Donald Trump the Megathread part II - mod warnings in OP, Updated 06/06/25

8-10

https://www.boards.ie/discussion/comment/123337523#Comment_123337523

They are saying that Japan are front of the queue now for negotiation, they're a very very important partner for cars and electronics

odyssey06

https://www.boards.ie/discussion/comment/123337548#Comment_123337548

Which goods and why?

If Trump was applying targeted tariffs to China for unfair trade practices, the stock markets around the globe wouldn't be tanking.

The situation isn't remotely the same and I suspect you know that or you'd be able to present more than a one liner.

8-10

https://www.boards.ie/discussion/comment/123337556#Comment_123337556

Remember there were MAGA candidates in other races on the SAME ballot in many many States, as well as referenda

You could vote anti-MAGA in 9 out of 10 races on the same ballot

This is my point about nuance

Will_I_Amnt

https://www.boards.ie/discussion/comment/123337519#Comment_123337519

60% of Amazons operating income comes from AWS. They're far less exposed to this than almost any other major retailer.

CoffeeImpala

https://www.boards.ie/discussion/comment/123337564#Comment_123337564

1 out of 10 is still support

landofthetree

https://www.boards.ie/discussion/comment/123337562#Comment_123337562

To protect workers in Germany,France and Italy. Otherwise we would all buy Chinese steel,cars etc .

Irish consumers pay tariffs to keep German car workers in a job.

Amazing how it works for Germany.

https://www.csis.org/blogs/trustee-china-hand/slamming-brakes-eu-votes-impose-tariffs-chinese-evs

odyssey06

https://www.boards.ie/discussion/comment/123337579#Comment_123337579

Did you even read the link you posted?

This is what it says:

The move follows a historic rise in imports from China, which spurred an in-depth investigation by the European Commission that found widespread state-support for China’s EV industry. The decision to approve tariffs is a major shift in the bloc’s relationship with China, whose surging auto sector is now seen as a threat to the EU’s own industry. This show of steadfastness in the face of China’s non-market practices will face the true test of unity in the months and years ahead..
The proposed anti-subsidy measures were backed by considerable evidence and were designed to be compatible with WTO rules, in contrast to the blunter and more sweeping actions from Washington.

So your own link just proves the situations are different. Well done. Amazing how often that happens to those peddling anti EU nonsense.

zell12

JD Vance: We borrow money from Chinese peasants to buy the things those Chinese peasants manufacture

China: It is surprising and sad to hear such ignorant and impolite words from this vice president

😃

breezy1985

https://www.boards.ie/discussion/comment/123337579#Comment_123337579

Germany was tariffing something it already has high production capacity in.

Trump is tariffing things he has no production capacity it. He is also tariffing penguins.

8-10

https://www.boards.ie/discussion/comment/123337570#Comment_123337570

So by that logic there's plenty of MAGA supporters who voted for Kamala Harris

Sorry, I'm not buying this at all

fly_agaric

https://www.boards.ie/discussion/comment/123337579#Comment_123337579

Personally, would rather buy stuff off the Germans and French and have the EU fight the Trump admin. (and other mercantilists, incl. the CCP) to protect their industry than pump even more wealth into Russia's "unlimited friend" for some short sighted bargains.

They are laughing at us IMO, while providing all the necessary to fuel a genocidal war over on other side of this continent.

Erecting more trade barriers between the US and China is probably the only policy Trump has correct (but it is a stopped clock, so much else is wrong, any "good" from it lost).

FishOnABike

https://www.boards.ie/discussion/comment/123336804#Comment_123336804

Average can refer to mean (most common use), median or mode. Median is the 'middle value' with 50% either side of it.

Glencarraig

So will the massive tariffs applied to Chinese goods into the US apply to all the tat manufactured there for The Chump organization, hats, bibles nft's etc?

8-10

https://www.boards.ie/discussion/comment/123337680#Comment_123337680

Nft's?

You're asking where his nft's are going to be manufactured......?

Kermit.de.frog

EU Commission saying they are ready to negotiate energy purchases with Trump.

Presumably this is in addition to the zero for zero tariff offer on goods.

SaoPaulo41

https://www.boards.ie/discussion/comment/123337829#Comment_123337829

Good news ,but Trump will just make up more demands, he wants the EU to fail on every level.

SaoPaulo41

Pharma companies warn Trump's tariffs could expedite shift to US, sources say


European pharma companies warned the European Commission president in a meeting on Tuesday that US President Donald Trump's tariffs would expedite the industry's shift away from Europe and toward the United States, two industry sources told Reuters.Pharma trade lobby EFPIA called on EU President Ursula von der Leyen to push for "rapid and radical action" to mitigate the "risk of exodus" to the United States, the sources said, speaking on condition of anonymity because they were not authorised to share details on the meeting.

Pharmaceutical exports from Ireland to the US account for between a third and a half of all trade from Dublin to DC.The meeting was attended by the CEOs of some EU-headquartered pharma companies as well as EFPIA and biotech lobby Europabio. In order to stop an exodus of investment and research and development from Europe, executives said the EU needs to make changes to the regulatory framework for the industry to make it more conducive to innovation and strengthen Europe's intellectual property provisions, the sources said.The EFPIA declined to comment.The European industry's demands were not new as EFPIA has repeatedly warned that the pharma sector could lose out to increased competition if the EU does not amend a proposed revamp of laws governing the sector.The United States is the biggest pharma market by sales for all big pharma companies, both US and European headquartered ones. Pharmaceuticals were exempt from the duties Trump announced last week, but he said they will face separate tariffs. While announcing the raft of tariffs, Trump predicted that pharma companies will come "roaring back" to the US, and warning if they don't, "they got a big tax to pay".EU medicine and pharmaceutical product exports to the United States totalled about 90 billion euros in 2023, according to latest Eurostat data. In 2021, North America accounted for 49.1pc of world pharmaceutical sales compared with 23.4pc for Europe, according to the latest statistics available from EFPIA.The European Commission on Monday proposed counter-tariffs of 25pc on a range of US goods, including soybeans, nuts and motorcycles.
Ludwig Burger and Maggie Fick, Reuters
Today12:25 PM

Tony EH

https://www.boards.ie/discussion/comment/123336602#Comment_123336602

TBH, it would be a fitting end to the legacy of corporate hyper greed that characterised the US since the end of the 20th century. They were more than happy to "outsource" to these poorer nations when it meant that there was more money to be made destroying their own people's livelihoods and now they're looking down the barrel of completely scuppering their economic power to the countries they gave all their business away to.

I have to say, there's a part of me that would love to see it happen. America (and Americans) really do need to be brought to heel, as it were. They've been flailing around making a mess of things for far too long, thinking that they were the only game in town.

Will_I_Amnt

All I wanna know is.....are my energy costs gonna go up, down or be indifferent?

Red Silurian

https://www.boards.ie/discussion/comment/123337283#Comment_123337283

Fair enough. Lets remind ourselves how well each republican candidate did in the Primaries then and if that shows a huge majority for trump then perhaps you will admit that the reps have effectively become MAGA?

Here's the table

poop emoji

https://www.boards.ie/discussion/comment/123337860#Comment_123337860

Be indifferent because Europe is already importing gas from US

These are turning out like Canadian “negotiations” where trump takes credit for something already happening

They must be bursting their holes laughing at EU hq

Penn

https://www.boards.ie/discussion/comment/123337864#Comment_123337864

I'm not denying the republican party has effectively become MAGA, I was just pointing out that saying 99% of them are MAGA based on how the delegates voted at the RNC isn't accurate. I have nothing to "admit".

Red Silurian

https://www.boards.ie/discussion/comment/123337829#Comment_123337829

No surprises there, the EU need the LNG after cutting off their gas supplies from Russia. I mean we could have built more solar/wind/hydro but obviously Trumps LNG is seen as a better option

20silkcut

https://www.boards.ie/discussion/comment/123336748#Comment_123336748

I have been on this earth for nearly half a century I have never until right now heard anything about trade deficits. It has never been an issue as long as I can remember .
Do I have a trade deficit with my local shopkeeper?

When I buy milk and bread off them every day and they buy nothing off me.

But I know they have to get up early every morning and open that shop and run it in a business like fashion to keep it well stocked so I’m happy enough to shop there. They are trading time and effort to sell stuff to people like me.
Same as the Chinese and Vietnamese they are trading their time and effort to make stuff for us here in the west . How can that just be ignored in these trade deficit calculations .

You know if bees were paid the minimum wage a jar of honey would cost over 100k.
Thats the glaring omission in Trumps calculations. Time and effort to make stuff and how that is being saved by the American consumer. If that was priced in at western standards then the US would be well in the black in trade terms.

Kermit.de.frog

Asian unity didn't last long

https://twitter.com/zerohedge/status/1909598900052173283

MrMusician18

https://www.boards.ie/discussion/comment/123337853#Comment_123337853

Never waste a good crisis

Tony EH

https://www.boards.ie/discussion/comment/123336838#Comment_123336838

He's too busy streaming games he's shite at and getting trolled by teens online.

Oscar_Madison

https://www.boards.ie/discussion/comment/123337853#Comment_123337853

The thought has crossed my mind is he already negotiating directly with them? Feels like it

Red Silurian

https://www.boards.ie/discussion/comment/123337860#Comment_123337860

Your electricity costs are going to go up as every supplier gets paid the highest price per kWh regardless of what they actually want.

If, per kWh, wind costs 10c, solar costs 15c and LNG costs 5c every supplier will be paid 15c wholesale. If the price of LNG jumps to 30c but solar and wind drop in price then the price paid to all 3 wholesalers goes up to 30c.

In short, the more we vary our electricity supply the higher the price we pay

When it comes to oil the price of the US$ is crashing so the price of oil is likewise meaning petrol, diesel and home heating oil should drop

CoffeeImpala

https://www.boards.ie/discussion/comment/123337606#Comment_123337606

Yeah, sure. In the unlikely event that someone voted for a MAGA candidate on another ballet and then didn't vote for Trump you might have some MAGA supporters who voted for Harris.

I'll repeat giving support in the election booth for a MAGA candidate makes someone a MAGA supporter.