Jump to content
BANGKOK
webfact

Trump delays tariffs on Chinese cellphones, laptops, toys; markets jump

Recommended Posts

20 minutes ago, mtls2005 said:

Trump blinks, shows weakness, caves.

 

 

Remember, Jared "found" Peter Novarro via an Amazon search. Sheesh. Never hire the idiot son-in-law.

 

How a Jared Kushner Amazon search led to the looming trade war

 

At one point during the [2016 presidential] campaign, when Trump wanted to speak more substantively about China, he gave Kushner a summary of his views and then asked him to do some research. Kushner simply went on Amazon, where he was struck by the title of one book, Death by China, co-authored by Peter Navarro. He cold-called Navarro, a well-known trade-deficit hawk, who agreed to join the team as an economic adviser. (When he joined, Navarro was in fact the campaign's only economic adviser.)

 

https://theweek.com/speedreads/759559/how-jared-kushner-amazon-search-led-looming-trade-war

 

 

 

And what's with the frog meat exclusion? I get the human hair exclusion, surprised it doesn't have to be yellow or orange?

 

An additional $160 billion worth of Chinese imports will be spared a tariff until Dec. 15, to avoid hitting holiday sales. These items include:

 

Prepared or preserved frog meat
Ice hockey gloves
Shelled nuts
Salt and pepper dispensers made of plastic
Human hair, fashioned into wigs or false beards

 

Some Chinese imports were dropped from the tariff target list altogether, including:

 

Bibles (China is the No. 1 source of imported Bibles and other prayer books. These were originally targeted for a 10% tariff, but importers' prayers for an exemption were granted.)
Radioactive elements, isotopes and compounds
Frozen cod, haddock, and salmon fillets

 

 

It seems to me that the preferential exclusion of Bibles from the tariffs would violate the 2nd amendment. Should be either all books excluded or no books excluded.

  • Thanks 1

Share this post


Link to post
Share on other sites
Posted (edited)

The sell off in US stock markets and dire % on US Bonds sent Trump to twitter begging for a face to face with China’s President Xi to discuss....... Hong Kong.

 

Because all of a sudden with Trump’s trade war devaluing stocks and inverting the bond markets Trump wants to focus on Hong Kong.

 

 

 

Edited by Chomper Higgot
  • Like 1

Share this post


Link to post
Share on other sites
20 minutes ago, Roadman said:

I see markets are nose diving this morning. The first serious signs that for the US the proverbial from all the great POTUS biggie bully plans could be about to hit the fan. There’s been plenty of indication of it since early this year with China responding to Trumps tariffs by going elsewhere for their needs. And that’s been a double whammy for the US not only in lost income from China but having to pay subsidies for American farmers to plough crop in for other countries to take over that US supply. And the rest of us won’t be giving that new won Chinese supply market share back, so more bad news there for the US as well. As has been obvious all this year, but not to Trump, the Chinese learnt to survive on a bowl of rice long ago. Interesting to see if the US can.  

 

Food self sufficiency is  problem the USA will never have.

  • Confused 1
  • Sad 1

Share this post


Link to post
Share on other sites
2 hours ago, Cryingdick said:

 

Food self sufficiency is  problem the USA will never have.

Especially now, given the loss of the Chinese market.

  • Thanks 1
  • Haha 1

Share this post


Link to post
Share on other sites
4 hours ago, bristolboy said:

It seems to me that the preferential exclusion of Bibles from the tariffs would violate the 2nd amendment. Should be either all books excluded or no books excluded.

What exactly do bibles have to do with the right to bear arms?

Share this post


Link to post
Share on other sites
On 8/14/2019 at 7:50 AM, webfact said:

Trump delays tariffs on Chinese cellphones, laptops, toys; markets jump

Too late.

Dow tumbles 800 points in biggest one day fall of year on global economic growth slowdown

https://www.marketwatch.com/story/dow-futures-down-over-300-points-on-global-growth-concerns-yield-curve-inversion-2019-08-14

Economic forecasters keep pointing to an increased possibility of a recession. JPMorgan Chase warned last week that the probability of a downturn over the next 12 months has climbed to 40%. Bank of America says the odds of a recession next year are greater than 30%.

http://lite.cnn.io/en/article/h_d643f746b211fd6b4478777bdd1fe1de

 

Share this post


Link to post
Share on other sites
1 hour ago, mikebike said:

What exactly do bibles have to do with the right to bear arms?

Wear them in place of a bullet proof vest?

Share this post


Link to post
Share on other sites
5 hours ago, bristolboy said:

It seems to me that the preferential exclusion of Bibles from the tariffs would violate the 2nd amendment. Should be either all books excluded or no books excluded.

Oops. Make that the 1st Amendment.

  • Thanks 1

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...