DOW Tanks 1100+ Points

Same libs predicting the same doom and glooom that never materializes
 
As long as these tariffs dont hit computer components, then im good.
 
HunterSdVa29 said:
which I almost guarantee virtually none of those revenues will be revinvested back into African countries, AFAIK the only reason they even do that now (the Chinese) is they had some law change about Foreign Direct Investments and Africa was the optimal destination (could be wrong about that tho, you probably no more than I about that)

Who knows tho, CAR may be ballin soon hahaha

I sincerely doubt it tho
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The US has been trying to get into Africa as well. It's supposed to be the next boon.

We had different approaches though. I believe the US was working on a version of TPP for trade with African nations to promote stability and protect American Investors so they would put money in there.

https://www.brookings.edu/testimoni...tes-africa-trade-and-investment-relationship/
 
TheComebackKid said:
Same libs predicting the same doom and glooom that never materializes
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Interesting because I'm sure you were up in arms when ABC ran a story about Trump having Flynn contact Russia and the Dow dropped 400 points---aka "crashed" in your words.

So you think its ok for Trump to crash the stock market and that liberals shouldn't have a problem with that?
 
jk7707 said:
I definitely trust Trump on this. He clearly understands all the subtle nuances and minute details that go into international trade. Just look at his masterful handling of the meeting with Trudeau.
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Daddy knows what he’s doing :)
 
@all the trump bots

Are trade wars as easy to win as getting everyone tremendous cheap healthcare?

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Trotsky said:
I'm not per se against tariffs and protectionism at all.

I'm against poorly planned and idiotic ones.

Kind of like how I generally am okay with foreplay, but I oppose my girlfriend taking a giant shit in my mouth.
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This analogy is too perfect lol
 
PolishHeadlock said:
I think a lot of this stuff is going to end up in various African countries run by the Chinese lol
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perhaps i'm retarded or just uninformed on INTL trade, but:

if a Chinese company produces a product in say Namibia, would our proposed tariffs towards China apply? or would it fall under what ever agreement we get w/ the African Union or that specific country?

I guess i'm unsure if the tariffs go towards country of origin of production, or origin of parent company/Financing...
 
Rage! Rage against the daily Trump news! RAAAAAGE!!!!


I love when people say he’ll start a trade war. We’ve had a trade war for decades we just weren’t fighting it.
 
Trotsky said:
I'm not per se against tariffs and protectionism at all.

I'm against poorly planned and idiotic ones.

Kind of like how I generally am okay with foreplay, but I oppose my girlfriend taking a giant shit in my mouth.
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7zwvKP2.gif
 
kahiljabroni said:
Rage! Rage against the daily Trump news! RAAAAAGE!!!!


I love when people say he’ll start a trade war. We’ve had a trade war for decades we just weren’t fighting it.
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Chances you ever thought of or had any concern for international trade policy before 2015: 0%
 
It's going through a vox populi, so it will be testing the waters before implemented. This isn't as rash as people are making it out to be -- if trump takes the multilateral route of implementation rather than just going with his inner circle.

His personal wealth (and his buddies) would be affected big time -- which I hope keeps him logical with this

Needs to add real estate like regulation on foreign investment on technological investment from china-- while offering incentives for domestic investment and from other less demanding nations.

Also, invest in manufacturing in other shit hole countries that will exploit it's workforce to keep the cheap goods flowing in. This will cost trump with his rubes who fell for America first promises, though.
 
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HunterSdVa29 said:
perhaps i'm retarded or just uninformed on INTL trade, but:

if a Chinese company produces a product in say Namibia, would our proposed tariffs towards China apply? or would it fall under what ever agreement we get w/ the African Union or that specific country?

I guess i'm unsure if the tariffs go towards country of origin of production, or origin of parent company/Financing...
Click to expand...

Honestly I haven't really looked into it but I assume it's in the country where the product is produced.

I could see a situation where you impose the tariff on African good if the Chinese state was subsidizing the production in Africa to hurt an American industry but that would be a more precise tariff.
 
Yeah, the market goes up and down. People have been oddly quiet about the "ups" lately though.
 
PolishHeadlock said:
Honestly I haven't really looked into it but I assume it's in the country where the product is produced.

I could see a situation where you impose the tariff on African good if the Chinese state was subsidizing the production in Africa to hurt an American industry but that would be a more precise tariff.
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I assume production too

I always thought our manufacturors left mainly due to labor and IMO environmental laws, not that it would be a possibly lower tariff being produced in say Sri Lanka or some rando place. Although we have 'most favored nation' status w/ the EU and other nations, so maybe that doesn't even apply for us
 
luckyshot said:
Breaking story per NPR:

The Trump administration is preparing to impose some $50 billion worth of tariffs on Chinese imports, in a major escalation of the president's "America First" trade policy. President Trump is also calling for new limits on Chinese investment in U.S. technology, in an effort to protect what the administration calls America's "economic seed corn."

The tariffs are a response to longstanding complaints that China unfairly requires U.S. companies to share their technology as a cost of doing business in that country. The administration is also concerned that China is strategically acquiring innovative technologies through investments in the United States.

Aides described the $50 billion figure as a conservative estimate of what forced technology transfer and other moves by China cost the U.S. economy.

Trump is expected to sign a presidential memorandum Thursday directing his trade representative to draw up a long list of Chinese products to which the tariffs would be applied. The list will be made public in 15 days, and the tariffs would take effect after a period of public comment.

Business leaders acknowledged that China's treatment of intellectual property is a problem, but they warned that tariffs could backfire. Dozens of trade groups sent a letter to the president on Sunday urging Trump to pursue a different course.

https://www.npr.org/2018/03/22/596058282/president-trump-orders-50-billion-tariffs-on-china

Trade war bitches!





And, in a strange confabulation, Fox News adds this Gem:

Dow down triple digits as Trump's lead lawyer resigns

https://www.foxbusiness.com/markets...s-trumps-lead-lawyer-resigns-trade-fears-grow


Lol, stay golden Fox.




S&P 500 turns negative for 2018 as stocks tumble on trade fears

https://www.marketwatch.com/story/dow-poised-to-drop-by-more-than-100-points-2018-03-22
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Who knew a lawyer could tank the stock market like that. Amazing.

PolishHeadlock said:
The US has been trying to get into Africa as well. It's supposed to be the next boon.

We had different approaches though. I believe the US was working on a version of TPP for trade with African nations to promote stability and protect American Investors so they would put money in there.

https://www.brookings.edu/testimoni...tes-africa-trade-and-investment-relationship/
Click to expand...

The US has an interest in Africa for one reason. Security. If investment and trade allow security and US presence in Africa grow then it’s fine.
 
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