President Trump 2.0

[Sephiroth]

Originally Posted by Jaymoss

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]

Originally Posted by Sephiroth

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]

Originally Posted by Jaymoss

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]

Originally Posted by Sephiroth

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

Originally Posted by papa smurf

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

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]

Originally Posted by Hugh

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]

Originally Posted by Sephiroth

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]

Originally Posted by papa smurf

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

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

[Sephiroth]

Originally Posted by 1andrew1

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

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

[1andrew1]

Originally Posted by Sephiroth

... 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]

Originally Posted by 1andrew1

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.

Mr Flip Flop strikes again.

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

Trump threatens new tariffs on smartphones days after exempting them.

[papa smurf]

Originally Posted by Paul

Mr Flip Flop strikes again.

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

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

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]

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.