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Tariff Man and his tariff plan cause market plunges
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As for Devo... no, son, I don't know the nearest soybean farm to me but I do have friends in York and Lancaster that have been bitching up a storm about how Trump's trade war is royally fucking them. And I passed some in Ohio recently.
Thanks for asking, though.
Lusty, no bonus questions accepted from you until you finish your reading assignment
Since then, the Chinese haven't bought any soybeans from us, among many other things that have increased that deficit. If I were you I'd be more concerned with our budget deficit and borrowing.
Naah, I merely posed a question that's extremely salient to any serious discussion of tariffs and trade. You never answered it. No wad to shoot, huh?
But everyone deserves a second chance. Here's the question again:
Quote:
Originally Posted by lustylad
What steps would YOU take to reduce our $1.2 trillion annual deficit in goods exchanges with the rest of the world? Any ideas? Tell us exactly how you think we can increase our exports and curtail our imports. Extra credit if you can propose ways to do it without ruffling the feathers of our major trading partners.
Or don't offer any constructive ideas, if that's your wont. Just keep playing Debbie Downer... oof!
Go ahead, Gristle. Give it a (wad) shot!
Quote:
Originally Posted by HDGristle
Since then, the Chinese haven't bought any soybeans from us, among many other things that have increased that deficit. If I were you I'd be more concerned with our budget deficit and borrowing.
Crunch the numbers, Gristle. Soybean exports are obviously important to our farmers, but if the Chinese stop buying them from us it doesn't add materially to our bilateral trade deficit. In the year I just cited (2018), soybeans accounted for only $3.1 billion of total US exports to China. By comparison, our bilateral trade deficit for that year was $420 billion.
Start another thread if you are genuinely concerned "with our budget deficit and borrowing." I welcome it, especially if you have any constructive ideas to offer there. The trouble is - I don't think you care about anything other than attacking trump. But please feel free to prove me wrong on that point.
Don’t worry about China, it will all be fine! Highly respected President Xi just had a bad moment. He doesn’t want Depression for his country, and neither do I. The U.S.A. wants to help China, not hurt it!!! President DJT
You haven't done the reading... or you would be focusing on 2004 instead of 2018
2004 was 21 years ago. But go ahead, pick a year and crunch the numbers - imports, exports, deficits, whatever. Use the actual Commerce Dept. data to make your point. No more glib talking points, meaningless generalizations, or cheap trump put-downs. Learn how to draw conclusions from the actual numbers, for a change.
Clearly not, as you should recognize the year as important for the trade deficit from the data I gave you. My goalposts aren't negotiable.
You didn't give my any data. You avoid data like the plague.
"My goalposts aren't negotiable." Wtf does that even mean?
Stop posting nonsense, Gristle. Man up for a change. Speak clearly and coherently. Not just for me, but for everyone reading this. You have 109k views for this thread. Were on post #1150.
What are you trying to say? What's your point? Do you have any clue how to reduce our $1.2-trillion global trade deficit?
Go back to 1105, Lusty. Now connect to 2004 to 2024 trade data and things like the U.S./Brazil/China Soybean triangle and why China has been well positioned to maximize the pain on key U.S. exports.
Until you do the reading, I'm not interested
Now, back to the topic.
Did you buy the dip from the Friday tantrum in time for today's TACO bump? Have you noticed the timing yet on his tariff threats?
Go back to 1105, Lusty. Now connect to 2004 to 2024 trade data and things like the U.S./Brazil/China Soybean triangle and why China has been well positioned to maximize the pain on key U.S. exports.
Until you do the reading, I'm not interested
Now, back to the topic.
Did you buy the dip from the Friday tantrum in time for today's TACO bump? Have you noticed the timing yet on his tariff threats?
Here's a hint, boys. % of GDP. Why you need to widen your perspective instead of just focusing on the total value of the trade deficit.
Anyone care to map this against increases to the tariff schedule?
Can anyone point to tariff increases leading to long, sustained increases in U.S. manufacturing employment? In Ag?
What percentage of daily forex is USD? What is the avg daily trade in USD? How does that compare to the total annual trade deficit?
Until you have answers for those you're not even remotely ready to have real discussions about this let alone solve the trade deficit (which isn't even agreed upon as a problem) on a hooker board.
