TOPIC:

gtrxuone wrote:

Democrats Senator Mark Warner from Virginia.Has roasted US trade officals in a Senate hearing.About US Trade Tarriffs.
Senator Warner spoke about the large US trade surplus with Australia.And also spoke about the close security arrangment, between the two nations.The breach of a current FTA.
US trade officals claim our ban on US Beef and PORK.A two decade ban after the US had mad cows disease.
Senator Warner ignored the beef and pork ban.And claimed the USA .No longer reconised friend from foe in trade negotiations.

Yep at least someone is talking up for Australia, a Dem, certainly no MAGA or GOP deadheads.

One step forward, two steps back, three steps to left or is it the right?...

Questions now being asked about insider trading by the Trumpster and his bandits.

Text book insider trading when he goes on Truth Social and declares now is a good time to buy shares and 2 hours later announces a 90 day pause in tariffs. I predicted the same on this thread earlier as did others.

The only problem is he'll pardon himself and his mates and that'll be the end of it. Plus the Supreme Court ruling that President's are immune from prosecution whilst in power and doing things in the national interest also means he'll get away without any sanctions. Raising and lowering tariffs is his choice and making money a by-product of doing it.

royallucky wrote:

gtrxuone wrote:

It looks like the US will have to import Steele and Aliminium for at least 3,years.
Until tthe local producers can retoole and build new plants.To meet Local production requirements.
That would be making local US producers incredibly nervious.What happens when Trump leaves the WH.

Well that is the point of these idiotic tariffs,if he is actually serious about forcing manufacturers to relocate to the US,it takes years to put the appropriate infrastructures in place.A pundit made the observation that Dopey must think you can buy instant inflatable car manufacturing plants from COSCO,as well as the fact he’s conveniently ignoring the US’s higher labour and productivity costs,relative to other countries.I’m starting to think the convicted felon and his drop kick springbok mate are deliberately tanking the markets,until he decides to reverse the tariffs,which would be the crudest form of inside trading the world has ever seen.

I just thought I’d indulge myself,and revisit what I said a month ago.

Wow, Donald’s not a popular man anymore.

 

Baz that Senator Warner from Vaginia.Is the second wealthest Senator in US polotics.Has assests worth over 220 million US.
Hes a successful business man,his opinion should be listened to..By occupation hes some kind of Telecommunications engineer.Thats how he made his money.

58shark wrote:

Wow, Donald’s not a popular man anymore.

 

Very interesting Sharkie,I wasn’t aware of the US stock circuit breaker,which halts trading when a stock plummets into dangerous territory.

BC wrote:

Text book insider trading when he goes on Truth Social and declares now is a good time to buy shares and 2 hours later announces a 90 day pause in tariffs. I predicted the same on this thread earlier as did others.

The only problem is he'll pardon himself and his mates and that'll be the end of it. Plus the Supreme Court ruling that President's are immune from prosecution whilst in power and doing things in the national interest also means he'll get away without any sanctions. Raising and lowering tariffs is his choice and making money a by-product of doing it.

There was an upward spike on the Nasdaq on Monday,on the back of a rumour that there would be a pause on the tariffs,which the circus tent,otherwise known as the Whitehouse,dismissed as false rumours,before the markets spiralled downwards again after the apparent false alarm,which was more than likely a deliberate leak to “test the waters”.You’ve got to say what was once the beacon of western democracy,has degenerated into cesspool of blatant corruption,commandeered by a morally bankrupt convicted felon.

Trump is playing you fools on a break. 😂 He's got the world economy in panic mode and The Don is pulling all the strings.