How foreign countries fighting against tariffs can sink our country

[Bradskii]

Thank you comrade! but we are speaking of tariffs (import taxes) other countries place on our goods they import. That is them taking our money. Perhaps I am not the one who does not understand economics.

According to you...

But there's been nothing about Chinese rare earth bans 'according to you'.

 

[Always in His Presence]

But there's been nothing about Chinese rare earth bans 'according to you'.

Only in your imagination.

 

[Bradskii]

Only in your imagination.

You do know we can all see your posts? They don't vanish into the ether after I've read them. You haven't addressed it once (and a quick heads up: Sodium is the 6th most popular element and its ion is one of the most common ions).

 

[Always in His Presence]

Sorry - I addressed it - it's a shame you missed it, or just didn't like my POV -

 

[KCfromNC]

Who exactly are we losing credibility to?

US voters, for one : Republicans less trusted on economy than Democrats for first time in years

This is the first time since May, 2021, that the GOP has been seen as less trustworthy than Democrats with the nation's finances, according to the April 11-13 survey by Morning Consult, among 2,203 registered U.S. voters across the country.​

 

[Always in His Presence]

You do know we can all see your posts? They don't vanish into the ether after I've read them. You haven't addressed it once (and a quick heads up: Sodium is the 6th most popular element and its ion is one of the most common ions).

Seems you missed post #12 - where I addressed it - and then you did not like or understand my reply and went on a multipost request for me to address something I already did 32 posts ago.

Now if you do not understand my post - tell me what you do not understand and I will try to clarify - but just repeating ad nauseum "you didn't address it" will not work - when I already did.

Thank you - I look forward to your question.

 

[SimplyMe]

By Novarro's and Trump's logic, my grocery store is ripping me off big time. I buy lots of good from them and they buy nothing from me. We have a large trade deficit.

There is ZERO wrong with a trade deficit.

There is something wrong with countries wanting to exclude US from their markets while expecting to sell into ours. This certainly happens in the auto market and the agriculture market. Exports are NOT a huge portion of our GDP, but we do want to sell certain goods to the world.

Except, as I pointed out in a post, we do seem to limit the number of autos imported into the US (and it also helps explain why US cars don't sell well, as a general rule, in Europe). As I explained there, we have a very complicated and expensive process for manufacturers to certify that various car models meet emissions and safety standards, and this prevents companies from offering many of the cars available in the EU, Japan, or Korea from being sold in the US. Many people claim this is a way of not having a tariff but still preventing companies from importing cars.

And that is ignoring the "chicken tax," which is a 25% tariff on light trucks, to include pick up trucks and vans. This article gives a sample of the trucks that aren't sold in the US because of the chicken tax. Perhaps the issue is that we think we can limit imports into our country while telling other countries they have to buy our cars (so that we don't have negative trade deficits).

 

[Say it aint so]

Low corporate tax rates (15%) are fine as they make us competitive in the world economy and help prevent US companies from locating overseas.

That does not deter corporations from going overseas. In fact I would argue it's more encouragement. Not only that, with the last drop to 21% the number of corps (many fortune 500) who paid an effective rate of zero doubled. With 15 expect that to double again. People pay taxes, and the argument is corporations are people too.

 

[Bradskii]

Seems you missed post #12 - where I addressed it -

No. You didn't.

China can't eat dysprosium and they can't survive without selling it.

Oh yes, they can. They'll deny you those metals as long as they think necessary. Remember that this isn't a tariff. They have blocked the sale of them. Their financial situation doesn't rest on just what you need. The rest of us will cosy up to China in due course (you can't be trusted any more) and if they want some spare change they'll sell it to us. You are now out in the cold, my friend. Persona non grata.

....or the American companies who just might becoming up with innovative options to the precious earth minerals?

As I said, there aren't any options. There literally aren't.

Like using sodium Ion instead of Lithium in electric car batteries. (example only)

The farcical example of sodium ion batteries was just that. Farcical. It has no relevance whatsoever.

My not agreeing with your reasoning is not ignoring the situation. The exact opposite instead. Squeezing their economy is a valid negotiation strategy -

You don't appear to understand what is being discussed. This isn't a case of you 'squeezing their economy'. They have banned you from buying what you need. When you run out of any stocks that you may have, the industries that rely on rare earth materials will grind to a halt. China controls the global market.

They are the toughest, meanest players at the table and you are trying to bluff them when you hold a small pair and everyone can actually see that they have a flush. They are showing you their cards! It's the dumbest move imaginable.

No wonder Trump kept bankrupting casinos. The man has absolutely no idea.

 

[Always in His Presence]

Oh yes, they can. They'll deny you those metals as long as they think necessary. Remember that this isn't a tariff. They have blocked the sale of them. Their financial situation doesn't rest on just what you need.

No - but their economy is in large part dependent on the goods the US does purchase from them that are under 145% tariff right now. Their financial situation does rest on what they need - why do you think their currency is tanking?

The rest of us will cosy up to China in due course (you can't be trusted any more) and if they want some spare change they'll sell it to us. You are now out in the cold, my friend. Persona non grata.

Why are you not buying it from them right now?

 

[Always in His Presence]

You don't appear to understand what is being discussed. This isn't a case of you 'squeezing their economy'. They have banned you from buying what you need. When you run out of any stocks that you may have, the industries that rely on rare earth materials will grind to a halt. China controls the global market.

I 150% understand what you are saying. You evidently are not comprehending my reply.

I 150% understand that China is having a hissy fit and banning Rare Earth minerals due to the 145% Tariffs we imposed that are tanking their economy.

I 150% understand that eventually will need these minerals.

I also know this:

Can the U.S. get around China's restrictions on rare earth minerals?

China is responsible for most of the world’s processing of rare earth metals and minerals, but its new export restrictions have raised the stakes for U.S. efforts to build its own supply chain and processing industry. Barbara Arnold, a professor of mining engineering at Penn State, says there...

www.marketplace.org

Barbara Arnold: Currently, we do get some of our rare earth elements from other locations. One of the things, though, is that if we have a mine here in the U.S. that's producing these concentrates of these minerals, then it goes to China, for the most part, to then be processed. And so it's that processing and then getting the individual metals that's the issue here. So a lot of the processing globally is done in China, and then they sell the actual metals, or the minerals, back to us, as well as around the world. But there are a few other places around the world that do those, and there are some locations here in the U.S. that are gearing up to do that.​

​

Why can't we just develop the processing here in the US? We already have mines that produce the minerals.

 

[Always in His Presence]

No wonder Trump kept bankrupting casinos. The man has absolutely no idea.

And then built 300 different corporations overseeing multi national properties and a person empire of close to 5 billion dollars.

This rhetoric diminishes the veracity of any argument and is a very open display of the vitriolic detestation from the left that has completely blinded them.

 

[loveofourlord]

Saturday Report 4/12/25 — The Empire shudders: How Trump’s trade tantrum could trigger America’s fall...

The Best of the Rest of the News

hartmannreport.com

So, who will destroy and thwart our budding dictatorship first? China, who will withold the minerals we need for manufacturing and our military?

Or Canada and Europe, who hold 25% of our $36 trillion debt, strategically coordinating bond sales, driving up US mortgages and other credit, making it harder for companies to finance expansion and new operations, and increasing the cost to the US government to fund our own debt:

If we don't stop this national nightmare first, other countries will do it for us--but we will endure a lot more pain in the process.

Will this convince the unconvinceable in our country? SMH. It's a tragedy that such measures should even be necessary.

thats assuming that it can get better,

 

[loveofourlord]

Example: There are 70 countries asking to negotiate tariffs - yet you believe Trump is cutting us off from the world - makes no logical sense -

what do those negotiations look like? fine, were cutting out selling to you by 50% and out buying from you 80%? it's meaningless if they ultimatly trade less in the way that US needs. US and canada are likely to negotiate, but were going to sell and buy what we can elsewhere as much as possible.

 

[Aryeh Jay]

And then built 300 different corporations overseeing multi national properties and a person empire of close to 5 billion dollars.

This rhetoric diminishes the veracity of any argument and is a very open display of the vitriolic detestation from the left that has completely blinded them.

And unlike this True Business Leviathan, I am able to get a loan from any bank in the United States. I don't need to go begging to Russia, Saudi Arabia, or Germany.

 

[Always in His Presence]

what do those negotiations look like?

Don't know - I'm not there - are you?

fine, were cutting out selling to you by 50% and out buying from you 80%? it's meaningless if they ultimatly trade less in the way that US needs. US and canada are likely to negotiate, but were going to sell and buy what we can elsewhere as much as possible.

How do you know that?

And unlike this True Business Leviathan, I am able to get a loan from any bank in the United States. I don't need to go begging to Russia, Saudi Arabia, or Germany.

Really - when was the last time you took out a loan for $600,000,000.00 - what US bank did you get it from? As for begging are you referring to Deutsche Bank? Who stated numerous times they would love to do business with the True Business Leviathan in the future?

 

[loveofourlord]

Don't know - I'm not there - are you?

How do you know that?

Really - when was the last time you took out a loan for $600,000,000.00 - what US bank did you get it from? As for begging are you referring to Deutsche Bank? Who stated numerous times they would love to do business with the True Business Leviathan in the future?

because it's happening? I know you only watch trump news, but even fox news is repoting on the fact that eu, uk, canada, big parts of asia are looking for partners elsewhere, we don't need you as much as you need us, we have what you need and can sell elsewhere, and what you have we can get elsewhere.

 

[Aryeh Jay]

Don't know - I'm not there - are you?

How do you know that?

Really - when was the last time you took out a loan for $600,000,000.00 - what US bank did you get it from? As for begging are you referring to Deutsche Bank? Who stated numerous times they would love to do business with the True Business Leviathan in the future?

I took out a loan for $480,000 in August. Why does a billionaire need a loan?
Oh, I'm sorry, I forgot the other information you requested.
Wells Fargo.
Do you need my account number and routing number? Mothers maiden name is Klaus.

 

[Always in His Presence]

because it's happening? I know you only watch trump news, but even fox news is repoting on the fact that eu, uk, canada, big parts of asia are looking for partners elsewhere, we don't need you as much as you need us, we have what you need and can sell elsewhere, and what you have we can get elsewhere.

No - I don't watch any news - I don't have cable - but I do a lot of reading from sources on both sides of the political spectrum . You should try it - only a suggestion.

I took out a loan for $480,000 in August.

WOW - congrats - now you just have to get a loan 1,250 times larger and you will have something to compare. Curiosity - Prime was 8.5% why on earth would you take a loan and pay that much money?

Why does a billionaire need a loan?

Really - why did you need one?

Oh, I'm sorry, I forgot the other information you requested.
Wells Fargo.

Well that is special - congrats.

Do you need my account number and routing number? Mothers maiden name is Klaus.

what I would like is a reply to the part of the post you completely ignored.

As for begging are you referring to Deutsche Bank? Who stated numerous times they would love to do business with the True Business Leviathan in the future?

 

[mark46]

Except, as I pointed out in a post, we do seem to limit the number of autos imported into the US (and it also helps explain why US cars don't sell well, as a general rule, in Europe). As I explained there, we have a very complicated and expensive process for manufacturers to certify that various car models meet emissions and safety standards, and this prevents companies from offering many of the cars available in the EU, Japan, or Korea from being sold in the US. Many people claim this is a way of not having a tariff but still preventing companies from importing cars.

And that is ignoring the "chicken tax," which is a 25% tariff on light trucks, to include pick up trucks and vans. This article gives a sample of the trucks that aren't sold in the US because of the chicken tax. Perhaps the issue is that we think we can limit imports into our country while telling other countries they have to buy our cars (so that we don't have negative trade deficits).

I wasn't aware of the chicken tax. I don't think there is much that could be done to keep Americans from buying F-150's, even getting rid of the tax.

You are correct with regard to emissions. Meeting US standards is costly and we don't allow foreign autos to avoid our requirements.