America has viewed this fight in the lens of a Cold War great powers conflict to build up arms and weapons, but China took the lessons of how we won against the Soviet Union close to heart and they could potentially win through hard and sweaty competition without even firing a shot. Belt and Road Initiative is still either dismissed and diminished in Washington with commentators outright bristling that it could be compared to the Great Marshall Plan. That's really what going to win them this trade war. Our dumb ignorance to what export restrictions have caused seems to have seeped into the highest levels. No one gave a peep when China banned graphite, gallium, germanium, and antimony during the Biden Admin. Nor do they know the impact of banning the export of synthetic diamonds and other superhard materials we need for "high tech" manufacturing.
We are only a handful of years before we lose domination. Gen Alpha is the new beginning ... of actually having to work hard for their dollars.
Good thing, Trump did not just punch every country ... on the planet ... in the nose ... with tariffs. Good thing. Maybe Trump can get other countries back in our corner with even more threats? When the tool in your toolbox is a hammer, …
After covid, there was a thread that asked if China was imploding. Almost everyone including me thought their real estate was structurally bad and would take years to unravel because of malinvestment and demographics, The other thing listed was deflation, much like what Japan went through and we accelerated through tech export controls and capital flight with western companies. Looking back now, their deflation was likely due to their decoupling efforts started by Trump 1, continuation with Biden policies, and deepened acceleration when we weaponized our financial system and froze russian banks. People still think the petrodollar is a real thing, with Fed and Treasury being the all seeing eye of global trade. Only if it's through our banks. They love dollars, but hate our banks... That deflation also impacted their official per capita ratings. China is still considered a Developing Country under the WTO. They're like $1,500 shy of becoming a grown ass country with industries that moves beyond "just copying and stealing" other people's stuff and "can't invent on their own". Hang tough China! You're almost there!
They called Trump's bluff and embarrassed him on the national stages. You're allowed to call a spade a spade
replace "ME" with the sources that Invisibile cut n paste this is more stupid that Invisible's paoorting of the false cllaim that the Fed is wrecking its balance sheet! it is too bad that the concept of PPP. purchasing power parity, is above your head, as well as that of the social media poster you have parroted food for thought, 40 years ago, only German & Japan had bullet trains. with the US and China voicing their desire to have bullet trains. in 2025, China has 19 pairs of bullet trains---operating daily---serving 19 cities. the US is still talking about building bullet trains
Absolutely no doubt in my mind that Trump and Miller and Vance would JUMP at any basis to declare martial law and give the feckless Supreme Court an excuse to not stop the President. He could postpone elections, continue to rule and control literally everything. It also would give him cover for all of his **** ups, someone to blame for all the problems and to justify any and all of the administration's decisions.
Trump 2.0 is in a state of permanent emergency The emergency of the moment is the economy. President Donald Trump declared a national emergency to address a long-standing trade imbalance and declare a global trade war. There’s a drug flow emergency Earlier tariffs against Canada and Mexico were imposed, the president said, because of the flow of fentanyl, leading Trump to declare emergencies at the US’ northern and southern borders. Canadians have been angered by the idea that Trump imposed tariffs due to the flow of drugs across the northern border because there’s little evidence of much drug flow there. There’s a border emergency The military is playing a larger role at the southern border because of the national emergency Trump declared there, saying that “America’s sovereignty is under attack.” The language of invasion also plays into Trump’s invocation of the 18th-century Alien Enemies Act, by which the administration deported some migrants without due process. The Supreme Court allowed the deportations to continue, but said this week that deportees must get a hearing. There’s an energy emergency Trump declared an emergency authority to supercharge energy production, particularly in the oil and gas industry, and get around environmental and wildlife protections on federal land. He’s cited that emergency also to invoke wartime powers to supercharge mineral production in the US. Separately, he’s trying to move the US back toward reliance on coal and cited his energy emergency to reclassify coal as a mineral and make its production a matter of national security. Coal is not, technically speaking, a mineral. He also cited the energy emergency to ask his secretary of energy to add more redundant — which presumably means carbon-based — energy sources to the energy grid. There’s a lumber emergency Trump wants more logging in the US, so his administration has invoked emergency authority to boost lumber production in the US. The idea, again, is to sidestep some environmental protections to open 112 million acres of forestland and make it more difficult for conservation groups to object to logging. Trump has complained that the US relies on lumber from Canada. This is not how it’s supposed to work Elizabeth Goitein at the Brennan Center for Justice at New York University has been warning for years about the overuse of emergency power by presidents. “Emergency powers are designed to let a president respond swiftly to sudden, unforeseen crises that Congress cannot act quickly or flexibly enough to address,” she wrote recently. “Emergency powers are not meant to solve long-standing problems, no matter how serious those problems may be. Nor are they intended to give a president the ability to bypass Congress and act as an all-powerful policymaker.” But efforts to limit emergency power, perhaps by limiting it to 30 days instead of a year, have gone nowhere in Congress. Trump is not alone in declaring emergencies Presidents frequently use them to impose sanctions. There’s been an emergency declared with regard to Iran since the 1970s, and Ukraine for more than a decade, for instance. But Trump’s use of emergency authority to fiddle with the world economy, regulate immigration, police borders and end-run around environmental laws has been supercharged in his second term. Trump cited a long-standing national emergency with regard to Venezuela not simply to continue sanctions on the country, but also to apply tariffs to any country that does business with Venezuela and to declare the Tren de Aragua criminal network a terrorist organization.
You’re just butthurt that I called you the dumbest lawyer I hear and I know many paralegals are much smarter than you. You libs are nothing but thin skin little biitches. Lol
Trump is using tariffs to bring back manufacturing to the US ... but first Trump must kill the manufacturing sector. Trump is a certified moron. Trump thinks he is the smartest man in the man. The stock and bond markets are not buying what he is selling.
The trump plan is just dumb. The most frustrating thing is we had a plan to onshore strategic supply chains and create blue collar jobs through manufacturing and infrastructure. Do we need to tweak the plan and update it? Sure.
This orange demon is something else . https://www.independent.co.uk/news/uk/politics/trump-jd-vance-trade-deal-free-speech-b2733806.html
