whiterock said:FLBear5630 said:whiterock said:FLBear5630 said:whiterock said:FLBear5630 said:whiterock said:Assassin said:whiterock said:Porteroso said:
Tariff revenue seemingly plateaued. $27.9bn for December, down from the low 30s.
One month doesn't mean much. Look at the trend line. (which should track with GDP).
Also Trump relaxed some of the tariffs. That probably had a bit to do with it
….and, of course, the better the trade balance gets, the harder it will be to sustain tariff revenue.
Every time production is moved here to make previously imported goods, the tariff revenue on those goods is lost.
Well, we also have policies working against each other. Alienating our trading partners is not helping and not going to make it better.
LOL we haven't alienated them. We've signed massive trade deals with them.
This Greenland crap has the EU moving closed to China and other markets. Canada has inked new deals with China. As well as stronger deals in Africa and Asia.
Posturing by a Liberal government desperately trying to look strong when it is weak. Canada is not going to become a Chinese ally. It's going to elect a Conservative government who will be quite a bit more cooperative.
"Economists expect China to continue gaining global market share this year, helped by Chinese firms setting up overseas production hubs that provide lower-tariff access to the United States and the European Union, as well as by strong demand for lower-grade chips and other electronics."
China's trade ends 2025 with record $1.2 trillion surplus despite Trump tariff jolt | Reuters
All TDS aside, we have to be careful here as a Nation. Too much too soon, we are creating what we feared. You have a stronger world share China, the EU stating it is going independent, and our traditional domestic partners looking toward China.
Are we going to conquer them all? Is that the plan?
but the piece' de resistance is your reference to China's record $1.2T trade surplus. That's China's overall trade balance. It's deficit with the USA was down by 28%. (huge success).
All our trade partners are investing trillions of dollars abroad. Mostly in the USA. Almost none of it in China.
Again, we see you crafting a worldview to satisfy your emotions rather than reality.
I am not crafting anything, that is why I put a source article.
And it did not say what your post clamed.
I also know human nature, you cannot keep beating people up, telling them they have no choice and threatening without them looking for an alternative. It may take time, but it will happen. Every time. But, that is something bullies never seem to get.
Uh, no. Their feelings are going to conform to reality: They're going to make money and be happy because they are allied with the strongest, wealthiest country in the world.
By the way, the trade deficit is down now. We caught the world by surprise, so they had no choice but to sign initial deals. That will not hold.
So a US trade deficit is now the natural order of things?
We have no hope of ever having a trade surplus?
You are too sensitive to be playing this game.
Game? I am not in the game. I am not part of the Trade delegation or on any international committees. I don't have a dog in the fight. My career is pretty much on the downstroke. What I am seeing is disturbing. It bothers me that people like you pick on or two metrics to benchmark and believe that is the whole picture. Also, there is gut feelings. My gut tells me we are sacrificing the forest for several trees with the whole picture.
LOL "cherry picking" metrics is a rather ironic statement.
Read the Brookings report. Don't just say Brookings doesn't count on this...
Brookings is a Democrat think tank sprinkled with a small number of centrist Republicans, a center-left idea machine arguing for neoConservative and Globalist policies. Some would add it's the brainiac portion of "the swamp." It is philosophically opposed to everything Trump is doing. As are you. So it's no surprise you find their ideas compelling.
Of course it is. They don't agree with you, so it must be a flawed or biased analysis.