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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

#22

Post by ackbar03 »

carabiner wrote: post #8
bhouston wrote: post #2

If anyone had advanced warning, you could have made a fortune today: https://www.marketwatch.com/livecoverage/stock-market-today-...

I bought VOO and AMZN yesterday. First time buying an individual stock since pandemic. Kicking myself for not buying more. Still waiting a week to possibly buy more if there's another shock, but if the market's up, I'll buy less.

That's stock speculation for you, everything you do is wrong in retrospect

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

#25

Post by lysace »

thehappypm wrote: post #17
lysace wrote: post #7

My dream scenario: The rest of the world would band together and upper the mininum tariffs levels against US imports to 10% for 90 days.

[flagged]

And offered 0% tariffs on all physical goods (that includes agriculture) weeks ago. But no, Trump is financially illiterate and doesn't understand the concept of VAT.

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

#26

Post by loevborg »

The Chinese are warning their citizens about travel to the U.S.

> China issued an alert warning its citizens and students of the potential risk of traveling in the U.S. and attending schools there. > > “Recently, due to the deterioration of China-US economic and trade relations and the domestic security situation in the United States, the Ministry of Culture and Tourism reminds Chinese tourists to fully assess the risks of traveling to the United States and be cautious,” the ministry said in an alert.

Can't blame them honestly

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

#27

Post by NooneAtAll3 »

bgirard wrote: post #9
bhouston wrote: post #2

If anyone had advanced warning, you could have made a fortune today: https://www.marketwatch.com/livecoverage/stock-market-today-...

Lots of stocks are up 10-15% instantly after this announcement. Curious if we'll get reports of suspicious options volume capitalizing on this information.

why do people still trust stock markets if manipulating them is that easy?

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

#28

Post by dboreham »

bgirard wrote: post #9
bhouston wrote: post #2

If anyone had advanced warning, you could have made a fortune today: https://www.marketwatch.com/livecoverage/stock-market-today-...

Lots of stocks are up 10-15% instantly after this announcement. Curious if we'll get reports of suspicious options volume capitalizing on this information.

Well I bought this morning (not a large trade), based not on insider information but on the obvious outcome. Also the dynamic signal that Trump spent 2h spewing utter nonsense at a donor dinner last night, but the market didn't go down this morning. Signaling that something was in the works one way or another.

Edit: best to note that Trump is still doing plenty to destroy the US economy, so be careful out there.

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