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The Trump Tariffs thread

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Well here we go. Trump says tariffs at 25% on Mexico and Canada start at midnight. China goes up another 10%.
 
SPY lower than it was before the election. Great work, Trump. Glad I haven’t been buying and have been selling existing holdings on top of that.
 
This is not tariff-related but it is overall Trump and import related. I love Japanese kitchen knives, and this was posted in one of the chef knives communities I'm in. A popular website to get knives from is stopping shipping to the US due to its hostility.

So much winning!


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This trade war stupidity and the stuff with Ukraine pissing off Europe we're not going to have any friends by like next month and the world will just tell us to get bent.
 
repoman0 said:
SPY lower than it was before the election. Great work, Trump. Glad I haven’t been buying and have been selling existing holdings on top of that.
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I bought some tech stocks because I thought Trump couldn't influence tech that much as much as other imports/ exports. Holy fuck was I wrong. I'll just do a long hold.

Don't think I'm buying anything even though it's all red today.
 
UNCjigga said:
There is a non-zero chance this Administration responds by claiming the entirety of Niagara Falls for the United States and sending armed forces to secure the hydro plants on the Canadian side. Hell, Trump will probably try to rename it “Freedom Falls” [wink nudge].
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- Anyone who doesn't have their shit completely wired to blow is making a huge mistake right now.

If Panama hasn't, Panama will be rigging the canal end to end with HE.

Funny, I never thought the global economy had so many guns pointed at it's head.
 
hal2kilo said:
How to tell that he has absolutely no concept of how grain farming exists in this country.
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I think this is meant to warn farmers of incoming retaliatory tariffs. He literally has no idea how American subsidies + de-regulated industrialized farming means the only things we’re really good at growing are wheat, soybeans, corn and animal feed. It’s not like we can just instantly replicate European regional specialties like cheeses, wines, quality meats and 00 flour. Ask the Russians—they tried that already after they were cut off.

Outside of beef, I don’t think our animal products are favored by external consumers for quality/flavor. I think our dairy is restricted in many markets due to hormones. But sure, I expect we’ll see designer varietals of sorghum featured on American menus sometime this decade.
 
Just look at all this winning!

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It’s one thing for the administration to spin Ukraine, DOGE, etc. But spinning the economic fallout from tariffs? I wonder how that’s going to go.

I'll take a guess:

“It’s the fault of liberals.”

“China/Canada/Europe/Mexico is being very unfair.”

“Liberals. Woke!”

“Things are fine.”

All of the above will work!
 
Hey, farmers! Get fucked!

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I "think" that he's trying to say that there’ll be tariffs on agricultural imports, which will, in his mind - increase farmers competitiveness in the domestic market.

Of course, there’s going to be countervailing duties imposed by other countries that are going to hurt their competitiveness in export markets, and on the whole it’ll be a net harm to agriculture. Have "fun" guys! lol!
 
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