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Thread: Trump "Digs Coal"...

  1. #1

    Trump "Digs Coal"...

    BEIJING (Reuters) - At least three U.S. coal shipments on their way to China may end up casualties of the escalating trade dispute after Beijing said it would impose steep tariffs that may kick in before the ships reach their destinations.

    The addition of coal to the list of more than 650 items facing higher tariffs came as a shock to Chinese steel mills and trading firms that just last month were encouraged by Beijing to buy more U.S. coal to narrow the trade gap, four sources with knowledge of the plan said.

    Although 545 items on the list face higher tariffs starting July 6, Beijing did not specify when coal and the other remaining items would be hit.

    But coal’s presence on the list has sent shudders through the market.

    “I am really worried. I haven’t found buyers interested in these cargoes now,” said the manager of Shanghai Runhe International Trade Co, which has three shipments of U.S. coking coal en route to China.
    An executive with the trading arm of a major Chinese building materials company said it had stopped talks with U.S. coal producers.

    “We resumed our talks with U.S. coal producers recently,” the executive said. “But our talks are stopped now.”
    Any policy can have unintended consequences. Stupid policies...policies that are completely ignorant of history...have absolutely expected consequences. Trump's ignorant approach to trade is having the exact impact everyone expects. The only ones who don't understand work in the White House.

  2. #2
    Registered User warneckutz's Avatar
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    Quote Originally Posted by transporter View Post
    I don't understand work
    Clearly.
    Listen to me now, and believe me later: it doesn't matter how much you pump up those muscles, as long as you reach the full pumptential.

    It's not 'roids but thanks for noticing...

  3. #3
    Because why not risk it all and go “all in” without understanding how this stuff works?

  4. #4
    Registered User warneckutz's Avatar
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    Quote Originally Posted by JustACitizen View Post
    Because why not risk it all and go “all in” without understanding how this stuff works?

    Isn’t this wha
    Listen to me now, and believe me later: it doesn't matter how much you pump up those muscles, as long as you reach the full pumptential.

    It's not 'roids but thanks for noticing...

  5. #5
    Nobel Peace Prize Awarded Kyle's Avatar
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    Quote Originally Posted by warneckutz View Post
    He decided to use his old MPD to continue. You'll get use to it.
    ___________________________________________________________
    "If You Don’t Read the Newspaper You Are Uninformed, If You Do Read the Newspaper You Are Misinformed." - Mark Twain

  6. #6
    "Dark humor is like food. Not everyone gets it." - J. Stalin

  7. #7
    Registered User warneckutz's Avatar
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    Quote Originally Posted by Kyle View Post
    He decided to use his old MPD to continue. You'll get use to it.
    Is that sappy?
    Listen to me now, and believe me later: it doesn't matter how much you pump up those muscles, as long as you reach the full pumptential.

    It's not 'roids but thanks for noticing...

  8. #8
    Nobel Peace Prize Awarded Kyle's Avatar
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    Quote Originally Posted by warneckutz View Post
    Is that sappy?


    Sappy, Tranny... Whoeverthe####!
    ___________________________________________________________
    "If You Don’t Read the Newspaper You Are Uninformed, If You Do Read the Newspaper You Are Misinformed." - Mark Twain

  9. #9
    Registered User warneckutz's Avatar
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    Quote Originally Posted by Kyle View Post
    Sappy, Tranny... Whoeverthe####!
    Listen to me now, and believe me later: it doesn't matter how much you pump up those muscles, as long as you reach the full pumptential.

    It's not 'roids but thanks for noticing...

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