Trump Caves on Tariffs - 90 Day Pause

[red viking]

The pressure got to be too much for him. What a wuss. And the guy's credibility just continues to go down the drain. Constantly changing his mind, going back and forth like the wind. How can anybody respect this piece of garbage? 

 

Edited April 9 by red viking

[scourge165]

Dude...this is an objectively good thing. 

We're STILL hitting China...who just stole IP from META and this could stop a recession that hurts people.

 

He's a clown...but he's a clown who just did the right thing. 

[VakAttack]

1 minute ago, scourge165 said:

Dude...this is an objectively good thing. 

We're STILL hitting China...who just stole IP from META and this could stop a recession that hurts people.

 

He's a clown...but he's a clown who just did the right thing. 

...I mean....sure, but it's only a thing at all because of what he did to start with.

[red viking]

1 minute ago, scourge165 said:

Dude...this is an objectively good thing. 

We're STILL hitting China...who just stole IP from META and this could stop a recession that hurts people.

 

He's a clown...but he's a clown who just did the right thing. 

Well, temporarily he did. Lot of damage already done, including to whatever credibility he had left. He also escalated a trade war w/ China that's still escalating. He should have taken a more careful approach to that too. 

[scourge165]

10 minutes ago, red viking said:

Well, temporarily he did. Lot of damage already done, including to whatever credibility he had left. He also escalated a trade war w/ China that's still escalating. He should have taken a more careful approach to that too. 

Yeah...FOOK China. They HAVE it coming. They are corrupt, manipulate currency, steal intellectual property, corporate espionage. 

 

WE NEEDED to crack down on China. I'm good with that...with all due respect, this is a good thing. When he did this, it was hurting people. It still caused damage and we'll see how that comes back, but...this was GOOD. 

 

I will bet we come out of this with trade deals and a LOT more barrels pointing at China(who we do still need). And we both said, it was stupid to go after China and THE WORLD at once time, right?

So...this was good.

 

[scourge165]

15 minutes ago, VakAttack said:

...I mean....sure, but it's only a thing at all because of what he did to start with.

Sure...it's...kinda like the guy robbing the bank, taking people hostage and then giving himself up, BUT...that last act was great!

And we could, as I said, come out of this, let cooler heads prevail and get a better deal with China or build our own alliance with China. We did need to crack down on them. 

This is a huge relief though. 

[VakAttack]

3 minutes ago, scourge165 said:

Sure...it's...kinda like the guy robbing the bank, taking people hostage and then giving himself up, BUT...that last act was great!

And we could, as I said, come out of this, let cooler heads prevail and get a better deal with China or build our own alliance with China. We did need to crack down on them. 

This is a huge relief though. 

Ok....but why should I trust this is going to stay in place?  That the moment something annoys him he doesn't reinstitute all the tariffs?  Double them?  Scott Bessent was just on TV explaining that they're still going to tariff pharmaceuticals and lumber

[scourge165]

1 minute ago, VakAttack said:

Ok....but why should I trust this is going to stay in place?  That the moment something annoys him he doesn't reinstitute all the tariffs?  Double them?  Scott Bessent was just on TV explaining that they're still going to tariff pharmaceuticals and lumber

No...just...I don't know. Maybe keep your powder dry or...BRK.B?

I wouldn't trust him, but...meh. 

[VakAttack]

Just now, scourge165 said:

No...just...I don't know. Maybe keep your powder dry or...BRK.B?

I wouldn't trust him, but...meh. 

Exactly my point.  The markets respond positively to stability, they respond poorly to volatility and uncertainty.

[mspart]

Master stroke or buffoonery?    75 countries have asked for negotiations.   So tariffs come off.   75 countries coming to the table is really good  news.   Isn't that what Trump said in the first place was what he wanted?  

Will the cut in tariffs happen for 90 days?   I don't know.   But the signal is that Trump will negotiate to drive tariffs down on all sides. 

mspart

[Wrestleknownothing]

11 minutes ago, VakAttack said:

Ok....but why should I trust this is going to stay in place?  That the moment something annoys him he doesn't reinstitute all the tariffs?  Double them?  Scott Bessent was just on TV explaining that they're still going to tariff pharmaceuticals and lumber

you absolutely should not trust him.

[red viking]

25 minutes ago, Wrestleknownothing said:

you absolutely should not trust him.

Yah; that's what I was going to say. This guy is repeatedly all over the place and has zero credibility now, internationally. Nobody believes he's going to stick to any decision anyway. 

[uncle bernard]

Looking forward to usual suspects on this board claiming that the Tariffs are a great idea and it's also a great idea to stop them!

[JimmySpeaks]

The plan all along.  

[red viking]

2 minutes ago, uncle bernard said:

Looking forward to usual suspects on this board claiming that the Tariffs are a great idea and it's also a great idea to stop them!

Yes, it was "always part of the plan." LMFAO. 

[red viking]

1 minute ago, JimmySpeaks said:

The plan all along.  

You're so brainwashed. You think that literally anything he does was "always part of the plan." Keep drinking the Kool Aid. 

[JimmySpeaks]

This has been about China all along.  He got the attention of the rest of the world and now has given them an opportunity.  This is going to hurt China Bigly. 

[Bigbrog]

2 minutes ago, uncle bernard said:

Looking forward to usual suspects on this board claiming that the Tariffs are a great idea and it's also a great idea to stop them!

LOL...talk about black and white thinking at it's best...LOL

[mspart]

13 minutes ago, red viking said:

Yah; that's what I was going to say. This guy is repeatedly all over the place and has zero credibility now, internationally. Nobody believes he's going to stick to any decision anyway. 

Yeah, that's why 75 countries are begging to negotiate, because Trump has zero credibility.   Do you realize what you are saying?   I don't think so.   He is getting what he stated he wanted on the campaign trail.   It will be good news for the US.   Sorry you are not thinking of that.  But that's ok.   Most middle of the road guys like you hate America.  No wait!  You are 100% a leftist whackadoo winger.   That is the scientific term by the way.  

mspart

[JimmySpeaks]

1 minute ago, red viking said:

You're so brainwashed. You think that literally anything he does was "always part of the plan." Keep drinking the Kool Aid. 

Dude the kool aid I drink is red white and blue. Yours is China red 

Edited April 9 by JimmySpeaks

[JimmySpeaks]

Trump got exactly what he wanted. China to pay. And they will. 

[Wrestleknownothing]

7 minutes ago, JimmySpeaks said:

The plan all along.  

Only if by "The Plan" you mean demonstrate incompetence.

[JimmySpeaks]

Just now, Wrestleknownothing said:

Only if by "The Plan" you mean demonstrate incompetence.

Still looking for your checkers board huh?   

[scourge165]

48 minutes ago, mspart said:

Master stroke or buffoonery?    75 countries have asked for negotiations.   So tariffs come off.   75 countries coming to the table is really good  news.   Isn't that what Trump said in the first place was what he wanted?  

Will the cut in tariffs happen for 90 days?   I don't know.   But the signal is that Trump will negotiate to drive tariffs down on all sides. 

mspart

No, he said he wanted Tariffs to be permanent. He long held this belief that tariffs were the way to pay down the debt.

This was a good thing he did today. This wasn't a brilliant masterstroke that he thought out.

The 10 year yield, I think the MAIN reason he's doing this now was UP 70 basis points. So that's 70B more we pay the next 10 years because of this(if that would have held)...and it was too risk to get...nothing out of it BUT less losses than we anticipated.

 

I appreciate he recognized it was a failure and we were headed toward a recession, but he said dozens of times the tariffs wlil make us so rich, and then people started to say "he's actually been saying this since the 1970s, we should go back to tariffs," even once floating eliminating the income tax. 

 

Also, we do still have tariffs that don't make sense in place. So I think it was...at BEST him admitting it wasn't working and using the other countries offers as a talking point. 

[JimmySpeaks]

It’s brilliant. He now has the attention of 75 countries that can take over what China does.  This is a win for everyone but China