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05-08-2025, 09:11 AM
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#1
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Valued Poster
Join Date: Apr 19, 2017
Location: Dallas
Posts: 5,647
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The Tariffs are failing....
Not.
So spin how this is bad for Americans.. because I'm sure that you will.....
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05-08-2025, 10:04 AM
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#2
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Valued Poster
Join Date: Jan 3, 2010
Location: Clarksville
Posts: 62,889
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Spin it?
You believe every word that rascal posts on social media.
Good for us if it comes to pass.
Odds are tomorrow, some Brit will offend his ass and he'll fuck with the markets again. We've seen that happen already with China.
Spin that.
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05-08-2025, 03:20 PM
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#4
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Valued Poster
Join Date: Jan 1, 2018
Location: Somewhere off Mogo
Posts: 628
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The first domino falls. Expect more deals to be finalized in the near future. More winning.
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05-08-2025, 03:47 PM
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#5
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Valued Poster
Join Date: Jun 5, 2016
Location: Arkansas
Posts: 1,180
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Quote:
Originally Posted by Lantern2814
The first domino falls. Expect more deals to be finalized in the near future. More winning.
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What was the starting tariff? How much trade is involved? Oh 1% and 3%, so the bar for winning in the cult is less than 1% of 3%. How much less...nobody knows because there is no signed deal. 
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05-08-2025, 04:08 PM
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#6
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Valued Poster
Join Date: Apr 29, 2013
Location: Milky Way
Posts: 11,204
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Quote:
Originally Posted by Lantern2814
The first domino falls. Expect more deals to be finalized in the near future. More winning.
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Tomorrow, right Salty? Tomorrow. Tomorrow. Tomorrow . . . .
Winning. Right.
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05-08-2025, 08:52 PM
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#7
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Valued Poster
Join Date: Sep 26, 2021
Location: down under Pittsburgh
Posts: 11,959
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... WINNING! ...  ....  .... ...
#### Salty
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05-08-2025, 09:36 PM
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#8
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BANNED
Join Date: Jul 26, 2013
Location: Railroad Tracks, other side thereof
Posts: 7,891
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Wet clean up in aisle 9
Quote:
Originally Posted by 69in2it69
...They will end up out of business because of the tariffs.
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Balderdash. They can easily bypass that through a Federally funded and insured laundering service.
Quote:
Chinese Export Companies Use ‘Origin Washing’ Services to Dodge U.S. Tariffs
A flourishing industry of “origin washing” services has appeared on Chinese social media, offering to help export companies evade U.S. tariffs by pretending their products were shipped from other Asian countries such as Vietnam and Thailand.
“The U.S. has imposed tariffs on Chinese products? Transit through Malaysia to ‘transform’ into Southeast Asian goods! The U.S. has set limits on Chinese wooden flooring and tableware? ‘Wash the origin’ in Malaysia for smooth customs clearance!” one such advertisement cajoled...
Radio Free Asia (RFA) on Tuesday broke down the business model for origin washing, which is more formally known as “freight forwarding.” The forwarding companies advertise extensively on Chinese social media platforms, including Douyin, China’s internal version of TikTok.
The ads promise to manage “customs declaration documents, clearance, and certificates of origin” to make it look as if Chinese shipments originated in other countries. If necessary, the forwarding companies will even move products between shipping containers to conceal their true origins...
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05-08-2025, 10:25 PM
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#9
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Lifetime Premium Access
Join Date: Mar 4, 2010
Location: Texas
Posts: 9,430
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Quote:
Originally Posted by texassapper
Not.
So spin how this is bad for Americans.. because I'm sure that you will.....
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Sure!
The last two columns in Trump's post look like complete fiction. The weighted average tariff rate in the UK in 2021 was 0.72%, and it's probably about the same today:
https://en.wikipedia.org/wiki/List_o...by_tariff_rate
The average effective tariff rate in the USA as of last week was about 28%:
https://budgetlab.yale.edu/research/...-april-15-2025
https://eccie.net/showpost.php?p=106...0&postcount=16
British consumers may pay a little less for ethanol, beef, cereals, fruits, etc., and American producers may sell more of those commodities to the UK. That's good for both. It will go a LITTLE way towards making up for the tens of billions American commodities producers will lose because Trump shut them out of the China market.
I remember reading an article in the Economist years ago. Four economics think tanks looked at what the effect would be of Brexit on British GDP. They showed the UK losing out under all scenarios except one -- if the country opened up to trade and cut tariffs to "0", like Singapore did, then the country was expected to do better than if it had stayed in the EU.
Trump's making a mistake. Now you can't trust that America will do what it agreed to. USMCA is the best example in trade, but no doubt we broke WTO rules and abrogated other treaties when we imposed across the board 10% tariffs, and the 25% tariffs on steel, aluminum and autos. Free markets and the rule of law are important contributors to the prosperity of a nation, and Trump is riding roughshod over both.
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05-09-2025, 05:05 AM
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#10
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Valued Poster
Join Date: Apr 29, 2013
Location: Milky Way
Posts: 11,204
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Quote:
Originally Posted by Tiny
Sure!
The last two columns in Trump's post look like complete fiction. The weighted average tariff rate in the UK in 2021 was 0.72%, and it's probably about the same today:
https://en.wikipedia.org/wiki/List_o...by_tariff_rate
The average effective tariff rate in the USA as of last week was about 28%:
https://budgetlab.yale.edu/research/...-april-15-2025
https://eccie.net/showpost.php?p=106...0&postcount=16
British consumers may pay a little less for ethanol, beef, cereals, fruits, etc., and American producers may sell more of those commodities to the UK. That's good for both. It will go a LITTLE way towards making up for the tens of billions American commodities producers will lose because Trump shut them out of the China market.
I remember reading an article in the Economist years ago. Four economics think tanks looked at what the effect would be of Brexit on British GDP. They showed the UK losing out under all scenarios except one -- if the country opened up to trade and cut tariffs to "0", like Singapore did, then the country was expected to do better than if it had stayed in the EU.
Trump's making a mistake. Now you can't trust that America will do what it agreed to. USMCA is the best example in trade, but no doubt we broke WTO rules and abrogated other treaties when we imposed across the board 10% tariffs, and the 25% tariffs on steel, aluminum and autos. Free markets and the rule of law are important contributors to the prosperity of a nation, and Trump is riding roughshod over both.
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05-09-2025, 07:53 AM
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#11
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: Austin Texas
Posts: 3,759
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Trump’s deal with the UK sends a clear message: 10% tariffs are here to stay
Even Britain, with its “special relationship” with the U.S., didn’t manage to persuade Trump to drop all tariffs during trade talks.
Most goods imported to the U.S. from the U.K. will still be subject to a 10% baseline tariff — which Trump says is the lowest country-specific tariff that will be applied to trading partners.
Tariffs of 10% at the very minimum could be the best deal other countries and trading blocs will achieve, according to analysts.
https://www.cnbc.com/2025/05/09/trum...e-to-stay.html
If a 10% tariff is going to be the norm worldwide why don’t they just institute a VAT tax?
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05-09-2025, 08:27 AM
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#12
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Valued Poster
Join Date: Jan 3, 2010
Location: Clarksville
Posts: 62,889
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So the best our trading partners and allies can do is “have nothing and like it?”
Errr, pay at least an extra 10% and like it.
Trump explaining economics to his faithful is an exercise is lunacy. On both ends.
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05-09-2025, 11:55 AM
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#13
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Valued Poster
Join Date: Jun 5, 2016
Location: Arkansas
Posts: 1,180
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And right out of the depends this morning, China falls from 145% to 80%. China just "negotiated" 65% right off the top without saying a word...
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05-09-2025, 07:44 PM
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#14
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Valued Poster
Join Date: Jan 1, 2018
Location: Somewhere off Mogo
Posts: 628
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Quote:
Originally Posted by 69in2it69
And right out of the depends this morning, China falls from 145% to 80%. China just "negotiated" 65% right off the top without saying a word...
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Except that Chinese representatives have been seen coming into federal buildings to negotiate. Just because they don't tell you what's happening every second doesn't mean it isn't going on. Though I'm sure Chairman Xi appreciates the full support of you and the other usual suspects.
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05-09-2025, 08:01 PM
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#15
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Valued Poster
Join Date: Jun 5, 2016
Location: Arkansas
Posts: 1,180
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Quote:
Originally Posted by Lantern2814
Except that Chinese representatives have been seen coming into federal buildings to negotiate. Just because they don't tell you what's happening every second doesn't mean it isn't going on. Though I'm sure Chairman Xi appreciates the full support of you and the other usual suspects.
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I'm sure the fuhrer appreciates your support while ya'll live in your glory years of the 1950s.... China factories aren't slowing down. The US economy is...facts.
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