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Trump temporarily drops tariffs to 10% for most countries

cnbc.com

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Re: Trump temporarily drops tariffs to 10% for most countries

#151

Post by meepmorp »

lysace wrote: post #55
martinky24 wrote: post #20

How can anyone take him seriously on this sort of stuff? He flip/flops constantly. If he isn't a serious negotiator, other countries/companies aren't going to take his threats seriously.

*How can anyone take the US seriously? Also see: https://www.bbc.com/news/articles/c5yrr0e7499o > Confidence in the US economy is plummeting as investors dumped government debt amid growing concerns over the impact of Donald Trump's tariffs. > Governments sell bonds - essentially an IOU - to raise money from financial markets for public spending and in return they pay interest. > The US does not normally see high int…

> How can anyone take the US seriously?

we can wipe out humanity if we get cranky

Re: Trump temporarily drops tariffs to 10% for most countries

#152

Post by croes »

UncleMeat wrote: post #95
davidw wrote: post #33

One thing companies love is lots of uncertainty like this. It keeps their accountants entertained! "Maybe we should build a factory in the US" ... 24 hours later ... "well, not today". What's really amazing is all the muttering from "Very Important Wall Street" type people who are saying that he's insane. Like... with that kind of salary, weren't you paying attention? We've known he wasn't right in the head for a whi…

The number of people who are paid to be "professional knower of things" and "professional predictor of things" who are now saying "I never could have predicted that Trump would do something as crazy as this" is just baffling. In a sane world all these people would be ignored by media outlets moving forward.

In a sane world Trump wouldn’t be president

Re: Trump temporarily drops tariffs to 10% for most countries

#153

Post by CamperBob2 »

davidw wrote: post #33

One thing companies love is lots of uncertainty like this. It keeps their accountants entertained! "Maybe we should build a factory in the US" ... 24 hours later ... "well, not today". What's really amazing is all the muttering from "Very Important Wall Street" type people who are saying that he's insane. Like... with that kind of salary, weren't you paying attention? We've known he wasn't right in the head for a whi…

They knew he was a moron. Their mistake was thinking he was their moron.

Re: Trump temporarily drops tariffs to 10% for most countries

#155

Post by somanyphotons »

freetanga wrote: post #104

The stock exchange and the tariffs are not the battleground. Asia started dropping US treasury bills. 30 year bills reached a max in decades Trump blinked. Edit: this was front and center in Financial Times, WSJ three hours ago. Now suddenly pushed back, exchange rally being front page news. People don’t understand how close to financial apocalypse we have been. Somebody in the WH scared the shit out of Trump.

Do you have a link or article title for reading about the dropping of tbills

Re: Trump temporarily drops tariffs to 10% for most countries

#156

Post by nitwit005 »

UncleMeat wrote: post #95
davidw wrote: post #33

One thing companies love is lots of uncertainty like this. It keeps their accountants entertained! "Maybe we should build a factory in the US" ... 24 hours later ... "well, not today". What's really amazing is all the muttering from "Very Important Wall Street" type people who are saying that he's insane. Like... with that kind of salary, weren't you paying attention? We've known he wasn't right in the head for a whi…

The number of people who are paid to be "professional knower of things" and "professional predictor of things" who are now saying "I never could have predicted that Trump would do something as crazy as this" is just baffling. In a sane world all these people would be ignored by media outlets moving forward.

I sold my stocks just barely in advance of this whole debacle. I remain confused that it wasn't already priced in by that point. I am not a savvy investor by any standard.

Re: Trump temporarily drops tariffs to 10% for most countries

#158

Post by scarface_74 »

sethops1 wrote: post #150
mistrial9 wrote: post #134

Earlier quoted context omitted.

[flagged]

Literally anyone with a 401k is an investor.

If you have a 401K heavily invested in stocks, you should be far enough away from retirement that short term swings don’t matter.

Re: Trump temporarily drops tariffs to 10% for most countries

#159

Post by jstummbillig »

skyyler wrote: post #126
fancyfredbot wrote: post #107

Too late for everyone who spent massively on flying in stock ahead of the tariff deadline. Too late for those forced to sell financial assets in order to pay margin calls. Too late for those working on projects involving foreign manufacturers which have now been cancelled due to tariff uncertainty. Too late for those who lost sales while they figured out pricing. Too early for the people fundraising to build US manuf…

It's almost like the whole point is just to enable insider trading on a scale we've never seen before.

Is there any reliable instrument to find out? This seems so obvious, given the only alternative option seems to be believing they are completely insane.

Re: Trump temporarily drops tariffs to 10% for most countries

#160

Post by krona »

bmandale wrote: post #92
krona wrote: post #73

Probably the bond market reaction caught the admin off-guard, possibly indicating a liquidity crisis. As usual, wont someone think of the overleveraged hedge fund managers?!

if you think he wasn't going to do something like this from the start then I have a bridge to sell you

Who's 'he'? Stephen Miran?
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