• We’re currently investigating an issue related to the forum theme and styling that is impacting page layout and visual formatting. The problem has been identified, and we are actively working on a resolution. There is no impact to user data or functionality, this is strictly a front-end display issue. We’ll post an update once the fix has been deployed. Thanks for your patience while we get this sorted.

Trump and China call cease fire on tariffs

Page 3 - Seeking answers? Join the AnandTech community: where nearly half-a-million members share solutions and discuss the latest tech.
realibrad said:
I think in net it would be a benefit to the world which would help the US. It should help grow global demand for many things which would drive up not only the US auto industry, but other industries.
Click to expand...

Maybe if US automakers had not been disadvantaged with metals tariffs which make their products less competitive in the export markets.

Long term I think more production will shift to China and SE Asia, like BMW is probably going to do with highly profitable CUVs, in order not to be subject to US political whim. US production will end up being for only domestic consumption. Foreign investment in the US is a greater risk now than any time I can remember in my lifetime and the metrics are cratering as you'd expect.
 
K1052 said:
Maybe if US automakers had not been disadvantaged with metals tariffs which make their products less competitive in the export markets.

Long term I think more production will shift to China and SE Asia, like BMW is probably going to do with highly profitable CUVs, in order not to be subject to US political whim. US production will end up being for only domestic consumption. Foreign investment in the US is a greater risk now than any time I can remember in my lifetime and the metrics are cratering as you'd expect.
Click to expand...


Those tariffs do not help, but, the US was never going to sell many cars in China anyway.
 
US indexes in retreat today. It's taking less time these days for the markets to figure out Trump's "agreements" really aren't agreements. Especially when the Chinese are saying something entirely different.
 
MCcwP2v.png


lol

every economist who isn't named Peter Navarro right now:

giphy.gif
 
SlowSpyder said:
https://www.bloomberg.com/news/arti...g-for-most-of-trump-s-trade-war-research-says

According to this article China is shouldering the vast majority of the financial burden from the tarrifs. Trump was right again, we're making money and forcing a better trade deal for America.
Click to expand...

Heh. "We" are taking money out of consumers' pockets and giving it to the govt to partially offset tax cuts for the Rich. "We" also don't seem to realize that competing with China keeps other suppliers honest, too. Funny how that works.
 
I guess according to Cheeto....the tariffs kill both deficits at the same time (trade and budget). Awesome!!! /s

And yes, the market is seeing right through Cheeto's bullshit. Dow down 600 today (after being up nearly 300 yesterday on the trade talk lie....er...announcement.)
 
Last edited:
lol, here is apparently an internal note at JP Morgan Chase to traders on how they should take the news:

It doesn’t seem like anything was actually agreed to at the dinner and White House officials are contorting themselves into pretzels to reconcile Trump’s tweets (which seem if not completely fabricated then grossly exaggerated) with reality.
Click to expand...

https://twitter.com/carlquintanilla/status/1069933748421095424

ie: Trump is yet again just blindly and furiously lying to try and make himself look good. It's a sad day when you can't believe a single word the White House says about...well...anything. That's reason enough to remove him from office in 2020.
 
Engineer said:
I guess according to Cheeto....the tariffs kill both deficits at the same time (trade and budget). Awesome!!! /s

And yes, the market is seeing right through Cheeto's bullshit. Dow down 600 today (after being up nearly 300 yesterday on the trade talk lie....er...announcement.)
Click to expand...

What's maybe most irritating about this whole thing is Trump's apparent continuing belief that other countries pay the tariffs.

They. fucking. don't. Americans pay the tariffs. That's how tariffs work.
 
fskimospy said:
What's maybe most irritating about this whole thing is Trump's apparent continuing belief that other countries pay the tariffs.

They. fucking. don't. Americans pay the tariffs. That's how tariffs work.
Click to expand...

Doesn't matter. His core base will pay the increased prices (tariffs) and believe every word that the man shits out.
 
I suppose there's some kind of Justice in Trump country taking the hit for Trump policy but I really don't like it at all. It's not Us against Them. As Americans, we all need each other.

Fucking Trump. Where the Hell else did he think the Chinese would retaliate other than in Ag products?

Kee-rist. If his "I could shoot somebody" premise holds true here then we're doomed.
 
K1052 said:
Maybe if US automakers had not been disadvantaged with metals tariffs which make their products less competitive in the export markets.

Long term I think more production will shift to China and SE Asia, like BMW is probably going to do with highly profitable CUVs, in order not to be subject to US political whim. US production will end up being for only domestic consumption. Foreign investment in the US is a greater risk now than any time I can remember in my lifetime and the metrics are cratering as you'd expect.
Click to expand...

Good note on steel tariffs too.

In an ideal production system, production occurs close to the customer and suppliers so inventory and transportation costs are minimized.

That's why any appreciable increase in foreign car purchases in China will likely result in the manufacturer setting up plants and supply chains in that market. It's the reason we have Toyota, BMW, etc plants in the US.

Ie.. it's not going to restart the GM plants that were scheduled to be shuttered. Only local consumption will do that.

Neat history fact, Lean manufacturing techniques were revolutionized and championed by Toyota with the Toyota Production System. It's the standard in auto manufacturing and it's logic has spread to many, many other industries since it was developed by the Japanese.

8-Wastes_v3_GoLeanSixSigma.com_.png


lean-history-ict-history-2-728.jpg
 
Last edited:
At the signing ceremony for the new NAFTA deal, Trump apparently singed one copy in the wrong place. Everyone around him recognized the error, and Trudeau has an especially pained expression on his face. Trump, realizing that he's screwed it up, asks nonchalantly,"which is the one that matters". Trudeau says, "Each of us get a copy".

If you haven't cringed enough today, take a look at the clip: The man is smokin' hot..he's on a roll

https://twitter.com/MuhammadLila/sta...09790802784257
 
VRAMdemon said:
At the signing ceremony for the new NAFTA deal, Trump apparently singed one copy in the wrong place. Everyone around him recognized the error, and Trudeau has an especially pained expression on his face. Trump, realizing that he's screwed it up, asks nonchalantly,"which is the one that matters". Trudeau says, "Each of us get a copy".

If you haven't cringed enough today, take a look at the clip: The man is smokin' hot..he's on a roll

https://twitter.com/MuhammadLila/sta...09790802784257
Click to expand...

Jesus Christ... That is one of the funniest (and saddest for our nation) clips I've seen.

Guess that means the fucked up one is our copy now. Let Trump put it out proudly on display.
 
You must log in or register to reply here.

TRENDING THREADS

Back
Top