China is crushed! Trump just can't stop winning!

[laksaboy]

My fondest memories of made in China products in the 1980s.

1) Panda brand crayons.
2) Mid autumn paper lanterns and candles.
3) Canned pork luncheon meat. Ma Ling brand?
4) Haw flakes.
5) Harmonica.
6) Ping pong paddles and balls (not Butterfly brand, that is Japanese brand).
7) Pencils (Great Wall brand and Chung Hwa brand)
8) TCM herbs (not Tiong TCM clinic franchises e.g. Ma Kuang, with their employees wearing white coats)
9) Dragonfly brand wood-carved Chinese chess sets.
10) 100% cotton blankets.

---
Perhaps China should return to its roots and abandon its delulu fantasies of being the world's high tech leader.

 

[Leongsam]

My fondest memories of made in China products in the 1980s.

1) Panda brand crayons.
2) Mid autumn paper lanterns and candles.
3) Canned pork luncheon meat. Ma Ling brand?
4) Haw flakes.
5) Harmonica.
6) Ping pong paddles and balls (not Butterfly brand, that is Japanese brand).
7) Pencils (Great Wall brand and Chung Hwa brand)
8) TCM herbs (not Tiong TCM clinic franchises e.g. Ma Kuang, with their employees wearing white coats)
9) Dragonfly brand wood-carved Chinese chess sets.
10) 100% cotton blankets.

---
Perhaps China should return to its roots and abandon its delulu fantasies of being the world's high tech leader.

How about seagull cameras?

 

[Leongsam]

 

[k1976]

Fake news. This is not happening.

Taiwan just announced it secured world 1st tariff agreement with Trump

 

[k1976]

How about seagull cameras?
View attachment 219775

Seagull got Tourbillion Watch

 

[k1976]

 

[potato29]

All the bankruptcies were in businesses where he held a minority stake or were licensed to his brand.

he bankrupts his business now he will bankrupt USA.

 

[shock888]

That's fake news. Trump has never been bankrupt. All the bankruptcies were in businesses where he held a minority stake or were licensed to his brand.

Trump's business have folded before but personally he has not been bankrupt before.

 

[Leongsam]

he bankrupts his business now he will bankrupt USA.

The USA has already been bankrupted by the democrats. There's no way Trump could do as bad a job even if he tried.

 

[Leongsam]

Trump's business have folded before but personally he has not been bankrupt before.

I folded 2 businesses too both lost money. However luckily sammyboy covered all the losses and then some.

 

[Sikodolaukazzz]

Stop hallucinating

I folded 2 businesses too both lost money. However luckily sammyboy covered all the losses and then some.

You must be Trump himself under the guise of Leongsam
lol

 

[syed putra]

Taiwan just announced it secured world 1st tariff agreement with Trump

Taiwan is not a country.

 

[syed putra]

The USA has already been bankrupted by the democrats. There's no way Trump could do as bad a job even if he tried.

Trump promised to cut Pentagon budget to USD500 bil but instead increased it to USD1 trillion. I think he is on the same warpath as presidents are not in charge. It's the deep state.

 

[Leongsam]

Trump promised to cut Pentagon budget to USD500 bil but instead increased it to USD1 trillion. I think he is on the same warpath as presidents are not in charge. It's the deep state.

Where did you get the info that he wants to cut the pentagon budget? The only source of this fake news is from Washington Post which spews rubbish on a daily basis.

Here's an article that more accurately summarises what is happening :

https://inthesetimes.com/article/trump-hegseth-pentagon-budget-cuts-myth

 

[Leongsam]

Hegseth Addresses Strengthening Military by Cutting Excess, Refocusing DOD Budget​

Feb. 20, 2025 | By Matthew Olay, DOD News |



During a recorded, on-camera address from the Pentagon today, Defense Secretary Pete Hegseth discussed his priorities of strengthening the military by cutting fiscal fraud, waste and abuse at DOD while also finding ways to refocus the department's budget.

Hegseth began his remarks stating the Defense Department owes the American people transparency related to steps DOD is taking to accomplish its mission while being good stewards of taxpayer dollars.

"We shoot straight with you. We want you, the American people — the taxpayers — to understand why we're making the decisions that we're making here," Hegseth said, adding that DOD is working as quickly as possible to execute the priorities of achieving peace through strength by rebuilding the military, restoring the warrior ethos and reestablishing deterrence.

Prior to getting in-depth on issues related to the department's finances, Hegseth cautioned viewers to take anything they've heard and/or read on the topic with a "gigantic grain of salt."

"Ever since I've taken this position, the only thing I've cared about is doing right by our service members — soldiers, sailors, Marines, airmen and guardians," Hegseth said." In short, we want the biggest, most badass military on the planet."

Hegseth then touched on three areas related to the Pentagon's finances.

First, Hegseth said to tackle excess spending and address the issue of fraud, waste and abuse within DOD, the department would be relying on the recently established Department of Government Efficiency.

"[DOGE is] here, and they're going to be incorporated into what we're doing at DOD to find fraud, waste and abuse in the largest discretionary budget in the federal government," Hegseth said.

He added that DOGE would be given access to systems — with proper safeguards and classifications — to first find redundancies and identify previous priorities not core to the department's current mission and then get rid of them.

"With DOGE, we are focusing as much as we can on headquarters and fat and top-line stuff that allows us to reinvest elsewhere," Hegseth said.

He then pivoted to the topic of reorienting the defense budget inherited from the previous administration.


https://www.defense.gov/News/News-S...ting-excess-refocusing-dod-budget/#pop8947599





Hegseth said beginning immediately, the Pentagon will pull 8% — or roughly $50 billion — from nonlethal programs in the current budget and refocus that money on President Donald J. Trump's "America First" priorities for national defense.

"That's not a cut; it's refocusing and reinvesting existing funds into building the force that protects you, the American people," Hegseth said.

He also said there are certain areas where funds will not be refocused — border protection, fighting transnational criminal organizations, nuclear modernization, submarine programs, missile defense, drone technology, cybersecurity, core readiness and training and the defense industrial base among them.

The secretary then turned to his third topic: the reevaluation of the Defense Department's probationary workforce.

Hegseth pushed back on recent reports that DOD would do across-the-board cuts of all probationary employees.

He said leaders are reevaluating probationary employees "carefully and smartly," and future manning decisions would be based, in part, on quality of performance.

"We're starting [cuts] with the poor performers among our probationary employees because it's common sense that you want the best and brightest," Hegseth said.

"So, when you look at headcount, we're going to be thoughtful; but we're also going to be aggressive up and down the chain to find the places where we can ensure the best and brightest are promoted based on merit," he continued.

Hegseth added DOD will implement a hiring freeze to take time to identify better hiring practices as they relate to finding the most "hard charging" employees that are central to the department's core warfighting mission.

The secretary finished his remarks by returning to the topic of transparency and the value he sees in communicating directly to the people.

"Our warfighters and taxpayers deserve no less, and we'll keep reporting back to you from time to time on what we're seeing," Hegseth said.

"We appreciate your support as we move out … on making our military once again into the most lethal, badass force on the planet to keep our country safe."

 

[Sikodolaukazzz]

lol

Trump suggests tariff cuts as US-China trade stalls​

In an interview with NBC News, US President Donald Trump stated that the White House may reduce tariffs imposed on Chinese goods, as trade between the US and China has essentially come to a halt due to them.

"At some point, I’m going to lower them because otherwise, you could never do business with them. And they want to do business very much," Trump said during the interview on the program Meet the Press.


https://www.msn.com/en-ca/news/worl...r&cvid=54dcd4f1e4e3413c92fc794e4f6dbcaa&ei=17

 

[eatshitndie]

Taiwan is not a country.

it’s a cuntry. many cunts there but not as many as tiongcock.

 

[k1976]

Buffett downplays recent market volatility, warns of a ‘hair curler’ event ​

A shareholder asked Buffett specifically about the market swings we experienced in the past month.

"What has happened in the last 30, 45 days, 100 days … it’s really nothing," he said. "This is not a huge move. … This has not been a dramatic bear market or anything of the sort."

Indeed, you can get smoked in the short-term. It’s one of the truths about the stock market.
"If it makes a difference to you whether your stocks are down 15% or not, you need to get a somewhat different investment philosophy," Buffett said. "The world is not going to adapt to you. You’re going to have to adapt to the world."

A cutout of Warren Buffett promoting See’s Candies. (Source: Sam Ro)

Buffett cautioned that just because he doesn’t think the recent market swings were notable doesn’t mean we won’t get a more violent downturn some time in the future. He said "certainly in the next 20 years" we will get a "hair curler" event.

"The world makes big, big, big mistakes, and surprises happen in dramatic ways," he said. "The more sophisticated the system gets, the more the surprises can be out of right field. That’s part of the stock market. That’s what makes it a good place to focus your efforts if you have the proper temperament for it — and a terrible place to get involved if you get frightened by markets that decline and get excited when stock markets go up. I don’t mean to sound particularly critical. People have emotions. But you have to check them at the door when you invest."

 

[k1976]

LA’s bustling ports hit by Trump tariffs: ‘Everyone in the US will feel this’​

Victoria Clayton in Los Angeles
Sun, 4 May 2025 at 9:00 PM SGT6-min read

Shipping containers at the Port of Los Angeles last month.Photograph: Frederic J Brown/AFP/Getty Images
Southern California may be known for celebrities and glitz, but the true action has long been about 40 miles away from Hollywood, in a place where high-visibility coveralls and hardhats dominate.

For the past 25 years, the San Pedro Bay port complex – comprised of the Port of Los Angeles and the Port of Long Beach – has been the celebrity of the shipping world and an economic driver of California’s massive economy. The busiest seaport in the western hemisphere and one of the busiest in the world, approximately 15,000 longshore workers usually pull shifts around the clock, moving billions of dollars’ worth of cargo in cars, agriculture, auto parts, toys, clothes and furniture.

This week, however, the port is shining a little less brightly. As a result of the Trump administration’s decision to subject imports to a minimum 10% tariff (and levies far higher for goods from 57 countries), roughly a third of the traffic at the port has ground to a halt, according to Eugene Seroka, the chief executive officer of the Port of Los Angeles.

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With more than 70% of the port workforce living within a 10-mile radius of the complex, LA’s waterfront communities of San Pedro, Wilmington and Long Beach are expected to be the first hit by the slowdown, but they will certainly not be the last, said Gary Herrera, president of International Longshore and Warehouse Union (ILWU) local 13.

“One in every five jobs in southern California is tied to the ports – warehouse workers, truck drivers, logistic teams and more,” said Herrera, who has been a longshore worker since 1998. Herrera says LA’s Inland Empire, including Riverside and San Bernardino, which serve as warehousing centers for retailers such as Walmart and Amazon, as well as communities such as Bakersfield and Barstow, which have freight rail lines, will also be severely affected.

What happens in the port doesn’t stay in the port, echoed long-time labor activist and former Los Angeles harbor commissioner Diane Middleton. “One way or the other, cargo that comes in here goes to all 435 US congressional districts. Everyone in the US will feel this.”

The port, which handles 40% of all containerized imports into the country, is widely seen as a bellwether for the entire US economy. For months leading up to the election and inauguration, the docks were abuzz. Large retailers especially were front-loading – stocking up on merchandise in fear of what might be to come. Now that the tariffs are here, experts say the front-loaded stock will only last six to eight weeks.

 

[k1976]

Eric Trump: 'If banks don’t watch what’s coming, they’ll be extinct in 10 years'​

PUBLISHED WED, APR 30 2025 1:46 AM EDTUPDATED WED, APR 30 2025 11:27 AM EDT

Natasha Turak@NATASHATURAK
WATCH LIVE

KEY POINTS

• "The modern financial system is broken, it's slow, it's expensive," Eric Trump told CNBC in the UAE.
• The executive vice president of the Trump Organization has made frequent visits to the desert sheikhdom in recent years as it rapidly becomes a global hub for cryptocurrency.
• A vocal advocate of digital currencies, the younger Trump lauded decentralized finance as a way to bypass the costs and lack of privacy of traditional banks.

DUBAI, United Arab Emirates — Eric Trump has a warning for banks: change the way you operate, or go extinct.

"The modern financial system is broken, it's slow, it's expensive," the executive vice president of the Trump Organization told CNBC's Dan Murphy in Dubai while discussing the United Arab Emirates' development as a cryptocurrency hub.