"#39 | Posted by shrimptacodan"

They only thing Democrats hate more than Trump are the statements from their own leaders from 10 years ago.

"So, where does that leave the US is Pres Trump's tariffs seem to actively encourage other countries to avoid the US?"

That is fine as long as the US reduces by the same amount or more. Given we run trade deficits with just about every other country, we win.

"Maybe something might happen that was aghast to envision in the past?
China, Japan and South Korean talking about trade?"

They already trade -------. China is both Japan and Korea's largest trading partner already. Didn't know that, did you?

"All because the US trade policies currently seem to be so whimsical."

There is nothing whimsical about them. So long as Trump is POTUS, other countries will reduce their trade barriers or they will be subject to punitive tariffs.

"It appears that they are negotiating other markets for their products."

Great - let them try. China is already their biggest trading partner in most cases. We will see how China responds to them trying to balance trade - my guess is that the result will be same as what they are trying to do with the US - ramp up barriers to retain high trade surpluses.

"So, Pres Trump's apparent ultimate goal of the US being self-sufficient in its consumption may be foisted upon the US sooner that Pres Trump has anticipated?
#38 | Posted by LampLighter "

We can only dream that this will be the case.

"#30 | Posted by YAV"

Let's measure inflation a year from now and then we can sum up the 'tariff tax' on American consumers. It will not be what you think now.

"The income tax was instituted because the wealthiest weren't paying their fair share of taxes.
#29 | Posted by Danforth"

The income tax was instituted because the government, like all governments, loves to spend money on stupid ---- and they needed new sources of income. In 1913, the income tax range was from 1% - 7%. Let's go back to that.

"Idiot. Total idiot. Nothing that idiot posts should be bothered with unless you're bored and just want sport. What an idiot.
#34 | Posted by YAV"

We imported $500B in cheap Chinese crap last year. With the 100% tariff, we should collect $500B in tariff income from China alone in 2025. I am 100% betting that will not happen as the tariff will be eaten by the Chinese manufacturers, im/ex middlemen, and substitution away from Chinese products. You seem to think it will happen - because, at the end of the day, you are a very stupid person. Stick to banging closeted married gay dudes and leave economics to the adults.

"While I agree China is going through tough times, I do not agree that toughness is the result of trade wars."

Supply chains do not set up or shut down over night. It is a multi-year process and China's collapse started in 2016 with Trump's trade war. When covid came, it sped up the process as literally every country adopted a 'China + 1' strategy or left the Chinese market all together. Looking at the reported Chinese exports, they are already declining in 2023 - and this was after the disruptions from covid. Chinese exports had been growing between 10-20% annually and now the number is flat to negative.

This is also seen in FDI as no company is relocating manufacturing there any longer. In 2023, FDI fell by almost 80% compared to 2022. Without FDI, there are no jobs and unemployment skyrockets - exactly what we are seeing now.

Real estate is just a symptom of this. When the real economy struggled, the Chinese government loosened credit for residential construction on infrastructure construction. This resulted in the total overbuild of real estate and the infrastructure spending built ports (not needed), airports (not needed), HSR (not needed) and highways that were supposed to make trade easier at a time that trade volume was decreasing - and now the government has to pay to maintain them.

The economic collapse is best seen in retail sales, luxury goods sales, and international travel. The Chinese tourist has all but disappeared (which really hammers Europe).

"But ... how does that affect the exports the US seems to be so reliant upon?
#33 | Posted by LampLighter"

Because the Chinese economic 'miracle' was built on manufactured export products and that sector of their economy is dying. With the huge decreases in FDI, it would take years to rebuild it even if were possible to do so.

"The orange turd is firing so many people at IRS that is doesn't matter what the tax rate for rich people is.
#27 | Posted by SomebodyElse"

What are you going to do when Trump declares the income of tariffs has been so successful that he can cut the federal income tax rate to 0% for 80% of taxpayers?

"But that seems to be China's decision to make, not your current alias' decision."

It would be the equivalent of cutting your wrists to get back at your former spouse that left you.

"As I have previously stated, (though somewhat differently) this trade war between China and the US could last for more than Pres Trump's apparent attention span ...
#28 | Posted by LampLighter"

It has been ongoing since 2016 and China has been the clear loser. They have already experienced a lost decade. Now, they are going to give Japan in the 1980's a run for their money.

"#26 | Posted by LampLighter"

Let's check back on the rate of inflation 1 year from today and then assess. Just a month ago, Canadians were squawking how Trump's tariffs on Canada would raise the price of oil/gas in the US. Now, oil is $60/barrel. So much of the liberal nonsense thinking on economics is being debunked on a daily basis.

"Regarding the "oil and fuel" aspect your current alias raises, how much "oil and fuel" does China export to the US?
#25 | Posted by LampLighter"

None - but every product they product in China requires it. They import 11.1M barrels of oil every day and a 50% Yuan devaluation will double the price they are paying for it. A 50% Yuan devaluation would cost them $330M per day in higher oil prices alone which would be passed on to everything they produce whether for domestic consumption or export.

"Why was Anne Coulter a leading Rwing voice... until she told the truth?
#25 | Posted by Corky"

mAnne Coulter was never a leading Rwing voice. She dated Bill Maher - which also says a lot about him. Lwing publications love her because they think she makes the GOP seem stupid. But the reality is that mAnne Coulter is entirely a Lwing creation.

"OK, there are two points in that comment ...
The first, and the major one, is that US consumers pay the tariffs"

No, US consumers will not pay the tariffs. To the extent the foreign companies want to maintain any market share, they will absorb the tariffs into their pricing. To the extent they don't, people don't buy the products and purchase domestically produced instead. That is called substitution.

"And, secondly, yes, China devaluing the yuan may offset the effect of the tariffs, because a devalued yuan means cheaper prices for China goods.
So, your current trolling alias seems to admit that tactic on the part of China has some game.
#21 | Posted by LampLighter"

As already explained to you above, a massive devaluation (which will be needed) is not possible due to around 90% of Chinese external debt being USD denominated. A 40-60% current devaluation will make the loans impossible to service or pay back causing a wave of private sector bankruptcies. As I stated above, this topic is much too complex for you - so, your usual debate style of reposting the liberal talking points is even more useless than normal.

"We have no problem with facts no matter the source...
#20 | Posted by Corky"

Wow, then you will need to explain why the first 20 comments on any article critical of the Dems is always attempting to slaughter the source rather than dealing with the content of the article. You didn't know this?

"deviation seem like they go together.
#19 | Posted by northguy3"

You literally supported Trudeau - a closeted homosexual that wore blackface more times than he could remember and spent 15 years destroying Canada to the point that GDP per capita is basically the same as 2010. I don't think you have any reason to be talking about Trump.

"#17 | Posted by reinheitsgebot"

Seems someone is butthurt that Trump is ending child trafficking. You and your ------ buddies planning another protest march?

"#17 | Posted by Corky"

Now the ------- liberals are rallying behind mAnn Coulter. You can't write better comedy. Come on Corky - tell us how Trump needs "hand's off" the billionaires' money.

"If somebody seriously thinks that trump is a genius
#13 | Posted by hamburglar"

I suspect Trump would beat you by at least 1 standard deviation in an IQ test. Which college did you attend and what was your degree?

LegallyYourDead in June 2025: "------- Trump raising taxes on ------- billionaires. He is ------- with the wrong ------- people. If you support this, you are a ------- ------"

"Now you guys can't swing on that billionaire --- hard enough.
#6 | Posted by TFDNihilist"

Once Trump tables a plan to raise taxes on the rich, the Dems from Bernie to AOC to -------- like yourself will be lining up to oppose them. Give it time.

"As I have posted here more than a couple times here, the Chinese economy has issues."

You don't even understand simple topics - you should steer clear of trying to opine on the Chinese economy.

"And then there is China possibly devaluing the Yuan."

It is occurring already - but, it cannot save them when their domestic market is already suffering, inflation has already made living unaffordable, and their largest trading partner is effectively cutting them off from the US market. This is on top of the fact that so much Chinese debt is US dollar based - devaluing their currency will just cause chaos by having massive defaults in their private sector - which is the only thing keeping the country afloat at the moment.

"That seems to be an ace in the hole that China holds against the Trump tariffs.
#14 | Posted by LampLighter"

Devaluing the yuan to offset tariffs is CHINA PAYING THEM - not US consumers. So, go ahead and spin that -------.

Trump is a genius - we will shortly see Democrats out on the street protesting to save the millionaire and billionaires. No taxing the rich! Hands off!

Wait a minute - Biden told me he was going to cure cancer during his term. Are you telling me he didn't do what he promised? No way.

China has been in a collapse that is speeding up for the last 3 years. Their real estate is done - and with it - city level finances which rely on cities doing continuous land sales to fund operations. They are graduating their largest class of college graduates ever (over 5M) and unemployment rate is already ~25% for recent college grads. FDI has come to a stop in China, which was their last resort. Their domestic market is not big enough to support their economy with a decoupled US and you see it in the collapse of their retail sales, F&B sales, real estate sales, auto sales, etc. China is sunk and there is literally nothing they can do to change it.

"HATE screech is not, in any comparable way, FREE speech.
#18 | Posted by dutch46"

Hate speech is an OPINION and the exact reason why the freedom of speech exists. popular speech doesn't need protection.

"AND YOU WERE ASSESSED IN 9 SECONDS."

Should take less time than that as I am a citizen. Valid passport. Real ID. SS# etc.

"Then, when you were in the cell, we saw you talking to someone.
#36 | Posted by Danforth"

And? Did I tat up MS13 across my forehead?