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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

#221

Post by nialv7 »

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.

Remember that "debunked" rumor tweet on Monday that created a market rollercoaster ride? The one that predicted exactly this?

What the hell is even going on

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

#222

Post by layer8 »

ProfessorLayton wrote: post #42

So we're all in for another ride like this in 3 months? How are businesses supposed to plan anything in this environment? As nice as this surge is, I'm more focused on upping my cash reserves and bracing myself for a recession.

It seems unlikely that the next 90 days will remain calm and stable.

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

#223

Post by JKCalhoun »

ProfessorLayton wrote: post #204
coldpie wrote: post #163

Earlier quoted context omitted.

> How are businesses supposed to plan anything in this environment? Who cares? Business leaders & the politicians they helped elect are stripping the copper from the country. Whatever's left when they're done is someone else's problem.

I care?? Much of my family works in trades, have their own small businesses with employees and are very much subject to tariffs for their supplies. They did not vote for any of this.

(2^ that was sarcasm)

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

#225

Post by alabastervlog »

xnx wrote: post #106

So Trump destroyed the hard-earned 80-year history of the United States for strength and stability for what exactly?

Imagine being able to trade, knowing what he was about to say.

On margin.

Both the ups, and the downs (short trades).

Imagine being able to make it an open secret that if someone pays you and publicly kisses your ass a little, you'll send some of those advance hints their way.

Imagine how much money you could make in a matter of weeks.

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

#226

Post by adamrezich »

whimsicalism wrote: post #77
thrance wrote: post #45

[flagged]

the lesson to be learned is we are all humans and should get rich together, not to lean further into tit-for-tat anti-globalization.

The Prisoner's Dilemma is a very easy game for everyone to win at if everyone cooperates. Unfortunately, everyone doesn't want to cooperate.

It's a good idea to recognize and internalize this, as it's quite inherent to human nature, and won't be going away during any of our lifetimes.

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

#227

Post by HarHarVeryFunny »

xnx wrote: post #106

So Trump destroyed the hard-earned 80-year history of the United States for strength and stability for what exactly?

Apparently he's been bragging today that world leaders are "kissing his ass", which seems to be just as likely to be his motivation as anything else.

He's also planning a $100M military parade in DC, apparently on his birthday (although he denies that point).

He's a wannabe dictator - seems same motivation for Greenland, Panana, Canada (51st state), maybe also strikes on Houthi.

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

#229

Post by [deleted] »

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…

[deleted]

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

#230

Post by InkCanon »

HaZeust wrote: post #80

The blatant market manipulation is what really kills me about this. Just 2 hours prior he posted on Truth Social that it's a "good time to buy". Nothing really matters anymore, and 90-day pause is already showing his cards that the same bear-bull market run is happening in July. It's just crazy to discredit the full faith and credit of the US Stock Market and dollar in such a brazen fashion. Not to mention, with incr…

I believe it's some bizarre ploy so his supporters will say, "You should listen to Trump!"
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