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But this dude is a Putin puppet…. If he’s a friend I hate to see an enemy
Same thing with stars..will happen to our sun in about a billion yearsIt's called "overreach," dying empires always try to expand before they die.
But this dude is a Putin puppet…. If he’s a friend I hate to see an enemy
But you'll have the last laugh....A couple cats laughed at my Brics post smh
I mean we don’t know how things will eventually pan out but those laughs been nonexistent of lateBut you'll have the last laugh....
What comes up must come down, The West meaning Europe and the United States has been in power for centuries now and a change is here so it's painful for them. They are throwing violent tantrums globally.I mean we don’t know how things will eventually pan out but those laughs been nonexistent of late
The Brics Summit in Russia displayed a ton of shit.
This next summit the Brazilians host likely won’t be as magical. Folks say Brazil kinda still try to please Americans and Europeans.
But you’re right this BRICS shit ain’t where them ninjas said it would be
Shidddd Trump serious about them tariffsKing pump fake. Full of shit once again. He really don't like tariffs he just likes threatening people with tariffs.
China delays $23B sale of Panama Canal ports to US-backed consortium led by BlackRock
By
Published March 31, 2025, 1:04 p.m. ET
China has held up the $23 billion sale of dozens of ports worldwide — including two key ports in the Panama Canal — to a group led by US investing giant BlackRock after President Trump expressed concern about Beijing’s sway over the strategic shipping lanes.
On March 4, CK Hutchison, a Hong Kong-based conglomerate controlled by 96-year-old billionaire Li Ka-shing, announced plans to sell 43 port facilities globally — including critical ports at both ends of the Panama Canal and near the Suez Canal — for approximately $22.8 billion.
But China’s State Administration for Market Regulation unexpectedly initiated an investigation on Friday into potential violations of Chinese anti-monopoly laws, effectively stalling the deal.
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Chinese regulators have blocked a $23 billion sale of key ports, including two in the Panama Canal, to a group led by BlackRock. REUTERS
China President Xi Jinping is reportedly “angry” over CK Hutchison’s plans to sell its Panama Canal port operations — particularly because the company did not consult Beijing beforehand,according to the Wall Street Journal.
The deal — spearheaded by BlackRock CEO Larry Fink, a longtime Trump confidante — called for an agreement to be signed by April 2, though it now is likely that the Wednesday deadline will be missed.
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The Post has sought comment from BlackRock.
“We are confident that Panama will require the sale of these assets within its sovereign territory,” a White House official told The Post.
Insiders say Chinese leadership had hoped to leverage the port issue in its talks with the Trump administration, only to be caught off guard by the deal’s sudden progress.
Trump hailed the development as a strategic win over China — casting Panama as a key battleground in the broader US-China struggle for global influence.
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Hong Kong tycoon Li Ka-shing, chairman of CK Hutchison Holdings, agreed to sell the ports to a consortium led by BlackRock. AP
In response, an op-ed published in the pro-Beijing newspaper Ta Kung Pao condemned the sale as a “betrayal of all Chinese people.”
The timing of the deal’s announcement, coming just before the start of the “two sessions,”China’s most significant annual political and economic gathering, only deepened the offense for Xi and the Chinese Communist Party.
The Panama Canal — used extensively by both the US and China — has reemerged as a flashpoint in global politics after President Trump renewed his pledge to assert American dominance over the waterway.
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Beijing’s move to influence the affairs of CK Hutchison reinforced concerns among global observers about China’s diminishing distinction between private and public sectors as well as its aggressive encroachment into Hong Kong’s affairs.
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President Trump has vowed to reassert American dominance over the Panama Canal. AFP via Getty Images
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China’s State Administration for Market Regulation has intervened in the deal. BlackRock CEO Larry Fink is pictured above. REUTERS
Trump has claimed that the canal is controlled by China and operated by its military.
In reality, CK Hutchison, the company at the heart of the port sale, is headquartered in Hong Kong, a semi-autonomous region historically afforded a high degree of operational independence from Beijing.
The dispute over the canal’s ports arises at a sensitive moment as China faces ongoing tensions from a US trade war.
This week, Trump is expected to announce a new round of so-called “reciprocal tariffs.”
whats the purpose of the Trump tariffs? like i think im missing something
Seems like it’s not working though…Seem like hes using that as a scare tactic….
Dude trying to punk nations into doing what he wants
So again whats the end game or end result of this??US Treasury chief warns ‘there will be escalation’ if countries respond to tariffs
By AFP
US Treasury Secretary Scott Bessent attends President Donald Trump's remarks on reciprocal tariffs during a so-called "Make America Wealthy Again" event in the Rose Garden of the White House in Washington, on April 2, 2025. (Saul Loeb/AFP)
WASHINGTON — US Treasury Secretary Scott Bessent warns trading partners that any retaliation to the barrage of new tariffs from the White House will only result in further escalation.
“My advice to every country right now is, do not retaliate,” Bessent tells Fox News. “Sit back, take it in, let’s see how it goes. Because if you retaliate, there will be escalation. If you don’t retaliate, this is the high watermark.”
US Treasury chief warns ‘there will be escalation’ if countries respond to tariffs
By AFP
US Treasury Secretary Scott Bessent attends President Donald Trump's remarks on reciprocal tariffs during a so-called "Make America Wealthy Again" event in the Rose Garden of the White House in Washington, on April 2, 2025. (Saul Loeb/AFP)
WASHINGTON — US Treasury Secretary Scott Bessent warns trading partners that any retaliation to the barrage of new tariffs from the White House will only result in further escalation.
“My advice to every country right now is, do not retaliate,” Bessent tells Fox News. “Sit back, take it in, let’s see how it goes. Because if you retaliate, there will be escalation. If you don’t retaliate, this is the high watermark.”
So again whats the end game or end result of this??
I get the concept of trying to get people to buy American products; the problem is america dont manufacture shit!! I think the idea of tariffs and raising them would work if it was tied to bringing American business back stateside and also helping American businesses that are already here; as well as helping to establish more American businesses; just raising tariffs to raise dont seem like it means anything...This my thinking I’m not sure what’s his end game is. I can only listen to dude for about 2 minutes, 3 tops
Think about the Russia economy when the sanctions were imposed and foreigns companies had to leave. The void encouraged local business to step up.
Was the quality the same, definitely not.
Mom and pops startups can’t compete with seasoned franchises daily operational tasks.
Now, with those opportunities these people had something to do, people working, money flowing etc… the economy didn’t crash
I think Trump’s hard-on for imposing tariffs might be linked to that concept. Countries who import goods into American will cost more. The price increases might influence us to buy American made products.
Why should I pay $9.99 for something made in Indonesia, when I came pay $8.50 for an American made product. Before tariffs that Indonesian product was $6.99.
I’m sure Orange Crush said lower your prices or I’ll place tariffs.
He campaigned about reduced prices to lower the cost for imported goodies.
I often said Americans voted with their bank accounts in mind.
There’s one thing I’m watching for, will Americans companies decide to increase their prices…
(I might be completely wrong with this, but I’m sure Trump is clueless about his actions)