Trump: Will Raise Tariffs &#x2018;Even Higher&#x2019; If China Trade Deal Not Reached

We Have A Crazy Person Running Our County

https://youtu.be/yf8ERnsSitI

Sahir12

Nov 19, 2019 11:46am

Quoting Goldorak06

Disliked

it is the exact reaction China wanted to have from him , they do not want to make a deal , they just wait for the impeachment or next election , it is a war ..

Ignored

i know but imagine if trump win upcoming election and then tell me what next china move
i know china wait US election but my sixth sense says trump again win the election

clockwork71

Nov 19, 2019 1:46pm

Quoting GillyFX

Disliked

Very innovative of the Donald ?!?! What is his next weapon, after this….?? "I will give you an even more larger tariff, than the biggest you have ever seen, if you dont take this"…..LOL. Put him in nearby Kindergarden, and look after him !! His dry powder is soaking wet, and all can see it too. By the way my dad is stronger than your dad !! Chinese just yawn, drink one more of the Baijio horsepiss, and laugh their asses off. They dont need Donald or US, and prepare their own agenda. He should have know it by now. Anyway, and again to Donald,...

Ignored

The Chinese are up to their necks in debt. Beyond that, 'stimulus' is getting 1 CNY for each 7 CNY in credit....China isn't as strong as you have been told.

Nov 19, 2019 12:49pm

Quoting GillyFX

Disliked

Very innovative of the Donald ?!?! What is his next weapon, after this….?? "I will give you an even more larger tariff, than the biggest you have ever seen, if you dont take this"…..LOL. Put him in nearby Kindergarden, and look after him !! His dry powder is soaking wet, and all can see it too. By the way my dad is stronger than your dad !! Chinese just yawn, drink one more of the Baijio horsepiss, and laugh their asses off. They dont need Donald or US, and prepare their own agenda. He should have know it by now. Anyway, and again to Donald,...

Ignored

Hard to say what someone else knows or doesn't.

Something we shouldn't forget is American people like a deal. Lots of couponers around here. If the price of something is too high they won't buy it! You are right, tariffs increase consumer cost but they also cost the producer in terms of total sales.

As far as China not needing US...
That kind of statement doesn't make any sense to me.

Nov 19, 2019 11:16am

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Nov 19, 2019 12:12pm

Train is leaving for real. Get on board. Last chance

Nov 19, 2019 12:32pm

who eatin some bull beefy Double Big Macs with me tonight??

Attached Image

Nov 19, 2019 3:28pm

Quoting Don100

Disliked

Guys any news on oil? It is oki to buy oil now ? Or will drop more?

Ignored

Drop oil (on all reserve) trade at your own risk

GillyFX

Nov 19, 2019 1:55pm — Edited

Quoting Skracor247

Disliked

{quote} Hard to say what someone else knows or doesn't. Something we shouldn't forget is American people like a deal. Lots of couponers around here. If the price of something is too high they won't buy it! You are right, tariffs increase consumer cost but they also cost the producer in terms of total sales. As far as China not needing US... That kind of statement doesn't make any sense to me.

Ignored

Skracor, Yes, most would be ok with a deal, including American people. Donald started the show, without knowing what he did (my, and more and more similar comments now). As market forces rules, increased tariffs are needed to be picked up by importer. And like you point out, most likely the cost of these goods can be bought cheaper elsewhere, other countries, provided price competitive. Take the largest value product imported to US from China which is soybeans. US is largest producer in the world with some total Production of 108 mill metric tons in 2018, Brazil is growing fast at 88 mill tons, just behind Brazil you have 3rd largest producer, Argentina. China has already secured much of the volumes needed, at prices similar to, and even below US, I heard. so no denpendency on this area. Lean hogs and Pork is another commodity, also affected by the swein flu in Asia, and US was main supplier, but last week China already secured similar volumes from large producers in Europe, Denmark is signed, and still negotiation going on With others. Others large imports to China from US are Aircrafts, Boeing....? No, they already placed orders with Airbus. Cars and vehicles also large import to China, but they increase their own production capacity, create more work in domestic market, and fill that hole too. Remember, Mercedes, BMW, Audi, VW and several others quality cars have produced these cars in China last 8-10 years. I saw more of these cars on the roads in China than other countries (working in Henan & Shangxi provinces, Beijing and Shanghai in 2010 & 2014-2016). What I mean is that China is not dependant on US for most of their imports. This comprised at about USD 120 bln in 2018. China export to US is about 4.5 times larger values than the imports, and it was USD 540 bln in 2018. There will be some reduction on China export, and for sure not a growth scenario (as many other countries experience now and next year), but still not depending on US as a buyer and import to US. Still US will buy from China, say 40-60%, maybe more. On USD and currencies, many countries are looking for substitutes, and I think we will see some developments and independence in this area too, as most countries dont trust Donalds impulses and instability. They will simply not rely on his mood and tricks forward, regardless of he continues as POTUS or not.
But as you see it is not the end of the world for China, and they dont care about Donald`s threats, as they turn around and fix their problem faster than most. I think you get my point on dependency.
All this said, I dont disagree to some of the needed balances in the markets for US, but the methods used, lack of respect, with BS twitters all around - every day, does not work anywhere, maybe only between the mobsters in NJ and NYC. It hits back on him, and he dont understand it. Selfdestruction….

GillyFX

Nov 19, 2019 2:28pm

Quoting clockwork71

Disliked

{quote} The Chinese are up to their necks in debt. Beyond that, 'stimulus' is getting 1 CNY for each 7 CNY in credit....China isn't as strong as you have been told.

Ignored

Clockwork, I though first you meant the US national debt, in which statement you would be correct. But in case you really ment China (?!?), I will spend 5 min and help you some. I usually dont respond to non- factual comments, and people that has not done their homework. But an exception made here, only this time: China has approx USD 5.4 trillion in National debt, and it reprecents approx. 46% of the GDP. USA has an astronomous debt of USD 23 trillion, as Donald has increased more than any POTUS, by USD 4.7 trillion in 3 years, still in a relatively good economical period (what will happen if it turns and we hit a resession like period ??). The US National Debt represents 108% of the GDP. China is in far better shape than US, growing less as they did 7.5% some years ago, the GDP growth was about 6.6% in 2018, while US same year grew 3.1% (aall above official 2018 facts). The numbers speaks for itself.

NotAtrader

Nov 19, 2019 11:28am

Quoting Skracor247

Disliked

{quote} ??? https://www.youtube.com/watch?v=PszYZyg3QSA

Ignored

Erna isn’t my favorite, but she is nowhere near Trump in terms of ignorance and stupidity.

Said that, I hope both will lose the next election.

auricforecas

Nov 19, 2019 3:07pm

Well, it seems TRUMP does not only LOVE gold but is very good for GOLD (prices)... As long as I read news like this, I have almost zero worried about gold not going up

Thanks for re-affirmation that we should love (buying/holding) gold

Almost typed it HOLD... G/H-OLD

Nov 19, 2019 3:27pm

Quoting afevir

Disliked

[quote = Tony112; 12623745] Who eats with me some clumsy Big Big Macs with me tonight? {image} [/ quote] I want to eat another one with you tonight, friend and this time revenge of the panda https://twitter.com/CNN/status/1196858176265707524

Ignored

Hahaha let’s eat that with an extra large fry or poutine lol

afevir

Nov 19, 2019 11:48am

Lt. Col. Alexander Vindman, the National Security Council official testifying as part of the House impeachment inquiry into Trump, has reached out to the US Army about the security of his family as he comes under repeated attack by Trump and his allies.

afevir

Nov 19, 2019 1:57pm — Edited

[quote = Tony112; 12623745] Who eats with me some clumsy Big Big Macs with me tonight? {image} [/ quote]

I want to eat another one with you tonight, friend
and this time revenge of the panda
https://twitter.com/CNN/status/1196858176265707524

Nov 19, 2019 12:03pm

Quoting Sahir12

Disliked

{quote} i know but imagine if trump win upcoming election and then tell me what next china move i know china wait US election but my sixth sense says trump again win the election

Ignored

Just an opinion but I don't think China is waiting for the election or impeachment.

I think China is waiting to implement its own reserve currency in the usurpation of the US dollar. This current 'Trade War' is merely a delay tactic on their part.

Since we cannot know exactly what they are thinking this is only a theory.

I am fairly confident the President will not be impeached due to the current politics of the country. He most likely will win reelection. China, as some have pointed out, is no dummy and surely will have a plan for any outcome. Really all they would have to do is wait for the US to implode its own economy with more cheap currency. If China continues printing alongside us and everyone else we are all of us screwed anyway.

How do you pick the best toilet paper to wipe with??? It is extremely hard, by the way, to wipe with digital currency. Your phone will never be the same...

GillyFX

Nov 19, 2019 12:26pm

Very innovative of the Donald ?!?! What is his next weapon, after this….?? "I will give you an even more larger tariff, than the biggest you have ever seen, if you dont take this"…..LOL. Put him in nearby Kindergarden, and look after him !! His dry powder is soaking wet, and all can see it too.
By the way my dad is stronger than your dad !!
Chinese just yawn, drink one more of the Baijio horsepiss, and laugh their asses off. They dont need Donald or US, and prepare their own agenda. He should have know it by now.
Anyway, and again to Donald, as he seem not to get this….: The increased tariff / cost of any imported Chinese goods to US, ends up on the US consumer.

nbfx

Nov 19, 2019 4:13pm

Quoting Don100

Disliked

Guys any news on oil? It is oki to buy oil now ? Or will drop more?

Ignored

My take on it is that while some are seeking to tighten up supply (and support the price) other (e.g. Russia) aren't keen to play ball and US inventories are rising and expected to rise further this week. As to what the precise trigger has been for today's fall - never found out but I'm sure they're in the mix...

ww3361

Nov 19, 2019 11:47am

Let's all agree to not buy risk until phase 2 is signed and ignore the lies in the meantime.......

...... can you imagine?!

What's happened to markets that test the politicians?

What happened to the market that made Soros his first billion?

How much longer will the fad of blindly believing any lie that pops up on BBG/Social media end? It will do eventually, laws of diminishing returns etc. Wish it would happen sooner.

There will be no trade deal.

Goldorak06

Nov 19, 2019 11:40am

it is the exact reaction China wanted to have from him , they do not want to make a deal , they just wait for the impeachment or next election , it is a war ..

Nov 19, 2019 11:55am

When can I make a Meal Ticket? (1m$) dump and set me free!!!

Nov 19, 2019 12:37pm

ok, did oil just die today?

Vancarbon

Nov 19, 2019 1:55pm

[quote=clockwork71;12623853]{quote} The Chinese are up to their necks in debt.

......and the US isn't .

In fact the whole world is .

Nov 19, 2019 11:19am

Everybody is playing 'Chicken' with this trade deal... Who will swerve first?

Nov 19, 2019 11:23am

Quoting NotAtrader

Disliked

We Have A Crazy Person Running Our County https://youtu.be/yf8ERnsSitI

Ignored

???

Inserted Video

swd

Nov 19, 2019 1:54pm

Quoting Tony112

Disliked

{image}

Ignored

lol, man that is funny

Nov 19, 2019 11:17am

Burik

Nov 19, 2019 1:46pm

BURIK

Nov 19, 2019 1:47pm

Quoting Satendra

Disliked

Gold buy 1470-75 sl 1439 target 1555-1625 silver buy 1690-1700 sl 1659 target 1850-1950 3 month only

Ignored

LOL...U will loss all your money

asmadi78

Nov 19, 2019 2:30pm

Quoting Don100

Disliked

Guys any news on oil? It is oki to buy oil now ? Or will drop more?

Ignored

Wrong Channel

franco86

Nov 19, 2019 5:41pm

Quoting Satendra

Disliked

Gold buy 1470-75 sl 1439 target 1555-1625 silver buy 1690-1700 sl 1659 target 1850-1950 3 month only

Ignored

Watch the movie " the wolf of wall street "

Sahir12

Nov 19, 2019 11:34am

Quoting NotAtrader

Disliked

{quote} Erna isn’t my favorite, but she is nowhere near Trump in terms of ignorance and stupidity. Said that, I hope both will lose the next election.

Ignored

just wait and watch bro

foto

Nov 19, 2019 3:24pm — Edited