The Misbegotten Policies of the Second Trump Administration

Discussion in 'Politics' started by gwb-trading, Nov 9, 2024.


  1. China is not controlling the canal...US ships are not being charged more than other country ships to cross the canal, especially since 98% of US imports arrive on foreign flag vessels, and US has no authority to take back something it does not own or control...

    citing China or Russia, or the U.S. actions in 1785 all you want but it doesn't detract from your lack of knowledge on this subject :). Stay out of the deep end and stop letting trump make your brain wonder into uncharted areas. The only reason trump suddenly has any interest in Panama is either he is pissed they took his name down from the tower or he has tax issues popping up there... the whole premise that China is in control or the fees charged to US ships is unreasonable is to gaslight the easily swayed ignorant Americans who never cracked a book on the subject.
     
    #71     Dec 26, 2024
  2. gwb-trading

    gwb-trading

    Americans 'seem to be catching on' to harsh reality of Trump's campaign pledge
    https://www.rawstory.com/trump-inflation-2670687628/

    Americans are starting to wise up to the harsh reality that President-elect Donald Trump has no plan – and never did – to cut prices and bury inflation woes, according to a Washington Post columnist.

    And that could result in an expensive four years for consumers – many of whom fearing high prices are already stocking up on goods, Catherine Rampell wrote in an opinion piece Thursday for the Post.

    “A day late and a dollar short, Americans are realizing that President-elect Donald Trump plans to short them a few dollars. That’s right: Since the election, U.S. consumers have become more likely to say they expect prices to rise next year,” Rampell wrote.

    While Trump ran his 2024 campaign on appealing promises to bring everyday prices that have skyrocketed for consumers in recent years down, he acknowledged in a Time magazine interview only after winning that election that he could do no such thing, Rampell reminded readers.

    “I’d like to bring them down,” Trump told Time magazine. “It’s hard to bring things down once they’re up. You know, it’s very hard.”

    The only thing surprising about the admission from Trump “is that he said it out loud,” Rampell wrote.

    “One thing Trump didn’t acknowledge, however, is how his economic agenda — tariffs, deportations, tax cuts, and kneecapping the Federal Reserve — could worsen the problem that voters hired him to solve,” according to the columnist. “But Americans seem to be catching on anyway.”

    Rampell pointed to a University of Michigan nationwide survey that measures consumers about their views on the economy. It found a surge in participants since the election reporting “that now is a good time to purchase big-ticket items, because prices will probably rise.”

    “We don’t know for sure what’s driving these shifts in consumer views,” Rampell added. “Most likely, Americans are absorbing news coverage of Trump’s proposed tariffs and their potential to raise prices on food, cars, apparel, appliances and other common household purchases.”

    Trump’s threats of mass deportations could also drive up fruit, vegetable and dairy prices, she warned. And, Rampell concluded, Trump could easily worsen increased prices consumers are already facing in the face of other geopolitical and supply-chain issues.
     
    #72     Dec 27, 2024
  3. gwb-trading

    gwb-trading

    #73     Dec 27, 2024
  4. gwb-trading

    gwb-trading

    Honduras to Trump: all your base will belong to us.

    Honduras suggests ending US military cooperation over Trump mass deportation threat
    https://apnews.com/article/honduras-trump-military-castro-65e94d6e0047ac8d02578e7fa48b8415

    TEGUCIGALPA, Honduras (AP) — Honduras President Xiomara Castro ’s comments earlier this week threatening to stop her country’s cooperation with the U.S. military if President-elect Donald Trump follows through on promised mass deportations have generated political heat at home, even as the U.S. government has remained silent.

    In a New Year’s Day speech on a national television channel, Castro said that if Trump goes ahead with massive deportations, Honduras would reconsider military cooperation with the U.S.

    “Faced with a hostile attitude of mass expulsion of our brothers, we would have to consider a change of our cooperation policies with the United States, especially in the military realm,” Castro said.

    She said the U.S. had maintained a presence in Honduran territory for decades without paying a cent and if Hondurans are expelled en masse that presence would cease to have any reason to exist in Honduras. She added that she hoped the Trump administration would be open to dialogue.

    It was just the latest response in the region to early pronouncements from Trump.

    His threat to impose tariffs on Mexico if it didn’t do more to stop illegal migration and drug trafficking was met with a suggestion of retaliatory tariffs from that government. More recently Trump criticized charges to transit the Panama Canal and suggested the U.S. could take it back, something Panama’s president emphatically rejected.

    The main U.S. military presence in Honduras is at Soto Cano Air Base outside the capital. While it is a Honduran base, the U.S. has maintained a significant presence there since 1983 and it has become a key U.S. launching point for humanitarian and anti-drug missions in Central America.

    It is home to Joint Task Force Bravo, which the U.S. Defense Department has described as a “temporary but indefinite” presence.

    The U.S. Defense Department declined to comment, noting that it “pertains to campaign statements and not policy.” U.S. Embassy in Honduras did not immediately respond to requests for comment.

    Castro’s political opposition, however, has been quick to denounce the president’s comments.

    Jorge Cálix, a probable presidential aspirant for the Liberal Party in Honduras’ Nov. 30 elections, said Castro had put Honduras “in grave danger” for personal and ideological reasons.

    Olban Valladares, a political analyst contemplating his own run for office for the Innovation and Unity Party, panned Castro’s threat.

    “She knows we don’t have the ability to threaten the United States in any way, that the damages it would cause Honduras would be terrible,” Valladares said. He said the threat could make Honduran migrants even more of a target for the Trump administration.
     
    #74     Jan 4, 2025
  5. gwb-trading

    gwb-trading

    #75     Jan 6, 2025
    Ricter likes this.
  6. smallfil

    smallfil

    GWB, the clown that never rests. President Donald Trump has not assumed office for the idiots like GWB who have not figured it out yet. It is your idol Joe Biden still calling the shots or the ones dictating to him. He has promised to continue aiding and escalating the Ukraine proxy war by doling out billions upon billions to Zelensky. Get help, your Trump Derangement Syndrome keeps getting worst and you are only embarrassing yourself of your stupidity in plain sight of everyone.
     
    #76     Jan 6, 2025
    echopulse likes this.
  7. gwb-trading

    gwb-trading

    We will see. Actually Trump's tariff policies will be based on what companies give him cash - just like in his first term.

    Trump Says His Tariff Policy Won’t Be Pared Back
    https://finance.yahoo.com/news/trump-says-tariff-policy-won-145325581.html

    (Bloomberg) -- President-elect Donald Trump denied a Washington Post report that his aides are considering narrowing his tariff plan so that it would only apply to limited specific critical imports.

    “The story in the Washington Post, quoting so-called anonymous sources, which don’t exist, incorrectly states that my tariff policy will be pared back. That is wrong,” Trump said in a Truth Social post on Monday.

    The Washington Post reported that Trump’s aides were discussing applying tariffs to some goods from all countries, but targeting the list of items to those where there are national or economic security concerns, the story said, citing three people familiar with the discussions who it didn’t identify.

    If it were to come to fruition, that plan would mark a significant narrowing of the universal tariffs of 10% to 20% that Trump proposed during his campaign, a move economists expect to drive up consumer prices and distort patterns of global trade.

    The US dollar initially fell against most major currencies Monday after the Washington Post report, with the Bloomberg Dollar Spot Index paring earlier losses after Trump said he didn’t plan to narrow the scope of the import duties. Investors also added to bets on Federal Reserve interest-rate cuts on speculation the policy won’t fuel inflation as much as a broader program.

    Which sectors or goods could be targeted wasn’t immediately clear but would likely focus on those seen as key for economic and national security, and discussions have focused on those that Trump intends to bring back to the US, according to the report.

    Trump’s focus potentially includes the defense industrial supply chain — through tariffs on steel, iron, aluminum and copper — as well as critical medical supplies, such as syringes, needles, vials and pharmaceutical materials. Trump could also target energy materials including batteries, rare earth minerals and solar panels, the Post reported, citing two of the people.

    It’s unclear if the approach toward universal tariffs would also apply to other policies Trump has proposed. Those include slapping duties on an all goods from China of as much as 60%, as well as 25% on imports from Mexico and Canada unless they do more to stem the flow of migrants and fentanyl into the US.

    With about two weeks until Trump’s inauguration, the threats around his tariff plans have already caused stress in the global trade system, as well as uncertainty about the path of inflation and interest rates.

    Bloomberg Economics’ base case last year saw three waves of tariff hikes, starting in summer 2025, with levies on China ultimately tripling by the end of 2026 and a smaller hike on the rest of the world — focused on intermediate and capital goods that don’t directly impact consumer prices.

    As a result of the lack of clarity on Trump’s plans, some companies have started front-loading orders, seeking new suppliers and renegotiating contracts, creating a surge in imports and supply chain disruptions.
     
    #77     Jan 6, 2025
  8. gwb-trading

    gwb-trading

    Just when you thought it could not get any more stupid.

    Gulf-of-stupid.jpg
     
    #78     Jan 7, 2025
  9. INvade Panama to take the Canal....but trumptards voted for trump to get out of the way in Ukraine and the middle east... MMMKay!
     
    #79     Jan 7, 2025
  10. gwb-trading

    gwb-trading


    Trump refuses to rule out use of military force to take control of Greenland and the Panama Canal
    https://apnews.com/article/trump-bi...f-of-america-fa66f8d072eb39c00a8128a8941ede75


    Keep in mind that Trump is also saying that he will rain hell upon Gaza if the hostages are not released within the next two weeks.

    Any MAGA supporter who thought Trump was not going proliferate foreign military action is fooling themselves.
     
    #80     Jan 7, 2025