Trump's Trade Follicy

User avatar
MsDaisy
Posts: 5012
Joined: Mon Dec 07, 2009 12:30 pm

Re: Trump's Trade Follicy

#2176

Post by MsDaisy » Thu Aug 15, 2019 1:01 pm

Notorial Dissent wrote:
Thu Aug 15, 2019 12:07 pm
Unless the bailout subsidies match at least par with what the farmers would have made on a timely and good sale of their crops and then includes the interest for what they didn't get over the time until they actually get paid, THEY ARE ROYALLY AND TOTALLY SCREWED. Most of them are already well and truly screwed since they live year to year on their sales, and no sales means no paying the bank back and all the things that go with it. First they are going to have to come up with the money and then get it out, and if the gov't moves at even its normally glacial pace. IT WILL BE TOO LATE.
Yeabut... If that does happen it will be because of obstructionist Democrats and definitely not be Trump's fault, then fox will make shit up and swear to it.
Birfers are toast

User avatar
Slim Cognito
Posts: 6500
Joined: Fri Aug 29, 2014 8:37 am

Re: Trump's Trade Follicy

#2177

Post by Slim Cognito » Thu Aug 15, 2019 1:16 pm

Yeah, I can already see the "Pelosi made me lose my farm" ads.
The girls prepare for our Jaws drive(way)-in movie tonight. ImageImageImage x4

User avatar
Suranis
Posts: 16769
Joined: Sat Nov 20, 2010 7:04 am

Re: Trump's Trade Follicy

#2178

Post by Suranis » Thu Aug 15, 2019 2:12 pm

U.S. stocks rise as bullish earnings, retail sales offset trade issues for now

The Dow Gains 74 Points Because the U.S. Consumer Is Strong

US STOCKS-Wall St higher on strong retail sales data

Dow's nearly 100-point climb led by gains for Walmart, Visa shares
Just a sample of the headlines on the Yahoo Dow site a couple of hours ago

The Dow as I write this? -83 points.

Ya.
Learn to Swear in Latin. Profanity with class!
https://blogs.transparent.com/latin/lat ... -in-latin/

User avatar
Hurtzi
Posts: 370
Joined: Mon Mar 25, 2019 2:52 am

Re: Trump's Trade Follicy

#2179

Post by Hurtzi » Thu Aug 15, 2019 2:18 pm

Sterngard Friegen wrote:
Wed Aug 14, 2019 11:53 am
Farmers continue to back Trump, even as he destroys their livelihood, because fear of the other -- brown skinned people, non-white Christians, non-Christians, LGBTQs, and international banksters -- is greater than the pain they feel as they lose their farms.

Idiots.
No fear of darkies as long as they know their place in the fields.
The "water bear" is the first creature to live on the moon.

User avatar
Addie
Posts: 33797
Joined: Mon Jun 15, 2009 6:22 am
Location: downstairs

Re: Trump's Trade Follicy

#2180

Post by Addie » Thu Aug 15, 2019 3:11 pm

Reuters
China to counter latest U.S. tariffs as Trump vows deal on U.S. terms

BEIJING/WASHINGTON (Reuters) - China on Thursday vowed to counter the latest U.S. tariffs on $300 billion of Chinese goods but called on the United States to meet it halfway on a potential trade deal, as U.S. President Donald Trump said any pact would have to be on America’s terms.

The Chinese finance ministry said in a statement that Washington’s tariffs, set to start next month, violated a consensus reached between Trump and Chinese President Xi Jinping at a June summit in Japan to resolve their disputes via negotiation.

In a separate statement, China’s foreign ministry spokeswoman, Hua Chunying, said, “We hope the U.S. will meet China halfway, and implement the consensus of the two heads of the two countries in Osaka.”

China hopes to find mutually acceptable solutions through dialogue and consultation on the basis of equality and mutual respect, she added.

Trump, who is seeking re-election in 2020 and had made the economy and his tough stance on China a key part of his 2016 campaign for the White House, on Thursday said any agreement must meet U.S. demands.

User avatar
Notorial Dissent
Posts: 12488
Joined: Thu Oct 17, 2013 8:21 pm

Re: Trump's Trade Follicy

#2181

Post by Notorial Dissent » Thu Aug 15, 2019 4:49 pm

MsDaisy wrote:
Thu Aug 15, 2019 1:01 pm
Notorial Dissent wrote:
Thu Aug 15, 2019 12:07 pm
Unless the bailout subsidies match at least par with what the farmers would have made on a timely and good sale of their crops and then includes the interest for what they didn't get over the time until they actually get paid, THEY ARE ROYALLY AND TOTALLY SCREWED. Most of them are already well and truly screwed since they live year to year on their sales, and no sales means no paying the bank back and all the things that go with it. First they are going to have to come up with the money and then get it out, and if the gov't moves at even its normally glacial pace. IT WILL BE TOO LATE.
Yeabut... If that does happen it will be because of obstructionist Democrats and definitely not be Trump's fault, then fox will make shit up and swear to it.
They haven't done anything at all at this point. The proposal of $70 is just that nothing happening, and it won't even be a drop in the bucket. It's already too late for most of those farms.
The fact that you sincerely and wholeheartedly believe that the “Law of Gravity” is unconstitutional and a violation of your sovereign rights, does not absolve you of adherence to it.

User avatar
RTH10260
Posts: 21737
Joined: Tue Mar 02, 2010 8:52 am
Location: Near the Swiss Alps

Re: Trump's Trade Follicy

#2182

Post by RTH10260 » Fri Aug 16, 2019 10:54 am

Donald Trump links Hong Kong crisis to trade as more protests loom this weekend
15 August 2019 12:50 AFP
by Jerome Taylor

Donald Trump on Wednesday urged China to “humanely” resolve the violent stand-off with pro-democracy protestors in Hong Kong, as concerns grow that Beijing is considering direct intervention in the crisis.

In a series of tweets, the US president linked a possible trade deal with Beijing to a peaceful resolution to the political unrest that has roiled the semi-autonomous Chinese city for 10 weeks.

Washington has become increasingly alarmed by the build-up of Chinese security forces on the border with HongKong as the protests show no signs of abating and Beijing intensifies its drumbeat of intimidation against a movement pushing democratic reforms and a halt to sliding freedoms.


https://www.hongkongfp.com/2019/08/15/d ... m-weekend/

User avatar
Addie
Posts: 33797
Joined: Mon Jun 15, 2009 6:22 am
Location: downstairs

Re: Trump's Trade Follicy

#2183

Post by Addie » Fri Aug 16, 2019 11:30 am

Bloomberg
Trump’s Oil Sanctions Leave Russian Exporters $1 Billion Richer

U.S. President Donald Trump’s sanctions against Iran and Venezuela have inadvertently increased demand for a Russian brand of crude oil, boosting revenues for the nation’s exporters.

Russian oil companies received at least $905 million in additional revenues between November and July, data compiled by Bloomberg show. The calculation is based on difference between the Urals spread to the Brent benchmark over the period compared to the five-year average.

The sanctions added to a jump in demand for Russian crude in the wake of output cuts from the Organization of Petroleum Exporting Countries and their partners. As a result, Russia’s Urals blend of crude has started to regularly trade at a premium to Brent.

“There is a shortage of competing heavier, sourer crude right now as a result of sanctions on Iran and Venezuela, but also because of OPEC+’s current production cut agreement,” Konstantsa Rangelova, analyst at JBC Energy, said by email. “Urals in the Mediterranean is at an all-time high.”

The Bloomberg calculations are based on terminal data, oil loading programs for Russian ports and information from a trader monitoring S&P Global Platts oil assessments. The estimate doesn’t include any of the overall effect on Brent prices from Trump’s policies or the OPEC+ deal, just the shift in relative prices. ...

Russia’s total oil export revenues totaled $58.5 billion in the first half of the year, according to the Federal Customs Service. Last year’s revenues reached $129 billion.

User avatar
Slim Cognito
Posts: 6500
Joined: Fri Aug 29, 2014 8:37 am

Re: Trump's Trade Follicy

#2184

Post by Slim Cognito » Fri Aug 16, 2019 1:14 pm

Addie wrote:
Fri Aug 16, 2019 11:30 am
Bloomberg
Trump’s Oil Sanctions Leave Russian Exporters $1 Billion Richer

U.S. President Donald Trump’s sanctions against Iran and Venezuela have inadvertently increased demand for a Russian brand of crude oil, boosting revenues for the nation’s exporters.

Russian oil companies received at least $905 million in additional revenues between November and July, data compiled by Bloomberg show. The calculation is based on difference between the Urals spread to the Brent benchmark over the period compared to the five-year average.

....
Sometimes the simplest explanation really is the best explanation.
The girls prepare for our Jaws drive(way)-in movie tonight. ImageImageImage x4

User avatar
YaYa
Posts: 342
Joined: Mon Jan 04, 2016 6:44 am

Re: Trump's Trade Follicy

#2185

Post by YaYa » Fri Aug 16, 2019 1:57 pm

I posted this article on my FB with the question of what percentage is clown's grift on the deal?

Russian oil companies received at least $905 million in additional revenues between November and July, data compiled by Bloomberg show. The calculation is based on difference between the Urals spread to the Brent benchmark over the period compared to the five-year average.

....[/quote]
[/quote]

Sometimes the simplest explanation really is the best explanation.
[/quote]

User avatar
Addie
Posts: 33797
Joined: Mon Jun 15, 2009 6:22 am
Location: downstairs

Re: Trump's Trade Follicy

#2186

Post by Addie » Fri Aug 16, 2019 8:11 pm

Cross-posting

Market Watch
The trade war is already lost, Trump is doomed and this investment is about to go ‘ballistic,’ strategist says
‘This is going to be the inflationary recession, there’s no way out and it’s a political disaster for Trump because the recession is going to start before he finishes this term, which means he won’t have a second term.’
That’s Euro Pacific Capital’s Peter Schiff explaining to Fox Business following the Dow Jones Industrial Average’s DJIA, +1.20% nasty plunge on Wednesday how he sees this turbulent market ultimately playing out.

“The dollar DXY, +0.06% is going to go through the floor and it’s going to take the bond market with it and the next crisis, it’s not subprime mortgages, it’s going to be in the Treasury market,” he added.

Read: Stocks rise as bullish earnings, retail sales offset trade issues

In his latest podcast, Schiff detailed his outlook as to why he sees gold GC.1, -0.72% , which has already risen about 20%, rallying hard from here.

“This trade war is lost,” he said. “The only question is when do we surrender and how do we admit defeat. Again, I don’t think we’re going to get any kind of deal.”

With the mainstream buzzing with recession fears, Schiff points out that investors are calling for the Fed to cut rates and go back to quantitative easing. But, he warned, this won’t have the impact of prior QEs, where everybody makes money.

“Everybody is weakening their currency to create more inflation,” Schiff, a longtime gold bug, said. “Well, what’s going to happen? The world is going to drown in an ocean of inflation and gold is going ballistic.”

User avatar
NotaPerson
Posts: 3316
Joined: Mon May 18, 2015 9:33 pm

Re: Trump's Trade Follicy

#2187

Post by NotaPerson » Fri Aug 16, 2019 9:21 pm

Addie wrote:
Fri Aug 16, 2019 8:11 pm
Cross-posting

Market Watch
The trade war is already lost, Trump is doomed and this investment is about to go ‘ballistic,’ strategist says

“Everybody is weakening their currency to create more inflation,” Schiff, a longtime gold bug, said. “Well, what’s going to happen? The world is going to drown in an ocean of inflation and gold is going ballistic.”
IIRC, Schiff is one of those guys who has called 30 of the last 3 recessions.

I've noticed some new precious metals pushing on youtube lately. Can the dinar be far behind? :smoking:
Am I being detained?

User avatar
Chilidog
Posts: 9850
Joined: Mon Jan 09, 2012 11:36 am

Re: Trump's Trade Follicy

#2188

Post by Chilidog » Fri Aug 16, 2019 9:58 pm

I've got my stash of Ameros.

User avatar
Lani
Posts: 4780
Joined: Fri Nov 16, 2012 4:01 pm
Location: Some island in the Pacific

Re: Trump's Trade Follicy

#2189

Post by Lani » Fri Aug 16, 2019 10:19 pm

He's a libertarian and a gold fanatic. However, during the run up to the '08 recession, he was right about gold prices massively increasing. (Because a stopped clock....) Of course, companies sold gold at top retail prices to people and offered far below scrap value to people selling.
Hidden Content
This board requires you to be registered and logged-in to view hidden content.
I still watch the precious metals market for fun because - JMHO - it shows when people are getting the financial jitters. Gold was about $1300/oz when Trump was inaugurated. So far in 2019 it's jumped from about $1278/oz to $1515. The silver price in January 2018 is about the same today.
Insert signature here: ____________________________________________________

User avatar
Foggy
Posts: 28442
Joined: Tue Jan 20, 2009 12:00 pm
Location: Fogbow HQ
Occupation: Dick Tater

Re: Trump's Trade Follicy

#2190

Post by Foggy » Sat Aug 17, 2019 7:44 am

Chilidog wrote:
Fri Aug 16, 2019 9:58 pm
I've got my stash of Ameros.
I'm still holding on to my dong. :blink:
Any time my questions are all fully answered, I know I'm asking the wrong questions. - Bernard Samson

User avatar
HST's Ghost
Posts: 698
Joined: Fri Aug 07, 2009 6:58 pm

Re: Trump's Trade Follicy

#2191

Post by HST's Ghost » Sat Aug 17, 2019 9:23 am

Foggy wrote:
Sat Aug 17, 2019 7:44 am
Chilidog wrote:
Fri Aug 16, 2019 9:58 pm
I've got my stash of Ameros.
I'm still holding on to my dong. :blink:
If you ever wanted to be a millionairre, come visit me and will have a nice banh mi together...

https://www.google.com/search?q=dollar+to+dong
Sekrit Stuffs!
Either give me more wine or leave me alone. - Rumi

User avatar
Sterngard Friegen
Posts: 44696
Joined: Wed Aug 05, 2009 12:32 am
Location: Over the drawbridge

Re: Trump's Trade Follicy

#2192

Post by Sterngard Friegen » Sat Aug 17, 2019 10:57 am

Foggy wrote:
Sat Aug 17, 2019 7:44 am
Chilidog wrote:
Fri Aug 16, 2019 9:58 pm
I've got my stash of Ameros.
I'm still holding on to my dong. :blink:
TMI

User avatar
RoadScholar
Posts: 8024
Joined: Wed Jan 26, 2011 10:25 am
Location: Baltimore
Occupation: Historic Restoration Woodworker
Contact:

Re: Trump's Trade Follicy

#2193

Post by RoadScholar » Sat Aug 17, 2019 10:14 pm

Sure, but can you still get a bang for your buck?
The bitterest truth is healthier than the sweetest lie.
X3

User avatar
Volkonski
Posts: 22597
Joined: Sat Mar 02, 2013 4:44 pm
Location: Texas Gulf Coast and North Fork of Long Island
Occupation: Retired Mechanical Engineer

Re: Trump's Trade Follicy

#2194

Post by Volkonski » Tue Aug 20, 2019 8:29 am

U.S. Steel plans to lay off hundreds of workers in Michigan

https://www.reuters.com/article/us-u-s- ... SKCN1V91XQ
In a Worker Adjustment and Retraining Notification filed on Aug. 5, the Pittsburgh-based company said it expects to let go fewer than 200 workers following its decision to halt production at the Michigan facility.

In mid-June, the company said it would idle two blast furnaces at its Great lakes and Gary Works plants, citing lower steel prices and softening demand.

U.S. Steel said the lay-offs at the Michigan plant could last beyond six months. They will impact nearly every area of the facility, from blast furnace to finishing operations, a company spokeswoman told Reuters.

The lay-offs call into question claims President Donald Trump has made about the resurgence of the domestic steel industry. Last week in Pennsylvania, Trump said his 25% tariff on foreign imports has turned a “dead” business into a “thriving” enterprise.
Image“If everyone fought for their own convictions there would be no war.”
― Leo Tolstoy, War and Peace

User avatar
Slim Cognito
Posts: 6500
Joined: Fri Aug 29, 2014 8:37 am

Re: Trump's Trade Follicy

#2195

Post by Slim Cognito » Tue Aug 20, 2019 9:02 am

Cue the interviews with the laid-off trump supporters who will still vote for the guy because "he knows what he's doing."
The girls prepare for our Jaws drive(way)-in movie tonight. ImageImageImage x4

User avatar
Slim Cognito
Posts: 6500
Joined: Fri Aug 29, 2014 8:37 am

Re: Trump's Trade Follicy

#2196

Post by Slim Cognito » Tue Aug 20, 2019 9:18 am

The girls prepare for our Jaws drive(way)-in movie tonight. ImageImageImage x4

User avatar
Volkonski
Posts: 22597
Joined: Sat Mar 02, 2013 4:44 pm
Location: Texas Gulf Coast and North Fork of Long Island
Occupation: Retired Mechanical Engineer

Re: Trump's Trade Follicy

#2197

Post by Volkonski » Tue Aug 20, 2019 10:37 am



Opportunity to sell US pork to Asian markets. Too bad China is not buying US agricultural products in response to Trump tariffs.
Image“If everyone fought for their own convictions there would be no war.”
― Leo Tolstoy, War and Peace

TexasFilly
Posts: 18189
Joined: Mon Sep 28, 2009 12:52 pm

Re: Trump's Trade Follicy

#2198

Post by TexasFilly » Tue Aug 20, 2019 10:46 am

Andddddddd, the Trump administration has just gotten rid of a bunch of scientists in the Department of Agriculture. The link in the tweet has a great deal of information about issues with vaccines to attempt to eradicate swine viruses.
I love the poorly educated!!!

I believe Anita Hill! I believe Dr. Ford!

User avatar
ZekeB
Posts: 15902
Joined: Mon Oct 12, 2009 10:07 pm
Location: Northwest part of Semi Blue State

Re: Trump's Trade Follicy

#2199

Post by ZekeB » Tue Aug 20, 2019 12:50 pm

Volkonski wrote:
Tue Aug 20, 2019 10:37 am
Opportunity to sell US pork to Asian markets. Too bad China is not buying US agricultural products in response to Trump tariffs.
What? Do away with my bacon supply? You seditionist. :eek2:
Trump: Er hat eine größere Ente als ich.

Putin: Du bist kleiner als ich.

PaulG
Posts: 513
Joined: Thu Jan 21, 2010 7:06 pm

Re: Trump's Trade Follicy

#2200

Post by PaulG » Tue Aug 20, 2019 12:56 pm

And Trump has all the best pigs, too.

Post Reply

Return to “Trump Administration”