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Trump's Trade War

F250

By F250
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Ted Lange
Ted Lange

Now let’s imagine a world where China decides to dump several hundreds of millions of dollars into a campaign to elect a democrat.  And that Democrat openly screams for Beijing’s support.  And uses in

Mojo Hand
Mojo Hand

Looks like Elkhart County went for Trump 64-32 over Hillary in 2016, so fuck 'em.  Enjoy the tariffs you voted for! 

Chooky
Chooky

Apparently China didn't heed the stark example of what happens to those in a battle of financial wit between Donald Trump and Dennis Rodman. Ask Clint Black or Gene Simmons what happens. Go ahead and

DefinitelyNotHollywoodColt

DefinitelyNotHollywoodColt 12301

Posted
Posted
28 minutes ago, Jack Straw said:

of course not, he’ll blame others for his own complete and utter failures, just like Trump and every other Republican on the face of the earth 

I know...I laughed typing that out and thinking about that coward trying to muster the courage to admit he’s a Texags dolt.

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Mojo Hand

Mojo Hand 4580

Posted
Posted
10 minutes ago, Fudge Nuggets said:

More peace around the globe than almost any other time.

Budget surplus.

Booming economy.

Then.......

74689_max.jpg

Even his ISIS strategy was essentially doing nothing and letting the Obama response reach the conclusion to which it was already heading.   And now ISIS is growing again. 

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horn4life

horn4life 3838

Posted
Posted

When Barron's is explaining how dumb you are as a Republican President you know it's bad.  Figured I'd give this a bump before the markets retreat Monday on the news that Mnuchin and Kudlow both stated the President could indeed order US businesses not to do business with China via his "emergency powers."  The Barron's article already needs revision because it states that thre is not much the President can do about his "twitter order" and today the top financial cabinet level advisors state that the President absolutely has the powers to tell US businesses who they can invest with, trade with, and do business with.

The Dow Plunged 623 Points Because Trump Spooked the Market Right After Powell Soothed It

Uncertainty is the enemy of investment and long term investment/ decision making, because how the fuck can you make a decision... with Trump and twitter?  I am curious to see how the markets react to the knowledge that unless they comply to the dear leaders musings, the dear leader does indeed have the ability to destroy their business models.

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Brisketexan

Brisketexan 106888

Posted
Posted
Is this the “picking winners and losers” bit the Republicans used to screech about when Obama was president?

No, it’s totally different. See, when a black guy does it, he’s both in over his head and a socialist. When a white guy does it, he’s making America great again.
I thought you got that memo?
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Fudge Nuggets

Fudge Nuggets 19453

Posted
Posted
15 hours ago, horn4life said:

When Barron's is explaining how dumb you are as a Republican President you know it's bad.  Figured I'd give this a bump before the markets retreat Monday on the news that Mnuchin and Kudlow both stated the President could indeed order US businesses not to do business with China via his "emergency powers."  The Barron's article already needs revision because it states that thre is not much the President can do about his "twitter order" and today the top financial cabinet level advisors state that the President absolutely has the powers to tell US businesses who they can invest with, trade with, and do business with.

The Dow Plunged 623 Points Because Trump Spooked the Market Right After Powell Soothed It

Uncertainty is the enemy of investment and long term investment/ decision making, because how the fuck can you make a decision... with Trump and twitter?  I am curious to see how the markets react to the knowledge that unless they comply to the dear leaders musings, the dear leader does indeed have the ability to destroy their business models.

The easy fix is for all the businesses to respond the same way administration officials respond to House subpoenas... ignore dotard’s stupid ass rules.

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Nice Guy Eddie

Nice Guy Eddie 13729

Posted
Posted (edited)

Trumps gonna start to lose some suburban men when they fully realize how much their 401ks have dropped. They won’t care how much the balance has risen under trump but rather how much it’s dropped over a past quarter or so. 

over the past decade, the average 401k saver has become conditioned to continued growth. Dropping 5, 15, 25 or whatever percent isn’t going to play well in The Woodlands. Perhaps it won’t get them to vote for Warren but it could keep some of them home on Election Day. The Texas GOP needs suburban men in large counties to run up the score too offset urban counties.

Edited by Nice Guy Eddie
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wildcat09

wildcat09 29579

Posted
Posted
2 hours ago, Nice Guy Eddie said:

Trumps gonna start to lose some suburban men when they fully realize how much their 401ks have dropped. They won’t care how much the balance has risen under trump but rather how much it’s dropped over a past quarter or so. 

over the past decade, the average 401k saver has become conditioned to continued growth. Dropping 5, 15, 25 or whatever percent isn’t going to play well in The Woodlands. Perhaps it won’t get them to vote for Warren but it could keep some of them home on Election Day. The Texas GOP needs suburban men in large counties to run up the score too offset urban counties.

No he won’t, suburban men are his base.

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horn4life

horn4life 3838

Posted
Posted

You know it's bad when the President of the United States PRETENDS he received from China at the G7.  I guess the national will only be in trouble to Republican when it's clear that their policies have moved the car far enough into the ditch that they are certain they are going to lose their offices.  It still blows my mind, that the President felt so weak he felt he needed to make something up to pretend he was making some sort of progress on his trade war with China. Trump is scared shitless, and all he can do now to save himself is make a shitty deal and proclaim it a great deal... and farmers will go bankrupt in greater and greater numbers the next few years in the Midwest as a direct result of this dumbassery.

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triplehorn

triplehorn 2664

Posted
Posted
1 hour ago, F250 said:

Most laughed at the joke. The farmers still think everything is going to work out.

 

"It is also unclear from the tape how widespread the boos were."

...wait for it.  The guy laughing into the mic who told the tone deaf joke sure thought it was table-slapping funny.

 

and on a more serious note:

NORTH DAKOTA FARMER SAYS IF TRUMP 'DOESN'T LOSE 100 PERCENT' OF HIS FARM-BELT SUPPORT OVER TRADE WAR 'PEOPLE ARE KIND OF CRAZY

-- Donald Trump's trade war with China is hemorrhaging support from his rural base which helped put him into the White House, farmers hit financially by his policies have warned.

Last week, the National Farmers Union said that Trump was making things "worse, not better" by escalating tariffs on China, adding in a statement that, ″instead of looking to solve existing problems in our agricultural sector, this administration has just created new ones."

Bob Kuylen, a wheat and sunflower farmer from South Heart, North Dakota, says he has endured a tough time since Trump came into office, including losses of up to $400,000.

He told CNN that he had sold a lot of grain last year at harvest for $5.70 a bushel, which was already at a loss, but since then the market has slumped to only $3.96 a bushel locally.

A farmer of 40 years' standing, Kuylen did not vote for Trump in the last election. He said that those in the farm-belt who did back Trump in 2016 would be foolish to do so in 2020.

"If he doesn't lose 100 percent of it from the farm belt then people are kind of crazy because this is not going well for farmers at all," he told CNN host Don Lemon (via Grabien.)

"I mean, some of them are trying to be faithful, they made that decision and voted for him but I would have to say in the back of their minds they are just not very happy right now."

He criticized Trump for "taking all our markets away from us" and that "it's kind of like telling all of America to throw away all it its 401(k) [plans]."

Even if normal trade resumed tomorrow, "it is going to take a lot of years to get our markets back," he added.

Last week, Blake Hurst, a soybean farmer and president of the Missouri Farm Bureau said that farmers are "willing to be patient" on the trade spat because they "don't like the way China acts in international markets."

However, he told Yahoo Finance that for many in the industry with a "more leveraged balance sheet, a lot of that patience is beginning to go away. So I think there's going to be some challenges for the Trump administration come election time if we don't see a turnaround in these trade markets."

Earlier in August, Ohio soybean farmer Christopher Gribbs said the trade spat meant he would not vote for Trump again. He told CNBC: "I was a Trump voter. I voted for the president but he certainly hasn't come through. He has lost on trade."

 

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SuingToGetAMessageBoard?

SuingToGetAMessageBoard? 3871

Posted
Posted
6 minutes ago, triplehorn said:

"It is also unclear from the tape how widespread the boos were."

...wait for it.  The guy laughing into the mic who told the tone deaf joke sure thought it was table-slapping funny.

 

and on a more serious note:

NORTH DAKOTA FARMER SAYS IF TRUMP 'DOESN'T LOSE 100 PERCENT' OF HIS FARM-BELT SUPPORT OVER TRADE WAR 'PEOPLE ARE KIND OF CRAZY

-- Donald Trump's trade war with China is hemorrhaging support from his rural base which helped put him into the White House, farmers hit financially by his policies have warned.

Last week, the National Farmers Union said that Trump was making things "worse, not better" by escalating tariffs on China, adding in a statement that, ″instead of looking to solve existing problems in our agricultural sector, this administration has just created new ones."

Bob Kuylen, a wheat and sunflower farmer from South Heart, North Dakota, says he has endured a tough time since Trump came into office, including losses of up to $400,000.

He told CNN that he had sold a lot of grain last year at harvest for $5.70 a bushel, which was already at a loss, but since then the market has slumped to only $3.96 a bushel locally.

A farmer of 40 years' standing, Kuylen did not vote for Trump in the last election. He said that those in the farm-belt who did back Trump in 2016 would be foolish to do so in 2020.

"If he doesn't lose 100 percent of it from the farm belt then people are kind of crazy because this is not going well for farmers at all," he told CNN host Don Lemon (via Grabien.)

"I mean, some of them are trying to be faithful, they made that decision and voted for him but I would have to say in the back of their minds they are just not very happy right now."

He criticized Trump for "taking all our markets away from us" and that "it's kind of like telling all of America to throw away all it its 401(k) [plans]."

Even if normal trade resumed tomorrow, "it is going to take a lot of years to get our markets back," he added.

Last week, Blake Hurst, a soybean farmer and president of the Missouri Farm Bureau said that farmers are "willing to be patient" on the trade spat because they "don't like the way China acts in international markets."

However, he told Yahoo Finance that for many in the industry with a "more leveraged balance sheet, a lot of that patience is beginning to go away. So I think there's going to be some challenges for the Trump administration come election time if we don't see a turnaround in these trade markets."

Earlier in August, Ohio soybean farmer Christopher Gribbs said the trade spat meant he would not vote for Trump again. He told CNBC: "I was a Trump voter. I voted for the president but he certainly hasn't come through. He has lost on trade."

 

that's going to translate into about 5 changed votes.

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Brisketexan

Brisketexan 106888

Posted
Posted
8 minutes ago, SuingToGetAMessageBoard? said:

that's going to translate into about 5 changed votes.

Your estimate looks to be correct.... plus or minus 5 votes.

They ain't budging.  They committed to a cult. To change your vote is to admit you are wrong.  And humans really hate to admit they were wrong.  An insignificant number of votes will change.  The remainder will rationalize that it's really the fault of the Dems, and probably all those illegals.

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Asithappens

Asithappens 978

Posted
Posted
15 minutes ago, triplehorn said:

"It is also unclear from the tape how widespread the boos were."

...wait for it.  The guy laughing into the mic who told the tone deaf joke sure thought it was table-slapping funny.

 

and on a more serious note:

NORTH DAKOTA FARMER SAYS IF TRUMP 'DOESN'T LOSE 100 PERCENT' OF HIS FARM-BELT SUPPORT OVER TRADE WAR 'PEOPLE ARE KIND OF CRAZY

-- Donald Trump's trade war with China is hemorrhaging support from his rural base which helped put him into the White House, farmers hit financially by his policies have warned.

Last week, the National Farmers Union said that Trump was making things "worse, not better" by escalating tariffs on China, adding in a statement that, ″instead of looking to solve existing problems in our agricultural sector, this administration has just created new ones."

Bob Kuylen, a wheat and sunflower farmer from South Heart, North Dakota, says he has endured a tough time since Trump came into office, including losses of up to $400,000.

He told CNN that he had sold a lot of grain last year at harvest for $5.70 a bushel, which was already at a loss, but since then the market has slumped to only $3.96 a bushel locally.

A farmer of 40 years' standing, Kuylen did not vote for Trump in the last election. He said that those in the farm-belt who did back Trump in 2016 would be foolish to do so in 2020.

"If he doesn't lose 100 percent of it from the farm belt then people are kind of crazy because this is not going well for farmers at all," he told CNN host Don Lemon (via Grabien.)

"I mean, some of them are trying to be faithful, they made that decision and voted for him but I would have to say in the back of their minds they are just not very happy right now."

He criticized Trump for "taking all our markets away from us" and that "it's kind of like telling all of America to throw away all it its 401(k) [plans]."

Even if normal trade resumed tomorrow, "it is going to take a lot of years to get our markets back," he added.

Last week, Blake Hurst, a soybean farmer and president of the Missouri Farm Bureau said that farmers are "willing to be patient" on the trade spat because they "don't like the way China acts in international markets."

However, he told Yahoo Finance that for many in the industry with a "more leveraged balance sheet, a lot of that patience is beginning to go away. So I think there's going to be some challenges for the Trump administration come election time if we don't see a turnaround in these trade markets."

Earlier in August, Ohio soybean farmer Christopher Gribbs said the trade spat meant he would not vote for Trump again. He told CNBC: "I was a Trump voter. I voted for the president but he certainly hasn't come through. He has lost on trade."

 

And on another serious note: fuck those farmers. 

They knew, or should have known, of this shit storm.

Hey dumbfucks, you reap what you sow. 

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ChiTownDoc

ChiTownDoc 21345

Posted
Posted
5 minutes ago, Asithappens said:

And on another serious note: fuck those farmers. 

They knew, or should have known, of this shit storm.

Hey dumbfucks, you reap what you sow. 

This is right on brand for the R party.  It's a party for the wealthy.  They've lived on for decades by getting voters to vote against their own interests.  Poor blue collar folks vote for the uber wealthy (and against their own wallets) constantly to 'save babies'.  Same song, different verse.  These people want and even need to be fucked over.  Enjoy, assholes. 

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Brisketexan

Brisketexan 106888

Posted
Posted
29 minutes ago, Biff Tannen said:

At best they will think "well, it's bad now, but with Dems it would be even WORSE".  I don't know of a way to combat that.

There isn't a way to combat it.

The reality of the GOP is horrific.  So, they've convinced themselves that the fantasy of what the Democrats WOULD do is even worse.  It's the only way for them to stay sane.

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retread

retread 2951

Posted
Posted
1 hour ago, Brisketexan said:

Your estimate looks to be correct.... plus or minus 5 votes.

They ain't budging.  They committed to a cult. To change your vote is to admit you are wrong.  And humans really hate to admit they were wrong.  An insignificant number of votes will change.  The remainder will rationalize that it's really the fault of the Dems, and probably all those illegals.

China's been screwing the US over for decades, and we had to pull the bandaid off at some point. I sure don't trust the Ds to do that. I'm sticking with Trump.

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YChang

YChang 3569

Posted
Posted
China's been screwing the US over for decades, and we had to pull the bandaid off at some point. I sure don't trust the Ds to do that. I'm sticking with Trump.


Is my sarcasm meter off? What’s happening right now went from pulling the bandaid off to oops, didn’t mean to cut an artery there pal.
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JimmyJames

JimmyJames 12271

Posted
Posted

I mean didn’t trump take on the NFL with his USFL lawsuit venture? How did that one turn out? Didn’t he win a dollar with some interest tacked on?

I hear that people are saying that trump ran some casinos too. Hard to lose money with a casino right? How did that one turn out? 

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Asithappens

Asithappens 978

Posted
Posted
32 minutes ago, retread said:

China's been screwing the US over for decades, and we had to pull the bandaid off at some point. I sure don't trust the Ds to do that. I'm sticking with Trump.

L O Effing L.

You stick with Trump, pal. 

Now get your ass where you belong, the aggy board.

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WhatTheBuck

WhatTheBuck 28928

Posted
Posted
57 minutes ago, Brisketexan said:

There isn't a way to combat it.

The reality of the GOP is horrific.  So, they've convinced themselves that the fantasy of what the Democrats WOULD do is even worse.  It's the only way for them to stay sane.

What mystifies me is how they can't see that all the horror stories they were told about what would happen if Barack Hussein Obama won the presidency turned out to be wrong. 

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TwiceHorn

TwiceHorn 32076

Posted
Posted
11 minutes ago, retread said:

What a Patriot Farmer would say. Sarcasm.

It's classic Trump, though.  Take a tiny particle of truth -- "China has been screwing us over" -- and use that particle to do the stupidest, most preposterous thing anyone can think of that can be connected to that truth in the most gossamer, attenuated way.

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TornACL

TornACL 7792

Posted
Posted
18 minutes ago, TwiceHorn said:

It's classic Trump, though.  Take a tiny particle of truth -- "China has been screwing us over" -- and use that particle to do the stupidest, most preposterous thing anyone can think of that can be connected to that truth in the most gossamer, attenuated way.

Trump's approach to China is like burning your house to the ground because it needs some energy efficient windows installed. 

Yes, technically one could argue that you're at least addressing the problem. Unfortunately, you're doing so in the stupidest way possible. 

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Irwin F Fletcher

Irwin F Fletcher 3555

Posted
Posted
And on another serious note: fuck those farmers. 

They knew, or should have known, of this shit storm.

Hey dumbfucks, you reap what you sow. 

Right now they're sowing soybeans and wheat at a loss. Next year will probably be even worse. If that doesn't influence some to either stay home or switch their vote they deserve anything that comes their way financially.

 

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triplehorn

triplehorn 2664

Posted
Posted
2 hours ago, Brisketexan said:

There isn't a way to combat it.

The reality of the GOP is horrific.  So, they've convinced themselves that the fantasy of what the Democrats WOULD do is even worse.  It's the only way for them to stay sane.

 

23 minutes ago, Irwin F Fletcher said:

Right now they're sowing soybeans and wheat at a loss. Next year will probably be even worse. If that doesn't influence some to either stay home or switch their vote they deserve anything that comes their way financially.

 

Wonder how many in the audience of those laughing at the joke about farmers in the "whine cellar" are receiving some of Trump's $16 Billion for casualties of his tariffs ?

And this quote from the article I linked:

Quote

"I mean, some of them are trying to be faithful, they made that decision and voted for him but I would have to say in the back of their minds they are just not very happy right now."

He criticized Trump for "taking all our markets away from us" and that "it's kind of like telling all of America to throw away all it its 401(k) [plans]."

Even if normal trade resumed tomorrow, "it is going to take a lot of years to get our markets back," he added.

 

This looks like a Trump setup to manufacture and capture a welfare state farm vote.  Use ill-conceived tariffs to fork over markets of your domestic farmers to Vlad's farmers, use tax dollars to help them keep the lights on,  then plant the threat that their government sustenance will disappear if Trump loses.  Never mind that Vlad won't be giving their markets back when Trump fucks them anyway.

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