Trump's screwed logic on trade deficit

  Why did the Americans chalk up more trade deficits against so many countries, especially China, Asean countries and its two immediate neighbours? The answer is simple, they buy more, consume more and the consumers are very happy with what they are buying.

But Trump is angry that the Americans are buying more and accused others of unfair trading. How illogical is this clown?

The very reason why the Americans are buying more is because they need or want to have the goods and products. And they are getting their money's worth as the goods and products are value for money. If they don't need them, if the products are not value for money, they would not be buying them. No one is forcing them to buy.

The Americans have the whole world to buy from and would only buy from whoever can sell the best products they want or need at the best price. The American consumers are the happy customers. If they don't buy from sellers that can sell them good products at the lowest price, then they would have to buy from sellers with not so good products and at higher prices.

So, are the issues raised by clown Trump valid? And don't forget, the Americans did not lose anything except a few pieces of Monopoly money, cheap papers. The American consumers would suffer if they cannot buy from these countries that have trade surpluses from America. Their useless Monopoly money would really become useless. And now with clown Trump imposing higher tariffs, the American consumers are buying the same goods and products at higher prices. 

Who is the big winner in this tariff farce? Who are the big losers? Clown Trump is not bullying the sellers. He is cheating the American consumers, making them pay more taxes on what they need and want to buy. Trump just collect more taxes from the American people for his own agenda and ego.

Would the affected countries buy more from America if they can buy cheaper from other sources to balance America's trade deficit? Many American children would not have the toys they want for Christmas. Many American farmers and ranchers are crying, bankrupted by Trump or facing bankruptcy.

Scott Bessent - He is the best Trump and Soros found?

 Off topic but I was amused that Scott Bessant found the question of 'who is paying the tariffs' to be a very complicated question to answer when cornered by a congressman. That he even said that to a congressman is a no brainer. As someone who is supposed to be a highly touted hedge fund manager, this is nothing more than a bald face liar trying to lie through his teeth, knowing he cannot tell the congressman that USA consumers are actually paying those tariffs, not manufacturers in China or elsewhere.

Now, when a buyer enters a shop to buy something, who pays for the things he bought when you asked him? How complicated is it to answer the question. Scott Bessant's facial expression when confronted with this question is always clownish and finding difficulty dealing with it. He smiled uncomfortably, stammers when unable to answer the question directly and truthfully and tried to wriggle his way out with nonsensical noises like an animal caught in a trap. How he lied his way through is fun to watch. One congressman even told him straight in the face that he is not just brought in sitting there to lie.

Scott Bessent is nearing the end of his tethers. The tariff con that exporters from other countries have to eat those tariffs have been put to rest with USA consumers now finding out the escalating prices at retail outlets. Not only that, but other sectors like agriculture are caught in the tailspin of those tariff war and farmers regretting throwing their support behind Trump to get him elected. But it is too late to regret for that.

Now we are seeing that retaliation is even affecting the chips sector, with China telling its industry players to avoid using USA made chips. Slowly, Trump is killing what he was supposed to protect and still thinking he has cards left to play. No Donnie, the game is over, and the cards are not in your hands to deal.

China is slowly seeking out all the weak spots in the USA armor to attack when the time is ripe and when it is in a position to launch those attacks. Time is on China's side. After all China goes for long term planning and is well known for that. After clearing the hurdles to overcome the chips alliance with its own self-made chips, China is ready for the next stage of its retaliation in the technology war.

Anonymous

Arrogance of Washington clowns

The lesson the USA has not admitted so far is that it has fallen into its own trap that it laid for China. The USA had for all intents and purpose tailored its foreign policies towards taking down countries that it deems a threat to its superpower status. China is the current priority for the USA as a peer competitor in all areas.

But the USA forgot one thing. It is not at all prepared to do what it wanted to do, as taking down China is different from taking down Japan or Germany. One has cornered all the resources necessary to engage in a conflict that cannot be avoided while the other just ignored all the need to know its enemy's strength, arrogantly thinking that confronting China is a piece of cake.

Making matters worse was pushing Russia into the orbit of China that makes the problem of tackling China even harder. Two against one is a different kettle of fish for the USA to comprehend. That is why trying to split the two is also on the agenda of the USA and the Europeans.

China now controls rare earth resources, the one fundamental ingredient necessary for all weapons needed for war - airplanes, submarines, aircraft carriers, drones and missiles. Trying to make up for its rare earth scarcity is a tad too late for the USA.

It is actually a misnomer to say that rare earth minerals are rare. It is very common cheap rock found all over the world. It is the refining logistics that is the defining domination of who controls rare earth and China is undoubtedly the dominant player with almost 90% refining facilities.

As I like to say, China thinks long term and China works its way to make sure it gets to control what is important.


Anonymous

Alaska Summit - No deal is a deal

'No deal unless there is a deal'. What is Trump talking about? When China was talking to them in Switzerland and London, Trump was touting about a done deal, without him being there, and there was realistically never any deal. This man is something out of the extraordinary in his delusional thinking, boasting and behavior.

As expected, there was never going to be a deal in Alaska. Now, we will wait for Trump to hit Putin with 'serious consequences' that he threatened earlier, if he really dares to. Or should we again expect another 90 days reprieve for Russia, to be shrank to 10 -12 days again under pressure? TACO will do what he does best- chickening out once again and still boasting with cluck, cluck, cluck.

But Trump is already gloating about a 'nice productive' meet, whatever that means in Trump's terminology, when he has realistically failed to snatch a deal to end the conflict. Trump has no more runways left for his gloating with grand-sounding words like nice, great, big, beautiful, constructive and now productive all of which people are getting sick and tired of swallowing.

Putin is asking Trump to meet again in Moscow. Now, let us be honest. Meeting for another ten times is not going to achieve anything. Kim Jong Un knows it after two meetings with Trump. At best it is going to improve Trump's chances of hijacking the Nobel Peace Prize. This is what Trump is aiming for, nothing else.

There are very substantive issues that cannot be resolved, the main one is of the territories that Russia has captured, which is never going to be returned to Ukraine. After all the sacrifices, Putin is going to lose his credibility if he were to give them up.

Now, Putin is warning the Europeans in NATO not to try to 'torpedo' the meeting by resorting to sabotage of the effort made in Alaska, as they did at the start of the Ukraine War. Some people are calling this meeting in Alaska just another 'Minsk version 3' following two others that were never honored by NATO. Let us wait and see how the situation will evolve.

But let us be honest. No peace deal can be achieved within a four-party quartet having different agendas - Russia, USA, Ukraine and the EU. It is an exercise in futility with sides trying to antagonize each other, just perceptively playing a game.


Anonymous

Virgo's morning bread

Good morning All

The Cunning and Evil Americunts conned the Whole World especially the M.E. Arabs and Coloured Peoples of Asia and Latin America that their Cirrency which they printed out of thin air without any collerterals and backing of any resources and assets to be the World's Reserved Currency.

They just simply extorted commissions on the damn SWIFT banking system and on the Petrol $$$ without the need to work sweat.

Living off credits and with their extortions and bananas currency just simply build up their Mafia Gangsters Parasites Militaries to control the World.

Daft World been monitored and control by them by weaponsing on their Sanctions and threats on anyone that dared defiled and challenged them.

Even their BS what's billions dollars technologies and hype up stocks and shares that stupid imbeciles paid limbs and balls to buy them.

Their No value empty airs Bonds and Treasuries Notes etc.

Now Heavens decreed that they had this Dotard Donald Duck Quake Quake Tramp Trump to wake up the Whole World and send them and their Parasites Also White Barabians of the Anglo Saxons and the Euro Nuts to their DEMISE.

Karmas indeed



Virgo49