Trump set a trap and just stepped right into it. Boggles my mind that he said 124% on China, everybody else gets a temporary reprieve. Maybe he'll rescind on China, but he's making it hard to look like doing so is anything but a game of chicken that he lost crosseyed.The Chinese can afford to wait things out until the American public gets a load of the new price tags on a huge range of consumer goods and goes insane.
I don't see Don's sons having MAGA loyalty. When I say Trump as an outsider, I mean an outsider, not someone with influence. He may spend some time not dead but lacking the ability to be influential due to obvious dementia.Even as an outsider Trump will have power. He did during the Biden era. And even after he passes, are we sure that his son's won't be able to pick up the MAGA loyalty?
I don't think he cares that the rest of the world thinks he's an idiot, we've done that since the first term. But maybe some backers in the shadows are getting unruly.Trump is probably going through much pain. From realizing that he is now the laughing stock of the world. And by climbing down from his tariffs plan he is basically admitting that it was stupid to begin with. Imagine the beating his ego must be going through.
You can go euro stoxx 600 which are the 600 largest companies in Europe.Where would people invest? If you look at the biggest stock ETFs (going by fund size) according to justetf - they're almost all either S&P 500 or dominated by USA:
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Even MSCI World is 68% USA as well.
EU would really prefer a sane US president to fight against China, as they have no love for China. But they have even less respect for Trumps politics.umm is that a sarcastic post or a genuine one?
The US is only about 15% of China's exports.
And the EU is already looking to get on China's good side as the US is unreliable.
That isn't just maybe. The still-living Koch brother and Elon have publicly chafed at the tariffs in recent days. People that haven't are either keeping quiet or fulfilling their roles as MAGA acolytes. It was said on network TV news tonight that last night some close to him in his cabinet explained to him that the beating the US was getting in the bond market was more than an ominous warning that he better back down. He tried to make it appear to not be a capitulation saying that dozens of countries were calling him to make deals. I don't know where the standoff with China is going but if it remains as is, IMO a major recession is certain.I don't think he cares that the rest of the world thinks he's an idiot, we've done that since the first term. But maybe some backers in the shadows are getting unruly.
EU would really prefer a sane US president to fight against China, as they have no love for China. But they have even less respect for Trumps politics.
Because they are using their soft power to get influence all over the world which does not align with our values, and at a certain point they might no longer only use soft power...Taiwan as a first.Why there's a "need" to "fight" China anyway?
Because they are using their soft power to get influence all over the world which does not align with our values, and at a certain point they might no longer only use soft power...Taiwan as a first.
But as Trump has also threatened to take territory with force, it and European allied territory no less, then China was actually the lesser evil, even as a communist dictatorship.
Obviously I cannot speak for everyone, but as an American you should feel welcome in Europe, but you really have to stop electing idiots as presidents.
Huh?If only some of us told all you Trumpers, Donald is a hateful racist incompetent fuck maybe we wouldn’t be in this mess.
Oh yeah, we did tell you and your response was that it was TDS and fake news.
And now we have it. He just trashed a great US economy right in front of your eyes
I think many in the administration/GOP have their own plans to this effect. But these psychopaths have so many competing interests that nothing cohesive is ever agreed upon. And the man at the helm is mentally retarded and is literally incapable of not fucking over his minions’ desires (see Elon, Stefanik, etc.).
VeryWhy there's a "need" to "fight" China anyway?
To me it's a matter of principles. Do we want all people all around the world to be free and live accordingly to human rights. Should they be able to have free elections and decide their own fate or should we accept the rule of tyrants.Why there's a "need" to "fight" China anyway?
US Supreme Court already said anything he does in his official capacity is legal.Trump used the market distraction yesterday to issue a heap of illegal executive orders.
Seems obvious that someone is making a lot of money from these flip-flopping tariff polices and the resultant market oscilations.
We tried. Look at the Trump bootlickers in this forum and you know what we are dealing with.Because they are using their soft power to get influence all over the world which does not align with our values, and at a certain point they might no longer only use soft power...Taiwan as a first.
But as Trump has also threatened to take territory with force, it and European allied territory no less, then China was actually the lesser evil, even as a communist dictatorship.
Obviously I cannot speak for everyone, but as an American you should feel welcome in Europe, but you really have to stop electing idiots as presidents.
What is their opposition to nice round numbers?