Are Trump's beautiful tariffs
- Thread starter snarlcakes
- Start date
Chappelle in 2018
www.realclearmarkets.com
Dave Chappelle Understands China Better Than Most Politicians | RealClearMarkets
Dave Chappelle is a great comedian. But he may be an even better economist. He certainly understands free trade a lot better than some of the people who are currently in charge of directing U.S....
EU offered ‘zero-for-zero’ deal to US weeks before tariff announcement
Cars and other goods were to be included, according to EU trade commissioner, who says offer is still on table
Highlight:
Šefčovič earlier rejected suggestions EU countries would abandon VAT, one of Trump’s grievances.
He said the EU had spent “some time and energy” to explain to US counterparts how the sales tax works, citing its use in more than 160 countries.
Trump has no clue on VAT going back to the 16 debate with Clinton. If he is such a stable genius why does such a simple concept confuse himEU offered ‘zero-for-zero’ deal to US weeks before tariff announcement
Cars and other goods were to be included, according to EU trade commissioner, who says offer is still on tablewww.theguardian.com
Highlight:
Šefčovič earlier rejected suggestions EU countries would abandon VAT, one of Trump’s grievances.He said the EU had spent “some time and energy” to explain to US counterparts how the sales tax works, citing its use in more than 160 countries.
Heck, there are people on this board who have argued for VAT here
And as a reminder
NOBODY gets it wrong more than Shooter!!!!
China car giant BYD poses major threat to Tesla and Detroit’s Big 3 — and tariffs could make it worse
“As the words came out of Trump’s mouth, they were probably drinking champagne in BYD headquarters,” Ives told The Post. “It accelerates BYD’s success.”
nypost.com
You don't pay much attention apparently.
Probably more accurate to say nobody you disagree with more than shooter
Right... didn't both Biden and Trump stop the sale of US Steel to the Japanese? I have a feeling that they still remember this.
How much of a threat? Tesla had records sales in China in 2024. Also, Ives dresses like a pudgy clown.China car giant BYD poses major threat to Tesla and Detroit’s Big 3 — and tariffs could make it worse
“As the words came out of Trump’s mouth, they were probably drinking champagne in BYD headquarters,” Ives told The Post. “It accelerates BYD’s success.”
Musk personally acknowledged the strength of BYD and other Chinese automakers last year, confirming they would “pretty much demolish most other companies in the world” if not for trade barriers.
I've heard interviews with the Ford CEO talking about how blown away by how far the Chinese cars have come in the last few years. Sure we can protect our domestic firms with tariffs for domestic consumers.... But the rest of the world doesn't care about that. They'll keep sucking up Chinese EVs.
BYD sold 1 million cars in 1Q. About 3x Tesla sales.
China car giant BYD poses major threat to Tesla and Detroit’s Big 3 — and tariffs could make it worse
“As the words came out of Trump’s mouth, they were probably drinking champagne in BYD headquarters,” Ives told The Post. “It accelerates BYD’s success.”
The car industry there is cut throat. BYD has like 5 serious competitors domestically. All that subsidies accusations were bullshit. They got free land etc at the initial phase of their start up. Not now when they are selling millions of EVs a year.
the chinese market twice the size of the US market at over 30+ million car sales a year. And since December 2024 over 50% of all new cars are EVs.
Tesla is considered a boomers car by most there -- considered to be old fashion and with antiquated technology by the Chinese consumers especially the younger generation. Their sales has been gradually on the downward trajectory a while now.
I never said they couldn't do well. What are their margins?
Tesla will also do well and had a good year in China. When is the last time you drove a Tesla?
I was curious on your take on full self driving. I drove one back in September and didn't touch the wheel once.
Everyone knows now that the admin added in more than just the actual tariff amounts. And I get that the notion of just complaining about a trade imbalance doesn't make sense.
But it's also true, isn't it, that other nations have various other ways, besides tariffs, of manipulating trade imbalances? I've read that currency manipulation as one example. I think there are others, too?
If that's true, how do we account for that if that's something we feel we should push back on? Could you make a simple formula to cover those other forms of "unfair" advantage or would you have to go on a case-by-case basis?
Margins matter too. BYD's gross margins of 20.6% don't just outpace Tesla; they surpass BMW (XE:BMW), Mercedes-Benz (XE:MBG), and Toyota (JP:7203) (TM). Yet BYD's market cap sits at just one-fifth of Tesla's, despite nearly taking the global EV sales crown.
Currency manipulation is tracked by the US Treasury and reported to Congress twice a year.
US Treasury finds no currency manipulation in final Biden-era foreign exchange report
No major trading partner manipulated its currency in the year to June 30, the Treasury Department said on Thursday.
www.usatoday.com
Navarro used to be on WarRoom all the time. Bannon absolutely hates Musk as does Navarro.
Are there other legitimate areas of complaint?Currency manipulation is tracked by the US Treasury and reported to Congress twice a year.
US Treasury finds no currency manipulation in final Biden-era foreign exchange report
No major trading partner manipulated its currency in the year to June 30, the Treasury Department said on Thursday.www.usatoday.com
But you’ll love Musk until the President doesn’t. No one is more predictable.
Peter Navarro was so widely known as an idiot, even in the first Trump administration, that they actively tried to exclude him from meetings so they would not have to deal with his idiocy. They could not get Trump to understand that he should not be listening to that fraud
‘The View’: Alyssa Farah Griffin Says Man With ‘Outsized Influence’ on Trump’s Trade War Was Actively Kept Out of Meetings in First Term
"He would put wrong information in front of [Trump]," the ABC host says of Peter Navarro The post ‘The View’: Alyssa Farah Griffin Says Man With ‘Outsized Influence’ on Trump’s Trade War Was Actively Kept Out of Meetings in First Term appeared first on TheWrap.
He seems to have a common sense approach to a number of issues
Paul, on economic issues, makes a lot of sense. Free trade, control spending, balance budgets, the type of Republican agenda that I have always wholeheartedly supported. Then if you ask him anything about science, he's a McMurt/dbm/Mas level dumbass.
