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Why is globalisation perceived as being bad?

In one swift move, USofA has trashed the great GLOBALISATION movement. Globalisation has mainly served line the pockets of the biggest players in trade. And probably brought about more sweatshops the world over, in a race to find the cheapest sources. Whether it really causes a lot of inconvenience (to us as consumers), remains to be seen. When there is turmoil and change, there are always nee opportunities- if only people seek them out. Maybe in a few years time we might feel t rump has done us a favor?

Stock markets HATE uncertainty and Instability. They go into GOLD or Bonds. Nev

WE used to sell a LOT of trimmed frozen lean Beef to the USA, and they STILL need it . Industry statements aren't hard to find The UK is showing renewed Interest and the Yanks will just pay a price rise. Those who have cattle for sale will have no problems. They won't give up on Bio security either. Thats the Industry View. NOW. Nev

There's a lot of selling on the stock market, but in some ways that might represent a correction to bring the market back to where it should be after a period of speculation. The lowering of the indices might make for sensationalist headlines, but that might be all it does. However, if the drop continues past what might be considered the correct level, then we can start worrying more. Am I correct, Jerry?

They mix their fatty stuff with our LEAN Beef but the Beef will be there's not a lot of beef. The stock losses include breeds that have been developed over generations and cattlemen will lose properties owned for Generations by the ONE family.. Recovery will take years but SIMPLISTIC Trumper wouldn't really have a CLUE. He's having a TARIFFIC time. The Imaginary FIX for everything. Depression any body? USA gave US all the 1929 "junk Bonds" one and the GFC Wall St fiasco, Maybe this one will be easier to find the Cause or Hopefully put on the Brakes before it's too Late. Nev

There's too many threads dealing with the Trumpster. I just posted something about beef sales in another thread. Basically I expanded on rgmwa's thought, mentioning also the effects of the Queensland flooding on the supply levels. I like Marty's work around of selling our meat through a third party. The problem our meat producers face is that there is a scarcity of countries where eating beef is customary. Either that, or the population does not have the money to buy it.

Fair enough to point that out. However, considering Trump's usual behaviour, you wouldn't dismiss it out of hand. They sound like pretty typical conditions for a Trump deal. Also, a few years ago Australia started imposing GST on purchases from the USA with a value of less than $1000. Apparently, according Sky News, that is one of the reasons Trump is imposing a 10% tariff on Australian stuff. A lot of countries will be wrangling for a reduction in the tariff their products attract. I wonder what would happen if a lot of countries decided to stop trading with the USA and set up other markets. I bet the US hamburger mobs are going into panic mode. Australia supplies a good proportion of their low fat ground beef, which is probably produced in those flood ravaged areas of Queensland. So the US market will be hit with a double whammy of higher prices due to the tariff and higher prices due to lack of supply. Those companies were suffering last year due to cost of living pressures keeping customers away.

YES because the Trumpian Dollar IS falling. (UNSURPRISINGLY). Nev

The AUD has been hovering around $0.63USD for a while now. And the GBP is worth $1.30USD.

It's NOT the Cough that carries you OFF. It's the Coffin they carry you off in. Nev

The question is, why is the UK Quid so High?. Nev

You should have said "I'm not coffin up that much!"

Only if they were Fowl Mouthed. Nev

If it were truly Country, it'd be "Poultry in Motion"...

The LAST one sold had people who were dying to get it.. Nev

The stock market Indices will not please him. What a stuffed up Country. Want a Good source of info on USA? Try IntelNet Nev

So, where's the joke?

I passed through Dubai this week and learned a couple of things. A Trump Tower and apartments are being heavily promoted. There are frequent flights in and out of Moscow and St Petersburg, every few hours.

Blimey! What has happened to yhe Dingo Dollar? It's howling, certainly not growling. Last time I looked, it was $1.92 to the £.. now $2.07! I don't mind it going lower when I move out, but would want a reverse very quickly

Yeah, you can really see Zelenskyy and the Ukrainians agreeing to that scumbags deal!! I'm surprised it doesn't include free Ukrainian land for Trump golf courses and hotels, too!

A Country & Western legend, his "Poetry in Motion" is still a classic - and "It Keeps Right On a-Hurting" is country gold, too.

Even if we continue to sell directly to the US, sales are assured because our lean beef is almost all used for hamburgers. There's no way the population over there will give up their Big Macs, including Trump.

A guy tried to sell me a coffin. I said, "That's the last thing I need."

So Dickhead has made noises about banning Australian beef because we won't buy theirs. Why won't we buy theirs? Because they had mad cow disease a couple of years back, so it's a biosecurity risk. (Now they have a mad steer running their country). What will be the consequence? Well, the US hasn't got enough beef because of the ongoing shortages internally. So we'll sell to other countries at the same price we would have sold it to the yanks, and they will put a mark-up on it and sell it on to the US. Meanwhile, that third country is subject to larger tariffs than Australia, say 20% instead of 10%, so Trump's burger, still made with Australian beef, costs him about 40% more than it would have if they just kept buying from Australia, and nobody else loses out. Own goal!