Tariffs

[WeAAsles]

Sounds great, then there's this:

Japan’s finance minister has publicly identified the country’s more than $1tn holdings of US Treasuries as a “card” in its trade negotiations with the Trump administration, in a rare baring of teeth by America’s closest ally in Asia.
Speaking during a television interview on Friday, Katsunobu Kato was asked whether Japan would use its traditional stance as a non-seller of Treasuries as a tool in trade talks with Washington.
“It does exist as a card,” said Kato, adding that “whether or not we use that card is a different decision”.
Japanese holders, including the government, own $1.13tn of Treasuries, the largest hoard held by a foreign nation.

Japan says US Treasury holdings could be ‘card’ in trade talks

Finance minister Katsunobu Kato hints that country’s more than $1tn in Treasuries gives it leverage in negotiations

www.ft.com

Every Country is going to tout up their own leverage in negotiations. And I don’t think any Asian Countries outside of China 🇨🇳 are not going to make new deals with the USA 🇺🇸 China 🇨🇳 doesn’t really abide by the good neighbor policy and I’m sure they still have an axe to grind with Japan 🇯🇵 with what they did to them during World War 2.

 

[KCFlyer]

Every Country is going to tout up their own leverage in negotiations. And I don’t think any Asian Countries outside of China 🇨🇳 are not going to make new deals with the USA 🇺🇸 China 🇨🇳 doesn’t really abide by the good neighbor policy and I’m sure they still have an axe to grind with Japan 🇯🇵 with what they did to them during World War 2.

Other countries are already looking to China as a trading partner to replace the US. Singapore is one - The US runs a trade surplus with them yet we slap them with a 10% tariff. FWIW, it's hard to tell what people will overlook. I mean, Japan is one of our biggest trading partners we dropped not one but TWO nukes on them.

 

[WeAAsles]

The problem is people just want to hear themselves talk and not actually listen to anything. And if they do listen to anything they only want to listen to one sided media or people who will parrot them. They also don’t listen to people who tell them that they don’t want to waste their time with them because they know the boulders that can’t be moved.

But for the “others” this is a person they should listen to.

 

[WeAAsles]

The reality here is very simple. British carmakers are going to raise prices for US consumers to try to make up for losses on their end. Americans will have a choice if they want to pay those increased prices or buy US and USMCA alternatives. The more Americans say they don’t want or can’t pay those increased prices the more the Brits will have to eat those costs.

This is how supply and demand works. Lots of different Car companies selling here in the USA 🇺🇸 Some have more components by percentage sourced here locally than others and those are going to see a much bigger boost in sales than those British and German car brands.

Jaguar Land Rover restarts car exports to the US despite Trump tariffs

Jaguar Land Rover has resumed shipments of its cars to the US after apparently shrugging off concerns about Donald Trump 's trade tariffs, which will see a 25 per cent levy on foreign cars.

www.dailymail.co.uk

 

[WeAAsles]

“An 11 year old don’t need 30 dolls, or someone doesn’t need 250 pencils” A bunch of Chinese 🇨🇳junk.

 

[WeAAsles]

41st US Secretary of Commerce Howard Lutnick

 

[WeAAsles]

 

[WeAAsles]

 

[delldude]

Other countries are already looking to China as a trading partner to replace the US. Singapore is one - The US runs a trade surplus with them yet we slap them with a 10% tariff. FWIW, it's hard to tell what people will overlook. I mean, Japan is one of our biggest trading partners we dropped not one but TWO nukes on them.

Nobody will replace the US market with China, we just consume a huge volume. China will see more goods made in country and not just here.

 

[Dog Wonder]

Who in this country is going to make all that stuff we consume?

 

[WeAAsles]

Nobody will replace the US market with China, we just consume a huge volume. China will see more goods made in country and not just here.

The Tariffs are going to make all that slave labor garbage we bring over here more expensive so much less of it will be coming in. Stores like Burlington and Ross will likely go out of business over time. I think part of what the Trump Administration is doing is meant to stop all this pollution we’re creating.

Think about this and then add all the other **** we throw away.

 

[KCFlyer]

The Tariffs are going to make all that slave labor garbage we bring over here more expensive so much less of it will be coming in. Stores like Burlington and Ross will likely go out of business over time. I think part of what the Trump Administration is doing is meant to stop all this pollution we’re creating.

Think about this and then add all the other **** we throw away.

So the purpose of the tariff is to get people used higher prices. So if we have a 145% tariff on goods from China but a 30% tariff on Vietnam. And companies have shareholders and we shareholders want value for their investment. Are they willing to spend a ton of money to build a factory and pay American wages, or are they more willing to pay less money to build a factory in Vietnam and save 105% on how we price our goods in America? Shareholders will want more "value". So they will NOT allow a company to eat the tariffs. So we still pay a little more, but we didn't bring manufacturing back to the US and even if we did, Artificial Intelligence is doing most of the work. So other than higher prices for Americans, what do these tariffs get us?

For what it's worth....for those who want to bring manufacturing back to America, there really is something you can do...If you don't like giving money to China when you buy a pair of jeans,, the buy your jeans at a place like this https://originusa.com/collections/denim . IT's been around here for almost 14 years. The jeans are pricier, but they are all American made. And here is what the tariffs will do - A pair of Chinese Levi's is $24 at Walmart. if the 145% tariff is totally passed on to the consumer, the price would go up to $59. You need a pair of jeans. Chinese Levis now cost $59 and American made jeans cost $99 - which ones do you buy? If Levi's says they are going to make all their jeans in the US and they are now $99 - did we win anything?