Current Affairs Donald Trump POS: Judgement cometh and that right soon

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ilikecheese said:
Japan using their own shock and awe kamikaze attacks later in the war on US ships was damn effective and showed what people are willing to do to win...at all costs.
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Yeah, that was pretty insane stuff...weren't isolated events either, a few thousand kamikaze pilots officially.
 
LinekersLegs said:
From that article

You’ll know the EU better than I but I don’t understand how the EU can commit private business to buy anything including soybeans and have no idea how much government contolled agencies buy - is it a lot?

Surely the reason a private business would buy US soybeans now is because China has switched contracts to Brazil/Russia supply raising those prices and tanking US soybean prices - so aren’t the EU trying to con Trump with claiming credit for what normal market forces would already achieve given Trump’s wrecked other markets for his own farmers?

The only other “commitment” seems to be increased LNG which will only occur in the future and likely would have happened anyway through both market forces and security concerns about having diverse suppliers.

These seem mightly slim reeds to base a “he has got the EU to move” conclusion even if you ignore whether these could have been achieved by negotiations without imposing any sanctions.
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The EU, just like Trump, is a bully, only now it’s met a bigger bully. As soon as Trump threatened Germany over its car exports, Juncker was dispatched to cave in, gracefully. Germany is dependent upon its two largest markets for cars, the U.K. and the USA and with the U.K. leaving the EU they really don’t want any further uncertainty. The EU would not have moved a single inch without imposing sanctions, why should it, it had everything in its favour, tariffs and more importantly technical obstacles which it deploys unmercifully to stop anything it doesn’t want.

This is still very early stages of negotiation, but Trump has shaken the EU and the USA will end up with a much more equal deal in trade as a result, to the benefit of the USA......
 
peteblue said:
Certainly not. I am very please for the USA and it points the way for the U.K. politicians to deal with the EU, being nice with them gets you absolutely nowhere....
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Wasn’t the entire idea that leaving the EU would allow Britain to trade with the ‘World’?

Despite the fact that 80% of the businesses that were supposedly being given this massive new opportunity saying that they’d rather stay in the EU, and then BJ saying ‘f*** business’ when a number of our largest manufacturers stood up and said the loss of the SM and CU would be a disaster for them........

But putting that aside, the EU has since done a deal with Japan, now the US is back at the table, so they’re notching off the ‘brave new World’ opportunities one by one. It’s making the entire premise look like a tad daft. There’s currently 4 powerhouses on the global stage from a trade perspective, China, the US, the EU and India. We’re voluntarily leaving one of those, in order to try and set ourselves up in direct competition on the World stage.
 
peteblue said:
The EU, just like Trump, is a bully, only now it’s met a bigger bully. As soon as Trump threatened Germany over its car exports, Juncker was dispatched to cave in, gracefully. Germany is dependent upon its two largest markets for cars, the U.K. and the USA and with the U.K. leaving the EU they really don’t want any further uncertainty. The EU would not have moved a single inch without imposing sanctions, why should it, it had everything in its favour, tariffs and more importantly technical obstacles which it deploys unmercifully to stop anything it doesn’t want.

This is still very early stages of negotiation, but Trump has shaken the EU and the USA will end up with a much more equal deal in trade as a result, to the benefit of the USA......
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But the EU haven’t actually moved Pete or made any concessions at all - look at this Bloomberg article from a whole month ago predicting that EU would buy more soybeans for the market forces reasons I stated.
https://www.bloomberg.com/news/arti...rn-u-s-into-top-soybean-supplier-to-eu-market

And as far as I can see the tentative discussions that Trump have heralded are exactly what was discussed in the TTIP in 2016 - unless I’m missing somthing Junker has just taken advantage of Trump’s general ignorance of piddly details and desire to look like he is making deals and headed off car tariffs without giving an inch and indeed has got Trump to commit to talks about a version of TTIP that Trump would have refused last year.

Also if I was a soybean farmer that before all these tariffs was expecting to sell say 10 tonnes of soybeans to China for $11 a bushel (as @BlueTX talked about earlier in the thread) I’d be very concerned that I will probably get only around $8 from the EU and that it was unlikely that the EU would replace the entire tonnage lost as they consume much less than China does.
 
LinekersLegs said:
But the EU haven’t actually moved Pete or made any concessions at all - look at this Bloomberg article from a whole month ago predicting that EU would buy more soybeans for the market forces reasons I stated.
https://www.bloomberg.com/news/arti...rn-u-s-into-top-soybean-supplier-to-eu-market

And as far as I can see the tentative discussions that Trump have heralded are exactly what was discussed in the TTIP in 2016 - unless I’m missing somthing Junker has just taken advantage of Trump’s general ignorance of piddly details and desire to look like he is making deals and headed off car tariffs without giving an inch and indeed has got Trump to commit to talks about a version of TTIP that Trump would have refused last year.

Also if I was a soybean farmer that before all these tariffs was expecting to sell say 10 tonnes of soybeans to China for $11 a bushel (as @BlueTX talked about earlier in the thread) I’d be very concerned that I will probably get only around $8 from the EU and that it was unlikely that the EU would replace the entire tonnage lost as they consume much less than China does.
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Thanks for the synopses LL, I've been trying to find a straightforward explanation of what went on yesterday.
 
LinekersLegs said:
But the EU haven’t actually moved Pete or made any concessions at all - look at this Bloomberg article from a whole month ago predicting that EU would buy more soybeans for the market forces reasons I stated.
https://www.bloomberg.com/news/arti...rn-u-s-into-top-soybean-supplier-to-eu-market

And as far as I can see the tentative discussions that Trump have heralded are exactly what was discussed in the TTIP in 2016 - unless I’m missing somthing Junker has just taken advantage of Trump’s general ignorance of piddly details and desire to look like he is making deals and headed off car tariffs without giving an inch and indeed has got Trump to commit to talks about a version of TTIP that Trump would have refused last year.

Also if I was a soybean farmer that before all these tariffs was expecting to sell say 10 tonnes of soybeans to China for $11 a bushel (as @BlueTX talked about earlier in the thread) I’d be very concerned that I will probably get only around $8 from the EU and that it was unlikely that the EU would replace the entire tonnage lost as they consume much less than China does.
Click to expand...

Then we will have to wait and see how both sides communicate the outcome of the talks and how it is reflected in terms of trade.....
 
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