Trade Wars and Tariffs

#3,051
#3,051
n_huffhines said:
China recently awarded New Balance $1.5M over a trademark dispute. There wasn't 0 enforcement.

It's an area where we can't know what the truth is because we wage propaganda campaigns against China, and China is a propaganda machine. It's impossible to know how much actual enforcement there is. But it's clear it wasn't 0.
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1.5 was back in the twenty teens. there was a more recent case where they won like 3 million.

and they only won because New Balance was going to pull out of China if the cases wasn't addressed. the Chinese copycat essentially just opened up another copycat, and made enough money to cover the lawsuit before the Chinese actually did anything to stop them.
 
#3,052
#3,052
EasternVol said:
It's not 1957. Other places have food too.
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not enough. I broke it down somewhere else. We are the second biggest food supplier for China, I think Brazil is #1. our EXPORTS to china are more than the next three largest food exporters to China TOTAL food production combined. not their exports to China, their total food production.
 
#3,057
#3,057
n_huffhines said:
Of course. China is a country of a billion people which means they have IP theft, and there is no strong incentive for the government to spend a ton of resources to eliminate all international IP violations. We have IP violations all the time in the US, too. You think because China has IP theft that their government is doing nothing about it? That's not what's happening. It's not 0 enforcement right now. It's inconsistent enforcement....which will always be a problem everywhere.
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We should tariff China regardless of IP theft. Same with Russia, Iraq, and North Korea
 
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#3,061
#3,061
LouderVol said:
not enough. I broke it down somewhere else. We are the second biggest food supplier for China, I think Brazil is #1. our EXPORTS to china are more than the next three largest food exporters to China TOTAL food production combined. not their exports to China, their total food production.
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It seems like they could make up for the loss of our exports if needed. At least Wells Fargo thinks so. The paragraph after the 4th graph Gross Production Value Agricultural Commodities in the link below refers.

China’s Future Role in U.S. Exports - Wells Fargo Commercial

China has had an outsized influence on U.S. agriculture for the last two decades.
www.wellsfargo.com www.wellsfargo.com
 
#3,064
#3,064
evillawyer said:
Dow was down over 5%; now closer to 2.5%. I'm sure we'll get a leg-humper or two claiming that's a victory.
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I figured it was going to rebound a bit even today. But the fundamental basis of the “throw 💩 at the wall” strategy is still in place and I’d guess we will still find a new low. Likely not as low as we were heading yesterday but still lower than we had achieved.
 
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#3,071
#3,071
SpaceCoastVol said:
Show your work on this one Chief.
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Seriously? Trump even bragged about it in the oval office

newrepublic.com

Trump Brags About How Tariff Pause Made His Friends Even Richer

Donald Trump’s decision to pause his tariffs sent the stock market soaring.
newrepublic.com newrepublic.com

“He made $2.5 million today, and he made $900 million! That’s not bad,” Trump said, pointing to financial investor Charles Schwab and Roger Penske, a Nascar team owner, respectively.
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Bloomberg reported that Wednesday was the “best day ever” for billionaires, as the world’s wealthiest people raked in a heaping $304 billion as the markets shot back up.
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The day’s biggest individual winner should come as no surprise: Elon Musk made a whopping $36 billion as Tesla stock soared up 23 percent.
Click to expand...
 
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#3,074
#3,074
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#3,075
#3,075
utvolpj said:
Seriously? Trump even bragged about it in the oval office

newrepublic.com

Trump Brags About How Tariff Pause Made His Friends Even Richer

Donald Trump’s decision to pause his tariffs sent the stock market soaring.
newrepublic.com newrepublic.com
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I got richer (on peper) yesterday with no inside trading information.

schwabb owns millions/billions of dollars worth of stock so of course he got richer without having to buy a single share.

how many dump truck loads of hypocrisy from Dems in Congress who have made miilions off of inside information.
 
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