Trump temporarily drops tariffs to 10% for most countries

Post by [deleted] » Wed, Apr 09, 2025, 7:17 PM UTC

grandempire wrote: post #302

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…

Oh no. Stock isn’t risk free automatic gains? I know that with RSUs etc people treat it that way. But no the risk is real.

Post by blasphemers » Wed, Apr 09, 2025, 7:17 PM UTC

krapp wrote: post #236

me2too wrote: post #169

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.

Only Republican Presidents get that kind of carte blanche. They would already be impeaching if it was a Democrat.

Post by bdangubic » Wed, Apr 09, 2025, 7:18 PM UTC

spacephysics wrote: post #177

insane_dreamer wrote: post #132

So, it was all a bluff? (As many people suspected it would be.)

It brought a large number of countries to the negotiating table, and shows he’s willing to execute on threats of keeping tariffs high for an individual country. Now is the ripe time, 90 days, to make a deal with the US and offer the best terms. The whole point of Trump is to leverage uncertainty, make an unrealistically high water mark, then go down from there (to a point thats still very favorable) This rationale ca…

Post by jddj » Wed, Apr 09, 2025, 7:18 PM UTC

magicloop wrote: post #397

"It’s the T-bills wot dun it." That’s my read on why the U.S. just paused the global tariff hike to 10%. From the beginning, I’ve believed the executive branch's real goal was to push down the yield on the 10-year Treasury. Why? Because Uncle Sam has to refinance a mountain of debt this year, and the cost of that depends heavily on Treasury yields — especially the 10-year. That’s the rate that sets the tone for every…

Post by scarface_74 » Wed, Apr 09, 2025, 7:19 PM UTC

SpicyLemonZest wrote: post #174

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.

The administration has signaled that they expect to negotiate acceptable balance-of-trade deals with the US's Asian allies over the next few weeks. If that happens, I can see businesses being certain enough to make investments. Until then I'm bracing for a recession too.