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The Trump Tariffs thread

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I don't know if they are lying about this yet or not but it is going to make the fed wait longer before cutting which is what he wants them to do.
Translation? He wants the Fed to reduce interest rate but they would be more hesitant to do so because strong job numbers suggest a rate cut would heat up the economy which would increase inflation?
 
"Don't believe your lying eyes."

These people are idiots. Just stabbing themselves for no benefit.
Also, nothing Americans like more than being told to tighten their belts.

People went nuts when their private burrito taxis jumped to market price. And 50 years ago, freaked out when they were told to wear a sweater to help conserve energy during an energy crisis.
 
Also, nothing Americans like more than being told to tighten their belts.

People went nuts when their private burrito taxis jumped to market price. And 50 years ago, freaked out when they were told to wear a sweater to help conserve energy during an energy crisis.

But hey MAGAeconomics is way better than Sleepy Bidenomics!
 
Also, nothing Americans like more than being told to tighten their belts.

People went nuts when their private burrito taxis jumped to market price. And 50 years ago, freaked out when they were told to wear a sweater to help conserve energy during an energy crisis.

If the previous four years established anything with absolute crystal clear clarity is that when prices rise it is the President's personal fault. And Trump decided to raise prices a whole lot and spin the country into a recession at the same time.
 
Dumb question: do electronic products count towards trade or only physical products? Like if a country buys 10 million licenses of Windows a year, is that an export for the US?
 
If the previous four years established anything with absolute crystal clear clarity is that when prices rise it is the President's personal fault. And Trump decided to raise prices a whole lot and spin the country into a recession at the same time.
But he's got a big beautiful brain.

I just wonder, how wise is it to just make huge changes to tariffs coming from all directions when DOGE has been cutting government staff amongst which is........ customs!
 
Dumb question: do electronic products count towards trade or only physical products? Like if a country buys 10 million licenses of Windows a year, is that an export for the US?

I think software is treated as services as is so far not tariffed. Though other countries could start targeting US services exports as well soon.
 
I don't think the EU announced tariffs yet, or some other countries - when they do, expect more loss porn
They haven’t. I’m pretty sure they are waiting till next week and in the mean time are likely having coordinated discussion of what they are planning.

As much as it’s going to suck I hope the rest of the world says fuck off and retaliates. If they bow down and kiss the ring it will just further embolden Trump to continue this shit.
 
Nothing works though, the stupid hicks will still vote for this clown and clowns like him. They'll blame the covid vaccine or Bill Gates or some other weird tangent they will go off on. Trump wrecks their savings and they thank him for it. Trump uses the tariffs as a tax hike and they think it's a genius move.

These yokels are beyond help because they're poorly educated and see anything remotely liberal or foreign as a threat to them, because King Trump said so. It's a cult and you can never get through to cult members.
 
But he's got a big beautiful brain.

I just wonder, how wise is it to just make huge changes to tariffs coming from all directions when DOGE has been cutting government staff amongst which is........ customs!
5 dimensional chess played with a 2 dimensional brain.
 
I don't know if they are lying about this yet or not but it is going to make the fed wait longer before cutting which is what he wants them to do.
I can't say they are lying or not either but I don't trust any of their numbers. As far as affecting rate cuts, have you seen them calculate tariffs? These people aren't that smart to think that far ahead. Plus, they probably think they will evict Jerome Powell sooner than later.
 
3.9 years left of this..
Yep, I keep thinking that. It would be nice if we had a vote-of-confidence system in the USA wherein congress could call a special election to choose a new president/administration. Intelligently designed democracies have been known to do this.

Edit: Actually I believe it's 3.8 years left. We're 74 days in. 74/365 = 0.20. HANK IN THERE.
 
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Yep, I keep thinking that. It would be nice if we had a vote-of-confidence system in the USA wherein congress could call a special election to choose a new president/administration. Intelligently designed democracies have been known to do this.

Yeah the UK ditched Truss in a hurry!
 
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