Trump temporarily drops tariffs to 10% for most countries • Hacker News Board

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

#41

Post by matteoraso » Wed, Apr 09, 2025, 6:27 PM UTC

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.

Wouldn't be too suspicious, since Trump people told people to buy into the stock market before announcing this.

https://truthsocial.com/@realDonaldTrump/posts/1143082727259...

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

#42

Post by ProfessorLayton » Wed, Apr 09, 2025, 6:27 PM UTC

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.

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

#43

Post by slashdev » Wed, Apr 09, 2025, 6:28 PM UTC

doener wrote: post #15

[flagged]

Textbook. His textbook. Art of the deal.

He's not unstable, just very aggressive. He did have a plan.

We can argue about the merits of his plan, but dismissing him and his advisors as stupid or insane is underestimating them.

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

#44

Post by hn_throwaway_99 » Wed, Apr 09, 2025, 6:28 PM UTC

NooneAtAll3 wrote: post #27

bgirard wrote: post #9

Earlier quoted context omitted.

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?

Your question presupposes something I think that most people do not believe.

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

#45

Post by thrance » Wed, Apr 09, 2025, 6:28 PM UTC

[flagged]

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

#46

Post by Vivtek » Wed, Apr 09, 2025, 6:28 PM UTC

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.

Who would report it?

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

#47

Post by taeric » Wed, Apr 09, 2025, 6:28 PM UTC

NooneAtAll3 wrote: post #27

bgirard wrote: post #9

Earlier quoted context omitted.

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?

To be clear, here, this form of "manipulation" is kind of impossible to really deal with? Or do you have something in mind that should be able to more smoothly work with this?

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

#48

Post by bboygravity » Wed, Apr 09, 2025, 6:28 PM UTC

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]

39% on agricultural imports from the US.

Lee Kuan Yew referred to Europe as "fort Europa" for a reason many decades ago..

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

#49

Post by carabiner » Wed, Apr 09, 2025, 6:28 PM UTC

ackbar03 wrote: post #22

carabiner wrote: post #8

Earlier quoted context omitted.

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

I just buy during big fucking crises, either individual stocks or index funds. Front page of the NYT type shit, "existential threats" to 100+ year old concerns. Boeing, Toyota, pandemic. Such opportunities only come up every 2-3 years or so. Sell after 1-2 years to get the lower tax rate.

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

#50

Post by SpicyLemonZest » Wed, Apr 09, 2025, 6:28 PM UTC

bhouston wrote: post #2

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

Notably, there was a headline that went viral on Twitter earlier this week that the White House was considering this, but after they denied it it was widely understood at the time to be fake news. How many of the people spreading it, I wonder, knew it was really true?