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re: Trump whining once again about strong dollar--blast EU for rate cut weakening the Euro
Posted on 6/18/19 at 9:55 am to I B Freeman
Posted on 6/18/19 at 9:55 am to I B Freeman
I B Chinaman you gods are taking it in the shorts
UAWEI MAY BE feeling the sting of US efforts to rein in the Chinese telecom giant.
In April, Huawei reported a 39 percent increase in first-quarter revenue, despite US efforts to dissuade allies from doing business with the firm. But the company now expects its revenue to decline to $100 billion this year from $107 billion last year, founder and CEO Ren Zhengfei said during an event Monday.
Ren blamed the US decision to add Huawei to a list of companies that are essentially banned from buying US-made technology, including the software and microchips the company uses to build its smartphones and infrastructure gear. The bans will cost Huawei around $30 billion in revenue this year and next, Ren said through a translator at a livestreamed discussion that also featured US investor and writer George Gilder and MIT Media Lab founder and early WIRED investor Nicholas Negroponte. He also confirmed a Bloomberg report that Huawei’s phone sales overseas fell 40 percent over the past month.
UAWEI MAY BE feeling the sting of US efforts to rein in the Chinese telecom giant.
In April, Huawei reported a 39 percent increase in first-quarter revenue, despite US efforts to dissuade allies from doing business with the firm. But the company now expects its revenue to decline to $100 billion this year from $107 billion last year, founder and CEO Ren Zhengfei said during an event Monday.
Ren blamed the US decision to add Huawei to a list of companies that are essentially banned from buying US-made technology, including the software and microchips the company uses to build its smartphones and infrastructure gear. The bans will cost Huawei around $30 billion in revenue this year and next, Ren said through a translator at a livestreamed discussion that also featured US investor and writer George Gilder and MIT Media Lab founder and early WIRED investor Nicholas Negroponte. He also confirmed a Bloomberg report that Huawei’s phone sales overseas fell 40 percent over the past month.
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Posted on 6/18/19 at 9:56 am to PickupAutist
quote:
After the unsettling feeling of upvoting two of your other topics, it feels good to get to downvote again.
Got to keep you on your toes!!
However there is nothing in the OP that is wrong. It is simply fact. Downvote it and you are down voting Trump's policies---and rightfully so. (well there is some commentary in there but Navarro is a failed democrat politician and should not be running trade policy and there 25% tariffs on importers of European steel and Trump is whining about the strong dollar)
This post was edited on 6/18/19 at 10:24 am
Posted on 6/18/19 at 9:57 am to I B Freeman
Do you ever get tired of being a stone cold loser?
Nothing you post is ever correct
Nothing you post is ever correct
Posted on 6/18/19 at 9:59 am to SDVTiger
What is incorrect???
That Trump is whining about the strong dollar? no that is correct
That Navarro is a failed democrat politician with no resume for the position he is in? no that is correct
That Trump is whining about the strong dollar? no that is correct
That Navarro is a failed democrat politician with no resume for the position he is in? no that is correct
This post was edited on 6/18/19 at 10:00 am
Posted on 6/18/19 at 9:59 am to I B Freeman
quote:
Trump whining once again about strong dollar--blast EU for rate cut weakening the Euro
So what?
Posted on 6/18/19 at 10:05 am to I B Freeman
Everyone is making fun of you..... mission accomplished?
Posted on 6/18/19 at 10:10 am to I B Freeman
quote:Mario Draghi is engaged in a policy of "AnythingItTakes Stimulus2.0". Are you even hinting he is not doing that to asymmetrically advantage the EU . . . REGARDLESS OF TARIFFS.
Watch for more tweets critical of the FED because they have not lowered rates yet.
Australia is easing as well.
Meanwhile, there is not a hint of escalating inflation here.
WTF do you think the Fed should do?
Posted on 6/18/19 at 10:13 am to NC_Tigah
No I am saying when your goal is to damage the economies of a trading partner by imposing tariff on the citizens of your country that are customers of this trading partner don't whine about a strong currency relative to the currency of the country you seek to damage. Your own policies contributed to the devaluation.
This post was edited on 6/18/19 at 10:15 am
Posted on 6/18/19 at 10:17 am to I B Freeman
Wondering when OP will bump thread about the DJIA being impacted long-term from his "trade wars" with China.
Posted on 6/18/19 at 10:20 am to Golfer
Of course it has been. Look at the rally today on a just a little positive news on trade.
These tariffs go away and look for Dow 30,000 all other things held constant.
These tariffs go away and look for Dow 30,000 all other things held constant.
Posted on 6/18/19 at 10:23 am to I B Freeman
quote:
are you just whining about the biggest issue facing the US economy today???
Economy is humming along rather nicely, despite your fear mongering. So sad for you.
Posted on 6/18/19 at 10:24 am to I B Freeman
quote:What is their goal?
No I am saying when your goal is to damage the economies of a trading partner by imposing tariff
What was their goal over the years of manipulated trade asymmetry?
What is the goal of the tariff threats you are whining about?
You'd have a point if Trump had no intention of removing tariffs. In fact though, Trump's goal is fair trade. Just treat us as well as we treat you. The tariff is a means to that end. When achieved, the tariff will go away. Meaning you have no point.
Posted on 6/18/19 at 10:28 am to I B Freeman
quote:
Of course it has been. Look at the rally today on a just a little positive news on trade.
These tariffs go away and look for Dow 30,000 all other things held constant.
This is great. You want short-term credit in the market for both sides of the negotiation.
Posted on 6/18/19 at 10:30 am to NC_Tigah
quote:
You'd have a point if Trump had no intention of removing tariffs. In fact though, Trump's goal is fair trade.
We shall see.
Why do I suspect his bigger goal is re-election and the states of PA, WI, MI and OH are on his mind???
He has a protectionist democrat grifter as Secretary of Commerce and his main advisor on trade is a failed democrat politician that bashed conservatives his entire life.
I thought for sure he would end them in April but when poll numbers showed strong support of the tariffs in the swing union states he backed up.
Hopefully they will end soon.
Posted on 6/18/19 at 10:31 am to Golfer
No that is you and Trump.
Surely you do not believe this trade war has been good for the stock market?
Surely you do not believe this trade war has been good for the stock market?
Posted on 6/18/19 at 10:32 am to I B Freeman
quote:
Hopefully they will end soon.
They'll end when China and Europe play nice.
Posted on 6/18/19 at 10:33 am to I B Freeman
Go learn who controls the fed reserve and then come back. It’s a fricking joke, they are only doing this cause Trump is president
Posted on 6/18/19 at 10:34 am to I B Freeman
quote:
No that is you and Trump.
I'm not the one starting threads about the Dow being off 1750 points in a month sarcastically exclaiming "MAGA BABY!"
quote:
Surely you do not believe this trade war has been good for the stock market?
Long-term, yes. The result of the trade war will be good for the market.
This post was edited on 6/18/19 at 10:35 am
Posted on 6/18/19 at 10:34 am to I B Freeman
quote:
Huge steel tariffs on Americans importing from Europe
Posted on 6/18/19 at 10:37 am to Golfer
quote:
I'm not the one starting threads about the Dow being off 1750 points in a month sarcastically exclaiming "MAGA BABY!"
That 1750 points was 100% the result of Trump accelerating the tariff imposition. Why would anyone think differently?
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