Fantasy Football - Footballguys Forums
timschochet

TRADE WAR discussion thread UPDATE:: Trump claims there is a secret, additional part of the agreement with Mexico, but Mexico denies it.

Recommended Posts

9 hours ago, Gopher State said:

Well we know he wont ever admit he made a mistake.  I rather do business with Canada and Mexico then China.  

We need to business with Canada, Mexico and China.  Can’t ignore the needs of over a billion people and the world’s second largest economy. 

Share this post


Link to post
Share on other sites
3 hours ago, Gopher State said:

Trump reached an agreement with Japan to end restrictions on America beef exports to Japan.  It is expected to increase beef sales to Japan by about 200 million per year.  Finally some good news for our farmers.

The livestock industry has been doing quite well except for the dairy industry. Crop farmers are the ones getting killed.

Share this post


Link to post
Share on other sites
2 hours ago, lazyike said:

The livestock industry has been doing quite well except for the dairy industry. Crop farmers are the ones getting killed.

Pork producers are getting subsidies, even one owned by Brazilians: https://billingsgazette.com/brazilian-company-received-m-in-trump-bailout-cash-meant-for/article_247ca8ee-92ea-5629-9de2-d0c38e3760f6.html

 

Share this post


Link to post
Share on other sites
50 minutes ago, SoBeDad said:

https://www.nationalhogfarmer.com/marketing/export-demand-driving-hog-prices

In this you will see from March 1st to April 15th (2019) hog prices have risen an amazing  $30 a hundred weight.

The money pork producers were paid was a one time payment for lost export sales to China in 2018. Prices would even be higher because of the Chinese outbreak of African Swine fever however if not for reduced exports due to high tariffs.

 

Edited by lazyike

Share this post


Link to post
Share on other sites
10 hours ago, Slapdash said:

Did the same with Canada and Ireland too.

To be clear....this was something that Japan did.  They established the restriction and they also lifted it.  I am unaware of something similar with Ireland and Canada (unless you're talking about the steel tariffs, which he did finally lift)....different beast.

Share this post


Link to post
Share on other sites
6 hours ago, SoBeDad said:

and the Chinese....Smithfield was granted relief after the tariffs were put in place :crazy: 

Share this post


Link to post
Share on other sites
9 hours ago, lazyike said:

The livestock industry has been doing quite well except for the dairy industry. Crop farmers are the ones getting killed.

I agree 100 percent that grain farmers have been getting killled.  Trade wars are a big factor but GMO seeds, roundup chemicals, variable rate planters and other technologies have increased production of grain at an amazing rate, which has lead to overproduction, not a bad thing as we can feed the world.  But we need to look for new crops such as hemp to find new ways for our farmers to make money.  I have no problem paying our farmers subsidizes but let’s pay them to idle land which should cut back on production.  Don’t get me wrong i love our farmers!

Share this post


Link to post
Share on other sites
50 minutes ago, The Commish said:

To be clear....this was something that Japan did.  They established the restriction and they also lifted it.  I am unaware of something similar with Ireland and Canada (unless you're talking about the steel tariffs, which he did finally lift)....different beast.

Japan had similar restrictions on beef imports from those countries until yesterday too

Share this post


Link to post
Share on other sites
23 minutes ago, Slapdash said:

Japan had similar restrictions on beef imports from those countries until yesterday too

Ah. Gotcha. 

Share this post


Link to post
Share on other sites
40 minutes ago, Gopher State said:

I agree 100 percent that grain farmers have been getting killled.  Trade wars are a big factor but GMO seeds, roundup chemicals, variable rate planters and other technologies have increased production of grain at an amazing rate, which has lead to overproduction, not a bad thing as we can feed the world.  But we need to look for new crops such as hemp to find new ways for our farmers to make money.  I have no problem paying our farmers subsidizes but let’s pay them to idle land which should cut back on production.  Don’t get me wrong i love our farmers!

Pay farmers to not grow on their land. Like pay someone not to work. Are you a communist?

Share this post


Link to post
Share on other sites

A lot of reporting this morning that the farmers who have supported Trump in the past, and who are already being hurt by these tariffs, are standing by him anyhow. 

Nationalism, once unleashed, is very strong. It’s an emotional reaction and very difficult to defeat with logic. 

  • Sad 1

Share this post


Link to post
Share on other sites
6 minutes ago, The Commish said:

Baffling 

 

As I wrote, it’s emotional. And it’s strong. 

In a couple of books I read about the Civil War, some Charlestonians were asked why they supported for the Confederacy. These were immigrants who didn’t own any slaves and who thought slavery was stupid and wrong. Yet many of them fought and died for the Rebels. Some were asked why and the response was always the same: “this is my home and these people (the Confederate government) speaks up for me.” 

Share this post


Link to post
Share on other sites

I’ve got so much anxiety over this trade war.

This could cause a depression. 

Ford is laying off 10% of salaried workforce. New story out. 

Google Huawei story out over the weekend. 

Look at how the Great Depression started. 

Trump is playing Russian roulette with all our futures. 

  • Like 2

Share this post


Link to post
Share on other sites

#MAGA

MORGAN STANLEY: IF U.S.-CHINA DON'T AGREE TRADE DEAL AND U.S. IMPOSES 25% TARIFFS ON THE REMAINING $300 BILLION OF IMPORTS FROM CHINA, WE SEE THE GLOBAL ECONOMY HEADING TOWARDS RECESSION

  • Thinking 1

Share this post


Link to post
Share on other sites
27 minutes ago, NREC34 said:

I’ve got so much anxiety over this trade war.

This could cause a depression. 

Ford is laying off 10% of salaried workforce. New story out. 

Google Huawei story out over the weekend. 

Look at how the Great Depression started. 

Trump is playing Russian roulette with all our futures. 

Came in to post this.  Ford will cut 7,000 jobs by August.  900 this week.

  • Thanks 1

Share this post


Link to post
Share on other sites
1 minute ago, 2Squirrels1Nut said:

All liberal angry democrats probably.

Well, now they are.

  • Like 3
  • Thanks 3

Share this post


Link to post
Share on other sites
2 minutes ago, 2Squirrels1Nut said:

All liberal angry democrats probably.

Yep, all good conservatives who love their country would never complain about this administration destroying their livelihood. 

I'm looking at you farmer guy. 

  • Like 1
  • Thanks 2

Share this post


Link to post
Share on other sites
3 minutes ago, Henry Ford said:

Well, now they are.

I doubt it.  They'll still vote for him.

  • Like 2
  • Thanks 2

Share this post


Link to post
Share on other sites
1 minute ago, siffoin said:

I doubt it.  They'll still vote for him.

Oh, definitely.  I'm just saying from the perspective of the rest of Trump's base.

Share this post


Link to post
Share on other sites

I don't follow this as closely as maybe I should - but when Trump talks about all the money that China (wink, wink) are paying us in tarrifs, does he also including the expenses of bailing out farmers and other businesses?

 

Seems like the American consumer is getting it coming and going with this administration...

Share this post


Link to post
Share on other sites
3 minutes ago, Sinn Fein said:

I don't follow this as closely as maybe I should - but when Trump talks about all the money that China (wink, wink) are paying us in tarrifs, does he also including the expenses of bailing out farmers and other businesses?

 

Seems like the American consumer is getting it coming and going with this administration...

I haven't heard him come remotely close to saying anything like this, no.  But, he thinks China is writing us a check, so it's quite possible he doesn't really understand where the money comes from that the government uses to pay for things either.

Share this post


Link to post
Share on other sites

China talking about cutting off rare earth minerals. They supply about 80% to the USA.  

Share this post


Link to post
Share on other sites
On 5/20/2019 at 11:58 AM, The Z Machine said:

Obama saved the US auto industry only to have Trump kill it.

He really is the anti Obama.

Yeah what would we do without cash for clunkers, our savior. :lmao:

Share this post


Link to post
Share on other sites
4 hours ago, GoBirds said:

Yeah what would we do without cash for clunkers, our savior. :lmao:

Yeah, that's it.  I totally wasn't talking about the auto bailouts that saved both GM and Chrysler from liquidation.

  • Thanks 1

Share this post


Link to post
Share on other sites
On 5/20/2019 at 11:52 AM, Henry Ford said:

Came in to post this.  Ford will cut 7,000 jobs by August.  900 this week.

with analysts saying 23,000 more layoffs needed

Share this post


Link to post
Share on other sites

Mnuchin says he has spoken to the CFO of Walmart about what products they can source from countries other than China to mitigate impact of new tariffs on US consumers.

Gee, that sounds an awful like a centrally planned economic system to me. Good thing the GOP is trying to save us from "evil socialism."

  • Like 2
  • Laughing 2

Share this post


Link to post
Share on other sites
On ‎5‎/‎18‎/‎2019 at 7:13 AM, msommer said:

Pay farmers to not grow on their land. Like pay someone not to work. Are you a communist?

My country tis of thee

sweet land of subsidies

of thee I sing.

Share this post


Link to post
Share on other sites
7 minutes ago, Workhorse said:

Mnuchin says he has spoken to the CFO of Walmart about what products they can source from countries other than China to mitigate impact of new tariffs on US consumers.

Gee, that sounds an awful like a centrally planned economic system to me. Good thing the GOP is trying to save us from "evil socialism."

We must combat socialism by having the head of government economics and trade negotiate product acquisition and provide tax breaks for largest employers in the country.

  • Like 1

Share this post


Link to post
Share on other sites
15 minutes ago, Workhorse said:

Mnuchin says he has spoken to the CFO of Walmart about what products they can source from countries other than China to mitigate impact of new tariffs on US consumers.

Gee, that sounds an awful like a centrally planned economic system to me. Good thing the GOP is trying to save us from "evil socialism."

Wait, what?? I was told China paid the tariffs? What's this "impact on US consumers"?

Share this post


Link to post
Share on other sites
4 minutes ago, knowledge dropper said:

Some savior. Pontiac, Oldsmobile, Saturn, Mercury RIP. 

Damn shame Obama crashed the economy in '08.

Share this post


Link to post
Share on other sites
10 minutes ago, knowledge dropper said:
6 hours ago, GoBirds said:

Yeah what would we do without cash for clunkers, our savior. :lmao:

Some savior. Pontiac, Oldsmobile, Saturn, Mercury RIP. 

Oldsmobile was shut down in 2004. GM announced that Pontiac would be shut down in 2008.

Also, Mercury was owned by Ford, and Ford did not accept any money from the government.

Also, Donald Trump has made exactly ZERO attempts to bring back any of those brands. Some savior, huh?

  • Like 3
  • Thanks 2

Share this post


Link to post
Share on other sites
Just now, [scooter] said:

Oldsmobile was shut down in 2004. GM announced that Pontiac would be shut down in 2008.

Also, Mercury was owned by Ford, and Ford did not accept any money from the government.

Also, Donald Trump has made exactly ZERO attempts to bring back any of those brands. Some savior, huh?

I forgot about Hummer   

I wish I could still fly Continental, USair, Northwest, AirTran...

Under Obama’s watch we had a mass extinction of so many major brands and businesses. 

A big reason why we went the MAGA direction in 2016 and under Trump’s leadership our country is in the middle of a complete renaissance.  

Share this post


Link to post
Share on other sites
2 minutes ago, knowledge dropper said:
11 minutes ago, [scooter] said:

Oldsmobile was shut down in 2004. GM announced that Pontiac would be shut down in 2008.

Also, Mercury was owned by Ford, and Ford did not accept any money from the government.

Also, Donald Trump has made exactly ZERO attempts to bring back any of those brands. Some savior, huh?

I forgot about Hummer   

I wish I could still fly Continental, USair, Northwest, AirTran...

GM tried to sell Hummer in June 2008. The effort was a failure and the brand was discontinued.

Continential, US Air, Northwest and AirTran merged with United, American, Delta and Southwest. That's just beautiful capitalism at work.

(Also, all those airlines lost business in the 2000s because a Republican president failed to stop 9/11.)

Share this post


Link to post
Share on other sites

Also, "we had a mass extinction of businesses" is pretty much a complete contradiction of "we now have the best economy ever".

President Trump is proving that Obama was right when he got rid of all those extraneous brands. The economy is doing even better without them. Thanks Obama!

Share this post


Link to post
Share on other sites
3 minutes ago, [scooter] said:

Also, "we had a mass extinction of businesses" is pretty much a complete contradiction of "we now have the best economy ever".

President Trump is proving that Obama was right when he got rid of all those extraneous brands. The economy is doing even better without them. Thanks Obama!

Or what’s really happening:

The businessman we hired to fix this mess is making chicken salad out of chicken ****.  Small business is flourishing, start ups are blossoming, and major corporations are recovering due to an injection of capital from tax cuts and removal of onerous and business killing regulations.  

  • Like 1
  • Laughing 1

Share this post


Link to post
Share on other sites
2 minutes ago, knowledge dropper said:
9 minutes ago, [scooter] said:

Also, "we had a mass extinction of businesses" is pretty much a complete contradiction of "we now have the best economy ever".

President Trump is proving that Obama was right when he got rid of all those extraneous brands. The economy is doing even better without them. Thanks Obama!

Or what’s really happening:

The businessman we hired to fix this mess is making chicken salad out of chicken ****.  Small business is flourishing, start ups are blossoming, and major corporations are recovering due to an injection of capital from tax cuts and removal of onerous and business killing regulations.  

In other words, the economy is better off without all those businesses that Obama destroyed.

You're not helping your argument here.

  • Like 1

Share this post


Link to post
Share on other sites
4 minutes ago, [scooter] said:

In other words, the economy is better off without all those businesses that Obama destroyed.

You're not helping your argument here.

Not at all.  DESPITE Obama’s foibles our TRUMP is completely out kicking the coverage.  The death of so many airlines caused airfare to skyrocket.  

Share this post


Link to post
Share on other sites
9 minutes ago, knowledge dropper said:

Or what’s really happening:

The businessman we hired to fix this mess is making chicken salad out of chicken ****.  Small business is flourishing, start ups are blossoming, and major corporations are recovering due to an injection of capital from tax cuts and removal of onerous and business killing regulations.  

According to the Institute for Supply Management, the tax cuts and regulatory changes have had very little impact on capital decisions.

Among Manufacturers who reportedly planned to increase capital spends back in December 2018, only 4.4% cited regulatory reform as the reason and 7.4% cited tax cuts. Those who said they would cut back their capital spend, 17.6% cited uncertainty about trade policy as the reason for the planned cuts. All of this BEFORE the current trade war with China.

What Trump hath given, Trump hath also taken away.

  • Like 1
  • Thanks 1

Share this post


Link to post
Share on other sites
3 hours ago, knowledge dropper said:

Not at all.  DESPITE Obama’s foibles our TRUMP is completely out kicking the coverage.  The death of so many airlines caused airfare to skyrocket.  

So, wait. These airlines should have been given subsidies? Like in a socialist country?

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Recently Browsing   1 member