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The Trump Tariffs thread

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yottabit said:
Was there a pretext the executive branch presented to enacting these latest rounds of tariffs?
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He declared an "Economic Emergency", which gives him the power. It was bullshit, but it's will be true now.

Same as the "Alien Enemies Act" for deportation, cause we're at war you know....
 
Trump at the end will enter in a war against Mexico, Canada and even Greenland and becomes full time dictator, an ally of Russia and North Korea.
 
VRAMdemon said:
Eric Swalwell: - The economy is crashing and the President is fucking golfing. He's hitting balls and I'm taking calls. This isn’t “America First.” It's Trump first. So, Mr. President, get your ass off the golf course and fix this.
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Fix?
Fix what?
Per MAGA, this is all according to plan, Project 2025.
Destruction is the point.
 
Jaskalas said:
And Americans will enjoy the same human rights as Russia and North Korea.
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Not so fast. People will start to rebel and worst case USA will be the next Yugoslavia with the country being fragmented and showing up how the biggest country starts to fall down
 
misuspita said:
So at least 3 nations will appear? West coast, red center and east coast? 🙂))
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It could be or the US take the L form from California until the north west and managing to merge with New York in the north.

The other side would be confederates without access to the Pacific Ocean since Alaska might be likely become a Russia colony all over again.
 
I'm no financial genius but somebody putting their clients into domestic energy should probably get burned at the stake for being so fucking stupid.


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K1052 said:
lol

If you want to hear Bessent say everything is fine because the trading systems are holding up under a panic please that's erasing trillions in value please click. That dude should just quit because this is super humiliating.

https://bsky.app/profile/atrupar.com/post/3lm5mvrdqhl2s
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What I heard (TV, I guess) is that the markets would have been shut down if the intra-day loss reached 7%. They reached 6% Friday, so not shut down. Conclusion, "everything is fine" is BS.
 
They crazy thing is Monday and Tuesday should have been dead cat bounces before the EU announces its retaliation but now it looks like Monday is going to be down and it’s almost likely guaranteed Weds-Friday will be particularly brutal. Definitely looks like a good chance of seeing a 25-30% decline by end of the week.
 
Wreckem said:
They crazy thing is Monday and Tuesday should have been dead cat bounces before the EU announces its retaliation but now it looks like Monday is going to be down and it’s almost likely guaranteed Weds-Friday will be particularly brutal. Definitely looks like a good chance of seeing a 25-30% decline by end of the week.
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I cannot even begin to guess where the bottom is here if Trump doesn't relent and even piles on the sectoral tariffs potentially this week. Not to mention potential retaliation for other countries retaliating.

Trump is serving up the biggest one man shit sandwich in financial history and we're not even sure if it's' a double or triple decker yet.
 
K1052 said:
I'm no financial genius but somebody putting their clients into domestic energy should probably get burned at the stake for being so fucking stupid.


View attachment 121520
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Anyone who knows even a little bit about the oil and gas industries should have known that "drill baby, drill" was a stupid idea and totally out of touch with the current market. There is no market for additional production. There is no available refinery capacity and no profit incentive to drill more wells. Trump's fabricated "energy emergency" is an excuse to issue overreaching EOs and create grifting opportunities to rip off the taxpayers. There is no energy emergency. Trump pulled it out of his ass.
 
IronWing said:
Anyone who knows even a little bit about the oil and gas industries should have known that "drill baby, drill" was a stupid idea and totally out of touch with the current market. There is no market for additional production. There is no available refinery capacity and no profit incentive to drill more wells. Trump's fabricated "energy emergency" is an excuse to issue overreaching EOs and create grifting opportunities to rip off the taxpayers. There is no energy emergency. Trump pulled it out of his ass.
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Every driller or fund that owns a driller flat out said they would not drill unprofitably and that profitability was high 60s to 70 a barrel. Trump trying to recreate the days of them losing money for market share is insanely dumb and was not ever going to happen.
 
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