Trade Wars and Tariffs

[NCFisher]

“manufacture a crisis for no reason”?
So I guess the hundreds of thousands of Americans killed by fentanyl aren’t a reason them?

Probably took a long position on Canadian toilet paper manufacturers.

 

[Orangeburst]

Loading…

www.cbc.ca

Criminal networks are shifting from fentanyl imports to Canadian-made product​

Border seizures are down, the street price is down — and Canadian-made fentanyl has gone global​

 

[Orangeburst]

https://www.washingtonpost.com/health/2023/12/24/fentanyl-labs-canada-threat-to-us/

2023..WaPo

 

[Thunder Good-Oil]

Buffet is also a value investor. I couldn’t imagine he’d ever pay nearly 500x earnings. If anything he typically preaches against (his mentor Graham definitely did) new technology

PLTR’s EPS is only a few cents. That’s not far from a multiple of infinity. The forward p/e gets halved.

But my point is still valid. Buffett preaches buying great businesses and PLTR checks many of the boxes even with his conservative approach.

 

[Orangeburst]

Crime groups are making more fentanyl in Canada, reports say

Number of organized crime groups producing illicit drugs increased by 50 per cent, according to Criminal Intelligence Service Canada report

www.theglobeandmail.com

 

[Vol423]

Again, hope not. This expansion of executive power wrt war fighting is ridiculous. It's why designating the cartels as terrorists should never happen

The cartels ARE terrorist organizations.

 

[Vol8188]

PLTR’s EPS is only a few cents. That’s not far from a multiple of infinity. The forward p/e gets halved.

But my point is still valid. Buffett preaches buying great businesses and PLTR checks many of the boxes even with his conservative approach.

He also preaches metrics based value (p/b, p/e, etc) and being wary of technology stocks.

 

[CobbVol]

Again, hope not. This expansion of executive power wrt war fighting is ridiculous. It's why designating the cartels as terrorists should never happen

They should be designated as terrorist groups.

 

[OrangeTsar]

Not with Canada. They are 0.02 percent of Fentanyl.

But isn’t the refrain I hear CONSTANTLY repeated by liberals “if it saves just one life”

 

[Thunder Good-Oil]

He also preaches metrics based value (p/b, p/e, etc) and being wary of technology stocks.

It took him a decade or two, but a tech stock eventually became 50% of Berkshire’s public holdings representing a quarter of the value of BRK. But AAPL is also a consumer stock.

 

[Vol423]

It took him a decade or two, but a tech stock eventually became 50% of Berkshire’s public holdings representing a quarter of the value of BRK. But AAPL is also a consumer stock.

Buffett wasn’t the one executing the trades at Berkshire when they purchased their holdings in Apple. That was one of his two appointed lieutenants. As I recall, while he later praised the move, he said that he would not have made those purchases because technology stocks weren’t his strength.

 

[Carl Pickens]

I wouldn't count it out, by any means. I love that we are working WITH the Mexican government on this one. If we have to intervene, I would hope that is a limited resource and that they would handle the responsibility once things are under control. It's been out of control for so long -- bad enough that many of my Hispanic patient families avoid traveling back due to safety concerns. Ridiculous, really.

If the US goes in, it will have to be a scorched earth type operation. I’d say the cartels are like cockroaches and hard to get rid of.

 

[Vol423]

 

[rekinhavoc]

China Claims It Will Sue at World Trade Organization over Trump Tariffs

China’s state-run Global Times on Sunday rounded up ministers and business leaders to condemn President Donald Trump’s 10% tariff on imports.

www.breitbart.com

"The Foreign Ministry insisted China has “one of the strictest and most thorough drug control policies in the world,” so the fentanyl crisis is a “U.S. issue,” not China’s problem. Fentanyl was one of the major reasons Trump cited for imposing tariffs."

And yet you sell the ingredients to fentanyl. Eff off.

 

[Carl Pickens]

China Claims It Will Sue at World Trade Organization over Trump Tariffs

China’s state-run Global Times on Sunday rounded up ministers and business leaders to condemn President Donald Trump’s 10% tariff on imports.

www.breitbart.com

"The Foreign Ministry insisted China has “one of the strictest and most thorough drug control policies in the world,” so the fentanyl crisis is a “U.S. issue,” not China’s problem. Fentanyl was one of the major reasons Trump cited for imposing tariffs."

And yet you sell the ingredients to fentanyl. Eff off.

F the chi-coms

 

[Vol423]

It seems Ecuador wants a piece of Mexico now.

Ecuador's conservative president announces tariffs on Mexican exports in an echo of Trump policy

Ecuador’s conservative president says that he is raising tariffs on Mexican imports in a move that echoes the trade barriers that U.S.

apnews.com

 

[WebbCobb]

The trade war with Canada lasted for a year last time, and did little other than cost American households.

Did Trump’s tariffs benefit American workers and national security? | Brookings

Geoffrey Gertz explains who pays for American tariffs and how they affect workers and national security.

www.brookings.edu

Just my humble Canadian opinion, but he has never been interested in anything but himself. Expecting otherwise seems overly hopeful. Hope that we can all avoid the negative effects of this.

 

[Vol423]

Just my humble Canadian opinion, but he has never been interested in anything but himself. Expecting otherwise seems overly hopeful. Hope that we can all avoid the negative effects of this.

I’ve got good news for you. Trudeau already caved many hours ago, and the Canadian tariffs have been delayed for 30 days.

 

[VOLS INC.]

I’ve got good news for you. Trudeau already caved many hours ago.

He should have left years ago. Would have saved Canadians a lot of trouble and pain.

 

[WebbCobb]

Yes and they’ve also reaped rewards for simply being our next door neighbor.

And done almost nothing than work cooperatively with you to advance our mutual interest. Further, we have a trade agreement that Canada is adhering to. The bad faith here is evident

 

[WebbCobb]

I’ve got good news for you. Trudeau already caved many hours ago, and the Canadian tariffs have been delayed for 30 days.

We basically reannounced decisions that had been made and communicated to the US weeks ago.

 

[DinkinFlicka]

APPL is always a long term hold. Probably split again in the next year or so.

Been in APPL for a long time and does nothing but print money.

Kick myself everyday for not getting into NVDA a couple of years ago. How long have you been holding?

Sadly, not until December. I didn't panic sell though. I'm confident they'll be fine.

 

[BeardedVol]

Just my humble Canadian opinion, but he has never been interested in anything but himself. Expecting otherwise seems overly hopeful. Hope that we can all avoid the negative effects of this.

It seems like he created a dumb situation, then accepted Canada doing what they had already agreed to do last month, and is going to claim credit for vanquishing Trudeau to save face.

Such a moronic way to approach foreign relations.

 

[VOLS INC.]

And done almost nothing than work cooperatively with you to advance our mutual interest. Further, we have a trade agreement that Canada is adhering to. The bad faith here is evident

So while we have you.

Who is the next Prime Minister? Feel free to share who you want it to be. But I’m more interested in who you think it will be.

 

[WebbCobb]

So while we have you.

Who is the next Prime Minister? Feel free to share who you want it to be. But I’m more interested in who you think it will be.

I think it’ll be Pierre Polievre of our Conservative Party. The Liberals have exhausted their goodwill with the public, I think