srm4u
7 시간 전
yup, and good thing.....otherwise we be under world domination.....(you'll own nothing and be happy)
Anyone who has followed this snake will understand this is just ONE of reasons Mr. T was elected.
Annual meeting in Davos
The flagship event of the World Economic Forum is the invitation-only annual meeting held at the end of January in Davos, Switzerland, bringing together chief executive officers from its 1,000 member companies, as well as selected politicians, representatives from academia, NGOs, religious leaders, and the media in an alpine environment. The winter discussions ostensibly focus around key issues of global concern (such as the globalization, capital markets, wealth management, international conflicts, environmental problems and their possible solutions).[3][54] The participants also take part in role playing events, such as the Investment Heat Map.[55] Informal winter meetings may have led to as many ideas and solutions as the official sessions.[56]
At the 2018 annual meeting, more than 3,000 participants from nearly 110 countries participated in over 400 sessions. Participation included more than 340 public figures, including more than 70 heads of state and government and 45 heads of international organizations; 230 media representatives and almost 40 cultural leaders were represented.(57)
As many as 500 journalists from online, print, radio, and television take part, with access to all sessions in the official program, some of which are also webcast.(58) Not all the journalists are given access to all areas, however. This is reserved for white badge holders. "Davos runs an almost caste-like system of badges", according to BBC journalist Anthony Reuben. "A white badge means you're one of the delegates – you might be the chief executive of a company or the leader of a country (although that would also get you a little holographic sticker to add to your badge), or a senior journalist. An orange badge means you're just a run-of-the-mill working journalist."[59] All plenary debates from the annual meeting also are available on YouTube[60] while photographs are available on Flickr.[61][62]
https://en.wikipedia.org/wiki/World_Economic_Forum
Techroemancer
11 시간 전
IBB and srm4u,
Your figures and articles are correct and backed by loads of financials, metrics, and reportings. Unfortunately, some need a financial degree (which I have a master's in economics) to be able to support these figures and research in-depth about these tariffs. For a long time, we've been tariffed to hell and back. Our country has been wildly supportive of a free trade agenda with other markets. Even those that tariff us. Now we see a lot of countries rallying together to work on trade deal with America. Not only this, many of them are "buying strictly American X, Y, Z" in these new deals coming about. India to buy strictly American weaponry and gas? HUGE. They're lowering their tariffs on us? HUGE. Vietnam has had 90% tariffs on us and has now dropped them to 0% to import more American goods? Absolutely massive.
A lot of our younger generations (hell, even older) don't understand this needed to happen a long time ago. How does a country avoid a tariff completely? They set up manufacturing in the tariffing country. Boom. 0% they now have to pay. Every country needs 3 major things to survive. Basic manufacturing is the biggest one and we've lost it. We were on track for a 6 year great depression in 2030 and now it's completely off the table. What media reported that? None.
srm4u
11 시간 전
Countries Scramble To Make US Trade Deals After Trump Tariff U-Turn
Apr 10, 2025
The European Union—whose previous "zero-for-zero" tariff offer on industrial goods was rejected by Trump—has celebrated the pause, while putting its own retaliatory measures on U.S. imports "on hold for 90 days."
"I welcome President Trump's announcement to pause reciprocal tariffs," European Commission President Ursula von der Leyen posted to X. "It's an important step towards stabilizing the global economy. Clear, predictable conditions are essential for trade and supply chains to function."
She added that the European Union remains "committed to constructive negotiations with the United States, with the goal of achieving frictionless and mutually beneficial trade."
What Happens Next?
Treasury Secretary Scott Bessent had previously said that nearly 70 nations had reached out for trade talks after Liberation Day, telling reporters outside the White House on Wednesday that this figure had now risen to "more than 75."
The administration has said that postponing the tariffs will grant nations the opportunity to approach the administration for trade talks, during which all reciprocal tariffs will be reduced to the baseline rate of 10 percent.
https://www.newsweek.com/countries-scramble-us-deals-trump-tariff-pause-2057915
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=176064541
I ll be back
12 시간 전
Correct!
These are the correct figures. the 2-3% has been mis-reported by news outlets which is being circulated in TikToks by people who have no clue what's going on and just repeating the agendas they hear.
Don't get me wrong, I don't trust the right or the left when it comes to reporting ANY story. Like I always tell clients, trust and then verify with at least three sources. We all know that you can't even trust the records that are being reported by our own government.
I was able to verify the GDP numbers up to 2023 based on a number of business journals I trust. They were backed up by the government numbers.
At the end of the exercise, Trump is looking for an equal playing field, which means China is likely to come around sooner vs. later. IF he was looking for something beyond an equal playing field, then I'd say China would wait this out. That said, the US has been screwed all the way back to Clinton and every other president since then.
NOW, here MGON sits with a new problem.
I ll be back
12 시간 전
Not sure where you're pulling 3% from in 2022 when it was actually 16.5% of China GDP. While the US only exported 7.5% of the GDP to China.
Keep in mind this was 2022. Sorry guys, its way more than the 2% to 3% you believe it is.
Here is the 2022 link.
https://www.bis.doc.gov/index.php/country-papers/3420-2022-statistical-analysis-of-us-trade-with-china/file
Imports
In 2022, $69.3 billion of U.S. imports of miscellaneous manufactured items (Chapter 94-96) from China constituted 50.7% of the total U.S. imports of those commodities. Additionally, $53.7 billion of imports of textiles, footwear, and headgear represented 29.6%, and the $248.8 billion of imports of machinery and mechanical appliances represented 26.8% of the global U.S. imports of those commodities.
We are watching a 3D chess game here.
Techroemancer
12 시간 전
This is actually untrue. Right now, ports are being inundated with shipping containers with nowhere to go. Now, in the past, China could sell tings to India or other countries to then have things exported to the US, but tariffs stop even that from happening especially with the capabilities of modern technology. Trump tariffed all other countries that COULD potentially be a trade surrogate for China. Nobody in the world wants to do business with China over the US and countries attempting to surrogate trade with China into the US would face WILD penalties on their trade. China has been a global economic abuser for many years and the entirety of the world knows it. US consumer base buys 40% of the world's consumer goods while China is wildly lower than that. So then, countries have to choose between major sells to the US even though we are currently being a "bully" in some eyes OR they have to trade with China, export wildly less consumer goods to China leading to a huge decrease in sales for their country, and also risk Chinese companies stealing product designs (as they always do) and selling them for cheaper with forced labor (which has been repetitious for China for decades).
China is not in good shape right now.
One11
13 시간 전
Just like during covid with the crackdowns in China, went on far longer than anywhere else. They will have no problem weathering this situation. They can easily Outlast the west, I think. They've been planning for stuff like this for 30 40 years this is all they do. They don't have to listen to their people to a certain extent. They don't have to worry about primary elections etc. I'm in full agreement that we need to figure out a way to take them down several notches. They are certainly our enemy ideologically and in many ways. But I'm afraid that they've gotten most of what they need from the west. Starting with Bill Clinton who made it okay to sell out to China, give them everything they want without getting anything in return that really benefits the United States more than investors getting rich, they've stolen, acquired intellectual properties, technological secrets, you name it.
Techroemancer
13 시간 전
These numbers are more accurate. Now, say we allocate the high tariffs to the deficit (in which China is the major stakeholder). What happens? They not only pay their own debt off, but they are also paying their own tariffs off. China exports 3-5x MORE into the US than the US exports into China annually. Also, last week, because of this, we saw the Chinese markets get halts throw on them as more than 10k stocks dropped significantly. They put a halt on their markets because they were worried it would spark panic and crash their economy.
With those figures alone, we do have the upper hand in the tariffs war with them.
srm4u
1 일 전
President Trump unveils a game-changing 90-day tariff pause to refocus the trade war on China, showcasing what his team is calling his "Art of the Deal" mastery.
In this video, we break down the latest tariff update, a bold energy executive order targeting blue state climate lawsuits and legislation, and the Supreme Court’s crackdown on lawfare.
From stopping foreign oligarchs to upholding deportations and blocking DEI grants, we cover it all. Featuring insights from Press Secretary and Secretary Bessent, plus clips from Kevin O’Leary and key White House allies.
🔑 **Key Topics Covered:**
- Tariff Pause on China: How Trump’s 90-day trade strategy pressures China’s production-based economy.
- Energy Executive Order: Protecting American energy from state overreach (https://www.whitehouse.gov/presidential-actions/2025/04/protecting-american-energy-from-state-overreach/).
- Lawfare Whack-A-Mole: Supreme Court steps in to stop activist judges (clip: ‼️Joe Biden had 14 judicial Injunctions in 4 years…..
‼️Trump 17 judicial injunctions in 3 months,… you can’t say they don’t use lawfare against our president…..#Trump #TrumpTariffs #DonaldTrump #ElonMusk #Deportation #tarriffwar #LiberationDay #drillbabydrill #Palestine… pic.twitter.com/xM4t7TVZ4Y— Roughneck (@Adees4795) April 7, 2025
).
- Stopping Foreign Oligarchs: Exposing dark money from billionaires like Hansjorg Wyss (source: https://www.nationalreview.com/news/democrats-are-increasingly-relying-on-ballot-initiatives-to-shape-state-policy-foreigners-have-noticed/)
https://rumble.com/v6rw0sx-trump-squares-up-with-china-and-xi-on-tariffs.html
I ll be back
1 일 전
Not sure were your getting 2%.
I looked up the latest numbers and they are much higher than the 2% you posted.
In 2023, China's global exports reached $3.4 trillion, with the United States receiving $502 billion—or 14.8%—of that total. The United States had been China's largest trade partner for years, with an export share of over 19%. However, after Trump, imposed a 200 percent tariff on goods from China in 2018, the share fell significantly to 16.7%
This of course doesn't even address the "shadow" exports that are taking place or the loophole that is being used under the $800 sales via Amazon or Ebay.
While I don't have the latest numbers going into 2025, I'd bet they grew over 2023 after the COVID mess.
Given this isn't Trumps first rodeo, I wouldn't be so quick to believe this will not have a huge impact on China. I'm already reading how orders are being canceled, and it's only been less than week.
What I enjoyed reading was how they walked into his trap.
I ll be back
4 일 전
I'm in the camp that China needs a US trade deal more than USA.
Given China only represents 11% of our trading and considering the "KEY" countries are willing to level the playing field, I'm not concerned where this is heading. FYI, IF Winner is not in play at this "hour", I'm sure there are others willing to step in.
Even if Winner is at the table, the fact that the company acknowledged they have other pilots lining up is a good thing. I'm not a big fan of a company having all their eggs in one basket. Based on this week's update, it shows the company understands this fact.
This issue has been long overdue. I for one appreciate Mr. T "erratic behavior" given my business background.
I ll be back
5 일 전
Couple of noteworthy items.
Regarding Winner Medical collaboration, we have decided that keeping confidentiality during this partnership, protects our innovation, mitigates risks, and ensures a project is tested, refined, and ready to shine before it’s shared with the world.
Anyone who has followed the China markets and the way they do business can understand why this statement was made.
We are progressing well and have initiated a few other pilot opportunities. We will have full release of news when it is time.
The timing of this statement is likely a result of the recent stock price and folks wondering why they haven't seen FINRA news or Winner updates.
Bill2
5 일 전
I think the partnership with WINNER MEDICAL deal is done. Now waiting for the right time for the news.
Update: YES, we are still waiting for FINRA.
Regarding Winner Medical collaboration, we have decided that keeping confidentiality during this partnership, protects our innovation, mitigates risks, and ensures a project is tested, refined, and ready to shine before it’s shared with the world. It’s about strategy, trust, and delivering the best. We are progressing well and have initiated a few other pilot opportunities. We will have full release of news when it is time.
GO $MGON
Bill2