I can't seem to say this enough. What a fkin idiot.
The first 100 days
- Thread starter watu05
- Start date
Trump doesn't have the mental capacity to play chess and I doubt he has the mental capacity to even play checkers. More like he's playing Candy Land except he gets confused on his colors so the game doesn't go exactly the way he wants all the time. And he just dropped a tariff on the residents of Gum Drop Falls.
We do have posters who said they would never happen.
Key word is temporarily. He thinks it will be temporary. If I were an executive or one of the highly hit countries I wouldnt trust the USA for another decade or more…even if we did reach a deal to lower duties.
It’s not just the market that Trump has ruined, it’s the trust in America, geopolitically and as a trading partner. That fallout will last decades.
Temporary also undermines long term planning and capital commitments by businesses. A company is unlikely to invest millions or billions in new plant and equipment on a situation based on EO's and a bogus invocation of an 'emergency. There will be a lot of promises and short term decisions made, but uncertainty will continue to prevent any real change, except perhaps that no one will trust the US in the future.
China is making the most of this by going to our (former?) allies and offering to work with them to offset some of the pain.
If you’re referring to me I clearly stated tariffs would occur but would be “transitory” and used as negotiating tools and then removed when a deal was struck. Now…did I expect broad based tariffs…absolutely not. Am I convinced these tariffs are long term…no.
Guess everyone believes they will still be in place 6-9 months from now?
You being the deficit hawk you are (well…when a Pub is in the White House) figured you would be thrilled at the prospect of saving $1T over the next decade.
It is a big gamble and simple minded if he thinks it will lead to better deals.
It is delusional if he thinks it will restructure the world economic system to benefit American prosperity.
Having any components or goods manufactured in China which are vital to our economy or national security is foolhardy. This is the one instance where I would support tariffs.
Well sure. But that is 1% of what is happening.
We all need to blow up the lines and inboxes of our congressional representatives.
The institutions are designed to keep lazy do nothing democrat (& some R’s) super fat wealthy without hardly working at all AT YOUR EXPENSE!
Hahahaha cry more losers
Yes lowering the cost of capital is undermines long term planning… wait !
Unbelievable. I would say I pray this isn’t a TU education shining here but I know there isn’t a difference. Confucius institute.
There are 2 types of businessmen … 1 is of the shark type, a fool & his money were lucky enough the time before they met you; etc etc etc
There’s the other that knows it’s only a good deal if it is for both parties & that sometimes includes people betting opposite of you.
Then there are wealthy DC elites who view all of us as the suckers
There’s the other that knows it’s only a good deal if it is for both parties & that sometimes includes people betting opposite of you.
Then there are wealthy DC elites who view all of us as the suckers
Another 5 * intellectual here.
Tell me, please… how do you lower the cost of capital FUNDAMENTALLY? What does it take? When the chairman of the Fed will do what’s wrong for the economy just to spite you …
It’s way more than 1% … it’s arming the utility of an American labor market to be competitive & PAY A PREMIUM for decades to come
I’ve already stated many times…no. I would target tariffs on those items I mentioned in my original post. China is not our friend today and won’t be our friend tomorrow. Giving them added leverage when the inevitable conflict between us arises is foolhardy. Yet…we’ve know this for years and have taken zero actions to address the situation
A stunning number of electric vehicle, battery factories are being canceled
Billions of dollars in clean energy projects have been canceled since Donald Trump took office again.There is no climate hoax period.
There are legitimate probabilistic models of the effects of carbon on global temperatures.
The models are not proof any more than the evidence linking tobacco to lung cancer. In neither case is a real experiment possible.
That said most credible scientists feel the models and evidence is compelling.
We should err on the side of caution and work towards reducing carbon emissions. What is there to lose if we are wrong? It is simply prudent.
There are legitimate probabilistic models of the effects of carbon on global temperatures.
The models are not proof any more than the evidence linking tobacco to lung cancer. In neither case is a real experiment possible.
That said most credible scientists feel the models and evidence is compelling.
We should err on the side of caution and work towards reducing carbon emissions. What is there to lose if we are wrong? It is simply prudent.
Let me add I bought a Mitsubishi Outlander PHEV in November. It is a fun car. Last time I filled up with gas was February 15th. It is peppy and responsive with the electric motor and perfect for someone like me who rarely exceeds the 38 mile daily electric range. Lots of tech too.
Delighted I got it pre tariff war.
Delighted I got it pre tariff war.
Have you kept a cost comparison evaluation, say compared to another vehicle you own, or the last vehicle you owned?
Stock futures look like they’re going to tank again Monday as there are reports of a preliminary EU retaliatory action on the grand pooba’s tariffs.
Conservative economic think tank says Trump’s tariff methodology (deterministic equation) makes no sense and is based on a significant math error.
Would that really surprise anyone?
A Mathematician explaining that Trump’s own administration is modeling an inflationary increase of 10.25% across the board.
Thats astronomical inflation and sticker shock for the American consumer and it has no fundamental basis in logic.
Thats astronomical inflation and sticker shock for the American consumer and it has no fundamental basis in logic.
One of the most influential investors from the "big short" era (and beyond) says we're approaching an economic nuclear winter due to the new trade policies. He was previously a Trump supporting Billionaire
https://thehill.com/homenews/administration/5235232-ackman-warning-trump-tariffs/
https://thehill.com/homenews/administration/5235232-ackman-warning-trump-tariffs/
Hahahaha wow
Hey, they say Trump is stealing from everyone to give to his billionaire friends… but a 20% dip in the stock market affects which group most negatively? Over 94% of the stock market is owned by just 8% of the U.S. population. Is that the … no! It couldn’t be!
And the 20% dip even if it drops 30% we’d still have a more accurate portrayal of real valuations… but the 20% is high it’ll settle probably 16-18. Then what? Bull run on treasuries means the federal reserve … does what with interest rates?
The Fed lowers the interest rates (unless they truly want to be talked by Trump & legislators forever) & Trump can refinance debt close to 0% this means DEFLATION MEANING YOUR MONEY GAINS VALUE
So why is he doing this if it hurts the billionaires more than benefiting them & actually benefits the American people?
And hey if it works out this way would t that just be great? Obama robbed my generation of homeownership, Trump is gifting it back to the entire population!
So if it works of course it will be great but will you admit you were wrong?
Bill Hackerman really give me a break. By the way why is he trading on positions counter to what’s outlined in that article?
That article is garbage it’s lip service he’s giving to the Jones’s he pissed off he wants to get back invited to their parties again! For real that’s exactly what this article is it is the SHIT I DESPISE
Another (former) close ally on America Trump's tariff and America. The view from down under:
You can't win a tariff fight with Trump for three simple reasons
The Australian government after May 3 will no doubt want to try to negotiate with the Trump administration about our 10 per cent tariff, but they might be better off to just work around it and move on.
www.abc.net.au
Semi limited? They do it because the tariffs work! The tariffs allow for surpluses! Unbelievable!
Other countries use them because they work. They tariff our exports being imported into their markets; because of this they reward themselves (with the help of previous failed UTTERLY WEAK LEADERSHIP of USA (being Bush 41-Obama+Biden) the privilege of an economy that functions at a surplus with the USA!
Again, if this works as Trump admin intends, wouldn’t it be just great? & if that happens will you admit you were wrong & celebrate Trump for returning the American Dream to the American people (instead of prioritizing a fading imaged fraction of what it used to be for foreigners?)
Germany may look to withdraw its gold from US
Germany has some 1,200 tonnes, or about a third of its gold stored in the vaults of the New York Federal Reserve in Manhattan.
www.mining.com
If the tariffs are not there in 6 or 9 mo, it will be because Trump will feel too much pressure from congress or the public. When maga abandons him because they can't afford a minimum 10% hike in the cost of goods they will abandon him just like they gave Biden grief over inflation. This will be an inflation of massive proportions. But Trump will have control over this inflation, unlike Biden.
https://www.cnn.com/2025/04/07/economy/us-double-canadian-lumber-duties/index.html
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