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Sephiroth 13-04-2025 16:31

Re: President Trump 2.0
 
Quote:

Originally Posted by Jaymoss (Post 36194640)
saw a chinese guy on tiktok saying look at all the things I bought from the US holding up empty hands then says wonder that the average American owns from China. They are laughing at Trump and as an official said on Radio 2 yesterday China could live without the US no worries


Not sure about that. On their current economic model, they thrive on being a substantial proportion of the world's manufacturing output. Then there's their political agenda which feeds their manufacturing agenda.

There probably is an economic model that they could develop that doesn't take Europe or the USA into account, but that will need transition, time and a non-restive public.


Jaymoss 13-04-2025 16:35

Re: President Trump 2.0
 
Quote:

Originally Posted by Sephiroth (Post 36194642)

Not sure about that. On their current economic model, they thrive on being a substantial proportion of the world's manufacturing output. Then there's their political agenda which feeds their manufacturing agenda.

There probably is an economic model that they could develop that doesn't take Europe or the USA into account, but that will need transition, time and a non-restive public.


But you also have to factor in they are still an oppressive communist regime so the people will have to fall in line. They are still stopping UK MPs who disagree with their human rights record entering so I am sure they can tough it out. I do not think China will lose trade of Europe either

Sephiroth 13-04-2025 16:46

Re: President Trump 2.0
 
Quote:

Originally Posted by Jaymoss (Post 36194643)
But you also have to factor in they are still an oppressive communist regime so the people will have to fall in line. They are still stopping UK MPs who disagree with their human rights record entering so I am sure they can tough it out. I do not think China will lose trade of Europe either

Interesting point. I infer that the USA is out on a limb in your eyes and Europe knows it and won't kow-tow (pun intended) to the USA. The problem might lie with USA designed stuff that Europe buys (e.g. smart phones). Indeed, if it gets any more bitter between the USA & China, there is potential for China to tell the USA to sod off and then produce high qualityi Phone knock-offs!

TheDaddy 13-04-2025 16:50

Re: President Trump 2.0
 
Quote:

Originally Posted by Sephiroth (Post 36194642)

Not sure about that. On their current economic model, they thrive on being a substantial proportion of the world's manufacturing output. Then there's their political agenda which feeds their manufacturing agenda.

There probably is an economic model that they could develop that doesn't take Europe or the USA into account, but that will need transition, time and a non-restive public.


and they still will be, 14% of Chinese exports go to USA and that accounts for 2.5% of China's GDP iirc, not figures to sniff at but another country lost 4% of its GDP annually thanks to brexit and is still thriving

Hugh 13-04-2025 20:40

Re: President Trump 2.0
 
Quote:

Originally Posted by papa smurf (Post 36194562)
Captain cave in strikes again

Trump exempts smartphones and computers from new tariffs

US Customs and Border Patrol published a notice late on Friday explaining the goods would be excluded from Trump's 10% global tariff on most countries and the much larger Chinese import tax.

The move comes after concerns from US tech companies that the price of gadgets could skyrocket, as many of them are made in China.

The exemptions also include other electronic devices and components, including semiconductors, solar cells and memory cards.


https://www.bbc.co.uk/news/articles/c20xn626y81o

Yeh, about that…

https://wapo.st/4j9jA9z

Quote:

Tariffs on chips, phones, laptops still coming, commerce secretary warns

Trump officials adjusted their position a little more than one day after the White House announced an exemption from “reciprocal” tariffs for semiconductors and tech products…

… For the tech industry, Sunday’s clarification marked a return to the uncertainty that has roiled markets — just one day after it celebrated the White House announcement that the chip sector would be spared.

“The mass confusion created by this constant news flow out of the White House is dizzying for the industry and investors and creating massive uncertainty and chaos for companies trying to plan their supply chain, inventory, and demand,” Dan Ives, a senior analyst for Wedbush, wrote in a note to investors.

papa smurf 13-04-2025 21:00

Re: President Trump 2.0
 
Quote:

Originally Posted by Hugh (Post 36194658)
Yeh, about that…

https://wapo.st/4j9jA9z

You need to read "the art of destroying the economy" by A Dick :)

Tech shares will be in the toilet tomorrow, it's all part of the plan, don't be a panican

Jaymoss 13-04-2025 22:49

Re: President Trump 2.0
 
Quote:

Originally Posted by Sephiroth (Post 36194644)
Interesting point. I infer that the USA is out on a limb in your eyes and Europe knows it and won't kow-tow (pun intended) to the USA. The problem might lie with USA designed stuff that Europe buys (e.g. smart phones). Indeed, if it gets any more bitter between the USA & China, there is potential for China to tell the USA to sod off and then produce high qualityi Phone knock-offs!

China is Taiwans biggest trading partner iPhone SOC come from Taiwan so things could really get fun or funny haha

1andrew1 13-04-2025 23:28

Re: President Trump 2.0
 
Quote:

Originally Posted by papa smurf (Post 36194659)
You need to read "the art of destroying the economy" by A Dick :)

Is that the one with a foreword by E. Truss? ;)

Sephiroth 14-04-2025 08:22

Re: President Trump 2.0
 
Quote:

Originally Posted by 1andrew1 (Post 36194664)
Is that the one with a foreword by E. Truss? ;)

... and ghost-written by R. Reeves.

1andrew1 14-04-2025 16:58

Re: President Trump 2.0
 
Quote:

Originally Posted by Sephiroth (Post 36194669)
... and ghost-written by R. Reeves.

That would certainly be a turn up for the books, she's previously been found reproducing others' work!
https://www.ft.com/content/e4c190b0-...b-9f680ce1c67f

Back on topic, and good to see that Trump has acknowledged that tariffs are paid by the country importing the goods rather than the country exporting them. I wonder how many other exemptions will be added on top of the existing tech list?

Sephiroth 14-04-2025 17:02

Re: President Trump 2.0
 
Quote:

Originally Posted by 1andrew1 (Post 36194688)
That would certainly be a turn up for the books, she's previously been found reproducing others' work!
https://www.ft.com/content/e4c190b0-...b-9f680ce1c67f

She obviously copied Truss's work.

Paul 14-04-2025 17:33

Re: President Trump 2.0
 
Mr Flip Flop strikes again. :rolleyes:

https://www.bbc.co.uk/news/articles/c62z54gwd22o

Quote:

Trump threatens new tariffs on smartphones days after exempting them.

papa smurf 14-04-2025 18:07

Re: President Trump 2.0
 
Quote:

Originally Posted by Paul (Post 36194693)
Mr Flip Flop strikes again. :rolleyes:

https://www.bbc.co.uk/news/articles/c62z54gwd22o

All i can say is it's Monday lets see where we are tomorrow :)

Chris 14-04-2025 18:31

Re: President Trump 2.0
 
Sounds like he’s trying to create a loophole to allow iPhones into the country tariff free whilst levying bigly on everything else. I wish I’d been a fly on the wall in the Oval Office when Tim Cook called to school him on exactly what his plans were about to do to Apple.

What an utter moron.

1andrew1 14-04-2025 19:56

Re: President Trump 2.0
 
It's almost a Craig David song

I put the tariffs on, on Wednesday.
Took them off again on Thursday except for China.
I doubled them on China on Friday.
And on Saturday and Sunday too.
I exempted tech goods on Monday.
Said it was only temporary on Tuesday.


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