231–240 of 1001 posts
It's not like the tariffs are gone. It's still 10% for everyone but China. That only seems small in comparison to what was being proposed before. I wonder will EU and others wait out 90 days while negotiating or match the 10% in kind
He's turned the US stock market into the same model as China's - the entire up/down rests on the leaders words. Which makes them fairly uninvestable.
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.
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.
Threaten people with a 49% national sales tax, and suddenly they celebrate when it's only 10%.
It also makes it easy for Chinese manufactures to circumvent tariffs. Completely pointless theater for the MAGA crowd.
This man's absurdity never ceases to amaze me. How can his supporters appreciate all this - constant - chaos? Moreover, from the outside (European here), it looks like the US president can literally do whatever he wants without being subject to regulations or facing any consequences - pretty much like a dictatorship. No discussion, no parliament, no opposition taken into account. Crazy.
They would already be impeaching if it was a Democrat.
Earlier quoted context omitted.
It's almost like the whole point is just to enable insider trading on a scale we've never seen before.
Doesn't make much sense, if you're insider trading you profit more if you move one stock a lotlotlot vs all the stocks merely a lot.
Doesn't help America as much as some people might think. The world has seen that Trump is erratic, and America imports too much from China to just ignore the 125% (!!!) tariff on the country.
One of my biggest concerns is the value of the dollar. If foreigners are discouraged from doing business with America either due to tariffs or due to other matters, how does this affect the dollar, which is a fiat currency? The US dollar is currently the world's reserve currency, which is the result of the United States' emerging victorious from WWII while Britain, holder of the world's previous reserve currency (the pound), had to contend with rebuilding as well as dealing with the loss of its empire. Fiat currencies, by definition, are not backed by assets, but are instead backed by "faith"; not in the religious sense, but in the faith that people have in the government issuing the currency. How will the world keep the faith if the custodian of the dollar acts so recklessly?
For many years I've been concerned about deficit spending and easy-money policies from central banks. However, for the past few months I've become very concerned about Trump's policies that alienate our allies and partners. What Trump and the rest of MAGA simply do not understand is that the United States is part of an interconnected world. American strength is more than just weaponry; it's also in our economy and our reputation.
Unfortunately Trump and his cabinet have done extraordinary damage to our nation in less than three months. He's like an angry man with a baseball bat smashing up irreplaceable artifacts in a museum, and sadly there is no police to stop him, because he is the chief of police. He is by far the worst president America has ever had to endure, and if this continues our nation will end up at war, either with itself or with other nations.
My takeaway from what I've read and heard in the last few weeks is that his only actual motivation is to 'win'. He bragged yesterday that other countries are kissing his ass to negotiate deals on the tariffs. I think that was all he wanted, I think he now thinks that this whole tariff thing was a success and he's going to move on to the next crazy idea. The rest of us suffer for it, except for the sad portion of the…
Trump has now shown his hand. Even with the tariffs on China remaining, it’s clear that Trump will back down on any extreme positions he takes. So, expect the china tariffs to be backed off soon too (once he gets some concession that he can brandish as a win). In 3 months, sell your positions, let him play his stupid games and re-buy once he backs down, because he will. Or just hold and ride it out. 10% sounds like w…
> it’s clear that Trump will back down on any extreme positions he takes. That has always been the case with him. That's literally his negotiation tactic.