see it working.
 
The increased cost to consumers can then be blamed on the foreign countries raising tariffs in response to Trump's actions.

Scott Bessent warned other countries to not retaliate or else the US will have to counter those retaliations. This suggests to me that Trump is using sanctions to gain leverage before negotiations and counting on no retaliations, which is a dangerous game to play since any responses by the EU and China could result in a contagion of retaliations and a possible significant global recession.
 
I am probably going to sound like an idiot here but is the term "reciprocal tariffs" a form of Trumpism or is it really a case of the US reciprocating tariff charges to countries that were charging the US more than the US were charging them?
 
I am probably going to sound like an idiot here but is the term "reciprocal tariffs" a form of Trumpism or is it really a case of the US reciprocating tariff charges to countries that were charging the US more than the US were charging them?

It's 100% not actually "reciprocal" at all. This tweet probably explains it the best that's doing the rounds:



Here are the actual tariffs from other countries compared with Trump's lies:

g3qST1x.jpeg
 
Scott Bessent warned other countries to not retaliate or else the US will have to counter those retaliations. This suggests to me that Trump is using sanctions to gain leverage before negotiations and counting on no retaliations, which is a dangerous game to play since any responses by the EU and China could result in a contagion of retaliations and a possible significant global recession.
Do you actually believe that can happen?
 
I am probably going to sound like an idiot here but is the term "reciprocal tariffs" a form of Trumpism or is it really a case of the US reciprocating tariff charges to countries that were charging the US more than the US were charging them?

"Reciprocal tariffs" can be real (if you slap 25% import tax on my cars I'll slap 25% import tax on yours, or your coffee, etc). That's not what seems to be going on here though. Seems more like they've worked out the difference between what they import from a country and what they export to that country, turned it into a percentage and divided by 2 (because they're lenient). Then they call that a "reciprocal tariff" as a comically poor slight of hand. Needless to say the difference between imports and exports doesn't represent a tariff, it's just the balance of trade.
 
Do you actually believe that can happen?

Highly unlikely there won't be retaliations imo. Trump may think these tactics worked in Art of the Deal style real estate negotiations in the 80s and 90s, but its an entirely different kettle of fish when attempting them against nation states in a. global economic system where supply chains are interdependent across countries.
 
Scott Bessent warned other countries to not retaliate or else the US will have to counter those retaliations. This suggests to me that Trump is using sanctions to gain leverage before negotiations and counting on no retaliations, which is a dangerous game to play since any responses by the EU and China could result in a contagion of retaliations and a possible significant global recession.
Yes, that makes sense. My only point is that very few people understand what tariffs are and how international trade operate. Therefore, the administration could use that ignorance to blame price rises on the rest of the world, and probably be believed.
 
Watching that rat Steve Mnuchin on CNBC right now squirm like a little bitch while trying to defend Trump.
 
That last bit is already happening. Loads of stories coming out about holidays being ruined by over-zealous passport control. You’d be mad to go on holiday in America right now.

I know a band who are getting grief for social media support for Palestine from their US agent and have pulled a 10 gig tour.
 
The places that rely the most on tourism in the US tend to be liberal cities like NY and LA and liberal states like Hawaii. Of course some exceptions here, like Florida, but I bet an analysis of tourism would hit liberal areas a lot more than rural conservative counties.

You don’t think people want to visit Kentucky and Alabama? Pffft
 
The places that rely the most on tourism in the US tend to be liberal cities like NY and LA and liberal states like Hawaii. Of course some exceptions here, like Florida, but I bet an analysis of tourism would hit liberal areas a lot more than rural conservative counties.
Places to go in US for the sake of tourism are almost always either in "big city" or "natural wonder" category. Small towns and rural tourism usually works elsewhere if there is stuff that is extremely old and historically interesting and that's obviously a difficult thing for places in US to have.
 
I'm a liberal center left person by european standards and one of my dream trips would be to cross the US on car from coast to coast visiting mostly national parks and small towns

Friends of mine have done this. You can get a free car for your trip by signing up to drive someone's car from coast to coast (saves them doing the drive or paying transit fees when they relocate) Realistically, you still enter/leave America by one of the more liberal, touristy cities (my friends drove from NYC to San Fran)