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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

#441

Post by wk_end »

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…

Trump has been on Team Tariff for 40 years. “There is no 3D chess, he’s just eating the pieces.”

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

#442

Post by dcow »

I don’t get the outrage. Trump did this with Mexico. He imposed tariffs and then immediately eased them when Mexico started negotiating. It worked. Wouldn’t a rational market understand his behavior by now (not agree with it, but understand it). Especially since his stated goal has been “impose tariffs to spur renegotiation of trade terms”. Why would a rational market actor be acting like Trump isn’t doing what he’s said he’s doing?

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

#444

Post by muzani »

guelo wrote: post #136
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.

Why cash when inflation is coming?

Cash can bleed slower than the others, especially if there's stagflation. Liquidity is nice too during uncertain times.

Also nearly 100% tariffs on one of the biggest trading partners is unlikely to hold for very long. There's probably a lot of options because of that.

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

#446

Post by BJones12 »

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?

Because you don't have to play this game. If you buy and hold long term you could ignore every news article this year and you'd be fine.

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

#447

Post by eigart »

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…

It remains to be seen to what extent this restores confidence.

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

#448

Post by consp »

muzani wrote: post #382
nineplay wrote: post #217

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…

It's literally in his book. He does a crazy thing. Big. Massive. Then gets the other party to negotiate it down to what he really intended. 10% is a lot, but now it looks smaller. He's also fighting back very hard on a few fronts, as per the book.

And it is entirely predictable which is why most countries did not kneejerk into action.

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

#449

Post by behole »

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…

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