So called shipbuilding deal with South Korea

[Safiel]

'Make America Shipbuilding Great Again' package key to reaching trade deal, South Korea says

South Korean Finance Minister Koo Yun-cheol said on Thursday that a shipbuilding partnership package dubbed "Make America Shipbuilding Great Again" was key to the agreement on tariffs between the U.S. and South Korea.

www.reuters.com

First of all, American civilian shipbuilding is all but non-existent, limited construction of fairly small "Jones Act" vessels.

The United States produces 0.04% of worldwide civilian ship tonnage.

0.04%.



Trump can negotiate all the ****ing agreements he likes and that won't change.

With its wage and environmental laws, the United States cannot even remotely compete on a price basis with China, South Korea and Japan.

If you really want to be helpful, Trump, you can get Congress to repeal the Jones Act. You are so dead set on other nations removing THEIR barriers to trade, so the United States should likewise remove OUR barriers to trade.

Hell, our shipbuilders can't turn out Navy ships that function half the time.

What would they do if they had to produce a ship vastly larger than any Navy ship.

 

[iliveonramen]

These deals are happening because countries realize the song and dance now. There's going to be a 15-20% tariff no matter what. Just promise stuff that has zero enforcement and will never be done so that Trump can yell about big numbers to fool whatever dopes believe it.

 

[multivita-man]

These deals are happening because countries realize the song and dance now. There's going to be a 15-20% tariff no matter what. Just promise stuff that has zero enforcement and will never be done so that Trump can yell about big numbers to fool whatever dopes believe it.

Plus exceptions. I mean I'm not complaining - it shows the administration can be practical, which I feared they weren't.

 

[Grand Mal]

These deals are happening because countries realize the song and dance now. There's going to be a 15-20% tariff no matter what. Just promise stuff that has zero enforcement and will never be done so that Trump can yell about big numbers to fool whatever dopes believe it.

Nobody is going to give up anything for the sake of 'making a deal' with the USA. Everybody knows no 'deal' with America is worth a damned thing.
There's no longer any pretense of 'balance of trade'. It's just about tax revenue for Trump. And he's still, to this day, telling his magatry that Mexico pays the tariffs he imposes.

 

[multivita-man]

Nobody is going to give up anything for the sake of 'making a deal' with the USA. Everybody knows no 'deal' with America is worth a damned thing.
There's no longer any pretense of 'balance of trade'. It's just about tax revenue for Trump. And he's still, to this day, telling his magatry that Mexico pays the tariffs he imposes.

They'll probably make short-term deals to avoid near-term pain while quietly reworking mid- and long-term strategy.

There's a Great Game being played between the US-led West/G7 and BRICS, and I think it's a game that BRICS wins. I think we're seeing the end of the American global hegemon as we've come to know it. Might take a while to start seeing the more obvious signs, but I think that's how people need to see current events.