I stand corrected both on time line and geography was me being stupid, are their any other fabs going up? From memory Intel are in Chandler. The point still stands though as Trump didn’t make any noises about bring in semi conductor manufacturing during his ‘first at bat’. To be fair some...
I see the BBC is talking trump up again. This time it’s the TSMC fabrication plant in Nevada. Apparently it’s secret but anyone in the semi conductor business knows about it. Apparently it’s Trump’s poster boy for tariffs, as in March they’ve invested a load more on expansion. What the reporter...
The wheels are starting to come off. Once he loses any aspect of control then he’s gone. Then there will be in the infighting of his sycophants to enjoy. I'm not sure there is enough popcorn in the world to cover that.
In 2024, the United States imported $412.7 billion worth of goods from Canada. Key import categories include crude oil (US oil is it great for fuel), refined petroleum, vehicles and heavy machinery. They are also reliant on fertilisers. In short they have very good cards and Trump doesn’t. If...
I don’t believe he ever pushed back on the 51st state bollocks which didn’t help.
I reckon Trump was banking on a conservative win and then Canada toeing the US line regards trade deals. The end game being much more favourable to the US and preferential access to Canadian natural resources...
That would be a ‘no’ unless they get something for it.
what it does do is show that he is not to be trusted and that will screw him going forward As without a modicum of trust you can’t deal/negotiate.
He’s just realised that neither Putin or Zelensky fear him and the rest of the world thinks he’s a twat. His other problem is that he’s now getting push back at home. Harvard, Princeton and Stanford telling him to get scraped is very telling.
It will be lose-lose regardless of what we do. If we give in then he’ll f**k us over again and again, so imho we effectively tell him to go forth by mirroring his every move. He needs something to react against so mirroring takes that option away.
Markets require a level of trust to function. Trump has dump that do I can see a long term move away from US stocks which will add to the misery for US based companies.
The MAGA lot love the idea of ’Draining the Swamp’, it’s just that none of them realised that they are what Trump wants to drain from the swamp. They are the equivalent of the Expat’s that lived in Spain and voted for Brexit. Wankers the lot of them.
And that is the crux of the matter. The US is all about the ‘American dream’ which how poor people make good and everyone lives happily ever after. That’s not going to happen if the markets are going to rat shit, defence companies lose market share and influence, lower exports and tourist...