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Trump's Bullshit Trade Tantrums

Our farmers can just grow something else. We'll win this. Trump does that and it's like 100% tariffs on all Chinese imports.
 
Jeb even called out the product (soybeans) China would use as part of a retaliatory measure.
 
I hate tying presidents to the ebbs and flows of the stock market, but it's hard not to when jackass was spouting off all last year for piggy backing on a 7 year trend. Also, the last 3 presidents (including Trump) have made substantial decisions to influence the market, whether its war, regulations or now perhaps a pending trade war.
 
Jeb even called out the product (soybeans) China would use as part of a retaliatory measure.

Well the economists say that China will buy soybeans from Brazil instead of the US and then Japan will buy soybeans from the US instead of Brazil. So soybeans don't really matter much, someone will buy them. Its more the Boeings on the US side of the world that are hurt.
 
This is pretty close to reality.

 
I laughed in the first article at references to Attorney General Chris Christie and Fox News Correspondent Megyn Kelly. I guess both of these looked pretty reasonable at the time. Ambassador Kid Rock was hopefully a little less likely.
 
Democrats resist using safe steel..

Leave it to a President who actually knows Engineering codes and standards to want cheap Chinese Shit from flooding the market.

Leave it to hypocrite Left Wingers to cry for “Standards” to side with Communist China. Stupid buttholes.

Stace told Construction Manager: “If there are plates and sections with elevated levels, then they’re mislabelled. I haven’t got any evidence of mislabelled plates and sections, but knowing exporters are adding these elements to steel, it could be non-compliant.”

But the issues have been clouded by a row between UK Steel and the International Steel Trade Association, which represents firms importing rebar into the UK from China, Turkey and other producer countries.

ISTA has argued that the Chinese rebar imported by its members meets all current quality standards – namely BS 4449:2005 and the CARES standard – and that UK Steel’s efforts to highlight potential problems could be interpreted as a response to the rising tide of Chinese steel imports. In 2014, it's thought that at least a third of the rebar used in the UK was imported from China.
 
You will notice this article is from 2008 and has the “Chinese” cleaning up the Boron - Safety concerns of their weld-weak shit.

Not surprisingly these alloy concerns were not allayed throughout Obama’s 8 years as they continue dumping the same shit and then, incredibly, told the world market that they were rescinding the export tax rebate.

Oh, but the butt-hurt Libs and Sell-out Pubs want to cry for Beijing. How fucking outlandishly quaint is that?

https://www.steelbb.com/de/?PageID=157&article_id=50101

But, but, they said they were changing and we sure were hoping (2008)

8
“China is trying to close the ‘loophole’ that has allowed large quantities of boron-bearing steel to be exported classed as ‘special steel’ and thus avoiding export duties, Steel Business Briefing understands.

By adding a tiny amount of boron to their steel, mills actually benefit from a 5% export rebate for alloy steel, as against a 10-15% export duty on longs and 5% on HRC and plates.

Among the measures recently adopted are more rigorous sampling and testing by Chinese port authorities to determine whether boron has been added in the course of producing a legitimate type of special steel, or whether the mill has added the boron to skirt the export duty and snare a rebate.

Industry insiders tell SBB that more Chinese mills and traders have become aware of the risk of adding boron to get the rebate, and thus have become cautious. They cite this as a major reason why China’s finished steel exports dropped in June to 5.22m tonnes from 5.56m t in May.

Two major Chinese mills have had export shipments blocked in the past two months when port authorities determined that the boron in their steel was insufficient for meet the standard as alloy steel. Large quantities of rebar, wire rod and plates were involved.

SBB understands the mills in question agreed to pay the appropriate export duty and a fine, estimated in one cases at RMB 2-3m ($290,000-435,000).

The progress of legitimate special steel exports through Chinese ports has been slowed by the tougher testing and sampling regime. SBB also learns that specialty mills are dividing up consignments – shipping, say, five 4,000t lots rather than one 20,000t – so should one lot be challenged and held up, the other parcels might get through.
 
Dems and their lying-Ass practice of framing narratives.

“Trump Trade Tantrum” — fucking sure, sure.

More like “Long Standing Chinese Trade and Steel Manipulation Continues”
 
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