onetrack Posted 11 hours ago Posted 11 hours ago There's a revealing article in the link below, showing how much Trump has stuffed the American economy with his moronic and chaotic decision-making. What is interesting is the chaos he's creating in shipping, with the container trade about to revert to COVID-19 chaos, whereby empty shipping containers piled up in the wrong ports, and ships sailed with only part cargoes. Coupled with American businesses inability to do any forward planning, while Trump bounces off the walls, and the end result will be nothing surer than goods shortages on American store shelves (which drives up prices), increased prices as a result of tariff impositions, and American ports withering, as cargoes diminish. The thing is, it's not just imports being affected, the Chinese are effectively embargoing American goods and produce, so the number of containers leaving American ports will reduce substantially. Boeing are getting a pile of new aircraft returned, that the Chinese were going to buy, so another kick in the nuts for Americas largest export earner. It just makes one wonder how much longer Americans will put up with his idiocy, as regards his pathetic economic decision-making, that is going to make life harder for a lot of Americans. https://prospect.org/economy/2025-04-24-permanent-tariff-damage/ 2
red750 Posted 11 hours ago Posted 11 hours ago China has cancelled orders fpr 12,000 metric tonnes of US pork, US soybeans and returned 2 Boeing aircraft. https://www.msn.com/en-us/money/markets/u-s-farmers-face-steep-drop-in-china-s-soybean-and-pork-buying/ar-AA1Dz2Zt https://www.thestar.com.my/aseanplus/aseanplus-news/2025/04/21/second-boeing-jet-starts-return-from-china-tracker-shows 1 1
red750 Posted 8 hours ago Posted 8 hours ago Vance Announces America, India Finalized ‘Terms of Reference’ For Trade Deal https://conservativebrief.com/vp-vance-announces-90978/?utm_source=CB&utm_medium=573
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