Miscellaneous News

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Iracundus

Junior Member
Registered Member
iewgnem said:
One usually don't consider one's neighbour deploying combat troops on your border to be a concession, but hey Americans are special.

Stock market tanked and Trump panicked, it's pretty simple.
I did not expect him to capitulate this easily and quickly though, the entire world is watching and he just humiliated himself...
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He's just going to claim Mexico buckled and knelt down to him, then preen and strut around like a peacock claiming he won. That's effectively what he did with the wall.

However I don't think Canada nor Mexico should give him even the pretense of appearing to win, as that would just reinforce his extortionist behavior.
 
proelite

proelite

Senior Member
FriedButter said:
Outside the usual purchases promises. Why would the Chinese invest in US batteries. They aren’t allowed to sell Chinese EVs. They aren’t allowed to manufacture their vehicles there either. Their investments will be robbed when Congress gets paranoid. Is this person hoping that Trump can force China to give up their IP on batteries to Reichsleiter Elon Musk?
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China can give up all their IP to the US and the US will not be able to do anything with it. I'm not worried about Congress robbing investments, I'm more worried about manufacturing investments in the US being equivalent to lighting money on fire.
 
S

Serb

Senior Member
Registered Member
proelite said:
China can give you up all their IP to the US and the US will not be able to do anything with it.
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Americans can't even do anything with their own IP. Instead, megacorps just hoard them so the competition can't emerge and they can continue to rent seek. That's why you see such a humongous mismatch between the R&D, papers, patents, claimed, and real-life results.
 
I

iewgnem

Captain
Registered Member
Iracundus said:
He's just going to claim Mexico buckled and knelt down to him, then preen and strut around like a peacock claiming he won. That's effectively what he did with the wall.

However I don't think Canada nor Mexico should give him even the pretense of appearing to win, as that would just reinforce his extortionist behavior.
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I mean, you can't stop someone from claiming credit for making the sky blue.

Practically, even ignoring how Meixco already have troops near the border or that they're already suppose to prevent drug trafficking, Trump removed the tariffs immediately without waiting for Mexico to do anything, the entire world just saw his bluff gets called and will act accordingly regardless what he claims.
 
FriedButter

FriedButter

Brigadier
Registered Member
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Trump wants U.S. banks in Canada, he says after speaking with Trudeau​

Mr. Trump, meanwhile, is making fresh demands for Ottawa to allow American banks greater latitude to operate in Canada, following the first of two phone calls scheduled with Mr. Trudeau on Monday.

“Canada’s doesn’t even allow U.S. Banks to open or do business there. What’s that all about?” Mr. Trump wrote on Truth Social Monday morning.
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So the new demand is that Canada must deregulate the banks to allow US banks to enter because they refuse to meet the tighter Canadian regulations.
 
FriedButter

FriedButter

Brigadier
Registered Member
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White House says Canada has 'misunderstood' tariff order as a trade war, Mexico is 'serious'​

WASHINGTON, Feb 3 (Reuters) - The White House said on Monday it has noticed that Mexico is "serious" about President Donald Trump's executive order on tariffs, but Canada has "misunderstood" it to be a trade war between the neighboring countries.

Trump on Saturday ordered sweeping tariffs on goods from Mexico, Canada and China, demanding they stanch the flow of fentanyl and illegal immigrants into the U.S., kicking off a trade war that could dent global growth and stoke inflation.

"The good news is that in our conversations over the weekend, one of the things we've noticed is that Mexicans are very, very serious about doing what President Trump said," Kevin Hassett, the director of the White House's National Economic Council, said on CNBC.

"Canadians appear to have misunderstood the plain language of the executive order and they're interpreting it as a trade war," Hassett added.

When asked what Canada and Mexico must do to lift the 25% tariffs that Trump announced on Saturday, the president told reporters on Sunday they "have to balance out their trade, number one."

"They've got to stop people from pouring into our country ... they have to stop people pouring in, and we have to stop fentanyl. And that includes China," said Trump, who announced an additional 10% tariff on Chinese goods.

The president also said the tariffs against the three largest U.S. trading partners, which take effect on Tuesday, might cause Americans some short-term pain, but "long term, the United States has been ripped off by virtually every country in the world."

Trump also indicated on Sunday that the 27-nation European Union would be next in the firing line, but he did not say when.

Hassett, when asked if Trump's policies will create more inflation, said one needs to look at all of the president's policies together. "I think this is going to be one of the biggest supply-side positive shocks that we've ever seen," he said.

The NEC director also said Trump will ultimately decide "what he's going to call off and what he's not" in terms of tariffs.
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S

supersnoop

Colonel
Registered Member
sdkan said:
Trump wants to bring manufacturing back to America
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Through black magic no doubt
Where is the comprehensive education plan to educate workers in things like CNC operation or other equipment?
Where is the plan to facilitate land acquisition and construction at an affordable price that will net a positive ROI for a company for something as investment heavy as manufacturing?
Where is the plan to finance equipment acquisition as above, since companies love to talk about "asset light"?
Where is the plan to attract foreign talent to staff supervisory positions in a new plant?
Where is the plan to build a comprehensive supply chain? Did you know US companies are already buying things like CKD kits for LCD TVs to put "Assembled in America" on the box? If you wanted to build the actual TV in America, where do you begin? Panel plant? Electronics plant to create the mainboard? LCD driver chips?
Anyone who wants to know the difficulty (not impossibility) of "Made in America" should read the story of the Mac Pro. The company did not have the right equipment to produce a certain kind of screw.
Look at Chinese companies investing in American manufacturing like CRRC and Fuyao, Chinese engineers and training in China for American staff is required due to skills attrition in the US.
 
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