Discover and read the best of Twitter Threads about #tradewars

Most recents (12)

Thx to @Tim_L_Meyer for his thoughtful & honest response to my critique of @ChrisCoons & @RepScottPeters carbon border adjustment bill. Genuine debate is what US America needs & allows me to elaborate on why the C/P bill - & Tim - are wrong on law, politics & policy. A 🧵
First, and fundamentally, the professor and I disagree on the target of my critique. The core problem w the C/P bill isn’t the lack of a US carbon tax or a cap & trade scheme (an explicit price for carbon). The problem w the proposed policy is that it...
1⃣would only coincidentally – if at all - mitigate carbon leakage & CC

2⃣would tax the US economy w/o effectively combating carbon leakage, render it less competitive, and eventually decrease net employment
Read 28 tweets
.@INCIndia trolls elated at minus 7.3% GDP growth in FY21,forgetting this was a #Pandemic year,in fact the worst pandemic in 102yrs

Good News in 4Q👇

GDP growth was 1.6% despite consensus of minus 1.4%

GVA growth was 3.7% Vs consensus of 2.6%

Industrial growth was solid 6.9%
In fact,both in Q3&Q4FY21,India reported positive GDP&GVA growth

Industrial growth also was +ve for 2 qtrs in a row at 1.7%&6.9%

Agricultural growth has been a positive 3%+ in every single qtr,in last 4 qtrs

Construction growth has been a massive 6.5%&14.5% in Q3&Q4
#Economy
Some channels conveniently showing how WPI under @narendramodi govt has risen sharply,to 10.49% in April 2021

It is not #WPI but #CPI that matters& #RetailInflation measured by CPI was just 4.2% in April,with food inflation at 2.02%&Vegetable Inflation at minus 14.18%
#Economy
Read 10 tweets
Daily Bookmarks to GAVNet 02/10/2021 greeneracresvaluenetwork.wordpress.com/2021/02/10/dai…
Why is Biden proposing a massive stimulus plan for ... Chinese manufacturers? A brief history of the new trade wars

brunomacaes.substack.com/p/why-is-congr…

#EconomicStimulus #china #manufacturing #TradeWars
Public Health Interventions, Epidemic Growth, and Regional Variation of the 1918 Influenza Pandemic Outbreak in a Swiss Canton and Its Greater Regions

acpjournals.org/doi/full/10.73…

#PublicHealth #PandemicResponse #SpanishFlu1918 #variants
Read 10 tweets
I'm also trying 2 make plain that what even Mattis was trying 2 push that "both sides do that" is GOP trying 2 survive but if we buy that BS out of repetition we're doomed. DNC did NOT side w/Russia, or try 73+ times 2 repeal Obamacare, or give #TaxScamForRich, or protect 45
aka #TraitorInChief come Hell or high water, did NOT insert judges on USC whose main qualification was being right-wing zealots, did NOT condone conspiracy theories pushed by WH on all media leading to hatred & violence, did NOT block Muller Investigation & the appoint Barr to
complete the process, did NOT keep in power an unfit, deranged man who betrayed allies fm @NATO to #Kurds to SoKo/Japan, EU, Ukraine; did NOT use quid pro quo to blackmail a weak ally 2 get dirt & help Russia in the process, did NOT say they were going to block ANYTHING Obama put
Read 10 tweets
1/8 #Disinformation & #Misinformation can come in many forms.

One of them is #cherrypicking, where only certain pieces of information are chosen to sell your argument.

Sometimes this presentation is done purely for sensationalism.

Take this Dan Scavino post Trump re-tweeted:
2/8 Seizing upon this shocking potential revelation, numerous news outlets are broadcasting it as if it were a lock, a definite thing, but if you look more closely at the articles themselves, it turns out to be anything but.
3/8 The numbers come from Moody's Analytics, a poll alla re swift to note has been accurate for 40 years... except in 2016.

That's a very recent & sizable blunder, & though they insist taking into account surprise turnout patterns resolves the issue, it leaves room for doubt.
Read 8 tweets
#TradeWars (1/) Is Trump's trade war hurting China? The short answer is no. Listen to this great @Trade__Talks podcast with the amazing @SoumayaKeynes and @ChadBown interviewing China connoisseur Nicholas Lardy. tradetalkspodcast.com/podcast/102-is…
(2/) China's growth slowed after the Great Recession mostly because global trade slowed. The tariffs did not add anything to the existing trend. China's exports to the US did fall, but China's exports to the rest of the world picked up the slack.
How come? China has roughly a $12T economy. Exports to the US are about $550B, but in value added terms it's about half, say $250B which is the right number to compare to GDP. That's 2%. So even if it shrinks, it won't hurt China that much.
Read 7 tweets
...provano a mostrare che questo sia un "mondo" meraviglioso quanto più possono...Eurodollar timidamente si porta a sostegno di #ES_F ma #FED Fund Futures segnalano ancora ZERO chance di un rate hike e sono ancora in negativo per il 2019!!!
...occhio qui ...liquidità dal Tesoro US...si partiva da 403, siamo 363...arrivo a 320 a marzo e 300 a giugno...è tutta liquidità che arriva al sistema, alla fine sulle riserve delle banche commerciali e che sostiene gli asset finanziari...#ES_F
...aggiornamento sulla liquidità globale,come detto il miglior indicatore di volatilità=liquidità lo avete dalla differenza tra max e min sul ticks Index US,serve uno "spread" >2.500 stabile altrimenti "no party"
CBs e Trump Boys sono in controllo totale, establishment brinda...
Read 594 tweets
Thread
Comments by Paal Kibsgaard, Schlumberger Chairman & CEO
1- "Still, the well-established market consensus that the #Permian can continue to provide 1.5 million barrels per day of annual production growth for the foreseeable future is now starting to be called into question"
2- "In fact, so far in the third quarter, the hydraulic fracturing market has already softened significantly more than we expected in spite of the overall rig count holding up relatively well."
3- "Still, what is already clear is that unit well performance, normalized for lateral length and pounds of proppant pumped, is dropping in the Eagle Ford as the percentage of child wells continues to increase."

#Oil #Permian #EagleFord #shale
Read 13 tweets
#demographics #militaries #economies #currencies
#USA
- Best demographics
- Largest military
- Largest economy
- Most used currency
- Liquid financial markets
- Open capital account
- Rule of law
- Best geography
- Can be self sufficient if required
- Not trade dependent
#USA
Top trade partners as of 30 June 2018:
- China: 15.2% (strategic competitor)
- Canada: 15.1%
- Mexico: 14.6%
- Japan: 5.1%
- Germany: 4.4%

The next 10 years could result in the below:
- Mexico (25%)
- Canada (20%
- Japan (7%)
- South Korea (5%)
- Great Britain (4%)
#USA
Bring the manufacturing (jobs) home while negatively impacting China's economy.
forbes.com/sites/kenrapoz…
cebglobal.com/talentdaily/au…
irishtimes.com/business/econo…
Read 338 tweets
Okay, I think I figured out what is Trump's ultimate game in this escalated US-China trade tensions and I think he will get it. Will share my thoughts in a thread soon! 😎
1) What is Trump's ultimate game? RECIPROCAL TRADE & INVESTMENT. Pissed off about higher tariffs vs the US & non-tariff barriers. Regarding #China 🇨🇳, doesn't like forced tech transfers, Chinese industrial overcapacity, gov subs. But how to get this? Investment+Trade policy
2)Implemented #taxreforms that impacts 50% of global FDI stock & favors US as a destination; USD2trn of REPATRIATION of funds, lower retained earnings of foreign affiliates; higher INVESTMENT in the US b/c of expensing, re-shoring of manufacturing. Basically, good for earnings💪
Read 25 tweets

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