Trump 2.0 official thread

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gpt

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The president added that he also planned to hit China with an additional 10 per cent levy on March 4, on top of 10 per cent tariffs that he imposed this month. Following Trump’s latest threat, China’s offshore renminbi weakened 0.3 per cent to Rmb7.289 versus the dollar. The dollar climbed 0.6 per cent higher against a basket of other major currencies.
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China will probably let RMB depreciate further against the dollar. PBOC has been maintaining a relatively stable exchange rate around 7.20 since Nov 5 but they will allow for more "flexibility" to offset the effects of tariffs.
 
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zyklon

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00CuriousObserver said:
“If Russia becomes a permanent junior partner to China in the long term, now you’re talking about two nuclear powers aligned against the United States, and even ten years from now or five years from now, if this trend continues, we could find ourselves in a situation where whether Russia wants to improve its relations with the U.S. or not, they can’t because they’ve become completely dependent on the Chinese because we have cut them off. I don’t know if that’s a good outcome for us . . . I think we have lost the concept of maturity and sanity in diplomatic relations. Part of diplomatic relations is the ability to communicate with and manage through problems with other great powers around the world to avoid war and to avoid conflict. But I think having a situation where the Russians are permanently a junior partner to China, having to do whatever China says to do because they are dependent on them, I don’t think that’s a good outcome for Russia and it’s not a good outcome for America or for Europe or the world.”


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That's surprisingly pragmatic, if not wise of Little Marco!

Rubio knows he and Big Daddy Trump won't be able to peel Putin and Russia away from Xi and China, but he also knows a de facto Chinese takeover of Russia and her abundant natural resources will more likely than not fundamentally alter the global balance of power for at least a century or two, and it would make sense for Foggy Bottom to do just about everything in their power and then some to avert such an outcome.

Considering the attention Little Marco appears to be receiving as Secretary of State, as well as his unsuccessful primary campaign for the GOP presidential nomination in 2016, he is definitely going to compete against Vance in 2028 for the opportunity to succeed Trump unless some misfortune or scandal besets him . . .
 
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abenomics12345

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jiajia99 said:
If one looks closely at what Trump and his team are doing, they are getting rid of all those institutions that cost a lot on paper but are down right fundamental and necessary for the nation to run. If he keeps it up, he is going to basically tear the nation apart along with pissing of it’s Allies around the world. I wondered why Biden and those other bastards haven’t really been seen lately and it just occurred to me, they are trying their best to hide while all of the stupid things that Trump is doing is going to come crashing down on this orange head and then he will take all the blame while these evil assholes get away Scot free while everything falls apart. Of course when the nation is tearing itself apart and the fact that people will be hunting Biden and his lot down doesn’t occur to them in the slightest given that because they are part of the elite and the ones who made all this possible doesn’t absolve him of his hand in things
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American apologists: "Yes but see how strong our iNsTiTuTiOnS are? They survived 1 term of Trump!"
 
00CuriousObserver

00CuriousObserver

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zyklon said:
That's surprisingly pragmatic, if not wise of Little Marco!

Rubio knows he and Big Daddy Trump won't be able to peel Putin and Russia away from Xi and China, but he also knows a de facto Chinese takeover of Russia and her abundant natural resources will more likely than not fundamentally alter the global balance of power for at least a century or two, and it would make sense for Foggy Bottom to do just about everything in their power and then some to avert such an outcome.

Considering the attention Little Marco appears to be receiving as Secretary of State, as well as his unsuccessful primary campaign for the GOP presidential nomination in 2016, he is definitely going to compete against Vance in 2028 for the opportunity to succeed Trump unless some misfortune or scandal besets him . . .
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Of course. I certainly agree with their approach in principle.

However, I think the question needs to be asked... But at what cost.
 
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zyklon

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00CuriousObserver said:
Of course. I certainly agree with their approach in principle.

However, I think the question needs to be asked... But at what cost.
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Considering Trump's general and historical appetite for risk, as well as his triumphant return to the White House despite multiple indictments that almost sent him to prison, and having fairly recently survived an assassination attempt where he was literally within an inch or so of losing his life, Trump is most likely currently of the belief that he has been "chosen by God."

Trump might be cognizant of the risks, but they're definitely being downplayed, if not largely ignored inside his head.

So Trump likely believes the costs will be minimal.
 
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Quan8410

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gpt said:
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China will probably let RMB depreciate further against the dollar. PBOC has been maintaining a relatively stable exchange rate around 7.20 since Nov 5 but they will allow for more "flexibility" to offset the effects of tariffs.
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Why should China need to react everytime Trump or US in general doing something. They can ignore that. It's not like 99% China GDP come from export to US.
 
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LuzinskiJ

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Maybe there is way to create a temporary international free-trade-zone with a 3 years life-span that joint all aggrieved parties of the US tariff and all import duties eliminated (except for farm goods) between member nations just to offset the reduced trade into US due to tariff.
 
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