Call Me Stormy

Finding righteous currents in turbulent times

Archive for the tag “international trade”

Well That Worked Out Quickly

Vietnam called President Donald Trump and has offered to lower its tariffs on American imports to zero if the United States reciprocates. This is the second nation to do so, following Argentina. In fact, some 50 countries have reached out to Economic Council Director Kevin Hassett to signal they want to negotiate new tariff rates.

As more nations agree to eliminate tariffs or greatly reduce them, we will have plenty of alternatives to secure imports if more pronounced trade wars break out with a major partner, like Mexico or Communist China.

Also: Keep an eye on Europe. Which nations will want to play ball with us as opposed to those spoiling for a fight? Here’s more from the Liberal Hivemind.

The President announced that April 2 is “Liberation Day.” He said the sick patient went through an operation on Liberation Day, and it’s going to be a booming economy. But not everyone is happy. Let’s review both sides, and you decide. Here’s more from Lori Colley.

It’s Main Street’s Turn!

That, pretty much sums up Treasury Secretary Scott Bessent’s views on the new round of trade tariffs being imposed by the administration of President Donald Trump. Wall Street has enjoyed bumper profits, but Main Street has suffered over the past 20 years, particularly as  imports from Communist China has flooded the marketplace.

Now, the United States will begin to rebuild its industrial and manufacturing industries, focusing on those industries that have been shown to have supply-side problems. Those include pharmaceuticals, semiconductors, steel and ship building, all of which raise flags as national security issues.

Here, Bessent talks over the tariffs with Tucker Carlson.

Trump Card Has Been Played

We are in for the ride of a lifetime. The Trump Card has been played — Tariffs. It’s a major U.S. surgical operation and, it’s now complete.

At least, we are through the opening stages  and entering a new phase, involving negotiations. Years ago, Democrats loved tariffs. Now, they are screaming bloody murder!

Do you attack the King at the beginning of a chess game?  Is the King moving out? Pray! Here’s more from And We Know.

Nations Cave To Trump Tariffs

The leaders of global nations have been spooked by Trump’s reciprocal tariffs and have snapped into action, immediately declaring the removal of tariffs on US imports to maintain a friendly relationship with the superpower.

India, Israel, Vietnam and Argentina quickly agreed to drop or slash their tariffs, leading Canada, Great Britain, Cambodia and other countries to step forward as well. In fact, the United States and Argentina announced they will sign an agreement free of tariffs for the products of both countries, becoming the first “zero tariff countries.”

It remains to be seen if Communist China and Mexico — the two biggest trade partners of the United States — will follow suit. Here’s more from Sky News Australia.

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