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Latest tweets by The Donald

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President Xi and I will always be friends, no matter what happens with our dispute on trade. China will take down its Trade Barriers because it is the right thing to do. Taxes will become Reciprocal & a deal will be made on Intellectual Property. Great future for both countries!


The United States hasn’t had a Trade Surplus with China in 40 years. They must end unfair trade, take down barriers and charge only Reciprocal Tariffs. The U.S. is losing $500 Billion a year, and has been losing Billions of Dollars for decades. Cannot continue!


China, which is a great economic power, is considered a Developing Nation within the World Trade Organization. They therefore get tremendous perks and advantages, especially over the U.S. Does anybody think this is fair. We were badly represented. The WTO is unfair to U.S.

“Still Rising: Rasmussen Poll Shows Donald Trump Approval Ratings Now at 51 Percent”
http://www.breitbart.com/big-govern...donald-trump-approval-ratings-now-51-percent/
 
Trump brings up some good points about trade deficits and exports of jobs.

The question is, does protectionism work for individual countries and the world ?

Consumers end up paying higher prices, but more of them may have jobs with an income to buy things with.
 
The Donald didn't tweet that he hasn't bothered to have sprinklers added to his Trump Tower.

Fire sprinklers were not required in New York City high-rises when Trump Tower was completed in 1983. Updates to the building code required commercial skyscrapers to install sprinklers, but owners of older residential high-rises are not required to install sprinklers unless the building undergoes major renovations.

Trump Tower fire: man dies in blaze on 50th floor
https://www.theguardian.com/us-news/2018/apr/07/trump-tower-fire-50th-floor
 
For those interested, you can actually embed tweets directly into posts. Simply click the drop down menu on the tweet and select "Copy link to Tweet".

screenshot-twitter.com-2018-04-09-10-08-33.png


...then click the "Media" button in the post editing controls and paste the link into the Media URL box. Then submit your post. :)

 
Trump brings up some good points about trade deficits and exports of jobs.

The question is, does protectionism work for individual countries and the world ?

Consumers end up paying higher prices, but more of them may have jobs with an income to buy things with.
The problem with free trade is that it isn't.

If China etc can produce goods more efficiently then I'm fine with them "winning" on that basis.

In practice however all they're really doing is using artificially cheap inputs. Their workers are not being paid wages in accordance with Australian, EU etc laws. Their environmental standards do not comply with developed country regulations and so on.

It seems entirely reasonable to me to apply tariffs until such time as they choose to compete on an actual level playing field. Same wages and entitlements. Same environmental protections. And so on.

It's simply not possible that an Australian company can be competitive on cost even if they are twice as efficient when others are paying workers incredibly low wages, have lax safety standards and so on. That's the exact opposite of the so-called "level playing field" - at present it's tilted massively against Australia and other developed countries.
 
The problem with free trade is that it isn't.

I could not agree more although I can see an initial reasoning of altruism in lowering trade barriers on "less developed" countries in order to bring their standards of living up to the rest of the world.

This has worked to an extent in China and India, although massive exploitation now exists in those countries and maybe it's now time to get tougher on tariffs to bring them more in line with western expectations of wealth distribution.

And while we are talking about a level playing field we should also remember the massive taxpayer subsidies for business, agriculture and industry that exist in the US and Europe.
 
I could not agree more although I can see an initial reasoning of altruism in lowering trade barriers on "less developed" countries in order to bring their standards of living up to the rest of the world.

This has worked to an extent in China and India, although massive exploitation now exists in those countries and maybe it's now time to get tougher on tariffs to bring them more in line with western expectations of wealth distribution.

And while we are talking about a level playing field we should also remember the massive taxpayer subsidies for business, agriculture and industry that exist in the US and Europe.

Maybe China's one child policy helped to reduce poverty there. India assassinated leaders who tried to to solve the problem of population growth.
 


The table is of quite some depth. I was told this both signified a committee's importance or how important they thought they were. Also you have to be acrobatic to leap across the table...
 
https://twitter.com/realDonaldTrump?ref_src=twsrc^google|twcamp^serp|twgr^author



I'm not sure how many cars go from China to America and from America to China. Or the difference in value.
However, there are no plans to put sprinklers in Trump Tower. I wonder if they check the lifts - problems in Hong Kong.


Is Donald Trump right that China slaps a 25 percent tariff on American cars?
http://www.politifact.com/truth-o-m...-trump-right-china-slaps-25-percent-tariff-a/

China makes up a relatively small share of U.S. auto imports
For starters, China exports very few cars to the United States. China accounted for about 3 out of every 10,000 cars sold in the United States last year, according to Michael Hicks, the director of the Center for Business and Economic Research at Ball State University.
 


It looks as if The Donald is using Israel's planes to target Syria. I guess they are better at it than Americans in that region. An American battleship is on its way, maybe yes.

I thought the Spartan's had the best army the world has ever seen. It was said that one Spartan was worth more than 30 of any other army when fighting as a unit. https://en.wikipedia.org/wiki/Spartan_army
 
Maybe Vlad's alleged support of Trump has become unstuck.

Will we see Putin's mega rich friends turn against him ?

This is like a game of chess with each combatant using high powered computers. Of course Russia supplies Europe with gas. Russia needs the cash and Putin must be weighing up the next move. An opponent that has nothing much more to lose is very dangerous.

Russia’s Grip On European Gas Markets Is Tightening
https://oilprice.com/Geopolitics/In...ip-On-European-Gas-Markets-Is-Tightening.html
 
Twitter diplomacy....my Dad must be rolling in his grave!
 
Warmongering Twitter style.



Wall Street is in for an interesting night. I'm betting down 350 points at least.
 
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