He was on foxnews saying the same
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- Thread starter bd popeye
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He was on foxnews saying the same
The “pause” just nuked the Hegemon’s negotiatio position. I doubt Trump can extract much out of other countries.
Imaging thinking you're going to fight trade war with China and capitulating in 12 hours to your vassal, and not even the vassal's government, just one of your vassal's hedge fund...
Folks, I don't know who needs to hear this, but the idea that foreigners selling US treasuries is somekind of "threat" was always bogus. The US doesn't need anyone to buy its domestic debt. The Fed can always monetise the debt. It can just push a button. Same as in any other country. The people raising the bogeyman of foreigners selling US treasuries need to read up on MMT theory. If your central bank is sovereign, then there are no real threats here.
I think you underestimate the desperation of non-China East Asian countries. Their entire growth model is based on exports to the world, and most of that is going to the West. Japan is a perfect example of that. Hell, this is a problem even for many European countries who have relied on US consumers to a much larger extent than they should have.
This I agree with. The vassals were reaching out to negotiate only for the US to suddenly get cold feet, which indeed strengthens their negotiating position and they’re probably laughing right now. I don’t think Trump is winning by this move, just for the record, but countries other than China were indeed starting to cave before he blinked.
By starting to cave, did you mean the FTA they were proposing, or Japan dumping treasuries and forced US to capitulate, or retaliatory tariffs from EU coming into effect today?
Also you realize for 70 countries to be talking to them as they claimed, it would require islands with no human inhabitants phoning up WH to talk trade...
Some young Eastern European guy who lives in America.
Didn’t Japan & South Korea both propose to buy more US energy? Didn’t their leaders came out & said they would not retaliate as China did? Both of them spoke to Trump the day before, so they most certainly did reach out to negotiate and did not coordinate with China on joint action as was claimed.
You know, right now my company can import Chinese tools, materials and parts, assemble them into the final product, and sell that product to the US for minimal tariff, while my company's American competitor now has to pay 125% tariff on that same Chinese tool, material and parts.
Guys I think American manufacturing is screwed unless he tariff everyone or folds on China....
Guys I think American manufacturing is screwed unless he tariff everyone or folds on China....