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Donald Trump - MAGAtwat news and discussion

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Dubai developer DAMAC Properties will invest at least $20 billion "over a very short period of time" in the U.S., primarily in data centers in the middle of the country, President-elect Donald Trump announced Tuesday, as the company's billionaire founder and CEO, Hussain Sajwani, stood nearby.

Speaking to reporters at Trump's Florida Mar-a-Lago estate, Trump and Sajwani said Trump's victory in November influenced the company's decision to make the investment.

"He's doing it because of the fact that he was very inspired by the election," Trump said.President-elect Donald Trump speaks as Hussain Sajwani, CEO of DAMAC Properties, listens during a news conference at Mar-a-Lago, Tuesday, Jan. 7, 2024, in Palm Beach, Fla.Evan Vucci / AP
DAMAC Properties, primarily a real estate developer, plans to invest in new data centers across Texas, Arizona, Oklahoma, Ohio, Illinois, Louisiana, Michigan and Indiana. The data centers will support artificial intelligence and cloud services.

"It was amazing news for me and my family when he was elected in November," Sajwani said. "We've been waiting for four years to increase our investment in the U.S. to a very large amount of money."

The president-elect said the company may even "double" that $20 billion investment, but Sajwani said his company will start with the $20 billion.
 
He's currently threatening Denmark with very high tariffs if they don't agree to hand ove Greenland. Presumably no-one has yet managed to explain to him how tariffs actually work.
That's gonna be his favourite stick to beat other countries with. Can't wait to see the inflation figures.
 
He's currently threatening Denmark with very high tariffs if they don't agree to hand ove Greenland. Presumably no-one has yet managed to explain to him how tariffs actually work.
What is a tariff in this context? I think the only time I’ve come across the word before is when crossing toll bridges or maybe on a poster at an airport. Some sort of tax?
 
What is a tariff in this context? I think the only time I’ve come across the word before is when crossing toll bridges or maybe on a poster at an airport. Some sort of tax?
Tax added to imported goods to make them less competitive that locally manufactured ones. If country A makes widgets at 10 groats per widget and country B can make them at 5 groats each then someone in A can import them paying 6 groats per widget, sell them at 7, still make a profit and undercut local widget makers.
Government of A slaps a 4 groat tariff on imported widgets and they're now 11 groats making them less competitive than the local ones. People start buying local widgets. That's the theory but it assumes that A still has a widget making industry or one that can keep up with demand if not then the good folk of A are now paying 11 groats per widget.
And of course in the real world the USA slapping tariffs on China means that China will respond and of course the USA imports a lot of stuff that it doesn't/can't make itself such as TV's or rare earths from China, or oil from Canada or components from Mexico which go into American goods making them more expensive. The importer pays the tariff since despite Shitgibbon's gibbering there is no mechanism for making the originating country pay.
The importer then has to swallow the tariffs and possibly ultimately going bust or passing them onto the consumer making stuff more expensive.
 
I wonder how all the floating voters who apparently decided Trump would be the best steward of the economy are feeling about his decision to make his weird expansionist fantasies his main focus, did he mention any of it during his campaign?
None of the expansionism involves sending in troops - mainly its about tariffs first it seems (Panama and Greenland both threatened with such)
I doubt the supporters care and if you actually believe in Trumpian MAGA then it doesnt contradict that
Its very different from waging war on the entire middle east
 
Tax added to imported goods to make them less competitive that locally manufactured ones. If country A makes widgets at 10 groats per widget and country B can make them at 5 groats each then someone in A can import them paying 6 groats per widget, sell them at 7, still make a profit and undercut local widget makers.
Government of A slaps a 4 groat tariff on imported widgets and they're now 11 groats making them less competitive than the local ones. People start buying local widgets. That's the theory but it assumes that A still has a widget making industry or one that can keep up with demand if not then the good folk of A are now paying 11 groats per widget.
And of course in the real world the USA slapping tariffs on China means that China will respond and of course the USA imports a lot of stuff that it doesn't/can't make itself such as TV's or rare earths from China, or oil from Canada or components from Mexico which go into American goods making them more expensive. The importer pays the tariff since despite Shitgibbon's gibbering there is no mechanism for making the originating country pay.
The importer then has to swallow the tariffs and possibly ultimately going bust or passing them onto the consumer making stuff more expensive.
Given there's now massive over production capacity in China they are bound to start dumping. So not actually sure there's an alternative. But also fair to say Smoo5 Hawley tarrifs contributed to the Depression and, eventually, another World War
 
I wonder how all the floating voters who apparently decided Trump would be the best steward of the economy are feeling about his decision to make his weird expansionist fantasies his main focus, did he mention any of it during his campaign?
During his last stint in office he had advisors around him who could rein him back when he came up with some batshit crazy idea but he's got rid of them now and surrounded himself with yes men.

As someone said at the time...How close do you let a toddler put their hand near a flame before pulling them back?
 
Greenland has murres instead of penguins - I don't think there have been any cases of colonies spontaneously deciding to attack visiting Americans, but they haven't met Don Jr. yet

View attachment 458475
It'll be Crimea all over again. Don Junior is arranging for Greenlan to be infiltrated by cells of "Little Tufted Puffins". When the moment comes these will rise up against the indigenous avian and human population and bring Greenland under the control of the Great Tufted Orange.

images (21).jpeg
 
It'll be Crimea all over again. Don Junior is arranging for Greenlan to be infiltrated by cells of "Little Tufted Puffins". When the moment comes these will rise up against the indigenous avian and human population and bring Greenland under the control of the Great Tufted Orange.

View attachment 458499
Ah, so that petee's fiendish plan. American imperialism using flying bricks.
 
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