The art of the deal, redux

[berg80]

Trump says Taiwan should pay the U.S. for defense; shares of chip giant TSMC fall​

Former U.S. President Donald Trump, who is vying for another White House mandate, said he thinks Taiwan should pay the U.S. for defense, claiming that the country “doesn’t give us anything.”

His comment was in response to a question on whether he would defend Taiwan against China, as part of an interview with Bloomberg Businessweek published on Tuesday.

Beijing considers democratically governed Taiwan as a part of its territory, and Chinese President Xi Jinping has previously said reunification with the mainland was “a historical inevitability.”

Trump said “Taiwan should pay us for defense.”

“You know, we’re no different than an insurance company. Taiwan doesn’t give us anything,” he added.

Trump appeared to link his comments to Taiwan’s semiconductor industry, which is one of the most advanced in the world.

″[Taiwan] did take about 100% of our chip business,” Trump said.

https://www.cnbc.com/2024/07/17/trump-says-taiwan-should-pay-the-us-for-defense-shares-of-tsmc-fall.html

It's hard to know whether Don acting like a mob boss asking for protection money is due to ignorance (Taiwan plays a supporting role primarily by providing manufacturing services for US chip companies who still dominate in terms of intellectual property), or his affection for totalitarian leaders like Xi.

Maybe he's trying to make people forget about the failure of his much ballyhooed deal to bring Foxconn to the US after Biden's successful deal with Taiwan Semiconductor.

One wonders if behind closed doors JD will express his opinion, revealed in a recent interview, that the US should make it as hard as possible for China to take Taiwan. But heck, that was in May. Seeing as Vance's opinion of trump went from "America's Hitler" and being "cultural heroin" to his BFF with all the answers to America's problems, even though you could put trump's true understanding of the world on the head of a pin, there's no doubt about his support for the stable genius.

Is the country really prepared for another ride on a chaotic merry-go-round with this guy at the helm?

Trump's trade war on China was a failure in every possible way​

Trump's trade war on China was a failure in every possible way

China isn't even close to fulfilling its end of the deal.

www.axios.com

Trump's proposed blanket tariffs would risk a global trade war​

https://www.piie.com/blogs/realtime-economics/2024/trumps-proposed-blanket-tariffs-would-risk-global-trade-war

Examining Donald Trump’s Chapter 11 Bankruptcies​

Examining Donald Trump’s Chapter 11 Bankruptcies | ABI

www.abi.org

Grading Trump’s Economic Policies​

For the last four years, formal U.S. economic policy has all too often resulted from frantic, messy attempts by beleaguered government officials to “backfill” disconnected policy trenches dug by presidential tweets. That’s no way to run economic policy, and it shows.

https://www.cato.org/commentary/grading-trumps-economic-policies

​

 

[SassyIrishLass]

Orange Man bad thread.... number 2,456

 

[Nostra]

Excellent idea. Why should the American taxpayer pay for security of any and all nations?

 

[Moonglow]

Trump prefers to use weakness as diplomacy with aggressive leaders.

 

[1srelluc]

OP must be on the EBT and does not understand what fair exchange is.

 

[Moonglow]

Excellent idea. Why should the American taxpayer pay for security of any and all nations?

Israel is poh and needz our billions.

 

[theHawk]

Trump says Taiwan should pay the U.S. for defense; shares of chip giant TSMC fall​

Former U.S. President Donald Trump, who is vying for another White House mandate, said he thinks Taiwan should pay the U.S. for defense, claiming that the country “doesn’t give us anything.”

His comment was in response to a question on whether he would defend Taiwan against China, as part of an interview with Bloomberg Businessweek published on Tuesday.

Beijing considers democratically governed Taiwan as a part of its territory, and Chinese President Xi Jinping has previously said reunification with the mainland was “a historical inevitability.”

Trump said “Taiwan should pay us for defense.”

“You know, we’re no different than an insurance company. Taiwan doesn’t give us anything,” he added.

Trump appeared to link his comments to Taiwan’s semiconductor industry, which is one of the most advanced in the world.

″[Taiwan] did take about 100% of our chip business,” Trump said.

https://www.cnbc.com/2024/07/17/trump-says-taiwan-should-pay-the-us-for-defense-shares-of-tsmc-fall.html

It's hard to know whether Don acting like a mob boss asking for protection money is due to ignorance (Taiwan plays a supporting role primarily by providing manufacturing services for US chip companies who still dominate in terms of intellectual property), or his affection for totalitarian leaders like Xi.

Maybe he's trying to make people forget about the failure of his much ballyhooed deal to bring Foxconn to the US after Biden's successful deal with Taiwan Semiconductor.

One wonders if behind closed doors JD will express his opinion, revealed in a recent interview, that the US should make it as hard as possible for China to take Taiwan. But heck, that was in May. Seeing as Vance's opinion of trump went from "America's Hitler" and being "cultural heroin" to his BFF with all the answers to America's problems, even though you could put trump's true understanding of the world on the head of a pin, there's no doubt about his support for the stable genius.

Is the country really prepared for another ride on a chaotic merry-go-round with this guy at the helm?

Trump's trade war on China was a failure in every possible way​

Trump's trade war on China was a failure in every possible way

China isn't even close to fulfilling its end of the deal.

www.axios.com

Trump's proposed blanket tariffs would risk a global trade war​

https://www.piie.com/blogs/realtime-economics/2024/trumps-proposed-blanket-tariffs-would-risk-global-trade-war

Examining Donald Trump’s Chapter 11 Bankruptcies​

Examining Donald Trump’s Chapter 11 Bankruptcies | ABI

www.abi.org

Grading Trump’s Economic Policies​

For the last four years, formal U.S. economic policy has all too often resulted from frantic, messy attempts by beleaguered government officials to “backfill” disconnected policy trenches dug by presidential tweets. That’s no way to run economic policy, and it shows.

https://www.cato.org/commentary/grading-trumps-economic-policies

​

President Trump is a master of world peace and getting allies to pay their way.

You idiots seem to want us to keep spending our tax dollars on these countries, it’s time for them to start paying their faire share. Taiwan is a very wealthy nation. He will make a deal that benefits us and keeps Communist China out of Taiwan. I’m sure that will make you cry.

 

[berg80]

Trump prefers to use weakness as diplomacy with aggressive leaders.

Interesting that when asked if he would defend Taiwan he immediately deflected to demands they pay us to defend them. Never really answering the question. Which is how he rolls.

 

[berg80]

President Trump is a master of world peace

Darn it. You made me spit my coffee across the table.

 

[Moonglow]

Interesting that when asked if he would defend Taiwan he immediately deflected to demands they pay us to defend them. Never really answering the question. Which is how he rolls.

The Senate makes those decisions.

 

[theHawk]

Darn it. You made me spit my coffee across the table.

Sounds like a demon manifesting when confronted with the truth.

 

[berg80]

The Senate makes those decisions.

Somebody should tell trump.

 

[berg80]

Sounds like a demon manifesting when confronted with the truth.

The truth? More like the fawning, deluded adoration of a cult member.

 

[berg80]

From a previously linked article........

Former President Donald Trump has promised more tariffs if reelected, 60 percent against Chinese goods, 10 percent against products from the rest of the world. These are in addition to the tariffs he imposed during his time in office and presumably on top of some noteworthy tariffs added to by President Joseph R. Biden, Jr., including the 100 percent tariff on Chinese-made electric vehicles (EVs). China was considered a strategic competitor under the former Trump administration's National Security Strategy; other countries were not. Into this “rest of the world” category fit allies, neighbors, and just innocent bystanders.

Why 10 percent? Why all countries? There is no other reasonable explanation than that Trump considers all trade to be “unfair” in some respect, or at least disadvantageous.

This isn’t normally the way presidents act when it comes to tariffs. Additional tariffs are generally imposed very selectively, under trade remedy statutes crafted by Congress. They are actions taken pursuant to a finding that a particular product is involved in a specified unfair trade act, or it may be that the new tariff is a surgical retaliatory measure to open a market for a specified American product.

Many uncertainties surround Trump’s proposals.

Uncertainty, trump's stock and trade.

 

[theHawk]

The truth? More like the fawning, deluded adoration of a cult member.

Remind us how many wars President Trump started.

He got Islamic counties to recognize the state of Israel.

He got rocket man to stop launching missiles.

He drastically reduced the wars he inherited from Obama (Iraq and Afghanistan).

He got us out of Obama’s war, Syria.

Those are the facts. Now let’s hear the cope….

 

[theHawk]

From a previously linked article........

Former President Donald Trump has promised more tariffs if reelected, 60 percent against Chinese goods, 10 percent against products from the rest of the world. These are in addition to the tariffs he imposed during his time in office and presumably on top of some noteworthy tariffs added to by President Joseph R. Biden, Jr., including the 100 percent tariff on Chinese-made electric vehicles (EVs). China was considered a strategic competitor under the former Trump administration's National Security Strategy; other countries were not. Into this “rest of the world” category fit allies, neighbors, and just innocent bystanders.

Why 10 percent? Why all countries? There is no other reasonable explanation than that Trump considers all trade to be “unfair” in some respect, or at least disadvantageous.

This isn’t normally the way presidents act when it comes to tariffs. Additional tariffs are generally imposed very selectively, under trade remedy statutes crafted by Congress. They are actions taken pursuant to a finding that a particular product is involved in a specified unfair trade act, or it may be that the new tariff is a surgical retaliatory measure to open a market for a specified American product.

Many uncertainties surround Trump’s proposals.

Uncertainty, trump's stock and trade.

I thought you guys like raising taxes?

We need to pay off the insane national debt.