Trump hails 'big progress' in Japan tariff talks

[Always in His Presence]

Trump hails 'big progress' in Japan tariff talks​

• Trump jumps in on preliminary talks with trade officials
• Japan one of the first countries to start tariff negotiations
• More than 75 countries seeking deals, Washington says
• Exchange rates not part of talks, Tokyo's negotiator says

 

[Fantine]

AIHP:
If Tariffs are bad for the economy, why do over 150 nations have tariffs against the US? Are they trying to ruin their economy.?

Of course not! They are trying to prevent the United States from ruining their economy by launching retaliatory tariffs. The other countries didn't start these trade wars, but they aren't going to accept the lies and grovel and beg.

They want to trade with countries led by grownups, and that doesn't seem to be an option here.

Japan should work cooperatively with other nations facing these tariffs and present a strong united front. They are a crowded island nation and don't have enough minerals to give away as tribute in order to get simple economic justice.

 

[Always in His Presence]

Of course not! They are trying to prevent the United States from ruining their economy by launching retaliatory tariffs. The other countries didn't start these trade wars, but they aren't going to accept the lies and grovel and beg.

They want to trade with countries led by grownups, and that doesn't seem to be an option here.

Japan should work cooperatively with other nations facing these tariffs and present a strong united front. They are a crowded island nation and don't have enough minerals to give away as tribute in order to get simple economic justice.

Unlike the radical left in the US - these countries want to work with Trump. They see the benefits and do not have the vitriolic detestation or manufactured outrage. Just like the 28 nations of the EU - they see how both sides can benefit.

Reason and logic are overcoming.

 

[Fantine]

Has it ever occurred to you that a president who, when not bragging that other countries are coming begging to "kiss a certain part of his anatomy" (his words, not mine) is trying to force them to give him mineral rights far exceeding any potential economic benefit they could realize, does not inspire love around the world?

Here's the scorecard: fighting the tariffs are China, EU, and Canada. Negotiating: Japan, Vietnam, South Korea.

What's love gotta do with it? Nothing. EU, China, and Canada have more to bargain with because of China's "priceless" rarer earth minerals--irreplaceable for the US--and the large amount of US debt they hold and can dump to punish 99% of Americans for the foolishness of 49.9% of them.

Japan and S. Korea have a huge US military presence helping them to defend themselves against possible incursions by China or North Korea (a military presence that benefits the US as much as it does those countries.)

I'm sure that they are negotiating because Trump is threatening to pull the rug out from under them...they have greater need, and I'm sure they would have preferred a President Harris to the chaos and threats of the current president.

Which Countries Are Retaliating and Which Are Negotiating Trump's Tariffs?

Countries are reacting to widespread tariffs proposed by the U.S.—and there are two distinct approaches.

www.investopedia.com

 

[Always in His Presence]

Has it ever occurred to you that a president who, when not bragging that other countries are coming begging to "kiss a certain part of his anatomy" (his words, not mine) is trying to force them to give him mineral rights far exceeding any potential economic benefit they could realize, does not inspire love around the world?

Ever occur to you that Mr. Trump is not 100% wrong 100% of the time and while his language is offensive to you - it is common place in the business world. Ever occur to you that the role of the President does NOT include being loved around the world -

Here's the scorecard: fighting the tariffs are China, EU, and Canada. Negotiating: Japan, Vietnam, South Korea.

What's love gotta do with it? Nothing.

Absolutely correct - it has to do with what is best for the nation he is the President of - it is why 76,000,000 voted for him - why he still has a 93% approval rating in his own party - why every swing state voted for him - why the greatest percentage of minority voted Republican in the last 40 years - it is why Republicans won the House and Senate - he is doing what he promised and is still supported.

EU, China, and Canada have more to bargain with because of China's "priceless" rarer earth minerals--

and yet they have not

irreplaceable for the US--and the large amount of US debt they hold and can dump to punish 99% of Americans for the foolishness of 49.9% of them.

inaccurate - can be replaced by the same minerals mined in Australia, Brazil and the US - where it is done more ecologically and without slave labor of children

Japan and S. Korea have a huge US military presence helping them to defend themselves against possible incursions by China or North Korea (a military presence that benefits the US as much as it does those countries.)

and have for 80 years - your point?

I'm sure that they are negotiating because Trump is threatening to pull the rug out from under them...they have greater need, and I'm sure they would have preferred a President Harris to the chaos and threats of the current president.

Yeah, I am sure there are nations that would have preferred her word salad to actually having to respond. She can't even get enough support to be governor of California.

 

[Fantine]

EU, Canada, and China have not come to the bargaining table because they hold all the cards and all the power. Three months from now, when America's military and factories realize that they can't operate when they can only get 10% of the rare earth minerals they need from the rest of the world, Trump will have to go to Xi and bow and scrape to him.
Similarly, if the Canada/EU coalition dump US bonds on the market again (as they did a few weeks ago to get Trump to postpone the tariffs 90 days) Trump will have to apologize...and what a welcome sight that would be to see. What they did was just an opening warning...they can do far more harm than they have done so far.
And I can understand why Japan left the Canada/EU bond dumping coalition. Those bases are desperately important to S. Korea and Japan--and with China becoming America's worst threat as well, equally important to us. But that won't stop Trump from threatening S. Korea and Japan and holding it over their heads like a sword.
This is my last post for today. The world needs prayer and my soul needs respite. May your Holy Week be a time of reflection and transformation.

 

[trophy33]

Just like the 28 nations of the EU -

27

 

[trophy33]

EU, Canada, and China have not come to the bargaining table because they hold all the cards and all the power.

The EU offered that both sides (the EU and the US) will drop their tariffs on the industrial goods, which are similar on both sides, more or less under 3%. Making the trade between the EU and the US effectively tariff-free.

Which is a rational offer, but nothing really revolutionary.

 

[Say it aint so]

Musk is going to save the country 2 trillion dollars!
Turns out it's 150 billion replete with just firing people and less what the IGs they fired found.
Trump is making these fantastico trade deals!
Yet not one trade deal has come to fruition.
China managed to sign multiple trade deals with Vietnam since the start of the trade war.
Trump claims Vietnam is ready to negotiate, but yet nothing.

Is there a pattern here?
Even all those contractors Trump routinely stiffed probably heard the payments are coming from Trump.
Yet, they never did.

 

[Always in His Presence]

China managed to sign multiple trade deals with Vietnam since the start of the trade war.

link requested - provide your source please.

 

[Say it aint so]

link requested - provide your source please.

China, Vietnam Sign Agreements After Xi Jinping's Warning On Protectionism​

 

[loveofourlord]

Trump hails 'big progress' in Japan tariff talks​

• Trump jumps in on preliminary talks with trade officials
• Japan one of the first countries to start tariff negotiations
• More than 75 countries seeking deals, Washington says
• Exchange rates not part of talks, Tokyo's negotiator says

on the flip side there is pushback in japan against working with trump too.

 

[loveofourlord]

oh and you keep repeating the claim of 75 countries, lets see some evidence, with how much trump hates the truth no one but you guys takes it seriously without evidence.

 

[Always in His Presence]

on the flip side there is pushback in japan against working with trump too.

I provided a link - would be so kind as to do the same.

 

[loveofourlord]

I provided a link - would be so kind as to do the same.

trumps word isn't worth anything, I mean real evidence, not his usual nonsense claims he likes to spout.

 

[FAITH-IN-HIM]

The EU offered that both sides (the EU and the US) will drop their tariffs on the industrial goods, which are similar on both sides, more or less under 3%. Making the trade between the EU and the US effectively tariff-free.

Which is a rational offer, but nothing really revolutionary.

The situation is so chaotic that it's hard to determine the objective.

One morning, the administration stated that tariffs would be implemented to make trade fairer and reduce trade imbalance. The next day, it was announced that tariffs would be placed on Canada due to concerns about fentanyl entering the country and the need to protect children. On the same day, the administration declared tariffs on Mexico, citing issues related to border crossings. Two days later, tariffs were imposed on all imports from Canada, with the explanation that Canada was taking advantage of the United States. Subsequently, tariffs were placed on every country with the intention of bringing jobs back to America.

President Trump highlighted last weekend that revenue from tariffs might be sufficient to eliminate income tax.

My question is: what is the administration's objective? If the goal is to bring back all the jobs, then why attempt to negotiate with other countries? Increasing tariffs on foreign goods could encourage companies to bring jobs back to the US.

If the objective is for the US to generate enough revenue from tariffs so that the federal government can abolish income tax, then why negotiate with other countries? Increasing tariffs on foreign goods might achieve this goal.

If the goal is to create free trade and balance the trade deficit, why impose tariffs on Vietnam, Bangladesh? These countries are among the poorest, and such measures won't change the trade deficit. For a Bangladeshi citizen earning $3 a day, zero tariffs on US goods make no difference. Most citizens earn less than $10 and won't buy American products regardless of import taxes.

 

[trophy33]

The situation is so chaotic that it's hard to determine the objective.

One morning, the administration stated that tariffs would be implemented to make trade fairer and reduce trade imbalance. The next day, it was announced that tariffs would be placed on Canada due to concerns about fentanyl entering the country and the need to protect children. On the same day, the administration declared tariffs on Mexico, citing issues related to border crossings. Two days later, tariffs were imposed on all imports from Canada, with the explanation that Canada was taking advantage of the United States. Subsequently, tariffs were placed on every country with the intention of bringing jobs back to America.

President Trump highlighted last weekend that revenue from tariffs might be sufficient to eliminate income tax.

My question is: what is the administration's objective? If the goal is to bring back all the jobs, then why attempt to negotiate with other countries? Increasing tariffs on foreign goods could encourage companies to bring jobs back to the US.

If the objective is for the US to generate enough revenue from tariffs so that the federal government can abolish income tax, then why negotiate with other countries? Increasing tariffs on foreign goods might achieve this goal.

If the goal is to create free trade and balance the trade deficit, why impose tariffs on Vietnam, Bangladesh? These countries are among the poorest, and such measures won't change the trade deficit. For a Bangladeshi citizen earning $3 a day, zero tariffs on US goods make no difference. Most citizens earn less than $10 and won't buy American products regardless of import taxes.

Yeah, the chaos, constant changes, factually wrong numbers and the lack of knowledge about the world and about how economy works seem confusing.

One does not even know what "the deal" should be, because it is all so made up. Trade imbalances are based on the consumers behavior, not on some central-planned international deals. If the USA want to import less, then the Americans must buy/consume less and to live more frugally.

 

[Fantine]

The situation is so chaotic that it's hard to determine the objective.

One morning, the administration stated that tariffs would be implemented to make trade fairer and reduce trade imbalance. The next day, it was announced that tariffs would be placed on Canada due to concerns about fentanyl entering the country and the need to protect children. On the same day, the administration declared tariffs on Mexico, citing issues related to border crossings. Two days later, tariffs were imposed on all imports from Canada, with the explanation that Canada was taking advantage of the United States. Subsequently, tariffs were placed on every country with the intention of bringing jobs back to America.

President Trump highlighted last weekend that revenue from tariffs might be sufficient to eliminate income tax.

My question is: what is the administration's objective? If the goal is to bring back all the jobs, then why attempt to negotiate with other countries? Increasing tariffs on foreign goods could encourage companies to bring jobs back to the US.

If the objective is for the US to generate enough revenue from tariffs so that the federal government can abolish income tax, then why negotiate with other countries? Increasing tariffs on foreign goods might achieve this goal.

If the goal is to create free trade and balance the trade deficit, why impose tariffs on Vietnam, Bangladesh? These countries are among the poorest, and such measures won't change the trade deficit. For a Bangladeshi citizen earning $3 a day, zero tariffs on US goods make no difference. Most citizens earn less than $10 and won't buy American products regardless of import taxes.

You suppose world leaders are like Republican Congressmen, who say "how high" when he tells them to jump.
Instead they have their own nation's well bring at heart. If they are Japan, dependent on our military bases, they think, "Ugh! This is wrong!" but they know he will use any force and manipulation he can. They deal because of the bases.
Canada, EU, and China can bring him down, and they know it. They could even win the Nobel Peace Prize for saving the world's economy from him. So of course they're not dealing.

 

[Always in His Presence]

trumps word isn't worth anything, I mean real evidence, not his usual nonsense claims he likes to spout.

Tells me everything I need to know about your post - thanks

 

[loveofourlord]

Tells me everything I need to know about your post - thanks

the fact you trust trump while he's lying about tariffs, lying about the economy, lying about the supreme court, tells me all I need to know that you will believe anytihng he tells you. He will flat out lie about all that, but the 75 countries I'm supposed to believe him....yeah right.