U.S. to slap tariffs on steel, aluminum from EU on Thursday: sources

[Catfish]

They already call it the G6 +1 summit

[Jimbuna]

Originally Posted by Catfish

They already call it the G6 +1 summit

I call it another potential step toward isolationism.

[Jimbuna]

China has warned that all trade talks between Beijing and Washington will be void if the US sets up trade sanctions.

After talks between Vice Premier Liu He and US Commerce Secretary Wilbur Ross, China said it was ready to boost imports from many countries.

Mr Ross's China visit comes days after Washington threatened to impose extra tariffs on $50bn of Chinese goods.

http://www.bbc.co.uk/news/business-44346461

It would appear the Chinese are adapting to the current situation sooner rather than later and are communicating in the same tone as the US.

[Catfish]

"Wie man in den Wald hineinruft, so schallt es heraus."
(german proverb)

[Rockstar]

Germany's trade surplus is a problem. "what comes around goes around" - Some dead greek guy


https://www.brookings.edu/blog/ben-b...-is-a-problem/

[Skybird]

Originally Posted by Rockstar

Germany's trade surplus is a problem. "what comes around goes around" - Some dead greek guy


https://www.brookings.edu/blog/ben-b...-is-a-problem/

It is. I say sionce years and years an economy that is so dependent on export like ours, is not strong, but a weak - dependent - economy.


The cartoon does nto fit, however, it refers not to exporting and productivity and cpompetitiveness, but saving. And regarding the ignorrance for saving, all the world ticks wrong and self-destructive. Most people do not even understand what saving means, they think saving already is not exaggerating it with credits. But saving means to practice abstinence from spending and consummation.And what has been saved this way, later gets invested or consumed, in bitter times, or when investments for somethign to grow are wanted.


BTW, the average wealth of Italian, Spanish and even Greek (!) private households is higher than in Germany! Also is beside Belgium also the highest-taxing nation in the West, and one of the highest taxing nations world-wide. That is because in Spain and Italy house and land property is far more common than in Germany.

[Catfish]

^ @Skybird Will you please stop and get back on track bashing Germany, for all?


Seriously, if Trump (=the US) bashes Germany and wants to threaten them and the EU, while saying "the poor US economy" cannot keep up, what does this tell us?

Also good advice.. while proposals and diplomacy usually work well with Europe, big-mouthed threatening and trying to be a smart-ar§e might meet some resistance. Just saying.

[Skybird]

Originally Posted by Catfish

"Wie man in den Wald hineinruft, so schallt es heraus."
(german proverb)

https://www.phrasen.com/uebersetze,W...us,3724,d.html