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The Trump Tariffs thread

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Josh128 said:
See above. He's already mentioned Vietnam called him and offered to eliminate their tariffs if we pull ours. He'll say the same for the other countries and claim victory, WHEN decides to back down, even if they give up basically nothing
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And practically, Trump will reapply the tariff once the opponents are down.
It's practically over.
 
d484677f-a380-41a4-8e38-8b15ef6a5e40.jpg

Seen idiots online happy that the tariffs are gonna make their iPhones and Samsungs cheaper. 🙂)))
 
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Makes perfect sense Gretzky's record falls and a Russian sits on top of the NHL most hallowed records.. at the same time a Russian agent sits at America's most hallowed desks.

The Russian bear won!
 
Indus said:
Makes perfect sense Gretzky's record falls and a Russian sits on top of the NHL most hallowed records.. same time a Russian agent sits at America's most hallowed desks.

The Russian bear won!
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Not so fast. China won't help Russia anymore and they will be royally screwed unless Russia is ready to fight with the US against China and Europe.
 
Australian stocks this morning...

1743984918964.png

Edit: the last week has not been kind to the Australian dollar...

1743985259928.png

But given our export orientation, it will help soften the tariff shenanigans. Although it will also make new GPU's more expensive.... :cry:
 
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Indus said:
Makes perfect sense Gretzky's record falls and a Russian sits on top of the NHL most hallowed records.. at the same time a Russian agent sits at America's most hallowed desks.

The Russian bear won!
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Ovechkin is a Putin fucker but also Wayne Gretzky who he just beat is a fucking Trump humper. Either way you cut it the top two record goal scorers in the NHL are a piece of shit.
 
BTW this probably belongs in my CT thread..

Even if somehow Trump pulls back the tariffs.. the damage is most likely permanent even if stocks rebound a bit after that.

The world has been taught a major lesson to not trust America as a friend, ally or trading partner. Sooner or later they will wean themselves off American goods & services. And while America might not become a total pariah.. it will be relegated to what Russia is now.. i.e. cooperate only for vital stuff, otherwise just make sure you don't get invaded by them.

The clear long term winner in this will likely be China and the EU.

As for us who wanted to buy American index's when cheap.. I fear it's a bull trap.. because although market will rebound on sentiment that earnings from past quarters is good.. Trump has done such a good job alienating other countries from American goods and services.. the long term earnings will be shitty and decline after that.

Stock prices depend on market sentiment.
Market Sentiment depend on earnings.
Earnings depend on trade.
And trade depends on giving customers good deals.. (and not pissing them off like America has very recently)

Some American multi national companies might actually start think about moving out of America to not be associated with America's name where they can exist, make profits.. but not be limited by America's influence.. some tax haven like Dubai or whereever.

Would anyone be surprised if MAG7s move out of the US?

Anyone else think my deductions or reasoning is stupid or overblown??
 
Indus said:
BTW this probably belongs in my CT thread..

Even if somehow Trump pulls back the tariffs.. the damage is most likely permanent even if stocks rebound a bit after that.

The world has been taught a major lesson to not trust America as a friend, ally or trading partner. Sooner or later they will wean themselves off American goods & services. And while America might not become a total pariah.. it will be relegated to what Russia is now.. i.e. cooperate only for vital stuff, otherwise just make sure you don't get invaded by them.

The clear long term winner in this will likely be China and the EU.

As for us who wanted to buy American index's when cheap.. I fear it's a bull trap.. because although market will rebound on sentiment that earnings from past quarters is good.. Trump has done such a good job alienating other countries from American goods and services.. the long term earnings will be shitty and decline after that.

Stock prices depend on market sentiment.
Market Sentiment depend on earnings.
Earnings depend on trade.
And trade depends on giving customers good deals.. (and not pissing them off like America has very recently)

Some American multi national companies might actually start think about moving out of America to not be associated with America's name where they can exist, make profits.. but not be limited by America's influence.. some tax haven like Dubai or whereever.

Would anyone be surprised if MAG7s move out of the US?

Anyone else think my deductions or reasoning is stupid or overblown??
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Overblown. Iran just attacks the Arab countries if Israel attacks them first. It will be over for the oil in Europe and if Russia pulls the plug in the alliance with the US, China and India would be royally screwed.
 
DZero said:
Overblown. Iran just attacks the Arab countries if Israel attacks them first. It will be over for the oil in Europe and if Russia pulls the plug in the alliance with the US, China and India would be royally screwed.
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I dunno man.. just look around here, look in the mirror.

We're trying to shard to boycott MAGA donating companies.

Do you think the rest of the world won't do the same to avoid American goods and services after the shit we pulled recently?
 
Muse said:
TBH I couldn't wait to get out of HS and to the university. I remember only two of my HS teachers being particularly worthy of admiration, a math teacher whose classes were very much favored by people who gravitated to math/science and the chemistry teacher (Chem 1A/1B was a breeze at the U because of what he had taught us in HS).
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For the flip side I remember thinking I was hot shit because I had a 98 in HS chem. Got a fucking 10/100 on my first college chem midterm. Big difference in difficulty between Texas public high schools and the University of California system. :tearsofjoy:

Had to drop the class and self-study the rest of the quarter to get up to an acceptable level in the subject but did manage an A- when I made a second attempt at the course.
 
And the Japanese market opens down 8%, with another huge rout on the Dow futures market. The markets are in for another day of "Trump Magic" tomorrow. S&P futures down 4%.

80 years of post-WW2 science fiction and not a single person speculated that WW3 would be an economic war fought by the American President against America.
 
misuspita said:
Any country willingly going to become part of Russia is downright stupid. Especially western ones, already used to toilets indoors. They'd be much happier as a Canada province
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Alaska willingly join those librul Canuckistanians? WTF are you smoking?

(although I do agree with you…Alaska is just too red/Trump to want to do that)
 
Josh128 said:
I really think Trump is going to waffle and blink later this week if we get another big downturn the next couple of trading days. He's going to realize he made too big a move and real people are being affected. He really has no idea what he's doing and what the actual consequences will be. When he realizes this (when the right person/people tell him), he'll back down. He'll try to play it off like "so many countries called me" and "gave up so many things" etc, etc, but the reality will be that he will realize the retardedness of this move and blink.
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By “real people,” you mean multi-billionaires, right? Because, obviously FelonKing Donnie doesn’t give a single shit about the working class who are the ones that will suffer the brunt of the tariffs and economic downturn.
 
Kristen Welker: - "President Donald Trump promised that he was going to improve the economy starting on day one. He said prices are going to come down. More than 160 million Americans, Mr. secretary, as you know, are invested in the market. Many of them have spent their lives saving for their retirement," Welker said. "What is your message to Americans who want to retire right now and have just seen their lifetime savings drop significantly?"

Scott Bessent: - "I think that's a false narrative. Americans who want to retire right now, Americans who have put away for years in their savings accounts, I think they don't look at the day-to-day fluctuations of what's happening,"

Typical tone-deaf Marie Antoinette type reply from the richest treasury secretary ever. Saying no one is worried about their 401ks that Trump just crashed. Every time Scott Bessent tries to downplay the damage Trump's policies are doing to everyday Americans, just remember: he's worth over half a billion fucking dollars.
 
Muse said:
Can a lawsuit be contrived (uh, developed) that will go to the Supremes so T's tariffs be negated? I mean, one would suppose (or at least hope) there's something that can prevent catastrophe short of assassination(s) of incorrigibles.
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I believe there are several lawsuits that are challenging the presidents claim that we are in an economic emergency.

www.forbes.com

Lawsuit Could End Trump Tariffs And Stock Market Rout

A new lawsuit aims to end the Trump administration’s sweeping tariffs by arguing the president’s use of emergency powers is unlawful.
www.forbes.com www.forbes.com

I don’t imagine it doing anything though as this Supreme Court would surely rule that the president gets to determine what is or isn’t an economic emergency and I’m sure there wasn’t any specifics when such power was legislated.
 
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