Roundybout Posted May 12 Posted May 12 16 hours ago, Big Blitz said: Oh What happened to AMERICA FIRST NO MORE CHINA Did Trump give up already?
JDHillFan Posted May 12 Posted May 12 2 minutes ago, Roundybout said: What happened to AMERICA FIRST NO MORE CHINA Did Trump give up already? On 2/11/2025 at 3:01 PM, Roundybout said: BUT WHAT ABOUT BUT WHAT ABOUT BUT WHAT ABOUT BUT WHAT ABOUT On 2/11/2025 at 10:29 AM, Roundybout said: BUT WHAT ABOUT BUT WHAT ABOUT BUT WHAT ABOUT BUT WHAT ABOUT DEFLECT DEFLECT DEFLECT On 1/14/2025 at 12:36 PM, Roundybout said: BUT WHAT ABOUT BUT WHAT ABOUT BUT WHAT ABOUT BUT WHAT ABOUT BUT WHAT ABOUT
Roundybout Posted May 12 Posted May 12 28 minutes ago, JDHillFan said: Huh? Trumps entire thing has been decoupling from China through tariffs. Now he’s giving up.
All_Pro_Bills Posted May 12 Posted May 12 5 minutes ago, Roundybout said: Huh? Trumps entire thing has been decoupling from China through tariffs. Now he’s giving up. It's what people in the business call "negotiating".
Doc Posted May 12 Posted May 12 7 minutes ago, Roundybout said: Huh? Trumps entire thing has been decoupling from China through tariffs. Now he’s giving up. No, the main purpose was reducing tariffs on their end. If this does that, great. But we can still decouple from them, and should.
Roundybout Posted May 12 Posted May 12 3 minutes ago, Doc said: No, the main purpose was reducing tariffs on their end. If this does that, great. But we can still decouple from them, and should. I’ve not seen any indication from Trump that he wants to build trade relationships with nations outside of China. He wants to build everything here.
JDHillFan Posted May 12 Posted May 12 9 minutes ago, Roundybout said: I’ve not seen any indication from Trump that he wants to build trade relationships with nations outside of China. He wants to build everything here. Then you are clearly not paying attention. There’s been all kinds of news reports about negotiations with India. How could you have missed it? 1
Roundybout Posted May 12 Posted May 12 6 minutes ago, JDHillFan said: Then you are clearly not paying attention. There’s been all kinds of news reports about negotiations with India. How could you have missed it? Where is the deal? I saw they announced a meeting about a meeting to discuss the framework of a deal.
Doc Posted May 12 Posted May 12 (edited) 21 minutes ago, Roundybout said: Where is the deal? I saw they announced a meeting about a meeting to discuss the framework of a deal. Patience. You were satisfied with the glacial pace of the Biden Admin but here everything has to be done immediately. Edited May 12 by Doc
JDHillFan Posted May 12 Posted May 12 10 minutes ago, Roundybout said: Where is the deal? I saw they announced a meeting about a meeting to discuss the framework of a deal. Here’s what you said: 28 minutes ago, Roundybout said: I’ve not seen any indication from Trump that he wants to build trade relationships with nations outside of China. He wants to build everything here. There are indications all over the place. You apparently meant something other than what you said. 2
US Egg Posted May 12 Posted May 12 Hopefully it’s the “start of the deal” minus rhetoric and bluster. China smartly didn’t make it a cause to whip up national fervor.
Big Blitz Posted May 12 Posted May 12 What might the consequences have been had Biden simply enforced what had already been signed? Let us consider the counterfactual. Had China fulfilled its obligations, US manufacturing firms would have seen a surge in demand. American farmers, already battered by the pandemic and inflation, would have sold tens of billions more in produce. Energy exports, particularly in natural gas and oil, would have grown substantially. Financial giants like JPMorgan Chase and MetLife, once poised to enter the Chinese market under the agreement, were stalled. And the tax revenue? According to projections from the Peterson Institute for International Economics, full Chinese compliance with Phase One would have injected between $300 to $400 billion in direct US economic activity, which, when multiplied across sectors, could conservatively yield over $4 trillion in aggregate GDP gains over four years. Not only would this have bolstered federal revenues, it would have mitigated the post-COVID economic drag that haunted much of Biden's first term….
Roundybout Posted May 12 Posted May 12 1 hour ago, Big Blitz said: So instead of inserting a lit pipe bomb in our ass, we’re merely shooting our foot off with a Remington 12-gauge
Motorin' Posted May 12 Posted May 12 2 hours ago, Doc said: No, the main purpose was reducing tariffs on their end. If this does that, great. But we can still decouple from them, and should. That's the five year plan of creating a deep partnership with India, while drawing in investment around the globe to build in America. Shifting out of dependency on China to a mutually beneficial partnership with India, with the guiding vision being a sustainable and owned supply chain. 2
Pokebball Posted May 12 Posted May 12 2 hours ago, Roundybout said: Where is the deal? I saw they announced a meeting about a meeting to discuss the framework of a deal. LOL Biden was working for 4yrs on a trade deal with the UK! Nadda, nothing
The Frankish Reich Posted May 12 Author Posted May 12 Well, we knew the game of chicken part of this would end with Trump (particularly) backing down. Good. But 30 percent is still outrageous. Paul Krugman's headline sums it up: https://paulkrugman.substack.com/p/when-an-arsonist-poses-as-a-firefighter 1
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