- Jun 22, 2001
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You were one of the idiots who were calling for the Trade War with the EU, fail indeed.lmao thread fail
You were one of the idiots who were calling for the Trade War with the EU, fail indeed.lmao thread fail
lol what? Agribusiness is more high tech than ever and owned by large corporations. Most of the farming infrastructure is already in place. Steel isn't going to affect them at all.Like keeping the steel tariffs and lower soybean prices is helping farmers. They are huge consumers of steel (tractors, silos, barns, etc), so input costs go up, meanwhile prices go down.
Margins get squeezed and they are pissed.
Trump offers welfare. They and everyone else yells him to fuck off.
Yes. Master negotiator. Amazeballs. How did he ever bankrupt all those casinos with such a brilliant business mind like that.
Go ahead and spell it out, champ.
U.S. soybean exporters have few options other than to target the EU after China imposed an additional 25% tariff on American soy imports. Still, European purchases aren’t likely to make up for reduced Chinese demand. The Asian country is the world’s biggest soybean importer and is forecast to buy more than six times the bloc’s 15.3 million metric tons in 2018-19. Last year, China bought about 33 million tons from the U.S.
“Will U.S. LNG reach Europe? Yes, but only if there is an arbitrage opportunity that makes sense,” he said.
If Trump is such your hero boy what the fuck is up with the 12B welfare check for farmers.So you don't think this is a huge win for both sides? And you don't think Trump won't be pimping this "yuge" haul for America? He did something Obama and W never had the balls to do - ask for more. Just like when you are negotiating salary when you're hired - you ask for as much as they're willing to give you. In this case, it wasn't even really greed but the fact that other countries were ripping us the fuck off.
Trump has a gift, just admit it. He played Juncker and the EU like a fiddle and this will help mitigate any damage to our farmers if the China trade war continues (which it probably won't past mid terms). Though not sure how much work he actually had to do considering we had all the leverage anyway, economically and militarily. They aren't going to do something stupid like severe military ties which leaves them vulnerable to Russia if we pack up and leave.
Trump has a gift, just admit it.
Didn't Bayer (a German company) just buy Monsanto who has a virtual monopoly on soybean's sold in the US as well as Round Up the weed killer they drown the soybeans in? Good for a Germany company and their stockholders I guess.
Exactly this. Whats (not) amazing is that his supporters just don't get it. It's as if they, also, have absolutely no idea what the fuck they're talking about.I called it exactly. The EU made some meaningless ‘concessions’ so that Trump could declare victory in solving a problem he created.
The EU played him the same way everyone else has played him.
A giant nothing burger... with a little gravy.
My takeaways
1. Juncker came in smart with a gameplan, suck up to the man, use his rethoric publically, give alot of nothings in return. Where have we seen this before?
2. I dont know how much natural gas we are talking about but if it puts a dent in nordstream2 then great.
Yea that link... I wish they would stfu about that.. luckily Trump has other headlines to fill his head with these coming days... days of Cohen..Colorful simple cards to explain this also apparently helped:
http://thehill.com/policy/finance/i...used-colorful-simplified-cue-cards-to-explain
Almost like Trump has no idea how any of this works. Or perhaps he might be incredibly dumb.
I would be somewhat surprised if the EU actually ends up importing significantly more soybeans. Per this they could literally import just one additional bushel and call it good. Course the EU can't really force any particular member state to do this.
Colorful simple cards to explain this also apparently helped:
http://thehill.com/policy/finance/i...used-colorful-simplified-cue-cards-to-explain
Almost like Trump has no idea how any of this works. Or perhaps he might be incredibly dumb.
I would be somewhat surprised if the EU actually ends up importing significantly more soybeans. Per this they could literally import just one additional bushel and call it good. Course the EU can't really force any particular member state to do this.
From your own article:Speedy is quite the cheerleader, huh?
https://www.bloomberg.com/news/arti...s-eu-purchases-dwarfed-by-china-s-u-s-imports
His understanding of the steel market is piss poor, as well. Mills have become specialized & much more horizontally integrated at the international scale. It takes huge capital investment to tool up to produce different kinds of steel. Outfits like Evraz won't do it on the basis of Trumpian whim so American users of their Canadian products will just have to pay more.
https://www.evrazna.com/LocationsFacilities/RockyMountainSteelMills/tabid/71/Default.asp
LNG? There are no EU tariffs on LNG & no obligation to buy they stuff unless the deal is right-
https://www.reuters.com/article/us-...in-europe-to-face-reality-check-idUSKBN1KG275
It's like the N Korea deal. Ain't nuthin' there.
It just shows once again that facts have a liberal bias.
That sure as shit seems like a big win for us for now. They pose big "what if's" as if these companies will work with China and assume LNG will stay tariff free from China. Fat chance, especially if contracts are in place.A number of European companies have already announced plans to buy LNG from a new wave of planned U.S. projects.
Portugal’s Galp, Italy’s Edison, Britain’s BP and Royal Dutch Shell are all lining up to lift LNG from Venture Global’s planned Calcasieu Pass project in Louisiana.
But supply from these and other projects will not be ready for years and even then there is no guarantee it will come to Europe in meaningful quantities if more lucrative markets, such as China, emerge.
The benefit of lifting supplies from the U.S. is that a buyer can divert shipments to the highest bidder anywhere in the world without needing the approval of the seller.
Lol what? Do you have any idea how little steel and aluminum is imported from the EU. This does nothing.
Steel
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Aluminum
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You’re not living in reality. Keeping tariffs does not help manufacturing which is where the biggest hit will be taken.
Hey, you got the man down pat.Isn't what he is now getting ready to call a victory in negotiating with the EU is pretty much what he cancelled TPP over? Saying he'd done a great thing for the American workers. And when announcing the first tariffs he wasn't just presenting them as negotiation pressure, he also praised tariffs as a good thing in and of themselves.
Is Trump just raising tariffs just because he can? Congress gave that power to the President. So Trump sees a button and he pushes it because it's there. He gets in the news by doing something Presidential without any thought going in to whether or not what he's doing is a good idea.
A couple of months back, Trump began issuing pardons for what was probably the same reason. Before that, he was issuing a bunch of executive orders. Or firing members of his staff. Next month, he may be renaming aircraft carriers.
We're all trying to figure out what deep strategy Trump is signalling when all he's really doing is fidgiting. inflaming and causing chaos.
I think we're being too hard on Trump. It seems he might have learned at least a few things with the aid of the EU.
https://amp.businessinsider.com/trump-trade-tariffs-eu-colorful-cards-2018-7
lol what? Agribusiness is more high tech than ever and owned by large corporations. Most of the farming infrastructure is already in place. Steel isn't going to affect them at all.
Welfare is just a stopgap until NAFTA gets reworked, just like the EU did.
