American Politics Thread: Trump Is The 47th President! - Foreign Affairs (5034) - Nairaland
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| Re: American Politics Thread: Trump Is The 47th President! by Maeve7: 9:34pm On Apr 09, 2025 |
Trump caved a little too late. He should have never started the nonsense in the first place. But he needed to try this experiment to finance his trillions dollar tax cut for the rich. I give it to him, he is the greatest con man the world has ever seen. He has made all these poor suckers believe he was actually fighting for them.
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| Re: American Politics Thread: Trump Is The 47th President! by Omofaye99: 9:35pm On Apr 09, 2025 |
raumdeuter:I'm not against the idea of tackling offshoring, because it's indeed a valid issue that needs addressing. I am only critical of the method Trump employed, which involved imposing tariffs and engaging in trade wars. This approach led to retaliatory measures from other countries, straining international relations and ultimately jeopardizing the very local companies he aimed to protect. While it's necessary to address specific issues like offshoring, the approach matters. If a leader focus solely on quick fixes like tariffs, it can lead to broader economic pain, much like treating one symptom without considering the overall health of the body. |
| Re: American Politics Thread: Trump Is The 47th President! by Omofaye99: 9:41pm On Apr 09, 2025 |
bemeruca:Automation can indeed create some jobs, but it will also displaces many workers, leading to significant job losses. But Trumps method of addressing offshoring through tariffs was counterproductive. |
| Re: American Politics Thread: Trump Is The 47th President! by IjeBos(m): 9:46pm On Apr 09, 2025 |
Botragelad:Are you an Israeli citizen? |
| Re: American Politics Thread: Trump Is The 47th President! by descarado: 9:48pm On Apr 09, 2025*. Modified: 10:31pm On Apr 09, 2025 |
AmazonTopaz:China will not adapt to anything. China has tasted capitalism though it politically is a communist country. It is impossible for China to go back to full time communism. Whe you have tasted power, you do anything to stay there. I don't think any of you know Jack about chinese economy. As for Trump being a failed business man, you can show us yours even if you are still controlling thousands. Talk is cheap. China needed expansion into world economy to soar and that is what they have tasted and enjoying. Communism my foot. Go and read up chinese economy as of today, and were they stand, we can then have this conversation. I will tell you about chinese economy than American or British economy. I have been studying Chinese economy for years, both their languages and different cultures. Wonder why all of you are so pained. If America fail as its projected to if drastic measure is not taking, you all should enjoy it. Like I said before, empires rise and fall. America falling won't be the first empire to crumble. |
| Re: American Politics Thread: Trump Is The 47th President! by happney65: 9:49pm On Apr 09, 2025 |
JUST IN: US markets had their best day in more than 16 years after President Trump paused most new tariffs. They're still lower than when he announced his strategy last week. CNN That shows once again that it was all absolute rubbish. A deranged Man with little or no sense
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| Re: American Politics Thread: Trump Is The 47th President! by raumdeuter: 9:49pm On Apr 09, 2025*. Modified: 11:14pm On Apr 09, 2025 |
cococandy:This is why capitalism encourages competition so another Healthcare system can come and do what HCA is failing to do, win more people to their side and if HCA does not change, they die off And think of the number of people that HCA has saved their lives. They will rather have HCA than nothing whether for the jobs created or the people treated |
| Re: American Politics Thread: Trump Is The 47th President! by Ibime(m): 9:52pm On Apr 09, 2025 |
Interest rates on US bonds went from 3.9% to 4.5% in the last couple of days. 0.6% on $37 trillion debt is a lot of money, essentially another $222 bln in interest payments added to the ledger on an annual basis Donny had to watch the Bond market and fold. But the damage may be done. US bonds are a safe haven of last resort for the whole world. Like I said, USA is a money market. It's where the world likes to put their money given the uncertainty everywhere else in the world, and consistency and open markets are expected, not flipflopping and rent seeking.
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| Re: American Politics Thread: Trump Is The 47th President! by happney65: 9:53pm On Apr 09, 2025 |
IjeBos:They are waithing for their talking points from FoxNews Shior! |
| Re: American Politics Thread: Trump Is The 47th President! by descarado: 9:54pm On Apr 09, 2025 |
Maeve7:Go and read up rules of engagement in international trade. |
| Re: American Politics Thread: Trump Is The 47th President! by Botragelad: 9:58pm On Apr 09, 2025 |
IjeBos:Are you an Arab? |
| Re: American Politics Thread: Trump Is The 47th President! by feedthenation(m): 10:00pm On Apr 09, 2025 |
happney65:---When are those that voted and supported Felon 47 going to admit that he is a corrupt, incompetent, ignorant buffoon who still does not know how tariffs, the stock market, trade and inflation work--- He is a con-artist on the art of the deal---impose tariffs---slash trillions from the U.S. economy---cut off trade deals---surrender to market pressure and pause tariffs--- |
| Re: American Politics Thread: Trump Is The 47th President! by bemeruca: 10:01pm On Apr 09, 2025 |
Omofaye99:That's where regulatory policies and implementation comes in. So they have to look for a balance and bring back manufacturing |
| Re: American Politics Thread: Trump Is The 47th President! by descarado: 10:02pm On Apr 09, 2025 |
Read carefully from BBC few hours ago. Read with unbiased mind.............. Uk is even getting worried. Somebody said China will not feel it as its a communist country. Lol. A full-scale trade war with China and the US is in prospect after President Donald Trump imposed tariffs of more than 100% on Chinese goods imports. China has said it will "fight to the end" rather than capitulate to what it sees as US coercion, and will hike its own tariffs on American goods from 34% to 84% in response to the White House's latest move. What does this escalating trade conflict mean for the world economy? How much trade do they do? The trade in goods between the two economic powers added up to around $585bn (£429bn) last year. Though the US imported far more from China ($440bn) than China imported from America ($145bn). That left the US running a trade deficit with China - the difference between what it imports and exports - of $295bn in 2024. That's a considerable trade deficit, equivalent to around 1% of the US economy. But it's less than the $1tn figure that Trump has repeatedly claimed this week. Trump already imposed significant tariffs on China in his first term as president. Those tariffs were kept in place and added to by his successor Joe Biden. Together those trade barriers helped to bring the goods the US imported from China down from a 21% share of America's total imports in 2016 to 13% last year. So the US reliance on China for trade has diminished over the past decade. Yet analysts point out that some Chinese goods exports to the US have been re-routed through south-east Asian countries. Live updates on this story China is not backing down from Trump's tariff war. What next? Who are the tariff 'PANICANS' derided as 'weak and stupid' by Trump? For example, the Trump administration imposed 30% tariffs on Chinese imported solar panels in 2018. But the US Commerce Department presented evidence in 2023, external that Chinese solar panel manufacturers had shifted their assembly operations to states such as Malaysia, Thailand, Cambodia and Vietnam and then sent the finished products to the US from those countries, effectively evading the tariffs. The new "reciprocal" Trump tariffs imposed on those countries will therefore push up the US price of a wide range of goods ultimately originating in China. What do the US and China import from each other? In 2024, the biggest category of goods exports from the US to China were soybeans – primarily used to feed China's estimated 440 million pigs. The US also sent pharmaceuticals and petroleum to China. Going the other way, from China to the US, were large volumes of electronics, computers and toys. A large amount of batteries, which are vital for electric vehicles, were also exported. The biggest category of US imports from China is smartphones, accounting for 9% of the total. A large proportion of these smartphones are made in China for Apple, a US-based multinational. The US tariffs on China have been one of the main contributors to the decline in the market value of Apple in recent weeks, with its share price falling by 20% over the past month. All these imported items to the US from China were already set to become considerably more expensive for Americans due to the 20% tariff the Trump administration has already imposed on Beijing. Now the tariff has risen to 104%, the impact could be five times greater. And US imports into China will also go up in price due to China's retaliatory tariffs, ultimately hurting Chinese consumers in a similar way. But beyond tariffs, there are other ways for these two nations to attempt to damage each other through trade. 00:32 Media caption, Watch: China says it will 'fight to the end' in trade war China has a central role in refining many vital metals for industry, from copper and lithium to rare earths. Beijing could place obstacles in the way of these metals reaching the US. This is something it has already done in the case of two materials called germanium and gallium, which are used by the military in thermal imaging and radar. As for the US, it could attempt to tighten the technological blockade on China started by Joe Biden by making it harder for China to import the kind of advanced microchips – which are vital for applications like artificial intelligence – it still can't yet produce itself. Donald Trump's trade advisor, Peter Navarro, has suggested this week that the US could apply pressure on other countries, including Cambodia, Mexico and Vietnam, not to trade with China if they want to continue to exporting to the US. How might this affect other countries? The US and China together account for such a large share of the global economy, around 43% this year according to the International Monetary Fund. If they were to engage in an all-out trade war that slowed their growth down, or even pushed them into recession, that would likely harm other countries' economies in the form of slower global growth. Global investment would also likely suffer. There are other potential consequences. China is the world's biggest manufacturing nation and is producing far more than its population consumes domestically. It is already running an almost $1tn goods surplus – meaning it is exporting more goods to the rest of the world than it imports. And it is often producing those goods at below the true cost of production due to domestic subsidies and state financial support, like cheap loans, for favoured firms. Steel is an example of this. There is a risk that if such products were unable to enter the US, Chinese firms could seek to "dump" them abroad. While that could be beneficial for some consumers, it could also undercut producers in countries threatening jobs and wages. The lobby group UK Steel has warned of the danger of excess steel potentially being redirected to the UK market. The spillover impacts of an all-out China-US trade war would be felt globally, and most economists judge that the impact would be highly negative. An image showing the BBC Verify logo What do you want BBC Verify to investigate? |
| Re: American Politics Thread: Trump Is The 47th President! by descarado: 10:09pm On Apr 09, 2025 |
bemeruca:I am just reading now that even Biden continued from where Trump left with this tarrif thing during his first term. He didn't cancel any of the imposed tarrifs on some areas but added his own. Democrats didn't shout and scream. Today, they are screaming Have never seen hypocrites like these people The sky is indeed blue and white. I am done with these people |
| Re: American Politics Thread: Trump Is The 47th President! by raumdeuter: 10:09pm On Apr 09, 2025 |
Omofaye99:The previous presidents what have they done to tackle offshoring? You cant be mad at someone doing something when you did nothing |
| Re: American Politics Thread: Trump Is The 47th President! by Botragelad: 10:09pm On Apr 09, 2025 |
descarado:You wanna know the truth? Most people here, especially Democrats, have no clue about tariffs. They just talk because they hate Trump. They only care about policies if they like the person in charge. They hate Trump so much they won't even listen to learn. Everything Trump does is bad to them, no matter what. When you try to explain, they call you names and insult you. Trump isn't perfect, some things he does are good, some are bad. But some people don't even know what tariffs are. Better for them to just be quiet and wait for the results if they don't know what's going on. |
| Re: American Politics Thread: Trump Is The 47th President! by descarado: 10:11pm On Apr 09, 2025 |
The Biden administration kept the tariffs in place and added additional levies on Chinese goods such as electric vehicles and solar panels. How low can we go cos we hate somebody. Tuah |
| Re: American Politics Thread: Trump Is The 47th President! by descarado: 10:19pm On Apr 09, 2025 |
Botragelad:They don't know zilch about trade tarrif and it's horrible they are arguing blindly. Somebody gleefully said China is a Communist country so they will cushion the effect. I gave physical example with what I buy from America, use Nigeria as an example yet they all pretended they don't know what is going on. Even Biden continued from trump stopped. Most countries are dumping ground for China. Some of the good don't even meet international trade standardisation policy. They can manufacture something inside their toilet and export to countries just like that. Example Nigeria is their dumping ground. What they export to Nigeria, they can't use domestically cos there is no regulation by their govt or ours. They don't teach me inteenational economics. I will school them here with basic and simple economics so shame will catch them if they have any. Your country is on fire and you are looking for short term gain. Posting stock market this or that. As if the stock market are the real market an average American rely on to live. |
| Re: American Politics Thread: Trump Is The 47th President! by cococandy(f): 10:21pm On Apr 09, 2025 |
raumdeuter:Anyway tariffs paused. I guess American jobs stopped being a priority after 5 days. My head is spinning from the chaos and inconsistency. |
| Re: American Politics Thread: Trump Is The 47th President! by basilico: 10:29pm On Apr 09, 2025*. Modified: 5:47am On Apr 10, 2025 |
Maeve7:Do you realize he has pitted the whole world against the Chinese? He still gets 10% tarrifs from every country as they line up to negotiate for a deal within 90 days Meanwhile the Chinese order cancellations will start within hours. Lots of unhappy Chinese I guess especially those outside of China. |
| Re: American Politics Thread: Trump Is The 47th President! by ItooWorWor(m): 10:34pm On Apr 09, 2025 |
happney65:Ah! the brilliant pause from Orange man, 90 days its like taking a relaxing mud bath, only to find yourself rolling back in it shortly after.Meanwhile, it seems his cronies have had their fill of the stock market rollercoaster. |
| Re: American Politics Thread: Trump Is The 47th President! by feedthenation(m): 10:36pm On Apr 09, 2025 |
basilico:---Is this your next talking point---@bolded---thought Felon 47 Treasury Secretary Bessent said the US will punish any country which sides with China---after the Spanish PM commented that other countries should look towards China--- |
| Re: American Politics Thread: Trump Is The 47th President! by raumdeuter: 10:36pm On Apr 09, 2025 |
cococandy:American jobs will not come in 5 days, Its a 90 day pause to give room for negotiations before the resume while the country that flouts trade rules the most China still remains under the tariffs Now the world will notice that America can actually act and the do nothing Democrats are no longer in power |
| Re: American Politics Thread: Trump Is The 47th President! by basilico: 10:37pm On Apr 09, 2025 |
descarado:I want China fake products stopped, their takeover of every business is too much. Vuvuzelas are south African , the ones you buy are Chinese made |
| Re: American Politics Thread: Trump Is The 47th President! by descarado: 10:38pm On Apr 09, 2025 |
basilico:Read extract from the BBC article I pasted up there and see that the Brits are already complaining and trying to distance themselves away. The world will just wake up to see China as who they are. In uk, we have primak. Their goods are made in Cambodia and some of those smaller countries. I was debating with somebody that it is the voice of esau but the hand of Jacob. They evade tarrif by going through slither country they can muscle. China man is a horrible capitalist. They tasted economic freedom and the sky isn't their limit anymore. And when they render help to you as a country, the collateral is your port. Do the math. |
| Re: American Politics Thread: Trump Is The 47th President! by basilico: 10:40pm On Apr 09, 2025 |
feedthenation:I'd posted earlier that EU was in coordination with China on how to react to the Trump tariffs . I don't see that effort going anywhere . |
| Re: American Politics Thread: Trump Is The 47th President! by descarado: 10:45pm On Apr 09, 2025 |
basilico:My colleague one day jokingly said what is remaining is to learn Chinese language here. We all laughed but we got the message. They can only stop fake if you start taxing them. China is under developing countries protective act on trade. Wonder what they are still doing there. Remove them from there and they should join developed countries so their tarrif will increase more. Don't know why world leaders allowed them to deceive them till now. |
| Re: American Politics Thread: Trump Is The 47th President! by basilico: 10:46pm On Apr 09, 2025 |
descarado:I've been writing here about how China game plan is not just lift 600 million from poverty It's to take over as the superpower, a carefully crafted long term game plan They bought out the Bidens , Hollywood and NBA makes a lot of money from China too. Then you have democrats who hate America, would rather everyone is on a government handouts Hungry people depending on govt are a reliable voting block |
| Re: American Politics Thread: Trump Is The 47th President! by happney65: 10:50pm On Apr 09, 2025 |
ItooWorWor: ![]() |
| Re: American Politics Thread: Trump Is The 47th President! by descarado: 10:56pm On Apr 09, 2025 |
basilico:Some people here know the drill but their problem is that the one championing it is the orange man. Democrats really really hate America cos this should be a welcoming and exciting news that your president is fighting for u. They have reduced America to laughing stock. I watch lots of chinese cooking channels from some families. They talk. Chinese economic explosion wasn't that far. Chinese one family one child policy was cos of poverty under communism. As soon as they experienced capitalism, they relaxed that draconian law. They eat lots of plant protein cos they cannot afford meat. Meat was luxury. And they want them to go back to that? It's like north Korea, the day they will see the light, no going back. |
| Re: American Politics Thread: Trump Is The 47th President! by cococandy(f): 10:58pm On Apr 09, 2025 |
After 90 days he’ll give you another excuse why it won’t happen. Meanwhile he’s crashed the market and cost millions their retirement. While him and his billionaire cronies make away like bandits. Sure. The world noticed that America can act indecisively and chaotically under a man child president Whatever you have to tell yourselves to come to terms with your support for this wild circus in the white house is fine by me. I ain’t gon hold ya. raumdeuter: |
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its like taking a relaxing mud bath, only to find yourself rolling back in it shortly after.