• "Trade Deficit = Whip Hand"

    From Strap the Grifters to Gurneys@21:1/5 to All on Sun Apr 13 03:23:19 2025
    XPost: alt.fan.rush-limbaugh, or.politics, sac.politics

    https://voxday.net/2025/04/12/trade-deficit-whip-hand/

    Trade Deficit = Whip Hand
    Vox Day
    April 12, 2025

    Donald Trump makes the textbook economics explicit:

    https://www.rt.com/news/615679-trump-tariffs-too-high-dont-do-business-us/

    The countries that deem US tariffs on their goods to be too high can just stop doing business with America altogether, President Donald Trump has suggested. He further insisted that his latest trade policies have made
    the US "strong," bringing "billions of dollars a day" into its coffers.

    On Wednesday, the US president slapped stiffer "reciprocal" tariffs on nearly 90 nations, only to announce a 90-day pause and a "substantially lowered Reciprocal Tariff during this period, of 10%," in a post on his Truth Social platform several hours later. The pause however does not
    apply to China, with which the US has engaged in a tit-for-tat exchange of ever-higher tariffs, with most of Beijing's imports now subject to a 145% duty.

    Speaking to reporters aboard Air Force One on Friday, Trump proclaimed
    that "ultimately, we pretty much can do what we want to do. We can set the tariff, and they can choose not to deal with us, or they can choose to pay it," he explained, asserting that "if they think it's too high, they don't have to do business with us."

    It's a simple and obvious power equation. When you have nothing to lose, and you're the one who owns the market in which everyone is interested, then
    you're in control. No country with a trade deficit with the USA has any leverage at all, because the US is obviously better off not trading with it than continuing to trade with it on the basis of the system that has impoverished and hollowed-out the US economy.

    This is why the threats of returning the favor are so empty and stupid. The
    USA would BENEFIT from pure autarky, so trade restrictions are not a viable threat. The President's move is brilliant, because it not only protects the
    US markets, it prevents US companies from leaving the USA as well.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Chris Ahlstrom@21:1/5 to Strap the Grifters to Gurneys on Sun Apr 13 06:41:13 2025
    XPost: alt.fan.rush-limbaugh, or.politics, sac.politics

    Strap the Grifters to Gurneys wrote this post while blinking in Morse code:

    https://voxday.net/2025/04/12/trade-deficit-whip-hand/

    Trade Deficit = Whip Hand
    Vox Day
    April 12, 2025

    Donald Trump makes the textbook economics explicit:

    https://www.rt.com/news/615679-trump-tariffs-too-high-dont-do-business-us/

    Spasibo, comrade. RT :-D

    --
    LBJ, LBJ, how many JOKES did you tell today??!

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Siri Cruz@21:1/5 to Strap the Grifters to Gurneys on Sun Apr 13 04:38:56 2025
    XPost: alt.fan.rush-limbaugh, or.politics, sac.politics

    On 13/4/25 0:23, Strap the Grifters to Gurneys wrote:
    This is why the threats of returning the favor are so empty and
    stupid. The
    USA would BENEFIT from pure autarky, so trade restrictions are
    not a viable
    threat. The President's move is brilliant, because it not only
    protects the
    US markets, it prevents US companies from leaving the USA as well.

    Why did Insane Oranger fold like a wet crepe paper bag when Japan
    decided it no longer wanted US treasury paper. Maybe we want some
    continued business.

    Autarky has worked so well for DPRK.

    --
    Siri Seal of Disavowal #000-999. Disavowed. Denied. @
    'I desire mercy, not sacrifice.' /|\
    The Church of the Holey Apple .signature 4.0 / \
    of Discordian Mysteries. This post insults Islam. Mohamed

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Baxter@21:1/5 to Strap the Grifters to Gurneys on Sun Apr 13 20:15:01 2025
    XPost: alt.fan.rush-limbaugh, or.politics, sac.politics

    Strap the Grifters to Gurneys <enforcement@doge.gov> wrote in news:vtfop8$3egsk$1@news.tcpreset.net:

    https://voxday.net/2025/04/12/trade-deficit-whip-hand/

    Trade Deficit = Whip Hand
    Vox Day
    April 12, 2025

    Donald Trump makes the textbook economics explicit:

    https://www.rt.com/news/615679-trump-tariffs-too-high-dont-do-business-
    us/

    The countries that deem US tariffs on their goods to be too high can
    just stop doing business with America altogether, President Donald
    Trump has suggested. He further insisted that his latest trade
    policies have made the US "strong," bringing "billions of dollars a
    day" into its coffers.

    On Wednesday, the US president slapped stiffer "reciprocal" tariffs
    on nearly 90 nations, only to announce a 90-day pause and a
    "substantially lowered Reciprocal Tariff during this period, of
    10%," in a post on his Truth Social platform several hours later.
    The pause however does not apply to China, with which the US has
    engaged in a tit-for-tat exchange of ever-higher tariffs, with most
    of Beijing's imports now subject to a 145% duty.

    Speaking to reporters aboard Air Force One on Friday, Trump
    proclaimed that "ultimately, we pretty much can do what we want to
    do. We can set the tariff, and they can choose not to deal with us,
    or they can choose to pay it," he explained, asserting that "if they
    think it's too high, they don't have to do business with us."

    It's a simple and obvious power equation. When you have nothing to
    lose, and you're the one who owns the market in which everyone is
    interested, then you're in control. No country with a trade deficit
    with the USA has any leverage at all, because the US is obviously
    better off not trading with it than continuing to trade with it on the
    basis of the system that has impoverished and hollowed-out the US
    economy.

    This is why the threats of returning the favor are so empty and
    stupid. The USA would BENEFIT from pure autarky, so trade restrictions
    are not a viable threat. The President's move is brilliant, because it
    not only protects the US markets, it prevents US companies from
    leaving the USA as well.


    Ah! We see that you dropped out of 3rd grade.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)