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Donald Trump the Megathread part II - Mod Warning added to OP 10/1/26

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Comments

  • Registered Users, Registered Users 2, Paid Member Posts: 4,090 ✭✭✭Field east


    Trump should ‘ close down’ Silicon Valley because it is making it very attractive for ICT business start ups from around the world including Ireland. eg STIPE !!!!!!. That’s the way the world /international trade and services work uUP TILL NOW . The purveyors that move in ‘. These circles’ move to such locations. For the best opportunity re becoming successful and making the most profit



  • Registered Users, Registered Users 2 Posts: 483 ✭✭Will_I_Amnt


    I have seen this claim a couple of times and I have to object. It depends on how you're measuring it

    It terms of number of people employed, US Pharma is not more important to Ireland than US tech. The latter directly employs about 10,000 more people than Pharma employs.

    In terms of how much corporation tax US pharma directly contributes to the Irish exchequer in comparison to US tech, Pharma is more important by a couple of billion Euro per year.



  • Registered Users, Registered Users 2 Posts: 3,534 ✭✭✭Suckler


    Still spinning these lies.

    Par for the course by now I suppose.



  • Registered Users, Registered Users 2, Paid Member Posts: 5,974 ✭✭✭Widdensushi


    How is this going to work for example for Americas biggest car exporter ( by value) BMW ,,, other countries are going to have tarrifs so I presume they are looking at big job losses,, it's going to be a very mixed bag, they might lose as much as they gain.



  • Registered Users, Registered Users 2 Posts: 7,351 ✭✭✭eightieschewbaccy


    When the US is in a recession, are you still gonna be calling that a win for the working class? Honestly it's also pretty telling that you've avoided ever mentioning the pretty horrible hits the working class are already facing as a really of his policies.



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  • Registered Users, Registered Users 2 Posts: 483 ✭✭Will_I_Amnt


    America must have put effort and policy into encouraging and fostering the growth of such companies. Something that Ireland clearly does not do.

    Ireland provides growth to these companies via EU access, invests in STEM education and the IDA actively courts US firms with grants, site support, and red-tape cuts.



  • Moderators, Sports Moderators, Paid Member Posts: 32,352 Mod ✭✭✭✭Podge_irl


    if Trump can reduce offshoring and profit shifting then that's a win for the US

    But what he's doing won't do that and is purely a net negative for the US (and the rest of the world).



  • Registered Users, Registered Users 2 Posts: 6,825 ✭✭✭Wolf359f


    It will be telling if Trump goes through with the Canada and Mexico tariffs. For the auto industry, it's so intertwined they can't even distinguish between US made and Canada made parts.

    If he backtracks on the Canada tariffs, they may see some US auto moving to Canada. In the case of BMW, they can manufacturer in Canada and export to the US and Mexico tariff free and also free to export worldwide from Canada without any retaliation tariffs that have been placed on the US. Assuming they meet the % threshold for Canada made.

    That's a whole case of Trump trying to unscramble eggs.



  • Registered Users, Registered Users 2 Posts: 1,222 ✭✭✭greenfield21


    The working class are lost thats why we have Trump. Yes I also said the working class have been hollowed out at the expense of billionaires and greedy corporations. The politicans dont seem to care about this. All the working class get is inflation, stagnant wages and more taxes. Its a democracy, they voted for Trump, it seems they finally realised the system that was designed to lift them just traps them.

    And Why is Trump going after pharma, oh yeah because these companies pay no tax in the US, offshore the majority of their jobs, and then completely rip of the US customer with the highest drug prices in the world, all the while getting huge grants from the NIH to make the drugs. How would the US not have a huge defict and is drowning in debt. Why wouldn't anyone try and change this if you're in the US. And the only reason Trump is using tariffs is he knows Congress is so corrupt they will never do anything anyway. So yeah the people have voted for change.



  • Registered Users, Registered Users 2 Posts: 5,417 ✭✭✭PokeHerKing


    Even if and it's a big fcuking IF I bought into the idea that Trump was this altruistic white night of the working class.

    I'd still come to the conclusion that his policies are ill thought out and unlikely to succeed in the way he hopes.

    There's no way he's going to solve tax avoidance with a load of tariffs. It's non sensical.



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  • Registered Users, Registered Users 2 Posts: 5,612 ✭✭✭twinytwo


    And why are the same drug companies able to charge what they charge in the US but not in the EU?

    They all got sold a dud if they think Trump is going to save them.



  • Registered Users, Registered Users 2 Posts: 28,916 ✭✭✭✭murpho999


    What time is Agent Orange making his announcements?



  • Site Banned Posts: 2,753 ✭✭✭thatsdaft


    I think it’s a good time to point out that there are states in EU with lower corporation tax, one is even ran by a buddy of Trump and Putin



  • Registered Users, Registered Users 2 Posts: 19,430 ✭✭✭✭VinLieger


    After markets close cus hes a pussy and doesnt want to see the immediate red. That of course wont stop anything because global markets are still open and US stocks will take hits there but he will pretend the drop on Thursdays US opening bell wont be because of him and blame everyone else.



  • Moderators, Entertainment Moderators Posts: 18,074 Mod ✭✭✭✭ixoy


    9pm our time which happens to be just after Wall Street closes. Strange given they'll surely be excited about responding positively to the winningest announcement ever.



  • Registered Users, Registered Users 2 Posts: 2,517 ✭✭✭SaoPaulo41




  • Registered Users, Registered Users 2 Posts: 6,022 ✭✭✭dogbert27


    And the key point is exporting to who? If he is talking about America only then America makes up 33% of all pharma exports from Ireland so if this halves over a 5 year period we will still be exporting 16.5% to the USA in 5 years time and these companies have 5 years to make up the deficit with sales to other countries.

    I wish everyone would stop going Chicken Lickin on this.



  • Registered Users, Registered Users 2 Posts: 133 ✭✭doyle55


    "the people have voted for change"

    How's that going for them?



  • Registered Users, Registered Users 2 Posts: 6,979 ✭✭✭yagan


    He likes tariffs because they're one of the few levers available to the failed casino owner and sex offender.

    When gets bored of them he'll put more effort into starting a full blown bloody domestic race war.



  • Registered Users, Registered Users 2, Paid Member Posts: 9,087 ✭✭✭spacecoyote


    The whole onshoring of industries is really going to be a lot more complex and expensive than Trump can comprehend I'd imagine.

    Firstly there's the cost issue, upfront cost in terms of infrastructure, and then the ongoing cost of production, which will be considerably higher in the US than it would be elsewhere. You're not going to be able to pay people what you are today, producing in some low wage, low cost centre. Which basically means the price of the goods goes up, further hitting Average Joe American.

    Then there's the whole issue of expertise, which is massively lacking in the US. They de-industrialised a long time ago, so there's not a wealth of people who know what they're doing in terms of modern industrialisation and production. So they're going to be massively dependent on international trade partners to help establish and share knowledge. An example is ship-building, which Trump wants done in America. Its actually a good idea, but they haven't done this in scale in America for a long time. They're going to be reliant on help from international partners like Korea or China, who do this kind of thing massively today. But, Trumps busy pi$$ing off all his potential partners and potentially kicking off trade wars, so they may not be very forthcoming with info and help.

    He's just, in reality, a stupid man, who essentially got to where he is on the back of the wealth of others. There's no great business brain there. Given money by family to get set up, been bailed out by banks and various shady sources. Bankrupted businesses that should never go bankrupt (casinos). Was in massive trouble till the apprentice came along. He's the monopoly man, a caricature of a business man, which enough Americans buy into.



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  • Registered Users, Registered Users 2 Posts: 3,534 ✭✭✭Suckler


    Well there has been noticeable change in the markets and overall sentiment towards US international policy/diplomacy



  • Registered Users, Registered Users 2 Posts: 738 ✭✭✭gral6


    Huge recession is on the way. It is time to sale property…while it is not too late yet



  • Registered Users, Registered Users 2 Posts: 4,639 ✭✭✭amandstu


    I hope you are right. It will be fun to see them falling flat into the slurry pit of their own making.



  • Site Banned Posts: 2,753 ✭✭✭thatsdaft


    Who would have imagined that most normal people hate Nazis

    Speaking of whom

    IMG_5765.jpeg

    Deliveries are down and Tesla’s gathering dust now

    This is a company that is still somehow valued more than every other car company put together



  • Registered Users, Registered Users 2 Posts: 5,417 ✭✭✭PokeHerKing




  • Registered Users, Registered Users 2 Posts: 1,396 ✭✭✭Sigma101


    Their exports will suffer too. The goods they produce will be too expensive for the rest of the world. On top of that, those exports will be subject to new reciprocal tariffs. They'll be completely reliant on domestic demand, which will flag as their inflation grows. In the meantime, the rest of the world will forge ahead with new trade deals to compensate for the loss of the US market. That's already happening:

    It's economic suicide.



  • Registered Users, Registered Users 2 Posts: 673 ✭✭✭DrPsychia


    https://www.reuters.com/world/us-officials-object-european-push-buy-weapons-locally-2025-04-02/

    Screenshot 2025-04-02 at 14.57.47.png

    Some of the proposed measures could mean a smaller role for non-EU companies, including those based in the U.S. and the United Kingdom, experts say. In a March 25 meeting, Secretary of State Marco Rubio told the foreign ministers of Lithuania, Latvia and Estonia that the United States wants to continue participating in EU countries' defense procurements, the sources told Reuters.

    According to two of the sources, Rubio said any exclusion of U.S. companies from European tenders would be seen negatively by Washington, which those two sources interpreted as a reference to the proposed EU rules.One northern European diplomat, who was not part of the Baltic meeting, said they had also been recently told by U.S. officials that any exclusion from EU weapons procurements would be seen as inappropriate. Rubio plans to discuss expectations that EU countries keep buying U.S. weapons during his visit to Brussels this week, where he will attend the NATO Foreign Ministers Meeting, said a senior State Department official.


    So they don't include Europe or Ukraine in the 'negotiations' with Russia. They threaten to annex greenland, a NATO territory. They threaten consequences if european companies don't tow the line of Trumps DEI executive orders. They appease the aggressor. They blame the victim. Threaten the EU with tariffs.
    Now they say they'll be mad if we don't buy their weapons, instead choosing to build our own and buy from our local FRIENDS.

    Middle finger.



  • Registered Users, Registered Users 2 Posts: 6,979 ✭✭✭yagan


    Good reminder how the EU and Japan forged a fta for cars. Japanese brands had established factories in Britain to sell to the EU, but with the fta they could bypass brexit tariffs by selling directly to the EU and EU automakers could do the same in reverse.



  • Site Banned Posts: 2,753 ✭✭✭thatsdaft




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  • Registered Users, Registered Users 2 Posts: 3,699 ✭✭✭francois


    Swimmingly well https://www.reddit.com/r/LeopardsAteMyFace/hot/



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