Trump's Trade Follicy

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tek
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Re: Trump's Trade Follicy

#2251

Post by tek »

To borrow a phrase that as been attributed to many..

"We've already established what you are. Now we're just quibbling over the damage"
There's no way back
from there to here

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DejaMoo
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Re: Trump's Trade Follicy

#2252

Post by DejaMoo »

Sterngard Friegen wrote:
Tue Aug 27, 2019 9:08 am
. . . 79 percent of 1,100 farmers still back Mr. Trump . . .
Let them grow dirt. Trump may destroy their farms, but he will continue to protect them from being forced to get abortions and sex change operations.
U.S. Farmers May Be Angrier, But Their Trump Love Is Growing
Support for the president rebounded in the past year, with 67% of farmers saying they’d back him for reelection in 2020, according to a survey of 1,150 growers carried out by Farm Futures between July 21 and Aug. 3. That’s up from last year, when backing fell to just under 60% following the introduction of Chinese retaliatory tariffs on American soybeans.
:snippity:

Only 6% of the farmers who voted for Trump said they wouldn’t back him if the elections were held today, according to the survey, which is being released Thursday at the Farm Progress show in Decatur, Illinois. The president’s status also grew among those who didn’t support him, with 2% of the voters who supported Hillary Clinton in 2016 saying they’d vote for Trump.

“My support for the administration goes beyond issues with agriculture,” Nelson said, citing policies in the areas of health care, immigration and education.

Roger Cerven, who farms 2,200 acres with his son in Iowa, also points to issues beyond agriculture for his support.

“I’m not in favor of everyone going to college for free, or getting health care for free,” he said during the crop tour. “Someone has to pay the bill.”
Government assistance to farmers - A-OK. Government assistance to anyone else - Socialism!
I've heard this bull before.

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p0rtia
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Re: Trump's Trade Follicy

#2253

Post by p0rtia »

Yes, because Trump fans love children in cages, soaring healthcare premiums for a once-again decreasing number of people, and as little education as possible. Winning.
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Re: Trump's Trade Follicy

#2254

Post by Gregg »

Tell him that all those tariffs that China is paying is where the money for free college free health care and free "Hookers and Blow" parties at Congressman Steve King's office comes from. See, its all good, you just have to listen to Lindsey Graham and Accept the Pain!
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Re: Trump's Trade Follicy

#2255

Post by Slim Cognito »

I was wandering through the living room and I could swear I just saw a clip of trump saying that if business owners are complaining about tariffs hurting their business, it's only because they're bad businessmen and are blaming tariffs instead of their own crappy skills.

That had to be a kick in the gut to any semi-reasonable republican business owner who's suffering because of tariffs. I mean, he didn't blame Mexicans, Muslims or mouthy women. He blamed them.

Nahhhhh, who am I kidding?
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tek
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Re: Trump's Trade Follicy

#2256

Post by tek »

Slim Cognito wrote:
Sat Aug 31, 2019 8:35 am
I was wandering through the living room and I could swear I just saw a clip of trump saying that if business owners are complaining about tariffs hurting their business, it's only because they're bad businessmen and are blaming tariffs instead of their own crappy skills.

That had to be a kick in the gut to any semi-reasonable republican business owner who's suffering because of tariffs. I mean, he didn't blame Mexicans, Muslims or mouthy women. He blamed them.

Nahhhhh, who am I kidding?
yup...

https://www.marketwatch.com/story/trump ... 2019-08-30
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Re: Trump's Trade Follicy

#2257

Post by Lani »

The casualty list from the U.S.-China trade war will include American consumers on Sunday when President Trump’s next round of tariffs on Chinese products takes effect, capping a month of contradictory policy announcements and second thoughts.

At 12:01 a.m., U.S. customs will begin collecting a 15 percent tax on products such as clothing, footwear, pens, pencils, diapers, Bluetooth ear buds, televisions, golf clubs and fishing line. The official list of affected items runs 114 single-spaced pages.

“This is the first time U.S. consumers will see the costs quite directly, right as we head into the busiest shopping time of the year,” said Edward Alden, an economics professor at Western Washington University.
https://www.washingtonpost.com/business ... ost&wpmm=1
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Sterngard Friegen
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Re: Trump's Trade Follicy

#2258

Post by Sterngard Friegen »

Pffft. China pays all these increased costs. Not only to "us" but they are also paying them in China.

Trade wars are easy to win and no matter what, American consumers never pay anything and China pays everything.

At least that's what Peter Navarro says. And you can trust him. Jared found him on Amazon.com.

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Re: Trump's Trade Follicy

#2259

Post by Tiredretiredlawyer »

Trump's War on Christmas?
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The 19th Amendment was first introduced to Congress in 1878, yet it was not approved by Congress until 1919 – 41 years later.
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Re: Trump's Trade Follicy

#2260

Post by Orlylicious »

This hasn't gotten much coverage yet but Donald et al have been hyping consumer spending. Wonder why they haven't jumped all over this news?
Consumer confidence sees biggest fall since 2012 over trade fears
BY NIV ELIS - 08/30/19 12:27 PM EDT 779

U.S. consumer sentiment plunged 8.6 points in August, the largest decline in nearly eight years, as President Trump ramped up a trade war with China. “The August data indicate that the erosion of consumer confidence due to tariff policies is now well under way,” said Richard Curtin, the University of Michigan economist who directs the consumer sentiment surveys. In August, Trump announced that he would impose new tariffs on China in September and December and increase existing tariffs on $250 billion of Chinese imports in October.

The next phase of tariffs, which will tax $112 billion worth of Chinese imports at 15 percent, goes into effect Sunday. China will also impose retaliatory tariffs on $75 billion of U.S. products and a 25 percent auto tariff. August also saw early signals in the bond market that a recession could be around the corner. The 8.6-point drop in consumer confidence was the largest since December 2012, when concerns about going over a "fiscal cliff" led to a 9.8 drop in sentiment.

The decline could spell trouble for the economy, which has stayed afloat on strong consumer spending even as the index remained at 89.9, above dangerous territory. “While the overall level of sentiment is still consistent with modest gains in consumption during the year ahead, the data nonetheless increased the likelihood that consumers could be pushed off the tariff cliff in the months ahead," Curtain said. "This could result in a much slower growth in consumption and the overall economy,” he added. The survey found that buying attitudes toward durable household goods, such as appliances and home electronics, hit a five-year low.
https://thehill.com/policy/finance/4594 ... rade-fears

If people pull back on their spending, the GOP is in a world of hurt.
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Re: Trump's Trade Follicy

#2261

Post by Volkonski »

Image“If everyone fought for their own convictions there would be no war.”
― Leo Tolstoy, War and Peace

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Re: Trump's Trade Follicy

#2262

Post by RTH10260 »

I guess the low income earners and the poor who rely on cheap Chinese products will once again be hit hardest.

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Suranis
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Re: Trump's Trade Follicy

#2263

Post by Suranis »

Its going to be very very hard on a lot of people.
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Re: Trump's Trade Follicy

#2264

Post by PaulG »

It's going to be hard on everybody no matter how hard they try to avoid it. Even if you don't buy presents from China, how can you avoid buying car parts? Food additives? A few years back I read that all the buttons in the world are currently being made in one town in China. Plus the Chinese aren't going to be buying the stuff we want to sell them.

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Re: Trump's Trade Follicy

#2265

Post by Orlylicious »

Yes, and China possesses rare earth minerals that are critical; a few months ago they were already threatening witholding them from the US and that was concerning.

Even conservatives know that tariffs are taxes... seems only dopey donald didn't get the memo. And also agree PaulG, this may very well make the trade imbalance worse (though that's really the worst measure to use).
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Re: Trump's Trade Follicy

#2266

Post by Chilidog »

Keep in mind that most of the cheap, door buster crap has been ordered and shipped already.

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Re: Trump's Trade Follicy

#2267

Post by Gregg »

The tariff is charged or not when it clears customs, so unless its in the US already, and some if it might be, the tariffs apply.
Also, years ago there was a program where some shipments were cleared on the outgoing port, I don't know much about how that worked or if it still does, but I know for a fact that some furniture from Taiwan was inspected and sealed by US Customs in Taipei and didn't have to go through the bonded warehouse thing in Long Beach or wherever it arrived.
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Re: Trump's Trade Follicy

#2268

Post by Sterngard Friegen »

Gregg wrote:
Mon Sep 02, 2019 12:00 pm
The tariff is charged or not when it clears customs, so unless its in the US already, and some if it might be, the tariffs apply.
Also, years ago there was a program where some shipments were cleared on the outgoing port, I don't know much about how that worked or if it still does, but I know for a fact that some furniture from Taiwan was inspected and sealed by US Customs in Taipei and didn't have to go through the bonded warehouse thing in Long Beach or wherever it arrived.
U.S. Immigration officers are in major Canadian airports to pass through citizens, residents and visitors. It can be done. It just requires someone who doesn't want to showboat a crash out of the EU. Which is not Boris Johnson.

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Re: Trump's Trade Follicy

#2269

Post by RTH10260 »

U.S. to leave global postal union next month barring last-minute action; exit could send global parcel rates soaring
Mark Solomon

Barring an eleventh-hour agreement, the U.S. Postal Service (USPS) will leave the Universal Postal Union (UPU) on October 17, ending 144 years of U.S. involvement in the international body that governs the exchange of mail and postal parcels between countries, and perhaps fundamentally changing the landscape of global air shipping.

Members of the 192-member United Nations body will gather on September 25 and 26 in Geneva, Switzerland in only the third “extraordinary Congress” in UPU history. The key agenda item will be to vote on what UPU is calling the “possible revision of small packet remuneration rates,” which is the core issue to determine the future of U.S. involvement.

The U.S. State Department, which is the lead negotiator for the U.S. in UPU, has submitted a proposal that would allow the U.S. to “self-declare” international postage pricing and to decide on subsidy levels, if any. Unless the UPU agrees to the proposal by a September 30 deadline, the U.S. will leave the Union 17 days later and, over time, begin a framework of bilateral negotiations with individual postal authorities. The self-declare regime would begin in 2020.

The practical effect of the exit of the U.S. would be a rate increase of at least 300 percent on postal parcel traffic to the U.S. from heavy net exporting countries as rates kept artificially low for decades begin to normalize, according to Matthew White, a strategist for iDrive Logistics, a consultancy working with customers to prepare contingency plans for the possible U.S. exit. U.S.-based international shippers will also pay more, at least over the short-term, because USPS will cancel negotiated service agreements (NSA) covering international shipments if the withdrawal takes place, White said.


https://www.freightwaves.com/news/us-to ... es-soaring
Administrations reasoning:
freightwaves.com wrote:President Trump telegraphed the departure in an August 2018 memorandum, saying that certain “current international postal practices in the UPU do not align with United States economic and national security interests.” President Trump’s memorandum raised concerns with two practices. One is the inability of foreign postal services to furnish advance electronic shipment data, which U.S. Customs and Border Protection (CBP) needs to improve its ability to flag and detect high-risk shipments, as well as facilitate import flows.

The other, and more politically charged, issue is with the UPU’s 50-year-old “terminal dues” structure, which are the funds paid to the postal authority of the destination country by the authority of the origin country. The 1969 UPU Congress adopted the current terminal dues system, which governs cross-border delivery of packages and letters weighing less than 4.85 pounds. Instead of basing terminal dues on the actual handling costs incurred by the destination country’s operator, the UPU established a “country classification” system factoring in different stages of member states’ economic development and the many variations in their mail volumes, tariffs and cost levels. As a result, developing countries enjoyed relatively low shipping rates into the U.S. Meanwhile, the U.S., with its highly advanced market, would typically pay more.

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Re: Trump's Trade Follicy

#2270

Post by Sterngard Friegen »

Sounds like Steve Miller and Peter Navarro combined to do this. It cuts down "alien" entrants into the U.S. Postal Service and simultaneously acts as yet another disincentive for entry of foreign goods.

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Re: Trump's Trade Follicy

#2271

Post by Azastan »

Trying to break the postal union (APWU) and will have the excellent side benefit of benefiting private companies such as FedEx.

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Re: Trump's Trade Follicy

#2272

Post by fierceredpanda »

This is what happens when you elect people who want to break things. They start breaking things, and suddenly people are like, "Wait, I didn't want you to break that!"
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Re: Trump's Trade Follicy

#2273

Post by Sterngard Friegen »

fierceredpanda wrote:
Wed Sep 04, 2019 9:36 am
This is what happens when you elect people who want to break things. They start breaking things, and suddenly people are like, "Wait, I didn't want you to break that!"
Like Brexit.

Putin is laughing in his high tech apartment in Moscow in his third world cesspool country.

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Re: Trump's Trade Follicy

#2274

Post by Somerset »

Administrations reasoning:
freightwaves.com wrote:President Trump telegraphed the departure in an August 2018 memorandum, saying that certain “current international postal practices in the UPU do not align with United States economic and national security interests.” President Trump’s memorandum raised concerns with two practices. One is the inability of foreign postal services to furnish advance electronic shipment data, which U.S. Customs and Border Protection (CBP) needs to improve its ability to flag and detect high-risk shipments, as well as facilitate import flows.

The other, and more politically charged, issue is with the UPU’s 50-year-old “terminal dues” structure, which are the funds paid to the postal authority of the destination country by the authority of the origin country. The 1969 UPU Congress adopted the current terminal dues system, which governs cross-border delivery of packages and letters weighing less than 4.85 pounds. Instead of basing terminal dues on the actual handling costs incurred by the destination country’s operator, the UPU established a “country classification” system factoring in different stages of member states’ economic development and the many variations in their mail volumes, tariffs and cost levels. As a result, developing countries enjoyed relatively low shipping rates into the U.S. Meanwhile, the U.S., with its highly advanced market, would typically pay more.

As much as I hate the OSG's trade policies, and as much as I'm a China supporter, I actually think this is a good idea. China is clearly no longer a "developing nation." They're just as powerful in the trade arena and international commerce as the US (arguably stronger, in fact), and I do think it's a good idea to reset things like postal rates to reflect this.

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Suranis
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Re: Trump's Trade Follicy

#2275

Post by Suranis »

But this is not just about China. If china has stepped up a few ranks in the "developed" index then you press for them to be reclassified in the context of the existing agreement. You dont pull out of the thing as that affects everyone you are dealing with, AND removes you ability to argue for Chinese reclassification.
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