Joss @Joss
Malden
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There is a case to be made for higher levies on imports. America needs to rebuild its industrial base, it can’t always be reliant on its main geopolitical adversary for a vast range of tech and consumer goods, and it needs to bring production back onshore. Former President Joe Biden was trying to do all that with his huge range of subsidies, especially for microchips, and now Trump is pursuing the same goals, but with tariffs as the main tool instead. It has become the new consensus in American economic policy, and, whoever is in charge, it is likely to stay in place. The rest of the world will just have to get used to it. The trouble is, the tariffs have been poorly planned, and badly executed. They should have been announced a long way in advance so that companies had the time to reconfigure their supply chains. For example, iPhones. If it will take Apple until 2028 to build the necessary manufacturing capacity in the US, why not wait until then before the tariff is introduced? If it will triple the cost of an iPhone, why not phase the tariff in gradually so that the market has time to adjust? Perhaps most of all, talk to industries first to figure out what the impact might be instead of raising the tariffs overnight, and then suspending them after some frantic lobbying from a series of bewildered chief executives. It remains to be seen whether Apple can build the factories it will need in the US. As an insurance policy, at least, it will have to try. It can’t risk going through another week with huge tariffs hanging over it. VACANCY. Horse whisperer needed for stable genius. -
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"Police officers smash through the back doors of a bright, modern barber shop in the market town of Shrewsbury. Inside they immediately detain two men - who we are later told are Kurdish asylum seekers. Both men are later released. It is the first of six raids that day where police seize thousands of pounds in cash and illicit vapes. The officers are here with a warrant to search the premises because of suspected money laundering. They say their intelligence also suggests the shop is linked to sale of illicit cigarettes and vapes, illegal immigration and drug-dealing. Det Insp Daniel Fenn, on his ninth raid of the week, says some barber shops such as this are claiming income of £100,000 to £150,000 a month. "They aren't getting that amount of customers to warrant that amount of money." CCTV in other barbers that have been raided has shown they do not have many customers, so footage of this one will also be examined, DI Fenn says. The raid in Shrewsbury was one of 265 carried out across England last month as part of a crackdown on High Street businesses - often Turkish-style barbers, vape shops and mini-marts - suspected of being fronts for international crime gangs. Politicians and members of the public have raised concerns about many of these businesses which have boomed even while High Streets appear to be in decline. The average number of barbers per person in England and Wales has doubled in the past 10 years, according to commercial property analysts Green Street." BBC NEWS REPORT Other businesses of interest - Nail bars / glamour tanning shops / fast food outlets ... any more you can add? -
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Republicans are growing restless and frustrated over President Donald Trump's escalating trade war — and some strategists are warning he's set to trigger a dangerous backlash, Politico reported on Tuesday. Trump's "Liberation Day" tariffs, dubbed a "reciprocal" scheme even though the tariffs are in most cases far higher than those imposed on U.S. products by foreign countries, impose duties of 10 to 49 percent on virtually all foreign goods. The list of tariffs even singles out remote, uninhabited volcanic islands near Antarctica that have no trade with the U.S. The result has been a panicked selloff in the stock market and forecasts of a likely imminent recession — which, GOP officials say, are not what their voters wanted. The president "won in November because many voters saw him as an antidote to their economic malaise; as a candidate, he frequently promised to lower Americans’ everyday prices," noted Adam Cancryn and Myah Ward. "But as president, he has chosen instead to plunge the country into fresh financial chaos, while insisting the market losses as a result of his tariffs are 'medicine' Americans need to take." Whit Ayres, who polls for Republicans, said, “Trump was elected in part to lower inflation and juice the economy. Higher prices and slower growth are exactly the opposite of what Americans voted for.” Donald, where's your troosers? -
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European stock markets plunge in early trading, following stock market slumps across Asia Shortly after opening, the Dax index in Germany was down almost 10%, while the FTSE 100 in London was down almost 6% The Shanghai Composite was down more than 8% at one point, and Hong Kong's Hang Seng down almost 13% Monday's losses follow global slumps last week - in my 20 years covering the Asian stock market, this is one of the biggest continuous sell-offs I've seen, writes our Asia business correspondent Mariko Oi Earlier, US futures were sharply down, indicating that Wall Street shares will fall when US markets open Donald Trump defends his policy, telling reporters on Air Force One "sometimes you have to take medicine to fix something" What antidote is available? -
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When Homeland Security Investigations agents showed up at Abby’s Bakery in February and arrested the owners and eight employees, residents of Los Fresnos were shocked. “I was surprised because I know that they’re not taking advantage of the people,” Esteban Rodriguez, 43, said after pulling into the bakery’s parking lot to discover it was closed. “It was more like helping out people. They didn’t have nowhere to go, instead of them being on the streets.” The reaction in the town of 8,500 residents may show the limits of support for President Donald Trump’s immigration crackdown in a majority Hispanic region dotted with fields of cotton, sugarcane and red grapefruit where Republicans made gains in last year’s elections. Now, Baez and Avila-Guel, a Mexican couple who are legal U.S. permanent residents, could lose everything after being accused of concealing and harboring immigrants who were in the U.S. illegally. Hundreds of school bus drivers, painters, retirees and parishioners from the nearby Catholic church come into Abby’s Bakery each day. Six of Abby’s eight employees were in the U.S. on visitor visas but none had work permits when Homeland Security Investigations agents came to the business Feb. 12. The owners acknowledged they knew that, according to a federal complaint. Baez, 55, and Avila-Guel, 46, have pleaded not guilty. They referred questions to their attorneys, who noted the workers were not held against their will and there was no attempt to hide their presence, as a smuggler would. As green card holders, the couple could be deported if they are convicted. They have five children who are U.S. citizens. The bakery closed for several days after their arrest. Monsignor Pedro Briseño of St. Cecilia Church often visited before early morning Mass for the campechana, a flaky, crunchy pastry dough layered with caramelized sugar. His routine was interrupted when plainclothes immigration agents arrived in unmarked vehicles. “A woman came here crying. She said, ‘Father, Father, they’re taking my brother,’” Briseño said. The priest walked over and saw agents use zip ties to bind employees’ hands. -
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For new members at his Mar-a-Lago property, Donald Trump has recently established a cost of $1 million. From the existing $700,000, the proposed price represents a considerable rise, as per the reports of Yahoo news. Trump regularly mixed with visitors to Mar-a-Lago throughout his first administration, taking suggestions on policy from them. Several Mar-a-Lago members were appointed to significant roles. These include Lana Marks, who became the US ambassador to South Africa, Adrian Zuckerman, who served in Romania, and David Cornstein, who was sent to Hungary. In 2019, USA Today identified eight club members who had roles in Trump’s administration. The membership fee at the start of Trump’s first presidency was around $200,000. People hoping to win political favors would view the fee increase as a wise investment. Your thoughts? -
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9 Letter Word Game GAME A Below are nine letters - from those nine make as many words as you can of four letters or more:- "K" MUST appear in every word. C O P W T R A H are the other 8 letters you can use. Tip - put the eight letters in a circle round the "K". There is definitely a nine letter word to be found!. 12 words = word wizard 18 words - word master 24 words = word genius OVERALL TARGET 30 ....Word Perfect! *** Please enter one word IN TURN with other players to start game. Definitions of unusual words are most welcome! [ nouns, adjectives etc no proper words, but see the other game below ] Update will appear as and when, but game will probably close in 3-4 days. SEPARATE WORD CHALLENGE! GAME B Using same word wheel above name any person, character, country, river...anything interesting you can conjure out of the letters, with definitions please where necessary! Must be 4 letters or more, and helpful if you indicate it's "B" word! -
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President Donald Trump left observers baffled this week when he suggested in a late-night Truth Social rant that his tariffs on Canadian goods would include taxes on illegal drugs. In the Truth Social post, Trump said that one of his goals with the tariffs was to "penalize Canada for the sale, into our Country, of large amounts of Fentanyl, but Tariffing the value of this horrible and deadly drug in order to make it more costly to distribute and buy." Fentanyl is an illegal drug, the government collects no taxes from its purchase or sale. Are you baffled? -
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Another day, another wriggling squirming embarrassing parade of the current US government trying to duck responsibility for an obvious mess of their own making. www.huffingtonpost.co.uk/entry/trumps-cia-director-blames-biden-team-for-allowing-communications-on-signal-app_uk_67e3a521e4b076c73b1e6a1a All Biden's fault, but a simple fact check proves that's nonsense. When when when will MAGA politicians admit they can make mistakes? -
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Currently Trump is very upset about a painting that doesn't flatter him. "Nobody likes a bad picture or painting of themselves, but the one in Colorado, in the State Capitol, put up by the Governor, along with all other Presidents, was purposefully distorted to a level that even I, perhaps, have never seen before," Trump said in a post on Truth Social. However he "knows nothing" about about the most serious leak of information from his own government. Not a pretty picture...do you agree? www.commondreams.org/news/trump-yemen -
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9 Letter Word Game GAME A Below are nine letters - from those nine make as many words as you can of four letters or more:- "A" MUST appear in every word. L C O L L G Y I are the other 8 letters you can use. Tip - put the eight letters in a circle round the "A". There is definitely a nine letter word to be found!. 26 words = word genius OVERALL TARGET 33 ....Word Perfect! *** Please enter one word IN TURN with other players to start game. Definitions of unusual words are most welcome! [ nouns, adjectives etc no proper words, but see the other game below ] Update will appear as and when, but game will probably close in 3-4 days. SEPARATE WORD CHALLENGE! GAME B Using same word wheel above name any person, character, country, river...anything interesting you can conjure out of the letters, with definitions please where necessary! Must be 4 letters or more. The updates will sort the A's from the B's !! -
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