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China and India pledge to be 'partners not rivals'
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Started by metmike - Aug. 31, 2025, 5:18 p.m.

Thank you, President Trump!

This was predicted earlier this year. This is one of the consequences of alienating our trading partners and forcing them to replace the previous trade agreements with the United States with new trade and other agreements with OTHER countries.

Absolutely, 100% that this is one of the many deleterious impacts of Trump's tariffs!

Sadly, we are witnessing the DONE DEAL PERMANENT DAMAGE IN REAL TIME, even as Trump doubles and triples down on galactically stupid and ruinous tariff policies. With  MAGA's sworn allegiance to their cult leader, resulting in brain dead support of tariffs because they need to make sacrifices for Trump.

https://www.marketforum.com/forum/topic/113883/#114282


China and India pledge to be 'partners not rivals'

https://www.bbc.com/news/articles/clyrwv0egzro

The leaders of China and India say there is now deepening trust between them after years of tension that includes a long-running border dispute. 

China's President Xi Jinping and Indian PM Narendra Modi met on the sidelines of the Shanghai Co-operation Organisation (SCO) in the port city of Tianjin. It is Modi's first time in China in seven years.

Xi told Modi that China and India should be partners, not rivals, while Modi said there was now an "atmosphere of peace and stability" between them.

Russian President Vladimir Putin is also at the summit, attended by more than 20 world leaders, which this year has been overshadowed by trade wars with the US.

US President Donald Trump has imposed steep tariffs on Indian goods as punishment for Delhi's continued purchase of Russian oil, and Putin faces threats of sanctions for his ongoing war on Ukraine.

As the US-India relationship faces increasing headwinds, Modi is moving closer to Xi. Both countries are not only the most populous, but also have two of the largest economies in the world.

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Re: China and India pledge to be 'partners not rivals'
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By metmike - Aug. 31, 2025, 5:29 p.m.
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Previous thread:

                50% tariffs on EU starting June 1          

                            60 responses |               

                Started by metmike - May 23, 2025, 8:13 a.m.            

https://www.marketforum.com/forum/topic/112084/


https://www.marketforum.com/forum/topic/112084/#113215

https://www.marketforum.com/forum/topic/112084/#113218

https://www.marketforum.com/forum/topic/112084/#113239


https://www.marketforum.com/forum/topic/112084/#114189

https://www.marketforum.com/forum/topic/112084/#114194

https://www.marketforum.com/forum/topic/112084/#114195

https://www.marketforum.com/forum/topic/112084/#114286

https://www.marketforum.com/forum/topic/112084/#114290

https://www.marketforum.com/forum/topic/112084/#114295

                50% tariffs on EU starting June 1                        

                By metmike - July 20, 2025, 1:50 p.m.            

            

Months of Trump’s tariffs are shifting supply chains and diplomatic ties

CEOs and foreign leaders are scrambling to figure out new rules for global commerce

https://www.washingtonpost.com/business/2025/07/20/trump-tariffs-global-economy-impacts/

https://www.washingtonpost.com/donald-trump/

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metmike,  July 20, 2025: This is an America LAST policy. Foreign countries are abandoning long term relationships and isolating/replacing the United States with new relationships.

Tariffs are and will be doing the exact opposite of what Trump claims they will do. They are REDUCING America's ability to sell products to foreign countries. Some of those losses, like in soybean sales to China in 2025 have been lost forever(replaced by Brazil).  Those can recover if/when the TACO(Trump Always Chickens Out) man changes his mind, AGAIN after XXX amount of damage. However, the world knows that Trump is mentally unstable and it is shifting relationships to countries with stable leaders and dependable demand/supply chains.

Wouldn't you do the same thing??

If you had a business, would you try to increase sales by advertising a 20% or 50% increase in the price of your product?

Of course not! People would find other places to buy what you're selling. That's what Trump is doing because he isn't capable of understanding the basic principles of global trading between countries. He just sees tariff money(that comes from US companies and US consumers) and is obsessed with control because of his pathological thinking. He declares a victory from a resounding defeat because his mind is convinced that he is omnipotent and everything he does is infallible.

Countries around the world are looking for ways to minimize their exposure to this dangerous man. .............which is putting the United States LAST.

Unfortunately, he may wait until even more damage is done to lift the tariffs and declare they did what he intended them to do. He's so delusional and unpredictable that he could keep this nonsense going even longer than expected.

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5 things to know about tariffs and how they work

https://www.pbs.org/newshour/economy/5-things-to-know-about-tariffs-and-how-they-work

There’s much misinformation about who actually pays tariffs

Trump is a proponent of tariffs, insisting that they are paid for by foreign countries. In fact, it is importers — American companies — that pay tariffs, and the money goes to the U.S. Treasury. Those companies typically pass their higher costs on to their customers in the form of higher prices. That’s why economists say consumers usually end up footing the bill for tariffs.

Re: Re: China and India pledge to be 'partners not rivals'
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By metmike - Aug. 31, 2025, 5:37 p.m.
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Even Fox News now sees it!!!!!

Too bad that a ton of damage has already been done.

Trump tariffs push India closer to America's strategic rivals China and Russia

 

New Delhi resumes Russian oil purchases and schedules high-level talks with Beijing after new US import duties

         By      Morgan Phillips  Fox News  

      Published       


https://www.foxnews.com/politics/trump-tariffs-push-india-closer-americas-strategic-rivals-china-russia


The pivot underscores how tariffs meant to punish India for its continued purchases of Russian oil may instead be pushing New Delhi closer to America’s rivals.

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Re: Re: Re: China and India pledge to be 'partners not rivals'
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By metmike - Aug. 31, 2025, 6:31 p.m.
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Population Growth

Explore global and national data on population growth, demography, and how they are changing.

https://ourworldindata.org/population-growth


If a person wanted to intentionally sabotage the future of the United States, they would do exactly what President Trump is doing with tariffs.

Repeating: If a person wanted to intentionally sabotage the future of the United States, they would do exactly what President Trump is doing with tariffs.


The World in 2050                         

https://www.pwc.com/gx/en/research-insights/economy/the-world-in-2050.html

There are 8 times more people living in China and India than the number living in the United States. There is tremendous demand  from their almost 3 billion people, some of it for products that the United States produces and sells(like soybeans). They make a ton of stuff really cheap. Much cheaper by a wide margin than we can ever do.  This benefits US companies that buy from them. Benefits  US consumers that buy those products. It's a WIN-WIN dynamic for all countries. 

This is a stone cold fact that can't be wished away with tariffs THAT MAKE IT WORSE not better. 

The objective should be to INCREASE free trade to exploit what benefits ALL countries.

Tariffs are LOSE-LOSE for everybody. Except for our government that collects the tariffs that are basically a hidden tax/cost to all of us, while destroying our long lived, reliable trading partner relationships.

This will be more and more devastating in the long run.


China and India pledge to be 'partners not rivals'
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By metmike - Aug. 31, 2025, 9:27 p.m.
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I cannot stress enough how bad these tariffs are for the United States.

This has been the message since these ruinous tariffs with fairy tale promises along with dishonesty and complete lack of understanding of the principles of trading between countries on a global scale. 

If there was justice in the world, President Trump would be impeached for forcing this down our throats. 

CNN Data Guru Says Voters ‘Spitting Out’ Trump’s Tariffs

'OPPOSITION THROUGH THE ROOF'

Network numbers wizard Harry Enten says the president is getting slaughtered on one of his administration’s signature issues.

Enten noted that in November 2024, 52 percent of voters supported tariffs, with 48 percent opposed. But now, “opposition is through the roof.”

“Three-fifths of Americans oppose the new tariffs compared to just 40 percent who favor it,” he said. “Americans have gotten a taste of the tariffs, and what is on their tongues, they do not like.”

“They’re spitting it out,” he added.

Trump has long conceded there will be “some pain” due to his trade levies, and investment bank Goldman Sachs says that’s all about to get a whole lot worse.

Economists at the private lender said last week that while U.S. companies have so far borne the brunt of the president’s trade war, that burden is likely to shift to consumers as time goes by.

The shopper at the local supermarket is currently absorbing 22 percent of higher costs, but Goldman’s analysts say that’ll likely increase to just short of 70 percent.

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US consumers to bear brunt of tariff hit, Goldman economists say

SECTIONS

US consumers to bear brunt of tariff hit, ..

Last Updated: 10 August, 2025 05:15 PM -5 GMT

https://economictimes.indiatimes.com/news/international/global-trends/us-consumers-to-bear-brunt-of-tariff-hit-goldman-economists-say/articleshow/123232975.cms?from=mdr


Re: China and India pledge to be 'partners not rivals'
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By metmike - Aug. 31, 2025, 9:35 p.m.
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How Tariff Troll Trump Will Ruin Christmas: Bank

GRINCHONOMICS

A Wells Fargo report projects the president’s tariffs triggering higher prices, fewer choices, and scant holiday promotions.

Erkki Forster

Night News Reporter

President Donald Trump may have spoiled Christmas for American families with his erratic tariff strategy.

A new Wells Fargo report released Wednesday projects higher prices, fewer choices, and scant holiday promotions.

Facing import taxes of 10 to 50 percent under the president’s global tariffs

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Season three 

                     

         https://www.wellsfargo.com/cib/insights/economics/ask-our-economists/

Episode 6: Recession Watch: How Will We Know If a Downturn Has Started? 

The levying of tariffs could potentially lead to a recession, but how will we know if a downturn in the economy has commenced. Economists Jay Bryson, Tim Quinlan and Shannon Grein discuss economic indicators to watch in the months ahead. 

Re: Re: China and India pledge to be 'partners not rivals'
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By metmike - Aug. 31, 2025, 9:51 p.m.
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https://fortune.com/2025/08/25/recession-warning-economic-outlook-states-high-risk-stagnating-expanding/

++++++++++++

Recession Indicators: The Financial Advisor’s Cheat Sheet  

 Explore key economic signals and where markets stand today.  

 

Interest-Rate Forecast and Federal-Funds Rate Expectations 

 Our projections for the federal-funds rate are roughly in line with market expectations over the next two years. The Federal Reserve will likely need to cut rates to avoid a recession.




Yield curve: The yield curve steepened as long-term rates stay high

Though the yield curve is not currently inverted, it has steepened over the trailing three- and 12-month periods through June 30, 2025. Investors are demanding higher compensation for the risk of holding long-term debt (a higher term premium).

US Treasury Yield Curve Steepened

 The yield curve steepened in Q2 as short rates fell and long bonds rose.

Re: Re: Re: China and India pledge to be 'partners not rivals'
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By metmike - Sept. 3, 2025, 6:59 p.m.
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China showcases military strength at parade as Xi stands alongside Putin and Kim    

https://www.cnn.com/world/live-news/china-military-parade-xi-jinping-09-03-25-intl-hnk

'All risk, no reward': China spectacle shows dangers of Trump trade policy

https://www.bbc.com/news/articles/c98d5gplj52o

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Dangerous time in the world right now.

1. Russia won the war in Ukraine. NATO, please acknowledge this truth and give up on getting Ukraine into NATO and for Russia to pretend like they lost the war and they need to give back the land which they battled NATO over. Stop trying to blame this all on Russia. NATO provoked this by breaking their promise NOT to expand 3 decades ago and insisted on fighting this war with Russia to get every last country they can in order to destroy Russia. Putin is diabolical psychopath and killer but NATO caused this. They surrounded him and he knows better than me, that NATO's objective is to destroy Russia and NOT make any concessions while doing it!!! This is just stupid and disingenuous and only a sign that NATO wants the war to continue.  

                Chatgpt Fact checking MetMike                        

                15 responses |                                           

                Started by joj - Aug. 18, 2025, 10:35 p.m.    

        https://www.marketforum.com/forum/topic/114033/


2. Trump and the USA LOST the trade/tariff war with the many dozens of countries that Trump declared his trade war against. Those 90 deals in 90 days turned into a horrible disaster and we will be paying an increasingly greater and greater price.  President Trump, please admit your horrible mistake and go back to free global trade that benefits America as well as the rest of the world. You're KILLING OUR FUTURE!!!

                50% tariffs on EU starting June 1            

                            61 responses |        

                Started by metmike - May 23, 2025, 8:13 a.m.           

 https://www.marketforum.com/forum/topic/112084/

China and India pledge to be 'partners not rivals'
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By metmike - Sept. 5, 2025, 8:45 p.m.
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"Trump's 50% Tariff On India Will Be Short-Lived Because...": Top Economist

                                                                                        Chief Economic Advisor V Anantha Nageswaran's remarks came amid ongoing tensions between India and the US over the latter's imposition of 50% tariffs on Indian goods

https://www.ndtv.com/india-news/us-donald-trump-50-tariff-on-india-will-be-short-lived-because-chief-economic-advisor-v-anantha-nageswaran-9221056

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Why Trump’s fight with India could have global repercussions

https://theconversation.com/why-trumps-fight-with-india-could-have-global-repercussions-258141

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Trump Destroying Ties With India For 'Ego' & Nobel Prize? US Lawmaker Ro Khanna Slams Tariffs

https://www.youtube.com/watch?v=SU63aonCCrQ

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https://timesofindia.indiatimes.com/world/us/why-dont-you-ro-khanna-faces-go-back-to-india-calls-as-he-slams-trump-on-tariffs/articleshow/123677809.cms

"As the co-chair of the US-India Caucus, I want to sound the five-alarm fire on what Donald Trump is doing to destroy the US-India partnership. He's undermining 30 years of bipartisan work to strengthen the US-India alliance. He has imposed a 50% tariff on India, higher than any other country other than Brazil.



‘We’re scared of losing our jobs’: industries in India fear impact of Trump’s 50% tariffs

Textiles, footwear, jewellery, gems and seafood are sectors most affected in trade with US, India’s biggest market

A key reason for the draconian tariff hike, though, according to a New York Times report, was Trump’s anger at Delhi dismissing his claims of brokering peace in the fierce four-day May conflict between arch-foes India and Pakistan.

https://www.theguardian.com/world/2025/sep/05/scared-losing-jobs-industries-india-fear-impact-trump-tariffs


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Can India retaliate against Trump's 50% tariffs?

https://www.bbc.com/news/articles/cn76llny57zo


Modi's refusal to back Trump’s Nobel Prize push soured India-US ties: Report reveals explosive phone call | Read here

During a June 17 call, Trump sought Modi's support for a Nobel Peace Prize nomination, claiming credit for easing India-Pakistan tensions. Modi countered that the situation was resolved independently, leading to a rift between the leaders.

https://www.livemint.com/news/us-news/modi-refusal-to-back-trump-s-nobel-prize-push-soured-india-us-ties-report-reveals-explosive-phone-call-read-here-11756599383547.html

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Trump gets golf prize, but no Nobel Peace Prize

https://thehill.com/opinion/white-house/5480545-trump-nobel-peace-prize-lobbying/

Steve Witkoff, President Trump’s special Middle East envoy, may be in trouble. As widely reported, he has been harshly criticized on foreign policy as in-over-his-head. He is running around the world, meeting with foreign leaders and making claims that never materialize, including one about a ceasefire in Ukraine.  

But Witkoff is good at one thing: He knows better than anybody else how to butter up Trump. At last week’s embarrassing three-hour Cabinet meeting — where, one by one, Cabinet secretaries took turns telling Trump how great he is — Witkoff took the cake.  

“There’s only one thing I wish for,” he told Trump, “that the Nobel Committee finally gets its act together and realizes you are the single finest candidate since this award was ever talked about.”   

Greater than Nelson Mandela, Mother Teresa, the Dalai Lama, Shimon Peres, Anwar Sadat, Yitzhak Rabin, Martin Luther King, Jr., and Teddy Roosevelt? That’s a little over the top, perhaps — but it’s exactly what Donald Trump wanted to hear. In fact, nobody has been lobbying harder than Trump himself for Trump to get the 2025 Nobel Peace Prize when the winners are announced next month.  

In August, Trump personally called Norway’s Finance Minister Jens Stoltenberg to demand he be given the prestigious award. On Aug. 19, the morning after meeting with Ukrainian President Volodymyr Zelensky, Trump told “Fox and Friends” that he deserved the Nobel Peace Prize because “I’ve solved seven wars. We ended seven wars.”


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