tdmickey3 Posted April 10 Posted April 10 On 10/04/2025 at 08:05, Guided Missile said: China begs: Expand On 10/04/2025 at 08:07, Guided Missile said: EU grovels: Expand On 10/04/2025 at 08:10, Guided Missile said: South Korea pleads: Expand On 10/04/2025 at 08:11, Guided Missile said: Taiwan bows: Expand On 10/04/2025 at 08:13, Guided Missile said: New Zealand lose the plot: Expand On 10/04/2025 at 08:14, Guided Missile said: The Art of the Deal. Expand On 10/04/2025 at 08:04, Guided Missile said: Mark Carney said Donald Trump’s U-turn on tariffs was a “welcome repreive” for the world economy. The Canadian prime minister said Ottowa would commence negotiations on a new economic and security relationship with the US immediately after its next election, which he called last month. Expand
badgerx16 Posted April 10 Posted April 10 On 10/04/2025 at 08:23, whelk said: Don’t dignify him with a response please. Let him go away Expand We all wish he would go away, as he has promised to do, but whenever he does still pop his head above the parapet it deserves to be walloped severely and his bullshit called out.
sadoldgit Posted April 10 Posted April 10 (edited) On 10/04/2025 at 08:14, Guided Missile said: The Art of the Deal. Expand You do know that Donald Ducks didn’t actually write it don’t you? Who would want to kiss his flabby orange ass (apart from GM)? https://www.theguardian.com/us-news/video/2025/apr/09/they-are-kissing-my-ass-trump-says-countries-are-pleading-to-negotiate-tariffs-video Japan selling bonds…the art of the deal working well there then. 😂 I remember a SWF sage telling us a while back that “socialism is dangerous”. If that is the case, what does it make capitalism under someone like Trump? Edited April 10 by sadoldgit Added text
badgerx16 Posted April 10 Posted April 10 (edited) Trump's main gripe seems to be that many countries are now better at protectionism than the US, which has historically been a protectionist economy. In his zeal to rebalance global trade he faces 2 major problems: (1) trade deals are complicated and take years to negotiate, and (2) such negotiations are 2-way affairs, rather than his "take my offer or fuck off" approach. Edited April 10 by badgerx16 1
sadoldgit Posted April 10 Posted April 10 Anyone know what the tariffs are imposed on Russia and North Korea? 1
badgerx16 Posted April 10 Posted April 10 On 10/04/2025 at 10:12, sadoldgit said: Anyone know what the tariffs are imposed on Russia and North Korea? Expand Same as on Somalia.
tdmickey3 Posted April 10 Posted April 10 On 10/04/2025 at 11:47, badgerx16 said: Same as on Somalia. Expand Same as island of Penguins ?
leesaint88 Posted April 10 Posted April 10 On 10/04/2025 at 10:12, sadoldgit said: Anyone know what the tariffs are imposed on Russia and North Korea? Expand Apparently because they are under sanctions and unable to export to the US, they weren't included in the list..
badgerx16 Posted April 10 Posted April 10 On 10/04/2025 at 12:30, tdmickey3 said: Same as island of Penguins ? Expand No, the penguins have to pay more. 1
badgerx16 Posted April 10 Posted April 10 (edited) Dow down 750 points on early trading today, S&P down 140, NASDAQ down 450.. Care to comment GM ? Edited April 10 by badgerx16
badgerx16 Posted April 10 Posted April 10 (edited) On 10/04/2025 at 13:11, leesaint88 said: Apparently because they are under sanctions and unable to export to the US, they weren't included in the list.. Expand US imports from Russia last year were over $3Bn, exports were over $500M. More likely no tariffs so as not to upset Putin during the so called "peace" talks. Edited April 10 by badgerx16 1
badgerx16 Posted April 10 Posted April 10 (edited) On 10/04/2025 at 13:48, badgerx16 said: Dow down 750 points on early trading today, S&P down 140, NASDAQ down 450.. Expand Still dropping. Which chapter of The Art of the Deal recommends crashing markets around the globe ? Edited April 10 by badgerx16
egg Posted April 10 Posted April 10 On 10/04/2025 at 14:31, badgerx16 said: Still dropping. Which chapter of The Art of the Deal recommends crashing markets around the globe ? Expand The market can't trust his volatility and unpredictability. Deals may help, but the US/Canada/Mexico had one of those and the market will know that they count for nothing. The markets will be on eggshells and further decline seems likely imo. 1
Whitey Grandad Posted April 10 Posted April 10 On 10/04/2025 at 09:00, badgerx16 said: We all wish he would go away, as he has promised to do, but whenever he does still pop his head above the parapet it deserves to be walloped severely and his bullshit called out. Expand “Whack-a-Mole” ?
Tamesaint Posted April 10 Posted April 10 On 10/04/2025 at 06:45, Guided Missile said: The benchmark S&P 500 had its third-best day since 1940, closing 9.5pc higher. Watch and learn. Expand ... And half of that gain lost today . I know that you GM are pretty thick. You went to a posh school that prides itself on academic excellence yet you ended up at Pompey Poly. Surely even you can see that you are writing nonsense in support of Trump. 1
egg Posted April 10 Posted April 10 On 10/04/2025 at 15:56, Tamesaint said: ... And half of that gain lost today . I know that you GM are pretty thick. You went to a posh school that prides itself on academic excellence yet you ended up at Pompey Poly. Surely even you can see that you are writing nonsense in support of Trump. Expand I'm assuming GM is on a wind up. That's the only credible explanation.
badgerx16 Posted April 10 Posted April 10 On 10/04/2025 at 15:57, egg said: I'm assuming GM is on a wine up. Expand More likely. 2
Tamesaint Posted April 10 Posted April 10 (edited) On 10/04/2025 at 15:59, badgerx16 said: More likely. Expand Definitely if you catch him in a pub looking for a fight before a match. 😁😁😁 Edited April 10 by Tamesaint 1
Gloucester Saint Posted April 10 Posted April 10 (edited) At the Bursledon windmill, John toasted Agform’s products being 10% more expensive in America all due to his hero. Then he drank, and drank, and drank, and drank… Edited April 10 by Gloucester Saint 2
whelk Posted April 10 Posted April 10 The reporters needs wind up Trump more by keep referring to ‘Capitulation Day’. ”Do you even own a backbone?” 2
badgerx16 Posted April 10 Posted April 10 Proof the basis and formula for the tariffs is bollocks; 1 1
spyinthesky Posted April 10 Posted April 10 I have spent an hour or so of my life which I will never get back watching the live broadcast of Trumps Cabinet meeting. It reminded me of what would be expected from a similar meeting in North Korea or in the bygone days of Royal Courts, full of sycophantic warblings from his appointed stooges. To be fair there seemed to be one or two ideas that seemed reasonable if the actual detail contained within the presentation was actually correct. As we know Trump makes up figures off the hoof. One which stuck in my mind was his claim, made more than once, that the USA had lost 90,000 car plants in recent years due to relocation of vehicle production away from the domestic market. If this was true and assuming the US domestic plants build around 10m vehicles a year, each plant would build an average of 111 vehicles a year. Mass production that aint!! 1 2
Danbert Posted April 10 Posted April 10 Former US treasury secretary Janet Yellen said Trump’s tariffs are “the worst self-inflicted wound that I have ever seen an administration impose on a well-functioning economy.” She accused the US president of having “taken a wrecking ball” to the American economy. All part of the plan, I'm sure 3
badgerx16 Posted April 10 Posted April 10 On 10/04/2025 at 18:45, spyinthesky said: I have spent an hour or so of my life which I will never get back watching the live broadcast of Trumps Cabinet meeting. It reminded me of what would be expected from a similar meeting in North Korea or in the bygone days of Royal Courts, full of sycophantic warblings from his appointed stooges. To be fair there seemed to be one or two ideas that seemed reasonable if the actual detail contained within the presentation was actually correct. As we know Trump makes up figures off the hoof. One which stuck in my mind was his claim, made more than once, that the USA had lost 90,000 car plants in recent years due to relocation of vehicle production away from the domestic market. If this was true and assuming the US domestic plants build around 10m vehicles a year, each plant would build an average of 111 vehicles a year. Mass production that aint!! Expand According to Wikipedia GM have 35 factories involved in the automotive industry in the US, Ford have 28, Stellantis ( Chrysler ) have 17. Even if you added in every factory, workshop, and garden shed, involved in component manufacturing, you probably couldn't get much beyond 1000. Trump is just making up random numbers to sound informed and impress his MAGA morons, ( and GM ). The bigger the number, the more impressive Trump feels. 3
skintsaint Posted April 10 Posted April 10 On 10/04/2025 at 19:04, Danbert said: All part of the plan, I'm sure Expand Pretty sure this was the plan, get his mates richer. 3
Whitey Grandad Posted April 10 Posted April 10 On 10/04/2025 at 19:43, badgerx16 said: Expand Absolutely tarrifying 2
Weston Super Saint Posted April 11 Posted April 11 How's he doing with ending the wars - weren't those deals oven ready? 2
whelk Posted April 11 Posted April 11 On 11/04/2025 at 05:26, Weston Super Saint said: How's he doing with ending the wars - weren't those deals oven ready? Expand I think he is just waiting for Mexico to make their final payment for the wall he built then he will get to it. 2
badgerx16 Posted April 11 Posted April 11 The Supreme Court has upheld the lower Court's order for the return of the man wrongly deported, rejecting the White House's appeal 9-0.
Danbert Posted April 11 Posted April 11 On 10/04/2025 at 08:14, Guided Missile said: The Art of the Deal. Expand I get that if you're a New York property developer the art of the deal lies in screwing people over and being a pushy bastard, but the thing about international trade is that you need positive relations with your closest trading partners because you have a mutually beneficial and important relationship which is made up of all sorts of dependencies. Threatening people just isn't going to work. 7
sadoldgit Posted April 11 Posted April 11 On 10/04/2025 at 13:11, leesaint88 said: Apparently because they are under sanctions and unable to export to the US, they weren't included in the list.. Expand That’s what I thought initially, but apparently they are still trading with Russia at a level significantly higher than a number of countries who have been hit with tariffs of 10% (at the start of the announcement of tariffs) so that argument doesn’t hold true. https://amp.dw.com/en/donald-trump-tariffs-russia-belarus-sanctions-imports-trade-goods/a-72150328
egg Posted April 11 Posted April 11 The Dollar is devalued, all part of the plan imo. https://www.bbc.co.uk/news/live/cn4jjw30d5qt?post=asset%3Aac49dbd6-6fe7-4f54-ab75-e309358df63d#post 1
badgerx16 Posted April 11 Posted April 11 In drawing up the formula for the tariffs, a random choice was made, as detailed in this from the New York Times; "The biggest is that the formula divides the result by two. Mr. Trump said this was chosen to be “kind,” essentially halving the calculated tariff rates. Of course, he could have chosen to divide by three or four to be more kind or not divide at all to be less kind. The full formula also multiplies the tariff rate by two other variables that we didn’t show above, meant to approximate the “price elasticity of import demand” and the “tariff pass-through to retail prices.” But the numbers the administration chose for those variables are 4 and 0.25, which cancel out (4 × 0.25 = 1) and have no effect on the final rate." The overall formula is lifted from a respected economics paper, but has made one significant change; in the original the values for "elasticity' and 'pass through' are, indeed, variable, but generally amount to something approaching 4 when multiplied together,meaning that the total calculation, ( tariff rate ), should come out at a quarter of what Trump's financial experts have published. They made an arbitrary decision to settle on 10%, regardless of a country's trade balance with the US, even where that balance is a surplus for the US, and manipulated the formula to lend some degree of credence to their decision. 2
badgerx16 Posted April 11 Posted April 11 Trump has signed an Executive Order removing a restriction on the water flow through shower heads, claiming that 2.5 gallons per minute is too slow - "It takes 15 minutes to get my hair wet when I'm in the shower". What he fails to tell is that 14 of those 15 minutes are trying to catch his 'hair' as it tries to flee the bathroom. 1 6
ecuk268 Posted April 12 Posted April 12 On 11/04/2025 at 19:10, badgerx16 said: Trump has signed an Executive Order removing a restriction on the water flow through shower heads, claiming that 2.5 gallons per minute is too slow - "It takes 15 minutes to get my hair wet when I'm in the shower". What he fails to tell is that 14 of those 15 minutes are trying to catch his 'hair' as it tries to flee the bathroom. Expand Isn't it glued on?
Holmes_and_Watson Posted April 12 Posted April 12 On 12/04/2025 at 09:43, ecuk268 said: Isn't it glued on? Expand The ASPCA put a stop to that.
CB Fry Posted April 12 Posted April 12 Aaaaaand he's bottled it on smartphones as well https://www.theguardian.com/us-news/2025/apr/12/trump-administration-smartphones-computers-china-tariffs?CMP=Share_AndroidApp_Other The art of the deal. 2
badgerx16 Posted April 12 Posted April 12 (edited) Trump has decided that smartphones, laptops,semi-conducters, solar panels, and other consumer electronics will be exempted from the tariffs. Chickened out. Edited April 12 by badgerx16 1
Gloucester Saint Posted April 12 Posted April 12 On 12/04/2025 at 14:58, badgerx16 said: Trump has decided that smartphones, laptops,semi-conducters, solar panels, and other consumer electronics will be exempted from the tariffs. Chickened out. Expand Where’s that piss head GM now? Probably at Fratton celebrating their late equaliser.
Lighthouse Posted April 12 Posted April 12 I’d love it if his exemptions became increasingly more specific as the week goes on. “Fake tan… blonde hair dye… errrr…. Golf clothing and equipment …. and errr… online pornography featuring Thai ladyboys.” 2 1
badgerx16 Posted Sunday at 13:54 Posted Sunday at 13:54 (edited) US envoy meets Putin on Friday to discuss the peace proposals, 2 days later Russia launches ballistic missiles into Sumy, killing at least 30. When will Trump grow a pair and accept he has to face Putin down with something more effective than nice words ? Edited Sunday at 13:54 by badgerx16 3
AlexLaw76 Posted Sunday at 14:57 Posted Sunday at 14:57 On 13/04/2025 at 13:54, badgerx16 said: US envoy meets Putin on Friday to discuss the peace proposals, 2 days later Russia launches ballistic missiles into Sumy, killing at least 30. When will Trump grow a pair and accept he has to face Putin down with something more effective than nice words ? Expand Why do the USA have to do anything with regards to Ukraine, over what they already are? 1
badgerx16 Posted Sunday at 15:04 Posted Sunday at 15:04 (edited) On 13/04/2025 at 14:57, AlexLaw76 said: Why do the USA have to do anything with regards to Ukraine, over what they already are? Expand Trump says he wants to stop the killing. To do that he is going to have to force Russia into real negotiations - after all, isn't Trump the King of the Deal ? Putin only pays credence to "strong" men. Trump has to do something to throw off the image of his being Putin's poodle. Until he does, Trump continues to look as if it is all posture and bluster. Edited Sunday at 15:07 by badgerx16 2
aintforever Posted Sunday at 15:19 Posted Sunday at 15:19 On 13/04/2025 at 14:57, AlexLaw76 said: Why do the USA have to do anything with regards to Ukraine, over what they already are? Expand Didn’t they agree to give Ukraine security as part of the Budapest Memorandum when Ukraine gave up their USSR nukes? 2
Gloucester Saint Posted Sunday at 17:31 Posted Sunday at 17:31 Trump’s latest clusterfuck in the planning https://www.bbc.co.uk/news/articles/cedyylj1v32o Not saying there aren’t issues with big pharma behaviour but along with the huge cuts to the top US medical schools by Doge with Musk not knowing what he was doing, this has repercussions for us all
Gloucester Saint Posted Sunday at 17:35 Posted Sunday at 17:35 On 13/04/2025 at 14:57, AlexLaw76 said: Why do the USA have to do anything with regards to Ukraine, over what they already are? Expand Tick tock, 100 days almost up. And that’s 99 more than he said he’d need https://apnews.com/article/trump-russia-ukraine-war-un-election-a78ecb843af452b8dda1d52d137ca893 1
badgerx16 Posted Sunday at 18:32 Posted Sunday at 18:32 On 13/04/2025 at 17:31, Gloucester Saint said: Trump’s latest clusterfuck in the planning https://www.bbc.co.uk/news/articles/cedyylj1v32o Not saying there aren’t issues with big pharma behaviour but along with the huge cuts to the top US medical schools by Doge with Musk not knowing what he was doing, this has repercussions for us all Expand Even if manufacturing moves to the US, prices will soar because there is no way Americans will work for the wages they pay in India or China. 4
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