Trumps Tariffs

[headshuck]

Trump identified 70 countries willing to negotiate fair trade while knowing China would continue to be a problem. He’s giving those companies a 90-day pause and his calendar is full of deal making meetings.

[VakAttack]

1 minute ago, headshuck said:

Trump identified 70 countries willing to negotiate fair trade while knowing China would continue to be a problem. He’s giving those companies a 90-day pause and his calendar is full of deal making meetings.

Totally.  Right after the Epstein files.

[headshuck]

It’s so easy to trigger you.

[VakAttack]

Just now, headshuck said:

It’s so easy to trigger you.

It must be fun to live in a world where "responding on a message board" is the same as "triggering."

[headshuck]

Nasdaq up almost 10% and Vak says Trump is an idiot.

[VakAttack]

1 minute ago, headshuck said:

Nasdaq up almost 10% and Vak says Trump is an idiot.

It's ok if you don't understand math, you can just say that.

[Wrestleknownothing]

1 hour ago, headshuck said:

Nasdaq up almost 10% and Vak says Trump is an idiot.

The Nasdaq was 22,250 when he started this mess. It is now 19,186. What about that says "up almost 10%"?

[Wrestleknownothing]

You guys sound like my wife. Every time she says she saved me money I have less money.

[headshuck]

The Nasdaq was 22,250 when he started this mess. It is now 19,186. What about that says "up almost 10%"?

100s of headlines in the news talking about stocks up x% today, but yeah you got me on some undefined basis.

[VakAttack]

1 minute ago, headshuck said:

100s of headlines in the news talking about stocks up x% today, but yeah you got me on some undefined basis.

....he literally defined the basis in his post.

[Wrestleknownothing]

Just now, headshuck said:

100s of headlines in the news talking about stocks up x% today, but yeah you got me on some undefined basis.

You mean some VERY well defined basis. The title of the thread is Trump Tariffs. So going back to when Trump started The Dumbest Trade War In History is the only proper way to do the accounting.

[headshuck]

Ok, bold wins. I’ll be pessimistic from now on. Nothing positive to see here.

[headshuck]

....he literally defined the basis in his post.

The post is 6 days old.

[Gene Mills Fan]

Sometimes you just have to doodle in the sand and wait. It worked for Christ!

Specially when everyone is trying to do what they think is GOOD.

Edited April 9 by Gene Mills Fan

[Scouts Honor]

6 hours ago, VakAttack said:

...I don't care what Elizabeth Warren feels or thinks on this issue, though I tend to doubt what you're saying.  I gave MY position.

it's not just warren

[scourge165]

5 hours ago, headshuck said:

Trump identified 70 countries willing to negotiate fair trade while knowing China would continue to be a problem. He’s giving those companies a 90-day pause and his calendar is full of deal making meetings.

Oh please. Is this a new Twitter talking point that everyone's repeating? I saw someone quote Jimmy saying this.

There were NEVER 70 Countries who didn't already HAVE fair trade. There was one major one...that was a concern to us. To put a finer point on it, there are three main Countries who don't really have fair trade or take advantage of other countries/the rules.

1-'GYNA
2-Brazil
3-....The United States.  The first and most obvious example would be these tariffs on a newly agreed upon trade deal that our two partners had agreed to. 
 

We're kinda pricks as well...billions of people who thought their economy was going into the toilet because of our actions will attest to this. Brazil really just has high tariffs for cars. There are others who are worse but...not really relevant. North Korea isn't a bastion of free trade(or free anything). 

 

But lets operate under this assumption that we just wanted to see. We wanted to see who was with us and who'd side with China. PLEASE tell me what happens if India, Japan, South Korea and Vietnam all would have agreed to overtures from China to stand against the US?

The EU is not happy with us. Canada, Mexico...we screwed with ALL of our allies and now we claim victory because...we know who'll negotiate?

 

 

I'm VERY happy he put an end to this, but there are a LOT of people who have big tax bills due who took  out taxes, who are paying penalties for doing so or who sold lower because we still have another 20-25% to go yet if he hadn't stopped.

 

You don't get credit for taking a bus hostage to get at one person, and then releasing that Bus minus that one person. 

 

https://www.theglobaleconomy.com/rankings/herit_trade_freedom/

[scourge165]

5 hours ago, headshuck said:

Nasdaq up almost 10% and Vak says Trump is an idiot.

Wait...so if the Nasdaq dumps 15 points because of your stupid policy and then regains 10 points, you're up 10 points in your world?

It's up 1900 today. 
It's STILL down ~2900 since Trump came in with his tariff talk and down ~600 points from before this whole mess started. 

 

[scourge165]

3 hours ago, headshuck said:

Ok, bold wins. I’ll be pessimistic from now on. Nothing positive to see here.

No, definitely something positive to be found here. Trump was doing something "catastrophically stupid," to quote Tomas Sowell. He stopped doing that stupid thing.

But lets not pretend like it was a smart move because the thing he did was SO bad it caused a historic drop and we regained about MOST of that. 

Also, Trump was touting how bad the tariffs were going to be before they hit.  Now I don't want to relitigate the whole Smoot-Hawley thing, but when you announce massive tariffs and you say all industries are going to get hit, you hit your neighbors, you go after every ally(except Russia?)...it's really not accurate to go from the 2nd to today...but even doing just that, we're still down.

 

 

And a lot of people really did lose a lot of money. Just hypothetically. I have 5000 shares of NVDA. It's trading around 125 because...it's a great company. And then you hear specifically they're going to put tariffs on every country and they're going to tariff that specific thing that one company makes. I think it's fair to go from the ~145 it was before, after he did this and then thing about the people who aren't in their 30s and able to hold and wait it out because that's their retirement and they're on a fixed income...so now they sell it at...95-100 as Trump is saying, this is going to cause pain, but we'll be better on the other side, but even the Republicans are talking about passing bills saying 'we need to take back the authority to put tariffs on a President.'

 

It's pretty bad for them. My old man came VERY close to doing exactly that(in fact, he did tell me to, but...I ignored him or he wouldn't own any NVDA at all, but still). 

[JimmySpeaks]

6 hours ago, VakAttack said:

Totally.  Right after the Epstein files.

The Epstein files are being held up by 42, blackface, a prince and a king.  Oh and probably 44 

[VakAttack]

1 hour ago, JimmySpeaks said:

The Epstein files are being held up by 42, blackface, a prince and a king.  Oh and probably 44 

Lolololol.  Sure, buddy.

[JimmySpeaks]

8 minutes ago, VakAttack said:

Lolololol.  Sure, buddy.

Bill and Andrew for sure.  

[VakAttack]

30 minutes ago, JimmySpeaks said:

Bill and Andrew for sure.  

Renowned for their power in the current administration. 

[JimmySpeaks]

44 minutes ago, VakAttack said:

Renowned for their power in the current administration. 

Ya cause that has a lot to do with it. 

[VakAttack]

13 minutes ago, JimmySpeaks said:

Ya cause that has a lot to do with it. 

You're right.  A president from 25 years ago and a disgraced member of a figurehead royal family have more power than the current president, and both branches of the legislature which are controlled by the president's party, and the law enforcement agency in possession of the files, also controlled by the president. 

[Wrestleknownothing]

31 minutes ago, JimmySpeaks said:

Ya cause that has a lot to do with it. 

I’ve known Jeff [Epstein] for 15 years. Terrific guy, He’s a lot of fun to be with. It is even said that he likes beautiful women as much as I do, and many of them are on the younger side.