501–510 of 1001 posts
Lot of whiplash with these tariff policies. I'm wondering if maybe it'd be a better idea to give* Congress this power instead.
"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…
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.
Think the hope and idea is there’s concrete agreements established before the 90 days are up
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 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
If USA keeps 10% tariffs for everyone equally, why should we interfere? Serious question. I believe that Trump is shaking things off, but his goal is to introduce a fixed "tariff" like a soft VAT. He is just testing (and profiting with $$$$$) what happens when you do things like 30% there, 24% there, etc. But his long term goal is a fixed tax. In that context, who are we to judge them? We also have VAT on imports.
Lot of whiplash with these tariff policies. I'm wondering if maybe it'd be a better idea to give* Congress this power instead.
Congress does have the power (article I, section 8), however it delegated this power to the president for "extraordinary" situations with certain laws.
Of course, you have Congress to keep the President in check that these are real emergencies. Which is why the House will definitely be bringing S.J.Res. 37 to the floor, right? Because it's their sworn duty to act as a check on executive power, right?
Is it just the historical legacy of international trade that tariffs apply only to physical goods, but not to something like software-as-a-service subscriptions, digital media, or intellectual property? As the latter categories are more representative of US exports, it would surely be an interesting escalation if other countries were to start including them in their “retaliatory” tariffs.
I still wonder why this was not done instantly by EU. US has an imbalance on goods that was used to calculate the tariff amount, but it has the opposite imbalance on service from what I've read
"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…
That doesn't pass muster. If they had much interest in balancing the books, they wouldn't be ripping huge holes in revenue collection.
That can be explained by the fact that the cabal also doesn't like paying taxes.
Earlier quoted context omitted.
That doesn't pass muster. If they had much interest in balancing the books, they wouldn't be ripping huge holes in revenue collection.
That's fair but I suggest that they are actually deficit hawks for the long term . In the short term, they've got financing troubles hence they care about the yield.
How he's deployed them and spoken/written about them makes me think he thinks it's a good way to strong arm countries and he wanted to strong arm everyone.
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.
>How are businesses supposed to plan anything in this environment? They're not supposed to. The only people who are planning anything in this scenario are Whitehouse insiders coordinating stock frontrunning from Signal group chats. https://bsky.app/profile/unusualwhales.bsky.social/post/3lmf...
Which is perfectly fine, now that we have Executive Order 63, Pausing Foreign Corrupt Practices Act Enforcement to Further American Economic and National Security. This is no longer something the DOJ looks for or tracks, with AG Pam Bondi having to sign off on any potential investigations after a 180-day pause.
Trump also all but disbanded the DOJ Public Integrity Section, that watches for public corruption. https://www.nbcnews.com/politics/justice-department/justice-...