(04-01-2025 12:45 PM)Redwingtom Wrote: And Israeli farmers rejoice!!! Well.....
Quote:The Israel Farmers’ Federation lambasts the Finance Ministry’s decision to immediately scrap remaining tariffs on US goods, mainly in agriculture, against the backdrop of US President donald trump’s plans to slap trade partners with tit for tat duties.
Amit Yifrach, who chairs the federation and serves as Secretary General of the Moshav Movement, and Uri Dorman, the federation’s secretary general, say in a joint statement, “This is a step that will bring disaster to local agriculture.”
They add, “There is no doubt that trade relations with the US are important and appropriate, but we must ensure that we do not throw the baby out with the bathwater, harming food security and national security.”
Israeli farmers lambast Finance Ministry for scrapping duties on US imports to avoid trump’s tariffs
And meanwhile....
Quote:China, South Korea and Japan agreed Sunday to strengthen free trade in the face of a raft of new tariffs imposed by US President donald trump.
The agreement came at a meeting of top trade officials – the first at that level in five years – days ahead of the start of tariffs on a huge range of US imports, including cars, trucks, and auto parts.
South Korea and Japan are major auto exporters, while China has also been hit hard by the US tariffs.
The meeting was attended by South Korea's industry minister Ahn Duk-geun, his Japanese counterpart Yoji Muto, and China's Wang Wentao.
The three countries called for their negotiations for a comprehensive trilateral free-trade agreement to be speeded up, and agreed to create "a predictable trade and investment environment", a statement said.
China, South Korea and Japan agree to strengthen trade ties in response to trump tariffs
Tommy I say this with all honesty and conviction
When I started my business in 1991, 98% of everything I sold was American made.
Today 0% of everything I sell is American made.
Trust me I’m not an anomaly. My business is a microcosm of American Industry or lack there of.
I’ve watched American workers and factories shutter while politicians enriched themselves at average worker’s expense. Companies I personally sourced products btw quality products from had to close their doors because politicians allowed cheap garbage to be dumped by the shiploads with little if any tariffs. The same countries have not and never will allow us the same rights.
Go look up tariffs of the countries we trade with. If you cannot see or understand the imbalance you are beyond help.
1929 eating out dumpsters won’t help you
Something has to give before we collapse economically
Do you have any clue how the Russian Ruble collapsed?
A Russian had saved his whole life. Enough money to fill up the bed of a pickup truck and it became worthless overnight .
I believe our politicians have already stolen all the gold in Ft Knox. They have wasted our wealth for kickbacks and bribes.
If Trump or someone else doesn’t do the MOST UNPOPULAR move to save our economy we won’t last to see 2035.
All the cuts to government bureaucrats won’t help if you depend on other nations to produce everything even your fruits and vegetables
Several great economist have already written books about our day of reckoning saying no politician will try to tackle it.
So, we have a one term President who at the very least is making an attempt but if spoiled Americans don’t want the inconvenience now they can pay with absolute misery later.
And, I was always told growing up It’s later than you think.