Mr. Trump (The Donald) To Win in 2024

[IFocus]

Train wreck continues

 

[IFocus]

I guess time will tell that, I didn't follow the election at all, it is hard enough getting excited about Australian politics.

The only thing I'm sensing is that the silent majority, which is the working middle class, are desperate to find someone who will try and halt the slide.

I guess whatever policies Trump had, Trumped Kamilas, so to speak.

As usual time will tell, it will be no mean feat to encourage manufacturing in competition against China, as Germany is currently finding out.

The issue is, if a level playing field isn't found, where will the first world countries economies bottom out?

Trump may not be the answer, but obviously the majority of yanks thought he would make a better fist of it, than the opposition.
It isn't as though he had a 'Just fell over the line win', is it?
Or maybe you know something, the majority of American voters don't.

US politics is insane no matter how you frame it and I am no fan of the Democrats but I am surprised Trump is still seen as a disrupter and will change things for the better.

Strange because he owns the Republican Party he is the Republican Party and is very much part of the system and elite political class he is not an outsider since joining the political fray in 2015.

His apparent and only aim ATM is to avoid prosecution serve his ego while making dollars on the side.

His picks so far most of have no experience in their respective portfolios many are carrying baggage messy.

 

[sptrawler]

US politics is insane no matter how you frame it and I am no fan of the Democrats but I am surprised Trump is still seen as a disrupter and will change things for the better.

Strange because he owns the Republican Party he is the Republican Party and is very much part of the system and elite political class he is not an outsider since joining the political fray in 2015.

His apparent and only aim ATM is to avoid prosecution serve his ego while making dollars on the side.

His picks so far most of have no experience in their respective portfolios many are carrying baggage messy.

Like I said time will tell.
I personally think that Australia is between a rock and a hard place, Trump going into a isolationary stance on trade will hurt Australia, but unless Chinese production growth slows no other country will be able to compete against China on the trade front and all Western countries manufacturing will be finished.

The U.S is probably the only singular place at the moment, that has any influence on Chinese production due to the amount of imports they obtain from China.

Only my opinion, but something has to be done and the last U.S Govt only improved the sales and manufacturing on the arms and munitions front.

The promise of battery manufacturing and solar panel manufacturing in Australia, is what tipped Albo over the line last election, so he is facing the same dilemma that the Democrats did, which is over promising and under delivering.
The U.S saw mass immigration, rampant inflation and the likelyhood of military conflict.

So Trumps back in, whether things improve , we will have to wait and see.

 

[SirRumpole]

Like I said time will tell.
I personally think that Australia is between a rock and a hard place, Trump going into a isolationary stance on trade will hurt Australia, but unless Chinese production growth slows no other country will be able to compete against China on the trade front and all Western countries manufacturing will be finished.

The U.S is probably the only singular place at the moment, that has any influence on Chinese production due to the amount of imports they obtain from China.

Only my opinion, but something has to be done and the last U.S Govt only improved the sales and manufacturing on the arms and munitions front.

The promise of battery manufacturing and solar panel manufacturing in Australia, is what tipped Albo over the line last election, so he is facing the same dilemma that the Democrats did, which is over promising and under delivering.
The U.S saw mass immigration, rampant inflation and the likelyhood of military conflict.

So Trumps back in, whether things improve , we will have to wait and see.

I would like to see a more "Australia first" approach to trade, but we really don't have the economic clout to do much.

For a country of almost 30million we should have some capacity to manufacture basic whitegoods like fridges, washing machines, microwaves etc and not import them all. We used to make these things 30 years ago when out population was a lot less. So that they won't be too expensive we need to invest in robotics and have the capacity to build generalised robots that can manufacture a variety of products and not be too specialised.

Whether we have the foresight in government to go down this path I'm not sure. I think Albo is talking up made in Australia but there needs to be bi partisan support and I don't see much of that.

 

[sptrawler]

I would like to see a more "Australia first" approach to trade, but we really don't have the economic clout to do much.

For a country of almost 30million we should have some capacity to manufacture basic whitegoods like fridges, washing machines, microwaves etc and not import them all. We used to make these things 30 years ago when out population was a lot less. So that they won't be too expensive we need to invest in robotics and have the capacity to build generalised robots that can manufacture a variety of products and not be too specialised.

Whether we have the foresight in government to go down this path I'm not sure. I think Albo is talking up made in Australia but there needs to be bi partisan support and I don't see much of that.

I don't think we have the domestic market big enough to make a competitive consumer good eg fridges, washing machine etc.
We could well develop a competitive product in something like power system grid batteries, where we have all the basic ingredients here and only require a manufacturing plant.

The benefits would be two fold, it would give us another technical field to develop our skills and it would give better electrical grid security when we are building our own, plus they will be such an integral component in our grid it becomes a system security issue.

The Government would have to encourage an overseas manufacturer to set up here, but as yet I haven't seen any indication the "Made in Australia" has been anything other than hype and optics, it was a vote catcher and now it is back in the bottom draw. Lol

 

[finicky]

Almost my exact words. Me and Sylvester Stallone - like peas in a pod. I might give him a bell or at least drop him a line.

"..and this individual does not exist on this planet. Nobody in the world could have pulled off what he pulled off and I'm in awe"

 

[DB008]

Train wreck continues

LOL

The left continues to melt down

Salt mines are flowing

Reforming big pharma is much needed in the USA. Are you so short sighted that Covid 19 has been forgotten?

 

[mullokintyre]

I would like to see a more "Australia first" approach to trade, but we really don't have the economic clout to do much.

For a country of almost 30million we should have some capacity to manufacture basic whitegoods like fridges, washing machines, microwaves etc and not import them all. We used to make these things 30 years ago when out population was a lot less. So that they won't be too expensive we need to invest in robotics and have the capacity to build generalised robots that can manufacture a variety of products and not be too specialised.

Whether we have the foresight in government to go down this path I'm not sure. I think Albo is talking up made in Australia but there needs to be bi partisan support and I don't see much of that.

The AUS /US free trade agreement came into force in 2005

The Australia-United States Free Trade Agreement (AUSFTA) entered into force on 1 January 2005. Upon AUSFTA's entry into force, more than 97 per cent of Australia's non-agricultural exports to the United States (excluding textiles and clothing) became duty free and two-thirds of agricultural tariff lines went to zero. 96.1 per cent of all Australian exports are now tariff-free. Under AUSFTA, Australian companies also have access to the federal government procurement market in the United States and the government procurement markets of 31 US states.

So how effective has it been?

Since AUSFTA came into force in 2005, bilateral goods and services trade between Australia and the United States has more than doubled, and two-way investment has more than tripled.

We import twice as much value in goods from the US as we export to them.

In 2023, the United States was our third-largest two-way trading partner in goods and services, worth $98.7 billion. Australia's goods and services exports to the United States were $33.6 billion. Australia's total imports from the United States were $65.1 billion.

I would imagine that if the US were to impose tariffs on OZ, the standard approach from all governments in the past has been to take the high moral ground and not retaliate with tariffs.
And look where that has got us?
Our manufacturing base all but gone, we have merely become a mining pit for the rest of the world.
I don't like our chances.
Mick

 

[DB008]

Good

​

 

[SirRumpole]

The AUS /US free trade agreement came into force in 2005

So how effective has it been?

We import twice as much value in goods from the US as we export to them.

I would imagine that if the US were to impose tariffs on OZ, the standard approach from all governments in the past has been to take the high moral ground and not retaliate with tariffs.
And look where that has got us?
Our manufacturing base all but gone, we have merely become a mining pit for the rest of the world.
I don't like our chances.
Mick

I would say most of our imports from the US is military.

I don't see a lot of consumer goods made in the USA.

Very few motor vehicles too. All the Teslas we import are made in China.

 

[sptrawler]

I would say most of our imports from the US is military.

I don't see a lot of consumer goods made in the USA.

Very few motor vehicles too. All the Teslas we import are made in China.

Planes, trains and automobiles.

 

[SirRumpole]

Planes, trains and automobiles.

The NSW trains are made by New South Wales Government Railways1. The iconic Tangara trains are set to receive critical upgrades as part of the Future Fleet Program to return domestic manufacturing to NSW3. Additionally, the Mariyung fleet of intercity trains is being delivered for improved comfort and convenience on routes between Sydney and the Central Coast, Newcastle, the Blue Mountains, and the South Coast4.

 

[Macquack]

Almost my exact words. Me and Sylvester Stallone - like peas in a pod. I might give him a bell or at least drop him a line.

"..and this individual does not exist on this planet. Nobody in the world could have pulled off what he pulled off and I'm in awe"

Looks like Sly Stallone may have been hit one time too many.

Oh, that's right he is just an actor.

 

[wayneL]

The noble and virtuous God Emperor for the Grand Slam?

 

[mullokintyre]

I would say most of our imports from the US is military.

I don't see a lot of consumer goods made in the USA.

Very few motor vehicles too. All the Teslas we import are made in China.

You might be surprised at what we import from the US.
The table below is copied from Trading Economics
Arms and ammunitions feature fairly low on the list, at leat in 2023 they did.
mick

 

[SirRumpole]

Nuclear reactors?

 

[Knobby22]

Nuclear reactors?

Definitely not nuclear submarines, at least not in the near future.

 

[Smurf1976]

Nuclear reactors?

Generic classification.

Much like saying Bega Cheese is in the business of "Food, Beverage and Tobacco" when in truth they certainly aren't selling smokes. It's just a generic grouping and classification.