Trump 2.0 official thread

horse

horse

Colonel
Registered Member
Michael90 said:
Name me one major policy commitment BRICS countries have commonly adopted Which is impacful? Lol.
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No US dollars are being used to conduct Russia and China trade.

That is so huge, that is why that is never or rarely mentioned in the Western media. Even the financial is reluctant to say that basic fact out loud.

We only need to ask ourselves, why would we expect ASEAN and China along with BRICS to continue to use US dollars for their trade?

There is no reason to do that, or expect that to last.

It is what is said in the Zhuang Tzu. A path is made by people walking on it. That is the ways of the world.

I think China really likes the direction that the BRICS is going. This is not spectators sports, no cheering, no need to jump on a bandwagon.

Just small steps all in measured increments, that will change the world.


A trifle example, those travel videos. Five to ten years ago, there were travel videos, not that they were that much fun to watch.

But now, it is like a spectacle. Chongqing is like an ancient scroll painting that has come to real life!

It is so visually stunning.

How did Chongqing become so worthy of being filmed?

All in small incremental steps of improvement and gentrifying the city landscape.

:D
 
horse

horse

Colonel
Registered Member
Thing about the BRICS, there is a banker in that group, and we all know who that is. In fact, that is the biggest creditor nation on this planet.

With how Russia and China can take their trade to new records, without using a single USD, that means the institutional framework is already in place and in usage.

The financial pillar for the BRICS is in place for anyone wants to use it, in other words.

Loans, access to growing markets, settlement of trade, you name it, the BRICS can do it, without involvement of people who want to sanction you like a Huawei, or arrest you like a Duterte, or tariff you like a Lula.

The future is here, it has arrived.
 
AssassinsMace

AssassinsMace

Lieutenant General
No one knows what Trump wants in a deal. Trump’s strategy is literally to destroy everyone’s economies. Why? Because it’s the simpleton Republican mentality that the US needs no one but everyone needs the US. All of the US’s allies are in bewilderment hoping that Trump will eventually treat them as allies when he sees them as the enemy. He’s even said the EU was created to undermine the US. Do you think he sees friendship in there? If one thinks that they need no one but everyone needs them, they think they have all the cards and can hold out longer than anyone else until they surrender unconditionally. It should sound familiar to them because that’s how they all want to believe that with China. And they’re all just as bull-headed believing that’s the case just like how Trump is treating them.
 
J

jiajia99

Junior Member
Registered Member
AssassinsMace said:
No one knows what Trump wants in a deal. Trump’s strategy is literally to destroy everyone’s economies. Why? Because it’s the simpleton Republican mentality that the US needs no one but everyone needs the US. All of the US’s allies are in bewilderment hoping that Trump will eventually treat them as allies when he sees them as the enemy. He’s even said the EU was created to undermine the US. Do you think he sees friendship in there? If one thinks that they need no one but everyone needs them, they think they have all the cards and can hold out longer than anyone else until they surrender unconditionally. It should sound familiar to them because that’s how they all want to believe that with China. And they’re all just as bull-headed believing that’s the case just like how Trump is treating them.
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Trump wants everything and in the end he will get nothing because contrary to how the USA runs on those with money has the power, the real world outside the USA doesn’t work like that at all. Every action has a consequence and you can only throw your weight around so much until push back occurs and once the world finds out that resources and capital can be saved via throwing the USA out of international trade and refuse the use of the dollar, the USA simply cannot be a super power any longer. Sure the push back is small individually but it all adds up, especially when all of it is directed at one nation
 
Wrought

Wrought

Senior Member
Registered Member
Turns out the alleged deal with Vietnam might be well, uh, not.

Vietnam thought it had a preliminary deal with the U.S. to lower its tariff level substantially. Then, at the last minute, President Donald Trump raised the rate.

As a result, the Vietnamese government still has not formally accepted a key part of the agreement the president
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, despite Trump’s claim in the post that the terms had been agreed to by Vietnam’s leader, Tô Lâm, according to four people familiar with the discussions and granted anonymity because of the sensitivity of the issue. And neither side has released documentation of those terms, raising questions about whether they did, in fact, reach an agreement
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Agreed on 11%, get blindsided with 20%.

That sent shock waves through Vietnam because their negotiators had not, in fact, agreed to the 20 percent rate; they believed the tariff rate would be around 11 percent, according to the four people. Trump disregarded that figure in his phone call with Vietnamese General Secretary Lâm — who had not been part of the initial tariff negotiations — and instead declared the U.S. would impose a tariff nearly twice as high.

Some on the U.S. side were surprised, too, including outside groups who’d been tracking the talks, according to one Washington-based lobbyist who works with Vietnam and other Asian governments.

“Trump sandbagged everybody,” said the lobbyist. They described the Vietnamese government’s reaction as “surprise, as well as disappointment and anger.”
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For its part, Vietnam has been keeping its mouth shut while Trump crows about it.

Hanoi has said little publicly about the tariff rates since Trump announced them on social media. A
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on the deal published July 2 didn’t mention any agreed-to duties. Instead, the report said that Trump’s call with Lâm had resulted in a “Joint Statement on a fair, balanced reciprocal trade agreement.” That joint statement has yet to be released.

That may reflect Hanoi’s frustration at Trump’s move to derail the original agreement. A copy of
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the same day Trump announced the deal outlined more favorable trading conditions for Vietnam, including a “substantial reduction” in the U.S. tariffs on Vietnam’s imports.
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After all, if you won't keep your own word then why bother negotiating with you at all?

“Certainly their trust in the U.S. as a reliable partner, which has been built over the last 30 years, will take a big hit,” said Scot Marciel, a former deputy assistant secretary of State for East Asia and the Pacific, who led the U.S. Embassy’s political and economic section in Hanoi from 1993 to 1996. “Purely in terms of U.S.-versus-Chinese influence, China will benefit from this.”

Other countries are also aware of the last-minute change to the agreed tariff rates and have discussed it with each other, according to one of the people cited above as well as an Asian diplomat, highlighting the uncertainty U.S. trading partners feel as they continue negotiations with a president who seems to alter his tariff threats at whim.

“To have the president do that basically pulls the rug out from the credibility of the negotiators, and other countries are watching this stuff,” said Harry Broadman, a former assistant U.S. trade representative in the George H.W. Bush and Bill Clinton administrations. “If you’re going to the negotiating table with country X, and they just saw country Y did a deal but then it was undercut, they’ll say, ‘Why am I spending time with you? And how do I know that what we agree here is going to be ultimately what the final deal is?’”
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C

CMP

Senior Member
Registered Member
Wrought said:
Turns out the alleged deal with Vietnam might be well, uh, not.



Agreed on 11%, get blindsided with 20%.



For its part, Vietnam has been keeping its mouth shut while Trump crows about it.



After all, if you won't keep your own word then why bother negotiating with you at all?



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Are we 100% sure Trump is not a Chinese plant?
 
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