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Donald Trump the Megathread part II - mod warnings in OP, Updated 18/03/25

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Comments

  • Registered Users, Registered Users 2 Posts: 11,370 ✭✭✭✭Cluedo Monopoly


    Of course they will. They will ride out the nonsense from the White House. To redeploy would take several years and have massive financial impacts.

    What are they doing in the Hyacinth House?



  • Registered Users, Registered Users 2 Posts: 5,547 ✭✭✭twinytwo


    The main thing that should be taken from all this - as if it wasn't already clear to everyone is the complete lack of intelligence in that entire Administration, its actually breath taking at this point. There were at least people during his first time to curtail his nonsense there are none now.

    Also something needs to be done about the tech bros, they wield far too much power.



  • Registered Users, Registered Users 2 Posts: 5,392 ✭✭✭dogbert27


    That last part is interesting.

    Is he thinking Denmark will just give him Greenland because of tariffs?!



  • Registered Users, Registered Users 2 Posts: 1,148 ✭✭✭sock.rocker*


    I have a feeling that for many countries, the solution to reducing these tariffs will be massive military orders that will go towards reducing the deficit.



  • Registered Users, Registered Users 2 Posts: 6,399 ✭✭✭Wolf359f


    There was talk about some US defence companies opening plants in Europe to be able to sell unhindered to Europe. I guess they won't need an export license if the arms are produced within Europe.



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  • Registered Users, Registered Users 2 Posts: 446 ✭✭Will_I_Amnt


    UK auto exports to the US accounts for apploximately 13.6% of their total auto exports - Something like £8 Billion in 2024.

    But mostly high end cars like Jag, Rolls-Royce and Bentley where a 25% increase in import duty wouldn't put off very many people in that spending bracket too much. but there is a smaller quantity of Nissan, Vauxhall and Toyota too.



  • Registered Users, Registered Users 2 Posts: 1,148 ✭✭✭sock.rocker*


    I also think many countries will respond not so much with tariffs but with coordinated restricted selling of rare earth materials to the US.



  • Registered Users, Registered Users 2 Posts: 17,967 ✭✭✭✭A Dub in Glasgo


    You would trust buying military equipment from the US under this administration??



  • Registered Users, Registered Users 2 Posts: 1,017 ✭✭✭DarkJager21


    Laughable. They made a big song and dance about Europe having to protect itself, even made comments very recently about selling them inferior hardware (with the possibility of kill switches being present in it) and now they wonder why nobody wants to buy their defence products 🤣

    The US and their entire administration can get fucked for the next 4 years, should be as isolated as possible from the rest of the world.



  • Registered Users, Registered Users 2 Posts: 2,366 ✭✭✭SaoPaulo41


    So what happens now? EU respond with Tariffs then Trump cones back and hits Pharma?



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  • Registered Users, Registered Users 2 Posts: 842 ✭✭✭Baba Yaga


    is all of this shite-stirring donnie is at the last while what he calls "the art of the deal"…? it seems to me he dreamt all this up while he was clogging up one of the presidential shitters in the whitehouse…i see he has islands in the middle of oceans that are only populated by seals/seagulls and penguins on a tariff…


    "They gave me an impossible task,one which they said I wouldnt return from...."

    "You are him…the one they call the "Baba Yaga"…

    yo! donnie vonshitzinpants..you sir are the skidmark on the jocks of humanity!!!



  • Registered Users, Registered Users 2 Posts: 1,148 ✭✭✭sock.rocker*


    No, obviously not. But since the US can't force businesses and consumers around the world to buy more from the US, I think they will try to force the governments to do so. And that really just leaves military spending.



  • Registered Users, Registered Users 2 Posts: 446 ✭✭Will_I_Amnt


    Sounds like they're planning to hit Pharma regardless

    Although it could be bluster - I don't know why they wouldn't have just done it yesterday with everything else if they really planned on ever doing it.



  • Registered Users, Registered Users 2 Posts: 3,030 ✭✭✭newhouse87


    They will phase tariffs of increasing amounts for pharma and give companies time to relocate some manufacturing to the us. Big pharma is powerful lobby in the us. I would imagine no near term job losses here and as pointed out the big pharma companies will need presence here for EU market.



  • Registered Users, Registered Users 2 Posts: 1,928 ✭✭✭thatsdaft


    Taiwan has spent billions upon billions on US weapons as no one else will sell to them

    And they are still waiting for deliveries with dates being pushed back and back

    It would be the height of stupidity to buy defence related goods and services (looking at Palantir) from US these days



  • Registered Users, Registered Users 2 Posts: 5,547 ✭✭✭twinytwo


    Forget that. Donnie has blown his wad and tariffed everyone. Its clear his Administration hates Europe, that's fine but that should have to live with the consequences of both these actions. Move as much trade away from the US as possible and let them to their own devices. And the EU should not buy any of their weapons unless absolutely necessary.



  • Registered Users, Registered Users 2 Posts: 5,710 ✭✭✭yagan


    The volatile nature of US politics I imagine would make many industries spread their risk by strengthening their operations outside the US.

    The first Trump term was treated as a blip but now Trump II means volatile is the new normal and if there's a serious US recession Trump, or whoever replaces him will not take responsibility and escalate the volatility.



  • Registered Users, Registered Users 2 Posts: 1,928 ✭✭✭thatsdaft


    Seems Americans realise just how stupid this is, quoting

    The golden prize for America's enemies is to remove the US dollar as a global reserve currency.

    Since trade is conducted largely in USD, that means other governments must purchase USD to trade. This is the core of trade deficits. Foreign countries buy US dollars so they can trade with other people. That guarantees the deficit since they give us something in exchange for USD, which they do not then spend on goods we make.

    If you no longer want the trade deficit that means payments of fealty by those who trade in dollars, which countries aren't likely to tolerate, or abandoning the USD as a global reserve currency, which would be disastrous, truly disastrous. Our debts would suddenly become existential because inflating our currency to pay for them could result in functionally not being able to import goods required to run our economy. I don't think many truly understand just how disastrous it will be.

    This isn't America's liberation day. This is Russia's and China's liberation day. While America was once able to check their power, America is no longer in a position to do so, we will barely be in a position to satisfy our own military's logistics requirements.

    This is a decapitation strike (Timothy Snyder: Decapitation Strike -- https://archive.is/1xkxK) on America by our enemies. It is not only a de facto soft blockade of American trade, but it is an attack on the mechanics of American hegemony. Politicians already ask for money instead of votes or actions. That means if foreign governments spend money, they can elect their preferred candidates. America's own government was a result of french support. We institute regime change in other counties, and I see no reason to believe we are immune.

    If trade stops occurring in US Dollar, which is a consequence of the stated goal of our current ruling regime, that would be the coup de grace on this country's hegemony. It is the definitive end to it, and the birth of Chinese hegemony.

    Ray Dalio's Principles for Dealing with the Changing World Order feels prescient



  • Registered Users, Registered Users 2 Posts: 3,030 ✭✭✭newhouse87


    Ah yeah they will invest some more then they would have originally in the us to humor trump but they are not going to destroy their secure global supply chains that takes years/decades to build.



  • Registered Users, Registered Users 2 Posts: 1,148 ✭✭✭sock.rocker*


    Yeah, I'm hoping Europe holds strong and bands together with the rest of the world. I'm more talking about the likes of Vietnam where I live, which doesn't have as many options as a European country.



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  • Registered Users, Registered Users 2 Posts: 3,635 ✭✭✭Francis McM


    Mod Edit: Warned for trolling

    Post edited by Necro on


  • Registered Users, Registered Users 2 Posts: 5,547 ✭✭✭twinytwo


    There is no trap - he will be hiting Pharma.

    Id be surprised if anyone in the US knew who MDH even was. But sure, get the rant in.



  • Registered Users, Registered Users 2 Posts: 35,476 ✭✭✭✭odyssey06


    What is this nonsense.

    The US has a trade surplus with the UK.

    When missiles were flying over Israel, the UK was there with the US, shooting them down.

    And they still got tariffed.

    "Sympathy" and "gra" doesn't come into it. You're just inventing reasons to have a rant at someone you dislike.

    "To follow knowledge like a sinking star..." (Tennyson's Ulysses)



  • Moderators, Education Moderators Posts: 9,705 Mod ✭✭✭✭mayordenis


    Leftie freeloading president, chefs kiss



  • Registered Users, Registered Users 2 Posts: 3,210 ✭✭✭Genghis


    I may well be, I don't doubt that you know more than me!

    Yes the US plant is disadvantaged directly by the tariff only, and yes that would be the relevant figure for international trade. In both of those senses, I completely agree VAT is irrelevant.

    However, lets say hypothetically the only difference between the exact same BMW car is €5k paid in tariff for the import of the US one and not paid for the import of the German one, then when the retailer sells the car, the difference becomes €6,150.

    (Obviously for multiple reasons that's not a normal scenario, RRPs are set etc, I am just using it to illustrate my point).

    All I was offering with my posts is that perhaps the Trump Administration may well view VAT - rightly or wrongly - as an additional trade barrier above and beyond tariffs.



  • Registered Users, Registered Users 2 Posts: 12,866 ✭✭✭✭aloyisious


    Allegedly and according to Trump and the Speaker of the House Johnson, the bar in the constitution means that a president who has served two [2] consecutive terms in office cannot serve a third term, not that a president cannot serve a third term after serving two separate terms already. Its a con-job try-on to give the US public the idea that the words in the constitution do not mean what they read as but what Trump says they read as, as coincidentally he has not served two [2] consecutive terms.

    The laughable and contrary thing is that he still occasionally claims that he was elected to the 46th presidency but it was robbed from him by lying Joe. That would, presumably, have made him the first president since Franklin D Roosevelt to have been elected to three consecutive terms as he is the 47th.



  • Registered Users, Registered Users 2 Posts: 12,866 ✭✭✭✭aloyisious


    He has threatened to put tariffs on Russia's oil exports, on top of the sanctions already there, if Putin does not stop messing around with his peace plans for Ukraine.



  • Registered Users, Registered Users 2 Posts: 23,032 ✭✭✭✭Tell me how


    • China/Japan/South Korea enter advanced economic partnerships in order to respond to Trump belligerence.
    • EU countries make sufficient noise about moving away from US defence dependence.
    • China Canada and Europe attracting high IQ international individuals because of US aggression towards immigrants.
    • Stock Markets reacting poorly to Trump Administration actions
    • US Consumers facing massive price increases as a consequence of dramatic tariff introductions

    There's never before been a US President which was responsible for so many detrimental acts which were entirely unforced.

    Trump could be putting America in to a hole it might not come out of for decades.



  • Registered Users, Registered Users 2 Posts: 5,547 ✭✭✭twinytwo


    Not sure what any of this has to do with your comments on MDH?



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