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Ladybbird · 04-04-25, 13:38

Really Big Deal: Chinas Response to Trump Will Really Hurt US Farmers

'HE Made a Mistake': Trumps Trade War Sends GOP Into Frenzy as The Numbers of Republicans Against Him Are Growing

Trumps STUPIDITY on TARIFFS Send ANGRY Republicans Into a Tailspin

AP 4 APR 2025

We turned out to be the loser - Financial analyst blasts Trump over his economic fiasco

Fear, trepidation and loathing are now, seemingly, Americas top exports. Just ask Senate Republicans.

A day after Donald Trump slapped a 10% tariff on most every U.S. import, some in the GOP are freaking out.

I cant stand talking to more than one person, Sen. Jerry Moran R KS scolded a congressional reporter Thursday afternoon before answering Raw Storys tariff question while waiting for a Capitol underground tram to arrive. I would have expected more targeted tariffs to meet the needs of where countries are taking advantage of us, and perhaps a more modest approach in the amounts.

The tariffs have some Senate Republicans publicly complaining. Thats NEW.

While a mere four Senate Republicans voted against Trumps Canadian tariffs Wednesday eve, that measure was largely symbolic. On paper, at least.

In reality, theres a crack in the facade. And some Senior Republicans a number that will grow if the markets keep nose diving and U.S. allies keep fuming have had enough already and are vocally opposing Trumps tariffs.

Chinas Response;

China responded to Donald Trumps trade war threats with its own 34 percent retaliatory tariffs on all U.S. goods, and a CNN correspondent warned that farmers could be hit hard by the move.

This is significant, said Marc Stewart. Im going to put that in boldface type. This is a really big deal, these tariffs, these 34 percent tariffs on all American imports are the fight back that China said it would do if pressured by the United States. These additional tariffs, because there are already tariffs of anywhere from 10 percent to 15 percent already in place.

These tariffs will certainly hurt the American economy in the sense that they will really hurt the heartland of America, as in Americas farmers right now. If we look at all of the products that China imports in from the United States, soybeans topped the list.

Soybeans are needed here in China because they are the ingredient that fuels the pork industry, which is one of the top commodities in this part of the world. So these additional tariffs are very strategic in the sense that they will hit farmers in the middle part of the United States.

AND...
EU Has a VERY Strong Plan to Retaliate on Trump Tariffs, Says Commissioner Ursula Von der Leyen

Ursula Von der Leyen

Trump, who has upended eight decades of certainties about the transatlantic relationship since taking office, has threatened tariffs on goods from around the world from Wednesday. His administration in March put tariffs on imported steel and aluminium and said higher duties on cars would come into effect

Von der Leyen, speaking to the European parliament on Tuesday, said the next sectors facing tariffs would be semiconductors, pharmaceuticals and timber.

She said Europe has not started this confrontation. We do not necessarily want to retaliate, but if it is necessary we have a strong plan to retaliate and we WILL use it she said.

After the announcement of the steel and aluminium tariffs in March, the commission said it would impose countermeasures on up to ?26bn of US goods. These include the reimposition of tariffs on $4.5bn of US goods, such as jeans and Harley-Davidson motorbikes, which were suspended during the presidency of Joe Biden.

The measures are due to be implemented in mid April, after the EU executive chose to delay the initial 1 April date in order to align them with other steps and fine tune the EU position among the 27 member states.

The EU executive is consulting member states over a SECOND tranche of tariffs, worth around ?18bn, covering steel, aluminium, poultry, beef, seafood and nuts.

Unfortunately its the American people that will pay the most, caused by a man that doesnt really comprehend the GLOBAL world of finance

Trump reveals $5 million gold card with his face on & It will cost you $5million. It's pathetic and so is he

04-04-25, 13:38	#5
Ladybbird Join Date: Feb 2011 Posts: 50,628 Thanks: 28,768 Thanked 14,429 Times in 10,235 Posts Awards Showcase Total Awards: 8	Tariffs-ANGRY GOP; 'HE Made a Mistake' & America Will PAY, So Will US Farmers Really Big Deal: Chinas Response to Trump Will Really Hurt US Farmers 'HE Made a Mistake': Trumps Trade War Sends GOP Into Frenzy as The Numbers of Republicans Against Him Are Growing Trumps STUPIDITY on TARIFFS Send ANGRY Republicans Into a Tailspin AP 4 APR 2025 We turned out to be the loser - Financial analyst blasts Trump over his economic fiasco Fear, trepidation and loathing are now, seemingly, Americas top exports. Just ask Senate Republicans. A day after Donald Trump slapped a 10% tariff on most every U.S. import, some in the GOP are freaking out. I cant stand talking to more than one person, Sen. Jerry Moran R KS scolded a congressional reporter Thursday afternoon before answering Raw Storys tariff question while waiting for a Capitol underground tram to arrive. I would have expected more targeted tariffs to meet the needs of where countries are taking advantage of us, and perhaps a more modest approach in the amounts. The tariffs have some Senate Republicans publicly complaining. Thats NEW. While a mere four Senate Republicans voted against Trumps Canadian tariffs Wednesday eve, that measure was largely symbolic. On paper, at least. In reality, theres a crack in the facade. And some Senior Republicans a number that will grow if the markets keep nose diving and U.S. allies keep fuming have had enough already and are vocally opposing Trumps tariffs. Chinas Response; China responded to Donald Trumps trade war threats with its own 34 percent retaliatory tariffs on all U.S. goods, and a CNN correspondent warned that farmers could be hit hard by the move. This is significant, said Marc Stewart. Im going to put that in boldface type. This is a really big deal, these tariffs, these 34 percent tariffs on all American imports are the fight back that China said it would do if pressured by the United States. These additional tariffs, because there are already tariffs of anywhere from 10 percent to 15 percent already in place. These tariffs will certainly hurt the American economy in the sense that they will really hurt the heartland of America, as in Americas farmers right now. If we look at all of the products that China imports in from the United States, soybeans topped the list. Soybeans are needed here in China because they are the ingredient that fuels the pork industry, which is one of the top commodities in this part of the world. So these additional tariffs are very strategic in the sense that they will hit farmers in the middle part of the United States. AND... EU Has a VERY Strong Plan to Retaliate on Trump Tariffs, Says Commissioner Ursula Von der Leyen Ursula Von der Leyen Trump, who has upended eight decades of certainties about the transatlantic relationship since taking office, has threatened tariffs on goods from around the world from Wednesday. His administration in March put tariffs on imported steel and aluminium and said higher duties on cars would come into effect Von der Leyen, speaking to the European parliament on Tuesday, said the next sectors facing tariffs would be semiconductors, pharmaceuticals and timber. She said Europe has not started this confrontation. We do not necessarily want to retaliate, but if it is necessary we have a strong plan to retaliate and we WILL use it she said. After the announcement of the steel and aluminium tariffs in March, the commission said it would impose countermeasures on up to ?26bn of US goods. These include the reimposition of tariffs on $4.5bn of US goods, such as jeans and Harley-Davidson motorbikes, which were suspended during the presidency of Joe Biden. The measures are due to be implemented in mid April, after the EU executive chose to delay the initial 1 April date in order to align them with other steps and fine tune the EU position among the 27 member states. The EU executive is consulting member states over a SECOND tranche of tariffs, worth around ?18bn, covering steel, aluminium, poultry, beef, seafood and nuts. Unfortunately its the American people that will pay the most, caused by a man that doesnt really comprehend the GLOBAL world of finance Trump reveals $5 million gold card with his face on & It will cost you $5million. It's pathetic and so is he