May 11May 11 Admission to the World Cup, what f***ing planet is he on? If we let them back into Eurovision again too then it truly will be worldwide peace! 🫠 What an absolute clown.
May 12May 12 China and the US agreed a deal to slash tariffs by 115% but the final deal means China will only have 10% tariffs on US goods while the US will have 30% on Chinese goods. Honestly sounds like the US won the trade war
May 12May 12 17 minutes ago, Liam Sota said:China and the US agreed a deal to slash tariffs by 115% but the final deal means China will only have 10% tariffs on US goods while the US will have 30% on Chinese goods. Honestly sounds like the US won the trade warEnd up exactly where they were the same place before, but call it a win. Winning without winning 😂
May 12May 12 22 minutes ago, Rooney said:End up exactly where they were the same place before, but call it a win. Winning without winning 😂It’s only for 90 days apparently so I’ll wait to see what happens after that. 30% vs 10% isn’t where they started though. Overall China is a accepting a deal 20% worse off than where they started.
May 12May 12 43 minutes ago, Liam Sota said:It’s only for 90 days apparently so I’ll wait to see what happens after that.30% vs 10% isn’t where they started though. Overall China is a accepting a deal 20% worse off than where they started.The extra 20% is made up of a fentanyl tax which American consumers pay. I don’t see how this can be chalked off as a win unless you are a trader on the stock market. Another 90 day deal, so time to manipulate the markets again or decide the price of goods is too high and lower em. All America has done in the short term is ramp up the cost of their products and not source alternative products.
May 12May 12 22 minutes ago, Rooney said:The extra 20% is made up of a fentanyl tax which American consumers pay. I don’t see how this can be chalked off as a win unless you are a trader on the stock market. Another 90 day deal, so time to manipulate the markets again or decide the price of goods is too high and lower em. All America has done in the short term is ramp up the cost of their products and not source alternative products.It’s done what was intended. Made America a more attractive place for businesses and manufacturing. Damaged China. Put America in a stronger more assertive position. Raised many billions from tariffs and got China to deal with the fentanyl epidemic. Overall it will have saved lives. Raised more money. Increased US jobs. Raised US wages and sent a strong messages to those companies thinking or that have moved/outsourced that your businesses if reliant on cheap foreign labor could be at risk of going under if the President has a mood swing one morning
May 12May 12 Author America a more attractive place for business over the events of the last few months? Damaging China? Are we living in the same reality? Businesses don't like dealing with erratic governments, they can't plan for the future like this.The resumption of relatively normal trade is good, but it's a whole lot of screwing around with unworkable fixes just to get people okay with an otherwise higher than usual sales tax, which will cause a slower, less noticeable economic slowdown.
May 12May 12 16 minutes ago, Iz 🌟 said:America a more attractive place for business over the events of the last few months? Damaging China? Are we living in the same reality? Businesses don't like dealing with erratic governments, they can't plan for the future like this.The resumption of relatively normal trade is good, but it's a whole lot of screwing around with unworkable fixes just to get people okay with an otherwise higher than usual sales tax, which will cause a slower, less noticeable economic slowdown.Absolutely. Maybe the word attractive isn’t right but more appealing whereas before China was more appealing or other places. If it’s going to be a lot of hassle maybe tariffs/fees to import it becomes cost efficient to be based in the US. I’ve even seen Jaguar thinking of creating a US base to avoid tariffs. That’s how things work. Companies and businesses generally aren’t loyal to anything but their bottom line. You have to outdo other countries one way or another or you lose out. China and India have used their populations to their advantage by having an unlimited cheap labor workforce so US had to use their leverage which is that they are the consumers and their money is stimulating the Chinese and Indian economies and now it’s more balanced.
May 12May 12 1 hour ago, Liam Sota said:It’s done what was intended. Made America a more attractive place for businesses and manufacturing. Damaged China. Put America in a stronger more assertive position. Raised many billions from tariffs and got China to deal with the fentanyl epidemic.Overall it will have saved lives. Raised more money. Increased US jobs. Raised US wages and sent a strong messages to those companies thinking or that have moved/outsourced that your businesses if reliant on cheap foreign labor could be at risk of going under if the President has a mood swing one morningHonestly Liam. You are deluded on this subject. If there’s one thing businesses value it’s stability. They’re less likely to invest and move operations when the President can wake up and decide on a whim to do something. If the tariffs are so great why are they not higher? I’m still waiting for all these companies to move their manufacturing basis to America.
May 12May 12 12 minutes ago, Rooney said:Honestly Liam. You are deluded on this subject. If there’s one thing businesses value it’s stability. They’re less likely to invest and move operations when the President can wake up and decide on a whim to do something. If the tariffs are so great why are they not higher? I’m still waiting for all these companies to move their manufacturing basis to America.They are at a level where you win either way. 30% in tariffs or you get businesses and jobs. If they don’t work why do so many countries use them? Why did the UK bend over backwards to get India to reduce some? You repeat a lot of talking points but they don’t work in reality. It’s easy to say oh they’ll just be passed onto the consumer but that’s not how it works. Your worldview seems to be yeah everything is terrible but the policies that got us there are great and any change of them is inherently bad. It just doesn’t make sense. The way the world is right now. China and India basically use their citizens low costs and living to bolster their country. Not ideal but you can see the logic. Whereas we drastically worsen our citizens standards of living and wages to bolster other countries. That’s the worst of both worlds. Tariffs are one big way to claw back money or jobs/businesses I can give you examples if you really want Lol Abbott building new US manufacturing https://www.bloomberg.com/news/articles/2025-04-16/abbott-to-build-new-us-manufacturing-with-tariff-threat-loomingVolvo - https://www.reuters.com/business/autos-transportation/volvo-cars-may-take-up-two-years-expand-us-production-avoid-tariffs-ceo-tells-2025-04-11/LVMH - https://www.politico.eu/article/bernard-arnault-higher-tariff-push-lvmh-move-production-united-states-brussels-fault/Hyundai - https://www.reuters.com/business/autos-transportation/hyundai-motor-reports-2-rise-q1-operating-profit-2025-04-24/Tons more im sure
May 12May 12 But you’re winning by forcing 30% extra cost to consumers? That’s not winning, that’s fuelling price increases. All it does is makes things more expensive for consumers. And all those examples you’ve just posted, just proves my point. That’s 4 examples and 1 example of a manufacturing operational increase which would have been signed off and discussed before any tariffs. Do you really think a business is going to make a huge decision of that level of investment when a country flip flops every week. They are not.
May 14May 14 @Rooney A new one today for you https://www.reuters.com/business/ketchup-maker-kraft-heinz-investing-3-billion-upgrading-us-manufacturing-2025-05-14/
May 14May 14 29 minutes ago, Liam Sota said:@Rooney A new one today for you https://www.reuters.com/business/ketchup-maker-kraft-heinz-investing-3-billion-upgrading-us-manufacturing-2025-05-14/Great, so this article just proves my point 😂 Krat-Heinz already produces most of it's products locally, the investment includes ($400m) that was already announced pre-tarriffs to create 60 new jobs and all the growth created will be in short term construction as the investment is in technology to automate and reduce low-skilled jobs. Consumer confidence is falling, sales outlooks cut, so they are investing in technology rather than people. Shareholder investment PR.
May 18May 18 I hope Trump now feels happy with himself about his constant attacks upon former President Biden...This is truly a shame, people can say what they want about Biden's political career but I truly believe that he is truly a decent and kind-hearted man so it is pretty sad to hear of this diagnosis. I hope he can hold on for as long as possible so he can spend as much time as possible with his family <3What a tragedy that of the two presidents that the US has had over the past 5 years it had to be Biden that developed a diagnosis as horrible as this.
May 18May 18 I would guess that Biden's people would have informed the White House before the public announcement so that Trump (or someone on his behalf) could issue a response. Where is that response?
May 18May 18 I think we're past the point now of expecting anything dignified from Trump. If anything he'll be counting the days until he can start going in harder on someone unable to defend themselves with his rhetorics.Awful news though 💔
May 19May 19 22 hours ago, Calum said:I think we're past the point now of expecting anything dignified from Trump. If anything he'll be counting the days until he can start going in harder on someone unable to defend themselves with his rhetorics.Awful news though 💔This just made me tear up, because it's likely so true. What a sorry state the American government is in! 😪
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