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re: China, Japan, South Korea will jointly respond to US tariffs
Posted on 3/31/25 at 3:30 pm to Burt Reynolds
Posted on 3/31/25 at 3:30 pm to Burt Reynolds
quote:
Are we great again yet?
Ahead of schedule to be honest and heading in the right direction. Keep the pedal to the floor.
Posted on 3/31/25 at 3:32 pm to Burt Reynolds
quote:
Wait until you find out it’s not short term and you fell for the propaganda again
I do not watch or listen to MSM so I am good. Thanks though.
Posted on 3/31/25 at 3:37 pm to Warboo
quote:
I do not watch or listen to MSM so I am good. Thanks though.
Where is the long term gain in a war with Iran and stock market crash?
Posted on 3/31/25 at 3:38 pm to Burt Reynolds
quote:
Where is the long term gain in a war with Iran and stock market crash?
This happened?
Posted on 3/31/25 at 3:42 pm to Burt Reynolds
quote:
Where is the long term gain in a war with Iran and stock market crash?
Oh I thought you we were talking about Asia and US tariffs or at least that is what this thread is about. I will answer though, hoping we do not have to level Iran and imposing sanctions like Trumps first term will basically crush them. No money and the terrorism that they finance comes to an end. Stock market crashing was inevitable and actually needed to reset false markets. It will rebound just like it always does.
Posted on 3/31/25 at 3:45 pm to Warboo
quote:
Ahead of schedule
Trying to create prosperity with taxation.
Posted on 3/31/25 at 3:47 pm to RogerTheShrubber
quote:
Ahead of schedule
Trying to create prosperity with taxation.
Trying to fix our trade deficit which in turn will create prosperity. Once other nations cannot steal from us like they have for decades tariffs will not be needed. Tax goes away and so does trade deficit.
Posted on 3/31/25 at 3:49 pm to RLDSC FAN
NO way Japan and S Korea go against us.
NO WAY
Since it is a joint statement, China has made a deal with Trump.
Absolutely no way Japan and S Korea go against the USA
Very green market tomorrow.
NO WAY
Since it is a joint statement, China has made a deal with Trump.
Absolutely no way Japan and S Korea go against the USA
Very green market tomorrow.
Posted on 3/31/25 at 3:50 pm to POTUS2024
You mean countries are pissed that they will face what they seek themselves.
Posted on 3/31/25 at 3:51 pm to Warboo
quote:
Trying to fix our trade deficit
You'll need to devalue the dollar
Posted on 3/31/25 at 3:56 pm to RogerTheShrubber
quote:
You'll need to devalue the dollar
Trade deficits have brought on an additional 1 trillion per year of the printing presses spitting out dollars. Every year we devalue the dollar because of it.
Posted on 3/31/25 at 3:57 pm to Warboo
quote:Thats not how it works. While trade deficits can effect the deficit, its not automatic
Trade deficits have brought on an additional 1 trillion per year of the printing presses
You people still think were on the gold standard or some shite.
This post was edited on 3/31/25 at 3:59 pm
Posted on 3/31/25 at 4:00 pm to RogerTheShrubber
quote:
Thats not how it works.
You people still think were on the gold standard or some shite.
The gold standard has nothing to do with the need for additional dollars to be printed because of those dollars gone from the country because of the trade deficit.
Posted on 3/31/25 at 4:00 pm to Warboo
quote:
China's economy implodes without exports to the US period. He has everything "left". Not only does he have a good hand he is also holding the deck.
China's economy was approximately $18 trillion in 2024. Of that, roughly $500 billion were exports to the USA. I think they'll be ok.
To affect change with China, we would need the help of other countries, and that doesn't seem to be happening.
Posted on 3/31/25 at 4:01 pm to RLDSC FAN
quote:
The comments came after the three countries held their first economic dialogue in five years on Sunday,
Don’t love this. Trump is creating groups of strange bedfellows. I get wanting things to be “fair” and to bring manufacturing jobs back to the U.S., but we’re already too entangled with everybody to just go full isolationists in 2025. He has to be more pragmatic. You can maybe put some of the toothpaste back in the tube, but not all.
And can we even fully manufacture anything in the U.S. without parts made with resources we either literally don’t have, or don’t have enough of to supply the final products? His ego can be an asset, but he cares more about “winning”—or at the very least not even the appearance of “losing” ANY negotiations, no matter how mundane.
And I’m pretty sure his tactics are out of the bag—every world leader has had access to “The Art of the Deal” for over a decade now. There are no secrets in his playbook anymore, and I think it makes him pretty predictable when it comes to most of this stuff. I don’t want an 80-year-old in his last term in office (we hope) who cares so much about his legacy to get into a bunch of games of chicken with different factions that are teaming together all over the world.
There’s never been a more important game of chicken in the history of the world than what JFK and Khrushchev got into during the Cuban Missile Crisis. Both men realized that the “best” deals are when both sides feel like they gave up something, or in Khrushchev’s case, at least something he could seek to the Russian people like the dismantling of the Jupiter missiles in Turkey. And a lot of this was
done in secret backchannels and wouldn’t come out until later. We didn’t know how much these 2 men prevented a world existential event.
I think an early 70s, 1st term Trump was much more pragmatic. Maybe he evolves back into that and is just using his mandate to be a hard arse for the 1st 18 months of his term to get as much done as possible and will settle down.
Or maybe what he’s doing will work—I am no economic expert. I just don’t like seeing Asian countries who have a history of not being allies team up, Europe and the EU team up, Russia, China, Iran, Canada and Mexico, and Central and South American countries do the same. We can’t fight trade wars and play chicken against the entire world just to feed his ego. If he really thinks it will work, I hope it does. But how long does continue all these games of chicken before backing off? Cause he’s playing it with American jobs, the American economy, the stock market, and the potential of putting American boots on the ground eventually. All things he ran against.
Does anybody actually have his ear? I would have thought his Chief of Staff and Vance. But I’ve got to think if they did, Mike Waltz would have been unceremoniously given the swift kick in the arse over a week ago.
And he shouldn’t even be hinting at a 3rd term right now. That’s terrifying for most of us who voted for him, but it’s giving ammo to his enemies.
Posted on 3/31/25 at 4:03 pm to Cosmo
I can tell you that Canon attributed 46% of global business to US sales. That's a lot of eggs in one basket.
Posted on 3/31/25 at 4:03 pm to RogerTheShrubber
There is some win/win regardless of how it shakes out. This will create incentive for domestic production. Or we get the premium access to our marketd should. We win both ways
Posted on 3/31/25 at 4:03 pm to RLDSC FAN
quote:
China, Japan, South Korea will jointly respond to US tariffs
Where's all this frickin' knee bending I've been hearing about?
Posted on 3/31/25 at 4:06 pm to Jack Carter
quote:
How about we make an example and pull our military out of Japan.
That’s not gonna happen. Hegseth has been over there and we’re working together to confront China.
quote:
US Defense Secretary Pete Hegseth says the Pentagon has started phase one of upgrading US Forces Japan to a Joint Force Headquarters. He says the upgrade will improve the US military's ability to coordinate with Japan's Joint Operations Command. Japan's Self-Defense Forces launched the Joint Operations Command on Monday to place all three of its branches under a single command, to better coordinate with US forces. Hegseth spoke during a joint news conference with Japanese Defense Minister Nakatani Gen after their meeting in Tokyo on Sunday. Hegseth described the talks as "a great success." He said: "We don't speak the same language, but we speak the same language. And we understand what threats look like." Hegseth said, "Today's meetings have affirmed the extraordinary strength of America's alliance with Japan." He said, "After today's discussion, it is clear to me that our alliance is the cornerstone of peace and security in the Indo-Pacific." When asked by a reporter about what the two sides discussed about Japan's defense expenditures, Hegseth said they "did not talk specific numbers." The secretary said the US is "confident that Japan will make the correct determination of what capabilities are needed." He said Japan has been "a model ally" and the US has "no doubt that will continue." Hegseth said, "we also both recognize everybody needs to do more." He said every aspect of this relationship "should draw stronger and more robust, and that makes it more likely" that the US and Japan are "able to deter, which makes it more likely that we have peace." Hegseth also criticized the administration of former US President Joe Biden. The secretary asserted that Russia's invasion of Ukraine in February 2022 and Hamas attacks on Israel in October 2023 would never have happened if Donald Trump had been US president at those times. Hegseth said "those incidents" created "a perception that America was not strong and wasn't prepared to deter conflicts from starting." He said that with the US back in the lead, "we will ensure in every way that we are leaning forward in that deterrence posture." Hegseth said the US Defense Department will work with its "friends" to "build an alliance so robust that both the reality and the perception of deterrence is real and ongoing, so that the Communist Chinese don't take the aggressive actions that some have contemplated."
NHK
Posted on 3/31/25 at 4:14 pm to Pandy Fackler
quote:
Where's all this frickin' knee bending I've been hearing about?
Your mom has been on top of it.
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