.7625 attained. Rally intact
Announcement
Collapse
No announcement yet.
Loonie Headed Higher?
Collapse
Logging in...
Welcome to Agriville! You need to login to post messages in the Agriville chat forums. Please login below.
X
-
-
Originally posted by errolanderson View Postfarming101 . . . gold is technically quite overbought and due for a sharp setback day. This could maul the loonie . . . . good observation.
Comment
-
Its so laughable when Trump repeatedly says China is paying the tariffs! Are Trump supporters so stupid that they can't figure this out? LOL Trump the greatest con man ever!
"U.S. President Donald Trump says China pays the tariffs he has imposed on US$250 billion of Chinese exports to the United States.
But that is not how tariffs work. China’s government and companies in China do not pay tariffs directly. Tariffs are a tax on imports. They are paid by U.S.-registered firms to U.S. customs for the goods they import into the United States.
Importers often pass the costs of tariffs on to customers — manufacturers and consumers in the United States — by raising their prices."
https://business.financialpost.com/news/economy/explainer-who-pays-trumps-tariffs-china-or-u-s-customers-and-companies
Comment
-
Originally posted by biglentil View PostThe fed capitulates on QE, the economy on shaky ground, debt levels sky high, geopolitical conditions deteriorating, central banks stockpiling gold at the fastest pace since the 70's. I wouldn't bet on gold pulling back much before the next leg higher. Gold the barbarous relic is becoming more relevant then ever.
We’ll know soon.
Comment
-
Originally posted by chuckChuck View PostIts so laughable when Trump repeatedly says China is paying the tariffs! Are Trump supporters so stupid that they can't figure this out? LOL Trump the greatest con man ever!
"U.S. President Donald Trump says China pays the tariffs he has imposed on US$250 billion of Chinese exports to the United States.
But that is not how tariffs work. China’s government and companies in China do not pay tariffs directly. Tariffs are a tax on imports. They are paid by U.S.-registered firms to U.S. customs for the goods they import into the United States.
Importers often pass the costs of tariffs on to customers — manufacturers and consumers in the United States — by raising their prices."
https://business.financialpost.com/news/economy/explainer-who-pays-trumps-tariffs-china-or-u-s-customers-and-companies
Comment
-
Where there are many different sources of supply in commodities, then suppliers that are subject to tarrifs will have to drop their prices to compete. But US buyers still pay the import tarrifs that are passed onto to consumers and don't get the benefit of lower prices. It is a tax on US citizens.
In the case of Chinese made consumer items, they are such a huge supplier that in many examples there are no other suppliers in the short term. Again US citizens end up paying the import tarrifs to the US government.
China may lose market share but it is US consumers who pay the tarrifs.
Once you factor in the cost of retaliatory tarrifs imposed by China which have cost American and Canadian farmers billions of dollars, it is clear that everyone loses under Trumps trade war with China.
Comment
-
Canadian dollar technically breaking higher. Fed caving to Trump’s lower rate demand plus BOC holding rates steady appear driving force. Next key resistance seen at 78 cents (IMO).
Comment
-
The premiers are pushing for an exemption for Canada with Trumps Buy American law. Why is there so little criticism of Trumps protectionist policies that are hurting Canadian companies and farmers? I don’t understand why so many agrivillers are cheering him on when he is costing you and I and we are losing Canadian jobs? Yeah you don’t like Trudeau, but to completely to ignore Trumps attacks on our economy makes no sense. Whose side are you on folks?
Comment
-
Originally posted by chuckChuck View PostThe premiers are pushing for an exemption for Canada with Trumps Buy American law. Why is there so little criticism of Trumps protectionist policies that are hurting Canadian companies and farmers? I don’t understand why so many agrivillers are cheering him on when he is costing you and I and we are losing Canadian jobs? Yeah you don’t like Trudeau, but to completely to ignore Trumps attacks on our economy makes no sense. Whose side are you on folks?
Trump is getting the best deals he can for his country. Not his fault we have incompetent children elected here.
Comment
-
Originally posted by chuckChuck View PostThe premiers are pushing for an exemption for Canada with Trumps Buy American law. Why is there so little criticism of Trumps protectionist policies that are hurting Canadian companies and farmers? I don’t understand why so many agrivillers are cheering him on when he is costing you and I and we are losing Canadian jobs? Yeah you don’t like Trudeau, but to completely to ignore Trumps attacks on our economy makes no sense. Whose side are you on folks?
Could you check the protectionist stance of all of the candidates in the previous election, and let us know which ones weren't promising to be much more protectionist, same for this next go around? As easy and fun as it might be to blame Trump for everything that is wrong in the world, he is the symptom, not the cause. And some analysts say he will likely be the least protectionist president they have in coming decades.Last edited by AlbertaFarmer5; Jul 12, 2019, 10:29.
Comment
-
Originally posted by AlbertaFarmer5 View PostPerhaps because many of us have accepted the fact that (Insert name of current or future US president's name here, regardless of party), attacks on Canadian companies and farmers soon will be a net positive for the regions who have joined the US. And the longer this goes on, and the worse it gets, the more we will be driven to that result. Unlike most of the instant gratification crowd, some are willing to accept short term pain for long term gain.
Could you check the protectionist stance of all of the candidates in the previous election, and let us know which ones weren't promising to be much more protectionist, same for this next go around? As easy and fun as it might be to blame Trump for everything that is wrong in the world, he is the symptom, not the cause. And some analysts say he will likely be the least protectionist president they have in coming decades.
Will you still support Trump if he imposes tarrifs on your products and screws up your market?
Don’t bother with any talk of joining the US as there is very little support for that. And so any justification that Trumps policies are going to benefit you in the future is a naive delusion.
Name one serious politician who is running with a western separatist agenda? There are none so give up on your little fantasy!
Comment
-
Originally posted by chuckChuck View PostWe already have one of the largest bilateral trading relationship in the world. Which can be viewed as a strength and a weakness if protectionism takes over. Republicans used to be for free trade but Trump is going the other direction which will hurt economic growth here, there and all over the world. I thought most Agrivillers were free market capitalists? Apparently many favour government intervention! Quite the change of direction! LOL
Will you still support Trump if he imposes tarrifs on your products and screws up your market?
And yes, protectionism hurts everyone. It amounts to getting a bigger piece of a smaller pie for the protectionist country, and fighting over progressively smaller pieces of a smaller pie for everyone else. I far preferred how it used to be, but neither of us have no input into US policy, so the best we can do is figure out how to make the best of a bad situation. But that doesn't mean it has to go back to where it was, or ever will. I am viewing these events as inevitable and looking at the only way we as an exporting region can survive.
If you prefer to keep your head in the sand and pretend that Trump is just a bad nightmare, and in a few more months it will all be over and we can get back to how it's always been, then feel free.
Comment
- Reply to this Thread
- Return to Topic List
Comment